Business

Lyft gets $1bn boost from Alphabet's investment fund

CapitalG , the investment arm of Alphabet, was formed in 2013 under the name Google Capital. That's still a fraction of Uber's market cap, which is somewhere between $50bn and $70bn, but it pegs...

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Recalled IKEA Dresser Linked to Death of Toddler

Recalled IKEA Dresser Linked to Death of Toddler

According to the Enquirer , he is the first child to die since IKEA issued a massive recall for chests and dressers, which can tip over and crush children if they aren't anchored to the wall. The r...

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Gilead Jumps After FDA Approves Its Kite-Acquired CAR-T Drug

Gilead Jumps After FDA Approves Its Kite-Acquired CAR-T Drug

Called immunotherapy, the patient's infection-fighting T-cells are extracted and genetically engineered with a new gene to pinpoint and kill the lymphoma cells. American regulators granted approval on...

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Volkswagen Testing its Electric Car Mettle in the Mountains

Volkswagen Testing its Electric Car Mettle in the Mountains

To be equipped with what Welsch describes as "innovative battery and drive technology", the new VW vehicle is to be driven at next year's Pikes Peak race by Roman Dumas, the event's 2014, 2016 and 201...

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Giant Ford F-Series Truck Recall to Cost $267 Million

Giant Ford F-Series Truck Recall to Cost $267 Million

Ford filed paperwork with the Securities and Exchange Commission saying it would take a $267-million charge in fourth-quarter earnings. As a result, doors may not open (not good in an emergency si...

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Wall Street's Consensus Rating Shows The Coca-Cola Company (NYSE:KO) Growning 2.3%

Wall Street's Consensus Rating Shows The Coca-Cola Company (NYSE:KO) Growning 2.3%

Susquehanna maintained the shares of KO in report on Wednesday, July 26 with "Hold" rating . Among 9 analysts covering Continental Building Products ( NYSE:CBPX ), 4 have Buy rating , 0 Sell and 5...

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Security Officers fired over United Airlines 'dragging' debacle

Security Officers fired over United Airlines 'dragging' debacle

Video of the April incident went viral online, showing airport officers dragging a bloodied David Dao off a full plane to make room for airline crew needing to be repositioned for future fligh...

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Blockchain solution for cross-border payments

IBM has partnered with Toronto-based Dream Payments to help financial institutions more quickly deploy mobile payment offerings in the US. Transactions in different currencies that require multiple ...

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Is Harley-Davidson Stock Set for Another Post-Earnings Bear Gap?

Bernstein. Stifel Nicolaus reiterated a "buy" rating and issued a $48.00 target price (down previously from $51.00) on shares of Harley-Davidson in a report on Tuesday, October 10th. MA ended last tra...

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Trump's fortune shrinks with $600M loss in past year

According to Forbes , the White House did not immediately respond to a request for comment on Trump's ranking. Trump now sits at spot No. 248 on the list, after coming in past year at No. The Forb...

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Facebook launches new food-ordering feature

The social media giant has recently launched the U.S. food order and delivery service. It's an unusual new feature that's created to keep people on Facebook for longer, and it wouldn't be hugely s...

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COLA HBC (CCHGY) Upgraded at Zacks Investment Research

The share price of the company (CCLAY) was up +2.83%, with a high of 6.44 during the day and the volume of Coca-Cola Amatil Ltd shares traded was 111651. Manufacturers Life Insurance The holds 1.58 mi...

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Bronfman EL Rothschild LP Raises Position in Netflix, Inc. (NFLX)

Bronfman EL Rothschild LP Raises Position in Netflix, Inc. (NFLX)

RBC Capital Markets has "Buy" rating and $210.0 target. A number of other brokerages have also recently weighed in on NFLX . (The) set a $175.00 target price on Netflix and gave the company a "bu...

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Local chapter reacts to Boy Scouts accepting girls

Local chapter reacts to Boy Scouts accepting girls

The positive feedback was a common theme among patrons. "If the charter organization, or the pack, or the troop, would like to have girls in their program they can". "Expanding the program exposes...

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Wells Fargo hit by surprise charge from pre-crisis mortgages

Wells Fargo hit by surprise charge from pre-crisis mortgages

The Return on Equity (ROE) value stands at 11.6%. Net income in the quarter jumped 13.6% to $1.05 billion or $2.16 per diluted share from $924 million or $1.84 in the same quarter a year ago. The ...

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Samsung Electronics CEO resigns, even as record profits expected

Samsung Electronics CEO resigns, even as record profits expected

His decision to resign comes at a time when the company tries to clean up its reputation amidst bribery case. That crisis is believed to be related to the ongoing bribery scandal surrounding Samsung...

