Money

Money Ontario brewers that offer buck-a-beer may get LCBO incentives
Author: 0 Ontario brewers that offer buck-a-beer may get LCBO incentives

Barley Days Brewery - one of the first breweries to open in Prince Edward County - has noted they plan to release a $1 beer created specifically for that price point. "The impact extends beyond the price of a beer". In hopes of getting brewers on board with cheaper beer, Ford announced he is offering incentives to brewing companies.

Money The thought Concerns About Tesla, Inc. (TSLA)
Author: 0 The thought Concerns About Tesla, Inc. (TSLA)

Shares of TSLA stock traded up $2.70 during trading hours on Wednesday, reaching $300.84. Baillie Gifford & Co. raised its holdings in Tesla by 3.1% during the 2nd quarter. Lenox Wealth Incorporated reported 0.03% in Tesla, Inc . The firm has "Sell" rating given on Thursday, April 19 by Goldman Sachs. Analysts have a mean recommendation of 2.90 on this stock.

Author: 0 Elon Musk considers taking Tesla private

The BBC has been unable to verify the post was written by Mr Musk himself, but it has pushed the shares 6% higher. " Funding secured ", Musk tweeted shortly before 1 p.m. According to the Times, the Saudis recently approached Musk and offered to buy even more Tesla shares, an offer that Musk refused. "I can't believe this is something to bluff or make fun of".

Money Facebook Asks Major US Banks To Share Customer Details
Author: 0 Facebook Asks Major US Banks To Share Customer Details

Facebook is now discussing partnership ideas with firms like Citigroup Inc., Wells Fargo , and JPMorgan Chase , but the Cambridge Analytica incident has reportedly caused at least "one large US bank" to pull out of the talks. ( JPM ), Wells Fargo & Co. And according to the Wall Street Journal-which first reported on Facebook's plans on Monday-the social media behemoth isn't the only tech company that wants access to Americans' financial data.

Money Donald Trump says tariffs 'working big time'
Author: 0 Donald Trump says tariffs 'working big time'

China's finance ministry unveiled new sets of additional tariffs on 5,207 goods imported from the United States , ranging from 5 to 25 per cent. Chinese state media launched a blistering personal attack at President Trump , claiming his trade policies amounted to "extortion", according to a report on Monday.

Money Brian France arrested for DUI, drug possession
Author: 0 Brian France arrested for DUI, drug possession

France, 56, was arrested at 7:30 p.m. Sunday night, Sag Harbor police said in a press release. During the stop, we're told officers suspected France was intoxicated and conducted a field sobriety test. The National Associated for Stock Car Auto Racing can safely describe itself as a family business. In a statement released Monday, NASCAR said: "We are aware of an incident that occurred last night and are in the process of gathering information".

Money 5 killed in CA when plane crashes into parking lot
Author: 0 5 killed in CA when plane crashes into parking lot

The plane crashed in the parking lot of a Staples office supply store in the 3800 block of Bristol Street, according to Stephen Concialdi, spokesman for the fire authority. Orange County Fire Authority Captain Steve Concialdi says the Cessna was heading to the airport when it came down and struck an empty parked vehicle in the lot of a Staples store.

Money Pepsi CEO Indra Nooyi is stepping down
Author: 0 Pepsi CEO Indra Nooyi is stepping down

Indra Nooyi , PepsiCo's first female chief executive, is stepping down after 12 years at the helm of the food and beverage behemoth. She spearheaded Pepsi's transition to a greener, more environmentally aware company. "Ramon Laguarta's unanimous appointment follows a systematic and thorough succession process by the Board of Directors". He previously served as CEO of the Europe Sub-Saharan Africa region.

Money Fiat Chrysler Seeks to Block Mahindra Jeep Look-Alike in US
Author: 0 Fiat Chrysler Seeks to Block Mahindra Jeep Look-Alike in US

FCA Wants To Block Mahindra From Selling Jeep Lookalike In U.S. The Roxor definitely looks a whole lot like a Jeep CJ. Fiat Chrysler Automobiles (FCA) has just filed a United States trade complaint in an effort to bar Indian automaker Mahindra from importing an off-road vehicle that looks eerily similar to its iconic Jeep model.

