Economy

Single Irish ticket holder wins €175 million EuroMillions jackpot

Single Irish ticket holder wins €175 million EuroMillions jackpot

National Lottery chief executive Dermot Griffin said: "We are delighted the victor has made contact". It is one of the highest in EuroMillions jackpot history. Speaking to BBC News NI, National Lott...

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Sainsbury’s-Asda tie-up could push up prices, warns watchdog

Sainsbury’s-Asda tie-up could push up prices, warns watchdog

Stuart McIntosh, chairman of the independent inquiry group carrying out the CMA investigation, said: 'These are two of the biggest supermarkets in the United Kingdom, with millions of people purchasin...

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Lloyds Bank to give £4bn back to shareholders

Lloyds Bank to give £4bn back to shareholders

Its chief executive, António Horta Osório, said: "We are planning for a deal and a smooth Brexit transition that should lead the economy to grow at around the same pace you have now of about 1-1.5%"...

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British airline files for bankruptcy, blames Brexit uncertainty

British airline files for bankruptcy, blames Brexit uncertainty

The British regional airline has been struggling for a long time and says that it has been pushed over the edge by Brexit. The carrier now operates a fleet of four Embraer ERJ-135 and 15 ERJ-145 jets....

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There's a new petition to sell Montana to Canada. Here’s why

There's a new petition to sell Montana to Canada. Here’s why

While $1 trillion is a hefty price tag, the overall United States deficit passed $22 trillion last week. "Just tell them it has beavers or something". "I'm Montanan and hoping to join Canada without t...

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Honda employee of 24 years sums up Brexit in four eloquent words

Honda employee of 24 years sums up Brexit in four eloquent words

U.K. Business Secretary Greg Clark also expressed disappointment over the decision, saying: "The U.K.is one of the leaders in the development of these technologies and so it is deeply disappointing th...

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Canopy Growth Corporation (TSX:WEED) Up +9.52% Wednesday

Canopy Growth Corporation (TSX:WEED) Up +9.52% Wednesday

The company runs an ROE of roughly 0%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. The company has a market capitalizati...

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Brexit: May heads back to Brussels but European Union not budging

Brexit: May heads back to Brussels but European Union not budging

The EU's chief Brexit negotiator, Michel Barnier , will brief the College of Commissioners of the latest developments and will stress that the aim of Wednesday's meeting is to find a formula that wil...

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Pipeline protest convoy approaches Ottawa after rolling across country

Pipeline protest convoy approaches Ottawa after rolling across country

Carritt said participants also are unhappy about the government's recently signing a non-binding United Nations compact on global migration. The convoy, created to vocalize opposition to Bill C-48 ...

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Payless officially files for bankruptcy, winds down North American biz

Payless officially files for bankruptcy, winds down North American biz

Four Payless ShoeSource locations can be found in Victoria, one at the Hillside Shopping Centre, one at the Mayfair Shopping Centre, one at The Bay Centre, and one at the Tillicum Shopping Centre. At ...

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EU's Juncker, May to meet Wednesday amid fears of Brexit extension

British Prime Minister Theresa May travels to Brussels on Wednesday to meet European Commission chief Jean-Claude Juncker. "We can not accept a time limit to the backstop or unilateral exit clause", s...

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Indian Oil signs first annual deal for USA oil

Indian Oil signs first annual deal for USA oil

The group of producer countries agreed late a year ago to cut output by 1.2 million barrels per day (bpd) to prevent a large supply overhang from swelling. Traders said they were cautious on taking la...

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Walmart flexes in the fourth quarter, beats all expectations

Walmart flexes in the fourth quarter, beats all expectations

E-commerce sales are likely to rise about 35%, the company said. The company's shares rose 4% on the strong results, bringing its market cap above $300 billion again. The discounter hasn't yet discl...

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Baby Gripe Water herbal supplement distributed by Dollar General is choking hazard

Baby Gripe Water herbal supplement distributed by Dollar General is choking hazard

A herbal water for infants that is sold exclusively at Dollar General stores across the country has been recalled due to possible choking hazard fears. Kingston Pharma has advised users to discard...

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United Kingdom may not in the position to ban Huawei

United Kingdom may not in the position to ban Huawei

According to the BBC , the United Kingdom government is set to decide in March or April whether United Kingdom networks such as Three, Vodafone, and EE, will be permitted to use Huawei technologies ...

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Trump receives report on security threat of auto imports

Trump receives report on security threat of auto imports

European Commission President Jean-Claude Juncker attends weekly College of Commissioners meeting in Brussels, Belgium, Februray 6, 2019. The U.S. auto industry urged President Donald Trump's admi...

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Amazon's exit could scare off tech companies from NY

Amazon's exit could scare off tech companies from NY

It may be only half that many jobs depend on the incentives , he said. Cities from Seattle to NY are raising taxes, or trying to, imposing minimum wages of $15 an hour and requiring even small busi...

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Tesla Cars Get New Dog And Sentry Modes

Tesla Cars Get New Dog And Sentry Modes

All Tesla cars with Autopilot 2.0. get Sentry Mode in the latest update for their vehicle . To turn on Dog Mode go into the climate control settings and select the option labelled 'Dog, ' acc...

