Economy

Toyotas will save you from leaving vehicle on, in drive

Toyotas will save you from leaving vehicle on, in drive

Automatic Engine Shut Off will get an update sometime after launch to allow smartphone capabilities and an added reminder. The first safety tech that we will be seeing on mot 2020 Toyota models i...

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Majestic Wine plunges to annual loss amid talks to sell retail arm

Majestic Wine plunges to annual loss amid talks to sell retail arm

Sales growth at Naked Wines, whose customers crowd fund independent winemakers in exchange for preferential prices on exclusive wines, accelerated to 14.5% last year, up from 11.3% in full year 2018. ...

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Honda E battery specs confirmed

Honda E battery specs confirmed

Power from the high-torque electric motor is delivered through the rear wheels, enabling steering precision even at high acceleration. It was a funky looking auto with all the right ingredients to mak...

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Uber to pilot its Uber Air service in Melbourne

Uber to pilot its Uber Air service in Melbourne

But not to worry - if it's a success, other Australian cities are expected to follow suit soon after the trial. The Uber flying taxi tests in Melbourne will begin in 2020 and the company estimates t...

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Schlitterbahn sells water parks in New Braunfels, Galveston

Schlitterbahn sells water parks in New Braunfels, Galveston

Cedar Fair said in a news release that it plans to finance the deal through additional long-term borrowings. "These properties represent new markets for us with attractive demographics in the gr...

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US Reliance On OPEC Oil Hits 30-Year Low

US Reliance On OPEC Oil Hits 30-Year Low

U.S. West Texas Intermediate crude futures ended $2.13, or 4.0%, lower at $50.72 a barrel, its lowest settlement since January 14. Such a disruption "could further exacerbate the supply problem", sa...

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Facebook invests in Indian social startup Meesho

Facebook invests in Indian social startup Meesho

This is the first time that the global giant picked up equity in an Indian startup . "This is a shoo-in as far as what Facebook , and its competitors, are shopping for in India". Google, for instanc...

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Facebook’s Crypto Project Will Be A Milestone According to RBC

Facebook’s Crypto Project Will Be A Milestone According to RBC

The FT does not indicate how it came by the information, and it said Facebook , the bank and Bowles would not comment on the news. Bowles, a banking lobbyist who joined Standard Chartered in 2007...

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International Business: Airbus delivers first A350 to Japan after landmark deal

International Business: Airbus delivers first A350 to Japan after landmark deal

The Yomiuri Shimbun The Airbus A350 - the aircraft maker's latest model - arrived at Haneda Airport on Friday morning ahead of its introduction into the Japan Airlines fleet. At a delivery event held ...

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India to slap tariffs on 28 United States products on Sunday - statement

India to slap tariffs on 28 United States products on Sunday - statement

Last year India announced higher tariffs on a clutch of items in retaliation against the U.S.by imposing higher levies on some products shipped from the South Asian nation, mirroring steps taken by ...

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Hot Wheels get a modern update with two new digital offerings

Hot Wheels get a modern update with two new digital offerings

What's cool about it is there's a pair of infrared sensors that record speed and count laps. Kids have been enjoying Hot Wheels toys for 50 years now, while arguing about who has the fastest cars, a...

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United States Residents Will Lose Access to Many Altcoins Starting in September

United States Residents Will Lose Access to Many Altcoins Starting in September

This essentially means that users from the U.S. are violating the Terms of Use, and will hence be unable to trade on the platform as of September 12, 2019. "And we always work hard to turn every short...

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Target down: Cash registers not working nationwide

Target down: Cash registers not working nationwide

Target temporarily closed some of its stores rather than risk aggravating shoppers. 10News has reached out to Target to see if any stores in San Diego were affected by the outage. There are reports of...

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Tyson Foods Unveils Plant-Based Nuggets

Tyson Foods Unveils Plant-Based Nuggets

In a statement, Tyson Foods CEO Noel White said the company expected to be "a market leader in alternative protein", which he said could one day be "a billion-dollar business for our company". The...

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Burger King will sell upside-down Whoppers to celebrate 'Stranger Things'

Burger King will sell upside-down Whoppers to celebrate 'Stranger Things'

It's like a regular Whopper but with the bottom bun on the top and the top bun on the bottom. The fast-food chain says customers will also be able to purchase Stranger Things merchandise at partic...

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Target ups ante in online delivery wars, integrates Shipt shopping

Target ups ante in online delivery wars, integrates Shipt shopping

Now, instead of paying a $99 per year or $14 per month membership fee, shoppers can get orders delivered in as quickly as an hour, as long as they pay a fee of $9.99 per order. Same-day delivery will ...

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King Arthur Issues Flour Recall Over Possible E. Coli Contamination

King Arthur Issues Flour Recall Over Possible E. Coli Contamination

The recalled Unbleached All-Purpose Flour (5 lb.) was distributed through retailers and distributors nationwide. Any remaining products in the recall have been pulled from grocery store shelves, says ...

