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Renault-Nissan-Mitsubishi Alliance agrees to new management structure

Renault-Nissan-Mitsubishi Alliance agrees to new management structure

That culminated in the formation this week of a new governance board for the alliance between Nissan , Renault and Mitsubishi. A Tokyo court rejected ousted Nissan boss Carlos Ghosn's req...

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Wells Fargo share price down 1% as Congress questions CEO

Wells Fargo share price down 1% as Congress questions CEO

On Tuesday, Rep. Katie Porter (D-Calif.) flagged these quotes from filings in an ongoing class-action lawsuit against Wells Fargo that alleges the company hurt shareholders by hiding its vehicle repos...

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Sigma rejects API merger proposal

Sigma rejects API merger proposal

Sigma told the market in yesterday's statement that API had reaffirmed its indicative offer last week and waived a condition relating to cost synergies after due diligence. API shares were trading at ...

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Tesla Model Y: What We Know

Tesla Model Y: What We Know

Or so says Tesla CEO Elon Musk in a recent tweet. Tesla is on the verge of pulling the wraps of its latest electric vehicle: the Model Y . Elon Musk confirmed the reveal date for the vehicle earl...

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British lawmakers overwhelmingly back 3-month Brexit delay, Europe News & Top Stories

British lawmakers overwhelmingly back 3-month Brexit delay, Europe News & Top Stories

Lawmakers approved by almost 200 votes a motion setting out the option to have a short delay by agreeing to a Brexit deal by March 20, or a longer delay if no deal can be agreed in time. They want to ...

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Opec stresses need for 2019 oil supply cuts

Opec stresses need for 2019 oil supply cuts

Opec on Thursday cut the forecast of global demand for its oil this year as rivals boost production. Still, oil prices could also come under downward pressure from an economic slowdown. "While the rev...

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Toyota investing $749 million in five U.S. plants, adding 586 jobs

Toyota investing $749 million in five U.S. plants, adding 586 jobs

Toyota Motor Corp. says it is investing an additional $750 million at five USA plants that will bring almost 600 new jobs. That one was a $115.3 million investment to produce the company's first A...

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Facebook product chief Cox to exit as focus shifts to messaging

Facebook product chief Cox to exit as focus shifts to messaging

Zuckerberg's statement indicated that Cox had been looking to move on from Facebook for some time, but that he stayed on longer to meet some crucial company needs. "As Mark has outlined, we are turn...

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U.S. hiring outlook strong for second quarter: ManpowerGroup

On a global basis, hiring intentions remain positive for the second quarter, with 40 of 44 countries surveyed in the report planning to increase headcount. Hiring prospects in the Midwest (+19%) are a...

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Facebook says outages due to 'server configuration change'

Facebook says outages due to 'server configuration change'

A spokesperson for the social network said the company was co-operating with investigators in multiple federal probes, without addressing the grand jury inquiry specifically. Before Facebook's latest ...

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$200k Bitcoin Fraud: Four Suspects Sought by Calgary Police

$200k Bitcoin Fraud: Four Suspects Sought by Calgary Police

Calgary police are looking for four suspects in connection to a national investigation into bitcoin fraud that resulted in a loss of nearly $200,000 to a Canadian company. The left-most individual ...

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Powerball soars to almost $500 million

Powerball soars to almost $500 million

Wednesday's winning numbers are 18, 36, 45, 47, 69 with 14 as the Powerball. Two of those tickets were sold in NY and are worth $1 million each. The twice-weekly Powerball lottery has gone 21 dr...

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8 places to find Pi Day deals on pizzas and candies

8 places to find Pi Day deals on pizzas and candies

Whole Foods throughout Bay Area: Large pies will be selling for $3.14 less. Fresh Brothers: Grab a personal pizza with unlimited toppings for $3.14 at Fresh Brothers in Carmel Valley, using the...

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Jury awards $29M in J&J baby powder cancer case

Jury awards $29M in J&J baby powder cancer case

A jury in a California Superior Court in Oakland determined that defective Baby Powder was a "substantial contributing factor" to Terry Leavitt's mesothelioma, an aggressive cancer that affects th...

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USA markets gain after price data; pound weakens

USA markets gain after price data; pound weakens

Sterling was down 0.4 per cent at US$1.3285 (RM5.428) after going as high as US$1.3380 the previous day, its strongest since June 2018. The British pound rose ahead of another vote in parliament on ...

