Economy

by | December 24, 2018 | 18:28

BC Hydro said the task of restoring power continues to be challenging and requires individual repairs in many cases, including re-stringing hundreds of spans of power lines and replacing power poles and transformers. coast, bringing winds in the range of 70 to 90 km/h with gusts up to 100 km/h. In Nanaimo, officials are urging residents to conserve water as the city continues to fix its water treatment plant, which was also damaged in the storm on Thursday.

by | December 24, 2018 | 17:43

However, on November 5 the United States suddenly announced waivers to several buyers of Iranian oil, changing whatever concern was left about the market being short to new concerns that the market was oversupplied. Those fears receded after the United States granted sanctions exemptions. U.S. light crude oil was flat at $45.88 a barrel, after earlier touching a session low of $45.13 a barrel.

by | December 24, 2018 | 16:23

Father of two, Gait, who works as a window fitter, is understood to be a drone enthusiast who also flew remote control helicopters. "He is a reliable family man who has been with me for 17 years and has never given me any problems at all", said John Allard, Gait's boss.

by | December 24, 2018 | 15:27

This new statement by the FDA signals recognition by the agency of the public's intense interest in CBD-infused products. The FDA is expected to update its CBD regulations in the near future. "President Trump signed a Farm Bill into law that strengthens the SNAP public-private partnership between the federal government and independent supermarket operators and provides certainty for the various stakeholders within the food supply chain", said Peter Larkin, president and CEO of the Arlington, ...

by | December 23, 2018 | 08:15

Sources claimed that Facebook , which has taken a beating in late-2018's stock market pullback, intends to launch a US dollar-tied stablecoin for WhatsApp, a multinational messaging (IM) platform owned by the social media conglomerate. Moreover, the company's encrypted mobile-messaging app, WhatsApp, is popular in India with over 200 million users. In this regard, there have been rumors about launching Facebook's own digital currency.

by | December 23, 2018 | 04:31

The House vote failed to break a bitter budget standoff, as Democrats have the Senate votes to block any spending bill that includes funding for Trump's wall - and Trump said he'll veto any bill that doesn't. Senators passed legislation ensuring workers receive back pay; it will be sent to the House. Roughly 75 percent of government agencies - including some of the most public-facing, such as the Defense and Health and Human Services departments - won't feel the brunt of the shutdown ...

by | December 23, 2018 | 01:50

The S&P 500 is nearly 16 percent below the peak it reached in late September. Investors have responded to a weakening outlook for the USA economy by selling stocks and buying ultra-safe US government bonds. "I think clearly you have a situation here where the market has overreacted to the Fed's comments, and you see programmed trading taking over", he said in an interview with Fox Business Network.

by | December 22, 2018 | 05:29

The recall affects F-150 trucks from 2015-2019 built at plants in MI and Missouri and 2017-2019 F-series Super Duty vehicles built in Kentucky and Ohio. Thankfully, it has not learned of any injuries stemming from the problem. The fire risk only exists when the truck is parked and the block heater cable is plugged into an electrical outlet, the report states.

by | December 22, 2018 | 03:31

In the latest twist in the drama that has shocked the global vehicle industry, prosecutors added a charge of breach of trust to extend Ghosn's detention, the broadcaster reported, without saying where it got the information. If found guilty of those charges he could face up to 10 years in prison as well as a fine of up to 700m Japanese yen ($6.2m; £4.9m), according to Japanese regulators.

by | December 22, 2018 | 00:26

Tokyo led a rout of Asian shares on Thursday (Dec 20), mirroring big losses on Wall Street after the Fed defied unprecedented pressure from Donald Trump and raised interest rates, sparking fears the move could choke economic growth. The 10-0 decision lifted the federal funds rate target to a range of 2.25 per cent to 2.5 per cent. The Federal Reserve declared the US monetary tightening cycle lives on as in fact it should.

