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Moody's downgrades ratings of 8 firms, 3 banks

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Porsche Taycan 4S revealed with cheaper starting price, two power levels

Both models will arrive to U.S. dealerships in spring of 2020. One of which is for the £4,613 Performance Battery Plus, which replaces the 4S's 79.2kWh batter...

Apple's Market Value Just Passed One Trillion

The company's shares, operating in the sector of consumer goods managed to top a trading volume set approximately around 28.25 million for the day, which was ev...

Strike pay increased for GM workers

If this strike lasts through the end of the year, the pay is slated to go up an extra $25 in January. The UAW also said it would allow members striking to tak...

Unemployment rate down after country adds 54000 jobs in September

Futures are pricing in a six per cent probability of a rate cut at the central bank's meeting October 30, compared with about 22 per cent at the start of the we...

Fed's Kaplan says USA debt issuance top cause of reserves crunch

Banks borrow regularly in markets for very short periods, usually overnight, to make sure their daily cash reserves do not fall below the required level. The Co...

SEC announces "emergency" halt of Telegram’s Gram cryptocurrency sale

The SEC revealed on October 11 that it had applied for and was granted an emergency action and restraining order suspending Telegram's management from selli...

Uber to Acquire Chile Grocery Startup Walmart Failed to Buy

The arrangement could play a significant role in Uber's strategy of layering more profitable services atop its ride-hailing service. Details of the agreement ...

WFP Says 100,000 in Syria Flee Turkish Offensive

USA military officials denied accusations by lawmakers and policy analysts that the Trump administration had abandoned its allies. USA troops have not withd...

Turkish media say forces capture town of Suluk in NE Syria

The road is about 30 kilometers (19 miles) south of the Turkish border. Turkey's military says it has taken control of a key Syrian border town as Ankara pr...

Dyson ditches electric vehicle plans

In an email to employees, originally obtained by the BBC but since shared in full online, Sir James Dyson said that Dyson engineers had developed a "fan...

Turkey's Syria offensive an 'invasion': Arab League secretary general

From the Syrian side of the border, the territory is controlled by Kurdish-led Syrian Democratic Forces (SDF), classified by Ankara as a terrorist organizatio...

Toyota RAV4 Plug-in Revealed Ahead of L.A

That figure works out at 48 kilometers if you were wondering, and chances are Toyota will offer the RAV4 Plug-In Hybrid in Europe as well. Instead of high...

Turkish-led forces push into Syrian town as cross-border offensive continues

Boris Johnson has told Recep Tayyip Erdoğan of his "grave concern" at Turkey's military incursion into northern Syria, Downing Street has said. "Mine and boob...

Keir Starmer: Labour will prevent no-deal Brexit, 'whatever it takes'

The prime minister put forward revised proposals for a deal last week, created to avoid a hard border on the island of Ireland after Brexit. Following the bri...

Oil prices dip despite latest U.S.-China trade talks

Oil prices rose on Wednesday following media reports that China was open to a partial trade deal with the United States, while inventories were found to be o...

Industrial output contracted 1.1% in August, shows government data

The cumulative growth in April-August over the corresponding period of the previous year was 2.4 per cent. Consumer durables output too declined by 9.1% in Au...

Thomas Cook takeover deal could lead to reopening of Galashiels travel shop

We are delighted that Hays Travel has been successful in acquiring all of the Thomas Cook shops in the United Kingdom meaning that we can now offer opportunitie...

Renault Removes CEO Bollore

Mr Bollore, who had always been Ghosn's right-hand man, was promoted to help steady Renault this year, with Jean-Dominique Senard hired from Michelin as chairma...

EU’s Donald Tusk sees 'promising' signals for a Brexit deal

The negotiators were dispatched for talks in Brussels on Friday. "A week ago I told Prime Minister Johnson that if there was no such proposal by today, I would ...

Tip Top Poultry Inc. Ready-To-Eat Chicken Products

Chicken products sold at several New Jersey supermarkets were recalled because they may be tainted with listeria. A full list of the recalled products , inc...

GM appeals directly to employees as strike losses mount

The company said the offer would increase compensation, preserve health care benefits and commit to new jobs in the U.S. "At every step of the way, GM has att...

The human cost of Turkey's military action in Syria

Turkey , which still formally aspires to join the European Union despite mounting EU criticism of Ankara's human rights record, was stung by EU criticism of i...

US Supreme Court Denies Amazon Bid to Block Worker Suit

This is a win for disability advocates, who argued in court that without accessibility options, the economy is missing a substantial portion of revenue when the...

Social security benefits are going up again next year

The 2020 COLA for the nation's almost 69 million Social Security recipients is a bit higher than the 10-year average of 1.4%, but it's lower than the increase...

Deutsche Bank doesn't have Donald Trump tax returns, court reveals

Court filings show that the House also subpoenaed financial documents related to Trump-owned entities, but those subpoenas don't include tax returns. Articles a...

Nirmala Sitharaman faces wrath of angry PMC depositors

The Finance Minister will request Das to consider expediting the withdrawal of funds by despositors. At present, PMC Bank is under directions of the RBI and d...

Trump to meet China envoy, lifting hopes for trade talks

Early on Thursday, Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin began a thirteenth round of economic negotiations with a delegat...

China lowers expectations for USA trade talks

But experts also agree that tensions are just too high right now for bigger issues to be addressed, including Trump's concerns that China steals USA technology....

Saudi Aramco hits out at lack of resolve over attacks

Saudi Aramco has approached wealthy Saudi families in recent weeks as part of wider efforts to build a large investor base to achieve the $2 trillion valuation ...

China badly wants trade deal

The Dow Jones Industrial Average was briefly up more than 250 points that morning on the prospect of the trade talks stretching over two days. Apple climbed m...

Apple pulls police-tracking app used in Hong Kong protests

Op-eds that appeared in Chinese papers questioned if Apple meant to be an accomplice to rioters or whether the company wanted to be dragged into the lingering u...

Vodafone Reiterates Support for Libra but Calls for Independent CEO

A Facebook spokesperson said: "Mark looks forward to testifying before [the committee] and responding to lawmakers' questions". There also is concern that the...

Poughkeepsie Brewery Wins Medal at National Beer Festival

Hofbräuhaus Cleveland earned a bronze for its Schwarzbier Dark Lager, Noble Beast Brewing secured a bronze for its Murder Ballads Baltic-style Porter, Akron...

China ministerial trade talks to start

Some observers expect the USA and China will reach a partial agreement on some issues. The partial agreement is also likely to include a delay in tariffs . "...

Brexit deal 'very difficult' - but door still open, European Union tells Britain

The Taoiseach's spokesman tonight said the Prime Minister's office has asked that details of the meeting - 21 days out from the Brexit deadline - should be ke...