Economy

PG&E Sees Billions More in Wildfire Costs in 2019

PG&E Sees Billions More in Wildfire Costs in 2019

PG&E filed for bankruptcy protection in January 2019 in the face of liabilities estimated at more than 30 billion dollars in connection with the catastrophic wildfires. PG&E has for months been spen...

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FDA announces BLA for Zolgensma may contain manipulated data

FDA announces BLA for Zolgensma may contain manipulated data

The FDA is now investigating the situation and if this does reveal compromised data from human trials, ICER could update its pricing of the novel gene therapy . "First and foremost, we are fully co...

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The US-China Trade war has turned in to currency war

The US-China Trade war has turned in to currency war

China stabilized its currency Tuesday, suggesting it might hold off from aggressively letting the yuan weaken as a way to respond to USA tariffs on Chinese goods. "The Chinese yuan, which has been ...

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Teens on overtime making Amazon devices

She told researchers that her teacher initially said she would be working eight hours a day, five days a week but this had since changed to 10 hours a day (including two hours' overtime) for six days ...

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Walmart To Remove Video Game Displays, Not Guns, From Its Stores

Walmart To Remove Video Game Displays, Not Guns, From Its Stores

Employees were also ordered to turn off hunting season videos in the sporting goods department where guns are sold. Walmart stores this week began removing signs with "violent images" and turning ...

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Airline hits back over 'backless seat' photo

Airline hits back over 'backless seat' photo

Replying to the interaction, one social media user joked: "I'm sorry you found evidence of our negligence". It happened on flight 2012 Luton to Geneva, on easyJet. But when contacted by Yahoo UK e...

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How major U.S. stock indexes fared Wednesday

How major U.S. stock indexes fared Wednesday

However, market participants moved back into safe havens such as gold, much like they had on Monday when the yellow metal reached a more than six-year high. The US-China trade fight is unresolved. The...

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Aussie supermarket trialling year-round hot cross buns

Aussie supermarket trialling year-round hot cross buns

In what may just be a massive "fuck you" to everyone who complains about hot cross buns being on shelves microseconds after the tinsel of Christmas is taken down, Coles has declared that it won't just...

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UK-based Ryanair pilots authorize 2 strikes over next month

UK-based Ryanair pilots authorize 2 strikes over next month

Four-fifths of votes backed a strike on a 72% turnout, according to the union, though Ryanair said the numbers represent a minority of its United Kingdom crews. Mr O'Leary told its staff it has 500 mo...

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William Hill embarks on transitional journey posting group losses of £63m

William Hill embarks on transitional journey posting group losses of £63m

Publishing its interim 2019 results (26-week period ending 2 July) FTSE250 William Hill Plc details solid progress on the firm's five-year business transformation strategy (announced November 2018) ...

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Flight attendant arrested and sacked for being 'wasted' on the job

Flight attendant arrested and sacked for being 'wasted' on the job

The document also said she denied taking any medications prior to the flight, and told officers she consumed two "vodka shooters" before her shift. Her blood alcohol level was found to be twice the le...

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China hasn't manipulated its currency — International Monetary Fund contradicts Trump

China hasn't manipulated its currency — International Monetary Fund contradicts Trump

The yuan's biggest slump since 2015 spurred panic all over the world, prompting accusations from the US that China was manipulating the exchange rate as tool to fight the trade war. James Daniel, th...

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Trusted Marketing Partner of Instagram Caught Tracking Millions of Users

Trusted Marketing Partner of Instagram Caught Tracking Millions of Users

It also saved public Stories - viewing them beyond the 24-hour mark where they're supposed to expire - and scraped user profile data. "We've also made a product change that should help prevent other...

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Activision Backs off on Earnings, Analysts’ Ratings

Activision Backs off on Earnings, Analysts’ Ratings

Other equities analysts have also recently issued research reports about the stock. Furthermore, Activision Blizzard boasts that net bookings - spending on in-game items and so on - for Black Ops ...

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Uber reports $5.2 bn loss in Q2 as growth falls

Uber reports $5.2 bn loss in Q2 as growth falls

But even as it invests aggressively, Uber's revenue growth continues to slow. The underlying results look "solid."Overall, comes away from results "incrementally more positive" on Uber given impro...

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Broadcom to Buy Symantec's Enterprise Unit for $10.7 Billion in Software Push

Broadcom to Buy Symantec's Enterprise Unit for $10.7 Billion in Software Push

But Broadcom returned to the negotiating table with an offer to buy Symantec's enterprise security business instead, which accounts for about half of the company's $5 billion annual revenues. It pla...

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Google And Twitter Are Using AMD’s New Processors In Their Datacenters

Compared with the first generation Epyc processor launch back in 2017, yesterday evening saw a big change in initial support. TYAN's first-wave offerings include a 2U single-socket Transport SX TS65...

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New Brunswick economy sheds 7,300 full-time jobs in July, unemployment reaches 8.5%

New Brunswick economy sheds 7,300 full-time jobs in July, unemployment reaches 8.5%

Gains were also seen in the public administration industry, which posted an increase of 9,200 positions. The number of jobs in the services-producing sector fell by 26,300. The national labour situa...

