Money

Money Wages just hit their highest level in a decade
Author: 0 Wages just hit their highest level in a decade

The employment-cost index, a measure of wages and benefits for civilian workers, rose a seasonally adjusted 0.8% in July through September, the Labor Department said Wednesday. There were a record 7.1 million job openings in the economy in August, compared with only some 6.2 million unemployed. It is also considered a better predictor of core inflation.

Money Trump says 'I think we'll make a deal with China' on trade
Author: 0 Trump says 'I think we'll make a deal with China' on trade

The Hang Seng Index rose 4.2 percent, the biggest gain since 2011, and the Shanghai Composite Index climbed 2.7 percent, posting a fourth day of gains for its longest winning streak since February. "They want to make a deal so badly". We talked about many subjects, with a heavy emphasis on Trade. President Donald Trump's steep tariffs on billions of dollars worth of Chinese products don't seem to be particularly effective at re-balancing trade.

Money GM is looking buyout several thousand workers
Author: 0 GM is looking buyout several thousand workers

GM does not lay out specifics about what is being offered to the white collar employees who have worked at the company for more than 12 years. They do not affect the hourly workers on GM's production lines. Until now, GM had spared its home base from overhead cuts while tearing apart the company overseas during the past five years. GM's USA rival, Ford (F), said in early October that it plans to thin the ranks of its salaried workforce by the second quarter of next year.

Money Brazil to move embassy to Jerusalem, new President Bolsonaro writes
Author: 0 Brazil to move embassy to Jerusalem, new President Bolsonaro writes

But there was an enthusiastic response from Israeli President Benjamin Netanyahu . "Had a very good conversation with the newly elected President of Brazil, Jair Bolsonaro , who won his race by a substantial margin". Israeli sovereignty over Jerusalem has never been recognised internationally, and according to the 1993 Israel-Palestinian peace accords, the final status of Jerusalem is meant to be discussed in the latter stages of peace talks.

Money Livenews - India's manufacturing PMI rises to 53.1 in October'18
Author: 0 Livenews - India's manufacturing PMI rises to 53.1 in October'18

China's manufacturing and non-manufacturing purchasing managers' indexes both fell this month from last, indicating Chinese firms continuing to expand production and operations, but at a slower rate, statistics show. "The slowdown in China as a result of the trade war is affecting smaller open economies in Asia", Ben Emons, chief economist and head of credit portfolio management at Intellectus Partners, wrote in an e-mail.

Money Toyota, Subaru recall more than 400000 vehicles worldwide
Author: 0 Toyota, Subaru recall more than 400000 vehicles worldwide

So far, no injuries or crashes have been connected to the default, according to Subaru. Motor Image confirms it will notify affected customers in Malaysia about the recall, and will replace the parts free of charge. The other affected models in Japan were the Forester sport utility vehicle, the BRZ sports auto and the 86 sports coupe, which is manufactured by Subaru for Toyota Motor Corp.

Money Tesla Summon to get manual control 'like big RC car'
Author: 0 Tesla Summon to get manual control 'like big RC car'

Additionally, the vehicle will be able to follow the owner around should they continue to hold down the " summon " button within the Tesla app. The next update to Summon feature will make Tesla cars capable of driving around a parking lot, find an empty spot, and read signs to confirm if the parking spot is valid and empty.

Money US Crude Stocks Rise by 3.2 mln bbls Last Week
Author: 0 US Crude Stocks Rise by 3.2 mln bbls Last Week

Crude oil futures continued to show weakness Thursday morning as reports of higher production by the world's biggest producers reduced the potential impact of US -nuclear related sanctions against Iran, an analyst said . The International Energy Agency on Tuesday said that high oil prices were hurting consumers and could dent fuel demand at a time of slowing global economic activity.

Author: 0 Trump Hints China Trade Moves for Argentina G20 After Xi Call

The US president spoke to Xi on Thursday and later tweeted that trade talks with China were "moving along nicely" ahead of face-to-face talks between the pair at the G20 summit in Argentina later this month. China and the United States are locked in an increasingly bitter trade war, with both countries have already placed tariffs on some of each others imports.

