Assault weapons ban tabled by Virginia Senate Committee

Virginia's House of Delegates passed HB961 by a vote of 51-48 on Tuesday. Cheers erupted in the committee room packed with gun supporters as senators voted to put the bill on hold for a year so that the state's crime commission could further stud... More..

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Alstom nears deal to buy Bombardier's train unit
by | Tuesday, February 18, 2020

Alstom nears deal to buy Bombardier's train unit

The deal risks leaving Siemens out in the cold following several years of exploratory talks alongside Bombardier and Alstom on rail joint ventures. Including liabilities, the total deal is worth US$8.2 billion,...More..

Jeff Bezos Will Attack Climate Change With His Own $10 Billion
by | Tuesday, February 18, 2020

Jeff Bezos Will Attack Climate Change With His Own $10 Billion

In his post, Bezos said the money would help finance advancements in science and supplement activist work through grants. The richest man in the world , Bezos has an estimated net worth of $129.9 billion, so...More..

Tesla compelled to pause Berlin Gigafactory work after problem from environmentalists
by | Tuesday, February 18, 2020

Tesla compelled to pause Berlin Gigafactory work after problem from environmentalists

Tesla was granted the permission to clear 92 hectares (227 acres) of forest for the Gigafactory. A German court has forced Tesla to briefly stop prep work work for its Gigafactory near Berlin after neighborho...More..

Pier 1 Imports Files for Chapter 11 Bankruptcy, Now For Sale
by | Monday, February 17, 2020

Pier 1 Imports Files for Chapter 11 Bankruptcy, Now For Sale

Pier 1 said it had received a commitment of about $256 million in debtor-in-possession financing from Bank of America, Wells Fargo National Association, and Pathlight Capital LP. A hearing is scheduled for Tues...More..

Jupiter Fund Confirms 'Advanced' Talks to Buy Merian Global
by | Monday, February 17, 2020

Jupiter Fund Confirms 'Advanced' Talks to Buy Merian Global

London-based Jupiter will manage more than 65 billion pounds of assets after the deal, the company's first acquisition. Jupiter chief executive Andrew Formica said: "This is an exciting acquisition that enhan...More..

Wendy's Employees Fired After Posting A Video Of Someone Bathing In Sink
by | Monday, February 17, 2020

Wendy's Employees Fired After Posting A Video Of Someone Bathing In Sink

Originally posted on TikTok , the video was shared on Facebook , where it quickly went viral. The incident is said to have happened the previous week at Wendy's restaurant on North Lafayette Street in Green...More..

Wales bears the brunt as deadly storm Dennis hammers the United Kingdom
by | Monday, February 17, 2020

Wales bears the brunt as deadly storm Dennis hammers the United Kingdom

Storm Dennis has been battering Britain all weekend, with the U.K.'s national weather service, the Meteorological Office, issuing a red warning - the highest level of warning - for rain in South Wales on S...More..

Holden To Be Axed In Australia At The End Of 2020
by | Monday, February 17, 2020

Holden To Be Axed In Australia At The End Of 2020

General Motors says it's pulling out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments. GM Senior Vice President and President GM I...More..

Tesla slumps as it announces $2bn stock offering
by | Monday, February 17, 2020

Tesla slumps as it announces $2bn stock offering

The majority of the cash will be raised through the $2 billion public offering, while the sale's underwriters have a 30-day option to purchase an additional $300 million worth of common stock. The stock offerin...More..

AG Healey Suing JUUL Over Alleged Targeting Of Teens
by | Monday, February 17, 2020

AG Healey Suing JUUL Over Alleged Targeting Of Teens

Manderski, also from the Center and School of Public Health, and Cristine Delnevo, director of the Rutgers Center for Tobacco Studies. "This is the first real window into JUUL's marketing plan and what it m...More..

Sanders Will 'Ruin' US Economy, Ex-Goldman Sachs CEO Says
by | Sunday, February 16, 2020

Sanders Will 'Ruin' US Economy, Ex-Goldman Sachs CEO Says

Former Goldman Sachs head Lloyd Blankfein and U.S. Treasury Secretary Steven Mnuchin both said that Democratic presidential candidate Bernie Sanders would destroy the U.S. Sanders is a self-proclaimed Democra...More..

