Economy

Economy Marketing firm accidentally exposes 340 million records online
Author: 0 Marketing firm accidentally exposes 340 million records online

On Wednesday, a security researcher named Vinny Troia said he stumbled on a massive database containing the detailed records of 340 million people -all of which was mistakenly made available online. He found the database by searching for ElasticSearch servers using the search tool Shodan . However, these data mining companies usually operate legally and their business model is supported by advertisers and then businesses themselves who get to target users more accurately.

Economy Northern Ireland customers understood to be hit by Ticketmaster data breach
Author: 0 Northern Ireland customers understood to be hit by Ticketmaster data breach

The customer information that may have been compromised includes names, addresses, email addresses, telephone numbers, payment details and Ticketmaster login details. Ticketmaster is recommending that customers monitor account statements for evidence of fraud or identity theft. Ticketmaster is advising its United Kingdom customers to check for fraudulent transactions after admitting the payment details of tens of thousands of users may be been compromised.

Economy A communication failure causes a brief scare at John F. Kennedy Airport
Author: 0 A communication failure causes a brief scare at John F. Kennedy Airport

Scared passengers tweeted from inside the aircraft: The FAA said it will investigate the incident. "My worst nightmare", Twitter user @Alexa_Curtis said. Later that evening, Lenis Rodrigues, a Port Authority spokesperson, confirmed the incident. Police officers inspected and cleared the plane of any security threat.

Economy EU to respond to any US auto tariff move
Author: 0 EU to respond to any US auto tariff move

Cigarettes, cranberries, cranberry juice, orange juice, sweetcorn and peanut butter are among the other products targetted. "We did not want to be in this position". The EU batted away Mr Trump's vow to hike tariffs on cars assembled in Brussels by warning him that if he went ahead with the levy, officials from the bloc would "react".

Economy ‘Instagram Lite’ in testing on Android w
Author: 0 ‘Instagram Lite’ in testing on Android w

Having said that, the Instagram Lite app is aimed at developing countries where users will be on older smartphones with less internal storage, poor network connectivity and others. Lite is geared around users in developing nations, where data is expensive and mobile coverage often patchy. You can discover your friend stories and all other stuff.

Economy Amazon Prime Delivery job: Amazon promises massive profits to startups
Author: 0 Amazon Prime Delivery job: Amazon promises massive profits to startups

Amazon is also setting aside $1 million to offer funding startup costs to military veterans, with $10,000 reimbursements for qualified candidates to build their businesses. Clark said that the new program will supplement Amazon's existing shipping setups, and that all its usual relationships with partners, including the USPS, will remain intact.

Economy Indian Rupee touches 19-month low against dirham
Author: 0 Indian Rupee touches 19-month low against dirham

The Argentine peso and Turkish lira are among the hardest hit, falling in recent weeks to all-time lows against the USA dollar. The USD/INR is now up 9.25% from January 8. Oil prices have been rallying for much of 2018 on tightening market conditions due to record demand and voluntary supply cuts led by the West Asian-dominated producer cartel of the Organization of the Petroleum Exporting Countries ( OPEC ).

Economy Bay Area Lists $117,400 As ‘Low Income’ for Affordable Housing
Author: 0 Bay Area Lists $117,400 As ‘Low Income’ for Affordable Housing

New figures from the US government show just how high the cost of living is in the Bay Area. For a household of four people living in the counties of San Francisco , San Mateo, or Marin, the department's recently released definition of low income limits is now set at $117,400-the highest in the nation.

Economy Massive Protests Break Out in Tehran
Author: 0 Massive Protests Break Out in Tehran

In the Grand Bazaar, hundreds staged a similar protest , videos posted on social media showed. However, those protests largely struck Iran's provinces as opposed to Tehran itself. A wave of demonstrations in December 2017-January 2018 rattled the regime and got worldwide media attention, but there have been few major disturbances reported in recent months.

Economy Global stocks mixed, GE surges in premarket trading
Author: 0 Global stocks mixed, GE surges in premarket trading

President Donald Trump has threatened to put tariffs on hundreds of billions of dollars in Chinese imports over complaints Beijing steals or pressures foreign companies to hand over technology and is also pressuring China to buy more USA -made goods.

Economy EU Commission says hopes Turkey will stay committed partner after vote
Author: 0 EU Commission says hopes Turkey will stay committed partner after vote

Voter turnout on Sunday was high at around 87 percent, according to state broadcast reports, as the divisive election gave transformative new powers for the victor. The former physics teacher, who led a robust campaign against Erdogan, called on him to end his divisive policies. He expressed concern that Turkey is "not going to be a society governed by institutions and rules".

