US finalizes next China tariff list targeting $16 billion in imports

The action is the latest by U.S. President Donald Trump to put pressure on China to negotiate trade concessions after imposing tariffs on $34 billion in goods last month. USTR is conducting a public comment period for those tariffs, which could rea... More..

by | Published more than a month ago
Google in talks with Tencent, others for cloud services launch in China
by | Wednesday, August 08, 2018

Google in talks with Tencent, others for cloud services launch in China

A Google sign is seen during the China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai, China August 3, 2018. However, it's unclear whether or not Google will go through with the plans, largely...More..

Tesla board confirms it will consider Musk's privatization plan
by | Wednesday, August 08, 2018

Tesla board confirms it will consider Musk's privatization plan

Tesla's shares were down 2.1 percent at $371.70 on Wednesday after closing up 11 percent on Tuesday. Tesla's board has confirmed that it will consider the proposal by chief executive Elon Musk to take it p...More..

Support for May’s handling of Brexit falls to record low
by | Wednesday, August 08, 2018

Support for May’s handling of Brexit falls to record low

A "no-deal" Brexit poses a serious and substantial risk to public safety, with police officers at risk of losing vital access to information and powers, Britain's home secretary was told in a leaked letter ...More..

Papa John’s blames founder scandal for sharp decline in sales
by | Wednesday, August 08, 2018

Papa John’s blames founder scandal for sharp decline in sales

The pizza chain has struggled in recent quarters amid tough competition from rivals Pizza Hut and tech-savvy Domino's. Papa John's International, Inc.'s same-store sales continued their slide in the second qu...More..

Venezuela's Maduro Says Opposition Politicians To Blame For Assassination Attempt
by | Wednesday, August 08, 2018

Venezuela's Maduro Says Opposition Politicians To Blame For Assassination Attempt

Maduro said authorities have arrested some of those responsible for the incident. Borges did not immediately comment on Maduro's accusation. Security personnel surround Venezuela's President Nicolas Maduro...More..

Walmart employee gives disabled customer a manicure after salon denied her
by | Wednesday, August 08, 2018

Walmart employee gives disabled customer a manicure after salon denied her

ABC 12 reported that Ebony approached Angela; the duo picked out some nail polish together, and sat down at a table at a Subway restaurant inside the store for a manicure. It was a simple act of patience and k...More..

FCC claims of DDoS net neutrality attack were 'bogus'
by | Wednesday, August 08, 2018

FCC claims of DDoS net neutrality attack were 'bogus'

I'm also disappointed that some working under the former CIO apparently either disagreed with the information that he was presenting or had questions about it, yet didn't feel comfortable communicating their co...More..

Snapchat revenue soars despite losing users for the first time
by | Wednesday, August 08, 2018

Snapchat revenue soars despite losing users for the first time

It also recorded a narrower loss per share than analysts expected. Despite this miss, the stock is now rallying in after-hours trading. Snap generated some $262.26 million in revenue during the quarter endi...More..

Britain likely to leave European Union without deal - minister
by | Wednesday, August 08, 2018

Britain likely to leave European Union without deal - minister

Trade Secretary Liam Fox told the Sunday Times newspaper that "intransigence" by European Union officials "is pushing us towards no deal". Mark Carney says Britain faces an "uncomfortably high" risk of le...More..

Elon Musk just tweeted he's considering taking Tesla private
by | Wednesday, August 08, 2018

Elon Musk just tweeted he's considering taking Tesla private

Tesla shares, which were already rising on news of the Gulf investor, spiked in response. Forward-looking: Taking Tesla private could solve a lot of headaches for Musk but it wouldn't be cheap. Musk ar...More..

Oil rises ahead of renewed United States sanctions against Iran
by | Wednesday, August 08, 2018

Oil rises ahead of renewed United States sanctions against Iran

Many countries, including USA allies in Europe as well as China and India oppose the introduction of new sanctions, but the United States government said it wants as many countries as possible to stop buying ...More..

Fetus discovered on plane from Charlotte to NY
by | Tuesday, August 07, 2018

Fetus discovered on plane from Charlotte to NY

After the aircraft - an Airbus A321 - remained on the ground overnight, a cleaning crew came on board ahead of the plane's planned Tuesday departure. Sources told NBC New York that the fetus appears to have b...More..

Elon Musk considering taking Tesla private
by | Tuesday, August 07, 2018

Elon Musk considering taking Tesla private

The company is now valued at just over $60 billion, with Musk holding an nearly 20 percent stake in the company. The stock had been worth about $342 a share before Musk's tweet. "Plus this is short squeeze rock...More..

United Kingdom house prices rising faster than wage increases, Halifax says
by | Tuesday, August 07, 2018

United Kingdom house prices rising faster than wage increases, Halifax says

Russell Galley, managing director of Halifax, said: "Pressures on household finances are also easing as growth in average earnings continues to rise at a faster rate than consumer prices". United Kingdom home s...More..

