Canada announces billions in retaliatory tariffs against US

Our federal government is hoping Americans, particularly Republican politicians, won't be laughing when they realize their state will be hit hard by the tariffs that will increase the price of their products in the Canadian market. annually, with m... More..

by | Published more than a month ago
Marketing firm Exactis leaks personal data of 340 million people
by | Saturday, June 30, 2018

Marketing firm Exactis leaks personal data of 340 million people

Security researcher Vinny Troia found that almost 2 terabytes of data were exposed, which includes records of 230 million consumers and 110 million businesses. "I don't know where the data is coming from, bu...More..

Trump claims Saudi Arabia agreed to oil production hike, Riyadh doesn’t confirm
by | Saturday, June 30, 2018

Trump claims Saudi Arabia agreed to oil production hike, Riyadh doesn’t confirm

Donald Trump has asked Saudi Arabia to drastically increase its oil production, citing " turmoil and dysfunction " in Iran and Venezuela. Iran has accused Trump of trying to politicize OPEC and said it w...More..

Crude oil futures up at Rs 4,615 per barrel
by | Saturday, June 30, 2018

Crude oil futures up at Rs 4,615 per barrel

State oil company Saudi Aramco is aiming to boost production next month to about 10.8 million barrels a day, the report here said. Stocks were also propelled upward by shares of consumer discretionary compani...More..

by | Saturday, June 30, 2018

Donald Trump says Saudi king has agreed to ramp up oil production

Benchmark Brent crude LCOc1 was up $1.54 at $79.39 a barrel after jumping as much as $1.85 to session high of $79.70. The world's top oil exporter plans to pump as much as 11 million barrels of oil per day (b...More..

As Toys ‘R’ Us Closes For Good, Workers Campaign For Severance
by | Saturday, June 30, 2018

As Toys ‘R’ Us Closes For Good, Workers Campaign For Severance

An obvious frontrunner will be Party City, which hired Jamie Uitdenhowen, a former top executive at Toys "R" Us , as its chief merchandising officer in December 2017 (three months after Toys "R" Us filed for ...More..

Polaris May Join Harley-Davidson In Overseas Production Move
by | Saturday, June 30, 2018

Polaris May Join Harley-Davidson In Overseas Production Move

His visit comes just days after the state's famous motorcycle manufacturer, Harley Davidson warned it was moving some production overseas to avoid new tariffs. Foxconn officials have set two open houses for Fri...More..

by | Saturday, June 30, 2018

GM warns on vehicle tariffs: Customers will feel impact

GM operates 47 US manufacturing facilities and employs about 110,000 people in the United States. "Increased import tariffs could lead to a smaller GM, a reduced presence at home and overseas for this iconic ...More..

Automakers warn USA tariffs will cost hundreds of thousands of jobs
by | Saturday, June 30, 2018

Automakers warn USA tariffs will cost hundreds of thousands of jobs

Build them here!" Rather than promote employment, the 25% tariffs that the Trump administration is reportedly considering would spur hundreds of thousands of American job losses, according to the groups. Memb...More..

Opposition slams BJP govt for rise in Swiss bank deposits in 2017
by | Friday, June 29, 2018

Opposition slams BJP govt for rise in Swiss bank deposits in 2017

On the increase in Swiss banks deposits , Jaitley said: "Indian (s)' money outside the country is of various categories". The finance minister claimed that the "experience of the Panama Papers", and "investi...More..

Carbon dioxide shortage leaves United Kingdom feeling flat
by | Friday, June 29, 2018

Carbon dioxide shortage leaves United Kingdom feeling flat

Booker - which was bought by Tesco earlier this year - said customers including pubs, restaurants and stores were already being given limited stocks. " We're now back to normal and coping thanks to contingency...More..

Amazon Is Drafting Entrepreneurs to Help It Win the Delivery Wars
by | Friday, June 29, 2018

Amazon Is Drafting Entrepreneurs to Help It Win the Delivery Wars

Entrepreneurs can deliver Amazon packages as part of its Delivery Service Partners program . "This would give even more bargaining power to Amazon by making the worker reliant on them for wages, schedu...More..