Author: 0 Trade War: Trump says tariffs are working

China responded with tariffs on $3 billion worth of USA items, largely agricultural products and metal. Trump has threatened tariffs on over $500 billion in Chinese goods, covering virtually all US imports from China. The Ministry threat came after Mr. Wang met with U.S. Secretary of State Mike Pompeo at a meeting of the Association of Southeast Asian Nations (ASEAN) in Singapore on Friday.

Money India's Iranian oil intakes jump to record high in July
Author: 0 India's Iranian oil intakes jump to record high in July

In May, Trump controversially pulled America out of the nuclear deal Obama agreed with Iran in 2015. Global benchmark Brent crude fell on Thursday as concerns about mounting supply returned after a brief rally on comments that Saudi Arabia's exports would fall in August.

Money USA trade deficit expands in June amid growing tensions
Author: 0 USA trade deficit expands in June amid growing tensions

The deficit had been expected to widen to $46.5 billion from the $43.1 billion originally reported for the previous month. "In real terms, exports rose 2.2% while imports fell 1.2% in June". Additionally, the Trump administration has threatened to impose tariffs on automobiles shipped to the US market. Total exports rose 9.2 per cent in June compared to the same month a year ago.

Money Russia Rolls Back Most of Oil Cuts as Supply Risks Worsen
Author: 0 Russia Rolls Back Most of Oil Cuts as Supply Risks Worsen

The EIA now estimates that the June production would be 10.900 million bpd, but the revision to the May figure suggests that the output for June could be lower than the expected 10.9 million bpd, according to Bloomberg . West Texas Intermediate, the US benchmark for the price of oil, was down 0.1 percent to $68.89 per barrel. The net imports averaged 6.44 million barrels per day last week, up by 1.35 million barrels per day from the previous week.

Money Ryanair proposes mediation in pilot strikes row
Author: 0 Ryanair proposes mediation in pilot strikes row

On Thursday, pilots warned there would be a fifth day of strikes on August 10, when the airline's Belgian and Swedish pilots will also be on strike. It said that the pilots continue to seek a "fair and transparent method" to govern base transfers and related matters which they say is common practice in the industry.

Money American job growth falls short of expectations in July
Author: 0 American job growth falls short of expectations in July

Asian unemployment dropped to 3.1 percent while black unemployment, still hovering around historical lows, increased slightly to 6.6 percent . Since the beginning of this year, the USA has seen multiple economic milestones in addition to 1.5 million new jobs.

Money State refiners drive India's July Iran oil imports to a record
Author: 0 State refiners drive India's July Iran oil imports to a record

USA officials told Reuters on Thursday that the United States believed Iran had started carrying out naval exercises in the Gulf, apparently moving up the timing of annual drills amid heightened tensions with Washington . Some protesters have shouted "Mullahs get lost!" and "Death to the dictator!" the semi-official Fars news agency has reported. Some sanctions will take effect from August 6 while others, notably on the petroleum sector, will take effect on Nov 4.

Money 395 people in 15 states, including Ohio, sickened in McDonald’s salad outbreak
Author: 0 395 people in 15 states, including Ohio, sickened in McDonald’s salad outbreak

While the FDA linked the illnesses to the Cyclospora parasite - a foodborne contamination associated with fecal matter - Fresh Express , based in Salinas, California, is now also on the hook. The statement said, "Fresh Express follows rigid food safety requirements and preventive controls throughout our supply chain that are carefully created to mitigate against potential health risks".

Money Philip Day mooted for House of Fraser takeover bid
Author: 0 Philip Day mooted for House of Fraser takeover bid

The agreement, part of the retailer's restructuring plan, included the closure of several underperforming stores, reducing the company's commercial network from 59 to 28 stores and putting 6,000 jobs in jeopardy. " Discussions are ongoing and a further announcement will be made as and when appropriate ". The company now employs 17,500 people - 6,000 direct and 11,500 concession staff.

