Stories about Finance

Apr 15 2019

Cain's possible Fed nomination in peril as Republican opposition mounts

The White House had no comment Thursday about the growing opposition to Cain among Senate Republicans, or whether the administration plans to formally submit his nominat...

Apr 14 2019

Lyft's stock pain an ominous sign for Uber IPO

The ridesharing company will seek to sell roughly $10 billion in stock , according to a Reuters report, which also confirmed the expected timing of the IPO registrat...

Apr 12 2019

Alphabet launches its Wing drone delivery service in Australia

The Australian aviation authority ordered Wing to develop quieter drones for its deliveries. 'They used a drone to deliver ice cream to a 5-year-old boy in his backya...

Apr 10 2019

United Kingdom passes law forcing May to consult on EU

The two leaders sat down for a working lunch, during which May "outlined the steps the government is taking to bring the Brexit process to a successful conclusion", acc...

Apr 06 2019

Million Records Leaked: Facebook Has Lost Control

The firm expressed concern that Facebook users who set the same password on multiple sites and services could be at the greatest risk. The latest breach reminds of ...

Apr 05 2019

House Democrats to sue Trump over border wall emergency

The Border Patrol chief under President Obama told " Outnumbered Overtime " on Thursday that illegal immigrants are coming to the US for economic equality and family re...

Apr 02 2019

Data glitch delays flights at several U.S. carriers

Kate Modolo of Delta said that the outage prevented some of its Delta Connection flights from leaving on time. At Tampa International Airport, some Southwest flight...

Mar 30 2019

Lyft raises IPO share price range amid strong demand

Facebook shares are up more than 300 percent since their first day of trading, and after Etsy struggled for its first three years as a public company, its shares have mor...

Mar 15 2019

Facebook struggles to deal with epic outage

However, the social media platform did not elaborate on what kind of server configuration change they went through. "We've now resolved the issues and our systems are rec...

Mar 10 2019

Zuckerberg sees Facebook future in private, small-scale messaging

As Zuckerberg himself acknowledged, the idea the company will reorient itself around privacy will strike many users as improbable or paradoxical. The move also comes ...

Mar 08 2019

Tesla's new Supercharger V3 cuts charge times in half

V3 is a completely new architecture for Supercharging . Power is delivered to the auto via a new liquid-cooled cable design that Tesla claims is actually lighter and...

Mar 05 2019

Trump Blames Cohen Hearing for Failure of North Korea Summit

Otto Warmbier was held captive by North Korea and died upon his return home. "And Kim Jong Un is not going to read this-I don't care how the administration spins this...

Mar 02 2019

How India and Pakistan compare militarily

After a suspenseful wait lasting hours, Indian Air Force pilot Abhinandan Varthaman finally returned home from captivity in Pakistan on Friday, a major step towards d...

Mar 02 2019

Victoria's Secret To Close Another 53 Stores This Year

A disappointing holiday showing preceded the planned cutbacks, with sales at stores open at least a year falling 7 percent during the quarter, parent company L Brands sai...

Feb 25 2019

Dollar inches up after Fed minutes, trade issues back in view

The Australian dollar recovered after falling more than 1 percent on Thursday, when Reuters reported the Chinese port of Dalian had banned imports of Australian c...

Feb 23 2019

Tesla's Model 3 loses coveted Consumer Reports recommendation

The reliability issues came to light in Consumer Reports' annual reliability survey, which asks members to rate their vehicles based on 17 aspects, ranging from suspens...

Feb 22 2019

Duke Star Zion Williamson Suffers Sprained Knee In Loss To North Carolina

Williamson's left shoe fell apart as he planted hard near the free throw line. His foot slid on the floor and the shoe "exploded," according to some observers. The inju...

Feb 21 2019

May heads to Brussels for extraordinary Brexit meeting with Juncker

Theresa May insisted she had made progress on the Brexit backstop last night amid signs that her deal could be put back before MPs next week. "We can not accept a ti...

Feb 20 2019

United Kingdom 'doesn't need to ban' Huawei 5G kit

U.S. Vice-President Mike Pence , speaking last weekend in Germany, urged European allies to take seriously "the threat" he said was posed by Huawei as they look for pa...

Feb 18 2019

Debt-burdened, Payless closing all stores in U.S.

Payless ShoeSource has 7 stores in the Rockford area, and all of them will begin liquidation sales in the next few weeks. A spokeperson said its global franchises and La...