Bombardier exiting commercial plane business due to massive debt
by | Sunday, February 16, 2020

Bombardier exiting commercial plane business due to massive debt

The deal increases Airbus's share in the A220 program to 75% from just over 50%, while Quebec's stake rises to 25% from 16%. Bombardier sold its Belfast operation to U.S. While high-margin jet deliveries co...More..

US court rules Apple must pay California workers during bag checks
by | Sunday, February 16, 2020

US court rules Apple must pay California workers during bag checks

Apple has 52 shops in California, nonetheless actually didn't promptly remark or declare simply how a lot the judgment could set you again among the many globe's most prosperous know-how enterprise. The process...More..

Barclays CEO under British investigation for ties to Jeffrey Epstein
by | Sunday, February 16, 2020

Barclays CEO under British investigation for ties to Jeffrey Epstein

The two were introduced in 2000, when Staley was asked to run JPMorgan Chase & Co.'s private bank, where Epstein was already a client. "Mr Staley also confirmed to the board that he has had no contact whatsoeve...More..

Euro zone GDP slows as expected in Q4, but employment beats consensus
by | Sunday, February 16, 2020

Euro zone GDP slows as expected in Q4, but employment beats consensus

While forecasts point towards a steady monthly reading of 0.1% markets are wary of the potential for a downside disappointment. Over the whole year, the annual growth rate of 0.6 percent was Germany's worst s...More..

China reports 2641 new confirmed cases of coronavirus infection, 143 new deaths
by | Saturday, February 15, 2020

China reports 2641 new confirmed cases of coronavirus infection, 143 new deaths

Nine temporary hospitals with more than 6,960 beds have opened in China's Hubei province to treat patients infected with the coronavirus, a senior official with the National Health Commission (NHC) said on Sa...More..

Hong Kong, Singapore Sevens postponed
by | Saturday, February 15, 2020

Hong Kong, Singapore Sevens postponed

Concerns over the coronavirus outbreak could reportedly lead to both the Hong Kong and Singapore Sevens tournaments being postponed. The Hong Kong and Singapore rounds have now been moved from April t...More..

Amazon Wins Suit Suspending $10bn Microsoft US Military Contract
by | Saturday, February 15, 2020

Amazon Wins Suit Suspending $10bn Microsoft US Military Contract

A federal judge on Thursday temporarily blocked the United States military from awarding a $10 billion cloud computing contract to Microsoft , after Amazon claimed the process was tainted by politics. Pe...More..

AGR case: DoT’s ‘desk officer’ issued order after senior official’s nod
by | Saturday, February 15, 2020

AGR case: DoT’s ‘desk officer’ issued order after senior official’s nod

The telecom companies had contested the government's definition of revenues subject to tax. Please ask the desk officer to withdraw that dot order or he will go behind the bars by evening. "It is directed to ta...More..

Shareholders liquidate regional carrier Air Italy
by | Saturday, February 15, 2020

Shareholders liquidate regional carrier Air Italy

Air Italy is the nation's second largest carrier behind Alitalia . Air Italy announced that flights will continue until February 25, while flights booked at a later date will be recovered or produced by...More..

Opec chops global oil demand growth forecast over China virus
by | Saturday, February 15, 2020

Opec chops global oil demand growth forecast over China virus

China is the largest importer of crude oil in the world, and the second largest economy after the US. Chinese demand had been expected to stay flat in 2020, but the virus epidemic has thrown this prospect int...More..

RBNZ Sets Bullish Tone; Drops Chance of Rate Cut This Year
by | Saturday, February 15, 2020

RBNZ Sets Bullish Tone; Drops Chance of Rate Cut This Year

The two-year swap rate climbed to a bid price of 1.1600 per cent from 1.1550 yesterday while 10-year swaps rose to 1.5300 per cent from 1.5050. The RBNZ assumes the economy will grow faster than its potential...More..

