Markets

Canada legalizes recreational marijuana after Senate passes ‘historic’ legislation

The bill fulfills a campaign promise made by Prime Minister Justin Trudeau who was elected in 2015. As provinces decide local rules of implementation, marij...


Trump threatens more tariffs on European Union imports

The United States now imposes a 2.5% tariff on imported passenger cars from the European Union and a 25%tariff on imported pickup trucks. President Trump ha...


Tesla layoffs prompt solar facility closures in 9 states

The suit also outlined some of the misleading and sabotaging information Tripp had shared with media such as false claims that punctured battery cells ha...


Supreme Court's online sales tax ruling gives states a win

A 2015 estimate put the total loss to states at $26 billion. The state could bring in up to $40 million more per year from taxing online sales, he estimated. He...


OPEC enters meeting that could set direction of oil prices

Tensions spiked last night when Iranian Oil Minister Bijan Zangeneh stormed out of the Joint Monitoring Committee Meeting and told journalists that it was not...


Supreme Court closes online sales tax loophole

For the full story, head on over to CNN Money . States were missing out on around 25 percent of the tax from online sales, according to the Government Accoun...


China Trade Dispute Worries Investors

Three people close to Apple , who remained anonymous because they are not authorized to speak for the company, say that the tech giant's top worry is that th...


OPEC edges closer to raising oil output, Iran's agreement is key

It isn't oil producers calling the shots during today's favorable market for energy producers; rather a tacit agreement between the biggest producer and the b...


Hackers steal $30 million from top Seoul bitcoin exchange

For now, Bithumb is moving the remainder of its funds into a cold wallet to avoid further risk. Just weeks after Korean crypto exchange Coinrail lost $4...


Trump assails Canadian tariffs, accuses people of smuggling USA goods home

We appreciate it. They fought World War I with us, and we appreciate it, but we're protecting each other", he said before lashing out at NAFTA and Canadian tari...


Elon Musk says Tesla factory was sabotaged by disgruntled employee

In the Monday email, Musk said the saboteur had admitted to altering software in the company's manufacturing operating system, which could have slowed down or...


Trump threatens 10% tariff on $200bn of Chinese goods

Last week, Mr. Trump announced plans for tariffs on $ 50 billion worth of imports from China in the technology sector, a move aimed at what he called "br...


Escalating trade war between US & China sends shock waves through markets

The Trump administration said Friday that it will impose a 25% tariff on $ 50 billion of Chinese exports. On Friday, I announced plans for tariffs on $50 b...


Disney Seen Adding Cash To Fox Bid; Pivotal Fears Comcast Bidding War

Under the proposed plans, Sky News would receive guaranteed funding of £100 million ($132 million) a year. If Disney ultimately proves to be the new owner o...


Audi CEO arrested in diesel emissions probe

German news agency dpa reported that prosecutors made a decision to seek Stadler's arrest due to fears he might try to evade justice. A German judge has ord...


Netflix show director's Tesla auto catches fire 'out of the blue'

The footage, dated June 15, shows a auto engulfed in flames while parked at the side of the road in California . The video was posted on Twitter by actre...


Amazon Prime launches in Australia, but shoppers won’t see same-day delivery

Amazon will likely be hoping that the Australian launch of Prime will help temper some of the recent criticism the shopping giant has faced locally. Amazon's ...


China vows retaliation for US tariff hike

On June 15, the USA announced additional tariffs of 25 percent on Chinese imports worth approximately 50 billion U.S. dollars. Tariffs on $34 billion of...


Trump taps Kathy Kraninger to head Consumer Financial Protection Bureau

The White House confirmed the news in a statement Saturday, suggesting she would replace White House Budget Director Mick Mulvaney. Since then, Mulvaney has s...


McDonald's to stop using plastic straws in Irish restaurants

The paper used for the new straws will be drawn from sustainable forests and will be made by two companies, one of which is based in Northern Ireland. The Su...


Technical glitch with American Airlines causes headaches for thousands of travelers

Hundreds of travelers are stuck at the Charlotte Douglas Airport in Charlotte, N.C., because of a technical glitch, and it's affecting flights here in Arkansas....


China state media attack USA tariffs, leave scope for negotiation

Trump has vowed to fulfill his campaign pledge to crack down on what he contends are China's unfair trade practices and efforts to undermine USA technology and...


Euro heads for worst week in 19 months on ECB's cautious stance

US Retail Sales and Unemployment Claims - Expectations - Retail sales are expected to rise 0.4% in May, following a 0.2% increase in April and a 0.7% gain in Ma...


Trump announces tariffs on $50 billion in Chinese imports

He first announced that the United States would impose trade penalties on about $50 billion of Chinese goods in March. While much of the USA apparel manufac...


McDonald's to replace plastic straws with paper ones

McDonald's said its decision followed a successful trial in selected restaurants earlier this year. The activist group SumOfUs estimates that every day, Mc...