Markets
MEPs urge Amazon's Bezos to drop Soviet-themed goods
- November 18, 2018
Last Thursday, days before Amazon officially announced its pick for its $50 billion second headquarters, or "Amazon HQ2", CEO Jeff Bezos warned his employees that, despite Amazon's seemingly unstoppable growth at the moment, one day the almost $1 trillion retail empire could fall apart-just like Sears . (more...)
- November 18, 2018
Last Thursday, days before Amazon officially announced its pick for its $50 billion second headquarters, or "Amazon HQ2", CEO Jeff Bezos warned his employees that, despite Amazon's seemingly unstoppable growth at the moment, one day the almost $1 trillion retail empire could fall apart-just like Sears . (more...)
Lion Air victim's family files suit against Boeing
- November 18, 2018
This news comes after the Wall Street Journal reported on Tuesday that Boeing withheld information about the potential dangers related to the new flight-control feature. "How this happened is definitely something which has to be resolved", said Tajer, who pilots 737s himself. An FAA document on training requirements for 737 MAX pilots transitioning from the older 737NG, available online (https://bit.ly/2B8qhG5), has no reference to the new anti-stall system. (more...)
- November 18, 2018
This news comes after the Wall Street Journal reported on Tuesday that Boeing withheld information about the potential dangers related to the new flight-control feature. "How this happened is definitely something which has to be resolved", said Tajer, who pilots 737s himself. An FAA document on training requirements for 737 MAX pilots transitioning from the older 737NG, available online (https://bit.ly/2B8qhG5), has no reference to the new anti-stall system. (more...)
Video Exposes Unhygienic Cleaning Practices at Five-Star Hotels
- November 18, 2018
A one-night stay at any of these hotels costs at least 1,000 yuan ($144). By time of publication, apologies and promises to reform cleaning practices had been issued by 12 of the 14 hotels named in the video, including the Bulgari and Waldorf. (more...)
- November 18, 2018
A one-night stay at any of these hotels costs at least 1,000 yuan ($144). By time of publication, apologies and promises to reform cleaning practices had been issued by 12 of the 14 hotels named in the video, including the Bulgari and Waldorf. (more...)
1 dead, dozens injured in fuel tax protests around France
- November 17, 2018
Police officers lobbed tear gas canisters at demonstrators on the famed Champs-Elysees Avenue in Paris as groups tried to make their way to the presidential Elysee Palace. The "yellow-vest" movement called for people wearing high-visibility jackets to block motorway exits, fuel depots and roundabouts in hundreds of events planned across France. (more...)
- November 17, 2018
Police officers lobbed tear gas canisters at demonstrators on the famed Champs-Elysees Avenue in Paris as groups tried to make their way to the presidential Elysee Palace. The "yellow-vest" movement called for people wearing high-visibility jackets to block motorway exits, fuel depots and roundabouts in hundreds of events planned across France. (more...)
This ground turkey has been recalled after link to deadly salmonella outbreak
- November 17, 2018
And consumers with Jennie-O Ground Turkey 93% Lean, Taco Seasoned Ground Turkey, Ground Turkey 85% Lean and Italian Seasoned Ground Turkey in their freezers should toss them out or return them to the store for a full refund. Check the back of packages for date and production codes to help determine if you have the recalled turkey in your home. "15% FAT" with a "Use by" date of 10/02/2018. (more...)
- November 17, 2018
And consumers with Jennie-O Ground Turkey 93% Lean, Taco Seasoned Ground Turkey, Ground Turkey 85% Lean and Italian Seasoned Ground Turkey in their freezers should toss them out or return them to the store for a full refund. Check the back of packages for date and production codes to help determine if you have the recalled turkey in your home. "15% FAT" with a "Use by" date of 10/02/2018. (more...)
FDA proposes ban on menthol cigarettes, restrictions on flavored e-cigs
- November 16, 2018
The restriction would essentially prevent convenience stores and gas stations from selling such e-cigarettes. The US Food and Drug Administration wants people to cool it with the menthol cigarettes. The move comes more than two years after the FDA released its final proposed deeming rule extending its regulatory authority to all tobacco products, including electronic cigarettes, cigars, hookah tobacco and pipe tobacco on May 5, 2016. (more...)
- November 16, 2018
The restriction would essentially prevent convenience stores and gas stations from selling such e-cigarettes. The US Food and Drug Administration wants people to cool it with the menthol cigarettes. The move comes more than two years after the FDA released its final proposed deeming rule extending its regulatory authority to all tobacco products, including electronic cigarettes, cigars, hookah tobacco and pipe tobacco on May 5, 2016. (more...)
Flybe puts itself up for sale amid tough airline conditions
- November 16, 2018
Last month, the airline warned full-year losses would reach £22m due to a combination of falling consumer demand, a weaker pound and higher fuel costs. It represents a profit of £1.41 for each of the 5.2 million passengers flown. Half-year revenue fell to £409.2m from £419.2m. Airlines have been looking to consolidate in many markets as a result of rising running costs, largely higher fuel prices, and increased competition from budget carriers. (more...)
