Money
Senate and House GOP Pick Congressional Leaders - as Showdown Over Pelosi Simmers
- November 16, 2018
Liz Cheney of Wyoming, a daughter of former Vice President Dick Cheney, who was on hand to watch his daughter take over the No. 3 spot he held decades ago. The race for minority leader is McCarthy's to lose Wednesday. The harsh immigration rhetoric that turned off suburban voters didn't help, he said. "We will work with anybody across that aisle if they are there to work to move America forward, but let me very clear: If their agenda is simply investigations, impeachment and not focused on ... (more...)
- November 16, 2018
Liz Cheney of Wyoming, a daughter of former Vice President Dick Cheney, who was on hand to watch his daughter take over the No. 3 spot he held decades ago. The race for minority leader is McCarthy's to lose Wednesday. The harsh immigration rhetoric that turned off suburban voters didn't help, he said. "We will work with anybody across that aisle if they are there to work to move America forward, but let me very clear: If their agenda is simply investigations, impeachment and not focused on ... (more...)
Video Woman abuses Air India crew after being denied alcohol
- November 16, 2018
Don't get any money for it, by the way. The man remains calm throughout her shocking tirade, after which she turns on another crew member, asking them if they are writing a report about her. "And you treat business-class passengers like that?" The 50-year-old Irish passenger was arrested after confronting and harassing Air India staff members. (more...)
- November 16, 2018
Don't get any money for it, by the way. The man remains calm throughout her shocking tirade, after which she turns on another crew member, asking them if they are writing a report about her. "And you treat business-class passengers like that?" The 50-year-old Irish passenger was arrested after confronting and harassing Air India staff members. (more...)
UK’s May defends Brexit deal before critical allies and cabinet
- November 16, 2018
Dominic Raab resigned from his role at the Brexit ministry while a second cabinet minister and two junior government ministers also walked out over the draft deal. "This is, at its heart, a matter of public trust". "I can not reconcile the terms of the proposed deal with the promises we made to the country in our manifesto", he said in his resignation letter. (more...)
- November 16, 2018
Dominic Raab resigned from his role at the Brexit ministry while a second cabinet minister and two junior government ministers also walked out over the draft deal. "This is, at its heart, a matter of public trust". "I can not reconcile the terms of the proposed deal with the promises we made to the country in our manifesto", he said in his resignation letter. (more...)
$1.5 billion Mega Millions jackpot still unclaimed
- November 15, 2018
One extremely lucky person overcame 302.5 million to one odds last month to win Mega Millions' record $1.5 billion jackpot. Winning numbers will be drawn every Tuesday and Friday night at 11 ET until another winning ticket has been sold. Jee Patel, the manager of the store that sold the winning lotto ticket, told Fox News that "lotto tourists" stop in daily to take pictures of the place. (more...)
- November 15, 2018
One extremely lucky person overcame 302.5 million to one odds last month to win Mega Millions' record $1.5 billion jackpot. Winning numbers will be drawn every Tuesday and Friday night at 11 ET until another winning ticket has been sold. Jee Patel, the manager of the store that sold the winning lotto ticket, told Fox News that "lotto tourists" stop in daily to take pictures of the place. (more...)
Tobacco shares go up in smoke amid US crackdown plan
- November 15, 2018
The planned restrictions could heavily affect Juul Labs, according to analysts who say more than half of its sales come from flavors other than tobacco, mint and menthol. The study found that the percent of young people who smoked non-menthol cigarettes declined, while menthol smoking rates increased. Imperial will continue to engage with the FDA about menthol cigarettes, but will not comment further until there's a formal update from the agency, spokesman Simon Evans said by email. (more...)
- November 15, 2018
The planned restrictions could heavily affect Juul Labs, according to analysts who say more than half of its sales come from flavors other than tobacco, mint and menthol. The study found that the percent of young people who smoked non-menthol cigarettes declined, while menthol smoking rates increased. Imperial will continue to engage with the FDA about menthol cigarettes, but will not comment further until there's a formal update from the agency, spokesman Simon Evans said by email. (more...)
Pound gains ground after 'Brexit draft' reports
- November 15, 2018
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.7 percent. Australian stocks fell 0.5 per cent, South Korea's KOSPI lost 0.2 per cent and Japan's Nikkei added 0.3 per cent. "(British) Prime Minister May has reached an agreement with the European Union over the withdrawal, but there are doubts if she can sell it to her own part", Madden added. (more...)
- November 15, 2018
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.7 percent. Australian stocks fell 0.5 per cent, South Korea's KOSPI lost 0.2 per cent and Japan's Nikkei added 0.3 per cent. "(British) Prime Minister May has reached an agreement with the European Union over the withdrawal, but there are doubts if she can sell it to her own part", Madden added. (more...)
Oil extends losses amid spectre of faltering demand
- November 15, 2018
As oil crashed from the high touched in October, natural gas futures soared as much as 56 percent during that time to a 4½ year high. Worldwide benchmark Brent crude dropped nearly 7% to $65.11 (£50.24) a barrel, its lowest level since March. (more...)
