Stories about Finance

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...

Feb 10 2019

Amazon reconsidering NYC location, according to report | Digital

The world's largest online retailer plans to spend $5 billion on the developments in Long Island City in New York's Queens borough, and in Arlington, Virginia, near Was...

Feb 06 2019

Canada announces $53M in aid to people of Venezuela

In contrast, Russia, Belarus, Bolivia, Iran, Cuba, Nicaragua, El Salvador and Turkey voiced support for Maduro , while China called for resolving all differences peacefu...

Feb 06 2019

Merkel backs high-tech backstop proposal to rescue Brexit

But many pro-Brexit British lawmakers fear the backstop will trap Britain in regulatory lockstep with the European Union , and say they won't vote for the European Union...

Feb 01 2019

Alibaba Reveals December Quarter Sales Results

According to the New York Times , "Its revenue was slightly below analysts' expectations, growing 41 percent, its slowest pace since early 2016, reflecting both the sh...

Jan 31 2019

Venezuela’s Nicolas Maduro accuses Donald Trump of ordering his murder

The United States , several Latin American countries and Canada have recognized Guaido as interim president. But given the failure of previous rounds of dialogue bet...

Jan 29 2019

Amid mass arrests, Maduro won't touch rival Guaido

Mr Maduro told CNN Turk that American "power in the world is in decline and it's ending". So far, the USA has stuck with economic and diplomatic pressure in dealing w...

Jan 28 2019

Venezuela tensions cause concerns about oil market

On Wednesday, U.S. President Donald Trump said the U.S. officially recognizes opposition leader Juan Guaido as the interim president of Venezuela after Guaido procl...

Jan 26 2019

Nicolas Maduro ally threatens U.S. embassy with power cut

Bolivia, Cuba, Turkey and Russian Federation, among others, have not followed suit and continue to back Maduro as the rightful president, accusing the USA and others ...

Jan 18 2019

United States of America report finds as Beijing expands military

Taiwan held live-fire exercises along its east coast Thursday amid renewed threats from China to bring the island under its control by force if deemed necessary. intere...

Jan 17 2019

What PG&E’s Ch. 11 Filing Could Mean Moving Forward

The company is having discussions with its investors and lenders for a fund of $5 billion which will save it from going into bankruptcy. Shares of PG&E Corp. The anno...

Jan 12 2019

Senate OKs bill to pay federal employees

President Trump has threatened to declare a national emergency if he is unable to make a deal with Democratic lawmakers to fund his border wall , though on Friday he sai...

Jan 08 2019

U.S. destroyer sails in disputed South China Sea amid trade talks

Monday's events also came as China and the USA began talks in an attempt to settle a trade war that has cost both countries billions of dollars. Trump imposed tariff ...

Dec 30 2018

Sears at Towne East one of 80 stores closing nationwide

A Sears store in Sioux City, Iowa, is also among those being closed. Lampert persuaded three lenders to finance the $4.4 billion offer, according to a statement from ES...

Dec 29 2018

Sears to close 80 more stores as bankruptcy deadline nears

If Lampert secures a bid by tomorrow, the deal would save all of Sears' assets, including 500 stores and allow 50,000 of the company's employees to keep their job. Sears ...

Dec 26 2018

Stocks opening higher on Wall Street Wednesday

In his Christmas Day speech Trump reiterated his view that the Federal Reserve is raising interest rates too fast, but called the independent agency's rate hikes a ...

Dec 21 2018

President Putin says West trying to 'hold back' powerful Russian Federation

When asked about Trump's plans for the immediate withdrawal of USA troops from Syria , Putin was nothing but supportive and agreed with the US president's assessment t...