Economy

Economy Walmart Has Decided To Remove Its Trademark Greeters, And People Are Incensed
Author: 0 Walmart Has Decided To Remove Its Trademark Greeters, And People Are Incensed

Numerous disabled and elderly people who are now employed as door greeters by Walmart will not be able to perform the responsibilities of customer hosts, effectively resulting in many of them losing their jobs. In North Carolina , Jay Melton is "happier than a pig in a mud puddle", said his father, Jim Melton. "Because not all disabilities are the same, each case requires a thoughtful solution".

Economy Butts says no inappropriate PMO interference in SNC-Lavalin case
Author: 0 Butts says no inappropriate PMO interference in SNC-Lavalin case

Testifying before the House of Commons justice committee on Wednesday, Butts rebutted accusations made by former Attorney-General Jody Wilson-Raybould, whose abrupt resignation last month touched off the crisis. Treasury Board President Jane Philpott also said she would resign. If Trudeau had been talking about SNC-Lavalin job losses to Wilson-Raybould the justice minister, nothing unseemly would have been done.

Economy Elizabeth Warren Targets Amazon, Facebook, Google for Breakup
Author: 0 Elizabeth Warren Targets Amazon, Facebook, Google for Breakup

Now that Warren has made this a major point of her campaign, all of her competitors are going to have to weigh in on whether Facebook, Google, and Amazon are monopolies, and what the heck to do about it. For smaller companies (those with annual global revenue of between $90 million and $25 billion), their platform utilities would be required to meet the same standard of fair, reasonable, and nondiscriminatory dealing with users, but would not be required to structurally separate from any ...

Economy Eurozone singled out as OECD cuts growth forecast across globe
Author: 0 Eurozone singled out as OECD cuts growth forecast across globe

Although it is clear that the region's economy has been slowing for some months , the OECD's scenario, with the German economy growing only 0.7% in 2019 and Italy's entering a new recession (-0.2% for the year) is, according to experts at Link Securities, "particularly negative and, if it happens, we do not think the variable income market has discounted it".

Economy Amazon To Launch Grocery Stores Separate From Whole Foods 03/04/2019
Author: 0 Amazon To Launch Grocery Stores Separate From Whole Foods 03/04/2019

While the WSJ's sources claim the new, unnamed chain is not meant to cut into WFM's market, Amazon's decision to sign leases on at least three locations comes less than a week after it dropped the Whole Foods 365 concept. The company has not yet commented on the report . There's discussion, the WSJ reports, about opening stores in San Francisco, Seattle, Chicago, Washington D.D, and Philadelphia.

Economy Mark Zuckerberg: A totally different, more private Facebook is in the works
Author: 0 Mark Zuckerberg: A totally different, more private Facebook is in the works

In a Facebook post on Wednesday, the CEO and founder detailed his overarching vision for how to make the service more secure, including encrypting messages. "I believe working towards implementing end-to-end encryption for all private communications is the right thing to do", he said. "Today we already see that private messaging, ephemeral stories, and small groups are by far the fastest growing areas of online communication".

Economy China Suspends Sales of Tesla Model 3's After Customs Officials Find 'Irregularities'
Author: 0 China Suspends Sales of Tesla Model 3's After Customs Officials Find 'Irregularities'

Less than a week after having launched the new base versions of the Model 3, Tesla has already produced the first batch of Model 3 vehicles with the standard battery. Financial publication Caixin had first reported about China's customs authorities blocking the cars. The first shipment of Model 3 cars arrived in Shanghai on February 22, and deliveries started at the end of the month, according to media here reports .

Economy What Venezuelan Expats Think About The Country's Political Crisis
Author: 0 What Venezuelan Expats Think About The Country's Political Crisis

Maduro's comments were the first since Mr Guaido defied him and returned to the country on Monday. "The moment has arrived and our call, our request, and our complete support for public employees, is to bring about this strike", Guaido told a news conference after meeting with state workers.

Economy New Yorkers who made the 2019 'Forbes' billionaires list
Author: 0 New Yorkers who made the 2019 'Forbes' billionaires list

Click through to see the top 20 richest people in the world . Among the regions, Asia-Pacific was the hardest hit, with 60 fewer 10-figure fortunes. Lim Kok Thay, chairman and chief executive of Malaysia-based gaming group Genting Bhd, ranked 436th this year, worth of an estimated US$4.4 billion, compared to US$4.7 billion last year.

