Markets
Vegans sue Burger King over 'contaminated' fake meat in Impossible Burger
- November 19, 2019
The class-action lawsuit was filed by Phillip Williams on Monday, TMZ reported , claiming the chain advertises their Impossible Burgers as a vegan alternative to its meat products - however they're all cooked on the same grill. 19-24755. Visitors to 2,400 Burger Kings across 20 European markets can now try out a "Rebel Whopper", made from meatless patties created by a company appropriately called Vegetarian Butcher. (more...)
- November 19, 2019
The class-action lawsuit was filed by Phillip Williams on Monday, TMZ reported , claiming the chain advertises their Impossible Burgers as a vegan alternative to its meat products - however they're all cooked on the same grill. 19-24755. Visitors to 2,400 Burger Kings across 20 European markets can now try out a "Rebel Whopper", made from meatless patties created by a company appropriately called Vegetarian Butcher. (more...)
Chick-fil-A cuts charity ties with anti-LGBTQ groups
- November 19, 2019
Chick-fil-A's tax records shows that it gave to several Christian schools and charitable groups in 2018 . "In addition to refraining from financially supporting anti-LGBTQ organizations, Chick-fil-A still lacks policies to ensure safe workplaces for LGBTQ employees and should unequivocally speak out against the anti-LGBTQ reputation that their brand represents", Anderson continued. (more...)
- November 19, 2019
Chick-fil-A's tax records shows that it gave to several Christian schools and charitable groups in 2018 . "In addition to refraining from financially supporting anti-LGBTQ organizations, Chick-fil-A still lacks policies to ensure safe workplaces for LGBTQ employees and should unequivocally speak out against the anti-LGBTQ reputation that their brand represents", Anderson continued. (more...)
WeWork set to axe 4,000 jobs
- November 19, 2019
Additionally, another 1,000 building maintenance employees would be transferred to an external contractor, according to the Times . Together, the employees to be fired comprise a third of the 12,500 people WeWork employed at the end of June. (more...)
- November 19, 2019
Additionally, another 1,000 building maintenance employees would be transferred to an external contractor, according to the Times . Together, the employees to be fired comprise a third of the 12,500 people WeWork employed at the end of June. (more...)
Ford unveils Mustang Mach-E electric sport utility vehicle
- November 19, 2019
And yes: It has a frunk! There's also a screen behind the steering wheel to keep drivers' attention in front (unlike the previously noted Tesla that only displays information on a center screen). The company unveiled the Mustang Mach-E Sunday night. For decades, the idea of what a sports vehicle is and should be has been different depending on which side of the Atlantic Ocean you found yourself. (more...)
- November 19, 2019
And yes: It has a frunk! There's also a screen behind the steering wheel to keep drivers' attention in front (unlike the previously noted Tesla that only displays information on a center screen). The company unveiled the Mustang Mach-E Sunday night. For decades, the idea of what a sports vehicle is and should be has been different depending on which side of the Atlantic Ocean you found yourself. (more...)
Trade Optimism Lifts Oil, Takes Gloss Off Gold
- November 18, 2019
Fueled largely by advances in oil recovery processes, US oil production has surged over the past decade, from about 5 million barrels per day in 2008 to more than 12.5 million barrels per day in October, according to the EIA. The Paris-based organization opined that this would eat from the Organization of the Petroleum Exporting Countries' (OPEC) market share and lead to a decline in OPEC's crude oil output by around 1 million bpd. (more...)
- November 18, 2019
Fueled largely by advances in oil recovery processes, US oil production has surged over the past decade, from about 5 million barrels per day in 2008 to more than 12.5 million barrels per day in October, according to the EIA. The Paris-based organization opined that this would eat from the Organization of the Petroleum Exporting Countries' (OPEC) market share and lead to a decline in OPEC's crude oil output by around 1 million bpd. (more...)
HP rejects takeover offer from Xerox
- November 18, 2019
The Details: While HP rejected Xerox's offer, it did not close the door on a potential merger. The HP board says that with more information from Xerox, the company believes it can quickly evaluate the merits of a potential transaction. "In reaching this determination, the Board also considered the highly conditional and uncertain nature of the proposal, including the potential impact of outsized debt levels on the combined company's stock", HP added, saying it had also taken into account ... (more...)
- November 18, 2019
The Details: While HP rejected Xerox's offer, it did not close the door on a potential merger. The HP board says that with more information from Xerox, the company believes it can quickly evaluate the merits of a potential transaction. "In reaching this determination, the Board also considered the highly conditional and uncertain nature of the proposal, including the potential impact of outsized debt levels on the combined company's stock", HP added, saying it had also taken into account ... (more...)
Aramco IPO range values Saudi oil giant at up to $1.7 trillion
- November 17, 2019
Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world's biggest IPO, but missed Crown Prince Mohammed bin Salman's initial target of $2 trillion. But it is a bet on the price of oil at a time when global demand is expected to slow from 2025 due to measures to cut greenhouse gas emissions and rising use of electric vehicles. (more...)