Ontario to offer incentives to brewers in buck-a-beer plan
by | Tuesday, August 07, 2018

Ontario to offer incentives to brewers in buck-a-beer plan

Brewers are not required to charge the lower rate and few in the province sell at the current minimum. Breweries have the option to lower the price of beer. That will be in place by the Labour Day weekend, sa...More..

India's Uber to enter United Kingdom ride-hailing market
by | Tuesday, August 07, 2018

India's Uber to enter United Kingdom ride-hailing market

Aside from Uber, Ola will be up against the rival ride-hailing app Gett, and the London-focused firms MyTaxi, Kabbee and Addison Lee. It plans to start business in South Wales and Greater Manchester. Ola states...More..

Nutella Dream Job Requires Zero Experience
by | Tuesday, August 07, 2018

Nutella Dream Job Requires Zero Experience

The chocolate-hazelnut spread that boasts 100 calories per spoonful has inspired supermarket riots, ruined an athlete's career, even caused some temporary parental insanity. No experience is required for the po...More..

Donald Trump says tariffs 'working big time'
by | Monday, August 06, 2018

Donald Trump says tariffs 'working big time'

China is trying to seek an "equal" position in future talks with the U.S. with today's retaliation announcement, said Gai Xinzhe, analyst at the Bank of China's Institute of International Finance in Beijing. C...More..

Facebook might add your banking info to Messenger
by | Monday, August 06, 2018

Facebook might add your banking info to Messenger

According to the report , Facebook has asked banks "to discuss potential offerings it could host for bank customers on Facebook Messenger", as well as offer a feature to display checking account balances. "Acco...More..

NASCAR CEO Brian France arrested for DWI and drug possession
by | Monday, August 06, 2018

NASCAR CEO Brian France arrested for DWI and drug possession

First, here's the public story, as told by the Sag Harbor Village Police Department statement obtained by ESPN . The 56-year-old France was stopped in Sag Harbor, N.Y., after blowing a stop sign, then failed...More..

Plane crashes in California parking lot, killing all five passengers
by | Monday, August 06, 2018

Plane crashes in California parking lot, killing all five passengers

The plane took off from Buchanan Field in Concord just hours before. Five people died after an airplane crashed at a CVS parking lot in Orange County Sunday, the Orange County Fire Authority said. It was not ...More..

PepsiCo's Indra Nooyi To Step Down As CEO After 12 Years
by | Monday, August 06, 2018

PepsiCo's Indra Nooyi To Step Down As CEO After 12 Years

Ramon Laguarta, the future CEO, has spent 22 years at the company, and served as the President of PepsiCo. Earlier this year, Indra Nooyi was named the first independent female director of the International C...More..

by | Monday, August 06, 2018

From natural gas to chicken breasts - China commodity tariffs

Markets will be closely watching the data on two-way trade between the world's two biggest economies, as well as China's trade surplus with the United States, a sore point in the trade relationship. In Twitte...More..

China frustrates U.S. efforts to end Iran's oil exports
by | Monday, August 06, 2018

China frustrates U.S. efforts to end Iran's oil exports

According to Bloomberg news agency , which cited two officials familiar with the negotiations, Beijing , however, agreed not to increase purchases of Iran's crude. An order made by the United States to reduc...More..

RBS to pay first dividend since financial crisis
by | Monday, August 06, 2018

RBS to pay first dividend since financial crisis

The lender remains majority-owned by the British government after the lender was saved with £45.5 billion of taxpayers' cash at the height of the global financial crisis. Chief executive Ross McEwan praised...More..

US TRADE Deficit widens by $46.3B in June
by | Monday, August 06, 2018

US TRADE Deficit widens by $46.3B in June

In volume terms, exports rose 2.1 per cent and imports were down 1.3 per cent. The June deficit was a happy surprise for economists, who had expected that the trade gap would remain above $2-billion, where it...More..

Whatsapp to start charging business users - are you affected?
by | Sunday, August 05, 2018

Whatsapp to start charging business users - are you affected?

The main aim of the app is to reach all the potential customers at scale. In a report from The Wall Street Journal (via 9to5Mac ), it seems that one of the ways Facebook will monetize WhatsApp will be ...More..

Oil supported as new hedges placed, but higher supplies weigh
by | Sunday, August 05, 2018

Oil supported as new hedges placed, but higher supplies weigh

Crude prices remained supported by the prospect of an Iranian supply squeeze following the imposition of U.S. oil sanctions, with yesterday's rally stymied by short-term bearish supply factors that continue to ...More..

Services sector back in the slow lane
by | Sunday, August 05, 2018

Services sector back in the slow lane

Intense supply chain pressures continued in July, as highlighted by the greatest lengthening of lead-times from vendors since the survey began in October 2010. The report comes in the week of the BoE's August m...More..