- November 15, 2018
As oil crashed from the high touched in October, natural gas futures soared as much as 56 percent during that time to a 4½ year high. Worldwide benchmark Brent crude dropped nearly 7% to $65.11 (£50.24) a barrel, its lowest level since March. (more...)
Toyota Corolla Sedan Shows Fresh New Face In Latest Teaser
- November 15, 2018
Toyota Motor has released a teaser of the 2020 Toyota Corolla Altis ahead of its world debut this week, and our rendering artist SRK has constructed the front-end providing the first look at the next generation of the world's best selling sedan. (more...)
- November 15, 2018
Toyota Motor has released a teaser of the 2020 Toyota Corolla Altis ahead of its world debut this week, and our rendering artist SRK has constructed the front-end providing the first look at the next generation of the world's best selling sedan. (more...)
Investors suffer technology jitters to send Wall Street tumbling
- November 15, 2018
Monday's decline followed a hard month of October that saw the Dow lose 5 percent and the Nasdaq fall 9 percent. Visit MarketWatch .com for more information on this news. The S&P 500 index fell 16 points, or 0.6 percent to 2,764. A steep drop in technology companies sent US stocks sharply lower, knocking off more than 400 points from the Dow Jones Industrial Average. (more...)
- November 15, 2018
Monday's decline followed a hard month of October that saw the Dow lose 5 percent and the Nasdaq fall 9 percent. Visit MarketWatch .com for more information on this news. The S&P 500 index fell 16 points, or 0.6 percent to 2,764. A steep drop in technology companies sent US stocks sharply lower, knocking off more than 400 points from the Dow Jones Industrial Average. (more...)
Big question for Amazon’s 2 chosen cities: Will it pay off?
- November 14, 2018
The company said it will receive "performance-based direct incentives" of $1.525 billion based on its promise to create 25,000 high-paying jobs in the NY area. "As we've seen in Seattle, the Bay Area, and in other cities where unfettered tech development has been allowed to spread, without good jobs specifically set aside for local residents and without strong protections for both tenants and middle-income homeowners, displacement is guaranteed", said the Association for Neighborhood and ... (more...)
- November 14, 2018
The company said it will receive "performance-based direct incentives" of $1.525 billion based on its promise to create 25,000 high-paying jobs in the NY area. "As we've seen in Seattle, the Bay Area, and in other cities where unfettered tech development has been allowed to spread, without good jobs specifically set aside for local residents and without strong protections for both tenants and middle-income homeowners, displacement is guaranteed", said the Association for Neighborhood and ... (more...)
Oil Crashes After Trump Says Prices Should Be 'Much Lower'
- November 14, 2018
The Opec+, as the alliance is called, cut output by 1.8 million barrels of oil per day starting January last year up to May this year to lower oil inventories and shore up prices, which plunged to less than $30 a barrel in the first quarter in 2016. (more...)
- November 14, 2018
The Opec+, as the alliance is called, cut output by 1.8 million barrels of oil per day starting January last year up to May this year to lower oil inventories and shore up prices, which plunged to less than $30 a barrel in the first quarter in 2016. (more...)
US Aviation Body Launches High-Priority Probe Into Boeing's Safety Analyses
- November 14, 2018
The Max has accounted for 37 percent of all 737 deliveries this year, trailing Boeing's goal of 40 to 45 percent. Jon Weaks, a 737 captain and president of the pilots union at Southwest, said he couldn't recall a similar omission in a Boeing operating manual. (more...)
- November 14, 2018
The Max has accounted for 37 percent of all 737 deliveries this year, trailing Boeing's goal of 40 to 45 percent. Jon Weaks, a 737 captain and president of the pilots union at Southwest, said he couldn't recall a similar omission in a Boeing operating manual. (more...)
Flipkart CEO Binny Bansal quits
- November 14, 2018
A tech-savvy billionaire, Bansal took over as CEO of Flipkart in 2016. In what was the world's biggest e-commerce deal, Walmart acquired Flipkart earlier this year for $16 billion. While both Binny and Walmart are believed to have agreed to say nothing beyond their coordinated official statements, some old-timers at Flipkart feel the United States giant, which now owns 77% in the Bengaluru-headquartered company, has used an "old case" to assume total control of their new acquisition. (more...)
- November 14, 2018
A tech-savvy billionaire, Bansal took over as CEO of Flipkart in 2016. In what was the world's biggest e-commerce deal, Walmart acquired Flipkart earlier this year for $16 billion. While both Binny and Walmart are believed to have agreed to say nothing beyond their coordinated official statements, some old-timers at Flipkart feel the United States giant, which now owns 77% in the Bengaluru-headquartered company, has used an "old case" to assume total control of their new acquisition. (more...)
Will oil price shoot up again?
- November 14, 2018
US President Donald Trump put pressure on OPEC not to cut supply of oil to prop up the market. " Saudi Arabia has stepped in front of the oil market bears, proactively announcing they will reduce exports", said Stephen Innes, head of trading for Asia/Pacific at futures brokerage in Oanda in Singapore. (more...)
