Posts From Live Index

Starbucks stock rose as much as 5% Tuesday after Pershing Square Capital Management, a hedge fund led by activist investor Bill Ackman, disclosed a stake in the coffeeshop chain. The investment—which Ackman announced during a presentation at a New York

MUMBAI (Reuters) – Manzoor Ahmad lost his job as an electrician and is struggling to make ends meet after a crucial road tunnel project shut down in Srinagar, the summer capital of Jammu and Kashmir state in the north. Construction

President Donald Trump isn’t happy with the latest hike in interest rates. The Federal Reserve on Wednesday raised rates for the third time this year, reflecting a strong economy with low unemployment. Hours later, the president again broke with tradition

LONDON (Reuters) – Comcast beat Rupert Murdoch’s Twenty-First Century Fox in the battle for Sky on Saturday after offering 30.6 billion pounds ($ 40 billion) in a dramatic auction to decide the fate of the pay-television group. The U.S. cable

Move over Russia and Saudi Arabia. America has reclaimed its throne atop the oil world. For the first time since 1973, the United States is the world’s largest producer of crude oil, according to preliminary estimates published on Wednesday by

From Argentina’s peso to the Turkish lira, the currencies of emerging markets are taking a battering. Both economies have been plunged into turmoil this year. Their currencies have collapsed, coming under pressure from an array of forces including rising US

1. Big Tech heads to Washington: Top brass from Twitter and Facebook will face off with members of Congress Wednesday. Twitter(TWTR) chief Jack Dorsey and Facebook (FB) Chief Operating Officer Sheryl Sandberg will appear before the Senate Intelligence Committee at

WASHINGTON (Reuters) – U.S. President Donald Trump said on Saturday there was no need to keep Canada in the North American Free Trade Agreement and warned Congress not to meddle with the trade negotiations or he would terminate the trilateral

The Chinese tech company brought to its knees by a crippling US ban says it will soon be back in the black. ZTE(ZTCOF), which makes smartphones and network equipment, was thrown into crisis in April when the US Commerce Department

Coca-Cola is betting coffee shops will bring it closer to total beverage domination. On Friday, the company announced that it has agreed to buy UK coffee chain Costa Coffee for $ 5.1 billion. It’s an unusual move. Traditionally, big beverage