Economy Trump Administration Opts for Softer Approach on Chinese Investment in U.S
Author: 0 Trump Administration Opts for Softer Approach on Chinese Investment in U.S

Each chamber has passed a version of the bill, which would expand on existing tools for the Committee on Foreign Investment in the United States (CFIUS). President Donald Trump opted instead to rely on legislation to enhance the powers of the committee known as the Committee on Foreign Investment in the United States or CFIUS, which reviews proposed acquisitions of USA assets by foreign investors.

Economy Trump warns Harley-Davidson: 'We won't forget'
Author: 0 Trump warns Harley-Davidson: 'We won't forget'

President Donald Trump is warning Harley-Davidson that "We won't forget" about its decision to shift some motorcycle production overseas. Trump has dismissed the notion that his tariffs are to blame for Harley-Davidson's decision and has accused the company of using the duties as a false pretense for moving production out of the U.S.

Economy Harley-Davidson moves European production out of U.S.
Author: 0 Harley-Davidson moves European production out of U.S.

The motorcycle company blamed European Union tariffs on USA goods in retaliation for the president's strict trade policy, but Trump voiced his doubts about that argument, saying Harley-Davidson is using the impending trade war as an "excuse".

Economy China defends its U.S. investment record
Author: 0 China defends its U.S. investment record

Some administration officials are concerned that restricting Chinese investments on the grounds of a supposed national economic emergency could rattle the USA stock market or trigger reprisals against US firms operating in China, they said.

Economy Oil prices rise on uncertainty over Libyan crude exports
Author: 0 Oil prices rise on uncertainty over Libyan crude exports

Prices initially jumped after an OPEC deal to increase output was announced late last week, as it was not seen boosting supply by as much as some had expected. Output curbs by the group and its allies since previous year helped eliminate a global glut and boosted Brent to $80 a barrel for the first time since 2014.

Economy U.S. tells allies to halt Iran oil imports by November
Author: 0 U.S. tells allies to halt Iran oil imports by November

The decision will test the United States' ability to pressure Iran unilaterally, with European countries which worked in unison with the Obama administration to cut shipments voicing strong opposition to the Trump administration's withdrawal from the 2015 nuclear deal.

Economy Treasury Secretary Steven Mnuchin dismisses reports of restrictions on Chinese tech investment
Author: 0 Treasury Secretary Steven Mnuchin dismisses reports of restrictions on Chinese tech investment

President Donald Trump this week is due to launch the next phase of his economic confrontation with Beijing , with new restrictions on Chinese investments to clamp down on access to sensitive American technologies. And let me agree that Chinese companies have been stealing U.S. companies' intellectual property and European farmers and other businesses have been afforded protection for cultural and political reasons, so there is an economic fairness reason behind the Trump method but with ...

Economy Harley, stung by tariffs, shifts some production overseas
Author: 0 Harley, stung by tariffs, shifts some production overseas

Their employees and customers are already very angry at them. Harley-Davidson, up against spiraling costs from tariffs , will begin to shift the production of motorcycles headed for Europe from the U.S.to factories overseas . The EU said that if the US retaliates, it's prepared to slap additional tariffs on 160 USA products worth roughly $4.3 billion. These European Union tariffs against specific USA products was meant as retaliation for Trump's imposition of tariffs against ...

Economy Is Turkey Still a Democracy? Erdogan Assumes New Powers
Author: 0 Is Turkey Still a Democracy? Erdogan Assumes New Powers

A very high turnout (87 percent) tipped the balance in favor of AKP loyalists, and Erdogan secured a clear first-round victory with 52.38 percent of the vote according to unofficial tallies. Putin told Erdogan that the results of the election were a testament to his political authority and the broad support for his leadership. "Turkey has departed from democratic values and Turkey has broken its ties with the parliamentary system which it had".

Economy Banks 'not prepared' for no-deal Brexit, EBA says
Author: 0 Banks 'not prepared' for no-deal Brexit, EBA says

His comments were echoed by the worldwide trade secretary, Liam Fox , who said the UK's negotiating position was being undermined by those urging the government to take "no deal" off the table. Chief executive Juergen Maier accused leading Brexiteers including Boris Johnson , Liam Fox and David Davis of using "incredibly unhelpful" sloganeering to suggest that Britain was not afraid of a no-deal Brexit.

Economy Trade war worries whack Wall Street and European markets. We're next!
Author: 0 Trade war worries whack Wall Street and European markets. We're next!

Proposed restrictions on foreign investment in U.S. technology would not just be confined to China, according to U.S. Treasury Secretary Steven Mnuchin. New export controls would make it more hard for USA firms to sell technology to China if Washington deems it to be "industrially significant". But trade policy advisor Navarro, the administration's harshest China critic, has advocated a far more confrontational approach with Beijing .

