Money

Money Oil price falls 1% on indecisive US-China trade talks, rising stocks
Author: 0 Oil price falls 1% on indecisive US-China trade talks, rising stocks

Wall Street was positioned for a flat opening. Global markets were mixed Friday as investors cheered the Federal Reserve's more restrained stance and opted to view this week's U.S. It's the first time the two sides have talked since U.S. President Trump and Chinese President Xi (Zhee) agreed to a 90-day truce during a meeting in Buenos Aires.

Money Costco's 27-lb. bucket of mac and cheese is sold out
Author: 0 Costco's 27-lb. bucket of mac and cheese is sold out

Are you a person who likes pasta, cheese, things with wildly long shelf lives, or joy? The Chef's Banquet Macaroni and Cheese Storage Bucket comes with 180 servings of elbow pasta and 180 servings of cheddar cheese sauce, stored separately in easy to open zip-seal pouches created to ensure the mac and cheese will survive its estimated shelf life of 20 years.

Money Some House Dems upset with Ocasio-Cortez
Author: 0 Some House Dems upset with Ocasio-Cortez

There is a stark contrast between Ocasio-Cortez's style and freshman congressman Dan Crenshaw's (R-Texas) as both of their names have been in the media several times. " More, please ", a Republican Senate aide told DailyMail. "We have now over 100 new members of this freshman class". "With all respect, I certainly hope she's not the future and I don't believe she is ", he said.

Money AT&T to end all location-data sales to data brokers
Author: 0 AT&T to end all location-data sales to data brokers

AT&T and T-Mobile are suspending their sales of customer data to third-parties, following a Motherboard investigation that revealed how such sales trickle down to potentially risky consequences. Right now, senators are calling for regulation to ensure that companies are upfront with customers about how their data will be used and sold. Verizon sent a letter [PDF] saying it had "conducted a comprehensive review" of its "location aggregator program" and as a result would kill the ...

Money Carlos Ghosn indicted on two new charges
Author: 0 Carlos Ghosn indicted on two new charges

His lawyers said they would apply for bail, but experts say this request is very unlikely to be granted. He did not respond when asked whether Ghosn, who has been arrested three times, could be served with another arrest warrant. Ghosn, arrested November 19, was earlier charged with falsifying financial reports in underreporting his income by about 5 billion yen ($44 million) over five years through 2015.

Money Apple to Introduce a Three-Camera Setup With the Next iPhone Flagship
Author: 0 Apple to Introduce a Three-Camera Setup With the Next iPhone Flagship

Soon after the newspaper's report was published, expert concept render artist Ben Geskin posted mock-ups of the three handsets, based on 2018 iPhones. Apple's 512GB iPhone XS Max , the most expensive of the new models, costs $1,499 in the U.S. But in Asia's largest economy, the non-discounted price is 12,799 yuan, or almost $1,900.

Money Lawsuit: Google Parent Alphabet Lost 'Billions' by Covering Up Sexual Abuse
Author: 0 Lawsuit: Google Parent Alphabet Lost 'Billions' by Covering Up Sexual Abuse

The suit was filed by shareholders who claimed the board failed in its duties by allowing harassment to occur, approving big payouts, and keeping the details private. A lawsuit filed this week in California sees an Alphabet shareholder suing Alphabet . It is stated that while working at Google , Rubin was paying money to women that they "belonged to him".

Money Australian Retail Sales surprise to the upside at 0.4%
Author: 0 Australian Retail Sales surprise to the upside at 0.4%

One year ago, after turnover surged by 1.2% in November 2017, that was followed up by a decline of 0.5% in December, reflecting the impact of Black Friday and Cyber Monday sales in bringing forward demand, along with issues in applying seasonal adjustments over November and December given these events are new to Australia.

Money Cuts propel SpaceX staff on a journey into the unknown
Author: 0 Cuts propel SpaceX staff on a journey into the unknown

Speaking about the employees who are being laid off, SpaceX said , "We are grateful for everything they have accomplished and their commitment to SpaceX's mission". Musk has estimated it will cost up to U.S. $10 billion to develop a spaceship that could send humans to Mars. No astronauts will be on board for this demonstration mission, but this is the first launch of SpaceX's Crew Dragon, a spacecraft that will soon transport astronauts to the International Space Station.