Boeing's concept jet could fly NY to London in 2 hours
by | Friday, June 29, 2018

Boeing's concept jet could fly NY to London in 2 hours

If the company has its way, it'll get these hypersonic jets in the air in about 20 to 30 years from now - which, coincidentally, is about as long as every layover in Chicago O'Hare feels. It will only be able t...More..

China Tries To Defuse Trade Pressure, Says World Benefits
by | Friday, June 29, 2018

China Tries To Defuse Trade Pressure, Says World Benefits

China's Shanghai Composite index was gaining 0.2 percent, erasing early losses while the yuan fell on concerns about the economic outlook. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.25 ...More..

Elon Musk & Lisa Prank Fight Over Farting Unicorn Drawing
by | Friday, June 29, 2018

Elon Musk & Lisa Prank Fight Over Farting Unicorn Drawing

While the phrase "farting unicorn" makes this news - as reported by the Guardian - hard to take seriously, it is ultimately a high-profile case of the kind of intellectual property theft by which arti...More..

Ticketmaster customers' card details may have been hacked
by | Friday, June 29, 2018

Ticketmaster customers' card details may have been hacked

Ticketmaster says it disabled the Inbenta widget on all of its sites on Saturday, after discovering the breach. "Some personal or payment information may have been accessed by an unknown third party", it ad...More..

JetBlue aircraft's radio silence prompts police response at JFK
by | Friday, June 29, 2018

JetBlue aircraft's radio silence prompts police response at JFK

Passenger Tony Schwartz tweeted: "I am on a JetBlue flight at JFK that lost its communications". One passenger described the moment as "super scary" on Twitter. The incident came after the plane "experience...More..

Trump Promises to 'Even Out' Auto Industry Trade Imbalance
by | Friday, June 29, 2018

Trump Promises to 'Even Out' Auto Industry Trade Imbalance

Last year, £171 billion worth of cars were exported from the European Union, with the USA accounting for 25%. Convertible sales already are dwindling in the US, according to figures compiled by LMC Automoti...More..

Instagram Lite is a 573KB Android Application Aimed at Developing Countries
by | Friday, June 29, 2018

Instagram Lite is a 573KB Android Application Aimed at Developing Countries

Facebook has launched a " Lite " app for Instagram in the Google Play Store , which is significantly smaller than the full app, TechCrunch reported . Because Instagram Lite is so nimble, users will not...More..

Rupee breaches 69-mark against United States dollar, recovers marginally to 68.91
by | Friday, June 29, 2018

Rupee breaches 69-mark against United States dollar, recovers marginally to 68.91

ET NOW's Poonam explains what what has caused this slump. A surge in oil prices over the past year to around $78 a barrel has meant more rupees are needed to purchase crude. The RBI's battle to contain a fa...More..

Donald Trump's Tariffs Have Europe Cozying Up to China
by | Friday, June 29, 2018

Donald Trump's Tariffs Have Europe Cozying Up to China

The IEEPA statute allows the president to unilaterally impose investment limits. It's all but certain the Chinese will raise those issues with Mattis, as well as Beijing's long-held opposition to increasi...More..

BMW would shut United Kingdom plants if Brexit hits supply chain
by | Friday, June 29, 2018

BMW would shut United Kingdom plants if Brexit hits supply chain

Asked about the impact of Brexit uncertainty on any new production in Britain, Robertson said there were no investment choices to be made on that front. But he said BMW would be forced to invest in new custom...More..

Trade worries weigh on Wall Street, tech stocks suffer
by | Thursday, June 28, 2018

Trade worries weigh on Wall Street, tech stocks suffer

Its stock fell 1.4 percent to $43.59. Tokyo's Nikkei 225 shed 0.8% and in South Korea the Kospi was little changed. The Russell 2000 index of smaller-company stocks slid 28.07 points, or 1.7%, to 1,657.51. All ...More..

