Money

Money Singapore summit: Kim's running bodyguards back in action
Author: 0 Singapore summit: Kim's running bodyguards back in action

North Korean leader Kim Jong Un arrived Sunday in Singapore ahead of one of the most unusual summits in recent world history, a sit-down Tuesday with President Donald Trump . The Singaporean delegation also surprised the U.S. leader with a birthday cake. North Korea had also threatened to strike Guam, an American territory in the Pacific Ocean.

Money Patterson to step down as BT Group CEO later in 2018
Author: 0 Patterson to step down as BT Group CEO later in 2018

BT shares plummeted after it was announced, and are now trading near a six-year low. "The broader reaction to our recent results announcement has. demonstrated to Gavin and me that there is a need for a change of leadership to deliver this strategy", he said.

Money New Jersey accountant wins $315 million Powerball jackpot
Author: 0 New Jersey accountant wins $315 million Powerball jackpot

The next day, Souami found out he'd won in a dramatic fashion. He has two children. But on the way to the carwash, he stepped into a 7-Eleven convenience store to check the tickets. Lottery officials say the New Jersey resident holds the lone winning ticket for the May 19 drawing. "Oh, my God.' It's like when you see a 'Tom and Jerry" cartoon: "The heart goes boom boom boom boom".

Money 'It's him! Trump!' Kim and 'Ultimate Donald' impersonators turn heads in Singapore
Author: 0 'It's him! Trump!' Kim and 'Ultimate Donald' impersonators turn heads in Singapore

For Richard Armitage, a former senior diplomat in the George W. Bush administration, Tokyo runs a very real risk of finding itself out in the cold after the Trump-Kim talks. During the meeting, Mr Lee and Mr Kim discussed Singapore-North Korea relations, as well as developments in the North and the region. Trump's efforts to make peace with a country that is still technically at war with the United States received backing from his fellow G7 members in a joint statement issued after the U.S.

Money 'Surprise' Verizon CEO Appointment Speaks to Fiber Focus
Author: 0 'Surprise' Verizon CEO Appointment Speaks to Fiber Focus

Verizon CEO Lowell McAdam plans to retire from the company at the end of this year, and his successor will be Hans Vestberg, whose titles now include CTO, executive vice president, and president of global networks. "As Lowell approached the retirement age it seemed less and less likely that he was willing to take on a large acquisition as he was about to exit the company", said Walt Piecyk, an analyst with BTIG LLC.

Money KFC to Test New Vegetarian 'Fried Chicken' With Original Herbs, Spices
Author: 0 KFC to Test New Vegetarian 'Fried Chicken' With Original Herbs, Spices

That said , KFC's vegetarian offering is unlikely to come to the United States anytime soon, with KFC's US team telling Foodbeast there are "no plans related to the U.K.'s test at this time". KFC plans to introduce a faux meat alternative to its original chicken recipe in its aim to provide options to people with changing dining habits. Restaurant consultant Aaron Allen told USA Today more restaurant companies would release vegetarian options.

Money Say Goodbye To IHOP & Hello To IHOB, Whatever That Is
Author: 0 Say Goodbye To IHOP & Hello To IHOB, Whatever That Is

Across the Middle East, Pepsi is known as "Bebsi". IHOP will release more on Monday. It's still to be determined whether IHOP is actually aware of the connection. That one seems like a stretch. The change could be prompted after Dine Brands Global, the parent company of IHOP, announced in late February that it would close 30 to 40 IHOP restaurants to acquire and grow small chains that offer healthy food.

Author: 0 US backs out of G7 communique

In a statement issued following Mr Trump's tweets , Mr Trudeau said he remained focus on what was accomplished at the G7 summit. Trump gave "a long, frank rant", the official said, repeating a position he carried through the 2016 US election campaign into the White House that the United States had suffered at the hands of its trading partners, with French President Emmanuel Macron pushing back on the assertion and Japanese Prime Minister Shinzo Abe chiming in.

Money Google says its A.I. won't be used for weapons, surveillance
Author: 0 Google says its A.I. won't be used for weapons, surveillance

Google will avoid the use of any technologies "that cause or are likely to cause overall harm", Pichai wrote . Google's principles say it will not pursue AI applications meant to cause physical injury, that tie into surveillance "violating internationally accepted norms of human rights", or that present greater "material risk of harm" than countervailing benefits.