Money No Tickets Sold With All Six Powerball Lottery Numbers
Author: 0 No Tickets Sold With All Six Powerball Lottery Numbers

AUSTRALIAN lottery history could be made if a victor claims tonight's Powerball jackpot. The Lott explains that every entry must be validated before a draw can take place and with the sales closing at 8.30pm AEDT it is only after that time that each entry can be accounted for.

Money Aussie teen deported after 'stupid' Air New Zealand bomb threat
Author: 0 Aussie teen deported after 'stupid' Air New Zealand bomb threat

Airlines take security threats extremely seriously and a TigerAir Australia plane flying from Sydney to Melbourne was forced to return to Sydney in December because of a written note. Fifita's lawyer Jane Northwood called her client's actions "grossly stupid", but insisted she had never "met anyone more distressed or remorseful or overwhelmed".

Money Cadillac's new mission: Lead GM's EV push
Author: 0 Cadillac's new mission: Lead GM's EV push

The vehicle platform is the basis for vehicle underpinnings, including the battery system and other structural and mechanical parts. Alongside its bullish guidance, GM said it would use its Cadillac brand to compete with Tesla in the electric-vehcle market.

Money PC shipments fall during holiday season and across all of 2018
Author: 0 PC shipments fall during holiday season and across all of 2018

For the year 2018 PC shipments totaled 259.4 million units which is a 1.3% decline from 2017. It's not the largest drop around, but it once again paints a rather lacklustre picture for the PC market, which a year ago actually looked like it was picking up a bit after quarters upon quarters of declining shipments.

Money Ford announces job cuts in European branch for to restructuring
Author: 0 Ford announces job cuts in European branch for to restructuring

Ford said then it would invest $4 billion through 2023 in its newly formed Ford Autonomous Vehicles LLC, including the $1 billion it previously had earmarked for Argo AI, the Pittsburgh-based self-driving startup it acquired in 2017. The remaining cuts would be at Ford's transport operations, affecting lorry drivers across the United Kingdom, the union added. Audi, VW's biggest profit center, likewise noted more struggles ahead, reporting a 3.5 percent drop in sales a year ago.

Money Apple Cuts Revenue Forecast on Weak China Sales
Author: 0 Apple Cuts Revenue Forecast on Weak China Sales

China's "economy began to slow there for the second half", Cook said during an interview with CNBC on Wednesday afternoon. With Apple's iPhone unit sales flatlining, Apple has shifted to trying to get consumers to pay more for each device.

Money Jeff Bezos and wife MacKenzie to divorce after 25 years
Author: 0 Jeff Bezos and wife MacKenzie to divorce after 25 years

In one photo on the Enquirer's front page , the duo appear to be holding hands. Jeff and MacKenzie Bezos met in NY at D.E. Shaw. Jeff was the company's vice president, and he interviewed MacKenzie for a research associate job. Jeff Bezos' tremendous wealth has magnified the focus on him, although his divorce seems unlikely to enthrall the public like high-profile breakups involving movie stars such as Brad Pitt and Angelina Jolie.

Money U.S. govt shutdown compromises Miami airport operations
Author: 0 U.S. govt shutdown compromises Miami airport operations

The Miami airport, which has intensified the debate over TSA with its concourse closure, is not yet considering privatizing its passenger-screening operation, a spokesman said. If a significant number of controllers missed work, the Federal Aviation Administration could be forced to extend the amount of time between takeoffs and landings, which could delay travel, it said.

Money Toyota recalls 1.7 million vehicles to replace air bag inflators
Author: 0 Toyota recalls 1.7 million vehicles to replace air bag inflators

The airbags are part of ongoing issues with Takata, who supplied airbags to almost every major automaker. At least 23 people have been killed worldwide and hundreds have been injured. The US National Highway Traffic Safety Administration says the Takata matter concerns 34 million vehicles and 46 million airbags in the United States but this could rise to 70 million by the end of 2019.

Money Saudi Arabia announces rise in oil, gas reserves
Author: 0 Saudi Arabia announces rise in oil, gas reserves

That leaves "spare capacity very low, much lower than the 1.5 to 2 million barrels a day which they used to aim for", said Spencer Welch, oil markets executive director at IHS Markit. The kingdom on Wednesday took a first step in that direction by releasing the first audit of Aramco's oil and gas reserves since 1980. Saudi Arabia's reserves of easily recoverable oil have always been the world's largest but few details were public.

