Economy

Economy Couple kicked out of Uber for kissing
Author: 0 Couple kicked out of Uber for kissing

She thought he was joking, ' Iovine, an advertising technology consultant, said. Iovine filmed driver Ahmed Elbotari telling them, "It's illegal", "It's disrespectful", and "You're not allowed to do this", with Iovine and Pichl arguing with him to understand what they did wrong.

Economy Top 100 Cryptocurrencies Down Today Following CFTC Price Manipulation Probe
Author: 0 Top 100 Cryptocurrencies Down Today Following CFTC Price Manipulation Probe

Last year, when CME launched the bitcoin futures , it asked the exchanges for data to base the bitcoin price for futures trading . CME Group Inc's bitcoin futures launch six months ago likely spurred government regulators to take bitcoin more seriously as futures are government regulated and futures trading creates a bridge between the cryptocurrency and traditional finance markets.

Economy Toyota Plans Billion-Dollar Investment in Ride-Hailing Startup Grab
Author: 0 Toyota Plans Billion-Dollar Investment in Ride-Hailing Startup Grab

Last year, its trading arm, Toyota Tsusho Corp, injected an undisclosed amount in Grab, and the companies have worked together since August developing connected services. Grab now claims over 100 million downloads of its app across eight countries in Asia, including Singapore, Indonesia, Vietnam, Thailand and more. One Toyota executive will be appointed to Grab's board of directors and a dedicated Toyota team member will be seconded to Grab as an executive officer.

Economy Louboutin wins European Union court battle over trademark red soles
Author: 0 Louboutin wins European Union court battle over trademark red soles

In 2013, Van Haren was forced to cease production of the shoes in question when the Brussels Court of Appeal ruled in favor of Louboutin, finding that the red soles represented a distinctive marker for consumers. At issue was whether Louboutin's trademark should be considered a shape trademark or a position trademark - an important distinction as European trademark law does not protect signs consisting exclusively of the shape of a product.

Economy Trudeau's criticism will cost Canada 'a lot of money'
Author: 0 Trudeau's criticism will cost Canada 'a lot of money'

Trump said Trudeau's promise not to back down from USA tariffs is "going to cost a lot of money for the people of Canada ". Trudeau said the Liberal government looks forward to the details of the agreement that emerged from Monday's historic meeting between Trump and North Korean leader Kim Jong Un.

Economy German Regulator Found Defeat Devices In Daimler Diesel Cars
Author: 0 German Regulator Found Defeat Devices In Daimler Diesel Cars

In a statement issued on Monday, the German transport ministry said: 'The government will order 238,000 Daimler vehicles to be immediately recalled Germany-wide because of unauthorised defeat devices'. Daimler has already announced a voluntary recall of three million diesels to install a software fix meant to reduce emissions. It's now unclear how many models in the United Kingdom are impacted.

Economy Cryptocurrency Ethereum Classic Soars on Coinbase Listing Plan
Author: 0 Cryptocurrency Ethereum Classic Soars on Coinbase Listing Plan

Ethereum Classic will first be listed on Coinbase Markets , Coinbase Pro , and Prime, after which Coinbase may add support. With the upcoming listing, Ethereum Classic will become the fifth cryptocurrency listed on the platform after Bitcoin, Ethereum, Litecoin , and Bitcoin Cash.

Economy Peter Navarro Apologizes for 'Special Place in Hell' Comment - Cortney O'Brien
Author: 0 Peter Navarro Apologizes for 'Special Place in Hell' Comment - Cortney O'Brien

In a post-signing news conference and in an interview with ABC News, the president recounted how miffed he was to hear Trudeau's G7 wrap-up news conference, where the prime minister reiterated Canada's intention to impose counter-tariffs on US goods in retaliation for Trump's imposition of crippling tariffs on Canadian steel and aluminum.

Economy AT&T and Time Warner win legal battle, confirming the merger
Author: 0 AT&T and Time Warner win legal battle, confirming the merger

The media world has been holding their breath for weeks, awaiting the final decision from Judge Richard Leon as to whether or not he would allow for the two companies to merge in a deal valued at more than $80 billion. The government alleged that by owning Time Warner, AT&T would have too much leverage in negotiations with television distributors, which would hurt competitors, harm innovation and could lead to increased cable prices for consumers.

Economy Tesla to lay off 9% of workers as part of restructuring plan
Author: 0 Tesla to lay off 9% of workers as part of restructuring plan

Last month Mr Musk said the company was planning a wide-ranging reorganisation that would flatten its management structure. Toward the end of 2017, Tesla had around 37,000 employees. Tesla's workforce has grown at an incredible pace since the acquisition of SolarCity, which pushed Tesla's total headcount to over 30,000 employees.

