Economy

Economy Brexit: Rival Tory factions devise no-deal plan
Author: 0 Brexit: Rival Tory factions devise no-deal plan

But Weyand, who is the EU's second most senior Brexit negotiator, said there was no chance to change the withdrawal pact and that no one knew what a credible alternative might be. 'If the Brady amendment is a government amendment, effectively, that means the Withdrawal Agreement will be re-opened; that's very different from a worthy backbench motion that doesn't do anything.

Economy UK leader under new pressure to secure EU Brexit concessions
Author: 0 UK leader under new pressure to secure EU Brexit concessions

Ireland dealt a blow on Sunday to British Prime Minister Theresa May's attempts to break the deadlock over Brexit by saying it would not accept any changes to an agreement aimed at preventing a hard border on the island of Ireland. A number of Remain-backing MPs are supporting an amendment by Labour MP Yvette Cooper, that would create a bill enabling Article 50 - the mechanism by which the United Kingdom leaves the European Union on 29 March - to be delayed by up to nine months if the ...

Economy DOJ charges Chinese tech giant Huawei, top executive with fraud
Author: 0 DOJ charges Chinese tech giant Huawei, top executive with fraud

T-Mobile had accused Huawei of stealing the technology, called "Tappy", which mimicked human fingers and was used to test smartphones. He said he was concerned about Huawei devices in U.S. "As charged in the indictment, Huawei and its Chief Financial Officer broke USA law and have engaged in a fraudulent financial scheme that is detrimental to the security of the United States", said Homeland Security Kirstjen Secretary Nielsen.

Economy Justice Department announces charges against China's Huawei
Author: 0 Justice Department announces charges against China's Huawei

Senior officials of the Trump administration gathered at the Department of Justice in Washington to announce criminal indictments against Huawei , the largest Chinese smartphone maker; its United States affiliate; the Hong Kong-based Skycom; and Meng Wanzhou, Huawei's chief financial officer, for conspiracy that poses a national security threat to the US.

Economy Venezuela's Guaido calls for new protests as pressure on Maduro rises
Author: 0 Venezuela's Guaido calls for new protests as pressure on Maduro rises

But many Venezuelan military members have said they and their families are exhausted of the severe shortages of food and other basics plaguing. "To guarantee peace, we have to be prepared". administration considers Venezuela's interim president. Pompeo urged nations to end financial transactions with Maduro's government, which has struggled to pay bills despite the country's oil wealth.

Author: 0 Majority of Americans Approve of Trump's Economic Policies, WSJ/NBC Polls Says

Although the president had slightly more support than other leaders, he also had the most intense lack of confidence. The Trump administration imposed harsh economic sanctions on Iran in August and November a year ago following the president's decision to withdraw from the 2015 nuclear deal with Tehran, signed by his predecessor Barack Obama.

Economy Saudis Look To Attract $430 Billion In Foreign Investment
Author: 0 Saudis Look To Attract $430 Billion In Foreign Investment

Crown Prince Mohammed bin Salman , who's embarked on the biggest overhaul of the Saudi economy in its modern history, will speak later on Monday to an invite-only crowd in Riyadh . At a later stage, it plans to announce projects in the military, chemicals and small businesses industries worth $50 billion, he added without giving a timeframe.

Economy Billionaire businessman Schultz aims to oust Trump in 2020
Author: 0 Billionaire businessman Schultz aims to oust Trump in 2020

Former Starbucks CEO Howard Schultz , a former Democrat, is preparing to run for president as an Independent candidate in 2020, he told The New York Times . "I've been a lifelong Democrat". "We see extremes on both sides", Schultz said. "They are looking for a better choice", he said. But he also criticized Democrats' Medicare-for-All healthcare proposal, calling it "as false as the wall", and noting that free health care is something the country can not afford.

Economy Australia recognises Juan Guaidó as Venezuela president
Author: 0 Australia recognises Juan Guaidó as Venezuela president

The US official, in turn, "reaffirmed the United States' strong support for interim President Guaido's leadership of Venezuela", the State Department said. He accused Maduro of usurping power and promised to create a transitional government. On Saturday, Mike Pompeo , US Secretary of State told the United Nations that countries must "pick a side" on Venezuela, urging them to also recognise Mr Guaido.

