Money

Money President Trump, Gov. Abbott designate Wednesday as day of mourning
Author: 0 President Trump, Gov. Abbott designate Wednesday as day of mourning

They were pictured standing side-by-side smiling in the palace Picture Gallery, and were also joined by the Duke of Edinburgh and Barbara Bush. Sitting alongside German Chancellor Angela Merkel at the G20, he refused to answer whether he had any regrets over his past criticism of the Bushes.

Money China to Implement Deals With US in Cars, Energy, Agriculture
Author: 0 China to Implement Deals With US in Cars, Energy, Agriculture

There's no official, confirmed statement of what China agreed as part of the deal, although U.S. President Donald Trump tweeted that China had already agreed to lower tariffs on American cars, and Bloomberg reported on Wednesday that China was preparing to restart imports of U.S.

Money China vows quick action on United States trade promises: 'The sooner the better'
Author: 0 China vows quick action on United States trade promises: 'The sooner the better'

China on Wednesday, said now time has come to push forward the trade negotiation and make deal with the United States in next 90 days, and also vowed to implement "immediate" changes to the agreements signed between both the countries. Among the conflicting assertions that White House officials made was over whether China had actually agreed to drop its 40% tariffs on USA autos. The downside for China is that it also needs US sourced LNG as its insatiable gas demand expands amid Beijing's ...

Money Bond market flashes yield curve warning
Author: 0 Bond market flashes yield curve warning

But when investors are anxious that growth will fall off sharply, perhaps as a result of the Federal Reserve pushing short-term rates higher, they're willing to accept less in interest for a Treasury maturing far in the future. Adding to the risk aversion was news that U.K. Prime Minister Theresa May's push to avoid a so-called "hard Brexit " may be at risk. Recessionary pressures could be exacerbated if fears surrounding the US-China trade war are resumed following a 90-day truce, ...

Money VW will stop designing cars with gas, diesel engines after 2026
Author: 0 VW will stop designing cars with gas, diesel engines after 2026

VW will continue to modify its combustion engine technology after the new platform is introduced next decade. By 2030, VW says it will offer hybrid or electric versions of its entire 300-plus-vehicle lineup. Volkswagen has also confirmed that it will streamline its model range and increase vehicle costs to improve profitability. The brand will axe a quarter of its engine and gearbox variants in Europe, concentrating mainly on the high-demand combinations of drivetrains and trim, to simplify ...

Money Facebook's reputation as an employer is really suffering
Author: 0 Facebook's reputation as an employer is really suffering

This year it seems that the controversies and resulting internal tension have taken a toll at Facebook's work culture and the company has slipped in the ranking . Southwest Airlines leaped a number of spots from last year, when it ranked 23rd, to make the top 10 this year. "Everyone at Facebook has a stake in our future, and we are heads down shipping great products and protecting the people who use them".

Money Cheesecake Factory offers free cheesecake slices on 40th anniversary
Author: 0 Cheesecake Factory offers free cheesecake slices on 40th anniversary

That suspect is expected to be charged with disorderly conduct. A large crowd of delivery drivers gathered at a Cheesecake Factory in Arlington in response to the chain restaurant's deal, which gives a free slice of cheesecake to those who submit online orders through ordering app DoorDash, to celebrate its 40th anniversary.

Money Get Burger King Whopper for just one penny
Author: 0 Get Burger King Whopper for just one penny

Customers need to get within 600 feet of a McDonald's and they need to download the Burger King app to qualify. Once you're near the burger chain, the app will unlock the special discounted Whopper, and guide you to their nearest location.

Money Dow slides 700 points as US stocks veer sharply lower
Author: 0 Dow slides 700 points as US stocks veer sharply lower

The Dow sank as much as three percent on Tuesday afternoon, December 4, 2018 , as losses on Wall Street accelerated amid worries about the US economic outlook and skepticism over the US-China trade truce. "The market is reassessing if anything tangible happened at the Trump-Xi dinner", Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Company, told MarketWatch.

Money George H.W. Bush’s funeral and memorial services plan
Author: 0 George H.W. Bush’s funeral and memorial services plan

Bush. Trump declared December 5 as a National Day of Mourning after Bush died on Friday evening at the age of 94 . In College Station, students gathered Friday night at The Bush School of Government and Public Service to remember and honor the former president.

