Business

  • The Real Concerns About Markets As U.S. Inflation Looms
    The_real_concerns_about_markets_as_inflation_looms 2018-02-14 18:54:27 UTC
    New York — U.S. financial markets have been roiled recently by something neither the economy nor investors have had to contend with for the better part of a decade: concerns they may soon have to reckon with rising inflation. The S&P 500 .SPX.I...
  • Audi, VW and Porsche Develop Joint Electric Car Platform
    To_save_costs_audi__porsche__vw_develop_joint_electric_car_platform 2018-02-10 21:32:51 UTC
    FRANKFURT (Reuters) - Porsche and Audi, Volkswagen’s main luxury car divisions, plan to develop a joint platform for electric vehicles that will enable them significantly cut down on costs, German newspapers quoted their chief executives as saying...
  • Dow Jones falls again, sending investors into a panicked frenzy
    Panic-_u.s._stock_market_crash 2018-02-08 17:53:50 UTC
    (Reuters) - U.S. stocks turned lower in early trading on Thursday, with investors still on edge as volatility in financial markets persisted following the worst declines in more than two-and-a-half years earlier in the week. Wall Street ran out...
  • 5 Reasons the US Market Is Crashing
    5_reasons_the_us_market_is_crashing 2018-02-06 04:38:54 UTC
    Dow Jones industrials plummets with largest drop since 2011. The US Dow Jones stock index plunged 4.6 percent Monday, in its biggest one-day percentage loss since 2011. The selloff has wiped off all its gains since the start of 2018. Asia share...
  • Dow Jones Worst Day Since 2011
    Dow_jones_worst_day_since_2011 2018-02-06 03:58:21 UTC
    TOKYO (AP) — Shares tumbled in Asia on Tuesday after a wild day for U.S. markets that resulted in the biggest drop in the Dow Jones industrial average in six and a half years. Japan’s Nikkei 225 index dropped as much as 5.6 percent in early tra...
  • 21 states sue to restore Net neutrality as senate Democrats reach a tie votes
    21_states_sue_to_restore_net_neutrality_as_senate_democrats_reach_a_tie_votes 2018-01-17 00:20:19 UTC
    (Reuters) - A group of 21 U.S. state attorneys general filed suit to challenge the Federal Communications Commission’s decision to do away with net neutrality on Tuesday while Democrats said they needed just one more vote in the Senate to repeal t...
  • iPhone overuse could hurt children’s developing brains
    Iphone_overuse_could_hurt_children%e2%80%99s_developing_brains 2018-01-09 04:39:42 UTC
    NEW YORK (Reuters) - Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits. Hedge fund JANA Partners LLC and t...
  • Golden Globes Winners 2018: The Complete List
    Golden_globes_winners_2018-__the_complete_list_ 2018-01-08 09:26:45 UTC
    LOS ANGELES — Host Seth Meyers came out swinging at the Golden Globes Sunday night, directly addressing in his monologue the issues of sexual harassment and gender inequality that have roiled the industry for months. He lobbed hard-hitting joke...
  • Intel's processors: Security risk for computers and phones
    Intel's_processors-_security_risk_for_computers_and_phones 2018-01-04 08:54:39 UTC
    A major design flaw has been found in microprocessors produced by Intel and rivals AMD and ARM. Tech experts say it requires updates to operating systems, which are likely to slow down chip operations. Technology firms sought to play down the s...
  • Apple issues apology for purposely slowed down older iPhones
    Apple_issues_apology_for_purposely_slowed_down_older_iphones 2017-12-29 07:48:52 UTC
    The tech giant has offered a major price cut to replace out-of-warranty batteries that affect iPhone performance. Days before issuing an apology, it acknowledged it purposely slowed down older iPhones to prevent issues. In a posting on its webs...
  • China is winning the race for new energy vehicles
    China_is_winning_the_race_for_new_energy_vehicles 2017-12-27 09:26:31 UTC
    BEIJING/SHANGHAI (Reuters) - China will extend a tax rebate on purchases of so-called new-energy vehicles (NEV) until the end of 2020, a boost for hybrid and electric car makers amid a shift by policy-makers away from the traditional internal comb...
  • Down 35 percent: Bitcoin tumbled below $13,000
    Jpmorgan's_jamie_dimon_says_bitcoin_%e2%80%9cis_a_fraud%e2%80%9d_and_will_blow_up 2017-12-22 07:47:50 UTC
    TOKYO (Reuters) - Cryptocurrency bitcoin tumbled below $13,000 briefly on the Bitstamp exchange BTC=BTSP on Friday, down roughly 35 percent from its record top near $20,000 set at the start of the week. It was last down 7 percent at $14,499 BTC...
