Money

Money Perdue recalls chicken nuggets due to wood contamination
Author: 0 Perdue recalls chicken nuggets due to wood contamination

The nuggets are gluten-free and have an expiration date of October 25, 2019, and UPC Bar Code "72745-80656" on the label. In 2017, McCain Foods USA recalled some of its hash-brown products because they may have contained pieces of golf balls .

Money Investment pioneer Jack Bogle dies of cancer at 89
Author: 0 Investment pioneer Jack Bogle dies of cancer at 89

The cause of death was cancer, according to Bogle's assistant Michael Nolan. Bogle suffered several heart attacks and underwent a heart transplant in 1996, the year he stepped down as CEO. Together the five largest Vanguard funds saved investors at least $5 billion in fees in 2018, compared with what they would have paid to keep the same assets in the largest active funds, estimated industry consultant Neil Bathon.

Money Geely Plans To Start Building Lotus Cars In New Chinese Factory
Author: 0 Geely Plans To Start Building Lotus Cars In New Chinese Factory

Lotus now builds cars by hand in a historic facility located in Hethel, England. Lotus recruited 289 new employees for Hethel past year and another 182 jobs are open, the spokesman said. It sold merely 1,630 cars in 2018. The Wuhan Development Zone did not respond to Reuters' request for comment. Geely and Lotus said in a joint statement: " Lotus Cars is undergoing an exciting resurgence with the backing of Geely, and expanding the brands manufacturing footprint globally is a key ...

Money Dishwasher awarded $21M after being forced to work on Sundays
Author: 0 Dishwasher awarded $21M after being forced to work on Sundays

When she refused to work Sunday, she was sacked in March 2016. A jury in a federal court has awarded $21m to a former dishwasher at a Miami hotel who was sacked for missing work on Sundays for religious reasons. "There were letters in file and her pastor went down there", Brumer said. Of that, $36,000 is meant to cover lost wages and benefits, while $500,000 is for emotional pain and mental anguish.

Money Facebook commits $300 mn to support local news
Author: 0 Facebook commits $300 mn to support local news

It was meant to train journalists to work at local newspapers and to encourage more reporting from towns that had lost their local media during the age of social media. The first round of investments in the USA will help bolster resources for local reporting, help research how to use technology to improve news gathering and create new products, recruit "trainee community journalists" and place them in local newsrooms and also help fund a program modeled after the Peace Corp, which will place ...

Money Microsoft pledges $500 million for Seattle-area affordable housing initiative
Author: 0 Microsoft pledges $500 million for Seattle-area affordable housing initiative

Microsoft Corp. said it will spend $500 million to develop affordable housing in the Seattle area, responding to a growing regional housing crisis that has strained the finances of many lower- and middle-income residents. With demand outpacing supply significantly, housing prices in the region have risen by 96% over the past eight years, with the gap being the greatest in the region's suburban cities.

Money Record Q4 2018 for JPMorgan Chase
Author: 0 Record Q4 2018 for JPMorgan Chase

The nation's largest bank still reported largely positive results overall, with total net revenue up 4% year-on-year in the fourth quarter, to $26.8 billion, and a 67% hike in quarterly net profits, to almost $7.1 billion. Other bank stocks are mixed. The corporate and investment banking revenue has declined by 4 %. On Monday, Citigroup posted profit that beat analysts' estimates on cost cutting and a revenue shortfall triggered by a 21 percent decline in fixed income trading.

Money Why Elon Musk's SpaceX Fired Hundreds Of Employees In 'Purge'-Like Method
Author: 0 Why Elon Musk's SpaceX Fired Hundreds Of Employees In 'Purge'-Like Method

Citing the "extraordinarily hard challenges ahead" as the reason behind the move, SpaceX revealed it will " part ways " with some of the employees working for the company that has a 6,000-strong workforce. Falcon Heavy launches for the first time from Kennedy Space Center. The company also ferries astronauts to Internation Space Station, a bid that cost it a whopping $2.6 billion.

Author: 0 Trump Cancels Travel for Pelosi, Davos Delegation

Trump postponing Pelosi's trip over the shutdown was itself seen as retaliation to her demanding the president put on hold his State of the Union address until the government reopens. He, in turn, has refused to sign off on government funding, leading to some 800,000 federal employees being off work since 22 December in the longest shutdown in USA history.

