• AT&T acquisition of Time Warner cleared by judge

    AT&T acquisition of Time Warner cleared by judge

    Money

    It would be a notable moment if the high court's justices decide to take the case, since the Supreme Court has not taken up a merger case since the 1970s. In after-market trading following the ruling, shares of Time Warner rose almost 5 percent and AT&T shares fell 1.6 percent. Months before Trump nominated him to the Justice Department's leading antitrust position in 2017, Delrahim even had expressed an openness to the combination of AT&T and Time Warner, predicting in an interview on ...
  • Bitcoin price falls 10% following hack on exchange

    Bitcoin price falls 10% following hack on exchange

    Money

    The news sent cryptocurrencies tumbling, with bitcoin losing about 13 per cent, ethereum down 12 per cent and ripple nearly 20 per cent lower as traders fret over the safety of their investments. While the latest hacking target - a South Korean venue called Coinrail - is much smaller, the news triggered knee-jerk selling by investors, according to Stephen Innes, head of Asia Pacific trading at Oanda Corp.in Singapore.
  • Justin Trudeau Criticizes Trump, Says Canadians 'Will Not Be Pushed Around'

    Justin Trudeau Criticizes Trump, Says Canadians 'Will Not Be Pushed Around'

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    As Trump flew from the summit with USA allies to a planned meeting with North Korean leader Kim Jong Un in Singapore, he lashed out at Trudeau for what he said were his " false statements" at a news conference and said the United States would not endorse the G7 communique, a negotiated statement on shared priorities among the group.
  • After Helping ZTE, China Warns Firms Not to Be ‘Giant Babies’

    After Helping ZTE, China Warns Firms Not to Be ‘Giant Babies’

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    Under the deal, ZTE must retain a compliance team selected by the Commerce Department for 10 years. "We will closely monitor ZTE's behavior", Ross said in a statement. Back in April, the United States government announced a complete and total ban of any U.S. components manufacturers from selling to Chinese telecom and handset giant, ZTE (HKG:0763).
  • U.S. company Kitty Hawk unveils flying car prototype

    U.S. company Kitty Hawk unveils flying car prototype

    Money

    Instead, Kitty Hawk says it wants to partner with companies to establish fleets of Flyers around the world for recreational users to enjoy. That said, even if it did, the aircraft is only meant for flying over water and only flies between three and ten feet off of the surface, so even a worst-case scenario would only involve a short plop into the water.
  • NTSB releases preliminary report on fatal Model X crash

    NTSB releases preliminary report on fatal Model X crash

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    Walter Huang was fatally injured when his Tesla Model X P100D slammed into a previously damaged crash attenuator on Highway 101 in Mountain View on March 23. The driver's hands were not detected on the wheel in the six seconds before the collision, investigators said. During that time the auto provided two visual and one auditory alert for the driver to place his hands on the steering wheel.
  • White House comes out fighting on Roseanne racism row

    White House comes out fighting on Roseanne racism row

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    Actor Josh Gad made a reference to Barr's later tweet , in which she said that Ambien sleeping pills had been to blame for her initial tweet about Ms Jarrett. ABC and Disney had taken notable steps to be more inclusive in its entertainment, and Dungey is the first black to be entertainment president of a major broadcast network.
  • Microsoft is acquiring GitHub for $7.5 billion

    Money

    Later today (or whenever the reported deal is made official), Microsoft will have plenty of questions to answer for concerned developers and programmers who rely on the platform to host their code. Others wondered about Microsoft's renewed power in software, particularly since Microsoft also owns LinkedIn, potentially giving it a huge leg up in the field of technical recruiting .
  • Canada to retaliate against U.S. steel and aluminum tariffs

    Canada to retaliate against U.S. steel and aluminum tariffs

    Money

    Ross said the USA would consider the effect of those measures. US President Donald Trump is to press forward with tariffs on steel and aluminium imports from key trading partners including the EU, Canada and Mexico . In March, he said the U.S. would impose tariffs on imported steel and aluminium. Mexico said it would penalize USA imports including pork bellies, apples, grapes, cheeses and flat steel.
  • AAA: 42 million Americans to travel this Memorial Day weekend

    AAA: 42 million Americans to travel this Memorial Day weekend

    Money

    Ohio's average gas price according to AAA is $2.91, which is just below the national average at $2.97, but gas in Toledo is higher than most other spots in the state at $2.96. The average price for unleaded gas in Bay County is $2.89. Of Californians on the move over the Memorial Day travel holiday - which is considered Thursday through Monday - more than 4.3 million or 88 percent will be road tripping.
  • USA team heading to Singapore to work on summit

    USA team heading to Singapore to work on summit

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    On Sunday, current United States ambassador to the Philippines Sung Kim led a team to the northern side of the "Unification House" along the DMZ for talks on North Korea's nuclear program. He told reporters Friday that "everybody plays games". Analysts say Mr. Kim's diplomatic outreach in recent months after a flurry of nuclear and missile tests in 2017 indicates he is eager for sanctions relief to build his economy and the worldwide legitimacy the summit with Mr.
  • Chrysler recalls 4.8M cars, SUVs, trucks

    Chrysler recalls 4.8M cars, SUVs, trucks

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    The recall addresses what Fiat Chrysler called an "extremely rare" series of events that could lead to drivers being unable to cancel cruise control, a electronic device that allows a vehicle to maintain a constant speed without driver intervention.
  • Oil tumbles on shocking crude inventory build

    Oil tumbles on shocking crude inventory build

    Money

    Brent futures dipped 4 cents to $79.53 a barrel by 0006 GMT, after climbing 35 cents on Tuesday. Benchmark Brent LCOc1 futures were down 59 cents at $79.21 a barrel by 0922 GMT, while USA crude futures CLc1 eased 41 cents to $71.43 a barrel.
  • NFL sparks new questions over anthem; Trump lauds league

    NFL sparks new questions over anthem; Trump lauds league

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    Teams will be required to stand for the national anthem , though players have the option to stay in the locker room. Trump denounced the players as unpatriotic and repeatedly demanded an end to such protests. The protests, in a league where African-Americans make up the majority of players, continued for much of the past season, with some players kneeling when the anthem was played and others standing arm-in-arm in solidarity.