Business

  • Apple bends to the will of China after Putin bans Apps
    Apple_bends_to_the_will_of_china_after_putin_banning_apps 2017-08-02 19:47:45 UTC
    Apple Conforms To Chinese Law Pulls Apps From China App Store As Russia Signs Law Banning Their Use. Russia has signed a law banning the use of virtual private networks (VPNs) that enable users to gain access to websites banned in Russia. ...
  • Facebook's Sheryl Sandberg: We need to start paying women well
    Facebook's_sheryl_sandberg-_we_need_to_start_paying_women_well 2017-07-31 04:47:45 UTC
    LONDON (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg called on governments and companies to do more to close the gender pay gap on Sunday and said both girls and boys should be encouraged to become leaders from an early age. ...
  • Tesla delivers the first 30 of its Model 3 cars in California
    Tesla_delivers_the_fierst_30_of_its_model_3_cars_in_california 2017-07-30 16:01:45 UTC
    FREMONT, Calif. (Reuters) - Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 had over half a million advance reservations as he handed over the first 30 to employee buyers, setting the stage for the biggest test yet of the compan...
  • US automakers expect a rougher ride for the rest of the year
    Ford_plans_to_shrink_its_salaried_workers_in_us_by_3000 2017-07-26 19:53:53 UTC
    DETROIT (Reuters) - Ford Motor Co on Wednesday joined rival General Motors Co in reporting higher-than-expected second-quarter profits, and in the next breath warning of a rougher ride for the rest of the year. Ford said full-year pre-tax profi...
  • Toyota long-range electric car needs just minutes for charging
    Toyota_long-range_electric_car_needs_just_minutes_for_charging 2017-07-25 04:21:56 UTC
    TOKYO (Reuters) - Toyota Motor Corp is working on an electric car powered by a new type of battery that significantly increases driving range and reduces charging time, aiming to begin sales in 2022, the Chunichi Shimbun daily reported on Tuesday....
  • Hottest Tech startups don't need venture capital money
    Hottest_tech_startups_don't_need_venture_capital_money 2017-07-24 07:00:59 UTC
    NEW YORK (Reuters) - U.S. venture capital firms lining up for a slice of the burgeoning digital currency market are grappling with a novel challenge - some of the hottest tech startups that sell the coins just don't need their money. Only a few...
  • ExxonMobil Fined $2M for Russia Sanctions Breach Under CEO Tillerson
    Rex_tillerson_skipping_first_nato_meeting__visiting_moscow 2017-07-22 08:02:32 UTC
    <blockquote>Washington - The U.S. Treasury Department has fined ExxonMobil $2 million for violating U.S. sanctions against Russia three years ago, when Secretary of State Rex Tillerson served as the oil company’s CEO. The Treasury said ExxonMo...
  • Brexit EU hub: Morgan Stanley & Citigroup choosing Frankfurt
    Brexit_job_moves-_morgan_stanley_and_citigroup_choose_frankfurt 2017-07-19 16:48:26 UTC
    FRANKFURT/LONDON (Reuters) - Morgan Stanley has chosen Frankfurt to be the new base for its European Union operations as Britain prepares to leave the bloc, according to a source familiar with the matter, becoming the latest U.S. bank to pick the ...
  • Google Earth users will be able to post stories, video and photos
    Google_earth_users_will_be_able_to_post_stories__video_and_photos 2017-07-14 22:16:57 UTC
    RIO DE JANEIRO (Reuters) - Google wants users to post millions of stories, video and photos on its 'Google Earth' platform in the next few years, the program chief said on Tuesday at a launch event in Brazil for content focused on showcasing the A...
  • US auto industry has been bracing for a downturn
    Us_auto_industry_has_been_bracing_for_a_downturn 2017-07-03 16:51:23 UTC
    The U.S. auto industry has been bracing for a downturn after hitting a record 17.55 million new vehicles sold in 2016. A glut of nearly new used vehicles poses competition for new vehicle sales and automakers have relied increasingly on high consu...
  • Tesla Model 3 passed all regulatory requirements for production
    Tesla_inc's_high-volume_model_3_sedan_passed_all_regulatory_requirements_for_production 2017-07-03 06:23:42 UTC
    Tesla Inc's high-volume Model 3 sedan passed all regulatory requirements for production two weeks ahead of schedule, Chief Executive Elon Musk tweeted on Sunday night. Musk said in May that Tesla was on track to begin production of the $35,000 ...
  • US Tech tried to soften on dealing with the Russian spy agency
    Us_tech_tried_to_soften_on_dealing_with_the_russian_spy_agency 2017-06-30 19:19:32 UTC
    WASHINGTON/MOSCOW — As U.S. officials investigated in January the FSB's alleged role in election cyber attacks, U.S. technology firms were quietly lobbying the government to soften a ban on dealing with the Russian spy agency, people with direct k...
