Markets
Hot sauce recall over 'bloated' bottles
- December 28, 2019
Bottles bought from Coles, Woolwoths and IGA, and independent supermarkets, along with Asia food shops, were included in the recall. "As there is import of the implicated product into Singapore, the Singapore Food Agency has directed the importer, TC Import & Export Pte Ltd, to recall the product". (more...)
- December 28, 2019
Bottles bought from Coles, Woolwoths and IGA, and independent supermarkets, along with Asia food shops, were included in the recall. "As there is import of the implicated product into Singapore, the Singapore Food Agency has directed the importer, TC Import & Export Pte Ltd, to recall the product". (more...)
Federal Minimum Age To Buy Tobacco Raised To 21
- December 28, 2019
On Dec. 20, President Trump signed legislation increasing the federal legal minimum age to buy tobacco products from 18 to 21. It wasn't immediately clear when the new age limit would take effect. What is clear is that there will be more questions in the coming weeks, as the change moves forward. "While there are unanswered questions about when FDA plans to enforce this requirement and whether the agency can legally enforce it before updating its regulations, retailers should be aware that ... (more...)
- December 28, 2019
On Dec. 20, President Trump signed legislation increasing the federal legal minimum age to buy tobacco products from 18 to 21. It wasn't immediately clear when the new age limit would take effect. What is clear is that there will be more questions in the coming weeks, as the change moves forward. "While there are unanswered questions about when FDA plans to enforce this requirement and whether the agency can legally enforce it before updating its regulations, retailers should be aware that ... (more...)
S&P 500, Dow edge up to records; Nasdaq win streak at risk
- December 28, 2019
Markets also responded to upbeat news on the US-China trade talks, after China's commerce ministry said it was in close contact with Washington over a deal. Market participants are now waiting for fourth-quarter earnings in January for indications as to whether sentiment among corporates has actually improved. (more...)
- December 28, 2019
Markets also responded to upbeat news on the US-China trade talks, after China's commerce ministry said it was in close contact with Washington over a deal. Market participants are now waiting for fourth-quarter earnings in January for indications as to whether sentiment among corporates has actually improved. (more...)
Tesla to begin delivering China-built Model 3 cars next week
- December 28, 2019
In October, the company said the locally built sedan will be priced at ~$50,000. The first 15 customers to get the cars on Dec 30 are Tesla employees, the company representative said to Reuters . That was on top of a roughly $3,600 government subsidy per auto clinched earlier in the same month. Earlier today, the China-built Model 3 was included on a list of vehicles qualifying for an exemption from a 10% purchase tax in the country. (more...)
- December 28, 2019
In October, the company said the locally built sedan will be priced at ~$50,000. The first 15 customers to get the cars on Dec 30 are Tesla employees, the company representative said to Reuters . That was on top of a roughly $3,600 government subsidy per auto clinched earlier in the same month. Earlier today, the China-built Model 3 was included on a list of vehicles qualifying for an exemption from a 10% purchase tax in the country. (more...)
Global stock index at new high; Nasdaq tops 9,000 for 1st time
- December 28, 2019
Smaller company stocks took the brunt of the selling. Japan's Nikkei-225 slipped 0.36% and China's Shanghai Composite edged down 0.09% while Hong Kong's Hang Seng jumped 1.3%. Apple was up 1.5% and Western Digital rose 1%. Investors drove up shares of stocks in defensive sectors, including household goods makers, real estate companies and utilities. (more...)
- December 28, 2019
Smaller company stocks took the brunt of the selling. Japan's Nikkei-225 slipped 0.36% and China's Shanghai Composite edged down 0.09% while Hong Kong's Hang Seng jumped 1.3%. Apple was up 1.5% and Western Digital rose 1%. Investors drove up shares of stocks in defensive sectors, including household goods makers, real estate companies and utilities. (more...)
Young girl dies on flight leaving Los Angeles
- December 27, 2019
Paramedics rushed to Gate 34 at Los Angeles International Airport at around 5.53pm but the girl was pronounced dead at the scene . "Delta Air Lines Flight 2423 to Seattle returned to LAX because of a passenger medical emergency", Federal Aviation Administration spokesman Ian Gregor said. (more...)
- December 27, 2019
Paramedics rushed to Gate 34 at Los Angeles International Airport at around 5.53pm but the girl was pronounced dead at the scene . "Delta Air Lines Flight 2423 to Seattle returned to LAX because of a passenger medical emergency", Federal Aviation Administration spokesman Ian Gregor said. (more...)
Free Starbucks pop-up parties through the month of December
- December 27, 2019
Starbucks is giving away tall handcrafted espresso drinks from 1 to 2 p.m.at over 1,000 locations nationwide until the new year. Beverage options include choice of a hot or iced beverage, including holiday drinks like Peppermint Mochas, Iced Toasted White Chocolate Mochas, lattes, macchiatos and more. (more...)
