Money


Aston Martin To Showcase Lagonda All-Terrain Concept At Geneva Motor Show Aston Martin To Showcase Lagonda All-Terrain Concept At Geneva Motor Show
- February 10, 2019

Brought back past year, Lagonda aims to become the first luxury brand exclusively driven by zero emission powertrain technologies. The electric SUV will go into production in 2021 and will be followed by a sedan in 2022, as Aston Martin has previously hinted. (more...)
Canada's jobless rate edges higher to 5.8 pct in January Canada's jobless rate edges higher to 5.8 pct in January
- February 10, 2019

The average year-over-year wage growth of permanent employees, which is closely watched by the central bank, was 1.8 percent in January, up slightly from 1.5 percent in December. In fact, 2018 was B.C.'s highest annual wage growth in the past 10 years. "The unemployment rate did rise, but only because of an increase in the participation rate", he said. (more...)
Fire service to remain at Ocado's damaged site for 'next few days' Fire service to remain at Ocado's damaged site for 'next few days'
- February 10, 2019

It said that due to concerns over the presence of pressurised refrigerants at the site, the police conducted a limited evacuation of the immediate area on Wednesday evening. "Thank you. Stay safe". "Once we have had time to assess the damage and prepare a plan to return the CFC (customer fulfilment centre) to operation we will update further as appropriate", it added. (more...)
Celebrate National Pizza Day on Saturday Celebrate National Pizza Day on Saturday
- February 10, 2019

It's National Pizza Day , and deals are here to save you some serious dough. Here's where you can find the best pizza deals on National Pizza Day 2019. Little Caesars : Try the restaurant's new Stuffed Pretzel Crust pizza for $9, or get the Hot-N-Ready Pretzel Crust pizza for $6 from 4 PM to 8PM local time tonight. (more...)
Brexit uncertainty cascading through the economy: BoE Brexit uncertainty cascading through the economy: BoE
- February 09, 2019

That's down sharply from the 1.7 per cent predicted in November and below 2018's 1.4 per cent. After leaving its benchmark interest rate unchanged at 0.75 percent, as widely expected, the BoE announced on Thursday it had slashed its forecast for United Kingdom economic growth for 2019 from 1.7 percent to just 1.2 percent-a level not seen since the financial crisis a decade ago. (more...)
German regulator bans Facebook from sharing data from WhatsApp, Instagram German regulator bans Facebook from sharing data from WhatsApp, Instagram
- February 09, 2019

He said the pooling of data on particular individuals from multiple sources had contributed to Facebook's market power. "The only choice the user has is either to accept the comprehensive combination of data or to refrain from using the social network ", it said in its judgment. (more...)
Amazon reportedly reconsidering NY location amid growing resistance movement Amazon reportedly reconsidering NY location amid growing resistance movement
- February 09, 2019

To that end, Amazon has been issuing statements to media outlets telling them that the company has no plans to remove themselves from the deal and said "Whether it's building a pipeline of local jobs through workforce training or funding computer science classes for thousands of New York City students, we are working hard to demonstrate what kind of neighbor we will be". (more...)
'Jeff Bozo:' Trump Slams Amazon CEO Jeff Bezos on Social Media 'Jeff Bozo:' Trump Slams Amazon CEO Jeff Bezos on Social Media
- February 09, 2019

In his tweet , Trump was referring to a story by the National Enquirer that reported on Bezos' interactions with his alleged mistress Lauren Sanchez . On Thursday, Trump seemed nearly sensitive about the situation, and told reporters of Bezos and the divorce: "I wish him luck". "The National Enquirer is not a competitor to the Washington Post ". (more...)
Venezuela's army blocks bridge to stop humanitarian aid getting through Venezuela's army blocks bridge to stop humanitarian aid getting through
- February 09, 2019

The official declined to provide details on the discussions or the level at which they are being held, and it was unclear whether such contacts could create cracks in the Venezuelan socialist leader's support from the military, which is pivotal to his grip on power. (more...)
Huawei says security issues could take five years to resolve Huawei says security issues could take five years to resolve
- February 08, 2019

Citing a matter of national security, the USA has not only called for Huawei's ban in the country , but has also urged its allies to do the same. "Modern communications networks are complex systems that keep evolving in new and innovative ways", he wrote, adding that the fix process was like "replacing components on a high-speed train in motion". (more...)
Startup Aurora gets $530 million boost to build self-driving cars Startup Aurora gets $530 million boost to build self-driving cars
- February 08, 2019

