Markets
EU endorses Brexit divorce deal but hard work lies ahead
- November 27, 2018
The deal is unpopular with EU-supporting MPs but also hardline eurosceptics - such as Jacob Rees-Mogg who wanted to trigger a vote of no confidence in the Prime Minister. "This is the deal". Analysis by the Bank of England and the Financial Conduct Authority of the impact of the Withdrawal Agreement and Future Framework on the United Kingdom economy is to be published on Thursday. (more...)
- November 27, 2018
The deal is unpopular with EU-supporting MPs but also hardline eurosceptics - such as Jacob Rees-Mogg who wanted to trigger a vote of no confidence in the Prime Minister. "This is the deal". Analysis by the Bank of England and the Financial Conduct Authority of the impact of the Withdrawal Agreement and Future Framework on the United Kingdom economy is to be published on Thursday. (more...)
GM to slash 14K jobs in North America, could close 5 plants
- November 26, 2018
The Chevy Volt plug-in hybrid will also be dropped along with the Chevy Cruze compact (which is sold as the Holden Astra sedan here and built in Korea), which will be made in Mexico for other markets. "We are on the verge of the worst economic catastrophe to hit Ontario since the Great Recession a decade ago", Fraser said. Oshawa Mayor John Henry said he had not spoken to anyone from GM. (more...)
- November 26, 2018
The Chevy Volt plug-in hybrid will also be dropped along with the Chevy Cruze compact (which is sold as the Holden Astra sedan here and built in Korea), which will be made in Mexico for other markets. "We are on the verge of the worst economic catastrophe to hit Ontario since the Great Recession a decade ago", Fraser said. Oshawa Mayor John Henry said he had not spoken to anyone from GM. (more...)
Target Cyber Monday Deals are the Best You'll Find: Extra 15% Off
- November 26, 2018
Drawing an estimated 75 million shoppers, the event will severely test retailers' online platforms as well as their delivery operations. On Black Friday , websites of clothing retailers J.Crew and Lululemon Athletica Inc and home improvement chain Lowe's Cos Inc suffered technical difficulties because of the surge in orders. (more...)
- November 26, 2018
Drawing an estimated 75 million shoppers, the event will severely test retailers' online platforms as well as their delivery operations. On Black Friday , websites of clothing retailers J.Crew and Lululemon Athletica Inc and home improvement chain Lowe's Cos Inc suffered technical difficulties because of the surge in orders. (more...)
General Motors to close Oshawa plant along with 4 others in US
- November 26, 2018
General Motors Co. will cut more than 14,000 salaried staff and factory workers and close seven factories worldwide by the end of next year, part of a sweeping realignment to prepare for a future of electric and self-driving vehicles. "It's very different now than when I was growing up, when everyone you knew was working in the plant", he said. "In contrast to times past..." "We are right-sizing capacity for the realities of the marketplace", Chief Executive Mary Barra said, adding that ... (more...)
- November 26, 2018
General Motors Co. will cut more than 14,000 salaried staff and factory workers and close seven factories worldwide by the end of next year, part of a sweeping realignment to prepare for a future of electric and self-driving vehicles. "It's very different now than when I was growing up, when everyone you knew was working in the plant", he said. "In contrast to times past..." "We are right-sizing capacity for the realities of the marketplace", Chief Executive Mary Barra said, adding that ... (more...)
Tips for selecting the ideal Christmas Tree
- November 26, 2018
As we prepare for the Christmas countdown, Dobbies has revealed that the second Saturday in December has historically seen an influx of shoppers buying real Christmas trees, an event officially called "Bring Your Christmas Tree Home Day". (more...)
- November 26, 2018
As we prepare for the Christmas countdown, Dobbies has revealed that the second Saturday in December has historically seen an influx of shoppers buying real Christmas trees, an event officially called "Bring Your Christmas Tree Home Day". (more...)
EOS Overtook Bitcoin Cash Momentarily But Bitcoin Cash is Back Again
- November 26, 2018
Over the past 24 hours (UTC 07:10 AM), bitcoin has shot up more than 8% from its weekend lows below the United States dollars 3,500 level. Offering an even more positive outlook, Wall Street's Tom Lee stands by his (amended) prediction that bitcoin will touch $15,000 by the end of the year. (more...)
- November 26, 2018
Over the past 24 hours (UTC 07:10 AM), bitcoin has shot up more than 8% from its weekend lows below the United States dollars 3,500 level. Offering an even more positive outlook, Wall Street's Tom Lee stands by his (amended) prediction that bitcoin will touch $15,000 by the end of the year. (more...)
