Markets

Altria nears Juul stake deal, valuing it at $38 billion

The deal is making Juul founders Adam Bowen and James Monsees the first e-cigarette billionaires . Altria's investment puts Juul's valuation at $38 billion...


YouTuber Tricks 'Porch Pirates' with Rigged Glitter Bomb Package

While the recordings work to possible identify the "porch pirate", no one has successfully been able to stop a thief in action. Rober got the idea after catch...


Government Shutdown: What you need to know

The U.S. Postal Service won't be affected because it is an independent agency, so you can expect last-minute packages and holiday cards to be delivered. Many ...


Movie tickets to become cheaper as GST Council cuts tax rates

After the Goods and Services Tax (GST ) Council meet on Saturday, government said that six items have been removed from the 28 per cent tax slab under the Go...


Angel tax, a dampener for entrepreneurial ecosystem

The decision was made during a crucial meeting of revenue secretary Ajay Bhushan Pandey, DIPP secretary Ramesh Abhishek and CBDT chairman Sushil Chandra . ...


Ford Recalls Full-Sized Pickups | Engine Fire Risk

Ford said water and contaminants may get into the block heater cable's splice connector, causing corrosion and damage and potentially a fire. The recall affec...


Fed raises interest rates by 25 bps, signals more hikes

The US Federal Reserve has raised interest rates and said it was keeping the core of its plan to tighten monetary policy intact even as central bank officials s...


Apple’s iPhone 7 and 8 are now banned from sale in Germany

Qualcomm insists on charging exorbitant fees based on work they didn't do and they are being investigated by governments all around the world for their behavio...


Video showing murder of young tourist in Morocco likely authentic, Norway says

The authorities' investigation revealed four men suspected in the killings follow an extremist ideology and have ties to a terrorist group, a source told dpa....


The stock market really hates Fed Chairman Jerome Powell's decisions

In a related move, the Fed lifted the interest rate it pays on bank reserves deposited at the central bank by just 20 basis points, instead of the usual 2...


Court rejects request to extend detention period of Ghosn, Kelly:The Asahi Shimbun

In addition to charges against Ghosn and Kelly, prosecutors have also indicted Nissan , as the company submitted the official documents that allegedly under-...


Facing deadline, U.S. Congress steers toward preventing federal shutdown

The Senate approved a short-term spending bill that would fund several departments through February to avert a looming partial government shutdown . Failure ...


GoFundMe campaign: Want to build the wall?

It was a tacit acknowledgment that Congress was unlikely to fund the wall and marked a move away from Trump's tough rhetoric last week that he would be "proud" ...


Gender gap in sub-Saharan Africa 'will take 135 years to close'

WEF said that there was a year-on-year deterioration of political empowerment of women, "partly attributed to the lower tenure of women in head-of-state roles a...


Markets Right Now: Plunging oil price sinks energy stocks

The Fed meets Wednesday and is widely expected to raise rates again. The Dow Jones Industrial Average lost 505.56 points on Monday, a decline of 2.10 percen...


No one can dictate China’s economic development path, warns Xi Jinping

In a veiled criticism of Mao and the Party, Xi recalled that the Cultural Revolution (1966-1976) had brought the country's economy to the brink of collapse and ...


Britain's Gatwick airport reopens after 6-hour shutdown over reports of drones

All flights to and from the airport were suspended on Wednesday night with planes being diverted to other United Kingdom airports, including Manchester, Luton a...


China detains third Canadian in Huawei feud

Beijing has not said if the two arrests were made in retaliation for Meng's detention, and the Canadian government has stressed that there is no explicit link ...


Facebook Reportedly Gave Tech Companies Access to User Data Beyond Disclosures

The Times interviewed over 60 people , including "former employees of Facebook and its partners, former government officials and privacy advocates" to gather ...


Elon Musk bores tunnel to revolutionize city driving

The ride was bumpy enough to give one reporter motion sickness during the ride, a side effect Musk chalked up to growing pains on his mission to rid the world o...


Oil drops over 5% on economic slowdown fears, supply glut

Brent, which has slipped more than 4 percent in the past three sessions, fell to as low as $58.10 a barrel on Tuesday, down more than $1.50 from the previous da...


Man tried to pay for McDonald's with bag of weed

However, Gallagher returned to the drive-thru later and officers, who had been given a description of the vehicle and Gallagher, stopped him. Police say Galla...


Oil continues to flop on gains, WTI returning to $51.00

Demand continues to struggle with oversupply, keeping crude barrel prices at uncomfortably low levels . U.S. West Texas Intermediate crude futures were at $52.1...


Watch this guy glitter bomb package thieves in the ultimate revenge

Within seconds, they're covered with a "butt load" of fine glitter and repeatedly showered with fart spray. The latest video on his YouTube channel shows how ...


After likely rate hike, all bets are off

The tweet comes in the wake of a declining U.S. stock market. President Donald Trump has repeatedly criticized the Fed for raising rates, saying its strict ...