Trump ‘not thrilled’ with Fed chairman over interest rate hikes

The staff gave a presentation on the lower boundary on interest rates and alternative policy tools. He said during an interview Monday that other countries get help from their central banks during trade disputes with the U.S. Less than a year lat... More..

by | Published 29 days ago
by | Wednesday, August 22, 2018

Trump's Fed attack sees dollar dive and stocks struggle

Asked on Monday if he believed in the Fed's independence, Trump said: "I believe in the Fed doing what's good for the country." Next time he mutters veiled threats against the Fed, some real turbulence could e...More..

Tesla's Musk says stress, overwork taking heavy toll
by | Tuesday, August 21, 2018

Tesla's Musk says stress, overwork taking heavy toll

Lawyers have warned that his tweet may have broken 14e-8 of the Securities Exchange Act of 1934, which prohibits publicly traded companies from announcing plans to buy or sell securities if executives don't...More..

Airport Forced to Use Whiteboard to Prevent Total Travel Mayhem
by | Tuesday, August 21, 2018

Airport Forced to Use Whiteboard to Prevent Total Travel Mayhem

Ayla Herbert, 26, from Penryn, Cornwall, was at the airport for a Flybe flight to Newquay when she encountered a crowd gathered around two whiteboards after passing through security. The airport set up whiteb...More..

PepsiCo is buying SodaStream for $3.2 billion
by | Tuesday, August 21, 2018

PepsiCo is buying SodaStream for $3.2 billion

Sales grew 80% during her 12-year tenure. "That focus is well-aligned with Performance with goal, our philosophy of making more nutritious products while limiting our environmental footprint", said PepsiCo Ch...More..

Weed-killing chemical found in popular breakfast foods
by | Sunday, August 19, 2018

Weed-killing chemical found in popular breakfast foods

But for the average person who uses it occasionally for yard work, are Roundup and other weed killers still safe to use ? They found glyphosate, the active ingredient in the Monsanto weed-killer RoundUp, in ...More..

Google employees protest secret work on censored search engine for China
by | Sunday, August 19, 2018

Google employees protest secret work on censored search engine for China

Employees have asked Google to create an ethics review group with rank-and-file workers, appoint ombudspeople to provide independent review and internally publish assessments of projects that raise substantial ...More..

Turkey court rejects release of United States pastor
by | Saturday, August 18, 2018

Turkey court rejects release of United States pastor

Andrew Brunson , an evangelical pastor from Black Mountain, N.C., shown in Izmir, Turkey , on July 25. His case now lies at the heart of a diplomatic crisis between Turkey and the United States that has prompt...More..

Turkey has more to ‘lose’ in Apple boycott
by | Friday, August 17, 2018

Turkey has more to ‘lose’ in Apple boycott

Brunson is now on trial and held on house arrest, with few indications that Turkish officials intend to comply with the demands - despite US sanctions that were leveled against them two weeks ago. One Turki...More..

White House says Turkish sanctions ‘regrettable’
by | Thursday, August 16, 2018

White House says Turkish sanctions ‘regrettable’

On Monday, the Turkish currency hit a record low of 7.24 against the United States dollar in Asia Pacific trading. Another tweet user named Melike wrote: "Buy Turkish lira instead of the dollar and drink Tu...More..

Turkey’s president wants to boycott American electronics. Good luck with that
by | Wednesday, August 15, 2018

Turkey’s president wants to boycott American electronics. Good luck with that

Behind the scenes, however, diplomats resumed contact to ease tensions. On Tuesday, Turkey's President called for a boycott of U.S. electronics and named the iPhone as one product local residents should shun. A...More..

Elon Musk taunts investors betting against Tesla
by | Wednesday, August 15, 2018

Elon Musk taunts investors betting against Tesla

Tesla's Board of Directors has now indicated that it will meet with financial advisors during the week of August 13 to come up with a formal process to evaluate Musk's proposal to take the company private by...More..

Cal Fire: Utah Firefighter Dies Battling Ranch Fire
by | Wednesday, August 15, 2018

Cal Fire: Utah Firefighter Dies Battling Ranch Fire

Five civilians were killed in the Carr Fire as well, including a worker for Pacific Gas & Electric. About 3,900 firefighters, including a crew of 40 volunteers from New Zealand, had been battling the fire...More..

