Money

by | January 03, 2019 | 06:26

Cathay Pacific Airlines is doing the noble thing and owning up to the mistake, which saw tickets for the Business Class journey priced at $675 rather than its usual $16,000 price. Despite the costly error, the airline says it will honour the tickets sold at the discounted price. In October'18, the airlines made another big gaffe after the personal details including contact number, passport details of 9.4mn passengers in the world were hacked through their system.

by | January 02, 2019 | 22:49

Two nights ago, Tesla boss Elon Musk sent out a tweet telling his millions of followers that there was 48 hours left to buy a new EV and still qualify for the full $7,500 tax credit from the USA government. Looking to highlight its affordability, Tesla noted that new owners can apply to receive the tax credit and may be eligible for additional state and local electric vehicle incentives, which can range up to US$4,000.

by | January 02, 2019 | 22:24

The new state minimum wage laws could affect about 5.3 million workers who are now earning less than the new standards, according to the liberal-leaning Economic Policy Institute, based in Washington, D.C. In Michigan, legislators this year passed a wage increase before it was slated to go on the ballot in November, then, after the election, passed laws reducing the wage increases.

by | January 02, 2019 | 21:15

In a PR statement, it said that he was "terminated for cause for violating his legal obligations to the Company". As of today, his replacement will be Dennis Durkin, who joined Activision Blizzard in 2012 as the Chief Financial Officer and then becoming its Chief Corporate Officer in 2017.

by | January 02, 2019 | 20:12

The company, which released its production and delivery results for the fourth quarter, also announced that it was cutting prices on all of its models by $2,000 to help offset a reduction in federal tax credits for drivers who buy electric vehicles.

by | January 02, 2019 | 15:12

In Japan, each arrest allows prosecutors to keep suspects detained for up to 22 days without bail, if the court approves an extension midway. A call to Ghosn's lawyer was not answered. Ghosn's aide Greg Kelly, who was arrested at the same time over his alleged role in helping the executive understate his pay, was released on a bail at 70 million yen ($634,000) on December 25.

by | January 02, 2019 | 06:42

The next drawing will be held, January 1 at 11 p.m. The last huge Mega Millions jackpot - the 1.6 billion dollars in October was won by someone in SC, but has not yet been claimed. While there will undoubtedly be more people taking a chance on striking it rich, the odds of matching all six numbers and winning the game are still one in 302.5 million.

by | January 02, 2019 | 00:32

WKYT-TV reports no one was injured when the Krispy Kreme driver stopped after noticing smoke in the cab of his truck following a delivery in Morehead. Police departments around the country were quick to send messages of support to their colleagues. "We feel your loss". The fire occurred near Man o' War Boulevard and Pink Pigeon Parkway causing lane closures.

by | January 01, 2019 | 15:56

The minimum wage per hour for tipped employees rises to $5.44. The federal minimum wage has remained at $7.25 an hour since 2009, but in the years since, 29 states and the District of Columbia have established minimum wages above the federal level .

by | December 31, 2018 | 23:27

The company had earlier pledged that customers who had placed orders by October 15 would not only receive their cars by year-end but full tax credits, too. The organization planned to push Congress to reform the system and eliminate the manufacturer cap but nothing has materialized yet. Mr Musk and Tesla will each pay a separate $20m (£15m) penalty, with the money distributed to "harmed investors", the SEC said.

by | December 31, 2018 | 22:42

Massey for his treatment this past weekend, and deeply regret the experience he endured". The good news is that a hotel in OR announced it would be investigating why a Black guest at a Doubletree Inn was kicked out over suspicion of loitering on a property he had paid to stay at last weekend.

by | December 31, 2018 | 19:55

Forty-three Sears stores also will be shuttered, the company reported . Sears Holdings, the company that operates the two brands, filed for bankruptcy protection in October and is now awaiting bids to keep some of its remaining stores open.

by | December 30, 2018 | 20:42

Think your friends would be interested? The remaining passengers on the flight deplaned using the air stairs, the Southwest spokesperson said. "While medical personnel were assisting that passenger outside the aircraft, the airport-owned passenger loading bridge experienced a failure", the spokesperson said.

by | December 30, 2018 | 10:58

Among the affected newspapers were the Baltimore Sun , the Chicago Tribune and the San Diego Union-Tribune as well as the New York Times' and the Wall Street Journal's West Coast editions. The paper's main Twitter account has been responding to individual complaints with phrases like, "We've had a ton of delivery problems today which is why our lines are busy" and "You're right!" The computer problem shut down a number of crucial software systems that store news stories, ...

by | December 30, 2018 | 01:33

A Chinese Ministry of Commerce spokesman did confirm that the two sides will get together in January but didn't provide a specific date for the talks to take place. China agreed during G20 meetings with USA officials to participate in 90 days of concerted effort to move forward with trade talks. He is pushing the Asian nation to reduce trade barriers and stop alleged theft of intellectual property.

by | December 29, 2018 | 18:27

Temperatures as low as -40 degrees and as high as 120 degrees Fahrenheit, altitudes in excess of 13,000 feet, and every type of terrain imaginable will be thrown at the Defender to ensure its worthiness of the Defender name. The new Defender isn't likely to hit US shores - or steeply graded hills - until well into 2020. Did you miss it, NY? The factory already builds the Land Rover Discovery large SUV, which moved from its former production site of Solihull in the Midlands.

by | December 29, 2018 | 16:35

Four other Pennsylvania-based stores are included in the closure: Sears' stores in Greensburg and Altoona as well as Kmart locations in Pittsburgh and Erie. It could extend the deadline - or it could decide to accept defeat and begin a plan to close all of its stores and liquidate its assets. Sears Holdings listed $6.9 billion in assets and $11.3 billion in liabilities in documents filed in the U.S.

by | December 29, 2018 | 03:05

The bank has been under a cloud since 2015 , when it acknowledged that employees had opened millions of fake bank accounts for customers in order to meet sales goals. Finally, the states alleged that Wells Fargo improperly charged residential mortgage consumers for rate lock extension fees. "This significant dollar amount, on top of actions by federal regulators, holds Wells Fargo accountable for its practices".

by | December 28, 2018 | 22:54

Sears told the bankruptcy court it has interest from multiple parties. As of last week, Sears chairman Eddie Lampert, whose ESL Investments is the flailing chain's largest creditor and shareholder - was struggling to line up financing to make good on his $4.6 billion offer to buy the chain , according to a source.

by | December 28, 2018 | 21:39

In addition, 57 percent are men and 42.1 percent are women. About 17 million workers will benefit from the 2019 wage increases, the nonprofit estimates . Millions of workers are due for a raise next year. In coordination with the increase, the state Labor Department will release a multimedia public education campaign to raise awareness about the new minimum wage, Cuomo's office said.