Money

Money More Than 1M Honda Vehicles Being Recalled Because Of Dangerous Air Bags
Author: 0 More Than 1M Honda Vehicles Being Recalled Because Of Dangerous Air Bags

The chemical used in the air bag inflators can burn too fast and blow apart a metal canister, hurling shrapnel into drivers and passengers. So far, 23 people have been killed because of this malfunction. The recall covers certain Honda and Acura models largely in the United States and Canada. Also covered are Acura luxury models including the MDX from 2003 through 2006, the EL from 2001 through 2005, the TL from 2002 and 2003 and the CL from 2003.

Author: 0 Import Ban On Genetically Modified Salmon In U.S. Lifted

Congress said rules on how genetically modified food is labeled had to be implemented first. A type of salmon that has been genetically modified to grow quickly is one step closer to the market, thanks to the US Food and Drug Administration's decision to lift restrictions on the fish's entry into the country.

Money Nissan cuts two models from Sunderland plant
Author: 0 Nissan cuts two models from Sunderland plant

Infiniti will withdraw from Europe in early 2020. However, the plan is the latest blow to the workers at the Sunderland plant, the UK's largest vehicle factory, after Nissan previously announced plans to build its new X-Trail in Japan.

Money Court 'bars Ghosn from attending' Nissan board meeting
Author: 0 Court 'bars Ghosn from attending' Nissan board meeting

The restrictions say he cannot tamper with evidence, and attending the board meeting could be seen as putting pressure on Nissan employees. The Tokyo District Court said it rejected Ghosn's request on Monday but did not elaborate on the reasons.

Money Lucky Streak: Virginia Woman Wins Lottery 30 Times in One Day
Author: 0 Lucky Streak: Virginia Woman Wins Lottery 30 Times in One Day

Later that day, much to her surprise, "1-0-3-1" was read out as the winning sequence - and she netted a $150,000 check. Brown said as the day progressed, she began to notice the same series of numbers appearing everywhere she looked. She recently picked her check for $150,000. Brown said she does not have "immediate plans" on how to spend her newfound fortune, but she is thinking long-term about using the money for home improvement projects.

Money Crude oil prices bounce 0.13% on global cues
Author: 0 Crude oil prices bounce 0.13% on global cues

On Jan. 1, OPEC+ began new production cuts to avoid a supply glut that threatened to soften prices. "The decrease in net crude oil imports (December, 2018) was driven primarily by lower imports from Saudi Arabia (down 160,000 bpd month-on-month) and higher exports to Asian countries such as South Korea (up 200,000 bpd month-on-month), China (up 90,000 bpd month-on-month) and India (80,000 bpd month-on-month)", Barclays bank said.

Money #BreakUpBigTech: Elizabeth Warren says Facebook just proved her point
Author: 0 #BreakUpBigTech: Elizabeth Warren says Facebook just proved her point

In a rather odd decision, Warren's 2020 president campaign chose to run ads about breaking up Facebook's monopoly on the social media website. Facebook removed several ads Democratic Massachusetts Sen. "It's for people who are tech entrepreneurs it's for people who have small businesses and want to grow big businesses, it's for people who have medium-sized businesses and want to grow them", Warren added that she does not want large tech firms to use their information and power to stile ...

Money Leave Means Leave To Demand Euro Elections If Brexit Is Delayed
Author: 0 Leave Means Leave To Demand Euro Elections If Brexit Is Delayed

A rump of Brexiteers will require public assurance from the attorney general, who's said to be agonising, that the update to the European Union divorce deal has real meaning - and is not just a rickety set of steps to climb down. "If she doesn't she will forfeit the confidence of the House of Commons". He added: "I think a meaningful vote with an addendum saying this House will support a deal if such and such is done might be a way of uniting the party or limiting the scale of the defeat".

Author: 0 Trump budget seeks 5 percent cut in non-defense spending: OMB

The fiscal 2020 proposal sees the deficit expanding to $1.1 trillion for 2019 and 2020, when Trump will run for re-election. The politically contentious declaration would circumvent Congress, although there's no guarantee Trump will be able to use the money in the face of a legal challenge from California and other states.