Money Chinese firm charged with economic espionage
Author: 0 Chinese firm charged with economic espionage

The Justice Department unveiled criminal charges against Chinese state-owned Fujian Jinhua Integrated Circuit Co, and United Microelectronics Corporation (UMC) of Taiwan, along with three UMC officials. The Trump administration has slapped $250 billion in tariffs on Chinese products. Those files include details on Micron's DRAM manufacturing process, a 233-page PDF on the on how to manufacture 25nm DRAM chips, three Excel spreadsheets containing data for manufacturing the actual chips, and ...

Money Japan Airlines apologises for arrested drunk pilot
Author: 0 Japan Airlines apologises for arrested drunk pilot

Tests found the 42-year-old first officer had 189 milligrams of alcohol per 100 milliliters of blood in his system, nearly 10 times the 20 milligrams limit for a pilot. The drink-drive limit in England, Wales and Northern Ireland is 80mg. He is being held in custody and will be sentenced on November 29. As a result of the incident, the flight departed an hour late and flew with two pilots rather than three.

Money Starbucks unveils holiday cups and new festive drinks
Author: 0 Starbucks unveils holiday cups and new festive drinks

Upon introducing the minimalist cup, Starbucks Vice President Jeffrey Fields said it was a way to "usher in the holidays with a purity of design that welcomes all of our stories". Imagine being someone who gets worked up about Starbucks cups and then think about how luxurious it must feel to be so oblivious to the rest of the world's many problems.

Money Petrol, diesel prices witness dip across India: Check rates here
Author: 0 Petrol, diesel prices witness dip across India: Check rates here

Earlier in the month, the Modi government in the Centre had slashed the excise duty on petrol and diesel by Rs 1.50 per litre and also asked the PSU oil firms to subsidise fuel by Rs 1 per litre. The AA said the modest decline in worldwide petroleum prices in the past month is "a cause for optimism". The official fuel prices for November will be announced by the Department of Energy.

Money China reveals trade war strain as yuan slides and manufacturing stalls
Author: 0 China reveals trade war strain as yuan slides and manufacturing stalls

Investor anxieties over China's rapidly-dwindling growth figures are beginning to show cracks in the PMI figures for the Asian megacountry, with the official PMI rate for October coming in at just 50.2, declining from September's 50.8 and the key indicator's lowest reading since July of 2016.

Money USA restricts exports to Chinese semiconductor firm Fujian Jinhua
Author: 0 USA restricts exports to Chinese semiconductor firm Fujian Jinhua

He said that the confinements on Fujian Jinhua - which makes memory chips and gadgets - would "restrain its capacity to debilitate the inventory network for fundamental segments in our military frameworks". The company, the department said, therefore " poses a significant risk of becoming involved in activities that are contrary to the national security interests of the United States ".

Money Democrats, Some Republicans Blast Trump Ad As Racially Charged
Author: 0 Democrats, Some Republicans Blast Trump Ad As Racially Charged

The video includes scenes of a migrant "caravan", warning, "Who else would Democrats let in?" It adds: "Democrats let him into our country..." White House reporter April Ryan in a tweet Thursday morning again raised questions about Trump's racism, asking the president "are you racist? " in response to the ad.

Money Google employees mutiny in protest at the treatment of women
Author: 0 Google employees mutiny in protest at the treatment of women

According to a Cnet report , the employees have put down a list of demands for CEO Sundar Pichai and co-founder Larry Page including a call to end private arbitration in cases of sexual assault and harassment. Google's headquarters in Mountain View is just shy of 11 AM as of this posting, and employees there are sure to be joining the walkout in huge numbers.

Money Coke earnings ride sales of healthier drinks
Author: 0 Coke earnings ride sales of healthier drinks

Hence, this depicts the stock's weekly as well as monthly performance. The Coca-Cola Co has a one year low of $41.45 and a one year high of $48.62. Noble Corporation plc (NYSE:NE)'s EPS was -$0.49 as reported for the June quarter. Getting the trading period increased to 200 days, the stock price was seen at $44.67 on average. The general public now hold control of a total of 4.22 billion shares, which is the number publicly available for trading.

