Email
Password
Remember meForgot password?
    Log in with Twitter
business Articles
Artist manager Jonathan Gosselin chatted with Digital Journal about his new company, Veteran Operated Veteran Owned (VOVO).

Sears says there is 'substantial doubt' it will stay open

In a regulatory filing late Tuesday, Sears, which has been one of America's leading retail stores since the 19th century, said there is "substantial doubt" it can remain in business.

Op-Ed: Farmers hack John Deere tractors in order to repair them

US farmers are using Ukrainian firmware to get around what they consider a restrictive software licencing agreement that they were required to sign.

'Hillbilly Elegy' writer J.D. Vance is seeking rustbelt startups

Writer and venture capitalist J.D. Vance is partnering up with Revolution LLC to fund startup potential outside of Silicon Valley.

Canada's Enbridge cutting 1,000 employees after Spectra merger

Enbridge Inc has announced it is cutting 1,000 jobs or six percent of its workforce in Houston, Texas, and Canada following the takeover of Houston-based Spectra Energy earlier this year.

Op-Ed: Has the Trump stock market rally turned to a Trump slump?

In the past the Trump administration has boasted of the performance of the stock market as evidence of the success of its policies. Now that the market has begun to drop, White House secretary Sean Spicer has changed his tune.

Permian shale oilfield experiencing billion dollar land grab

Marathon Oil is just the latest in a number of companies, big and small, rushing to snatch up huge amounts of land in the Permian Basin, a massive oil field that runs from Texas to New Mexico.

BMW to squeeze more mileage out of luxury segment

German luxury carmaker BMW said Tuesday it was planning as many as 40 new top-of-the-range models in the coming years in an effort to catch up after historic rival Mercedes outsold it in 2016.

Torrential rains disrupt mineral transport from Peruvian mines

The torrential rains from Peru's coastal El Nino conditions have not only caused the deaths of over 70 people and left thousands more homeless, they have also brought central Peru's mining industry to a standstill.

Bill Gates again world's richest man, Trump slips

Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world's richest billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday.

Op-Ed: Why Australia, a big energy exporter, fears huge energy shortages

Ask any Australian about power shortages, and expect a very sincere groan. We export vast amounts of gas, coal, etc., and we’re worrying about whole states blacking out. This is a true cluster of mistakes.

Netflix introduces new rating system, thumbs ups and thumbs downs

Netflix plans on implementing a new way of rating content. In the coming weeks, Netflix is replacing its five-star rating system with thumbs ups and thumbs downs.

Subway plans to sue CBC over claim its chicken is 50 percent soy

The sandwich franchise has announced its intention to sue the Canadian Broadcasting Corporation alleging the network aired a program falsely claiming the company’s chicken contains around 50 percent soy. The CBC refuses to retract its claim or apologize

Former 'Mr Volkswagen' Piech in talks to pull stake

Volkswagen's powerful ex-chairman Ferdinand Piech, credited with its rise from the brink of bankruptcy to world leader status, is in talks to sell his stake in the group, its holding company said Friday.The 79-year-old owns 14.

Asian markets boosted by Fed but dollar sinks

Asian markets rallied and the dollar sank Thursday after the Federal Reserve lifted US interest rates but gave a more dovish outlook for future hikes, while the euro was also boosted by the expected victory of the incumbent party in Dutch elections.

Iceland booming but no crash in sight, central banker says

Iceland's economy is booming and may overheat but there will be no repeat of the crash that plunged the country into a major financial crisis in 2008, central bank governor Mar Gudmundsson told AFP in an interview.

Trump slashes foreign aid in 'hard power' budget blueprint

President Donald Trump proposed drastic cuts in spending on the arts, science, foreign aid and environmental protection Thursday, in a security-focused budget blueprint that could struggle to pass Congress.

Renault shares shift down after pollution report

Shares in automaker Renault skidded on Wednesday following a newspaper report that French investigators believe it had sought to dupe pollution tests.

Loss-hit Toshiba nosedives on fears about future

Toshiba shares plunged Wednesday afternoon as fears grow about the future of one of Japan's best-known firms, which is battling massive losses and accounting fraud allegations at its US nuclear unit.The Tokyo-listed stock dropped 13.62 percent to 186.

Canada oil industry will continue to see losses for much of 2017

The Conference Board of Canada released its 2017 report on the oil industry. The forecast is for continued losses for most of the year, even though financial conditions are better and there's the promise of greater pipeline capacity.

Family of Trump son-in-law in $4 bn deal with Chinese company

A company owned by the family of President Donald Trump's son-in-law, Jared Kushner, is set to receive more than $400 million from a Chinese firm that is investing in its Manhattan office tower, Bloomberg reported Monday.