Money Nvidia Outbids Intel To Buy Mellanox For $6.9B
Author: 0 Nvidia Outbids Intel To Buy Mellanox For $6.9B

Israeli startup Mellanox, which has a market value of around $5.9 billion, is mostly focused on selling networking hardware based on the Ethernet and InfiniBand communications protocols used for servers and storage within data centers. " The emergence of AI and data science, as well as billions of simultaneous computer users, is fueling skyrocketing demand on the world's data centres ", said Jensen Huang, founder and CEO of Nvidia.

Money Tesla decides to keep more stores open and raise prices instead
Author: 0 Tesla decides to keep more stores open and raise prices instead

Instead, the company will save cash by increasing the prices of every auto in its range except the $35,000 (around £26,400, AU$49,300) version of the Model 3 . "In addition, there are another 20 percent of locations that are under review, and depending on their effectiveness over the next few months, some will be closed and some will remain open".

Money Australian police seizes 30KG in drugs and $2M from cryptocurrency crime ring
Author: 0 Australian police seizes 30KG in drugs and $2M from cryptocurrency crime ring

It was then on March 7, 2019, the AFP officers executed search warrants in the Melbourne suburbs of Bulleen, Templestowe Lower, and Malvern, seizing steroids, Australian currency, and "cryptocurrency-related items". Following the arrest, Austrac said it suspended the registration of two digital currency exchange businesses where the man was a key member, removing their ability to continue to conduct business.

Money Rio Tinto plc, (NYSE: RIO)
Author: 0 Rio Tinto plc, (NYSE: RIO)

As a result, the company has an EPS growth of -6.92% for the approaching year. The company's EPS growth rate for past five years was 38.70%. The book to market ratio is the current share price of a company divided by the book value per share.

Money Trump expected to seek $8.6B for border wall in new budget
Author: 0 Trump expected to seek $8.6B for border wall in new budget

Trump will request the additional $8.6 billion on Monday, making his latest budgetary demand more than six times what the U.S. Congress allocated for southern border projects during each of the past two fiscal years. He's going to stay with his wall and he's going to stay with the border security theme. "So I don't think that's a burden on the economy". But the Democratic-controlled House approved a resolution blocking the declaration .

Money World’s biggest wealth fund is dumping oil and gas stocks
Author: 0 World’s biggest wealth fund is dumping oil and gas stocks

Norwegian lawmakers will vote on the proposal to divest from oil and gas companies later this year. The Norwegian government, which gets 20 percent of its revenue from the petroleum sector, said Friday it wants to reduce its vulnerability to a permanent decline in the price of oil.

Money Britain will not accept Brexit deal that puts union at risk: Lewis
Author: 0 Britain will not accept Brexit deal that puts union at risk: Lewis

And the DUP's deputy leader, Nigel Dodds, said on Friday: "This is neither a realistic nor a sensible proposal from Michel Barnier ". In an interview with the Financial Times, he urged Tory MPs to back the Withdrawal Agreement anyway, saying it would enable him to start spending the "insurance fund" built up in case of a no-deal break.

Money Canada sees second straight monthly employment surge with 55900 net new jobs
Author: 0 Canada sees second straight monthly employment surge with 55900 net new jobs

However, Alberta's oil and gas sector wasn't actually a contributing factor in the increased unemployment rate , as that industry saw an increase in 2,600 jobs over the past month. In a speech on Thursday, central bank deputy governor Lynn Patterson highlighted Canada's strong employment numbers as one bright spot in a mixed bag of economic data.

Money Porsche Taycan clocks 20,000 pre-order options
Author: 0 Porsche Taycan clocks 20,000 pre-order options

In 2018, Porsche's head of electric vehicles, Stefan Weckbach, said the Taycan will be able to sustain its performance better than the Model S. The Taycan "will offer reproducible performance and a top speed which can be maintained for long periods", he said.