- December 27, 2019
Starbucks is giving away tall handcrafted espresso drinks from 1 to 2 p.m.at over 1,000 locations nationwide until the new year. Beverage options include choice of a hot or iced beverage, including holiday drinks like Peppermint Mochas, Iced Toasted White Chocolate Mochas, lattes, macchiatos and more. (more...)
Rivian Gets $1.3 Billion Investment in Electric Truck Venture
- December 27, 2019
Rivian's portfolio of electric vehicles includes the all-electric R1T pickup truck that has been showcased around the country by the automaker. With this round of funding, Rivian has now raised about $3.5 billion from investors in total. (more...)
- December 27, 2019
Rivian's portfolio of electric vehicles includes the all-electric R1T pickup truck that has been showcased around the country by the automaker. With this round of funding, Rivian has now raised about $3.5 billion from investors in total. (more...)
Recall issued for Trader Joe's egg and potato salads
- December 27, 2019
Two days later, Almark recalled 20, 23, and 25 pound plastic pails of eggs "sold primarily to further processing plants of egg products and restaurant chain suppliers", according to a recall notice . Throw them away, regardless of where you bought them or the use-by date. This does not include eggs that people have hard-boiled at home or dishes made with homemade hard-boiled eggs like egg salad. (more...)
- December 27, 2019
Two days later, Almark recalled 20, 23, and 25 pound plastic pails of eggs "sold primarily to further processing plants of egg products and restaurant chain suppliers", according to a recall notice . Throw them away, regardless of where you bought them or the use-by date. This does not include eggs that people have hard-boiled at home or dishes made with homemade hard-boiled eggs like egg salad. (more...)
Need last minute holiday items? Here are the stores open today
- December 27, 2019
Most major grocery stores are closed, along with the LCBO and Beer Store. The website says, "Only a handful of McDonald's restaurants open on Christmas Day, please refer to the restaurant locator to confirm if your local restaurant is open during the Christmas period and what times they are trading". (more...)
- December 27, 2019
Most major grocery stores are closed, along with the LCBO and Beer Store. The website says, "Only a handful of McDonald's restaurants open on Christmas Day, please refer to the restaurant locator to confirm if your local restaurant is open during the Christmas period and what times they are trading". (more...)
Suit: Flight Attendants Ignored Women After Sexual Assaults
- December 26, 2019
Both women reported the respective incidents to a flight attendant, according to the lawsuit. But the second woman told she was physically attacked in 2018 by a guy on a Denver to Florida flight on or about November 30. "Frontier can - and has a duty to - implement and enforce policies and procedures to prevent and deter in-flight sexual assaults and to properly respond to those that do occur, just as it does with other forms of passenger violence and disruption", the suit says. (more...)
- December 26, 2019
Both women reported the respective incidents to a flight attendant, according to the lawsuit. But the second woman told she was physically attacked in 2018 by a guy on a Denver to Florida flight on or about November 30. "Frontier can - and has a duty to - implement and enforce policies and procedures to prevent and deter in-flight sexual assaults and to properly respond to those that do occur, just as it does with other forms of passenger violence and disruption", the suit says. (more...)
Fog snarls flights at Chicago's O'Hare, Midway airports
- December 26, 2019
Several local flights out of the Dayton International Airport, Cincinnati Northern Kentucky International Airport, and Columbus' John Glenn International Airport were delayed. AAA reported that 115.6 million Americans are expected to travel during the 2019 holiday season, the most since AAA started tracking in 2000. O'Hare reported three cancellations, while Midway had 63. (more...)
- December 26, 2019
Several local flights out of the Dayton International Airport, Cincinnati Northern Kentucky International Airport, and Columbus' John Glenn International Airport were delayed. AAA reported that 115.6 million Americans are expected to travel during the 2019 holiday season, the most since AAA started tracking in 2000. O'Hare reported three cancellations, while Midway had 63. (more...)
SEC probes BMW for possible sales manipulation
- December 26, 2019
According to a report published Tuesday by the Wall Street Journal , BMW is being investigated by the Securities and Exchange Commission. Neither BMW nor the SEC responded immediately to Roadshow's request for comment. To resell them to consumers as used models, they typically have to do so at depressed prices. In the meantime, the retailers also have to foot the costs of carrying the cars in inventory. (more...)
- December 26, 2019
According to a report published Tuesday by the Wall Street Journal , BMW is being investigated by the Securities and Exchange Commission. Neither BMW nor the SEC responded immediately to Roadshow's request for comment. To resell them to consumers as used models, they typically have to do so at depressed prices. In the meantime, the retailers also have to foot the costs of carrying the cars in inventory. (more...)
Boris Johnson and Jeremy Corbyn praise NHS staff in Christmas message
- December 26, 2019
He praised the "generosity" and "solidarity" of communities at Christmas , when "the scale of injustice and inequality is in very plain sight", as he described how many will be helping at foodbanks or shelters. 'However Christmas is a chance to listen, have confidence and be wide awake the final things that bind us collectively: our compassion, our draw to care for injustice and our hope for a better world'. (more...)