- November 17, 2019
Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world's biggest IPO, but missed Crown Prince Mohammed bin Salman's initial target of $2 trillion. But it is a bet on the price of oil at a time when global demand is expected to slow from 2025 due to measures to cut greenhouse gas emissions and rising use of electric vehicles. (more...)
Australia's Qantas operates 19 1/2 hour London Sydney flight
- November 17, 2019
The passengers on the plane were mainly the employees of Qantas airline who were monitoring the sleep pattern, food intake, physical movement and other requirements in a flight. A Qantas spokesman told The Independent: "There was a misunderstanding on board, which seems to have been exacerbated by will.i.am wearing noise cancelling headphones and not being able to hear instructions from crew". (more...)
- November 17, 2019
The passengers on the plane were mainly the employees of Qantas airline who were monitoring the sleep pattern, food intake, physical movement and other requirements in a flight. A Qantas spokesman told The Independent: "There was a misunderstanding on board, which seems to have been exacerbated by will.i.am wearing noise cancelling headphones and not being able to hear instructions from crew". (more...)
It's official, Bill Gates is world's richest again
- November 17, 2019
Gates, on the other hand, may have never relinquished the top spot were it not for his philanthropy. Also, the company's cloud division AWS ( Amazon Web Services) lost an important $10 billion Pentagon project to Microsoft. The Bloomberg Billionaires Index is updated on a daily basis, though the ranking of the world's richest people does not fluctuate too much. Bezos was second on the list after topping it in 2018 with a net worth of $160 Bn. (more...)
- November 17, 2019
Gates, on the other hand, may have never relinquished the top spot were it not for his philanthropy. Also, the company's cloud division AWS ( Amazon Web Services) lost an important $10 billion Pentagon project to Microsoft. The Bloomberg Billionaires Index is updated on a daily basis, though the ranking of the world's richest people does not fluctuate too much. Bezos was second on the list after topping it in 2018 with a net worth of $160 Bn. (more...)
Defense Secretary says $10B Pentagon cloud contract 'conducted fairly,' despite Amazon dispute
- November 17, 2019
The Joint Enterprise Defense Infrastructure project - known as JEDI - is created to modernise the antiquated data and communication systems within the United States military. Requested if anything would prevent OpenAI abilities reaching the Pentagon, the lab's CEO, Sam Altman, said its contract with Microsoft requires "mutual agreement" sooner than any particular abilities from the lab will also be commercialized by the software program massive. (more...)
- November 17, 2019
The Joint Enterprise Defense Infrastructure project - known as JEDI - is created to modernise the antiquated data and communication systems within the United States military. Requested if anything would prevent OpenAI abilities reaching the Pentagon, the lab's CEO, Sam Altman, said its contract with Microsoft requires "mutual agreement" sooner than any particular abilities from the lab will also be commercialized by the software program massive. (more...)
Instagram tests hiding Like counts globally
- November 17, 2019
Instagram will be testing this with a select number of users, so you may or may not see the likes counter disappear. While the feedback from early testing in Australia , Brazil, Canada, Ireland, Italy, Japan and New Zealand has been positive, this is a fundamental change to Instagram , and so we're continuing our test to learn more from our global community. (more...)
- November 17, 2019
Instagram will be testing this with a select number of users, so you may or may not see the likes counter disappear. While the feedback from early testing in Australia , Brazil, Canada, Ireland, Italy, Japan and New Zealand has been positive, this is a fundamental change to Instagram , and so we're continuing our test to learn more from our global community. (more...)
Trump's Latest Trade War Comment Puts Oil Prices Under Pressure
- November 16, 2019
There were signs last week that a first-phase US-China deal would include a tariff rollback, but Trump made clear on Friday that an agreement hasn't yet been reached and that he wouldn't eliminate all levies. President Donald Trump's speech in NY on Tuesday disappointed investors, giving little insight on how the impasse with Beijing will be resolved, and warning of higher tariffs if a deal can't be reached. (more...)
- November 16, 2019
There were signs last week that a first-phase US-China deal would include a tariff rollback, but Trump made clear on Friday that an agreement hasn't yet been reached and that he wouldn't eliminate all levies. President Donald Trump's speech in NY on Tuesday disappointed investors, giving little insight on how the impasse with Beijing will be resolved, and warning of higher tariffs if a deal can't be reached. (more...)
Ford, Nissan Recall Vehicles With Fire Risks
- November 16, 2019
Should this happen, Nissan says "owners are advised to park the vehicle outdoors away from other vehicles and structures and to not drive the vehicle". In its second appearance in 2018, it was even bigger , with 215,000 owners getting a notice. The automaker says vehicles in the 2018 recall that haven't been repaired are included in the current recall. (more...)
- November 16, 2019
Should this happen, Nissan says "owners are advised to park the vehicle outdoors away from other vehicles and structures and to not drive the vehicle". In its second appearance in 2018, it was even bigger , with 215,000 owners getting a notice. The automaker says vehicles in the 2018 recall that haven't been repaired are included in the current recall. (more...)
