Markets
US Market Indexes Continue Gains, Dow Closes at New High
- September 23, 2018
After 164 sessions without a record close, the Dow Jones Industrial Average on Thursday closed at a record high of 26,656.98, eclipsing its previous record set on January 26. The technology sector .SPLRCT edged 0.1 percent lower , pulled down by a 1.3 percent decline in Microsoft. "Pair that with a dollar that has started to depreciate a little bit and that's good news for USA companies that trade overseas". (more...)
- September 23, 2018
After 164 sessions without a record close, the Dow Jones Industrial Average on Thursday closed at a record high of 26,656.98, eclipsing its previous record set on January 26. The technology sector .SPLRCT edged 0.1 percent lower , pulled down by a 1.3 percent decline in Microsoft. "Pair that with a dollar that has started to depreciate a little bit and that's good news for USA companies that trade overseas". (more...)
Expensive pair of taped sneakers slammed for glorifying poverty
- September 23, 2018
The brand chose to display these shoes on an American retail chain Nordstrom and let us warn you the shoe may look cheap but in reality these pairs are being sold for $530 which is a whopping Rs. Nordstrom responded to critics on Twitter . Bleacher Report writer Joon Lee tweeted "We've already got a problem if any clothing description says 'crumply, hold-it-all tape details a sneaker". (more...)
- September 23, 2018
The brand chose to display these shoes on an American retail chain Nordstrom and let us warn you the shoe may look cheap but in reality these pairs are being sold for $530 which is a whopping Rs. Nordstrom responded to critics on Twitter . Bleacher Report writer Joon Lee tweeted "We've already got a problem if any clothing description says 'crumply, hold-it-all tape details a sneaker". (more...)
Battle for Sky TV to be decided by one-day auction
- September 23, 2018
The decision by the U.K. Takeover Panel to opt for an auction - which can run a maximum of three rounds and ends Saturday - means the 21-month fight over Sky that included many global media and entertainment heavyweights and a series of ever-higher bids this year from Fox and Comcast will come down to a final bidding war this weekend. (more...)
- September 23, 2018
The decision by the U.K. Takeover Panel to opt for an auction - which can run a maximum of three rounds and ends Saturday - means the 21-month fight over Sky that included many global media and entertainment heavyweights and a series of ever-higher bids this year from Fox and Comcast will come down to a final bidding war this weekend. (more...)
Oil prices ease as trade row clouds demand outlook
- September 21, 2018
Brent crude oil was up 70 cents a barrel at $78.79 by 1345 GMT. U.S. West Texas Intermediate ( WTI ) futures rose 28 cents to $69.27 a barrel after posting a drop of 20 cents earlier in the trading session. A committee of OPEC members and other producers is to meet on September 23 in Algiers to review compliance with their output targets. Elsewhere, Russia's energy minister, Alexander Novak , said on Monday that the country was ready to discuss cooperation with the United States to ... (more...)
- September 21, 2018
Brent crude oil was up 70 cents a barrel at $78.79 by 1345 GMT. U.S. West Texas Intermediate ( WTI ) futures rose 28 cents to $69.27 a barrel after posting a drop of 20 cents earlier in the trading session. A committee of OPEC members and other producers is to meet on September 23 in Algiers to review compliance with their output targets. Elsewhere, Russia's energy minister, Alexander Novak , said on Monday that the country was ready to discuss cooperation with the United States to ... (more...)
Amazon May Open 3,000 Stores in Next Three Years
- September 20, 2018
The company unveiled its first cashierless store near its headquarters in Seattle in 2016 and has since announced two additional sites in Seattle and one in Chicago. Amazon has committed to opening stores in NY and San Francisco. Maybe "popping down to the Go for a quick bite" won't sound so odd by 2021. Speculation of a widespread rollout of Amazon Go isn't the first time the company has been rumored to have plotted a massive expansion into brick-and-mortar stores. (more...)
- September 20, 2018
The company unveiled its first cashierless store near its headquarters in Seattle in 2016 and has since announced two additional sites in Seattle and one in Chicago. Amazon has committed to opening stores in NY and San Francisco. Maybe "popping down to the Go for a quick bite" won't sound so odd by 2021. Speculation of a widespread rollout of Amazon Go isn't the first time the company has been rumored to have plotted a massive expansion into brick-and-mortar stores. (more...)
Amazon launches section dedicated to small business
- September 20, 2018
Amazon has given customers who are anxious about the e-commerce behemoth killing small businesses a way to shop on the site while feeling less guilty. "We're championing their success with this new store". Instead of navigating thousands of online sellers, Amazon wants customers to interact with small businesses and have an intimate, mom-and-pop-shop experience through the online platform. (more...)
