USA appeals against $80bn AT&T-Time Warner deal

AT&T said it was surprised by the decision and would defend the merger in court again. AT&T closed the acquisition a short time after Judge Leon's ruling , but agreed to keep Time Warner's cable networks in a business unit separate from AT&T's... More..

by | Published 12 hours ago
New Sky Bid Could Mean Comcast Is Backing Down From Disney/Fox Deal
by | Friday, July 13, 2018

New Sky Bid Could Mean Comcast Is Backing Down From Disney/Fox Deal

Multinational mass media corporation 21st Century Fox on Wednesday said it has raised its offer to buy United Kingdom's Sky Plc. During their bidding war with Comcast, Disney suggested $38 per share in ca...More..

Donald Trump could meet Boris Johnson, says U.S. ambassador
by | Wednesday, July 11, 2018

Donald Trump could meet Boris Johnson, says U.S. ambassador

He told reporters outside his London home: "I admire Boris and David very much and I'm sorry that they have left the Government , but". But should they ultimately do so, the prime minister also looked to have ...More..

Mexican voters to pick president and more than 18,000 other officials
by | Wednesday, July 04, 2018

Mexican voters to pick president and more than 18,000 other officials

The election was a crushing defeat for the ruling centrist Institutional Revolutionary Party, or PRI, which governed Mexico from 1929-2000 continually and again from 2012. Polls have opened in Mexico's presiden...More..

#BoycottWalmart Is Trending on Twitter After 'Impeach 45' T-Shirts Anger Customers
by | Wednesday, July 04, 2018

#BoycottWalmart Is Trending on Twitter After 'Impeach 45' T-Shirts Anger Customers

We have reached out to Walmart for comment, and will update this story with more details when the company responds. "As a fierce proponent of the First Amendment that is politically nonpartisan, we recogn...More..

by | Wednesday, July 04, 2018

US Chamber says $75 bn in US exports subject to counter-tariffs

The number of exports that could be hit by retaliatory tariffs among the 10 most vulnerable states ranges from $1.7 billion in Pennsylvania to $6.2 billion in Washington . Also on Friday, the European Union ...More..

U.S. Oil Prices Rise as Stockpiles Fall
by | Saturday, June 30, 2018

U.S. Oil Prices Rise as Stockpiles Fall

The loss was buffered somewhat by sentiment from RBC Capital Markets that members of the Organization of Petroleum Exporting Countries will agree to put more oil on the market to offset supply issues expected...More..

Jeremy Hunt brands Brexit 'threats' by businesses 'inappropriate'
by | Thursday, June 28, 2018

Jeremy Hunt brands Brexit 'threats' by businesses 'inappropriate'

Speaking to the BBC , Hunt suggested that Airbus and BMW, which this week slammed the lack of clarity on a deal, are actually undermining prime minister Theresa May during her negotiations with the European ...More..

Protests, facility visits planned amid immigration confusion
by | Tuesday, June 26, 2018

Protests, facility visits planned amid immigration confusion

Lilian Merida-Galicia and her seven-year-old daughter were apprehended after crossing the US-Mexico border in Arizona and separated by US officials in mid-May. Despite Mr Trump's stance, House Majority Leader K...More..

Trump warns Harley-Davidson against moving production out of the US
by | Tuesday, June 26, 2018

Trump warns Harley-Davidson against moving production out of the US

In a regulatory filing with the Securities and Exchange Commission, the company said their tariffs increased from 6% to 31%, which would cost customers approximately $2,200 per average motorcycle built in the U...More..

Bitcoin Recovers Above $6,700 Following Bithumb Attack
by | Saturday, June 23, 2018

Bitcoin Recovers Above $6,700 Following Bithumb Attack

The notoriously secretive company is estimated to have around 100,000 traders using the platform at any given minute, and accounts for around 80% of South Korea's ether-based exchanges . While news of the...More..

by | Friday, June 22, 2018

1 million bpd output rise "good target", says Al-Falih

Oil prices have spiked by as much as 20% this year, in part because OPEC has produced even less than was foreseen under the 2016 agreement, which was supposed to reduce supply by 1.8 million barrels per day. O...More..

Trump threatens 20 percent US tariff on EU car imports
by | Friday, June 22, 2018

Trump threatens 20 percent US tariff on EU car imports

Cecilia Malmstrom, the EU's trade commissioner, acknowledged that the European Union had targeted some iconic American imports for tariffs, like Harley-Davidson motorcycles and bourbon, to pressure U.S. Preside...More..

Intel has paths around Trump's China tariffs, analysts say
by | Friday, June 22, 2018

Intel has paths around Trump's China tariffs, analysts say

The US "practice of extreme pressure and blackmail departed from the consensus reached by both sides during multiple negotiations and has also greatly disappointed global society", it said. By picking agricul...More..

Elon Musk accuses rogue Tesla employee of 'extensive and damaging' sabotage
by | Wednesday, June 20, 2018

Elon Musk accuses rogue Tesla employee of 'extensive and damaging' sabotage

Tesla stock received a price target increase two weeks ago by a Wall Street analyst who believes gross margins for the automaker's Model 3 will improve as it scales to higher production, thus helping it ac...More..

Audi CEO Rupert Stadler arrested in diesel emission case
by | Monday, June 18, 2018

Audi CEO Rupert Stadler arrested in diesel emission case

Stadler has denied any involvement. VW has admitted that it cheated emissions testing by equipping diesel vehicles with software that turned on pollution controls during the tests and then turned them off at ...More..

No one earning minimum wage can afford a modest apartment
by | Friday, June 15, 2018

No one earning minimum wage can afford a modest apartment

The report found that in order to afford a modest two-bedroom rental home, renters need to earn a wage of $22.10 per hour. Minimum wage doesn't cover the cost of rent anywhere in the United States - not Hawa...More..

China promises fast response if US hurts its interests
by | Friday, June 15, 2018

China promises fast response if US hurts its interests

The Trump administration is announcing a 25 percent tariff on $50 billion worth of Chinese imports, escalating a trade dispute between the world's two largest economies. But his plan to crack down on China ha...More..

ZTE reaches billion dollar deal with United States government
by | Monday, June 11, 2018

ZTE reaches billion dollar deal with United States government

Commerce Secretary Wilbur Ross said on Thursday the government has reached a deal with ZTE Corp that reverses a ban on its buying parts from U.S. suppliers, allowing China's No. ZTE, headquartered in the sout...More..

The Mission E Has a Real Name
by | Monday, June 11, 2018

The Mission E Has a Real Name

Taycan translates roughly to " lively young horse ", referencing the leaping steed in the Porsche crest. The maximum range is set at 500 km via NEFZ, and thanks to an 800 volt architecture, the battery can...More..