Money Oil Prices Edge Lower
Author: 0 Oil Prices Edge Lower

Crude oil futures "are notably weaker as investors continue to grow concerns over global growth prospects, while the strength in the USA dollar has also added to the bearish sentiment in the energy complex", DailyFX analyst Justin McQueen told UPI.

Money Hyundai and Kia to introduce solar roof charging system
Author: 0 Hyundai and Kia to introduce solar roof charging system

The renewable electric charging system will be incorporated into the roof or the bonnet of vehicles and be able to support internal combustion, hybrid , and battery electric vehicles . Weather conditions and environmental factors will naturally have an impact on how efficient the technology is. The technology will improve fuel economy and range on equipped cars, reducing emissions in the process.

Money Ryanair changes luggage rules for second time in a year
Author: 0 Ryanair changes luggage rules for second time in a year

But what does it mean for passengers? In January, Ryanair introduced a policy which meant that passengers who had not bought "priority boarding" were allowed to take a "personal bag" - such as a handbag - on board. Why did they change the rules again? Consumers will be allowed to take with them for free a small, single carry-on bag, such as a purse or laptop case.

Money Intel's Mobileye, Volkswagen plan Israel's first autonomous ride-hailing service
Author: 0 Intel's Mobileye, Volkswagen plan Israel's first autonomous ride-hailing service

Mobileye , which was acquired by Intel Corp. previous year for $15.3 billion, will provide the self-driving technology for the Volkswagen electric vehicles for the scheme they call Mobility-as-a-Service (MaaS). "We firmly believe that self-driving electric vehicles will offer Israel and cities around the world safe, clean and emission-free mobility, which is accessible and convenient".

Money GE reports weaker-than-expected 3Q sales, slashes dividend
Author: 0 GE reports weaker-than-expected 3Q sales, slashes dividend

Culp, who was appointed in a surprise announcement October 1, also unveiled the first steps of his turnaround plan, with a major dividend cut - to a penny per quarter, from 12 cents - and a reorganization of the company's power division. "Anytime you see an investigation like that by both the SEC and the DOJ it starts to make you wonder, what's going on in their accounting?" GE's big problem continues to be the power division, which has been beset by overcapacity due in part to the growth ...

Money Masked gunman killed by Alabama McDonald's customer
Author: 0 Masked gunman killed by Alabama McDonald's customer

She then saw people running out of the McDonald's, including children, before hearing two more shots fired. One woman who had just ordered food at the drive-thru heard eight or nine shots ring out, she told AL.com . "He's looking for us", he said. Thank GOD for courageous individuals that choose to go armed as this could have been much worse if everyone had been defenseless.

Money ‘Candy Converter’ Let’s You Trade Unwanted Candy for Reese’s Peanut Butter Cups
Author: 0 ‘Candy Converter’ Let’s You Trade Unwanted Candy for Reese’s Peanut Butter Cups

In a story first reported by Delish , the confectionary company has set up a vending machine to dole out thousands of free Peanut Butter Cups, and all it costs is something you don't want to eat anyway. Yup, that's it, you give them inferior candy, they give you better ones. You put all the Halloween candy you have no interest in - like Tootsie Rolls, Good & Plenty, and Dots (sorry!) - into the converter and then voila! The machine will take your unwanted candy and swap it for Reese's ...

Money India jumps 23 places to secure 77th rank
Author: 0 India jumps 23 places to secure 77th rank

A Commerce and Industry Ministry statement in New Delhi said: "India's leap of 23 ranks in the ease of doing business ranking is significant considering that previous year India has improved its ranking by 30 places, a rare feat for any large country of the size of India".

Money Facebook Stock Is Soaring on Hopes That Stories Will Grow
Author: 0 Facebook Stock Is Soaring on Hopes That Stories Will Grow

On Tuesday, Facebook posted third-quarter earnings per share of $1.76 on revenue of $13.73 billion, versus consensus estimates for EPS of $1.46 on revenue of $13.765 billion, according to FactSet. The results suggest that advertisers continue to buy more Facebook ads. The idea of ephemeral messaging was made popular by its rival Snap with its Snapchat app; Instagram and Facebook later adopted the same concept.