Economy

United Kingdom may not in the position to ban Huawei

United Kingdom may not in the position to ban Huawei

According to the BBC , the United Kingdom government is set to decide in March or April whether United Kingdom networks such as Three, Vodafone, and EE, will be permitted to use Huawei technologies ...

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Trump receives report on security threat of auto imports

Trump receives report on security threat of auto imports

European Commission President Jean-Claude Juncker attends weekly College of Commissioners meeting in Brussels, Belgium, Februray 6, 2019. The U.S. auto industry urged President Donald Trump's admi...

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Amazon's exit could scare off tech companies from NY

Amazon's exit could scare off tech companies from NY

It may be only half that many jobs depend on the incentives , he said. Cities from Seattle to NY are raising taxes, or trying to, imposing minimum wages of $15 an hour and requiring even small busi...

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Tesla Cars Get New Dog And Sentry Modes

Tesla Cars Get New Dog And Sentry Modes

All Tesla cars with Autopilot 2.0. get Sentry Mode in the latest update for their vehicle . To turn on Dog Mode go into the climate control settings and select the option labelled 'Dog, ' acc...

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Amazon leads US$700-million bet on electric truck maker Rivian

Amazon leads US$700-million bet on electric truck maker Rivian

Similar to Rivian's investment, while Aurora is happy that "a great technology company like Amazon , who thinks hard about the implications of logistics and movement of goods" is involved, it doesn...

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Airbus Will Stop Producing Its Famous Double Decker Plane in 2021

Airbus Will Stop Producing Its Famous Double Decker Plane in 2021

But changing travel patterns and weak demand led to disappointing sales. As part of the restructuring, Emirates placed a new order for 40 A330-900neo jets and 30 A350-900 aircraft, partially restori...

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Woman arrested after video shows her spitting, yelling at passengers on flight

Woman arrested after video shows her spitting, yelling at passengers on flight

The report says that once on the jet bridge, Gonzalez tried to reboard and hit on the head a JetBlue agent who tried to stop her. As she made her way out, she allegedly shoved a JetBlue worker. "I...

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Payless to close all 2,100 US stores

Payless to close all 2,100 US stores

Penney, Charlotte Russe and Ann Taylor. The shoe store will also dial back its online operations. A Payless spokesperson says the stores will most likely remain open until May. The company's franchi...

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Retailer Payless to file bankruptcy, close stores

Retailer Payless to file bankruptcy, close stores

FOX Business has been following the "retail apocalypse" as more and more brick-and-mortar stores either seek bankruptcy protection or go out of business completely. The retailer has yet to confirm th...

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OpenAI's 'deepfakes for text', GPT2, may be too risky to be released

OpenAI's 'deepfakes for text', GPT2, may be too risky to be released

In their recent announcement, OpenAI researchers admitted that the malicious applications of the GPT-2 AI model include the ability to generate misleading news articles, impersonate others online an...

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Humbug holidays: US retail sales drop 1.2 pct. in December

Humbug holidays: US retail sales drop 1.2 pct. in December

So far this year, there have been 2,187 USA store closing announcements, with Gymboree and Ascena Retail, the parent of Lane Bryant and other brands, accounting for more than half the total, according...

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Amazon Acquires Home WiFi System Provider Eero

Amazon Acquires Home WiFi System Provider Eero

Amazon's move to step into the router market follows an initiative by its tech rival Google , which has been in the router market since 2015 with the launch of Onhub routers manufactured by TP-Link a...

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Ex-KFC worker awarded US$1.5M in breastfeeding case

Ex-KFC worker awarded US$1.5M in breastfeeding case

Ms Lampkins was awarded more than $35,000 in compensatory damages as well as $2.1 million in punitive damages. She sued for gender discrimination and harassment experienced at two of the Delaware ...

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Turbulence prompts emergency landing for Seattle-bound flight

Turbulence prompts emergency landing for Seattle-bound flight

Delta Airlines issued an apology after the flight landed. Five people were injured in total, Reno-Tahoe International Airport spokesman Brian Kulpin said . that was awesome just to see all that happe...

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New snowfall warning for Metro Vancouver and the Fraser Valley

New snowfall warning for Metro Vancouver and the Fraser Valley

According to Environment Canada , the weather disturbance which brought snow to Campbell River, Powell River, and the Comox Valley is weakening, with snowfall tapering off into the afternoon and earl...

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ValuEngine Lowers Berkshire Hathaway (NYSE:BRK.A) to Hold

ValuEngine Lowers Berkshire Hathaway (NYSE:BRK.A) to Hold

Another addition to the Zacks Equity Research Reports is the "Zacks Style Score", which provide investors with another tool in order to sort through the tremendous number of Zacks Rank based on one or...

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Crypto firm sends $519,000 in Bitcoin to dead man's wallet

Crypto firm sends $519,000 in Bitcoin to dead man's wallet

The mistake is only the latest issue for the exchange, whose CEO and founder, Gerald Cotten, died in India late previous year. The exchange has been unable to access its cold wallets since, as Cotten ...

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Molson Coors' shares fall on accounting errors, lower sales

Molson Coors' shares fall on accounting errors, lower sales

Molson Coors Brewing Company (NYSE: TAP)'s price to sales ratio for trailing twelve month stands at 1.3, whereas its price to book ratio for the most recent quarters is at 1.01. Pnc Fincl Serv Grp I...

