IBM to lay off 1,700 employees
Tech giant IBM will lay off a small percentage of its employees reinforcing speculative reports that were appearing in many media outlets.
Jun 07, 2019
North Korea's Kim Jong Un executes officials after failed US summit: reports
Venting frustration at the failed Hanoi summit with President Donald Trump, North Korea has executed its special envoy to the U.S and a few other foreign ministry officials. They faced charges of "spying for the U.S."
May 31, 2019
US stock market to jump 10,000 points if Fed kept rates on hold, says Trump
President Donald Trump has slammed the U.S central bank for raising interest rates thereby hurting the country's stock markets and economic growth.
May 27, 2019
Tearful Theresa May announces resignation
British Prime Minister Theresa May announced her resignation on Friday. The PM was in tears while announcing her decision to quit.
May 26, 2019
Woman sues Boeing for $276M over Ethiopian Airlines crash that killed her husband
A French woman has sued Boeing for her husband's death in the March 10 Ethiopian Airlines crash that killed 157 people on board. The lawsuit seeks $276 million in damages for the crash of the 737 MAX 8 aircraft.
May 22, 2019
Nike, Under Armour urge Trump to lift China tariffs on footwear
Leading footwear companies in the U.S have come out against President Donald Trump's China tariffs.
May 21, 2019
US-China trade war could lead to global recession, economist says
The trade war between the U.S and China holds ominous consequences for the global economy and the risk of recession is very high, warned an economist with Morgan Stanley.
May 21, 2019
Virgin Galactic could launch first commercial space flight in a year
Billionaire Richard Branson's Virgin Galactic's commercial space tourism flights got a boost with its winged passenger rocket and over 100 employees readying to move into New Mexico's Spaceport America.
May 13, 2019
US hikes tariffs on Chinese goods to 25%; China stocks rally
The new U.S. tariffs came into effect at 12:01 a.m. ET on Friday, following President Donald Trump's announcement to increase tariffs on Chinese imports worth $200 billion, from 10 to 25 percent,
May 10, 2019
US-China trade talks: Trump says China 'broke the deal'
American President Donald Trump has accused China of breaking a deal in the U.S.-China trade talks.
May 09, 2019
Video shows Tesla Model 3 autopilot saves driver from collision
Tesla's autopilot feature is in the news after users posted videos on social media hailing the accident evasion maneuvers that saved many from head-on collisions and crashes.
May 07, 2019
SpaceX cryptocurrency possible, Binance CEO pitches idea to Elon Musk
Going by the frenzy on Twitter where Tesla and Space X CEO Elon Musk is solicited to join the cryptocurrency crowd, an impression builds up that Musk is on the cusp of joining the cryptocurrency industry.
May 03, 2019
US, China trade talks to be resolved within 2 weeks, says Mulvaney
The fate of the U.S, China trade talks could be known in the next two weeks, according to White House chief of staff Mick Mulvaney.
May 01, 2019
Alphabet added 20,000 jobs last year, now has 100,000 employees
Alphabet, the parent company of Google, has announced that it added nearly 20,000 employees in the last year taking the total headcount to 103,549 in the first quarter of 2019, up from 85,050 a year ago.
Apr 30, 2019
African swine fever in China may push pork prices up 78% by 2020
Pork prices in China will skyrocket more than 70 percent in the coming year as the stock of domesticated pigs known as hog will plunge to "historically low" levels because of raging African swine fever.
Apr 18, 2019
Warren Buffett's advice to Tesla CEO Elon Musk: Stop tweeting
Billionaire investor Warren Buffett gave a small piece of advice to Tesla CEO Elon Musk: "Please stop tweeting."
Apr 17, 2019
Walmart slams Amazon, CEO Jeff Bezos: 'How about paying your taxes?'
The war of words between top American retailers is hotting up. The Amazon prime debate had its trigger from Amazon boss Jeff Bezos who challenged competitors to match up their worker pay with that of Amazon.
Apr 12, 2019
WikiLeaks founder Julian Assange arrested in London
WikiLeaks founder Julian Assange has been arrested at the Ecuadorian embassy in London on Thursday.
Apr 12, 2019
Is Amazon spying on users through Alexa? Employees listen in on conversations
Fears of Amazon snooping on customers heightened after a report suggested thousands of workers are reviewing and listening to the private conversations addressed to the digital assistant Alexa.
Apr 11, 2019
US-China trade deal could happen in four weeks, says Trump
It may take another four weeks to decide whether a trade deal between the United States and China would be happening, stated President Donald Trump.
Apr 05, 2019
More Brexit Voters Think Theresa May Muddled Negotiations As Commons Takes Over
Brexit latest has the British parliament gaining an upper hand on the process, reflecting the disenchantment with Prime Minister Theresa May's handling of the Brexit negotiations.
Mar 27, 2019
No-deal Brexit rejected by MPs: What does this mean?
After rejecting Prime Minister's Brexit plan twice, the British Parliament on Wednesday voted to reject a no deal Brexit too.
Mar 14, 2019
No Deal Brexit To Cause Massive Layoffs In Germany, Ex-PM Calls For Delay
Britain's separation from the European Union with a "no deal Brexit" would seriously hurt Germany's job sector. Hardest hit will be the German auto, consumer goods, and banking sectors.
Mar 08, 2019
Theresa May promises £1.6B 'bribe' for Brexit-supporting communities
Prime Minister Theresa May has come under fire for the 1.6 billion pound ($2.1billion) fund that promises economic growth for pro-Brexit communities.
Mar 05, 2019
Brexit date could be delayed until 2021 as Theresa May's plans underwhelm
Brexit is unlikely to happen on March 29 and may drag on until 2021.
Feb 26, 2019
Is Iran getting ready for war? Launches new submarine with advanced weaponry
Even as Iran claims escalating threats from Israel and the U.S, it is hastily adding new weapons to its armory.
Feb 19, 2019
Oil Market Uncertainty Can Worsen Into A Crisis, Warns Expert
The prevailing uncertainty in the oil market abetted by OPEC production cuts, the U.S. sanctions on Venezuela oil and other factors can snowball into an energy crunch and impact oil price, warned an industry expert.
Feb 13, 2019
SunTrust, BB&T Bank Merger Is Biggest In 10 Years, All-Stock Deal Worth $66B
It is the marriage season in the American banking sector. The good news is that the first time after the financial crisis in 2007-2009, a mega banking merger has been announced. The all stocks merger between SunTrust Bank and BB&T Corp will create America's sixth-biggest commercial bank.
Feb 08, 2019
Tesla Model 3 Arrives In Europe, Delivery Moved To Thursday
The delivery of Tesla Model 3 in Europe started off nominally on Wednesday with priority for reservation holders who were awaiting the car for long. Some unexpected snags, however, affected the promised delivery to all the buyers invited. More deliveries will happen on Thursday.
Feb 08, 2019
Apple suffers $5 billion revenue loss in China amid economic slowdown
China worries are haunting iPhone maker Apple.
Jan 31, 2019





