Markets

Fed Chair Says He Won't Resign If President Trump Asks Him To

Speaking after months of volatility in world bond and stock markets, Powell avoided some of the communication missteps that in the past have roiled rather than ...


B.C. housing market shows signs of moderation: assessment agency

In many parts of central and northern Vancouver Island, values were increasing closer to +20%. "When properties similar to your property are sold around July ...


Local News Should you file your taxes during the government shutdown?

The Internal Revenue Service is one of the agencies impacted by the shutdown, and it's now operating with only 12.5 percent of its workforce, according to CN...


Apple Stock Price Plunges After Earnings Warning

Both are not optimistic about emerging markets and see a slowdown. We have been flagging China demand issues since late September and Apple's guidance cut con...


How major U.S. stock indexes fared Monday

Following solid gains throughout the day, the Dow Jones Industrial Average rose 265.06 points, or 1.15 percent, to 23327.46 on Monday. Shares of Netflix and...


RBI Reduces Printing Of Rs 2,000 Notes

In all likelihood, the denomination will be gradually phased out. A report in The Print said, "The decision comes on the back of suspicion in the Modi gov...


Apple Says Cheap Battery Swaps To Blame For Wonky Sales

The stock has fallen about 30 percent since Cook said in November that the company may miss its holiday quarter sales estimate. "While we anticipated some cha...


Airport water fountains tested after passengers get sick

The primary symptom was vomiting , Tampa International Airport officials told CBS Tampa affiliate WTSP . Representatives from Cleveland Hopkins Internation...


How to get rid of your old Christmas Tree

In most places, people who leave trees out with tinsel on them won't have them picked up. Large trees over five feet tall will need to be cut into smaller pie...


McDonald’s employee attacked by man over a straw. She fought back

In the video , Daniel Willis Taylor, 40, reached out and grabbed the woman who quickly fought back. In an instant, he violently grabs her and she goes flying a...


Local Business Reacts to Minimum Wage Increase

The hourly minimum wage for tipped employees will be $4.55 per hour effective January 1, 2019, half the minimum wage for non-tipped employees. This 2019 minim...


Apple sees a significant slump in iPhone sales

Wasting no time, Cook throws out revenue and expense numbers followed by the reverberating message that has been echoed across almost every publication that cov...


Cathay Pacific sells $21900 premium seats for $922 in ticketing blunder

While Cathay didn't immediately say whether it would honor the bookings, the mistake adds to the embarrassments for the Hong Kong carrier that's struggling to...


Activision Blizzard is firing its CFO

In a recent securities filing from Activision Blizzard Inc., it was revealed that the company's current Chief Financial Officer (CFO) Spencer Neumann is pen...


Tesla shares tumble after production figures disappoint

After several production and delivery snafus Tesla finally reached a self-imposed deadline to produce 5,000 Model 3s a week at the end of June. Model 3 sales ...


Mega Millions' New Year's Day jackpot up to $415 million

In a potentially lucrative start to the year for America's lottery players, the Mega Millions jackpot climbed to $415 million in a drawing set to take place on ...


Kentucky police ‘in tears’ after donut truck catches fire

Officers rushed to the scene near Man o' War Boulevard and Pink Pigeon Parkway and were able to quickly put the fire out, WKYT reported . Two pictures show...


Florida minimum wage rises to $8.46 per hour beginning Tuesday

The state and local wage laws come amid a multi-year push by unions and liberal advocacy groups to raise the minimum wage to $15 an hour nationwide. Currently...


Tesla names two new directors

Elon Musk's announcement came late in the year, but it is good news to buyers. For Tesla ( TSLA ), the tax credit is winding down at a awful time. However, i...


6 injured due to jet bridge 'equipment failure' at airport

Southwest Airlines said the flight arrived at BWI from Punta Cana, Dominican Republic, with a request for paramedics to meet it to check out a passenger's "on...


Cyberattack hits major US newspapers and affects distribution

Tribune Publishing, which owns the Chicago Tribune and the Sun , as well as the New York Daily News and Orlando Sentinel , said it first detected the m...


Land Rover Defender returns to the U.S., and that's awesome as hell

We believe that it will be the same story on the inside with a mix of old school design and new Land Rover tech. Of course, the new Defender is the latest...


Sears, facing liquidation, says it will close 80 more stores

Sears is closing 80 more stores as it teeters on the brink of liquidation. Going out of business sales will start within two weeks. NY time under procedures o...


Wells Fargo to pay $575m settlement for setting up fake banking accounts

As of the end of the third quarter of 2018, Wells Fargo had set aside $400 million of the settlement amount and expects to allocate the remaining $175 million b...


Two local Sears stores to close

Only then could ESL take part in an auction against liquidation bids on January 14. But the iconic retailer is reportedly already considering closing up to 80...