Why Cheap Oil Is Bad News for Workers in Texas

Brent crude oil LCOc1 dropped $1.67 a barrel, or 3.1 percent, to a low of $52.80 before recovering to around $53.45 by 1415 GMT. West Texas Intermediate crude for February delivery dropped $1.61 to settle at $44.61 a barrel on the New York Mercanti... More..

by | Published 18 days ago
Netflix users, don't fall for this phishing scam
by | Sunday, December 30, 2018

Netflix users, don't fall for this phishing scam

People have been getting emails saying it's from Netflix asking to update their information and it has caught the attention of the Federal Trade Commission . Netflix said that the users should be careful from ...More..

Royal Mail apologises after D-Day stamp error
by | Sunday, December 30, 2018

Royal Mail apologises after D-Day stamp error

The stamps, priced at £1.25 each, were due to be released in 2019 as part of a "Best of British" collection. Another tweet pointed out that the Royal Mail had released a series of stamps in 1994 commemorati...More..

Desperate search for British man who fell overboard from cruise ship SUSPENDED
by | Sunday, December 30, 2018

Desperate search for British man who fell overboard from cruise ship SUSPENDED

Watchstanders at Coast Guard Sector San Juan, Puerto Rico received a notification from the cruise ship Tuesday at approximately 1:45 p.m., stating a crewmember had reportedly went overboard. "Local authoritie...More..

At least 6 people injured after jet bridge collapses at Baltimore airport
by | Sunday, December 30, 2018

At least 6 people injured after jet bridge collapses at Baltimore airport

Multiple emergency services personnel responded to the scene, transporting at least six people to area hospitals with non-life-threatening injuries. Southwest says the airport's jet bridge, which connects the...More..

Computer virus hampers San Diego Union-Tribune's Saturday delivery
by | Sunday, December 30, 2018

Computer virus hampers San Diego Union-Tribune's Saturday delivery

She declined to provide specifics on the disruptions, but the company prints newspapers for Chicago, Baltimore, Hartford, Orlando, Fort Lauderdale, Hartford and NY. News and all of our regular features are avai...More..

DoubleTree hotel calls the police on Black guest using the phone
by | Sunday, December 30, 2018

DoubleTree hotel calls the police on Black guest using the phone

Massey videotaped his interactions with the security guard and manager and posted it to Instagram where it was widely viewed. A DoubleTree by Hilton sign is pictured in this undated photo. Concerned that it...More..

Durex condoms recalled after concerns about failing
by | Sunday, December 30, 2018

Durex condoms recalled after concerns about failing "burst test"

While there's no immediate safety concern for consumers, Durex Canada says they've been working closely with Health Canada and have made a decision to recall affected batches. RB says no other Durex products ...More..

Tesla's Musk says cave rescuer's defamation case should be dismissed
by | Sunday, December 30, 2018

Tesla's Musk says cave rescuer's defamation case should be dismissed

Elon Musk is hoping to dismiss a defamation claim from a man he dubbed "pedo guy". According to reports, Musk's lawyers have filed an appeal in the Los Angeles High Court asking the judge to dismiss the ...More..

Bitcoin Cash Price Down 12.3% Over Last Week (BCH)
by | Saturday, December 29, 2018

Bitcoin Cash Price Down 12.3% Over Last Week (BCH)

Bitcoin price remained in a negative zone and traded below the $3,650 support level against the US Dollar. Steem (STEEM) traded up 7.9% against the dollar and now trades at $0.27 or 0.00006970 BTC . Its gen...More..

China may talk trade in early Jan.
by | Saturday, December 29, 2018

China may talk trade in early Jan.

The Trump administration is sending trade representatives to Beijing early next month, reports indicated on Wednesday, as the clock ticks down to a deadline for the world's two largest economies to reach a deal...More..

Burbank Kmart To Shutter In Early 2019
by | Saturday, December 29, 2018

Burbank Kmart To Shutter In Early 2019

A hedge fund controlled by Sears chairman Eddie Lampert is offering $4.6 billion. Lampert, who is Sears' largest creditor, said his plan would keep 425 stores open, rather than the 500 stores he proposed earl...More..

France's Vinci in $3.7 bln swoop on UK's Gatwick airport
by | Saturday, December 29, 2018

France's Vinci in $3.7 bln swoop on UK's Gatwick airport

Gatwick Airport , about 50 km. south of London and the second-busiest airport in the United Kingdom, suffered closures and disruptions between December 19 and 21 due to numerous drone sightings in the area. "...More..

Wells Fargo To Pay $575M In Phony Accounts Suit
by | Friday, December 28, 2018

Wells Fargo To Pay $575M In Phony Accounts Suit

The money will be placed into the state's General Fund for lawmakers to appropriate during the 2020 legislative session. Friday's settlement marks the most recent in a long list of penalties related to Wells ...More..

Oracle, Walgreens Executives Join Tesla Board After SEC Settlement
by | Friday, December 28, 2018

Oracle, Walgreens Executives Join Tesla Board After SEC Settlement

In a blog post , Tesla's board of directors have expressed their support for the appointment of the two new members. Musk and Tesla reached the settlement with the SEC on September 29 that gave the company 9...More..

