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German pharmaceutical company Bayer cutting 12,000 jobs

But Baumann had stuck to its confident outlook in integrating Monsanto . FBN's Ashley Webster on Bayer shares' falling on news a California jury ordering the...

April-October Fiscal Deficit At 6.49 Lakh Crores Crosses Full Year Target

Net tax receipts in the first seven months of the fiscal year were Rs 6.61 trillion. Fiscal deficit is the difference between earning and expenditure of the G...

Marriott hacked and 500 million guest records stolen

For 327 million guests whose data has been taken, passport details, phone numbers, and email addresses were exposed. Marriott shares plunged on Friday, fallin...

GM stock slips as Trump threatens to cut subsidies

Trump boasted on Twitter Wednesday that Steel Dynamics, based in Fort Wayne, Indiana, was opening a new plant in the Southwest, creating 600 jobs. "Nothing bein...

Funeral industry facing investigation after 'soaring' prices

The CMA began a market study of the sector six months ago, and said today that given the nature and significance of the issues it had uncovered, a full market i...

Japanese pilot, 10 times over alcohol limit, jailed in Britain

But a bus driver who transported crew to the aircraft smelt alcohol and alerted airport security officials. Jitsukawa was caught after security noticed he sme...

Payless pranks VIPs, sells discount shoes at luxury prices

All Payless needed to do was rent a former Armani store in Santa Monica with dramatic lighting, launch a fake website with an Italian-sounding name, fill up a...

Section of Engine Cover Comes Loose During Flight

Jazmin Pedraza was on board and managed to take footage of the damage. "Safety is our top priority at Frontier Airlines and we would like to acknowledge the p...

Caught on Camera: FedEx delivery man folds fallen flag

A FedEx driver in Maryland is getting recognition for taking the time to properly fold a US flag after high winds knocked down a flagpole outside a home. King d...

Shinzo Abe warns Theresa May that Britain must avoid 'no deal' Brexit

However, with scores of Tory MPs now publicly opposed to the deal, Mr Gyimah's departure highlights the scale of the task facing Mrs May if she is to avoid a po...

Marriott says Starwood Hotel database hacked, could affect 500 million guests

Marriott-branded chains aren't affected, as data on those stays are on a different network. Credit card numbers and expiration dates of some guests may have b...

Indian firm presses ahead with controversial Australia coal mine

The project has been fiercely opposed by environmental groups who argue the thermal coal that will be extracted from the mine will contribute to global warming....

Trump auto tariff threats may hit United States consumers' pockets

These comments from both Trump and Lighthizer come days before the G20 summit in Argentina, in which Chinese President Xi Jinping is expected to meet with Trump...

Trump joins Canada, Mexico leaders to sign new trade pact

There is more work to be done, Trudeau said, calling the recent announcement that General Motors will close plants in Canada and the U.S. " a heavy blow ". -Mex...

Senators Send Rebuke to Saudis, Trump Over Khashoggi Killing

He was killed in what USA officials have described as an elaborate plot at the Saudi consulate in Istanbul, which he had visited for marriage paperwork. "Nobody...

US Fed's chief in apparent dovish shift, says rates near neutral

But some economists say three rate increases for next year are beginning to look less certain. That revision in thinking also is apt to be apparent in the new d...

Fed Emphasizes Flexible Rate Path After Likely December Hike

Claiming that benchmark lending rates were "just below" a range of estimates for "neutral", that is, neither stimulating nor slowing growth, Powell sent a sig...

Justin Trudeau Refuses to Say 'USMCA' at Signing Ceremony

The U.S. continues to push for a quota in exchange for lifting the tariffs on Canada and Mexico , which have applied their own retaliatory levies. Canada, ...

GDP growth rate slows to 7.1% from 8.2% in last quarter

Latest national income data put out by the Central Statistics Office (CSO) on November 30, gross value added (GVA) at 2011-12 prices, which is GDP minus taxes, ...

ME breweries join Sierra Nevada in wildfire relief

Sierra Nevada supplies its special Butte County blend and other breweries make it and sell it - with all the proceeds going to the Camp Fire relief fund . The ...

Trump may suspend additional China tariffs under proposed deal

The Wall Street Journal reported on Thursday that Beijing and Washington were working on a plan to postpone until April tariff increases on Chinese imports, ...

Ohio Representatives urge GM to reverse course after announced plant closures

Honda said it was in a similar boat. Despite the political blowback, GM shares finished up almost five per cent on Monday, with many analysts praising the ...

Stocks markets surge on hint of slower rate hikes

Part of Powell's caution reflects inherent uncertainty over how the economy responds to interest rate increases. The Dow climbed 617 points, or 2.5 per cent, ...

Australia’s largest bank had poor leadership, CEO admits

His chair Catherine Livingstone will face the commission this afternoon. Conflicts within the mortgage broking network and within the CBA branch network's "fr...

Xi states economic goals prior to G20 summit in Argentina

But after a brief spell of optimism , stemming from a Trump-Xi phone call in early November and the original announcement of their summit, pessimism is creepin...

How Payless Got People to Pay Hundreds for Its Shoes

The chain pulled off the clever hoax with the help of DCX Growth Accelerator, whose chief creative officer Doug Cameron told Adweek that the AI was meant to "...

Audi joins Tesla-chasing club with e-tron GT

The volume-production counterpart is set to follow in approximately two years. While the batteries which provide propulsion mean the e-tron GT is likely to ti...

Floyd Mayweather fined $600000 for undisclosed cryptocurrency plugs

Floyd Mayweather had to come out of pocket more than $600,000 to settle charges brought against him by the SEC for his role in a cryptocurrency scandal. Withou...

Deutsche Bank POLICE RAID: Investigators STORM Frankfurt HQ - shares plummet 3 percent

The subsequent investigations exposed evidence Deutsche Bank helped clients set up off-shore accounts, prosecutors said . In 2016 alone, over 900 custome...

Alibaba's Jack Ma is a Communist, claims China's Party newspaper

The 54-year-old was being honored by the Chinese government as one of 100 people who have made "outstanding contributions" to China's economic transformation in...