Money

Author: 0 White House Admits Tariffs Are Hurting Farmers As It Plans Relief Program

White House officials hope it will quiet some of the unease from farm groups, but the new plan could revive debates about taxpayer-funded bailouts and the degree to which Trump's trade strategy is leading to unforeseen costs. "It's as simple as that". The president has engaged in hardline trading negotiations with China, Canada and European nations, seeking to renegotiate trade agreements he says have undermined the nation's manufacturing base and led to a wave of job losses in recent ...

Money Mega Millions jackpot soars to $512M, one of the largest in history
Author: 0 Mega Millions jackpot soars to $512M, one of the largest in history

The cash payout for a single victor of Tuesday's Mega Millions drawing will be about $296 million. It is drawn at random before each Mega Millions jackpot drawing. No one hit the jackpot in the last Mega Millions drawing, but a $1 million ticket was sold in Delaware County. The estimated jackpot for Wednesday night's drawing is $5.4 million, with a cash option of $3.2 million.

Money Trump administration to announce aid for US farmers hit by trade spats
Author: 0 Trump administration to announce aid for US farmers hit by trade spats

The president has recently been tough on the European Union , China, Canada and Mexico over trade, accusing each of taking advantage of the USA old trade deals. The rollout of billions of dollars in aid on Tuesday will be the first action Trump has taken to protect farmers from the whiplash they have had to face in recent months.

Money Alphabet profits jump despite record European Union fine
Author: 0 Alphabet profits jump despite record European Union fine

Google properties revenue jumped 26 per cent to US$23.3 billion. While that's nearly three times the S&P 500 Index's gain, it trails Netflix, Amazon .com Inc. "They're using the packaged deal, with all their properties, with a much stronger sell", said Marco Rimini, chief development officer at WPP Plc's Mindshare media agency.

Money Pepperidge Farm voluntarily recalls Goldfish crackers for salmonella risk
Author: 0 Pepperidge Farm voluntarily recalls Goldfish crackers for salmonella risk

The products were distributed throughout the United States. Pepperidge Farm said Monday that it was voluntarily recalling more than 3 million units of its popular Goldfish crackers due to possible salmonella contamination. Instead, throw them away or return to the place of purchase for a full refund. Anyone with concerns or questions about the recall can visit the Pepperidge Farm website or call Customer Service at 800-679-1791.

Money Alphabet trounces profit estimates on ad sales surge
Author: 0 Alphabet trounces profit estimates on ad sales surge

Remove the fine and Alphabet's earnings rise to $11.75 per share and net income soars from $3.2 billion for the quarter up to $8.3 billion. Revenue was $32.7 billion, an increase of 26 percent over the same period past year. Government pressure to improve moderation of user-created content has forced Google to hire more analysts. Key ad-driven services like Google Search and YouTube grew dramatically as well.

Money China refutes USA allegations of currency manipulation
Author: 0 China refutes USA allegations of currency manipulation

Trump launched his latest trade salvo on Friday, accusing China and the European Union of currency manipulation and saying he was ready to impose tariffs on all Chinese imports coming into the United States. The offshore yuan fell almost 0.6 percent to a low of 6.8448 per dollar , its weakest level since June 2017. It strengthened to a two-week high at 129.87 yen per euro before retreating to 130.27 yen, up 0.26 percent on the day.

Money India becomes latest country to scrap tax on sanitary towels
Author: 0 India becomes latest country to scrap tax on sanitary towels

Sanitary napkins are taxed at 12 per cent under the one-year old GST regime, which attracted serious criticism from various quarters. "GST Council cuts tax rate on an array of products". Union Textile minister Smriti Irani too tweeted thanking the Finance Minister for exempting sanitary napkins from GST. Earlier, in the press conference the minister had said that the rates were rationalised on 100 items .

Author: 0 Tesla shares drop on report that it asked suppliers for refunds

While Tesla said that these types of requests are standard in negotiations, consultants say that it's rare to ask for a discount after payments have already been made. After the memo was leaked over the weekend, Musk tweeted : "Only costs that actually apply to Q3 & beyond will be counted". Tesla did not respond to a series of emails and phone calls seeking comment.

