Economy

Apple faces antitrust action in EU

Apple faces antitrust action in EU

Ek says that Apple does this through the " Apple Tax". Spotify wasn't looking for special treatment, but "we should all be subject to the same fair set of rules and restrictions - including Ap...

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FCA Recalling Nearly 900K Vehicles That Don’t Meet Emission Standards

FCA Recalling Nearly 900K Vehicles That Don’t Meet Emission Standards

The EPA said the scale of the recall meant it would be carried out in phases this year, beginning with the oldest vehicles, and owners may continue to drive their vehicles in the meantime. Its U.S. ...

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Verizon launches 5G in Chicago, Minneapolis at $10 extra cost

Verizon launches 5G in Chicago, Minneapolis at $10 extra cost

To use the 5G service at launch, you'll have to pay $50 for "the Verizon-exclusive 5G Moto Mod ", which can be attached to a Motorola Moto Z3 , a phone that Verizon sells for $480. The mod is essent...

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Kier Group increases debt position after accounting error

Kier Group increases debt position after accounting error

Kier Group said yesterday that its net debt stood at £180.5 million at the end of its half-year on December 31. The average month-end debt position for the six months ended December 31 was also inc...

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Speculation: 'Facebook Coin' Could Bring $19 Billion In Revenue

Speculation: 'Facebook Coin' Could Bring $19 Billion In Revenue

If all goes according to plan, Sandler could see the company extending into the realm of consumer lending, remittance and physical payments, an industry that cryptocurrencies across the market hav...

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Wellington City Council delays e-scooter trial

Wellington City Council delays e-scooter trial

Following a four-week pilot program during Fringe, Lime's scooter permit has been extended for another month. "Wave will be restricting its scooters to 15kmh on Queen St, and in the Wynyard Quarter ...

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Vancouver condos most popular with non-resident owners

Vancouver condos most popular with non-resident owners

The data doesn't show the same kind of value gap between non-resident owned single-detached homes in Ontario and those owned by residents, but the gap widens when it comes to newer units, especially...

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USA sanctions Russia-based bank over Venezuela business

USA sanctions Russia-based bank over Venezuela business

Treasury Department said its net assets had grown by over 50 percent during 2018, even as U.S. sanctions had increased. "While the illegitimate Maduro regime looks for illicit channels like Evrofi...

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Dick's Sporting Goods to remove guns from 125 more stores

Dick's Sporting Goods to remove guns from 125 more stores

The company replaced hunting equipment in 10 stores where it had underperformed with "more compelling" products late in the third quarter and said those stores had positive comparable sales in the fol...

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Nissan to end luxury Infiniti auto production in Sunderland

Nissan to end luxury Infiniti auto production in Sunderland

Both models are sold globally but produced only in Britain. Infiniti plans to divert its resources to markets with bigger opportunities from a region where non-European premium brands are struggli...

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Oil prices rise on OPEC's supply cuts and healthy demand

Oil prices rise on OPEC's supply cuts and healthy demand

USA oil output, including natural gas liquids and other hydrocarbons, will climb to 19.6 million bpd by 2024 from 15.5 million a year ago, the Paris-based agency said. "The second wave of shale prod...

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Pentagon reviewing Elon Musk’s security clearance

Pentagon reviewing Elon Musk’s security clearance

Now, Musk holds a security clearance because his company SpaceX provides satellite launch services to the United States government, but after the Marijuana smoking controversy, it has been put under...

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Tweet of lonely dad at new doughnut shop goes viral, sends sales through roof

Tweet of lonely dad at new doughnut shop goes viral, sends sales through roof

The tweet included several pictures, including one of his father standing alone in " Billy's Donuts " and another of the empty parking lot outside. According to KPRC , dozens of people were crammed...

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LOL: 2020 Dem Ran Ads About Breaking Up Facebook's Monopoly....On Facebook

LOL: 2020 Dem Ran Ads About Breaking Up Facebook's Monopoly....On Facebook

Yesterday, Warren made headlines when she vowed to dismantle big tech companies such as Amazon, Google and Facebook , for their monopoly on consumer information and also unwind previous acquisition...

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Second Brexit meaningful vote: timeline of events this week

Second Brexit meaningful vote: timeline of events this week

But it would also raise the possibility of a delay to Brexit. In other diplomatic moves, an emergency meeting of Irish cabinet ministers was called for Monday night. At Westminster, speculation has ...

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Democrats Slam Trump's Border Wall Request Despite Rising Migration

Democrats Slam Trump's Border Wall Request Despite Rising Migration

White House budget requests are frequently ignored by Congress. The budget proposal will be released on Monday, March 11, 2019 . The $8.6 billion request for barrier funding-$5 billion for the...

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Tesla pulls a U-turn on dealer closures but raises prices

Tesla pulls a U-turn on dealer closures but raises prices

Tesla announced that it has already closed the lowest-performing 10 percent of its stores. "In other words, we will only close about half as many stores, but the cost savings are therefore only about...

