Finance

VW Canada offers to pay consumers $2.1 billion over false diesel claims

A federal judge says Volkswagen, U.S. regulators and attorneys for auto owners have made substantial progress on a deal for the remaining 80,000 diesel vehicl...


Platinum Partners execs charged in $1B fraud

Others captured included David Levy, Platinum's cochief speculation officer, and Uri Landesman , the previous president of the company's mark subsidize, Feder...


Mylan launches cheaper version of EpiPen allergy treatment

The authorized generic for EpiPen Auto-Injector is available in 0.15 mg and 0.3 mg strengths. The authorized generic was one of several steps the company anno...


BP Awarded Abu Dhabi Concession as Emirate Gets 2% BP Stake

Japan's INPEX Corp. holds a 5-percent stake while GS Energy of South Korea holds 3 percent in the onshore concession operated by the Abu Dhabi Company for Ons...


Deadline extended to sign up for January 1 Obamacare coverage

In the meantime, the number signing up for individual coverage is ahead of projections and defying predictions by health insurance industry executives that enro...


Woman Gives Birth Using Ovarian Tissue Frozen as Child

But on her return to the United Kingdom in 2015, Matthews had found a surgical team in Denmark willing to work with the frozen tissue and transplant it back int...


Sumner Redstone to step down from Viacom board

The Redstones' company, National Amusements, controls roughly 80 percent of the voting stock of Viacom and CBS Corp. The fights in court have come in the mids...


How Major League Baseball Could Help Make E-Sports More Relevant

As we've said in the past, true economic sustainability is a critical means to ensuring a sport that lasts, and this represents a major step towards that goal. ...


Qatar sovereign wealth fund still mulling Monte dei Paschi investment

Monte dei Paschi di Siena , advised by investment banks JPMorgan and Mediobanca, plans to raise equity to remove €28 billion in bad loans from its books. The ba...


Salvation Army announces 20/20 Mission

Despite the welcome boost from the coins, officials said Salvation Army donation totals are down significantly this year. Lt. Amber Meo, Corps Officer for The...


21st Century Fox buys Sky in £11.7 billion all-cash deal

Some critics are concerned the deal will place too much United Kingdom market share in the hands of the Murdochs, who control the Times and Sun newspapers throu...


British Airways STRIKE: Airline staff confirm Christmas holiday industrial action

Crew who are members of the Unite union and work for the airline's Mixed Fleet operation will strike on 25 and 26 December. It comes as cabin crew rejected a ...


Santa's story about dying child is in doubt

He was more upset about missing Christmas than he was about dying. "I'm pretty big into Jesus myself but I manage to find room for Santa Claus, too", said F...


Japan tops China as largest holder of US Treasury debt

Treasuries, to defend the yuan, and it's hard to stop this trend", Zhou Hao of the Singapore branch of Commerzbank said. Reuters reports that current Chinese ...


Analysts Recommendations: Inovalon Holdings, Inc. (NASDAQ:INOV)

Analyst expected twelve month price target of $13.25. First Analysis began coverage on Inovalon Holdings in a research report on Monday, October 24th. Also, CFO...


USA consumer prices up 0.2 percent in November

Energy costs increased 1.2 percent from a month earlier, the third straight gain, as gasoline rose 2.7 percent, the report showed. On a month-to-month basis, ...


Global shares meander after Fed rate hike, dollar steady

The allure of higher U.S. yields raises risks for emerging markets, as funds look to take advantage of rising USA rates rather than put their money in tradition...


Here Is Why Verizon Should Immediately Call It Quits With Yahoo!

Believed to be the largest online security breach to date, the 2013 attack on Yahoo is likely to raise new questions for Verizon, now set to close on its $4...


Adelaide Bank changes fixed and variable rates

The rupiah weakened 0.77 percent in Thursday trading, in line with emerging market currencies' decline against the dollar, as Fed's hawkish message reinforced t...


Why Ronaldo won the Ballon d'Or

Xavi does not believe that trophies should necessarily come into consideration, however, with each player's individual quality across the past 12 months instea...


OPEC: Planned oil production cuts materialises

Energy Secretary Ernest Moniz, shale oil producers can get by with oil at just over $50 per barrel due to advancements in technology and drilling techniques tha...


Connecticut leads 20-state lawsuit over drug pricing

The complaint filed Thursday describes a cozy industry culture marked by regular dinners and social outings that, the suit says, frequently crossed the line and...


Fix disparity in currency distribution: Mamata to Urjit

The Chief Minister described the meeting with Patel as "positive" and said she was able to put forth her views to the RBI Governor. She continued: "We would a...


Based online food delivery firm SkipTheDishes sold to UK company

Just Eat now serves more than 16 million takeaway customers and some 60,000 restaurants in 13 countries, with latest annual revenues at £248m and pre-tax profi...


Heineken victorious in £402.7m takeover battle for Punch Taverns

DUTCH brewing giant Heineken has won the bidding war for Staffordshire pubco Punch Taverns after upping its offer to more than £402m. Under the terms of a "...