Intel buying Israeli car tech firm Mobileye for $15 bn

Intel will buy Israeli car tech firm Mobileye for more than $15 billion (14 billion euros), the companies said Monday, in a deal signalling the US computer chip giant's commitment to technology for self-driving vehicles.

Critics of Australia's Carmichael coal mine project ramp up fight

Construction of the Adani Carmichael coal mine is slated to begin in late 2017. After over six years of legal wrangling, India-based Adani Group managed to pass its last regulatory hurdle in December and the anti-coal movement is ready to do battle.

U.S. Solar power industry growth in 2016 set new records

The U.S. solar industry is in the midst of some boom-times, showing its biggest growth ever in 2016, with solar capacity expected to nearly triple over the next five years.

Exxon announces $20 billion plan for Gulf Coast projects

On Monday afternoon, Exxon Mobil Corp. announced its plans to spend $20 billion over a period of 10 years on refineries and chemical and liquefied natural gas plants along the gulf Coast.

$2.5 trillion asset manager is behind the Wall Street girl statue

The world's third-largest asset manager installed a bronze statue of a defiant girl in front of Wall Street's iconic charging bull statue on Tuesday morning as part of its new campaign to pressure companies to add more women to their boards.

Snapchat in trouble as stock flounders after IPO

Snapchat is suffering on the stock market in the days after its initial public offering. This week, shares tumbled 12 percent as analysts remain concerned about the platform's future. The company may never be profitable and growth is stalling.

Georgia Power suspends plans to build nuclear power plant

In another setback for the nuclear industry in the United States, Georgia Power has announced they will suspend plans to build a nuclear power plant near Columbus, Georgia.

GM to lay off 1,100 as it shifts production and cuts third shift

General Motors Company will lay off 1,100 employees in May at its Lansing Delta Township assembly plant in Michigan when it cuts the third shift.

China trims GDP target, citing severe challenges

Chinese Premier Li Keqiang warned Sunday the world's second-largest economy faces severe challenges, signalling a further deceleration as he announced a trimmed 2017 GDP growth target of "around 6.5 percent.

Trump's energy plan and its impact on the fossil fuel industry

According to independent economists, oil production and exports under the Trump administration are forecast to hit fresh records. It helps that a rollback on environmental regulations has been put in place, including a halt to methane emissions reviews.

Mercedes recalls 1M vehicles worldwide for fire hazard

German automaker, Mercedes is recalling one million cars and SUVs worldwide because a starter part can overheat and cause a fire. The company reported 51 fires worldwide with 30 in the United States.

Bitcoin value surpasses gold for first time

For the first time in its history one unit of the digital cryptocurrency Bitcoin is worth more than the value of an ounce of gold. This reinforces the growing importance of the digital currency.

Solar power sees a big growth spurt in the Southeastern U.S.

There are now 29 states in the U.S. with renewable energy initiatives, backed by residents who want to see more use of clean energy. Florida and North Carolina are two states where solar power is experiencing rapid growth.

NBC just made over $200 million from Snapchat in a single day

NBCUniversal invested a whopping $500 million in the initial public offering of Snapchat's parent company, Snap Inc., as "part of a strategic investment and partnership," CNBC's Andrew Ross Sorkin first reported Friday.

Op-Ed: Dow Jones sets new record above 21,000 after Trump speech

The Dow Jones Industrial Average (DJI) the index of blue-chip US stocks closed above 21,000 for the first time ever. The DJI rose one thousand points in just 24 days equal to the previous record of May 1999 when it rose from 10,000 to 11,000.

Goldman Sachs and Bill Gates invest in scientist social network

ResearchGate, the social media network for scientists, announced on Tuesday that it quietly raised $52.6 million (£42.3 million) from a cohort of big name investors in November 2015 to help it scale its business.

World's largest wealth fund gains 50 bln euros in 2016

Norway's sovereign wealth fund, the world's largest, notched up huge gains in 2016, as it reaped the benefits of a global stock market rally following the election of US President Donald Trump, the Norwegian central bank said Tuesday.

Mexico's Pemex cuts losses to $14.3 bn in 2016

Mexico's state-run energy giant Pemex reported losses of $14.3 billion for 2016 on Monday, halving its losses from the previous year and saying "austerity" measures were starting to pay off.

Op-Ed: Longest Dow winning streak in 30 years with Trump speech tomorrow

As measured by the key U.S. Dow Jones Index of U.S. stocks, Trump policies appear popular with investors. However, his speech to Congress tomorrow will reveal whether U.S. stocks continue their record climb.

Starbucks brand takes dramatic hit after refugee announcement

The perception of the Starbucks brand dropped dramatically after the company announced it would hire thousands of refugees. While no direct evidence their hiring policy is a direct cause of the drop, it shows a boycott by conservatives may be working.
Business Video
Latest News
Top News