Business

  • Trump owes at least $315.6 million to German and other lenders
    Trump_owes_at_least__315.6_million_to_german_and_other_lenders 2017-06-17 07:34:21 UTC
    WASHINGTON — President Donald Trump had personal liabilities of at least $315.6 million to German, U.S. and other lenders as of mid-2017, according to a federal financial disclosure form released late on Friday by the U.S. Office of Government Ethics. He had roughly $20 million in income from ...

  • Amazon to buy Whole Foods
    Amazon_to_buy_whole_foods_-_(mill_valley_whole_foods) 2017-06-16 17:34:24 UTC
    By Lauren Hirsch, Anya George Tharakan and Sruthi Ramakrishnan Amazon.com Inc said on Friday it would buy U.S. organic supermarket chain Whole Foods Market Inc for $13.7 billion, including debt, marking the internet retailer's largest deal and biggest foray into the brick-and-mortar retail secto...

  • Sweden’s Museum of Failure displays flops
    Sweden%e2%80%99s_museum_of_failure_displays_flops 2017-06-08 04:04:15 UTC
    HELSINGBORG, SWEDEN – Green Heinz ketchup? Fat-free Pringles? Colgate frozen lasagna? You don’t need to be an expert to know these products weren’t successful. Which is why these creations, with dozens of others, feature in the new Museum of Failure, a wacky parade of rejected products from ye...

  • Tech shares lead stocks to record highs and continue to rise
    Tech_shares_lead_stocks_to_record_highs_and_continue_to_rise 2017-06-04 05:28:11 UTC
    NEW YORK — Technology shares have led U.S. stocks to record highs and are expected to continue to rise, but as market value becomes concentrated in the largest companies, some are beginning to look for the next rally leader. The technology sector of the S&P 500 .SPLRCT has risen roughly 20 per...

  • Canada suspends talks with Boeing over jet purchase
    Canada_suspends_talks_with_boeing_over_jet_purchase 2017-06-01 19:20:32 UTC
    The Canadian government has suspended talks with Boeing over the planned purchase of Super Hornet jets as a stopgap measure, an official said on Thursday. "We have a capability gap, we outlined a process, our partner in that process is not acting like a valued partner right now so we've suspen...

  • New visa rules: 15 years biographical & 5 years social media
    New_visa_rules-_15_years_biographical___5_years_social_media 2017-06-01 05:41:55 UTC
    WASHINGTON — The Trump administration has rolled out a new questionnaire for U.S. visa applicants worldwide that asks for social media handles for the last five years and biographical information going back 15 years. The new questions, part of an effort to tighten vetting of would-be visitors ...

  • Global Warming: U.S. wants to plunder the planet
    Global_warming-_u.s._wants_to_plunder_the_planet 2017-05-31 18:28:52 UTC
    U.S. far-right nationalist President Donald Trump, who has previously called global warming a hoax, plans to make good on his campaign vow to withdraw the United States from a global pact to fight climate change, a move that promises to deepen a rift with U.S. allies, according to Reuters. N...

  • Facebook focuses on Vox, BuzzFeed and others for video service
    Facebook_is_focusing_on_vox__buzzfeed_and_others_for_video_service 2017-05-24 20:47:43 UTC
    NEW YORK — Facebook has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with ad breaks, according to several sources familiar wi...

  • Democrats Ask Deutsche Bank If Trump Accounts Have Russia Ties
    House_democrats_ask_deutsche_bank_if_trump_accounts_have_russia_ties 2017-05-24 20:04:14 UTC
    Democrats on a U.S. of House of Representatives panel have asked Deutsche Bank to provide information on whether any accounts connected to President Donald Trump have ties to Russia, adding another dimension to probes into connections between Moscow and Trump. Democrats on the U.S. House Finan...

  • German's Aldi is going to beat the largest US retailer at its own game
    German's_aldi_is_going_to_beat_the_largest_us_retailer_at_its_own_game 2017-05-11 06:57:56 UTC
    German grocery chain Aldi is going to beat the largest US retailer at its own game: low prices. Already with 1,600 U.S. stores, Aldi’s internal studies show its prices are 21 percent lower than its lowest-priced rivals, including Wal-Mart Stores Inc, according to Chief Executive Jason Hart. He...

  • Public records shows how Trump is using pension funds to enrich himself
    Trump_soho_hotel_scandal 2017-04-26 18:37:14 UTC
    By Julia Harte | WASHINGTON — Public pension funds in at least seven U.S. states have invested millions of dollars in an investment fund that owns a New York hotel and pays one of President Donald Trump's companies to run it, according to a Reuters review of public records. That arrangement could...

  • Trump's Tax Plan With Big Cuts For Businesses Like His
    Trump's_tax_plan_with_big_cuts_for_business_like_his 2017-04-26 18:33:19 UTC
    WASHINGTON — Trump proposed slashing the U.S. tax rate on corporate and pass-through business profits to 15 percent from 35 percent or more, while also offering tax cuts to average Americans in a rough outline of his tax policy goals. A one-page summary of his proposals, released at a White Ho...

  • Protesters To Trump: We Want To See Your Tax Returns
    Protesters_to_trump-_we_want_to_see_your_tax_returns 2017-04-16 05:20:35 UTC
    WASHINGTON/ NEW YORK — Tens of thousands of people marched through midtown Manhattan and dozens of U.S. cities on Saturday to demand that President Donald Trump release his tax returns and to dispute his claim that the public does not care about the issue. Organizers of "Tax March" in more tha...

