Finance


Uber bleeds more than $1 billion in six months

This implies that the total loses being suffered by Uber during the first half of 2016 is a minimum of $1.27 billion. Gupta reportedly told investors that subsidies for Uber's drivers was responsible for majority of the company's losses globall...

Markets Right Now: Stocks are slightly lower in early trade

These are the high and low price target projections based on the 2 sell-side analysts taken into consideration by Zacks research. The stock's 50 day moving average is $89.02 and its 200 day moving average is $100.01. The disclosure for this purchas...

Brocade Communications Systems, Inc.'s (BRCD)

The Average price target is noted at $9.38, this average price is calculated and based on coming up with go through the consensus of analysts and stock's current price is placed at $10.3. According to these analysts, the Low Revenue Estimate for Bro...

CST Brands (CST) Agrees to Buyout by Canada's Couche-Tard Inc

Hannasch acknowledged that the company's growth, largely due to a series of massive acquisitions including its entry into Europe with the 2012 purchase of Statoil Fuel & Retail, has lifted shareholder expectations. CIBC World Markets analyst Mark Pet...

Men's marathon underway on last day of Olympics

Rupp, a 30-year-old Portland, Oregon, native, also placed fifth in the 10,000-meter race in Rio. In the shadow of the iconic Christ the Redeemer statue, poking through the rain clouds from high above the city, Kipchoge produced a virtuoso performan...

'Ben-Hur' 2016 movie releases: A new take on Jesus' story

In the new movie, Christianity figures more centrally to the plot . Since the plot builds to an epic chariot race, making the film required Huston to train for the action. Rodrigo Santoro is affectingly lovely and compelling as Jesus. Judah...

Mission: Improfitable? Tom Cruise Wants More Money for M:I6

Cruise is reported to have received both an up-front fee and a percentage of the gross profits on all five "Mission: Impossible" movies, and the series is estimated to have earned him upwards of $300 million to date. The conflict happened while pre-p...

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Breaking News

Assemblyman to host town hall meeting in Rome on health care proposal

Nonpartisan political experts are saying the vote could endanger the Republicans' House majority, and the initial polls indicate little support for the bill. Sen. However, this w...

Tesla Selling Solar Roof Tiles

They'll be economically competitive if priced similar to traditional roofing materials plus the cost of solar panels . Interested parties can place an order for a solar roof ...

Buffett: GOP Health Care Bill a Tax Cut for the Rich

Buffett said Saturday that health care costs have gone up incredibly, and are expected to continue increasing. Buffett says Wells Fargo didn't act promptly when it discovered the...

Ryan on Republicans not reading the bill: 'Bogus attack' from the left

While the bill is likely to remembered as one of the greatest bipartisan compromises of the decade, it is not without detractors. That means there will be controversy surrounding a...

Penguins overwhelm Penguins 5-2 to force Game 7

Washington systematically dismantled the defending Stanley Cup champions, who looked listless as they struggled to generate any kind of sustained pressure. But consider the intr...

Estate tax elimination only benefits wealthiest

However, Roberton Williams , a senior fellow at the Tax Policy Center , which analyzes the impact of tax policy changes, told us that Trump's plan "would save high-income peopl...

Trump's Proposed Corporate Tax Cut: In Perspective

That's because it will raise prices on imported goods, he explained. Business investment has been weak for the last couple of years, dragging down economic growth. As a result of...

Facebook shares dip from high as investors fret over costs, future profit

Meanwhile, the number of people using Facebook monthly increased 17 percent to 1.94 billion, according to the earnings report. Much of Facebook's profits was once again dri...

How Donald Trump's U.S. tax cuts could impact Australia

But especially on the business side, Trump's plan lacks numerous details needed to make the numbers work. The data came from S&P Capital IQ and is based on SEC filings. "This is a...

Trump administration unveils tax reform proposal

Mnuchin described the AMT as an unnecessary complication ti the tax code. Though Trump refuses to release any recent tax returns, information from his 2005 return indicates that ...

Special Reports

Trump approaches 100 days in power

President Donald Trump is under heavy scrutiny as the first symbolic milestone of his presidency fast approaches - but it seems Trump is giving himself a pass on his 100-days marke...

Trump calls Canada's dairy trade policies a 'disgrace'

Weins, who did not offer any advice on renegotiating NAFTA given Trump's insistence upon changing the trade rules, says the problems facing USA dairy farmers were all created by o...

Trump to announce important tax reform next week

Trump to announce important tax reform next week

Trump signed an executive order to review major regulations set a year ago and simplify America's notorious tax filing process . "They're too complicated", he said. White House of...

Sharks' Thornton, Couture game-time decision

If the Oilers want to leave victorious and tie this series up, they will have to put on tremendous pressure and get shots on net. Now we need to win game two. It was the first t...

Rondo the kingpin as Bulls hit overdrive

While Butler is averaging 26.0 points, 8.5 rebounds, 5.5 assists, 2.5 steals and 1.5 blocks per game so far this postseason, Rondo is at 11.5 points, 10.0 assists, 8.5 rebounds and...

Watch Addison Russell Hit Big Walk-Off Home Run Against Brewers

Watch Addison Russell Hit Big Walk-Off Home Run Against Brewers

If anyone tries to sell the ring, the Cubs have the right to buy the ring back for $1! During the nine-game homestand, you had wind variances blowing in at 25 miles per hour to ...

Real Brexit talks will only start after June vote: EU Commission

Theresa May has said a snap general election is necessary to prevent opposition parties at Westminster "frustrating" the Brexit process. With Mrs May needing the support of 434...

UK prime minister defends decision to seek snap election

Britain is now gearing up for its third general election in seven years, which comes less than a year after the divisive referendum that decided the United Kingdom would withdraw ...

Giannis Antetokounmpo Dazzles in Playoff Debut for Milwaukee Bucks

Giannis Antetokounmpo Dazzles in Playoff Debut for Milwaukee Bucks

Antetokounmpo's layup to open the second quarter gave the Bucks a 10-point lead, but the Raptors hit back and a driving finger roll by DeRozan had Toronto up by three points....