Money

Huge blast in Somali capital, clouds of smoke seen

Police added that 10 others were wounded. Police officer Mohamed Abdulkadir said the vehicle rammed through a checkpoint and was sacked on by security forces ...


Feds reviewing use of private immigration facilities

Homeland Security Secretary Jeh Johnson announced Monday that an internal advisory council will study whether U.S. Immigration and Customs Enforcement should ...


German Economy Minister Says EU-US Trade Talks Have Failed

President Barack Obama's free trade deal with Europe is going nowhere, a top German politician has said. The issue of trade with the USA featured prominently ...


Donald Trump Is Now A Friend Of The Immigrant, As Predicted

Donald Trump's campaign manager Kellyanne Conway claims the GOP nominee is actually winning the election thanks to "undercover Trump voters" who are too afrai...


Labour contender Owen Smith in pledge to fight Brexit negotiations trigger

But the reality is that it was only ever the members of the Parliamentary Labour Party (PLP), and not the majority of party members and supporters, who wanted C...


Man killed in new Kashmir protests against Indian rule

A youth on Wednesday died in fresh clashes between protestors and security forces in Pulwama district of south Kashmir on a day Union home minister Rajnath Sing...


Best Buy Co Inc (BBY) Destroys Estimates, Remains a Hot Trade

Joly added that Best Buy has been attracting new customers. The appliance segment, which includes fitness, witnessed 8% and 7% comparable sales growth in th...


Tesla Clears Antitrust Hurdle In $2.6 Billion Deal For SolarCity

Mr. Musk bought $65 million in bonds, while Messrs. There are no disclosures by SolarCity about the total money raised from the bond issue, and how the coll...


Obama names Maine's North Woods as newest national park site

President Obama designated an 87,500-acre national monument in ME on Wednesday, creating the largest national monument east of the Mississippi. The new monume...


In dry, windy West, crews target flames in several states

Retardant lines are made, and dozer lines are dug to help control the fire's path. All roads and major tourist areas in Yellowstone remained open as firefight...


Global stocks, oil turn lower ahead of Fed meeting

The Fed's annual central banking symposium kicks off later this week in Jackson Hole, Wyoming, with a speech from Fed Chair Janet Yellen on Friday. The dollar...


London commuter trains disrupted by strike

The union striking on Southern Rail has offered to suspend its action - if it gets what it wants. Shadow transport secretary Andy McDonald said: "It has becom...


Is Trump Dumping His Plan to Deport 11 Million Illegal Immigrants?

He reportedly acknowledged to the 23-person council that he understood how hard it would be to deport the estimated 11 million undocumented immigrants in the US...


Urjit Patel appointed new RBI Governor

The appointment comes after two months of public criticism by experts and industrialists disappointed with the Modi government not retaining Rajan. "It signal...


United States stocks surge to new records as oil shares rally

Traders are looking ahead to Friday, when the government delivers its latest monthly retail sales figures. The Dow Jones industrial average gained 80 points, ...


Brent holds firmly above $50 as oil returns to bull market

With Brent crude rising above $50 on Thursday for the first time in six weeks (for a close of $50.89) and WTI up 3.06 percent and settling at $48.22, oil is now...


Michigan Macy's stores face new closure threat

Macy's has already shrunk its Maryland footprint, closing stores in Hagerstown and Owings Mills as part of a 90-store downsizing over the past six years. Locat...


With Demand For Its Products Down, Cisco Will Cut Workforce

Chuck Robbins, a graduate of UNC-Chapel Hill, took over as CEO in July 2015, and he already has pushed through a reorganization of Cisco's upper management as...


The 'street fighter' who's now running Trump's campaign

Former Breitbart editor Ben Shapiro called Donald TrumpDonald TrumpTrump adviser on Trump losing: 'Says who?' The best choice to keep us safe from terrorism at ...


Turkey, Russia Mends Relationship

Not only does Turkey make "substantial contributions" to North Atlantic Treaty Organisation joint efforts, it said, "Turkey takes full part in the Alliance's co...


Tesla Misses Estimates (By A Mile) But Affirms Delivery Targets

Analysts polled by Thomson Reuters expected loss of $0.52 per share for the quarter. Overall revenue did rise 33 percent to $1.27 billion from past year...


Delta: Flight Schedules Should Return To Normal Today

Since the power outage news was made public, Delta Air Lines tried to manage its image to the customers by offering a $200 travel voucher to passengers suff...


Delay in rate hike by developed economies concerns Raghuram Rajan

The RBI has retained repo rate under the liquidity adjustment facility (LAF) at 6.5%, cash reserve ratio (CRR) of scheduled banks at 4%, reverse repo rate under...


P&G to Scale Back Targeted Facebook Ads

As part of the announcement, Facebook is updating its ad controls so you can opt out of seeing ads from particular businesses. In 2016, 69.8 million America...


Chinese ambassador warns relations with UK at crossroads

President Xi Jinping said that they were in a "golden era" of bilateral relations during his visit a year ago, which secured deals valued at 40 billion pounds. ...


GST will make consumer the 'king', says PM

Rajya Sabha can only suggest amendments to a money bill, but it is up to the Lok Sabha to accept them or reject them. The upper house passed what is called th...


Brazil disappoints again in men's soccer, draws Iraq 0-0

We feel like we left our fans frustrated'. The win came against a French team that struggled to hit the target and failed to beat USA keeper Hope Solo in her ...


Emirates plane may have attempted go-around before crash

Our flights to Dubai have been diverted to the following airports - Al Maktoum International Airport, Ras Al Khaimah International Airport and Sharjah Interna...


UK business secretary travels to India to save steel jobs

The sale of the speciality steel business is expected to be announced after a meeting of Tata's board in Mumbai later today. But Tata stressed that the talk...


There's an Even Faster, More Powerful Porsche Panamera on the Way

The platform, which Porsche took the lead on design, emphasizes the use of lightweight materials - chiefly aluminum. Outputs of 404kW and 763Nm from the Panam...