Business

Bank recap to be dependent on performance, reforms, says Finance Ministry official

On recapitalisation of PSBs, Jaitley said that "We wish to build an institutional mechanism to ensure that the problems that we inherited do not recur". For the...


Senate confirms President Trump's pick for Federal Reserve chair

Powell worked closely with Yellen and her predecessor, former Fed Chairman Ben Bernanke, noted David Wessel, a senior fellow at the Brookings Institution. It wo...


Sask. producers welcome new Trans-Pacific Partnership deal

Canada returned its backing to the TPP after nearly pulling off a Trump last November in a bid to protect its cultural industries, such as movies, TV and music....


Tesla Driver, Passed Out Drunk, Tells Highway Patrol Autopilot Was in Charge

Tesla's vaunted Autopilot feature may have been the cause of an accident in Culver City, California earlier this week, according to a report from by CBS L...


Checkout-Free Amazon Go Store Opens to the Public

Literally-no actual money changes hands at Amazon Go . Having already disrupted high-street shopping quite dramatically thanks to its rise, specifically target...


International Monetary Fund chief warns against being complacent about growth

In 2017, China's GDP growth rate of 6.8% was ahead of India's at 6.7%, giving the former the tag of being the fastest growing emerging economy. Both estimates w...


Hong Kong Protest Leaders Sentencing

Wong appeared with pro-democracy activists Lester Shum, Raphael Wong and Joshua Wong chant slogans outside High Court before receiving their sentences . Th...


Evironmental disasters, cyber attacks major risks in 2018, flags WEF

Along with extreme weather and natural disasters, other environmental threats near the top of the ranking include a failure to manage climate change and bio...


Nigeria's Inflation Drops To 15.37% In December 2017 - NBS

Price rises also eased further down the supply chain - another indication that inflationary pressures are easing. It comes as the Bank of England last month...


Padmaavat to hit theatres on 25th January

On Friday, Gujarat CM Vijay Rupani also said that Deepika Padukone , Shahid Kapoor and Ranveer Singh starrer won't get a release in Gujarat. Over 70 activist...


SpaceX's new rocket Falcon Heavy will fly Tesla Roadster to Mars

A Falcon 9 rocket is set to lift off in February from Vandenberg Air Force Base in California with the Spanish-owned Paz radar imaging satellite, and another Fa...


Kite Realty Group Trust (KRG) COO Thomas K. Mcgowan Sells 5000 Shares

Spirit Of America Management Corp who had been investing in Federal Realty Investment Trust for a number of months, seems to be less bullish one the $9.04B mark...


Palm Bay, Melbourne Walmart Raising Minimum Wage To $11

After spending $1 billion to raise workers' wages in 2015, the company began cutting employee work hours to combat the cost, and announced the closure of 154 ...


Fired Googler James Damore files a lawsuit claiming "hostility for conservative thought"

An ex-Google employee, fired after his internal memo arguing against the company's diversity efforts drew widespread criticism, has filed a proposed clas...


GoPro quits the drone business, slashes staff

GoPro's shares recovered somewhat after the news of the possible sale, down 11.30% to $6.67 in mid-day trading on Monday. GoPro confirmed during its quarte...


USA: Trump Asks For More Funds to Build Mexico Border Wall

The White House has given Congress its long-awaited "punch list" for border-security reform, but the price tag attached to that list may put a strain on ongoing...


Copper & Kings sells minority stake to Constellation Brands

Finally, Evercore ISI restated an "outperform" rating and issued a $235.00 target price (up from $230.00) on shares of Constellation Brands in a research note...


Thankful Bills send Bengals Buffalo wings after playoff joy

Founded by Dalton and his wife, the foundation provides resources for families with seriously ill and physically-challenged children in Cincinnati and Fort Wo...


CBP Computer Outage Prompts US Airport Delays

The disruption was not thought to be "malicious in nature", CBP said. Sky News Australia and U.S. media outlets are reporting worldwide airport systems have f...


Factory activity expands at fastest pace in five years in December: PMI

Despite these additional resources and a slight uptick in stocks of finished goods, manufacturers' backlogs of work increased for an eighth successive month in ...


Maine's minimum wage to increase to $10 an hour

Gallivan, ironically, voted for the minimum wage increase, saying he only did so to slow the increases in Upstate New York. President Barack Obama stumped for...


CBFC to give U/A certificate to 'Padmavati' after key modifications - including title

The special panel consisted of Arvind Singh from Udaipur, Dr Chandramani Singh and professor KK Singh of Jaipur University. The censor board has made a decisi...


China's Geely Buys Stake in Sweden's AB Volvo

In May, Geely agreed to buy a 51% stake in British sports-car brand Lotus and a 49.9% stake in struggling Malaysian vehicle maker Proton Holding , which gave i...


Trump Loses Most Admired Man Title to Predecessor

Clinton came in first with 9 percent, and Michelle Obama , for the third year in a row, came in second. Following a year in which he achieved new lows in a...


Amazon's Alexa and Echo Devices Were Popular on Christmas

According to Amazon's data, Alexa's East Coast users requested holiday music 2.5 times more than West Coast users, with " Jingle Bells " being the most-reques...


Rahul Gandhi visits Gujarat, offers prayers at Somnath Temple - See pics

According to Delhi Congress president Ajay Maken, who led the march, Congress MPs would voice their protest inside Parliament and while the party's workers woul...


West Ham United Preview

Moyes conceded it was hard to pick a team for the Emirates Stadium clash due to the importance of the Premier League survival battle, although he remained fru...


Facebook to notify users when photos of them are uploaded

Facebook facial recognition wants to help you manage your identity by sending out alerts when photos appear on the social network without your knowledge, Forbes...


Uber can be regulated, European Union court rules

A taxi drivers association in Barcelona had complained that Uber was guilty of unfair competition and misleading business practices, seeking to overturn the s...


Bitcoin Volatility Returns on New Bitcoin Cash Offerings

Coinbase tends to drive up prices for cryptocurrencies, like bitcoin, when it includes them in its exchange. "We have been monitoring the Bitcoin cash networ...


Threat of strike action by Ryanair pilots remains following meeting

There was some confusion as to whether Ryanair would also recognize unions representing other workers but on Tuesday it confirmed it would also recognize cabi...


Virgin Hyperloop One names Richard Branson chairman, raises $50 mn

Shervin Pishevar , was one of the founders of Hyperloop One and its co-executive chairman, but took a leave of absence from the company as well as his own ventu...


Here's what's going to happen with your luggage at the Atlanta airport

The cause and scale of the outage, which began around 1 p.m., is not yet clear, according to the Atlanta Journal-Constitution. The Georgia Power compan...


Judicial Nominee Who Stumbled In Hearing Withdraws

Above, Petersen in July. Petersen's ordeal began when Republican Senator John Kennedy asked if any of the nominees had not tried a case to verdict, and ...


Toronto billionaire couple found dead at their home

Their Canadian mansion was recently put up for sale, and their bodies were reportedly found by the real estate agent who called police. The police had been ca...