Money

Author: 0 Supreme Court's online sales tax ruling gives states a win

Or, it could raise little new money for the state. But now he does. They also created a structure that reduces the sales tax for businesses with a physical presence inside the state . U.S. Rep. Annie Kuster, D-N.H., said online retailers are a critical component of New Hampshire's economy, and this ruling hurts their ability to compete.

Author: 0 Saudi Arabia: Deal can be done this week to boost oil supply

Major oil producers are set to pump around 1m more barrels a day to help cool crude prices as part of an Opec deal, according to Saudi Arabia's energy minister. According to WoodMac, US crude oil exports to China averaged around 300,000 bpd in the first quarter this year, accounting for just over 20 percent of all USA crude oil exports.

Money Trade War Fallout: 5 ways the Trump tariffs could impact air cargo
Author: 0 Trade War Fallout: 5 ways the Trump tariffs could impact air cargo

The European Union will begin charging import duties of 25% on a range of U.S. products on Friday, in response to USA tariffs imposed on EU steel and aluminium early this month, the European Commission said on Wednesday. The EU countermeasures cover a total of around 200 categories of USA products also including various types of corn, rice, orange juice, cigarettes, cigars, t-shirts, cosmetics, boats and steel.

Money How will the US-China trade war impact South Africa?
Author: 0 How will the US-China trade war impact South Africa?

Peanut butter and bourbon whiskey among products on list. Reuters reported that Gao Feng, a spokesman for the Chinese Commerce Ministry, said the Trump administration's trade policies will in the end be counterproductive for American interests.

Money OPEC inches towards oil output deal ahead of key meeting
Author: 0 OPEC inches towards oil output deal ahead of key meeting

Oil prices surged almost 75 percent, touching $80 a barrel, after OPEC and allies agreed to cut production in late 2016. Oil prices recovered some day-earlier losses in Asia on Wednesday, supported by a drop in USA commercial crude inventories and the loss of storage capacity in oil producer Libya.

Money Trump escalates trade war with new tariff threat against China
Author: 0 Trump escalates trade war with new tariff threat against China

The top White House trade adviser, Peter Navarro, says Beijing "may have underestimated the resolve of President Donald J. Trump" by refusing to meet USA demands on trade and by threatening to retaliate against American trade sanctions. The drugstore chain and pharmacy benefits manager said it will start making home deliveries of prescriptions and other items. China's Government denounced Mr Trump's threat and warned it would respond with "strong countermeasures".

Money European Union tries to assuage German, Italian concerns on migration
Author: 0 European Union tries to assuage German, Italian concerns on migration

Merkel's woes come as European Union countries are once again at loggerheads over immigration, triggered by Italy's refusal this month to allow a rescue ship carrying 630 migrants to dock. They include a deadly 2016 Christmas market attack by a failed Tunisian asylum seeker and the rape-murder in May of a teenage girl, allegedly by an Iraqi.

Money Trump's policies have caused high oil prices
Author: 0 Trump's policies have caused high oil prices

The Organization of the Petroleum Exporting Countries meets on Friday to decide on output policy amid calls from major consumers such as the United States and China to cool down oil prices and support the global economy by producing more crude.

Money All inbound flights to Charlotte Douglas airport held Sunday morning, sources say
Author: 0 All inbound flights to Charlotte Douglas airport held Sunday morning, sources say

The problems that occurred this morning led to the Federal Aviation Administration issuing a "ground stop" on all PSA Airlines flights going to and from Charlotte, according to an American Airlines spokesperson. Sunday, according to multiple media outlets. "We understand that these cancellations have been frustrating for our customers, and we are doing everything in our power to get things back to normal as quickly as possible".

Money Amazon puts Alexa in hotels, ties up with Marriott
Author: 0 Amazon puts Alexa in hotels, ties up with Marriott

Now, however, Amazon is going one step further with the Alexa for Hospitality program, which will "help increase guest access to amenities" and "improve employee productivity", according to a press release . Guests of Charlotte Marriott City Center and Marriott Irvine Spectrum will be among the first to experience a curated list of Alexa for Hospitality features.

Money Crypto Exchange Bithumb Halts Withdrawals Amid $31 Million Hack
Author: 0 Crypto Exchange Bithumb Halts Withdrawals Amid $31 Million Hack

Meanwhile, the company said remaining assets had been moved to a cold wallet to be stored in a more secure environment that is not accessible via the internet. On the Luxembourg-based Bitstamp, bitcoin BTC=BTSP was last trading at $6,590.00, extending losses as a series of intrusions on cryptocurrency exchanges in recent weeks sparked concerns over security.

Money Starbucks lowers profit forecast, speeds closures of poorly performing stores
Author: 0 Starbucks lowers profit forecast, speeds closures of poorly performing stores

It has missed analysts' estimates for same-store sales in the USA -dominated Americas region in five of the last six quarters. 150 stores are expected to close in the next fiscal year for the company. "We must move faster to address the more rapidly changing preferences and needs of our customers", Kevin Johnson , Starbucks' CEO, said in a statement .

Money Fox board to meet on Comcast's $65B bid
Author: 0 Fox board to meet on Comcast's $65B bid

Rupert Murdoch, executive chairman of 21st Century Fox , said Fox believes Disney's offer is better than Comcast's - but the company said it would consider bids from other companies, including a revised offer from Comcast. "After six months of integration planning we're even more enthusiastic and confident in the strategic fit of the assets and the talent at Fox", said Iger in a statement.

Author: 0 China Blasts New US Tariff Threat, Warns It Will Retaliate

It called Mr. Trump's tariff threat an "act of extreme pressure and blackmail" that "deviates from the consensus reached by both parties after many negotiations, and is a disappointment to the global community". On Monday, the Trump administration responded with an unprecedented threat to levy a 10 percent tariff on $200 billion in Chinese products - a move that would put a large share of the $505 billion in products that the United States imports from China under tariffs .

