Money


Ryanair cancels around 250 flights amid strikes Ryanair cancels around 250 flights amid strikes
- October 01, 2018

The airline had already canceled 150 of the 2,400 European flights scheduled for Friday, but the announcement of strikes by pilots from Germany's Vereinigung Cockpit pilots' union (VC) has caused the airline to cancel additional flights. (more...)
President Trump's Nafta deal with Canada imminent President Trump's Nafta deal with Canada imminent
- October 01, 2018

Chevrolet Equinox SUVs are parked awaiting shipment by CN Rail next to the General Motors Co (GM) CAMI assembly plant in Ingersoll, Ontario, Canada October 13, 2017. Steel and aluminum tariffs were no resolved as a part of the agreement and are being addressed separately. Congress was informed, which triggered the current 30-day window to provide USA lawmakers with the text of the deal. (more...)
Boeing Wins US Air Force Contract Boeing Wins US Air Force Contract
- October 01, 2018

Currently, it plans to purchase 351 T-X aircraft, 46 simulators and associated ground equipment. The new trainer aircraft will act as a direct replacement for the U.S. The Air Force took a number of steps ahead of the T-X program to boost competition and buy down risk, service acquisition officials told reporters September 27 at the Pentagon. (more...)
Volkswagen and Microsoft announce strategic partnership to develop Volkswagen and Microsoft announce strategic partnership to develop "Volkswagen Automotive Cloud"
- September 30, 2018

From 2020 onwards, more than five million new Volkswagen-brand vehicles per year will be fully connected and will be part of the IoT in the Cloud, Volkswagen said. The technology will allow the automaker to provide a host of services to customers such as onboard media streaming, smart home connectivity, a personal assistant, predictive maintenance services, updates and upgrades, and much more. (more...)
How Facebook Attack Affected Your Account How Facebook Attack Affected Your Account
- September 30, 2018

The announcement is the latest issue for the company, which has struggled with security breaches, privacy issues and misinformation in recent years. Although you will to have to log back into your account, you do not have to change your passwords , Facebook said. While it investigates what happened here and who was responsible, Facebook has temporarily turned off the feature. (more...)
Amazon Launches NYC Physical Store Featuring Highly Rated Products Amazon Launches NYC Physical Store Featuring Highly Rated Products
- September 30, 2018

Online retailing giant Amazon is opening a store in NY that will only sell products that receive a high rating on its website. Dubbed "Amazon 4-Star", the new location will feature devices, kitchen items, toys, books, and games. "It seems interesting", said Edward Niestat, a management consultant in NY who walked into the store shortly after it opened Thursday morning. Amazon uses a specified collection of consumer interests to curate the New York City store. (more...)
Mexico to Publish Text of New Nafta Agreement on Friday Night Mexico to Publish Text of New Nafta Agreement on Friday Night
- September 30, 2018

The text of the existing U.S. -Mexico deal is expected to be published by Sunday, and there have been fears that Congress would be willing to press ahead with the bilateral agreement if Canada can't get a deal done. Talks remain snagged on several issues, including USA demands for greater access to Canada's dairy market and Canadian resistance to scrapping a dispute settlement procedure. (more...)
It’s National Coffee Day: That means free and discounted java! It’s National Coffee Day: That means free and discounted java!
- September 29, 2018

Caribou Coffee is offering a free coffee of the day, any size, to customers who purchase any food item. Dunkin' Donuts: The chain is celebrating a "twice as nice" promotion this year with a buy one, get one free deal for all hot coffee purchases. (more...)
SurveyMonkey Jumps in Public Market Debut SurveyMonkey Jumps in Public Market Debut
- September 29, 2018

SurveyMonkey's debut on the stock market looked like a grand slam for tennis ace Serena Williams. Salesforce Ventures has already agreed to purchase $40 million in a private placement at a price equal to the IPO price. Sandberg's late husband Dave Goldberg was chief executive of SurveyMonkey until his death in 2015. The company experienced a net loss of $27.2 million in the first six months of 2018, up from $19.1 million during the same period in 2017. (more...)
US can't win a global trade war US can't win a global trade war
- September 29, 2018

The world's two largest economies have already slapped tariffs on each other's goods, and the Chinese government called off planned talks with U.S. officials. "But I hope it will change the momentum and break the current deadlock". China and the United States are able to compete with each other without resorting to a "Cold War state of mind" in bilateral relations, Chinese Foreign Minister Wang Yi said Wednesday. (more...)
McDonald's Removing Artificial Ingredients McDonald's Removing Artificial Ingredients
- September 29, 2018

