Trump pushes penalties on foreign cars after GM announces layoffs

The publication said Trump could make the move as soon as next week, now that the Commerce Department has presented him with a report that he asked for on the possibility of doing so on "national security" grounds-the same justification the presi... More..

by | Published more than a month ago
Argentina tightens security in Buenos Aires ahead of G20 summit
by | Friday, November 30, 2018

Argentina tightens security in Buenos Aires ahead of G20 summit

Argentina , host of the Group of 20 (G20) meetings this year, sees a key role for the multilateral platform in forging consensus on trade and global development issues, Argentine Foreign Affairs Minister Jorge ...More..

Microsoft tops Apple as world's most valuable company
by | Friday, November 30, 2018

Microsoft tops Apple as world's most valuable company

However, for a brief moment on Monday, Microsoft surpassed Apple to become the most valuable company in the world. Apple stock is on pace to have its worst month since 2008 , dropping 21% and wiping out over...More..

Deutsche Bank POLICE RAID: Investigators STORM Frankfurt HQ - shares plummet 3 percent
by | Thursday, November 29, 2018

Deutsche Bank POLICE RAID: Investigators STORM Frankfurt HQ - shares plummet 3 percent

Other Deutsche offices in the city were searched in an operation involving about 170 police and officials. The Panama Papers - millions of documents from Panamanian law firm Mossack Fonseca - were leake...More..

Nasdaq May Soon Launch Bitcoin Futures in 2019
by | Thursday, November 29, 2018

Nasdaq May Soon Launch Bitcoin Futures in 2019

As well, over the past year, during the public consultation processes, the SEC has been conducting while it considers approving Bitcoin exchange-traded funds (ETFs), the regulator has been repeatedly warned a...More..

May won't rule out no-deal Brexit; bank says firms not ready
by | Thursday, November 29, 2018

May won't rule out no-deal Brexit; bank says firms not ready

Carney added: "To be clear the Bank is ready for Brexit ..." But his assessment enraged Brexiteers and business analysts who said the 53-year-old Canadian was doing more harm by scaremongering about an economi...More..

UNIFOR not letting GM leave Oshawa without a fight
by | Thursday, November 29, 2018

UNIFOR not letting GM leave Oshawa without a fight

He says instead, the province will immediately bolster unemployment insurance and retraining measures to help the almost 3,000 workers who will lose their jobs. "I don't know if I will be here next week", he sa...More..

Cryptocurrencies hit hard as Ethereum falls to 16-month low
by | Thursday, November 29, 2018

Cryptocurrencies hit hard as Ethereum falls to 16-month low

Ripple (XRP ) which dethroned Ethereum from the second spot on CoinMarketCap table on the 15th of November, continues to perform excellently. Mainstream investors have stayed clear of bitcoin , with concer...More..

OPEC likely to cut output between 1 million and 1.5 million barrels
by | Thursday, November 29, 2018

OPEC likely to cut output between 1 million and 1.5 million barrels

However, on November 5, as the sanctions went into effect, the USA announced waivers to eight nations that buy Iranian oil , including for three large buyers. Saudi Arabia's energy minister had said in Octob...More..

Senate passes back-to-work legislation to end Canada Post rotating strikes
by | Thursday, November 29, 2018

Senate passes back-to-work legislation to end Canada Post rotating strikes

However, the legislation could be delayed by a number of factors, such as amendments. Negotiations have been underway for almost a year but the dispute escalated when CUPW members launched rotating strikes ...More..

Trump Says 'Not Even a Little Bit Happy' with Fed's Powell
by | Thursday, November 29, 2018

Trump Says 'Not Even a Little Bit Happy' with Fed's Powell

Powell, whom he nominated a year ago. President Donald Trump listens to a question during a signing ceremony at the White House. So far, I'm not even a little bit happy with my selection of Jay [Powell for Fe...More..

