Economy

Economy Man Awarded $80 Million in Roundup Lawsuit
Author: 0 Man Awarded $80 Million in Roundup Lawsuit

Monsanto will pay the Sonoma County resident $ 75 million in punitive damages and an additional $5.2 million in compensatory damages. He was diagnosed with non-Hodgkin's lymphoma, which is a cancer that starts in the lymphatic system, in 2015.

Economy Heathrow Terminal 5 Named the
Author: 0 Heathrow Terminal 5 Named the "World's Best Terminal"

In fact, the late, great Anthony Bourdain told theNew York Times in 2017 that "probably Changi Airport in Singapore has the best food". " At Changi , we are fortunate to have a large community of immensely dedicated and passionate airport workers who strive to deliver the best experiences to our passengers every single day", said Mr Lee Seow Hiang, Chief Executive Officer of CAG.

Economy Google removes Living Hope Ministries 'gay conversion therapy' app
Author: 0 Google removes Living Hope Ministries 'gay conversion therapy' app

Google has removed an app, named Living Hope Ministries, that encouraged LGBTQ people to seek conversion therapy. After recently earning a flawless score on HRC's Corporate Equality Index (CEI ), which measures LGBTQ inclusion in the workplace, Google had its rating withheld until the app was deleted.

Economy Lyft Prices Shares At $72, Gets Valued At $24 Billion Before IPO
Author: 0 Lyft Prices Shares At $72, Gets Valued At $24 Billion Before IPO

Lyft was valued at $US24.3 billion ($34.3 billion) in the first initial public offering ( IPO ) of a ride-hailing startup, raising more than it had set off to do amid strong investor demand. Currently, Lyft operates in more than 300 US cities across the country and 9 cities throughout Canada, while Uber operates in about 785 metropolitan areas worldwide.

Economy Geely takes 50% stake in Smart from Daimler
Author: 0 Geely takes 50% stake in Smart from Daimler

The Smart vehicle will then leave its historic home in France to be manufactured in China, but Daimler insists no jobs will be lost. The statement furthermore revealed the Smart product portfolio would expand into the B-segment. BMW recently said it would make its Mini in China, where production costs are low and demand is rising for EVs. This brand has a unique appeal and strong commercial value.

Economy McDonald's to Personalize Drive Thru Menus Using AI
Author: 0 McDonald's to Personalize Drive Thru Menus Using AI

McDonald's will eventually work the technology into all digital customer experience touchpoints, including its app and self-order kiosks, though no timeframe was provided. McDonald's will become sole owner of Dynamic Yield upon closing of the deal. Last year, the company tested the drive-thru technology in some of its US restaurants.

Economy US Economic Growth Rate Revised Downward
Author: 0 US Economic Growth Rate Revised Downward

The U.S. economic growth in the fourth quarter of 2018 was revised down to an annual rate of 2.2 percent, from the previously reported 2.6 percent, the U.S. The downward revision was in line with expectations. Government spending was revised to a 0.4% annualized drop from an initial reading that showed a 0.4% gain.

Economy Queen of Surrey stuck after hitting Stormaway dock
Author: 0 Queen of Surrey stuck after hitting Stormaway dock

Brittny Adams told Coast Reporter they heard about the incident while on the Earls Cove ferry earlier, but made a decision to wait it out at Langdale. Float plane companies Harbour Air and Sunshine Coast Air also added extra flights from Sechelt to Vancouver. Nearly 300 B.C. Ferries passengers spent an unwanted day on a ferry Tuesday after the Queen of Surrey smashed into a dock at the Langdale terminal.

Economy Sports Direct considers offer for Debenhams
Author: 0 Sports Direct considers offer for Debenhams

But Debenhams has dismissed Mr Ashley's alternative proposals, arguing that they do not address the company's funding and restructuring requirements, and adding that the tycoon's appointment as chief executive would be a conflict of interest given his ownership of House of Fraser.

Economy Turkey rejects USA pressure over Russian S-400 missile deal
Author: 0 Turkey rejects USA pressure over Russian S-400 missile deal

Erdogan's party risks losing control of the capital, Ankara , in the March 31 vote as Turkey's economic downturn, marked by double-digit price inflation, begins to bite. Turkish Foreign Minister Mevlut Cavusoglu in December said Ankara plays a significant role in the production of the trillion-dollar jet and therefore removing it from the programme would not be easy.

Economy Trade deficit shrinks to $4.2B in January, StatCan says
Author: 0 Trade deficit shrinks to $4.2B in January, StatCan says

The merchandise-trade gap with China - the target of President Donald Trump's trade war - shrank to US$33.2 billion as imports from the nation dropped 12.3 per cent. Exports of other crop products sank 25.4 percent, as soybean shipments to China slipped after a record year in 2018. Exports of goods increased $1.8 billion to $137.4 billion in January.