Tesla forms panel to gauge taking company private
by | Wednesday, August 15, 2018

Tesla forms panel to gauge taking company private

The board had confirmed earlier this month that it had "met several times over the last week" to discuss going private. "His suit states that "the fraudulent nature of Musk's statements was uncovered over...More..

Stolen Alaska Airlines plane crashes after unauthorized takeoff from Seattle-Tacoma airport
by | Tuesday, August 14, 2018

Stolen Alaska Airlines plane crashes after unauthorized takeoff from Seattle-Tacoma airport

Video taken by a bystander showed the passenger plane making an unlikely upside-down loop, then flying low over Puget Sound before crashing into the sparsely populated Ketron Island in the north-western U.S. ...More..

Fall of the Turkish Lira raises concerns for emerging markets
by | Tuesday, August 14, 2018

Fall of the Turkish Lira raises concerns for emerging markets

Turkey's currency plunged Friday - accelerated by a hostile tweet from President Donald Trump - causing financial markets to tremble and showing that the country is as much a risk to the world economy as it is ...More..

US Stock futures flat as trade fears counter strong earningsNaija247news
by | Monday, August 13, 2018

US Stock futures flat as trade fears counter strong earningsNaija247news

Riley FBR in NY. Walt Disney fell 1.2 percent and was the biggest decliner on the bluechip Dow after its quarterly profit missed estimates. You worry about the effects on Europe. Shares in trade-sensitive com...More..

'Creativity, quality, integrity': Local breweries reject buck-a-beer
by | Friday, August 10, 2018

'Creativity, quality, integrity': Local breweries reject buck-a-beer

The last time Ontarians could be sold beer for $1 a can or a bottle was a decade ago, a minimum price the former Liberal government boosted to $1.25. It appears a 25 cent reduction in the price of a beer wi...More..

New York City has hit Uber with a cap on new cars
by | Thursday, August 09, 2018

New York City has hit Uber with a cap on new cars

The insider was unsure of the exact nature of these last-minute amendments, but another source suggested that a final draft of the bill might allow now licensed Uber and Lyft cars to be rented to other drivers,...More..

Elon Musk’s Tesla stock boost may lower financial pressures for the carmaker
by | Thursday, August 09, 2018

Elon Musk’s Tesla stock boost may lower financial pressures for the carmaker

In his first tweet he said funding was secured but provided no details. Tesla's board, a nine-member group that includes Musk's younger brother Kimbal, issued a belated statement Wednesday morning say...More..

Tesla boss Musk considering taking firm private
by | Wednesday, August 08, 2018

Tesla boss Musk considering taking firm private

Trading of Tesla sharesresumed after the company published the statement and the stock closed at $379.57, up almost 11 percent for the day. If the company were to go private, Musk said neither he, nor any c...More..

by | Wednesday, August 08, 2018

Elon Musk considers a private Tesla in tweet, shares jump

The furor over Musk's tweets has led to a halt on $ TSLA trading. Mr Musk has been under intense pressure this year to prove he can deliver on his promise to turn his money-losing company into a profitab...More..

Iran says USA ‘isolated’ as it braces for return of sanctions
by | Tuesday, August 07, 2018

Iran says USA ‘isolated’ as it braces for return of sanctions

USA officials said on August 2 that the United States believed Iran had started carrying out naval exercises in the Gulf, apparently moving up the timing of annual drills amid heightened tensions with Washingto...More..

Healthcare added 34% fewer jobs in July
by | Sunday, August 05, 2018

Healthcare added 34% fewer jobs in July

Last week, the commerce department reported that GDP had grown at an annual rate of 4.1% in the second quarter, the fastest pace in almost four years. Gapen said he's optimistic that wage gains will pick up, ...More..

China rejects United States demand to reduce Iran oil imports
by | Sunday, August 05, 2018

China rejects United States demand to reduce Iran oil imports

In Washington , the US State Department tweeted on its Persian-language account: "While it is ultimately up to the #people_of_Iran to determine their country's path, #America supports the voice of the Iran...More..