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Erdogan warns United States risks losing Turkey as strategic partner

Erdogan warns United States risks losing Turkey as strategic partner

This is called carrying out an operation against Turkey", he said. The lira plunged to a fresh record low of 7.24 against the dollar during in Asia Pacific trade, where markets were opening for ...

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Markets Now: Dow Drops 105 Points as Turkey Finally Matters

Markets Now: Dow Drops 105 Points as Turkey Finally Matters

Mylan's 6.8 percent drop was the most on the benchmark S&P 500 after the drugmaker reported quarterly results and said it was actively evaluating a "wide range of alternatives". SPX lost 4.12 point...

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Tesla’s Big Question: Better or Worse Off as Private Company

Tesla’s Big Question: Better or Worse Off as Private Company

In his first tweet he said funding was secured but provided no details. Six of nine members said in a prepared statement Wednesday that Musk began talking with the board about the move last week...

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Elon Musk tweets about taking Tesla private, shares soar

He later deleted that tweet and apologized for that exchange, but at least one analyst suggested Musk needed to get off Twitter to restore investor confidence in the company. Before Musk's tweet, ...

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'Behave like a normal country,' Pompeo tells Iran

'Behave like a normal country,' Pompeo tells Iran

Sanctions are due to return in two phases on August 7 and November 5 with the first targeting Iran's access to U.S. banknotes and key industries including cars and carpets. "We have interest and val...

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Apple beats Microsoft, Google and Amazon to $1 trillion valuation

Apple beats Microsoft, Google and Amazon to $1 trillion valuation

The other company with some claim to be the first valued at $1 trillion is China's state-owned oil company PetroChina . The feat has of course been a race because the stock market's top 10 is now d...

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Harley drives deeper into Asia with smaller bikes to fuel growth

Harley drives deeper into Asia with smaller bikes to fuel growth

This means better dealership network, improved retail experience, smaller stores for urban areas and more. Harley also is developing a smaller displacement 250cc to 500cc bike for emerging markets in ...

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For Big Mac's 50th anniversary, McDonald's is giving away free burgers

For Big Mac's 50th anniversary, McDonald's is giving away free burgers

The Rubik's cube, the Blarney stone, the Leaning Tower of Pisa and the Big Mac. Starting August 2, customers will receive a cool limited-edition collectible metal coin with the purchase of every Big...

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The President Says 4.1% GDP GROWTH is JUST THE BEGINNING

The President Says 4.1% GDP GROWTH is JUST THE BEGINNING

Trump said at the White House . "And I will say this right now and I will say it strongly, as the deals come in one by one, we're going to go a lot higher than these numbers, and these are grea...

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China's Xi says world must 'reject protectionism outright'

China's Xi says world must 'reject protectionism outright'

Prime Minister Narendra Modi on Friday left for home after concluding his three-nation Africa tour during which he attended the BRICS Summit in South Africa and he held bilateral meetings with sev...

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Facebook loses more than Sh1.5trillion in record fall

Facebook loses more than Sh1.5trillion in record fall

Facebook's daily active users for the second quarter of 2018 were effectively flat in the US sequentially, and even declined in Europe compared with Q1 - marking the first time the company has seen s...

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Turkey: American pastor on trial for terror let out of jail

Turkey: American pastor on trial for terror let out of jail

Trump tweeted Thusday that the "United States will impose large sanctions on Turkey " for keeping Brunson in custody. President Donald Trump and Vice President Mike Pence have demanded that Tur...

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Trump and Top European Leader Agree to Work Toward Zero Tariffs

Trump and Top European Leader Agree to Work Toward Zero Tariffs

That figure apparently refers to the U.S. trade deficit in goods alone last year, which hit $810 billion last year, while the total deficit including services was $566 billion. "We're trying to sort t...

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Trump pumps up the volume ahead of Juncker visit

Trump pumps up the volume ahead of Juncker visit

The president has repeatedly called the European Union - which includes numerous U.S.'s oldest and most committed allies - an unfair trading partner and even labeled it a "foe". His administrati...

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Asian shares dip amid fears of more protectionist measures from US

Asian shares dip amid fears of more protectionist measures from US

The major traded 0.1 percent up at 1.3137, having hit a low of 1.2957 on Thursday; it's lowest since September 2017. Gold is also cushioned by technical support around $1,200-$1,220, including its ...

