Economy

Economy Parrot uses owner's Amazon Alexa to order items online
Author: 0 Parrot uses owner's Amazon Alexa to order items online

Marion Wischnewski, who works at the National Animal Welfare Trust sanctuary in Berkshire, said she brought Rocco to live in her home in Oxfordshire when officials became concerned about the bird's use of profanity in front of visitors.

Economy Now Google is bringing a new $1B campus to New York City
Author: 0 Now Google is bringing a new $1B campus to New York City

Google plans to double the number of its employees in NY to around 14,000 over the next 10 years, Porat wrote on Monday. The company plans to move into two of its new locations in NY, at 315 and 345 Hudson Street, by 2020, and another office at 550 Washington Street in 2022.

Economy Robinhood halts plans for no-fee checking and savings accounts
Author: 0 Robinhood halts plans for no-fee checking and savings accounts

Co-CEO Baiju Bhatt said Thursday that the 3-percent rate is not a teaser, and the company believes it is sustainable given the economic environment. Furthermore, Harbeck states that the SIPC would never insure such an account, pointing out that SIPC insurance is used to insure cash that is earmarked for the purchase of securities.

Economy Carnival announces roller coaster on new cruise ship
Author: 0 Carnival announces roller coaster on new cruise ship

The company on Thursday announced plans to launch the first-ever cruise ship with a roller coaster on board. The 800-foot, all-electric coaster will travel up to about 40 miles per hour and feature "twists, turns and drops". And since guests choose their own speed, each ride is unique. She called the roller coaster a "one-of-a-kind, game-changing, exhilarating attraction".

Economy Shakira has been charged with tax evasion in Spain
Author: 0 Shakira has been charged with tax evasion in Spain

However, a source close to Shakira says that she believes she is innocent and the prosecutor is using the case a "smear campaign" and that the investigation and charges were initiated to intimidate other taxpayers, People reports. But prosecutors allege that she was already living in the Catalan capital between 2012 and 2014, and should have paid tax on her worldwide income for those years in Spain .

Economy China suspends new tariffs on USA cars as trade war eases
Author: 0 China suspends new tariffs on USA cars as trade war eases

President Trump has repeatedly said he wants trade relations between the US and other countries to be reciprocal. "As a leading exporter of vehicles from the United States, we are very encouraged by China's announcement today", Hinrichs said.

Economy Tampons recalled after reports of performance issues
Author: 0 Tampons recalled after reports of performance issues

The company says that the defective tampons were manufactured between Oct. 7, 2016 and Oct. 16, 2018, and distributed between Oct. 17, 2016, and Oct. Anyone who experiences vaginal injury, vaginal irritation, urogenital infections or other symptoms such as hot flashes, abdominal pain, nausea, or vomiting following use of the impacted product should seek immediate medical attention.

Economy Pound jumps after British minister raises prospect of Article 50 delay
Author: 0 Pound jumps after British minister raises prospect of Article 50 delay

Sterling on Thursday rose 0.3 per cent to 1.2687 dollars, a three-day high, and versus the euro to 89.73 pence by 0920 GMT. The prime minister will face a vote of no confidence on Wednesday, with a worrying number of Tory MPs frustrated with her Brexit strategy and looking to oust her, potentially at the party's own expense.

Economy Strong police presence in Paris before planned 'yellow vest' protests
Author: 0 Strong police presence in Paris before planned 'yellow vest' protests

In Paris , 8,000 officers will be charged to ensure calm in the capital where armored vehicles will be used on the streets for the second week. They said industrial safety product importers and wholesale merchants were summoned to a meeting with senior police officers in Cairo this week and informed of the rules.

Economy Tencent Music surges in Wall Street debut
Author: 0 Tencent Music surges in Wall Street debut

Tencent Music sold 41 million ADRs, while existing investors sold a further 40.9 million, the recording said. It's the biggest year for mainland firms since 2014, when Alibaba Group priced the world's largest IPO, the data show. Tencent Music's US IPO is the fourth largest among Chinese firms this year by deal value. Supervoting Class B shares, which get 15 votes per share, are held by insiders and parent company Tencent.

Economy California Proposes Tax on Text Messages, Retroactive 5 Years
Author: 0 California Proposes Tax on Text Messages, Retroactive 5 Years

The business coalition argues the Public Purpose Programs are sufficiently funded with almost $1 billion in their budget - and warns a text tax would cost Californians $44.5 million per year, and could add up to more than $220 million if applied retroactively for five years.

