S&P 500, Nasdaq Composite close at all-time highs

Oil prices had surged after the United States ended six months of waivers that allowed Iran's eight biggest buyers, majority in Asia, to continue importing limited volumes of Iranian oil. More stocks rose than fell on the New York Stock Exchange. ... More..

by | Published
China's New Video Game Rules Officially Ban Blood, Corpses, Mahjong, and Poker
by | Thursday, April 25, 2019

China's New Video Game Rules Officially Ban Blood, Corpses, Mahjong, and Poker

With a massively lucrative market having been closed off for the last six months, gamers on that side of the world have found themselves shut off from the latest and greatest video game releases as the countr...More..

Microsoft tops $1 trillion as it predicts more cloud growth
by | Thursday, April 25, 2019

Microsoft tops $1 trillion as it predicts more cloud growth

Microsoft shares have gained 23 percent this year, topping the 17 percent increase in the S&P 500 Index. Microsoft touching the trillion-dollar mark would make it only the third publicly-listed company to do ...More..

Facebook revenue jumps as US privacy penalty looms
by | Thursday, April 25, 2019

Facebook revenue jumps as US privacy penalty looms

The FTC has been in discussions with the company over alleged privacy violations related to a 2011 consent decree. Just one example: giving user data to Cambridge Analytica , the political consulting firm that...More..

Beyond Meat launches IPO
by | Thursday, April 25, 2019

Beyond Meat launches IPO

That's a significant increase from the $100 million the company anticipated last fall when first announcing plans for the IPO . "We couldn't be more excited that just in time for the summer barbecue season, ...More..

Uber’s self-driving unit valued at $7.25 billion in new investment
by | Wednesday, April 24, 2019

Uber’s self-driving unit valued at $7.25 billion in new investment

As Uber marches toward an IPO , the deal will help shield the company from tough questions about how the money-losing endeavor is harming its profit prospects. The Japanese companies said Friday that Toyota Mo...More..

Kohl's will begin accepting Amazon returns in all its USA stores
by | Wednesday, April 24, 2019

Kohl's will begin accepting Amazon returns in all its USA stores

There are signs the strategy is working: sales at established Kohl's stores rose 1% during the holiday shopping period. Now Kohl's is throwing its full weight behind the partnership. Kohl's says it will box i...More..

Ford buys $500 million stake in Rivian EV specialist
by | Wednesday, April 24, 2019

Ford buys $500 million stake in Rivian EV specialist

Rivian is now developing its R1T pick-up truck and R1S seat-seat SUV, which will both be built on a bespoke "skateboard" chassis that was created to be modular, so it can be used for a wide range of machine...More..

by | Wednesday, April 24, 2019

Tesla rival Rivian says Ford Motor invests $500 million in firm

The investment will only see Ford become a minority stakeholder in Rivian, but it is enough to get one of the automaker's staff on the board of directors, in this case Joe Hinrichs, Ford's president of global o...More..

Kraft-Heinz appoints new CEO
by | Wednesday, April 24, 2019

Kraft-Heinz appoints new CEO

Hees has run Kraft Heinz since it was created in a 2015 merger orchestrated by 88-year-old Buffett and 3G Capital, a private equity firm which has a reputation for aggressive cost cutting and dealmaking. Warr...More..

Drone company set to start delivering packages in Blacksburg
by | Wednesday, April 24, 2019

Drone company set to start delivering packages in Blacksburg

On its Medium blog, Wing said that it had to meet stringent safety requirements by submitting evidence from over 70,000 test flights and more than 3,000 deliveries in Australia - proof enough, it says, to assur...More..

North Korea's Kim arrives for summit with Russia's Putin
by | Wednesday, April 24, 2019

North Korea's Kim arrives for summit with Russia's Putin

North Korean leader Kim Jong Un , center wearing a hat, is welcomed by girls clad in traditional Russian clothes upon arrival at Khasan train station in Primorye region, Russia , Wednesday, April 24, 2019. For ...More..

Stop & Shop Employee Strike In CT, Other States Ends After Deal Reached
by | Wednesday, April 24, 2019

Stop & Shop Employee Strike In CT, Other States Ends After Deal Reached

The announcement comes after a strike lasting 11 days, that affected 240 stores in Connecticut , Rhode Island and MA. "Today is a powerful victory for the 31,000 hardworking men and women of Stop & Shop ...More..

Tesla Model S and Model X ranges get big upgrades
by | Wednesday, April 24, 2019

Tesla Model S and Model X ranges get big upgrades

Tesla has used new electric motors to extend the range of its Model S and Model X Long Range variants, which can now cover 595km and 523km on the EPA test cycle respectively. We've also improved the leveli...More..

Harley-Davidson points to tariff impact as Trump weighs in
by | Wednesday, April 24, 2019

Harley-Davidson points to tariff impact as Trump weighs in

The American motorcycle manufacturer saw profits slump previous year and blamed European Union tariffs, which jumped from six percent to 31 percent, for the decrease. Similarly, China's tariffs on the bikes e...More..

