Tuesday, 17 July 2018
Latest news
Home » Money


JetBlue crew rescues dog in distress with oxygen mask


The crew was able to bring the dog, named Darcy, an oxygen mask. A woman has thanked flight attendants for helping save her French Bulldog after the pup fell ill and needed an oxygen mask on a flight. She added Darcy has made a complete recovery but she will not fly the dog with her in future without a vet's clearance. Fenster told " Good Morning America " he'd never seen anything like Darcy's case in 15 years working for an airline. Read More »

Donald Trump's China Tariffs Don't Apply to Ivanka


In the case of the China-U.S. squabble, Trump imposed aluminum and steel tariffs in early March in order to protect those American industries. The White House says the tariffs are a response to unfair trade practices by China. President Donald Trump last month threatened additional tariffs against China if it retaliated. The US has ramped up its trade war with China, outlining a list of $200bn (£150bn) worth of additional products it plans to place tariffs on. Read More »

OPEC says it's doing best to supply market but won't overdo it


Zanganeh added that Iran had already devised a plan to counter Trump's threats, and that the plan was working successfully. Surging prices led Trump to take to Twitter on July 4, accusing OPEC of "doing little to help" and urging the group to "REDUCE PRICING NOW!" Zanganeh said that exerting pressure as such was against the principles of the Organization of the Petroleum Exporting Countries (OPEC) in which both Saudi Arabia and Iran are founding members. Read More »

Erdogan to take oath as Turkey’s1st Executive President with vast powers


He will take the oath of office in parliament at 4 pm (1300 GMT), before attending a ceremony two hours later at the huge presidential palace he has constructed in the capital. The president will sit at the top of a vertical power structure marked by a slimmed-down government with 16 ministries instead of 26 and multiple bodies reporting to him. Read More »

Woman on oxygen tank dies after her power is cut off


Her family said Daniels, who used an electric-powered oxygen tank as a result of congestive heart failure, had struggled to breathe at the home on a day where temperatures had reached around 90° F. Her family said she was in good spirits but relied on her oxygen tank to breathe. When she arrived later that morning, the heat was suffocating. "She was the matriarch of this family - she was the glue that held everything together", said Desiree . Read More »

Erdogan assumes greater powers as Turkey's new era begins


The president said in the previous days that there will not be any members or parliamentarians of his Justice and Development Party (AK Party) in the new cabinet, hinting that it will be made up of former politicians and bureaucrats. North Atlantic Treaty Organisation member Turkey's relations with its Western allies have been strained by disputes with the United States over military strategy in Syria and by European Union criticism of Ankara's large-scale purges of state institutions, armed ... Read More »

Timehop breached due to lack of 2FA, 21 million users hit


For this reason, Timehop urges those users to take steps to ensure that their cell number can not be ported without their knowledge. Timehop said that the details were stolen because it didn't use two factor authentication (2FA) on its cloud computing login. Read More »

Oil markets volatile as trade conflict between U.S. and China escalates


Oil prices steadied on Monday as an increase in US drilling, likely to lead to higher shale production, balanced evidence of tightening supply. Meanwhile, Chinese state media has unleashed a full-on propaganda blitzkrieg, slamming Trump's government as a "gang of hoodlums", with officials vowing retaliation, while the chairman of Sinochem just become China's official leader of the anti-Trump resistance, quoting Michelle Obama's famous slogan " when they go low, we go high ". Read More »

Starbucks is eliminating plastic straws from all stores

The new designs have drawn comparisons to an adult "sippy cup ". Starbucks ( sbux ) will replace plastic straws with recyclable strawless lids, which it will serve with all of its iced coffee, tea, and espresso drinks. Starbucks said cold beverages in which a straw is typically included make up 50 percent of the drinks its sells, up from just 37 percent five years ago. Read More »

Seattle bans plastic straws, utensils at businesses


A ban went into effect Sunday outlawing those particular straws and utensils at " all food service businesses, including restaurants, grocery stores, delis, coffee shops, food trucks, and institutional cafeterias". However, Seattle Public Utilities spokeswoman Ellen Pepin-Cato said that the focus this upcoming year will be on "continuing outreach and assistance to businesses to help them come into compliance, rather than enforcement". Read More »