Author: 0 'Canada will pay': Chinese state media threaten repercussions over Huawei arrest

Prime Minister's Office spokeswoman Chantal Gagnon said the two leaders saw each other at the G20 meeting in Buenos Aires and have not been in contact. "Such situations involving Canadians in difficulty should never be the subject of partisan plays", Austen said in an email to HuffPost Canada. Huang noted that many Chinese consumers boycotted Japanese products during conflict between China and Japan, so boycotting Canadian products is "definitely something that can happen in China".

Economy Toronto council votes to allow private cannabis retail stores
Author: 0 Toronto council votes to allow private cannabis retail stores

Councillors in Toronto have voted to allow retail pot shops in Canada's most populous city. "I don't want Mississauga to be a guinea pig", Damerla said. But some municipalities are saying the province is moving too quickly and being too inflexible. "While today's vote on cannabis will see Toronto become a part of a regulatory regime and allow cannabis retail stores, I do not believe it provides adequate ability for the city of Toronto to protect people and neighbourhoods", the statement ...

Economy Japan's best three telcos to prohibit Huawei, ZTE arrange gear: Kyodo
Author: 0 Japan's best three telcos to prohibit Huawei, ZTE arrange gear: Kyodo

Japan's big three telecoms operators plan to exclude network equipment from China's Huawei Technologies Co Ltd and ZTE Corp , Kyodo News reported on December 10. The company will fine any employee that buys an Apple iPhone an amount equal to the market price of the model purchased. The news came up amid Washington's tight supervision over the Chinese company, following concerns that Beijing is using Huawei as a spying tool.

Economy Qualcomm wants China to ban the iPhone XS and XR
Author: 0 Qualcomm wants China to ban the iPhone XS and XR

According to Qualcomm, the patents allow people to edit and resize photos on a phone and to manage apps by using a touchscreen. According to Reuters , Apple had commented on this stating this is a desperate move from Qualcomm and further stating that the chipset makers' illegal practices are now under investigation by regulators, globally.

Economy Apple expands operations to include San Diego location
Author: 0 Apple expands operations to include San Diego location

The firm is already in the process of expanding its data centres in North Carolina, Arizona and Nevada and past year announced it was building a new data centre in Waukee, Iowa , forking out £1.3bn for the work. area by opening massive new offices . After adding 6,000 new jobs in America a year ago, Apple now employs about 90,000 people, with employees in every state.

Economy Wages rises accelerate to fastest pace since 2008
Author: 0 Wages rises accelerate to fastest pace since 2008

This compares to 0.6pc recorded in the three months to September. In a sign of the continuing woes on the British high street and the worst period for auto sales since the financial crisis, the retail and wholesale sector also recorded a drop in growth of 0.02%.

Economy Plane turned around after human heart found on flight
Author: 0 Plane turned around after human heart found on flight

The airline didn't say how long the plane had been in the air when the organ was discovered. How did the passengers react? The error caused a delay of around five hours. "There's a time limit to get where it needs to go". According to the U.S. Department of Health and Human Services, there are an average of 20 patients each day awaiting an organ transplant.

Economy Kotex tampons recalled in Canada after reports of ‘coming apart’ inside bodies
Author: 0 Kotex tampons recalled in Canada after reports of ‘coming apart’ inside bodies

The tampons were distributed to stores across North America over the last two years, between October 17, 2016 and October 23, 2018. Some consumers have also reported infections or irritation because of it, the company said. 23, 2018. The recalled products and their lot codes can be found here . Additionally, consumers can check lot numbers on the U by Kotex website .

Economy British PM delays Brexit deal vote but European Union warns no renegotiation
Author: 0 British PM delays Brexit deal vote but European Union warns no renegotiation

But facing a huge rebellion of her own Tory MPs, primarily over the backstop clause created to keep open Britain's border with Ireland, May conceded she expected to lose and delayed it. The Conservatives had to build a "country that works for everyone" and deliver "the Brexit people voted for". The final two candidates are put to a vote of the full party membership across the country.

Economy ‘British Parliament Would Never Accept Any Deal From Theresa May'
Author: 0 ‘British Parliament Would Never Accept Any Deal From Theresa May'

Instead, she said she would visit European leaders and seek "additional reassurance" on some of the deal's more contentious elements. May responded to the development by vowing to fight to stay in power "with everything I've got" and appealing to party colleagues to support her leadership.