Money Airbnb to Buy HotelTonight, Pushing Deeper into the Hotel Industry
Author: 0 Airbnb to Buy HotelTonight, Pushing Deeper into the Hotel Industry

Terms of the deal for HotelTonight , a mobile application which connects users to hotels for last-minute bookings, were not disclosed. Airbnb introduced boutique hotels to its platform in early 2018, and according to TechCrunch , it has boasted quick growth, more than doubling the number of boutique hotels, B&B's, and resorts available a year ago.

Money Tesla reaches China bank-loan agreement for gigafactory
Author: 0 Tesla reaches China bank-loan agreement for gigafactory

Chief Executive Officer Elon Musk estimated in January that Tesla will need roughly US$500 million to get the plant built and production ramped up to 3,000 Model 3s a week. Auto sales in China have hit a slump, falling for the ninth straight month in February after recording the first annual drop in more than two decades past year.

Money Bank of Canada keeps rates unchanged on weaker economic outlook
Author: 0 Bank of Canada keeps rates unchanged on weaker economic outlook

The bank meets eight times a year to set its interest rate, which filters down into the rates that Canadians get on things like savings accounts and mortgages. The surprise was that so many other economic engines sputtered. "Both exports and business investment also fell short of expectations". "Our base case is for a very subdued growth environment".

Money At least 30 injured on Turkish Airlines flight to JFK
Author: 0 At least 30 injured on Turkish Airlines flight to JFK

A Turkish Airlines passenger jet traveling from Istanbul to NY hit severe turbulence on Saturday as it approached its destination, with 30 people suffering injuries before it landed safely, officials said. The Port Authority spokesman says other airport operations were not affected. The plane was carrying more than 300 passengers and crew members.

Money European Central Bank cuts growth, inflation forecasts
Author: 0 European Central Bank cuts growth, inflation forecasts

Both the S&P 500 and the Dow Jones Industrial Average fell more than 1 percent, putting American stocks on track for their worst week of the year. This week, China cut its goal for economic expansion, the Bank of Canada dialed back its expectations for policy tightening and the OECD lowered its global outlook.

Money Ex-Nissan CEO Carlos Ghosn is out on bail, out of jail
Author: 0 Ex-Nissan CEO Carlos Ghosn is out on bail, out of jail

Ghosn's reputation and I am sorry for it", lawyer Takashi Takano said on his blog. The crowd of media that had been at the facility, waiting for hours, spotted Ghosn despite his outfit and followed the van he entered across town in a spectacle broadcast live on television.

Money Mega Millions numbers: Did you win Friday's $45 million lottery jackpot?
Author: 0 Mega Millions numbers: Did you win Friday's $45 million lottery jackpot?

Weirsky got divorced about five months ago. Mike Weirsky , 53, and Eileen Murray, 53, in an undated file photo. "I just put the ticket back down, watched TV for about another half-hour". "I had to deny it before I even went", he said. "If you think about it, it's very hard to say who owns a lottery ticket, short of someone coming in here and saying, 'I purchased this ticket, it's mine, ' " he said.

Money Walmart's disabled employees at risk as 'store greeters' phase out announced
Author: 0 Walmart's disabled employees at risk as 'store greeters' phase out announced

Jay Melton of Marion, North Carolina , has worked as a greeter for nearly 17 years. "I seriously wonder this", she continued. Foran also cited Walmart's receiving a 100% score by the Disability Equality Index for three years in a row. "I feel relieved", Goodwin said. "Walmart has chose to change its "greeters" into "customer hosts". And because not all disabilities are the same, each case requires a thoughtful solution", Foran wrote.

Money Airbnb to buy HotelTonight, marking company’s biggest acquisition
Author: 0 Airbnb to buy HotelTonight, marking company’s biggest acquisition

San Francisco-based HotelTonight offers last-minute hotel bookings, seeking to tap into unused inventory largely in urban areas, and the app has been a travel-industry darling since it launched in 2010. The acquisition of HotelTonight is notable among Airbnb's acquisition history. The availability of boutique hotels-as well as private rooms and entire homes that are instantly bookable-helps ensure authentic, high-quality stays are available on-demand, particularly at the last minute.