Economy

Ivey: Toyota SUV plans delay plant but benefit Alabama

Ivey: Toyota SUV plans delay plant but benefit Alabama

In August 2017, Toyota and Mazda announced a collaboration to establish MTMUS, a $1.6 billion joint venture that will assemble up to 300,000 vehicles annually. As work continues on the $1.6 billion fa...

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Powell sends strong signal of possible rate cut

Powell sends strong signal of possible rate cut

The Dow was up 0.7%, or 188 points, marking its first higher open in four days. The S&P and Nasdaq futures were also lower. "Signaling more interest rate cuts at this point may put the central bank'...

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New Orleans Floods as Gulf Coast Braces for Torrential Rains

New Orleans Floods as Gulf Coast Braces for Torrential Rains

The floods were also accompanied by another terrifying natural phenomenon - a waterspout that was caught on camera by residents of the city. "The most recent July tropical storm landfall was Tropica...

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Asia cautious as everything rides on dovish Powell

Asia cautious as everything rides on dovish Powell

The question is whether the Fed will still see a good argument for cutting interest rates after the strong U.S. June jobs data. In the long run, however, hopes of better relations between the United...

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British government plans to eliminate smoking by 2030

British government plans to eliminate smoking by 2030

Cigarette packets will reportedly be forced to contain leaflets with advice on smoking cessation, alongside the health warnings and graphic images already featured. The document also pointed out that ...

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Apple downgraded to 'sell' over slow iPhone sales, shares down

Apple downgraded to 'sell' over slow iPhone sales, shares down

Zhang said the iPhone XS may wind up being "one of the worst selling iPhone models in the history of Apple". In a letter to investors, Cook said, "Lower than anticipated iPhone revenue, primarily ...

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Greece: New Democracy to get an absolute majority - Danske Bank

Greece: New Democracy to get an absolute majority - Danske Bank

Europe's finance ministers were meeting in Brussels yesterday to discuss Greece, which still has stringent fiscal targets to meet even though it no longer directly receives bailout loans. He has pledg...

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China's central bank is creating a cryptocurrency to challenge Libra

China's central bank is creating a cryptocurrency to challenge Libra

Wang indicated China needed to know precisely which currencies those would be, and whether the US dollar would play a role, according to the Post. Also, Libra will be backed by several fiat currenci...

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Disney recalls 'Toy Story 4' plush toy due to choking hazard

Disney recalls 'Toy Story 4' plush toy due to choking hazard

Health Canada cites that around 650 units have been sold in Canada and the CPSC tallies over 80,000 that have been sold in the U.S. The tracking numbers impacted are FAC-024868-18338, FAC-02486...

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Virgin Galactic to become first space-tourism company to go public

Virgin Galactic to become first space-tourism company to go public

It comes after Social Capital Hedosophia has announced it will merge with Virgin Galactic . The Wall Street Journal earlier reported that SCH planned an investment of US$800 million. The US d...

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Information Commissioner's Office plans £99m Marriott fine

Information Commissioner's Office plans £99m Marriott fine

The ICO said that Marriott had fully co-operated in investigating the breach , and has since upped its security protections, but its investigation found that the company "failed to undertake suff...

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BMW's all-electric Mini Cooper rolls onto the scene in March 2020

BMW's all-electric Mini Cooper rolls onto the scene in March 2020

Yet the most important number in an EV conversation is range, and to that end Mini claims that the SE will manage between 235 and 270 kilometres between charges, depending on what official driving cyc...

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Burger King launches halloumi burgers across the UK

Burger King launches halloumi burgers across the UK

Setting you back £3.99 for a single burger (£5.99 as a meal), or £5.49 for the double (and £7.49 as a meal), the halloumi burger launches in Burger King stores nationwide from today. "With the Uni...

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Instagram announces new features to help counter bullying

Instagram announces new features to help counter bullying

You'd think that someone who is spiteful enough to type something offensive would just go ahead and post it and ignore the "undo" prompt, however, Instagram head Adam Mosseri says in the official ...

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Calls for shift in pension test process

Calls for shift in pension test process

Cabinet's expenditure review committee is now weighing up whether to lower deeming rates, which are used to estimate how much some pensioners are earning on their financial investments. The trouble is...

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Waymo rolls out amenities in driverless taxis

Waymo declined to disclose details of the Wi-Fi service, but said it is offered with no usage restrictions. The Wi-Fi, which has not been previously reported, is available to a subset of users who g...

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CBO Report Shows Broad Benefits From $15 Federal Minimum Wage

CBO Report Shows Broad Benefits From $15 Federal Minimum Wage

It would also cost the USA economy 1.3 million jobs, "reduce the nation's output slightly", and trigger price increases that would lower total family income by 0.1 percent. And the office did ta...

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Eye drops and other ointments recalled over sterility concerns

Eye drops and other ointments recalled over sterility concerns

The company said the administration of a "non-sterile product meant to be sterile" could result in serious and life-threatening infections or it could be fatal. The recalled drops and ointments have e...

