• Despite Amazon, brick stores are not dead yet
    Reuters39 minutes ago

    Despite Amazon, brick stores are not dead yet

    Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to bet on the decline of brick-and-mortar retail. As of Friday, these tools were not yet for sale on Amazon. The main index they track inversely, the equal-weighted Solactive-ProShares

  • J.B. Hunt, Wal-Mart climb aboard Tesla's electric truck
    Reuters1 hour ago

    J.B. Hunt, Wal-Mart climb aboard Tesla's electric truck

    Most of the customers who announced plans to put down $5,000 deposits for the Tesla Semi indicated they wanted to test a few of the vehicles. Wal-Mart said it plans to order a total of 15 Tesla trucks, five for the United States and ten for Canada. The company operates a fleet of about 6,000 trucks

  • BlackBerry COO resigns to deal with family issues: source
    Reuters1 hour ago

    BlackBerry COO resigns to deal with family issues: source

    BlackBerry Ltd Chief Operating Officer Marty Beard has resigned from the Canadian software company, effective Dec. 1, to help family members deal with health issues, a person familiar with the plans told Reuters on Friday. Beard, 54, played a major role in helping company Chief Executive John Chen

  • U.S. dollar, Wall St. fall with tax overhaul in focus
    Reuters1 hour ago

    U.S. dollar, Wall St. fall with tax overhaul in focus

    The U.S. dollar was lower on Friday along with Wall Street stocks as investors pulled back from technology stocks and were skeptical President Donald Trump's Republican party would succeed in its efforts at overhauling U.S. tax law. U.S. Treasury yields edged lower, in line with declines in U.S.

  • U.S. dollar, Wall St. fall with tax overhaul in focus
    Reuters1 hour ago

    U.S. dollar, Wall St. fall with tax overhaul in focus

    The U.S. dollar was lower on Friday along with Wall Street stocks as investors pulled back from technology stocks and were skeptical President Donald Trump's Republican party would succeed in its efforts at overhauling U.S. tax law. U.S. Treasury yields edged lower, in line with declines in U.S.

  • Brazil speaker wants city rules for Uber, other car-hailing apps
    Reuters1 hour ago

    Brazil speaker wants city rules for Uber, other car-hailing apps

    The head of Brazil's lower house of Congress said on Friday he hopes that the chamber will undo amendments by the Senate to a bill regulating ride-hailing apps such as Uber Technologies Inc [UBER.UL]. Speaker Rodrigo Maia told Reuters that car-hailing apps should be regulated by the municipal authorities

  • Exclusive: Vale delays sale of stake in New Caledonia nickel mine - sources
    Reuters1 hour ago

    Exclusive: Vale delays sale of stake in New Caledonia nickel mine - sources

    NEW YORK/VANCOUVER (Reuters) - Vale SA has decided to postpone the sale of a stake in its New Caledonia nickel mine after the initial bids for the asset came in at the lower end of expectations, two people with knowledge of the matter said. The sale may be delayed for up to a year, as the Rio de Janeiro-based

  • Wall St. pulls back at week's end with tax changes mulled
    Reuters1 hour ago

    Wall St. pulls back at week's end with tax changes mulled

    Wall Street ended the week on a sour note on Friday, with major indexes slipping modestly as investors weighed the fate of the Republicans' tax overhaul plan. Investors have been hopeful that a tax bill under debate in Congress will boost corporate earnings and further fuel the stock market'

  • Wall St. pulls back at week's end with tax changes mulled
    Reuters1 hour ago

    Wall St. pulls back at week's end with tax changes mulled

    Wall Street ended the week on a sour note on Friday, with major indexes slipping modestly as investors weighed the fate of the Republicans' tax overhaul plan. Investors have been hopeful that a tax bill under debate in Congress will boost corporate earnings and further fuel the stock market'

  • Tesla's unfettered ambition will drain finances: analysts
    Reuters2 hours ago

    Tesla's unfettered ambition will drain finances: analysts

    Musk unveiled one flashy strategy for generating cash during the launch event Thursday for the Semi truck, surprising the audience with a prototype of a new generation of the Tesla Roadster. Musk promised the Roadster will be the fastest production car available. Musk did not offer details about how

  • Apple pushes launch of HomePod smart speaker to early 2018
    Reuters3 hours ago

    Apple pushes launch of HomePod smart speaker to early 2018

    Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday, missing the holiday shopping season as the market for such devices becomes increasingly competitive. "We can't wait for people to experience HomePod ... but we need a

  • U.S. rejects Ford petition to delay recall of 3 million vehicles
    Reuters3 hours ago

    U.S. rejects Ford petition to delay recall of 3 million vehicles

    The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co to delay recall of about 3 million vehicles with potentially defective air bag inflators to conduct additional testing. At least 18 deaths and 180 injuries worldwide have been tied to

