Finance

Verizon completes acquisition of Yahoo as Mayer quits

Verizon has now combined Yahoo with its AOL business to Oath, a new subsidiary led by AOL CEO, Tim Armstrong . Verizon said that given the "inherent chan...


Attorneys general hope to force Trump financial disclosures

US President Donald Trump faces a fresh legal battle as two attorneys general are reportedly suing him over claims he breached anti-corruption clauses of ...


Theresa May dares Queen Elizabeth, cancels next year's Queen's Speech

Having said last Friday said that Brexit needed to be handled in a "pragmatic" way, yesterday he said Britain would still be leaving the EU's Customs union, b...


London fire toll at least 30, but dozens missing

The fire, which started just before 1:00am on Wednesday, surprised many as they slept and the speed with which it spread shocked fire experts. Crowds of peopl...


VP Pence hires personal lawyer to respond to Russian Federation probe: aide

President Donald Trump acknowledged on Friday that he is personally under investigation as part of a widening probe into alleged Russian meddling in last year...


US President Donald Trump Proposes Privatized ATC Reform

The National Air Traffic Control Association, which wasn't at the White House event, has said the current system is unacceptable and previously supported a fe...


Gold Plunges To 7-Month Low On Robust US Supplies

This suggests global oversupply will persist for a while. The contract lost 27 cents to $44.46 on Thursday, the lowest since November 14. Oil prices edged low...


Anti-Shariah Rally Draws Counter-Protesters To South Bay Demonstrations

Of course, when the two side stand off like opposing armies, the hostile outcome is not all that surprising. Counter protesters say that messages like the one...


Marks & Spencer Group (LON:MKS) Broker Roundup

Standard Chartered PLC (LON:STAN) has 0.00% since June 7, 2016 and is. They now have a GBP 280.00p price target on the stock. (NASDAQ:SCVL). Walleye Trading Lim...


Surprising Hot ETF Following the Fed Rate Hike

The Fed has a 2.4trn portfolio of Treasury bonds and mortgage-backed securities, and a lot of them were in the wake of the financial calamities and slump. The...


Xbox One X will not generate profits for Microsoft

Even at E3 the games that most of us got excited for are all 3rd party, and you cant help but wonder if the Xbox One X will still be playing second fiddle to ...


Pence hires outside legal counsel

Pence has chosen Richmond, Virginia-based attorney Richard Cullen , who is a chairman at McGuire Woods and who previously served as a USA attorney. Mr Pence'...


Trump again acknowledges he's under investigation

Earlier this week, a close friend of the president's indicated Trump is considering firing Mueller. In another indication of the seriousness of the probe, Mic...


WRAPUP 1-Turkish president says Qatar isolation violates Islamic values

The UAE, Saudi Arabia, Bahrain and Egypt cut diplomatic and transport ties with Qatar on June 5, accusing it of supporting terrorism and interfering in its inte...


Grocery store stocks plummet on Amazon-Whole Foods deal

The company unveiled plans on Friday to buy upmarket USA grocer Whole Foods Market in a massive $13.7 billion (€12.24 billion) deal. And this headline from ...


Verizon Completes $4.5 Billion Yahoo Acquisition

The Yahoo transaction was announced in July 2016, but today, after Yahoo shareholder approval last week, Verizon finally made the acquisition official, at a...


Immelt shook up GE's business model, but not its stock price

GE said Immelt's departure follows succession planning that began in 2011. GE said the leadership change has been in the works for years, with the board decid...


Whitbread plc (WTB) PT Raised to GBX 3925

Morgan Stanley maintained Drax Group Plc (LON:DRX) rating on Tuesday, February 23. The firm earned "Buy" rating on Friday, June 24 by Deutsche Bank. Whitbread...


OPEC Crude Production Rises Led by Countries Exempt From Cuts

They dropped US$1.34, or 2.7%, in the previous session to settle at US$48.32 per barrel, the lowest close since May 12. After shedding almost 3% overnight, US...


Donald Trump is reportedly being sued for 'unprecedented constitutional violations'

Just days after Trump's inauguration in January, the government watchdog Citizens for Responsibility and Ethics in Washington filed a federal lawsuit in the...


Kevin Durant sends Rihanna love after winning NBA Finals

There aren't usually words for that kind of sacrifice, but Kevin Durant found just the right ones, when he gave his mom a tearful shoutout in his accepta...


Defer GST rollout as IT network not ready: Assocham to Arun Jaitley

Hailing the GST Council's decision to give initial two-months' relaxation in filing of returns, various stakeholders said the move will give ample time for th...


Defence Min. Jaitley condemns Achabal ambush, salutes bravehearts

Thousands of people also attended the funeral prayers of two other militants -- Adil at Frestbal, Pampore and Nasir at Heff village of Shopian respectively. Rea...


GST Council relaxes return filing rules for July-Aug

Replying on this issue, Finance Minister Arun Jaitley said "this is wrong" and real estate developers should pass on the benefits of input tax credit to buyer...


Brexit negotiations with European Commission to begin on June 19

Gove also said the government will have to make sure the measures it presents in its Queen's Speech legislative programme command broad support in order to be v...


US congressman Scalise still in critical condition: hospital

Scalise's doctors estimate the congressman will be recovering in the hospital for the next couple of weeks. Scalise "sustained a single rifle wound that enter...


The missing sailors from the United States destroyer found dead

Vice Adm. Joseph Aucoin addressed reporters at a Navy base in Yokosuka, south of Tokyo, but wouldn't say how many bodies were recovered, pending notification of...


GE's Jeff Immelt Is Out

With the company for 30 years, Flannery is now President and CEO of GE Healthcare. In his view, Flannery's prior experience leading GE's business development ...


May visits fire victims in hospital

Girls have photos of a missing child on their t-shirts near scene of the massive fire in Grenfell Tower , in rear, in London , Thursday, June 15, 2017. Sh...


McConnell, Schumer trade jabs over health care

Republican leadership have said they will vote on the bill once they are sure they have the 50 votes they need. "We'll let you see the bill when we finally ...


Puerto Rico gov upholds statehood in vote hit by boycott

Referendum had been boycotted by the opposition over ballot language disputes, among other issues. Becoming a state would give Puerto Rico more say in Co...


Al Jazeera restores Twitter account after suspension

Overall, 18 destinations in the region are now out of bounds for Qatar Airways, which has also been forced to close its offices in Saudi Arabia and the UAE . H...


Mortgage Rates Hovering At 7-Month Lows

The vote in favor of the hike was unanimous. Shares fell in Asia on Thursday after the U.S. Federal Reserve raised interest rates , as expect. Federal Rese...


Trump is now under investigation. Here's why he should blame himself

During Trump's morning Twitter statements, he seemingly confirmed that he is facing an investigation in connection to his decision to fire James Comey a...


Greece: Debt deal gives clarity to markets

European Union officials have said Greece shouldn't rely on participating in the ECB's quantitative easing program given that it was never a certainty and hav...