Money Conor McGregor-Khabib Nurmagomedov Booked for UFC 229
Author: 0 Conor McGregor-Khabib Nurmagomedov Booked for UFC 229

Going into the festivities, the assumption was that the sole focus would be on the return of Nate Diaz to the Octagon after over two years away, as he's set to take on Dustin Poirier in the UFC 230 co-main event in Madison Square Garden on November 3.

Money Chipotle slides following report of customers getting ill at an OH restaurant
Author: 0 Chipotle slides following report of customers getting ill at an OH restaurant

Business Insider reported late-Monday that more than 170 people said they fell ill after eating at a restaurant in OH. But Traci Whittaker, a spokeswoman for the health district says it has received dozens of calls from people reporting illnesses since Sunday, with many mentioning they ate at the Chipotle in Powell, Ohio.

Money Oil prices slip ahead of inventory report
Author: 0 Oil prices slip ahead of inventory report

However, the oil prices felt pressures due to the expectations of new supply from OPEC and slowing down of energy demand resulting from trade conflicts, between the United States and China as well as other countries. Alhajji said , "Unlike the past, USA weekly crude oil inventories have become extremely sensitive to U.S.net imports, making short term oil prices more volatile".

Money Trump administration confirms plan to raise China import tariff to 25 pct
Author: 0 Trump administration confirms plan to raise China import tariff to 25 pct

The U.S. threat and pressure will not work. Chinese Foreign Ministry spokesman Geng Shuang (pic) attributed the arrest of Swedish bookseller Gui Minhai to the "violation of Chinese laws", without further explanation. It said retaliatory duties of between 5 and 25 per cent will be imposed on 5,207 products "if the USA side persists in putting its tariff measures into effect".

Money Soybean Market Starting To Stabilize
Author: 0 Soybean Market Starting To Stabilize

The American investigative news agency Mother Jones points out that American soybeans account for about 1/3 of the total imports of the European Union. This emphasis on overproduction isn't an accident - it's the result of decades of corporate influence over our farm policy that means that farmers sell into corporate-controlled markets that don't have enough competition to ensure they can get a fair price.

Author: 0 White House tells China to fix trade practices

China announced a list of US$60 billion worth of USA imports it plans to apply tariffs on should the Trump administration follow through with its latest trade threats. Washington had already imposed import tariffs on $34bn of Chinese goods last month, with Beijing immediately retaliating. "They better not underestimate the president", White House National Economic Council Director Larry Kudlow said in an interview on Fox Business Network.

Money Secretary of State Pompeo Meets with Turkey's Foreign Minister in Singapore
Author: 0 Secretary of State Pompeo Meets with Turkey's Foreign Minister in Singapore

Pompeo discussed the detention of American pastor Andrew Brunson , who has been in custody in Turkey since 2016 on terror charges. "Brunson needs to come home, as do all the Americans being held by the Turkish government", Pompeo told the press prior to his side meeting with the foreign minister at a Southeast Asian security conference.

Money Apple’s Stock Value Reaches $1 Trillion Total
Author: 0 Apple’s Stock Value Reaches $1 Trillion Total

The development of the iPhone is in large part attributed to the late Steve Jobs , who unveiled the device to much fanfare back in 2007. But Cook has gradually won accolades from investors by pumping out a series of solid financial results and spreading Apple's products to China and other foreign markets.

Money Gatineau's Hydropothecary, Molson Coors launch cannabis drink project
Author: 0 Gatineau's Hydropothecary, Molson Coors launch cannabis drink project

Hydropothecary would own the rest. "The new company will combine the proven beverage experience of Canada's leading brewer with a recognized innovator in the fast-growing cannabis sector to explore the highly anticipated consumable cannabis market, which is expected to be legally permissible in Canada in 2019", said Molson Coors.

Author: 0 Apple Becomes First Company to Reach $1 Trillion Worth

Apple's stock hit a high of $207.05 per share in trading just before noon ET, putting it at the $1 trillion mark. The stock has been rising since Tuesday when it reported better than expected results for the three months to June. Apple is the first company to reach the long sought-after $1 trillion market valuation, making it the first company on record to ever reach the mark.