Economy Uber, Lyft Want in on San Francisco's Electric Scooter Craze
Author: 0 Uber, Lyft Want in on San Francisco's Electric Scooter Craze

Under the city's guidelines, only five companies will be given permits to operate 500 scooters each within San Francisco . In that sense, this move makes sense for Uber as it works to become a transportation platform - and will put it right up against its archrival Lyft in a burgeoning new market.

Economy Amazon Echo factory workers were being paid 'less than half' living wage
Author: 0 Amazon Echo factory workers were being paid 'less than half' living wage

The factory, in the city of Hengyang, produces Amazon's Echo speakers and Kindle e-readers. It found workers putting in more overtime hours than permitted by Chinese labor law, which limits overtime to 36 hours per month. A 94-page report details poor working conditions barely two months after reports of strict rules restricting breaks at Amazon's United Kingdom fulfillment centers emerged.

Economy India seeks action against desecration of national flag
Author: 0 India seeks action against desecration of national flag

Media reports suggest that even absconding jeweller Nirav Modi, named in the Rs 13,000 crore fraud at Punjab National Bank (PNB) that came to light recently, is seeking political asylum in the UK. This figure is said to be just a part of the total losses. Indian police issued a warrant for the billionaire diamond trader's arrest. India's government is trying to reduce the crippling debts of the country's embattled state banks, including PNB.

Economy Domino’s Pizza wants to repave your city’s potholes
Author: 0 Domino’s Pizza wants to repave your city’s potholes

According to the press release, "Domino's has already worked alongside four municipalities to help fix roads that directly affect their customers, including Bartonville, Texas; Milford, Delaware; Athens, Georgia and Burbank, California". If selected , "the city will receive funds to help fix roads so pizzas make it home safely", the press release stated. It brands the fixed potholes with a Domino's logo and the tagline "Oh yes we did".

Economy Ex-ambassador stunned Trump sided with Kim against South Korea
Author: 0 Ex-ambassador stunned Trump sided with Kim against South Korea

China on Tuesday praised the summit between US President Donald Trump and North Korean leader Kim Jong Un as historic and called for "full denuclearisation" to resolve tensions on the Korean peninsula. The Pentagon was not immediately able to flesh out Trump's remarks about suspending drills, a move the US military has long resisted. "Plus, I think it's very provocative ".

Economy Twitter CEO apologizes for eating at Chick-fil-A
Author: 0 Twitter CEO apologizes for eating at Chick-fil-A

Dorsey's meal - and his subsequent regret - has now fueled a flurry of tweets defending the chain and its values. Dorsey was also attacked by Patreon engineer Erica Joy, who replied, "Please delete this or follow up with how much free advertising you're going to give GLAAD".

Economy Tesla software upgrade leads to full autonomy
Author: 0 Tesla software upgrade leads to full autonomy

The latest version of Tesla's "over-the-air" software - downloaded wirelessly to compatible vehicles - will be Tesla's first major update in nearly two years. Those include systems with driver-assist features as well as those that enable fully self-driving vehicles. Musk has previously said the software will "never be perfect" and is not created to replace human control of a vehicle.

Economy Plane diverted to Shannon Airport after 'bomb threat' message
Author: 0 Plane diverted to Shannon Airport after 'bomb threat' message

A United Airlines flight over the Atlantic has turned back and landed in Ireland because of what the airline called a "potential security concern". It's understood that 214 passengers and crew were on board at the time. They also confirmed that the plane and all the passengers are now being searched. Additional units of the fire service from Ennis were also mobilised to a holding point adjacent to the M18 motorway.

Author: 0 Robert DeNiro Says 'F**k Trump' Twice At Tony Awards

Winning all but one of the 11 categories it was nominated for, the musical also took the prizes for best featured actor, for Ar'iel Stachel, as well as best book by Itamar Moses, best director, orchestration, sound design and lighting. Best Performance by an Actress in a Leading Role in a Play: Glenda Jackson, "Three Tall Women". Laurie Metcalf won her second Tony, playing a younger version of Jackson's imperious character in "Three Tall Women".

Economy Oil Prices Diverge as Venezuelan Output Approaches Crisis Mode
Author: 0 Oil Prices Diverge as Venezuelan Output Approaches Crisis Mode

JP Morgan cut its 2018 crude forecast for WTI by $3 to $62.20 a barrel, traders said. "Non-OPEC supply is expected to rise sharply in 2019 led by U.S. Russian news agency Interfax said on Saturday that the country's production had surpassed its target, hitting 11.1 million bpd in early June. Despite Friday's decline, Brent remains more than 15 percent above its level at the start of the year.

