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Lordstown Motors will go public by merging with DiamondPeak Holdings

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Rio Tinto Plc (NYSE:RIO) Shorts Declined By 0.44%

The Return on Invested Capital is a ratio that determines whether a company is profitable or not. Investors often set up trades with the best intentions, but ha...

Hundreds of flights in Chicago canceled due to snow storm

The storm brought snow, ice and strong winds, followed by deep cold. The storm moved Saturday toward the Northeast and New England. The storm is deliverin...

Oil jumps 3 pct on OPEC plan details, US-China trade hopes

The IEA has previously touted the "growing influence" of the U.S.in global oil markets, saying such a dramatic rise in crude output could soon challenge the m...

Aer Lingus Reveals New-Look Planes

Overall, Aer Lingus plans to grow its A330 fleet to 16 aircraft (from 13 in 2017) and invest in 14 new A321LRs to provide capacity for growth across the Atlanti...

US Officials Consider Lifting China Tariffs

There is also a report that China's vice premier will come to the USA later in the month to participate in trade talks. The report comes as China's top negoti...

Patisserie Valerie says accounting scandal worse than thought

Patisserie said it was clear the cash flow and profitability of the business had been overstated in the past. Forensic accountants, believed to be PwC, have i...

Strong finish to 2018 for GVC

The bookmaker expects to post underlying earnings before interest, taxation, depreciation and amortisation, or Ebitda, between £750 million and £755 million - a...

Morgan Stanley Out with Q4 Numbers

Regentatlantic Capital LLC lifted its position in Morgan Stanley by 8.8% during the third quarter. Several other large investors also recently bought and so...

Whitbread cautious on outlook, launches £500m buyback | 17 January 2019

Sales at Premier Inn rose 3.1% in central London, excluding new hotel openings, but fell 1% across the rest of the United Kingdom, including outer London, in th...

Powerball's $107 million jackpot won by single player, breaking Australian lottery records

Last night's enormous draw was originally tipped to include a $100 million Division 1 prize, but the sheer influx of entries ballooned that total to $107,575,64...

Mason City's Shopko to remain open during company restructuring

Shopko has received debtor-in-possession financing of $480 million to "fund and protect its operation during the Chapter 11 process". Two Shopko stores in Sio...

Grey overtakes black as UK's most popular vehicle colour for first time

Before that, white was number one for four consecutive years. It was a favourite amongst buyers of Britain's best-selling vehicle, the Ford Fiesta, previous yea...

December retail sales fall as consumers bring forward Christmas shopping

Online retailing accounted for 20 per cent of total sales, with weekly spending averaging at £1.9 billion during December. The bad news is we're doing it reall...

Massive Oklahoma Government Data Leak Exposes 7 Years of FBI Investigations

Vickery told Forbes . The big data disclosure, involving major corporations like AT&T, Goldman Sachs and Lehman Brother released Wednesday suggests that its ...

Perdue recalls chicken nuggets due to wood contamination

Department of Agriculture's Food Safety and Inspection Service (FSIS). Perdue Farms is yanking thousands of pounds of its chicken nuggets off store shelves ...

Suspected extremists abduct Canadian in Burkina Faso

Her office declined further comment. "We are in touch with authorities in Burkina Faso and the authorities there and the relevant Canadian agencies are very muc...

FDA resuming some food inspections halted by shutdown | AP business

Gottlieb wrote on Twitter Sunday that the agency is expanding inspection activities beyond for-cause inspections "to also include foreign and domestic food,...

Reliance Jio Q3 result highlights: fantastic jump in profit; check whopping numbers

Speaking at RIL's 41st annual general meeting previous year, Ambani had said the company aimed to more than double its revenues by 2025 as contributions from ...

JP Morgan bond traders suffer worst quarter in decade

The bank also notched an increase in overall loans. J.P. Morgan, the biggest US bank, is closely watched as a bellwether for the financial industry. It is the...

UK Labour Leader Jeremy Corbyn Makes Fundamental Mistake

Mr Corbyn's comments frustrated those MPs who want Labour to back a second referendum now, as they noted how the government's survival of a no-confidence vote o...

Elon Musk's SpaceX to cut about 10% of its workforce

There are a lot of aerospace companies in the Los Angeles area. "SpaceX must become a leaner company", President Gwynne Shotwell wrote in a Friday email. ...

Trump Cancels White House Trip To Davos, Citing Government Shutdown

The cancellation announcement comes just days after the White House announced the members of the delegation it meant to send to Davos, led by Treasury Secretary...

Kganyago: Repo rate remains unchanged at 6.75%

He said since November 2018, worldwide developments have been the major contributor to an improved inflation outlook. PwC said earlier this week that the cent...

Climate worries, geopolitical tensions top risks in global survey

The report, which is based on the views of around 1,000 experts and decision-makers from around the world, found that 88 percent of respondents expect a "furthe...

Nissan turned the Altima into snowmobile

The Altima-te AWD, which will be shown at a motor show in Montreal next month, is fitted with a set of "Dominator" tracks from a company called American Track T...

Skopko locations in Northern Utah closing after bankruptcy filing

Here is its list of the latest store closings. Several pharmacies are on the closure list, including those at stores in Freeport and Quincy. Founded in 1962...

Leslie Moonves challenges CBS move to nix $120M severance package

In a Securities and Exchange Commission filing on Thursday, CBS disclosed that Moonves has informed the company of his plan to take the board's decision to arbi...

Jury Awards $21 Million to Hotel Dishwasher Forced to Work Sundays

Attorneys for the hotel said they planned to appeal, according to NBC 6 South Florida . "Defendant retaliated against Plaintiff by, among other things, cre...

Nissan-Mitsubishi alleges Ghosn failed to discuss £7m in 'improper payments'

Sales were driven higher by demand for its low-priced models, including two light utility vehicles manufactured in a joint venture with China's Brilliance, whic...

Ryanair issues profit warning as lower winter fares bite

This compares to a previous estimate of €1.1 billion to €1.2 billion. The airline blames a lack of capacity for short-haul flights over Europe for the drop in...