Business

New York Democrat Andrew Cuomo said on Wednesday night that he is vowing to make marijuana legal in New York by the end of 2020.  The NY Governor had said his agenda in 2019 was prioritizing […]

Follow

The spike in oil prices due to the escalating conflict between the United States and Iran is causing investors to worry that U.S. corporate earnings will be crimped by rising energy costs, Reuters writes. While […]

Follow

European shares fell on Wednesday and U.S. equity futures pointed to weakness on Wall Street after Iran’s attack on U.S.-led forces in Iraq, but earlier sharp market moves were starting to fade as fears abated […]

Follow

Tesla beat Wall Street estimates for annual vehicle deliveries and met the low-end of its own target, sending shares to a record high in a vindication for Chief Executive Elon Musk after a few turbulent […]

Follow

Global stock markets were mixed Friday after Wall Street rose amid optimism that U.S.-Chinese trade relations are improving. Frankfurt, Paris and Hong Kong gained in early trading. London and Shanghai were unchanged and Tokyo declined, The […]

Follow

Elon Musk lost his position as Tesla Chairman after posting a notorious tweet in August last year that he was “considering taking Tesla private at $420. Funding secured”. Over a year later, Tesla stock briefly […]

Follow

A federal judge in Manhattan on Thursday rejected a request by Turkey’s state-owned Halkbank to put on hold a federal prosecution accusing it of helping Iran evade U.S. economic sanctions, Reuters informed. U.S. District Judge […]

Follow

U.S. shoppers spent more online than in retail stores during the shortest winter shopping season in the past six years, with online sales hitting a record high, a report by Mastercard showed, Reuters informs. The […]

Follow

The dollar stood near two-week highs on Monday after decent U.S. economic data was released on Friday, while sterling recovered following last week’s big drop, Reuters writes. The euro was little changed below $1.11. With […]

Follow

For observers of the evolution of spaceflight, this week brought with it mixed news. Boeing’s CST-100 Starliner launched into orbit with a plan to dock with the International Space Station — but that plan was […]

Follow

Tesla bucked a downturn in the world’s biggest electric-vehicle market as new-car registrations soared 14-fold last month in China, giving the Model 3 maker some momentum as it prepares to begin deliveries from its multibillion-dollar […]

Follow

With wisps of smoke still rising from the remnants of another night of violence, the workers came in the morning to salvage what merchandise they could from the torched warehouses in Baghdad’s central commercial district, […]

Follow

Saudi Arabia turned to its Gulf ally the United Arab Emirates when it needed help convincing Russia to sign on to deeper oil supply cuts at this month’s OPEC meeting, Reuters informed. The UAE’s de-facto […]

Follow

Boeing got a clear message from the Federal Aviation Administration: The grounded 737 Max won’t get approval to fly again anytime soon. So the company had little choice but to idle the giant factory where […]

Follow

The U.S. Treasury Department on Friday delisted three Russian companies sanctioned over their association with a known cybercriminal, due to an apparent case of mistaken identity, Meduza reports. The companies — Vertikal, OOO, Yunikom, OOO and TSAO, […]

Follow

The S&P 500 and the Dow industrials ended up with little changed on Friday, hitting record highs in the session, as the United States and China announced an initial trade agreement, cooling tensions that have […]

Follow

Saudi Aramco shares opened up 10% on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought by Saudi Crown Prince Mohammed bin Salman, Reuters informs. The shares opened […]

Follow

Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday, Reuters reported. The bribery […]

Follow

Wall Street ended solidly higher on Friday as a strong jobs report and optimism about U.S.-China trade negotiations ahead of an upcoming deadline helped stoke investor risk appetite, Reuters reported. All three major U.S. stock […]

Follow