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Volkswagen to pay $200 million for cheating 3.0-liter diesels

The judge said he was optimistic they would reach one. The global scandal erupted past year when the U.S. Environmental Protection Agency said Volkswagen fitted many of its cars with software to fool emissions tests. VW's payments could total as mu...

WPP confirms its agencies have been subpoenaed in DOJ probe

Both company's spokespeople stated that it was this past Wednesday when they received the subpoenas. USA investigators are looking into whether ad agencies colluded with independent video companies to manipulate the bidding process for producing co...

Yellen: Jobs Market Strongest In A Decade

However, some of the challenges Yellen mentioned include "slow economic growth" and "disappointing productivity". Yellen is delivering the keynote at the University of Baltimore's commencement, where she will also receive an honorary doctor of laws...

West side residents react to news of the water ban lift

A water ban remains in the middle of the city. Valero told the Caller-Times that "while we have been named in lawsuits, we are not the source of the contamination in question", and went on to blame Ergon. 16, 2016. Officials said water samples we...

Yahoo reports massive security breach of customer accounts

Yahoo agreed to sell its digital operations to Verizon Communications for $4.8 billion earlier this year. Yahoo says this personal data affected included "names, email addresses, telephone numbers, dates of birth, hashed passwords", as well as s...

USA consumer prices up 0.2 percent in November

With oil prices hovering around $50 per barrel, gasoline prices are likely to push higher. The CPI advanced 0.4 percent in October. The monthly index, which measures changes in the prices of goods and services bought by households, has now risen in...

Zidane lavishes praise on Ballon d'Or victor Ronaldo

The Portugal worldwide was crowned the world's best player for a fourth time on Monday following a year that saw him win major honours with both club and country. Ronaldo teed up Nani for the first equaliser before scoring two of his three goals in t...

Tata Motors' Union extends support to Ratan Tata

On Monday, Tata Industries shareholders voted to remove Mistry as director ceased to be the chairman of the company inthe first such instance of the embattled executive being ousted from the board since his removal as Tata Groupchairman. Considering ...

Fed raises interest rates amid improved economic outlook

The Fed chair said "slack" in the U.S. economy had "diminished" since she and predecessor Ben Bernanke called for a more active government budget boost for the economy in the wake of the 2008-09 deep recession when the jobless rate was "substantially...

Cleaning system from black money very high on my agenda: PM Modi

Pic: NST OnlinePUTRAJAYA: The time is ripe for business and political leaders to come together to support Malaysia's role in building a more unified and resurgent Asia, says Prime Minister Datuk Seri Najib Tun Razak. "There is great depth and histor...

Police Arrest 6 in United Kingdom on Suspicion of Terrorism Offenses

Once again, na number of arrests have been made on terror charges in the United Kingdom, with the alert level remaining high, and the public asked to remain vigilant. All six people are now being held in custody, it added.(end). Police monitor the ...

More than 100 killed in church collapse in Nigeria

The church was packed with congregants during the ceremony to ordain Akan Weeks, its founder, when the metal girders collapsed and the roof gave way shortly before offerings at about noon on Saturday. Construction safety standards are notoriously lax...

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

It is the first such pact between the two sides in 15 years and follows last month's agreement by Opec to reduce its own production by 1.2 million barrels a day. "Emotionally, the market will likely rally", said Mr Adam Ritchie, founder of AR Oil Con...

How the Dow Jones industrial average finished Tuesday

Traders also pointed to covering of short positions ahead of Thursday's meeting of the European Central Bank as a catalyst driving the market higher. Trump euphoria has sent the index up nearly 1,200 points in the four weeks since Trump's shocking ...

Murdoch Makes Second Takeover Tilt at Broadcaster Sky

Directors of Sky and 21st Century Fox had agreed to an offer price of 10.75 pounds per share and Sky's board would recommend acceptance to the firm's shareholders, Sky said in an announcement to the London Stock Exchange. Murdoch's News Corporation a...

OPEC Agrees to Cut Output in Bid to Push Up Oil Price

Energy Information Administration said domestic output is forecast to average 8.8 million barrels per day in 2016, lower than 2015's average of 9.4 million barrels per day and roughly equal to the agency's 2017 forecast of 8.7 million barrels per day...

