Money


Trump Says He Expects To Raise China Tariffs
- November 27, 2018

Trump said there is a possibility of having a trade deal with China . In an interview with the Wall Street Journal (via Bloomberg ), Trump didn't seem anxious about the possibility of higher prices for consumers, saying, "I can make it 10 percent, and people could stand that very easily". (more...)
ATM spitting out $100 bills causes chaos ATM spitting out $100 bills causes chaos
- November 27, 2018

However, perhaps themselves possessed by the spirit of the imminent holiday season, the bank declared all customers would be allowed to keep the extra money. Customers generously shared the information on social media, drawing a crowd at the Harris County machine, Associated Press has reported. Bank of America issued a statement on Monday in response to the error. (more...)
UK Parliament to vote on Brexit deal on December 11 UK Parliament to vote on Brexit deal on December 11
- November 27, 2018

Next, May will take the pact to British Parliament for a vote. "Because no-one knows what would happen if this deal doesn't pass, it would open the door to more division and more uncertainty, with all the risks that will entail". "This is the deal, it's the best deal possible and the European Union will not change its fundamental position when it comes to this issue, so I do think the British parliament - because this is a wise parliament - will ratify this deal", he added. (more...)
General Motors slashes 14000 jobs, seven factories General Motors slashes 14000 jobs, seven factories
- November 27, 2018

Two powertrain sites and three other plants outside North America will also be affected. General Motors' decision to halt production in two states that were key to Donald Trump's 2016 victory could complicate the president's re-election bid. (more...)
Nissan paid for Ghosn's family vacations, homes worth $18M, reports say Nissan paid for Ghosn's family vacations, homes worth $18M, reports say
- November 27, 2018

Le Maire added, however, that he did not believe "conspiracy theories" that Ghosn had been the victim of a "palace coup" to prevent him from merging Nissan and Renault . Ghosn's ouster is an astonishing turnaround for a titan of the auto sector who revived the Japanese brand and forged an alliance with France's Renault as well as domestic rival Mitsubishi Motors . (more...)
General Motors To Close Ohio Plant, Thousands Affected General Motors To Close Ohio Plant, Thousands Affected
- November 26, 2018

Models expected to be discontinued include the Cadillac CT6, the Chevrolet Cruze and the Buick LaCrosse . The Cruze compact vehicle will be discontinued in the United States market in 2019. GM stock was up about 5.9%, to $38.04 per share, in Monday morning trading. Additionally, the automaker said that it would shut down its propulsion-component plants in Maryland and MI, and idle two additional, unnamed assembly plants outside the US. (more...)
Follow these tips to get the most from Cyber Monday deals Follow these tips to get the most from Cyber Monday deals
- November 26, 2018

Drawing an estimated 75 million shoppers, the day will also test the resilience of retailers' online platforms as well as their delivery operations. Clothing retailers such as Gap and Nordstrom were offering the same discounts as on Black Friday . Macy's, Kohl's and Target also rose. Amazon's Cyber Monday deals run until December 2. (more...)
Oshawa GM plant to close, sources say Oshawa GM plant to close, sources say
- November 26, 2018

Plants in Baltimore, Maryland, and Warren, Michigan, assembling powertrain components will have no products assigned to them after 2019 and are at risk of closure, GM said. The fate of those two operations weren't known at press time. "We are right-sizing capacity for the realities of the marketplace", Chief Executive Mary Barra said, adding that GM will double resources dedicated to electric and self-driving vehicles over the next two years. (more...)
Christmas Tree Seller Expects High Prices this Year Christmas Tree Seller Expects High Prices this Year
- November 26, 2018

It takes on average 10 to 12 years to grow them to this size. People may need to trim back their Christmas tree expectations this year. In Hawaii, Christmas tree seller Richard Tajiri said he ended up 1,000 trees short this season. But a recent report from Square the National Christmas Tree Association suggests you should wait until Christmas Eve to buy your tree, USA Today reports . (more...)
Bitcoin Falls Further Below $4000; Crypto Continues Plunge Bitcoin Falls Further Below $4000; Crypto Continues Plunge
- November 26, 2018

Though it remains to be seen whether the $3K floor holds, Mahmudov sees the market as "cyclical" and expects a possible turnaround sometime in summer 2019. ETH price now is trading at $110 and is down by 9.32 percent with a market capitalization of $11 billion. Ripple's XRP is hovering at $0.3760, up over 8.5% on a day-on-day basis. (more...)
GameStop Cyber Monday Deals Include Exclusive Discounts on Recent Games and More
- November 26, 2018