- December 26, 2019
He praised the "generosity" and "solidarity" of communities at Christmas , when "the scale of injustice and inequality is in very plain sight", as he described how many will be helping at foodbanks or shelters. 'However Christmas is a chance to listen, have confidence and be wide awake the final things that bind us collectively: our compassion, our draw to care for injustice and our hope for a better world'. (more...)
US core capital goods orders tepid; shipments drop
- December 26, 2019
The two countries announced a "phase one" agreement earlier this month, under which the USA will reduce tariffs and China will buy more US farm products. Economists polled by Reuters had forecast core capital goods orders gaining 0.2 per cent in November. Core capital goods shipments are used to calculate equipment spending in the government's gross domestic product measurement. (more...)
- December 26, 2019
The two countries announced a "phase one" agreement earlier this month, under which the USA will reduce tariffs and China will buy more US farm products. Economists polled by Reuters had forecast core capital goods orders gaining 0.2 per cent in November. Core capital goods shipments are used to calculate equipment spending in the government's gross domestic product measurement. (more...)
Donald Trump says he and Xi Jinping will sign trade deal
- December 26, 2019
The US President further added that it would be a "quicker signing" because he and Xi "want to get it done" and the deal is complete. The trade agreement is expected to be signed in early January.The agreement allows for partially resolving the trade war between China and the United States that has cost hundreds of billions of dollars in tit-for-tat tariffs imposed on the other. (more...)
- December 26, 2019
The US President further added that it would be a "quicker signing" because he and Xi "want to get it done" and the deal is complete. The trade agreement is expected to be signed in early January.The agreement allows for partially resolving the trade war between China and the United States that has cost hundreds of billions of dollars in tit-for-tat tariffs imposed on the other. (more...)
YouTube removes crypto videos citing ‘harmful or risky content’
- December 26, 2019
According to the YouTuber, "not a single one" of the videos that have been removed from his channel violated YouTube's community guidelines. "It was literally a video about wallets, onboarding and places to use Bitcoin", says the creator. (more...)
- December 26, 2019
According to the YouTuber, "not a single one" of the videos that have been removed from his channel violated YouTube's community guidelines. "It was literally a video about wallets, onboarding and places to use Bitcoin", says the creator. (more...)
Tesla to Borrow $1.4 Billion for Shanghai Factory & China Operations
- December 26, 2019
Some of the banks included in the deal are China Construction Bank (CCB), Agricultural Bank of China (AgBank), Industrial and Commercial Bank of China (ICBC) and Shanghai Pudong Development Bank. Electric vehicle company Tesla ( TSLA ) is to take the equivalent of $1.4 billion in loans from Chinese banks to financially support its factory in Shanghai, sources told Reuters. (more...)
- December 26, 2019
Some of the banks included in the deal are China Construction Bank (CCB), Agricultural Bank of China (AgBank), Industrial and Commercial Bank of China (ICBC) and Shanghai Pudong Development Bank. Electric vehicle company Tesla ( TSLA ) is to take the equivalent of $1.4 billion in loans from Chinese banks to financially support its factory in Shanghai, sources told Reuters. (more...)
New satellite images show expansion of North Korea long-range missile plant
- December 26, 2019
This threat is believed to herald a new North Korean weapons test, possibly of an improved intercontinental-class ballistic missile (ICBM) capable of hitting targets in North America. "Let's see what happens", he added, speaking to reporters at the Mar-a-Lago resort in Florida. Trump has repeatedly held up the suspension of such tests as evidence that his policy of engaging with North Korea, which has involved unprecedented summits with Kim, was working. (more...)
- December 26, 2019
This threat is believed to herald a new North Korean weapons test, possibly of an improved intercontinental-class ballistic missile (ICBM) capable of hitting targets in North America. "Let's see what happens", he added, speaking to reporters at the Mar-a-Lago resort in Florida. Trump has repeatedly held up the suspension of such tests as evidence that his policy of engaging with North Korea, which has involved unprecedented summits with Kim, was working. (more...)
Winners of world's richest lottery 'El Gordo' celebrate
- December 26, 2019
The incredibly popular lottery, known as El Gordo (The Fat One), will dish out €2.24 billion (NZ$3.75 billion) in prizes this year. They will ge t a share of the jackpot in the country's 2.38 billion euro ($2.64 billion) lottery. Winners of Spain's " El Gordo " lottery were celebrating yesterday after more than €2 billion (RM9.15 billion) were paid out as the lucky numbers were announced live on national television. (more...)
- December 26, 2019
The incredibly popular lottery, known as El Gordo (The Fat One), will dish out €2.24 billion (NZ$3.75 billion) in prizes this year. They will ge t a share of the jackpot in the country's 2.38 billion euro ($2.64 billion) lottery. Winners of Spain's " El Gordo " lottery were celebrating yesterday after more than €2 billion (RM9.15 billion) were paid out as the lucky numbers were announced live on national television. (more...)
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