Former Nissan chairman Carlos Ghosn denies allegations
- November 26, 2018
Ghosn reportedly planned their full-fledged merger although Nissan officials opposed the move due to concerns over Renault's level of control despite the Japanese company becoming the dominant player in the alliance. Executives of the three companies are thought to be planning a meeting this week, their first gathering since Mr Ghosn's arrest. Ghosn, who has not spoken publicly, has told investigators that he had no intention of under-reporting his remuneration on financial documents and ... (more...)
- November 26, 2018
Ghosn reportedly planned their full-fledged merger although Nissan officials opposed the move due to concerns over Renault's level of control despite the Japanese company becoming the dominant player in the alliance. Executives of the three companies are thought to be planning a meeting this week, their first gathering since Mr Ghosn's arrest. Ghosn, who has not spoken publicly, has told investigators that he had no intention of under-reporting his remuneration on financial documents and ... (more...)
Rotating postal strike hits Ottawa on Black Friday
- November 26, 2018
Canada Post is dealing with a fifth week of rotating strikes by thousands of unionized workers as both sides remain apart in contract negotiations. Palacek accused the government of supporting organized labour only when it's convenient and of doing Canada Post's "dirty work". (more...)
- November 26, 2018
Canada Post is dealing with a fifth week of rotating strikes by thousands of unionized workers as both sides remain apart in contract negotiations. Palacek accused the government of supporting organized labour only when it's convenient and of doing Canada Post's "dirty work". (more...)
Snow expected to hit Chicago area as Thanksgiving travelers head home Sunday
- November 26, 2018
Some places may see up to 18 inches and strong winds, according to the NWS. This means that an inch or 2 of snow is possible along the southern half of Polk County with no snow in the northern half of the county. Sunday, according to the flight-tracking website FlightAware. Several airlines that operate out of Kansas City International Airport were waiving fees for rebooking flights due to the storm, FOX4 reported . (more...)
- November 26, 2018
Some places may see up to 18 inches and strong winds, according to the NWS. This means that an inch or 2 of snow is possible along the southern half of Polk County with no snow in the northern half of the county. Sunday, according to the flight-tracking website FlightAware. Several airlines that operate out of Kansas City International Airport were waiving fees for rebooking flights due to the storm, FOX4 reported . (more...)
Coli on lettuce - a simple wash won't eliminate risk
- November 25, 2018
Health officials say E. coli has affected four people in Ontario, 17 in Quebec and one in New Brunswick. The CDC reported that the outbreak has sickened 32 people in the US since early October, with 13 hospitalizations and one person reportedly developing a type of kidney failure. (more...)
- November 25, 2018
Health officials say E. coli has affected four people in Ontario, 17 in Quebec and one in New Brunswick. The CDC reported that the outbreak has sickened 32 people in the US since early October, with 13 hospitalizations and one person reportedly developing a type of kidney failure. (more...)
Oil prices hit year low as OPEC considers output cut
- November 25, 2018
Brent crude, the global benchmark, is down 6 percent. Kohl's fell 3.7 percent to $63.83, while Target lost 2.8 percent to $67.35. But Andy Lipow of Lipow Oil Associates predicted the "Saudis will decide in their best interest to cut production", adding that "it will not have an impact on the relationship with Washington because the USA already said how this relationship was important and how important was the weapon business with the Saudis". (more...)
- November 25, 2018
Brent crude, the global benchmark, is down 6 percent. Kohl's fell 3.7 percent to $63.83, while Target lost 2.8 percent to $67.35. But Andy Lipow of Lipow Oil Associates predicted the "Saudis will decide in their best interest to cut production", adding that "it will not have an impact on the relationship with Washington because the USA already said how this relationship was important and how important was the weapon business with the Saudis". (more...)
Thousands Still Line Up for Black Friday Deals Despite Widespread Online Discounts
- November 25, 2018
And customers can check out at many stores with a salesperson in store aisles. It was also a very mobile-friendly holiday, with orders from smartphones representing more than a third of all ecommerce sales - 36.7% - and driving the most traffic to merchant sites at 54.4%, Adobe reported . (more...)
- November 25, 2018
And customers can check out at many stores with a salesperson in store aisles. It was also a very mobile-friendly holiday, with orders from smartphones representing more than a third of all ecommerce sales - 36.7% - and driving the most traffic to merchant sites at 54.4%, Adobe reported . (more...)
Flybe shares rocket as Virgin enters fray
- November 25, 2018
A deal with Flybe would allow Virgin Atlantic to explore opportunities to provide to feeder traffic into its long-haul network. Virgin Atlantic is being advised by Rothschild & Co. Stobart, which is the focus of a bitter courtroom battle between board members and its former chief executive, abandoned a previous bid earlier this year. (more...)