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Oil prices rise amid broad market rally, OPEC supply cuts

Oil prices rise amid broad market rally, OPEC supply cuts

US West Texas Intermediate (WTI) crude oil futures were at $56.97 per barrel at 0054 GMT, up 18 cents, or 0.3 per cent, from their last settlement. It added that supply cuts this year by the Organiz...

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Billionaire Nelson Peltz is getting into the cannabis business (ACB)

Billionaire Nelson Peltz is getting into the cannabis business (ACB)

Shares of the company jumped 10 percent after it offered Peltz the role and an option to buy almost 20 million shares at C$10.34 a share, a small discount on the stock's close of C$10.64 on Tuesda...

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Musk in more trouble over Tesla tweets

Musk in more trouble over Tesla tweets

Musk's "single, immaterial" tweet to his more than 24 million Twitter followers claiming the electric vehicle-maker would produce around 500,000 cars in 2019 also complied with company's communicati...

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Disney-Fox mega-deal set to close March 20

Disney-Fox mega-deal set to close March 20

The purchase includes Twentieth Century Fox Film and Television studios, along with cable and global TV properties. The Walt Disney Company plans to formally close its deal to acquire 21st Century ...

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Fiat Chrysler recalling nearly 900000 vehicles on emissions

Fiat Chrysler recalling nearly 900000 vehicles on emissions

Chrysler said the non-compliant emissions were discovered in "routine in-use emissions testing, and reported to the EPA". Safety recalls are usually announced by the National Highway Traffic Safe...

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Jamaica restricts Boeing Max aircraft from entering airspace

Jamaica restricts Boeing Max aircraft from entering airspace

The order applies to all Max 8 and Max 9 versions of the popular airliner. He said airlines should allow passengers to rebook on other planes or cancel their tickets without penalty if they have...

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Spotify drops antitrust bomb on the

Spotify drops antitrust bomb on the "Apple tax"

Ek points to the revenue share that Apple demands for services that charge customers via apps distributed through the App Store , unofficially known as the " Apple tax". Ek insists that Spotify is...

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Here’s how much 5G service will cost from Verizon

Here’s how much 5G service will cost from Verizon

Mark your calendars for April 11, because that's when Verizon switches on its "real" 5G network in two USA cities. The 5G Moto Mod only works with the Moto z3, and will available exclusively to Veri...

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Google pays former exec Dollars 35 million over harassment claim

Google pays former exec Dollars 35 million over harassment claim

Google acknowledged the unredacted claims in the lawsuit Monday and said in a statement there are "serious consequences for anyone who behaves inappropriately at Google". The suit also cited board m...

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VW brand to slash workforce by 7,000

VW brand to slash workforce by 7,000

That involves layoffs, up to 7,000 of them for the Volkswagen passenger vehicle brand alone, as announced today by the company. When VW Group announced yesterday its overly ambitious plan to laun...

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Spring statement: Windfall to signal change in chancellor Philip Hammond's fiscal rules

Spring statement: Windfall to signal change in chancellor Philip Hammond's fiscal rules

The chancellor said he remained confident that a Brexit deal would be agreed by parliament in the next few weeks and he could include the extra funds in a three-year Whitehall spending review, which h...

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Fiji, Vanuatu, Marshall Islands added to European Union tax blacklist

Fiji, Vanuatu, Marshall Islands added to European Union tax blacklist

The EU Council yesterday announced it was adding Barbados to its list of non-cooperative tax jurisdictions, having assigned the country, United Arab Emirates (UAE) and Marshall Islands to a grey list ...

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Brexit roundup: How is British media reacting to May's defeat?

Brexit roundup: How is British media reacting to May's defeat?

The House of Commons now prepares to vote again today on whether the United Kingdom should leave the European Union without a deal on March 29. If lawmakers vote down May's deal again, they ...

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Dick's Sporting to stop selling hunting rifles in 125 stores

Dick's Sporting to stop selling hunting rifles in 125 stores

Following a shooting in Florida in February 2018 that left 17 students and staff dead, Dick's hiked the minimum age to purchase a gun to 21 and prohibited the sale of AR-15 style rifles. For 2019, the...

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Markets Right Now: Tech, health lead stocks gains at midday

Markets Right Now: Tech, health lead stocks gains at midday

The Nasdaq, heavily weighted with tech stocks , jumped 149 points, or 2 per cent, to 7,558. Tumbling shares in United States aviation giant Boeing on Monday tore a hole in the Dow Jones Industrial...

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