Economy

by | October 01, 2018 | 22:41

California and the Trump administration are feuding over the state's new internet neutrality law that aims to ensure a level playing field on the internet. Senator Scott Wiener, who wrote SB 822, said the suit showed the Trump administration believes no one is allowed to protect the open internet. After the governor's veto, Leyva said she will introduce the bill next session.

by | October 01, 2018 | 21:40

Musk's tweet about taking his company private, along with attacks on critics on social media, raised concerns with investors about whether Musk has become too focused on criticism from so-called short-sellers who had been making bets against him and Tesla .

by | October 01, 2018 | 17:25

Musk's tweet about taking his company private, along with attacks on critics on social media, raised concerns with investors about whether Musk has become too focused on criticism from so-called short-sellers who had been making bets against him and Tesla .

by | September 30, 2018 | 06:40

On Saturday, September 29, the nation will come together over a warm cup of joe and celebrate the one thing we can all agree on: that coffee is delicious. Caribou Coffee: The coffeehouse chain is offering a free coffee of the day - of any size - with the purchase of a food item. Customers purchasing any breakfast sandwich that costs more than $2 can get a free coffee at participating 7-Eleven locations.

by | September 30, 2018 | 05:14

The yield difference between 2 and 10-year Treasurys shrank to an 11-year low of 21 basis points last week; a so-called yield-curve inversion happens when it goes negative, and is used as a recession signal. The unemployment rate , now 3.9 per cent, is at a level considered beyond what can be sustained without putting upward pressure on wages and inflation, and consumer confidence is strong, having hit an 18-year high in September.

by | September 30, 2018 | 00:59

Tesla , whose shares are off 16% this year, still is outperforming Ford (down 25%) and GM (off 18%). The civil investigation by the Securities and Exchange Commission resulted in Thursday's steps and Friday's stock skid. Analysts and experts told CNN the SEC lawsuit brings a scourge of uncertainties to Tesla ( TSLA ), which is already grappling with intense business pressure.

by | September 28, 2018 | 15:29

Citizens from the other 27 European Union member states are now free to live and work in Britain under the bloc's freedom of movement rules, but this will end after Brexit. Instead, it saw most of Tory rebels and Labour members at the parliament even united in a bid to kill the compromise deal. Mr Francois said the PM would "lose" any vote and should embrace an alternative Canada-style trade plan.

by | September 28, 2018 | 11:09

Auto carriers are nearly certainly not cheap to build since they are large trucks with special storage meant to move cars from a factory to dealers or other locations. A customer took to Twitter asking Musk about the status of a Model 3 (AWD) order placed in June. The stocks of Tesla have tumbled with 3.4%, following the news of the possible criminal investigation of the company.

by | September 26, 2018 | 22:41

Trade Representative Robert Lighthizer said Canada and the U.S. have to get a NAFTA deal done and "then we'll turn to steel". "It's really a question of whether or not the United States wants to have a deal". Remaining sticking points concern Canada's state-managed system of dairy production, protections for Canadian cultural industries and provisions for resolving dispute that arise among NAFTA partners, which Trump is seeking to eliminate.

by | September 26, 2018 | 19:53

Major oil trading houses are predicting the return of US$100 crude for the first time since 2014 as OPEC and its allies struggle to compensate for USA sanctions on Iran's exports. Novak also said that when the production cut-off agreement reached in Algiers in 2016 expires at the end of 2018, "it will be necessary to think carefully to expand our cooperation to meet the rising challenges we face today and in the future".

by | September 26, 2018 | 18:51

Idol said in a statement . According to the press release from Michael Kors , Donatella, 63, will stay on as creative director. Founded in 1978 and taken over by Donatella Versace 20 years ago, the iconic fashionista called this "a very exciting moment" for the brand.

by | September 26, 2018 | 17:21

President Donald Trump on Tuesday claimed that he meant to make world leaders laugh during his address to the United Nations earlier in the day, though he initially said he " didn't expect that reaction ". "No worse reaction he can think of than being laughed at", tweeted Maggie Haberman, the New York Times reporter who has covered Trump for decades.