Economy Shaktikanta Das says he will try to uphold RBI’s autonomy, credibility
Author: 0 Shaktikanta Das says he will try to uphold RBI’s autonomy, credibility

It's an honour and great opportunity to serve RBI . Das said the banking sector faced a lot of challenges, and many more measures needed to be taken. He has been in the Reserve Bank of India for about six years as Deputy Governor and Governor. Das parried queries on differences with the government that led to his predecessor's resignation Monday.

Economy Oil prices rise as equities rally, Libyan supply outage continues
Author: 0 Oil prices rise as equities rally, Libyan supply outage continues

A year ahead outlook report from Bank of America Merrill Lynch expects Brent crude to regain its recent losses in 2019 and settle at $70 a barrel. "There's the U.S. "The more OPEC + tries to support prices by withholding oil from the market, the more they give the USA shale sector an out from rationing supply growth themselves", Citi said in a research note written by a team led by Ed Morse, the firm's global head of commodities.

Economy Australian Watchdog Recommends Regulatory Body for Facebook, Alphabet's Google
Author: 0 Australian Watchdog Recommends Regulatory Body for Facebook, Alphabet's Google

The ACCC this morning released the preliminary report of its digital platforms inquiry, which concluded that both companies possess "substantial market power" in a number of areas. Another recommendation being considered is for a specific code of practice for digital platforms' data collection to better inform consumers and improve their bargaining power.

Economy Brexit: Theresa May to meet European Union leaders in bid to rescue deal
Author: 0 Brexit: Theresa May to meet European Union leaders in bid to rescue deal

Then Mrs May will head to Brussels to meet with EU Commission president Jean-Claude Juncker and European Council president Donald Tusk. After repeated warnings that the December 11 vote in parliament would humiliate her government as opponents and supporters of Brexit joined in opposition to her deal, May convened a conference call with senior ministers on Monday.

Economy Yellow Vests: Erdogan and Trump pile in on Macron
Author: 0 Yellow Vests: Erdogan and Trump pile in on Macron

Authorities had prepared for the Saturday rally by sending in 10 armoured vehicles, and closing tourist attractions such as the Eiffel Tower, the Louvre museum, the two opera houses and the Grand Palace. It is too early to calculate the full economic cost - but it's clear the damage is severe. Although the precise cost of the protests to the French economy can not yet be quantified, the French retail federation estimates retailers alone have lost around 1 billion euros (Dh4 billion) ...

Author: 0 Britain's May will seek further assurances from European Union on Brexit backstop

The prime minister was forced to abandon a vote on her Brexit deal, which was due to take place today, after admitting it "would have been rejected by a significant margin" if put before MPs. European parliament Brexit coordinator Guy Verhofstadt also told May: "If she is looking for a closer relationship with the EU to avoid the use of this backstop, there will be no obstacle, no problem".

Economy Theresa May cancels Brexit vote
Author: 0 Theresa May cancels Brexit vote

International Trade Secretary Liam Fox said it would be difficult to get the Brexit deal through Parliament without reassurances the United Kingdom would not be "trapped" in backstop measures ensuring no return to hard border in Ireland. The letter, signed by Labour's Jeremy Corbyn, SNP Westminster leader Ian Blackford, Liberal Democrat leader Sir Vince Cable, Plaid Cymru's Liz Saville Roberts and co-leader of the Greens Caroline Lucas, demanded assurances from the prime minister on what ...

Economy Theresa May pulls plug on UK Brexit vote
Author: 0 Theresa May pulls plug on UK Brexit vote

However, "If we went ahead and held the vote tomorrow, the deal would be rejected by a significant margin", she told parliament of the agreement she clinched after 18 months of tortuous negotiation. Hours after the humiliation of scrapping a Commons vote on her withdrawal agreement, she headed off on a frantic tour of European capitals. But there is no agreement about what a better deal would look like.

Economy Amid Paris protests, Emmanuel Macron to speed up tax cuts, raise wages
Author: 0 Amid Paris protests, Emmanuel Macron to speed up tax cuts, raise wages

In his first national address following France's worst unrest for years, Macron sought to restore calm and struck a humble tone after accusations his governing style and economic policies were fracturing the country. The 40-year old former investment banker was also under pressure to make amends about cutting remarks he has made about the costs of welfare that critics say made him look aloof and arrogant.