Trump eyes more China tariffs, pushing total upwards of $500bn
by | Wednesday, November 28, 2018

Trump eyes more China tariffs, pushing total upwards of $500bn

The dinner with Xi is scheduled as one of the last events on Trump's itinerary there before he returns to Washington , Kudlow said. Reports suggest that the U.S. Chinese officials have said that putting off ...More..

Pub employment figures defy recent closures
by | Wednesday, November 28, 2018

Pub employment figures defy recent closures

Remaining pubs also appear to have "soaked up" the customers from the pubs that have shut down. There are also far fewer pubs in areas around Manchester, such as Rochdale, where there are now a net 105 fewer ...More..

Why is GM making such drastic cuts now?
by | Wednesday, November 28, 2018

Why is GM making such drastic cuts now?

It will also close two factories outside North America, but did not identify them. "We estimate sedans operate at a significant loss, hence the need for classic restructuring", he wrote. The couple has an 11-...More..

Trump threatens a 25% tariff on the iPhone and Apple laptops
by | Wednesday, November 28, 2018

Trump threatens a 25% tariff on the iPhone and Apple laptops

Trump and Xi are scheduled to meet this week at the Group of 20 (G20) summit in Argentina, where they are supposed to discuss, among other issues, the ongoing trade war between the world's two biggest economies...More..

Microsoft's stock market value catches up with Apple
by | Tuesday, November 27, 2018

Microsoft's stock market value catches up with Apple

The slump took the company's market cap briefly below that of Microsoft Corp.'s on Monday, the first time in more than eight years that Microsoft was worth more by this metric. Microsoft and Apple were bitter r...More..

by | Tuesday, November 27, 2018

Apple drops after Trump threatens tariffs on iPhones from China

Trump made his comments in an interview for the Wall Street Journal which was published Monday, just four days before his scheduled meeting with Chinese President Xi Jinping , CNBC reported. The administra...More..

Ruckus at Houston-area ATM after it spits out $100 bills
by | Tuesday, November 27, 2018

Ruckus at Houston-area ATM after it spits out $100 bills

Note: This story was previously reported as an ATM glitch that gave $100 bills instead of $20 bills. The crowd quickly dispersed when deputies from the Harris County Sheriff's office arrived. In a statem...More..

General Motors to slash 14,000 jobs in North America
by | Tuesday, November 27, 2018

General Motors to slash 14,000 jobs in North America

The reduction includes about 8,000 white-collar employees, or 15 percent of GM's North American white-collar workforce. Some will take buyouts while others will be laid off. Unlike Japanese automakers Nissan ...More..

Mitsubishi removes disgraced Carlos Ghosn as chairman
by | Tuesday, November 27, 2018

Mitsubishi removes disgraced Carlos Ghosn as chairman

According to Japanese media reports, Carlos Ghosn , 64, has told investigators that there was no intention to under-report his earnings. Renault owns 43 percent of Nissan while the Japanese automaker only ...More..

Every Amazon device on sale for Cyber Monday
by | Monday, November 26, 2018

Every Amazon device on sale for Cyber Monday

Today, Cyber Monday is in its full swing, and you can pick up some great Amazon hardware at ridiculously low prices. However, that's not the case with everyone! Though, if customers spend $100 on same-day del...More..

General Motors to close Lordstown plant
by | Monday, November 26, 2018

General Motors to close Lordstown plant

Executive ranks will also be whittled down by 25 percent to streamline decision making. GM, the largest automaker in the US, which sells the Chevrolet , Buick, Cadillac and GMC brands, said the moves will ...More..

Look inside the UK's biggest Christmas tree farm
by | Monday, November 26, 2018

Look inside the UK's biggest Christmas tree farm

Meanwhile, survey participants said they spent $107 on average for a fake Christmas tree. In addition to offering "cut your own" Christmas trees, the farm also sells treats and snacks to anyone who works up an ...More..

