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Job growth surges; unemployment rate rises to 4.0 percent

Job growth surges; unemployment rate rises to 4.0 percent

Average earnings for all workers grew slightly slower than the month before, at 3.2 percent year-over-year. While the new jobs report was higher than expected, the jobs report for December was a...

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Amazon shares drop on concerns about rising costs, India growth

Amazon shares drop on concerns about rising costs, India growth

Mr. Olsavsky said the guidance includes two percentage points of negative impact from changes in currency exchange rates. "Amazon's profits continue to soar on the back of strong online holiday sa...

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Alibaba profit up 37pc but revenue growth eases

Alibaba profit up 37pc but revenue growth eases

Chinese e-commerce company Alibaba on January 30 reported revenue of 117 billion yuan ($17.4 billion) for the three months to December, an increase of 41 percent from the same quarter past year. E-c...

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Nvidia and Caterpillar Point to Weakness in China as Outlooks Dim

Nvidia and Caterpillar Point to Weakness in China as Outlooks Dim

Tech giants Microsoft and Apple were also weighed down by China concerns. The dollar fell against a basket of currencies as traders awaited the Federal Reserve's two-day policy meeting ending Wedn...

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Emergency alert asks residents to lower thermostats

Emergency alert asks residents to lower thermostats

Fiat Chrysler also canceled the first shifts of production for Thursday at its Warren Truck and Sterling Heights Assembly palnts. Officials are warning MI residents that they risk brief interruption...

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Venezuelan Lawmaker Claims Gold Bars Loaded on Russian Mystery Plane

Venezuelan Lawmaker Claims Gold Bars Loaded on Russian Mystery Plane

Washington's fast action on Venezuela and efforts by Maduro's government to defend its grip on PDVSA have sent shock waves around the world, triggering higher global oil prices and angry responses...

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Maduro warns Trump not to spark another Vietnam

Maduro warns Trump not to spark another Vietnam

U.S. Vice President Mike Pence met Guaido's designated envoy to the United States on Tuesday. In a telephone call, US President Donald Trump congratulated Guaido on his "historic assumption of t...

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Venezuela's Nicolas Maduro Vows Legal Action Against US Over Oil Sanctions

Venezuela's Nicolas Maduro Vows Legal Action Against US Over Oil Sanctions

They are also aimed at boosting Maduro's rival, opposition leader Juan Guaido, whom the administration recognized last week as Venezuela's legitimate leader. Rosneft, Russia's biggest oil producer, op...

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Maduro regime in disarray as Venezuelan military envoy to United States defects

Maduro regime in disarray as Venezuelan military envoy to United States defects

This pertains to the justice system", he told CNN Turk's Cuneyt Ozdemir. Maduro's assertion was based on reports that Vice President Mike Pence had promised to support Guaidó only days before the ...

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US charges China's Huawei, top executive with bank fraud

US charges China's Huawei, top executive with bank fraud

The U.S. Justice Department released a 13-count indictment against her, telecom giant Huawei , and two subsidiaries. In addition, 10 United States federal charges were filed against two Huawei affi...

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Facebook 'tricked' kids, parents to spend money on 'free' games

Facebook 'tricked' kids, parents to spend money on 'free' games

The records reveal , for example, that one 15-year-old ran up charges of $6,545 while playing games on Facebook for just over two weeks. Campaigning US journalism outfit Reveal News secured a num...

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Russian mercenaries reportedly in Venezuela to protect Maduro

Russian mercenaries reportedly in Venezuela to protect Maduro

Washington recognised Juan Guaido as the country's interim president earlier this week, angering Mr Maduro who has retaliated by threatening to expel United States diplomats from the country. Pre...

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Air Traffic Controllers, Pilots, Flight Attendants Issue Scary Warning About Air Safety

Air Traffic Controllers, Pilots, Flight Attendants Issue Scary Warning About Air Safety

The ground stop early Friday meant that flights could not fly into the Queens, New York City, airport, FAA said. LaGuardia Airport in NY and Newark Liberty International Airport in New Jersey were...

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Family kicked off American Airline flight due to complaints about body odor

Family kicked off American Airline flight due to complaints about body odor

Yossi told WPLG-TV, however, that he and his family have no body odor of which to speak. There's nothing wrong with us'. Adler also said that the plane flew off with their luggage. "I'm trying to st...

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Labour MP: People's Vote not Labour policy but 'on the table'

Labour MP: People's Vote not Labour policy but 'on the table'

The Prime Minister is required to update MPs on her "Plan B" in the Commons on Monday. Among the MPs' amendments are plans to prevent a no-deal Brexit and to extend the deadline for leaving the EU. ...

