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587-billion

Twitter charts solo path as Salesforce rules out takeover

October 15, 2016 by · Leave a Comment 

Twitter and Chief Executive Officer Jack Dorsey may now have to chart an independent course in the face of stagnant user growth, heavy losses and mounting competition from the likes of Facebook's Instagram and Snap Inc's Snapchat. Dorsey is likely to face intense scrutiny over his continued role as CEO of both Twitter and the payment company Square , especially if the company's next quarterly report in late October is as weak as some analysts expect. Twitter grew rapidly …

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Twitter charts solo path as Salesforce rules out takeover

587-billion

U.S. bans Samsung Galaxy Note 7 smartphones from air travel

October 15, 2016 by · Leave a Comment 

Samsung Galaxy Note 7 smartphone devices will be banned from aircraft in the United States starting on Saturday at noon EDT (1600 GMT) under an emergency order, regulators said on Friday after numerous reports of the

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U.S. bans Samsung Galaxy Note 7 smartphones from air travel

587-billion

India and Russia sign energy, defense deals worth billions

October 15, 2016 by · Leave a Comment 

India and Russia signed billions of dollars of defense and energy deals on Saturday at a summit that sought to inject new life into a relationship that has been tested by shifting global alliances and conflict in the Middle East. Under the biggest agreement, a group led by Russian state oil major Rosneft said it would pay $12.9 billion for a controlling stake in both India's Essar Oil and port facilities that it owns. The countries, …

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India and Russia sign energy, defense deals worth billions

587-billion

U.S. fiscal year budget deficit widens to $587 billion

October 15, 2016 by · Leave a Comment 

The U.S. budget deficit widened to $587 billion for the fiscal year 2016 on slower-than-expected revenues and higher spending for programs including Social Security and Medicare, the Treasury Department said on Friday. It was the first time the deficit increased in relation to economic output since 2009, according to figures from the Congressional Budget Office. Last fiscal year's deficit was $439 billion

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U.S. fiscal year budget deficit widens to $587 billion