Business


Walmart is doing Black Friday the earliest in its history Walmart is doing Black Friday the earliest in its history
- November 09, 2018

Children's toys are typically included in Black Friday deals, alongside laptops TVs and gaming goods. Starting online at 10 PM ET on November 21, and expanding to brick and mortar stores the following day at 6 PM, all the hottest smartphones in the U.S. (more...)
McConnell talks bi-partisanship, women candidates after Senate wins McConnell talks bi-partisanship, women candidates after Senate wins
- November 09, 2018

They contend the president is exploiting a humanitarian issue for "political gain". 'There are many things we can get a long on without a lot of trouble, ' he added. Tuesday's election results bolster Moulton's reputation as a savvy recruiter and fund-raiser operating outside the party system. Democrat Stacey Abrams formed a litigation team for possible legal challenges that could send the contest to a runoff election. (more...)
Runaway mining train travels 90 kilometres without driver Runaway mining train travels 90 kilometres without driver
- November 09, 2018

BHP's rail operations in Western Australia have now been suspended. One of BHP's customers in China, a steel producer, has, however, not yet received any notice from the miner. After traveling about 55 miles, it was deliberately derailed by a company control center in Perth , according to ATSB. The mining company also told The West Australian it is working with authorirites to investigate the situation. (more...)
Volkswagen Tarok small pickup expands for longer cargo Volkswagen Tarok small pickup expands for longer cargo
- November 09, 2018

There is a strong probability for it as the press release stated that avant-garde pick-up has the potential to boost Volkswagen range in other global markets. The Tarok concept continues with the success story of the Saveiro which began back in 1983 in South America. The all-wheel-drive pick-up rides on the VW Group's MQB platform, measures around five metres long (for context, the Amarok is 5 254 mm in length) and has a maximum load of "around one tonne". (more...)
Telstra executive Robyn Denholm quits to be Tesla chairman Telstra executive Robyn Denholm quits to be Tesla chairman
- November 08, 2018

Musk resigned as Tesla chairman in October under an arrangement with USA regulators to settle fraud charges stemming from a tweet in which he said he planned to take the company private and had financing to do it. "The fact that he can remain CEO is very important for the company". In the meantime, she'll work closely with Musk. She was appointed as Telstra's CFO in July. (more...)
Passengers create stink over pungent planeload of durian Passengers create stink over pungent planeload of durian
- November 08, 2018

A cargo of pungent durian fruit caused an Indonesian plane to be delayed for an hour after passengers turned their noses up at the funky freight and refused to fly . An Indonesian plane was temporarily grounded after passengers complained about an overwhelming smell of durian in the cabin. "Durian is not classified as a hazardous material to be transported on a plane", Sriwijaya Air's Abdul Rahim stated in a television appearance, the Straits Times reported. (more...)
Republicans fight to keep control of the Senate in 2018 midterms Republicans fight to keep control of the Senate in 2018 midterms
- November 07, 2018

How the market shakes out in the final two years of Trump's presidency will probably be influenced by Tuesday's elections. The election results mean Democrats will resume House control in January for the first time since the 2010 election, beginning a split-power arrangement with the Republican-led Senate that may force Trump to scale back his legislative ambitions and focus on issues with bipartisan support, such as an infrastructure improvement package or protections against prescription ... (more...)
Greek-Americans in the United States midterm election battle Greek-Americans in the United States midterm election battle
- November 06, 2018

Opinion polls and election forecasters have made Democrats favourites on Tuesday to pick up the 23 seats they need to capture a majority in the U.S. FILE - People stand cast their ballots ahead of the November 6 election at Jim Miller Park, in Marietta, Ga., Oct. 27, 2018. The president asserted that if Democrats win, they will work to roll back everything he's tried to accomplish during his first two years as president. (more...)
The safe bet for this midterm is on the Democrats The safe bet for this midterm is on the Democrats
- November 06, 2018

It's a message that has resonated across much of liberal, progressive, and moderate America that fears rewarding President Trump with continued majority in Congress in addition to the control of the executive and judiciary that he already wields will roll back the USA to an era of racism and discrimination that white conservatives often gloss over, when they are not being sentimental about it. (more...)
Amazon could split its HQ2 between 2 cities, Wall Street Journal reports Amazon could split its HQ2 between 2 cities, Wall Street Journal reports
- November 06, 2018

