Micron Rallies as It Says Injunction in China Won't Affect Its Quarter

This time, though, it's in court for a different reason: It has accused United States rival Micron of infringing its patents on memory technology, and has been granted an early win in the form of a temporary injunction against the company. " UMC is p... More..

by | Published 10 days ago
PBOC Governor Yi: Need to keep Yuan stable at reasonable, equilibrium level
by | Thursday, July 05, 2018

PBOC Governor Yi: Need to keep Yuan stable at reasonable, equilibrium level

The dollar fell 0.2 percent against a basket of six major currencies at 94.505 ahead of the U.S. Independence Day holiday, after notching up three consecutive months of gains. Beijing has said it would retalia...More..

California passes consumer protection, online privacy law
by | Thursday, July 05, 2018

California passes consumer protection, online privacy law

AB375 goes into effect starting January 1, 2020 , giving companies adequate time for planning and making necessary changes, while the legislature could possibly make some alterations as well. Enforcement of t...More..

Joey Chestnut Breaks World Record at Nathan's Hot Dog Eating Contest
by | Thursday, July 05, 2018

Joey Chestnut Breaks World Record at Nathan's Hot Dog Eating Contest

Joey "Jaws" Chestnut reigned supreme at Nathan's Famous Hot Dog Eating Contest , winning for the 11th time . Chowdown champions will face off Wednesday at Nathan's Famous July Fourth hot dog eating contest...More..

by | Thursday, July 05, 2018

Teen Attacked in Texas Restaurant for Wearing 'MAGA' Hat

Real tough guy. approaches a group of teenagers minding their own business just having a burger! The video has since been re-posted in other locations. According to the television station, which spoke exclus...More..

RCMP move pipeline protesters hanging from Vancouver bridge
by | Thursday, July 05, 2018

RCMP move pipeline protesters hanging from Vancouver bridge

Five climbers remain on the bridge's catwalk, reinforcing the blockade, Greenpeace says. North Vancouver RCMP confirmed officers are in the process of "apprehending and removing" the activists dangling belo...More..

Iran tells Trump: stop tweeting, it's driving up oil prices
by | Thursday, July 05, 2018

Iran tells Trump: stop tweeting, it's driving up oil prices

This must be a two way street. Investors had questions as "to whether Saudi Arabia and Russian Federation could or would really be able to ramp production quickly enough", said Rob Haworth, who helps oversee ...More..

Volvo launches M, its own mobility company
by | Thursday, July 05, 2018

Volvo launches M, its own mobility company

Sunfleet , which makes 500,000 annual transactions, will be fully integrated into Volvo M by 2019, which means the Volvo M service will be available to all existing Sunfleet members. "We aim to provide a re...More..

Iran Aims to Keep Oil Exports Flowing Despite US Sanctions
by | Thursday, July 05, 2018

Iran Aims to Keep Oil Exports Flowing Despite US Sanctions

Iran Oil Minister Bijan Namdar Zanganeh said any production increase above limits agreed to by OPEC would "breach" the deal, according to a letter he sent to OPEC President Suhail Al Mazrouei. The median ...More..

by | Thursday, July 05, 2018

Baidu set to launch autonomous buses in China and Japan

The first 100 of Baidu's " Level 4 " self driving buses have rolled off the production lines, said Robin Li, chief executive of China's largest search engine operator on Wednesday. Official policies encourage...More..

US to block China Mobiles entry into telecom biz over security concerns
by | Thursday, July 05, 2018

US to block China Mobiles entry into telecom biz over security concerns

July 3 ( Reuters ) - The U.S. government moved on Monday to block China Mobile from offering services to the U.S. telecommunications market, recommending its application be rejected because the government-own...More..

MSP for paddy hiked by Rs. 200
by | Thursday, July 05, 2018

MSP for paddy hiked by Rs. 200

The Centre is set to radically increase the minimum support price ( MSP ) for Kharif crops as a move to fulfill its budget promise and address farmers' concerns about the cost of crops. But there's catch: t...More..

Chestnut, Sudo defend hot dog eating titles
by | Thursday, July 05, 2018

Chestnut, Sudo defend hot dog eating titles

The women's contest officially begins at 11 a.m. EDT, and the men's event will follow it up at 12:30 p.m. He borrowed 300 dollars from his friends Jimmy Durante and Eddie Cantor so he could open a hot dog shop....More..

China warns its citizens: Travel to US carries high-cost risks
by | Thursday, July 05, 2018

China warns its citizens: Travel to US carries high-cost risks

As the world's most powerful economy, the United States plays a vital role in global economic and trade rule-setting and it is always able to find seemingly plausible reasons for its initiative targeting Chin...More..

European Union warns USA of boomerang effect if Trump imposes auto levies
by | Thursday, July 05, 2018

European Union warns USA of boomerang effect if Trump imposes auto levies

The commission said "up to $294 billion of USA exports. could be subject to countermeasures across sectors of the United States economy", which was equivalent to a staggering 19 percent of total U.S. The comp...More..

