Markets
Another Musk moment: Tesla CEO's 'pedo guy' case is going to trial
- May 13, 2019
A British cave diver's defamation lawsuit against Tesla CEO Elon Musk is set to begin in October, according to court documents filed Friday. A spokesperson for Tesla did not immediately return a request for comment. Vernon Unsworth sued Musk for defamation in 2018 after the billionaire repeatedly accused the cave diver of being a pedophile. "There is nothing about the context in which [Musk ] made the statements.that would create doubt as to whether [Musk's] statements implied ... (more...)
- May 13, 2019
A British cave diver's defamation lawsuit against Tesla CEO Elon Musk is set to begin in October, according to court documents filed Friday. A spokesperson for Tesla did not immediately return a request for comment. Vernon Unsworth sued Musk for defamation in 2018 after the billionaire repeatedly accused the cave diver of being a pedophile. "There is nothing about the context in which [Musk ] made the statements.that would create doubt as to whether [Musk's] statements implied ... (more...)
London jobless rate declines to 4.8%, participation rate drops again
- May 13, 2019
Total hours worked also picked up, increasing by 1.3 per cent annually in April, from 0.9 per cent in March. The Canadian dollar jumped after the report, gaining 0.4 per cent to $1.3421 per USA dollar at 8:34 a.m.in Toronto trading. Pay gains for permanent employees rose to 2.6 per cent, the strongest increase since August. In the province, youth employment has been trending upward since the beginning of 2019. (more...)
- May 13, 2019
Total hours worked also picked up, increasing by 1.3 per cent annually in April, from 0.9 per cent in March. The Canadian dollar jumped after the report, gaining 0.4 per cent to $1.3421 per USA dollar at 8:34 a.m.in Toronto trading. Pay gains for permanent employees rose to 2.6 per cent, the strongest increase since August. In the province, youth employment has been trending upward since the beginning of 2019. (more...)
Symantec says CEO Greg Clark steps down
- May 13, 2019
Mr. Schulman added, "The Board extends its deep appreciation to Greg for his leadership and contributions to our Company since becoming CEO". While Symantec did not say why Clark, CEO since 2016, left the company, Hill said Clark wanted to take care of his ailing father. (more...)
- May 13, 2019
Mr. Schulman added, "The Board extends its deep appreciation to Greg for his leadership and contributions to our Company since becoming CEO". While Symantec did not say why Clark, CEO since 2016, left the company, Hill said Clark wanted to take care of his ailing father. (more...)
And Dogfish Head Announce Merger
- May 13, 2019
Dogfish Head founder Sam Calagione and his family will receive around 406,000 shares of Boston Beer Company, valued at $314.60 a share. The companies are both defined as craft brewers by the Brewers Association , meaning they are independent and produce fewer than 6 million barrels of beer each year. (more...)
- May 13, 2019
Dogfish Head founder Sam Calagione and his family will receive around 406,000 shares of Boston Beer Company, valued at $314.60 a share. The companies are both defined as craft brewers by the Brewers Association , meaning they are independent and produce fewer than 6 million barrels of beer each year. (more...)
CONSUMER RECALL: Dresser Tip-Over Danger
- May 13, 2019
The chests are 27-and-a-half inches high, 31-and-a-quarter inches wide, and 15-and-a-half inches deep. The chest was sold online in the U.S.at Walmart, Target and Amazon for about $60 USA, according to the recall notice posted by the United States Consumer Product Safety Commission . (more...)
- May 13, 2019
The chests are 27-and-a-half inches high, 31-and-a-quarter inches wide, and 15-and-a-half inches deep. The chest was sold online in the U.S.at Walmart, Target and Amazon for about $60 USA, according to the recall notice posted by the United States Consumer Product Safety Commission . (more...)
Uber's IPO values the ride-hailing service at $82.4 billion
- May 13, 2019
Khosrowshahi told The Associated Press on Friday it was a tough week to go public , but the company got it done. Uber deliberately chose a more conservative share price to avoid making the same mistake as Lyft , a competing ride-share mobile app that was the first of its kind to become a publicly traded company. (more...)
- May 13, 2019
Khosrowshahi told The Associated Press on Friday it was a tough week to go public , but the company got it done. Uber deliberately chose a more conservative share price to avoid making the same mistake as Lyft , a competing ride-share mobile app that was the first of its kind to become a publicly traded company. (more...)
First details of new Dyson electric car made public
- May 12, 2019
The patents show a vehicle with very large wheels, giving a low rolling resistance and high ground clearance. The wheels would be kept as close to the front and the back of the vehicle as possible to make the auto "highly manoeuvrable. The company is about to start construction work on its new plant in Singapore , because Dyson believes there is a bigger market for electric vehicles in Asia. (more...)
- May 12, 2019
The patents show a vehicle with very large wheels, giving a low rolling resistance and high ground clearance. The wheels would be kept as close to the front and the back of the vehicle as possible to make the auto "highly manoeuvrable. The company is about to start construction work on its new plant in Singapore , because Dyson believes there is a bigger market for electric vehicles in Asia. (more...)