Money Environmental crises voted most urgent risks facing world in 2019
Author: 0 Environmental crises voted most urgent risks facing world in 2019

In its Global Risks Report , a survey of about 1,000 experts and decision-makers, 91 per cent of respondents said that they believed economic confrontation between leading powers would increase this year, while 88 per cent expected an erosion of multilateral trading rules.

Money Shopko announces store closures in Idaho, Utah
Author: 0 Shopko announces store closures in Idaho, Utah

The company announced the bankruptcy filing Wednesday morning. McKesson Corp. has said it supplied Shopko with $67 million in drugs since November 11 but has not been paid since early December. Over 20 Optical centers will be relocated to freestanding locations. The expansion of the optical business has been identified as a possible growth driver and savior.

Money Les Moonves to fight CBS Corp. for $120 million severance in arbitration
Author: 0 Les Moonves to fight CBS Corp. for $120 million severance in arbitration

In December, the media giant concluded there were grounds to fire Moonves, 69, for cause and said its former CEO wouldn't be entitled to any severance payments. Moonves reportedly began discussing his exit with CBS board members afterward, but he stayed on until a second report came out. His lawyer, Andrew Lavender, blasted the decision made by the CBS board of directors last month when they disclosed the determination that Moonves was sacked for violating numerous company policies ...

Money Tesla Model 3 will be the main focus of upcoming hacker competition
Author: 0 Tesla Model 3 will be the main focus of upcoming hacker competition

Tesla introduced over-the-air-software updates to its vehicles in 2012. The company recently announced that it's partnering up with hacker contest Pwn2Own's organizers to award a free Model 3 to anybody who can uncover a major security issue in the car's software at the annual CanSecWest conference in Vancouver, Canada this week.

Money Trump cancels Davos 'out of consideration for the 800000 great American workers'
Author: 0 Trump cancels Davos 'out of consideration for the 800000 great American workers'

Though Donald Trump is barring House Speaker Nancy Pelosi (D-CA) from traveling overseas amid his government shutdown, he is still allowing several of his top Cabinet members to fly to the ritzy Davos conference in Switzerland. The longest-ever shutdown in U.S. history has rendered over 800,000 federal employees without work, crippling the functioning of several key wings of the government including Security and State department.

Money Deal set on $15 wage increase
Author: 0 Deal set on $15 wage increase

Sen. Sanders, along with Rep. Bobby Scott (D-VA), introduced the Raise the Wage Act, which would raise the federal minimum wage to $15 per hour by 2024 and index the minimum wage to median wage growth. In just 22 out of more than 3,000 counties in the US, according to a report a year ago by the National Low Income Housing Coalition (NLIHC), would a minimum wage worker be able to afford a one-bedroom rental apartment.

Money Guy's Crazy Stunt Gets Him Banned From Cruise Line
Author: 0 Guy's Crazy Stunt Gets Him Banned From Cruise Line

Naydev states that at the time he made a decision to jump that boat was now docked. "This was stupid and reckless behaviour and he and his companions have been banned from ever sailing with us again", Torres said in an email to the Sun Sentinel .

Money UK Says Second Brexit Vote Would Take Over a Year to Organize
Author: 0 UK Says Second Brexit Vote Would Take Over a Year to Organize

May has been meeting lawmakers from all parties on Thursday in an attempt to find a way out of an impasse over how Britain should leave the European Union, after May's own plan was resoundingly rejected by parliament on Tuesday. "But we have a government in name only". The Labour Party caused outrage in 2018 when they removed anti-Israel clauses from their code of conduct on anti-Semitism.

Money Goldman Sachs profits top forecasts as legal costs rise
Author: 0 Goldman Sachs profits top forecasts as legal costs rise

Bank of America returned almost all of its earnings to holders in buybacks and dividends in 2018. Both stocks were higher in early trading, with Bank of America rising $1.42 to $27.92, a 5% gain , and Goldman up $6.27, or 3.5%, to $186.31.