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Amazon leads US$700-million bet on electric truck maker Rivian

Amazon leads US$700-million bet on electric truck maker Rivian

Similar to Rivian's investment, while Aurora is happy that "a great technology company like Amazon , who thinks hard about the implications of logistics and movement of goods" is involved, it doesn...

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Airbus Will Stop Producing Its Famous Double Decker Plane in 2021

Airbus Will Stop Producing Its Famous Double Decker Plane in 2021

But changing travel patterns and weak demand led to disappointing sales. As part of the restructuring, Emirates placed a new order for 40 A330-900neo jets and 30 A350-900 aircraft, partially restori...

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Woman arrested after video shows her spitting, yelling at passengers on flight

Woman arrested after video shows her spitting, yelling at passengers on flight

The report says that once on the jet bridge, Gonzalez tried to reboard and hit on the head a JetBlue agent who tried to stop her. As she made her way out, she allegedly shoved a JetBlue worker. "I...

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Payless to close all 2,100 US stores

Payless to close all 2,100 US stores

Penney, Charlotte Russe and Ann Taylor. The shoe store will also dial back its online operations. A Payless spokesperson says the stores will most likely remain open until May. The company's franchi...

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Retailer Payless to file bankruptcy, close stores

Retailer Payless to file bankruptcy, close stores

FOX Business has been following the "retail apocalypse" as more and more brick-and-mortar stores either seek bankruptcy protection or go out of business completely. The retailer has yet to confirm th...

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OpenAI's 'deepfakes for text', GPT2, may be too risky to be released

OpenAI's 'deepfakes for text', GPT2, may be too risky to be released

In their recent announcement, OpenAI researchers admitted that the malicious applications of the GPT-2 AI model include the ability to generate misleading news articles, impersonate others online an...

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Humbug holidays: US retail sales drop 1.2 pct. in December

Humbug holidays: US retail sales drop 1.2 pct. in December

So far this year, there have been 2,187 USA store closing announcements, with Gymboree and Ascena Retail, the parent of Lane Bryant and other brands, accounting for more than half the total, according...

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Amazon Acquires Home WiFi System Provider Eero

Amazon Acquires Home WiFi System Provider Eero

Amazon's move to step into the router market follows an initiative by its tech rival Google , which has been in the router market since 2015 with the launch of Onhub routers manufactured by TP-Link a...

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Ex-KFC worker awarded US$1.5M in breastfeeding case

Ex-KFC worker awarded US$1.5M in breastfeeding case

Ms Lampkins was awarded more than $35,000 in compensatory damages as well as $2.1 million in punitive damages. She sued for gender discrimination and harassment experienced at two of the Delaware ...

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Turbulence prompts emergency landing for Seattle-bound flight

Turbulence prompts emergency landing for Seattle-bound flight

Delta Airlines issued an apology after the flight landed. Five people were injured in total, Reno-Tahoe International Airport spokesman Brian Kulpin said . that was awesome just to see all that happe...

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New snowfall warning for Metro Vancouver and the Fraser Valley

New snowfall warning for Metro Vancouver and the Fraser Valley

According to Environment Canada , the weather disturbance which brought snow to Campbell River, Powell River, and the Comox Valley is weakening, with snowfall tapering off into the afternoon and earl...

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ValuEngine Lowers Berkshire Hathaway (NYSE:BRK.A) to Hold

ValuEngine Lowers Berkshire Hathaway (NYSE:BRK.A) to Hold

Another addition to the Zacks Equity Research Reports is the "Zacks Style Score", which provide investors with another tool in order to sort through the tremendous number of Zacks Rank based on one or...

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Crypto firm sends $519,000 in Bitcoin to dead man's wallet

Crypto firm sends $519,000 in Bitcoin to dead man's wallet

The mistake is only the latest issue for the exchange, whose CEO and founder, Gerald Cotten, died in India late previous year. The exchange has been unable to access its cold wallets since, as Cotten ...

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Molson Coors' shares fall on accounting errors, lower sales

Molson Coors' shares fall on accounting errors, lower sales

Molson Coors Brewing Company (NYSE: TAP)'s price to sales ratio for trailing twelve month stands at 1.3, whereas its price to book ratio for the most recent quarters is at 1.01. Pnc Fincl Serv Grp I...

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Bill Gates says he should pay higher taxes, doesn't 'deserve' his fortune

Bill Gates says he should pay higher taxes, doesn't 'deserve' his fortune

Gates , who amassed a fortune by building Microsoft, noted that many very wealthy people's earnings subject to income taxes make up a tiny fraction of their overall wealth - a "rounding error of ord...

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Honda Urban EV set to debut at Geneva auto show

Honda Urban EV set to debut at Geneva auto show

With the outside having been redesigned for production, Honda has now given us a quick peep inside the upcoming EV's interior. Honda will be showing off a new EV prototype at the Geneva Motor Show n...

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Amazon pulls out of plans to build headquarters in New York City

In its statement , Amazon praised New York City Mayor Bill de Blasio , saying he - as well as Governor Andrew Cuomo - "worked tirelessly on behalf of New Yorkers to encourage local investment ...

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