Finance

Trudeau criticism will cost Canada 'a lot of money'

Trudeau criticism will cost Canada 'a lot of money' At an event hosted by the Wall Street Journal , Mr Navarro said he had made a mistake. As we've argued elsewhere , Trump appears to be targeting allies as a means of rupturing their mindset-convincing them that they are no longer deserving of American coddling just because of their geopolitical status. [Full Article...]

Uber to Identify Drunk Passengers Using Artificial Intelligence

Uber to Identify Drunk Passengers Using Artificial Intelligence The spooky new algorithm will take various factors into consideration, including typos made while requesting a ride, the time taken by a user to interact with notifications, their travel speed, and even the angle at which the device is being held. [Full Article...]

Fed raises interest rates and signals faster hikes on the way

Fed raises interest rates and signals faster hikes on the way Fed drops reference from previous statements that it expected rates to be below neutral rate for "some time". Fed officials also said they expect to raise rates twice more this year , faster than previously forecast. For 2020, the Fed foresees a median rate of 3.4 percent. The unemployment rate is seen falling to 3.6 percent in 2018, compared to the 3.8 percent forecast in March. [Full Article...]

North Korea Summit: Best Donald Trump & Kim Jong-un Memes

North Korea Summit: Best Donald Trump & Kim Jong-un Memes President Donald Trump and North Korean leader Kim Jong Un, as customers sit at the bar in the Korea Town section of Manhattan, New York, U.S., June 11, 2018. But at his post-summit news conference, the United States president described them as "very provocative". Trump, seemingly unprompted, has long wanted to withdraw the US from South Korea, and now he may have found a reason. [Full Article...]

Uber driver who booted 2 kissing women has license suspended

Uber driver who booted 2 kissing women has license suspended Alex Iovine, 26, and Emma Pichl, 24, live together in Manhattan and have been dating for almost two years. The pair had ordered the taxi to take them from Brooklyn to Manhattan. "It's my own auto". The man reportedly yelled at them for being disrespectful. Iovine told the Daily News they didn't behave inappropriately. [Full Article...]

OPEC Lifts Non-OPEC Oil Production Growth Forecast

In terms of supply, two big variables are Venezuela and Iran. Since early in 2017, however, OPEC has coordinated with Russian Federation, another oil-exporting country that is not an OPEC member, to try to regulate global supplies. OPEC will meet on June 22 in Vienna, Austria, to discuss future production policy. Russia's production was 11.1 million barrels a day in June, exceeding its quota, ... [Full Article...]

Senate to include measure blocking Trump's ZTE deal in defense bill

Senate to include measure blocking Trump's ZTE deal in defense bill An amendment sponsored by Sens. That sanction was put in place after the Chinese company violated the terms of an earlier agreement to punish it for illegal sales to Iran and North Korea . Jeffries said it expected ZTE to pay its penalty in a few days and resume operations next week. The reaction to the move, as NPR's Dustin Dwyer reported , was "swift, negative and bipartisan". [Full Article...]

Germany orders Mercedes to recall 774,000 diesel models

Germany orders Mercedes to recall 774,000 diesel models It relates to four-cylinder turbo-diesel engines fitted to Euro6-compatible 220d variants of the C-class and GLC SUV, as well as the Vito van . Afterwards he said the ministry had ordered the "immediate" recall of Daimler models in Germany because they contained "illegal shutdown devices". [Full Article...]

AT&T-Time Warner Decision: Either Way, Media Is Ailing

AT&T-Time Warner Decision: Either Way, Media Is Ailing Shares of AT&T fell about 1.3 per cent in after-hours trade following the decision, while Time Warner rose more than 5 per cent. Comcast was down 3 per cent. Comcast, for example, would like to outbid the Walt Disney Co. for some of 21st Century Fox's assets, but has held off until the trial ended. During the trial, the judge heard from dozens of witnesses, including AT&T CEO Randall Stephenso... [Full Article...]

Read The Joint Statement From President Trump And Kim Jong Un

Read The Joint Statement From President Trump And Kim Jong Un A historic encounter between President Donald Trump and North Korean leader Kim Jong Un ended in Singapore Tuesday with a pledge by Pyongyang "to complete denuclearization of the Korean Peninsula" and an unexpected announcement that the US would suspend military drills with South Korea . [Full Article...]

