Money

by | November 30, 2018 | 03:16

Like other USA vehicle manufacturers, GM is shifting away from production of sedans and toward the more popular SUVs and light-duty trucks, although it did not specify that any models will be eliminated from its lineup. GM names the Lordstown, Ohio, factory that makes the Chevrolet Cruze compact and the Detroit-Hamtramck plant, where the Chevrolet Volt, Buick LaCrosse and Cadillac CT6 are produced.

by | November 29, 2018 | 10:47

US President Donald Trump will also be interested in the statement, and he expressed his displeasure with Powell in an interview on Tuesday. So far, I'm not even a little bit happy with my selection of Jay [Powell for Federal Reserve Board chair].

by | November 29, 2018 | 08:15

The head of the U.S. National Economic Council says there's a good possibility a deal can be achieved to cool down the ongoing U.S. - Sino trade war, but warns the Trump administration will consider additional tariffs if no deal is struck.

by | November 29, 2018 | 08:00

Shares have fallen more than 25 per cent from record levels. Apple obviously was in no mood to lose it again to Microsoft but as its iPhone sales were not as par with the expectation, the tech giant finally met the defeat by slipping one position in the list of the top US-based company.

by | November 27, 2018 | 14:45

They attributed the error to the happy accident of a vendor incorrectly loading $100 bills instead of $10 bills into the machine. Witnesses told KTRK that the Bank of America ATM was giving out $100 bills instead of other bills. However, perhaps themselves possessed by the spirit of the imminent holiday season, the bank declared all customers would be allowed to keep the extra money.

by | November 27, 2018 | 10:42

OH taxpayers rescued GM, and it's shameful that the company is now abandoning the Mahoning Valley and laying off workers right before the holidays. Among the plants that could shut is the Detroit/Hamtramck assembly plant - which makes low-demand vehicles such as the Chevrolet Impala and the Buick LaCrosse .

by | November 27, 2018 | 07:26

Graham also said this: "It's important that we back up the intel community if we think they're right". Lee added that he hoped mounting fury at Saudi Arabia would become "an opportunity for the Congress to weigh in and say , let's halt our efforts in Yemen ".

by | November 27, 2018 | 07:11

Bitcoin's value dipped to $3,930 today, after recovering back above $4,000 late yesterday, when it plunged to $3,474 - its lowest level since September past year, according to Luxembourg crypto-exchange Bitstamp. According to Moas, "institutions & the top 1% are buying as they did in the 2008 stock market crash". ABC won a race known as the Nakamoto Consensus, in which computers that support the Bitcoin Cash network voted to go with either ABC or SV, which offered different technical ...

by | November 27, 2018 | 06:52

May has warned lawmakers that if they reject it, Britain could face leaving the European Union without a deal - something businesses say would hurt the world's fifth largest economy. If it concludes Britain can unilaterally reverse Brexit , it could give British lawmakers (MPs) a third viable option as an alternative to May's deal or what ministers describe as a chaotic no deal scenario - staying in the bloc after another referendum.

by | November 27, 2018 | 01:46

ET. That's more than the $6.2 billion in online sales for Black Friday , up almost 24 percent on past year. "First #CyberMonday I have participated in and I AM HERE FOR IT!" As of 12:30 pm ET on Monday, no big US chain had seen any technical difficulties, according to Website outage tracker DownDetector.com.

by | November 27, 2018 | 00:49

About 6,000 factory workers could lose jobs in the US and Canada, although some could transfer to truck plants. A spokeswoman for GM Canada said Sunday that the company had "no news or comment tonight" and would not be commenting on speculation.

by | November 26, 2018 | 00:28

The Saudis have been concerned with the rising United States production and exports, which appear to have offset the majority of risks to worldwide energy markets - including the recent renewal of U.S. Oil bulls are hoping OPEC and Russian Federation come to the rescue by announcing steep production cuts at a meeting next month in Vienna . The Saudis have signaled they will throttle back on production in December, but unless the Organization of Petroleum Exporting Countries and ...

by | November 25, 2018 | 20:57

Three more cases of E. coli have been confirmed in Quebec and Ontario, putting the Canadian total at 22. USA and Canadian authorities believe the current outbreak, first reported in early October, is unrelated to spring's Yuma outbreak.

by | November 25, 2018 | 19:48

As of 5 p.m. Thursday, shoppers had already spent $1.75 billion online. "Overall, Black Friday doesn't have the sense of urgency as in the past and feels more like a busy regular weekend day in numerous stores", said Dana Telsey at Telsey Advisory Group.

by | November 25, 2018 | 18:49

Virgin Atlantic closed its British domestic airline network Little Red in 2015 after it was "not able to make a positive contribution" to the group and following a review of its network that had put emphasis on its transatlantic routes. A takeover of Flybe by Virgin Atlantic could be complicated by competition from a rival bidder such as Stobart Group as well as the protracted state of negotiations about Virgin Atlantic's ownership.

by | November 25, 2018 | 13:39

Germans are expected to buy about 2.4 billion euros ($2.7 billion) worth of goods on Black Friday and Cyber Monday, an increase of about 15 percent over a year ago. The company said that most of its fulfillment and warehouse centers across Europe are working in nearly full capacity. The FC Ambassadors would referencing negative news about Amazon warehouse working conditions, such as workers having to pee in bottles, in order to dispel the reports.

by | November 25, 2018 | 12:50

We have given direction to our negotiators this evening. "But, if you just presented me terms, this deal or European Union membership, because we would effectively be bound by the same rules but without the control or voice over them, yes, I think this would be even worse than that".

by | November 25, 2018 | 02:41

In July, Tesla raised the prices of the two models by about 20 per cent on the mainland after Beijing slapped an additional 25 per cent tariff on American-made vehicles, a retaliatory measure against the USA administration as trade tensions between the two countries escalated.

by | November 25, 2018 | 01:35

The Wall Street Journal , citing unidentified people familiar with the matter, reported that the U.S. government had reached out to counterparts and executives in countries including Germany, Italy and Japan about perceived cybersecurity risks from Huawei equipment.

by | November 25, 2018 | 01:18

Prosecutors said Ghosn is being held at the Tokyo detention centre, which is known for its austere regime - a far cry from his usual luxury lifestyle - including restrictions on sleeping during the day and a requirement to wear a mask when meeting with visitors to prevent the spread of disease.