Money Microsoft employees demand cancellation of contracts with ICE
Author: 0 Microsoft employees demand cancellation of contracts with ICE

Smith wrote about Microsoft's stance on immigration, noting that the company "is something akin to 'the United Nations of Software.'" He said one House bill, the Securing America's Future Act (H.R. Later in the day, Microsft released a formal statement, which calls on the Trump administration to stop the family separations. Microsoft's work with ICE involves supporting email, calendar and document systems, Nadella wrote.

Author: 0 Telstra To Cut 8,000 Jobs

Telstra chief executive Andy Penn says an "agile" structure is needed to deal for the company, which last month warned investors about the impact of mobile competition and rising NBN costs, to deal with rapid technological innovation. As a result, the telco expects FY19 EBITDA guidance to range between $8.7 - $9.4 billion, excluding about $600 million in restructuring costs. Michael McCarthy at CMC Markets said the restructuring plan may not be enough to please investors in Telstra, whose ...

Money Germany to refuse migrants from July if no European deal found: minister
Author: 0 Germany to refuse migrants from July if no European deal found: minister

President Donald Trump , who is under pressure over the US policy of separating immigrant children from parents who illegally cross the Mexican border, waded into the dispute in Germany with a morning Twitter tirade. Italy's government closed its ports to rescue ships and said it prefers to have Frontex working in Africa to prevent people from coming rather than patrol the Mediterranean.

Author: 0 Dollar hits 11-month high as U.S. threatens further tariffs on China

The Dow Jones industrial average and other major stock market averages are tanking Tuesday over President Donald Trump's latest threat of a full-scale trade war with China. China will fight back firmly with "qualitative" and "quantitative" measures if the United States publishes an additional list of tariffs on Chinese goods, the commerce ministry said, accusing the USA of initiating a trade war.

Money Elon Musk sends company email about 'extensive and damaging sabotage' by employee
Author: 0 Elon Musk sends company email about 'extensive and damaging sabotage' by employee

Although the company declined to comment on the email officially, several employees confirmed they had received it and shared its full text with the news outlet. Musk did not specify to whom he was referring. But in a separate email to staff, sent just after 9:30 a.m. on June 18, Musk branded the event "another unusual incident that was hard to explain" and advised all staff to "be on the alert for anything not in the best interests" of the company.

Money Trump threatens new round of $200bn tariffs on Chinese goods
Author: 0 Trump threatens new round of $200bn tariffs on Chinese goods

It wasn't immediately clear when the new tariffs could be put in place, as the trade office has yet to identify the Chinese goods to be penalized or conduct a legal review. "The trade relationship between the United States and China must be much more equitable", Mr. Trump said. "It is very unfortunate that instead of eliminating these unfair trading practices, China said that it intends to impose unjustified tariffs targeting US workers, farmers, ranchers and businesses".

Money West Wing Actress Flames Tesla When Husband's Car Catches Fire
Author: 0 West Wing Actress Flames Tesla When Husband's Car Catches Fire

The safety board is investigating four Tesla crashes since previous year and looking at post-crash fire issues and the use of Autopilot. The footage shows flames shooting up from underneath the auto. "This is an extraordinarily unusual occurrence, and we are investigating the incident to find out what happened", a Tesla spokesperson told The Drive .

Money Trump taps Kathy Kraninger to head Consumer Financial Protection Bureau
Author: 0 Trump taps Kathy Kraninger to head Consumer Financial Protection Bureau

Mulvaney has steered the bureau in a more industry-friendly direction since he took over. "She [Kraninger] will bring a fresh perspective and much-needed management experience to the BCFP, which has been plagued by excessive spending, dysfunctional operations, and politicized agendas", the statement says.

Money ICICI Bank board appoints Sandeep Bakhshi as whole time director, COO
Author: 0 ICICI Bank board appoints Sandeep Bakhshi as whole time director, COO

Read full story here: Chanda Kochhar steps aside for conflict probe durationThe announcement of Kochhar being asked to go on a leave comes amid speculations of her stepping down and eighty-three days after ICICI Bank reposed "full faith and confidence" in her stating there was "no question of any quid pro quo/nepotism/conflict of interest".

Money Trump on a Tear Over Immigration: Rips Dems, European Policies
Author: 0 Trump on a Tear Over Immigration: Rips Dems, European Policies

But "we want finally to have a sustainable solution for turning back refugees at our borders". "Why don't the Democrats give us the votes to fix the world's worst immigration laws?" Chancellor Angela Merkel's fourth-term government took almost six months to put together, taking office in March after the center-left Social Democrats reluctantly agreed to team up with her conservatives again.

Money Trump proposes new tariffs on $200B worth of Chinese goods
Author: 0 Trump proposes new tariffs on $200B worth of Chinese goods

Responding to the news, the Chinese commerce ministry said Beijing will retaliate by imposing similar penalties on American goods, if Washington delivers on its threat. The tariffs were quickly matched by China on US exports, a move that drew the president's ire. The new USA tariff will be imposed if China goes ahead and implements its new tariff on American goods, announced last week, the White House said, adding that trade between the two countries " must be much more equitable ".

Money China says will 'fight back firmly' if United States publishes additional tariffs
Author: 0 China says will 'fight back firmly' if United States publishes additional tariffs

China is the main perpetrator. Trump added: "These tariffs will go into effect if China refuses to change its practices, and also if it insists on going forward with the new tariffs that it has recently announced". China is now the largest Asian customer for United States crude; imports rose to 3.89 million metric tons in the first quarter of the year, compared with just 443,000 metric tons for the year ago period, according to figures from S&P Global Platts, with the US's market share ...