Money Canadian PM denies role in Huawei arrest
Author: 0 Canadian PM denies role in Huawei arrest

A bail hearing for her extradition is set for Friday. The British bank HSBC is cooperating with U.S. authorities in its investigation, people familiar with the matter said Thursday. Details of the arrest have not been released but the U.S. has been investigating Huawei over possible violation of sanctions against Iran. Lenovo has also come under attack in the U.S.

Money Huawei's global chief financial officer arrested in Vancouver
Author: 0 Huawei's global chief financial officer arrested in Vancouver

The arrest is related to violations of US sanctions, a person familiar with the matter said , though officials have so far stayed mum on her allegations. In the Meng case, the timing and details of the arrest indicated the move was political, according to Sun Yun, director of the China programme at U.S.

Money Keep Oil Flowing, Says Trump Ahead Of Oil-Exporting Nations' Group Meet
Author: 0 Keep Oil Flowing, Says Trump Ahead Of Oil-Exporting Nations' Group Meet

President Donald Trump's plea to keep the taps open. International Brent crude oil futures were at $61.37 per barrel at 0240 GMT, down 71 cents, or 1.1 percent from their last close. Oil prices were down on Wednesday, as OPEC has failed to give the market a clear signal that it will cut production, and that Russian Federation would be on board with a production cut as well, should one be implemented.

Money RBI maintains status quo, keeps repo rate unchanged at 6.5%
Author: 0 RBI maintains status quo, keeps repo rate unchanged at 6.5%

The repo rate is the rate at which the RBI lends short-term money to the banks. On the basis of an assessment of the current and evolving macroeconomic situation at its meeting, the Reserve Bank of India (RBI) chose to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent.

Money Huawei executive arrested by Canadian officials at U.S. request
Author: 0 Huawei executive arrested by Canadian officials at U.S. request

The Canadian Justice Department arrested Wanzhou Meng in Vancouver on Saturday and United States officials want Canada to extradite her, agency representative Ian McLeod said in an email sent to Business Insider. In June, Canada's Globe and Mail newspaper reported that USA lawmakers warned the Canadian government that Huawei posed a major cybersecurity risk.

Money Huawei chief financial officer arrested in Canada
Author: 0 Huawei chief financial officer arrested in Canada

Meng "was arrested in Vancouver on December 1", a statement by Canada's ministry of justice said. The ban was sought by Meng, who has a bail hearing Friday. The US imposed harsher sanctions on Iran earlier this year, as the Trump administration looked to restrict worldwide business with the Iranian government.

Money Alberta to Cut Oil Production, Crude Prices Rise
Author: 0 Alberta to Cut Oil Production, Crude Prices Rise

Discounts for upgraded synthetic oil improved to US$13.50 per barrel Monday afternoon from US$18.50 on Friday and Edmonton-priced light oil differentials fell to US$15.25 from US$23.00. "I want to be clear", she said, "this is a short-term measure ". We need them to toss the half-hearted statements away, we don't actually need Ottawa's sympathy, we need Ottawa's full attention.

Money China and USA declare temporary truce after Trump, Xi summit
Author: 0 China and USA declare temporary truce after Trump, Xi summit

U.S. President Donald Trump boasted Monday of his "very strong and personal relationship" with Chinese President Xi Jinping , declaring a new U.S. Had a deal not been struck, tariffs on US$200bn worth of Chinese goods would have risen from 10% to 25% at the start of 2019.

Money Ted Baker shares fall after 'forced hugging' complaints
Author: 0 Ted Baker shares fall after 'forced hugging' complaints

In a statement , Ted Baker said: "It is critically important to us that every member of our staff feels valued and respected at work". The petition also claims that Ted Baker's human resources department has willfully ignored staff's complaints against the CEO in the past by saying "that's just what he's like".

Money Almost 12 million pounds of ground beef recalled amid salmonella outbreak
Author: 0 Almost 12 million pounds of ground beef recalled amid salmonella outbreak

Beef bought, frozen, then used clearly was involved in the later illnesses in the outbreak, on which the CDC last released figures November 15. Consumers should discard or return any recalled beef. Consumers who have purchased these products are urged not to consume them. The majority of the outbreak occurred in August and September and then tapered off in October, the U.S.

