Business

Duke Energy shutting down Brunswick nuclear plant ahead of Florence

Duke's Brunswick Nuclear Plant and its Shearon Harris Nuclear Plant near Raleigh, both in North Carolina , are the closest to where the hurricane is foreca...


Australia offers reward amid mystery strawberry needle scare

Strawberries containing pins and needles have been found in six brands across five states. "If you still have Berry Licious , Berry Obsession and Donnybro...


Henri Bendel, 123-year-old luxury retailer, closes the doors

Bendel makes up a small portion of L Brands' sales. Henri Bendel , the iconic luxury brand that has its flagship store on New York's Fifth Avenue, is closing...


Volkswagen to end iconic modern Beetle in 2019

The Beetle was originally designed in the 1930s by legendary engineer Ferdinand Porsche - a name now synonymous with fast cars - at the behest of Adolf Hit...


Turkey CB Delivers Massive Rate Hike Despite Erdogan's Calls For Cut

The 2-year US2YT=RR Treasury note, heavily influenced by Fed policy expectations, fell 1/32 in price to yield 2.7606 percent, from 2.748 percent late on Wednesd...


Australians told to chop strawberries as police investigate needles found in fruit

Despite the nation-wide fear, strawberry farmers have asked consumers to still purchase strawberries but chop them up the first. The ABC said Saturday whole...


Border official: Canadians entering U.S. risk lifetime ban for marijuana use

It's a change that apparently is not sitting especially well well with our neighbours to the south. Canadians who work in the marijuana industry - and those w...


E-cig makers have 60 days to show they aren’t targeting minors

JUUL said Wednesday that it will work "proactively" with the and wants to be "part of the solution" in thwarting use among children, though it defended the me...


Amazon's CEO Starts $2 Billion Fund for Schools, Homeless

Jeff Bezos said the new Day One Fund was inspired by his "Day 1 mentality". The second will launch a network of "high-quality, full-scholarship" preschools i...


Turkish lira hits new high amid rate hike talk

The rate hike could squeeze growth further, but independent experts say it is needed to contain inflation of about 18% and support the currency. The hefty 6.2...


Loosen protections on dairy sector, New York Republican says — NAFTA talks

Prime Minister Justin Trudeau said just last week that the process was needed, because Trump "doesn't always follow the rules." The governing Liberal Party is...


Trump wants Obama to know he has a 'magic wand'

But his opponent at that time, former Massachusetts Gov. Mitt Romney, seized on the comment as evidence that Obama didn't appreciate small business. Trump sai...


Ford Rules Out Making Focus Active Wagon In The U.S.

Meanwhile, US President Donald Trump tweeted saying if Apple wanted to avoid higher tariffs , they should just manufacture the products in the US itself,...


Trump to Apple: make your products in the US!

Last year, Apple invested $1 billion in Corning, which manufactures the glass used in screens for the iPhone, and Trump said that CEO Tim Cook committed to ...


Alibaba's Jack Ma to step down as chairman in 2019

Zhang arrived at Alibaba in 2007 as the finance chief of the company's Taobao Marketplace, which he helped develop into one of the group's top businesses. Mr Zh...


Another day at Tesla: Execs depart, Musk invites controversy

All these antics have led many business observers to call for Tesla's board to get help for Musk and relieve him of some of his responsibilities. The Tesla...


Windsor unemployment rises in August

The August employment numbers followed an increase of 54,100 positions in July, according to CTV News . The province lost 1,700 full-time jobs but gained 7...


Six more women accuse CBS CEO Les Moonves of sexual misconduct

News of the deal emerged the same day the New Yorker published fresh claims from six women who allege Moonves exposed himself and used physical violence and i...


US economy brushes aside trade fears

US employers sped up their hiring in August, reversing several months of slowing gains. The U6 rate - considered the broadest measure of unemployment - ticked...


Plane quarantined at New York's JFK airport

Nineteen people have been taken ill after an Emirates airline plane landed in NY, officials say. It comes just days after an Emirates flight from Dubai...


Investor sues Tesla alleging scheme to ‘burn’ short sellers

Left, editor of the Citron Research investment newsletter, alleges that Musk tried to "burn" short-sellers who borrow Tesla stock with hopes that the price wi...


Bernie Sanders, Ro Khanna introduce Stop BEZOS Act

Sanders said his office had heard from " many hundreds" of current and former Amazon workers who have had to rely on the Supplemental Nutrition Assistance ...


Elon Musk's Joke Isn't Funny Any More

Toledano, who has been on leave of absence from the company, said she would not be returning to the company. Tesla Inc shares fell almost nine percent on ...


Goldman Sachs ditching plans for a bitcoin trading desk

The major cryptocurrencies slid quickly on Wednesday, with Bitcoin falling about 5% in about an hour, while Ethereum and Ripple were also hit. Cryptocurre...


Barack Obama gives speech today as he receives ethics award

Dick Durbin, D-Ill. Durbin once interned for Douglas, the IL senator from 1949 to 1967, and Durbin's mentor. His remarks are rumored to be a stern rebuke of Pre...


Goldman Sachs Drops Bitcoin Trading Desk Plan

Back in December 2017, Bloomberg reported that "people with knowledge of the strategy" the bank was looking to set up a trading desk . The legacy financial...


Japan to halt Iran oil imports under US pressure

Tehran is offering nearly free shipping and extended credit period, arranging for tankers and insurance after Indian firms including Shipping Corp of India (SCI...


Amazon becomes second trillion-dollar company in U.S.

While Apple's iPhone and other devices remain popular and its revenues are growing, it is not keeping up with Amazon's blistering sales growth. One trillion...


Petrol At A Record High, Oil Minister Blames Falling Rupee: 10 Points

In Kolkata, Chennai and Mumbai, the fuel was priced at Rs 82.06, Rs 82.24 and Rs 86.56 per litre, respectively, all a new record, against Rs 81.76, Rs 81.92, Rs...


Google, Mastercard have ‘secret partnership’ to track in-store transactions

The data is used for Google's Store Sales Measurement tool , which allows the search giant to find a connection between clicks on digital ads and purchases i...


New trade deal a win-win for Indonesia and Australia, says PM

Indonesia, southeast Asia's largest economy, is Australia's 13th-largest trading partner and government figures put annual two-way trade at A$16.4 billion (RM49...


Wall St mixed as US-Canada trade talks end

The S&P 500 ended flat while the Dow edged down and the Nasdaq closed higher in light trading yesterday as Canada and the United States concluded trade talks ...


After Bitcoin Futures, CBOE Announces Ether Futures By End of 2018

This news immediately sparked speculation about the effect this vehicle would have on the market, with many optimists noting that this futures contract should...


President Trump cancels pay raise due federal workers in January

The reaction: Trump's claims to fiscal responsibility raised more than a few eyebrows, and critics on the left said that this is just the kind of action th...


Argentina's interest rate hiked to 60 pct to counter currency woes

The Argentine peso fell 0.5 percent to a record 31.5 per US dollar on Wednesday after the announcement. But the official acknowledged that Argentina r...