Money

by | January 23, 2019 | 23:14

Nearly 94 percent of 1.6 million passengers on Saturday were cleared in 15 minutes or less. The agency has dispatched extra screeners to airports in Atlanta, LaGuardia Airport in NY, and Newark, New Jersey. Paul International Airport topped the average, at 41 minutes. Departing passengers should arrive at the airport two hours before a domestic flight and three hours before an global flight to allow sufficient time for parking, airline check-in and screening at the security checkpoint.

by | January 23, 2019 | 17:02

As a result of the drone the incoming flights to Newark, one of the busiest airports in the world, were held briefly and delayed thousands of passengers. The incident follows major disruption over the Christmas period at London's Gatwick airport, where apparent drone sightings grounded hundreds of flights over the course of three days.

by | January 23, 2019 | 13:42

Speaking to reporters during a regular briefing in Beijing on Tuesday, Chinese Foreign Ministry spokesperson Hua Chunying said that both countries had abused the extradition agreement in Meng's case. China on Tuesday demanded the US drop a request that Canada extradite a top executive of the tech giant Huawei, shifting blame to Washington in a case that has severely damaged Beijing's relations with Ottawa.

by | January 23, 2019 | 07:30

A construction worker used a mechanical digger to wreck the lobby of a new hotel in Liverpool, UK, in an apparent dispute over unpaid wages . Someone says off-camera something along the lines of, "this is what you get if you don't pay your men".

by | January 22, 2019 | 22:16

The IMF predicted the global economy to grow at 3 .5 percent in 2019 and 3.6 percent in 2020, due to weakness in Europe and some emerging markets , and said failure to resolve trade tensions could further destabilize a slowing global economy.

by | January 22, 2019 | 16:56

Gross domestic product rose 6.4 per cent in the fourth quarter from a year earlier, matching economists' estimates, and compared with 6.5 per cent in the previous three-month period. While retail sales growth picked up marginally in December to 8.2 percent, the consumer strength gauge is about the weakest it has been in 15 years.

by | January 22, 2019 | 14:11

That decision has become more politically charged after the RCMP arrested Huawei executive Meng Wanzhou in Vancouver on December 1 at the request of the United States. MacNaughton told the leading Canadian paper. "If China would resort to putting Canadians to death to defend its corporate national champion, what might it do if the Chinese Communist Party had unfettered access to Canada's vital communications networks?" said Fadden.

by | January 22, 2019 | 07:26

The IMF yesterday kept its China growth forecast at 6.2 per cent for both this year and next, but said economic activity could miss expectations if trade tensions persist, even with state efforts to spur growth by boosting fiscal spending and bank lending.

by | January 21, 2019 | 22:07

Even though many tech multinationals like Google are headquartered in the US, they still have to comply with the new rules because they have millions of users in Europe. The outside of the Google offices in NY. The GDPR is the world's first major attempt to regulate large tech firms like Google, Facebook, Amazon, etc., and is forcing those companies to critically examine their own policies and procedures when it comes to data collection.

by | January 21, 2019 | 21:35

Tesla has conceded its Model 3 is too expensive. Even as the company continues to try to ramp up production of its most popular and affordable Model 3 , Tesla CEO Elon Musk announced on Thursday evening that the company will lay off another 7 percent of its full-time employees.

by | January 21, 2019 | 21:26

But the slowdown has been sharper than expected, prompting Beijing to step up government spending and order banks to lend more to shore up growth and avoid politically risky job losses. The dispute and news of job losses and falling sales of autos and real estate have rattled Chinese consumers. As pocketbooks snap shut, the downturn could worsen.

by | January 20, 2019 | 20:15

In a statement after Trump's speech, Senate Republican Leader Mitch McConnell called the plan a "bold solution to reopen the government, secure the border, and take bipartisan steps towards addressing current immigration issues". "Trump proposes amnesty. We voted for Trump and got Jeb", Coulter tweeted . Democrats say Trump balked at the offer, demanding more after Democrats thought they had a deal.

by | January 20, 2019 | 17:29

Oil supplies from OPEC nations plunged by 751,000 barrels per day to almost 31.6 million bpd, according to independent figures cited by OPEC in its monthly report . It's the biggest cut since the organization kicked off a previous round of curbs in early 2017. According to OPEC's list, OPEC and non-OPEC will withhold 1.195 million bpd from the market and keep their combined production at 43.874 million bpd between January and June.

by | January 20, 2019 | 15:02

US Secretary of the Treasury Steven Mnuchin discussed lifting some or all tariffs on Chinese goods and suggested offering a tariff rollback during trade discussions scheduled for January 30, the Wall Street Journal reported on Thursday, citing people familiar with the internal deliberations.

by | January 20, 2019 | 11:29

The statement said the payment Ghosn received was "hidden" from Mitsubishi but was discovered through the disclosure of information by Nissan . Ghosn, arrested and detained in Tokyo since November 19, has been indicted in Japan on charges of under-reporting his salary for eight years up to March 2018, and temporarily transferring personal investment losses to Nissan during the global financial crisis.

by | January 20, 2019 | 11:16

Wiener, the editor of the Independent Adviser for Vanguard Investors, a newsletter and website that for decades has tracked the company. Bogle, who founded Vanguard based on his investing principles, understood early on that high costs can undermine even the best performing fund.

by | January 20, 2019 | 04:06

Jobs in the region have grown by 21% since 2011, but growth in housing construction has not kept up at 13%, and it is expected that this new supply deficit will only get worse. The company will offer $225 million in low-priced loans to subsidize the preservation and construction of middle-income or "work force" housing in six cities - Redmond, Bellevue, Kirkland, Issaquah, Sammamish and Renton - where the company has more than 50,000 employees.

by | January 19, 2019 | 16:17

Geely gets approval for new plant in Wuhan. Geely, which also controls Sweden's Volvo Car Group and has a stake in Germany's Daimler AG, is hoping to put Lotus on the global map as a luxury nameplate to compete with other luxury renowned car brands Porsche and Ferrari.

by | January 19, 2019 | 14:12

Federal workers in Kansas furloughed because of the partial shutdown are eligible to apply for state unemployment benefits. But for some of them, it has been an exercise in confusion and frustration. Applications for unemployment compensation from federal employees doubled in the first week of January, according to the U.S. Department of Labor. The site warns user to "not mail proof of your federal wages to the VEC before you have completed and submitted your claim for unemployment ...

by | January 19, 2019 | 06:56

Now, the government has introduced changes to tax laws under the Section 56 (2) (vii b) of the Income Tax Act that will exempt "genuine" investors in recognised startups - but not without another red tape. Almost 30 of the 100 companies that Mittal invested in have received tax notices. Earlier the procedure was carried out by an inter ministerial board of certification.