Economy

Indy 500 winners Dixon, Franchitti robbed at a Taco Bell

Dixon's wife, Emma Davies-Dixon, was with the two veteran Verizon IndyCar Series drivers around 9:40 p.m. ET when the incident occurred. The two teens allegedly stole some credit cards in addition to ...

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NY senators: Withhold Penn Station funds because of delays

NY senators: Withhold Penn Station funds because of delays

But aging tracks combined with two derailments and extensive delays in recent months have turned the windowless maze in the heart of Manhattan into a hell for travelers passing through the gateway t...

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Texas set to pass transgender bathroom law for schools

Texas set to pass transgender bathroom law for schools

Members of the House wanted to act on this issue and my philosophy as Speaker has never been to force me will on the body. "Gov. Abbott has said he would demand action on this in a special session, an...

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Amazon Go Stores Could Land In The UK

Amazon Go Stores Could Land In The UK

Amazon Go stores feature technology that allows shoppers to simply walk in, grab what they want, and leave. "No Checkout. (No, Seriously.)" A corresponding application is being reviewed by the Europea...

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North Korea developing nuclear warheads faster than expected

Haley previously indicated that new sanctions could target oil, a critical import for North Korea mainly from China, and she said Tuesday the US also wants sanctions on organizations and businesses ...

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Things Just Keep Getting Worse for the Fyre Festival Organizers

Things Just Keep Getting Worse for the Fyre Festival Organizers

An investigation would determine whether the implosion of Fyre Festival was an unfortunate fluke or the result of criminal activity. The investigation is being overseen by "a prosecutor assigned to th...

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Sotheby's Sells Basquiat's 'Untitled' for Record $110.5M

Sotheby's Sells Basquiat's 'Untitled' for Record $110.5M

The painting was purchased by Japanese billionaire art collector, Yusaku Maezawa who said he wants to "share that experience with as many people as possible" by owning it. Sotheby's auctioneer op...

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Crude Oil Pulls Up Short Of USD50

Year-to-date compliance with production cuts remained robust at 96 percent", said the report. In the first quarter of 2017, "the oil market was nearly balanced", the International Energy Agency said...

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Court to decide on Trump travel ban

Court to decide on Trump travel ban

US District Court Judge Theodore Chuang said in March, despite the Trump administration's comments about the order not being a Muslim ban, but rather a travel ban, he found "the history of public s...

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GST: Mobile phones to get expensive

GST: Mobile phones to get expensive

India on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts said could complicate compliance and leave businesses at the mer...

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Texas revives transgender 'bathroom bill' for public schools

Under it, transgender students would not be permitted to use their chosen bathroom but could be directed to separate, single-occupancy restrooms. The Texas House voted 96-47 on legislation that bans...

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Misery For Arsenal As Manchester City, Liverpool Book Champions League Berths

Misery For Arsenal As Manchester City, Liverpool Book Champions League Berths

Not until Gini Wijnaldum found the back of the net in stoppage time of the first half did that tension ease. Arsenal finished the Premier League season in fifth, their worst finish in 21 years, ...

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Yemen Cholera Cases Could Hit 300000 within Six Months

Yemen Cholera Cases Could Hit 300000 within Six Months

He said the number of suspected cholera cases could be far larger than those registered as humanitarian workers cannot access some parts of the country. About 75% of people infected with Vibrio cho...

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Celtics seeking validation against Cavaliers in East finals

Celtics seeking validation against Cavaliers in East finals

Kelly Olynyk has stepped up in a big way for the Boston Celtics, putting together a career-best performance to lead his team to a thrilling game seven victory over the Washington Wizards . Celtics gu...

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Hillary Clinton Hilariously Practiced How to Avoid a Hug From Donald Trump

Hillary Clinton Hilariously Practiced How to Avoid a Hug From Donald Trump

Clinton dodges the hug and Reines chases her around and tries to maul her like a hungry bear. In the video, Clinton is seen playfully eluding the outstretched arms of "Trump", played by Reines, much...