- November 16, 2018
Last month, the airline warned full-year losses would reach £22m due to a combination of falling consumer demand, a weaker pound and higher fuel costs. It represents a profit of £1.41 for each of the 5.2 million passengers flown. Half-year revenue fell to £409.2m from £419.2m. Airlines have been looking to consolidate in many markets as a result of rising running costs, largely higher fuel prices, and increased competition from budget carriers. (more...)
Democrat leads in last undecided House race
- November 16, 2018
Jordan could instead be given the ranking minority position on the House Oversight and Government Reform Committee, another likely investigatory hotbed in the new, Democratic-controlled House. Jordan, a founder of the conservative Freedom Caucus, is running for House minority leader in the new Congress against California Rep. Kevin McCarthy, the current majority leader and pick of the GOP establishment. (more...)
- November 16, 2018
Jordan could instead be given the ranking minority position on the House Oversight and Government Reform Committee, another likely investigatory hotbed in the new, Democratic-controlled House. Jordan, a founder of the conservative Freedom Caucus, is running for House minority leader in the new Congress against California Rep. Kevin McCarthy, the current majority leader and pick of the GOP establishment. (more...)
Barnier hails Brexit deal that avoids a hard Northern Irish border
- November 16, 2018
He denied being involved in a coup against the PM, saying he was "working through the procedures of the Conservative Party" which was "entirely constitutional". That could see tariffs on British exports, border che- cks and restrictions on travelers and workers - a toxic mix for businesses. Former Tory party leader William Hague warned Brexiteers that they could sabotage the whole process if they failed to back May's plan. (more...)
- November 16, 2018
He denied being involved in a coup against the PM, saying he was "working through the procedures of the Conservative Party" which was "entirely constitutional". That could see tariffs on British exports, border che- cks and restrictions on travelers and workers - a toxic mix for businesses. Former Tory party leader William Hague warned Brexiteers that they could sabotage the whole process if they failed to back May's plan. (more...)
$1.5 billion Mega Millions jackpot sold in SC still unclaimed
- November 15, 2018
The victor has 180 days from when the ticket was purchased to claim the prize. There is a 180-day deadline - until April 21 - to cash in the ticket. "Everyone's talking about it", he said. The victor can choose a lump-sum payment of $878 million, or $1.537 billion in taxed annual payments over 30 years. (more...)
- November 15, 2018
The victor has 180 days from when the ticket was purchased to claim the prize. There is a 180-day deadline - until April 21 - to cash in the ticket. "Everyone's talking about it", he said. The victor can choose a lump-sum payment of $878 million, or $1.537 billion in taxed annual payments over 30 years. (more...)
BAT's shares fall on possible ban in the US
- November 15, 2018
The Food and Drug Administration (FDA) is expected to make a landmark move against the tobacco industry this week by seeking a ban on the sale of menthol cigarettes and flavored e-cigarettes. The FDA may impose limits on the sale of many e-cigarette products in the U.S., a senior official told Bloomberg News last week. "While many menthol smokers would likely move over to non-menthol products, it would still be a major blow". (more...)
- November 15, 2018
The Food and Drug Administration (FDA) is expected to make a landmark move against the tobacco industry this week by seeking a ban on the sale of menthol cigarettes and flavored e-cigarettes. The FDA may impose limits on the sale of many e-cigarette products in the U.S., a senior official told Bloomberg News last week. "While many menthol smokers would likely move over to non-menthol products, it would still be a major blow". (more...)
Opec, partners discuss oil supply cut of up to 1.4 million bpd
- November 15, 2018
USA crude had declined for a record 12 consecutive sessions to the lowest since November 2017. The IEA left its forecast for global demand growth for 2018 and 2019 unchanged from last month at 1.3 million barrels per day (bpd) and 1.4 million bpd, respectively, but cut its forecast for non-OECD demand growth, the engine of expansion in world oil consumption. (more...)
- November 15, 2018
USA crude had declined for a record 12 consecutive sessions to the lowest since November 2017. The IEA left its forecast for global demand growth for 2018 and 2019 unchanged from last month at 1.3 million barrels per day (bpd) and 1.4 million bpd, respectively, but cut its forecast for non-OECD demand growth, the engine of expansion in world oil consumption. (more...)
Toyota Corolla sedan's new face teased, debuts this Thursday
- November 15, 2018
Earlier, Toyota has already introduced versions of the Corolla in bodies sedan and hatchback, which will replace the model of the Auris. The Corolla sedan is likely to strongly resemble the hatch model. The only mystery with the sedan's design will be the rear, which sadly has not been teased. 2020 Toyota Corolla will also benefit from the company's latest infotainment system. (more...)
- November 15, 2018
Earlier, Toyota has already introduced versions of the Corolla in bodies sedan and hatchback, which will replace the model of the Auris. The Corolla sedan is likely to strongly resemble the hatch model. The only mystery with the sedan's design will be the rear, which sadly has not been teased. 2020 Toyota Corolla will also benefit from the company's latest infotainment system. (more...)
