Money

Money Land Rover Discovery production to cease at Solihull
Author: 0 Land Rover Discovery production to cease at Solihull

In the United Kingdom, the company said it was "impacted by consumer uncertainty surrounding diesel models, Brexit and vehicle taxation". That could prove a shot in the arm for a country that, according to Bank of England governor Mark Carney, has seen business investment fall 4 percentage points below what it would've been had the country not voted to leave the European Union.

Money The World Seems To Feel Safer After Trump-Kim Summit
Author: 0 The World Seems To Feel Safer After Trump-Kim Summit

Kim reaffirmed a previous commitment to denuclearization of the entire Korean peninsula and help in returning the remains of US servicemen still missing from the Korean War. Asked if he had a message for the North Korean people, Trump said, "I think you have somebody that has a great feeling for them". But a slushy "freeze-for-freeze"-with no decisive steps toward denuclearization-is precisely what President Trump has agreed to: a freeze of joint US and South Korean military exercises in ...

Money Fed Raises Interest Rates for Second Time this Year
Author: 0 Fed Raises Interest Rates for Second Time this Year

Unemployment, now at an 18-year low of 3.8 percent, would drop to 3.6 percent by year's end and to 3.5 percent in 2019 and 2020 - levels not seen in 49 years. Even amid concerns about U.S. trade policy, the Fed raised its forecast for gross-domestic-product growth this year to 2.8% from 2.7%. That is a welcome step-up from the roughly 2-percent growth averaged throughout the recovery, which was plagued by a series of crises overseas and uncertainties at home, delaying the Fed's tightening ...

Money Uber will learn to calculate the drunken passengers
Author: 0 Uber will learn to calculate the drunken passengers

A driver set to pick up a particularly tipsy passenger might get a notification on their phone beforehand, or they could be told to meet the rider at the designated location a bit later to give the person more time to get to the auto before driving off.

Money U.S. Federal Open Market Committee June 13: Statement Text
Author: 0 U.S. Federal Open Market Committee June 13: Statement Text

Fed officials had been split about whether to raise rates three times this year or four. The Fed announcement helped resolved a debate in financial markets over whether the Fed under Jerome Powell, who succeeded Janet Yellen as chairman in February, might see a need to signal a possible acceleration in rate hikes.

Author: 0 Nuclear risk-taker Trump gambles all in talks with Kim

The likelihood of Trump launching a first strike against North Korea, thus setting South Korea , where more than 100,000 Americans live and/or work, ablaze and risking a strike against population centers in the USA, was similarly low. President Trump is expected to meet separately with Singapore Prime Minister Lee Hsien Loong on Monday. -South Korea military exercises could be put back on if talks with Pyongyang do not progress.

Money Uber driver who booted 2 kissing women has license suspended
Author: 0 Uber driver who booted 2 kissing women has license suspended

The driver said he asked them to stop kissing and lower the volume on their phones. "We got over the Manhattan Bridge into the city". One of the outraged women then questions the driver, saying, "What are you f***ing talking about?" 'My girlfriend started laughing.

Author: 0 Trump accuses OPEC of raising oil prices

Oil prices are set, for the most part, by Saudi Arabia and, to a lesser extent, it's OPEC partners. Since early 2017, OPEC and other oil-producing countries have agreed to reduce supply in a bid to bolster oil prices. "Put the exports of crude on top of that, and it's just a really bullish report". The full organization, plus non-members like Russian Federation who agreed to take part in the earlier round of production cuts, are meeting June 22 and 23 in Vienna.

Money Dixons Says Almost 6 Million Cards Targeted in Cyberattack
Author: 0 Dixons Says Almost 6 Million Cards Targeted in Cyberattack

In a second breach, personal data such as name, address or email addresses, have been accessed. The company said in a statement: Our investigation is ongoing and now indicates that there was an attempt to compromise 5.9 million cards in one of the processing systems of Currys PC World and Dixons'.

Money Senators Move To Reverse Trump's Deal Lifting Sanctions On China's ZTE
Author: 0 Senators Move To Reverse Trump's Deal Lifting Sanctions On China's ZTE

Trump has come under scathing criticism from members of his own party, who viewed the president's efforts to help ZTE as anathema, both economically and in terms of national security. In a meeting for senior management on Tuesday, ZTE chairman Yin Yimin said that the company needs its 80,000 employees to have "thorough knowledge" and "thorough supervision" of each other when it comes to compliance, rather than rely on a few people from a compliance team.

