Three crew die in British Columbia Canadian Pacific grain train derailment

Like all siblings, the Waldenberger-Bulmer twins fought sometimes, but they were also inseparable, Jeremy said. A member of an emergency response team is shown at the site of a train derailment near Field, B.C., Monday, Feb. "He loved his wife and ... More..

by | Published 10 days ago
Death Toll in Turkey Building Collapse Rises to 3
by | Thursday, February 07, 2019

Death Toll in Turkey Building Collapse Rises to 3

Istanbul Governor Ali Yerlikaya told reporters at the site that 43 people were registered in 14 apartments at the address, but that the top three floors of the building had been built illegally. "We rushed out ...More..

GM's 2018 profit jumps, will hire 1,000 at Flint pickup plant
by | Thursday, February 07, 2019

GM's 2018 profit jumps, will hire 1,000 at Flint pickup plant

GM said the Chinese auto market will be flat this year. While a handy beat, that is down from $1.65 a share in the year-earlier quarter, in part because the company struggled in key global markets. Shares of GM...More..

Tesla drops Model 3 base price; still $8000 above $35000 target
by | Thursday, February 07, 2019

Tesla drops Model 3 base price; still $8000 above $35000 target

In a tweet at 2 a.m. ET on Wednesday, Chief Executive Elon Musk shared a Tesla post announcing the new price would be $42,900. Now, Tesla has updated its website to the new pricing which shows that once t...More..

BB&T, SunTrust plan merger by end of year
by | Thursday, February 07, 2019

BB&T, SunTrust plan merger by end of year

The combined company will be the sixth-largest retail bank in the country, putting BB&T and SunTrust in the ranks of other megabanks like JPMorgan Chase, Bank of America and Wells Fargo. SunTrust shareholde...More..

Rep. Ocasio-Cortez proposing Green New Deal to fight climate change
by | Thursday, February 07, 2019

Rep. Ocasio-Cortez proposing Green New Deal to fight climate change

The two politicians represent a contrasts in generations and experience - Ocasio-Cortez quickly rose in progressive circles with her defeat of an entrenched incumbent previous year, and Markey has been in Congr...More..

Explained: Why RBI’s decision to cut repo rate comes as a surprise
by | Thursday, February 07, 2019

Explained: Why RBI’s decision to cut repo rate comes as a surprise

A career bureaucrat, Das is seen as more dovish on policy than his predecessor Urjit Patel, who quit in December following attacks on the central bank's autonomy. "Taking into consideration these developments a...More..

Trump nominates 'happy warrior' to lead World Bank
by | Thursday, February 07, 2019

Trump nominates 'happy warrior' to lead World Bank

If confirmed, Malpass would fill a spot opened by Jim Yong Kim , who announced his resignation last month. The nomination of Malpass signals that the Trump administration wants a firmer grip on the World B...More..

Oil prices drops below $61.5
by | Thursday, February 07, 2019

Oil prices drops below $61.5

International Brent crude oil futures on Monday were down 20 cents, or 0.32 percent at 0339 GMT to $62.54 a barrel, after closing up 3.14 percent in the previous session to their highest close since November 21...More..

Oil rises on tighter supply but USA factory data weighs
by | Thursday, February 07, 2019

Oil rises on tighter supply but USA factory data weighs

Crude shipments to the US from OPEC and its partners fell to 1.41 MMbpd in January, the lowest in five years, according to data from cargo-tracking and intelligence company Kpler. "The collapse in oil prices ...More..

Mazda to unveil all-new SUV at Geneva Motor Show
by | Wednesday, February 06, 2019

Mazda to unveil all-new SUV at Geneva Motor Show

The vehicle will also be powered by Mazda's new SKYACTIV-Vehicle Architecture and powertrains. This crossover will also be equipped with the latest SkyActiv engines, including the company's "Spark Plug Controll...More..

Battlefield 5 Fails To Meet Sales Targets, And EA Explains Why
by | Wednesday, February 06, 2019

Battlefield 5 Fails To Meet Sales Targets, And EA Explains Why

Battlefield 1 now has almost four million monthly active users, and Battlefield 4 has almost two million. In a conference call, Wilson also mentioned Battlefield 5's delay, and that its launch around the...More..

Apple retail chief Angela Ahrendts exits the company
by | Wednesday, February 06, 2019

Apple retail chief Angela Ahrendts exits the company

Before joining Apple, Ahrendts had successfully transformed fashion label Burberry into a very profitable business and her arrival at the Cupertino giant was considered something of a coup for Apple CEO Tim Co...More..

China’s ‘theft’ of U.S. jobs and wealth must ‘come to an end’
by | Wednesday, February 06, 2019

China’s ‘theft’ of U.S. jobs and wealth must ‘come to an end’

Washington and Beijing have slapped punishing tariffs on more than $360 billion in two-way trade, which has weighed on the two countries' manufacturing sectors and sent jitters through global markets. Other co...More..

GM cutting 4,000 workers in latest round of layoffs
by | Tuesday, February 05, 2019

GM cutting 4,000 workers in latest round of layoffs

The automaker is cutting blue-collar and white-collar staff, though numerous hourly employees will remain on the job until their factories complete the build-out of targeted models like the Chevrolet Cruze buil...More..