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Korean lawmaker says N. Korea hacked war plans

Korean lawmaker says N. Korea hacked war plans

While North Korea was not able to hack US power companies, there are concerns among some of observers that the regime may attempt to damage the power grid by detonating a nuclear device at a high alti...

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Retail inflation eases to 3.28% in September

Retail inflation eases to 3.28% in September

The Index of Industrial Production ( IIP ) recorded 4 per cent growth in August a year ago. Both the Asian Development Bank as well as the Organisation for Economic Cooperation and Development (OE...

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Amazon gives teens their own login, but parents retain power

Amazon gives teens their own login, but parents retain power

Pre-approving orders is done alongside establishing a spending limit, meaning that while the teen can order anything they want, they can only do such up to a certain price before the ability is taken ...

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OPEC courting more oil producers to restore stability; may benefit India

OPEC courting more oil producers to restore stability; may benefit India

Brent crude, the benchmark for more than half of the world's oil, was little changed at $55.32 a barrel by 10:43 a.m.in London. Last month, it expected a 590,000 bpd year-over-year increase to 9.84 mi...

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Kobe steel admits falsifying quality data

The company said the fabrications, which might have started a decade ago, could affect products sent to as many as 200 companies. A Subaru company representative said, "We will put the safety of c...

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For 2nd year, no women among Nobel Prize winners

For 2nd year, no women among Nobel Prize winners

The award committee said Thaler was chosen "for his contributions to behavioral economics". In a statement, the Royal Swedish Academy of Sciences had said that Richard H. The 72-year-old was des...

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One death in Northern California from wildfire

One death in Northern California from wildfire

Officials were working to manage more than a dozen fires burning 100 or more acres Monday, with evacuations in place near several, including a 20,000-acre fire burning between Santa Rosa and Calistog...

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MA officers travel to help in Puerto Rico

MA officers travel to help in Puerto Rico

The FDA is working with drugmakers and device manufacturers, who are trying to restore partial operations with backup generators, according to the statement. Eli Lilly makes the active ingredient for ...

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Metropolitan Police confirm man arrested after crash near London's Natural History Museum

Metropolitan Police confirm man arrested after crash near London's Natural History Museum

A statement issued by the London Police said its officers were on the scene and that London Ambulance Service had been called. In the month of March, Khalid Masood killed four people and l...

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Qualification 'all that matters' for Kane and England

Qualification 'all that matters' for Kane and England

Ironically just a few hours before the 1-0 win at Wembley , English FA chief executive Martin Glenn cited mental frailty has the root cause of England's recent failures at the business end of world...

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North Korean Workers Wear 'Brave Face' on Forced Return From China

North Korean Workers Wear 'Brave Face' on Forced Return From China

They receive a small fraction of their salaries, while the rest, which can be as much as 70%, goes to North Korean leader Kim Jong Un's government. China's implementation of new sanctions punishing ...

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Tesla willing to restore Puerto Rico's electricity system with solar

Tesla willing to restore Puerto Rico's electricity system with solar

Tesla is considering rebuilding Puerto Rico's storm-damaged power grid with its battery storage and solar energy equipment. "Such a decision would be in the hands of the Puerto Rico government, PUC (...

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Route 91 Harvest Festival Shooter's Girlfriend Back in US, Being Questioned

Route 91 Harvest Festival Shooter's Girlfriend Back in US, Being Questioned

The family of a suspected man who unleashed a barrage on a Las Vegas on Sunday night at a country music festival on the Las Vegas Strip that left at least 58 people dead and more than 500 people injur...

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Kill 100 terrorists for my father's death: BSF martyr's daughter

Kill 100 terrorists for my father's death: BSF martyr's daughter

All the terrorists were part of the Afzal Guru squad of the Jaish-e-Mohammad. Flight operations have been suspended till security clearance. "A group of 2-3 militants carried out an attack at the ...

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"Equifax Deserves To Be Shamed": Former Credit Bureau CEO Faces Bipartisan Criticism

Their actions went undetected until late July, when Equifax finally registered suspicious traffic on its network. While Smith pointed to a lifetime credit lock for Equifax credit reports , all he c...

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Rajnish Kumar appointed SBI Chairman

Rajnish Kumar appointed SBI Chairman

Kumar, who has a three-year term at the helm, joined SBI as a Probationary Officer (PO) in 1980 and has worked in various departments. The Appointments Committee of the Cabinet (ACC) on Wednesday ap...

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Marilou Danley, girlfriend of the Las Vegas shooter

Marilou Danley, girlfriend of the Las Vegas shooter

The investigation into the motives of a Las Vegas retiree who killed 58 people in the worst mass shooting in modern U.S. history turned on Tuesday to the gunman's girlfriend in the Philippines ...

