Economy

USA economy grew at strongest pace in two years

The services sector was the main driver of growth led by transport & communications, which expanded by 2.6% and the finance sector, which saw growth of 0.8% qua...


Lockheed Martin CEO commits to driving down F-35 fighter's costs

Trump the same day met with Boeing Chief Executive Officer Dennis Muilenburg, who after facing similar criticism from the president-elect for the $4 billion es...


Christmas 2016: What Stores Are Actually Open On The Holiday?

With just hours to go before stores closed, shoppers were out in force, searching for that flawless gift . Saturday, Dec.31 - 9:30 a.m. - 5:00 p.m. Brookshir...


NORAD prepares to track Santa Claus as Christmas nears

Social media is also offering tracking opportunities. At 6 a.m. EST, children and parents can call the NORAD operations floor at 1-877-Hi-NORAD (1-877-446-6723)...


Prime Minister Narendra Modi to address booth workers in Varanasi today

Wondering why Gandhi did not raise voice against UPA Government's massive scams, Prasad said people of the country do not take the Congress Vice President serio...


Dow targets 20000, bonds fall as markets display resilience

That helped financial firms. Cheerios maker General Mills cut its sales projections for the year, sending its shares down 2.6 percent. The Nasdaq compos...


Manhunt launched for killer of toddler shot in Arkansas road rage incident

The boy was hit at least once and the grandmother was not struck. Acen King was fatally shot while in the backseat of his grandmother's auto over the weekend ...


VW's 3.0-Liter Diesel Settlement Likely Means $200 Million in Additional Fines

U.S. District Judge Charles Breyer in San Francisco announced the settlement for the 3-liter diesel cars Tuesday. The deal arrives after the revelation from a...


Traders Eyeing $49.30 Support In Crude Oil Market

Any speedy recovery in Libyan output could slow OPEC efforts to rebalance the market and ease a global supply glut. Meanwhile, February Brent crude LCOG7, -0....


Why Fred's, Inc. Stock Skyrocketed More Than 87% Today

Deerfield, Ill. -based Walgreen's announced plans to acquire Rite Aid in October of 2015 for $17.2 billion. "We are pleased to have found an experienced pha...


Obama Uses Old Law to Protect Arctic & Atlantic Ocean From Drilling Indefinitely

The release explained that the canyons are located in United States waters along the Atlantic continental shelf break, from Heezen Canyon offshore New England...


Liverpool's Jürgen Klopp hails substitute Daniel Sturridge for role in derby win

Aaron Lennon's shot in 12th minute nearly broke to Ross Barkley in space in the box but he latter couldn't react in time to control the loose ball before Ragnar...


The Kraft Heinz Company (NASDAQ:KHC) missed earnings on 3 occasions

Kraft Heinz's quarterly revenue was up 159.7% compared to the same quarter previous year. When calculating EPS estimates for the current year from sell-side ana...


Monte dei Pasci rescue thrown into turmoil

The rest of the capital needed would come from a voluntary debt-to-equity conversion offer on the bank's junior debt which has already raised around €1bn. It ga...


Yellen: Challenges Remain for Improving Labor Market

While wage growth picks up, productivity growth, which influences wages, has been "disappointing", she said. Yellen is scheduled to speak on the job market at...


Risky chemical leaks into Corpus Christi water

A news release from the city stated the chemical is Indulin AA-86, an asphalt emulsifier. The EPA said reports of seven individuals who got sick after dri...


Antonio Conte not tinker but tailor in Chelsea win streak

Chelsea surged nine points clear at the summit, ahead of Liverpool and Arsenal playing in this round, exactly a year after Jose Mourinho was sacked with the we...


Japan tops China as largest holder of US Treasury debt

The subsequent developments in the form of the election of Donald Trump and the plunge in Treasury bond value accompanied by the rising benchmark 10-year yield ...


Inovalon Holdings, Inc.'s (INOV)

Baird dropped their target price on shares of Inovalon Holdings from $15.00 to $14.00 and set a neutral rating for the company in a research report on Friday, S...


Hacker stole info from over 1 billion accounts

The announcement followed Yahoo's disclosure in September of a separate breach that affected over 500 million accounts, which the company said it believed w...


USA inflation gains persist in November

The energy index rose 1.1 percent over the past year, the largest 12-month increase since July 2014. This core CPI measure rose 2.1 per cent when compared to No...


Move to remove me 'vindictive': Wadia to Tata Chem shareholders

Wadia in his suit claimed of worth thousand of crores damage. Last month, Wadia had hit out at the Tatas through a letter in which, among other things, he had...


Tip-off leads Delhi cops to Rs3.25 cr in old currency; 5 held

Of the amount recovered, Rs 2.5 crore was found to be in new currency notes. They would take the collected cash from Delhi in check-in baggage and wrap it in ...


Democrats cite govt: Trump must divest from DC hotel

The lease for the hotel - which is in the Old Post Office building on Pennsylvania Avenue in Washington - states that, "No member of delegate to Congress, or ...


Cyrus Mistry Shown The Door At Tata Teleservices

The plan on which the investment was made was for 2.5 lakh cars while the production in 2015-16 was in the region of 20,000 cars and presently far less". A simi...