Delta flight makes emergency landing after engine failure

Footage posted to social media by passenger Logan Webb shows one of the engine's nose cones, also known as a spinner, being tossed around a jet turbine. Some passengers reported hearing a loud noise. "After, the cabin filled with smoke and seat b... More..

by | Published 6 days ago
Fed starting to see a case for rate cuts, Powell hints
by | Thursday, July 11, 2019

Fed starting to see a case for rate cuts, Powell hints

The S&P 500 index broke through the 3,000-point milestone after he warned that the global slowdown and trade war uncertainty "continue to weigh on the U.S. At the moment, the US economic landscape is a mixed ...More..

Poloz speech: We are content with today's setting of interest rates
by | Thursday, July 11, 2019

Poloz speech: We are content with today's setting of interest rates

Within Canada, the Bank projects real GDP growth to average 1.3% in 2019 and around 2% in 2020 and 2021. Big Canadian banks, however, have to worry about more than just the interest-rate moves of the Bank of ...More..

Supply draw, Gulf of Mexico storm push oil prices upward
by | Wednesday, July 10, 2019

Supply draw, Gulf of Mexico storm push oil prices upward

An oil pump is seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. Meanwhile, West Texas Intermediate crude prices rose 1.61 per cent to Dollars 58.76, while global benchmark Brent wen...More..

Federal Reserve chairman signals cut in USA interest rates
by | Wednesday, July 10, 2019

Federal Reserve chairman signals cut in USA interest rates

Wednesday's testimony comes as Powell and the Fed face harsh criticism from President Donald Trump , who last weekend called the agency "our most hard problem" and said its inaction has stifled the US eco...More..

IBM Moves Into Cloud Business With $34 Billion Acquisition
by | Wednesday, July 10, 2019

IBM Moves Into Cloud Business With $34 Billion Acquisition

And they need partners they can trust to manage and secure these systems. IBM mostly missed the public-cloud revolution under Rometty's predecessor, Sam Palmisano, who dismissed Amazon's strategy of spend...More..

China factory price inflation falls as trade war pressure grows
by | Wednesday, July 10, 2019

China factory price inflation falls as trade war pressure grows

On the other hand, June's consumer price growth in annual terms matched a 15-month high seen in May as supply shortages triggered by an African swine fever outbreak and extreme weather conditions continued to p...More..

Instagram starts rolling out AI-powered anti-bullying features
by | Wednesday, July 10, 2019

Instagram starts rolling out AI-powered anti-bullying features

This comes as part of Instagram's commitment to "lead the fight against online bullying ", and will give users the ability to restrict other users on their accounts without notifying them. The company said y...More..

Global markets mixed, pausing ahead of Fed chief testimony
by | Wednesday, July 10, 2019

Global markets mixed, pausing ahead of Fed chief testimony

LONDON, July 10 ― European shares dipped in early trading today ahead of US Federal Reserve Chair Jerome Powell's two-day testimony where investors will closely watch for signs of an interest-rate cut later t...More..

China And India Put Future Of Facebook's Libra Cryptocurrency Into Question
by | Wednesday, July 10, 2019

China And India Put Future Of Facebook's Libra Cryptocurrency Into Question

In the letter released by the Senate panel Tuesday, Marcus said Facebook has reached out to regulators across the globe, and will ensure that consumers are protected and that the role of central banks a...More..

Burger King adds $1 tacos to menus nationwide
by | Wednesday, July 10, 2019

Burger King adds $1 tacos to menus nationwide

Chris Finazzo, president of Burger King North America, said that he wanted to bring the West Coast tacos nationwide, and figures that the "Crispy Taco" could be a hit nationwide. If you're not veggie, but fan...More..

Richard Branson's Virgin Galactic plans to go public by end of 2019
by | Tuesday, July 09, 2019

Richard Branson's Virgin Galactic plans to go public by end of 2019

Virgin Galactic expects to use the proceeds from the IPO and Social Capital to finance the business until its spaceships can fulfill its objective and generate a profit. They share our dreams and together we wi...More..