Royal Mail general election strike blocked by High Court
- November 16, 2019
The High Court has ruled that CWU's postal ballot of Royal Mail employees for industrial action was unlawful. Royal Mail also said in a statement last week it had evidence that union officials "planned and orchestrated breaches of their legal obligations". (more...)
- November 16, 2019
The High Court has ruled that CWU's postal ballot of Royal Mail employees for industrial action was unlawful. Royal Mail also said in a statement last week it had evidence that union officials "planned and orchestrated breaches of their legal obligations". (more...)
Germany narrowly avoids recession with suprise GDP figures
- November 16, 2019
Manufacturers, whose exports have been a bedrock of German economic strength for decades, are struggling with weaker foreign demand, tariff disputes sparked by United States president Donald Trump's trade policies and business uncertainty linked to Britain's decision to leave the European Union. (more...)
- November 16, 2019
Manufacturers, whose exports have been a bedrock of German economic strength for decades, are struggling with weaker foreign demand, tariff disputes sparked by United States president Donald Trump's trade policies and business uncertainty linked to Britain's decision to leave the European Union. (more...)
China trade deal near, but Trump not signing yet
- November 16, 2019
The Japanese yen and Swiss franc, both beneficiaries of a flight to quality, weakened. On the economic side, the US economic data was bleak with Core Retail Sales coming in below expectations. A USA demand that China spell out how it plans to reach as much as US$50 billion in agricultural imports annually has been one sticking point as have discussions over what action the USA will take to roll back tariffs in return for a phase one deal, people familiar said. (more...)
- November 16, 2019
The Japanese yen and Swiss franc, both beneficiaries of a flight to quality, weakened. On the economic side, the US economic data was bleak with Core Retail Sales coming in below expectations. A USA demand that China spell out how it plans to reach as much as US$50 billion in agricultural imports annually has been one sticking point as have discussions over what action the USA will take to roll back tariffs in return for a phase one deal, people familiar said. (more...)
UBC advises exchange students in Hong Kong to leave amid clashes
- November 16, 2019
Meanwhile, authorities including police and government officials, but also citizens watching with growing concern, have condemned the universities for inciting risky violence. A University of Bristol spokesperson said that the safety of students and teachers are their top priority: "Like many other United Kingdom universities, we do have a small number of students now studying and living in Hong Kong". (more...)
- November 16, 2019
Meanwhile, authorities including police and government officials, but also citizens watching with growing concern, have condemned the universities for inciting risky violence. A University of Bristol spokesperson said that the safety of students and teachers are their top priority: "Like many other United Kingdom universities, we do have a small number of students now studying and living in Hong Kong". (more...)
China's Oct property investment, sales growth at 3-month low
- November 16, 2019
Asian stocks fell after the softer-than-expected data, which reinforced concerns the trade war was hurting one of the world's largest drivers of economic growth. Private sector fixed-asset investment, which accounts for 60 per cent of the country's total investment, grew 4.4 per cent in January-October. Moody's said in October that liquidity remains adequate for most rated Chinese property developers despite tighter financing controls, but refinancing risk will likely increase for weaker ... (more...)
- November 16, 2019
Asian stocks fell after the softer-than-expected data, which reinforced concerns the trade war was hurting one of the world's largest drivers of economic growth. Private sector fixed-asset investment, which accounts for 60 per cent of the country's total investment, grew 4.4 per cent in January-October. Moody's said in October that liquidity remains adequate for most rated Chinese property developers despite tighter financing controls, but refinancing risk will likely increase for weaker ... (more...)
Elizabeth Warren rips into billionaires who oppose wealth tax in scathing ad
- November 15, 2019
Ms Warren is now a front-runner in the 2020 race to the White House. The ad blasted hedge-fund manager Leon Cooperman and former Goldman Sachs CEO Lloyd Blankfein, as well as TD Ameritrade founder Joe Ricketts and PayPal cofounder Peter Thiel , both of whom have donated heavily in support of President Trump. (more...)
- November 15, 2019
Ms Warren is now a front-runner in the 2020 race to the White House. The ad blasted hedge-fund manager Leon Cooperman and former Goldman Sachs CEO Lloyd Blankfein, as well as TD Ameritrade founder Joe Ricketts and PayPal cofounder Peter Thiel , both of whom have donated heavily in support of President Trump. (more...)
Police Identify And Charge Murder Suspect In Popeyes Chicken Sandwich Stabbing
- November 15, 2019
A racist woman was entire body-slammed in the parking large amount of one the chain's locations, an employee was caught getting ready sandwiches in excess of a rubbish and someone was even fatally stabbed for crying out loud! McClain reportedly got into an argument with Davis inside the Popeyes on November 4 after the victim cut several people in a line designated specifically for those who were waiting to order the chain's in-demand chicken sandwich. (more...)
- November 15, 2019
A racist woman was entire body-slammed in the parking large amount of one the chain's locations, an employee was caught getting ready sandwiches in excess of a rubbish and someone was even fatally stabbed for crying out loud! McClain reportedly got into an argument with Davis inside the Popeyes on November 4 after the victim cut several people in a line designated specifically for those who were waiting to order the chain's in-demand chicken sandwich. (more...)
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