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John Oliver explains why you’ve been getting more robocalls lately

John Oliver explains why you’ve been getting more robocalls lately

The FCC website promptly crashed, but the FCC claimed the crash was the result of "multiple distributed denial-of-service attacks" and not because of Oliver's viewers. And he runs down some of the r...

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Ghosn seeks court permission to attend Nissan board meeting on Tuesday

Ghosn seeks court permission to attend Nissan board meeting on Tuesday

Ghosn has said the claims of improper payments were a "distortion of reality". The plan is aimed at fostering more balanced decision-making represented by Senard, Nissan CEO Hiroto Saikawa and Mi...

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Things To Know About The $6.9B Nvidia-Mellanox Acquisition

Things To Know About The $6.9B Nvidia-Mellanox Acquisition

NVIDIA wasn't the only one with its name in the acquisition hat with Intel being outbid by the GPU giant in its quest to acquire Mellanox. Mellanox gives Nvidia more entries into high performance ...

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Tesla to raise vehicle prices, keep more stores open

Tesla to raise vehicle prices, keep more stores open

Musk, 47, described the store wind-down announced on February 28 as a cost-cutting move that enabled Tesla to offer a long-promised US$35,000 version of the Model 3 sedan, the automaker's first ma...

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Britain braces for decisive week of Brexit votes

Britain braces for decisive week of Brexit votes

Here's what you need to know about the week ahead. The first of the votes comes tomorrow. He then revealed that May has "secured legally-binding changes that strengthen and improve the Withdrawal ...

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Theresa May wins Brexit assurances from European Union on eve of crucial vote

Ms Morgan's comments came after Dominic Raab, the former Brexit secretary, said Mrs May could be ousted if her deal fell and Parliament voted to delay Article 50 and the UK's exit from the EU. The Pri...

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American Airlines grounds 14 planes to fix overhead bins

American Airlines grounds 14 planes to fix overhead bins

An airline spokesman said Friday that almost 40 flights had been cancelled as a result. A woman puts her suitcase in an overhead luggage bin on an American Airlines plane at Miami International Airp...

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Canada adds 55,900 jobs in February, exceeding forecasts

Canada adds 55,900 jobs in February, exceeding forecasts

Scotiabank's Derek Holt, Head of Capital Markets Economics, thinks job creation and wage growth will get the Bank of Canada's attention. The encouraging numbers provided a bright spot for the econom...

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Tesla faces stiff competition as Porsche plans to boost Taycan production

Tesla faces stiff competition as Porsche plans to boost Taycan production

The first units are scheduled to be delivered before the end of the year. With production of the final version of the model set to begin in September, we can conclude that the Taycan production ve...

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Airbnb to Acquire HotelTonight

Airbnb to Acquire HotelTonight

Terms of the deal for HotelTonight , a mobile application which connects users to hotels for last-minute bookings, were not disclosed. Once the acquisition is complete, HotelTonight CEO Sam Shank w...

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Tesla gets $708m in loans for first factory in China

Tesla gets $708m in loans for first factory in China

Their new lawsuit, filed in Delaware Chancery Court, seeks to permanently block Musk's "unchecked use of Twitter to make inaccurate statements about the company", lawyers for one of the investors, t...

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British banks commit to invest more in women entrepreneurs

British banks commit to invest more in women entrepreneurs

The government has backed a call by an official review into barriers facing female entrepreneurs to create women-focused financing vehicles. Yet only one in three entrepreneurs is female, firms with...

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Jewel Changi Airport to open 17 April, sneak previews 11-16 April

Jewel Changi Airport to open 17 April, sneak previews 11-16 April

Jewel Changi Airport , a multi-dimensional tourist destination, will open its doors to the world on April 17th. The Jewel Changi complex, with its distinctive dome-shaped facade made of glass and st...

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First licensed cannabis shop approved in Toronto

First licensed cannabis shop approved in Toronto

Five licenses have been granted for Toronto and 11 in total for the GTA. The Niagara Herbalist was one of seven people or companies selected in the west region of the province's recent retail lice...

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Here's why the new Mazda CX-30 isn't called the CX

Here's why the new Mazda CX-30 isn't called the CX

But it seems the idea of two different cars with the CX-4 moniker was just too complicated for Mazda , so they've come up with a new moniker - the Mazda CX-30 - for their new SUV. Initially, the CX...

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Turbulance injures at least 25 on flight into NY

Turbulance injures at least 25 on flight into NY

Most passengers suffered bumps and bruises but a few people were sent to a hospital, authorities said, noting that at least one person had a broken leg. The airline didn't immediately respond to reque...

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UK insurer Aviva warns outlook weaker on Brexit uncertainty

UK insurer Aviva warns outlook weaker on Brexit uncertainty

Aviva Ireland said it was supporting measures to increase pensions coverage among those in full-time employment from its current level of less than 50%. "Aviva Investors had a more challenging year du...

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Rio Tinto (RIO) Shares Gap Down to $54.74

Rio Tinto (RIO) Shares Gap Down to $54.74

EPS growth is an important number as it gives a suggestion of the future prospects of a company. Growth in EPS is an important measure of administration performance because it shows how much money the...

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