Economy

Computer Issues Briefly Ground Southwest Airlines Flights Across The Country

Computer Issues Briefly Ground Southwest Airlines Flights Across The Country

Passengers began reporting delayed flights as early as 5:30 a.m. (EST) via Twitter. The airline responded to a flurry of tweets from disgruntled customers complaining about their cancelled flights...

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Medical app told Facebook when users were on their periods, investigation finds

Medical app told Facebook when users were on their periods, investigation finds

Facebook's SDK includes an analytics service that helps app developers understand its users' trends. The top heart-rate app for iOS, Instant Heart Rate sent users' heart rates to Facebook. We also tak...

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Zimbabwe launches new, discounted currency as banks reopen

Zimbabwe launches new, discounted currency as banks reopen

On Wednesday, Mangudya announced that the government would no longer insist that a quasi-currency known as bond notes and RTGS$, an electronic equivalent, were worth the same as the USA currency. "Wit...

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Daimler, BMW to invest 1 billion euros in venture to rival Uber

Daimler, BMW to invest 1 billion euros in venture to rival Uber

The two carmakers revealed the results of their plans in Berlin on Friday: a €1 billion investment in a total of five joint ventures - Reach Now for multimodal services, Charge Now for vehicle chargin...

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Fed minutes show officials unsure on need for rate hikes in 2019

Fed minutes show officials unsure on need for rate hikes in 2019

As US stocks plunged toward their worst year since 2008 and as trade and growth uncertainties persisted, market watchers had been closely monitoring December's meeting for signs the central bank could...

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Crude oil settles 1 percent higher over optimisms of market rebalance

Crude oil settles 1 percent higher over optimisms of market rebalance

As for the USA shale juggernaut, Kevin O'Brien, chief business officer at Orbital Insight , told Bloomberg television that inventories stateside have climbed about 3 percent in the past 30 day, s...

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NEB gives Trans Mountain pipeline expansion its endorsement, critics respond

NEB gives Trans Mountain pipeline expansion its endorsement, critics respond

The recommendations follow a series of hearings that were needed after the Federal Court of Appeal ruled last August that the previous approval of the project should be quashed due to mistakes made ...

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Sammy Wilson: Irish no-deal Brexit plans undermine backstop case

Sammy Wilson: Irish no-deal Brexit plans undermine backstop case

Leo Varadkar's government will on Friday publish a large parliamentary bill incorporating 16 pieces of legislation, all created to insulate the country from the deleterious impact of the United Kingdo...

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Apple slips to 17th spot in 50 Most Innovative Companies list

Apple slips to 17th spot in 50 Most Innovative Companies list

The list was made at the beginning of a year ago, and the magazine considered the new design introduced with the iPhone X, the notch, and Apple's FaceID, that still is the more secure face-scannin...

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Kraft Heinz plunges near record low on SEC subpoena, $15.4 billion writedown

Kraft Heinz plunges near record low on SEC subpoena, $15.4 billion writedown

All this and weak fourth quarter earnings figures caused the stock price to be down almost 21% in after market trade. In its earnings release , Kraft Heinz said it received a subpoena last October ...

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CVS Health: 4Q Earnings Snapshot

CVS Health: 4Q Earnings Snapshot

Merlo added that CVS expects to spend $550 million in 2019 on Aetna integration-related costs. Watch CVS Health trade live . The stock has dropped almost 3 per cent in the last 12 months. The s...

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China port bans Australian coal imports

The Dalian Port Group announced through Reuters that it was banning coal imports from Australia, and also introducing a total cap on coal imports at 12 million tons for 2019. Glencore, a major coal pr...

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Elon Musk Calls Bitcoin ‘Brilliant,’ Better Than Paper Money for Value Transfer

Elon Musk Calls Bitcoin ‘Brilliant,’ Better Than Paper Money for Value Transfer

Tesla is still on track to release Autopilot full self-driving capability before the end of the year, according to CEO Elon Musk . "That's for sure. In October past year, the billionaire's Twitter ...

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In case of emergency break glass for Recessionberg

In case of emergency break glass for Recessionberg

The indefinite coal restrictions at Dalian started this month and are part of an overall plan to cap imports into the customs region this year, Reuters reported, citing an unnamed Dalian Port Group ...

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Model 3 loses Consumer Reports recommendation; Tesla brand drops

Model 3 loses Consumer Reports recommendation; Tesla brand drops

Given the somewhat back-and-forth relationship Consumer Reports tends to have with Tesla, it wouldn't be shocking in the slightest to see the Model 3 get back its "buy" recommendation over the nex...

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US, China said to work on multiple memorandums for trade deal

US, China said to work on multiple memorandums for trade deal

Delegations from both sides are meeting Thursday, with meetings expected to last through Friday. It is considered the most significant progress yet toward ending a seven-month trade war, according t...