As most of us already now, Black Friday and Cyber Monday are two of the best days in terms of game deals each year, and 2018 looks to be no different. Online sales totalled US$3.7 billion on Thursday, up 28 percent from a year ago. Online spending on Thanksgiving Day hit $3.7 billion in the U.S., topping last year's record of $2.87 billion, according to Adobe Analytics . (more...)
Ex-Nissan Chief Denies Financial Misconduct Allegations Ex-Nissan Chief Denies Financial Misconduct Allegations
- November 26, 2018

Renault was actually planning to appoint another director to the alliance board in the lead-up to Ghosn's ousting, a move rebuffed by Nissan . Carlos Ghosn was dismissed as Mitsubishi Motors Corp. Conversations between Nissan and Renault had to go through Ghosn, who also had the final say on matters, which made such communications less meaningful, Saikawa said. (more...)
A look back at Canada Post's history of strikes and lockouts A look back at Canada Post's history of strikes and lockouts
- November 26, 2018

Dawson Creek Canada Post workers are back to work Friday. "The fact that the government would not only violate constitutional rights, but then impose undemocratic means of getting it through so there's no real debate allowed on this bill", CUPW President Mike Palacek said in an interview with CTV News earlier Thursday. (more...)
Snow Storm Underway in Southern Iowa Snow Storm Underway in Southern Iowa
- November 26, 2018

Snow will start just after midnight on Monday morning. The National Weather Service was warning those conditions would make travel hard in places. The advisory covers Midland, Bay, and Saginaw Counties starting at 11 p.m. Between 4 to 6 inches of snow was expected in the Kansas City area. As of Friday, Chicago had received 3.6 inches of snow in November - a half-inch above average for this time in the month, Mott said. (more...)
Couple finds $1.8 million lottery ticket while cleaning house Couple finds $1.8 million lottery ticket while cleaning house
- November 25, 2018

A single victor in the SC town of Simpsonville took home a massive $1.5 billion in the Mega Millions US lottery jackpot last month, dwarfing a previous record set in March 2012 at $656 million. "We kept checking the numbers again and again", Harold Ehrenberg told Louisiana Lottery officials". It was from the 6 June draw and had to be claimed within six months. (more...)
Deadline extended for B.C. referendum on electoral reform Deadline extended for B.C. referendum on electoral reform
- November 25, 2018

Voters on the Sunshine Coast can also drop off their ballots at the Service BC office at 5710 Teredo St.in Sechelt any time before the office closes at 4:30 p.m. Those can be found on Elections BC's website . Voters are being asked if they want the stick with the current first-past-the-post system in provincial elections or move to proportional representation . (more...)
Ottawa Public Health reports 2nd case of E. coli Ottawa Public Health reports 2nd case of E. coli
- November 25, 2018

Grocery stores have pulled romaine lettuce off their shelves and many restaurants have stopped serving caesar salads after the leafy green has been linked to an E. Food and Drug Administration. Epidemiological evidence from both the United States and Canada indicates that romaine lettuce is a likely source of all 54 Illnesses in the worldwide outbreak. (more...)
Platts Survey: Brent Oil Price To Average $75 Next Year Platts Survey: Brent Oil Price To Average $75 Next Year
- November 25, 2018

The trade dispute between the USA and China has weighed on the market , stoking traders' worries that billions in escalating tariffs imposed by both countries on each other's goods will hurt corporate earnings at a time when the global economy appears to be slowing. (more...)
Flybe in talks with Virgin Atlantic for possible sale Flybe in talks with Virgin Atlantic for possible sale
- November 25, 2018

Last month, Flybe warned its full-year losses would be £22m, blaming falling consumer demand, a weaker pound and higher fuel costs. Icelandair agreed to buy rival WOW this month. Flybe and Virgin Atlantic both declined to comment on Thursday evening. Shares in the low-priced carrier surged more than 40 per cent at one point this morning and were still more than 30 per cent higher, up 3¼p at 13p in the approach to noon. (more...)
European Leaders Close In On Brexit Deal European Leaders Close In On Brexit Deal
- November 25, 2018

Tusk tweeted that 27 EU leaders meeting in Brussels "endorsed the Withdrawal Agreement and Political Declaration on the future EU-UK relations". Shortly after the news broke, Mrs May arrived at the council building in the Belgian capital to join the other leaders. (more...)

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