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Stories about Money

Feb 21 2018

HSBC annual profit disappoints, plans up to US$7b capital raising

The 2017 result was less than the $19.7bn average estimate in a Reuters poll of analysts. 'Revenues and profits were sharply higher, against fairly weak comparatives, b...

Feb 21 2018

Venezuela launches cryptocurrency called Petro

Venezuela launches Petro Coin today - nearly 84 million tokens are initially available for sale. The Petro would act as a way to circumvent US-imposed sanctions,...

Feb 21 2018

Netanyahu ally suspected of trying to bribe judge to drop corruption case

The latest case surrounds Nir Hefetz , a longtime media adviser to Netanyahu and his family. "A senior public servant was approached with a proposal to help promote he...

Feb 21 2018

American Airlines employee saves young girls from suspected sex trafficker

When two teenage girls tried to check in for a flight from Sacramento to New York, American Airlines customer service agent Denice Miracle noticed something wasn't right....

Feb 21 2018

Britain urges European Union to work jointly on Brexit deal, won't undercut rivals

Davis will talk about how Britain will continue to maintain the highest global standards and is committed to workers' rights, financial regulation, animal welfare and the...

Feb 20 2018

Coca-Cola HBC net profit rises 24 percent for full year

It has underperformed by 16.70% the S&P500. The Coca-Cola Company (NYSE:KO) has the Market Capitalization of 188.15 Billion. Narrow down focus to other ratios, the ...

Feb 17 2018

Century Aluminum Company Commends Commerce Department Section 232 Report on Aluminum

If the president accepts any of the recommendations from the Commerce Department's report on aluminum imports, it will dramatically increase the cost of aluminum in the...

Feb 15 2018

Salon to use readers' computers to mine cryptocurrency

Salon provides ways to opt out - by turning off ad blockers or using its ad-free paid service. (The guy who created JavaScript recommends doing so.) In Salon's case,...

Feb 15 2018

Trump offers condolences to Putin for plane crash, Kremlin says

Trump has repeatedly complained that Russian Federation is not doing all he says it should to pressure North Korea to lay down its nuclear arms through stringent econom...

Feb 12 2018

Celebrate National Pizza Day with deals and steals

Pizza Hut: Get two medium two-topping pizzas for $5.99, plus Hut Rewards members get 30 percent off the menu price of pizzas. If you love pizza, then today's your da...

Feb 11 2018

Mother gives birth, abandons baby at airport

The child is healthy and in the care of the Arizona Department of Child Safety. The woman told the custodian she was okay and that she just had her period before she ...

Feb 11 2018

Uber settles with Waymo on self-driving

The agreement also comes with a financial settlement of roughly $244 million in stock. The attorney representing Waymo, the self-driving auto company spun out of Goo...

Feb 10 2018

Schulz Says He Won't Enter German Coalition Government

Schulz had said shortly after the election last September that he wouldn't join another grand coalition , insisting the party would instead now "renew itself" in oppos...

Feb 10 2018

State Bank of India posts Q3 loss

NPA provisioning coverage ratio stood at 68.03 per cent as on December 31, 2017, the bank said in a regulatory filing. The results are not comparable from the year-ag...

Feb 09 2018

Why Cboe Global Markets, Inc. Stock Is Sinking Today

The spike in volatility does open up some attractive options market opportunities. "And it blew up in their faces". Trading in the VelocityShares Daily Inverse VIX Sho...

Feb 09 2018

Amazon Launches Free 2-Hour Whole Foods Delivery for Prime Customers

However, all these integrations focused on Whole Foods' brick-and-mortar stores, making the new delivery integration a first and unique offering to push up sales of Who...

Feb 07 2018

CORRECTED - Snap's user growth, revenue beat analyst expectations, shares soar

Snap shares closed the day up more than 1 percent to $14.06. Investors, who had been expecting revenue of $255 million and a loss of 33 cents per share, sent the stock...

Feb 07 2018

End of an era: Best Buy to stop selling CDs

Evidently, the retailer is now demanding that music suppliers agree to buy back any CDs that aren't sold within a 60 days. Target is pushing vendors to switch to scan...

Feb 07 2018

Powell sworn in as Fed chairman

Fed critics say the central bank purposely pushed up the stock market in an effort to create a wealth effect that officials hoped would spill over into the broader econom...

Feb 06 2018

Amtrak South Carolina Crash: Photos & Videos from the Scene

The train was carrying 139 passengers and a crew of eight when it slammed into the parked freight train and derailed. The train crashed into a freight train , kill...