Gunbattle triggers anti-India clashes in Kashmir

A police officer said protesters tried to storm the site of the gun battle, leading to fierce clashes at several places around the village. Basit said the escalating tensions along the de facto Line of Control or LoC border in Kashmir was not in Pa...

Trump Issues New Warning to US Corporations Moving Jobs Overseas

Critics said it was a standard state economic development deal elevated to national attention by the involvement of the president-elect and that it will invite other companies to seek public money in exchange for not moving jobs out of the U.S.

Unemployment Rate Drops To 4.6 Percent, Lowest Level Since 2007

Friday's announcement means the Federal Reserve will all but likely raise interest rates at its meeting that ends on December 14. Recent data released by the Maryland Department of Labor, Licensing and Regulation reveals that the unemployment ...

Will find way to let poor retain Jan Dhan deposits: Modi

Prime Minister Narendra Modi on Saturday addressed a "Parivartan rally" in poll-bound Uttar Pradesh's Moradabad . Modi added, "When we started opening Jan Dhan accounts, poor people did not know how they would be of any use". "The corrupt are not ...

Ford takes Fiesta upmarket to lift profitability

The Fiesta Active is the first Fiesta crossover model and features an increased ride-height, roof bars and additional cladding, to make it more suited to tackling rougher terrain. "We see this as the most exciting episode in our journey"....

Licence To Requisition Not A Licence To Defame, Says Nusli Wadia

All the key six Tata group companies-TCS, Tata Motors, Tata Steel, Tata Power, Tata Chemicals and Indian Hotels-have called extraordinary general body meetings between Decmber 13 and 26 to remove Cyrus Mistry from all these companies as a director an...

Trump Announces Head Of Medicare And Medicaid Services

Tom Price , who has a long history of wanting to do exactly the opposite of what Trump campaigned on", Sanders said. To learn more about his new cabinet member, check out our Seema Verma wiki! Verma, who has worked closely on healthcare with Vice P...

Hundreds of flights cancelled amid fresh Lufthansa strike

The airline plans to resume regular services Thursday. The union continues to insist on an average annual pay raise of 3.7 percent over a five-year period retroactive to 2012. All in all, over 525,000 passengers have been affected by the last six day...

Iran optimistic on OPEC deal after meeting Algerian minister

U.S. West Texas Intermediate (WTI) crude futures also fluctuated widely before trading at $46.36, 30 cents higher. Oil prices fell more than 3 percent on Tuesday on signs leading oil exporters were struggling to agree a deal to cut production to re...

Fight for $15 plans protests in more than 300 cities

Part of the protest in Denver will include workers at Denver International Airport. Organizers said many participants meant to risk arrest throughout the day to convey the message that "we aren't going anywhere". Some 34 people were arrested in Cam...

Senate trade-off: More Obama judges, Trump gets nominees

Roy Temple, chairman of the Missouri Democratic Party, said his party learned the hard way this election that while tending to the base is important, its message has to adapt and speak to people where they live, whether it's in the Missouri Bootheel ...

A look at 5 Trump business ties that pose conflicts

He noted that he had turned over the management of the businesses to his children, a move ethics lawyers said is not sufficient to prevent conflicts of interest. ■ He said the charges bothered Bannon. It seems fair to say that Seth Meyers has b...

Asian markets mostly gain in quiet trading during US holiday

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent. It is poised to end the week 0.8 percent higher, but remains down nearly 2 percent from its close on November 8 before Donald Trump's surprise election to president, whose ...

Eurozone business activity speeds up in November

Underlying the expansion was a further rise in service sector activity, the fifth in as many months. France's economic recovery gathered pace this month as growth in the services sector offset weakness in manufacturing. The PMI surveys were conduct...

Here's What Hermione Thought Of 'Fantastic Beasts And Where To Find Them'

Jeff Goldstein from Warner Bros said: "The story itself skews a little older". Upon watching " Fantastic Beasts and Where To Find Them ", fans took to Twitter to complain about Depp's appearance as the dark wizard, which is unveiled in the ...

I don't want to 'energize' alt-right movement

White supremacist and Nazi groups have latched on to Trump's campaign and victory, arguing at times that it represents a victory for their own cause. That might have been hard to prove before the videos came out of an alt-right conference for the ...

Sensex Snaps 6-day Losing Streak, Up 196 Points, Nifty Above 8000

The index had dropped by 1,752.54 or 6.37 per cent in previous six sessions to reach six-month lows. Prime Minister Narendra Modi thanked people for expressing "continued faith" in BJP and its "unwavering focus on development and good governance" a...

