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Government announces Details Of Bank Recap And Comprehensive Reform Plan

With 11 out of 21 PSU banks under PCA framework specified by the RBI due to their high NPA levels as well as consecutive years of losses, the recapitalisation...

Toys "R" Us is closing 4 LA County stores

Shutting stores is common for bankrupt retailers, but Toys R Us had said that its chapter 11 filing would not mark a big retrenchment. Currently, the chain is h...

Secy Mnuchin Backs Weaker Dollar, Touts Economic Growth in Davos

The dollar dropped by a cent against the euro, hitting a three-year low of $1.2406. While the Treasury Secretary's acknowledgement that a weak dollar helps Un...

Airline stocks punished after United unveils growth plan

It has outperformed by 60.49% the S&P500.The move comes after 7 months negative chart setup for the $20.39B company. Great West Life Assurance Can reported 93,2...

Starbucks employees to receive pay raise

These offerings will total more than $250 million for more than 150,000 partners and are accelerated by recent changes in the US tax law. Other benefits were ...

Vandal damages Field of Dreams site in eastern Iowa

Steffen said this was not the first time a person has driven onto the field. The field was the setting for the 1989 film of the same name starring Kevin Cost...

China Welcomes PM Modi's Comment on Protectionism at Davos

He declared that India will become a $5 trillion economy by 2025, as he invited some of the most powerful leaders and CEOs to invest in India. "We have always...

Bank of America eliminates free checking, angers customers

But the elimination of Bank of America's free checking program will have a direct effect on many low-income customers. Customers seeking cheap alternative...

European Commission hits Qualcomm with $1.2 billion antitrust fine

Qualcomm's shares were down 1.35 percent at $67.42 in midday trade, and analysts saw the fine as good for Broadcom's approach. In 2011, Qualcomm and Apple sig...

Burger King Takes Aim at FCC Net Neutrality Rollback

There's also a middle tier, a "Fast MBPS Whopper" priced at $12.99. The ad plays off a worst case scenario where ISPs could throttle speeds for content, somet...

SpaceX Test-Fires Falcon Heavy Rocket Ahead of Maiden Flight

SpaceX has won two national security space contracts or NSS missions that Taylor mentions in his statement. Impressively, SpaceX was able to complete its tes...

Trump tariff on solar imports gets mixed reaction in Georgia

This Monday, the president of the United States , Donald Trump , imposed strong tariffs to the import of washing machines and solar panels, measure considered...

Senate Confirms Powell as Next Fed Chairman

He is widely seen as a safe pair of hands and someone who backs low interest rates, though some fear he could face interference. Donald Trump's choice for the...

No lines, no checkout: Amazon revolutionizing grocery shopping

Once they leave the store, a receipt is sent digitally and their Amazon account is billed. SEATTLE-No cashiers, no lines, no registers-this is how Amazon ...

Bacardi Just Bought Patron Tequila For An Eye-Watering Sum

The deal will make Bacardi the number one spirits player in the super-premium segment in the United States market, and the second largest spirits company in m...

Drunk Driver Tells Police His Tesla Was On Autopilot

KTLA reports the California Highway Patrol found the man on the Bay Bridge with a blood alcohol level twice the legal limit to drive. Turns out Tesla's Aut...

Credit Suisse Keeps a Hold Rating on Johnson & Johnson

Premier Asset Management LLC now owns 2,749 shares of the company's stock worth $363,000 after purchasing an additional 12 shares in the last quarter. Studying ...

Kier Group's (KIE) Buy Rating Reiterated at Liberum Capital

About 204,574 shares traded. FactSet Research Systems Inc. Kier Group plc (LON:KIE) has 0.00% since January 22, 2017 and is. It has underperformed by 7.03% the ...

JGBs tick up after BOJ maintains policy, economic outlook

The upshot is that the economist expects BoJ to leave both its policy rate as well as its 10-year yield target unchanged at least until the dust has settled f...

Twitter COO Anthony Noto Steps Down

He's been named CEO of finance startup SoFi effective March 1 . Should Noto leave Twitter , it would end a long association he has had with the social media...

Inside the Texas home where Perris siblings lived years ago

Louise Turpin in a California court. The disclosure comes as Billy Lambert , 30, was the last family member to speak to Louise when he called her on Januar...

Zimbabwe reduces duty on fuel imports

The government ended all price controls on petrol and diesel in July 2017 and allowed oil marketing companies to fix fuel prices based on market prices of cru...

United Kingdom regulator says Fox's Sky takeover 'not in public interest'

The Fox-Sky deal would threaten to give Murdoch and his family too much influence over British media and should only proceed subject to concessions, the Compet...

South Korea Cryptocurrency Crackdown

In a potential move towards taxing cryptocurrency transactions, the news agency also said the government plans to require digital currency exchanges to share ...

United States orders extra air cargo screening for Middle East flights

The Transportation Security Administration (TSA), concerned that terrorists are still intent on slipping bombs aboard USA -bound aircraft, issued an emergency a...

Wynn Resorts, Limited (WYNN)

However, it will take some time for the region to return to its former glory concerns related to the sustainability of revenues from the VIP market linger. Laur...

Sensex Gains Over 100 Points; Nifty Trading Above 10900

Metal stocks led gains on the NSE index , with Hindalco Industries Ltd ( HALC.NS ) and Vedanta Ltd ( VDAN.NS ) climbing over 5 percent. The sensex register...

Is Malaysia Index MSCI Ishares (EWM) Headed For a Near-Term Reversal?

The Shareholder Yield is a way that investors can see how much money shareholders are receiving from a company through a combination of dividends, share repurch...

Don't worry about oil price movement yet, Russian Federation says

OPEC and 10 producers outside the cartel, including Russia-which produced around 10.9 million barrels a day in 2017-agreed late a year ago to extend an agreemen...

Traders Focused Stocks: United States Steel Corp. (X), Halliburton Company

The stock witnessed 16.56% gains, 21.11% gains and 16.81% gains for the 1-month, 3-month and 6-month period, respectively. About 382,567 shares traded. Indepe...

Turkish jets destroy 45 terror targets in Syria's Afrin

Those detained are accused of making propaganda for the Syrian Kurdish Peoples' Protection Units ( YPG ) militia deemed a terror group by Ankara and the targe...

O.P. Rawat appointed next Chief Election Commissioner

Slamming the plea filed by the AAP MLAs, the commission said that APP is trying to create hurdles in the matter had the MLAs had "no intentions of letting the c...

Amazon hikes monthly Prime fees almost 20%

Instead of a monthly fee, Amazon also offers an annual fee of $99 Cdn for Prime membership, and there are no plans to change that. Those who now subscribe to th...

Trump approves steep tariffs on solar panels, washing machines

Those commissioners recommended a 30-percent tariff on modules and a 30 percent tariff on imported solar cells in excess of 1GW, with declining rates after the ...

Montana Governor Issues Net Neutrality Order

Montana has become the first state to fight back against the repeal of net neutrality . In any event, some observers also say that the type of order sign...