Money


MyHeritage admits 92 million user email addresses were leaked MyHeritage admits 92 million user email addresses were leaked
- June 06, 2018

Deutsch said that the site learned of the breach only yesterday after an unnamed security researcher contacted the company. "Since Oct. 26, 2017 (the date of the breach) and the present we have not seen any activity indicating that any MyHeritage accounts had been compromised". (more...)
IHOP is changing its name to IHOb IHOP is changing its name to IHOb
- June 06, 2018

Though the restaurant may be dropping the "P" from its name, it promised that the pancakes on its menu aren't going anywhere and reassured skeptical followers that the name change was legitimately happening. Although some Twitter users initially speculated that the tweet might have been a clever PR stunt to drum up interest for the breakfast chain, a spokesperson for IHOP confirmed to the New York Post that the tweet was serious. (more...)
Tesla shareholders meeting: What kind of show will Elon Musk put on? Tesla shareholders meeting: What kind of show will Elon Musk put on?
- June 06, 2018

Elon Musk has survived a bid to strip him of a key role at Tesla as shareholders re-elected three directors to the electric auto maker's board. Tesla's board of directors did not support the proposal and said Musk's role as the company's chairman has been essential to Tesla's success so far and will allow the company to quickly adapt to new challenges . (more...)
HBC reports wider loss, will close some Lord & Taylor stores HBC reports wider loss, will close some Lord & Taylor stores
- June 06, 2018

She said the 13 new Hudson's Bay stores in the Netherlands, that banner's first foray outside of Canada, had not met internal targets. Now, she is starting to put her stamp on HBC, having appointed some new executives - including former CVS managers - and sending a strong signal that she is ready to make big, bold moves at HBC to revive its struggling business. (more...)
Google plans not to renew controversial military AI contract Google plans not to renew controversial military AI contract
- June 06, 2018

Google will reportedly end its help for the US Pentagon over the little-known drone project called Project Maven , when the contract expires in March 2019. Of course, this move disappointed a lot of Google employees and nearly everyone who believed in the " Don't be evil " tagline of the company. This has been a challenge for the company, because of it lacking government authorisation to hold sensitive data and the footage gathered by the military drones in Google Cloud. (more...)
Kudlow: Trump Is 'Seriously Contemplating' Separate Trade Deals with Mexico and Canada Kudlow: Trump Is 'Seriously Contemplating' Separate Trade Deals with Mexico and Canada
- June 06, 2018

The Trump administration said on Thursday it was moving ahead with tariffs on aluminum and steel imports from Canada, Mexico and the European Union, ending a two-month exemption and setting the stage for a possible trade war. Kudlow says Trump "hates multilateral" treaties. "Canada's a different country than Mexico". On Friday, Trump said he might prefer to end NAFTA in favor of separate bilateral agreements with the two USA neighbors. (more...)
US Asks OPEC for 1 Million Barrel a Day Output Hike US Asks OPEC for 1 Million Barrel a Day Output Hike
- June 06, 2018

The rare request came after USA retail gasoline prices surged to their highest in more than three years and President Donald Trump publicly complained about OPEC policy and rising oil prices on Twitter. Both benchmarks were pressured by the expectation that the Organization of the Petroleum Exporting Countries (OPEC), which has led output cuts of about 1.8 million barrels per day (bpd) since January 2017, would soon boost output. (more...)
David Koch leaving politics, business due to declining health David Koch leaving politics, business due to declining health
- June 05, 2018

The Rust Belt has been one of the hardest regions hit because of US free trade with Mexico. President Donald Trump faced pushback today from Republican lawmakers, an influential GOP group and foreign leaders over his tough negotiations that are hitting China, Canada and Mexico with tariffs amid fears of a trade war. (more...)
Britain clears way for Murdoch to battle Comcast for Sky Britain clears way for Murdoch to battle Comcast for Sky
- June 05, 2018

Fox has been chasing approval from United Kingdom regulators since 2016 to buy the 61% of Sky it does not already own. The decision paves the way for Fox to battle rival Comcast to buy the European pay-TV company. However, US media giant Comcast waded into the bidding in February with a £22bn offer for Sky, trumping Fox's offer, which valued the broadcaster at £18.5bn. (more...)
Eye on Trump strongholds, Mexico hits back with pork, bourbon tariffs
- June 05, 2018

Dr Fox, who over the weekend called the tariffs "wrong and illegal", warned on Monday the tariffs could lead to other countries following suit. The campaign, launched by Freedom Partners Chamber of Commerce, Americans for Prosperity and the LIBRE Initiative, all groups funded by the Charles and David Koch , will consist of advertisements, lobbying efforts and grassroots organization. (more...)
Qatar Airways boss says only a man could do his 'challenging' job Qatar Airways boss says only a man could do his 'challenging' job
- June 05, 2018

