Stories about Money

Oct 17 2018

Netflix Plans to Outspend Hulu & Amazon on New Content

By the end of the year, Netflix expects to expand that base to 146.5 million. The additions helped lift profit more than threefold to 89 cents a share, beating the 68-c...

Oct 16 2018

Sears Files Chapter 11 Bankruptcy, Shuts Down 142 Stores

Sears already had closed Baltimore area department stores in Hunt Valley Towne Center, Eastpoint Mall and Hagerstown, and had closed Kmart stores in Dundalk, Elkton, Cro...

Oct 09 2018

Michael upgraded to a hurricane

Floridians scurried to prepare after Gov. Rick Scott declared a state of emergency for 26 counties. Currently, Michael poses no risk to Florida's Space Coast. "Re...

Oct 05 2018

Petrol, diesel prices slashed by Rs 2.50 per litre

In a tweet he said, "Madhya Pradesh has also reduced VAT [Value Added Tax] on fuel as a result of which the people will get a relief of Rs 5". The price cut would be ef...

Sep 27 2018

Canada PM says won't be rushed on NAFTA, new deal not guaranteed

Trump's comments also come on the heels of his national security adviser John Bolton's suggestion that Canadian requests for a bilateral meeting "couldn't be accommodated...

Sep 21 2018

Amazon considering opening up to 3,000 cashierless stores by 2021: Bbg

Amazon opened its first Amazon Go store in its hometown of Seattle in 2016. Adding 3,000 convenience stores would make Amazon Go among the biggest chains in U.S....

Sep 20 2018

Coca-Cola Could Make A Move Into CBD-Infused Drinks

Coca-Cola announced its interest in a statement on Monday, responding to a report from BNN Bloomberg that said it was in talks with Canada's Aurora Cannabis Inc to de...

Sep 19 2018

Trump administration unveils fresh round of China tariffs

China's Finance Ministry said its tariff increases are aimed at curbing "trade friction" and the "unilateralism and protectionism of the United States ". China's Mini...

Sep 13 2018

Top White House economist fact-checks Trump on GDP claim

Following last Friday's blockbuster August jobs report, and with nail-biting midterm elections less than 60 days away, the 44th and 45th presidents crossed swords, with...

Sep 08 2018

Barack Obama Says Stop Binge-Watching TV and Vote in Illinois Speech

Mr Obama acknowledged his sharp critique of Trump was something of a departure from tradition, noting the history of former presidents avoiding the rough and tumble of ...

Sep 08 2018

NAFTA talks make progress; US, Canadian officials to work into night

A block from the White House, where a furious Trump was Tweeting fire at the disloyalty from his inner circle, Freeland and Lighthizer pushed on with talks that cut to th...

Sep 01 2018

Donald Trump Scraps Federal Employees' Planned Pay Raise, Calls It 'Inappropriate'

The Senate Appropriations Committee emphatically beat back an amendment to strike the pay raise during a markup in June, rejecting the proposal in a 2-29 vote and keeping...

Aug 28 2018

4 takeaways from the U.S.-Mexico trade deal

Republican lawmaker Kevin Brady, chairman of the tax and trade-focused Ways and Means Committee, called on Canada to return to talks quickly "with the aim of concluding a...

Aug 27 2018

DXY Index Threatens Key Break after Powell’s Jackson Hole Speech

That broke a tradition that the White House should refrain from attacks on the Fed because such criticism can shake the confidence of financial markets that the Fed is co...

Aug 19 2018

Turkish lira resumes fall after Trump sanctions threat

Brunson, 50, was indicted by a Turkish court on charges of having links with the Kurdistan Workers' Party (PKK) militant group and the movement of the US-based opposition...

Aug 18 2018

Turkey reportedly ready to free pastor Andrew Brunson, as Trump demanded

The lira , which has lost some 40 percent of its value this year, weakened beyond 6.21 against the United States dollar after the news , from 6.04 beforehand. He has ...

Aug 17 2018

Qatar pledges $15 billion to invest in Turkey

Erdogan has said Turkey is the target of an economic war, and has made repeated calls for Turks to sell their dollars and euros to shore up the national currency. "We've ...

Aug 15 2018

Turkish Lira crash hits Japanese retailers - Nikkei Review

Tourists count their Turkish liras after exchanging foreign currency at a exchange shop in Istanbul, Aug. 13, 2018. The lira has been tumbling as investors question...

Aug 14 2018

Plane stolen by airline employee crashes near Seattle

Horizon Air is part of Alaska Air Group and flies shorter routes throughout the U.S. West. "I'm just a broken guy", Russell told air traffic controllers while he pilo...

Aug 13 2018

Turkey's Erdogan stands by opposition to high interest rates

Erdogan renewed his call for Turks to sell dollars and buy lira to boost the currency, while telling business owners to not stockpile the American currency. "We will say ...