Bitcoin falls further below US$4000; crypto continues plunge
by | Monday, November 26, 2018

Bitcoin falls further below US$4000; crypto continues plunge

In any case, this price crash is somewhat of an anomaly in Bitcoin's history, as the cryptocurrency has typically performed well towards the end of the year. In a fortnight the market has shrunk by 43% in w...More..

Carlos Ghosn faces Mitsubishi sack as more allegations surface
by | Monday, November 26, 2018

Carlos Ghosn faces Mitsubishi sack as more allegations surface

Greg Kelly, former Nissan representative director who was arrested for allegedly conspiring to understate Ghosn's remuneration, has also denied the allegation , according to the sources. The company speede...More..

Liberals pass fast-tracking motion on Canada Post back-to-work bill
by | Monday, November 26, 2018

Liberals pass fast-tracking motion on Canada Post back-to-work bill

While Canada Post says there are hundreds of trailers filled with mail sitting idle because of the strike, the union says there are only upwards of 80 trailers worth of backlog, which could be dealt with in a c...More..

Blizzard Set To Hit Chicago Sunday
by | Monday, November 26, 2018

Blizzard Set To Hit Chicago Sunday

Part of Interstate 80 is closed in eastern Nebraska because of multiple accidents after snow blanketed the area. "Some areas will see gusting winds which will cause blizzard like and whiteout conditions with ...More..

Couple Finds $1.8 Million Lottery Ticket While Cleaning House Before Thanksgiving
by | Sunday, November 25, 2018

Couple Finds $1.8 Million Lottery Ticket While Cleaning House Before Thanksgiving

The drawing for the ticket was on June 6. A couple from Louisiana has over a million more reasons to be thankful this year thanks to a little last-minute holiday cleaning. "I kept waiting for something to go ...More..

Electoral reform vote extended to December 7
by | Sunday, November 25, 2018

Electoral reform vote extended to December 7

Elections BC encourages people to return their voting packages as soon as possible to ensure it is received before the deadline. The deadline to request a voting package remains midnight Friday, Nov. The dea...More..

Three more cases of E. coli confirmed
by | Sunday, November 25, 2018

Three more cases of E. coli confirmed

Scott Gottlieb, the commissioner of the Food and Drug Administration, tweeted Thursday that the FDA was working closely with other government agencies to determine the source of the E. The CDC has not been a...More..

Oil plunges to lowest in a year despite potential OPEC cut
by | Sunday, November 25, 2018

Oil plunges to lowest in a year despite potential OPEC cut

Both Brent and USA crude fell to their lowest levels since October 2017, and prices were on course for their biggest one-month decline since late 2014. Oil demand next year, meanwhile, is expected to grow b...More..

Richard Branson’s Virgin Atlantic in takeover talks with regional airline Flybe
by | Sunday, November 25, 2018

Richard Branson’s Virgin Atlantic in takeover talks with regional airline Flybe

The options also include an enhanced commercial arrangement, Virgin said, adding that it already has a trading and codeshare relationship with Flybe . A Virgin spokesperson said: "Virgin Atlantic notes the rec...More..

European Union must learn lessons from Brexit, says Macron
by | Sunday, November 25, 2018

European Union must learn lessons from Brexit, says Macron

May was on her way to Brussels when the deal came through and hopes to leave European Union headquarters on Sunday with a firm agreement on the withdrawal terms for Britain's departure from the European U...More..

Amazon and Microsoft make it easier for Indians to make a call
by | Sunday, November 25, 2018

Amazon and Microsoft make it easier for Indians to make a call

Each and every year , Black Friday just gets better and bigger. Amazon are part of the cohort of retailers still serving up cheaper products, with their flagship items (the Amazon Echo , the Echo dot,...More..

Amazon's European warehouse employees are walking out on Black Friday
by | Sunday, November 25, 2018

Amazon's European warehouse employees are walking out on Black Friday

In addition to Britain, Amazon employees in Germany, Italy and Spain are also participating in the strike . An early statement from British union GMB said hundreds were expected to strike at five locatio...More..