Finance

Jeff Bezos' Net Worth Tops $150B

Jeff Bezos' Net Worth Tops $150B Despite a almost $2 billion drop in his net worth, Chairman of Dangote Group of Companies , Alhaji Aliko Dangote remained Africa's richest person with a $12.4 billion fortune. According to the report , this makes Bezos the richest man since Forbes first published its inaugural wealth ranking in 1982. Shares of the company, which had climbed to a record $1,841.95 earlier Monday, pared gains o... [Full Article...]

Blue Origin launches rocket to space in extreme test of crew capsule

Blue Origin launches rocket to space in extreme test of crew capsule The climax of the uncrewed test flight came shortly after New Shepard's capsule separated from its booster and switched on its 70,000-pound-thrust escape rocket motor. In the event of an emergency, the rocket would light up to push the capsule and its crew out of harm's way (although the acceleration of up to 10 G's would make for a rough ride). [Full Article...]

German DHL Express places major order for 14 Boeing 777F cargo planes

German DHL Express places major order for 14 Boeing 777F cargo planes The closely-watched report was unveiled on day two of the Farnborough Airshow, where more orders were announced. Speaking after the deal for wide-body A350s with StarLux , Airbus chief commercial officer Eric Schulz said he was confident the market for such planes would pick up. [Full Article...]

In Face Of Protectionism, EU And Japan Sign Huge Open-Trade Deal

In Face Of Protectionism, EU And Japan Sign Huge Open-Trade Deal The dialogue will be chaired by Japan's trade and foreign ministers and the European Commission's vice-president for competitiveness, both sides said in a joint statement. out of the North American Free Trade Agreement, or NAFTA. The Trump administration is hitting back at what it considers unjustified retaliatory tariffs that were imposed in response to U.S. [Full Article...]

Papa John's Evicts Founder from Corporate Offices

Papa John's Evicts Founder from Corporate Offices The board asked for his resignation "without apparently doing any investigation. I agreed, though today I believe it was a mistake to do so", Schnatter said in a letter to the company's board, according to the Wall Street Journal in a report on Tuesday. [Full Article...]

Now Theresa May faces recess rebellion (and another Brexit bill)

Now Theresa May faces recess rebellion (and another Brexit bill) But pro-European Tories have accused Mrs May of "caving in" to the party's Eurosceptic wing after the government agreed to their demands to change the wording of the Customs Bill, which is one of the key pieces of Brexit legislation. Supporters of the amendment, however, indicated it may not be moved to a vote on Monday night, partly because Remain-supporting Conservatives do not want to undermi... [Full Article...]

Netflix shares plunge due to lower subscriber growth

Second-quarter revenue was $3.91 billion, which was slightly lower than the $3.94 billion predicted by analysts. For instance, the company added 7.41 million subscribers worldwide in the first quarter of this year, neatly surpassing the 6.5 million generally expected for the period. [Full Article...]

Elon Musk Called One of the Thai Cave Rescuers a "Pedo"

Elon Musk Called One of the Thai Cave Rescuers a Vern Unsworth , a British-born diver living in Thailand who worked on the 18-day-long rescue mission, publicly dismissed Musk's attempt to save the boys as having "no chance of working". When asked about whether he'd sue, he said "If it's what I think it is yes". Unsworth concluded this portion of the interview by claiming that Musk had been quickly asked to leave the cave during his much-... [Full Article...]

The best Amazon Prime Day 2018 deals so far

The best Amazon Prime Day 2018 deals so far Amazon didn't immediately respond to The Associated Press' request for comment, but by about 4:30 p.m., ET, many Prime Day links were working, AP reported. The Echo Show, which is normally $229.99, is down to $129.99 in this Prime Day pre-sale, and the Echo Look is half off, settling at $99.99. Prime members who want to keep on top of deals should consider downloading Amazon's app, Dengler said. [Full Article...]

Seahawks end relationship with Papa John’s

Seahawks end relationship with Papa John’s Papa John's also announced that Schnatter will "cease all media appearances, and not make any further statements to the media regarding the company, its business or employees", the company said in a statement. Papa John's announced Friday it would remove Schnatter's image from its marketing materials . Mercedes-Benz Stadium now has three Papa John's locations. [Full Article...]