Money Porsche Mission E Renamed Taycan, Electric Car to Launch in 2019
Author: 0 Porsche Mission E Renamed Taycan, Electric Car to Launch in 2019

Porsche has been using the Mission E codename quite publicly for a couple years now, since the concept's first debut at the Frankfurt Motor Show in 2015. Now, sit back and watch as the Porsche fanatics debate the new name. Pronounced "tie-kahn", Porsche says the name roughly translates as " lively young horse ", as in the one on Porsche's crest, a crest that's remained unchanged since 1952.

Money Trump Says He’ll Know Outcome of North Korea Summit After One Minute
Author: 0 Trump Says He’ll Know Outcome of North Korea Summit After One Minute

At worst, the summit will be merely a photo opportunity, exploited by North Korea to heighten the legitimacy of a nation state that is isolated, impoverished and shut out of all major global institutions. Trump and Kim plan to meet in Singapore on Tuesday. "He can take that, with this nation of great people and truly make it great". Getting a legally binding peace treaty is unlikely in Singapore because "you have to disentangle a lot of United Nations security issues, Security ...

Money Crude Oil Standstill Near Two-month Low - Quick Trade Plan
Author: 0 Crude Oil Standstill Near Two-month Low - Quick Trade Plan

He told Reuters that he does not believe OPEC will allow the increased production, and warned that oil prices would rise as a result of the Trump administration's sanctions on Iran and Venezuela . OPEC will meet in Vienna on June 22 to decide whether the group and non-OPEC producers, including Russian Federation, should raise output to make up for any supply shortfall from Iran and Venezuela .

Money Trump Says North Korea Summit is 'One-Time Shot' for Kim
Author: 0 Trump Says North Korea Summit is 'One-Time Shot' for Kim

But he found the North Korean participants hospitable, curious and hopeful about the future. There are worries from some quarters about Kim's intentions and his willingness to actually follow through on any commitment he might make in Singapore.

Money ZTE signs preliminary agreement to lift USA ban
Author: 0 ZTE signs preliminary agreement to lift USA ban

Speaking in a CNBC interview, Ross said the deal includes a US$1 billion penalty against ZTE and a US-selected compliance team to be embedded at the company to prevent further violations of the sort that prompted the Commerce Department to cut ZTE off from its United States suppliers.

Money Kitty Hawk takes pre-orders for Flyer personal aircraft
Author: 0 Kitty Hawk takes pre-orders for Flyer personal aircraft

The flying vehicle company, Kitty Hawk , has shown off its latest iteration of the Flyer, a single seater "flying car" that's controlled with a single joystick. Test flights by first timers take place over water, with top speeds limited at 20mph and the altitude restricted to no more than 3m (10ft). Kitty Hawk , funded by Page, unveiled a "Flyer" model it described as "an exciting first step to sharing the freedom of flight".

Author: 0 Trump calls for Russian Federation to be readmitted to G7

You know, whether you like it or not, and it may not be politically correct, but we have a world to run. In the wake of the reports about Russian interference in the 2016 presidential election and the ongoing investigation into whether the Kremlin colluded with the Trump campaign, the president faced some severe pushback for his suggestion to welcome Russia back.

Author: 0 Trump Wants Russia Back In The G-7

Trump tweeted on Friday. The tweets were in part a response to criticism from French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau on Thursday who said the president's recent moves pulling the USA from the Iran nuclear deal and implementing new trade tariffs have isolated the us on the world stage.

Money United Kingdom proposes new Brexit deal to avoid hard border in Ireland
Author: 0 United Kingdom proposes new Brexit deal to avoid hard border in Ireland

In a note published today Westminster has agreed the so called "backstop" created to prevent the return of a hard border should end by December 2021. The agreement appeared to be a compromise with Prime Minister Theresa May to ensure the UK's Brexit minister David Davis did not resign from the cabinet.

Money Heinz Salad Cream may become 'Sandwich Cream'
Author: 0 Heinz Salad Cream may become 'Sandwich Cream'

The condiment giants have revealed that people are using their Salad Cream for something other than salads. Hence this story, and the original published by paywalled food retail specialist The Grocer , in which Heinz says it's examining the possibility of starting to call British national treasure #27 salad cream " sandwich cream " instead, because most people put it in sandwiches instead of putting it on salads now.