- November 25, 2018
A deal with Flybe would allow Virgin Atlantic to explore opportunities to provide to feeder traffic into its long-haul network. Virgin Atlantic is being advised by Rothschild & Co. Stobart, which is the focus of a bitter courtroom battle between board members and its former chief executive, abandoned a previous bid earlier this year. (more...)
Best Black Friday 2018 Smartphone Deals: Unlocked, Accessories, & More
- November 25, 2018
Fire TV Edition delivers 720p picture quality with deep blacks and rich colors. Walmart , Amazon , Target, and others are offering up tons of Black Friday deals on smart TVs, special Amazon Fire TVs, and all kinds of other TVs - including plenty of deals from brands like Samsung and Sharp. (more...)
- November 25, 2018
Fire TV Edition delivers 720p picture quality with deep blacks and rich colors. Walmart , Amazon , Target, and others are offering up tons of Black Friday deals on smart TVs, special Amazon Fire TVs, and all kinds of other TVs - including plenty of deals from brands like Samsung and Sharp. (more...)
Amazon workers strike on Black Friday over working conditions
- November 25, 2018
Additionally, an anonymous insider who identified as a seasonal worker penned a column for The Guardian two days ago that purported alarming working conditions at an Amazon fulfillment center, citing "blown backs, boxes falling on people's heads, carpal tunnel in your coworkers' wrists and balky knees that never get better". (more...)
- November 25, 2018
Additionally, an anonymous insider who identified as a seasonal worker penned a column for The Guardian two days ago that purported alarming working conditions at an Amazon fulfillment center, citing "blown backs, boxes falling on people's heads, carpal tunnel in your coworkers' wrists and balky knees that never get better". (more...)
European Union struggles to agree on Gibraltar before Brexit summit
- November 25, 2018
In her conference speech, DUP leader Arlene Foster said: "The reality is that if we are to secure a better outcome than is now on offer, then the only option is to look beyond this current draft Withdrawal Agreement and work in the time ahead for an improved outcome". (more...)
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- November 25, 2018
In her conference speech, DUP leader Arlene Foster said: "The reality is that if we are to secure a better outcome than is now on offer, then the only option is to look beyond this current draft Withdrawal Agreement and work in the time ahead for an improved outcome". (more...)
Tesla lowers auto prices by 26% to woo buyers
- November 25, 2018
The price of the Model S 75 D comes down by 104,700 yuan (US$15,000) to 782,900 yuan, while the Model X 75 D has a new price tag of 861,800 yuan, down 113,900 yuan from four months ago. " We are absorbing a significant part of the tariff to help make our cars more affordable for customers in China ", Tesla stated. The move marks a shift from July when Tesla was one of the first U.S. (more...)
- November 25, 2018
The price of the Model S 75 D comes down by 104,700 yuan (US$15,000) to 782,900 yuan, while the Model X 75 D has a new price tag of 861,800 yuan, down 113,900 yuan from four months ago. " We are absorbing a significant part of the tariff to help make our cars more affordable for customers in China ", Tesla stated. The move marks a shift from July when Tesla was one of the first U.S. (more...)
U.S. Urges Other Countries to Shun Huawei, Citing Espionage Risk
- November 25, 2018
U.S. officials have contacted the governments of friendly nations including Japan, Italy and Germany to warn them about alleged risk of using Huawei devices. "Huawei is surprised by the behaviours of the United States government detailed in the ( Journal ) article", said Huawei in a statement released Friday. (more...)
- November 25, 2018
U.S. officials have contacted the governments of friendly nations including Japan, Italy and Germany to warn them about alleged risk of using Huawei devices. "Huawei is surprised by the behaviours of the United States government detailed in the ( Journal ) article", said Huawei in a statement released Friday. (more...)
Nissan Board Votes To Remove Carlos Ghosn From Chairman Position
- November 25, 2018
On Wednesday, several media reported that the Tokyo district court had ordered the 64-year-old Brazil-born businessman held for a further 10 days as prosecutors step up their investigation over the alleged under-reporting of Ghosn's package by about five billion. (more...)
- November 25, 2018
On Wednesday, several media reported that the Tokyo district court had ordered the 64-year-old Brazil-born businessman held for a further 10 days as prosecutors step up their investigation over the alleged under-reporting of Ghosn's package by about five billion. (more...)
Government climate report warns of worsening US disasters
- November 24, 2018
The White House on Friday released a federal report that found that the impacts of climate change are being felt across the country, and "extreme weather and climate-related events" are going to worsen in the years to come - with a significant impact on the economy. (more...)
- November 24, 2018
The White House on Friday released a federal report that found that the impacts of climate change are being felt across the country, and "extreme weather and climate-related events" are going to worsen in the years to come - with a significant impact on the economy. (more...)
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US Federal Reserve could signal no rate hike through 2020