Money DEVELOPING: US-China trade uncertainty fuels market plunge
Author: 0 DEVELOPING: US-China trade uncertainty fuels market plunge

Unless extended, they will end 90 days from the date of our wonderful and very warm dinner with President Xi in Argentina ", Trump tweeted . Treasury Secretary Steven Mnuchin also issued a carefully worded statement, noting that there is an "immediate focus" on reducing auto tariffs but "there's a lot of work to be done over the next 90 days".

Money Qualcomm says NXP deal is dead
Author: 0 Qualcomm says NXP deal is dead

The $44 billion reportedly received approval from the antitrust authorities in America, Japan and Europe but fell through when China refused to approve of it by the 25 July 2018 deadline. Chinese regulators did not have immediate comment. It has spent more than $20 billion (roughly Rs. 1.4 lakh crores) in share buybacks in the last 12 months.

Money Quora hacked: 100 million users affected
Author: 0 Quora hacked: 100 million users affected

The breach, discovered on Friday, did not affect question and answers that are written anonymously, the company said, adding that it has also notified law enforcement officials. "We believe we've identified the root cause and taken steps to address the issue, although our investigation is ongoing, and we'll continue to make security improvements", Monday's post stated.

Money Trump will terminate NAFTA to press Dems into approving new trade deal
Author: 0 Trump will terminate NAFTA to press Dems into approving new trade deal

Trump, Prime Minister Justin Trudeau and former Mexican president Enrique Pena Nieto signed the new U.S. -Canada-Mexico Agreement - USMCA, although the federal government in Ottawa has rechristened it CUSMA - during an awkward ceremony at the outset of G20 meetings Friday in Argentina.

Money Seven-year-old YouTuber made £17.2m in one year
Author: 0 Seven-year-old YouTuber made £17.2m in one year

Ryan, from Ryan ToysReview, made the hefty sum for his online reviews between June 2017 and June 2018. "I'm entertaining and I'm amusing", Ryan recently told NBC interview, explaining his appeal. The figures are calculated before tax, and do not include amounts paid to lawyers and agents, Forbes said. A video titled "Top 10 Science Experiments you can do at home for kids" starring the three children has had more than 26 million views.

Money Amazon 'testing cashierless technology for bigger stores'
Author: 0 Amazon 'testing cashierless technology for bigger stores'

The test is said to be a potential trial run for cashierless checkout at Whole Foods, the grocery store chain Amazon acquired previous year for more than $13 billion, though the actual objective remains unclear. Amazon and Whole Foods did not immediately respond to a request for comment on the report . You scan the Amazon Go app on your phone as you arrive, pick up items while monitored by the store's cameras and you're charged via your Amazon account as you leave.

Author: 0 George HW Bush's final journey to the Capitol

He will be honored during several private and public events in Houston and Washington before he is buried in Texas next to his wife, Barbara, and their young daughter Robin, who died in 1953. Following the service at the National Cathedral, Bush will be flown to Houston on Wednesday with a scheduled arrival of around 4:30 p.m. CST. Following the funeral, Bush's casket will be returned to Texas and the 41st president will lie in repose at St.

Author: 0 Shares in Cenovus, Canadian Natural soar on Alberta crude production cuts

Notley said Canada's economy is losing $80 million Canadian (US$60 million) a day. However, he says we should turn our eyes to the world stage. That figure is expected to shrink as the glut of oil in storage is addressed. Suncor said in its release on Monday that it is assessing the government's decision and will map out details of the impact when it releases 2019 capital and production forecasts.

Money Trump, Xi trade war dinner went 'very well:' White House adviser
Author: 0 Trump, Xi trade war dinner went 'very well:' White House adviser

President Donald Trump and the leaders of Canada and Mexico signed the U.S. -Mexico-Canada Agreement - a replacement to NAFTA - Friday at the G-20 summit in Argentina. "I think the worst of it is that the conflict between China and the U.S.is again showing the limits of multilateral institutions, in particular the World Trade Organization", Roberto Bouzas, an global relations and economics professor at the Universidad de San Andres, told VOA.

Money Qatar to quit Opec in 2019, energy minister says
Author: 0 Qatar to quit Opec in 2019, energy minister says

Although there has been no agreement on cuts, the fact that Russian Federation and Saudi Arabia agreed to extend their deal to manage the oil market into 2019 led to a 4 per cent increase in the price of oil on the London and NY stock exchanges, as markets took the move as a sign that further production cuts would be agreed in Vienna.