Money

Money Tesla Model 3 stripped of Consumer Reports recommendations
Author: 0 Tesla Model 3 stripped of Consumer Reports recommendations

On the other hand, using data from the same survey, the publication said last month the Model 3 had the highest driver satisfaction ratings of any vehicle, while the Model S took the fifth spot in the rankings. "All three Tesla models have below-average reliability, and we don't recommend any of them", said Jake Fisher, director of auto testing at the magazine published by the nonprofit group Consumers Union.

Money Payless Files for Bankruptcy, Winds Down North American Biz
Author: 0 Payless Files for Bankruptcy, Winds Down North American Biz

In Canada, locations are expected to start closing in March of 2019 with all 248 stores closing by May, 2019. Jeffords said the company expects most US stores to remain open through May. Founded in Topeka, Kan.in 1956, the company earlier this year announced it had filed for Chapter 11 protection in the US bankruptcy court and on Tuesday sought and obtained an initial order from the Ontario Superior Court of Justice under the Companies' Creditors Arrangement Act, which provided a stay of ...

Money US, China said to work on multiple memorandums for trade deal
Author: 0 US, China said to work on multiple memorandums for trade deal

It was unclear whether Liu would meet with U.S. President Donald Trump after the scheduled end of talks on Friday, as they did during Liu's last visit to Washington for talks in late January. China denies it engages in such practices. If a deal is not be in place by then, the tariffs issued in the past seven-month long trade war will return.

Money Alberta makes a move to get its oil to market
Author: 0 Alberta makes a move to get its oil to market

It says 4,400 leased railway cars will move up to 120,000 barrels of oil per day by 2020. "This is something that is fundamentally important to the return that all Albertans get for our energy resources", Notley said, while also dismissing suggestions that the oil-by-rail contracts should not have been signed so close to a provincial election.

Money As U.S. pushes to ban Huawei, UK considers softer approach
Author: 0 As U.S. pushes to ban Huawei, UK considers softer approach

It is not in any sensitive networks - including those of the government. Bloomberg has reported that the "nightmare scenario" for telephone companies would be if they have to remove Huawei equipment from their systems. USA officials believe that the technology could one day be used by Chinese intelligence for spying. "The number one pre-condition for safe 5G is better cyber security".

Money Asda and Sainsbury's merger could SELL OFF 'significant' number of stores
Author: 0 Asda and Sainsbury's merger could SELL OFF 'significant' number of stores

It would also give the world's biggest retailer Walmart a way to exit Britain, one of the weakest performers in its portfolio. The CMA said options to address concerns could include blocking the deal altogether, or forcing the chains to sell off a "significant" number of stores and assets, potentially including either the Sainsbury's or Asda brand.

Author: 0 Walmart hosting a Baby Savings Day

Walmart is having in-store events at stores all over the country this weekend specifically for babies! Most stores around Northern California will be participating in the event, including all five Walmart stores in Sacramento. Specials will be available on a number of popular baby items, including vehicle seats, strollers, diaper bags, and more. Stores in Joplin, Carthage, Neosho, Pittsburg, and Webb City, are participating.

Money Gatwick Airport drone attack 'was an inside job'
Author: 0 Gatwick Airport drone attack 'was an inside job'

Several passengers took to Twitter asking how their journey would be affected, however, Dublin airport confirmed just a short while later that all flights had since resumed. Police think a current or former airport employee was behind the incident on December 19 that grounded aircraft over three days, with 1,000 flights cancelled and 140,000 passengers affected.

Money Southwest Airlines faces
Author: 0 Southwest Airlines faces "operational emergency" with spike in out-of-service jets

Since Friday, the airline has declared a State of Operational Emergency at various maintenance stations to make sure mechanics scheduled to work come in so they can return planes to service as soon as possible. The most recent proposal by Southwest was to increase annual pay and include bonuses, which was rejected by the union workers. No such decleration was made in the days following the death of a Wells Fargo executive on a Southwest flight from Dallas to New York City in April 2018 as a ...