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Irish-Based Ryanair Pilots Vote To Strike

Irish-Based Ryanair Pilots Vote To Strike

This comes amid a dispute over pay and conditions. Ryanair pilots in Ireland will join their UK-based colleagues in going on strike if the no-frills carrier does not agree to their pay demands by ...

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NoKor has fired 2 more projectiles into sea - SoKor

NoKor has fired 2 more projectiles into sea - SoKor

Critics say Trump, in his desire for a deal, is allowing Kim too much ground. "I think we'll have another meeting. He really wrote a handsome, three-page - I mean, right from top to bottom - a really ...

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US PPI for final demand edges up 0.2 pct in July

US PPI for final demand edges up 0.2 pct in July

Last month's increase in the PPI was in line with economists' expectations. That was exactly as anticipated by economists, although the year-on-year rate of increase for June was revised higher from...

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After years of promises, Trump again sounds dire about China trade pact

After years of promises, Trump again sounds dire about China trade pact

He also announced the United States is cutting all ties to Huawei, the giant Chinese telecommunications company that Beijing considers one of its industrial champions but the Trump administration co...

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Gold holds ground above $1,500 on trade tensions

Gold holds ground above $1,500 on trade tensions

USA gold futures settled down 0.7% at $1,509.50 per ounce. Global stock markets enjoyed a tentative recovery following sharp falls in response to an escalation in the trade war, when China allowed...

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Broadcom Acquires Symantec Enterprise Unit For £8.8bn

Broadcom Acquires Symantec Enterprise Unit For £8.8bn

Salesforce.com Inc. on Wednesday announced the $1.35 billion acquisition of ClickSoftware Technologies Ltd., which works on workplace-management software. The sale of its enterprise business will allo...

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China exports rise despite ongoing trade row with US

China exports rise despite ongoing trade row with US

Three bulk cargo vessels are waiting to be loaded with soybeans at Pacific Northwest ports and two more are en route to be loaded, a total haul estimated at around 325,000 tonnes, according to private...

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Oil rises despite IEA report showing demand growth at decade low

Oil rises despite IEA report showing demand growth at decade low

For the week, Brent lost more than 5%, while WTI fell about 2%, after markets this week were weighed down by an unexpected build in U.S. crude stockpiles and on fears of slowing demand amid the deepen...

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Walmart removes displays of violent video games following El Paso shooting

Walmart removes displays of violent video games following El Paso shooting

Marshall said he and his colleagues are also organizing a walkout and moment of silence at 3 p.m. local time Monday at facilities across the country. Spokespeople for the company say there was no si...

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Attendant on flight to South Bend charged with public intoxication

Attendant on flight to South Bend charged with public intoxication

According to the affidavit, "airport officers and personnel from United Airlines" boarded the plane to meet March once the flight had landed in South Bend. A boozed-up flight attendant was busted in I...

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Trump says he won’t devalue dollar amid trade war with China

Trump says he won’t devalue dollar amid trade war with China

Some investors and economists worry that the U.S. U.S. chipmakers such as Intel , Qualcomm , and Broadcom sent their chief executives to meet with President Trump in July in a bid to accelerat...

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Oil prices drop as U.S.-China trade dispute stokes demand worries

Oil prices drop as U.S.-China trade dispute stokes demand worries

On Monday, the 5th of August 2019, both USA and United Kingdom crude futures' prices took a tumble of more than 3 percent, as global growth concerns had been trembling financial markets across the wor...

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Iconic Barneys latest retailer to file for bankruptcy

Iconic Barneys latest retailer to file for bankruptcy

A Manhattan institution for almost a century, the storied retailer has struggled in the face of an annual rent bill that reportedly rose dramatically early this year to upwards of $44 million, particu...

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Sears At Crossroads Mall In Portage To Close

Sears At Crossroads Mall In Portage To Close

Sears emerged from bankruptcy in February. Lampert is chairman of the company. The company said laid-off employees will be offered the same amount of severance that Sears Holdings gave to employee...

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Billionaire: Epstein misappropriated 'vast sums' from wealth

Billionaire: Epstein misappropriated 'vast sums' from wealth

Wexner, who is also the founder of L Brands , a fashion retailer, said he chose to sever ties with Epstein in 2007 when allegations surfaced that he had sexually abused underage girls. Epstein repor...

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Trump blames Fed, says USA manufacturers hurt by dollar

Trump blames Fed, says USA manufacturers hurt by dollar

He had been hoping for a rate cut of at least a half-point. The latest outburst comes amid the escalating trade war with China - days after the US Treasury labelled Beijing a currency manipulator...

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Winning Lotto 649 Numbers for Wednesday, August 7

Winning Lotto 649 Numbers for Wednesday, August 7

One lucky punter claimed €119,270 after matching five numbers, plus the bonus. The winning Quick Pick ticket worth €119,270 was sold on Friday 2nd August at the Maxol Service Station in Flower Hill,...

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