China cancels US soybean purchases as trade war takes hold


The United States imposed $34 billion in tariffs on Chinese products Friday, and Beijing hit back with its own fiscal punishment and slammed the Trump administration for igniting " the biggest trade war in economic history ". Others may not have voted for him but did not vote for Hillary Clinton, opting to write in third-party candidates or leave that part of the ballot blank. Read More »

China pushes for wider ties with east Europe


China remains open for trade with foreign partners and can only benefit from an economically strong Europe , Premier Li Keqiang said, as he pressed for expanded ties with the continent's eastern wing while waging a tariff war with Washington. Read More »

US stocks gain with tech shares leading, Companies & Markets News & Top Stories


The Dow Jones Industrial Average jumped 99.74 points to 24,456.48, with Apple and Microsoft outperforming. A solid pickup in hiring by USA employers last month helped keep investors in a buying mood. The Dow is up 85.33 points, or 0.4 percent. The gains came despite an escalation in trade tensions as the US imposed tariffs on Chinese goods and China responded in kind. Read More »

Theresa May's Cabinet in crisis as David Davis resigns over Brexit plan


Well done David Davis for having the principal and guts to resign. We needed Boris to emulate his hero Churchill. Labour Party chairman Ian Lavery said: "This is absolute chaos and Theresa May has no authority left". Whether the Prime Minister will be able to get her plans past the Brextremists in her own party let alone Brussels remains to be seen. Under the proposals, yet to be presented to the European Union, there would be a free trade area for industrial and agricultural goods, ... Read More »

BP in lead to acquire BHP's US onshore shale assets


The firm owned 8,500 shares of the mining company's stock after selling 5,436 shares during the period. Measuring its EPS growth this year at 192%. The ATR is not used to measure price direction, just to measure volatility. The higher the ratio, the more financially secure a company is in the short term. Read More »

Netflix mulling over 'Ultra' subscription for $17 per month


Users in European countries like Germany and Italy have already reported seeing this addition to the list of subscription plans, according to Cordcutting.com , with Ultra being priced at €16.99 (roughly £15 GBP or $19.90 USD). So far, these plans are only being tested in Europe, but, according to how well these changes are received, could become more widespread among Netflix customers. Read More »

Trade Deficit Narrowed to 19-Month Low in May

After struggling through the middle part of a year ago, exports had seen a revival in recent months due to a run-up in oil prices and stronger demand for non-energy exports. Exports were off slightly for the month, falling 0.1 percent to Can$48.3 billion, on a 3.6 percent decline in sales of motor vehicles and auto parts. Read More »

June Sees Employment Rates Increase 213000


In another sign of vigorous demand for labor, the results for April and May were revised higher by a total of 37,000 new jobs, bringing the average for the past three months to 211,000. The percentage of unemployment attributable to voluntary quits fell to 12.4 percent, more than reversing a big jump reported in May. Prices for longer-dated U.S. Read More »

Business patience 'at breaking point' over lack of Brexit clarity


May's foreign minister, Boris Johnson, who also campaigned for Brexit , seemed to support the parliamentarian by tweeting: "It's vital that all MPs are able to air their views on Brexit ". "At Chequers the prime minister must stick to her righteous cause and deliver what she has said she would do", Conservative Brexit campaigner Jacob Rees-Mogg wrote in the tabloid newspaper The Sun on Tuesday. Read More »

June's employment gains, job hunter influx clears way for rate hike


Toronto saw its unemployment rate rise by 0.1 of a percentage point to 6.4 per cent, while Vancouver's unemployment rate was 4.6 per cent during the month. The unknowns include Canada's intensifying trade dispute with the United States and the challenging renegotiation of the North American Free Trade Agreement. Read More »

Ford and General Motors Assessing Tariffs Impact in China


Ford Motor's (F.N) China slump intensified, with vehicle sales tumbling 38 percent in June and the automaker recording its worst-ever first half, as buyers shunned its aging models that are awaiting overhauls and flocked to rivals. "We always knew it would be a challenging year for us given our position in the product cycle", Peter Fleet, head of Ford's Asia-Pacific operations, which include China, said in a statement. Read More »

