Business

Elon Musk announces Tesla will cut around 3,000 jobs

Within Tesla's own ecosystem, Tesla has been struggling from both production and delivery issues, which Musk admitted in a tweet past year, saying the company...


United States report says rapidly modernizing Chinese military has set sights on Taiwan

The Chinese rail network has about 100,000 kilometers of track, 10,000 kilometers of which is high-speed track supporting trains running at up to 250 kilometers...


USA 'probes Huawei for trade secret theft'

A bipartisan group of lawmakers from both the House and the Senate on Wednesday introduced the Telecommunications Denial Order Enforcement Act, which would dire...


Ocasio-Cortez: We’re Going to ‘Run Train on the Progressive Agenda’

An official announcement of the panel's membership could come later Tuesday evening, the Hill reported. "Who cares?" Trump said of her comments, brushing ...


Miami airport to reopen terminal amid government shutdown

Passengers with flights scheduled to depart from Terminal B are being directed to the ticket counters and TSA checkpoints located in Terminal C and Terminal E. ...


Theresa May survives no-confidence vote after Brexit defeat

House speaker John Bercow selected four amendments to be voted on but scuppered the government's attempts to win over those anxious about the backstop by reje...


Huawei founder thanks inmates, Canadian justice system for treating daughter well

Meng, who was arrested December 1 and remains under house arrest in Vancouver , is facing us charges related to possible violations of trade sanctions on Iran....


PG&E to file for bankruptcy following California wildfires

Investigators have also blamed the power company for wildfires in October 2017. State officials are investigating whether the utility's equipment sparked the ...


China under pressure to strike US trade deal after exports fall

The Trump administration also wants Beijing to buy more American goods to narrow a yawning trade gap - a sticking point for USA president - and allow foreign pl...


Zimbabwe security forces fire on protesters amid anger over fuel price hikes

Most shops remained closed and minibus taxis that usually transport workers from the suburbs to the Harare city centre were not running. However, according t...


Airports Brace for Safety Issues As TSA Employees React to Government Shutdown

But the agency is anxious the ongoing shutdown means lines may only get longer. "We were concerned, so we actually left 30 minutes earlier than we planned to ...


US Fed officials see future of rate hikes "less clear"

MSCI's broadest index of Asia-Pacific shares outside Japan edged 0.2 percent higher, while Japan's benchmark Nikkei advanced 1.1 percent in early trade. A cou...


2019 iPhones: Three new handsets, one with a triple-rear-camera setup

And after Apple announced last week that it was forced to revise its guidance downward for the first fiscal quarter due to lower-than-expected iPhone sales in...


Trump Backs Off: 'Not Looking' To Declare National Emergency 'So Fast'

Senator Graham caught the largest serving of Scarborough bile due to his complete transformation from a presidential candidate who warned the nation about Trump...


Sears Holdings Likely Heading to Liquidation

It included $1.3 billion in financing and was for 425 Sears and Kmart stores, a little more than half the number of stores Sears had when it filed for bankrupt...


Alexandria Ocasio-Cortez says 'no question' Trump is racist

Tell us what you think! Rep. Steve Scalise , R. -Louisiana, tweeted that Ocasio-Cortez's approach would lead to the government taking away "70% of your incom...


China trade talks start amid cooling economic growth

Trump imposed tariff increases of up to 25 percent on $ 250 billion of Chinese imports over complaints Beijing steals or pressures companies to hand over tec...


Trump to Apple: Make the iPhone in the USA, not China

Cook said other factors will also pull down Apple's revenue , including the timing of its iPhone launches past year and a strong dollar that means lower re...


Apple to Miss Sales Expectations, Dow takes a Hit

USA indexes , which closed broadly lower on Thursday, were set to recover, too. China's Commerce Ministry announced the trade talks will be held Monday a...


US again uses tear gas on migrants at Mexican border

Border Patrol units deployed at those two spots could be seen waiting for the migrants. The agency said agents saw "toddler-sized children" being passed over ...


Apple warns investors to expect weaker profit, blaming China's worsening economy

Apple stock was halted in after-hours trading just minutes prior to the announcement. Cook said other factors will also pull down Apple's revenue, includ...


One Winner In $425 Million Mega Millions Drawing

The lucky victor has a cash option of $254.6 million. A winning ticket was purchased in Long Island, New York . One lucky victor will start the new year ...


Sears Facing Liquidation With No Bids Submitted

Liquidation sales are scheduled to begin in two weeks, the company said. If Lampert secures a bid by tomorrow, the deal would save all of Sears' assets, inclu...


Computer Virus Disrupts Delivery Of San Diego Union-Tribune, Los Angeles Times

Representatives of the Federal Bureau of Investigation were not immediately available for comment. The cyberattack was able to cripple software systems r...


Two local Sears stores to close

Penney is feeling the pressure with its shares dipping below $1 for the first time on Wednesday, according to the news outlet. "ESL is the only party offering t...


USA stocks lose momentum a day after Dow's record gain

To call the bottom, Antonelli is looking for, along with other indicators, at least two consecutive days in which the percentage of stocks rising exceeds 90, ...


Shoppers head to South Florida malls for last-minute Christmas gifts

Some restaurants may have adjusted hours for Christmas Eve and Christmas Day , so be sure to check the hours for your local location. On December 26, Walm...


Last-minute shoppers hit the stores on Christmas Eve

Whole Foods will be open from 8 a.m.to 7 p.m. Christmas Eve and will be closed Christmas Day . Open normal hours (check individual locations for pharmacy h...


Mnuchin denies Trump is seeking to oust Fed chief

The Senate would have to confirm a replacement, and many lawmakers have stated that they believe in the independence of the Fed and support Powell. Powell has...


India cuts tax rates on some goods after election loss

Services supplied by banks to Basic Saving Bank Deposit (BSBD) account holders under Pradhan Mantri Jan Dhan Yojana (PMJDY) shall be exempted. Several BJP state...


US Market Indexes Rally, but End Flat Tuesday

Gold rose 0.8 percent to $1,251.80 an ounce. The selloff continued on the Asian markets, with Japan's Nikkei slumping by 1.8 percent on Tuesday. Retailers ...


Putin: West disrespecting voters' choices of Trump and Brexit

Russian President Vladimir Putin is warning about the rising threat of a nuclear war. In a news conference that lasted more than three hours, Putin also bac...


Trump Touts Beauty of Border Wall

OMB guidance states that two business days before a potential lapse, agencies need to notify employees of their work and pay status under a lapse - that is, if ...


Facebook admits it gave tech companies access to users' personal messages

Facebook settled with the U.S. Federal Trade Commission in 2012 over charges that the company was deceiving consumers and forcing them to share more personal in...


Engineer creates special package to coat porch pirates in glitter, fart spray

Rober created a device that would spray thieves with glitter and fart spray upon opening the package. Although his doorbell camera recorded the theft, police ...