Money
U.S. service sector grows at slower rate in December 2018
- January 06, 2019
The Global Manufacturing Index from JPMorgan Chase & Co and IHS Markit Ltd fell in December to the lowest level since September 2016 as measures of orders and hiring weakened, data showed on Wednesday. Another relatively weak rise in business and consumer spending contributed to a lack of new work to replace completed projects in December. The U.S. (more...)
- January 06, 2019
The Global Manufacturing Index from JPMorgan Chase & Co and IHS Markit Ltd fell in December to the lowest level since September 2016 as measures of orders and hiring weakened, data showed on Wednesday. Another relatively weak rise in business and consumer spending contributed to a lack of new work to replace completed projects in December. The U.S. (more...)
White Man Attacks Black Female McDonald's Employee Over a Straw
- January 06, 2019
In the now-viral video, a male customer grabs James by the shirt collar and pulls her towards him. Daniel Taylor , 41, became upset Monday when there were no straws at the St. Petersburg Police Department . A McDonald's employee who was battered by a customer at work has hired an attorney and says she has been placed on leave following the incident. (more...)
- January 06, 2019
In the now-viral video, a male customer grabs James by the shirt collar and pulls her towards him. Daniel Taylor , 41, became upset Monday when there were no straws at the St. Petersburg Police Department . A McDonald's employee who was battered by a customer at work has hired an attorney and says she has been placed on leave following the incident. (more...)
$16 million Lotto 6/49 winning ticket sold in Calgary
- January 06, 2019
The BCLC is waiting the victor of last Friday's $39-million Lotto Max jackpot to come forward. Another lotto prize has gone unclaimed in the province. "If no one comes forward today, that goes up to $6.2 million", Kelly added. The B.C. Lottery Corporation said no one claimed a $1-million ticket sold in Victoria. (more...)
- January 06, 2019
The BCLC is waiting the victor of last Friday's $39-million Lotto Max jackpot to come forward. Another lotto prize has gone unclaimed in the province. "If no one comes forward today, that goes up to $6.2 million", Kelly added. The B.C. Lottery Corporation said no one claimed a $1-million ticket sold in Victoria. (more...)
Apple warning, China worries hit Asian shares; 'flash crash' jolts currencies
- January 05, 2019
Asian and European shares fell sharply, led by a sell-off in technology stocks, and US equity futures pointed to a weaker open on Wall Street after Apple (AAPL.O) cut its revenue forecast, its first downgrade in almost 12 years, blaming weaker iPhone sales in China. (more...)
- January 05, 2019
Asian and European shares fell sharply, led by a sell-off in technology stocks, and US equity futures pointed to a weaker open on Wall Street after Apple (AAPL.O) cut its revenue forecast, its first downgrade in almost 12 years, blaming weaker iPhone sales in China. (more...)
Oil prices rise as crude output declines
- January 05, 2019
OPEC oil supply fell by 460,000 barrels per day (bpd) between November and December, to 32.68 million bpd, a Reuters survey found on Thursday, as top exporter Saudi Arabia made an early start to a supply-limiting accord, while Iran and Libya posted involuntary declines. (more...)
- January 05, 2019
OPEC oil supply fell by 460,000 barrels per day (bpd) between November and December, to 32.68 million bpd, a Reuters survey found on Thursday, as top exporter Saudi Arabia made an early start to a supply-limiting accord, while Iran and Libya posted involuntary declines. (more...)
Lawsuit: Popular Weather App Deceived Users
- January 05, 2019
The lawsuit was filed by Los Angeles City Attorney Mike Feuer, who is representing the people of the state of California. After downloading the app, users are prompted to allow it to access their location data, but how that data will be shared isn't noted in the prompt. (more...)
- January 05, 2019
The lawsuit was filed by Los Angeles City Attorney Mike Feuer, who is representing the people of the state of California. After downloading the app, users are prompted to allow it to access their location data, but how that data will be shared isn't noted in the prompt. (more...)
Tuna fetches record $3.1 mil. at new market's New Year auction
- January 05, 2019
He spent more than twice the previous record of £1.1 million, which he paid in 2013. Prospective buyers inspect the quality of tuna before the first auction of the year at the newly opened Toyosu Market, the new site of Tokyo's fish market, on January 5, 2019, in Tokyo. (more...)
- January 05, 2019
He spent more than twice the previous record of £1.1 million, which he paid in 2013. Prospective buyers inspect the quality of tuna before the first auction of the year at the newly opened Toyosu Market, the new site of Tokyo's fish market, on January 5, 2019, in Tokyo. (more...)
Property values rising in northern BC
- January 05, 2019
The benchmark price of a single-family home in the core of Victoria (Victoria, Saanich, Oak Bay, Esquimalt and View Royal) was $858,600 in December, up from $832,000 in December 2017. Nor does assessed value guarantee that will be the sale price should a respective property be sold anytime soon. "The downside is we are in a risky environment with these high land costs". (more...)