China Open: PV Sindhu Storms into the Semi-Finals, Ajay Jayaram Out

Binjiao had defeated Sindhu at the French Open and went on to win the Super Series title last month. She reserved a dominant victory against local girl He Bingjiao 22-20, 21-10 in the quarterfinals on Friday. She opened up an eight-point lead a...

Connecticut Loses More Jobs in October

Bureau of Labor Statistics . In Indiana, the seasonally adjusted unemployment rate decreased slightly to 4. 4 percent in October from September. September's rate of 3.6 percent was last hit in June 2001. Local jobless rates for October won't be...

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Breaking News

Tech CEOs to visit White House

Of course this will make it easier for spooks and hackers to snuffle but at the moment that some Pentagon legacy systems still rely on floppy disks which makes the material hard f...

America's biggest banks pass post-crisis stress tests

The Fed said that the banks would collectively lose almost half a trillion dollars in its most extreme scenario but they would still be able to lend money. and Wells Fargo and Co....

Watch a NYC Bus Careen Backwards Down the Street with No Driver

Wednesday in Bushwick, but left it in neutral. No passengers were on board the Queens No. 58 route, from Ridgewood to Flushing. The bus eventually stopped at the intersection of ...

Burned body of Oklahoma minister discovered near his church

Guest speaker: Elder Donna Myles, Community Missionary Baptist Church , Dallas. Memorial Road Church of Christ , 2221 E Memorial Road, "Shine So Bright", 9 to 11:30 a.m. Mond...

Time to Get US Air Traffic Control Out of the 1960s

Huerta released a brief statement, saying he supports "looking at new ways to help us provide stable and sufficient funding to more rapidly modernize our system, while maintainin...

Oil prices under pressure from rising OPEC supplies

Global benchmark Brent crude futures fell to $49.93 a barrel, down 70 cents, or 1.38 percent, by 0630 GMT. Refinery crude runs rose 229,000 barrels per day to 17.5 million bpd, ...

Moody's reduces China's credit rating over debt concerns

Moody's also changed its outlook on China to stable from negative after revising the outlook to negative from stable in March 2016. It's "absolutely groundless" for Moody's to a...

NEXT plc (NXT) Upgraded to Buy at Investec

They presently have a GBX 1,100 ($14.31) target price on the stock. Barclays Capital's target price per share indicates a potential downside of -6.59% from the company's previous c...

Fox News May Be Having Ratings Troubles, Here's The Latest

Sean Hannity reassured viewers Tuesday that he is staying at Fox News , after the network signaled a lower tolerance for conspiracy mongering by retracting an article about the...

Montana's absentee vote turnout in the spotlight after Gianforte 'body slam'

Jacobs was trying to ask Greg Gianforte a question about the Congressional Budget Office's score of the GOP healthcare bill to repeal Obamacare when the alleged assault happen...

Special Reports

Supreme Court puts new restriction on patent trolls

Supreme Court puts new restriction on patent trolls

More than a third of all patent-infringement lawsuits filed between 2014 and 2016 were filed in just one of the 94 federal courts: the Eastern District of Texas , which some say i...

Westpac says new major tax to impact 2H17 by $65M after tax

Westpac says new major tax to impact 2H17 by $65M after tax

The lender, which posted a $7.8 billion full-year profit in 2015/16, says the 0.06 per cent levy would apply to $615 billion of liabilities, with the cost on an annualised basis ab...

Aust men's sevens team in London q-finals

Aust men's sevens team in London q-finals

Australia has qualified for the Cup quarter finals, winning two of its three pool games on day one of the World Series London Sevens tournament. It's so special and I'm so proud ...

Actress Reema was most cheerful person on sets: Rajeev Verma

Actress Reema was most cheerful person on sets: Rajeev Verma

The Marathi actress was taken to the hospital late on Wednesday night after she complained of chest pain. Lagoo's son-in-law Vinay Waikul told PTI, "She was complaining of chest ...

Trump to address graduates of US Coast Guard Academy

Trump to address graduates of US Coast Guard Academy

He seemed defiant though, telling the grads. "Never, never, never give up. Things will work out just fine", Trump continued, in what sounded like a pep talk to himself as much ...