Economy

Bitcoin Falls Another 10% on China’s Crackdown: Should You be anxious?

Bitcoin Falls Another 10% on China’s Crackdown: Should You be anxious?

Blockstream CEO Adam Back seems to be unfazed by China doubling down its crackdown on Bitcoin. Brian Kelly, in a recent interview with CNBC , claimed that the Chinese state has taken the curious ...

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Wicked weather threatens Thanksgiving travel for millions of Americans

Wicked weather threatens Thanksgiving travel for millions of Americans

COLORADO SPRINGS: High: 50; Low: 25. PRECAUTIONARY/PREPAREDNESS ACTIONS. A Winter Storm Watch means there is a potential for significant snow, sleet, or ice accumulations that may impact travel. ...

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Kirkland Lake Gold (TSE:KL) Trading Down 15.2%

Kirkland Lake Gold (TSE:KL) Trading Down 15.2%

After the deal is completed, existing Kirkland shareholders will own 73 per cent of the new company, with Detour owners holding the rest. Kirkland Lake Gold and Detour Gold Corp have entered int...

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Charles Schwab buys TD Ameritrade in brokerage blockbuster

Charles Schwab buys TD Ameritrade in brokerage blockbuster

Once this is done the new company will have around 5 trillion dollars in client assets under its management. The deal is expected to generate joint annual revenues of $17bn and pre-tax profits of $8...

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Honda City Unveiled, India Launch Expected In Mid

Honda City Unveiled, India Launch Expected In Mid

On the inside, the Honda City RS offers a tad more sport-oriented cabin which does justice to the "RS" badge. The new City is equipped with 6 airbags. The range-topping RS package of the new City is...

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LVMH to buy luxury jeweller Tiffany for $16bn

LVMH to buy luxury jeweller Tiffany for $16bn

The Tiffany acquisition is LVMH's biggest deal. Mr Arnault said: "We are delighted to have the opportunity to welcome Tiffany, a company with an unparallelled heritage and unique position in the g...

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The ball is now in Hong Kong government's court

The ball is now in Hong Kong government's court

Geng echoed remarks made by his boss Foreign Minister Wang Yi earlier in Tokyo, claiming that Hong Kong matters were China's domestic affairs. He added: "Any attempts to destroy Hong Kong or har...

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UK ticket-holder claims £105m EuroMillions jackpot

UK ticket-holder claims £105m EuroMillions jackpot

The identity of the ticket-holder, and whether they are an individual or a syndicate, will not be revealed unless they decide to go public. The winning numbers from the main EuroMillions draw were: ...

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Schwab-Ameritrade Set to Unveil Merger Today

Schwab-Ameritrade Set to Unveil Merger Today

If the deal negotiations prove successful, the companies could announce an agreement in the coming days, the source added, asking not to be identified because the matter is confidential. A potential d...

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Facebook built a facial recognition app that identified employees

Facebook built a facial recognition app that identified employees

Even after a major data breach and Cambridge Analytica scandal , Facebook's name continues to appear in privacy-related debacles. According to another source, the app was showcased before employees...

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Uber refused licence to continue operating in London

Uber refused licence to continue operating in London

Uber is expected to challenge the decision and would be allowed to continue to operate during the appeals process. Uber fares in London have gone up to help drivers buy electric cars, the company sa...

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Amazon takes US govt to court for giving cloud contract to Microsoft

Amazon takes US govt to court for giving cloud contract to Microsoft

In keeping with a report in Bloomberg, Amazon is predicted to argue that President Trump unfairly " meddled " to slant the bidding course of towards the corporate, presumably citing the continued feud...

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Elon Musk suggests Tesla has 200,000 orders for Cybertruck

Elon Musk suggests Tesla has 200,000 orders for Cybertruck

If you were to ask us, the Cybertruck looks like a low polygon vehicle ripped right out of a classic PlayStation 1 game. Regardless, it's a bold and interesting move from Musk's automotive company t...

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LVMH increases bid for United States jeweller Tiffany to $16.7bn

LVMH increases bid for United States jeweller Tiffany to $16.7bn

The new price is up from US$130 last week and $15 higher than the original all-cash offer delivered to Tiffany by LVMH managing director Antonio Belloni on October 18. Founded in 1837, it employs more...

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Oil pulls back from two-month highs on China trade worries

Oil pulls back from two-month highs on China trade worries

West Texas Intermediate Crude oil futures for January ended down $0.81, or about 1.4%, at $57.77 a barrel. China has invited top USA trade negotiators for a new round of face-to-face talks in Beij...

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Real Christmas tree business booms in East Tennessee

Real Christmas tree business booms in East Tennessee

Why? A report from Square said that 2019 will be "the most expensive season ever for real Christmas trees". "There is a shortage at those locations, but here at our farm, we plant a tree for every t...

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Friday Shows Bloodbath for Crypto Markets, Bitcoin Price At $7300

Friday Shows Bloodbath for Crypto Markets, Bitcoin Price At $7300

The number one altcoin continues to trade in ideal sync with BTC, showing upward price behavior leading to its current trading position, up.73% on the day. Ether ( ETH ), meanwhile, is now sitting c...