- September 20, 2018
Amazon has given customers who are anxious about the e-commerce behemoth killing small businesses a way to shop on the site while feeling less guilty. "We're championing their success with this new store". Instead of navigating thousands of online sellers, Amazon wants customers to interact with small businesses and have an intimate, mom-and-pop-shop experience through the online platform. (more...)
Amazon investigates claims employees bought buyer information
- September 20, 2018
Typically, these interactions have been facilitated by intermediaries that seek out Amazon employees who are willing to offer such services. Sales information that sellers can pay for includes insight into buyer habits as well as keywords used in product searches. (more...)
- September 20, 2018
Typically, these interactions have been facilitated by intermediaries that seek out Amazon employees who are willing to offer such services. Sales information that sellers can pay for includes insight into buyer habits as well as keywords used in product searches. (more...)
Audi E-Tron, an all-electric first SUV revealed
- September 20, 2018
Last year, Tesla sold 94 percent of the luxury electric vehicles in the US, according to LMC Automotive. Audi has teamed up with Amazon Home Services to sell home chargers for $1,000 to customers in addition to scheduling an electrician to install the charger. (more...)
- September 20, 2018
Last year, Tesla sold 94 percent of the luxury electric vehicles in the US, according to LMC Automotive. Audi has teamed up with Amazon Home Services to sell home chargers for $1,000 to customers in addition to scheduling an electrician to install the charger. (more...)
Air scare: Passenger onboard Jet Airways flight narrates the entire ordeal
- September 20, 2018
As the Jet Airways Mumbai-Jaipur flight climbed, oxygen masks deployed from overhead compartments and the crew announced that the flight would return to Mumbai due to loss of cabin pressure. Passengers on a Jet Airways flight travelling from Mumbai to Jaipur today morning had a traumatic experience due to the irresponsibility of the crew. (more...)
- September 20, 2018
As the Jet Airways Mumbai-Jaipur flight climbed, oxygen masks deployed from overhead compartments and the crew announced that the flight would return to Mumbai due to loss of cabin pressure. Passengers on a Jet Airways flight travelling from Mumbai to Jaipur today morning had a traumatic experience due to the irresponsibility of the crew. (more...)
Alibaba’s Jack Ma says US-China tariff war could last 2 decades
- September 20, 2018
Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the United States had been scuppered by the trade row between Beijing and Washington, Chinese state news reported on Thursday (Sept 20). Alibaba Group co-founder and executive chairman Jack Ma attends the WAIC (World Artificial Intelligence Conference) in Shanghai, China, September 17, 2018. (more...)
- September 20, 2018
Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the United States had been scuppered by the trade row between Beijing and Washington, Chinese state news reported on Thursday (Sept 20). Alibaba Group co-founder and executive chairman Jack Ma attends the WAIC (World Artificial Intelligence Conference) in Shanghai, China, September 17, 2018. (more...)
Cathay Pacific spells its own name wrong on side of plane
- September 20, 2018
In an industry where small mistakes can lead to big problems, Cathay's social media team posted the mistake on line, saying: "Oops this special livery won't last long!" An engineer for Haeco, the airline's sister company, told the South China Morning Post he was little suss about how it happened. (more...)
- September 20, 2018
In an industry where small mistakes can lead to big problems, Cathay's social media team posted the mistake on line, saying: "Oops this special livery won't last long!" An engineer for Haeco, the airline's sister company, told the South China Morning Post he was little suss about how it happened. (more...)
Aurora Cannabis says there is no beverage deal to announce
- September 20, 2018
News broke yesterday that Aurora, one of the leading names in Canada's fledgling cannabis sector, has been in talks with Coca-Cola on the development of cannabis-infused beverages, a revelation that caused Aurora's stock to jump over 16 per cent in Monday's trading. (more...)
- September 20, 2018
News broke yesterday that Aurora, one of the leading names in Canada's fledgling cannabis sector, has been in talks with Coca-Cola on the development of cannabis-infused beverages, a revelation that caused Aurora's stock to jump over 16 per cent in Monday's trading. (more...)
Musk faces inquiry into tweets about taking Tesla private
- September 19, 2018
The criminal inquiry is still in its early stages, one of the sources was quoted as saying, and there's no guarantee that charges will be brought. They might also scrutinize Tesla's accounting practices and whether investors were misinformed about the health of the business, according to media reports . (more...)
- September 19, 2018
The criminal inquiry is still in its early stages, one of the sources was quoted as saying, and there's no guarantee that charges will be brought. They might also scrutinize Tesla's accounting practices and whether investors were misinformed about the health of the business, according to media reports . (more...)
US McDonald's staff walk out over sexual harassment
- September 19, 2018
Louis, Missouri; Los Angeles and San Francisco; Miami and Orlando, Florida; Milwaukee; and New Orleans . "It made me feel uncomfortable, embarrassed and afraid at work", she stated. In May, the Fight for $15 campaign and the Time's Up Legal Defense Fund teamed up to help 10 women from cities across America - one of whom is just 15 years old - lodge complaints against the fast-food giant with the Equal Employment Opportunity Commission. (more...)