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Bill Gates says he should pay higher taxes, doesn't 'deserve' his fortune

Bill Gates says he should pay higher taxes, doesn't 'deserve' his fortune

Gates , who amassed a fortune by building Microsoft, noted that many very wealthy people's earnings subject to income taxes make up a tiny fraction of their overall wealth - a "rounding error of ord...

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Honda Urban EV set to debut at Geneva auto show

Honda Urban EV set to debut at Geneva auto show

With the outside having been redesigned for production, Honda has now given us a quick peep inside the upcoming EV's interior. Honda will be showing off a new EV prototype at the Geneva Motor Show n...

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Amazon pulls out of plans to build headquarters in New York City

Amazon pulls out of plans to build headquarters in New York City

In its statement , Amazon praised New York City Mayor Bill de Blasio , saying he - as well as Governor Andrew Cuomo - "worked tirelessly on behalf of New Yorkers to encourage local investment ...

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JPMorgan Bank is Set to Develop its Own Cryptocurrency-JPM Coin

JPMorgan Bank is Set to Develop its Own Cryptocurrency-JPM Coin

Treasury services. J.P. Morgan now hold large amounts of dollars in subsidiaries across the world. Once corporate adoption takes off, Farooq said that the bank might even try to expand its crypto...

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Tesla Disses Cats, Rolls Out Dog Mode In Over-The-Air Update

Tesla Disses Cats, Rolls Out Dog Mode In Over-The-Air Update

It said the temperature inside a vehicle can rise nearly 20 degrees in just 10 minutes. Tesla has rolled out a new mode for pet owners that creates a safe environments for pets to stay in the auto...

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Police raid homes to stop Valentine’s Day celebrations in Indonesia

Police raid homes to stop Valentine’s Day celebrations in Indonesia

People called the day "overhyped", or said "everyday with my love is valentine's day", or "it is too crowded even to step out" and "we aren't kids in school anymore". It is true that the celebration o...

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Moscow tops ranking of most congested cities in the world

Moscow tops ranking of most congested cities in the world

London and Edinburgh are said to be the UK's slowest cities. The commission is also working with five "case study" cities - the Liverpool City Region, West Yorkshire Combined Authority including Leeds...

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US’ Mnuchin upbeat for Beijing trade talks with Liu after unusual photos

US’ Mnuchin upbeat for Beijing trade talks with Liu after unusual photos

Imports declined 1.5 percent to $178.4 billion. Still China's trade surplus with the USA for the month stood at $27.3 billion. The increased outlays included big jumps for Medicare, Social Securit...

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Fashion startup Zilingo raises $226 million from Singapore's Temasek, others

Fashion startup Zilingo raises $226 million from Singapore's Temasek, others

The company had last raised funds in April last years. Zilingo , a Southeast Asia-focused fashion ecommerce platform co-founded by 27-year-old Mumbai native Ankiti Bose , has reached near-unicor...

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OPEC squeezes oil output to 4-year low, Russia compliance low

OPEC squeezes oil output to 4-year low, Russia compliance low

The combination of the OPEC-led production cuts, the increased reduction by the Saudis and in a limited way, the sanctions against Venezuela are helping to underpin prices, but in order to put the mar...

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Airbus to stop the production of A380 superjumbo jet

Airbus to stop the production of A380 superjumbo jet

The lessor struggled to find new customers for the aircraft so much, that it chose to scrap the two A380s and sell them for parts. The Toulouse-based plane manufacturer and Emirates reached an agr...

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Apple and Google asked to review Saudi app that can track women

Apple and Google asked to review Saudi app that can track women

With the app, men can input a woman's name and passport number. But the Absher app has made the process much more convenient for men, and human rights advocates are concerned that the electronic t...

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Reddit Raises $300 Million At A $3 Billion Valuation

Reddit Raises $300 Million At A $3 Billion Valuation

Some media later suggested that the investment created "a great deal of confusion", as Reddit is now blocked in China. The proposed funding prompted a wave of criticism on Reddit , which many of it...

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SEC Files Lawsuit Against Former Apple Executive for Insider Trading

SEC Files Lawsuit Against Former Apple Executive for Insider Trading

The regulator claims Levoff received confidential information about the tech giant's quarterly earnings as part of a review of draft materials, and then used that information to buy and sell Apple s...

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Ford recalls 1.48 million F-150 pickups in North America over transmissions

Ford recalls 1.48 million F-150 pickups in North America over transmissions

A row of new Ford F-150 pickup trucks are parked for sale at a Ford dealer in the Denver suburb of Broomfield, Colorado, U.S., April 14, 2011. - Ford Motor Company has issued three separate recalls ...

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New £81k Range Rover Sport HST gets mild-hybrid power

New £81k Range Rover Sport HST gets mild-hybrid power

Range Rover has announced the addition of a special version of the Range Rover Sport . This second wave of engines, with a Mild Hybrid 48V system and performance-boosting technologies, is engineer...

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General Motors and Amazon may back electric truck startup Rivian, report says

General Motors and Amazon may back electric truck startup Rivian, report says

With consumer preference shifting to larger vehicles and trucks typically the most profitable models in the lineup for established automakers, analysts say the move to develop electric trucks was near...

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