  • IANS India Private Limited3 hours ago

    Karnataka to promote start-ups with French collaboration

    Bengaluru, Nov 18 (IANS) Karnataka has signed an agreement with Business France India to collaborate on promoting start-ups in five areas. "We have identified the five areas of collaboration for promoting start-up ecosystems in both countries," Karnataka IT Minister of State Priyank Kharge

  • IANS3 hours ago

    Karnataka to promote start-ups with French collaboration

    Bengaluru, Nov 18 (IANS) Karnataka has signed an agreement with Business France India to collaborate on promoting start-ups in five areas. "We have identified the five areas of collaboration for promoting start-up ecosystems in both countries," Karnataka IT Minister of State Priyank Kharge

  • U.S. agency approves AT&T drone in Puerto Rico for cellular service
    Reuters3 hours ago

    U.S. agency approves AT&T drone in Puerto Rico for cellular service

    The Pulse Vapor 55 drone functions like a cell tower in the sky, providing voice, data and internet service, the FAA said. Puerto Rico's wireless and broadband communications networks, along with its power grid, were devastated after Hurricane Maria made landfall in September. As of Thursday, 39

  • Steep alcohol taxes drive Turkey's drinkers to home-brew
    Reuters4 hours ago

    Steep alcohol taxes drive Turkey's drinkers to home-brew

    Ceyhan says he, like many others in Turkey, has been driven to brewing his own beer by the high price of commercially produced alcoholic drinks and the hefty taxes imposed by Turkey's ruling Islamist-rooted AK Party. Under President Tayyip Erdogan, a pious Muslim known for his dislike of alcohol

  • Volkswagen accelerates push into electric cars with $40 bln spending plan
    Reuters4 hours ago

    Volkswagen accelerates push into electric cars with $40 bln spending plan

    WOLFSBURG/HAMBURG (Reuters) - Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars. The world's largest carmaker by unit sales will spend the money on electric cars, autonomous driving and new mobility services

  • North-Based Cement Firms May Appeal Supreme Court’s Ban On Petcoke
    Bloomberg Quint5 hours ago

    North-Based Cement Firms May Appeal Supreme Court’s Ban On Petcoke

    The petcoke ban will affect its profitability in the short term, Shree Cement says.

  • South Dakota pipeline spill hits TransCanada shares, Canada crude price
    Reuters5 hours ago

    South Dakota pipeline spill hits TransCanada shares, Canada crude price

    CALGARY, Alberta/LINCOLN, Nebraska (Reuters) - Canadian heavy crude prices and TransCanada Corp shares slid on Friday, the day after the Keystone pipeline spilled 5,000 barrels of oil in South Dakota as officials in Nebraska mulled whether to approve another pipeline proposed by the company. It was

  • Reuters5 hours ago

    South Dakota pipeline spill hits TransCanada shares, Canada crude price

    CALGARY, Alberta/LINCOLN, Nebraska (Reuters) - Canadian heavy crude prices and TransCanada Corp shares slid on Friday, the day after the Keystone pipeline spilled 5,000 barrels of oil in South Dakota as officials in Nebraska mulled whether to approve another pipeline proposed by the company. It was

  • CBFC Returns ‘Padmavati’ To Makers Due To Technical Issues
    Bloomberg Quint5 hours ago

    CBFC Returns ‘Padmavati’ To Makers Due To Technical Issues

    Padmavati’s application for certification was “incomplete”, CBFC says.

  • Rs 11 crore cash seized in income tax raids on former NSE bosses
    India Today5 hours ago

    Rs 11 crore cash seized in income tax raids on former NSE bosses

    The income tax department on Friday seized about Rs 11 crore cash as part of its searches in the NSE (National Stock Exchange) servers scandal.

  • IANS5 hours ago

    BSE Sensex to be reconstituted from December 18

    Mumbai, Nov 17 (IANS) Asia Index on Friday informed that lenders IndusInd Bank and Yes Bank will enter the 30-scrip sensitive S&P BSE Sensex from December 18, 2017. According to Asia Index which is a 50-50 ...

  • IANS India Private Limited5 hours ago

    BSE Sensex to be reconstituted from December 18

    Mumbai, Nov 17 (IANS) Asia Index on Friday informed that lenders IndusInd Bank and Yes Bank will enter the 30-scrip sensitive S&P BSE Sensex from December 18, 2017.

  • Nearly 2,000 Siemens employees protest against job cuts
    Reuters5 hours ago

    Nearly 2,000 Siemens employees protest against job cuts

    Siemens employees protested in various German cities on Friday against the company's proposal to cut 6,900 jobs, which a senior Siemens official said could be revised after negotiations with the union. Siemens said on Thursday it wanted to cut about 6,900 jobs, or close to 2 percent of its global