Qatar Airways" chief sparked disbelief on Tuesday by saying his carrier was led by a man because "it is a very challenging position' - even as airline bosses admitted more women should be in top roles. "I was only referring to one individual ", he said. The organisation now has just two female CEOs on its 31-member board - Christine Ourmieres-Widener of British budget airline Flybe and Air Europa's Maria Jose Hidalgo Gutierrez, who was added on Tuesday. (more...)
Virgin Money receives improved offer from Clydesdale Bank owner Virgin Money receives improved offer from Clydesdale Bank owner
- June 05, 2018

Under the revised terms, Clydesdale (known as CYBG) has nudged up its valuation on Virgin, so that Virgin shareholders would own 38 per cent of the combined group, up from 36.5 per cent previously. Virgin Money, which was founded in 1995, expanded its business in 2011 when it bought the remnants of Northern Rock for about £747m. Given that the two boards are in discussions, Greenwood said "there is goodwill on both sides of the fence for a deal to proceed", and he expects the offer to be ... (more...)
Apple's new 'digital wellbeing' tools aim to help reduce screen time Apple's new 'digital wellbeing' tools aim to help reduce screen time
- June 05, 2018

Apple is including a new AR measurement tool, which takes the form of the Measure app. Apps can now be programed to extend their functionality into Siri so that you can issue voice commands related to them. Notably, watchOS 5 does not support the original 2015 version of the Apple Watch. You'll also be able to see which Mac apps are most popular with top charts. (more...)
Average Perth petrol prices higher than Sydney in last three months Average Perth petrol prices higher than Sydney in last three months
- June 05, 2018

Over this period Brisbane retail prices were on average 3.2 cpl higher than the average across the other four largest cities (ranging from a high of 5.2 cpl in the June quarter 2016 to a low of 1.3 cpl in the September quarter 2016). "Our first industry report showed that retailers' prices are not the same-retailers do price differently and have different strategies to get you to fill up with them". (more...)
Hamilton's Burlington Street East tops CAA's list of worst roads in Ontario Hamilton's Burlington Street East tops CAA's list of worst roads in Ontario
- June 05, 2018

Catherines and Lockhart Road in Innisfil. Fear not, Sudbury's Lorne Street and Maley Drive still hold down the second and third worst roads rankings in Northern Ontario, with each sliding one spot in the rankings from a year ago. 14% of people say its the lack of cycling infrastructure, and 10% blame the street's constant congestion. "It's clear from the results of this year's CAA Worst Roads campaign, that there are several roads that continue to be an issue for the public despite appearing ... (more...)
Starbucks employees react to racial bias training on social media Starbucks employees react to racial bias training on social media
- June 05, 2018

Now, Starbucks is grinding down, learning techniques the company will use to train new hires in the future. Johnson said executives at other companies have asked him about the training, which he said he sees as validation for Starbucks's efforts. (more...)
Undertaker to Return to WWE at Madison Square Garden Show in July Undertaker to Return to WWE at Madison Square Garden Show in July
- June 05, 2018

After a loss to Roman Reigns at WrestleMania 33 a year ago, everyone thought that The Undertaker was retired and that his career was done. A few weeks earlier, he made short work of John Cena at WrestleMania . There will be a chill in the air in New York City on Saturday, July 7, when The Undertaker competes in Madison Square Garden as part of the WWE Live SummerSlam Heatwave Tour . (more...)
Asian shares languish as Italian turmoil hits world markets Asian shares languish as Italian turmoil hits world markets
- June 05, 2018

Jitters about the makeup of Italy's next government and the possibility of a special election pitting Rome's current leadership against anti-establishment and anti-euro populists sparked a big drop in USA stocks Tuesday. At the close the UK's FTSE 100 fell nearly 1.3%, while Germany's Dax was down 1.5% and France's Cac 1.3% lower. The dollar index, which tracks the greenback against a basket of six currencies, was down almost half a percent on Wednesday to a session low of 94.236, below ... (more...)
Starbucks chairman Howard Schultz stepping down Starbucks chairman Howard Schultz stepping down
- June 05, 2018

I intend to think about a range of options, and that could include public service. There has been speculation that Schultz is retiring from Starbucks to attempt a run for the 2020 Democratic presidential nomination. "Please remember, Starbucks is at its best when our stores and offices are welcoming places for everyone" he said in his letter . Schultz, 64, has been with Starbucks for almost four decades and built it into one of the world's most powerful global brands. (more...)
Michael Rotondo, 30-Year-Old Evicted From Parents' Home, Finally Moves Out Michael Rotondo, 30-Year-Old Evicted From Parents' Home, Finally Moves Out
- June 04, 2018

The 30-year-old man from Camillus, N.Y., moved out on Friday - the court-ordered deadline for his eviction. Michael Rotondo told Syracuse.com on Friday he had called the police because he believed his 8-year-old son's Legos were inside the home and his father was refusing to allow him to search for them, offering to look around himself instead. (more...)

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