Economy Rising tariffs forces Harley-Davidson to shift some production overseas
Author: 0 Rising tariffs forces Harley-Davidson to shift some production overseas

Passing that on to dealers or customers would cause an "immediate and lasting detrimental impact" on the company's business in its second-largest market, so it'll bear the brunt of the expense. Harley said ramping up production overseas could take at least nine to 18 months. US President Donald Trump's tweeted his disappointment at Harvey-Davidson's decision which he characterised as the company waving the white flag of defeat.

Economy Trade Rift Within Trump Administration Sends Stocks on Wild Ride
Author: 0 Trade Rift Within Trump Administration Sends Stocks on Wild Ride

The paper , citing people familiar with the plans, also said that the U.S. will block more technology exports to China. The CBOE Volatility index, known as Wall Street's fear gauge, spiked to its highest level in almost a month. "The market is starting to price in that the tariffs will start to become real". "A trade war means lower global GDP". The bill would allow the Committee on Foreign Investment in the United States (CFIUS) to review transfers of minority interests in companies ...

Economy Trade war causes Harley-Davidson to move manufacturing out of US
Author: 0 Trade war causes Harley-Davidson to move manufacturing out of US

The European Union said it plans to increase duties on a range of us imports, including Harley-Davidson motorcycles, in retaliation for the Trump administration's new tariffs on EU metal exports. However, Harley-Davidson has warned consistently against tariffs , saying they would hurt sales. Correction: Harley-Davidson said it will be moving production to its worldwide factories , not necessarily to factories in Europe.

Economy Which Stock Worth Buying, Harley-Davidson, Inc. (HOG) or 3M Company (MMM)
Author: 0 Which Stock Worth Buying, Harley-Davidson, Inc. (HOG) or 3M Company (MMM)

Harley-Davidson posted earnings per share of $1.48 during the same quarter last year, which indicates a negative year over year growth rate of 8.1%. Harley-Davidson Inc has a 1 year low of $39.34 and a 1 year high of $56.95. NY now owns 187,609 shares of the company's stock worth $9,546,000 after acquiring an additional 1,491 shares in the last quarter. Norinchukin Bank The increased its holdings in shares of Harley-Davidson by 108.4% in the 4th quarter.

Economy Erdogan declares victory in Turkish polls as opposition cries foul
Author: 0 Erdogan declares victory in Turkish polls as opposition cries foul

The main rival of President Recep Tayyip Erdogan in a weekend presidential election said on Monday that he accepted results handing victory to the Turkish strongman in the first round. "According to these. I have been entrusted by the nation with the task and duties of the presidency", Erdogan said at his Istanbul residence. The head of Turkey's electoral commission said authorities had taken action following reports of irregularities at voting stations in southeastern Turkey.

Economy Harley-Davidson, blaming tariffs, will shift some manufacturing overseas
Author: 0 Harley-Davidson, blaming tariffs, will shift some manufacturing overseas

Besides its US plants, Harley-Davidson maintains manufacturing facilities in Australia, Brazil, India and Thailand, according to its website. The company said it will raise investment in its worldwide plants, but did not say which ones. It will instead absorb a significant amount of the cost in the near term. The full-year tariff bill could reach $100 million, the company said. Harley said ramping-up production at its overseas worldwide plants will require incremental investments and ...

Economy Harley-Davidson to shift some bike production outside US
Author: 0 Harley-Davidson to shift some bike production outside US

The price of motorcycles will not go up in response to the tariffs, the company said. To avoid passing on costs to its customers in Europe the company said it would relocate production of bikes bound for the European Union to "international facilities to avoid".

Economy Thousands of protesters call for 'People's Vote' on final Brexit deal
Author: 0 Thousands of protesters call for 'People's Vote' on final Brexit deal

Organisers of the march said Brexit was "no a done deal" and called on people with concerns about leaving the European Union "to make their voices heard". "But two years later, all we've got are broken promises, an economy that's already feeling the strain of Brexit and a government paralyzed by internal divisions", he said.

Economy Germany's Merkel says Syria must be more secure before refugees return
Author: 0 Germany's Merkel says Syria must be more secure before refugees return

With such reform elusive, Merkel is now pushing for bilateral, trilateral and multilateral deals. He ordered a freeze on applications by UNHCR for residency permits for its staff and threatened more measures against them. The worldwide view is that it would not be safe for them to return yet. Another from French President Emmanuel Macron is to establish closed camps inside Europe where migrants could await the outcome of their claims.