Sears to close 80 more stores as bankruptcy deadline nears
by | Friday, December 28, 2018

Sears to close 80 more stores as bankruptcy deadline nears

The last remaining viable option appears to be a $4.6 billion proposal put forward by Sears Chairman Eddie Lampert, who would buy out the company through his hedge fund ESL Investments. Instead, he wants to for...More..

USA holiday sales strongest in six years
by | Friday, December 28, 2018

USA holiday sales strongest in six years

Retail sales rose 5.1 percent between November 1 and December 24 from a year ago, according to Mastercard SpendingPulse , which tracks spending online and in stores across all payment types, including those wh...More..

Dow Drops 366 Points as Reality Sets In
by | Friday, December 28, 2018

Dow Drops 366 Points as Reality Sets In

Both indexes rose about 5 percent Wednesday, when the Dow had its biggest-ever single-day point gain. The S&P 500 - which had been on the verge of bear market territory, which is when a market falls 20% fro...More..

New York Minimum-Wage Hike Includes Hotline to Report Employers
by | Friday, December 28, 2018

New York Minimum-Wage Hike Includes Hotline to Report Employers

The New York State Department of Labor has established a hotline (1-888-4-NYSDOL) where minimum wage workers can call to report any employers who do not comply with the phase-in schedule. "Globally, there is a ...More..

Amazon's Alexa Echo Malfunctions in Europe Due to Overusage on Christmas
by | Friday, December 28, 2018

Amazon's Alexa Echo Malfunctions in Europe Due to Overusage on Christmas

Millions of items were shipped in the USA with Prime Free same-day, Prime Free one-day, and Prime Free two-hour deliveries. Alexa was used twice as much on Fire TV devices in this holiday season as compared t...More..

US Treasury chief to confer with top market regulators
by | Friday, December 28, 2018

US Treasury chief to confer with top market regulators

Mnuchin also tweeted on Sunday that he had checked with the heads of the six largest USA banks to ensure that they had enough liquidity to operate in a stock market that has tumbled sharply since October. A s...More..

Republican economists are desperately trying to get Trump to stop tweeting
by | Friday, December 28, 2018

Republican economists are desperately trying to get Trump to stop tweeting

The publication said a request for comment from the Treasury Department was referred to the White House, which didn't respond. President Trump criticized Federal Reserve interest-rate increases and said o...More..

Blue light in the sky over NYC was 'not aliens'
by | Friday, December 28, 2018

Blue light in the sky over NYC was 'not aliens'

The explosion also caused a power outage at busy LaGuardia Airport and reportedly brought the airport to a grinding halt during the busy holiday travel season. The NYPD asked people to avoid the area between ...More..

Trump 'very happy' with Treasury chief Mnuchin: White House adviser
by | Friday, December 28, 2018

Trump 'very happy' with Treasury chief Mnuchin: White House adviser

Adding to the panic is Treasury Secretary Steve Mnuchin, who announced today that he called bank executives in order to ensure that markets are functioning properly - an intervention that Treasury secretaries...More..

Chinese firms stand by Huawei - discourage their employees from using Apple products
by | Friday, December 28, 2018

Chinese firms stand by Huawei - discourage their employees from using Apple products

Other companies have threatened to hold back the bonuses of their employees for purchasing Apple products . The report noted that Apple knows that any sudden signal to move production out of China woul...More..

by | Thursday, December 27, 2018

Amazon announces record sales for holiday season in 2018

The most popular Amazon devices over the festive season were the Echo, Echo Dot, and Fire TV Stick 4K. Both white and black versions are available, and shipping is free for Amazon Prime members. Amazon a...More..

RBI Sets Up Bimal Jalan-Led Panel On Economic Capital Framework
by | Thursday, December 27, 2018

RBI Sets Up Bimal Jalan-Led Panel On Economic Capital Framework

Other members include RBI central board directors Bharat Doshi and Sudhir Mankad; Subhash Chandra Garg , secretary, DEA, and NS Vishwanathan, RBI deputy governor. After the government started pushing the c...More..

Japan's Nikkei plunges after USA economic turmoil
by | Thursday, December 27, 2018

Japan's Nikkei plunges after USA economic turmoil

Precision instrument, oil and coal product, and information and communication issues comprised those that rebounded the most in the opening minutes after the morning bell. Treasury Secretary Steven Mnuchin call...More..

Land Rover Defender Is Finally Coming Soon
by | Thursday, December 27, 2018

Land Rover Defender Is Finally Coming Soon

But that's about to change, with what might be the best automotive industry holiday gift of all. With test prototypes recently snapped on United Kingdom roads, Land Rover has officially confirmed that the n...More..

Despite heavy discounting Boxing Day sales 'attracting fewer shoppers'
by | Thursday, December 27, 2018

Despite heavy discounting Boxing Day sales 'attracting fewer shoppers'

But there were still queues for some shops from as early as midnight and the data does not include online sales. Springboard said: 'Part of the reason for the drop in footfall is the nearly continuous discoun...More..