Money

Money Where's The Beef? McDonald's To Test New Beyond Meat Burger In Canada
Author: 0 Where's The Beef? McDonald's To Test New Beyond Meat Burger In Canada

Beyond Meat's chief financial officer, Mark Nelson, stuck up for the unnamed fast-food giant. Beyond Meat's stock shot up 20% in premarket trading. Its patty was made with soy protein, and it had a different bun and different ingredients than the new sandwich. The company sells vegetarian sandwiches elsewhere in the world as well, including Britain, United Arab Emirates, Germany, Finland and Sweden.

Money Wooing investors, PM Modi says more reforms soon
Author: 0 Wooing investors, PM Modi says more reforms soon

The press release added that Modi said India is equally committed to tackling the impact of climate change and supports efforts of the PSIDS to achieve their developmental goals through necessary developmental and technical assistance. The premier confirmed that President Trump has asked him to mediate with Iran. "You have a great PM, he will solve all problem", Trump said, responding to a question from an Indian journalist.

Money Juul CEO Kevin Burns steps down
Author: 0 Juul CEO Kevin Burns steps down

In 2018, Juul struck a deal with Altria , which invested $12.8 billion in Juul for a 35% stake and several board seats, pending antitrust review. The nation's largest e-cigarette maker also pledged Wednesday not to lobby against a sweeping ban on vaping flavours proposed by the Trump administration earlier this month.

Money Kik Interactive Lays Off Developers, Shuts Down the Messenger
Author: 0 Kik Interactive Lays Off Developers, Shuts Down the Messenger

Kik sold its " Kin " tokens to the public, and at a discounted price to wealthy purchasers, raising more than $55 million from USA investors. The SEC subsequently said that Kin has to be registered as a security , something Livingston calls "a risky precendent for the industry".

Money Bitcoin crashes to $8000, dropping more than $1000 in minutes
Author: 0 Bitcoin crashes to $8000, dropping more than $1000 in minutes

It is also worthy to note that the increase in the price of bitcoin throughout 2019 must have influenced the numbers provided by CME Group since the exchange reportedly witnessed a 950% increase in futures contracts following the market resurgence in April.

Money Nissan, Execs Settle SEC Charges Over Undisclosed Compensation
Author: 0 Nissan, Execs Settle SEC Charges Over Undisclosed Compensation

That led to Ghosn, with substantial assistance from his subordinates, excluding more than $90 million in compensation from Nissan's public disclosures to investors, the SEC said. The first hearing in the trial has been set for April. Mr. Ghosn was arrested in Japan and fired by Nissan past year. "Kelly and Ghosn's Nissan subordinates misled Nissan's CFO and Nissan issued a misleading disclosure in connection with the increased pension allowance".

Money WeWork's Adam Neumann to step down as CEO
Author: 0 WeWork's Adam Neumann to step down as CEO

In a statement Neumann said he was "proud of this team and the incredible company that we have built over the last decade". Gunningham and Minson said they "anticipate hard decisions ahead" to protect the company's "long-term interests and health", they wrote in an email to staff reviewed by Bloomberg.

Money Pelosi preparing House action amid growing calls to start the impeachment process
Author: 0 Pelosi preparing House action amid growing calls to start the impeachment process

Former Vice President Joe Biden speaks between Senator Bernie Sanders and Senator Elizabeth Warren during the 2020 Democratic U.S. presidential debate in Houston, Texas, U.S., September 12, 2019. Rep. John Lewis came out in support earlier on Tuesday. She has frequently said she doesn't believe that Americans are there yet. "The president is making lawlessness a virtue in our country", Pelosi said.

Money Trump vows pressure on Iran as Europeans seek United Nations breakthrough
Author: 0 Trump vows pressure on Iran as Europeans seek United Nations breakthrough

Trump also said he would be "forming a coalition of US businesses for the protection of religious freedom", calling it a first of its kind event, and describing it as his "highest priority". The former United States diplomat spoke as more USA allies appeared to get behind the Trump administration's decision to blame Iran for this month's attacks.

Money Vaping Death Toll Climbs as Kansas Man Becomes Ninth E-Cigarette Fatality
Author: 0 Vaping Death Toll Climbs as Kansas Man Becomes Ninth E-Cigarette Fatality

Gov. Laura Kelly announced Monday that a man over age 50 has died. Kansas now has nine probable/confirmed vaping related cases, including the two deaths. In July, the country's National Health Commission said studies showed the aerosol generated by e-cigarettes contains toxic elements and additives pose health risks, according to CNS.