- November 14, 2018
US President Donald Trump put pressure on OPEC not to cut supply of oil to prop up the market. " Saudi Arabia has stepped in front of the oil market bears, proactively announcing they will reduce exports", said Stephen Innes, head of trading for Asia/Pacific at futures brokerage in Oanda in Singapore. (more...)
Call for open markets as world leaders gather in Singapore
- November 13, 2018
Malaysian Prime Minister Mahathir Mohamad broke ASEAN's normally cordial protocols by telling reporters Aung San Suu Kyi was "defending the indefensible" by not speaking up for the Rohingya - hundreds of thousands of whom were driven into Bangladesh in a bloody purge past year. (more...)
- November 13, 2018
Malaysian Prime Minister Mahathir Mohamad broke ASEAN's normally cordial protocols by telling reporters Aung San Suu Kyi was "defending the indefensible" by not speaking up for the Rohingya - hundreds of thousands of whom were driven into Bangladesh in a bloody purge past year. (more...)
Apple's Asia suppliers fall amid fears of weak iPhone sales
- November 13, 2018
Apple cautioned earlier this month that it could miss Wall Street estimates for the holiday shopping season. Apple is down more than 4% on Monday after a slew of analyst reports suggested that iPhone unit sales could drop year over year as soon as the first quarter of 2019. (more...)
- November 13, 2018
Apple cautioned earlier this month that it could miss Wall Street estimates for the holiday shopping season. Apple is down more than 4% on Monday after a slew of analyst reports suggested that iPhone unit sales could drop year over year as soon as the first quarter of 2019. (more...)
Amazon chooses Northern Virginia, NYC for new headquarters
- November 13, 2018
Amazon's possible construction of a new headquarters in New York's Long Island City with the aid of tax incentives would amount to "massive corporate welfare", according to two New York State politicians. And by halving the size, Amazon would help ease potential issues with housing, transit and other areas where adding tens of thousands of workers could cause problems. (more...)
- November 13, 2018
Amazon's possible construction of a new headquarters in New York's Long Island City with the aid of tax incentives would amount to "massive corporate welfare", according to two New York State politicians. And by halving the size, Amazon would help ease potential issues with housing, transit and other areas where adding tens of thousands of workers could cause problems. (more...)
Irish Aviation Authority investigating sighting of 'UFO' off the coast of Ireland
- November 13, 2018
The Irish Aviation Authority kicked off a probe following a number of UFO sightings, with an object flying at what is purported to be light speed zipped by, before vanishing away, according to a statement from the Irish Examiner . "It [came] up on our left hand side and then rapidly veered to the north ". A Virgin Airlines pilot reported seeing a UFO over Ireland. After a short exchange, the pilot stressed that they had witnessed " a bright light " before it disappeared at an ... (more...)
- November 13, 2018
The Irish Aviation Authority kicked off a probe following a number of UFO sightings, with an object flying at what is purported to be light speed zipped by, before vanishing away, according to a statement from the Irish Examiner . "It [came] up on our left hand side and then rapidly veered to the north ". A Virgin Airlines pilot reported seeing a UFO over Ireland. After a short exchange, the pilot stressed that they had witnessed " a bright light " before it disappeared at an ... (more...)
Saudi to cut oil exports by 500,000 barrels per day in December
- November 13, 2018
Rapid expansion in North Dakota's oil production is stirring concerns over a possible decline in crude prices globally, and Saudi Arabia has unveiled new measures to support prices just above its breakeven point. Since then, OPEC production has risen 820,000 bpd since May, according to the latest S&P Global Platts OPEC survey. When asked about the possibility of an output cut, he insisted it was "premature to talk about a specific action". (more...)
- November 13, 2018
Rapid expansion in North Dakota's oil production is stirring concerns over a possible decline in crude prices globally, and Saudi Arabia has unveiled new measures to support prices just above its breakeven point. Since then, OPEC production has risen 820,000 bpd since May, according to the latest S&P Global Platts OPEC survey. When asked about the possibility of an output cut, he insisted it was "premature to talk about a specific action". (more...)
Saudi minister calls for 1 mln bpd global oil output cut
- November 12, 2018
West Texas Intermediate for December delivery rose as much as 97 cents to US$61.16 a barrel on the New York Mercantile Exchange and traded at US$60.99 at 4:41 p.m.in Tokyo. Falih said the United States sanctions had removed less oil from the market than expected because of the waivers. He also attributed the sharp drop in prices to "microeconomic uncertainties" and signs of a build-up in crude inventories. (more...)
- November 12, 2018
West Texas Intermediate for December delivery rose as much as 97 cents to US$61.16 a barrel on the New York Mercantile Exchange and traded at US$60.99 at 4:41 p.m.in Tokyo. Falih said the United States sanctions had removed less oil from the market than expected because of the waivers. He also attributed the sharp drop in prices to "microeconomic uncertainties" and signs of a build-up in crude inventories. (more...)
Latest news
Annual core CPI in August rose to 2.4% vs. 2.3% expected