Air India to cut rates for last-minute passengers
- May 12, 2019
While Etihad's offer has been declared as the only qualified bid, the Abu Dhabi-based airline made it clear that it would hold only a minority stake in Jet and that its bid was conditional. Private equity firm TPG Capital, Indigo Partners, National Investment and Infrastructure Fund (NIIF) and Etihad were in the race to buy a stake in the grounded Jet Airways . (more...)
- May 12, 2019
While Etihad's offer has been declared as the only qualified bid, the Abu Dhabi-based airline made it clear that it would hold only a minority stake in Jet and that its bid was conditional. Private equity firm TPG Capital, Indigo Partners, National Investment and Infrastructure Fund (NIIF) and Etihad were in the race to buy a stake in the grounded Jet Airways . (more...)
How to get through Mother's Day if you don't have a mom
- May 12, 2019
The only human Love that is beyond the things of this world is mother's Love. They love it! This is likely not going to help you for 2019, but next year - buy your Mum something when you're in Vienna. I'm not saying gift giving is bad. So, on this Mother's Day , make sure you pamper and acknowledge their contribution in your life. Naturally, you put it off for days until it's nearly Mother's Day and you're still stumped for ideas. (more...)
- May 12, 2019
The only human Love that is beyond the things of this world is mother's Love. They love it! This is likely not going to help you for 2019, but next year - buy your Mum something when you're in Vienna. I'm not saying gift giving is bad. So, on this Mother's Day , make sure you pamper and acknowledge their contribution in your life. Naturally, you put it off for days until it's nearly Mother's Day and you're still stumped for ideas. (more...)
Anadarko accepts Occidental bid
- May 12, 2019
Cost and capital discipline always matter, and we will not dilute our returns or erode value for our shareholders for the sake of doing a deal", Chevron's Chairman and CEO Michael Wirth said, according to The Associated Press . Rowe Price. Rating firm Moody's Investors Service said Wednesday it likely would downgrade Occidental if it prevails due to the added debt that will make it harder for the company to confront a downturn in oil prices . (more...)
- May 12, 2019
Cost and capital discipline always matter, and we will not dilute our returns or erode value for our shareholders for the sake of doing a deal", Chevron's Chairman and CEO Michael Wirth said, according to The Associated Press . Rowe Price. Rating firm Moody's Investors Service said Wednesday it likely would downgrade Occidental if it prevails due to the added debt that will make it harder for the company to confront a downturn in oil prices . (more...)
Schick owner buys Harry's in new shaving war alliance | AP business
- May 12, 2019
Harry's has bedeviled Schick and Gillette for years using innovative subscription plans and sleek packaging and competitive pricing. Edgewell gets the Harry's brand and access to the company's prized direct-to-consumer marketing base. While Edgewell is paying only four times revenue, the combined company will have gross debt of 5.2x earnings before interest, taxes, depreciation and amortization (EBITDA) when the deal closes. (more...)
- May 12, 2019
Harry's has bedeviled Schick and Gillette for years using innovative subscription plans and sleek packaging and competitive pricing. Edgewell gets the Harry's brand and access to the company's prized direct-to-consumer marketing base. While Edgewell is paying only four times revenue, the combined company will have gross debt of 5.2x earnings before interest, taxes, depreciation and amortization (EBITDA) when the deal closes. (more...)
China spells out conditions for a trade agreement
- May 12, 2019
The Trump administration increased taxes on $200 billion worth of Chinese imports from 10 percent to 25 percent. Chinese Vice Premier Liu He leaves the Office of the United States Trade Representative in Washington, Thursday, May 9, 2019, during trade talks between the United States and China . (more...)
- May 12, 2019
The Trump administration increased taxes on $200 billion worth of Chinese imports from 10 percent to 25 percent. Chinese Vice Premier Liu He leaves the Office of the United States Trade Representative in Washington, Thursday, May 9, 2019, during trade talks between the United States and China . (more...)
Nike Fit app uses AI to determine your exact shoe size
- May 12, 2019
It then not only gives you the measured size but also some information about that shoe size, like how many people on the planet have similar feet. With this new feature, though, Nike says it'll be able to measure each foot individually, including the size, shape, and volume, and it's accurate within 2 millimeters, too. (more...)
- May 12, 2019
It then not only gives you the measured size but also some information about that shoe size, like how many people on the planet have similar feet. With this new feature, though, Nike says it'll be able to measure each foot individually, including the size, shape, and volume, and it's accurate within 2 millimeters, too. (more...)
PRESIDENT TRUMP: China Trade Talks Will Continue, 'In the Meantime' New Tariffs
- May 12, 2019
The move came less than 24 hours after Washington increased levies on $200 billion worth of Chinese imports to 25% from 10%, days after the Trump administration accused Beijing of reneging on commitments made in negotiations so far. But some sectors in China are likely to feel the impact of U.S. tariffs more than others. Shanghai University economics professor Ding Jianping told VOA the tariffs would also adversely impact the USA financial markets, which have climbed to record highs. (more...)