Barnes & Noble fires CEO Demos Parneros for policy violations
by | Thursday, July 05, 2018

Barnes & Noble fires CEO Demos Parneros for policy violations

The company did not announce a reason for the firing. It said only that the CEO was not let go because of any disagreement about "financial reporting, policies or practices or any potential fraud relating there...More..

ZTE given temporary reprieve from US; removes more execs
by | Wednesday, July 04, 2018

ZTE given temporary reprieve from US; removes more execs

The new authorization from the Commerce Department will go from July 2 to August 1, according to a document obtained by Bloomberg . The company told the outlet that it will be in compliance with US demands by ...More..

Services growth improves to boost jobs, wages - PMI
by | Wednesday, July 04, 2018

Services growth improves to boost jobs, wages - PMI

The ONS had earlier said growth was only 0.1 per cent in the first quarter before revising the numbers. IHS chief business economist Chris Williamson said the reading added to signs that the economy rebounded...More..

‘Coinbase Custody’ Targeting Institutional Investors Now 'Officially Open for Business'
by | Wednesday, July 04, 2018

‘Coinbase Custody’ Targeting Institutional Investors Now 'Officially Open for Business'

Coinbase first revealed its plans for its 'Coinbase Custody' venture in late 2017, saying at the time that it was seeking to address what it considers to be the "number one" concern of institutional investors...More..

Tory cries of ‘blackmail’ as Rees-Mogg ‘threatens’ May over Brexit
by | Wednesday, July 04, 2018

Tory cries of ‘blackmail’ as Rees-Mogg ‘threatens’ May over Brexit

And he played down speculation that pro-Brexit ministers such as foreign secretary Boris Johnson could quit if there was perceived to be backsliding over the break from Brussels. Tory MP Andrea Jenkyns, who q...More..

HNA chairman Wang died falling off wall in France, says police source
by | Wednesday, July 04, 2018

HNA chairman Wang died falling off wall in France, says police source

Wang Jian, 57, "accidentally fell" in Provence, while on a business trip to France, a company statement said. He had been traveling in Provence. Wang graduated from the Civil Aviation University of China an...More..

by | Wednesday, July 04, 2018

Ryanair pilots will go on strike as flights could face massive disruption

Some 120 union members, a lot of them captains, are directly employed by Ryanair and able to strike, a spokesman for the union said. Ms Nee said that European legislation does cover "exceptional circumstances...More..

Trump's Fart Bill Would Foul up International Trade, Critics Say
by | Wednesday, July 04, 2018

Trump's Fart Bill Would Foul up International Trade, Critics Say

His comments came after the Axios news website reported that Trump's administration has drafted proposed legislation that would allow Trump to raise tariffs at will and negotiate special tariff rates with spe...More..

Hyundai claims FCA buyout rumor is ‘totally groundless’
by | Wednesday, July 04, 2018

Hyundai claims FCA buyout rumor is ‘totally groundless’

The South Korean automaker allegedly wants to begin the takeover before Sergio Marchionne steps down from leading FCA next year. Despite previous talks of a tie-up with Hyundai past year that was dismissed by...More..

Netflix may soon charge you even more for 4K and HDR
by | Wednesday, July 04, 2018

Netflix may soon charge you even more for 4K and HDR

Would you upgrade to the Ultra tier of it became an option (and the only option with four simultaneous streams)? Ultra would be priced at €16.99 in Italy. In April, it was valued at a whopping $170 billion by...More..

Trump says Saudis agreed to up oil output
by | Wednesday, July 04, 2018

Trump says Saudis agreed to up oil output

Outside North America, oil prices have been rallying for most of 2018 due to record demand and voluntary supply cuts led by the Middle East dominated producer cartel of the Organization of the Petroleum Expor...More..

by | Wednesday, July 04, 2018

Trump administration seeks to drop Iran's oil revenue to nothing

US officials are pressing allies in Europe, Asia and the Middle East to adhere to the sanctions once they are re-imposed, with the aim of pressuring Iran into negotiating a new agreement. Meanwhile, Libyan supp...More..

Largest U.S. business group attacks Trump on tariffs
by | Wednesday, July 04, 2018

Largest U.S. business group attacks Trump on tariffs

Such a war could cost jobs, Bracken said. The U.S. Chamber of Commerce is launching a campaign Monday hitting President Trump's tariff policies, according to a report. He has also stepped up attacks on the ...More..

German Chancellor Merkel says compromise on migration reached with CSU
by | Wednesday, July 04, 2018

German Chancellor Merkel says compromise on migration reached with CSU

Merkel rejected such unilateral German measures and pledged to reach bilateral deals instead with other European Union states. She said she would wait to see what the leadership of the two parties decides...More..

What Mexico's new leader really thinks about Donald Trump
by | Tuesday, July 03, 2018

What Mexico's new leader really thinks about Donald Trump

He will face a laundry list of challenges, including a lackluster economy and a thorny relationship with the United States under President Donald Trump , whose anti-trade, anti-immigration policies have tu...More..