News Erdogan fires the Governor of the Bank of Turkey By NEOnline
by | Tuesday, July 09, 2019

News Erdogan fires the Governor of the Bank of Turkey By NEOnline

President Donald Trump carried on over the weekend to attempt to oppress his nominated central bank chief into cutting interest rates. The new governor Murat Usyal said on Saturday that he would independently...More..

Self-driving chip upgrade could come to older Teslas this year
by | Tuesday, July 09, 2019

Self-driving chip upgrade could come to older Teslas this year

Tesla's chief executive Elon Musk on Monday night dispelled earlier reports that a major refresh to the company's Model S and X was being planned. The automaker claims that the chip provides 21 times the per...More..

Bill Gates Likens Steve Jobs' Business Acumen To Casting Spells On People
by | Tuesday, July 09, 2019

Bill Gates Likens Steve Jobs' Business Acumen To Casting Spells On People

Gates mentioned that he wasn't affected by the spells because he was a minor wizard. "Every day when Jobs was in the office in Cupertino near the end, he would go at mid-day to that big locked door that went ...More..

Chick-fil-A Gives Away Free Food During Cow Appreciation Day
by | Tuesday, July 09, 2019

Chick-fil-A Gives Away Free Food During Cow Appreciation Day

The only possible downside is that the free entrées for Cow Appreciation Day can not be redeemed with the Chick-fil-A app. Now you can too, from the time the stores open until 7 pm. It's time to dust of...More..

Tech, Fed Suspense Weigh on Markets
by | Tuesday, July 09, 2019

Tech, Fed Suspense Weigh on Markets

South Africa's rand weakened early yesterday against a soaring dollar as investors factored in fewer rates cuts by the US Federal Reserve following stronger than anticipated US jobs growth in June. and Chinese ...More..

Oil rises towards $65 as supply concerns outweigh trade disputes
by | Tuesday, July 09, 2019

Oil rises towards $65 as supply concerns outweigh trade disputes

Benchmark Brent crude climbed 0.9 percent to $64.69 a barrel while U.S. West Texas Intermediate crude futures were up 0.85 percent at $58.14 a barrel. "Geopolitical risks remain plentiful, but the start of the ...More..

Pelham cannabis grower knocked by Health Canada
by | Tuesday, July 09, 2019

Pelham cannabis grower knocked by Health Canada

The company violated federal regulations by allowing production to occur in five grow rooms in its 12-room facility between October 2018 and March 2019, CannTrust said in a statement, adding that licenses hav...More..

Rogers, Shaw wireless outage caused dropped 911 emergency calls
by | Tuesday, July 09, 2019

Rogers, Shaw wireless outage caused dropped 911 emergency calls

Rogers Communications customers may be experiencing difficulties making phone calls Sunday evening as the company works to fix a countrywide wireless outage. While a voice-service interruption of this type is ...More..

Whole Foods Preps Prime Day Grocery Deals 07/09/2019
by | Tuesday, July 09, 2019

Whole Foods Preps Prime Day Grocery Deals 07/09/2019

The first Prime Day deals will kick things off on the 15th at 00:01 BST / 12am PT / 3am ET, so you can expect to see an influx of deals go live on Amazon's website, from discounted 4K TVs and Bluetooth spea...More..

Volkswagen ID R Breaks 20-Year Record At Goodwood
by | Tuesday, July 09, 2019

Volkswagen ID R Breaks 20-Year Record At Goodwood

The previous record before the I.D. An electric Volkswagen has smashed a hillclimb record set by a McLaren Formula One auto at the Goodwood Festival of Speed 20 years ago. The previous record was set in...More..

Amazon Warehouse Workers In Shakopee To Strike On ‘Prime Day’
by | Tuesday, July 09, 2019

Amazon Warehouse Workers In Shakopee To Strike On ‘Prime Day’

Workers at Amazon's Minnesota facilities began complaining previous year about harsh working conditions, increasing workloads, safety and limited advancement opportunities. As Amazon readies for the 48-hour...More..

