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US judge approves SEC settlement with Tesla, shares jump

US judge approves SEC settlement with Tesla, shares jump

The settlement terms will have Tesla pay a $20 million fine, and Musk will pay a $20 million fine. Mr Musk agreed to pay a $20m fine and step aside as Tesla's chairman for three years to settle char...

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1300+ Hondurans Begin Organized Trek to U.S. Border

1300+ Hondurans Begin Organized Trek to U.S. Border

Bartolo Fuentes, the organizer, told the news agency that the group plans to march through Guatemala and into Mexico . The group was organized using social media, according to Reuters , which quot...

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Facebook confirms 29m users' details stolen in security breach

Facebook confirms 29m users' details stolen in security breach

For another 14 million people, hackers accessed the same data along with other profile information like "username, gender, locale/language, relationship status, religion, hometown, self-reported curre...

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Man United not for sale despite link to Saudi Arabia royal family

Man United not for sale despite link to Saudi Arabia royal family

But on Sunday Saudi Arabia said it rejected political and economic "threats" over the missing journalist and would respond to any punitive action "with a bigger one". Saudi flags, photos of the king ...

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Seahawks owner Paul Allen dies at age of 65

Seahawks owner Paul Allen dies at age of 65

Allen and Bill Gates met while attending a private school in north Seattle. Allen's company Vulcan said in a statement that he died Monday . Allen, also a well-known philanthropist, is one of...

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Mega Millions Jackpot Now Worth $654 Million

Mega Millions Jackpot Now Worth $654 Million

If you don't have luck with the Mega millions, maybe you'll have better luck on Wednesday! Last Friday's winning numbers were 4-24-46-61-70 and a Mega Ball of 7. It's the second-largest jackpot in t...

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Trump Says Sears Bankruptcy Is a ‘Very, Very Sad’ Moment

Trump Says Sears Bankruptcy Is a ‘Very, Very Sad’ Moment

The stock price was 41 cents a share in pre-market trading Monday morning - up from Friday's closing price of 34 cents. One of Sears' major shareholders recently dumped a chunk of his stock for pennie...

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Trump talks to Saudi king, dispatches Pompeo

Trump talks to Saudi king, dispatches Pompeo

Saudi Arabia has agreed to allow Turkish investigators to search the Saudi consulate in Istanbul on Monday, 13 days after Jamal Khashoggi , a Saudi journalist, vanished after entering the missio...

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Air India air hostess falls from aircraft at Mumbai airport

Air India air hostess falls from aircraft at Mumbai airport

NDTV reported that the aircraft "nicked the boundary wall before it was up in the air". The accident occurred at Mumbai's worldwide airport as the crew were getting ready to welcome passengers ab...

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Fuel prices continue to rise, Modi to meet oil company heads

Fuel prices continue to rise, Modi to meet oil company heads

He is also expected discuss ways to revive investment in India's upstream sector. The government is looking at private investment to raise domestic oil and gas production, which has stagnated for th...

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Patisserie Valerie confirms £20m financial black hole amid criminal probe

Patisserie Valerie confirms £20m financial black hole amid criminal probe

Most of the money raised will be used to repay a £10m bridging loan from executive chairman and 37 per cent shareholder Luke Johnson today, created to give the firm immediate liquidity. Patisserie Hol...

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Sears may be days away from bankruptcy

Sears may be days away from bankruptcy

As part of a restructuring plan, Lampert offered to purchase Kenmore and the home division for $480 million, which would allow Sears to pay its debt obligation and to stock up on merchandise for the h...

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Fracking to start at Cuadrilla’s Preston New Road site after court ruling

Fracking to start at Cuadrilla’s Preston New Road site after court ruling

Dismissing Mr Dennett's application for an interim injunction, Mr Justice Supperstone said: "I do not consider that any of the grounds of challenge raise a serious issue to be tried". Mr Egan said the...

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‘Teslaquila’: Elon Musk Dropping Own Agave Brand

In the earlier tweet, he had mentioned, "Elon was found passed out against a Tesla Model 3, surrounded by "Teslaquilla" bottles, the tracks of dried tears still visible on his cheeks". Of course, fili...

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Trump vows pain for Saudis if allegations are proven

Trump vows pain for Saudis if allegations are proven

Investors have also taken fright, prompting Saudi stocks to tumble by around seven per cent at one point on Sunday, wiping out their gains for 2018. A critic of Saudi Arabia's Crown Prince Mohammed...

