Economy

Boat Carrying 40 People Capsizes in Godavari, 23 Feared Missing

Boat Carrying 40 People Capsizes in Godavari, 23 Feared Missing

Chandrababu Naidu on Wednesday announced an ex-gratia of Rs. 10 lakh to the families of the people, who lost their lives after a boat carrying 44 passengers capsized in Godavari river on May 15. Aft...

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Senate saves net neutrality, now onto the House

Senate saves net neutrality, now onto the House

Sens. Patrick Leahy, D-Vt., and Bernie Sanders, I-Vt., both voted with the entire Democratic caucus in support of the legislation. The vote was a rare, and likely only symbolic, win for Democrats in...

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Too expensive. Tesla refused additional options to autopilot media

Too expensive. Tesla refused additional options to autopilot media

While Tesla's Autopilot feature indicates that a driver must be attentive at all times, the driver admitted that she was looking at her phone prior to the collision. The investigation into the crash...

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Government troops push back Taliban from west city in Afghanistan

Government troops push back Taliban from west city in Afghanistan

About 300 Taliban militants have been killed in the Farah province in western Afghanistan in clashes with the country's security forces, local media reported, citing the provincial governor. "The ...

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Namibia condemns massacre of 59 Palestinians

Namibia condemns massacre of 59 Palestinians

The Palestinian health ministry said more than 2,700 people had suffered injuries and that numerous dead had not yet been identified. One Israeli soldier was wounded. Consequently, the country was inv...

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Amazon Go targets Chicago, San Francisco for new stores

Amazon Go targets Chicago, San Francisco for new stores

The retailer confirmed the news after recently putting up an ad seeking for store managers for outlets in both cities. Amazon is opening its first Amazon Go stores outside of Seattle, with cashi...

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Salma Hayek speaks frankly about Harvey Weinstein and #MeToo at Cannes

Salma Hayek speaks frankly about Harvey Weinstein and #MeToo at Cannes

Hayek's talk is one of several events during the world's most famous film festival highlighting the treatment of women in the industry. While the two incidents may have appeared to be isolated, at t...

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Gap Apologizes for Selling T-shirt with 'Incorrect' Map of China

Gap Apologizes for Selling T-shirt with 'Incorrect' Map of China

It added that the products had been pulled from the Chinese market and destroyed. In its Weibo apology, Gap Inc said that it respects China's sovereignty and territory and confirmed that a t-shirt...

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Oil price nears $80 per barrel

Oil price nears $80 per barrel

While all eyes are riveted on Iran and the Middle East , the pace of Chinese oil demand growth could be the most underappreciated story in oil markets right now, Bloomberg Opinion columnist Davi...

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Bolton warns sanctions possible for businesses dealing with Iran

Bolton warns sanctions possible for businesses dealing with Iran

However, Mr Mianji said he viewed the solidarity of the EU countries as a promising sign of the union's loyalty to the nuclear agreement and opposition of Mr Trump's sanctions. Since the easing of san...

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Oil price 'could hit $100' amid crisis over Iran and Venezuela

Oil price 'could hit $100' amid crisis over Iran and Venezuela

European and American companies could lose billions of dollars in commercial deals canceled and a major new export market undercut by the US decision to re-impose sanctions on Iran. With U.S. congress...

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WH says Trump not influenced by Cohen payments

WH says Trump not influenced by Cohen payments

But Giuliani, who's the latest addition to Trump's legal team, wouldn't have any of it. A key Democratic senator is joining at least one other lawmaker Friday in requesting that pharmaceutical giant...

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Walmart makes a $16 billion bet on India's booming economy

Walmart makes a $16 billion bet on India's booming economy

Flipkart will be listed on Indian stock exchanges as a fully-owned Walmart subsidiary down subsequent years. "India is one of the most attractive retail markets in the world, given its size and g...

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Retail king Kishore Biyani eyes selling 10% stake to Amazon or Walmart

Retail king Kishore Biyani eyes selling 10% stake to Amazon or Walmart

Nowhere in the world, Walmart has a market place model, " Mr Mahajan said in a letter written to the Prime Minister. Importantly, according to media reports, he has already met Amazon's Jeff Bezos ...

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Moon, Li reaffirm joint efforts to denuclearize N. Korea

Moon, Li reaffirm joint efforts to denuclearize N. Korea

Both leaders also spoke at length about bilateral issues. "As long as relevant parties eliminate the hostile policy and security threats against North Korea, North Korea does not need to have nuclea...