  • Tesla Beat GM To Become Most Valuable US Auto Maker
    Tesla_beat_gm_to_become_most_valuable_us_auto_maker 2017-04-10 21:23:22 UTC
    By Noel Randewich | SAN FRANCISCO Tesla Inc (TSLA.O) on Monday became the most valuable U.S. car maker, reaching a market capitalization of $50.887 billion and edging past General Motors (GM.N) which produces many more cars. Helped by an analyst's recommendation, the luxury electric car maker...

  • Twitter Refuses To Reveal User Behind Anti-Trump Account
    Twitter_refuses_u.s._order_to_reveal_user_behind_anti-trump_account 2017-04-07 04:52:53 UTC
    By David Ingram | SAN FRANCISCO — Twitter Inc on Thursday filed a federal lawsuit to block an order by the U.S. government demanding that it reveal who is behind an account opposed to President Donald Trump's tough immigration policies. Citing freedom of speech as a basis for not turning o...

  • "Tough Market": U.S. Car Market Boom Starts Losing Steam
    %22tough_market%22-_u.s._car_market_boom_starts_losing_steam 2017-04-03 16:44:32 UTC
    By Nick Carey | DETROIT — Major U.S. automakers on Monday posted sales figures for March that came in below market expectations and heightened concerns the country's boom in vehicle sales may be losing steam, sending shares in car companies down. General Motors Co (GM.N) and Fiat Chrysler ...

  • Michael Flynn Failed To Disclose Payments From Russia
    Mike_flynn_worked_as_a_%e2%80%9cforeign_agent%e2%80%9d_for_the_turkish_government 2017-04-02 01:52:51 UTC
    Washington — Michael Flynn, Trump's former national security adviser, failed to disclose payments from a Russian television network and a second firm linked to Russia in a February financial disclosure form, according to documents released by the White House on Saturday. In a financial disclos...

  • Uber suspends self-driving car program after Arizona crash
    Uber_suspends_self-driving_car_program_after_arizona_crash 2017-03-25 23:39:22 UTC
    By Gina Cherelus Uber Technologies Inc [UBER.UL] suspended its pilot program for driverless cars on Saturday after a vehicle equipped with the nascent technology crashed on an Arizona roadway, the ride-hailing company and local police said. The accident, the latest involving a self-driving ve...

  • Mexican companies should not participate in Trump's border wall
    Mexican_companies_should_not_participate_in_trump's_border_wall 2017-03-22 05:20:11 UTC
    By Anthony Esposito | MEXICO CITY — Mexico's government on Tuesday warned Mexican companies that it would not be in their best "interests" to participate in the construction of U.S. President Donald Trump's border wall, though there will be no legal restrictions or sanctions to stop them if t...

  • Google apologizes for ads alongside offensive videos on YouTube
    Google_apologizes_for_ads_alongside_offensive_videos_on_youtube 2017-03-20 19:20:23 UTC
    By Esha Vaish and Kate Holton Google apologized on Monday for allowing ads to appear alongside offensive videos on YouTube as more high-profile firms such as Marks & Spencer (MKS.L) and HSBC (HSBA.L) pulled advertising for British markets from Google sites. The British government has susp...

  • Agriculture leaders slam Trump's budget proposal
    Agriculture_leaders_slam_trump's_budget_proposal 2017-03-16 22:49:57 UTC
    By Karl Plume and P.J. Huffstutter | CHICAGO — Agriculture leaders including lawmakers from President Donald Trump's Republican Party on Thursday criticized his planned 21 percent cut to discretionary spending at the U.S. Department of Agriculture (USDA), saying it could take a toll on the ...

  • Trump out of touch with environmental concerns: Reopening the fuel-economy rules
    Trump_out_of_touch_with_environmental_concerns-_reopening_the_fuel-economy_rules 2017-03-15 22:11:17 UTC
    By Nick Carey and David Shepardson | DETROIT/WASHINGTON — President Donald Trump on Wednesday ordered a review of tough U.S. vehicle fuel-efficiency standards put in place by the Obama administration, handing a victory to auto industry executives and provoking criticism from Democrats and env...

  • Euronet Worldwide launched a $1 billion bid for rival MoneyGram
    Euronet_worldwide_launched_a__1_billion_bid_for_rival_moneygram 2017-03-14 22:19:19 UTC
    By Sruthi Shankar and Anna Irrera | U.S. electronic payments company Euronet Worldwide Inc (EEFT.O) launched a $1 billion bid for rival MoneyGram International Inc (MGI.O) on Tuesday, arguing that its all-American deal would face less regulatory scrutiny than a lower bid by Ant Financial Ser...

  • Oil fell, U.S. crude prices fell through the $50/barrel
    Oil 2017-03-09 21:04:48 UTC
    By Devika Krishna Kumar | NEW YORK — Oil fell about 2 percent on Thursday, extending the previous session's slump to prices not seen since an OPEC-led pact to cut production was agreed, as record U.S. crude inventories fed doubts about the effectiveness of the deal to curb a global glut. U...

  • Trump's Border Wall: Enough Money To Cover A Mile
    Mexico_gave_a_cool_reception_to_visiting_senior_u.s._officials 2017-03-02 10:49:34 UTC
    By Julia Edwards Ainsley | DHS has just $20 million for Trump's border wall. WASHINGTON — President Donald Trump’s promise to use existing funds to begin immediate construction of a wall on the U.S.-Mexico border has hit a financial roadblock, according to a document seen by Reuters. The ...