Markets
Teen sues Apple for $1bn over 'Orwellian' in-store surveillance tech
- April 23, 2019
Ousmane Bah was arrested by NYPD officers on November 29 after being blamed for thefts at Apple Stores in Boston, New Jersey, Delaware and Manhattan, according to his lawsuit. He blames facial recognition software used in Apple Stores, which makes it possible to track suspected thieves. KitGuru Says: It's a odd case, but it wouldn't be surprising to see Apple using its facial recognition technology to attempt to protect its stores. (more...)
- April 23, 2019
Ousmane Bah was arrested by NYPD officers on November 29 after being blamed for thefts at Apple Stores in Boston, New Jersey, Delaware and Manhattan, according to his lawsuit. He blames facial recognition software used in Apple Stores, which makes it possible to track suspected thieves. KitGuru Says: It's a odd case, but it wouldn't be surprising to see Apple using its facial recognition technology to attempt to protect its stores. (more...)
Hundreds participate in local Easter egg hunt
- April 23, 2019
The egg hunt has more than tripled it's size since it first began in 2017. Organizers said the event was a great way to get kids outside and out of trouble. Church members equipped Easter eggs so that children and others with special needs could take part in an egg hunt. At Western Gateway Park hundreds of kids and their families lined the oak studded grasslands for the annual Penn Valley Easter Egg Hunt. (more...)
- April 23, 2019
The egg hunt has more than tripled it's size since it first began in 2017. Organizers said the event was a great way to get kids outside and out of trouble. Church members equipped Easter eggs so that children and others with special needs could take part in an egg hunt. At Western Gateway Park hundreds of kids and their families lined the oak studded grasslands for the annual Penn Valley Easter Egg Hunt. (more...)
Parents can trade in unwanted vehicle seats at Target's annual event
- April 23, 2019
The discount is good for a new auto seat, vehicle seat base, travel system, stroller, and other items. The coupon is valid in-store or on-line through may 11th. According to the company's website, materials from the old auto seats will be taken and recycled by Target's partner, Waste Management. Shoppers can find a participating Target here. (more...)
- April 23, 2019
The discount is good for a new auto seat, vehicle seat base, travel system, stroller, and other items. The coupon is valid in-store or on-line through may 11th. According to the company's website, materials from the old auto seats will be taken and recycled by Target's partner, Waste Management. Shoppers can find a participating Target here. (more...)
The Reserve Bank of India’s Regulatory Sandbox Accepts Blockchain, Excludes Crypto
- April 23, 2019
A lot of people in crypto world were expecting this document to bring some relief to the struggling crypto business in the country but to everyone's surprise, the central bank of the country chose to avoid it completely by keeping cryptocurrencies, trading of cryptocurrencies and ICO's out of the purview of the Regulatory Sandbox . (more...)
- April 23, 2019
A lot of people in crypto world were expecting this document to bring some relief to the struggling crypto business in the country but to everyone's surprise, the central bank of the country chose to avoid it completely by keeping cryptocurrencies, trading of cryptocurrencies and ICO's out of the purview of the Regulatory Sandbox . (more...)
Stop & Shop Strike Lingers, Inflicting Its Intended 'Economic Pain' On Owner
- April 23, 2019
About 31,000 Stop & Shop workers in New England are represented by the United Food and Commercial Workers International, which has spent months negotiating a contract with the company. Local officials made visits to the front lines over the weekend. "This starts to capture everything that's wrong with our economy right now", said Democratic State Senator Adam Hinds. (more...)
- April 23, 2019
About 31,000 Stop & Shop workers in New England are represented by the United Food and Commercial Workers International, which has spent months negotiating a contract with the company. Local officials made visits to the front lines over the weekend. "This starts to capture everything that's wrong with our economy right now", said Democratic State Senator Adam Hinds. (more...)
Jet employees meet Jaitley, appeal for govt’s support in reviving airline
- April 23, 2019
In total, the carrier now awaits the introduction of 22 Boeing 737 airplanes and five Bombardier Q400 turboprops in the immediate future. This amount can be lent by the consortium of lenders to the financially crippled Jet Airways on lien against the airline employees' provident fund balance or gratuity, C.H. (more...)
- April 23, 2019
In total, the carrier now awaits the introduction of 22 Boeing 737 airplanes and five Bombardier Q400 turboprops in the immediate future. This amount can be lent by the consortium of lenders to the financially crippled Jet Airways on lien against the airline employees' provident fund balance or gratuity, C.H. (more...)
Miami to Boston: 13 airline passengers taken to hospital after landing
- April 23, 2019
The flight landed in Boston at about 10 a.m., according to Samantha Decker, a spokeswoman for the Massachusetts Port Authority. More than a dozen passengers were sickened on a flight to Boston. According to a local Boston NBC subsidiary , the group all reportedly ate lasagna prior to the flight, and it is not believed that they became sick due to anything on the aircraft. (more...)