Lira drops as Erdogan wields the axe
by | Monday, July 08, 2019

Lira drops as Erdogan wields the axe

No official reason was given for the sacking, but government sources cited Erdogan's frustration that the bank has kept its benchmark interest rate at 24 per cent since last September to support the ailing lira...More..

Federal Reserve unlikely to cut rates this month: Scaramucci
by | Monday, July 08, 2019

Federal Reserve unlikely to cut rates this month: Scaramucci

Gold climbed 0.5% t0 $1,407. Deutsche Bank's news helped limit the downbeat sentiment in broader Europe, with the pan-European STOXX 600 index adding 0.07%. "Effectively the debate has switched from a 25bps ...More..

Abe Flails in Defending Export Curbs to S.Korea
by | Monday, July 08, 2019

Abe Flails in Defending Export Curbs to S.Korea

South Korea has clinched a series of free trade agreements with major trading partners, including the US and China, as well as Chile, Peru and Colombia, in recent years as part of its efforts to boost growth in...More..

Deutsche Bank to cut 18000 jobs in 7.4 billion euro overhaul
by | Monday, July 08, 2019

Deutsche Bank to cut 18000 jobs in 7.4 billion euro overhaul

Beyond the expected cutbacks to equities, Deutsche said it would also axe some of its fixed income operations, an area traditionally regarded as one of the bank's strengths. Founded in 1870, Deutsche Bank has...More..

Competition watchdog to examine Amazon-Deliveroo deal
by | Monday, July 08, 2019

Competition watchdog to examine Amazon-Deliveroo deal

The CMA said it had "reasonable" grounds to believe the companies "have ceased to be distinct ". " Amazon wants to get any product to the customer fast and to 'own" the customer for everything they possib...More..

Economics - Deutsche Bank launches €7.4 bn overhaul
by | Monday, July 08, 2019

Economics - Deutsche Bank launches €7.4 bn overhaul

In addition, the bank plans to resize its Fixed Income operations in particular its Rates business and will accelerate the wind-down of its existing non-strategic portfolio. Up to 18,000 jobs will be axed at De...More..

Budget provides relief for NBFCs
by | Sunday, July 07, 2019

Budget provides relief for NBFCs

Sitharaman said the government will bring out a remedy against cash being deposited without knowledge of bank account holders. But state-owned NBFCs would be beyond the RBI's pale. India has almost 10,000 regi...More..

Police Reportedly Asked to Leave Arizona Starbucks Because Customer Felt Unsafe
by | Sunday, July 07, 2019

Police Reportedly Asked to Leave Arizona Starbucks Because Customer Felt Unsafe

The association called the request offensive and disheartening. The group posted an image with the words "DUMP STARBUCKS" to Facebook and Twitter , and the hashtag #DumpStarbucks began trending. Williams ...More..

Dogecoin Surges 37% on Binance Listing, Major Moves for Altcoins
by | Sunday, July 07, 2019

Dogecoin Surges 37% on Binance Listing, Major Moves for Altcoins

DOGE has been trading at $0.00318 when the news of Binance listing broke and it jumped to $0.00447 level. Everyone's favourite internet pup Doge and it's cryptocurrency counterpart Dogecoin (DOGE ) is f...More..

PM urged to do more after tax cut triumph
by | Sunday, July 07, 2019

PM urged to do more after tax cut triumph

That is one-third of what they were at the peak of the global financial crisis, the greatest economic crisis that the world has seen since the Great Depression of the 1930s. The gas industry is seeking clarity ...More..

Hiring Rebounds In June As Employers Add 224000 Jobs
by | Sunday, July 07, 2019

Hiring Rebounds In June As Employers Add 224000 Jobs

The rate is still down from 63.2% in February, and only modestly above the lowest levels since the 1970s, a time when women were still entering the labor force in greater numbers. Fed officials are considering ...More..

Mercedes Partners With BMW on Autonomous Driving Technology
by | Sunday, July 07, 2019

Mercedes Partners With BMW on Autonomous Driving Technology

Daimler AG is now working series development projects not only for specific Level 3 but also for Level 4 and 5 vehicles as well. Earlier this week, BMW and Daimler , along with nine other companies, relea...More..