A Dying Child's Last Wish to Santa Will Break Your Heart

But a month and a half ago, he answered the call to grant what would end up being one child's final Christmas wish. The young boy gave Santa a hug and looked ...


Google's Parent Company Alphabet Establishes Waymo; A Self-Driving Car Company

In a research note published today, he wrote that Alphabet has shifted its self-driving auto project from Google X to a stand-alone entity within the company,...


Romney confirms he's not Trump's pick for secretary of state

Trump will reveal his Secretary of State pick on Tuesday amid reports that his choice is longtime Exxon Mobil CEO Rex Tillerson . Trump spokesman Jason Mille...


Macquarie-led consortium lodges counteroffer for Australia's Tatts Group

Macquarie Bank has made a bid for Tatts, getting between an $11 billion merger with Tabcorp. The consortium, including private equity giant KKR, has the advan...


Northern Oil and Gas, Inc. (NYSEMKT:NOG)

A number of large investors have recently modified their holdings of the company. The Stock had a 3 Consensus Analyst Recommendation 30 Days Ago, whereas 60 day...


New Lloyds shares sale cuts Government stake in banking group to 7%

The brokerage now has a GBX 52 ($0.66) price target on the financial services provider's stock. The Stock now has Analyst' mean Recommendation of 4 where the ...


Teenager Arrested After Bringing Backpack Filled With Weapons to Trump Tower

Wang's father told police his son has autism and that he's a Trump supporter who simply likes Trump Tower, according to a police spokesman. He was arrested ...


With Fed looming, global shares remain buoyant

They rose with oil, which touched its highest price since the summer of 2015 after OPEC persuaded Russian Federation and 10 other oil-producing nations to annou...


Iran seals deal with Boeing to buy 80 planes worth $16.6B

The Boeing order comprises 50 B737 MAX 8s, 15 B777-300ERs and 15 B777-9s (pictured top). It is expected to help Iran modernize and expand its aging commerci...


Voice Control for Binging: Google Home Gets Netflix Integration Soon

The settings within Assistant still don't show the change - where only Home devices have a dedicated " Home control " section - but the virtual helper on the ...


UK House Prices Set To Rise 2% In 2017: Rightmove

It forecast growth of just two per cent nationally, and five per cent in inner London (where figures published yesterday showed average prices increased just 0...


PA Gas Prices Rise 1.6 Cents/Gallon

It's 16 cents higher than a year ago at this time, when gas in Rhode Island was averaging $2.06 per gallon. Gas prices have climbed nationally for two weeks s...


JCPenney, Sears, Kohl's and Macy's sued over deceptive advertising claims

JCPenney, Sears, Macy's, and Kohl's were all hit with lawsuits this week by the Los Angeles city attorney's office over an alleged " false reference pricing ...


Food exec Puzder to be named Trump's labor secretary

Puzder also told senators early in 2015 the average retail worker in his firm's 2,920 USA restaurants, not counting managers, earns $9.28 hourly. Son of a auto ...


OPEC, non-OPEC agree first global oil pact since 2001

Saudi Arabia has informed its crude oil customers that supply cuts will be enforced from January onwards to comply with the Opec output reduction agreed last we...


Vodafone launches unlimited free voice calling offer for prepaid customers

Another recharge of Rs 348 will allow users to make free local and STD calls on any network in the country. These unlimited calling packages by Idea cellular...


British Cycling's funding slashed by 14 per cent ahead of Tokyo Olympics

Chief executive Sally Munday said: "I would like to thank UK Sport, the National Lottery and the Government for their continued funding of sport in this country...


Murdoch's 21st Century Fox buys Sky in $23 billion deal

Because 21st Century Fox already owns some 39.1% of Sky, buying full control of the company would cost it an estimated £11.25bn. The Independent Directors of ...


OPEC countries agree to first production cut in 8 years

According to him, the details of the deal saw Saudi Arabia agree to take on the highest burden of cuts to a 486,000 barrel a day to its output. Meanwhile, Pub...


Teetering Italian bank looks for investors

Two former cooperative banks, Veneto Banca and Banca Popolare di Vicenza, received cash injections and were taken over by a government-organised fund after smal...


EU starts legal action against 4 states over VW emissions

The measure is the first step in infringement procedures that allow the European Union to take action against its member states for failing to apply the common ...


FCA plans to extend mortgage rules to crowdfunding

The Financial Conduct Authority has said it "believes there is evidence of potential investor detriment" from the actions of peer to peer lenders, and says it...


Restoration Hardware Holdings, Inc.'s (RH)

RH's business is integrated across its channels of distribution, such as its stores, catalogs, including its Source Books, and Websites. WARNING: "Guggenheim ...


Brexit case sees starkly different views of UK constitution

Later yesterday, the government was also forced to accept a Labour motion to be presented in Parliament today by Sir Keir Starmer, the shadow Brexit secretary...


Bank of Canada hold interest rate steady

Donald Trump's election win in the United States has created expectations in financial markets that Republicans in Washington will inject new fiscal stimulus in...