- May 12, 2019
The move came less than 24 hours after Washington increased levies on $200 billion worth of Chinese imports to 25% from 10%, days after the Trump administration accused Beijing of reneging on commitments made in negotiations so far. But some sectors in China are likely to feel the impact of U.S. tariffs more than others. Shanghai University economics professor Ding Jianping told VOA the tariffs would also adversely impact the USA financial markets, which have climbed to record highs. (more...)
Co-founder calls for 'break up' of Facebook
- May 12, 2019
Hughes , who is now co-chairman of the Economic Security Project and a senior adviser at a liberal think tank called the Roosevelt Institute, has not worked at Facebook since he left the company in 2007. But they often migrated to Instagram or WhatsApp, not realising that both companies were also owned by Facebook. Zuckerberg has been vague, however, on exactly what kind of regulation he favors. (more...)
- May 12, 2019
Hughes , who is now co-chairman of the Economic Security Project and a senior adviser at a liberal think tank called the Roosevelt Institute, has not worked at Facebook since he left the company in 2007. But they often migrated to Instagram or WhatsApp, not realising that both companies were also owned by Facebook. Zuckerberg has been vague, however, on exactly what kind of regulation he favors. (more...)
McDonald’s is bringing hits from its global menu to the United States
- May 11, 2019
McDonald's is done teasing us. Beginning next month, McDonald's is bringing four of its favorite items from across the world to the United States for a limited time. It's similar to the chicken sandwich now on USA menus but adds tomato & herb sauce, mozzarella cheese, onions, lettuce, and sliced Roma tomatoes served on a toasted artisan roll. (more...)
- May 11, 2019
McDonald's is done teasing us. Beginning next month, McDonald's is bringing four of its favorite items from across the world to the United States for a limited time. It's similar to the chicken sandwich now on USA menus but adds tomato & herb sauce, mozzarella cheese, onions, lettuce, and sliced Roma tomatoes served on a toasted artisan roll. (more...)
Party City closing 45 stores in light of global helium shortage
- May 11, 2019
Some of the stores which will be closed are located in Santa Clarita, Banning and Hemet in California; Meriden in Connecticut; DeKalb in IL; and Moses Lake in Washington. 19, 2015. Seventy-five percent of the world's helium comes from sites in Qatar, Wyoming and Texas, but USA reserves are running low, and may not be replenished. (more...)
- May 11, 2019
Some of the stores which will be closed are located in Santa Clarita, Banning and Hemet in California; Meriden in Connecticut; DeKalb in IL; and Moses Lake in Washington. 19, 2015. Seventy-five percent of the world's helium comes from sites in Qatar, Wyoming and Texas, but USA reserves are running low, and may not be replenished. (more...)
Trump orders to raise tariffs on $300 bln worth of Chinese goods
- May 11, 2019
Major U.S. stock indexes fell more than 1 percent Friday after the U.S. raised tariffs on more than $200 billion in Chinese goods to 25 percent from 10 percent. Yang Delong, chief economist at First Seafront Fund Management in Shanghai, told AFP that the "sudden hardening" of Trump's tone is likely linked to the 2020 presidential election. (more...)
- May 11, 2019
Major U.S. stock indexes fell more than 1 percent Friday after the U.S. raised tariffs on more than $200 billion in Chinese goods to 25 percent from 10 percent. Yang Delong, chief economist at First Seafront Fund Management in Shanghai, told AFP that the "sudden hardening" of Trump's tone is likely linked to the 2020 presidential election. (more...)
Grandmother Arrested for Having CBD Oil at Disney World
- May 10, 2019
She spent 12 hours in jail and was trespassed from Disney property before being released on $2,000 bail. Almost a month after the incident, all charges have reportedly been dropped. "Meanwhile, you can have up to 19.9 grams of leaf-marijuana, and it's a first-degree misdemeanor". Synnamon said in a statement, "I'm very disappointed that the Orange County Sheriff's Office handled the situation the way they did". (more...)
- May 10, 2019
She spent 12 hours in jail and was trespassed from Disney property before being released on $2,000 bail. Almost a month after the incident, all charges have reportedly been dropped. "Meanwhile, you can have up to 19.9 grams of leaf-marijuana, and it's a first-degree misdemeanor". Synnamon said in a statement, "I'm very disappointed that the Orange County Sheriff's Office handled the situation the way they did". (more...)
Bernie and AOC Team Up Against Companies That Prey on the Poor
- May 10, 2019
That rate is a full percentage point higher than it was past year. The congresswoman added that she's "entertaining" an endorsement but "it's not going to be for a while". "An additional crisis, but part of this whole situation, is that many poor people don't have access to banking services because the big banks are not anxious about somebody who, you know, makes 10 bucks an hour", Sanders said during the video announcement. (more...)
- May 10, 2019
That rate is a full percentage point higher than it was past year. The congresswoman added that she's "entertaining" an endorsement but "it's not going to be for a while". "An additional crisis, but part of this whole situation, is that many poor people don't have access to banking services because the big banks are not anxious about somebody who, you know, makes 10 bucks an hour", Sanders said during the video announcement. (more...)
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