Business


Goldman Sachs CFO Calls Plans to Ditch Cryptocurrency Goldman Sachs CFO Calls Plans to Ditch Cryptocurrency "Fake News"
- September 07, 2018

In recent weeks, executives have come to the conclusion that many steps still need to be taken, a lot of them outside the bank's control, before a regulated bank would be allowed to trade cryptocurrencies , the financial news website reported , citing one of the people. (more...)
NAFTA talks to resume in afternoon after Canada cites 'goodwill' NAFTA talks to resume in afternoon after Canada cites 'goodwill'
- September 06, 2018

U.S. President Donald Trump - who signed a NAFTA side deal with Mexico last week - has threatened to impose auto tariffs on Canada or exclude it from the three-nation pact unless an agreement can be struck quickly. US business and labour leaders have warned Trump not to dump Canada from NAFTA. But in recent days he has become more aggressive towards Canada on Twitter - bluster that some trade experts are dismissing as a predictable negotiating tactic. (more...)
Mercedes takes on Tesla with fully-electric SUV Mercedes takes on Tesla with fully-electric SUV
- September 06, 2018

The market for upscale electric cars is Tesla's to lose, with sales of its entry-level Model 3 sedan expected to reach about 50,000 cars this year and nearly double that in 2019. The vehicle also comes with a range of smart features including navigation that bases its calculation on the fastest route taking into account the shortest charging time, and the MBUX multimedia system - Mercedes-Benz User Experience - which has numerous EQ-specific functions such as the display of range, charge ... (more...)
Honey Smacks cereal still unsafe amid salmonella outbreak, FDA says Honey Smacks cereal still unsafe amid salmonella outbreak, FDA says
- September 06, 2018

Federal health officials are warning consumers to stay away from all Honey Smacks cereal, which is likely behind a multi-state salmonella outbreak that has sickened 130 people. Kellogg said in the statement that it stopped producing Honey Smacks cereal and is offering refunds. The U.S. Food and Drug Administration denied a Freedom of Information Act request by the Miami Herald for more information about the facility where the outbreak originated. (more...)
British cave diver Vernon Unsworth to sue Elon Musk after new rant British cave diver Vernon Unsworth to sue Elon Musk after new rant
- September 06, 2018

Away from Wall Street, Musk re-instated his attacks against a British cave diver who helped rescue a boys soccer team from a Thailand cave. In a statement released this week, the diver's lawyer said: 'Elon Musk can tweet his vindictive and vicious lie about Mr. (more...)
JD.com CEO was accused of rape JD.com CEO was accused of rape
- September 06, 2018

China's foreign ministry said Monday that the Chinese Consulate in Chicago is looking into the circumstances surrounding Liu's arrest. Elder said the alleged attack reportedly occurred at 1am local time on Friday, and that Liu was taken into custody later that evening. (more...)
Amazon website launches in Hindi for Android, mobile site customers Amazon website launches in Hindi for Android, mobile site customers
- September 06, 2018

Previously, Amazon had been working on enabling its voice service Alexa to understand commands as well as speak in Indian languages . Users will be able to choose Hindi as a language, but we're not sure if it will be the default. If the Hindi version takes off, Amazon plans to add other Indian language options, such as Bengali and Tamil among others, according to the New York Times . (more...)
Asian friends pull off epic prank of Pearland McDonald's
- September 05, 2018

Maravilla hopes maybe he'll have a future in modeling for McDonald's campaigns. 'They had other races, but no Asians so we felt like it was our duty to put ourselves up there, ' Maravilla said. Maravilla then managed to track down a McDonald's uniform shirt at Goodwill - a steal at less than $7 - and doctored up a fake ID badge that made it appear to anyone asking questions that he was Jeff Bergara, a McDonald's Regional Interior Coordinator. (more...)
South Africa in recession for first time since 2009, rand slumps South Africa in recession for first time since 2009, rand slumps
- September 05, 2018

Africa's second largest economy, South Africa has entered a technical recession in the second quarter as it contracted 0. Household expenditure has also decreased by 1.3% Stats SA reported as consumers tightened their spending on transport, clothing and food which decreased by 6.1%, 6.8% and 2.8% respectively. (more...)
Libya Leads OPEC Oil Output to 2018 High Despite Iran Losses Libya Leads OPEC Oil Output to 2018 High Despite Iran Losses
- September 05, 2018