- January 05, 2019
The benchmark price of a single-family home in the core of Victoria (Victoria, Saanich, Oak Bay, Esquimalt and View Royal) was $858,600 in December, up from $832,000 in December 2017. Nor does assessed value guarantee that will be the sale price should a respective property be sold anytime soon. "The downside is we are in a risky environment with these high land costs". (more...)
Powell says he would reject any Trump request to resign
- January 05, 2019
That suggests the Fed won't tighten again in March, she said. Many analysts are girding for a rocky year for markets, owing to the US-China trade war and other unresolved matters, including a government shutdown fight in Washington that President Donald Trump warned Friday could last years as he battles for funding for a border wall with Mexico. (more...)
- January 05, 2019
That suggests the Fed won't tighten again in March, she said. Many analysts are girding for a rocky year for markets, owing to the US-China trade war and other unresolved matters, including a government shutdown fight in Washington that President Donald Trump warned Friday could last years as he battles for funding for a border wall with Mexico. (more...)
Tax Refunds From IRS May Be Delayed Due to Government Shutdown
- January 05, 2019
During a shutdown, the IRS typically doesn't perform audits, pay refunds or offer assistance to taxpayers if they have questions, especially outside of the filing season. If anyone owes money to the government, it is still due by April 15. Many considerit a major financial windfall that they use to help cover costly expenses or boost their yearly savings. (more...)
- January 05, 2019
During a shutdown, the IRS typically doesn't perform audits, pay refunds or offer assistance to taxpayers if they have questions, especially outside of the filing season. If anyone owes money to the government, it is still due by April 15. Many considerit a major financial windfall that they use to help cover costly expenses or boost their yearly savings. (more...)
Trump says 'prepared' to force shutdown for more than a year
- January 05, 2019
They passed legislation to end the shutdown, while ignoring the President's demand for 5 billion dollars for the wall. "But essentially we need protection in our country". But Pelosi will also have to pursue the Democratic agenda, with plenty of opportunities to confront President Trump. The bill, which would provide money through the end of the fiscal year September 30, was approved, 241-190, with several House Republicans joining Democrats. (more...)
- January 05, 2019
They passed legislation to end the shutdown, while ignoring the President's demand for 5 billion dollars for the wall. "But essentially we need protection in our country". But Pelosi will also have to pursue the Democratic agenda, with plenty of opportunities to confront President Trump. The bill, which would provide money through the end of the fiscal year September 30, was approved, 241-190, with several House Republicans joining Democrats. (more...)
'No' Jerome Powell won't resign
- January 05, 2019
Stocks in the United States spiked after the remarks, made at a meeting of the American Economic Association. The S&P 500 and Nasdaq were also firmly in the green, with the latter consolidating gains of just over 4 percent. No face-to-face meetings have been scheduled, he added. "Markets are expressing concerns about global growth in particular and trade negotiations", Powell said at an event in Atlanta. (more...)
- January 05, 2019
Stocks in the United States spiked after the remarks, made at a meeting of the American Economic Association. The S&P 500 and Nasdaq were also firmly in the green, with the latter consolidating gains of just over 4 percent. No face-to-face meetings have been scheduled, he added. "Markets are expressing concerns about global growth in particular and trade negotiations", Powell said at an event in Atlanta. (more...)
Apple cuts sales expectations following China tariffs
- January 05, 2019
Greater China, a region that includes the mainland, Hong Kong and Taiwan, accounted for most of the revenue shortfall, but iPhone upgrades also weren't as strong as the company anticipated in some developed markets, Cook said. "Up to now, Apple has defied gravity by growing faster than any other company in the market, but mathematically it was impossible to beat the market forever". (more...)
- January 05, 2019
Greater China, a region that includes the mainland, Hong Kong and Taiwan, accounted for most of the revenue shortfall, but iPhone upgrades also weren't as strong as the company anticipated in some developed markets, Cook said. "Up to now, Apple has defied gravity by growing faster than any other company in the market, but mathematically it was impossible to beat the market forever". (more...)
Sino-US Trade Talks to Be Held in China Next Week - Beijing
- January 04, 2019
The adviser says that with the Chinese economy slipping due to the US tariffs, it will put pressure on the country to agree to a trade deal with the Trump administration. They hope to have "positive and constructive discussions", said a Chinese foreign ministry spokesman, Lu Kang. China on Friday confirmed that a vice ministerial level delegation from the United States will visit Beijing next week for "proactive and constructive talks" to flesh out agreements reached between President Xi ... (more...)
- January 04, 2019
The adviser says that with the Chinese economy slipping due to the US tariffs, it will put pressure on the country to agree to a trade deal with the Trump administration. They hope to have "positive and constructive discussions", said a Chinese foreign ministry spokesman, Lu Kang. China on Friday confirmed that a vice ministerial level delegation from the United States will visit Beijing next week for "proactive and constructive talks" to flesh out agreements reached between President Xi ... (more...)
