Money

Co-op Bank discontinues sale process amid rescue deal hopes

The CEOs of several small British lenders from OneSavings Bank Plc to Metro Bank Plc have also said they would be interested in acquiring assets if the BOE ulti...


Western Digital resubmitted bid with KKR for Toshiba's chip unit

WDC had objected to Toshiba's sale of its stake in their flash foundry joint venture and taken Toshiba to an global arbitration court plus filing an injuncti...


Study shows minimum wage increases do not reduce jobs

For an average low-wage Seattle worker, that's a loss of about $125 per month, the study said . Raising minimum wages force businesses operating on tight...


Is the Whole Foods acquisition the beginning of Amazon's endgame?

Amazon has an obvious ability in e-commerce, but retailers such as Wal-Mart and Target have recently aggressively stepped up their digital efforts. I think we...


Petra Kvitova vs. Ashleigh Barty 2017 Aegon Classic Final Pick, Odds, Prediction

Kvitova will play Ashleigh Barty on Sunday following the Australian's impressive 3-6 6-4 6-3 win over Garbine Muguruza , the sixth-seeded Spaniard. So yeah, ...


Unruly passenger on flight to Houston released from federal custody

The incident happened on Southwest flight 4519 which was headed from Los Angeles to William P. Hobby Airport in Houston . The woman who captured the cell pho...


Italy makes 5.2B euros in resources to keep 2 banks afloat

The government kicked in 5.2 billion euros to keep the takeover from weakening Intesa Sanpaolo's finances, and gave credit guarantees for a further 12 bil...


Arab states present 13 point demands to settle Qatar crisis

In recent years , critics have argued that it is strongly supportive of Islamists, especially Egypt's now-banned Muslim Brotherhood . The four countries ha...


Why it would be tough for Dems to quit Nancy Pelosi

The sixth district is considered heavily Republican and has not been held by a Democrat since the 1970s. Responding to calls by some in her Democratic caucus ...


Amtrak Hires Longtime Delta CEO Richard Anderson as New Leader

Amtrak already had announced service reductions along the Northeast Corridor as a result of the rebuilding program. In 2018, he expects to remain affiliated ...


Low Turnout Overshadows Puerto Rico Vote In Favor of US Statehood

According island's election commission (CEE in Spanish) had reported that about 23 percent of the island's eligible voters had cast ballots and 97 percent ...


How major US stock market indexes fared on Tuesday

The Dow added 144 points to finish the day at 21,528 and the S&P rose 20 points to 2,453. Brent crude , the global standard, fell 98 cents to $45.93 per barr...


Meet the World's Ugliest Dog, 3-year-old Martha!

While talking about Martha's habits, her handler said she snores so loudly it is impossible to sleep with her in the same room. Since her win, Martha's ...


Google Home now supports multiple users in the UK

Google will be officially launching Google Home here, as well as in France, Germany and Japan later this year. Kanetix Ltd.'s mission is to help every Canadian ...


The Government Still Uses Floppy Disks - Trump Wants To Change That

Ivanka Trump caught everyone's eye when she showed up Monday to her husband Jared Kushner's first speaking event as President Donald Trump's senior adviser...


Trump tweet not meant to confirm he is under investigation

President Donald Trump confirmed Friday he was under investigation and appeared to take aim at a senior Justice Department official, in a tweet that seemed to ...


Co-op Bank close to sealing £700m rescue deal with United States hedge funds

The lender, which is now 20 per cent owned by the Co-operative Group , made the decision to discontinue the formal sale process, ending talks with a Qatari-Swi...


Oh my Tosh: WDC submits fresh bid for Toshiba memory biz

The sale has received a lot of attention, with U.S. chipmaker Broadcom believed to have bid around $20bn for the unit with its partner Silver Lake, the U.S. Tos...


Seattle's Minimum Wage: How High Is Too High?

The most reliable way to distinguish between the two scenarios, both of which are consistent with the data in the University of Washington study, is to comp...


Southwest flight diverted after woman attempts to open door

They also said she was walking backward, and questioned why she was allowed on the flight. An off-duty rookie officer happened to be a passenger on the flight...


Takata, brought down by airbag crisis, files for bankruptcy

On Monday (26 June), the company filed for chapter 11 bankruptcy protection in the USA and took similar actions in Japan. Key Safety Systems Inc.is owned by C...


Honor 9 is official: Flagship specs + curved glass for £379

It is also worth noting that the phone was originally announced in China earlier this month. This pleasingly compact handset uses a blend of materials for a sat...


ECB President optimistic about economy, inflation rising; euro boosted

Despite lower Treasury yields, the dollar extended overnight gains and was firm at 111.800 yen JPY= after briefly rising to a one-month peak of 112.075. The N...


Three dead, including two children, in Mississauga crash

The relationship between the passengers in the Mercedes was not yet known. Police are urging anyone near the area at the time of the crash to come forward. Wi...


Martin Shkreli: Jury Selection Begins in 'Pharma Bro's' Federal Fraud Trial

Another juror pretended to wring Shkreli's neck as he sat several feet away in the courtroom, saying she viewed him as "a person who puts profit over everything...


Image of the United States has plunged under Trump, survey shows

When each country was asked which leader they had confidence in to "do the right thing regarding world affairs", only Israel and Russian Federation had more con...


Google fined a record 2.4 billion euros in EU antitrust case

The watchdog said Google was the most dominant search engine across the 31 countries in the European Economic Area (EEA). Currently, if a user searchers f...


Kogas to Get First US LNG Cargo in July

A special permit is needed to send natural gas to countries without a US free trade agreement, a scenario that could present roadblocks for future LNG exports...


Fridman's L1 Retail to buy Holland & Barrett for around $2.3 billion

Researchers Euromonitor reckon the health and wellness market grew 4.8 percent a year between 2011 and 2016, reaching a total value of $704 billion last year. T...


Cuomo Calls Lawmakers Back to Albany for NYC Schools Issue

Punishes New York for its support of women's reproductive rights by taking away access to tax credits that are meant to make health insurance more affordable. P...


EU, Britain possible to strike 'fair deal'

Questions over Irish border are said to have received the most focus on the first day of talks. But Davis, the British negotiator, told reporters Monday tha...


Sprint discusses mobile services with Charter, Comcast

The cable companies are interested in securing a wireless resale agreement with Sprint that includes more favorable terms than what they now have with Spri...


Toshiba races clock to bring good news to shareholders

Last Wednesday, Toshiba said it selected a consortium led by the state-backed Innovation Network Corp. of Japan as a preferred bidder. Toshiba is aimi...


Australia's Crown says fined by Chinese court over gaming offences

The case prompted Crown, the world's biggest listed casino company outside of China , to retreat from global expansion plans and sell off assets in China's...


Oil price falls below $45 for first time in 2017

Brent crude futures were down 15 cents at $44.67 a barrel at 0850 GMT, after spending much of the Asian trading day in positive territory. As a result, U.S. ...


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