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Plane skids off runway at Newark International Airport; planes temporarily suspended

Plane skids off runway at Newark International Airport; planes temporarily suspended

The United plane, which departed from Denver International Airport, "experienced multiple flat tires upon landing in Newark", a United spokesperson said in a statement. All inbound flights are being...

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Target says customers 'unable to make purchases' in stores

Target says customers 'unable to make purchases' in stores

A system outage is impacting Target stores across the nation, causing registers to be down. "Every single register at the Richfield [Target] is down". Patrons from Texas to NY to Florida are tweeting ...

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Trump mulls sanctions over Nord Stream 2 line

Trump mulls sanctions over Nord Stream 2 line

Threats of sanctions have come from Washington earlier as well, targeting European companies involved in the Nord Stream 2 project, including supermajor Shell, Austria's OMV, and German Wintershall an...

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California state is investigating Riot Games over alleged gender discrimination

California state is investigating Riot Games over alleged gender discrimination

The investigation follows a lengthy report from Kotaku in 2018 that pointed to sexual harassment, discriminatory hiring processes, and a wider "bro culture" at Riot. To date, these requests have n...

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Hong Kong on edge as pressure grows to delay fugitive bill

Hong Kong on edge as pressure grows to delay fugitive bill

Of the 70 seats in Hong Kong's Legislative Council, half are directly elected. "Relevant people in the United States [should] abandon the illusion of attempting to mess up Hong Kong ", Mr Geng sa...

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Uber Eats plans for drone food deliveries straight to customers

Uber Eats plans for drone food deliveries straight to customers

The test can get underway because the Federal Aviation Administration (FAA) selected the city of San Diego to participate in a commercial drone test program in 2018, and San Diego has made a decisio...

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Hong Kong stocks open with further losses

Hong Kong stocks open with further losses

US West Texas Intermediate crude futures firmed slightly to $51.29 per barrel, compared to the previous day's close of 50.72 a barrel, its weakest settlement since January 14. The protests threaten to...

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Huawei wants Verizon to pay $1 billion for compensation

Huawei wants Verizon to pay $1 billion for compensation

Representatives for Huawei and Verizon met last week in NY to discuss some of the patents at issue. Neither Huawei nor Verizon immediately responded to requests for comment. U.S. intelligence ag...

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Mercedes-Benz GLB SUV Packs in Tech and Optional Third Seat

Mercedes-Benz GLB SUV Packs in Tech and Optional Third Seat

The load compartment has a capacity of 560 to 1755 litres (five-seater), although seven seater models only have 130 litres of space with all the seats up. It'll be offered with a range of four-cylinde...

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Dominican Republic death: Another American tourist dies on vacation

Dominican Republic death: Another American tourist dies on vacation

A neighbor - who was cat sitting for Cox while she vacationed - said he found out about her death on Wednesday. By last count, six tourists had died under mysterious circumstances in the Dominican ...

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PetSmart subsidiary sets share price higher than expected

PetSmart subsidiary sets share price higher than expected

Many market watchers have been fervently waiting for the listing, which was first thought to be between $17 and $19 per share, but was raised to the $19-$21 range and now has topped that mark. The com...

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Visa, Uber and PayPal Will Back Facebook's Crypto Asset

Visa, Uber and PayPal Will Back Facebook's Crypto Asset

Facebook announced it was launching GlobalCoin last December, though the company indicated that it was looking at cryptocurrency as far back as the end of 2017. Facebook's new cryptocurrency will ...

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Huawei confirms plans to launch its own Android alternative OS

Huawei confirms plans to launch its own Android alternative OS

However, intelligence experts say they can only provide limited assurances that the Chinese company is not a risk to broadband and phone networks in the UK. As a reminder, following the ban on Huawe...

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Lululemon Earnings: LULU Stock Surges on Q1 EPS, Sales Beat

Lululemon Earnings: LULU Stock Surges on Q1 EPS, Sales Beat

Want to see what other hedge funds are holding LULU? Lululemon Athletica has a 1 year low of $110.71 and a 1 year high of $179.49. Oregon Public Employees Retirement Fund raised its holdings in Lu...

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Trumped! India may impose retaliatory tariffs on 29 U.S. products

After extending the deadline for several times, India will now go ahead with its decision to impose retaliatory import duties on 29 USA products, including almond, walnut and pulses, sources said Fr...

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Will the Fed cut interest rates this summer?

Will the Fed cut interest rates this summer?

Adjusted for inflation, average hourly earnings have climbed 1.3% in the past year. The underperforming May payrolls have given another and stronger note to the inflation, equity and global growth c...

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USA releases video it says shows Iran's military recovering mine

USA releases video it says shows Iran's military recovering mine

The Japanese operator ship operator of one of two oil tankers attacked near the Strait of Hormuz on Thursday said that sailors on board its vessel, the Kokuka Courageous, saw "flying objects" just b...

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Tencent, Xiaomi, Oppo Reportedly Testing Huawei’s HongMeng OS

Tencent, Xiaomi, Oppo Reportedly Testing Huawei’s HongMeng OS

As a result, Huawei is trying to reduce reliance on US-based firms and use more parts from Chinese companies, while at the same time accelerating development of its in-house operating system to repl...

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