  • Donald Trump, Corrupt King of the Swamp
    Donald_trump__corrupt_king_of_the_swamp 2017-12-21 02:42:33 UTC
    The US tax bill is an unashamed enrichment scheme for the wealthy and slap in the face for the poor. Trump's giant giveaway to the richest Americans, like himself, finally makes clear to everyone where the president's real sympathies lie. After...
  • The end of US net neutrality is a license to print money
    The_end_of_us_net_neutrality_is_a_license_to_print_money 2017-12-18 06:59:52 UTC
    <blockquote><strong>So far, all data on the internet has had to be transported on an equal footing, above all at the same speed. In the US, that will change. Joerg Brunsmann asks why politicians are making it so cheap for providers.</strong> I ...
  • Here's a Look at the Final Republican Tax Bill
    Here's_a_look_at_the_final_republican_tax_bill 2017-12-17 06:15:52 UTC
    Republicans in the U.S. Congress released a final version of their tax bill on Friday, clearing the way for Senate and House of Representatives votes on the legislation next week. President Donald Trump wants to sign tax legislation before the ...
  • Walt Disney Buys Rupert Murdoch’s Twenty-First Century Fox
    Walt_disney_buys_rupert_murdoch%e2%80%99s_twenty-first_century_fox 2017-12-14 18:19:23 UTC
    (Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world’s largest entertainment company an arsenal of sho...
  • US government rescinds rules aimed at ensuring a free and open internet
    Us_government_rescinds_rules_aimed_at_ensuring_a_free_and_open_internet 2017-12-14 19:40:07 UTC
    WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital land...
  • Deutsche Bank: Trump’s banking data turned over to Mueller
    Deutsche_bank-_trump%e2%80%99s_banking_data_turned_over_to_mueller 2017-12-05 18:43:29 UTC
    FRANKFURT (Reuters) - Special Counsel Robert Mueller has asked Deutsche Bank to share data on accounts held by U.S. President Donald Trump and his family, a person close to the matter said on Tuesday. Germany’s largest bank received a subpoena ...
  • Bitcoin loses 20 percent of its value in less than 24 hours
    Bitcoin_loses_over_20_percent_of_its_value_in_less_than_24_hours 2017-11-30 20:57:52 UTC
    LONDON (Reuters) - Bitcoin slid to as low as $9,000 in volatile trade on Thursday, having lost more than a fifth of its value since hitting an all-time high of $11,395 on Wednesday. The cryptocurrency fell as much as 8 percent on Thursday on th...
  • The Next GOOGLE Could Come From Europe
    Next_google_could_come_from_europe 2017-11-30 06:38:48 UTC
    LONDON (Reuters) - Europe is making major strides to eliminate barriers that have held back the region from developing tech firms that can compete on the scale of global giants Alphabet Inc’s Google, Amazon.com Inc or Tencent Holdings Inc, a repor...
  • Bitcoin tops an all-time high above $10,000
    Jpmorgan's_jamie_dimon_says_bitcoin_%e2%80%9cis_a_fraud%e2%80%9d_and_will_blow_up 2017-11-29 06:11:39 UTC
    NEW YORK (Reuters) - Red-hot bitcoin soared through an all-time high above $10,000 on Wednesday, taking its gains to more than 900 percent so far this year, the most of any asset class. Despite widespread scepticism of many veteran bankers and ...
  • Uber paid hackers $100,000 to keep secret a massive breach
    Uber_paid_hackers__100_000_to_keep_secret_a_massive_data_breach 2017-11-22 06:25:44 UTC
    (Reuters) - Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the personal information of about 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the U.S...
  • AT&T CEO Says Never Offered to Sell CNN
    At_t_ceo_says_never_offered_to_sell_cnn 2017-11-09 05:04:37 UTC
    NEW YORK/WASHINGTON (Reuters) - U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s CNN cable network as a condition of approval of its deal to buy the media com...
  • The Paradise Papers: Queen's Private Estate in Hot Water
    The_paradise_papers-_queen's_private_estate_in_hot_water 2017-11-06 18:53:23 UTC
    Reporters have published a raft of secret documents that reveal the strange investments and tax avoidance indulged in by the powerful and wealthy. The revelations come from the same team that uncovered the Panama Papers. But it appears for now tha...
  • Agatha Christie, ‘Queen of Crime,’ is Returning to the Big Screen
    Agatha_christie__%e2%80%98queen_of_crime_%e2%80%99_is_returning_to_the_big_screen 2017-11-06 07:05:51 UTC
    LONDON (Reuters) - Agatha Christie, the author dubbed the ‘Queen of Crime,’ is returning to the big screen after a decades-long absence with an adaptation of “Murder on the Orient Express,” directed by Kenneth Brannagh. Starring Brannagh as ecc...