Economy Ericsson says no bounty from Huawei 5G security worries
Author: 0 Ericsson says no bounty from Huawei 5G security worries

The EC's recommendations include requiring each member state to complete a national risk assessment of 5G network infrastructures by the end of June and then update their security requirements for network providers. This has led to Huawei filing a lawsuit against the United States government. For its part, U.S. Secretary of State Mike Pompeo warned in February that the United States might scale back certain operations in Europe and elsewhere if countries continue to do business with Huawei.

Economy Huawei poses national security risks, says United Kingdom watchdog
Author: 0 Huawei poses national security risks, says United Kingdom watchdog

The government-led board overseeing vetting of Huawei technology produced their scathing assessment of security risks posed by the Chinese telecoms company. The issue of the New Zealand government's draft refusal to allow Huawei equipment into the New Zealand 5G network is likely to arise as Huawei has become a bellwether issue in US-China trade and intellectual property tensions.

Economy Grindr 'up for sale on security grounds'
Author: 0 Grindr 'up for sale on security grounds'

Citing two sources familiar with the matter, Reuters reported that the Committee on Foreign Investment in the United States (CFIUS), which is led by the U.S. The development represents a rare, high-profile example of CFIUS undoing an acquisition that has already been completed. Though CFIUS has not responded to request for comment, Grindr has been under scrutiny for some time now.

Economy Apple announce Apple Card, and I kind of want one
Author: 0 Apple announce Apple Card, and I kind of want one

If you are unable to find someone willing to allow you to use their US credit card , there is one more workaround. "Because this card is so integrated with Apple Pay , you need to be an iPhone user to maximize your benefits". "However, what's mentioned is that tech magazines did run ads for the 'Apple Business Credit Card" and a consumer credit card, both with each worth $2500 in instant credit.

Economy Lyft IPO sets rollout for ride-hailing, sharing economy
Author: 0 Lyft IPO sets rollout for ride-hailing, sharing economy

The company was previously valued at $15 billion following its last private funding round in 2018. Morningstar, traditionally a more conservative sell-side firm, has the highest target yet for Lyft's yet-to-trade stock but says the company's economic moat may be smaller than investors may want.

Economy WOW Air ceases trading, putting the travel plans of thousands in jeopardy
Author: 0 WOW Air ceases trading, putting the travel plans of thousands in jeopardy

WOW, which focused on low-priced travel across the Atlantic, advised stranded travellers to seek flights with other airlines . The airline , a small carrier that specialized in ultra-cheap travel between the United States and Europe, told passengers there would be no further flights and advised them to check with other airlines for ways to reach their destinations.

Economy Crude oil futures drop 0.6% on global cues
Author: 0 Crude oil futures drop 0.6% on global cues

USA crude futures settled at $59.41 a barrel, falling 53 cents or 0.9 percent. WTI is facing a wall of resistance at $59.63 to $60.39 and Brent's resistance zone at $67.90 to $68.45. Manufacturing data from Asia, Europe and North America is pointing to a sharp economic slowdown. However, the markets may not go anywhere over the near-term until a deal is reached on U.S.

Economy Climate change: Energy-linked Carbon dioxide emissions hit record high in 2018
Author: 0 Climate change: Energy-linked Carbon dioxide emissions hit record high in 2018

Rising energy demand in the USA was partially caused by the impact of weather conditions, the IEA explained, as extreme temperatures made cooling and heating systems more important for Americans. The report provides further evidence that the world's two biggest emitters, the United States and China, are choosing to switch from coal to natural gas , not coal to renewables.

Economy McDonald's $300m tech deal is its largest in 20 years
Author: 0 McDonald's $300m tech deal is its largest in 20 years

Decision technology could mark a big leap in personalising customer experience. McDonald's started testing the technology in several US locations last year, and plans to expand its use for drive-thru menus across the USA this year and then internationally.

Economy 14 things more likely to happen than winning the Powerball jackpot
Author: 0 14 things more likely to happen than winning the Powerball jackpot

There's a better chance of winning an Oscar, being killed by a falling coconut, or being elected president of the United States than winning Wednesday night's lottery. The odds of a $2 ticket hitting the jackpot are more than 292 million to one. The $1 million-winning tickets were sold in Florida, Illinois, North Carolina, North Dakota, New Hampshire, New York and SC.

Economy Apple has mixed outing in US ITC hearings over Qualcomm's patents
Author: 0 Apple has mixed outing in US ITC hearings over Qualcomm's patents

However, in another, final decision , the full ITC rejected calls for a ban and ruled in favour of Apple. Apple denies infringing the patents and claims Qualcomm is trying to shut its only USA -based competitor out of the market, which the Cupertino, California-based company argues will hinder the development of the fifth-generation of mobile communications.