- April 23, 2019
The flight landed in Boston at about 10 a.m., according to Samantha Decker, a spokeswoman for the Massachusetts Port Authority. More than a dozen passengers were sickened on a flight to Boston. According to a local Boston NBC subsidiary , the group all reportedly ate lasagna prior to the flight, and it is not believed that they became sick due to anything on the aircraft. (more...)
Marcus Hutchins, Security Researcher Who Stopped WannaCry, Pleads Guilty to Malware Charges
- April 23, 2019
According to the reports, Marcus was detailed two years ago when he visited a hackers' Def Con 2017 where he was pressed with 10 different charges. Hutchins was charged with developing and, in partnership with another individual identified in court documents as "Vinny", disseminating UPAS-Kit and Kronos malware, the latter of which has for years been used to steal banking information. (more...)
- April 23, 2019
According to the reports, Marcus was detailed two years ago when he visited a hackers' Def Con 2017 where he was pressed with 10 different charges. Hutchins was charged with developing and, in partnership with another individual identified in court documents as "Vinny", disseminating UPAS-Kit and Kronos malware, the latter of which has for years been used to steal banking information. (more...)
Tesla wants to cut size of board from 11 directors to 7
- April 23, 2019
The Securities and Exchange Commission sued Musk past year, accusing him of misleading investors by falsely claiming in a post to his 22 million Twitter followers that he had arranged funding to take Tesla private. Gracias and Jurvetson are both on the board of the billionaire's closely held SpaceX. Mr. Gracias has been an independent director at Tesla since Y 2010. (more...)
- April 23, 2019
The Securities and Exchange Commission sued Musk past year, accusing him of misleading investors by falsely claiming in a post to his 22 million Twitter followers that he had arranged funding to take Tesla private. Gracias and Jurvetson are both on the board of the billionaire's closely held SpaceX. Mr. Gracias has been an independent director at Tesla since Y 2010. (more...)
Ex-Nissan boss Carlos Ghosn hit by fresh charge
- April 23, 2019
Nissan says an internal investigation uncovered "substantial evidence of blatantly unethical conduct" by the former chairman. His earlier release following 108 days in detention through early March was cut short after the prosecutors served him with a fresh arrest warrant on April 4. (more...)
- April 23, 2019
Nissan says an internal investigation uncovered "substantial evidence of blatantly unethical conduct" by the former chairman. His earlier release following 108 days in detention through early March was cut short after the prosecutors served him with a fresh arrest warrant on April 4. (more...)
Warren Wants Student Debt Erased Through $640 Billion Plan
- April 22, 2019
Warren's debt cancellation plan would "likely entail consumer-driven economic stimulus, improved credit scores, greater home-buying rates and housing stability, higher college completion rates, and greater business formation", according to researchers from Brandeis University, Arizona State University and the University of Tennessee at Knoxville. (more...)
- April 22, 2019
Warren's debt cancellation plan would "likely entail consumer-driven economic stimulus, improved credit scores, greater home-buying rates and housing stability, higher college completion rates, and greater business formation", according to researchers from Brandeis University, Arizona State University and the University of Tennessee at Knoxville. (more...)
New Mexico unemployment rate holds at 5.1%
- April 22, 2019
Educational and health services reported the largest increase with 2,200 jobs. The region's unemployment rate was up from a revised 3.5% in February and above the March 2018 rate of 3.4%. Virginia's seasonally adjusted unemployment rate continues to be below the national rate, which was unchanged at 3.8 percent. February's seasonally adjusted job loss was reduced through revisions by 1,000 jobs to 7,800 jobs lost. (more...)
- April 22, 2019
Educational and health services reported the largest increase with 2,200 jobs. The region's unemployment rate was up from a revised 3.5% in February and above the March 2018 rate of 3.4%. Virginia's seasonally adjusted unemployment rate continues to be below the national rate, which was unchanged at 3.8 percent. February's seasonally adjusted job loss was reduced through revisions by 1,000 jobs to 7,800 jobs lost. (more...)
US to sanction nations for importing Iranian oil
- April 22, 2019
Left unclear, however, is whether the five countries will face immediate American sanctions if they continue to take delivery of Iranian oil after the waivers expire. "We certainly aren't looking to grant any exceptions or waivers", Hook said in an interview this month with Kevin Cirilli on Bloomberg Radio's "Sound On". (more...)
