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Australia: Number of unemployed people exceeds 1 million for first time

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Beyond Meat Shares Rise On News Impossible Foods No Longer Pursing McDonald's

Beyond Meat shares, which closed up 12.5% on Tuesday after the news, were down 1.4 percent on Wednesday. They had been previously using Impossible Foods ho...

Ripple and Thailand’s SCB to launch mobile payment app

Thailand's Siam Commercial Bank (SCB) recently partnered with RippleNet to create "SCB Easy", a mobile application that facilitates instant, low-priced cross-...

97% Fear Economic Slowdown — Deloitte CFO Survey

Expectations for a USA downturn have risen since earlier this year, with 97% of CFOs saying that a downturn (a slowdown or a recession) has already begun or wil...

Tesla Becomes Most Valuable U.S. Car Maker with $81 Billion Valuation

He did not give a timeframe. Globally the electric SUV is expected to go into production first in Fremont, the United States, later this year. The development...

Swiss back channel helped defuse US-Iran tensions after Soleimani strike

Trump had previewed the new sanctions on Wednesday - an economic step that came amid a broader military de-escalation following the January 3 targeted killing...

Renault Clio and Captur hybrids will arrive in United Kingdom in June

Renault claims this system not only allows Carbon dioxide emissions of less than 100 g/km on the new and more stringent WLTP economy test, but also "unparallele...

Bank of England splits deepen as Tenreyro mulls "near term" rate cut

Discussions of monetary policy easing among policymakers in the United Kingdom is not all that surprising considering two members voted for a rate cut at both t...

BMW X2 plug-in hybrid revealed

It has a boot capacity of 450 litres while the rear seats can be dropped to increase luggage space to 1470 litres. The combined power consumption is between 14....

Tesla now the most valuable US car company of all time

Hedge funds and other institutional investors own 76.89% of the company's stock. Hammer Asset Management LLC grew its holdings in shares of General Motors by ...

Japanese Billionaire Gives Away $9 Million To Twitter Users As Experimentation

Winners will end up with a million yen each (roughly $9,100). In the video explaining the contest, Maezawa urged contestants to use the money "as they like"...

US Jobless Claims Dropped Last Week

As an important leading indicator of unemployment status in the United States, a lower reading in jobless claims indicates lower overall layoffs. The claims dat...

BBBY Stock Slumps 18% on Surprise Q3 Loss, Withdraws 2019 Outlook

Bed Bath & Beyond withdraw its fiscal 2019 full-year guidance upon the release of its Q3 earnings report . Bed Bath & Beyond (NASDAQ: BBBY)'s stock had it...

Industrial production grows 1.8% in November

The mining sector grew by 1.7%, manufacturing by 2.7%, while electricity declined by 5% in November 2019, compared to November 2018, the data showed. The ind...

With Geely, Daimler sends Smart electric-car brand to China

Interestingly, Mercedes-Benz India achieved its highest ever Q4 sales in 2019 selling 3871 units, a 3.3 percent growth over the corresponding period past year a...

Kohl’s, Penney report holiday sales declines

Despite the steep drop, the company reaffirmed its outlook for the year. It was announced that the traditional brick-and-mortar retailers struggle to compete ...

Iowa poll: Klobuchar stuck behind top Democratic contenders

Warren at 15%, according to the Monmouth University poll, which described the contest as "effectively a four-way race right now". ( CNN )CNN and The Des Moin...

Casper Sleep files for IPO

In fact, it revolutionized the way mattresses were delivered by coming up with a mattress flexible enough to be folded into a box small enough to fit into a tru...

Musk: Radical Tesla EV Designed In China For Global Market Happening Soon

Tesla's China website estimates the starting price for Model Y vehicles at 444000 yuan ($63911.56). Construction of Tesla's first plant outside the United ...

Canada gains 35,200 jobs in December

Quebec added 21,100 jobs in the month, helped by gains in the accommodation and food services sector as well as manufacturing. "It should put some of the im...

GM reportedly plans to bring back the Hummer as an electric pickup

GMC is a division of GM that sells SUVs, trucks and vans. GM's choice to shutter the brand in the wake of bankruptcy and restructuring back in 2010 was met w...

MI among handful of states to have new Starbucks oatmilk option

Their Coconutmilk Latte also takes shots of Blonde Espresso and combines it with steamed coconutmilk and a cascara sugar topping, adding "subtle notes of dark...

ADP Employment Report Stateside Beats Expectations

According to a private analysis by ADP and Moody's Analytics, the U.S. economy created 202,000 new jobs in December. "Unemployment is low but will increase ...

Honda CIvic Type R 2020: Specs, Prices, Features

The rest of the car's body carries over unchanged although there's a new color choice: Boost Blue. Created to bring a "New Sports eXperience" to the supercar ...

Fed's Kashkari says rates will be on pause for 'foreseeable' future

Although the unemployment rate is at a 50-year low, wages are rising broadly in line with productivity growth and underlying inflation. He said he would suppo...

Private Sector Employment Rose by 202K in December

And an upward revision almost doubled November's estimate to 124,000 positions, pointing to persistent strength in hiring . Franchises added 59,700 jobs. Subst...

Japan failed to arrange fair trial for Carlos Ghosn: French lawyer

Japanese authorities have asked Interpol to issue a notice seeking Carole's arrest for alleged perjury, according to sources. Tokyo prosecutors this week ob...

Willie Walsh to step down as CEO of IAG

Vázquez added: "Luis started his career in the airline industry in 1997 with Air Nostrum and, since 2014, he has been chief executive of Iberia where he has led...

Taco Bell giving workers raises, new benefits

Taco Bell isn't the first fast-food restaurant to offer managers six-figure salaries. According to Nation's Restaurant News , depending on where the raises oc...

United States futures point to higher open as investors await key jobs data

MSCI's gauge of equity indexes in 49 countries hit an all-time high, as did the pan-regional STOXX 600 index in Europe and the three major stock indexes on Wa...

House passes war powers resolution condemning military action against Iran

In doing so, he has undermined our national security in two critical ways. "I appreciate the president's efforts to de-escalate conflict in the face of Iranian ...