[an error occurred while processing the directive]

Stories about Business

Aug 15 2018

Tesla Board 'Totally Blindsided' by Musk's Suggestion to Take Company Private

Musk said that since his Twitter post on the possibility of a deal the managing director of the Saudi fund had expressed support for proceeding, subject to financial ...

Aug 15 2018

Rupee breaches 70/$ as investors turn jittery over Turkish currency turmoil

The rupee on Monday touched an all-time low of 69.62 per dollar in early trade, tracking broader weakness in other emerging market currencies on concerns of a spill-over ...

Aug 14 2018

Turkey's currency crisis triggers global worries, Middle East News & Top Stories

Turkish President Recep Tayyip Erdogan on Monday promised action against " economic terrorists " plotting to harm Turkey by spreading false rumours and vowing that...

Aug 14 2018

Turkey says Trump tariff move will harm ties, vows retaliation

Despite Trump's insistence, Turkey has not budged in freeing American pastor Andrew Brunson, who has been detained by Turkey for nearly two years on charges that he was w...

Aug 13 2018

S&P 500, Dow end lower with energy, financials; Tesla falls

The gains come as the latest data pointed to the strength in the labor market, underscoring the health of the economy despite ongoing trade tensions. Microchip Technolo...

Aug 09 2018

Tesla shares down as Wall Street digests take-private plan

Shares rose 11 percent Tuesday but fell almost 2 percent at midday Wednesday to $372.38. The Times article went on to mention that, if Musk has not in fact fully secu...

Aug 08 2018

Elon Musk is seriously considering taking Tesla private

Trading for Tesla stock was re-activated fifteen minutes before the closing bell was rung, and the automaker closed the day up 12 percent, realizing a massive $6 billion+...

Aug 07 2018

Trump admin snaps first nuclear deal sanctions back on Iran

Just after the clock strikes midnight, it will usher in a new day and a return to past USA policy: As of 12:01 a.m. ET Tuesday, the Trump administration says it will re...

Aug 04 2018

China threatens new tariffs on $60bn worth of U.S. goods

The tariffs would be imposed at four different tax rates, China's Ministry of Commerce said in a statement . US exports had an unusual surge this spring as other cou...

Aug 01 2018

Harley-Davidson Is Hoping To Save Itself With New Designs

Harley-Davidson is also changing its retail strategy and expanding its push internationally following declining US sales. Meanwhile, the company will continue its devel...

Jul 31 2018

For Big Mac's 50th anniversary, McDonald's is giving away free burgers

The coins come in five different designs featuring the art, music, and pop culture elements that represent each decade of the Big Mac's life. More than 6.2 million MacC...

Jul 30 2018

Charter Communications Banned from Doing Business In New York State

The company said its workers "remain focused on delivering faster and better broadband to more New Yorkers, as we promised". During the transition process, Charter must c...

Jul 30 2018

Twitter shares fall as it prioritises fixing platform over user growth

It's also possible that Facebook's disappointing quarter, from an investor expectations perspective, compounded the negative reaction to Twitter's earnings. Twitter s...

Jul 28 2018

Modi leaves for home after concluding three-nation Africa tour

The summit , which started on Wednesday and will end on Friday, is an global relations conference attended by the heads of state and government of the five member states...

Jul 27 2018

$15 billion wiped off Mark Zuckerberg's net worth in one day

Chief financial officer David Wehner warned Wednesday in an earnings call with analysts that revenue growth had already "decelerated" in the second quarter and would drop...

Jul 27 2018

Who is Andrew Brunson, The Pastor Prompting Sanctions Threats Against Turkey?

Turkish-US relations are already strained over Washington's refusal to extradite Gulen as well as American backing for a Kurdish militia in Syria which Turkey says is lin...

Jul 27 2018

Lopez Obrador seeks NAFTA deal, appeals to 'anti-establishment' Trump

U.S. President Donald Trump told Mexico's President-elect in a letter that a quick renegotiation of the North American Free Trade Agreement (NAFTA) would bring more job...

Jul 26 2018

Trump Says China is Targeting U.S. Farmers, Being 'Vicious'

WaPo reports that Trump wants GPO leaders to "trust his business acumen". In another tweet, Trump claimed that "Negotiations are going really well, be cool". While wh...

Jul 25 2018

U.S. to give farmers $12bn trade war bailout

At a speech Tuesday, he asked farmers to not believe reports that a trade war is a bad thing. This comes as President Donald Trump appears at the Veterans of Foreig...