Sears at Fair Oaks Mall is closing for good

There are still 10 Sears open within 30 minutes drive of Crabtree Valley Mall, according to Sears' website. As of May, the retailer had about 800 stores, down from about 1,000 at the end of previous year and far below the 2012 peak of 4,000 stores.... More..

by | Published more than a month ago
Trump (Again) Expresses His Displeasure with Federal Reserve Raising Interest Rates
by | Friday, August 24, 2018

Trump (Again) Expresses His Displeasure with Federal Reserve Raising Interest Rates

Donald Trump chose Jerome Powell previous year to head the USA central bank, promoting a soft-spoken centrist to replace Janet Yellen. Presidents usually avoid criticizing the central bank, which is created ...More..

Trump praises Paul Manafort for refusing to ‘break,’ unlike Michael Cohen
by | Friday, August 24, 2018

Trump praises Paul Manafort for refusing to ‘break,’ unlike Michael Cohen

Cohen's plea came as Manafort, who served as chairman of Mr Trump's campaign, was found guilty on eight charges in a separate financial fraud trial in Alexandria, Virginia, stemming from a federal investigation...More..

Latest leak shows the final design of Google Pixel 3 XL
by | Thursday, August 23, 2018

Latest leak shows the final design of Google Pixel 3 XL

It's been reported that Google tapped Foxconn to build Pixel 3 series, and it seems that some pre-production models have found their way out of China and into the hands of Russian leakers. If that's not...More..

No-deal Brexit: A costly prospect for many consumers and firms
by | Thursday, August 23, 2018

No-deal Brexit: A costly prospect for many consumers and firms

It is our top priority, it is our overriding priority.' he said. "We have developed our own Brexit continuity endorsement for use on programmes when we are not yet satisfied that a carrier has a robust solu...More..

Crude Oil Prices - Weekly Outlook: August 20
by | Thursday, August 23, 2018

Crude Oil Prices - Weekly Outlook: August 20

Iran produced around 3.65 million barrels per day of crude in July, according to a Reuters survey, making it the third biggest producer within the Organization of the Petroleum Exporting Countries (OPEC), ...More..

Australian prime minister could quit Friday
by | Thursday, August 23, 2018

Australian prime minister could quit Friday

His stance forced MPs to put their name to a document that is expected to be made public, slowing down the Dutton camp and leading some of its members to argue the meeting should go ahead anyway because Morriso...More..

S Africa opens probe to investigate graft charges against Zuma
by | Thursday, August 23, 2018

S Africa opens probe to investigate graft charges against Zuma

Jacob Zuma's former trusted and powerful adviser Lakela Kaunda is being accused of facilitating a meeting between state capture whistle-blower Vytjie Mentor and the Gupta family. The Zondo Commission , helm...More..

Markets Right Now: Stocks waver; market nears bull record
by | Thursday, August 23, 2018

Markets Right Now: Stocks waver; market nears bull record

The market is not far removed from brutal declines stemming from the 1999-2000 Internet bubble and 2007-2009 financial crisis, and investors are wary of the timing and extent of the next downturn. The S&P 500 ...More..

Trump says ex-lawyer's hush payments 'not even a campaign violation'
by | Thursday, August 23, 2018

Trump says ex-lawyer's hush payments 'not even a campaign violation'

Cohen pleaded guilty in Manhattan federal court Tuesday to campaign-finance violations and other charges, saying he and Trump arranged the payment of hush money to porn star Stormy Daniels and a former Pl...More..

Selling Pressure: Dollar suffers after Trump’s comments
by | Wednesday, August 22, 2018

Selling Pressure: Dollar suffers after Trump’s comments

The president publicly questioned the interest-rate hikes in July. The president spooked investors in July when he criticized the US central bank over tightening monetary policy. Taken together with previou...More..

Turkish president blasts USA for playing
by | Wednesday, August 22, 2018

Turkish president blasts USA for playing "games" on economy

He said that Turkey had the power and ability to overcome the crisis . " The attack on our economy has absolutely no difference from attacks on our call to prayer and our flag ", he said referring to the r...More..

Cohen Investigated for Bank Fraud Over $20 Million
by | Wednesday, August 22, 2018

Cohen Investigated for Bank Fraud Over $20 Million

Cohen's voice cracked several times as he pleaded guilty to eight criminal charges in federal court in Manhattan, including tax evasion, bank fraud and campaign finance violations. The deal means Cohen can...More..

Actions better than words, says Russian Federation after Trump offer
by | Wednesday, August 22, 2018

Actions better than words, says Russian Federation after Trump offer

The Treasury Department said that earlier this year, one vessel linked to the Russian companies transferred 3,500 tons of oil to ships flying the North Korea flag. In addition, they recalled that the administra...More..

China defies USA pressure as European Union parts ways with Iranian oil
by | Wednesday, August 22, 2018

China defies USA pressure as European Union parts ways with Iranian oil

On August 20 Iran's oil minister announces Total is quitting its multi-billion dollar gas project in the country. "This project waiver should include protection of the Company from any secondary sanction as per...More..

by | Wednesday, August 22, 2018

U.S. dollar weakens after Trump slams Fed rate hikes

Speaking at a fundraising event in the Hamptons, Trump said he wanted Powell to start acting like a cheap-money chairman while speaking about the recent increase in interest rates. Sen. Bob Corker (R-Tenn.) sai...More..

