Money

by | August 08, 2018 | 11:28

The United States and China - two of the world's largest economies - have been engaged in a tit-for-tat tariff war that the International Monetary Fund warned could affect the global economy. "Other countries use Tariffs against, but when we use them, foolish people scream!" "Even if the trade war escalates, China would rather lift the 25 percent tariffs to 50 percent, instead of imposing any tariffs on integrated circuits or big airplanes", according to Larry Hu, head of China ...

by | August 08, 2018 | 08:57

The discovery was made several hours after Flight 1942 touched down in NY from Charlotte, North Carolina. A cleaner made the grim discovery after discovering a large amount of toilet paper had been pulled out and covered the inside of one of the plane's toilets.

by | August 08, 2018 | 04:56

Tesla's shares were up 6.5pc at $363.46. At $420 a share, that means Musk would have to buy back Tesla at the whopping price of $82 billion, in what would likely be one of the largest take-private transactions in history. Musk has cut a controversial figure on social media and beyond, apologising last month for calling British caver Vernon Unsworth, who helped rescue 12 Thai boys from a cave a "pedo", short for paedophile, after Unsworth spoke dismissively of the Tesla chief's proposal ...

by | August 08, 2018 | 04:37

It's up to brewers to actually pass down the savings of $1 beer to consumers. Today Premier Doug Ford is expected to reveal the provincial government's buck-a-beer plan. Meek says Kitchesippi contributes to the community through a variety of charitable events and supports a staff that is well-paid with good benefits, both of which would have to be cut if he were to cut the price of a bottle of beer to a dollar.

by | August 08, 2018 | 00:38

At $420 per share, a deal would be worth $72 billion overall. What Musk will ultimately do with the company remains to be seen. Tesla's shares jumped as high as $371.15 in afternoon trading. On the other hand, many of Tesla's most passionate backers bought stock because they believe the price will eventually go to stratospheric levels. "There is a 1 in 3 chance he can actually pull this off and bring Tesla private", said Munster, adding that even at a market capitalization based on a $420 ...

by | August 07, 2018 | 01:38

Facebook has reportedly said that it wouldn't use the data to improve its ad-targeting or share it with others. The banks' primary concern with this partnership is, unsurprisingly, about data privacy. Facebook acknowledged last month that it was facing multiple inquiries from USA and British regulators about a scandal involving the now bankrupt British consultancy Cambridge Analytica .

by | August 07, 2018 | 00:44

Cops say during the stop, they found oxycodone pills during a search of his person. France's blood alcohol level was over twice the legal limit (0.08 percent in New York State). Mr. France was charged with aggravated driving while intoxicated and criminal possession of a controlled substance in the seventh degree, both misdemeanors.

by | August 06, 2018 | 16:38

There were no other passengers in the plane, and nobody on the ground was hurt. Passersby immediately gathered at the sidewalk taking photos of the scene as firefighters were attending to the incident. The Federal Aviation Administration revealed that the pilot called an emergency before the plane crashed. East Bay woman ID'd as one of Southern California plane crash victimsGhanadan was a realtor at Pacific Union in Danville.

by | August 06, 2018 | 16:27

Nooyi, 62, will be replaced by Pepsi's ( PEP ) global operations chief Ramon Laguarta, 54. Under Nooyi's leadership, PepsiCo's revenue grew more than 80 per cent, outperforming our peers and adding a new billion-dollar brand nearly every other year.

by | August 06, 2018 | 15:45

According to a media report, Fiat Chrysler Automobiles (FCA) has filed a complaint against Mahindra with the US International Trade Commission. MANA, or Mahindra Automotive North America, wants to make it very clear that the new ROXOR vehicle they are offering the North American market is for off-road use only.

by | August 06, 2018 | 13:09

If they don't want to be taxed, let them make or build the product in the US. At a time when China is opening its domestic market to more foreign trade and investment than at any time in China's modern history, policy makers in Beijing have opted to retaliate against America's ongoing tariff onslaught in a manner that will force USA producers to apprehend the reality that in a prolonged trade war of Washington's own making, United States industries will be the penultimate victims.

by | August 06, 2018 | 09:40

State refiners accounted for about four-fifth of Iranian oil imports in July with Indian Oil Corp along with its unit Chennai Petroleum Corp getting about 300,000 bpd oil from Tehran, the preliminary data showed. U.S. officials have softened their stance after initially saying they would press allies in Europe, Asia and the Middle East to adhere to the sanctions and reduce their imports to zero.

by | August 06, 2018 | 02:58

He is a great Congressman who is tough on crime & borders & inspiration to our Military & Vets. Responding to Saturday's rally at an OH high school gym meant to boost the prospects of Republican Troy Balderson in a tightly contested special election scheduled for Tuesday, a top GOP operative confided "Today is a ideal example" of Trump's failings as an advocate for candidates.

by | August 06, 2018 | 02:35

At least 16 people have been hospitalized due to the Cyclospora parasite, which causes intestinal illness. They have "Best by", "Enjoy by", "Best if sold by", or "Sell by" dates ranging from July 18 through July 23, according to the CDC .

by | August 06, 2018 | 02:16

On Tuesday, data released by the American Petroleum Institute showed US crude stockpiles to have risen by 5.59 million barrels in the week, compared to analyst expectations for a 2.8 million-barrel drawdown. US President Donald Trump's decision to pull out of an worldwide nuclear deal and reimpose sanctions on Iran has angered Tehran. "A clear definition around the macros is what the market is looking for and until we get that, it is likely to be volatile in the range", said Jonathan ...

by | August 06, 2018 | 02:01

Canada's trade gap narrowed dramatically in June, to its smallest in 17 months, as the country's exports surged to record levels even as protectionist trade clouds gathered. Aircraft exports alone were up 44.5 per cent to $984 million. "Tense trade relations may have caused American importers to stock up as evidenced by the Canadian trade surplus with the USA jumping to the highest since April a year ago".

by | August 05, 2018 | 18:54

It said that the pilots continue to seek a "fair and transparent method" to govern base transfers and related matters which they say is common practice in the industry. The recent strikes launched by Ryanair's pilots in Ireland first started on July 12 after they lost their patience with their employer over the talks on the improvement of their working conditions which mainly centered around a demand for base transfer, annual leave and promotions based on seniority.

by | August 05, 2018 | 17:26

The latest non-farm payrolls report, charting the health of America's goods, industrial and construction companies, shows that the world's largest economy created 157,000 jobs last month, fewer than expected, according to the Labor Department.

by | August 05, 2018 | 16:35

With five of its members voting for the increase, the 6-member Monetary Policy Committee (MPC ) headed by RBI Governor Urjit Patel , increased repo rate , at which it lends to other banks, to 6.5 per cent but kept its policy stance as "neutral".

by | August 05, 2018 | 15:43

Shortly before noon EDT. on Thursday, Aug. 2, Apple's stock hit $207.05 per share, giving it a market capitalization at that trillion-dollar mark. Apple co-founder Jobs envisioned breakthrough hardware and software architecture where the Apple users never have to leave the company's ecosystem.