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Epic pulls Fortnite ads from YouTube following child exploitation controversy

Epic pulls Fortnite ads from YouTube following child exploitation controversy

The scandal poses a challenge for YouTube because the videos themselves are not necessarily problematic. Major advertisers like Disney and Nestle are boycotting YouTube due to pedophile networks o...

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Britain Yet to Decide on 5G Security Policy

Britain Yet to Decide on 5G Security Policy

The RUSI report reached a similar conclusion, saying that although Huawei may be a private company, China's national security laws required cooperation with authorities when requested. "We will not ...

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CP Rail CEO not supportive of Rachel Notley’s crude-by-rail deal

CP Rail CEO not supportive of Rachel Notley’s crude-by-rail deal

Some producers have complained that the lower differentials make crude-by-rail shipments less profitable. The Alberta government is moving forward with a medium-term measure as the Trans Mountain ...

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'Young Blood' Transfusions Are Ineffective and Dangerous, FDA Warns

'Young Blood' Transfusions Are Ineffective and Dangerous, FDA Warns

A number of recent studies on both animals and humans have suggested that compounds in younger people's blood may help treat conditions of old age, including Parkinson's and aging itself. It's a...

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Flights resume at Dublin Airport following drone sighting

Flights resume at Dublin Airport following drone sighting

The attacker hid the drone behind buildings where it could not be taken down by anti-drone equipment. "[The drone pilot] knew the blind spots for it, where it could not be "hit", a government offici...

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Hikes EPF interest rates to 8.65%

Hikes EPF interest rates to 8.65%

The decision was taken during EPFO trustees meeting. The source further said, "The interest rate is likely to be retained at 8.55 per cent for this fiscal as provided in 2017-18 as Lok Sabha electio...

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Women lead the way with joblessness at 44-year low

Women lead the way with joblessness at 44-year low

The latest unemployment figures in the East of England are down to 91,000 which, at just 2.8% of the workforce, is the lowest rate in the UK . Total employment for the three months to December cl...

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City clearing houses are given no-deal Brexit access

The European Securities and Markets Authority issued the licences to three clearing houses yesterday after Brussels came under pressure to provide assurances that cross-border derivatives contracts wo...

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Payless has no plans to close Jamaican stores

Payless has no plans to close Jamaican stores

Mario Zarazua, Chief Financial Officer for Payless, in a statement yesterday said that the company is committed to continued growth in Latin America and the Caribbean. It also said it is seeking autho...

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Virgin Atlantic Flight Hits 801 MPH, Smashing Records, Thanks to Jet Stream

Virgin Atlantic Flight Hits 801 MPH, Smashing Records, Thanks to Jet Stream

The blistering speed was reached while at 35,000 feet above Pennsylvania. "Fair winds and following seas" - a Virgin Atlantic's Boeing 787-9 Dreamliner reached a thrilling speed of 801 miles per h...

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China's Car Sales Fall Further

China's Car Sales Fall Further

Sales are now down 15.8% year to year, with only 2.37 million vehicles finding new owners last month, as per the Association of Automobile Manufacturers (CAAM). It follows more than 20 years of sust...

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UBS fined £3.2bn for tax evasion by French court

UBS fined £3.2bn for tax evasion by French court

The penalty is high by European standards, although in the United States judges have levied higher fines including the $8.9bn a USA court in 2015 ordered BNP Paribas to pay for violating US economic s...

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Contractor Killed When Airplane Tire Explodes at John Wayne Airport

Contractor Killed When Airplane Tire Explodes at John Wayne Airport

A jet bridge is an enclosed, movable connector which extends from an airport terminal gate to an airplane, allowing passengers to board and exit the aircraft without being exposed to the elements. The...

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Billionaire Ambani risks jail over missed Ericsson payments

Billionaire Ambani risks jail over missed Ericsson payments

Reliance Communications (RCom) had told the court they had tried to move "heaven and earth" to ensure Ericsson gets its due but was unable to do so due to failure of assets sale deal with Reliance Ji...

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Major Airlines To Offer Non-Binary Options For Passengers

Major Airlines To Offer Non-Binary Options For Passengers

It may be "undisclosed" or "unspecified" in addition to an optional title choice of "Mx", rather than "Mr" or "Mrs/Ms". One of those is a requirement that a passenger's information for an airline tick...

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Southwest Airlines faces

Southwest Airlines faces "operational emergency" with spike in out-of-service jets

Southwest, which has been in contract talks with the union representing its 2,700 mechanics for more than six years, has been frustrated in its efforts to reach a deal as it seeks to keep costs in che...

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German Prosecutor Probing FT Journalist Over Wirecard

German Prosecutor Probing FT Journalist Over Wirecard

The European financial watchdog ESMA agreed with the emergency short-selling ban and said it was necessary to address a "serious threat" to market confidence in Germany . "In the current situation, t...

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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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