Money


NYC votes to cap Uber and Lyft vehicles NYC votes to cap Uber and Lyft vehicles
- August 09, 2018

The cap will halt new ride-hailing vehicle licenses for one year while the council investigates how to mitigate issues that came with the influx of companies like Uber and Lyft , mostly related to congestion and driver wages. "These sweeping cuts to transportation will bring New Yorkers back to an era of struggling to get a ride, particularly for communities of color and in the outer boroughs", said Joseph Okpaku, Lyft's vice president of public policy, in an emailed statement. (more...)
Chinese exports accelerate as fresh United States tariffs loom Chinese exports accelerate as fresh United States tariffs loom
- August 09, 2018

China's surplus with the United States shrank marginally to $28.09 billion last month from a record $28.97 billion in June. China's Commerce Ministry called the US decision to place the latest round of tariffs on Chinese goods "unreasonable", and said it chose to take counter measures, matching the tariffs in percentage and value. (more...)
Oil Prices Slide As China Imposes 25 Tariff On U.S
- August 08, 2018

The trade war between the USA and China continues to escalate, with China slapping a 25% tariff on another $16 billion worth of US goods. Washington already imposed tariffs on $34 billion in Chinese products on July 6 . The world's two biggest economies are locked in a trade dispute. Chinese data on Wednesday showed exports to the USA rose 13.3% in July to $41.5 billion against a year ago. (more...)
Doubts grow over Elon Musk’s master plan to take Tesla private Doubts grow over Elon Musk’s master plan to take Tesla private
- August 08, 2018

Tuesday, Twitter and most of the rest of the internet freaked out over news that Elon Musk wanted to take Tesla private at $420 per share. Other board members mentioned in the statement included Robyn Denholm, Ira Ehrenpreis, Antonio Gracias and Linda Johnson Rice. (more...)
India's love affair with United States crude intensifies amid Iran puzzle India's love affair with United States crude intensifies amid Iran puzzle
- August 08, 2018

The West Texas Intermediate for September delivery rose 0.16 US dollar to settle at 69.17 dollars a barrel on the New York Mercantile Exchange, while Brent crude for October delivery added 0.90 dollar to 74.65 dollars a barrel on the London ICE Futures Exchange. (more...)
Saudi billionaire takes stake in Snap Saudi billionaire takes stake in Snap
- August 08, 2018

Its revenue was $262 million (around Rs. 1,800 crores) in the second quarter, beating the average estimate of $250.43 million (roughly Rs. 1,700 crores), as average revenue per user surged to $1.40 (roughly Rs. Snapchat ad prices are down 90 percent in the past two years as it adopts automation, which typically drives down pricing. "It has been approximately six months since we broadly rolled out the redesign of our application, and we have been working hard to iterate and improve Snapchat ... (more...)
Trump says tariffs 'working far better' than anticipated Trump says tariffs 'working far better' than anticipated
- August 08, 2018

The move was meant to bring China back to the negotiating table for talks over US demands for structural changes to the Chinese economy and a cut in the bilateral trade deficit. "We are using them to negotiate fair trade deals and, if countries are still unwilling to negotiate, they will pay us vast sums of money in the form of Tariffs", he wrote. (more...)
Tesla shares rise 11 percent after Musk's shocking tweet Tesla shares rise 11 percent after Musk's shocking tweet
- August 08, 2018

Tesla shareholders would need to vote in favor of going private before the decision is finalized, Musk concluded. Tesla boss Elon Musk has suggested via Twitter that he is "considering" taking the electric vehicle firm private. Musk has lashed out at critics and investors who have shorted the stock, going so far as to call one prominent critic's employer to silence him, and refusing to take a hard question from a financial analyst in the company's June shareholder meeting. (more...)
Premier Doug Ford Announces Return of 'Buck-a-Beer' to Ontario Premier Doug Ford Announces Return of 'Buck-a-Beer' to Ontario
- August 08, 2018

To provide incentives for brewers to lower their prices, the government is creating what it calls the buck-a-beer challenge, which will provide participating breweries with incentives at the provincially-owned LCBO stores. "The premier is asking beer producers to lower their prices down to a dollar". "After spending weeks ripping up contracts and curriculums, dismantling climate plans and pilot projects, this is the first time the premier has actually given us something. (more...)
Accredited Investors Inc. Purchased New Stocks in Tesla Inc (TSLA) Accredited Investors Inc. Purchased New Stocks in Tesla Inc (TSLA)
- August 07, 2018