Better Than a Direct Message: Trump Meets Twitter CEO
by | Wednesday, April 24, 2019

Better Than a Direct Message: Trump Meets Twitter CEO

In a statement , Twitter said the pair spoke about "protecting the health of the public conversation" ahead of the USA 2020 general election. Twitter is here to serve the entire public conversation, and we int...More..

Apple Reportedly Spends Over $30 Million on Amazon Web Services Every Month
by | Wednesday, April 24, 2019

Apple Reportedly Spends Over $30 Million on Amazon Web Services Every Month

Apple seems to buying cloud services through same type of expansive, long-term contract that AWS usually signs with big enterprise customers. Should spending remain unchanged for the remainder of 2019, annual s...More..

by | Tuesday, April 23, 2019

Twitter users rise as firm targets abuse

Last quarter, Twitter raised some concerns about costs by announcing it expected operating expenses to increase by 20% in 2019 amid an increase headcount and merit salaries, as well as ongoing efforts to suppor...More..

Teenager sues Apple for $1bn after facial recognition led to false arrest
by | Tuesday, April 23, 2019

Teenager sues Apple for $1bn after facial recognition led to false arrest

The lawsuit seeks damages of $ 1 billion , a declaration that Apple "wrongfully and baselessly damaged" Bah's reputation, and a court order compelling Apple to "address the mistake in the stored data" that link...More..

Local kids swarm Easter egg hunt in Kalamazoo
by | Tuesday, April 23, 2019

Local kids swarm Easter egg hunt in Kalamazoo

More than 250 people participated in the event. Seth Ulvestad, who's executive director of the district, said inclement weather canceled the hunt last year, so the district was excited to be able to have the ...More..

Sri Lanka never expected bombings of such magnitude: Defence Secretary
by | Tuesday, April 23, 2019

Sri Lanka never expected bombings of such magnitude: Defence Secretary

The women had family friends who died in Sunday's attacks. Government spokesman Rajitha Senaratne and Sri Lankan telecommunications minister Harin Fernando claimed earlier that intelligence officials recei...More..

Draft Proposal: RBI may allow fintech firms to test regulatory sandbox
by | Tuesday, April 23, 2019

Draft Proposal: RBI may allow fintech firms to test regulatory sandbox

Earlier this year, reports suggested that the Securities and Exchange Board of India (SEBI) is considering setting up a regulatory sandbox to facilitate regulated use of innovative technologies such as blo...More..

Frustration Mounts As Stop & Shop Strike Enters Second Week
by | Tuesday, April 23, 2019

Frustration Mounts As Stop & Shop Strike Enters Second Week

The threat forced the store to close for about an hour and strikers disbanded shortly thereafter, an official from the United Food and Commercial Workers (UFCW) union confirmed. Local politicians have joined t...More..

Further tailspin for Jet Airways, shares tank over 23 per cent
by | Tuesday, April 23, 2019

Further tailspin for Jet Airways, shares tank over 23 per cent

The now out-of operations, Jet Airways also has B737s in the fleet. However, the March numbers came as a shocker to the airline industry as the traffic though continued to grow in green but nearly flat at 0...More..

Horrifying moment a white van explodes in a fireball in Sri Lanka
by | Tuesday, April 23, 2019

Horrifying moment a white van explodes in a fireball in Sri Lanka

The government imposed a weeklong ban in March 2018 because of concerns that WhatsApp and other platforms were being used to fan anti-Muslim violence in the country's central region. "There was an worldwide net...More..

Tesla announces shakeup to its board of directors
by | Tuesday, April 23, 2019

Tesla announces shakeup to its board of directors

Musk was sued by the SEC past year for tweeting that he had "funding secured" to take the company private. Jurvetson and Gracias should retire in June as opposed to waiting until next year, said Dieter Wa...More..

Carlos Ghosn's lawyer requests bail again after Nissan ex-chairman indicted ? again
by | Monday, April 22, 2019

Carlos Ghosn's lawyer requests bail again after Nissan ex-chairman indicted ? again

Ghosn has denied all four of the charges, which include understating his income, and said he is the victim of a boardroom coup. Nissan's French alliance partner Renault SA sent Ghosn, a citizen of Brazil, Fra...More..

Warren Unveils Sweeping Plan To Cancel Student Debt, Provide Free College
by | Monday, April 22, 2019

Warren Unveils Sweeping Plan To Cancel Student Debt, Provide Free College

President Trump himself has declared student loan debt to be one of the nation's greatest burdens, telling students at a White House event on free speech earlier this year that his administration is looking f...More..

Indiana March employment rate increases
by | Monday, April 22, 2019

Indiana March employment rate increases

Civilian employment decreased by 8,000 to 4.91 million in March, while unemployment declined by about 2,000 to 238,000 over the month. New Jersey's employment rose modestly in March, increasing by 3,600 jobs ...More..

Trump administration set to end sanction exemptions for nations importing Iranian oil
by | Monday, April 22, 2019

Trump administration set to end sanction exemptions for nations importing Iranian oil

The U.S. had granted eight oil sanctions waivers when it re-imposed sanctions on Iran after Trump pulled out of the landmark 2015 nuclear deal. Washington, however, granted eight of Iran's biggest oil buyers ...More..