International Brent crude oil futures was at $77.43 per barrel, a 0.3 % drop from its last close and West Texas Intermediate crude futures also fell to $69.62 per barrel, down by 0.3 %. Edward Bell , analyst at Emirates NBD bank in Dubai, agreed: "Iranian production is already showing signs of decline, falling by 150,000 Bpd last month ..." Oman is a principal supplier of oil to China with the Asian superpower buying nearly 90 percent of its exports in 2017, according to the news ... (more...)
South Africa Enters Technical Recession
- September 05, 2018

This followed a revised 2.6% contraction in the first quarter, a South African statistics data has shown. Pointing to these figures, Ackerman noted that while the poor figures were not unexpected, market reactions to the news demonstrates the belief that the risk of a credit rating downgrade is back on the table. (more...)
Ayanna Pressley Defeats Rep. Mike Capuano In Democratic Primary Ayanna Pressley Defeats Rep. Mike Capuano In Democratic Primary
- September 05, 2018

Ayanna Pressley , the first woman of color elected to the Boston City Council and a self-described candidate of change, has toppled U.S. Rep. Michael Capuano , a 10-term incumbent, in an intra-party tussle that garnered national attention. (more...)
Amazon is 2nd US company to reach $1 trillion market value Amazon is 2nd US company to reach $1 trillion market value
- September 05, 2018

Amazon is the second USA company to hit that mark, driven by its continued dominance in the retail world and its highly profitable cloud services business. 1 trillion . Bezos, Amazon , and the Bezos owned Washington Post have become frequent targets of criticism from President Donald Trump. "The difference between the two is that Amazon has room to grow within its two main businesses". (more...)
Amazon becomes the 2nd U.S. company to join the $1 trillion club Amazon becomes the 2nd U.S. company to join the $1 trillion club
- September 04, 2018

Market watchers have been expecting both Amazon and Apple to eventually have valuations topping $1 trillion. Apple reached the same milestone in early August. He owns over 16 per cent of Amazon which he founded in a garage in Seattle in 1994. Amazon shares first hit $1,000 on October 27, 2017. However it was tech giant Apple that was named as the first publicly listed United States company to be valued at $1,000,000,000,000, on 2 August. (more...)
China Will Limit Online Game Access to Save Children's Eyes China Will Limit Online Game Access to Save Children's Eyes
- September 03, 2018

Ultimately, analysts predict the new changes could force Chinese companies to seek surer footing away from home soil, resulting in them becoming more reliant on the global market. China is toughening its stance on video games in what it claims are attempts to combat myopia (near-sightedness) in children and teenagers. Earlier this month, regulators pulled Tencent's blockbuster video game Monster Hunter World from sale after reporting they had received a number of complaints ... (more...)
No Meghan, Sen. McCain ALSO wanted to No Meghan, Sen. McCain ALSO wanted to "Make America Great Again"
- September 03, 2018

Bush eulogized him today at the Washington National Cathedral. Some of the speeches were more explicit, like that of McCain's daughter, Meghan, who went straight for Trump's throat: "The America of John McCain has no need to be made great again, because America was always great". (more...)
Fuel prices to remain unchanged: Radebe Fuel prices to remain unchanged: Radebe
- September 03, 2018

Petrol and diesel are on a record high, less than four months after a hike that caused an uproar across the country. This follows a 31 paise/litre hike in prices on Monday. On Wednesday fuel prices will increase by just 4.9c per litre, the Department of Energy (DoE) announced on Monday. Diesel now costs ₹?75.54 per litre in Mumbai. (more...)
John McCain buried at Naval Academy alongside longtime friend Chuck Larson John McCain buried at Naval Academy alongside longtime friend Chuck Larson
- September 03, 2018

Bush , as well as his daughter, Meghan McCain on Saturday at a Washington ceremony. The two forged a bond in youth that withstood the test of time, personal and family sacrifice and, in McCain's case, spending more than five years as a prisoner of war in North Vietnam. (more...)
Coca-Cola takes plunge into coffee in $5.1 bil. Costa deal Coca-Cola takes plunge into coffee in $5.1 bil. Costa deal
- September 03, 2018

The company, which started with a single coffee shop in London's Vauxhall Bridge Road in 1978 by brothers Sergio and Bruno Costa, has grown into Britain's dominant coffee chain. Shares in the Whitbread group rose by 17% after the announcement, when the deal closed at 6.52am yesterday morning and was revealed minutes later. (more...)
Billionaire Head of China’s JD.Com Arrested in Minnesota Billionaire Head of China’s JD.Com Arrested in Minnesota
- September 03, 2018