by | December 21, 2018 | 04:02

The Dow Jones Industrial Average gained 0.4 percent to 23,675.64 and the Nasdaq composite was up 0.4 percent at 6,783.91. Markets are bracing themselves for another tough day ahead, with bad news leading in and nervousness about a Federal Reserve rate-setting meeting ahead.

by | December 21, 2018 | 02:59

Canada legalised recreational marijuana in October, leading to a surge in interest from beer and tobacco companies looking to invest in the market. Molson Coors Canada and HEXO Corp., a Quebec-based cannabis producer, announced a similar partnership in August.

by | December 21, 2018 | 02:47

The government promised to give businesses time to adapt to its post-Brexit plans, but one employers" group warned the government not to "pull up the drawbridge'. "No-deal would be a disaster for our country and no responsible government would ever allow it", Labour Party leader Jeremy Corbyn said. The new system will be based around skills, "talent and expertise", rather than where people come from.

by | December 21, 2018 | 02:30

Congress often approves pay for such affected workers retroactively, even if they were ordered to stay home. The border wall prototypes Trump viewed in California earlier this year were concrete or a mixture of concrete and steel fencing, as the Border Patrol has indicated solid concrete doesn't allow the visibility they need.

by | December 21, 2018 | 01:01

This move came as a result after hundreds of Google employees raised internal complaints that this project was kept a secret from them. Other more than 400 Google employees also signed another open letter imploring the search giant to cancel the development of the Chinese search app, citing that it will enable censorship and human rights violations by the Chinese government.

by | December 21, 2018 | 00:42

Instead he sought to paint himself as the world's protector. President Vladimir Putin said on Tuesday that there was nothing to stop Russian Federation and the United States agreeing that other countries could join the Intermediate-range Nuclear Forces Treaty signed by Washington and Moscow during the Cold War.

by | December 20, 2018 | 07:00

Data privacy experts disputed Facebook's assertion that most partnerships were exempted from the regulatory requirements, expressing skepticism that businesses as varied as device makers, retailers and search companies would be viewed alike by the agency.

by | December 20, 2018 | 06:55

The Chinese arrests of the other two Canadians came in the wake of Canada detaining Huawei Chief Financial Officer Meng Wanzhou , who is now out on bail after five people pledged to secure a bail amount of Dollars 2.2 million on December 11.

by | December 19, 2018 | 17:14

It also doesn't explain why many partner applications don't appear in a Facebook user's app settings menu, as the outlet claims. "None of these partnerships or features gave companies access to information without people's permission, nor did they violate our 2012 settlement with the FTC", Konstantinos Papamiltiadis, Facebook's director of developer platforms and programs, said in a blog post .

by | December 19, 2018 | 15:23

Musk will reportedly unveil an elevator system that will bring the public's vehicles from the street to tunnel level, as well as autonomous vehicles that could shuttle passengers from place to place at high speeds. As Musk described it during his speech, it's "like a highway system underground, basically". On Tuesday, he explained for the first time in detail how the system, which he simply calls "loop", could work on a larger scale beneath cities across the globe.

by | December 19, 2018 | 12:13

Authorities were called to a McDonald's branch in Port St. Lucie Boulevard at 2 a.m. of December 16 where a worker told them that Gallagher, who was driving a four-door Pontiac, tried to pay for his order with marijuana. Officers arrived and took a report, and chose to remain nearby. Officers searched the vehicle and found a bag of marijuana under 20 grams. The officer pulled over the auto and confronted the driver, Port St.

by | December 19, 2018 | 03:28

Although his doorbell camera recorded the theft, police told him they could do little to track down the robber. Mr Rober also fitted an accelerometer into the device to detect the motion of people handling the package. To make sure he got their reactions on camera, he rigged the box with a Global Positioning System tracker, multiple phones with video cameras - and fart spray.

by | December 19, 2018 | 02:27

The unemployment rate is 3.7 percent, a 49-year low. Trump has loudly and frequently blasted the central bank and Fed Chairman Jerome Powell for raising borrowing costs this year, especially as volatility has rocked the stock market and US Treasury yields have begun to signal a possible recession ahead.