Economy FDA warns of asbestos in Claire's makeup; company disputes
Author: 0 FDA warns of asbestos in Claire's makeup; company disputes

Claire's said it was "disappointed that the FDA has taken this step, and we will continue to work with them to demonstrate the safety of our products". The Federal Food, Drug, and Cosmetic Act, which governs the sale of cosmetic products, hasn't been updated since it was enacted in 1938. Claire's was prompted to remove multiple makeup products from stores the same year after a family claimed to have found asbestos in their 6-year-old daughter's makeup.

Economy President Trump Praises His Good Friend 'Tim Apple'
Author: 0 President Trump Praises His Good Friend 'Tim Apple'

While heaping praises on Cook for his contribution in the American commerce and industry sectors, Trump referred the 58-year-old executive as " Tim Apple ". Or, as Trump called him, " Tim Apple ". We have to bring people in. There's Michael Dell, Adolph Coors, and Tim Apple . We want them to be people based on merit.

Economy Tesla promises to halve charging time with V3 Supercharging
Author: 0 Tesla promises to halve charging time with V3 Supercharging

Thanks to other improvements Tesla is also rolling out, including On-Route Battery Warmup, average charge times can be halved and the number of served customers doubled. When drivers navigate to a Supercharger, the vehicle will begin to warm the battery to an optimal level, thus resulting in less time spent charging. In parallel to the new V3 Superchargers, Tesla will be updating its existing network of V2 Superchargers to enable a peak charging rate of 145 kW.

Economy US President Donald Trump dealt blow as US trade deficit jumps
Author: 0 US President Donald Trump dealt blow as US trade deficit jumps

Not only did the trade deficit-which measures the gap between the total value of all imports versus the value of all exports-widen during 2018, America actually imported a record amount of goods past year, according to the Census data . Ironically, the administration's tax cuts may have actually helped to increase the trade deficit by juicing spending on overseas goods by consumers and companies.

Economy China's Huawei launches court challenge to U.S. security law
Author: 0 China's Huawei launches court challenge to U.S. security law

The action signals a more aggressive response from the company toward its US accusers, who have been trying to persuade other countries to ban Huawei gear from crucial fifth-generation communications networks. A Washington DC-based appeals court agreed late previous year with a lower court's rejection of Kaspersky's argument that the prohibition amounted to an unconstitutional bill of attainder because it addressed a national security vulnerability.

Economy Man linked to murdered Sydney dentist dead
Author: 0 Man linked to murdered Sydney dentist dead

Her family had made a Facebook page to help gather information to find her, reports The News Minute. Dr Reddy was first reported missing by her family on Sunday after she failed to come home from a dental convention at St Leonards. Her family didn't know if she attended the parade, where she stayed on Saturday night, where she was on Sunday morning, or what happened to her vehicle.

Author: 0 Former Trudeau Adviser Butts Testifies Before Commons Justice Committee

But, a spokeswoman for the company said Trudeau changed his schedule. "So, he is in that kinda mood and I wanted you to be aware of that". "I share these message so you can appreciate why I was so surprised to hear months later that the minister experienced that dinner as pressure".

Economy Former Nissan/Renault boss Carlos Ghosn granted bail!
Author: 0 Former Nissan/Renault boss Carlos Ghosn granted bail!

Former Nissan Chairman Carlos Ghosn says he is "innocent" and "grateful" for his family and friends who have stood by him "throughout this bad ordeal", after a Tokyo District Court approved his release on bail. "Beyond being sorry I feel great disappointment, frustration, despair, indignation and resentment", Saikawa said, apologizing profusely for the situation, which has raised serious questions about overall corporate governance at Nissan and drawn promises for improvements.

Economy Mystery victor claims massive $1.5bn Mega Millions in US
Author: 0 Mystery victor claims massive $1.5bn Mega Millions in US

The player made his own luck in an astonishing twist of fate which landed him the record-breaking prize on the US Quick Pick Mega Millions draw. "A simple act of kindness led to an wonderful outcome", reads the statement from lottery officials .

Economy Southwest Airlines tickets to Hawaii from St. Louis on sale
Author: 0 Southwest Airlines tickets to Hawaii from St. Louis on sale

The Dallas-based carrier will begin service to Hawaiʻi on March 17, 2019, with an inaugural flight from Oakland International Airport (OAK) to Daniel K. Southwest will begin interisland service between Honolulu and Kona on May 12. The site's low-fare calendar provides price availability. Fares for peak summer travel range from $189-$214 each way, according to USA Today .

Economy US, China Said Close to Trade Deal That May End US Tariffs
Author: 0 US, China Said Close to Trade Deal That May End US Tariffs

A senior administration official cautioned on Sunday that a decision had not yet been made over lifting the U.S tariffs. Some advisers argue that the tariffs should only be fully removed once China lives up to all of its pledges, which could take months or even years.