Money German ministry says 774000 Mercedes cars contain unauthorized software
Author: 0 German ministry says 774000 Mercedes cars contain unauthorized software

However, an updated Reuters report is claiming that figure has ballooned to 1 million vehicles, the bulk of Daimler's new Euro 6 diesel fleet. "The government will order 238,000 Daimler vehicles to be immediately recalled Germany-wide because of unauthorised defeat devices", the ministry said in a statement.

Money Amazon Prime rolls out new Whole Foods discount in North Carolina stores
Author: 0 Amazon Prime rolls out new Whole Foods discount in North Carolina stores

Delivery is available daily from 8 a.m.to 10 p.m through primenow.com . Details on the Prime discount at local Whole Foods MarketsIt's the latest move aimed at tighter integration between Amazon and its Whole Foods Market chain. Amazon Prime members also get free, same-day shipping on many goods (in select areas), on-demand Prime Video and Prime Music streaming, and free Kindle books.

Money AT&T-Time Warner Deal Approved By Federal Judge
Author: 0 AT&T-Time Warner Deal Approved By Federal Judge

The ruling comes in direct opposition to the United States Department of Justice, which sued to block the deal . First floated in October 2016 , the deal also brought fire from then-candidate Donald Trump , who promised to kill it "because it's too much concentration of power in the hands of too few".

Money Trump adviser apologizes for saying Trudeau has ‘special place in hell’
Author: 0 Trump adviser apologizes for saying Trudeau has ‘special place in hell’

Kim, one of the president's top trade advisers, Peter Navarro , said there was "a special place in hell" for leaders like Mr. Trudeau, accusing him of engaging in "bad-faith diplomacy" with Mr. On Tuesday, Mr Trump kept up the attack on Mr Trudeau. "I'm not sure what activity he's asking me to undertake with either", May said amid laughter.

Money Tesla slides after report says it plans to cut 3,000 jobs (TSLA)
Author: 0 Tesla slides after report says it plans to cut 3,000 jobs (TSLA)

Tesla did not say how much money the job cuts would save. The layoffs at Elon Musk's electric vehicle company come as it tries to increase production of its Model 3 sedan and turn a quarterly profit this year. His company began to roll out Tesla-branded selling spaces at 800 Home Depot locations earlier this year, building on a previous relationship the retailer had with SolarCity Corp., which Tesla acquired in 2016.

Money Domino's aims to make delivery easier by paving roads in local communities
Author: 0 Domino's aims to make delivery easier by paving roads in local communities

Domino's says customers who nominate through the site will be notified if their cities are chosen under the grant program, and that cities will receive the funds intended for road repairs. "We know that feeling is heightened when you're bringing home a carryout order from your local Domino's store", Domino's USA President Russell Weiner said in a statement.

Money Elon Musk promises self-driving Teslas in upcoming software update
Author: 0 Elon Musk promises self-driving Teslas in upcoming software update

The vehicle's Autopilot system was activated for about 19 minutes before the crash , the NTSB said . Tesla's version 9 software should arrive in August, CEO Elon Musk said over the weekend. Tesla has also released a second teaser image of the new SUV. Speaking on behalf of Tesla , Mark Ross of Sheppard, Mullin, Richter & Hampton LLP listed about two dozen other allegations against the company that were found to be without merit and dismissed.

Author: 0 Elon Musk's Boring Company Releases Its 'Not-A-Flamethrower'

The first 1,000 of these flamethrowers were handed out to customers at the company's offices in Hawthorne, California this weekend. While it was interesting news from Elon Music and the Boring Company , we couldn't help but imagine having a flamethrower in our lives.

Money Trump Kim summit: United States president hails deal after historic summit
Author: 0 Trump Kim summit: United States president hails deal after historic summit

Rodman, who is one of a handful of Westerners to have visited reclusive North Korea and met Kim Jong Un , arrived in Singapore on Monday, the eve of the summit, declaring he was "excited to be part of it". President Donald Trump on Tuesday hailed his historic meeting with North Korean leader Kim Jong Un as an opportunity to usher in "a glorious new era of security and prosperity" for the North Korean people, calling for Kim to seize on the opportunity in the interest of world peace.

