Money

Money RBS beats full-year profit expectations, warns of 'heightened' Brexit uncertainty
Author: 0 RBS beats full-year profit expectations, warns of 'heightened' Brexit uncertainty

However RBS chief executive Ross McEwan warned the bank faced a hard economic environment amid a "heightened level of uncertainty related to ongoing Brexit negotiations". RBS stock opened at $6.27 on Wednesday. "The volatile political situation is particularly keenly felt by the RBS share price because the Labour party has proposed breaking the bank up to create a number of local public banks".

Money Woman Removed From JetBlue Flight After Profanity-Laced Outburst
Author: 0 Woman Removed From JetBlue Flight After Profanity-Laced Outburst

As she was being escorted off the plane a Broward Sheriff's deputy, Gonzalez did not go quietly. Videos of the incident was captured by other passengers, one of which posted it to Twitter . I called someone old because they were", Gonzalez said. "I'll take my [expletives]". According to Metro , after the woman exited to the terminal, she tried to board the plane again.

Money Bill de Blasio: Amazon HQ debacle was 'abuse of corporate power'
Author: 0 Bill de Blasio: Amazon HQ debacle was 'abuse of corporate power'

Amazon had faced fierce opposition from local politicians, including Congresswoman Alexandria Ocasio-Cortez, who were furious over the almost $3 billion in tax incentives Amazon was promised. that could be a factor in goading officials to be more visible on this than they otherwise would have been", said Jarrett Murphy, executive editor of City Limits, a nonprofit investigative news site.

Money Rivian Brings in $700M in Amazon-Led Investment Round
Author: 0 Rivian Brings in $700M in Amazon-Led Investment Round

The company revealed its all-electric R1T pickup and R1S SUV at last November's LA Auto Show, prompting interest by GM and Amazon . He added that Rivian's CEO RJ Scaringe "has built an impressive organization, with a product portfolio and technology to match".

Money OpenAI Develops AI Technology So Clever that It’s unsafe
Author: 0 OpenAI Develops AI Technology So Clever that It’s unsafe

The danger in all of this is that AI is becoming frighteningly good at creating fake news and if the process is automated (which it can be) it might become rather hard to spot real from fake. In brief, it is called GPT-2 (blog here), and you only have to give it a few facts and let it do the rest. So, though the model can also be used for innocuous purposes, such as creating better dialog bots, the nonprofit has, at least for now, decided against releasing the training dataset or the full ...

Money Amazon Gets Itself Into A Very Fine Mesh With Eero Acquisition 02/12/2019
Author: 0 Amazon Gets Itself Into A Very Fine Mesh With Eero Acquisition 02/12/2019

The company officials did not disclose the terms of the acquisition. "We have a shared vision that the smart home experience can get even easier, and we're committed to continually innovating on behalf of customers". Eero's technology uses multiple access points that work together as a system to a blanket a home in high-performing, reliable, and simple home Wi-Fi.

Money Bill Gates Calls Out Ocasio-Cortez Tax Policy
Author: 0 Bill Gates Calls Out Ocasio-Cortez Tax Policy

The top marginal rate is now 37 percent. The proposed tax would shave 70% off any income above $10 million. Some of those ways include more progressive policies regarding not only the estate tax, but also the tax on capital, or reforming FICA and Social Security taxes.

Money Turbulence prompts emergency landing for Seattle-bound flight
Author: 0 Turbulence prompts emergency landing for Seattle-bound flight

According to witness Joe Justice, the turbulence was so strong it put the plane into a nosedive twice, flipping a snack cart through the aisle before pilots decided to make an emergency landing at Nevada's Reno-Tahoe airport. Customers were set to board an alternate flight to Seattle later in the day. The turbulence which the flight experienced may have been linked to a winter storm which has been affecting the Sierra Nevada region.

Money JPMorgan Chase Launches Its Own Cryptocurrency: 'JPM Coin'
Author: 0 JPMorgan Chase Launches Its Own Cryptocurrency: 'JPM Coin'

Jamie Dimon once called bitcoin a "fraud" - but now he's leading Wall Street's push into cryptocurrencies. "That way, they can consolidate their money and probably get better rates for it". This is a major breakthrough in the future of cryptocurrency, which has so far been mostly shunned by the global banking industry who saw it as a risk not worth taking, while its price rate plummeted throughout previous year.