Economy Brooklyn truck driver wins $298 million Powerball jackpot
Author: 0 Brooklyn truck driver wins $298 million Powerball jackpot

When asked if he would continue to work as a truck driver his answer was clear. David Johnson displays his Giants Powerball check for $298.3 million Friday at the Resorts World Casino in Queens. He made a decision to take the lump sum of his winnings, which amounted to about $114 million after taxes. "A friend of mine, a next driver for the company, called me and said 'Hey Dave!" "I told him no bro that's not me man".

Economy As U.S. government reopens, lawmakers say shutdowns don't work
Author: 0 As U.S. government reopens, lawmakers say shutdowns don't work

He added, "At the end of the day, the president's commitment is to is to defend the nation and he'll do it either with or without Congress ". The president also said he doubted he would accept less than $5.7 billion for the border wall, nor would he agree to grant citizenship for "Dreamers" - immigrants illegally brought to the U.S.as children who would have benefited from never-passed proposals in Congress called the DREAM Act - in exchange for wall funding, according to the Journal report.

Economy Budweiser touts brewing with wind energy in new Super Bowl ad
Author: 0 Budweiser touts brewing with wind energy in new Super Bowl ad

The ad, from David Miami, is a dramatic way to underscore Budweiser's commitment, announced a year ago, to move to using 100% renewable electricity generated by wind power for brewing the beer. And while some people are dedicated to improving the environment, others don't know where to start. "We'll see them ... driving past a wind farm which is a nod to Budweiser's move towards using renewable energy with wind", Pearl added.

Economy Dam collapse floods Brazil community with mining waste
Author: 0 Dam collapse floods Brazil community with mining waste

The earlier toll after a torrent of mud broke through the dam Friday was seven dead and 150 missing, according to officials who sought to evaluate the full scope of the disaster. But Vale president Fabio Schvartsman said the accident may have occurred too quickly for a siren which triggers security protocols to be activated.

Economy Venezuela oil woes add urgency to Canada's pipeline, rail plans
Author: 0 Venezuela oil woes add urgency to Canada's pipeline, rail plans

On Friday, oil prices gained as concerns over tighter global supply amid the threat of US sanctions on Venezuelan oil sector outweighed surging USA stockpiles. Despite Friday's gains, oil and equities remained on track for their first losing week of the year. Hawks in the administration favour a strong round of sanctions including on the oil industry, while others argue for a more restrained approach that would allow Venezuela's collapse to proceed under its own steam, he said.

Economy Deadly California fire caused by homeowner equipment
Author: 0 Deadly California fire caused by homeowner equipment

It was one of the deadliest fires in state history . The utility still faces billions of dollars in potential damages from other wildfires , including a blaze a year ago that killed at least 86 people and became the nation's deadliest in a century.

Economy Spinach recalled over salmonella concerns
Author: 0 Spinach recalled over salmonella concerns

No one has reported getting ill from digesting the product, the FDA notice posted Wednesday said . A recall of spinach from Satur Farms has prompted Whole Foods to recall a number of products as well. Customers who purchased these products can bring a valid receipt into stores for a full refund. The product code can be found on the barcode on the wrapped item.

Economy Honda To Display EV Prototype At The Geneva Motor Show
Author: 0 Honda To Display EV Prototype At The Geneva Motor Show

Days after the 2017 Frankfurt Motor Show , a leaked photo of the Honda Urban EV concept surfaced online. Earlier, a prototype has already been seen on the tests. "Key parts of the powertrain development will include a high-density, lightweight battery pack, integrated heat management and the evolution of energy transfer functions - both to and from the vehicle".

Economy Facebook willingly let kids spend their parents' money and didn't stop it
Author: 0 Facebook willingly let kids spend their parents' money and didn't stop it

This one comes courtesy of a report from RevealNews , which obtained over 100 pages of court documents from a lawsuit by parents that revealed Facebook knowingly continued to let children buy in-game purchases with their parents' credit cards without permission from them, which the company made millions in profits off of.