Money Ghosn indicted on 2 new charges of financial misconduct
Author: 0 Ghosn indicted on 2 new charges of financial misconduct

One Nissan insider called the sidelining of Munoz and Bajaj a "purge" of Ghosn-era executives. The 64-year-old has been formally charged with under-declaring his income by tens of millions of dollars in an apparent bid to quash accusations he was overpaid.

Money Shutdown 'Puts US Food Supply at Risk'
Author: 0 Shutdown 'Puts US Food Supply at Risk'

Just a year ago, the agency and the CDC helped pinpoint an outbreak of E. coli to romaine lettuce and track breakfast cereal that sickened some people with salmonella. "We're still doing ALL our regular foreign food inspections", Gottlieb said on Twitter. Trump said after the meeting it was a "total waste of time".

Money Apple Might Debut 3 New iPhones in 2019
Author: 0 Apple Might Debut 3 New iPhones in 2019

The problem is that even if Apple now wanted to pivot away from releasing an iPhone with an LCD display, it's likely too late in the planning cycle for Apple to make any significant changes. Its XR-inspired model will probably stick with the LED screen from its current range, whilst the others will use OLED screens. AdvertisementThis report appears to back up another recent rumor , suggesting that the new top-tier iPhone will sport a series of camera lenses arranged in a triangle ...

Money Oracle’s Larry Ellison reveals $1-billion stake in Tesla
Author: 0 Oracle’s Larry Ellison reveals $1-billion stake in Tesla

US electric carmaker Tesla Inc . on Monday broke new ground with its Shanghai factory, becoming the first to benefit from a new policy allowing foreign carmakers to set up wholly-owned subsidiaries in China . If Musk were to obtain one, he would join the ranks of esteemed figures such 2016 Nobel-Prize winning chemist Bernard Feringa, and former National Basketball Association all-star (and CBA legend) Stephon Marbury .

Money Fiat Chrysler to Pay About $800 Million to Settle Emissions Charges
Author: 0 Fiat Chrysler to Pay About $800 Million to Settle Emissions Charges

The settlement , which is expected to be formally announced Thursday by the U.S. Justice Department and the Environmental Protection Agency, is the second between the U.S. Bosch and its USA unit must pay $98.7 million to 47 states, the District of Columbia and Puerto Rico and Guam, and $27.5 million to 104,000 Fiat Chrysler diesel owners.

Money Fed's Powell Says U.S
Author: 0 Fed's Powell Says U.S

While most previous shutdowns have been fairly short and have not affected the economy in the aggregate, Mr Powell said, "if we have an extended shutdown, I think that would show up in the data pretty clearly". Minutes of the December meeting released on Wednesday showed that many officials felt the central bank "could afford to be patient about further policy firming", indicating the Fed could place interest rates on hold through March or longer as it waits for clarity on risks to global ...

Money US, China wrap up talks on tariff battle
Author: 0 US, China wrap up talks on tariff battle

It's a tight window in which to nail down deep changes to China's economic model, some of which past USA administrations advocated for years and US lawmakers on both sides of the aisle support. "These issues are much more hard to solve immediately but are, frankly, much more compelling to US companies", said Jake Parker, vice president for China operations of the US-China Business Council, which represents American companies that do business with China.

Money Apple has reportedly reduced new iPhone production - again
Author: 0 Apple has reportedly reduced new iPhone production - again

Apple ordered its suppliers to cut down the number of new iPhone model units coming off their production lines right before Tim Cook published his letter to the Apple investors at the beginning of the month. Apple's iPhone suppliers include Taiwanese assemblers Foxconn and Pegatron who are not moving to confirm the reports. On top of it all, last month Apple was also ordered by the Fuzhou Intermediate People's Court to stop selling and importing all iPhone models from the 6s to the X in ...

Money Lucky Lincoln: Rare 1943 Penny Could Fetch Over $1 Million at Auction
Author: 0 Lucky Lincoln: Rare 1943 Penny Could Fetch Over $1 Million at Auction

MA native Don Lutes Jr., who died in September, found a 1943 copper Lincoln penny in his lunch money change back in 1947. Lutes passed away in September and his coin will be up for auction through January 9, Fox News reported . Lutes had reached out to the Ford company about his find, but he was informed the rumor wasn't true. He also contacted the Treasury Department about his find but the Mint steadfastly denied any copper specimens had been struck in 1943.