Kenney says ongoing rail blockade risks becoming economic crisis
by | Saturday, February 15, 2020

Kenney says ongoing rail blockade risks becoming economic crisis

VIA Rail was reportedly issued a notice from the company's infrastructure owner, CN Rail, that says "that they are no longer in a position to fulfill their obligations under the Train Service Agreement". Many p...More..

Newspaper giant McClatchy, owner of Miami Herald, files for bankruptcy
by | Friday, February 14, 2020

Newspaper giant McClatchy, owner of Miami Herald, files for bankruptcy

It's also paid off about $153.5 million in debt in the same period. Last September, the New York Stock Exchange placed the company on notice that if it did not reverse its declining stock price, it would be d...More..

IBM Chooses Slack Over Microsoft Teams As Workplace Collaboration Competition Heats Up
by | Friday, February 14, 2020

IBM Chooses Slack Over Microsoft Teams As Workplace Collaboration Competition Heats Up

According to a Busines Insider report , IBM is going all-in with Slack to help support communications of its 350,000 employees in the near future. The rivalry between the two has been somewhat strained rec...More..

British finance minister Sajid Javid quits in Cabinet reshuffle
by | Friday, February 14, 2020

British finance minister Sajid Javid quits in Cabinet reshuffle

Harry Lambert, a special correspondent with the New Statesman wrote an extensive profile of the Prime Minister's closest adviser Dominic Cummings , has told James O'Brien the decision was underscored by effort...More..

India's retail inflation rises to 7.59 percent in January
by | Friday, February 14, 2020

India's retail inflation rises to 7.59 percent in January

According to Subramanian's assessment, core inflation (headline retail inflation minus food and fuel ) stood at 4.2 per cent. India's wholesale inflation accelerated to 3.1% in January, driven up by fuel...More..

China's coronavirus toll revised downward after deaths double-counted
by | Friday, February 14, 2020

China's coronavirus toll revised downward after deaths double-counted

Shanghai mayor to serve as top party official in hard-hit Hubei province as health official struggle to deal with cases of COVID-19, the illness caused by a novel coronavirus. Paul Hunter, a professor of health...More..

by | Friday, February 14, 2020

Amazon wins order suspending $10 bn Microsoft US military contract

Amazon lated alleged bias on the part of President Donald Trump against Amazon CEO Jeff Bezos resulted in an unfair process. The project, known as Joint Enterprise Defense Infrastructure, or JEDI , wil...More..

Evacuated From Singapore Office After Coronavirus Case Confirmed
by | Friday, February 14, 2020

Evacuated From Singapore Office After Coronavirus Case Confirmed

The government has been trying to calm nerves after it raised the virus alert level last week, sparking panic buying of essentials such as rice and toilet paper. Buildings in the area have stepped up preventive...More..

Tesla plans $2 billion offering amid stock boom
by | Friday, February 14, 2020

Tesla plans $2 billion offering amid stock boom

Tesla officials have maintained for some time that they have no plans to raise any new funds, including through a new stock sale. At Tuesday's closing price of $767.29 per share, the offering is valued at $2.0...More..

Why are indigenous groups protesting a Canada gas pipeline?
by | Friday, February 14, 2020

Why are indigenous groups protesting a Canada gas pipeline?

February 11 - CN stops transport between Prince George, B.C., and Prince Rupert, B.C., because of a blockade near Hazelton, B.C. The company says it has halted more than 150 freight trains since blockades start...More..

Hyundai will make cheap EVs based on Canoo's subscription pods
by | Friday, February 14, 2020

Hyundai will make cheap EVs based on Canoo's subscription pods

Canoo's skateboard design places not only the battery but also the motor and controller under the passenger area, giving more interior space and flexibility in designing a auto. Seeing great potential on the s...More..

Airbus posts net loss of 1.36 bln euros in 2019
by | Friday, February 14, 2020

Airbus posts net loss of 1.36 bln euros in 2019

A weaker sales outlook for the military transporter led to a 1.21 billion euro charge and will continue to weigh in coming years, Airbus said on Thursday. The long-delayed A400M programme a year ago delivered 1...More..