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Google Slapped with $57 Million Fine in Landmark GDPR Case

Google Slapped with $57 Million Fine in Landmark GDPR Case

In a statement explaining the action, the French agency known as the CNIL noted that the fine is a result of deficiencies that include Google not being clear enough about the way user data is handle...

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China's modernized military could threaten Taiwan, U.S. report says

China's modernized military could threaten Taiwan, U.S. report says

The drills follow intelligence from the U.S. over China's growing military might, with concern growing that Taiwan may become a target. China has repeatedly sent military aircraft and ships to cir...

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Huawei is reportedly under federal investigation by the U.S. Justice Department

Huawei is reportedly under federal investigation by the U.S. Justice Department

An indictment could come soon, the Journal added. The move would further escalate tensions between the United States and China after the arrest a year ago in Canada of Huawei's chief financia...

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How Europe reacted to Brexit deal defeat

How Europe reacted to Brexit deal defeat

British opposition leader Jeremy Corbyn has called a no-confidence vote in May's government, which was scheduled for Wednesday evening. Labour leader Corbyn said no positive talks were possible ...

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PG&E Plans To File For Bankruptcy Over Possible Liability In California Wildfires

PG&E Plans To File For Bankruptcy Over Possible Liability In California Wildfires

PG&E said in a company filing Monday that it has only about $1.5 billion in cash and cash equivalents on hand. PG&E said in a securities filing it could potentially raise more money and avoid s...

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Fed Vice Chair:

Fed Vice Chair: "Patience is a Virtue" with Interest Rates

The comments were closely aligned with the tone set earlier Thursday by Fed Chairman Jerome Powell, who used the word "patient" or "patiently" five times to describe the Fed's approach to rate incre...

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US, China leave next steps for trade talks unclear

US, China leave next steps for trade talks unclear

The two sides might be moving toward a "narrow agreement", but "U.S. trade hawks" want to "limit the scope of that agreement and keep the pressure up on Beijing", Eurasia Group analysts Michael Hirson...

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Sears chairman makes last-minute bid to save 126-year-old company

Sears chairman makes last-minute bid to save 126-year-old company

It also closes the curtain on Kmart, which is owned by Sears Holdings. Lawyers representing Sears Holdings told a bankruptcy judge Tuesday that former CEO Eddie Lampert's bid to buy the assets was...

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The 2019 iPhone XI imagined in renders, even though it's only January

The 2019 iPhone XI imagined in renders, even though it's only January

The new iPhone XI could have three cameras on its rear in a radical new design by Apple , if these leaked renders turn out to be correct. However, we're still at least nine months away from A...

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Japanese bluefin tuna sold at auction for record $4.4m

Japanese bluefin tuna sold at auction for record $4.4m

Kiyomura Corp . owner Kiyoshi Kimura, right, poses with the bluefin tuna he made a winning bid at the annual New Year auction, in front of his Sushi Zanmai restaurant in Tokyo Saturday, Jan. Japan i...

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Wall Street jumps after jobs report, Fed Chair Jerome Powell's comments

Wall Street jumps after jobs report, Fed Chair Jerome Powell's comments

Data released earlier on Friday showed US employers added the most workers in 10 months as wage gains accelerated. The Fed's policy committee raised the benchmark lending rate four times last ye...

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Dow Falls 500 Points after Tim Cook Slashes Apple Revenue Forecast

Dow Falls 500 Points after Tim Cook Slashes Apple Revenue Forecast

In China, there were less than 100 million smartphone shipments in the first three months, and the second quarter saw a 5.9% year-over-year decline. China has become a popular boogeyman-for the mark...

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Apple is trying to steal business from China’s homegrown smartphone players

Apple is trying to steal business from China’s homegrown smartphone players

Apple blamed bad sales numbers in China as a big reason why it had to revise its forecast. Prices for the iPhone have risen significantly in recent years, and particularly so in the fall 2018 iPh...

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Apple shares plunge almost 10% behind revenue warning

Apple shares plunge almost 10% behind revenue warning

Shares suffered another sharp decline the day after Apple cut its revenue forecast , blaming lackluster sales in China during the holiday quarter. -China trade tensions, but said the company won'...

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Tesla shares fall on price cut, soft Model 3 deliveries

Tesla shares fall on price cut, soft Model 3 deliveries

The $7,500 federal tax credit for electric cars was cut in half as of Tuesday. Tesla ( TSLA ) is cutting the prices on all of its models by $2,000 to help offset a reduction in federal tax credits ...

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