by | September 26, 2018 | 16:32

Importantly, the announcement seems to indicate that Coinbase - heretofore one of the most exclusive major exchanges - will list a cavalcade of new assets, which the firm identified as one of its customers' chief requests. XRP's price is boasting double-digit percentage growth today for the this week as the broader market picks up the bid. Can XRP Push Bitcoin Out of First Place? It got more evident after the market added $21 Billion within 48 hours.

by | September 26, 2018 | 13:46

Russian Energy Minister Alexander Novak said that no immediate output increase was necessary but that Russian production could be increased by several hundred thousand barrels per day, if needed. A mid-term report released by OPEC on Sunday forecast that non-OPEC supply from countries led by the United States would rise by 2.4 million bpd in 2019 while global oil demand should grow by just 1.5 million.

by | September 25, 2018 | 22:42

In at least some resistance to Trump's General Assembly boasting, ambassadors from New Zealand and Uruguay have both rejected Trump's "Call to Action", skipping the president's address and photo op Monday. "I would like to thank Chairman Kim for his courage and for the steps he has taken, though much work remains to be done", Trump said. Rouhani is due to address leaders later on Tuesday.

by | September 25, 2018 | 22:41

Mashable has reached out to Facebook for comment. Facebook CEO Mark Zuckerberg praised the two men, "Kevin and Mike are extraordinary product leaders and Instagram reflects their combined creative talents". It also launched IGTV in June, allowing vertical videos for up to 60 minutes. "I'm looking forward to seeing what they build next". The duo have resigned from the company and will leave in the coming weeks.

by | September 25, 2018 | 22:41

That coincided with the time for President Donald Trump's planned tariff hike on $200 billion of Chinese imports to take effect, though there was no immediate US government confirmation it was collecting the higher charges. share. High-ranking officials from several Chinese government agencies held a press conference on Tuesday as Beijing rolled out a new white paper claiming to set the record straight on trade-related facts.

by | September 24, 2018 | 19:39

Some German cities have banned older diesel cars from their streets and the ongoing investigation into the diesel emission scandal continues. Volkswagen's Porsche will stop offering diesel versions of its cars, the unit's chief executive told a weekly newspaper, responding to ever tougher requirements to curb Carbon dioxide emissions.

by | September 24, 2018 | 18:56

Crude oil prices gapped higher from weekend trading, in response to announcements from delegates of the Organization of the Petroleum Countries and allied governments crossing the newswires. investment bank J.P. Morgan said in its latest market outlook that "a spike to $90 per barrel is likely" for oil prices in the coming months. When Trump in May announced plans to reimpose sanctions on Iran's oil exports, the market estimated a cut of about 300 000 to 700 000 barrels a day, said ...

by | September 24, 2018 | 18:31

China canceled trade talks with the US and will no longer send Vice-Premier Liu He to Washington next week, the Wall Street Journal reported , without saying where it got the information. Beijing´s retaliatory tariffs on $60 billion in American goods were set to go into effect soon after, the finance ministry announced last week. "The US-China trade war has no clear end in sight".

by | September 23, 2018 | 23:16

Andrew Colvin, the commissioner of the Australian Federal Police, also warned people that copycats or people perpetrating hoaxes would also be prosecuted. On Wednesday, Australia's Prime Minister Scott Morrison said in a press statement that the current maximum penalty for food contamination offenses will be increased from a 10 years to 15 years.

by | September 23, 2018 | 19:01

In a tweet on Thursday, Trump blasted OPEC for continuing to "push for higher and higher oil prices". United States pulled out in May from Iran's nuclear deal, called the Joint Comprehensive Plan of Action or JCPOA and resumed financial and industrial sanctions on the country in August and the additional oil-related sanctions would be imposed on November 4.