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Barclays PLC Reaffirms "Equal Weight" Rating for Aviva plc (AV)

It has by 0.00% the S&P500. In a research report issued to clients and investors on Wednesday, 17 May, Goldman Sachs restate their Sell rating on shares of BARC. RMG has been the subject of a number o...

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Shoulder injury rules Billy Vunipola out of British and Irish Lions tour

Shoulder injury rules Billy Vunipola out of British and Irish Lions tour

Fellow England global James Haskell has taken Vuinpola's place in the touring party, while his Saracens team-mate Mako Vunipola, Jamie George, Maro Itoje, George Kruis and Owen Farrell are also in t...

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Budget pressure likely to keep Saudis propping up oil price

Iraq has achieved its share of the production cut agreement reached by OPEC and non-OPEC producers at the end of past year but remains ready to meet future oil demand growth, according to a speech by ...

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IEA expects speedier oil market rebalancing in H2 but 'much work remains'

Kuwait's Oil Minister Essam al-Marzouq said on Tuesday he supported a supply cut extension until the end of March 2018, echoing suggestions from top producers Saudi Arabia and Russian Federation on Mo...

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Ford to Cut 1400 Jobs in Profitability Push

Media reports about Ford's job cut program emerged earlier this week but were not confirmed by the automaker until today. Ford told its employees this morning that it plans to cut 10% of its salarie...

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In Saudi Arabia, Trump admits India is 'victim of terrorism'

The US leader said this means "honestly confronting the crisis of Islamist extremism and the Islamist terror groups it inspires". He also delivered a closely watched speech to the Muslim world in wh...

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Amazon Introduces New Echo Show With Touch Screen And Alexa Calling

Plus, Amazon is introducing a new chat service that lets you call anyone else with a supported Echo device or the Alexa app. It's powered by Alexa so it can do anything and everything that you ...

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Airlines group urges alternatives to extending electronics ban

President Donald Trump to discuss with Russian officials an Islamic State group terror threat related to the use of laptops on aircraft, while European Union officials said that they had not been no...

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The Shooting Of Terence Crutcher Verdict Is Met With Peaceful Protest

The Shooting Of Terence Crutcher Verdict Is Met With Peaceful Protest

At least four of the 12 jurors, which comprised eight women and four men and included three African-Americans, were reported crying when they left the courthouse. In audio from the helicopter, release...

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Harvard Student Submits Rap Album as Senior Thesis

Harvard Student Submits Rap Album as Senior Thesis

Shaw, who's black, also draws on the works of writer James Baldwin while tackling topics ranging from police violence to slavery. "I've been writing in different capacities, but I never felt that I fo...

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Trump slams Iran in first foreign speech, delivered from Saudi Arabia

Trump slams Iran in first foreign speech, delivered from Saudi Arabia

On Sunday, Trump spoke before a gathering of Muslim leaders at the Arab Islamic American Summit in Riyadh and proclaimed that he was not there to lecture them on the dangers of radical extremism. ...

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Oil Storage Remains Full, Cutback Extension Won't Clear it Or Raise Prices

The Organization of the Petroleum Exporting Countries , Russia and other producers agreed past year to cut production by 1.8 million barrels per day (bpd) for six months starting from Jan 1. One big ...

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All on board to extend oil cuts: Riyadh

Venezuela's average oil price for 2016 was $35.15, down from 2015's $44.65 and 2014's $88.42, below 2013's $98.08, 2012's $103.42 and 2011's $101.06, 2010's $72.43, and even 2009s average price of $57...

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Trump asks Muslim leaders to join 'battle between good and evil'

Trump then told Muslim leaders to uphold their responsibility in confronting terrorism in their own countries by saying they can not "wait for American power", and that they must "decide what kind of ...

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Tillerson holds briefing in Saudi Arabia without US press

Tillerson holds briefing in Saudi Arabia without US press

The comments on May 21 came hours after the USA president singled out Iran as a key sponsor of Islamist militant groups in a speech during his visit to Saudi Arabia. On the second day of his visit to ...

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