Money Back taxes: Starbucks, Fiat brace for EU court decision on taxes
Author: 0 Back taxes: Starbucks, Fiat brace for EU court decision on taxes

The European Commission has two months to appeal against this ruling. The Dutch cabinet backs the use of advance price agreements because, it says, they encourage job-creating multinationals to set up shop in the Netherlands and stop long disputes about tax bills.

Money Stocks indicate a higher open as trade talks to resume
Author: 0 Stocks indicate a higher open as trade talks to resume

Germany's bond yields were also a touch higher after Monday's dour PMI data had triggered their biggest fall since June. "China trade tensions has eased market fears about an economic downturn", a group of BlackRock's investment strategists wrote in a note.

Money Petrol, Diesel Prices Up Across Country For Seventh Consecutive Day
Author: 0 Petrol, Diesel Prices Up Across Country For Seventh Consecutive Day

On 16 September, the attacks sent oil prices sky-rocketing, with Brent futures up $12 - or almost 20 percent - in the first few minutes of business, while West Texas Intermediate (WTI) jumped more than $8, or 15 percent. Melburnians, who have already started their holidays, copped the highest rise last week, with a jump of 15.2 cents a litre to 147.9 cents a litre. Tensions in the Middle East have escalated since the attack, and the Pentagon has ordered additional USA troops to be deployed ...

Money SoftBank turns against WeWork's parent CEO Neumann
Author: 0 SoftBank turns against WeWork's parent CEO Neumann

Ronald Fisher, vice chairman at Softbank, and Mark Schwartz, former board director at Softbank, joined the company's board as part of a 2017 $4.4 billion investment in We by Softbank. Last week it delayed the proposed initial public offering after its prospective valuation was repeatedly slashed to as low as two thirds of its previous $47bn valuation, leaving it racing against time to hit an end-of-year deadline.

Money Fed in three voices: recession, bubbles, and 'in a good place'
Author: 0 Fed in three voices: recession, bubbles, and 'in a good place'

The Fed reduced its target overnight policy rate by a quarter of a percentage point on Wednesday, to a level of between 1.75 per cent and 2.0 per cent, to offset slowing global growth and risks associated in part with President Donald Trump's trade battles with China.

Money Oil gains on Saudi supply disruption, Mideast tensions
Author: 0 Oil gains on Saudi supply disruption, Mideast tensions

Iran denies responsibility and has warned any retaliatory attack targeting it will result in an "all-out war". Mr Rouhani also said Iran would present a new Gulf peace initiative at the United Nations in the coming days. The U.S. and Europe have diverged sharply on how to deal with Iran. Senior Emirati foreign ministry official Anwar Gargash said the UAE will in NY "emphasise the primacy of diplomacy".

Money UK says Iran responsible for attack on Saudi Arabian oil facilities
Author: 0 UK says Iran responsible for attack on Saudi Arabian oil facilities

His comments after President Trump announced on Friday that he would send additional troops to the Middle East and bolster air and missile defense systems after the attack on Saudi oil facilities on September 14. Agreeing with the assessment from top Trump administration officials in recent days, former Secretary of State John Kerry said he believes the Iranian government was involved in the recent attacks on an oil processing plants in Saudi Arabia.

Money Walmart to stop selling electronic cigarettes at its USA stores
Author: 0 Walmart to stop selling electronic cigarettes at its USA stores

Officials with the U.S. Centers for Disease Control and Prevention do not know what is causing the illness, but believe that it may be linked to a chemical ingredient in the vaping products. Shahab said if you don't smoke tobacco products, he encourages you to avoid vaping. And the national CDC's investigation into the illness has not identified any common link among all the reported cases, such as a specific refill pod, cartridge or liquid.

Money Iran tells West to leave Persian Gulf amid heightened tension
Author: 0 Iran tells West to leave Persian Gulf amid heightened tension

Speaking to reporters before boarding his flight, Rouhani said his delegation was heading to the United Nations gathering despite reluctance from President Donald Trump's administration to issue them visas. "If they are truthful and really seek security in the region, they must not send weapons, fighter jets, bombs and risky arms to the region". The Houthi rebels - a Shia militia engaged in a protracted civil war against the internationally recognized Yemeni government - claimed ...

Money Amazon orders 100,000 electric vans from Plymouth auto company Rivian
Author: 0 Amazon orders 100,000 electric vans from Plymouth auto company Rivian

As part of the ramped-up effort, Bezos said Amazon had agreed to purchase 100,000 electric delivery vans from vehicle startup Rivian , to help cut its carbon footprint. In May, over 7,600 employees signed a letter asking Amazon how it planned to respond to climate change. Reaching the net zero carbon emission goal means Amazon can technically still rely on fossil fuels by 2040 -as long as the company is offsetting the carbon emission in other ways.

