Economy

McDonald’s to switch to paper straws in U.K., Ireland

McDonald’s to switch to paper straws in U.K., Ireland

UK Prime Minister Theresa May said earlier this spring that she aims to ban the sale of single-use plastic straws. The chain has been working with start-up Transcend Packaging, based in Wales, and H...

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Kellogg Recalls Honey Smacks Cereal on Salmonella Concerns

Kellogg Recalls Honey Smacks Cereal on Salmonella Concerns

The CDC said epidemiologic evidence indicates that Kellogg's Honey Smacks cereal is a likely source of this multi-state outbreak. The CDC warned Americans to dispose of any Honey Smacks cerea...

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Facebook tells what user information they need, 112.worldwide

Facebook tells what user information they need, 112.worldwide

In the answers, the company also detailed ways its partners were able to gather information about users' activities even if they're not logged into Facebook, including information about the purchases ...

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Theranos founder, former president indicted on wire fraud charges

Theranos founder, former president indicted on wire fraud charges

They also told investors the company's partnership with Walgreen's for blood-testing "Wellness Centers" was expanding, when in reality it was stalled because executives at the pharmacy giant "had conc...

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Charlotte Airport Latest: Flights Cancelled Stranding Thousands of Passengers After Technical Fault

Charlotte Airport Latest: Flights Cancelled Stranding Thousands of Passengers After Technical Fault

American, which is based in Fort Worth, Texas, moved passengers to flights on its main jet operations or other regional carriers. American Airlines Group Inc. The affiliate serves almost 90 destin...

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Oil prices slip as US and Russian supplies grow

Oil prices slip as US and Russian supplies grow

In January 2017 OPEC and some non-OPEC partners, including Russian Federation, cut oil output by 1.8 million barrels per day (bpd). And the USA reportedly supports the output increase as gasolin...

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Strong Bounce on Remarks from SEC Official

Strong Bounce on Remarks from SEC Official

Bitcoin , too, rose as a result of this news. The SEC's position is particularly significant given ether's status as the second largest cryptocurrency in terms of market capitalization. Hinman ask...

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Mark Sanford, Fromer SC Governor, Loses Seat in U.S. House

Mark Sanford, Fromer SC Governor, Loses Seat in U.S. House

In Virginia , Republicans went with a candidate who was so over-the-top Trumpy that he wound up being fired from the president's campaign. Whatever delayed Trump's endorsement ... In South Carolin...

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Wins O'Hare Airport train contract

Wins O'Hare Airport train contract

Autonomous electric vehicles known as skates would carry 8 to 16 people and their luggage on the 18-mile trip between O'Hare and Block 37 in about 12 minutes, reaching a top speed of about 150 miles...

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Microsoft is developing its own cashierless store technology, says report

Microsoft is developing its own cashierless store technology, says report

Microsoft has worked with partners to target the retail industry, rather than compete with them head-to-head the way that Amazon is doing. Amazon may be facing new competition from Microsoft on its...

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Marin among nation's top three most expensive places for renters

Marin among nation's top three most expensive places for renters

A Vermonter making minimum wage would need to work 1.7 jobs to afford a one-bedroom rental home or apartment, according to a report released Wednesday. Meanwhile, Hawai'i's minimum wage is set at $10...

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Philadelphia bids to host 2026 World Cup matches

In qualification for the 2018 World Cup, the US surprisingly finished fifth in a group of six countries in the fifth round of qualification, only ahead of Trinidad & Tobago. And unlike past World Cup ...

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Bitcoin Price was Manipulated by Tether, Researchers Claim

Bitcoin Price was Manipulated by Tether, Researchers Claim

In the last 24 hours, bitcoin has fallen almost seven percent, according to CoinMarketCap. Evidence of price manipulation was found in all of those, too. The periods with the largest flow of teth...

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Fed interest rate: Federal Reserve hikes interest rate another quarter point today

Fed interest rate: Federal Reserve hikes interest rate another quarter point today

Estimates of longer-run interest rates were unchanged and seen reaching as high as 3.4 percent in 2020 before dropping to 2.9 percent in the longer run. In its updated forecasts , the Fed envisions s...

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More than 900 rescued refugees arrive in Sicily

Macron said Rome had acted "with cynicism and irresponibility" by turning away the migrant ship Aquarius. Meanwhile Finance Minister Giovanni Tria announced that he would cancel an official visit to...

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Fed hikes interest rates again, raises outlook for more increases in 2018

Fed hikes interest rates again, raises outlook for more increases in 2018

Interest rates are expected to increase to 3.1% next year, up from the previous forecast of 2.9%. The Federal Reserve on Wednesday announced that it chose to raise interest rates, and it signalled...

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Oil Prices Are Too High

Crude inventories fell by 4.1 million barrels in the week to June 8, exceeding analysts' expectations for a decrease of 2.7 million barrels. The Paris-based agency last month cut its forecast for ...

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Tesla to lay off 9% of workers as part of restructuring plan

Tesla to lay off 9% of workers as part of restructuring plan

Shares of Tesla were up about 3.8% at the time of writing. Tesla said it began notifying impacted workers on Tuesday and would continue to do so throughout the week. Tesla has also pushed back ...