Money Medicare insolvent in 2026, Social Security by 2034
Author: 0 Medicare insolvent in 2026, Social Security by 2034

Social Security will become insolvent in 2034 - no change. Medicare Part A's trust fund is funded through payroll taxes, split between employer and employee. SSA had previously estimated that the Protecting and Preserving Social Security Act would strengthen the program by covering these costs and benefits for an additional 25 years, until 2059-further strengthening the basic safety net for millions of Americans, including many of those who have worked hard for their entire lives.

Money Trump Unites U.S. Allies-in Opposition to His Trade Policies
Author: 0 Trump Unites U.S. Allies-in Opposition to His Trade Policies

Canadian broadcaster CBC also confirmed that the conversation took place. President Donald Trump is getting scorched on Twitter after he reportedly accused Canada of setting fire to the White House during the War of 1812 . "Japan and the European Union will team up on this issue and call on cooperation from other countries", Japanese Trade Minister Hiroshige Seko told reporters Tuesday.

Money Britain to rule on Rupert Murdoch's bid for Sky on Tuesday
Author: 0 Britain to rule on Rupert Murdoch's bid for Sky on Tuesday

However, he added that if it can't agree such terms that "the only effective remedy now would be to block the merger altogether. This is not my preferred approach". 'We now look forward to engaging with the Department for Culture, Media and Sport and we are confident that we will reach a final decision clearing our transaction, ' Fox said in a statement.

Money Lord & Taylor is closing its 5th Ave store
Author: 0 Lord & Taylor is closing its 5th Ave store

Hudson's Bay also owns Saks Fifth Avenue . "After evaluating best use scenarios for its New York City Fifth Avenue location, the company has decided not to maintain a presence at this location following turnover of the building to WeWork ", the company said in a press release.

Money Tentative ZTE Deal with U.S. Could Bring Fine to $1.7B
Author: 0 Tentative ZTE Deal with U.S. Could Bring Fine to $1.7B

Commerce Department ban on it buying from American suppliers. One billion dollars would be settled under the deal - adding to $361 million that the company agreed past year to pay - and another $400 million would be held in escrow should there be any future violations of the deal.

Money Mexico hits back with $3 billion in tariffs on USA products
Author: 0 Mexico hits back with $3 billion in tariffs on USA products

It was, but mostly because the USA kept invading its territory, hoping to make Canada the prize of victory. That plan fell through when the White House tried to insist that he agree to including a so-called "sunset clause" in the deal. The Trump administration has held out the possibility of scrapping the treaty entirely and negotiating bilateral trade agreements, something both Canada and Mexico oppose.

Money GOP senators weigh trade fight with Trump
Author: 0 GOP senators weigh trade fight with Trump

Some Republicans are also hoping Trump simply changes his mind and doesn't follow through with it. Democrats say the number of vacancies stems directly from Republicans blocking Obama's judicial nominees during his final two years in office.

Money Trump prefers separate NAFTA negotiations with Canada and Mexico: Kudlow
Author: 0 Trump prefers separate NAFTA negotiations with Canada and Mexico: Kudlow

On Tuesday, Mexico announced a 20 percent tariff on USA apples in response to the Trump administration's tariffs on steel and aluminum. Kudlow said the US president was moving toward that scenario. They have different problems. Mexico said it would impose import duties on $3 billion worth of US products, including cheese, bourbon, pork and others, making good on its threats that it would retailiate for USA tariffs on steel and aluminum.

Money Emails of Over 92 Million Users Stolen from Genealogy Company MyHeritage
Author: 0 Emails of Over 92 Million Users Stolen from Genealogy Company MyHeritage

On Monday, online genealogy company MyHeritage Ltd. released a statement revealing the emails of some 92 million of its users were stolen during a security breach dated October 26, 2017. Nevertheless, the company recommends that all users change their passwords "for maximum safety". "If you do choose to provide genetic data to an organisation, it's vital to enable the maximum security settings, turning on features such as two factor authentication once available, and check what you ...

Money Elon Musk remains chairman of Tesla's board of directors
Author: 0 Elon Musk remains chairman of Tesla's board of directors

Chief Executive Elon Musk revealed plans to build the electric vehicle maker's first foreign factory in China and reaffirmed a goal to build 5,000 Model 3 sedans per week by the end of this month at the company's annual meeting Tuesday.