Money Bezos's lover's brother leaked texts to the National Enquirer
Author: 0 Bezos's lover's brother leaked texts to the National Enquirer

Here's a closer look at Michael Sanchez's role in all of this. Bezos then launched an investigation into how his private messages were leaked, and last week accused the publisher of the National Enquirer of trying to blackmail him by threatening to publish personal photos.

Money Amazon won't build its HQ2 in NYC after all
Author: 0 Amazon won't build its HQ2 in NYC after all

Both locations were selected from over 200 bidders and were expected to receive $2.5 billion in investments from the e-commerce giant. Nashville, which was awarded a 5,000-person center, also said it was open to taking on a bigger role should NY withdraw from consideration.

Money Amazon, GM in talks to invest in electric pickup truck maker Rivian
Author: 0 Amazon, GM in talks to invest in electric pickup truck maker Rivian

This may value it at between $1 billion and $2 billion. If finalized, the investment deal is said to be on track for an official announcement later this month. Additional funds could give the company the additional push it needs to get its trucks to production and for it to form a retail and support strategy-which, in Rivian's case, may involve a direct sales model somewhat like that of Tesla, combined with traditional dealership networks that would "own" the service and support.

Money Amazon Digs Deeper Into Smart Home With Its Latest Acquisition
Author: 0 Amazon Digs Deeper Into Smart Home With Its Latest Acquisition

The companies didn't disclose the purchase price Monday when they announced the acquisition . Customers can customize an eero system to meet the needs of their home-regardless of shape or size-eliminating dead zones, ensuring ideal streaming video in every room, and delivering the bandwidth all connected devices need.

Money Tesla pushes Sentry Mode, Dog Mode updates to its EVs
Author: 0 Tesla pushes Sentry Mode, Dog Mode updates to its EVs

Last week, Tesla lowered the price of its Model 3 sedan for the second time this year to make its cars more affordable for US buyers. Yes, before you ask, running the air condition while parked on a hot summer day is going to drink your battery like there's no tomorrow*, so don't plan on leaving your pet in the auto for a full day while you head off to Disneyland, but it should make quick trips to the store easier with your favorite furry friend.

Money Florida Sees Robust Solar Job Growth As Industry Slightly Dims Nationwide
Author: 0 Florida Sees Robust Solar Job Growth As Industry Slightly Dims Nationwide

While the solar industry may be going through some struggles, it has still come far in the past decade, with the amount of jobs increasing by 159 percent nationwide since The Solar Foundation released its first census in 2010. But the Trump administration's tariffs on imported solar panels and policy uncertainty, coupled with uncertainties around solar policy state-to-state, has had a pronounced impact on the willingness of large-scale utilities to invest in solar, said the study ...

Money Trump weighs extending China tariff deadline by 60 days
Author: 0 Trump weighs extending China tariff deadline by 60 days

And what if Trump goes ahead with a March 2 tariff hike to step up pressure on Beijing? Mrs Sanders said: "We'll see what happens on whether or not the president makes a move to change the deadline". Trump told reporters in the Oval Office on Wednesday that preliminary talks in Beijing were "going along very well", Bloomberg reported. It has been almost a year since Donald Trump infamously tweeted that "trade wars are good, and easy to win", adding, for extra emphasis, "it's ...

Money Airbus to end production of A380 superjumbo jet
Author: 0 Airbus to end production of A380 superjumbo jet

Airbus makes wings for the A380 in the United Kingdom - employing 6,000 staff at Broughton and 3,000 at Filton. Emirates is also understood to be looking at adding to the 150 Boeing 777X aircraft it has on order. The giant jumbo aircraft, by contrast, suddenly became too expensive, too heavy and too cumbersome to operate. 'This leads to the end of A380 deliveries in 2021.

Money Oil Holds Gain as Saudi, Venezuela Supply Cuts Eclipse U.S. Boom
Author: 0 Oil Holds Gain as Saudi, Venezuela Supply Cuts Eclipse U.S. Boom

Courvalin said the main OPEC oil producers are making deeper-than-expected production cuts. The global oil market will struggle this year to absorb fast-growing crude supply from outside the Organization of the Petroleum Exporting Countries, even with the group's production cuts and USA sanctions on Venezuela and Iran, the International Energy Agency said in a report on Wednesday.

Money Reddit raises $300M in finance round led by China's Tencent
Author: 0 Reddit raises $300M in finance round led by China's Tencent

Reddit is ranked among the most visited United States websites and has more than 138,000 "communities" for discussions on various topics. Reddit has been on a roll lately, growing its audience to 330 million monthly active users generating 14 billion page views in 2018.