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Bitcoin Whales not Responsible for Destabilizing Cryptocurrency Markets

Bitcoin Whales not Responsible for Destabilizing Cryptocurrency Markets

The drop was even more pronounced in altcoin markets, with ethereum and ripple ( XRP ) both taking a nine percent haircut, and bitcoin cash dropping a full 10 percent to $462. Interestingly, m...

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Pizzas must shrink or lose their toppings under Government anti-obesity plan

Pizzas must shrink or lose their toppings under Government anti-obesity plan

While the limits would not be mandatory under current plans, which are part of a package aimed at reducing childhood obesity , the government has warned it would likely legislate if businesses failed...

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IMF Chief Lagarde Defends Fed's Rate Hikes Slammed by Trump

IMF Chief Lagarde Defends Fed's Rate Hikes Slammed by Trump

Some 30-year fixed-rate mortgages are now offered with an interest rate above 5 per cent, significantly higher than when Trump took office. He also sidestepped criticism of the Federal Reserve's ...

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USA and United Kingdom considering boycotting Saudi conference over Khashoggi crisis

USA and United Kingdom considering boycotting Saudi conference over Khashoggi crisis

The source quoted by SPA said: "The kingdom affirms its total rejection of any threats or attempts to undermine it whether through threats to impose economic sanctions or the use of political pressure...

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Oil Demand and Supply Close to New Peaks

Oil Demand and Supply Close to New Peaks

Still, the IEA report is the latest government assessment to predict weaker demand ahead and conclude that supply is adequate. The Organization of the Petroleum Exporting Countries ( OPEC ) cut...

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Government plug-in auto grant cuts 'bonkers' amid EV adoption targets

Government plug-in auto grant cuts 'bonkers' amid EV adoption targets

Jack Cousens, head of roads policy for the The Automobile Association, feared that this would hamper government aims to promote green auto sales. Vehicles in the the categories 2 and 3, which have an ...

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Hong Kong stocks tumble 3.5% 11 October 2018

Hong Kong stocks tumble 3.5% 11 October 2018

The benchmark Shanghai Composite Index has tumbled 4.34% to 2,607.4, leaving it at the lowest level in four years. The Shanghai Composite closed at the lowest in almost 4 years. Tencent , still th...

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Emotional Support Squirrel A No-Go On Frontier Flight

Emotional Support Squirrel A No-Go On Frontier Flight

Frontier says the passenger had noted in her reservation that she was bringing an emotional support animal with her on Flight 1612 Tuesday night. However, she did not tell the airline that the anima...

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BMW to spend United States dollars 4.2 bn for majority stake in China project

BMW to spend United States dollars 4.2 bn for majority stake in China project

As part of the deal, the joint venture will significantly expand its manufacturing base in Shenyang, the capital and largest city of China's northeast Liaoning Province, BMW said in a statement ...

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Asian shares steady as global bond sell-off eases; sterling rises

Asian shares steady as global bond sell-off eases; sterling rises

Italian government bond yields also fell from multi-year highs after Economy Minister Giovanni Tria pledged to do whatever is necessary to restore calm if market turbulence turns into a financial ...

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World's longest flight lands in New York from Singapore

World's longest flight lands in New York from Singapore

The world's longest direct commercial flight flying from Singapore to NY touched down at Newark Liberty International airport around 5:30am ET on October 12, after just under 19 hours of flight. We ...

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Mega Millions numbers drawn for ninth-largest lottery jackpot

Mega Millions numbers drawn for ninth-largest lottery jackpot

With no jackpot winners reported after Tuesday night's drawing, the next jackpot is estimated to be worth $548 million - or $309.2 million in cash. An in-state Megabucks Doubler drawing will also ...

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Oil rebounds towards $81 but weaker demand view weighs

Oil rebounds towards $81 but weaker demand view weighs

Global benchmark Brent crude rose 34 cents to $80.60 a barrel by 1052 GMT, having dropped by 3.4 percent on Thursday. Brent crude reached a four-year high of $86.74. Commodity Futures Trading Commis...

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Oil tumbles 3% on stock market rout, inventory build-up

Oil tumbles 3% on stock market rout, inventory build-up

Brent crude fell 56 cents a barrel to $79.70 by 12:16 p.m. EDT (1616 GMT), after dropping 3.4 percent on Thursday. USA crude futures rose 37 cents to $71.34 a barrel. In addition to shutting in wel...

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Trump says Fed is 'out of control'

Trump says Fed is 'out of control'

The President said this week he prefers lower interest rates but added he would not speak directly to his Fed chairman appointee Jerome Powell, preferring instead to remain hands-off. Though the Fed h...

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