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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

Puerto Rico Governor Announces $70 Billion Debt Restructuring Plan

He noted that unlike a regular bankruptcy on the USA mainland, a judge can not unilaterally seize any of Puerto Rico's assets without prior authorization from the federal control...

Need to choke financial resources of Naxal groups: Rajnath Singh

The Home Minister also wanted special action plans through the Universal Service Obligation Fund (USOF) to increase connectivity across the entire extremist-affected areas. the Cen...

Mike Tyson is full of praise for Anthony Joshua

Right before last Saturday's epic fight, Joshua was presented with a bespoke Range Rover SVAutobiography Dynamic, a £150,000 (N61m) auto that would naturally command respect anyti...

Italy gets Google to pay $335 million in tax arrears

In 2015, the last year for which accounts are available, Google Ireland generated sales to the value of €22.6bn - about a third of its total income that year - but only paid €48m i...

National Day of Prayer is Thursday

Signed into law by President Harry S. Truman, this national call to pray for America takes place on the first Thursday of each May. In 1988, the law was amended so that the Nati...

Physicians Realty Trust Setting The Table For Earnings

Among 10 analysts covering MercadoLibre ( NASDAQ:MELI ), 4 have Buy rating, 2 Sell and 4 Hold. Institutional investors now hold around $2.62 billion or 67.5% in QTS stock. The d...

Appeals court upholds decision to block Anthem bid for Cigna

After the merger was first blocked, Cigna filed a lawsuit against Anthem seeking at least $14 billion in damages, which is a lot more than the $1.85 billion contractual breakup...

Here's How Trump's New Tax Plan Could Affect Your Wallet

They must be deeply embarrassed at now having to pretend that two plus two equals seven. Overall it's not even likely that this plan will pass , but if the proposed changes c...

Fiat Chrysler profit up more than a third as Europe improves

On 12/29/2015 announced a special dividend of $0.01 with an ex dividend date of 1/4/2016 which will be payable on 1/5/2016. Fiat Chrysler's earnings increased to €0.43 (46 cents)...

AT&T (T) bleeds customers in disappointing Q1 >>> READ MORE

And T-Mobile did not provide a forward looking statement on Net income, which is normal for T-Mobile. ARPU represents unit service revenues of wireless carriers such as Sprint, Ver...

Special Reports

BOJ Rate Decision: Monetary Policy Left Unchanged Amid Higher Growth Outlook

BOJ Rate Decision: Monetary Policy Left Unchanged Amid Higher Growth Outlook

The Governor, Haruhiko Kuroda believes that the Bank of Japan needs to continue the accommodative policy, and asset purchases since the inflation rates are quite sluggish. At the t...

Watch List: Freeport-McMoRan Inc (NYSE:FCX)

Watch List: Freeport-McMoRan Inc (NYSE:FCX)

Price changes in a company's bonds in credit markets sometimes anticipate parallel changes in its share price. Jefferies Group LLC's price objective suggests a potential upside of ...

Twitter reports $A81m Q1 loss

As for the profit result, Twitter cut its GAAP expenses by 10% on a year-over-year basis and saw its net loss decrease 23% from a year earlier. Twitter Inc reported a 6% incr...

Why to Keeping Eye on Aetna Inc. (AET), Honeywell International Inc. (HON)?

Why to Keeping Eye on Aetna Inc. (AET), Honeywell International Inc. (HON)?

Most recently on 2/23/11 the stock of Honeywell International Inc. Institutional investors own 76.17% of the company's stock. Guggenheim Capital LLC raised its stake in Honeywell I...

LVMH to consolidate hold on Dior in multibillion-euro deal

LVMH to consolidate hold on Dior in multibillion-euro deal

Christian Dior Couture is now considered an independent affiliate of LVMH despite having the same controlling shareholder. - Christian Dior's shares were up 12 percent at 25...