Economy US to end preferential trade status for India, Turkey
Author: 0 US to end preferential trade status for India, Turkey

India does not plan to impose retaliatory tariffs on US goods after US President Donald Trump said he intends to end India's preferential trade treatment +, a top trade official said on Tuesday. Ending India's participation would be Trump's strongest punitive action against New Delhi since he took office in 2017. The US intends to remove India and Turkey for its Generalised System of Preferences (GSP) programme as it argues they longer meet the criteria.

Economy Powerball results for 03/02/19; did anyone win the $356 million jackpot?
Author: 0 Powerball results for 03/02/19; did anyone win the $356 million jackpot?

Unless someone wins it soon, that will be the biggest lottery jackpot around for a while. Mega Millions tickets are sold in 46 participating jurisdictions. Anthony Adams fills out his numbers while waiting to purchase Powerball tickets in Manhattan on May 17, 2013 in New York City. A player wins the jackpot by matching all six winning numbers in a drawing.

Economy EU’s Barnier to meet UK Brexit negotiators on Tuesday
Author: 0 EU’s Barnier to meet UK Brexit negotiators on Tuesday

May insisted Wednesday that Britain will leave the European Union on schedule next month, amid signs that her promise to give Parliament a vote on delaying Brexit was boosting support for her unpopular EU divorce deal. The EU's chief Brexit negotiator Michel Barnier will meet Britain's negotiating team tomorrow, an EU spokesman said, as both sides seek a breakthrough in the Brexit backstop.

Economy Elon Musk to unveil new Tesla vehicle later this month
Author: 0 Elon Musk to unveil new Tesla vehicle later this month

He made the announcements on Sunday evening on Twitter . American consumers are increasingly shifting from sedans to SUVs, and the Model Y is the next offering in the company's product pipeline. It will also be 10% more expensive than the Model 3, reveals Musk. Details about the Model Y have been slowly leaking out for months now, but there's much that we still don't know about the vehicle.

Economy Huge Bets Being Made on Chinese Stock Market
Author: 0 Huge Bets Being Made on Chinese Stock Market

But China has moved to modernise and open up its markets, which MSCI cited as key factors in the latest decision. When MSCI Inc made a decision to expand the weighting of China equities in its benchmark indices, it also announced it would add ChiNext Index members for the first time, something MSCI said it would consider past year.

Economy Researchers at University of California use yeast to produce synthetic cannabinoids
Author: 0 Researchers at University of California use yeast to produce synthetic cannabinoids

The scientists behind this new, genetically-modified yeast say it could speed up production of these chemicals, theoretically advancing the pace of cannabinoid research and pharma development. "That's the beauty of the process", said Keasling. Surprisingly, Xiaozhou and Michael discovered that the enzymatic steps involved in making CBGA in yeast are flexible enough to accept a variety of starter chemicals-different fatty acids in place of the one used by the marijuana plant, hexanoic ...

Economy SpaceX launches spaceship created to carry astronauts
Author: 0 SpaceX launches spaceship created to carry astronauts

A SpaceX Falcon 9 rocket with the company's Crew Dragon spacecraft onboard is seen as it is rolled out of the horizontal integration facility at Launch Complex 39A as preparations continue for the Demo-1 mission at the Kennedy Space Center in Florida, February 28, 2019.

Economy U.S. Crude Stocks Plunge, Oil Rises 2%
Author: 0 U.S. Crude Stocks Plunge, Oil Rises 2%

However, concerns continue to be raised over rising US production, and a slowing global economy that could weigh on future demand. International Brent crude futures were at 65.65 dollars per barrel, up 44 cents, or 0.7 per cent from their last close.

Economy Amazon’s new plan to reduce waste: Deliver only once a week
Author: 0 Amazon’s new plan to reduce waste: Deliver only once a week

Those who select this option will have their items ordered throughout the week delivered on the one day that they choose. For customers, knowing what day a series of orders will arrive may prove more convenient as it means there need only be someone at home to receive a single delivery.

Economy Amazon reportedly plans to launch new grocery chain
Author: 0 Amazon reportedly plans to launch new grocery chain

The company is also weighing acquisitions to grow the new grocery store brand - a strategy that would entail purchasing regional chains operating about a dozen stores. Amazon's next act: a dual push in online grocery plus a wider brick-and-mortar fleet, Cowen's analysts wrote at the time. Amazon already has been experimenting with grocery stores, opening 10 Amazon Go stores in the a year ago that feature cashierless shopping where customers are electronically charged for whatever they take ...