Lyft raises $1 billion and partners with GM to develop driverless cars
General Motors has invested $500 million in Lyft motors. Lyft, whose cars can be identified by their pink moustache, offers a similar service to Uber but seeks to stand apart with a simpler app inte...

China stocks start new week with another drop
Four days later, on January 7, the China Securities Regulatory Commiss...

Saturday's Powerball jackpot at $900M, have you bought your ticket(s) ?
Powerball set a record for the biggest jackpot ever when it reached a ...

Sensex, global markets recover after China scraps trading curbs
This caused China stock markets to descend 7 percent, right up to the ...

Stocks and oil calm as China markets steady
Energy stocks continued to decline, as drilling services company Trans...
-
As oil plunges, energy companies cut jobs, postpone projects
Brent for February settlement decreased 69 cents, or 2.2 percent, to $30.86 a barrel on the London-based ICE Futures Europe exchange. The price of crude is do...
-
Sean Penn has 'nothin' to hide' over El Chapo article
Mexico has received guarantees from a court in Texas that if it receives Guzman as part of his extradition , it will not seek the death penalty against him, ...
-
GM Will Invest A Half Billion Dollars In Lyft Partnership
It comes as part of a $ 1 billion fundraising effort by Lyft. GM and Lyft announced the joint venture on Monday, with the two companies agreeing to work to...
-
GM and Lyft Team Up for Robot Taxi Service
Lyft's key rival, Uber, has invested in autonomous vehicle research while also benefiting from investment by Google. General Motors will not only support Lyft w...
-
Andy Murray targets Novak Djokovic flaws at Australian Open
Squeaking sounds of the shoe-soles rubbing against the hard surface coupled with grunts and a one off "habibi" or a "we love you" broke the silence as the two T...
-
GM, Lyft To Develop Self-Driving Cars With $500M Partnership
The partnership also better positions the automaker for a future in which customers don't buy cars every five or six years but share rides or hail drivers when ...
-
Golden Globes 2016: Matt Damon left unimpressed as Ricky Gervais makes Ben
Sunday night, Ricky Gervais, who hosted the three ceremonies before the Fey/Poehler years, returned. Among the nominees with the most to gain from a best-pi...
-
Global markets mixed after Chinese shares gain — Business updates
The exchange rate then was relatively stable for a few weeks, but has fallen 2.6 percent more in the past month. Japan's Nikkei was 0.4 per cent higher, while H...
-
Shanghai index close down 5.33% on economic worries
A rebound in Chinese stocks helped shore up the mood in global stock markets Friday in the run-up to U.S.jobs data. On Monday, the Shanghai Composite Index ...
-
US B-52 bomber flies over S. Korea
Mr Wang also held talks with his South Korean counterpart, Yun Byung-se. Lee says the institute will continue to collect and analyze more samples. Doing so ma...
-
Wall Street could get gloomy after Chinese stocks plunge
Chinese investors use a computer terminal to check stock prices in a brokerage house in Beijing , Friday, Jan. 8, 2016. Chinese investors watch stock market ...
-
Djokovic to face old foe Nadal in Qatar final
Nadal won 100 percent of his first service points in the opening set, 89 percent overall, and allowed only one break point, which he held. "To be back in a fi...
-
Economy
Seoul resumes propaganda broadcasting on border with North Korea
In August 2015, South Korea resumed the propaganda broadcasts for the first time since 2004. Before the broadcasts began, U.S. Secretary of State John Kerry h...
-
Things You Need to Know About the Jobs Report
The unemployment rate for people with disabilities across the country dropped sharply in December to 10.3 percent, the U.S. Department of Labor said Friday. "Wo...
-
China's market turmoil a symptom of other problems
With the circuit breaker deactivated late on Thursday, the CSI300 index was up 1.75 percent at 3,351.97 points in morning trade on Friday, while the Shanghai Co...
-
Chinese yuan strengthens against dollar
China's securities regulator also unveiled new rules on Thursday to restrict selling by big shareholders who have been locked into their holdings for six mont...
-
Economy
Bumper US jobs figures give stock markets further lift
Chinese stock markets packed enough drama for a few months into a spectacularly condensed half-hour collapse on Thursday. (AP Photo/Eugene Hoshiko). It will a...
-
Mexico Fears Currency War After China's Yuan Move
Chinese stocks were volatile Friday and other Asian markets rebounded a day after a sharp sell-off in China rattled global markets. Offshore yuan fell to a fr...
-
North Korea says South's propaganda broadcasts push situation to 'brink of war'
The institute will continue to collect and analyze more samples. If the United States guarantees that no attempts would be made to disarm or destroy North Korea...
-
U.S. stock market experiences 120-year-old decline
The upbeat suggested that a recent manufacturing-led slowdown in economic growth would be temporary. All 10 major S&P 500 sectors were higher with the consu...
-
Economy
Saudi plans spending cuts, revenue push to shrink 2016 budget deficit
The kingdom has announced a raft of public spending cuts after it logged a record $98 billion deficit in 2015. According to the KSA Ministry of Finance's annu...
-
China drops stock market 'circuit breakers' after four days
A woman is reflected on an electronic stock board of a securities firm in Tokyo, Thursday, Jan. 7, 2016. For the second time this week, trading was halted autom...
-
GM is investing $500 million in Lyft to create driverless cars
In a statement, Dan Ammann , the GM President said " We see the future of personal mobility as connected, seamless and autonomous ". In a press release , GM...
-
GM Bets on Lyft, Invests $500M Towards Autonomous Driving
GM will also work with Lyft to provide short-term rental hubs where people who do not own cars can pick up a vehicle and drive for Lyft to earn money. Through t...
-
Criminal investigation underway at Chipotle after norovirus outbreak
Sales fell 30 percent at established locations in December, Chipotle said Wednesday. You agree that you are exclusively responsible for your communications and ...