Since 2016, they've been slowly removing unhealthy ingredients from their menu, such as artificial preservatives from the classic Chicken McNuggets and also high-fructose corn syrup from their buns. Replacement of artificial ingredients natural will reduce the shelf life of products. McDonald's rolled out its $1 $2 $3 menu in early 2018, in an effort to provide a consistent value platform that the chain lost with the death of the iconic Dollar Menu. (more...)
Fed raises interest rates, flags end of 'accommodative' policy Fed raises interest rates, flags end of 'accommodative' policy
- September 29, 2018

The Nasdaq lost 17 points, or 0.2 percent, to 7,990. It rose 3.6 percent to $78.63. Hong Kong's Hang Seng index, which reopened after a holiday, jumped 1.5 percent to 27,914.26. Bond yields didn't move much following the announcement. Unemployment is expected to stay relatively steady through 2021, it said, with projections of 3.5 percent -3.7 percent. (more...)
Blue Origin gets boost with Vulcan contract Blue Origin gets boost with Vulcan contract
- September 29, 2018

Inc. founder Jeff Bezos's space startup Blue Origin LLC has won a contract to supply engines for United Launch Alliance LLC, the Wall Street Journal reported on Thursday. Still, the choice of Blue Origin for Vulcan's engines was expected. ULA and Blue Origin announced a partnership four years ago, but the competition with Aerojet Rocketdyne has taken this long to reach its conclusion. (more...)
Record-breaking petrol price increase expected for South Africa - AA Record-breaking petrol price increase expected for South Africa - AA
- September 29, 2018

Fuel prices have been witnessing a steep rise since the past few weeks. Meanwhile, in New Delhi , petrol touched the Rs 83-mark today and diesel cost rose to Rs 74.24. In Kolkata, petrol and diesel prices were at Rs 84.82 per litre and Rs 76.09 per litre respectively. While transport fuel prices in all the four cities are at their record levels, rates are lowest in Delhi owing to lower taxes levied by the state government. (more...)
Securities And Exchange Commission Sues Elon Musk Securities And Exchange Commission Sues Elon Musk
- September 29, 2018

Tesla shares quickly fell some 10 percent after the word of the filing came Thursday afternoon. The charges were a fresh blow to Musk and Tesla , which have also been buffeted in recent months as the company struggled to reach production targets and Musk gave emotional comments to the media, including one interview where he appeared to smoke marijuana . (more...)
Google partially lifts ban on crypto-related advertising Google partially lifts ban on crypto-related advertising
- September 29, 2018

In March , the company banned all crypto-related companies from purchasing ads on Google Adwords. With Google now rolling back on its previous approach, it remains to be seen whether Facebook will also consider similar moves towards embracing regulated cryptocurrency institutions. (more...)
Hacker to live-stream attack on Zuckerberg's Facebook page Hacker to live-stream attack on Zuckerberg's Facebook page
- September 29, 2018

Facebook CEO Mark Zuckerberg hosted a conference call with journalists shortly after the news was announced, underscoring the severity of the situation. "Let the hacking begin: If facebook needs money, instead of going to the banks, why doesn't Facebook let its users invest in Facebook in a social way?" It was also reported in April that Facebook has deleted some of Zuckerberg's private messages for fear he might get hacked. (more...)
Mexico trade deal text to be released as focus remains on Canada
- September 29, 2018

The Mexican government plans to publish the agreement by 7 p.m. Friday, according to a Mexican government official, and the US trade representative is also expected to release the text. The Americans have imposed a deadline of September 30 to reach a deal. It will flesh out an agreement in principle that aims to rebalance automotive trade between the two countries and update NAFTA with new chapters on digital trade and stronger labor and environmental standards. (more...)
Oil prices drop, Brent moves further away from four-year high Oil prices drop, Brent moves further away from four-year high
- September 28, 2018

Oil prices rose by 1 percent on Thursday as investors focused on the prospect of tighter markets due to USA sanctions against major crude exporter Iran , which are set to be implemented in November. For now, the sanctions don't affect the country's crude oil exports, of which USA refineries import 500,000 barrels a day. "It would be good for the price of oil for Iran to be able to sell it", the French leader said. (more...)
Tesla shares plunge as regulators launch fraud lawsuit against Elon Musk Tesla shares plunge as regulators launch fraud lawsuit against Elon Musk
- September 28, 2018

Shares were last down 10.8% at $274.17 in trading before the bell in NY, which would wipe about $6 billion off Tesla's market value. Musk, 47, is the public face of Tesla and J.P. "I have always taken action in the best interests of truth, transparency and investors", Musk said. The suit was almost avoided entirely but Musk reportedly pulled out of a settlement at the last minute. (more...)

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