Amazon has made its most significant move into driverless cars to date by investing in a company led by the former head of Google's autonomous vehicle unit. Aurora isn't just another self-driving tech company. The latter is seen not only as a linchpin when it comes to safety, but also to the monetization potential of future self-driving vehicles, be they conventional passenger cars, commercial vehicles or last-mile delivery robots. (more...)
Not everyone was creeped out by Delta and Coke's flirty napkins Not everyone was creeped out by Delta and Coke's flirty napkins
- February 08, 2019

Delta Airlines and Coca-Cola are sorry for trying to spice up your flight! A certain Mike (@MJJoe) took to Twitter on Jan. 31 where he shared pictures of the said napkin he received during his flight on Wednesday, Jan. Delta began removing the napkins last month. But there were those who rallied behind the marketing tactic, praising it for being 'cute'. "Unintentionally creepy" is a complaint voiced by one passenger, and another tweet being widely cited in coverage has a similar theme. (more...)
Twitter Shares Tank Despite Big Revenue and Profit Gains Twitter Shares Tank Despite Big Revenue and Profit Gains
- February 08, 2019

Analysts are expecting about $765 million, on average. Twitter also has room to grow by converting people who use the site infrequently into daily users, she said, which would allow the company to boost its revenue without having to grow its overall user base. (more...)
Jaguar Land Rover to Revamp Chinese Dealer Network After Loss Jaguar Land Rover to Revamp Chinese Dealer Network After Loss
- February 08, 2019

Carmakers are being hit by stronger regulations and demand for cleaner models. On Thursday, Tata said there will be no further job losses at JLR beyond those already announced. It delivered £500m of the programme in the third quarter. Lower China sales, production shutdown, higher depreciation and amortisation affected the company. (more...)
General Motors reports $8.1 billion profit last year General Motors reports $8.1 billion profit last year
- February 08, 2019

Daimler pays out in April but GM employees are scheduled to receive the payment in their 22 February paycheck. But it still means big profit-sharing checks for about 46,500 union workers in the USA, including those at GM's plant in Lordstown. (more...)
Amazon's Bezos says National Enquirer tried to blackmail him over 'intimate photos' Amazon's Bezos says National Enquirer tried to blackmail him over 'intimate photos'
- February 08, 2019

Bezos copy and pasted an email allegedly from Dylan Howard , AMI's COO, days after that initial threat was made, which claims that they have obtained nine lewd photos of Bezos and Sanchez in addition to a "below the belt selfie - otherwise colloquially known as a 'd*ck pick'". (more...)
Turkish rescuers pull children from rubble of collapsed building Turkish rescuers pull children from rubble of collapsed building
- February 07, 2019

A 5-year-old girl was rescued from the rubble of the eight-story apartment building in Istanbul on Thursday, raising the number of survivors of the collapsed structure to 13. Police, ambulances and firefighters raced to the scene in the Kartal district of Turkey's largest city and pulled three people of the rubble. Rescuers carry an injured woman on a stretcher from the site of a collapsed building in Turkey, Feb. (more...)
Tesla knocks $1,100 off price of the Model 3 Tesla knocks $1,100 off price of the Model 3
- February 07, 2019

The federal electric vehicle tax credit, which lowers the cost of a Tesla, dropped to $3,750 in January and will be halved again this summer before disappearing completely in 2020. Tesla continues to display pricing in a creative manner. "It's just like people literally don't have the money to buy the vehicle", Musk during the company's earnings call last week. (more...)
Regional banks BB&T, SunTrust join to create $66B operator Regional banks BB&T, SunTrust join to create $66B operator
- February 07, 2019

It will have about $442 billion in assets, $301 billion in loans and $324 billion in deposits serving more than 10 million households. Both companies' boards of directors unanimously approved an agreement to come together in an all-stock merger of equals valued at about $66 billion. (more...)
Oil falls 1 percent as supply concerns fade Oil falls 1 percent as supply concerns fade
- February 07, 2019

According to the Energy Information Administration (EIA), U.S. crude oil inventories climbed by 1.3 million barrels in the week-ended February 1 to 447.21 million barrels. “That being said, the downside could be limited as the OPEC and 10 partner producers outside the cartel are supposed to be actively managing output in an effort to rebalance the market, ” said Razaqzada. (more...)

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