Money

Rio Olympics: US Women's Gymnastics Wins All-Around Gold

The Americans' second straight Olympic team triumph - and third overall - was never in doubt. Martha Karolyi leaned forward, her hands clutching the railing i...


Consumer spending picks up in July

This marked a recovery from the 0.5% fall witnessed in June and was the strongest performance since January. The report said the rise was mainly due to disc...


Scores of Republicans abandoning Trump

The letter adds that none of the signees will vote for Trump , thought it notes that many Americans "have doubts about Hillary Clinton , as do many of us", ...


'Sun Yang p**ses purple' says French swimmer Camille Lacourt

Yang won gold ahead of Chad le Clos of South Africa and Conor Dwyer of the United States. "I can see where Mack is coming from and I'm great friends with Mack...


Tim Tebow to play ball, but not the sport you think

The star college quarterback has reportedly been training in Arizona and Los Angeles for nearly a full year, working on his hitting and fielding skills. It'll b...


Tesla Motors discloses $1.1 bln in cash needs

That includes $1.7 billion from a public offering in May and a $678 million credit line. The filing to the U.S Securities and Exchange Commission also include...


Noticed the purple bruises on Michael Phelps? Here is what they are

He was too overcome with emotion on the top spot of the medal podium. The seeds for numerous medals the USA track team hopes to win in Rio de Janeiro were pla...


Vail Resorts announces purchase of Whistler Blackcomb

Both stocks were up in early trading Monday, with Vail Resorts shares rising about 4.9% to $151. and Whistler Blackcomb soaring 43% to C$36.00. Vail Resorts n...


Hulu dropping free video as it prepares cable TV alternative

The ad-supported side of the streaming video service is being killed off, and anyone who is now making use of the free option will be moved to a free trial of a...


FTSE 100 bosses get 10% pay rises as average hits £5.5m

The High Pay Centre found that the average pay for a FTSE 100 chief executive was £5.5m in 2015, up 10% from the previous year. The average pay of a FTSE 10...


Billings flights depart with short delays after Delta Airlines computer issues

Delta Air Lines has begun limited flights after a power outage in Atlanta led to a global computer shutdown. Eastern started the cascading meltdown. Delta sai...


China's imports, exports fall again in July

Weak global demand has hampered efforts to shore up Chinese trade and stave off job losses in export industries. The figures indicate that China's overseas ship...


Stocks rise and pound drops as BoE cuts rates

Carney also signaled that the bank could cut rates further this year, but ruled out the possibility of negative interest rates. The Bank of England said une...


Calls From Ellicott City Flooding Released

County officials first have to assess the extent of damage, which should take about three days, she said. The governments sent emergency responders, planners ...


USA rig count up 1 to 463; oil rigs up 3

There was an increase in the number of oil rigs to 381 from 374 previously while the number of natural gas rigs again declined to 80 from 86 previously. US gaso...


McDonald's Just Made A Major Change To Its Chicken McNuggets

McDonald's says it has already stopped using chickens raised with antibiotics prescribed to humans and intends to switch to cage-free eggs in the next decade. ...


Sam Mikulak Gets USA Flag Buzzcut For Olympic Games

On pommel horse in the fifth rotation, he had his first hiccup of the day, stumbling on the apparatus on his Sivado skill before remounting for his dismount. ...


Greek athlete tests positive for banned substance, has left Olympic Village

A FINA spokesman declined to comment, saying the federation would issue a statement "if we have something to say". She was banned for 16 months in 2013 afte...


Google Advertising Boosts Company Profits

Net income for the quarter at $4.88 billion was 28 percent higher on a year-over-year basis. YouTube is in a prime position to strike, with an audience of more ...


Dayashankar Singh's family files FIR against Mayawati, BSP leaders

Police had filed an FIR against him under relevant sections of the Indian Penal Code and Scheduled Cast and Scheduled Tribe Act after the BSP lodged a complaint...


GST Bill: Opposition worried over loss of states' revenue

The council would make recommendations to the union and the states on important issues like tax rates, exemptions, threshold limits, dispute resolution modaliti...


Box office recap: 'Star Trek Beyond' soars past the competition

Fox's animated " Ice Age: Collision Course " debuted, with $21 million. While Ice Age was the biggest disappointment Lights Out , which grossed in 4th plac...


SABMiller pauses integration work with AB InBev

The transaction now values SABMiller's entire "issued and to be issued" share capital at around £79 billion ($103 billion), AB InBev said. Anheuser-Busch ...


Moody's: Atlantic City likely to default Monday without loan

The terms, though, are steep: If the struggling Jersey Shore gambling town can't pay back the loan, the state will be able to seize some city assets, such as it...


Mobile Posts 1.9M Net Adds, 1.27% Churn for Q2 2016

Revenue grew to $9.2 billion. T-Mobile is able to outperform competitors in service revenue growth because the bulk of postpaid additions (73 percent in Q2 20...


Affordability constraints hold back pending home sales

In the West, where prices are highest, sales fell 1.3 percent in June from May and are now 1.8 percent below a year ago, the only region to see an annual drop. ...


Corporate lawyers argue over whether Colbert can be Colbert

Stephen Colbert teased the corporate legal world Wednesday night on The Late Show , when he brought back a familiar bit despite any potential repercussions. S...


The bloody veggie burger can finally be yours

There was no blood at the worldwide debut of the Impossible Burger, a fake meat startup's $80m investment to see if a meat-free burger substitute could convince...


Sprint shares accelerate after customer boost

The number-three mobile carrier did have some positives in its earnings report, however, as it announced the addition of 173,000 Sprint-branded postpaid mobil...


Netflix share price falls 15% as global subscriber growth disappoints

Netflix said in its filing that it added 160,000 domestic customers, well under the 500,000 it told investors to expect three months ago. In the wake of the ...


Amazon launches Prime subscription service in 100 Indian cities

It's unclear at this point how long this inaugural price will be valid. "Tens of millions of members around the world enjoy the best of Amazon with a Prime me...


Interest rate cut looming

Australian consumer price inflation (CPI) improved in the second quarter but remained below the Reserve Bank's official target, leaving the door open for anothe...


Boris Johnson gets backing from U.S., seeks solution for Syria

But he said Tuesday the focus ought to be on pressing global crises like Syria and Yemen's civil war: "Those to my mind are far more important than any obite...


Avnet's $911 mln deal for UK's Premier Farnell trumps rival bid

Avnet, Inc. ( NYSE:AVT ) announced today that it has reached agreement with the Board of Directors of Premier Farnell plc (" Premier Farnell ") on the terms o...


Amazon reports 31.1 percent jump in revenue

The online retailer' profit and revenues for the quarter trumped Wall Street estimates. Stats on Amazon.com, Inc. Amazon reported earnings per share min...