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Board Members Resign From Texas Electric Grid Operator After Mass Power Outages

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BoE warns on heightened no-deal Brexit prospect

Most economists, including those at the Bank of England , think that leaving without a deal will cause huge damage to the British economy as trade with the Eu...

Three stripes are not an exclusive trademark of Adidas, court rules

This week an European Union court ruled the three stripes were an " ordinary figurative mark ", allowing Belgian company Shoe Branding Europe to continue manufa...

Adidas' three stripes not distinctive enough for a trademark, court rules

Adidas told NHK that it was disappointed with the ruling, but did not make clear whether it will appeal to the European Court of Justice. It's a rare loss for...

Workplace messaging company Slack's stock surges 60% after public debut

Unlike two of the year's biggest names, Uber and Lyft , which held initial public offerings, Slack will undertake a direct listing. Although existing share...

Louis Fed's Bullard states his case for a rate cut

Policymakers have to shift down their future interest rate expectations because of growing risks to the US economy , a Federal Reserve official said on Fri...

U.S. lawmakers are moving to stop Facebook from launching Libra

Chair of the House Financial Representatives Committee for Financial Services Maxine Waters said that Facebook should agree to postpone the project until the au...

Apple Inc. says tariffs will reduce economic contribution to US economy

Apple, which according to some reports is considering moving some production of iPhones and other goods from China to India or other countries, said the propo...

Commodities - Oil Prices Gain despite Mideast Tension

Acting U.S. Defense Secretary Patrick Shanahan reported that the U.S. deploying around 1,000 more troops to the Middle East for what he said were defensive pu...

Apple looks to move some production away from China

Malaysia has been named as among several countries being considered by iPhone maker Apple , which is looking to reduce its production capacity in China by betw...

'Bachelor' star Melissa Rycroft 'really sick' after trip to Dominican Republic

The next morning, he failed to meet up with friends. Jason Allen says Joseph Allen's son was pressured by a funeral home on the island to sign a form to emb...

Qantas is giving its frequent flyer programme an overhaul

However, speculation is already mounting that a major element of the change will be making it easier for the programme's 12 million members to use points for fl...

Walmart introduces unlimited grocery delivery plan

For example, Walmart has now launched Delivery Unlimited, a subscription service costing $98 a year or $13 a month. Shoppers can pick up orders for free at al...

Fed opens door to rate cut amid growing 'uncertainties'

That was not enough to change the median outlook for the Fed's targeted overnight lending rate, which officials projected to remain in a range of between 2.25 p...

Fed sees case building for interest rate cuts this year

It is a committee within the Federal Reserve System that is entrusted under United States law with overseeing the nation's open market operations as well as m...

In a throwback, Musk’s tweets target Tesla cofounder Martin Eberhard

But instead of doing either of those things, Musk has decided instead to transform into a perpetually whiny edgelord, one who spends his days causing fights on ...

Facebook to launch new cryptocurrency, called Libra

What is Libra and where will it be stored? That means you won't receive a physical note or coin when buying the currency. "Libra will introduce more users to...

Nikki Fried Trashes Republicans Ahead of Trump Rally

During his 75-minute speech, the president slammed "radical" Democrats, though he spent more time talking about Hillary Clinton than any of the party's 2020 c...

European Central Bank hints at more stimulus as global economy outlook dims

Commerzbank said today that it has now bought forward its expectations for an interest rate cut from the European Central Bank to July from the fourth quarter...

Skytrax names PAL as 'most improved airline' in 2019

The victor, Qatar Airways, broke a record, becoming the only airline in the ranking's history to be named the best in the world five separate years. Fiji Air...

Facebook's new cryptocurrency raises privacy concerns

Facebook and some two dozen partners released a prototype of Libra as an open source code to be used by developers interested in weaving it into apps, servic...

U.K.'s Hammond Hails Start of London-Shanghai Stock Connect

Under the stock connect mechanism, Shanghai-listed companies can list on the London Stock Exchange via Global Depositary Receipts (GDRs) issuance, while Briti...

Boeing 737 Max: BA-owner IAG signs deal to buy 200 planes

Boeing executives spent the first day of this year's gathering apologising for the two deadly crashes of its 737 MAX 8 aircraft which killed 346 people in fi...

Dominican officials allegedly pressured tourist's widow to cremate his body

Its proximity to the US mainland, crystal clear waters, and an absolute glut of all-inclusive resorts have made it the obvious choice for millions of USA trav...

Pillsbury flour made in Buffalo recalled due to possible E. coli contamination

First, the USA could change the way it produces flour by heating it up before it's packaged - but this would change the texture which customers seek out. Bags o...

Facebook to Unveil ‘Libra Association’ and Launch Testnet Next Week

The consumer trust in these brands might rub off on the social media giant , while it can also point to the fact its control and influence over the digital cur...

Tires Blow on a United Airlines Plane Landing at Newark Airport

A United Airlines plane skidded off the runway after landing at Newark Liberty International Airport in the US state of New Jersey on Saturday afternoon, th...

Huawei CEO says underestimated impact of US ban, sees revenue dip

Mr. Ren has essentially confirmed this report by noting that Huawei has already seen a 40 percent drop in non-China smartphone sales because of the us black...

Edibles Will Be Available in Canada in December 2019

Health Canada said in its draft regulations released in December that it expects cannabis products other than dried cannabis to account for just under half of ...

Amazon sued over Alexa child recordings in US

In a statement provided to Yahoo Finance, by email, an Amazon spokesperson said, "Amazon has a longstanding commitment to preserving the trust of our customers ...

Toyota adding automatic engine shutoff and automatic park to many 2020 models

Automatic Shut Off and Automatic Park should roll out shortly. Toyota has announced a set of new automated features that aim make its cars greener and saf...

Chewy IPO Raises More Than $1 Billion

From the offering, Chewy raised just over $1 billion in fresh funding. At $22 per share, PetSmart will receive nearly $900 million from the sale of its stock....

Uber and Volvo unveil new self-driving SUV

The new vehicle, the XC90 is a base vehicle that will allow Uber to install its own self-driving system. The Volvo XC90 prototype will be "capable of fully ...

Binance.com will not be available to users based in the US

But forget what's going to happen next - what prompted the move? In the other two releases made by Binance , the customers were warned that they will have to...

Oil Prices Recover Slightly After Plunging 4% on Crude Inventories Data

Brent hit a session low at $60.30 in early morning trading. According to the EIA, U.S. crude oil production averaged 12.3 million barrels per day (b/d) last w...

All Flights Stopped: Plane Skids Off Runway at Newark Airport

Newark airport later tweeted that flights had resumed but continued delays were expected. It said it was assessing the aircraft for damage. The airline said...