Business

Trump signs law ensuring shutdown pay for government workers

Trump signs law ensuring shutdown pay for government workers Postponing the address would deny Mr Trump the opportunity to make a case for his border wall in a prime-time televised address. "We'll be out for a long time". In January, the House then passed those same bipartisan bills and sent them to the Senate . Some Republicans accused Democrats of politicizing disaster aid, noting that the bill put many GOP lawmakers who support Trump's proposed bor... [Full Article...]

Trade wars burden in China data pull markets down

Trade wars burden in China data pull markets down Chinese markets lost about 1%, S&P 500 futures are down by 0.9% on Monday morning on fears that trade disputes between China and the United States will cause a serious slowdown in key economic regions. US President Donald Trump on Monday said it's good to have relationship with countries like Russia, China, Japan and India as he expressed hope to reach a trade deal with Beijing . [Full Article...]

Ocasio-Cortez Said Poised to Join Panel Overseeing Wall Street

Ocasio-Cortez Said Poised to Join Panel Overseeing Wall Street Former Sen. Joe Lieberman reaffirmed his belief on Sunday that Rep. Alexandria Ocasio-Cortez is not the future of the Democratic Party . "Personally", she said in another post , "I'm looking forward to digging into the student loan crisis, examining for-profit prisons/ICE detention, and exploring the development of public & postal banking. [Full Article...]

Ford Explorer ST and Hybrid unveiled

Ford Explorer ST and Hybrid unveiled The powertrain pairs a 3.3-liter V-6 with a 1.5-kwh lithium-ion battery pack, a 10-speed modular transmission, and an electric motor. Ford Performance is the group responsible for ST and RS models, Shelby Mustangs, and with Ford eradicating most cars from its North American lineup, an increasing number of SUVs, including the Edge ST introduced past year. [Full Article...]

California Utility Tied To Devastating Wildfires To File For Bankruptcy

California Utility Tied To Devastating Wildfires To File For Bankruptcy Bankruptcy Code on or about January 29, 2019". The company's already significant financial problems only deepened following the Camp Fire in Butte County, Calif ., in which at least 86 people died and tens of thousands were displaced. [Full Article...]

Sex Sells (Unless You're a Woman at CES)

Sex Sells (Unless You're a Woman at CES) Lora Haddock is the founder and CEO of the sex toy company Lora DiCarlo. CES has previously come under fire over a lack of female speakers in keynote slots, and the event has also been accused of being slow to reduce the number of so-called " booth babes " that appear on the convention show floor. [Full Article...]

Asian markets settle after rallying on US-China trade hopes

Asian markets settle after rallying on US-China trade hopes While there were indications that China would be open to buying more USA agricultural and energy products and allowing market access, demands for Chinese structural reforms to halt forced technology transfers and intellectual property theft were greater hurdles in the discussions, people familiar with the talks said. [Full Article...]

Government shutdown could delay tax refunds

Government shutdown could delay tax refunds But fear not! While the Internal Revenue Service now lacks the funds to process refunds, it is fully prepared to process tax returns that include payments to the government. "That stalemate raises the prospect of an unprecedented extended closure during the individual income-tax filing season, which typically starts in mid-to-late January". [Full Article...]

2019's Apple iPhone surfaces with a triple rear-facing camera setup

2019's Apple iPhone surfaces with a triple rear-facing camera setup The placement of the three cameras is also something to look out for. There's nothing concrete from Apple's end, but we don't expect much considering how the company likes to keep a low-key even until the day of the official launch, which will take place in September this year. [Full Article...]

Trade negotiations with China going well: Donald Trump

Trade negotiations with China going well: Donald Trump In both countries, the trade war has soured the economic outlook and shaken financial markets. "China is the biggest beneficiary of Apple, more than us". "It's not going to be just Apple", declared Hassett. Mr Trump, who last month called himself "Tariff Man", has said he wants a deal but that he would impose more tariffs if China failed to cede on key U.S. [Full Article...]