Money Apple iPhone sales in China plunged 20% in 4Q
Author: 0 Apple iPhone sales in China plunged 20% in 4Q

It wasn't just Apple that got whacked, though, as China's entire smartphone market shrunk almost 10% in the quarter, lending credence to Apple officials saying that the drop was related to overall conditions in China. Even Nicole Peng, a senior director at Canalys believes that "Apple doesn't have a good go-to market strategy that fits the rapidly changing Chinese market".

Money IEA Says Venezuela Crisis Risks Disrupting Global Crude Market
Author: 0 IEA Says Venezuela Crisis Risks Disrupting Global Crude Market

According to the agreement clinched in December, Saudi Arabia alone has reportedly reduced production of crude by almost 400,000 barrels per day to 10.24 million barrels. Venezuela has tried to find alternative customers, especially in Asia, but under USA pressure many buyers there are also shying away from dealing with PDVSA.

Money Ghosn changes defense team, adds high-profile lawyer
Author: 0 Ghosn changes defense team, adds high-profile lawyer

Hironaka, 73, has won several high-profile cases, helping acquit senior lawmaker Ichiro Ozawa and senior bureaucrat Atsuko Muraki. Ghosn , arrested and detained in Tokyo since November 19, has been indicted in Japan on charges of under-reporting his salary at Nissan over 2010-2018.

Money May drags Brexit deal deadline to March
Author: 0 May drags Brexit deal deadline to March

May told Parliament on Tuesday if she had not yet reached a deal in Brussels, she would deliver another progress report on February 26 and provide another chance for parliament to express its opinion on her approach the following day. A working group comprised of both pro and anti-Brexit Conservative MPs has been discussing possible alternatives. "And I set out the UK's position, strengthened by the mandate that this house gave me, that this house needs to see legally binding changes to the ...

Money Lufthansa Is Suing a Passenger Who Skipped Their Flight
Author: 0 Lufthansa Is Suing a Passenger Who Skipped Their Flight

The hack took advantage of the airlines' ticketing system, whereby multi-stop journeys are typically cheaper than non-stop flights. Network carriers such as Lufthansa set their prices based on charging less for more flights. Another risk is that if you miss the first leg of a flight you will be considered a no-show for the others. Germany's largest airline is suing a penny-pinching passenger - in a first-of-its-kind lawsuit - because he ditched his flight at a layover city to save some ...

Money Amid Tesla Model 3 Delivery Issues, Elon Musk is Still Winning Hearts
Author: 0 Amid Tesla Model 3 Delivery Issues, Elon Musk is Still Winning Hearts

Right here's why Mannequin Y has game-changing potential. As this particular job cut was not reported previously, the event could fire up investors' worries regarding dwindling demands of Model 3 vehicles in the United States. Musk may also talk about the new SUV's release and ordering dates during the unveiling. However, Tesla has a reputation for shaking things up in the markets they enter.

Author: 0 Retail inflation cools further to 2.05% in January on easing food prices

This is the sixth straight month where the inflation has remained below the RBI 's medium term target of 4 per cent. Economists in a Reuters poll predicted retail inflation would edge up to 2.48 percent in January from the downward revised December figure of 2.11 percent.

Money Allegiant Airlines announces flights from Wichita to Destin, Florida
Author: 0 Allegiant Airlines announces flights from Wichita to Destin, Florida

Starting in May, Lehigh Valley International Airport will offer direct flights on Allegiant Airlines to and from Nashville, airport officials announced Tuesday. Kelly said in a statement . "We're sure folks in all six of these communities will take advantage of these convenient, ultra-low-cost, nonstop flights to enjoy Music City".

Money Mitsubishi unveils its all-new ASX
Author: 0 Mitsubishi unveils its all-new ASX

The biggest markets are North America, Europe, Australia and China. A mysterious electric SUV isn't the only vehicle Mitsubishi is bringing to the Geneva Motor Show . There are also new colours called Sunshine Orange, Red Diamond and Oak Brown. The Smartphone-link Display Audio (SDA) has been improved, and now offers more advanced connectability.

Money Bezos probe concludes mistress' brother was Enquirer source
Author: 0 Bezos probe concludes mistress' brother was Enquirer source

Michael Sanchez did not immediately respond to The Associated Press' request for comment on Monday. In a January 31 tweet, he said without evidence that Bezos' longtime security consultant, Gavin de Becker, who is leading the private investigation, "spreads fake, unhinged conservative conspiracy theories".