Money Net neutrality officially ends today
Author: 0 Net neutrality officially ends today

Moving forward, the FCC no longer has the full authority to police bad behavior by broadband monopolies like AT&T , Verizon and Comcast , thanks to the Trump FCC's decision to gut classification of ISPs as common carriers. "ISPs could curate what online content and services most people will have access to, and which ones will only be available to those who are willing to and can afford to pay extra", Schaub added.

Money Human rights is a back-burner issue at Trump-Kim summit
Author: 0 Human rights is a back-burner issue at Trump-Kim summit

North Korea said Kim Jong Un and President Donald Trump will discuss "denuclearization" and "durable peace" on the Korean peninsula during their upcoming summit. "It's a great day ..." The former Chicago Bulls star said he tried talking to former US President Barack Obama. "But we overcame all of them, and we are here today", Kim said during the meeting through an interpreter.

Money Rodman arrives in Singapore ahead of summit
Author: 0 Rodman arrives in Singapore ahead of summit

US President Donald Trump and North Korean leader Kim Jong-un will meet for an unprecedented summit today aimed at defusing tensions on the Korean peninsula. An entrance glows outside the Capella Hotel on Sentosa Island in Singapore June 5, 2018. Commenting for the first time on the summit, North Korea's state-run KCNA news agency earlier said the two sides would exchange "wide-ranging and profound views" to re-set relations.

Money UN can do verification role in nuclear talks if asked: UN Chief
Author: 0 UN can do verification role in nuclear talks if asked: UN Chief

Gallucci , a former chief USA negotiator with the North Koreans , although he acknowledged that a sudden meltdown in Singapore could trigger a quick reversal to the threat-soaked posturing between Mr. Later in the day, he met with senior advisers and phoned the leaders of Japan and South Korea . During his meeting, Trump was presented with an early birthday cake.

Author: 0 Inside Singapore's $20m Trump-Kim summit showcase

By contrast, Pompeo did suggest that the US was prepared to make unspecified concessions to North Korean security concerns before the total dismantling of its nuclear program was achieved. local time Tuesday (8 a.m. ET Tuesday). Trump, speaking in Canada on Saturday, said any agreement at the summit would be "spur of the moment", underscoring the uncertain outcome of what he called a "mission of peace".

Money France warns Trump over 'fits of anger' after G7 statement u-turn
Author: 0 France warns Trump over 'fits of anger' after G7 statement u-turn

Amid growing speculation that the G7 leaders would not be able to agree on a post-summit communique, Trudeau managed to issue a statement signed by all the participating leaders. Former prime minister Stephen Harper also shared his perspective on the trade spat between Canada and the U.S. Harper said that although he could understand the United States wanting better trade relations with countries like China and Mexico, he can't "understand the obsession with trade relations with Canada".

Author: 0 With Buyout Hopes Quashed, Poundworld Just Went into Administration

It comes after a last-gasp rescue deal between the chain's owner, TPG Capital, and private equity firm Rcapital fell apart over the weekend. Deloitte said Poundworld, which operates 335 stores across Britain, would continue to trade while a buyer for all or part of the business is sought and there would be no immediate redundancies or store closures.

Money Facebook Had Special Deals That Gave Companies Access To Data Past 2015
Author: 0 Facebook Had Special Deals That Gave Companies Access To Data Past 2015

Facebook maintained secret deals with a handful of companies, allowing them to gain "special access to user records", long after it cut off most developers' access to such user data back in 2015, according to a new Friday report by the Wall Street Journal , citing court documents it did not publish and other unnamed sources.

Money Kia Recalling 500K Vehicles
Author: 0 Kia Recalling 500K Vehicles

The recall follows an announcement in March by the National Highway Traffic Safety Administration (NHTSA) that it was investigating why some air bags had failed to deploy in Kia vehicles and its affiliate Hyundai Motor Corp after crashes in which four people were killed and another six were injured.

Money At 200 petaflops, the U.S. once again owns the world's fastest supercomputer
Author: 0 At 200 petaflops, the U.S. once again owns the world's fastest supercomputer

Summit is made up of more than 9,000 22-core IBM Power9 processors and over 27,000 NVIDIA Tesla V100 GPUs. Official, Linpack benchmarks have not yet been disclosed for Summit , but its 200-plus petaflop peak, touted by ORNL, "will surely be enough to outrun the 93-petaflop Linpack mark of the current TOP500 champ, China's Sunway TaihuLight", Top500.org says.