Economy

Twitter stock plunging on weak user numbers

Twitter stock plunging on weak user numbers

Twitter's user numbers overshadowed the company's impressive earnings . Twitter reports in USA dollars. Twitter said revenue from its data licensing business was $109 million, up 29 percent year o...

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Facebook Lost Over $100 Billion in Market Capitalization Today, A New Record

Facebook Lost Over $100 Billion in Market Capitalization Today, A New Record

The value was down by even more overnight after the company posted quarterly results late Wednesday showing its growth was grinding to a halt in Europe and North America, at a time when increased ...

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Tallahassee Cop Helps Homeless Man Shave for Job Application

Tallahassee Cop Helps Homeless Man Shave for Job Application

Carlson won rave reviews on social media. "It was missing a screw so I tightened up the other one to the point where it actually worked". The man, though, was having a hard time with the razor worki...

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Mark Zuckerberg just lost almost $16 billion in one day

Mark Zuckerberg just lost almost $16 billion in one day

That dropped him from fourth to sixth on the list of richest people in the world. Facebook stock saw a record drop on Thursday. Young investors are betting that Facebook's earnings disaster an...

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European Union and United States kiss and make up on trade

European Union and United States kiss and make up on trade

Trump wrote. Mexican Economy Minister Ildefonso Guajardo, rejecting Trump's suggestion of separate trade deals with Canada and Mexico, said , "The essence of this agreement is trilateral and it ...

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No Mega Millions victor on Friday

No Mega Millions victor on Friday

Friday night's drawing will take place at 10 p.m. local time. Tickets can be purchased at Georgia Lottery retailers statewide. If you match 4 white only, you'll win $500. It will also be the large...

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Prices Supported after Saudi Arabia Suspends Shipments through Red Sea Lane

Prices Supported after Saudi Arabia Suspends Shipments through Red Sea Lane

Oil prices rose for the third consecutive day on Thursday after Saudi Arabia suspended oil shipments through a strait in the Red Sea and as trade tensions between the United States and the Europea...

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RIP: Former Fiat Chrysler CEO Sergio Marchionne passes away

RIP: Former Fiat Chrysler CEO Sergio Marchionne passes away

In September 2014, Marchionne became chairman of Ferrari , replacing the outgoing Luca di Montezemolo , and in 2015 instigated a plan to spin off Ferrari from FCA as an independent company, offe...

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Facebook wants to open an ‘innovation hub’ in China

Facebook wants to open an ‘innovation hub’ in China

According to a report in Mashable, the subsidiary is entirely owned by Facebook, meaning it did not have to partner with popular Chinese social media sites Weibo or WeChat to get approval. A Chi...

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Canada and Mexico optimistic about NAFTA talks despite trade tensions at G20

Canada and Mexico optimistic about NAFTA talks despite trade tensions at G20

According to the Ministry of foreign Affairs of Canada, these rates are detrimental to workers in the industry to create clean energy on both sides of the border. Trump has also talked about pursuing ...

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Trump demands Turkey 'immediately' release United States pastor

Trump demands Turkey 'immediately' release United States pastor

Ministry of Foreign Affairs spokesperson Hami Aksoy added in a separate statement . The house arrest ruling was issued by a criminal court in the Izmir region where Brunson was being held. Penc...

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Mega Millions $522 Million Jackpot: One Ticket Takes Top Prize

Mega Millions $522 Million Jackpot: One Ticket Takes Top Prize

It pays to shop in the Hub, with two stores in Boston coming up big during Tuesday's Mega Millions drawing. The Mega Ball number was 20 and the Megaplier, 3. The one-time "cash option" would net the...

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‘IOC recalibrates strategies to face U.S. Iran sanctions’

‘IOC recalibrates strategies to face U.S. Iran sanctions’

This, after Rouhani said the USA is twisting the lion's tail by making efforts to bloc Iran's oil exports. U.S. President Donald Trump addressed on Monday Iranian President Hassan Rouhani on ...

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Larry Kudlow: Trump tariff talks with European Union boss 'might surprise you'

Larry Kudlow: Trump tariff talks with European Union boss 'might surprise you'

US President Donald Trump accused China of "being vicious" by targeting American farmers on Wednesday morning amid escalating trade tensions, but insisted that negotiations with Beijing were "goin...