While sources told the Journal the final locations have not yet been chosen, The Washington Post reported over the weekend that Amazon was in late stage talks with Crystal City , Virginia , which is part of Arlington. The Seattle content and e-commerce giant has been seeking a city for its second headquarters since 2017, and has been wooed by a host of big locations anxious to lure the estimated 50,000 jobs that would be created. (more...)
Amazon to roll out free shipping to everyone during 2018 holiday season Amazon to roll out free shipping to everyone during 2018 holiday season
- November 05, 2018

Although there is not a hard end date to this promotion, Amazon says that free shipping without a minimum purchase will apply to all orders that will arrive before Christmas . Although this move by Amazon will be a blow to both Target and Walmart , it just goes to show why competition in the market is so important for consumers. (more...)
Lowe's to close 31 stores across Canada Lowe's to close 31 stores across Canada
- November 05, 2018

None of the US stores to close are in the Carolinas, according to the list posted on Lowe's website. Twenty U.S. stores are also be closing. The list of other US stores closing include locations in Alabama , California , Connecticut , Indiana , Louisiana , Massachusetts , Michigan , Minnesota , New York , Pennsylvania and Texas . (more...)
Pilot arrested '10 times over alcohol limit' at Heathrow Airport Pilot arrested '10 times over alcohol limit' at Heathrow Airport
- November 05, 2018

The airline said the co-pilot was arrested on Sunday at Heathrow Airport for violating British aviation law. In comments quoted by the Asahi Shimbun newspaper, the Japanese transport minister has indicated the government will toughen regulations on alcohol consumption by pilots in the wake of the incident. (more...)
USA sanctions will not force immediate crisis in Iran USA sanctions will not force immediate crisis in Iran
- November 05, 2018

The Iran nuclear deal was drawn up by the Obama administration and was agreed to by the UK, Russia, France, China, Germany and the EU. China and the European Union have both expressed opposition to the United States sanctions. That would entail banning Iran from returning to enrichment activities. "We are in the economic war situation", he said. This framework has also been approved by the USA for the 8 countries that would enjoy its waiver to keep the global oil markets calm. (more...)
Jobs Market Growing, US Unemployment Decreasing Jobs Market Growing, US Unemployment Decreasing
- November 05, 2018

Last month, the economy added 47,000 jobs in health care, 42,000 in leisure and hospitality, 32,000 in manufacturing, 30,000 in construction and almost 25,000 in transportation and warehousing. In years when the economy is performing poorly, the issue of jobs tends to poll much higher as a top concern. "What's so impressive to me is there have been more jobs than workers every month since March of this year", said Scott Clemons, chief investment strategist at Brown Brothers Harriman. (more...)
One person dead, another missing in the USA after Amazon building collapse One person dead, another missing in the USA after Amazon building collapse
- November 05, 2018

News reports cited city fire officials as saying one man was found under debris on Friday night and later pronounced dead, while a second man's body was recovered early on Saturday. Images taken from outside the facility showed a badly damaged truck and a knocked-over light pole, the Sun reported. Fire officials responded to a call about a potential collapse of the Amazon Fulfillment Center building at around 10:30 p.m. (more...)
Apple loses its $1 trillion crown (AAPL) Apple loses its $1 trillion crown (AAPL)
- November 04, 2018

Apple on Thursday reported underwhelming iPhone sales and gave soft guidance for the holiday quarter. "Q4 revenue was up 29 per cent over a year ago, an increase of over $8 billion to a new September quarter record fuelled by continued momentum for iPhone 8 , 8 Plus and X, and the very successful launch of iPhone XS and iPhone XS Max ", Cook added. (more...)
European Union expresses deep regret over US-Iran sanctions European Union expresses deep regret over US-Iran sanctions
- November 04, 2018

Trump said in a presidential statement late on Friday night. "One-hundred percent of the revenue Iran receives from the sale of crude oil will be held in foreign accounts and can be used by Iran only for humanitarian trade or bilateral trade in non-sanctioned goods and services", he said. (more...)
B.C. Unemployment rate continues to ride the crest B.C. Unemployment rate continues to ride the crest
- November 04, 2018

London's jobless rate is hovering near an all-time low after Statistics Canada reported on Friday the unemployment rate fell to 4.9 per cent in October, down from 5.2 per cent the month before. According to Statistics Canada, the country added 11,200 net new jobs in October, but the numbers were too low for the agency to consider them statistically significant. (more...)
Amazon may be closing in on second headquarters location Amazon may be closing in on second headquarters location
- November 04, 2018

