Archive | Markets

European Union to impose retaliatory tariffs on United States imports from July

The decision comes in response to President Trump's decision to slap tariffs on steel and aluminum imports from Europe. They include denim, or...

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Honolulu lawmakers pass 'surge pricing' cap for ride-hailing companies

Uber has been told the city hasn't received any consumer complaints about surge pricing, said Tabatha Chow, the company's senior operations mana...

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Cambridge Analytica Reportedly Met With WikiLeaks to Discuss Election

The former boss of Cambridge Analytica was embroiled in the scandal during a Channel 4 documentary in the United Kingdom, in which he was se...

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Canada's trade surplus with the USA widened in April

While the data release by the Commerce Department was compiled before a recent round of tariffs against the United States -mostly by Mexico and ...

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Tesla involved in fatal crash sped up before hitting road barrier

The alerts were triggered more than 15 minutes prior to the accident . Tesla says drivers are supposed to keep their hands on the wheel at al...

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US Trade Gap Narrowed 2.1% in April

The U.S. economy is on a roll right now . Mexico has retaliated with measures targeting a wide range of US farm and industrial products. "We ...

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Say Goodbye To IHOP & Hello To IHOB, Whatever That Is

When a tweet from Patrick Ford begged the company to "stop b-ing elusive and tell me what is the answer b!", the company responded , "batience,...

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Trustees Report Warns Medicare Finances Worsening

Representative Ted Deutch (FL-22) and Senator Mazie K. Hirono (D-HI) renewed their call for Congress to strengthen and improve the Social Secur...

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More cancellations and delays in rail shambles

Under-pressure Transport Secretary Chris Grayling has defended his handling of the rail timetables saga, announcing compensation for commute...

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U.S. Trade Is Trump's Main Focus at G-7 Gathering

That move unleashed fury in the Group of Seven industrialised nations and prompted quick retaliation from Canada and Mexico and a promise from t...

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Ethiopia Will 'Fully Accept' 2000 Peace Agreement with Eritrea

But a shortage of foreign currency is seen as threatening that economic growth, which dropped to 8.5 percent this year from 10.9 percent in 2017...

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Salad days are over ... now Heinz labels it Sandwich Cream

A Heinz spokesman told trade journal The Grocer: "The name no longer fairly represents the product's ingredients or usage occasions". News...

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Lord & Taylor is closing its famous Fifth Avenue store

The closures will occur through 2019, the company said Tuesday. The Lord & Taylor flagship was supposed to shrink to 150,000 square feet next ...

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Conservative Billionaire David Koch Steps Down From Political, Business Roles

Charles Koch , who will stay on as chairman and chief executive of Koch Industries, said his brother was "instrumental" in growing the busin...

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Video shows rats crawling through bags of Burger King buns

Their report says inspectors found rodent droppings in and outside the hamburger and chicken rolls. "Mouse droppings were observed on the floor ...

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ZTE reportedly signs preliminary deal to lift United States technology ban

Here we are, though. China-based ZTE has reportedly signed an agreement in principle that would lift a U.S. Commerce Department ban on the c...

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ZTE Signs Preliminary Agreement With Commerce Department To Lift US Ban

China's second largest telecom equipment maker (after Huawei) has reportedly signed an agreement that would lift the U.S. Commerce Department's...

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Trump prefers separate NAFTA negotiations with Canada and Mexico: Kudlow

The tariffs are meant to negatively affect areas of the country that supported President Donald Trump in 2016. Kudlow said Tuesday on Fo...

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Reserve Bank of India hikes key interest rate to 6.25%

The Reserve Bank of India (RBI) on Wednesday hiked the repo rate by 25 basis points to 6.25 per cent. The six-member committee voted unanimo...

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Protests in Nicaragua Turn Deadly After Security Forces Fire on Demonstrators

Gunmen firing into crowds sent thousands of demonstrators running for cover at the marches, which were led by mothers of victims who died in rec...

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The Internet Wants to Solve IHOP's Upcoming Name Change to IHOb

The pancake chain, in a tweet Monday morning, suggested that it would change its name from "IHOP" to "IHOb" starting June 11. Both the name and ...

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Massive Breaches: 92 Million Users’ Details Leaked by DNA Testing Site

The company said there isn't any evidence that the data was ever improperly used. "Since Oct. 26, 2017 (the date of the breach) and the present ...

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Elon Musk to remain Tesla chairman after shareholder vote

That had represented the strongest challenge yet to Musk's grip on the Silicon Valley electric vehicle maker, which also faces production setbac...

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Google drops Pentagon AI contract over protest petition

According to several internal emails obtained by reporter Kate Conger, Google officials were optimistic that working on Project Maven could o...

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Trump wants separate trade deals with Canada, Mexico, says adviser Kudlow

Last week, the Trump administration hit Canada and Mexico with steel and aluminum tariffs, the product of a national security-related investigat...

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USA asks OPEC producers to pump more oil, no specific figure

Benchmark Brent oil futures dropped as much as 2 per cent to US$73.81 a barrel in London trading after the USA request was reported . The U.S...

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Billionaire Republican David Koch to Retire from Business AND Political Orgs

The administration of U.S. President Donald Trump last week ended the exemptions to the steel tariffs for Mexico, Canada and the European Uni...

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Murdoch bid for Sky to go ahead with sale of Sky News

However, US media giant Comcast waded into the bidding in February with a £22bn offer for Sky, trumping Fox's offer, which valued the broadcaste...

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American Airlines flight makes emergency landing due to severe storm

Flight 1897 left San Antonio but got caught in severe weather over New Mexico. He said he boarded a different plane and should arrive in Phoe...

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Koch brothers launch aggressive campaign against Trump trade moves

The timing of the tariff proposals puts it immediately following Trump's June 12 meeting with North Korean leader Kim Jong-un. Former Reagan...

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