U.S. urges citizens to exercise `increased caution` on China travel

U.S. urges citizens to exercise `increased caution` on China travel They are travelling to Shanghai, Shenzhen and Hong Kong and will meet with counterparts from China's National Peoples' Congress. She was later released on bail pending her extradition hearing. The US Department of State has long used its internet presence to criticise China. It came days before talks on the U.S. "We've overcome many tensions in the past, and I have no doubt there will be other... [Full Article...]

Apple's stark warning may be ominous news for China

Apple's stark warning may be ominous news for China Apple tried to soften the blow on Thursday by saying that spending in the company's app store hit a record high of more than $1.22 billion during the recent holiday season, but it wasn't enough to soothe anxious investors. Munster and Thompson said it would take "a new product category", or large acquisition to allow Apple to regain its momentum. " Apple's iPhones are facing a saturated ... [Full Article...]

Cops grieve Krispy Kreme Doughnuts lost in NYE truck fire: 'No words'

Cops grieve Krispy Kreme Doughnuts lost in NYE truck fire: 'No words' Meanwhile, members of the Louisville Metro Police Department were particularly impacted by the tragedy. Krispy Kreme tweeted back in amusing fashion as well, writing, "We're thinking of you during this hard time...and have more doughnuts on the way!" Others noted that the doughnuts were really "krispy" after the box truck fire. [Full Article...]

Tesla adds Ellison and HR exec to board to appease SEC

Tesla adds Ellison and HR exec to board to appease SEC In the settlement with the SEC, the company had committed to pay 20 million Dollar penalty and to appoint a new Board of Directors, the chief (Chairman). The move is meant to usher Tesla past months of turbulence following Musk's August 7 tweet that he was considering taking the company private and had secured funding. [Full Article...]

Cyber-attack disrupts printing of major USA newspapers

Cyber-attack disrupts printing of major USA newspapers This has caused delayed and incomplete printing of the Los Angeles Times , San Diego Union-Tribune and other publications which are printed at our facility. Distribution was also affected of other newspapers, including The New York Times and the Wall Street Journal , that use the same printing presses in some markets as Tribune Publishing. [Full Article...]

Jackson Sears location to close in March

Jackson Sears location to close in March Bids were due Friday at 4 p.m. And Kmart on Pass Road in Gulfport closed years ago. Sears announced that it expects to begin liquidation sales at the 80 stores in two weeks. Sears associates were told December 27 and liquidation sales are expected to begin in two weeks. Robin Lewis, a New York-based retail consultant, questioned whether Lampert is honestly trying to save the business and bring... [Full Article...]

Trump Said Federal Employees Support the Shutdown. Not True, Say Unions

Trump Said Federal Employees Support the Shutdown. Not True, Say Unions On Christmas Eve, President Trump and his wife, first lady Melania Trump, fielded phone calls from children who had called the North American Aerospace Defense Command (NORAD) to check on Santa Claus's progress. The US President did not say how he was hearing from federal workers, excluding those he appointed to their jobs or who work with him in the White House. [Full Article...]

Oil surges 8% after steep slide; growth fears still weigh

Oil surges 8% after steep slide; growth fears still weigh The global benchmark has declined about 16 percent since Organization of Petroleum Exporting Countries and its allies including Russian Federation announced an agreement to cut output earlier this month amid investor skepticism that the reductions will be enough to balance supply and demand. [Full Article...]

What's open and closed on Christmas and Boxing Day in Ottawa

What's open and closed on Christmas and Boxing Day in Ottawa Last-minute holiday shoppers will get a little extra time on Christmas Eve this year - if they work for the federal government that is. There will be no First services on New Year's Day . The order, which was issued Tuesday, says all "executive departments and agencies of the Federal Government shall be closed" Monday. (Call your local store to confirm hours before heading out). [Full Article...]

Fed Raises Benchmark Rate from 2.25% to 2.5%

Fed Raises Benchmark Rate from 2.25% to 2.5% In recent years, the Fed has managed to telegraph its actions weeks in advance to prepare the financial markets for any shift. The Nasdaq has shed 19.5 per cent from its August peak, just shy of confirming a bear market . "Much of that (Fed) flexibility was lost in translation for financial markets because the fed remains optimistic about growth", Swonk said. "Clearly the Fed is changing it... [Full Article...]


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