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China’s Xi promises $14.7 billion of investment during South Africa visit

China’s Xi promises $14.7 billion of investment during South Africa visit

Leaders of the BRICS emerging economies - Brazil, Russia, India, China and South Africa - gathered in Johannesburg on Wednesday for a three-day meeting focused on the threat of a US-led global trade w...

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European Commission fines Asus, Philips and more for antitrust violations

European Commission fines Asus, Philips and more for antitrust violations

That's the conclusion of European Union antitrust regulators who have slapped technology company Philips with a €29.8m (£25.5m) fine for restricting sales of its products online and raising pric...

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Facebook (FB) Stock Sinks as Revenue Misses Expectations

Facebook (FB) Stock Sinks as Revenue Misses Expectations

Now Facebook's market value sits at $483 billion, with shares falling about 24% in after hours trading. For advertisers, though, Facebook and Instagram are performing as well as ever. Commercial...

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Former FCA CEO Sergio Marchionne dead at 66

Former chief executive officer of Fiat Chrysler Automobiles (FCA), Sergio Marchionne , has died. "I don't care what a tough guy he was to work for, he saved our company", said Cass Burch, a Chrys...

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President Trump Slams China for Targeting US Agriculture Industry

President Trump Slams China for Targeting US Agriculture Industry

And when it comes to security, he says the Europeans are refusing to pay their share in North Atlantic Treaty Organisation and instead live off the massive USA defense budget. In addition to the direc...

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Trump Administration to Give $12 Billion to Farmers Caught in Trade War

Trump Administration to Give $12 Billion to Farmers Caught in Trade War

Trump's tweets came after his administration announced on Tuesday that it would roll out a three-part, US$12 billion plan to subsidise American farmers caught in the trade war - a move China an...

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Trump offers help to farmers hit by escalating China trade war

Some of the companies invited to set up their products inside the White House say they were both surprised and honored to have been asked to participate. After Trump announced plans to impose $50 bill...

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Ag Dept to send $12B to farmers hurt by tariffs

Ag Dept to send $12B to farmers hurt by tariffs

Trump's political base. He notes that countries "that have treated us unfairly on trade for years" are coming to Washington to negotiate. The official announcement will come Tuesday afternoon fro...

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Trump praises rapport with Kim, hails dismantling of N.Korea site

Trump praises rapport with Kim, hails dismantling of N.Korea site

North Korea has carried out a total of six nuclear tests, the most recent of which took place in September previous year. Just last week, President Trump said he was "very happy" with how talks we...

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Donald Trump: 'Tariffs are the greatest!'

The plan aims to provide temporary relief to farmers who have faced retaliation from US trade partners during Trump's escalating trade dispute with China. Axios notes the bailout is being advertised...

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Google shrugs off $5.1 billion fine with another big quarter

Google shrugs off $5.1 billion fine with another big quarter

Alphabet reported revenues of $26.24bn for the quarter, comfortably beating analysts' expectations, and made a profit of $2.8bn, down from a profit of $4.1bn for the same period past year after the ...

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China says threats, intimidation on trade will never work

China says threats, intimidation on trade will never work

European auto shares, sensitive to trade tensions as USA officials work towards slapping tariffs on vehicle imports, fell 2.1 percent. Mr. Mnuchin was speaking ahead of a meeting among G-20 finance ...

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Salmonella worries prompt Goldfish Crackers recall

Salmonella worries prompt Goldfish Crackers recall

Mondelez Global is also voluntarily recalling some of its products over potential risk of salmonella . Different packaging options are included in this recall. Consumers who have purchased these prod...

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Alphabet shrugs off European Union fine to bring in $3.2 billion Q2 profits

Alphabet shrugs off European Union fine to bring in $3.2 billion Q2 profits

The EU Competition Commission found that Google violated antitrust regulations by requiring that phone manufacturers install certain Google apps on Android phones (like Search and Chrome), pay the...

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Donald Trump Slammed As ‘Insane’ & ‘Unhinged’ After Threatening Tweet To Iran

Donald Trump Slammed As ‘Insane’ & ‘Unhinged’ After Threatening Tweet To Iran

Trump's comments were apparently a response to earlier remarks by Iran's President Hassan Rouhani, who warned the United States that war with Tehran would be the " mother of all wars ". Trump's...

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A Tesla Cash-Back Deal Isn't for Buyers

A Tesla Cash-Back Deal Isn't for Buyers

The Wall Street Journal reported that Tesla was asking its suppliers for cash back on old orders. The electric carmaker has been burning through cash as it speeds up production of its Model 3 sedan. ...

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