by | December 18, 2018 | 02:12

She pointed to Trump's tweet this weekend calling Michael Cohen , who has implicated the president in a campaign finance crime, a "rat". He then questioned why the servers of the DNC or "crooked" Hilary Clinton were not subject to being broken into.

by | December 18, 2018 | 00:52

According to Google, these investments will allow the company to more than double the number of employees in New York City over the next decade. The company now employs some 7,000 people in NY. NY had 254,270 tech employees last year, with the labor pool growing 17 percent from 2012 through last year. Google says it will lease office space at three spots in the West Village to create a new campus for thousands of workers in New York City.

by | December 18, 2018 | 00:48

Adam Bros. Farming, Inc. recalled the produce after sediment taken from a reservoir where it was grown tested positive for the specific strain of E. coli linked to the current outbreak , E. A previous version of this story mistakenly said that Health Canada issued the recall . The recall involves produce harvested from particular fields.

by | December 15, 2018 | 11:20

The recall involves specific lot numbers of the product manufactured between October 7th of 2016. and October 16th of this year. Specific lot numbers are available on the U by Kotex website , so if you're concerned about a box you picked up while overseas in the United States you can double check there.

by | December 15, 2018 | 04:46

The report by the Reuters news service sent the company's shares into a tailspin, suffering their worst one-day sell-off in 16 years. Among them were 6,000 women with ovarian cancer. J&J vice president Ernie Knewitz told Reuters that plaintiffs' attorneys are " out for personal financial gain " and are " distorting historical documents and intentionally creating confusion in the courtroom and in the media ".

by | December 15, 2018 | 00:26

The announcement follows the detention in Beijing on Monday of former diplomat Michael Kovrig , who works for the International Crisis Group (ICG). MobileSyrup has reached out to Telus and Bell for comment and will update this story when we hear back. She is free on bail in Vancouver, facing an extradition hearing to the U.S.

by | December 14, 2018 | 10:13

Don Rosenberg, general counsel for Qualcomm, said in a statement, "If Apple is violating the orders, Qualcomm will seek enforcement of the orders through enforcement tribunals that are part of the Chinese court system". We have to wait further for at least a few more days to see how the Chinese court decision impacts sales on older iPhone models. The Chinese government "may suffer hundreds of thousands of tax losses" from the iPhone ban because of lost taxes from sales of the devices, it said, ...

by | December 14, 2018 | 09:09

You'll get the latest updates on this topic in your browser notifications. Following the flight's return to Seattle , the heart was taken to a donor health centre for tissue storage and was said to have been received within the required time frame, the newspaper added.

by | December 14, 2018 | 08:27

Lopez Obrador, who took office December 1, has said he hopes to make migration a choice, not a necessity, for poor people of the region. In a Wednesday press release posted to the official DHS website titled "Walls Work", the agency proclaimed it was committed to "building wall and building wall quickly".

by | December 14, 2018 | 05:16

Ultimately, the campus will have the capacity for 15,000 employees. The new posts, it said, would include roles in its engineering, research and development, and sales divisions. That's not too much compared to the packages Virginia and NY gave Amazon in order to be the host cities for its new headquarters. Outside the U.S., the firm is constructing two data centres in Denmark, having chose to build a second in the nation after scrapping plans for an Irish data centre following a ...

by | December 14, 2018 | 04:58

Mr Xi had conceded to the arrangement with the agreement that US President Donald Trump puts a hold on enacting the new China tariffs . Soybeans higher on export optimism after President Donald Trump on Tuesday said that China was buying a "tremendous amount" of U.S.

by | December 13, 2018 | 21:43

Former Economic Affairs Secretary Shaktikanta Das was named the 25th Governor of the Reserve Bank of India to succeed Urjit Patel , who resigned suddenly on Monday amid a bitter dispute over the regulator's autonomy. On Friday, the RBI board will discuss issues relating to transfer of RBI's surplus funds to the government, and relaxation in PCA framework. Section 7 has for the first time been initiated by the Narendra Modi government in the 83-year-old history of the central bank.