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Tesla Asks Suppliers for Cash to Stay Afloat

Tesla Asks Suppliers for Cash to Stay Afloat

When asked whether the company has requested refunds from suppliers, a Tesla spokesman referred to a company statement, which said Tesla had asked fewer than 10 suppliers for a reduction in total ...

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Salmonella fears spark massive Ritz Cracker recall across US & Puerto Rico

Salmonella fears spark massive Ritz Cracker recall across US & Puerto Rico

There have been no complaints of illness reported to Mondelez in connection with the crackers, . All the crackers involved in the recall have a best if used by date of between January 14, 2019 and A...

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Trump says China, EU

Trump says China, EU "manipulating their currencies" -- and US dollar hit

But despite Trump's comments, the Federal Reserve has long maintained that politics don't influence its decision making process. The outbursts were another crosswind for Wall Street, which struggl...

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Ritz Cracker products recalled over Salmonella fears

All the crackers involved in the recall have a best if used by date of between January 14, 2019 and April 19, 2019. Salmonella can cause serious and sometimes fatal infections in young children, f...

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Trump ready to hit all Chinese imports with tariffs

Trump said the U.S. had been being taken advantage of by China for a long time. Powell added that "no one in the administration has said anything to me that really gives me concern on this front". T...

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In Rare Move for a President, Trump Criticizes Fed

But at the same time I'm letting them do what they feel is best", he added. Mr Trump said that he was "not happy" with the Fed's plans for further rate rises, which would put the United States at ...

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The EU has fined Google a record €4.3bn over Android antitrust

The EU has fined Google a record €4.3bn over Android antitrust

This might not affect anyone who usually uses whatever default browser is on their smartphone, like Samsung's Internet app. But a nyone who would actively want to use Google Chrome and Google Search o...

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Papa John's John Schnatter denies being racist

Papa John's John Schnatter denies being racist

Last week, Schnatter stepped down after it was revealed he used N-word on a conference call with its ad agency, Laundry Service , in May. Regardless, Papa John's has had an unexpected downturn th...

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Tesla loses United States subsidies as it hits 200,000 sales mark

Tesla loses United States subsidies as it hits 200,000 sales mark

According to Bloomberg , it had only $2.7bn in cash at the end of the first quarter. "They will have to get capital", said an analyst in a Bloomberg Television interview. Workers at the Californi...

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Oil drops 1.6%, settling at $72.94, after rise in U.S. crude stockpiles

Oil drops 1.6%, settling at $72.94, after rise in U.S. crude stockpiles

Brent crude futures LCOc1 were at $77.78 per barrel at 0137 GMT, down 46 cents, or 0.6 percent, from their last close. Recent price rises have also been spurred by a US announcement that it plans to...

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United States should throw China out of the WTO: Peter Morici

United States should throw China out of the WTO: Peter Morici

At the same time, Beijing is reportedly pressing the European Union to form an anti-U.S. pact against Trump's trade policies. During the meeting with Rutte, Trump said he was "very close" to reach...

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China presses Europe for anti-U.S. alliance on trade

China presses Europe for anti-U.S. alliance on trade

USA companies ranging from whiskey distilleries to automakers like Ford and Tesla could be hit if China ramps up retaliatory measures. "We do not want to fight it, but in order to safeguard the intere...

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Amazon launches start-up service to deliver its own packages

Amazon launches start-up service to deliver its own packages

With its new initiative launched Thursday, online retail giant Amazon appears to be attempting to cut out some delivery middlemen by the names of the U.S. The new program goes a huge step beyond the...

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Rite Aid stock falls nearly 11 percent on news of Amazon purchase

Rite Aid stock falls nearly 11 percent on news of Amazon purchase

PillPack , meanwhile, is already licensed to deliver medications to all 50 USA states, helping Amazon clear the regulatory hurdles that might have complicated its foray into the prescription drug in...

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Ash from Bali's Mount Agung closes airports, grounds flights

Ash from Bali's Mount Agung closes airports, grounds flights

The early morning closure of Ngurah Rai airport resulted in the cancellation of 446 flights, including more than 200 global arrivals and departures, with as many as 15,700 passengers affected, accordi...

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