Flushing contact lenses contributes to water pollution, study says
by | Tuesday, August 21, 2018

Flushing contact lenses contributes to water pollution, study says

While contact lenses are far from the largest source of microplastic pollution in water, they appear to be a readily avoidable one. They estimate that billions of contact lenses - weighing at least 22 metric ...More..

PepsiCo to buy SodaStream for $3.2 billion
by | Tuesday, August 21, 2018

PepsiCo to buy SodaStream for $3.2 billion

In 1991, the same year SodaStream was founded, PepsiCo finally ended its boycott on the Jewish state and entered the Israeli market. Sodastream machines inject carbon dioxide from a pressurised cylinder...More..

Shots fired at US embassy in Turkey amid deepening row
by | Monday, August 20, 2018

Shots fired at US embassy in Turkey amid deepening row

Authorities later detained one person in relation to the shooting, the state-run Anadolu news agency said, without giving any details. A police officer said several gunshots were fired about 5 am (0200 GMT) a...More..

Tesla's Musk says no plans to relinquish chairman, CEO roles
by | Monday, August 20, 2018

Tesla's Musk says no plans to relinquish chairman, CEO roles

Among their suggestions: Remove Musk as CEO , permanently or via a temporary leave of absence, or appoint a No. 2 executive who could act as a steadying hand. Elon Musk has given an extraordinary interview du...More..

Nvidia shares slide ahead of earnings
by | Sunday, August 19, 2018

Nvidia shares slide ahead of earnings

That's what happened today, when the Santa Clara, California-based company reported its fiscal second-quarter results and said revenue from cryptomining systems dropped to nearly zero. Nvidia's stocks are ...More..

Explainer: It will be tough for Trumps SEC to overhaul reporting rules
by | Sunday, August 19, 2018

Explainer: It will be tough for Trumps SEC to overhaul reporting rules

Tesla Inc Chief Executive Elon Musk stunned investors last week by announcing a plan to take the electric carmaker private, a move he says would benefit shareholders by removing short-term pressures associate...More..

Google's Staff Are Protesting Its 'Secret' Censored Search Engine For China
by | Sunday, August 19, 2018

Google's Staff Are Protesting Its 'Secret' Censored Search Engine For China

Google did not respond to a request for comment from The Washington Post. Employee anger flared with a report this month in The Intercept that Google is secretly building a search engine that will filt...More..

SEC action against Musk 'substantially likely,' a former commissioner says
by | Saturday, August 18, 2018

SEC action against Musk 'substantially likely,' a former commissioner says

On Monday, Musk said in a statement that he used the phrase "funding secured" because he believed there was "no question" Saudi Arabia's Public Investment Fund would provide funding for a deal to convert Tesl...More..

Elon Musk Tears Up over Tesla Turmoil, 'No Sleep or Ambien'
by | Saturday, August 18, 2018

Elon Musk Tears Up over Tesla Turmoil, 'No Sleep or Ambien'

Last week, Musk tweeted that he was " considering taking Tesla private at $420". The paper said the swashbuckling CEO of the electric auto company choked up at times during the interview as he talk...More..

Bold statements fuel U.S.-Turkey feud over arrested pastor
by | Saturday, August 18, 2018

Bold statements fuel U.S.-Turkey feud over arrested pastor

The US has threatened to impose more economic sanctions on Turkey if it does not free a detained American pastor. A high court in Izmir said on Friday Brunson would stay under house arrest , upholding a deci...More..

JAILED PASTOR: US threatens more sanctions on Turkey
by | Saturday, August 18, 2018

JAILED PASTOR: US threatens more sanctions on Turkey

Asian stocks however rallied after a positive lead from Wall Street overnight, with dealers cautiously optimistic about upcoming US-China trade talks - although worries festered over the future for emerging ...More..

by | Friday, August 17, 2018

Turkish lira weakens as U.S. warns of new sanctions over detained pastor

A Turkish court in western Turkey's Izmir province on Friday rejected a third appeal for terror-linked USA pastor Andrew Craig Brunson's release. It also rejected an appeal for his travel ban to be lifted. Th...More..

Turkish firms cancel iPhone orders amid U.S. products boycott
by | Friday, August 17, 2018

Turkish firms cancel iPhone orders amid U.S. products boycott

A senior U.S. official told CNN that in exchange for Turkey's release of Brunson, Israel agreed to release Ebru Ozkan, a 27-year-old Turkish woman held in Israel on suspicion of aiding Hamas, the Palestinian mi...More..

Russian Federation says dollar's days numbered as global trade currency
by | Friday, August 17, 2018

Russian Federation says dollar's days numbered as global trade currency

He also called on the U.S.to drop its "erroneous position on sanctions imposed on Turkey". Last week United Nations humanitarian adviser Jan Egeland said that Turkey, Russia and Iran had all agreed to "do the...More..

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