Apple ordered to pull iPhones from Germany
- January 04, 2019
But in a statement released today, Qualcomm contradicts Apple's interpretation of the order by declaring that "the Court also ordered Apple to recall infringing iPhones from third party resellers in Germany". The Fuzhou Intermediate People's Court in China sided with Qualcomm's argument that Apple's iDevices infringe its patents related to resizing images and using touch-based navigation apps. (more...)
- January 04, 2019
But in a statement released today, Qualcomm contradicts Apple's interpretation of the order by declaring that "the Court also ordered Apple to recall infringing iPhones from third party resellers in Germany". The Fuzhou Intermediate People's Court in China sided with Qualcomm's argument that Apple's iDevices infringe its patents related to resizing images and using touch-based navigation apps. (more...)
GM responds to federal lawsuit filed by UAW
- January 04, 2019
The UAW announced Thursday it filed a lawsuit against the automaker that requests the court order GM to transfer seniority union members to the plant in Fort Wayne instead of using temporary workers. GM has not yet filed a response to the UAW lawsuit. The union authorized using temporary employees through November 30, 2018, but not past that date, according to the court filing. (more...)
- January 04, 2019
The UAW announced Thursday it filed a lawsuit against the automaker that requests the court order GM to transfer seniority union members to the plant in Fort Wayne instead of using temporary workers. GM has not yet filed a response to the UAW lawsuit. The union authorized using temporary employees through November 30, 2018, but not past that date, according to the court filing. (more...)
Apple admits it is going to miss iPhone sales
- January 04, 2019
Apple shares fell 10 percent to $142.19, the biggest drop in nearly six years, in New York Thursday. Shares in Apples plunged seven per cent on Wednesday following the announcement. Market analysts believed that Apple's products like iPhones in China are facing strong competition from many Chinese home-grown smartphone rivals including Huawei and Xiaomi, whose smartphones are much cheaper than iPhones. (more...)
- January 04, 2019
Apple shares fell 10 percent to $142.19, the biggest drop in nearly six years, in New York Thursday. Shares in Apples plunged seven per cent on Wednesday following the announcement. Market analysts believed that Apple's products like iPhones in China are facing strong competition from many Chinese home-grown smartphone rivals including Huawei and Xiaomi, whose smartphones are much cheaper than iPhones. (more...)
U.S. team to visit China for trade talks next week
- January 04, 2019
A U.S. government delegation will visit China next week for the first face-to-face talks since President Donald Trump and his Chinese counterpart agreed on a temporary truce in the trade war, Beijing said Friday. The U.S. -China trade war came about because of President Trump's controversial stand on the U.S. trade deficit between the two countries. Lighthizer's office was also responsible for the original report past year that laid out allegations of Chinese theft of United States ... (more...)
- January 04, 2019
A U.S. government delegation will visit China next week for the first face-to-face talks since President Donald Trump and his Chinese counterpart agreed on a temporary truce in the trade war, Beijing said Friday. The U.S. -China trade war came about because of President Trump's controversial stand on the U.S. trade deficit between the two countries. Lighthizer's office was also responsible for the original report past year that laid out allegations of Chinese theft of United States ... (more...)
Krispy Kreme delivers doughnuts to officers mourning pastry loss
- January 04, 2019
It's unclear how exactly the Krispy Kreme truck caught fire . The New York Police Department responded with a photo of two of its helicopter operators, saying they were on their way to them with sprinkle-covered pastries. The photos prompted other police forces across the U.S. to offer support. Here are a few more tweets from police departments who truly understand the gravity of this loss. (more...)
- January 04, 2019
It's unclear how exactly the Krispy Kreme truck caught fire . The New York Police Department responded with a photo of two of its helicopter operators, saying they were on their way to them with sprinkle-covered pastries. The photos prompted other police forces across the U.S. to offer support. Here are a few more tweets from police departments who truly understand the gravity of this loss. (more...)
No Decision On Printing Rs 2000 Notes, Have Adequate In System
- January 04, 2019
The report also said that the decision also comes amid suspicion that the Rs 2,000 note is being used for money laundering, hoarding and tax evasion. The report further said that as per the Ministry of Finance in the Lok Sabha, the RBI had printed 16,957 million pieces of Rs 500 notes and 3,654 million pieces of Rs 2,000 notes as on 8 December 2017. (more...)
- January 04, 2019
The report also said that the decision also comes amid suspicion that the Rs 2,000 note is being used for money laundering, hoarding and tax evasion. The report further said that as per the Ministry of Finance in the Lok Sabha, the RBI had printed 16,957 million pieces of Rs 500 notes and 3,654 million pieces of Rs 2,000 notes as on 8 December 2017. (more...)
Latest news
Trump calls trade war with China 'a little squabble'