Economy

Elon Musk tweets about taking Tesla private, shares soar

Musk triggered a spike in Tesla's share price shortly before 1 p.m. with a tweet : "Am considering taking Tesla private at $420". Many major Wall Street bank...


Iran refuses talks with United States under coercion

Iran's parliament has called on Rouhani to answer questions about why more has not been done to buffer Iranians from the full force of U.S. sanctions, since h...


Apple hits $1,000,000,000,000

Apple's fast-growing services business, as well as strong hints that a new iPhone launch is in the cards for the coming months, appears to have bolstered inv...


Financial fruit: Apple becomes 1st trillion-dollar company

The share price jumped by more than 8 percent this week after Apple reported impressive quarterly earnings on Tuesday, driven largely by strong sales for hi...


Harley goes adventure-touring | Meet the Pan America 1250

The company's growth plan through 2022 includes attracting those who have never owned a motorcycle , developing smaller urban dealerships and "unlocking new ma...


NY regulators revoke Charter merger, tell them to leave

Experts have reported that Charter Communications is going to be putting an appeal to the order made by the state of NY, though it likely will not be flipped ov...


Trump hails USA economic growth spurt, promises more ahead

Few economists outside the administration agree with this claim . The Bureau of Economic Analysis announced Friday that the nation's gross domestic product...


Mark Zuckerberg just lost almost $16 billion in one day

Last quarter, Facebook also was undermined by the reaction to its involvement with Cambridge Analytica , the third-party developer accused of mishandling dat...


Donald Trump threatens North Atlantic Treaty Organisation ally Turkey with sanctions over detained USA pastor

US President Donald Trump and Vice-President Mike Pence have threatened Turkey with sanctions if it fails to release jailed pastor Andrew Brunson . Hal...


USDA commits $12B for farmers, ranchers affected by tariffs

Trump has placed tariffs on imported steel and aluminum, saying they pose a threat to USA national security, an argument that the European Union and Canada re...


Trump suggests cutting all tariffs ahead of key meeting with EU

Earlier Tuesday, the US president declared "Tariffs are the greatest! " and threatened to impose additional penalties on USA trading partners. He warned that t...


Iran says Trump 'won't dare' attack despite all-caps threat to Rouhani

Mr Rouhani suggested peace was still possible and said: "America must understand well that peace with Iran is the mother of all of peace, and war with Iran is...


China says threats, intimidation on trade will never work

Across the Tasman, investors will be watching Australian consumer confidence. The index posted a final reading of -0.5 in the prior month. Inside China, the ...


Tesla Stock Stumbles as Company Asks Suppliers for Help Turning a Profit

Elon Musk's struggling auto company made the rebate request in a memo, according to the report . He wrote early Monday: "Only costs that actually apply to...


Salmonella contamination: crackers and chicken nuggets recalled

Mondelez Global LLC is voluntarily recalling certain Ritz cracker products in the USA over salmonella concerns. The breaded nuggets, offered at Maxi, Provig...


Trump ups tariff threat, slams Fed, big USA trading partners

After the interview, Trump reiterated criticism of planned interest-rate hikes by the Federal Reserve , saying in a Twitter post that tightening policy would...


Ritz Cracker products recalled over Salmonella fears

Virgin Islands, due to concerns about possible Salmonella contamination . "Healthy people may experience short-term symptoms such as fever, headache, vomiting,...


Trump Threatens to Slap Tariffs on Everything Imported From China

He again said he was willing to ramp up his attacks on China, potentially imposing punitive tariffs on all of the $505.6 billion in goods imported from that nat...


Pichai responds to European Union fine, hints Google might start charging for Android

Google will account for a third of all global mobile ads in 2018, according to research firm eMarketer, giving the company around $40 billion in sales outside t...


Boris blasts Brexit plan but doesn't threaten leadership challenge

Davies is in a relationship with Tory welfare secretary Esther McVey, and she is one of two cabinet ministers that Downing Street fears could follow David Davis...