Economy

US Employers Added 177K Jobs in June

US Employers Added 177K Jobs in June

Manufacturers added 36,000 jobs last month. And companies have been offering more benefits to attract and retain their workers. The services sector again led the way with 148,000 new hires, with h...

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Move Over, Warren Buffett-Mark Zuckerberg Is Now the World's Third-Richest

Move Over, Warren Buffett-Mark Zuckerberg Is Now the World's Third-Richest

This is also the first time that the three wealthiest people on the ranking list have made their wealth from technology, with Buffet's industrial sector being listed as "Diversified". The record stock...

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United States chipmaker Micron denies receiving Chinese injunction on chip sales

United States chipmaker Micron denies receiving Chinese injunction on chip sales

Korean chip makers are keenly checking the situation, fearing that the sanctions of China will be extended to Korea later than enjoy reflective benefits. However, the Chinese court did not informed Mi...

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Oil falls as Trump urges OPEC to reduce prices

Oil falls as Trump urges OPEC to reduce prices

The logic is odd though. The market was expecting "higher exports and lower imports, but we got the reverse", said Rob Thummel, managing director at Tortoise, which handles $16 billion in energy-r...

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Starbucks employee fired after mocking stuttering customer

Starbucks employee fired after mocking stuttering customer

A person on Facebook posted on Sunday (Monday NZ time) that his friend stuttered when giving his name at a branch in Philadelphia , and that the barista made light of it verbally and then spelled t...

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Air New Zealand Is First Airline To Serve Impossible Burgers

Air New Zealand Is First Airline To Serve Impossible Burgers

He also warned Air New Zealand chief executive Christopher Luxon to butt out of politics. Speaking of their collaboration with Impossible Foods, Air New Zealand's Inflight Customer Experience Ma...

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USA tariffs on Chinese imports take effect

USA tariffs on Chinese imports take effect

Chinese President Xi Jinping (left) and US President Donald Trump in Florida past year. The first round of these tariffs were due to take affect at 4pm NZT. In addition to the $US16b under consu...

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China says the

China says the "largest trade war in economic history" just began

Beijing said it had no choice but to respond in kind, but was yet to outline the full extent of any retaliatory measures. The United States and China launched what Beijing called the " biggest ...

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Windsor's Labour Participation Rate Lowest In Canada

Windsor's Labour Participation Rate Lowest In Canada

The look ahead: "Ignore the uptick in the unemployment rate that stems from the rising labor force". The participation rate - the percentage of the working age population employed or actively looki...

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Trade war erupts as China fights back against USA tariffs

Trade war erupts as China fights back against USA tariffs

Chinese companies and investors girded for the worst, while economists cautioned any impact on the economy would be minimal. It asserted that Washington's move would trigger market turmoil across th...

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Elon Musk's team is talking with Thai officials for cave rescue

Elon Musk's team is talking with Thai officials for cave rescue

The first plan involves teaching the children and their coach how to dive, the second involves draining the tunnels to adequately lower the water levels, and the third involves drilling into the caves...

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ZTE names new CEO, other top executives to comply with U.S. mandate

ZTE names new CEO, other top executives to comply with U.S. mandate

Xu Ziyang , former head of ZTE's business in Germany, is the company's new CEO, according to an unnamed source cited by The Wall Street Journal . The reprieve from the department's earlier ban on Z...

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USA job growth strong but unemployment rate rises to 4%

USA job growth strong but unemployment rate rises to 4%

The report showed that Canada's trade surplus with the USA narrowed to $3.3 billion in May, from $3.7 billion April, as more imports headed north across the border and south-bound exports decreased. Y...

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Warehouse collapse prompts request to avoid use of fireworks in area

Warehouse collapse prompts request to avoid use of fireworks in area

Spalding said crews, including the Bardstown Fire Department, arrived at the scene within five minutes. He says state and federal officials are on the scene to determine if any whiskey spilled into ...

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Uber faces de-merger from Singapore competitor Grab after fare hike

Uber faces de-merger from Singapore competitor Grab after fare hike

Local ride-hailing company Grab has called the Singapore competition watchdog's provisional decision against its merger with Uber as "overreaching" and going against the country's pro-business rules. ...

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Tesla shares sink on new doubts despite firm hitting production target

Tesla shares sink on new doubts despite firm hitting production target

In light of 420,000 outstanding reservations specified in Tesla's latest production results it could indeed have an effect when reservation holders transform the deposit into an order - and pay an...

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Defense Partnership With Embraer Will Test Brazil's Boeing Appetite

Defense Partnership With Embraer Will Test Brazil's Boeing Appetite

Boeing said it expects the deal to add to its earnings per share starting in 2020 and generate estimated annual pre-tax cost savings of approximately $150 million in the third year. The transaction is...

