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Retail inflation gallops to 5.54% in November, at 3-year high

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EU Retaliation Against US Over Metal Tariffs to Start June 22

It had previously registered the move with the World Trade Organization (WTO). The Europeans reportedly also want a 25% USA tax on imports of light trucks-pic...

Facebook Raises Millions to Reunite Illegal Immigrants with Children

Their original goal was to raise $1,500. The Willners wrote on the page: "We are collectively revulsed at what's happening to immigrant families on our southe...

European Union to impose countertariffs on United States products as of Friday

The European Union will begin charging import duties of 25 percent on a range of US products on Friday, in response to U.S tariffs imposed on EU steel and alumi...

Futures slide as China-U.S. trade dispute heats up

But if one measures both exports and sales of United States companies inside China, the United States has a surplus of US$20 billion with China, according to De...

Disney ups Twenty-First Century Fox to more than $70.3B

The X-Men may be headed to Disney after all. A representative for Fox didn't immediately respond to a request for comment outside regular business hours. That o...

Telstra restructure axes 8,000 jobs

Chief executive Andy Penn defended the job cuts and other announcements, arguing that competition from the likes of Optus and Vodafone demanded a "bolder stance...

My Departure is entirely for personal reasons, says CEA

The government on Wednesday said Chief Economic Adviser Arvind Subramanian will leave his position in October after serving for almost four years and would retu...

Hackers steal $30 million from top Seoul bitcoin exchange

The company said the cyberattack took place between Tuesday night and early Wednesday. The hack marks the second incident in less than two weeks in South Kore...

Australian telecom giant Telstra to axe 8,000 jobs

Telco giant Telstra has announced it will be slash nearly a quarter of its workforce as part of a new strategy to "improve customer experience, simplify struc...

Rats chew up Rs 12 lakh worth currency notes in ATM!

When repairmen finally arrived on June 11, they were shocked to see notes shredded into tiny pieces. "We have been able to salvage about Rs 17 lakh", a bank o...

High Speed NBN Uptake Triples

The report further shows that, since December 2017, orders for wholesale speed tiers of 50 Mbps or higher have nearly tripled, increasing from 16 percent to 44 ...

Merkel, Macron agree on euro zone budget

Trump got right: Angela Merkel's coalition is fragile, and may soon unravel due to her immigration policies. By 2017 those numbers had dropped to pre-cris...

Huawei blasts Australian security concerns amid trade tension

Huawei is likely to be banned by Australia from participating in a 5G mobile telecommunications roll-out across the country. In an open letter, it says ...

Starbucks says it will close 150 stores next year

Starbucks said it expects same-store sales to grow 1% in its third fiscal quarter of 2017. Starbucks said it would look to open more stores in under penetrate...

Verizon will stop selling customer location data to aggregators

Yet relatively few knew that wireless carriers like Verizon, AT&T and Sprint sell that location data to brokers, effectively knocking over the first domino in...

Marriott tests Alexa as an in-room butler

Amazon said today that Amazon customers will soon be able to temporarily connect a personal Amazon account to the device in the room, allowing them to play thei...

Microsoft Facing Threats of Boycott for Collaboration with ICE

But this week, following the revelation that the agency was keeping children in metal cages, the company isn't so sure. Microsoft certainly seems to have been...

General Electric being removed from Dow Jones industrial average after 100+ years

Walgreens-or Walgreens Boots Alliance , as the stock is formally called-has declined 22% in the past two years. Its place among the most stable publicly trad...

Donald Trump Defends Tariffs: ‘We Can No Longer Be the Stupid Country’

They scuff them up. "They make them sound old or look old". "We're treated horribly. Dairy". "They fought World War II with us. They fought World War I with...

ASOS to ban the sale of silk, cashmere, feathers, mohair and more

If you search "mohair" and "silk" on ASOS right now, you'll notice that the majority of products are heavily discounted - so the brand is well on their way to...

Trump accuses Canadians of smuggling US goods across border

Apparently , as Trump told the crowd, this is Canadians' only resort to get basic American products, like shoes, since the tariffs are so high. But Conservat...

China slams US 'blackmailing' after Trump makes new trade threat

Shares of Boeing , which has acted as a proxy for trade war tensions with China as it is the single largest USA exporter to the country, fell 3 percent, we...

Dunkin' Donuts store: No 'shouting in language other than English'

However, there are also several customers in support of the sign, saying it addresses a real problem at that store. Hello, Starbucks, ' one person wrote. 'It's ...

Disney Expected to Add Cash for Fox Assets, Counter Comcast Bid

And he said any buyer would have to guarantee that Sky News remained financially viable, continued to operate as a major UK-based news provider and was able to ...

Elon Musk: Rogue Employee Carried Out 'Extensive Sabotage'

Understandably, Musk suspects "there may be considerably more to this situation than meets the eye", considering that there are "a long list of organizations th...

Theranos CEO Elizabeth Holmes steps down following fraud indictment

The hits keep coming for former Theranos founder and CEO Elizabeth Holmes. She faces up to 20 years in prison if convicted. Holmes had drafted a spellbinding ...

Trump escalates China trade war with extra tariffs

And the China trade offensive is only one side of Trump's multi-front battle with all major United States economic partners. Jacob Parker, vice president of...

Amazon Prime finally launches in Australia, at half the USA price

But the company, which has already disrupted Australia's retail market, has several of its own original shows including Golden Globe victor The Marvelous Mrs. T...

Study Finds Millennials Are the Worst Tippers, Because of Course They Are

The study surveyed 1,000 people, and revealed 10% of Americans ages 18 to 37 routinely leave no tip, and almost one in three leaves less than 15% when dining ...

Trump orders tariffs on $200B more Chinese goods

The escalating conflict between the world's two largest economies has rattled markets and companies, which fear disruption to their global supply chains. He a...