Money McDonald’s Salad Outbreak Widens To 9 States
Author: 0 McDonald’s Salad Outbreak Widens To 9 States

The FDA has also stated that there may be more people affected with Cyclosporiasis , the Cyclospora parasite , as individuals who may have eaten the salad after early June may not have experienced or reported the symptoms of Cyclosporiasis yet.

Money A Dollar Slide and That's Before Trump Makes a Noise
Author: 0 A Dollar Slide and That's Before Trump Makes a Noise

Also playing a role in the global tick-up in yields was a Reuters report that the Bank of Japan was in unusually active discussions to modify its massive easing program. "Of course the President respects the independence of the Fed", White House spokesperson Lindsay Walters told Business Insider. "When the President took office there were several vacancies on the Federal Reserve Board; now there is only one", Feroli said.

Money No victor on Friday means Mega Millions jackpot climbs to $493 million
Author: 0 No victor on Friday means Mega Millions jackpot climbs to $493 million

According to Florida Lottery, 83 million willing tickets have been sold in the state, including 12 jackpot winners. If won, it will be the fifth largest jackpot in the game's 16 year history. Mega Millions tickets cost $2 per play or toss in an extra dollar for the multiplier, which can be two times or up to five times the consolation winnings.

Money Chinese yuan defies Trump comments, continues slide
Author: 0 Chinese yuan defies Trump comments, continues slide

Those and other Trump comments criticising Federal Reserve interest rate hikes caused the dollar to fall back in the U.S. on Thursday. The Wall Street Journal's Grep Ip explains why Trump's anti-Fed outburst is in no one's interest, least of all his own.

Money Ritz recall: Certain snacks recalled due to salmonella concerns
Author: 0 Ritz recall: Certain snacks recalled due to salmonella concerns

Both recalls issued by the agency cite possible Salmonella contamination as the reason for the recall. There was a similar recalled issued earlier in the week regarding Hungry-Man chicken dinners. Salmonella can cause serious and sometimes fatal infections in young children, the elderly, and those with weakened immune systems. The U.S. Food and Drug Administration is aware of the recall of the products.

Author: 0 Ritz Cracker products recalled over Salmonella fears

The recall comes amid a flurry of food product recalls affecting Loblaws and Ritz products. The recalled Ritz Cracker Sandwiches and Ritz Bits products contain whey powder, which has been recalled by its supplier, announced the maker of the Ritz products , Mondelez Global LLC, Saturday.

Money Facebook Suspends Analytics Firm As It Investigates Data Practices
Author: 0 Facebook Suspends Analytics Firm As It Investigates Data Practices

In addition, Crimson Hexagon had contracts with the USA government and a non-profit company connected to the Kremlin. Facebook said that using the data for surveillance is a violation of the company's policies. In a blogpost published Friday afternoon, Bingham drew a distinction between Cambridge Analytica , which collected private data from Facebook users, and Crimson Hexagon, which he said only used public social media data.

Money Ryanair flight cancellations to hit United Kingdom and Ireland routes
Author: 0 Ryanair flight cancellations to hit United Kingdom and Ireland routes

The Irish airline said in a statement it expected disruption to the travel plans of nearly 50,000 customers travelling to and from Belgium, Portugal and Spain as it would cancel up to 300 flights per day. " Ryanair cabin crew enjoy great pay -- up to 40,000 euros ($47,000) p.a". Kenny Jacobs, chief marketing officer at Ryanair , commented: " Ryanair sincerely apologises to our customers for these disruptions which we have done our utmost to avoid".

Money PM calls premiers to autumn meeting to reduce internal Canadian trade barriers
Author: 0 PM calls premiers to autumn meeting to reduce internal Canadian trade barriers

Provincial elections are also looming in Alberta and Quebec that could result in governments opposed to Trudeau's agenda, even as the Liberals continue to face resistance from B.C. The former Toronto police chief will be responsible for the thorny political issues of border management and a surge of migrants at unofficial entry points, as well as gun violence and the complex process of cannabis legalization.

Money Fiat Chrysler chief Marchionne set to be replaced following health issue
Author: 0 Fiat Chrysler chief Marchionne set to be replaced following health issue

Fiat Chrysler Automobiles CEO Sergio Marchionne has experienced "unexpected complications" following surgery. Fiat Chrysler Automobiles and Ferrari CEO Sergio Marchionne is stepping down amid a health crisis . Marchionne became Fiat's CEO in 2004, overseeing the merger with Chrysler to create FCA. But Marchionne developed complications following surgery in Italy and his health took a turn for the worse, making the corporate news necessary.

