Markets

by | January 27, 2019 | 05:16

HONDA has released a single rendering of its new Urban EV prototype ahead of its full reveal at the Geneva motor show in March, giving a better look at what to expect when the vehicle enters worldwide showrooms later this year. We should also note that both concepts, the 2017 and the upcoming 2019 concept which will be a near-production prototype, have appeared and will be appearing at European auto shows.

by | January 27, 2019 | 05:06

PG&E's stock surged 75% on the news. It's not immediately clear how much Thursday's announcement will affect that figure or the utility's decision to seek bankruptcy protection. But Moody's Investors Service said bankruptcy was likely. The utility is facing hundreds of lawsuits from victims of the 2017 and 2018 fires. Some details about the property where state fire investigators say the Tubbs fire began, including its owner and address, were blacked out of the report.

by | January 27, 2019 | 04:56

Facebook has settled a class action lawsuit that had accused it of allowing children to run up huge bills on their parents' credit cards as part of a concerted effort to maximise revenues. The documents also state Facebook denied the majority of refund requests. They were hesitant to stop the practice because it would hurt the company's revenue.

by | January 27, 2019 | 03:38

Venezuela's opposition leader Juan Guaido speaks during a news conference in Caracas, Venezuela, on January 25, 2019. USA imports of Canadian crude surged to a record 4.06 million barrels a day last week, according to the preliminary Energy Information Administration data.

by | January 26, 2019 | 13:56

The decision was announced in a Wednesday filing with the U.S. Securities and Exchange Commission . Bitcoin price coming under minor downside pressure, as so it seems on this gathering pace of attention across the news wires. In November a year ago, SEC Chairman Jay Clayton had said he wanted to see key upgrades in the cryptocurrency markets before being comfortable approving any bitcoin ETF .

by | January 26, 2019 | 00:03

A photo of a Walmart truck released by the company. The new practices are a response to increased demands on the company's transportation network. In 2018, Walmart saw same-store sales grow 3 percent over the previous year. The company is also changing its hiring process, adding one-on-one mentoring from veteran drivers. Walmart has established locations in Arizona and SC to serve as week-long onboarding facilities where veteran drivers show new hires the skills they must master or improve ...

by | January 26, 2019 | 00:01

Renault's board of directors also chose to put in place a new governance structure, one that will separate the functions of chairman of the board and CEO. He faces three separate charges: two of under-declaring his income and another of seeking to shift personal investment losses onto Nissan. Nissan now owns a 15 percent non-voting stake in its French parent and 34 percent in Mitsubishi Motors, a third major partner in their manufacturing alliance.

by | January 26, 2019 | 00:01

Company spokesperson Mike Siemienas notes, however, that the current recall is significantly smaller in scope. For more information, check the "Related Links" tab. Both recalls originated at General Mills' Kansas City manufacturing facility. Customers who have to discard products covered by the recall can contact General Mills consumer relations at 1-800-230-8103, or visit the company's website.

by | January 25, 2019 | 23:58

Earlier this week the site published a bombshell report claiming President Trump ordered his personal lawyer Michael Cohen to lie to Congress about the construction of a Moscow skyscraper and previous year made the shortlist for a Pulitzer award.

by | January 25, 2019 | 23:56

Huawei's consumer division chief Richard Yu told reporters in Beijing on January 23rd, 2019 that current tensions - including a potential presidential executive order banning the company from selling telecom equipment in the USA - ultimately won't harm the company.

by | January 25, 2019 | 21:58

Trump tweeted Tuesday shortly before Kerry's call to resign. "I've told people I have not taken it off the table, but I'm not sitting around actively planning a (2020) campaign, or doing something, no", Kerry, 75, told CNBC television at the World Economic Forum in Davos .

by | January 25, 2019 | 21:12

During an interview with CNBC , Ross said he didn't understand why furloughed workers don't just take out loans to make it through. Ross said negotiators are making progress on "easier" issues like how much of certain American products the Chinese will agree to buy, such as soybeans and liquefied natural gas.

by | January 25, 2019 | 20:42

The Adlers said they had no body odor and actually asked people in the airport if they smelled. Yossi Adler said he's frustrated and wants to know the real reason they were forced off the plane . Adler says the vouchers from American Airlines did not work and now the hotel they were staying in is planning to bill them. Yossi Adler demanded the airline explain why they were removed from the flight and said they were not told which one of them had body odor.

by | January 25, 2019 | 18:59

White House chief economic official Lawrence Kudlow has recently described the USA economy as "strong", and predicted a 3 percent growth rate for the first quarter. Though Hassett conceded that the ongoing shutdown would likely take a toll on the U.S. economy, he insisted that growth would return to normal levels once the government reopens.

by | January 25, 2019 | 18:59

If Bing truly has become the latest casualty of the country's strict internet censorship practices, then something might have happened behind the scenes. The search engine world in China raised particular challenges for US-based tech giants, with Google itself leaving the country back in 2010. United States lawmakers introduce bipartisan Bill that, if passed, would ban the export of USA chips and other components to the two Chinese tech companies.

by | January 25, 2019 | 18:56

Newark Liberty International Airport, Philadelphia International Airport and Reagan National Airport also experienced delays, as reported by Bloomberg . Weeks into the government shutdown , employees at airports nationwide have felt the effects and amid concerns that a decrease in the workforce could sacrifice safety and hinder travel, flights into a NY airport were delayed.

by | January 25, 2019 | 18:40

The armed forces' support for Maduro is "unfailing and unyielding", said Padrino, who thanked those foreign governments, including Mexico, that have called for resolving Venezuela's political crisis through dialogue . Russian Federation had already denounced the U.S. decision to recognise opposition leader Juan Guaido as Venezuela's legitimate president, calling it an attempted coup.

by | January 25, 2019 | 18:09

Airbus has more than 14,000 employees in Britain. Last week, British lawmakers dismissed the deal Prime Minister Theresa May had reached with the EU. The group, chaired by Guy Verhofstadt, "reiterated that the withdrawal agreement is fair and can not be re-negotiated". Another option being floated by some in London, for the border issue to be regulated in a separate bilateral deal with Dublin, was also impossible, since the border between Ireland and Northern Ireland would in future be ...

by | January 25, 2019 | 18:07

Spangler Candy, which acquired the brand, hopes to start making them again in time for Valentine's Day 2020. Candystore.com also reports the only ones left were made before the factory closed last July. But there's nothing quite like classic Sweethearts. "Many people have memories of sorting through their box of Sweethearts to find just the right message to share", said Vashaw in the press release.

by | January 25, 2019 | 17:39

On Wednesday, Venezuela's disputed president Nicolas Maduro said he was ending diplomatic relations with the United States in response to President Donald Trump's announcement that the USA was officially recognizing National Assembly President Juan Guaido as Venezuela's interim leader.