Business

UK lawmakers publish plan to break Brexit impasse

May had hoped that last-minute assurances from European Union chiefs on key sticking points in her deal, chiefly the backstop proposal to keep the Irish border ...


U.S. to end preferential trade status for India

The government confirmed on Tuesday that the United States has given a 60-day withdrawal notice to India on the Generalised System of Preferences ( GSP ) benefi...


South Korea calls for three-way talks after collapse at Trump-Kim summit

Bolton told CBS's " Face the Nation " that Trump's failure to obtain commitments from Pyongyang on destroying its nuclear capability should be seen as "a succes...


Victoria's Secret closing more than 50 stores

The owner, L Brands , is looking to close the worst performing stores. A Victoria's Secret spokesperson didn't return Advance request for comment about wheth...


Telsa is going online-only for car sales, closing retail stores

Musk did not give an indication as to how many employees will be laid off. As of the fourth quarter, Tesla said it recently opened 27 new locations, bringin...


Trump must enter Venezuela 'if he wants to be re-elected' in 2020

Reuters quoted diplomats as saying the USA version is likely to receive the required nine votes in the council but is expected to fail due to a Russian veto. "...


Zion Has Played His Last Game for Duke

It said it was "working to identify the issue". Cousins said instead of requiring a player to attend one year in college, he's in favor of allowing them to pl...


Payless Shoes Going Out Of Business; Liquidation Starts Sunday

But with no deal in sight, the company has chose to start preparations to liquidate, the report said . Despite widely-spread news reports, Payless has not made...


Maduro: US corporations want Venezuela's resources

Guaido says the May 2018 vote in which Maduro won a second term was a sham and on January 23 invoked a constitutional provision to declare himself president, pr...


Theresa May made KEY Brexit admission during Belfast speech, claims transport expert

She spoke with business leaders in Tokyo on Tuesday, telling them that despite the March 29 deadline and Brussels rejecting any renegotiation of the existing a...


Economy Adds 300,000 Jobs in January Despite Shutdown, Defying Expectations

The numbers exclude farm work, which is seasonal and often volatile. "In headline terms it is another excellent payrolls report with strong job growth, dece...


Maduro: Trump out to kill me

In addition, he counts on the support of the military. Instead, in the case of Venezuela , Bolton has emerged as the public face of a policy by dragging into s...


United States hands bank accounts to Venezuela's Guaido

Some 75 per cent of the country's cash-generating oil shipments go the USA, according to Barclays, but Mr Maduro retains the support of Russia, China, Turkey...


US Charges Huawei, Affiliates, CFO With Conspiracy, Stealing Trade Secrets

The US contends that Meng, 46, a daughter of Huawei's founder, committed bank fraud to sidestep sanctions against doing business with Iran. In addition, 10 US...


Australia supports Venezuela opposition leader Juan Guaido

National Security Adviser John Bolton told reporters at the White House that Trump's action would block US$7 billion in Venezuelan assets and reduce the count...


Memos: Facebook allowed 'friendly fraud' to profit from kids

Facebook has been accused of not caring if game companies diddled children and their parents out of millions of dollars with in-game purchases, following the un...


Putin supports legitimate Venezuelan authorities

The United States said it was ignoring the order as it did not believe Maduro was still president and instead recognized as interim leader Juan Guaido , th...


Google Slapped with $57 Million Fine in Landmark GDPR Case

Google, for its part, acknowledged that "high standards" of transparency and control are expected of the company by the public and that Google is "committed t...


US Fed officials see future of rate hikes "less clear"

Before those comments, investors had been sending stocks lower out of fears that the Fed would make a mistake and tighten credit too much, possibly sending the ...


Fostoria's Kmart closing in March

Lampert and his hedge fund, ESL Investments Inc., also didn't respond to messages. The plan includes keeping 425 stores open and a $1.3 billion financing commit...


Wellsville Kmart closing in March

Earlier this month, Lampert, who has controlled Sears for more than a decade, made a preliminary bid that included hedge fund Cyrus Capital Partners . Sears' c...


Dow drops 400 points following its worst week in a decade

The tech-heavy Nasdaq lost 127 points, or 1.9 percent, to 6,427. The S&P 500 - which had been on the verge of bear market territory, which is when a marke...


Shoppers head to South Florida malls for last-minute Christmas gifts

Target will stay open until 10 p.m. on Christmas Eve . And so does Kohl's which has been open non-stop since 7 a.m. on December 21. Foodarama Market: Ch...


Nasdaq in bear market, first of the three major USA indexes

The Dow Jones tumbled more than 400 points in a rough week as investors grew skittish following the Federal Reserve's decision to enact a rate hike as l...


Tobacco Giant Altria Takes $13 Billion Stake In Juul Labs

Under the agreement, Altria's only entry into the e-cigarette market will be through Juul for at least six years. Altria also brings years of lobbying experti...


Congress on verge of approving temporary spending bill to avert government shutdown

McCarthy said that if the House passed a bill with border funds and the Senate stripped the money back out, "the president wouldn't sign it". Initially, in a me...


Trump Wants Feds To 'Feel The Market' Instead Of Using 'Meaningless Numbers'

On December 17, in a tweet sent one hour before stock markets were due to open, Trump wrote: "It is incredible that with a very strong dollar and virtually ...


After May asks for help, Germanys Merkel says no more Brexit negotiations

It comes days after May postponed a vote to approve the divorce deal to avoid all-but-certain defeat. She said she has listened to them and that it is now time ...


Brexit chaos grows as Theresa May's colleagues seek to oust her

Brady said the vote would be held in Parliament between 18.00 GMT and 20.00 GMT (11.30 pm and 1.30 am) on Wednesday, with the results announced soon after. A Br...


Trump's Push for Tariffs Squeezes a Weakening Global Economy

The disarray surrounding the China deal coincides with a global economy that faces other challenges: Britain is struggling to negotiate its exit from the Eur...