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AC Milan plot massive £75m move for Alexis Sanchez in January

AC Milan plot massive £75m move for Alexis Sanchez in January

The Chile striker will be a free agent in the summer when his current contract expires at the Emirates. It is said City will go back in for Alexis Sanchez in January when the Chile global is free ...

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Indonesia's Manufacturing Activity Growth Slows in September

Indonesia's Manufacturing Activity Growth Slows in September

Where an increase in output was registered, this was mainly due to rising intakes of new business. Poland's Purchasing Managers' Index (PMI) rose to 53.7 in September from 52.5 in August, according ...

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Pro-Brexit party picks leader, rejects anti-Islam candidate

Pro-Brexit party picks leader, rejects anti-Islam candidate

His election was immediately welcomed by Nigel Farage , Ukip's former leader, who had reportedly planned to start a new party if Waters won. "Even last week, the clear divisions within the party ...

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Air France flight to Los Angeles diverted after engine damage

Air France flight to Los Angeles diverted after engine damage

Passengers on the flight and others watching the landing observed that the plane definitely looked "broken". PASSENGERS have told of their terror after a plane's engine seemingly fell to pieces mid-...

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Russell Westbrook Agrees To 5-Year, $205 Million Extension with Thunder

Russell Westbrook Agrees To 5-Year, $205 Million Extension with Thunder

It is safe to say, this is Russell Westbrook's , and the Thunder's next chapter. "I've said it before, and I'll say it again, there is no place I would rather be than Oklahoma City ", Westbrook...

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Here's where to get free coffee on International Coffee Day

Here's where to get free coffee on International Coffee Day

At Dunkin' Donuts , if you buy a medium or large coffee, you get a second medium cup for free. "We toast all those who wish to come into one of our stores to try our delicious coffee!" Get a fre...

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Ryanair to cancel more flights

Ryanair to cancel more flights

Ryanair has updated the FAQ pages of its website to reflect all of these changes and has also replied to the UK Civil Aviation Authority ( CAA ) letter of September 28, agreeing to meet its requireme...

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Computer check-in system crash causes chaos in airports worldwide

Computer check-in system crash causes chaos in airports worldwide

A worldwide outage to a passenger check-in system has left travellers stranded in airports around Australia. "As a result of the incident, customers experienced disruption to certain services", a co...

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Roku gains as much as 65% in trading debut after IPO

Roku gains as much as 65% in trading debut after IPO

At the $14 per share price, Roku's market cap comes in at about $1.3 billion . The company aims to increase advertising sales through the platform, which is a higher margin business than devices. T...

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Trump and GOP Roll Out Tax Plan

Trump and GOP Roll Out Tax Plan

The president has vowed since his 2016 White House campaign to overhaul the USA tax code. After more than eight months of negotiating, the White House and GOP leaders have agreed on several target...

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Oil prices hit highest level since July 2015 on re-balancing optimism

Oil prices hit highest level since July 2015 on re-balancing optimism

Many tried to laugh off the cuts and said that there was no-way that the agreement would hold. "This is not the time to take our foot off the accelerator". High compliance with its production cuts m...

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Uber Rival Lyft May Have Plans to Launch Its Services in London

Uber Rival Lyft May Have Plans to Launch Its Services in London

Transport for London said the decision was based on the way drivers' background checks were completed, how criminal offences were reported and the use of software created to stop regulators accessi...

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Senate Holds Hearing On Health Care Bill

Senate Holds Hearing On Health Care Bill

Among states expected to lose are Arizona , Florida, Kentucky , and OH, where cuts could swell the number of uninsured people. The president said Americans are entitled to feel frustrated at Congr...

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Gas prices on slow decline following Hurricane Harvey

Gas prices on slow decline following Hurricane Harvey

AAA, which also tracks gas prices, said MI had the second biggest drop in weekly average daily gas price, with a 12-cent decline. A month after gasoline prices soared after Hurricane Harvey struck...

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Chaos as ALL flights at Sydney airport are GROUNDED

Chaos as ALL flights at Sydney airport are GROUNDED

Other recordings published by ABC feature controllers and pilots discussing the outage. They said the glitch had now been resolved but disruptions were expected as airlines dealt with a massive ba...

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Marquez wins Aragon MotoGP, Rossi 5th on return from injury

Marquez wins Aragon MotoGP, Rossi 5th on return from injury

Then he went after Lorenzo and blitzed the Ducati rider for his fifth win of the year. Fourth-place sees Vinales slip to 28 points off Marquez in third in the championship standings. The Spaniard ...

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China supports peaceful resolution to North Korea issue: Foreign Ministry

China supports peaceful resolution to North Korea issue: Foreign Ministry

At a news conference Friday on the sidelines of the United Nations General Assembly, Russian Foreign Minister Sergey Lavrov once again hit back on claims his country meddled in the 2016 USA election...

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