Money Desktop Ads Dominate Amazon Ad Impressions on Prime Day
Author: 0 Desktop Ads Dominate Amazon Ad Impressions on Prime Day

Some 83% said it influenced their decision to shop that day on Amazon. Haq Se Single, Chacha Vidhayak Hain Humare, and hit Bollywood movies Padmaavat and Sonu ke Titu Ki Sweety, have been particular hits on-demand, said Amazon. Prime members can watch anytime, anywhere via the Prime Video app on Android and iOS phones and tablets, select Smart TVs, game consoles, Fire TV stick, Apple TV 3 or 4 or online at www.primevideo.com .

Money Powell could help stiffen Congress' spine on trade
Author: 0 Powell could help stiffen Congress' spine on trade

The dollar rose across the board on Wednesday, climbing to a six-month high against the yen, after US Federal Reserve Chairman Jerome Powell gave an upbeat outlook for the economy and reinforced views that the Fed was on track to steadily hike interest rates.

Money TVs, Washing Machines And These Items To Be Cheaper After GST Revision
Author: 0 TVs, Washing Machines And These Items To Be Cheaper After GST Revision

The minister further informed that the council would have a special meeting on 4 August to address concern of small and medium enterprises. The tax on items such as handbags, jewellery box, ornamental framed mirrors and handmade lamps has been reduced from 18 per cent to 12 per cent, Mr Goyal said .

Money Burberry burned €32m of unsold products 'to protect brand'
Author: 0 Burberry burned €32m of unsold products 'to protect brand'

Avoid becoming a victim of Fake News. Under the new deal, Coty will exclusively hold the licensing rights to Burberry's beauty range. Environmentalists have criticised the practise of destroying unwanted goods in the past. "It's a dirty secret of the fashion industry". Released on Earth Day (22 April), "The Future of Fashion is Circular" campaign rewards any shopper who sells a Stella McCartney item via the U.S.

Money Boeing, Aviation Capital Group Announce Order for 20 737 MAX 8s
Author: 0 Boeing, Aviation Capital Group Announce Order for 20 737 MAX 8s

Boeing launched the newest and largest 737 variant at the aviation industry's annual trade expo in Paris previous year in an effort to counter the sales success of Airbus SE's A321neo. The total value of the deal is $2.8 billion at list prices. Boeing Co and USA aircraft leasing firm Jackson Square Aviation said on Monday they had reached a firm agreement over the purchase of 30 737 MAX 8 aircraft.

Money BA’s IT problems cause further disruptions at Heathrow
Author: 0 BA’s IT problems cause further disruptions at Heathrow

British Airways cancelled and delayed flights at London's Heathrow, on Wednesday due to problems with a supplier's IT systems, the airline said . "We have apologised to our customers for the delay to their travel plans". Terminal 5 was further affected by the situation - leading to an organisational nightmare for BA managers. "As a result of the temporary closure of Heathrow Airport's air traffic control tower earlier this afternoon, a small number of flights from all airlines were forced ...

Money China's Xi Jinping holding up deal to resolve trade dispute: Trump adviser
Author: 0 China's Xi Jinping holding up deal to resolve trade dispute: Trump adviser

China said on Thursday comments made by a senior White House official blaming Chinese President Xi Jinping for blocking progress on a deal to avert a trade war were "shocking" and "bogus" accusations. Trump has also demanded that the European Union cut its 10 percent tariffs on imported cars, and his administration is conducting a national security study that could lead to a 25 percent USA tariff on imported vehicles.

Money PM Modi slams previous UPA regime for shoddy work on electrification
Author: 0 PM Modi slams previous UPA regime for shoddy work on electrification

Mr Modi said most of the 18,000 villages were in remote areas, hilly areas, areas with poor connectivity. "This was quite unfortunate", said Modi in an address to people from villages across India that have been recently electrified. This is the tenth interaction in the series by the Prime Minister through video conference with the beneficiaries of various Government schemes. Modi alleged that the previous governments did not pay attention to the development of the eastern parts of India.