Money Walmart holiday-quarter sales jump, says consumers still spending
Author: 0 Walmart holiday-quarter sales jump, says consumers still spending

Walmart shares moved higher on Tuesday, closing up 2.2 percent, or $2.21, to $102.20. Commerce Department figures released last week showed US retail sales fell 1.2 per cent in December from the previous month, the most since 2009 - such a big drop that some analysts questioned if the data was undercounting online sales.

Money Supreme Court finds Anil Ambani guilty of contempt in Ericsson case
Author: 0 Supreme Court finds Anil Ambani guilty of contempt in Ericsson case

The undertaking that was given was false to the knowledge of the court and apart from affecting the administration of justice, it is also a breach of undertaking given to the Supreme Court. Ericsson had also requested the home ministry to issue directions to prevent Ambani, Reliance Telecom Ltd chairman Satish Seth and Reliance Infratel Ltd chairperson Chhaya Virani from leaving the country.

Money EuroMillions: 175m EuroMillions victor 'makes contact'
Author: 0 EuroMillions: 175m EuroMillions victor 'makes contact'

The winning numbers were 1, 8, 18, 19 and 39, while the lucky stars were 7 and 9. National Lottery chief executive Dermot Griffin said: "We are delighted the victor has made contact". She said: 'If you're the holder of this golden ticket, it's so important to keep it safe at all costs. "The shop that sells the winning EuroMillions ticket receives €25,000 so it's a nice pay-day for them too", Ms Donohoe told Today with Sean O'Rourke on RTÉ Radio 1.

Money Honda officially closes United Kingdom manufacturing operations
Author: 0 Honda officially closes United Kingdom manufacturing operations

One employee who has worked at the Honda factory in question for 24 years was interviewed on Tuesday morning, describing the entire Brexit situation as "idiocy of epic proportions". 'Working with Honda , Gov (led by the Business Secretary), staff and Unions there will be a taskforce set up to provide support for all staff (as we did when jobs were lost previously at Honda ).

Money Brexit: Theresa May heads back to Brussels for further talks
Author: 0 Brexit: Theresa May heads back to Brussels for further talks

May's spokesman said the prime minister was "working hard to secure legally binding changes" to the backstop - a controversial part of the withdrawal agreement she signed with European Union leaders at a summit in December. Chair of the organization, Judith Hackitt, is set to tell an audience, which includes Finance Minister Philip Hammond, that: "Some of our politicians have put selfish political ideology ahead of the national interest and people's livelihoods and left us facing the ...

Money Payless ShoeSource to start liquidation sales at stores
Author: 0 Payless ShoeSource to start liquidation sales at stores

Retailers including Shopko, FullBeauty Brands, Charlotte Russe, Things Remembered and Gymboree have filed for bankruptcy this year. Payless filed for Chapter 11 bankruptcy protection in April 2017. If the company follows through with the closure of its 2,300 stores, it would continue the trend of retail businesses in the USA struggling to keep up with the surge of e-commerce, causing them to close their doors.

Money European Union warns Donald Trump against auto tariffs, says retaliation would be 'swift'
Author: 0 European Union warns Donald Trump against auto tariffs, says retaliation would be 'swift'

German Chancellor Angela Merkel leaves the Reichstag housing the Bundestag (lower house of parliament) after a meeting with the leadership of her conservative Christian Democratic Union (CDU) party on 14 June 2018 in Berlin. As part of his "America First" agenda, US President Donald Trump has already imposed a range of tariffs against allies, as well as China. Known as a Section 232 investigation, its goal was to determine the effects of imports on national security and it had to be completed ...

Money Payless to close all U.S. stores
Author: 0 Payless to close all U.S. stores

Payless had four locations in Southern Maryland, including two in Waldorf, one in California and one in Prince Frederick. The Kansas-based discount shoe retailer previously filed for bankruptcy protection in 2017 when they closed 673 stores.

Money Moses Lake, Wenatchee-area Payless ShoeSource stores to shutter
Author: 0 Moses Lake, Wenatchee-area Payless ShoeSource stores to shutter

But "in the meantime, the company is preparing to run going-out-of-business sales at its shops in the next week", the source said. The chain has 20 stores in New Jersey. After decades of growth, the company - like many mall-dependent retailers - struggled to compete with online retailers. Payless Shoes filed for bankruptcy protection in 2017, and has already closed almost 700 stores.