Economy Refineries, traders worry crude shortages over attainable Venezuela sanctions
Author: 0 Refineries, traders worry crude shortages over attainable Venezuela sanctions

Futures in NY gained 1 per cent on Thursday as Venezuelan President Nicolas Maduro defied calls from the US and other nations to cede control of the Latin American country that holds the world's biggest crude reserves. The American Fuel & Petrochemical Manufacturers, which represents 95 percent of the refining sector, has lobbied hard over the past two years against any attempts to restrict imports of Venezuelan oil.

Economy Hulu drops price of its most popular streaming plan
Author: 0 Hulu drops price of its most popular streaming plan

Seeing a price drop on Hulu's base plan is great, but over on the upper end, we're actually seeing a price increase. As part of changes announced on Wednesday, Hulu will also hike the price of its live TV option, already its highest priced plan, by $5 to $44.99 per month.

Economy BuzzFeed Laying Off 15% of its Staff
Author: 0 BuzzFeed Laying Off 15% of its Staff

The latest announcement comes nearly two years after Buzzfeed re-structured its United States arm, with approximately 100 redundancies, and six months since the organisation made 20 people redundant - and hired 45 - as part of changes to its business.

Economy CBOE has withdrawn proposed rule change for VanEck SolidX Bitcoin ETF
Author: 0 CBOE has withdrawn proposed rule change for VanEck SolidX Bitcoin ETF

According to the news report by Bloomberg , Cboe Global Markets Inc. took back its application to list the first Bitcoin ETF (exchange traded fund). Bitcoin exchange-traded fund (ETF) has always been termed as a game-changer for the industry which could catapult digital currencies' towards mainstream adoption.

Economy Record Unemployment Rate In Yakima County
Author: 0 Record Unemployment Rate In Yakima County

All other state unemployment rates remained steady, including the ACT. This suggests spare capacity in the economy and future sluggishness in wages growth.' Mr Rodda said. Monthly hours worked in all jobs increased 1.1 million hours to 1759.9 million hours. In December 2018, the ABS said trend employment increased by 23,100.

Economy General Mills flour recall: What you need to know
Author: 0 General Mills flour recall: What you need to know

What should I do if I have a bag that is being recalled? Company spokesperson Mike Siemienas notes, however, that the current recall is significantly smaller in scope. Advice for consumersFood that is contaminated with Salmonella bacteria usually does not look, smell or taste spoiled. The most common products affected are beef, poultry, milk, fish or eggs, which is why it is so important to wash your hands and kitchenware after handling these products raw.

Economy Huawei to launch 5G smartphone at MWC 2019 and there's a surprise
Author: 0 Huawei to launch 5G smartphone at MWC 2019 and there's a surprise

Huawei has denied any wrongdoing, the report continues, and Wanzhou has been released on bail in Canada as the United States continues to pursue her extradition on allegations she defrauded banks with Iran-related sanctions. Either way, it seems like we can expect at least one 5G-equipped foldable phone from Huawei in Barcelona next month. "I believe at the earliest this year, and next year at the latest".

Economy Russia Offers Support To Embattled Venezuelan Leader, Condemns Bid To 'Usurp Power'
Author: 0 Russia Offers Support To Embattled Venezuelan Leader, Condemns Bid To 'Usurp Power'

But Maduro nevertheless started a second term on January 10, following a widely-boycotted election a year ago that many foreign governments described as a sham. China opposes foreign interference in Venezuela's affairs, especially threat of military interference, she said. Several nations have joined the U.S.in recognizing Guaido as Venezuela's interim president, including Canada and 11 of the 14 members of the newly formed Lima Group of Latin American nations, among them Argentina, ...

Economy Family kicked off flight after passengers complained about body odor
Author: 0 Family kicked off flight after passengers complained about body odor

The airline said the family was booked into a hotel for Wednesday night and given meal vouchers. Annoyances on flights aren't new, but this sparks a bigger debate: At what level of inconvenience do airlines throw people off flights if they aren't a danger to the rest of the passengers? Adler was then told other people had complained about his family's body odor, and that his family would have to leave.

Economy Microsoft Bing now blocked in China
Author: 0 Microsoft Bing now blocked in China

The temporary block of Microsoft's Bing comes at a time when tensions between the USA and China are running high, with the introduction of a bipartisan Bill in the U.S. Smith said Microsoft has "days when there are either hard negotiations or even disagreements" with Chinese authorities about search results on Bing.