If you make $100K in San Francisco you are considered low income
by | Thursday, June 28, 2018

If you make $100K in San Francisco you are considered low income

The Department of Housing and Urban Development (HUD) released new data on income nationwide this week. San Francisco , a city of 870,000 was once so diverse it was known as Baghdad by the Bay, but it has ...More..

White House announces that U.S. will not impose limits on Chinese investment
by | Thursday, June 28, 2018

White House announces that U.S. will not impose limits on Chinese investment

The White House opted for a less confrontational approach with the US economic rival and closer cooperation with Congress. Treasury Secretary Steven Mnuchin is optimistic on US economic growth. After fears th...More..

Turkey's Erdogan Takes on New Powers
by | Thursday, June 28, 2018

Turkey's Erdogan Takes on New Powers

Turkish President Tayyip Erdogan won sweeping new executive powers on Monday after his victory in landmark elections that also saw his AK Party and its nationalist allies secure a majority in parliament. "So I...More..

Donald Trump attacks Harley-Davidson for moving production away from the US
by | Thursday, June 28, 2018

Donald Trump attacks Harley-Davidson for moving production away from the US

On Friday, the European Union began to tax early $3.3 billion worth of imports from the US, including Harley-Davidson motorcycles , in response to the Trump administration's 25 and 10 percent tariffs on ...More..

President warns Harley-Davidson: 'We won't forget'
by | Wednesday, June 27, 2018

President warns Harley-Davidson: 'We won't forget'

It follows a proposed plan by Harley-Davidson to move some of its production overseas . "Increasing global production to alleviate the European Union tariff burden is not the company's preference, but represen...More..

Mattis Arrives in China: What to Expect From the Visit
by | Wednesday, June 27, 2018

Mattis Arrives in China: What to Expect From the Visit

Both China and the European Union are locked in trade disputes with the United States, which has led the two sides to find common ground to counter Trump administration's growing trade protectionism. "The mar...More..

Trump Calls On Allies to Quit Buying Iranian Fuel. Oil Prices Soar
by | Wednesday, June 27, 2018

Trump Calls On Allies to Quit Buying Iranian Fuel. Oil Prices Soar

West Texas Intermediate crude for August delivery rose as much as 91 cents to $71.44 a barrel on the New York Mercantile Exchange, and traded at $71.40 as of 9:14 a.m. "Despite the OPEC agreement (last week) ...More..

Iran protesters confront police at parliament
by | Wednesday, June 27, 2018

Iran protesters confront police at parliament

Other videos appear to show the protestors chanting , "Death to dictator". Protester also were heard chanting, "We will die, will take back Iran", and, " Iranians will die, will not accept humiliation", a...More..

Gasoline Price Set To Soar Despite OPEC Deal
by | Wednesday, June 27, 2018

Gasoline Price Set To Soar Despite OPEC Deal

U.S. Energy Secretary Rick Perry said on Monday a deal between global oil producers to boost crude output reached last week may not be enough to relieve global oil markets that are stressed by supply constrai...More..

Liberman adds fuel to Iran protests slamming Tehran's support for terror groups
by | Wednesday, June 27, 2018

Liberman adds fuel to Iran protests slamming Tehran's support for terror groups

He also firmly added that that the USA will surely be requesting both the countries to bring down their export of oil with Iran to zero per cent. A State Department briefing on Tuesday confirmed that Washing...More..

Trump threatens Harley-Davidson over European production move
by | Wednesday, June 27, 2018

Trump threatens Harley-Davidson over European production move

Tearing into Germany, he said , "They send Mercedes, they send BMWs, they send everything; we tax them practically nothing". And Harley-Davidson probably isn't the last company that will change its plans as ...More..

Treasury Secretary Steven Mnuchin dismisses reports of restrictions on Chinese tech investment
by | Wednesday, June 27, 2018

Treasury Secretary Steven Mnuchin dismisses reports of restrictions on Chinese tech investment

Katainen said he did not expect negotiations on updating trade rules to be easy but that they were necessary to save the environment for multilateral trade. Shares recently hit a new all-time high . The US i...More..