Money Strike action continues at German airports
Author: 0 Strike action continues at German airports

Passengers are asked to make their inquiries to the airline, Karine said. The warning strike will start on Tuesday and affect airports of Frankfurt am Main, Munich , Hamburg , Hanover, Bremen , Leipzig/Halle , Dresden and Erfurt . She said, "Politicians and legislators must define clear rules for strikes and industrial actions". The latest walkouts follow strikes at five airports recently and were denounced by ADV as excessive.

Money Inflation hits two-year low as petrol prices fall
Author: 0 Inflation hits two-year low as petrol prices fall

The UK inflation rate fell to 2.1% in December, from 2.3% the previous month, according to the Office for National Statistics (ONS). Wages are rising at nearly 3.5 per cent a year according to the most recent figures. Stephen Clarke, senior economics analyst at the Resolution Foundation, said the easing of inflation provides a "welcome relief to households amid wider economic uncertainty".

Author: 0 What will a no-deal Brexit mean for pubs?

South Suffolk MP James Cartlidge, who supported Mrs May's deal and is concerned about the impact of no deal on businesses in his constituency, said he understood that no deal on March 29 was the default position - but that would lead to serious legal complications.

Money No ' Angel Tax ' for Start-Up Investors
Author: 0 No ' Angel Tax ' for Start-Up Investors

As per revised procedure, startups now don't need to apply to an inter-ministerial board of certification for approval. In yet another notification, Commerce Ministry has eased out several demands of startups over Angel Tax. Startups can seek exemption for assessment orders which concern shares already issued. Section 56 (2)(viib) of the Income Tax Act provides for taxation of the share premium that is above the fair valuation of shares as "other income".

Money Brexit: Ten crucial questions as Britain takes a leap into the unknown
Author: 0 Brexit: Ten crucial questions as Britain takes a leap into the unknown

Sterling had slipped as low as 1.2669 against the dollar immediately after the Brexit vote, but soon bounced back. "In denial on a customs union, in denial on a no-deal, in denial about the amount of money being spent preparing for no-deal, in denial on last night's result, and even the United Nations rapporteur on poverty says the Government is in ...

Author: 0 Sears staves off liquidation, stores to remain open

The 56-year-old billionaire had sweetened his bid to more than $ 5 billion over the last few days through an affiliate of his hedge fund ESL. Lampert steered the company into bankruptcy protection and if he is able to keep the roughly 400 remaining Sears stores open, it would mean tens of thousands of jobs are saved, at least for now.

Money USA 'probes Huawei for trade secret theft'
Author: 0 USA 'probes Huawei for trade secret theft'

T-Mobile accused Huawei of stealing the technology behind a robot T-Mobile had developed to test mobile phones. It comes as the Trump administration is pressing China to take action on questions of technology theft or face additional trade tariffs.

Money Brexit: Theresa May says MPs must 'work together' to deliver Brexit
Author: 0 Brexit: Theresa May says MPs must 'work together' to deliver Brexit

Jeremy Corbyn said the "catastrophic" defeat represented an "absolutely decisive" verdict by MPs on Mrs May's handling of Brexit . Arguing that some "tweaks" to that deal would have prevented the Brexit vote, he added: "I believe it would be a great pity if no further efforts were made to try to reach an agreement to try to help the British prime minister to forge an agreement at Westminster".

Money China to cut taxes to counter worst slowdown since global financial crisis
Author: 0 China to cut taxes to counter worst slowdown since global financial crisis

China would aim to achieve "a good start" in the first quarter for the economy, the state planner said yesterday, signaling that authorities could roll out more stimulus measures in the near term to counter slowing growth. The People's Bank of China (PBOC) conducted 80 billion yuan (11.84 billion USA dollars) of seven-day reverse repos at an interest rate of 2.55 percent and 100 billion yuan of 28-day reverse repos at 2.85 percent.

Money American Hero Banned From Walmart for Best Reason Ever
Author: 0 American Hero Banned From Walmart for Best Reason Ever

She was first spotted in the store's parking lot around 6:30am that morning, and was still there when cops arrived at 9:30. She was also allegedly drinking wine from a Pringles chips can, FOX40's sister station, WGHP reports . Officer Jeff Hughes, a WFPD spokesperson, said police were told by dispatchers that they were looking for a woman wearing a blue jacket and black trousers.