by | September 22, 2018 | 02:57

USA crude oil accounted for 19 percent of total East Coast crude inputs for the first half of 2018, compared with 48 percent in the same period of 2015, when the Brent-WTI price spread also averaged $5 per barrel. The new sanctions take effect in November, as a result of with Trump's decision to pull out of a 2015 agreement on Iran's nuclear program. For this year's April-to-September driving season, the Energy Information Administration expects USA petrol prices to be up 19% from a year ...

by | September 21, 2018 | 05:31

Testing agencies across Europe replaced NEDC with WLTP (Worldwide harmonized Light vehicles Test Procedure) past year. A raft of colour schemes and trim combinations are available, including open-pore ash wood that can't be optioned on other Audi models.

by | September 21, 2018 | 05:08

Directorate General of Civil Aviation (DGCA) said that the crew has been taken off duty and Aircraft Accident Investigation Bureau (AAIB) has started an investigation. Because of this, aircraft are pressurized to simulate a lower altitude inside the cabin. In on extreme case in 2005, a Helios Airline flight crashed into a mountain after the pilots lost consciousness from hypoxia .

by | September 21, 2018 | 02:44

Amazon now operates four such stores, three in Seattle and one in Chicago, and these are being used as trial-runs for a larger scale expansion of the business. The surge in Amazon's advertising business is due, in part, to more people searching from the e-commerce site directly, instead of going through Google's search engine.

by | September 20, 2018 | 09:54

Airline operator Cathay Pacific on Wednesday re-posted photos of its plane with a misspelled name, drawing mixed reactions from social media users. Travellers at Hong Kong International Airport spotted the sign-writer's mistake and contacted the airline immediately.

by | September 19, 2018 | 13:11

Fears of a copycat fruit saboteur emerged on Monday after police reported that a woman was caught inserting a needle into a banana in a Queensland supermarket. The government of Queensland has offered a reward of 100,000 Australian dollars (about $71,510) for information leading to the arrest and conviction of anyone responsible for the contamination.

by | September 19, 2018 | 12:45

USA nationwide crude inventories probably fell 1.75 million barrels last week, according to a Bloomberg survey of analysts. US production has returned to 2014 boom levels, but the energy agency said USA output will grow more slowly next year due to bottlenecks in getting oil to markets.

by | September 19, 2018 | 12:31

It was not clear what statement from Beijing Trump was referring to in his post. But tariffs, Trump's mechanism to push trading partners to strike new deals, have more voters than not anxious about economic damage and more expensive goods, according to polling.

by | September 18, 2018 | 05:03

Coca-Cola's statement comes amid reports the company has held talks with Canada's Aurora Cannabis to develop beverages. Although the drinks wouldn't be appealing to those seeking a high, however, they could be incredibly helpful to people suffering from inflammation, pain, and cramping, according to the report.

by | September 18, 2018 | 04:56

The International Monetary Fund on Monday said Britain's economy would suffer "substantial costs" should it leave the European Union without a deal. The Prime Minister has faced growing pressure over her Brexit plan - which has come to be dubbed as the "Chequers Plan" (after the location at which it was forged) that would result in Britain maintaining a common rulebook for goods, including agricultural products, with the European Union after Brexit.

by | September 18, 2018 | 04:33

Joshua Gane said on Facebook: "He bites through a strawberry and swallows half a sewing needle". The dramatic move affects stores in every state except Western Australia . He urged consumers to be vigilant - but added that strawberries are safe to eat after washing and chopping. Growers have resorted to using metal detectors in an effort to stop anyone being hurt.

by | September 18, 2018 | 03:53

In a statement , the USA president said further tariffs worth $267bn (£203bn) will be placed on Chinese imports if Beijing takes "retaliatory action against our farmers or other industries". Multiple media reports in recent days cite officials saying Trump had made a decision to press ahead with tariffs on $200 billion in goods as soon as Monday.

by | September 18, 2018 | 02:45

President Trump has threatened to intensify his tariff assaults on nations which fail to bow to America's trade demands as China braced for a fresh attack. A Treasury spokesman did not immediately respond to a query on the status of the China talks invitation. The Journal cited unnamed people familiar with the matter who said the tariff level will likely be set at about 10 percent, below the 25 percent announced earlier this year.