The decision process has been going on since at least the end of 2017 when Amazon essentially launched a contest that sparked competition among cities across the world, including in Seattle and other areas across Washington state. "There's a lot of activity", one individual close to the process told the Post . In a subsequent tweet, Grella criticized The Post for a story linking Bezos' private jet's flight history to the Amazon HQ2 search. (more...)
It’s good to talk, but US-China tensions are far from over It’s good to talk, but US-China tensions are far from over
- November 04, 2018

Trump said earlier on Twitter that he and Xi had a "very good" conversation. Trump, who made the reformation of America's trade relationship with China a flagship pledge during his campaign to be President, has also promised to clamp down on Chinese tech firms that he claims are infringing on United States intellectual property rights. (more...)
Tesla cars will find parking spots by themselves Tesla cars will find parking spots by themselves
- November 03, 2018

Tesla Inc. says in the filing that to its knowledge, no government agency in an ongoing investigation has determined that it did anything wrong. Shortly after commenting, Musk announced that the parking upgrade will be ready in around six weeks and will be a software upgrade available to all Teslas produced in the past two years. (more...)
United States companies hiring at robust pace, wages rise faster United States companies hiring at robust pace, wages rise faster
- November 03, 2018

Employment costs also rose in Q3, up 0.8 percent for the period, ahead of the estimate of 0.7 percent Wall Street economists projected, a sign that more inflation is ahead. The jobs market is viewed as being close to or at full employment, with the unemployment rate at a near 49-year low of 3.7 percent. They were up 2.6% in the 12 months through September after rising 2.9% in the year to June. (more...)
Facebook daily user growth slows as sales miss forecasts Facebook daily user growth slows as sales miss forecasts
- November 03, 2018

User figures also missed analysts estimates. Revenue was $13.73 billion, an increase of 33 percent, for the July-September period. Profit beat Wall Street expectations by jumping nine percent to $5.14 billion on revenue that leaped 33 percent to $13.7 billion in the quarter that ended September 30. (more...)
Trump, Xi upbeat on ending trade war Trump, Xi upbeat on ending trade war
- November 03, 2018

It was unclear if Trump was easing up on USA demands that China has resisted. It comes ahead of a key meeting between Mr Trump and China's President Xi Jinping at the G20 summit this month. The Chinese president was also quoted as saying that he was willing to meet Trump in Argentina during the G-20 summit. Both the USA and China have sought to portray the personal relations between the two leaders as a source of stability in the relationship, and they have refrained from direct criticism ... (more...)
How do I get a free Google Home Mini from Spotify? How do I get a free Google Home Mini from Spotify?
- November 03, 2018

The master account holder for any Spotify Premium for Family plan in the United States has until December 31st to claim a brand new Home Mini for absolutely nothing. The application does not have offline support, however, according to a user who shared their experience on Reddit . This was attributed to Spotify's new family and student plans, which brings in more users, but not for more fees. (more...)
GM offers buyouts to 18,000 employees GM offers buyouts to 18,000 employees
- November 03, 2018

They were sent offers Wednesday morning and have until November 19 to decide, a company spokesman told Reuters. "We will evaluate the need to implement after we see the results of the voluntary program and other cost-reduction efforts", the company said. (more...)
United Kingdom construction PMI unexpectedly rebounds to 53.2 in October United Kingdom construction PMI unexpectedly rebounds to 53.2 in October
- November 03, 2018

Readings above 50 signal expansion, while those below 50 signal a contraction. Individually, foreign demand improved for the first time in five months, while output inflation jumped to a decade-high reading. More than 70 per cent of U.S. firms operating in southern China are considering delaying further investment there and moving some or all of their manufacturing to other countries as the trade war bites into profits, a business survey showed on Monday. (more...)
Palestinians slam ‘provocative’ Brazil embassy move to Jerusalem Palestinians slam ‘provocative’ Brazil embassy move to Jerusalem
- November 03, 2018

Member of the Palestine Liberation Organization's executive committee Hanan Ashrawi (file photo) "These are provocative and illegal steps that will only destabilize security and stability in the region", Hanan Ashrawi, a member of the PLO's executive committee, told AFP . (more...)
Toyota, Subaru to recall more than 400,000 cars with faulty engines Toyota, Subaru to recall more than 400,000 cars with faulty engines
- November 03, 2018

Toyota's recall includes the 86 and the FR-S sports vehicle. Also included are the Subaru-manufactured Toyota 86 sports cars, called the Scion FR-S during the years included in the recall, according to Newsweek . Individuals believed to be impacted by these recalls should begin receiving additional information in the mail starting in December. The repairs are likely to be costly with Subaru picking up the tab. (more...)

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