About 14.43 million shares traded or 69.03% up from the average. Baillie Gifford & Co. raised its holdings in Tesla by 3.1% during the 2nd quarter. (NASDAQ: TSLA ). The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The shares were sold at an average price of $359.27, for a total value of $1,077,810.00. (more...)
Elon Musk considers taking Tesla private in tweet, shares rise Elon Musk considers taking Tesla private in tweet, shares rise
- August 07, 2018

He implied the funding values the company at $420 a share. It was not clear if Musk was serious, as he has a history of erratic tweets, and the company did not immediately respond to request for comment. The tweets have added to speculation about Tesla , which is spending heavily as it ramps up production of its latest auto, the Model 3. A short squeeze is a trading scenario that occurs from time to time in heavily shorted stocks, when bearish traders are forced to buy shares to avoid big ... (more...)
Fetus found on plane from Charlotte to NY Fetus found on plane from Charlotte to NY
- August 07, 2018

After the aircraft - an Airbus A321 - remained on the ground overnight, a cleaning crew came on board ahead of the plane's planned Tuesday departure. One of the attendants noticed a large amount of toilet paper in one of the plane's lavatory toilets. (more...)
Facebook Asks Banks to Share Customer Information Facebook Asks Banks to Share Customer Information
- August 07, 2018

At a time when Facebook's data management is under intense scrutiny, this news is unlikely to be greeted enthusiastically by customers of those banks called out in the story - JPMorgan Chase , Wells Fargo , Citigroup , and U.S. The primary concern among many banks and individual customers with regards to Facebook's latest attempts at expansion is data privacy . In an effort to better protect user data , the company earlier in March said it ended "Partner Categories", which let advertisers ... (more...)
CEO Brian France Name-Drops Donald Trump During Reported Arrest — NASCAR Rumors CEO Brian France Name-Drops Donald Trump During Reported Arrest — NASCAR Rumors
- August 06, 2018

Sunday night, Sag Harbor police said in a press release. Police suspected that the NASCAR CEO was intoxicated and found oxycodone pills on his person. In a statement to ESPN , the auto racing company said it is aware of the situation and is gathering more information. NASCAR was founded by France's grandfather, Bill France Sr., in 1948. (more...)
PepsiCo CEO Indra Nooyi steps down, Ramon Laguarta to take over PepsiCo CEO Indra Nooyi steps down, Ramon Laguarta to take over
- August 06, 2018

Nooyi will step down October 3 after serving 24 years with the company and will remain chairman until early 2019, the company said . Under Nooyi's leadership, PepsiCo witnessed a net revenue growth from $35 billion in 2006 to $63.5 billion in 2017 and a compound annual growth rate of 5.5%. (more...)
FCA files plea to stop sale of Mahindra Roxor in USA FCA files plea to stop sale of Mahindra Roxor in USA
- August 06, 2018

However, the Mahindra Roxor might wear retro Jeep styling but it's a "side-by-side" off-roader that is not road-legal, limited to a 72km/h top speed and aimed at farmers and recreational users, priced from about $US15,000 - much less than the Willy's spiritual successor, the Jeep Wrangler . (more...)
GOP strategist: Trump will be anchor around Republicans' necks in 2020 GOP strategist: Trump will be anchor around Republicans' necks in 2020
- August 06, 2018

Among the current and former professional athletes jumping to James' support in support of James on Saturday was "Mike", also known as National Basketball Association legend Michael Jordan, who said in a statement: "I support LeBron James". (more...)
Oil prices decline amid rising USA inventories Oil prices decline amid rising USA inventories
- August 05, 2018

The unexpected build in the United States crude stockpiles, as published by the Energy Information Administration (EIA) on Wednesday, keeps the sentiment around the barrel of WTI undermined. The combination of crumbling Venezuelan oil production and the aggressive US efforts to curtail Iranian exports is going to tighten the market. Our outlook on crude oil remains neutral. (more...)
Ryanair Irish pilots to join widening strike on August 10 Ryanair Irish pilots to join widening strike on August 10
- August 05, 2018

Disagreements between the union and Ryanair over promotions and seniority have continued. Trade union Forsa, of which the Irish Air Line Pilots' Association (IALPA) is a branch, said directly employed Ryanair pilots in Ireland would stage their fifth one-day strike since July 12 beginning at 0100 on August 10 in an ongoing dispute about working conditions including base transfers. (more...)
U.S. payrolls rise by 157000; unemployment ticks down to 3.9% U.S. payrolls rise by 157000; unemployment ticks down to 3.9%
- August 05, 2018

The pace of job growth was below economists' predictions that about 195,000 jobs would be added last month, but the Labor Department revised employment growth even higher for May and June, meaning the three-month average for job gains is 224,000, a very healthy pace at this stage of the recovery. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 1200 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 1296 1297 1298 1299 1300 1301 1302 next »