- September 19, 2018
Louis, Missouri; Los Angeles and San Francisco; Miami and Orlando, Florida; Milwaukee; and New Orleans . "It made me feel uncomfortable, embarrassed and afraid at work", she stated. In May, the Fight for $15 campaign and the Time's Up Legal Defense Fund teamed up to help 10 women from cities across America - one of whom is just 15 years old - lodge complaints against the fast-food giant with the Equal Employment Opportunity Commission. (more...)
China hits back at latest USA tariffs with measures worth $60bn
- September 19, 2018
The new round of tariffs will take effect on September 24 at a 10 percent level and rise to 25 percent on January 1, 2019. The increases are in response to the USA announcing it will impose tariffs on $ 200 billion worth of Chinese-made goods starting next week. (more...)
- September 19, 2018
The new round of tariffs will take effect on September 24 at a 10 percent level and rise to 25 percent on January 1, 2019. The increases are in response to the USA announcing it will impose tariffs on $ 200 billion worth of Chinese-made goods starting next week. (more...)
United Kingdom needs second plan in case 'Chequers' fails: Brexit committee head
- September 19, 2018
The Times reported that Mr Barnier was preparing to insist that any political declaration agreed with Mrs May on the future relationship can not easily be unpicked by her successor. I note Theresa May's commitment last December as she confirmed in March to find a solution. What we are talking about here is not a border - not a land border, not a sea border. (more...)
- September 19, 2018
The Times reported that Mr Barnier was preparing to insist that any political declaration agreed with Mrs May on the future relationship can not easily be unpicked by her successor. I note Theresa May's commitment last December as she confirmed in March to find a solution. What we are talking about here is not a border - not a land border, not a sea border. (more...)
Celebrate National Cheeseburger Day with free or discounted burgers, and nothing else
- September 18, 2018
The Burger Theory locations are giving away 10,000 classic cheeseburgers and no additional purchase is required. You must download the Wendy's app to redeem the digital coupon for this deal, which you'll find under "offers". PLUS - anyone who download the new Wayback App will be rewarded with a Free Classic Burger after their first in-app purchase. One offer per customer per day. (more...)
- September 18, 2018
The Burger Theory locations are giving away 10,000 classic cheeseburgers and no additional purchase is required. You must download the Wendy's app to redeem the digital coupon for this deal, which you'll find under "offers". PLUS - anyone who download the new Wayback App will be rewarded with a Free Classic Burger after their first in-app purchase. One offer per customer per day. (more...)
Saudi's PIF invests more than $1 billion in Lucid Motors
- September 18, 2018
The money is critical for Lucid Motors as their electric vehicle plans are already behind schedule. The Financial Times newspaper previously reported that the Saudi sovereign wealth fund, known by the acronym PIF, had secured a near 5-per cent stake in Tesla recently. (more...)
- September 18, 2018
The money is critical for Lucid Motors as their electric vehicle plans are already behind schedule. The Financial Times newspaper previously reported that the Saudi sovereign wealth fund, known by the acronym PIF, had secured a near 5-per cent stake in Tesla recently. (more...)
Trump hits China with tariffs on another $200b in goods
- September 18, 2018
China said Tuesday it will take "counter-measures" to U.S. President Donald Trump's decision to raise tariffs on $200 billion of Chinese imports and an American business group warned a "downward spiral" in their trade battle appears certain. (more...)
- September 18, 2018
China said Tuesday it will take "counter-measures" to U.S. President Donald Trump's decision to raise tariffs on $200 billion of Chinese imports and an American business group warned a "downward spiral" in their trade battle appears certain. (more...)
USA impose new $200bn tariffs on China imports
- September 18, 2018
Why is the U.S. doing this? President Trump announces tariffs on another $200 billion of Chinese goods. That rate more than doubles to 25 percent on January 1, 2019. The administration since July has already slapped 25 percent tariffs on $50 billion of Chinese goods, sparking immediate in-kind retaliation. "We have always maintained that the only correct means to resolve the trade dispute is through dialogue and consultation on an equal basis with mutual trust and respect". (more...)
- September 18, 2018
Why is the U.S. doing this? President Trump announces tariffs on another $200 billion of Chinese goods. That rate more than doubles to 25 percent on January 1, 2019. The administration since July has already slapped 25 percent tariffs on $50 billion of Chinese goods, sparking immediate in-kind retaliation. "We have always maintained that the only correct means to resolve the trade dispute is through dialogue and consultation on an equal basis with mutual trust and respect". (more...)
Latest news
China's September trade surplus with U.S. widens to record $34.13B