Money Thomas Cook Shuts Down, Leaves Passengers Stranded
Author: 0 Thomas Cook Shuts Down, Leaves Passengers Stranded

He said a deal had been "largely agreed" but that "an additional facility" requested in the last few days presented an insurmountable challenge but provided no further details. It only recently raised 900 million pounds ($1.12 billion), including from leading Chinese shareholder Fosun. "Despite huge uncertainty over recent weeks, our teams continued to put customers first, showing why Thomas Cook is one of the best-loved brands in travel ".

Money Thomas Cook battles for survival with final creditor meeting
Author: 0 Thomas Cook battles for survival with final creditor meeting

But ministers are unlikely to step in due to worries about the pioneering operator's longer-term viability, the Times reported yesterday, leaving it on the brink of collapse and stranding up to 150,000 British holidaymakers overseas. Campaigners called for ministers to hand Thomas Cook the £200million it says it needs to survive, with trade unions warning the jobs of numerous travel firm's 21,000 staff were at risk.

Money Facebook Suspends ‘Tens of Thousands’ of Apps For Privacy Violations
Author: 0 Facebook Suspends ‘Tens of Thousands’ of Apps For Privacy Violations

The Cambridge Analytica revelation set off what became arguably the most damaging year in Facebook's history, which included multiple congressional hearings and a probe by the Federal Trade Commission that led to a $5 billion fine. Many were not live but were still in their testing phase when we suspended them. Facebook CEO Mark Zuckerberg in D.C. this week for meetings on technology regulations and social media issues.

Money Airbnb plans stock market listing in 2020
Author: 0 Airbnb plans stock market listing in 2020

However, Blecharczyk disclaimed that just because they are preparing, it doesn't necessarily mean that they will immediately be going public. In a direct listing , a company lists shares on a public market without raising any additional capital.

Money Petronet signs MoU with Tellurian for LNG import through equity investment
Author: 0 Petronet signs MoU with Tellurian for LNG import through equity investment

Sources told Reuters on Friday that Petronet would sign a memorandum of understanding with Tellurian to invest $2.5 billion for rights of up to 5 million tonnes a year of LNG over the lifespan of the Driftwood project. PM Modi has also targeted to raise the share of natural gas in the Indian energy mix from 6.5% to 15% in the next few years. PM Narendra Modi just concluded a fruitful interaction with top energy sector CEOs at a Roundtable meeting in Houston .

Money Microsoft authorizes $40bn of share buybacks, raises dividend
Author: 0 Microsoft authorizes $40bn of share buybacks, raises dividend

Looking at the share buyback program, Microsoft has previously initiated buybacks before. The company bought back shares worth $19.54 billion a year ago. "The new share repurchase program, which has no expiration date, may be terminated at any time", the company said in its press release on Wednesday.

Money Google plans to invest 3 billion euros in Europe
Author: 0 Google plans to invest 3 billion euros in Europe

The company plans to more than double its global solar portfolio, with investments in solar farms in North Carolina, South Carolina and Texas. He adds that, "we are witnessing a drastic decline in the cost of solar power, together with strong growth in onshore wind".

Money Impossible Burger to sell in grocery stores at select locations
Author: 0 Impossible Burger to sell in grocery stores at select locations

Burger King serves up the Impossible Whopper , White Castle offers an Impossible Slider , and Red Robin is the largest restaurant chain in the country to carry the Impossible Burger . After its debut at Gelson's, the Impossible Burger will make its way to East Coast grocery stores in late September. Tyson Foods, an early investor in Beyond Meat, just bought into the plant-based shrimp company, New Wave Foods, through its venture capital arm.

Money Global Youth Climate Strike Expected To Draw Large Crowds
Author: 0 Global Youth Climate Strike Expected To Draw Large Crowds

In an interview published by The Associated Press on Saturday, Thunberg was asked for her impression about the political situation in the United States around climate change. Globally, 72 trade unions and federations are supporting the strikes. But many California districts, including Oakland and San Francisco Unified, are not excusing absences for students who choose to walk out, the San Francisco Chronicle reported .

Money Elon Musk Didn't Mean To Accuse UK Diver Of Being A Paedophile
Author: 0 Elon Musk Didn't Mean To Accuse UK Diver Of Being A Paedophile

The scarcely-believable exchange made worldwide headlines, and Unsworth was quick to file a case of defamation against the tech whizz. Court documents filed Monday reveal the lengths Musk went to prove that he was justified in calling Unsworth a "pedo guy" - including hiring a private investigator to compile a dossier on him.