Money Britain does not support total Huawei network ban
Author: 0 Britain does not support total Huawei network ban

The British government has reportedly concluded that any risks from the use of Huawei equipment in its 5G networks can be mitigated. The US government is trying to "fabricate an excuse for suppressing the legitimate development" of Chinese enterprises, said the spokesman for the Chinese foreign ministry, Geng Shuang.

Money RBS beats full-year profit expectations, warns of 'heightened' Brexit uncertainty
Author: 0 RBS beats full-year profit expectations, warns of 'heightened' Brexit uncertainty

However RBS chief executive Ross McEwan warned the bank faced a hard economic environment amid a "heightened level of uncertainty related to ongoing Brexit negotiations". RBS stock opened at $6.27 on Wednesday. "The volatile political situation is particularly keenly felt by the RBS share price because the Labour party has proposed breaking the bank up to create a number of local public banks".

Money Woman Removed From JetBlue Flight After Profanity-Laced Outburst
Author: 0 Woman Removed From JetBlue Flight After Profanity-Laced Outburst

As she was being escorted off the plane a Broward Sheriff's deputy, Gonzalez did not go quietly. Videos of the incident was captured by other passengers, one of which posted it to Twitter . I called someone old because they were", Gonzalez said. "I'll take my [expletives]". According to Metro , after the woman exited to the terminal, she tried to board the plane again.

Money Bill de Blasio: Amazon HQ debacle was 'abuse of corporate power'
Author: 0 Bill de Blasio: Amazon HQ debacle was 'abuse of corporate power'

Amazon had faced fierce opposition from local politicians, including Congresswoman Alexandria Ocasio-Cortez, who were furious over the almost $3 billion in tax incentives Amazon was promised. that could be a factor in goading officials to be more visible on this than they otherwise would have been", said Jarrett Murphy, executive editor of City Limits, a nonprofit investigative news site.

Money Rivian Brings in $700M in Amazon-Led Investment Round
Author: 0 Rivian Brings in $700M in Amazon-Led Investment Round

The company revealed its all-electric R1T pickup and R1S SUV at last November's LA Auto Show, prompting interest by GM and Amazon . He added that Rivian's CEO RJ Scaringe "has built an impressive organization, with a product portfolio and technology to match".

Money OpenAI Develops AI Technology So Clever that It’s unsafe
Author: 0 OpenAI Develops AI Technology So Clever that It’s unsafe

The danger in all of this is that AI is becoming frighteningly good at creating fake news and if the process is automated (which it can be) it might become rather hard to spot real from fake. In brief, it is called GPT-2 (blog here), and you only have to give it a few facts and let it do the rest. So, though the model can also be used for innocuous purposes, such as creating better dialog bots, the nonprofit has, at least for now, decided against releasing the training dataset or the full ...

Money Amazon Gets Itself Into A Very Fine Mesh With Eero Acquisition 02/12/2019
Author: 0 Amazon Gets Itself Into A Very Fine Mesh With Eero Acquisition 02/12/2019

The company officials did not disclose the terms of the acquisition. "We have a shared vision that the smart home experience can get even easier, and we're committed to continually innovating on behalf of customers". Eero's technology uses multiple access points that work together as a system to a blanket a home in high-performing, reliable, and simple home Wi-Fi.

Money Bill Gates Calls Out Ocasio-Cortez Tax Policy
Author: 0 Bill Gates Calls Out Ocasio-Cortez Tax Policy

The top marginal rate is now 37 percent. The proposed tax would shave 70% off any income above $10 million. Some of those ways include more progressive policies regarding not only the estate tax, but also the tax on capital, or reforming FICA and Social Security taxes.

Money Turbulence prompts emergency landing for Seattle-bound flight
Author: 0 Turbulence prompts emergency landing for Seattle-bound flight

According to witness Joe Justice, the turbulence was so strong it put the plane into a nosedive twice, flipping a snack cart through the aisle before pilots decided to make an emergency landing at Nevada's Reno-Tahoe airport. Customers were set to board an alternate flight to Seattle later in the day. The turbulence which the flight experienced may have been linked to a winter storm which has been affecting the Sierra Nevada region.