He declined to say where in the city Liu was arrested or what he was accused of doing. He was released the following day, according to the website of the Hennepin County Sheriff's Office. The accusation could also be a test of JD.com's stability, as well as the ability of a Chinese technology company to rebound from the problems of its leaders. (more...)
California Legislature Passes Bill That Would Increase Bar Hours California Legislature Passes Bill That Would Increase Bar Hours
- September 03, 2018

Had a coastal bastion of progressivism like California been unable to pass a comprehensive bill that mirrors the Obama-era rules undone in December, many thought it could not be done anywhere else. The federal government could sue the state of California over the law, leading to an eventual showdown in the Supreme Court. It gained the support of Mother Lode Republican Assemblyman Frank Bigelow, but the region's Senator, Tom Berryhill, did not vote, as we reported earlier he has been missing ... (more...)
Google is secretly tracking what you buy offline using Mastercard cards Google is secretly tracking what you buy offline using Mastercard cards
- September 03, 2018

The tool can only recognize your purchase if you were logged into your Google account when you clicked and if you made your purchase within 30 days of viewing the ad. "There's just far too much burden that companies place on consumers and not enough responsibility being taken by companies to inform users what they're doing and what rights they have". (more...)
Major stock market indices worldwide Major stock market indices worldwide
- September 03, 2018

Stocks hardly budged Friday as the US and Canada were unable to complete a trade deal, but the two sides intend to continue negotiating next week. However, Canada's government officials have expressed concern that a final trade pact will not be reached within the deadline, according to a Globe and Mail report. (more...)
The CBOE May Be Gearing Up To Offer Ethereum Futures The CBOE May Be Gearing Up To Offer Ethereum Futures
- September 03, 2018

While anticipation for bitcoin futures contracts is believed to have helped the flagship cryptocurrency surge to a new all-time high of almost $20,000 in mid-December, shorting them is also believed to have helped it drop. Also, the market accounts for a small portion of the total BTC trading arena, so it is unlikely that BTC futures trading had any direct impact on the Bitcoin price trajectory. (more...)
British Prime Minister May in Kenya to boost economic ties British Prime Minister May in Kenya to boost economic ties
- September 02, 2018

When Margaret visited Nigeria in 1988, NLC led a mass protest which was a demonstration against Britain's support for apartheid in South Africa. Oz Katerji tweeted: "Oh just shut up and let Theresa May dance ffs, we can't all be blessed with rhythm", while Peter Carr added: "I'm a massive fan of Theresa May giving that dancing a go when she knows full well that she looks like that when she tries". (more...)
Sterling rises on Brexit hopes, but no-deal risk curbs gains Sterling rises on Brexit hopes, but no-deal risk curbs gains
- September 02, 2018

The EU and United Kingdom agreed a Joint Report last December which provides for a "backstop" to take effect if no other solutions were found to avoid a hard border on the island of Ireland . But both conceded the biggest issues remain unresolved. That goes specifically for the sensitive issue of the EU-UK land border between Ireland and British-ruled Northern Ireland, where the EU wants a "backstop" solution in case of no deal, which includes terms that are anathema to London. (more...)
New company rolls out 250 scooters to Oklahoma City New company rolls out 250 scooters to Oklahoma City
- September 02, 2018

In the denial letter for Bird , the SFMTA wrote that while the company has experience operating a shared scooter service, the transit agency wrote they looked at past violations, including the San Francisco Department of Public Works impounding 169 improperly parked scooters. (more...)
Ford Kills Plan To Sell Chinese-made Vehicle In United States Ford Kills Plan To Sell Chinese-made Vehicle In United States
- September 02, 2018

She predicts tariffs on Chinese imports along with Trump's additional threatened 25 percent tariff on cars and possibly parts from the European Union would force several vehicles out of the American market. The company has said that almost 90 percent of the vehicles it sells by 2020 will be SUVs, trucks or commercial vehicles. That is probably going the most most important of "many such announcements", warned Kristin Dziczek, vp of the Ann Arbor-primarily based Center for Automobile ... (more...)
Panasonic to move headquarters out of Britain before Brexit Panasonic to move headquarters out of Britain before Brexit
- September 02, 2018

Beyond the ongoing uncertainty, the particular thorny issue highlighted by the CEO of Panasonic Europe is the UK's stated plan to " gradually lower its 20 per cent corporate tax rate to retain multinational corporations after its departure from the unified European market ". (more...)
Trump threatens to exclude Canada from new NAFTA deal
- September 02, 2018

Trade talks concluded Friday with no agreement between the US and Canada. Under NAFTA's withdrawal rules, Trump must give six months' notice to the leaders of Canada and Mexico , the other stakeholders in the current pact, to pull out the U.S. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 next »