Melbourne police see the inspiration of an Islamic state behind a stabbing knife

MELBOURNE (Reuters) – An Aussie who burned a truck loaded with gas cylinders in central Melbourne and stabbed a person was inspired by the Islamic State but had no direct…

US renew sanctions against Iran, grant waivers to China and seven others

WASHINGTON (Reuters) – The United States reinstated Monday sanctions to stifle the Iranian oil and sea industries, while temporarily allowing large customers such as China and India to continue buying…

Inventory gains are reduced, and the US is down, following the signing of a non-imminent Canada-China trade agreement

NEW YORK (Reuters) – Concerns that a trade deal between the US and China may not be imminent in the global stock market rally and reverse earnings on Wall Street…

Uber is looking for OK to continue the self drive tests in Pennsylvania

WASHINGTON (Reuters) – Uber Technologies Inc. has asked Pennsylvania for permission to resume the road test on public roads and improve the autonomous vehicle software, the company said on Friday,…

Private pay rises in October; Salary increase in the third quarter

WASHINGTON (Reuters) – US private sector salaries rose most sharply in eight months in October, suggesting that overall employment growth accelerated this month after Hurricane Florence weighed on restaurant and…

Samsung is cutting investment and ending the third quarter with an end to the chip boom

SEOUL (Reuters) – Samsung Electronics Co Ltd cut investment in 2018 by more than a quarter on Wednesday, warning of lower earnings by early next year. The end of a…

Samsung Electronics achieves a record profit in the third quarter, but warns of a weaker performance

SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) projected a weaker third quarter performance as it posted record third quarter earnings and expectations due to semiconductor data center sales and…

Facebook expects rising costs to combat scandals after 2019 to decline

(Reuters) – Facebook Inc (FB.O) on Tuesday, investors were relieved of the forecast that margins will not contract after 2019 as scandals plummet and stocks continue to rise with record…

The increase in Facebook revenue outweighs slow user and revenue growth

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) on Tuesday beat earnings estimates, but missed targets for growing monthly users, reporting its slowest earnings growth in about six years in a…