Economy Culprit For All
Author: 0 Culprit For All "Yield Curve Inversion"

US economic growth could be "pretty weak" in the first quarter but will likely much closer to 2-2.5 percent for the rest of the year, but a central bank pause is the responsible thing to do, Fed Bank of Boston president and CEO Eric Rosengren said at a conference in Hong Kong.

Economy Henry Avocado recalls whole avocados
Author: 0 Henry Avocado recalls whole avocados

The conventional avocados recalled have a sticker with the word "Bravocado" while the organic avocados have a sticker with the words "organic" and "California". While there have not been any reported illnesses as of yet, it's better to be safe than suffer through the symptoms of listeria infection-which include high fever, severe headache, stiffness, nausea, abdominal pain, and diarrhea.

Economy Uber to buy Careem for $3.1 billion
Author: 0 Uber to buy Careem for $3.1 billion

Dubai-based Careem has about 30 million registered users and operates in North Africa, the Middle East and South Asia. Careem will carry on as a brand and will, for the most part, continue to operate itself under the thumb of a newly appointed board of directors to whom Careem founder and current CEO, Mudassir Sheikha, will report to.

Economy Henry Avocado Recalls Whole Avocados Because of Possible Health Risk
Author: 0 Henry Avocado Recalls Whole Avocados Because of Possible Health Risk

The recall affects Arizona, California , Florida , New Hampshire, North Carolina, and Wisconsin. The Food and Drugs Administration said that there are no reported illnesses associated with the recall. However, if you happen to live in one of six states where California-based Henry Avocado Corporation ships its veggies you'll want to look very closely at where your avocados originated, or risk a nasty bacterial infection.

Economy Xi, Macron agree to forge more solid, stable, vibrant China-France partnership
Author: 0 Xi, Macron agree to forge more solid, stable, vibrant China-France partnership

Airbus has today announced an order agreement for 290 A320 family and 10 A350 aircraft with Chinese airlines. Speaking ahead of a EU-China summit in Brussels on April 9, he also called for a more balanced relationship. Italy's participation comes despite misgivings over the huge venture by other European nations wary of China's growing influence. Most of the investment projects of the Belt and Road initiative have reportedly benefitted China's state-owned corporations.

Economy Tesla's referral program is back, now with even more fantastic rewards
Author: 0 Tesla's referral program is back, now with even more fantastic rewards

The lawyers spoke on behalf of Musk's tweet which he had written back on February 19, 2019. "The court can discharge its order to show cause on these grounds alone". "The key question is whether Musk complied with Tesla's policy, not whether the SEC is satisfied with Tesla's policy", Musk's lawyers wrote. According to Musk, the SEC initially sought to have all Tesla-related tweets pre-approved, but Musk insisted that only tweets that were material-or likely to be so-should be subject to ...

Economy Apple introduces Apple Card, a virtual credit card for Apple Pay users
Author: 0 Apple introduces Apple Card, a virtual credit card for Apple Pay users

The credit card had relatively little advance publicity but could have a big impact on online banking. No late fees, worldwide payment fees, annual fees, or over-limit fees. To help customers make informed choices, Apple Card shows a range of payment options and calculates the interest cost on different payment amounts in real time.

Economy Memes, Denial Flood Social Media Following Release of Summary Mueller Report
Author: 0 Memes, Denial Flood Social Media Following Release of Summary Mueller Report

Trump's "no collusion" assertion now appears to have been confirmed by the special counsel, and it's a message that Trump and congressional Republicans are sure to use to bludgeon Democrats heading into the 2020 campaign season. On Sunday, Attorney General William Barr told Congress Mueller did not find evidence that Trump's campaign "conspired or coordinated" with Russian Federation during the 2016 election.

Economy Digital scrapbooking site Pinterest files for IPO
Author: 0 Digital scrapbooking site Pinterest files for IPO

Pinterest Inc, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering with US regulators on Friday, looking to tap into a red-hot market for new stock offerings.

Economy Chairman Naresh Goyal steps down from Jet Airways board
Author: 0 Chairman Naresh Goyal steps down from Jet Airways board

The statement said that the lenders of the airline, led by the State Bank of India, will constitute an interim management at Jet Airways, which will monitor the daily cash flow and operations of the airline at the instruction of lenders. Jet Airways has posted losses of over Rs 1,000 crore for three consecutive quarters since March 2018. The government has indicated its resolve to save the airline and has, in fact, kicked off a process to bring in new investors.

Economy Jet Airways Suspends Operations to 13 International Routes Till April 30
Author: 0 Jet Airways Suspends Operations to 13 International Routes Till April 30

The reason for this situation is that Etihad Airways (EY/ETD), once a major Jet Airways backer, made a decision to cut its investment in Jet Airways as Etihad has dealt with losses of its own. After defaulting on interest payments and delaying salaries to pilots, with Jet Airways now flying just about a third of its fleet following the recent grounding of many aircraft, the full service carrier is currently in a near standstill situation.