Trump to tap critic of agency to lead World Bank
by | Tuesday, February 05, 2019

Trump to tap critic of agency to lead World Bank

The nomination of Malpass would put a Trump loyalist and a skeptic of multilateral institutions in line to lead the World Bank, which committed almost $64 billion to developing countries in the year ended June ...More..

Apple pays France €500 million in back taxes
by | Tuesday, February 05, 2019

Apple pays France €500 million in back taxes

France has millions in back taxes coming to it from Apple. Last May, Apple handed over the first billion in a $ 15 billion Irish tax fine ordered by the European Union in 2016. In 2017, however, France's t...More..

Oil Slides on Disappointing U.S
by | Tuesday, February 05, 2019

Oil Slides on Disappointing U.S

International Brent crude oil futures on Monday were down 20 cents, or 0.32 percent at 0339 GMT to $62.54 a barrel, after closing up 3.14 percent in the previous session to their highest close since November ...More..

Retailer Charlotte Russe closing 96 stores, including in MOA and Burnsville Center
by | Tuesday, February 05, 2019

Retailer Charlotte Russe closing 96 stores, including in MOA and Burnsville Center

The company has received around $50 million in debtor-in-possession financing which will help it operate during the bankruptcy. In 2009, Charlotte Russe was acquired by private equity firm Advent Internationa...More..

No-deal Brexit one step closer after UK MPs' trip to Brussels
by | Tuesday, February 05, 2019

No-deal Brexit one step closer after UK MPs' trip to Brussels

The call was planned but came as Japanese auto giant Nissan said it was scrapping a major planned investment in Britain - sparking a heated debate about whether Brexit was to blame. "There are definitely opti...More..

Nissan chooses Japan over United Kingdom to build new X-Trail auto
by | Tuesday, February 05, 2019

Nissan chooses Japan over United Kingdom to build new X-Trail auto

The European Union's chief negotiator Michel Barnier said the backstop was the "only operational solution" to prevent a hard border on the island of Ireland. "As Prime Minister of the United Kingdom, it is a pr...More..

Google paid $7.4 billion to acquire traffic during the fourth quarter
by | Tuesday, February 05, 2019

Google paid $7.4 billion to acquire traffic during the fourth quarter

The quarter also marked the end of its fiscal year 2018, in which it posted a net profit of $30.7 billion on revenues of $136.8 billion. But operating losses also ballooned to $1.3 billion, a 78 percent increas...More..

Big four banks’ shares climb despite Hayne royal commission report
by | Tuesday, February 05, 2019

Big four banks’ shares climb despite Hayne royal commission report

The report's recommendations were largely supported by the conservative government immediately after its release. And to lead in a sustainable, long way. "Businesses have been broken, and the emotional stress a...More..

Tesla to buy energy tech company: What to know about Maxwell Technologies
by | Tuesday, February 05, 2019

Tesla to buy energy tech company: What to know about Maxwell Technologies

Why do we care? Maxwell's main focus is ultracapacitors , which accept and deliver charge quickly. The purchase price of US$4.75 a share, announced by Maxwell in a statement on Monday, amounts to about a 5...More..

Tesla makes cheaper version of Model 3 for China
by | Tuesday, February 05, 2019

Tesla makes cheaper version of Model 3 for China

Insideevs is directed at electric-vehicle enthusiasts and its prior estimates have tended to overestimate sales figures. Customers line up at Tesla's Beijing showroom to order the Model 3 in 2016. According...More..

Vice Media to cut 10 pct of workforce
by | Tuesday, February 05, 2019

Vice Media to cut 10 pct of workforce

This is what the New York Times had to say about the layoffs just a few days ago: Why the Latest Layoffs Are Devastating to Democracy . Vice Media is slashing 10 percent of its 2,500-member workforce as ...More..

Canada's largest cryptocurrency exchange owes its customers $190million
by | Monday, February 04, 2019

Canada's largest cryptocurrency exchange owes its customers $190million

Evidently Cotten was the sole person responsible for transferring QuadrigaCX funds between the company's " cold wallet " - secure, offline storage - and its "hot wallet" or online server, according to court d...More..

Americans Eat Absurd Amount Of Chicken Wings For Super Bowl
by | Monday, February 04, 2019

Americans Eat Absurd Amount Of Chicken Wings For Super Bowl

From your favorite burger chain to the pizza parlor. They are offering $7.99 large two-topping pizza online only, as well as 20% off at the National Football League shop if you order a pie on game day. "A...More..

Watch SpaceX Test Fire the Raptor Engine
by | Monday, February 04, 2019

Watch SpaceX Test Fire the Raptor Engine

He also said on Friday that the Raptor would be further optimized for operations in vacuum and at sea level. According to CNBC , the goal of the rocket is to be able to transport both humans and cargo to P...More..

Reliance Communications plunges 48% on decision to file for bankruptcy
by | Monday, February 04, 2019

Reliance Communications plunges 48% on decision to file for bankruptcy

They will implement the debt resolution plan through NCLT. The company is opting for debt resolution process to overcome the challenge of getting 100 percent lenders or creditors approval required for taking ...More..