  • VW to spend $800 million in California and a total of $2 billion nationwide on clean car infrastructure
    Vw_to_spend__800_million_in_california_and_a_total_of__2_billion_nationwide_on_clean_car_infrastructure 2017-06-29 23:39:43 UTC
    San Francisco — Volkswagen AG on Thursday told California it was expanding efforts to build electric car infrastructure in poorer communities, responding to regulators who described "shortcomings" in VW's plan. The California Air Resources Boar...
  • Canada's Court Forces Google to Remove Results Worldwide
    Canada's_court_forces_google_to_remove_results_worldwide 2017-06-28 16:15:32 UTC
    Canadian courts can force internet search leader Google to remove results worldwide, the country's top court ruled on Wednesday, drawing criticism from civil liberties groups arguing such a move sets a precedent for censorship on the internet. ...
  • California: Monsanto Weed-Killer Roundup Causes Cancer
    California-_monsanto_weed-killer_roundup_causes_cancer 2017-06-27 18:10:30 UTC
    Glyphosate, an herbicide and the active ingredient in Monsanto Co's popular Roundup weed killer, will be added to California's list of chemicals known to cause cancer effective July 7, the state's Office of Environmental Health Hazard Assessment (...
  • EU antitrust regulators hit Alphabet unit Google with a record $2.7 billion fine
    Eu_antitrust_regulators_hit_alphabet_unit_google_with_a_record__2.7_billion_fine 2017-06-27 16:50:51 UTC
    BRUSSELS — EU antitrust regulators hit Alphabet unit Google with a record 2.42-billion-euro ($2.7 billion) fine on Tuesday, taking a tough line in the first of three investigations into the company's dominance in searches and smartphones. It is...
  • George Clooney's Tequila Company Sold for Up to $1 Billion
    George_clooney_says_bernie_sanders_is_'absolutely_right' 2017-06-22 00:12:49 UTC
    LONDON — Diageo Plc has agreed to buy George Clooney's high-end tequila brand Casamigos in a deal valuing it at up to $1 billion, as the world's largest spirits maker seeks to boost its presence in a high-growth market. Diageo said on Wednesday...
  • Ford announces a new manufacturing investment in China
    Ford_announces_a_new_manufacturing_investment_in_china 2017-06-20 17:58:55 UTC
    DETROIT/WASHINGTON — Ford will export the next-generation Focus compact car from China to North America in 2019, rather than from Mexico as earlier planned, saving the company $500 million, a top executive said on Tuesday. It is the first major...
  • Trump owes at least $315.6 million to German and other lenders
    Trump_owes_at_least__315.6_million_to_german_and_other_lenders 2017-06-17 07:34:21 UTC
    WASHINGTON — President Donald Trump had personal liabilities of at least $315.6 million to German, U.S. and other lenders as of mid-2017, according to a federal financial disclosure form released late on Friday by the U.S. Office of Government Eth...
  • Amazon to buy Whole Foods
    Amazon_to_buy_whole_foods_-_(mill_valley_whole_foods) 2017-06-16 17:34:24 UTC
    By Lauren Hirsch, Anya George Tharakan and Sruthi Ramakrishnan Amazon.com Inc said on Friday it would buy U.S. organic supermarket chain Whole Foods Market Inc for $13.7 billion, including debt, marking the internet retailer's largest deal and bi...
  • Sweden’s Museum of Failure displays flops
    Sweden%e2%80%99s_museum_of_failure_displays_flops 2017-06-08 04:04:15 UTC
    HELSINGBORG, SWEDEN – Green Heinz ketchup? Fat-free Pringles? Colgate frozen lasagna? You don’t need to be an expert to know these products weren’t successful. Which is why these creations, with dozens of others, feature in the new Museum of Fa...
  • Tech shares lead stocks to record highs and continue to rise
    Tech_shares_lead_stocks_to_record_highs_and_continue_to_rise 2017-06-04 05:28:11 UTC
    NEW YORK — Technology shares have led U.S. stocks to record highs and are expected to continue to rise, but as market value becomes concentrated in the largest companies, some are beginning to look for the next rally leader. The technology sect...
  • Canada suspends talks with Boeing over jet purchase
    Canada_suspends_talks_with_boeing_over_jet_purchase 2017-06-01 19:20:32 UTC
    The Canadian government has suspended talks with Boeing over the planned purchase of Super Hornet jets as a stopgap measure, an official said on Thursday. "We have a capability gap, we outlined a process, our partner in that process is not acti...
  • New visa rules: 15 years biographical & 5 years social media
    New_visa_rules-_15_years_biographical___5_years_social_media 2017-06-01 05:41:55 UTC
    WASHINGTON — The Trump administration has rolled out a new questionnaire for U.S. visa applicants worldwide that asks for social media handles for the last five years and biographical information going back 15 years. The new questions, part of ...
  • Global Warming: U.S. wants to plunder the planet
    Global_warming-_u.s._wants_to_plunder_the_planet 2017-05-31 18:28:52 UTC
    U.S. far-right nationalist President Donald Trump, who has previously called global warming a hoax, plans to make good on his campaign vow to withdraw the United States from a global pact to fight climate change, a move that promises to deepen a...