Stories about Business

Dec 30 2016

Oil holds near annual peaks, awaiting OPEC cuts, supply data

Oil has traded near or above $50 a barrel since the Organisation of Petroleum Exporting Countries agreed last month to curb production for the first time in eight years. ...

Dec 30 2016

Amazon Patents Floating Blimp Warehouse For Drone Deliveries

Earlier this month, a fully autonomous Amazon drone delivered its first package in the United Kingdom - an Amazon Fire TV and a bag of popcorn - in just 13 minutes. "...

Dec 29 2016

Scarlett Johansson Is the Top-Grossing Movie Star for 2016

Comic book fans may have to wait until next year to get the first female superhero movie in over a decade, but 2016 has already shown that female superheroes are the real...

Dec 29 2016

Toshiba shares slump by 20% after nuclear writedown

Toshiba Corp stock in Tokyo Stock Exchange plunged 11.6% 391.60 yen. "Westinghouse has found that the cost to complete the USA projects will far surpass the original...

Dec 27 2016

The Vikings Document Being Stranded after Plane skids off Runway

The flight from Minneapolis to Appleton, Wisconsin is under an hour, but after a safe landing, the plane slid a few feet off of the taxiway, causing the delay. There we...

Dec 24 2016

What was there in '10 packets given by Sahara': Rahul to PM

On a brief tour of his Lok Sabha constituency, his first since announcing demonetisation on 8 November, Modi asserted that the note ban will expose not only the kala dha...

Dec 21 2016

Bosch expected to settle U.S. Volkswagen diesel claims for $300 million

VW agreed to pay another $1.2 billion in August to compensate its USA dealers. State officials said they were pleased with the new settlement. The previous $2.7 billi...

Dec 20 2016

Abu Dhabi becomes major BP investor in $2.2bn oil field deal

The company's overall crude production dropped 2.4 percent that year - something it blamed partly on losing the Abu Dhabi concession. The BP stake will be managed in th...

Dec 17 2016

Mamata Banerjee's advice to RBI Governor Urjit Patel: stand up against demonetisation

The meeting was chaired by the apex bank's governor Urjit Patel. Though Patel chose not to comment on the meeting, the chief minister told the media that she appealed t...

Dec 16 2016

Wall Street may pause for breath as traders digest Fed rate decision

The long-awaited follow-up to last December's quarter-point increase was near-universally expected by financial markets, reflecting the continuing strong growth in the US...

Dec 11 2016

More Hatchimals coming to Target

The hot toy of 2016 is the Hatchimal, and these plush toys that hatch out of eggs are almost impossible to find in stores before Christmas. Walmart's not the only cha...

Dec 07 2016

Never a checkout line at this grocery store

Groceries have been hard to sell online and account for only two percent of all grocery sales. Amazon has announced Amazon Go , an 1800-foot concept store that ...

Dec 06 2016

Kanye West has been hospitalized in Los Angeles

His wife, Kim Kardashian who was set to appear at the NY Angel Ball canceled the event at the last minute to be by her husband's side. News of West's hospitalization...

Dec 05 2016

United Kingdom growth seen to slow sharply in 2017

Hammond also said public finances are now expected to return to balance in the next parliament, net debt must start falling by the end of this parliament, and welfare spe...

Dec 05 2016

Broncos rule Trevor Siemian out against Jaguars

Cornered by a crowd of reporters at his locker, Lynch said he felt confident. Dickerson earlier said Fisher called him after he requested sideline passes to an upcoming...

Dec 05 2016

Carrier Corp. deal differs from common incentives in Indiana

On Thursday, the Democratic National Committee blasted Trump, saying in a statement: "Every American job is important, but it's clear that Donald Trump not only got rolle...

Dec 04 2016

TSX closes 55 points lower as oil rises; dollar surges

As a result, prices of Alberta-based energy firms prospered by more than 10 percent on the day. The Toronto Stock Exchange's S&P/TSX composite index closed down 55.32 p...

Dec 04 2016

Latest decline in U.S. unemployment comes with a caveat

In terms of adult men, the unemployment rate declined to 4.3 percent . Wages put a damper on the gains, with the annualized pace of average hourly earnings gains slump...

Dec 03 2016

US flag flies again at Hampshire College after protest

Upon its replacement, Hampshire College made a decision to continue flying the flag at half staff "both to acknowledge the grief and pain experienced by so many and to en...

Dec 03 2016

6 takeaways from Donald Trump's meeting with the New York Times

Trump said in an interview with CBS after the election that prosecuting Clinton would not be a priority. During a 75-minute meeting Trump lavished praise on The New Yor...