Tech Stocks Sell-off Pulls Down Major Stock Indexes
- November 15, 2018
Shares in the company fell 33%. The market's slide came after a two-week winning streak. An afternoon recap of the day's most important business news, delivered weekdays. The Russell 2000 index of smaller companies gave up 3.99 points, or 0.3 per cent, to 1,514.80. Copper slid 0.3 percent to $2.68 a pound. It was down as much as 509 earlier. (more...)
- November 15, 2018
Shares in the company fell 33%. The market's slide came after a two-week winning streak. An afternoon recap of the day's most important business news, delivered weekdays. The Russell 2000 index of smaller companies gave up 3.99 points, or 0.3 per cent, to 1,514.80. Copper slid 0.3 percent to $2.68 a pound. It was down as much as 509 earlier. (more...)
Woman abuses flight crew for denying her alcohol
- November 15, 2018
In another video, the woman continues her rant, this time berating other passengers in business class. In the video, the woman passenger can be heard saying, "I am working for all your people". "You f**king stupid c**t". After the crew denied her more alcohol , she said that she is a human rights lawyer, an global criminal lawyer. She may have been carrying an Irish passport, or the information may have been assumed by a quote from her later in another clip in which she threatens with ... (more...)
- November 15, 2018
In another video, the woman continues her rant, this time berating other passengers in business class. In the video, the woman passenger can be heard saying, "I am working for all your people". "You f**king stupid c**t". After the crew denied her more alcohol , she said that she is a human rights lawyer, an global criminal lawyer. She may have been carrying an Irish passport, or the information may have been assumed by a quote from her later in another clip in which she threatens with ... (more...)
California Woman Chokes McDonald's Manager Over Ketchup Shortage
- November 15, 2018
In footage released by police in Santa Ana, CA, in Orange County, a woman can be seen pulling at the employee from behind. Another McDonald's employee also intervened to drag the suspect off the manager and still fulfilled an order at the drive-thru window amid the chaos. (more...)
- November 15, 2018
In footage released by police in Santa Ana, CA, in Orange County, a woman can be seen pulling at the employee from behind. Another McDonald's employee also intervened to drag the suspect off the manager and still fulfilled an order at the drive-thru window amid the chaos. (more...)
Amazon has chosen NYC, Northern Virginia for split HQ2, sources say
- November 14, 2018
The three locations could create some 55,000 jobs in the next two decades. And so it was this morning with Amazon's decision to set up massive new operations in New York City and in Crystal City, Virginia (as well as a slightly smaller office in Nashville, Tennessee): it dominated the headlines, the sheer enormity of the initiative nearly too stunning to comprehend-a small city's worth of new jobs (at least 55,000) and a small country's worth of tax incentives (at least $2.4 ... (more...)
- November 14, 2018
The three locations could create some 55,000 jobs in the next two decades. And so it was this morning with Amazon's decision to set up massive new operations in New York City and in Crystal City, Virginia (as well as a slightly smaller office in Nashville, Tennessee): it dominated the headlines, the sheer enormity of the initiative nearly too stunning to comprehend-a small city's worth of new jobs (at least 55,000) and a small country's worth of tax incentives (at least $2.4 ... (more...)
Oil sinks 7% into bear market on oversupply fears
- November 14, 2018
In its monthly report , OPEC said world oil demand next year would rise by 1.29 million barrels per day, 70,000 bpd less than predicted last month and the fourth consecutive forecast cut. In addition, Russian Federation has given mixed signals about a cut, with Lukoil CEO Vagit Alekperov saying Monday he did not see cuts being necessary. (more...)
- November 14, 2018
In its monthly report , OPEC said world oil demand next year would rise by 1.29 million barrels per day, 70,000 bpd less than predicted last month and the fourth consecutive forecast cut. In addition, Russian Federation has given mixed signals about a cut, with Lukoil CEO Vagit Alekperov saying Monday he did not see cuts being necessary. (more...)
Pilots say Boeing didn't disclose jet's new control feature
- November 14, 2018
The US Federal Aviation Administration (FAA) officials and safety experts leading the investigation into the crash told the WSJ that the automatic stall-prevention feature introduced recently to Boeing models, including the 737 MAX 8 and MAX 9, may abruptly thrust a plane into a steep dive despite pilots' efforts to continue flying it. (more...)
- November 14, 2018
The US Federal Aviation Administration (FAA) officials and safety experts leading the investigation into the crash told the WSJ that the automatic stall-prevention feature introduced recently to Boeing models, including the 737 MAX 8 and MAX 9, may abruptly thrust a plane into a steep dive despite pilots' efforts to continue flying it. (more...)
Flipkart CEO Binny resigns, quits immediately
- November 14, 2018
Binny has strongly denied the allegations . Binny had then expressed that Walmart is the ideal partner for the next phase of Flipkart journey. "I am convinced that the company is in great hands with our experienced leaders - Kalyan, Ananth and Sameer". (more...)
- November 14, 2018
Binny has strongly denied the allegations . Binny had then expressed that Walmart is the ideal partner for the next phase of Flipkart journey. "I am convinced that the company is in great hands with our experienced leaders - Kalyan, Ananth and Sameer". (more...)
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United Kingdom may not in the position to ban Huawei