- April 22, 2019
Left unclear, however, is whether the five countries will face immediate American sanctions if they continue to take delivery of Iranian oil after the waivers expire. "We certainly aren't looking to grant any exceptions or waivers", Hook said in an interview this month with Kevin Cirilli on Bloomberg Radio's "Sound On". (more...)
Central Intelligence Agency reportedly says Huawei is funded by Chinese state security
- April 22, 2019
While the company didn't make its actual net profit figures public, it said that its net profit margin was approximately 8 percent for the quarter. Huawei, which is now dominating the Chinese smartphone market, had registered a monstrous growth in its consumer electronics business a year ago. (more...)
- April 22, 2019
While the company didn't make its actual net profit figures public, it said that its net profit margin was approximately 8 percent for the quarter. Huawei, which is now dominating the Chinese smartphone market, had registered a monstrous growth in its consumer electronics business a year ago. (more...)
Parked Tesla Model S Bursts Into Flames in Shanghai
- April 22, 2019
There have been at least 14 instances of Tesla cars catching fire since 2013, with the majority occurring after a crash. In a statement, the carmaker said it had sent a team to Shanghai to investigate the matter, and that there were no reported casualties. (more...)
- April 22, 2019
There have been at least 14 instances of Tesla cars catching fire since 2013, with the majority occurring after a crash. In a statement, the carmaker said it had sent a team to Shanghai to investigate the matter, and that there were no reported casualties. (more...)
No more sanction waivers for India, 7 others on Iranian oil
- April 22, 2019
The White House said: "The Trump Administration and our allies are determined to sustain and expand the maximum economic pressure campaign against Iran to end the regime's destabilizing activity threatening the United States , our partners and allies, and security in the Middle East". (more...)
- April 22, 2019
The White House said: "The Trump Administration and our allies are determined to sustain and expand the maximum economic pressure campaign against Iran to end the regime's destabilizing activity threatening the United States , our partners and allies, and security in the Middle East". (more...)
Canopy Growth to buy Acreage in $3.4 bln deal
- April 22, 2019
The complex transaction announced Thursday was "comprehensively reviewed and considered", by exchange operators and other stakeholders, said Linton. The companies said they would also execute a licensing agreement granting Acreage access to Canopy Growth's brands, including Tweed and Tokyo Smoke, along with other intellectual property. (more...)
- April 22, 2019
The complex transaction announced Thursday was "comprehensively reviewed and considered", by exchange operators and other stakeholders, said Linton. The companies said they would also execute a licensing agreement granting Acreage access to Canopy Growth's brands, including Tweed and Tokyo Smoke, along with other intellectual property. (more...)
Sears Sues Former CEO Lampert
- April 21, 2019
Mnuchin, a college roommate of Lampert's at Yale University, had been a director at Sears and ESL, and previously worked with Lampert at Goldman Sachs. The company formerly known as Sears, Roebuck & Company filed for bankruptcy in October 2018 as a prelude to resurrecting itself as a digital retailer. (more...)
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- April 21, 2019
Mnuchin, a college roommate of Lampert's at Yale University, had been a director at Sears and ESL, and previously worked with Lampert at Goldman Sachs. The company formerly known as Sears, Roebuck & Company filed for bankruptcy in October 2018 as a prelude to resurrecting itself as a digital retailer. (more...)
SpiceJet hires 500, mostly from now-grounded Jet
- April 20, 2019
And now, with the introduction of the new domestic flights, passengers from several Tier II cities will be able to easily travel on SpiceJet's worldwide network via Mumbai and Delhi. "As we expand and grow, we are giving first preference to those who have recently lost their jobs due to the unfortunate closure of Jet Airways", Singh said, according to a PTI report. (more...)
- April 20, 2019
And now, with the introduction of the new domestic flights, passengers from several Tier II cities will be able to easily travel on SpiceJet's worldwide network via Mumbai and Delhi. "As we expand and grow, we are giving first preference to those who have recently lost their jobs due to the unfortunate closure of Jet Airways", Singh said, according to a PTI report. (more...)
Pinterest climbs in debut after second-biggest US IPO of 2019
- April 20, 2019
The public offering helped the company raise around $1.4 billion. The shares of the video service Zoom, which specializes in video conferencing, were still more in demand than that of Pinterest . At the price Zoom closed at Thursday, Yuan is now worth more than $3 billion. Zoom, the company that made a splash on the Nasdaq with the symbol ZM, is known to for selling video conference software to companies. (more...)
- April 20, 2019
The public offering helped the company raise around $1.4 billion. The shares of the video service Zoom, which specializes in video conferencing, were still more in demand than that of Pinterest . At the price Zoom closed at Thursday, Yuan is now worth more than $3 billion. Zoom, the company that made a splash on the Nasdaq with the symbol ZM, is known to for selling video conference software to companies. (more...)
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