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Business News

Buyers circle suddenly attractive U.S. media companies

WASHINGTON (Reuters) - All of a sudden, it seems, everybody wants to own a U.S. media company. ...

Despite Amazon, brick stores are not dead yet

NEW YORK (Reuters) - Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to bet on the decline of brick-and-mortar retail. ...

Verizon close to announcing digital streaming deal with NFL: Bloomberg

(Reuters) - Verizon Communications Inc, no. 1 U.S. wireless carrier, is close to a new deal with the National Football League for digital streaming rights, Bloomberg reported, citing people familia...

Tesla's unfettered ambition will drain finances: analysts

(Reuters) - Tesla Inc may have to ask creditors and shareholders for more capital to fund development of an electric semi truck, a new roadster and accelerated production of a high-volume electric...

Business jets risk U.S. pilot shortage on competition from airlines

MONTREAL (Reuters) - Business jet operators, already offering double digit raises to attract pilots, could face a labor shortfall in North America as they compete with U.S. airlines for talent, exe...

Apple pushes launch of HomePod smart speaker to early 2018

SAN FRANCISCO (Reuters) - Apple Inc has pushed the launch of its HomePod smart speaker to early next year from December, the company said on Friday, missing the holiday shopping season as the marke...

U.S. rejects Ford petition to delay recall of three million vehicles

WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co to delay recalling about 3 million vehicles with potentia...

Volkswagen accelerates push into electric cars with $40 billion spending plan

WOLFSBURG/HAMBURG (Reuters) - Volkswagen approved a 34 billion euro ($40 bln) spending plan on Friday that accelerates its efforts to become a global leader in electric cars. ...

Reuters poll: Major U.S. tax cuts not likely this year - economists

BENGALURU (Reuters) - U.S. Republicans are not expected to push major tax cuts through Congress this year, according to a majority of economists in a Reuters poll, who in any case were skeptical th...

Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed-sources

TOKYO (Reuters) - Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a ...

Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

CNN Money

Fear & Greed: What emotion is driving the market now?

Fri, Nov 17, 2017

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Tesla's truck, not out until 2019, already has orders

Fri, Nov 17, 2017

Elon Musk finally unveiled the Tesla Semi. Tesla won't begin producing the electric truck until 2019, but Walmart, a major trucking company and a grocery chain headquartered in the Big Three's backyard, reportedly have plans to buy some....

Victoria's Secret is struggling because women want to be comfortable

Fri, Nov 17, 2017

Read full story for latest details....

NAFTA negotiations head to Mexico

Fri, Nov 17, 2017

Round 5 of NAFTA negotiations begins in Mexico City on Friday. So far, no progress has been made on divisive issues, such as rules of origin....

Wells Fargo fires head of consumer lending for misconduct

Fri, Nov 17, 2017

The bank dismissed the head of its consumer lending division, which churns out mortgages and auto loans....

Saudi central banker: 'Overdue' anti-corruption drive will pay off

Fri, Nov 17, 2017

Read full story for latest details....

Chinese state media just wiped $7.8 billion off this stock

Fri, Nov 17, 2017

Read full story for latest details....

Moody's loves Modi's plans for India

Fri, Nov 17, 2017

The credit rating agency upgraded India for the first time since 2004, looking past this year's growth slump....

Tesla reveals 500-mile range electric semi-truck

Fri, Nov 17, 2017

Read full story for latest details....

You have to pay nearly $1 million just to view these apartments

Fri, Nov 17, 2017

Real estate agents in the city, where housing prices are rocketing upward, are asking potential buyers to stump up $900,000 to view a new batch of luxury condos....