Finance

SoftBank-backed DoorDash confidentially files for IPO

MORE NEWS THIS CATEGORIES

United Kingdom minimum wage to increase by four times in April

An independent report published this year said there has been little or no evidence of job losses as a result of rising minimum wage levels. Referring to the...

Federal Reserve Study: Trump Tariffs Led to Job Losses, Higher Prices

Aaron Flaaen and Justin Pierce's report from the Fed's Research and Statistics and Monetary Affairs Division found that the rates set in 2018 were accompanied b...

Microsoft targets North Korean hackers for stealing 'sensitive' information

The tech giant Microsoft has announced that it was able to identify nearly 50 domains which were previously used by North Korea backed hacking group ( APT37 )...

Yet more reasons not to call 911

Emergency operators receive plenty of 911 calls each year, but there's always a few that are just too insane to believe. To complain hotel parking spot was to...

Huawei 2019 sales to rise 18% despite USA pressure

In October, U.S. Commerce Secretary Wilbur Ross said in a conference in New Delhi that he hopes that India, the world's second largest telecom market, "does not...

Turkish Airlines, Boeing in 737 MAX compensation deal

Boeing has been in crisis mode since March, when the MAX was grounded following the second of the two crashes that together killed 346 people. It was supposed ...

Huawei stresses 'survival' as USA sanctions bite

Huawei should brace for a similar hit in 2020 if the White House maintains curbs on the sale of software and circuitry it needs, like essential Android phone a...

McDonald's reveals it's bringing back Spicy McNuggets this week

The Spicy Chicken McNuggets will be be available a la carte from S$5.00 (6pc), S$6.55 (9pc), and S$12.70 (20pc) respectively, available at all McDonald's ou...

Gateway Casinos Plans Listing in $1.1 Billion Deal With Leisure

The deal will cost $1.12 billion. GTWY shares are expected to be listed on the New York Stock Exchange, according to a statement. Gateway Casinos and Ente...

Eurowings scrubs over 170 flights due to three-day strike

German cabin-crew union UFO called for more strikes at Deutsche Lufthansa AG's low-priced Germanwings unit after the two sides failed to settle a long-runni...

Kansas McDonald's denies employees wrote expletive on cop's coffee cup

Authorities investigated after the officer said he received a cup of coffee over the weekend with an expletive written on it. "This is what he paid for", Horn...

Ex-Nissan CEO reportedly in Lebanon amid legal troubles in Japan

He is "tired of being an industrial political hostage", the source said. Anonymous sources with ties to Ghosn claim he arrived in Beirut on a private jet coming...

Huawei Gets Government's Approval to Participate in 5G Trials

The US government has been urging India not to allow Chinese tech giant Huawei to join 5G service in India citing serious threats posed by "malicious cyber acto...

China proactively dealt with USA trade frictions: Commerce Ministry

Trade Representative and the White House did not immediately respond to a request for comment on the report, which said the Chinese delegation was likely to sta...

China to switch benchmark for floating rate loans to lower funding costs

For almost two years, policymakers have been trying to cut funding costs for small and private firms that are vital for economic growth and jobs, but have neede...

Remote ID Technology for Drones proposed by the FAA

If a drone is created to operate no more than 400 feet from a controller or base station, then it would only be subject to the latter requirement. The move co...

Wawa hit with malware data breach on payment processings

Based on our investigation to date, this malware affected payment card information, including credit and debit card numbers, expiration dates, and cardholder na...

Amazon announces 'record-breaking' holiday with 'billions' of items sold

Full-time and part-time seasonal employees have been added to Amazon's "fulfillment network", the company's extensive warehouse and delivery system, which now h...

In 2020, China will have its own Global Positioning System alternative

China says the basic products of its domestically developed satellite navigation system have now been exported to more than 120 countries and regions. It is sa...

Rivian Tank Turn Is Real! Electric Truck Spins Like a Top

The startup Rivian is not just teasing its upcoming R1T electric pickup in this video; it's exceeding our expectations for fun value. Amy Mast, the Rivian...

Walmart's Buchanan Joins Michael Cos As CEO

Buchanan is the chief merchant officer of the US e-commerce operation at the retail giant and will replace Mark Cosby in April 2020, after joining Michaels' b...

Amazon's Deliveroo deal gets United Kingdom antitrust probe

On December 11, the regulator called on Amazon and Deliveroo to offer undertakings to address its concerns that any deal between the companies may weaken compet...

Claims: 2020 iPad Pro Models' Images Revealed

Instead, the iPads will allegedly feature a triple camera setup similar to the ones found on the iPhone 11 Pro , and is speculated to feature 3D-sensing camera...

24 states will raise the minimum wage in 2020

Washington state's minimum wage will increase to $13.50 an hour in the new year, the final of four set increases set by a ballot measure that passed in 2016. In...

Tesla days away from delivering first Chinese Model 3 cars

In addition to local competitors such as NIO and Xpeng Motors , major automakers such as BMW and Daimler are also aiming for a larger market share. Silicon V...

McDonalds employees save woman who mouthed "help me" at drive-thru

But by that point the boyfriend was nearby and demanded she use the drive-through. A spokesperson for the Sheriff's Office said: "While in the drive thru, s...

CMA to investigate Amazon buying a stake in Deliveroo

The agency's in-depth "phase two" review could take up to six months. Amazon has failed to address our initial concerns that their investment in Deliveroo cou...

Ring and Amazon Sued Over Hacking

The hacker continued to comment on the kids' game and even asked the children to move closer to the camera. According to the suit, Mr. Orange, who lives in ...

Workers in 24 states to get pay raise in 2020

In 2020, employees in about 24 states will receive a raise in the minimum wage . While states have been making their own changes in wages, the federal minim...

S&P 500, Dow edge up to records; Nasdaq win streak at risk

Stocks moved broadly higher Thursday, nudging the major indexes further into record territory. The Dow Jones Industrial Average was up 0.2 percent at 28,567...