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Baidu's self-driving bus begins mass production

Baidu's self-driving bus begins mass production

The clip showed the bright blue bus in action, stopping in front of passengers and carrying them in the moving vehicle. The buses will feature Apollo 3 .0, the latest version of Baidu's open autono...

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Dollar takes a breather as trade concerns linger

Dollar takes a breather as trade concerns linger

The head of China's central bank says he's closely watching the recent slide in the value of the yuan against the US dollar, but the country's economic fundamentals remain strong. Europe's tech and ...

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Guy Grabs Teen's MAGA Hat in San Antonio Whataburger

A man is seen throwing a drink at 16-year-old Hunter Richard's face. Spittler asked for social media help in identifying the man, who she called the "scum bag of the year". The man in the video was ...

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Chestnut, Sudo defend hot dog eating titles

Chestnut, Sudo defend hot dog eating titles

Or at least he swallowed them after dipping them in water. Last year, he almost equaled that mark with 72 dogs . The video is below, but be warned - it's hardly ASMR. That men's competition will then...

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RCMP move to extract pipeline protesters hanging from Vancouver bridge

RCMP move to extract pipeline protesters hanging from Vancouver bridge

After being processed at the police station, they'll be released on a promise to appear in court, Mounties said. "It is in my blood to protect the water". A statement issued by the Trans Mountain medi...

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Oil climbs despite Trump’s call for OPEC to reduce pricing

Oil climbs despite Trump’s call for OPEC to reduce pricing

Taking time out from US Independence Day celebrations, Trump sent a strongly worded message to the heads of the Organisation of the Petroleum Exporting Countries (OPEC) in a tweet. And "there is alw...

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Chairman of Giant Chinese Conglomerate Dies in Fall

Chairman of Giant Chinese Conglomerate Dies in Fall

The 57-year old, credited with driving a massive expansion overseas at the investment company he co-chaired HNA Group , fell nearly 10 metres (32 feet) after climbing onto a parapet in Bonnieux , a ...

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China rejects ‘blackmail’ on eve of U.S. tariff hike

China rejects ‘blackmail’ on eve of U.S. tariff hike

The planned measures have already unsettled markets and provoked warnings from companies of damage to their bottom lines and higher prices for consumers . The US measures are expected to take eff...

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China's Baidu set to launch self-driving buses

The self-driving buses, which can seat up to 14 people, were co-developed by Baidu, which is transforming itself into an artificial intelligence (AI) company, and bus maker King Long United Automotive...

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Washington blocks China Mobile from United States market

Washington blocks China Mobile from United States market

The National Telecommunications and Information Administration (NTIA) said in a press release that concerns about national security risks were too great to come to an agreement with the Chinese co...

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European Union warns Trump: motor tariffs could lead to £230bn retaliation

European Union warns Trump: motor tariffs could lead to £230bn retaliation

It argues that Trump is risking a global trade war that will hit the wallets of USA consumers. The Chamber, which has 3 million members, had praised Trump for slashing business taxes in December, bu...

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Saudi Arabia pledged to expand oil capacity if needed…

Saudi Arabia pledged to expand oil capacity if needed…

Its record is 10.72 million barrels a day. Trump's interventions with tweets "unsettle" the market and appear to have pushed prices up, Standard Chartered Plc energy analyst Emily Ashford and head...

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USA to allow ZTE to resume some operations temporarily

USA to allow ZTE to resume some operations temporarily

At that point, ZTE is "expected to be in compliance with USA demands". ZTE, the fourth-largest smartphone maker in the US , has been dealing with a US Commerce Department denial order that prevents...

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Services surge points to August rate rise

Services surge points to August rate rise

The fastest rise in new orders for a year was also revealed in a survey which experts said could indicate "the brakes are off" for construction firms and their clients after the spring's shock snowfal...

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EU warns Trump: auto tariffs could lead to $300B retaliation

EU warns Trump: auto tariffs could lead to $300B retaliation

Assuming counter-measures along the lines of those taken in response to existing USA import tariffs on steel and aluminium, up to US$294 billion of United States exports - 19% of overall U.S. Canada...

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Theresa May warned failure to deliver Brexit would be 'catastrophic'

Theresa May warned failure to deliver Brexit would be 'catastrophic'

Brexiteer Rees-Mogg, tipped as a potential Tory leader, had used an opinion piece in Monday's Daily Telegraph to warn the Prime Minister she must deliver what she promised - the United Kingdom leaving...

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Japan: Survival of global trading system at risk

Japan: Survival of global trading system at risk

The document also directs media to not report on comments from Trump or other officials, adding that outlets shouldn't "attack Trump's vulgarity; don't make this a war of insults". With Mr Trump threa...

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Netflix Has a New Plan for Europe - Is the US Next?

Netflix Has a New Plan for Europe - Is the US Next?

That could soon change, however... TuttoAndroid has spotted that some European Netflix users are being presented with an option to try out a new "Ultra" tier, priced at between €16.99 and €19.99 a...

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