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B.C. opens doors for ride-hailing applications on September 3

B.C. opens doors for ride-hailing applications on September 3

Another recommendation - that drivers be required to hold a standard Class 5 license was previously rejected by Transportation Minister Claire Trevena. Zifkin said that while the company is hopeful th...

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Westpac Forced To Refund 40000 Customers After System Glitch

Westpac Forced To Refund 40000 Customers After System Glitch

The newspaper said 30,000 customers were ahead of their repayments and suffered no financial impact. About 70 per cent of customers have now been remediated. Those with agreed upon interest-only per...

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Oil firms hike gas prices, cut diesel, kerosene

Oil firms hike gas prices, cut diesel, kerosene

On Monday afternoon, oil firms said gasoline products will increase by P0.25 per liter. The post Oil firms to adjust diesel, gas prices Tuesday appeared first on UNTV News .

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Dress up like a cow and get free Chick-fil-A

Dress up like a cow and get free Chick-fil-A

I would suggest checking with your local Chick-fil-A in advance of the event for operating hours. Tuesday welcomes the 15th annual Chick-fil-A Cow Appreciation Day , where herds of customers decked...

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Amazon Minnesota warehouse workers planning Prime Day strike

Amazon Minnesota warehouse workers planning Prime Day strike

Their gripe? Amazon's wages are too low and productivity quotas unreasonable (Amazon rebuts, saying it offers "excellent pay" and "comprehensive benefits"). Some white-collar Amazon employees will...

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Oil rises on Iran's new nuclear threats

Oil rises on Iran's new nuclear threats

US West Texas Intermediate (WTI) was up 14 cents, or 0.2 per cent, at $57.65 a barrel. Crude oil futures settled modestly higher on Monday amid rising geopolitical tensions and on hopes there will s...

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Turkey's Erdogan clarifies decision on dismissing Central Bank chief

Turkey's Erdogan clarifies decision on dismissing Central Bank chief

Inflation reached 24% in August 2018, peaking at 25% in October. By June 2019, inflation dropped to 15,7%, down from 18.7% in May. Trump at the time blamed the previous administration of Barack Obam...

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WeWork said to raise up to $4b in debt ahead of IPO

WeWork said to raise up to $4b in debt ahead of IPO

Nonetheless, ride-sharing pioneer Uber and its smaller rival Lyft Inc. went public earlier this year, but both ride-hailing enterprises were met with heavy criticisms from investors regarding their ...

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Amazon brings Prime Day Celebration Alive with Virtual Reality Experience Zones

Amazon brings Prime Day Celebration Alive with Virtual Reality Experience Zones

If you're still not a member, you can start a free 30-day trial to make your account eligible for all the benefits of Prime, including the deals at Amazon Books and Amazon 4-star stores and the on...

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Asian shares subdued on dampened US rate cut expectations

Asian shares subdued on dampened US rate cut expectations

MSCI's broadest index of Asia-Pacific shares outside Japan stumbled 0.3 percent, with South Korea's KOSPI off 1 percent and Australian shares down 0.4 percent. The dollar index, which measures the gre...

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Outage problems at Rogers Wireless cause intermittent service

Outage problems at Rogers Wireless cause intermittent service

While the website does not include an estimated time of fix, the company says teams are "working hard to address the interruption as quickly as possible". Sunday. Montreal police have not said if th...

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CannTrust inventory on hold for violating Health Canada cannabis regulations

CannTrust inventory on hold for violating Health Canada cannabis regulations

The regulator placed a hold on about 5,200 kilograms of dried cannabis that were harvested in the rooms, while CannTrust also put voluntary hold on 7,500 kg of cannabis equivalents inventory that wa...

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VW, Ford reach outline agreement to share electric, autonomous tech

VW, Ford reach outline agreement to share electric, autonomous tech

Under the agreement, Volkswagen will share its technologies, namely its platform for electric vehicles dubbed MEB with Ford, the source said. On Friday morning, Reuters reported that the collabo...

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Tesla to offer self-driving chip upgrade for older models

Tesla to offer self-driving chip upgrade for older models

Tesla CEO Elon Musk confirms that Tesla will likely stop selling cars to consumers at a reasonable price. Elon Musk has confirmed that the current fleet of older Tesla cars, or as they're commo...

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Toddler dies after being 'dropped by grandfather' on cruise ship

Toddler dies after being 'dropped by grandfather' on cruise ship

The child was said to have fallen onto concrete below while the ship was docked in San Juan, Puerto Rico at 4.30pm local time yesterday (9.30 United Kingdom time). Reps for Royal Caribbean didn't imme...

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USD/JPY Forecast: Trying to Carve Out a Bottom

USD/JPY Forecast: Trying to Carve Out a Bottom

But with so much priced in now, any failure to deliver on easing could spark a tantrum. - "Sad" milestone as all Danish government bond yields dip below 0%. - Trump officials say U.S. Yields on tw...

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Forensic Audit Found Rs 3,800 Crore Fraud, Says Punjab National Bank

Forensic Audit Found Rs 3,800 Crore Fraud, Says Punjab National Bank

PNB said the company misappropriated bank funds and manipulated books to raise funds from consortium lenders. The PNB noted that it has already made provisions amounting to Rs 1,932.47 crore in its ...

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