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Ethereum Classic soars as Coinbase announces listing plan

Ethereum Classic soars as Coinbase announces listing plan

Ethereum Classic is a digital currency that is the result of a hard fork in the ethereum blockchain. Ethereum Classic support will be offered in "all geographies where the asset is compliant with l...

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Uber driver ‘kicks lesbian couple out of his auto for kissing’

Uber driver ‘kicks lesbian couple out of his auto for kissing’

The women say that the driver soon pulled over, opened the doors, and said, "You should not do that". Iovine presses him to explain, asking: 'Why are we not allowed to kiss in an Uber?' "At one poin...

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Toyota to buy $1-billion stake in Grab

Toyota to buy $1-billion stake in Grab

Grab is in eight nations in the region, including Malaysia, Singapore and Indonesia. Meanwhile Japan's SoftBank Group Corp - also an investor in Grab and Uber - last month said it would invest $2.25...

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Time Warner: Political ‘Motivation’ Was Behind Antitrust Lawsuit

Time Warner: Political ‘Motivation’ Was Behind Antitrust Lawsuit

Gary Ginsberg, 's executive vice president, said in a statement that U.S. District Judge Richard Leon's "resounding rejection of the government's arguments is confirmation that this was a case that ...

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IHOP reveals the mystery of IHOb

IHOP reveals the mystery of IHOb

And it doesn't stop there. "The chain is better known for breakfasts than for burgers, and that's exactly what the division of Dine Brands Global wants to change", Time reported . A couple of d...

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Manipulation Probe: US Regulator Demands Info From Bitcoin Exchanges

Manipulation Probe: US Regulator Demands Info From Bitcoin Exchanges

The Commodity Futures Trading Commission ( CFTC ) has launched an investigation into Coinbase, Bitstamp, Kraken as well as ItBit exchanges. According to the report , the failure irked the CFTC, w...

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South Korea Didn't See This Coming - Cortney O'Brien

South Korea Didn't See This Coming - Cortney O'Brien

US President Donald Trump's abrupt announcement in Singapore on Tuesday that he will suspend US military drills in South Korea appeared to catch both the Pentagon and the Seoul government flat-fo...

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Poundworld falls into administration

A source told Sky News that discussions about a rescue deal between Poundworld's owner, TPG Capital, and Rcapital, had fallen apart over the weekend, days after a bid from Alteri Investors, another ...

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House vote still looms at Net Neutrality comes to an end

House vote still looms at Net Neutrality comes to an end

But, in December, the FCC voted to repeal the rules . Enacted in 2015, the rules sought to stop providers giving preferential treatment to sites and services that paid them to accelerate their data...

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Burger joints start social

Burger joints start social "beef" with "IHOB"

With prices coming down, the chain restaurant formerly known as IHOP said it's changing its name to highlight a renewed focus on the grilled American staple. "We are definitely going to be IHOP ...

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South Koreans hold mixed views on the Trump-Kim summit

South Koreans hold mixed views on the Trump-Kim summit

It's a dramatic departure for Trump, who kicked off 2018 bragging that his nuclear button is "much bigger" than Kim's. East Coast time - according to the White House. Ambassador to the Philippines S...

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North Korea summit: How Trump will communicate, negotiate with Kim Jong Un

North Korea summit: How Trump will communicate, negotiate with Kim Jong Un

Singapore's foreign minster Vivian Balakrishnan tweeted a selfie of himself with Mr Kim during the surprise walkabout. Kim is welcomed by Singapore's Prime Minister Lee Hsien Loong during his...

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People Are Already Wreaking Havoc With Elon’s Flamethrowers — Musk Madness

People Are Already Wreaking Havoc With Elon’s Flamethrowers — Musk Madness

The billionaire posted a warning to Twitter Saturday: "Please use as directed to avoid unintentionally burning things down". In an unsurprising, yet unfortunate turn of events, Musk was blocked fr...

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Net Neutrality Is Alive and Well in Washington State

Net Neutrality Is Alive and Well in Washington State

As already noted , today's the day that the FCC's 2015 net neutrality rules are officially eliminated. Last month, FCC chairman Ajit Pai said the retraction of net neutrality rules was needed...

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Land Rover Discovery model moved to Slovakia from the UK

Land Rover Discovery model moved to Slovakia from the UK

Jaguar Land Rover first announced its intention to begin production of the Discovery in Slovakia in 2016, but did not mention at the time that the process could involve the migration of the model's...

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Bitcoin falls most in three months after Korean exchange hacked

Bitcoin falls most in three months after Korean exchange hacked

When the bitcoin price fell more than $1,000 and the cryptocurrency market cap shed more than $ 40 billion on "Bloody Sunday", many media commentators attributed the decline to a security breac...

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Amazon Expands Whole Food Discounts to Southern California, Other States

Amazon Expands Whole Food Discounts to Southern California, Other States

Here are examples of Prime discounts available starting Wednesday. Amazon announced this morning that Whole Foods savings are now available to Prime members shopping in 10 more states, including A...

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