Business

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 ...


After the Fed's likely rate hike this week, all bets are off

Nearly all 60 economists polled by The Wall Street Journal earlier this month estimated that the Fed would raise rates again this week. Given how dovish mar...


Report claims Johnson & Johnson knew of asbestos in baby powder

After Reuters released a report indicating Johnson & Johnson (NYSE: JNJ ) may have known for decades that asbestos was contaminating its baby powder and ot...


China, US discuss plans for trade talks

A Canadian court released Meng on bail Tuesday, pending further proceedings on USA efforts to extradite her. Trump separately told Reuters that he would con...


OPEC's assembly concludes with out yielding output reduce resolution

The 15-member cartel, led by Saudi Arabia , agreed with Russian Federation to cut production by 1.2 million barrels per day (bpd) by January to support prices ...


Tampons could unravel inside body — RECALL ALERT

In some cases, this defect resulted in pieces of the tampon breaking off and being left in the body, which required medical attention to remove, the statement...


Why Googling the word 'idiot' brings up pictures of Donald Trump

The safety of that data - both at the hands of hackers and governments - has become a heated discussion for the entire tech industry. "We don't manually inter...


Theresa May no confidence Brexit vote: Suffolk and Essex MPs react

And she insisted a general election would not be "in the national interest". "So here is our renewed mission, delivering the Brexit that people voted for, b...


Huawei CFO freed on bail ahead of extradition

Trump said during an interview with Reuters that his administration could weigh in on the case against Huawei's Chief Financial Officer Meng Wanzhou , wh...


O2 services slowly being restored after UK-wide outage

O2 has said a "full service" will be restored by Friday morning following a data outage , which affected millions of users. "We're aware that our customers...


Marlboro cigarette maker places a $2.4-billion bet on marijuana

The investment is a 45% stake and Altria could pay another $1.4 billion for warrants that would increase its stake to 55% over the next five years. The inve...


Donald Trump throws his support behind Paris 'yellow vest' protests

Protesters threw flares and other projectiles, and were repeatedly pushed back by tear gas. Firefighters try to extinguished a vehicle set on fire by demonstr...


Stocks fall as declining US yields, trade woes knock sentiment

Stuart Canning, research analyst at M&G Investments, has said the temporary yield curve inversion which saw three-year Treasury yields lower than two-year not...


Donald Trump Demands 'REAL DEAL' with China Despite Shaken Stock Market

Due to which it was getting hard for companies like Ford, BMW, and Tesla to sell their products in China's market. Height Capital Markets analyst Clayton Alle...


Trudeau says he had advance notice of Huawei executive's arrest

He declined to give further details, given that Meng faces a bail hearing on Friday. The Chinese government said Meng had broken no USA or Canadian laws and...