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Uber reports loss of $1.8 billion in 2018, improvement from previous year

Uber, the most highly- valued United States based startup, is heading into its much-anticipated IPO after more than one billion dollars in losses previous yea...

Retailer Payless to file bankruptcy, close stores

Payless ShoeSource is going to close all its 2,300 stores nationwide after it files for bankruptcy later this month, according to a report by Reuters . The ...

Honda to close UK plant with loss of 3,500 jobs

Sky News said that the announcement by Honda could come on Tuesday, and that the plant was scheduled to close in 2022. Honda will reportedly keep its Europe...

RBI To Pay Rs 28,000 Crore Interim Dividend To Government

This is the second straight year that the RBI has announced an advance payment to Prime Minister Narendra Modi's government. "Based on a limited audit review ...

Payless to close all 2,100 USA stores

The company says its stores in Latin America will remain open. According to Payless' website the company employs more than 18,000 people worldwide. It reorgan...

Oil prices hit 2019 highs amid supply cuts, trade talk hopes

On the supply side, traders continue to expect the OPEC-led production cuts to trim the global excess and stabilize prices. Hopes of a trade deal between the US...

United Kingdom throws drowning Huawei a European lifeline

Britain has reportedly decided it can mitigate the risks arising from the use of Huawei Technologies in 5G networks , despite warnings from the United States...

PC government promises 'action' if Hydro One doesn't cut proposed CEO salary

Minister Rickford says, "For 15 long years, the previous government stood idly by and let exec compensation at Hydro One grow out of control". When asked Frid...

RBS pays £977m dividend to the government

Although the dividend means a almost 1 billion pound ($1.28 billion) windfall for the British government, it is still expected to suffer heavy losses overall on...

Oil prices hit 2019 highs amid Opec-led supply cuts

Brent rose as high as US$65.10, pushing past the US$65 mark for the first time this year, before edging back to US$64.97 a barrel by 0450 GMT. The global benc...

Amazon Drops New York Headquarters Plan Amid Protests

Greg Razer , the openly gay Kansas City Democrat who tried unsuccessfully to add LGBT protections to Missouri House rules last month, argued that "it's nearl...

'Dog Mode' feature to keep pets from getting hot in Tesla cars

The second new feature is called "Dog Mode", a setting that essentially leaves the air conditioning on even if the vehicle isn't running so any canine occupants...

EV startup Rivian gets $700M in funding, led by Amazon

The support of the world's leading online retailer signals potential for a partnership on delivery vehicles down the road. Scaringe, 36, said Rivian wasn't ...

Drunk woman's plane tantrum over toddler goes viral

According to records from the Broward Sheriff's Office , the woman exclaimed, "I'm not sitting [next] to a f***ing 3-year-old, I've been drinking all day", bef...

Payless ShoeSource set to close all U.S. stores

If the bankruptcy filing happens it will be the second time in two years. This is the second time in two years the company has filed for bankruptcy. "Payless ...

Here's why Elon Musk's AI group will not release its software details

The Guardian's Alex Hern played with the system, generating a fake article on Brexit and a new paragraph for George Orwell's "1984". Its capability - which s...

Amazon's Acquisition of Eero Solidifies Move to Smart Home Concept

And the system is easily controlled using an intuitive smartphone app. Eero is excited to join Amazon . However, both companies are yet to have a single prod...

Former KFC Employee Wins $1.5 Million Lawsuit for Breastfeeding Discrimination

The Delaware woman, Autumn Lampkins , claimed in the district court she was discriminated against because her co-workers and supervisors made it so hard for ...

Stocks Outlook: Berkshire Hathaway Inc. (BRK-B)

Many investors will keep a close eye on target prices, especially when analysts provide fresh updates. Everyday market fluctuations can sometimes cause investor...

Molson Coors Brewing Company (TAP) EPS Estimated At $0.80

Maxim Group thinks that LC is worth Buy rating. This was contained in the firm's report on November 7th, 2017 in which the stock's price target was also moved t...

Asian Stocks Drift on Trade Talks Wait-and-See: Markets Wrap

Initial jobless claims also came in higher than estimated. Signs Congress would avert another shutdown boosted sentiment midday and shares drifted until the lat...

Honda reveals the interior of their EV prototype

On the outside, the design similarities to the Urban EV Concept continue, as the prototype features round LED headlights, black grille, and rearview cameras i...

Thieves Make Off with 30,000 Litres of Iceberg Water

The theft is believed to have happened sometime between Friday, Feb. 8 and Monday, Feb. 11 when the warehouse was closed. But an employee at an iceberg water ...

Retail sales fell unexpectedly in December - the biggest drop in 9 years

Economists polled by Reuters had forecast retail sales gaining 0.2 percent in December. Retail sales fell a seasonally adjusted 1.2 percent from a month earli...

Bank of England's Carney sees "delicate equilibrium" as world economy slows

Brexiteer and Chairman of the European Research Group (ERG) Jacob Rees-Mogg criticised Mr Carney in November after the governor claimed that a clean, no ...

Bitcoin Will Recover Without 'Mainstream Breakout' in 2019, Says Fundstrat

He posted infographics that tracked market trends since 2017. According to Tom Lee , the company has identified 9 incremental improvements in the cryptocurre...

After cutting prices, Amazon's Whole Foods is raising them again

But now, the cheaper price is changing and the consumers may see the old Whole Foods prices back in a few weeks. "We also offer hundreds to thousands of sa...

Amazon cancels plans to build HQ2 in New York

Following a yearlong public search for a new second headquarters dubbed HQ2, Amazon in November announced plans to build two 25,000-employee campuses, one i...

Tesla's New Vehicle Modes Protect Pets, Cars

Here are Tesla's instructions on how to enable "dog mode", as per its release notes . Leaving your pet (or child) in a vehicle on a hot day while you're off ...

CT sees slight uptick in solar jobs

In its report , the Solar Foundation predicted that more new energy would come from solar installations (30 percent) than from natural gas (27 percent) in 2019...