U.S. jobs growth stronger than expected

The unemployment rate rose from an 18-year low of 3.8% to 4% but that was because more people were drawn into the strong labor market. The United States has increased jobs monthly for more than seven years, but some analysts suggest that the escalating trade disputes between the USA and its allies could threaten growth. Read More »

Jaguar Land Rover Says 40,000 Jobs At Risk From Bad Brexit Deal


This would be in jeopardy should the company be faced with the wrong outcome. Jaguar Land Rover, which was bought by Tata a decade ago and employs more than 40,000 people in Britain, told the government on Wednesday that it wanted more clarity over the country's future relationship with the European Union before... Read More »

Fed minutes suggest end of rate increases could come next year


Last month, the Fed raised its key interest rate by 25 basis points to between 1.75% and 2%, and expects to increase borrowing costs two more times this year. As from midnight on Friday, the first wave of USA tariffs will apply to 818 Chinese goods ranging from boat motors to LEDs and radio equipment. The U.S. Read More »

Asian stocks lower on impending trade war


This drove European vehicle stocks sharply higher and dragged up wider markets. After falling as much as almost 1 percent, China's Shanghai Composite Index rose 0.6 percent to 2,750.72. However, Hikaru Sato, senior technical analyst at Daiwa Securities, said the market "has already factored in" this stage of the US-China trade battle and is looking towards the next spat. Read More »

US economy adds more jobs than expected in June

On the same day that the Trump administration began imposing tariffs on $34 billion in Chinese imports and China retaliated with their own tariffs, the job gain showed that the 9-year old US economic expansion - the second-longest on record - remains on solid ground for the moment. Read More »

US employers added 177,000 jobs in June - 7/5/2018 7:32:56 AM


Employers in the United States appear to have kept up their brisk pace of hiring in June, reflecting the durability of the second-longest US economic expansion on record, even in the face of a trade war with China. ADP's report for June included two economist observations, as it does each month. "The labour market continues to march towards full employment", said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. Read More »

National Fried Chicken Day 2018: Best Deals & Sales


There's quite a few National Fried Chicken Day 2018 deals available today as chains across the US celebrate the makeshift holiday. Before there was the Colonel, or chicken and waffles, there was a Mrs. Plus, that day guests will have the opportunity to experience special restaurant photo ops and an exclusive Snapchat filter that will make those fried chicken photos extra fun. Read More »

RCMP begin to cut down anti-tanker protesters suspended from bridge


Tuesday, the Greenpeace volunteer overseeing safety of the climbers said in a phone interview, and suspended into their positions hanging from the bridge by 6 a.m. "Part of civil disobedience is the open and forthright breaking of certain laws in order to uphold higher morals and higher laws", Greenpeace spokesperson Alex Speers-Roesch said, watching from a distance as the RCMP moved in. Read More »

ZTE names new CEO, top executives to comply with US mandate


Appointing a new management is apparently part of a settlement between ZTE and the USA authorities; the company committed to shaking up its management. ZTE was also required to pay a $1 billion penalty to resume business in the US. ZTE has already paid a $1 billion fine, and has agreed to place $400 million in escrow to cover any future misdeeds by the Chinese manufacturer. Read More »

News Starbucks Barista Reportedly Fired After Mocking Customer With Stutter


Starbucks says it has since fired the employee involved, who worked at a Philadelphia, Pennsylvania, location of the chain . "There is no tolerance for this type of behavior". Clearly, Starbucks missed the point. Lekwijit also declined NBC News' requests for interview. 'There are many people with speech disorders who are in a worse position than my friend's and struggle with self-esteem and self-confidence. Read More »

Qantas announces trial of end-to-end facial recognition air travel system


Qantas and Sydney Airport have started to trial facial recognition technology which lets passengers use their face to complete most parts of their trip instead. Lounge staff will also have access to the trial, enabling them to "create a more personalized experience when passengers arrive", Hudson said. This airport in Sydney, Austrailia will be the first one to use its application for travelling, where "your face will be your passport". Read More »