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Fake ID cards row: Congress, BJP indulge in blame game

Fake ID cards row: Congress, BJP indulge in blame game

Alleging that the BJP-led NDA government did not fulfil election promises, Kharge listed various schemes and welfare programmes of the Siddaramaiah government in Karnataka. He also said that he did ...

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Comcast Offers Rival Bid To Stop Disney From Buying Fox

Comcast Offers Rival Bid To Stop Disney From Buying Fox

James Murdoch , the 21st Century Fox chief executive, is planning to strike out on his own if Fox's pending deal to sell much of the company to Walt Disney Co . Disney is going to be launching its ...

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Oil prices surge to near 4-year high

We kickoff the day with Export Inspections at 10:00 A.M., Consumer Credit at 2:00 P.M. and Crop Progress at 3:00 P.M. In the overnight electronic session the July Corn is now trading 403 ½ which is 2 ...

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Warren Buffett bashes bitcoin as nonproductive 'rat poison'

Warren Buffett bashes bitcoin as nonproductive 'rat poison'

The company also has major investments in such companies as American Express, IBM and Wells Fargo & Co. Buffett has called the new accounting rule a "nightmare" that would produce "truly wild and ...

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Sonam Kapoor and Anand Ahuja hug and dance at the Mehendi ceremony

Sonam Kapoor and Anand Ahuja hug and dance at the Mehendi ceremony

Spread through the span of two days, Sonam and Anand Ahuja's wedding functions will be held at Mumbai's Bandra Kurla Complex, Bandra Bandstand and The Leela hotel. "I don't even have any notificat...

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Berkshire Hathaway Got 75 Million Worth Of Apple's Shares In 1st Quarter

Berkshire Hathaway Got 75 Million Worth Of Apple's Shares In 1st Quarter

In an interview with CNBC on Monday, Buffett said his company, Berkshire Hathaway , had bought more Apple shares than any other stock over the past year. Buffett discussed first quarter ear...

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Havasu horse bettors ready for Kentucky Derby

Havasu horse bettors ready for Kentucky Derby

Horses run through the first turn during the 143rd running of the Kentucky Derby horse race at Churchill Downs Saturday, May 6, 2017, in Louisville, Ky. Vino Rosso, trained by Todd Pletcher for R...

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Flipkart approves $15 billion stake sale to Walmart-led group

Flipkart approves $15 billion stake sale to Walmart-led group

Amazon .com Inc has made a formal offer to buy 60 percent of Flipkart , CNBC-TV18 reported on Wednesday, potentially complicating Walmart Inc's bid for majority ownership of the Indian online...

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BP profit beats estimates even as oil-spill burden lifts debt

BP profit beats estimates even as oil-spill burden lifts debt

Shareholders react positively to the highest profit in years even as the continuing burden of oil-spill payments push debt higher. Underlying replacement cost profit for the first quarter of 2017 to...

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Sunny weather for the weekend after a few showers Friday

Sunny weather for the weekend after a few showers Friday

Monday night - Mostly clear, with a low around 48. Very much the same is expected for Sunday with humidity starting to work back into the region Sunday into Monday with rain back in the forecas...

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Develop Your Investors Skills with Report for: Marathon Oil Corporation (NYSE:MRO)

In order to determine directional movement, the 50-day and 200-day moving averages for Marathon Petroleum Corporation ( NYSE : MPC ) are $72.99 and $66.61. Advisors Asset Mngmt reported 18,046 shs o...

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Subway closing 500 of its United States stores

Subway closing 500 of its United States stores

Germany, India, China and Mexico. 2016 also saw store closings, Bloomberg reported. "Looking out over the next decade, we anticipate having a slightly smaller, but more profitable footprint in Nor...

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Ford cutting production of cars to just Mustang, Focus by 2020

By 2020, 90 percent of Ford's North American offerings will be trucks, SUVs and commericial vehicles, the company said. For the first quarter, the Dearborn automaker earned 43 cents per share, beati...

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Meek Mill Speaks Out Since Prison Release:

Meek Mill Speaks Out Since Prison Release: "I Don't Feel Free"

According to the "All Eyes on You" rapper, he still has not slept a bit since his release . The rapper is now a free man - and has already attended a basketball game - after he was released fro...

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Ausdal Financial Partners Inc. Has $5615000 Holding in Caterpillar Inc. (CAT)

Ausdal Financial Partners Inc. Has $5615000 Holding in Caterpillar Inc. (CAT)

Aevitas Wealth Management Inc. acquired a new stake in Caterpillar in the fourth quarter valued at approximately $143,000. The stock increased 1.18% or $1.71 during the last trading session, reachin...

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