Markets

by | October 02, 2018 | 19:11

The Emergency Alert System is a national warning system that allows the president to communicate messages to the public during national emergencies. "THIS IS A TEST of the National Emergency Alert System". FEMA's Antwane Johnson alluded to " laws, policies and procedures that are in place, other protocols to assure that the system is used in accordance with its intended use as defined by the law ", but stopped short of promising to keep Trump away from the agency's big "send to all" button.

by | October 02, 2018 | 18:43

Online retailing giant Amazon is raising pay for hundreds of thousands of workers in the U.S. and the UK. Amazon has also thrown down a gauntlet to its competitors, challenging it to match its wages, and has said it will push to increase the federal minimum wage from $7.25 an hour.

by | October 02, 2018 | 15:57

Bezos is the world's richest man by a large margin-he is worth around $165 billion, according to the Bloomberg Billionaires Index-but previous year Amazon's median pay was just $28,446, which works out to around $14 an hour. Target announced earlier this year it would raise its minimum wage to $12 an hour with a plan to lift it to $15 by 2020. Last month it became the second publicly traded company to be worth $1 trillion, hot on the heels of Apple.

by | October 02, 2018 | 11:55

His wealth spiked by $1.4 billion on the day of his tweets, then fell to $21.4 billion within a month, after he abandoned the buyout effort without ever making a formal proposal to his board. This settlement also has riders like Musk being ineligible to be the chairman for the next 3 years, appointment of 2 independent directors to the company's board, a committee of directors to oversee Musk's communications and place additional controls.

by | October 02, 2018 | 08:58

Canadian Prime Minister Justin Trudeau said the trade deal was "profoundly beneficial" to Canadians. And the deal will need to be reviewed and renewed before a 16-year period ends, a major concession to Trump's skepticism of free trade deals.

by | October 02, 2018 | 08:44

GE bosses have typically enjoyed long-term tenures spanning more than a decade. GE shares jumped 10.2 percent to $12.44 as investors bet Culp could re-energise the GE brand and more quickly transform its portfolio. Mr Flannery had been in the role for less than two years. Immelt took over from Welch two days before the terrorist attacks in NY and Washington on September 11, 2001.

by | October 01, 2018 | 20:52

This is only the midpoint of his Musk-sational 2018 narrative . Tesla jumped as much as 19% to $315.45 at 7:45 am NY time, more than enough to offset Friday's 14% plunge. "The ideal chairman is someone with operational experience in the automotive industry because that's really where they've struggled, on the operational side in terms of the model 3 ramp", CFRA analyst Garrett Nelson said.

by | October 01, 2018 | 19:27

Calif. Gov. Jerry Brown adopts its own net neutrality law prompting the Justice Department to sue the state in an effort to block what's describe as the "toughest net neutrality law" enacted. Pai said he was "pleased" to see the federal government's lawsuit, and that "The Internet is free and open today, and it will continue to be under the light-touch protections of the FCC's Restoring Internet Freedom Order".

by | October 01, 2018 | 18:38

The company's stock was up more than 15 percent in pre-market trading in NY shortly before 1300 GMT. Culp, 55, served as CEO of Danaher from 2000 to 2014, during which he transformed the company from an industrial manufacturer to a "a leading science and technology company", according to a statement from GE.

by | October 01, 2018 | 17:41

The increase in transportation fuel prices comes amid surging crude oil prices. IOC said the prices have been increased "mainly due to change in worldwide price and foreign exchange fluctuations". The increased rates became effective from 12 am on Monday. The prices of subsidized cooking gas (LPG cylinder) has been increased by Rs 2.98 per 14.2 kg cylinder from Rs 499.51 to Rs.502.4 in Delhi.

by | October 01, 2018 | 13:51

The agreement eases pressure on Tesla's embattled CEO, who faced potentially being barred from serving as an officer or board member of a publicly traded company as a result of the charges, which stemmed from a tweet by Musk about taking the company private.

by | October 01, 2018 | 10:44

Chevrolet Equinox SUVs are parked awaiting shipment by CN Rail next to the General Motors Co (GM) CAMI assembly plant in Ingersoll, Ontario, Canada October 13, 2017. "We celebrate a trilateral deal". The new treaty is expected to be signed by Trump and his Mexican and Canadian counterparts. Trump complained about the behavior of Canadian officials, and said he rejected a meeting with Prime Minister Justin Trudeau , although Trudeau's office said no meeting was planned.

by | October 01, 2018 | 08:21

Diesel was sold at the rate of Rs 74.63/ litre in New Delhi , Rs 76.48/ litre in Kolkata, Rs 79.23/ litre in Mumbai and Rs 78.91/ litre in Chennai. In Delhi, petrol price saw a 33 paise jump at Rs 83.73 per litre. The petrol prices has gone up about 8 per cent while diesel prices has gone up by 10 per cent since August 1, 2018. A litre of diesel was sold in New Delhi for Rs 74.79, in Kolkata for Rs 76.64, in Mumbai for Rs 79.40, and Chennai for Rs Rs 79.08, showed data on the website of ...

by | September 30, 2018 | 19:29

Ryanair marketing head Kenny Jacobs said the decision by VC to participate would result in 35 to 45 flights to and from Germany not taking off. The Irish outfit said 90% of its flights would be operating as normal. Boss Michael O'Leary, who survived a shareholder rebellion last week but faces increasing pressure from investors, said the company had written to unions offering to move all staff to local contracts, which made the strike action "unnecessary".

by | September 30, 2018 | 03:57

Ten cities , from NY to Sydney to Stockholm, are overvalued, while six are in bubble-risk territory, with Hong Kong's market the most inflated. A year ago, NY had been scored as fairly valued. The report said Singapore remained in fair-valued territory, and that it is one of this study's few cities whose housing affordability has improved over the past decade.

by | September 30, 2018 | 01:09

The new battery capacity isn't all that BMW has for the 2019 models, a new exterior color is offered as well. According to the Germans, the new i3 will be capable of achieving ranges of 260 km (162 miles), an increase of roughly 30 percent when compared to the existing version.

by | September 30, 2018 | 00:44

They also say that if any other accounts are affected, their access tokens will be reset as well. In a news release, Facebook says attackers exploited code the impacted the " View As " feature, which allows users to see what their profile looks like to someone else.

by | September 29, 2018 | 23:23

Under the U.S. Trade Promotion Authority law, known as TPA or "fast track", Mr. Trump must wait 90 days to sign an agreement after notifying Congress of his intention to do so. Sources familiar with the talks say Freeland took part in a lengthy conference call Friday night with negotiators and their US counterparts in Washington, who have been taking part in intensive talks all week.

by | September 29, 2018 | 21:37

The LAX announcement lines up airport policy with the Los Angeles Police Department and with California state law. TSA spokeswoman Lorie Dankers said on Thursday (Friday NZ time) that agents won't take it away but will summon the police and let them deal with it.

by | September 29, 2018 | 19:30

But with the stock now trading for around 7 times the company's new full-year earnings guidance, the market just doesn't buy it. In terms of EBITDA Yield, Bed Bath & Beyond Inc. The Bed Bath & Beyond Inc. remained 3.08% volatile for recent the week and 1.93% for the current month. The company had revenue of $2.75 billion for the quarter, compared to the consensus estimate of $2.75 billion.