Tesla cuts 9 percent of workforce in search for profit

Tesla cuts 9 percent of workforce in search for profit Mr Musk said the job cuts were a "difficult decision". Instead, he said that the cuts were made to job functions that, "are hard to justify today". Tesla is cutting 9% of its workers as part of a reorganization created to reduce costs and help the electric automaker become profitable, according to an email CEO Elon Musk sent to employees Tuesday and obtained by Fortune . [Full Article...]

Amazon blasted by labour group over China factory conditions

Amazon blasted by labour group over China factory conditions Taiwan-based Foxconn, officially Hon Hai Precision Industry Co. The situation is often even worse for " dispatch workers", or temporary staff who are brought into the factory when more hands are needed. While working conditions in Chinese factories have been a point of concern for quite some time, with companies like Apple , Nike, Foxconn and a host of other brands having been in the spotlig... [Full Article...]

Trudeau reacts to Trump

Trudeau reacts to Trump U.S. President Donald Trump wants to eradicate this country's dairy industry, the sector's farmers said Monday amidst increased trade tensions between Canada and the United States. "He really, actually - you know what?" "I think we're in a hard place now, I'd like to see this thing settle down". Perhaps they were trying to show the power they have. [Full Article...]

Domino's aims to make delivery easier by paving roads in local communities

Domino's aims to make delivery easier by paving roads in local communities The massive pizza chain has already worked alongside four municipalities to help fix roads that directly affect their customers, including those in Bartonville, Texas; Milford, Delaware; Athens, Georgia; and Burbank, California, and there is still plenty of work to be done. [Full Article...]

Key four areas mentioned in the US-North Korea signed document

Key four areas mentioned in the US-North Korea signed document The former USA ambassador to South Korea was astonished at the concessions agreed to by President Donald Trump during his summit with Kim Jong-un. South Korea's Presidential Blue House said it needed to "to find out the precise meaning or intentions" of Trump's statement, while adding that it was willing to "explore various measures to help the talks move forward more smoothly". [Full Article...]

Amazon expands Prime Whole Foods discount to Alabama

Amazon expands Prime Whole Foods discount to Alabama Amazon first announced the deal earlier this month at stores in Florida, and expanded it to 12 more states in late May. Starting Wednesday, Prime members will be able to receive a 10% discount on sales items at Whole Foods stores in Arizona, Alabama, Georgia, Hawaii, Oregon, North Carolina, South Carolina, Washington, Louisiana and Mississippi. [Full Article...]

Kim Jong-un Speaks Out On Signing Historic Document With Donald Trump

Kim Jong-un Speaks Out On Signing Historic Document With Donald Trump Trump grasped Kim's right arm as they shook, and then, later, took hold of Kim's left arm as they turned to face the cameras and the world, both their expressions momentarily deadening before they turned to face each other again, and smiled. [Full Article...]

New Tesla software to offer 'full' autonomy, says Elon Musk

New Tesla software to offer 'full' autonomy, says Elon Musk The good news is that Tesla is updating these features, and by August all the Tesla vehicles with autonomous functionality will be able to self-drive with your hands off the wheel. Missy Cummings, the director of Duke University's Humans and Autonomy Lab, said Musk's self-driving statement was an "attempt to generate hype" and that his assertion of a focus on safety was "laughable". [Full Article...]

Jaguar Land Rover moves Discovery production from Solihull to Slovakia

Jaguar Land Rover moves Discovery production from Solihull to Slovakia Britain's biggest vehicle maker says production will move from Solihull to Slovakia in eastern Europe early next year. The Discovery has been made at Solihull since it was first launched by Land Rover in 1989 and is now in its fifth generation. [Full Article...]

People are reselling Elon Musk’s flamethrowers on eBay for thousands of dollars

People are reselling Elon Musk’s flamethrowers on eBay for thousands of dollars Tweeting from Hathorne, the Tesla and SpaceX chief executive added: "Due to recent regulatory/customs rules enacted to inhibit transport of anything called a Flamethrower , we have renamed our product: "Not-a-Flamethrower". Musk tweeted that the instruction manual drew its inspiration from Dr. Seuss' " Green Eggs and Ham ". "Even though it's written in a joking manner". [Full Article...]


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