Economy Trump meets Kim Jong Un in Singapore
Author: 0 Trump meets Kim Jong Un in Singapore

A Trump administration official, speaking on condition of anonymity, said the US side was entering the talks with a sense of optimism and an equal dose of skepticism given North Korea's long history of developing nuclear weapons. After a sudden and welcome turn to diplomacy following last year's threats, insults and fears of war - remember "fire and fury" and "dotard"? President Trump shakes hands with North Korea leader Kim Jong Un at the Capella resort on Sentosa Island in ...

Author: 0 5000 jobs at risk as Poundworld set to enter administration

Poundworld, which has a chain of 335 shops, filed a notice of intention to appoint an administrator last Thursday , giving it temporary protection from its creditors. Unfortunately, this has not been possible'. Deloitte said the company would continue to trade while a buyer for all or part of the business is sought.

Author: 0 Wendy's Serves Sass to IHOb Over Name Change

The change is not permanent, a company spokeswoman said, but rather is a move to promote its new burger line. Step aside, pancakes, there's a new focus of the menu at IHOP . "The vast majority of people were having fun with the name change and were trying to solve the riddle". "The big opportunity for the IHOb brand is to develop our lunch and dinner business".

Author: 0 Elon Musk's Boring Company flamethrowers are on Ebay for $20000

Musk said on Twitter in early February that the items were sold out after just five days of market availability, but fear not; for those willing to shell out a pretty penny there is still the option of copping one of the popular flamethrowers on e-commerce site eBay .

Economy Bitcoin price plunges after cryptocurrency exchange is hacked
Author: 0 Bitcoin price plunges after cryptocurrency exchange is hacked

The Wall Street Journal reported Friday that United States investigators were demanding several bitcoin exchanges hand over trading data as part of a probe into potential manipulation of futures markets . Again that date might not seem very long ago, but in the wildly fluctuating world of cryptocurrency values, it's significant. Korea Internet & Security Agency, now carrying out the investigation with police, said only four of the country's largest exchanges are subject to the ...

Economy Amazon expands Prime Whole Foods discount to Alabama
Author: 0 Amazon expands Prime Whole Foods discount to Alabama

Amazon first announced the deal earlier this month at stores in Florida, and expanded it to 12 more states in late May. All they have to do is open the Whole Foods mobile app, sign in with their Amazon account, then scan the barcode at checkout.

Economy White House Economic Adviser: Canada's Trudeau 'Stabbed Us In The Back'
Author: 0 White House Economic Adviser: Canada's Trudeau 'Stabbed Us In The Back'

US President Donald Trump has imposed a 25 per cent tariff on import of steel from Canada and another 15 per cent on aluminium using the " national security interest" provisions of the existing American laws. These are the kinds of things that are common challenges across our countries and around the world where anxiety about economic prospects of individuals and particularly of their kids leads to unpredictability and sometimes political uncertainty.

Economy US says North Korea talks moving quickly, Trump to leave early
Author: 0 US says North Korea talks moving quickly, Trump to leave early

Besides, Singapore's prime minister "wished Chairman Kim success for the US-DPRK Summit and expressed hope that the US-DPRK meeting will advance the prospects for peace and stability on the Korean Peninsula and the larger region". In a sign of lingering tensions, the North Koreans have been closely scrutinizing all American staffers who are slated to be in any U.S. Past nuclear deals have crumbled over North Korea's reluctance to open its doors to outsiders.

Economy Tony Awards 2018: How to Watch, Who’s Presenting and More!
Author: 0 Tony Awards 2018: How to Watch, Who’s Presenting and More!

And - in something of a surprise - Steppenwolf Theatre ensemble member and "Roseanne" star Laurie Metcalf capped off an extraordinary career renaissance by winning a Tony for best featured actress in a play for her illuminative work at the core of Joe Mantello's widely acclaimed revival of Edward Albee's " Three Tall Women ".

Economy Joppa group lands winning $50K Powerball ticket
Author: 0 Joppa group lands winning $50K Powerball ticket

He said was on his way to a carwash when he saw a 7-Eleven and stopped in to check his Powerball tickets. "I have to take care of them", Souami said. Souami, a father of two, said he made a decision to take the more than $183 million cash payout. Souami, a 53-year-old father of two added he plans to pay off his college loans, pay for his daughter to go to college next year and pay off his home.

Economy Fuel price reduction: Petrol is Rs 77.02/litre in Delhi, Rs 84.84
Author: 0 Fuel price reduction: Petrol is Rs 77.02/litre in Delhi, Rs 84.84

The petrol prices in Mumbai declined by 40 paise to ₹84.84 a litre, in Kolkata by 39 paise to ₹79.68 a litre and in Chennai by 0.42 paise to ₹79.95. Since no revision in diesel margins was made like the way petrol margins were revised based on the CPI, the OMCs claimed that they suffered a loss of Rs485 million from November 2017 to February 2018.