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Doctor sucks urine for elderly man onboard flight

Doctor sucks urine for elderly man onboard flight

That is when Dr Hong suspected that it was causing urinary retention in him. The elderly male passenger could not relieve himself and was sweating heavily from discomfort, but the flight was still s...

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Lexus unveils its first EV, the Lexus UX 300e

Lexus unveils its first EV, the Lexus UX 300e

Power comes from a 54.3kWh under-floor battery offering a claimed range of around 400km and fast charging at speeds of up to 50kW. Lexus says by utilising the knowledge acquired developing hybri...

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Romaine salad recall expands amid E. coli outbreak

Romaine salad recall expands amid E. coli outbreak

Even so, Rogers says it is safer in the midst of a rapidly changing outbreak to simply forgo all raw romaine for now, especially for people who are vulnerable to food poisoning and its effects, mean...

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The FCC votes to block Huawei from billions in federal aid

The FCC votes to block Huawei from billions in federal aid

The commission's vote marks the latest bid by the federal government to curb the influence of these companies, which many US policymakers say threatens national security and American dominance in th...

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New President Christine Lagarde asks governments to help growth

New President Christine Lagarde asks governments to help growth

In prepared remarks for a speech delivered at the Frankfurt European Banking Congress, ECB chief, Christine Lagarde called on authorities to complete the single market in services and the European a...

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Binance say their offices have not been raided in Shanghai

Binance say their offices have not been raided in Shanghai

Lederman stated that Frank Chaparro, The Block's news director, plans to "address the usage of objectionable language" in the story that had reported the raid. Watchdogs in Shanghai, for instance,...

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The Best Black Friday 2019 Deals on AirPods, AirPods Pro

The Best Black Friday 2019 Deals on AirPods, AirPods Pro

Black Friday 2019 has officially arrived at Amazon , and there are thousands upon thousands of killer deals offering impressive savings on just about everything you can think of. To get the deal, you...

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Tensions rise as CN Rail strike enters 5th day, talks still underway

Tensions rise as CN Rail strike enters 5th day, talks still underway

The Quebec premier said the province's supply of propane is set to run out in four days, and the movement of freight destined for the USA and global markets stalled on Canada's largest railway. A nine...

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Google Cloud server left a billion people's data unsecured

Google Cloud server left a billion people's data unsecured

The leak was discovered by a dark web researcher who said the server shared enough information that hackers could easily impersonate the victims online. The data had been aggregated by PDL, but the em...

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William Hill to expand Las Vegas footprint via CG Technology acquisition

William Hill to expand Las Vegas footprint via CG Technology acquisition

However, this should be nothing more than a simple formality, given that William Hill is in good standing and regulators may simply prefer to have CG Technology exit the local gambling scene in li...

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Elon Musk debuts Tesla 'Cybertruck', Net Worth Plummets $768 Million

Elon Musk debuts Tesla 'Cybertruck', Net Worth Plummets $768 Million

In a demonstration of the truck's toughness late Thursday, long-time Tesla lead designer Franz von Holzhausen was not able to dent the door by whacking it with a mallet. However, sources tell TMZ th...

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WeWork says it will cut 2,400 jobs globally

WeWork says it will cut 2,400 jobs globally

WeWork's largest outside shareholder, Softbank , has announced a plan to bail out the company and reorganize the business. WeWork said on Thursday it is laying off around 2,400 employees, ne...

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OECD forecast sees global growth at decade low

OECD forecast sees global growth at decade low

Investment needed to keep growth from flat-lining. While the fragility of the world economy can be blamed in large part on deliberate policy decisions, it also reflects deeper, structural changes, s...

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A Spanish court has ordered Ryanair to cancel their cabin baggage fee

A Spanish court has ordered Ryanair to cancel their cabin baggage fee

Ryanair said it would not be changing its policy on cabin luggage fees, despite a court in Madrid ruling they were " abusive ". The passenger had a bag weighing 10 kilograms and did not have a "Pr...

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Intel publishes letter apologizing for CPU supply issues

Intel publishes letter apologizing for CPU supply issues

In the letter , Intel further observed that it has invested "record" levels of capital in increasing 14nm wafer capacity throughout the course of 2019 (while also ramping up 10nm). Interestingly, the...

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Federal Court hands down judgement on pelvic mesh class action

Federal Court hands down judgement on pelvic mesh class action

The case will return to the Federal Court in February for damages to be determined. NHS England estimated that better than 100,000 females had vaginal mesh surgical operation to contend with urinary...

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The Hyundai RM19 Mid-Engine Car can happen ... somehow

The Hyundai RM19 Mid-Engine Car can happen ... somehow

The hybrid and plug-in hybrid cars get an updated mesh-style grille, while the Ioniq Electric gets a new front panel pattern where the gas-engined car's grille would be. The new IONIQ lineup features ...

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Westpac bank 'breached anti-money laundering laws'

Brian Hartzer also dodged questions about his future at the bank in a teleconference with media on Wednesday. Australia's financial crime watchdog has accused Westpac bank of 23 million breaches of ...

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