European Union and China get cozy, call to 'improve' world order

The politically-sensitive data comes as sides have imposed 25% tariffs on 34-billion-dollars of the others' imports. Tusk condemned Trump's swipes at European allies last week amid rising geopolitical tensions, and he urged world leaders Monday in China to settle their economic disputes by reforming the World Trade Organization - a body that all parties have agreed needs improvement. [Full Article...]

Elon Musk calls Thai cave diver 'pedo' on social media

Elon Musk calls Thai cave diver 'pedo' on social media The rescuers involved in the mission to bring 12 boys and their football coach safely out of a cave in Thailand have revealed exactly how risky and hard the operation was. Highlighting the dangers, a former Thai navy SEAL volunteering to work on the rescue effort died Friday while replenishing oxygen canisters that were placed along the escape route. [Full Article...]

Tips to shop Amazon Prime Day

Tips to shop Amazon Prime Day It will send notifications to your desktop when items on your watchlist go on sale , so you won't miss any deals on the things you want. If you have been a member in the previous year and canceled, there's still nothing to worry about. Amazon has had success using promotions to entice people to try its devices, including the Echo speaker line. The app also lets you get notifications when there ... [Full Article...]

Soybean Prices Hit A 10-Year Low

Soybean Prices Hit A 10-Year Low China imports about 100 million metric tons of soybeans each year, and the USA contributes about 35% of that total, according to USDA. About half of total soybean production is said to come from these bigger commercial operations, some of which are rotating or inter-planting soybeans with other crops. [Full Article...]

Apple Launches $300 Million Clean Energy Fund in China

Apple Launches $300 Million Clean Energy Fund in China The fund will invest in and develop clean energy projects totaling more than one gigawatt of renewable energy in China, the equivalent of powering almost one million homes. Apple is investing in over 485 megawatts of clean energy projects across six provinces in China, to address upstream emissions in our supply chain. [Full Article...]

Amazon Prime Day sale begins today at 12 noon

Amazon Prime Day sale begins today at 12 noon Both the sales promise to bring exciting deals, discounts and offers for buyers across segments including smartphones, electronics, fashion, home decor and more. Even Samsung smartphones have discounts up to Rs. 10,700, up to Rs. 10,000 off on exchange, and no-cost EMIs up to 9 months. The phone comes with 6GB of RAM and 128GB of internal storage, and is powered by the HiSilicon Kirin 970 SoC. [Full Article...]

Russia blasts Greece over cybercrime suspect’s extradition

Russia blasts Greece over cybercrime suspect’s extradition Vinnik, who was arrested previous year in Greece on a USA -issued global warrant, was the operator of the online Bitcoin platform BTC-e. The Ministry of Foreign Affairs claims that Russia's request to extradite Vinnik should have been given priority over France's, concluding "i$3 t is obvious that Russian Federation can not leave these actions unanswered". [Full Article...]

Elon Musk Attacks Thai Cave Rescue Hero Who Criticized His Mini Submarine

Elon Musk Attacks Thai Cave Rescue Hero Who Criticized His Mini Submarine On Twitter , Musk responded to the reporter's piece. Vern Unsworth - who was on the global team of specialist cave divers at the scene - had told CNN that he thought the mini-submarine the Tesla chief sent to help with the rescue was a useless grab for attention. [Full Article...]

Target to offer teachers 15% discount on classroom supplies next week

Target to offer teachers 15% discount on classroom supplies next week For a limited time, Target will give teachers nationwide 15 percent off select classroom supplies , the company announced in a blog post on Thursday. A study released this spring found that 94 percent of US public school teachers spent their own money to buy school supplies during the 2014-2015 school year, according to a study by the government's National Center for Education Statistics . [Full Article...]

J&J ordered to pay $4.69 billion damages in talc cancer case

J&J ordered to pay $4.69 billion damages in talc cancer case In the U.S., the women's legal team claimed Johnson & Johnson's Baby Powder and Shower to Shower products have been laced with cancer-causing asbestos "for decades". The International Agency for Cancer Research termed this process "possibly carcinogenic" as there were no concrete evidence of ovarian cancer due to talcum powder on the genitals. [Full Article...]


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