Money


Billionaire tells U.S. college graduating class he’ll pay their student debt Billionaire tells U.S. college graduating class he’ll pay their student debt
- Мая 20, 2019

Imagine waking up on graduation day with a tiny bit of dread in the back of your mind, knowing that in just a few months Sallie Mae would be calling to collect on student loans , only to have that debt erased in an instant. "Technology is creating a whole new set of on ramps to the 21st century economy, and together we well help assure that African Americans will acquire the tech skills and be the beneficiaries in sectors that are being automated". (more...)
Thousands left stranded after Manchester airport power cut
- Мая 20, 2019

Some 13,000 passengers have been affected. 'I can confirm that there has some issues due to unanticipated fueling [sic] issues at Manchester Airport , this has had a knock on effect to a few flights'. Rachael Smith, 36, from Edinburgh, found out that her flight to Preveza in Greece, was cancelled after sitting on a stationery plane for three hours. (more...)
Unemployment Stays Flat in April Unemployment Stays Flat in April
- Мая 20, 2019

The losses were partly offset by gains in the leisure and hospitality and the construction sectors. It's the 17th consecutive month that rate has been at or below 3% in Idaho, according to the state labor department. In the 12 months through April, manufacturing showed the most growth, with 7,700 added jobs. The state's labor force participation rate decreased 0.1% to 67.8%. (more...)
Stock is Under Active Radar- Berkshire Hathaway Inc. (BRK-B) Stock is Under Active Radar- Berkshire Hathaway Inc. (BRK-B)
- Мая 18, 2019

Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 23. Other investors may opt to play it safe and build a portfolio with low risk, staple stocks. The company expected annual growth of 23.30% for next 5 years. The Price to book ratio is the current share price of a company divided by the book value per share. (more...)
British Steel says seeks more govt financial support British Steel says seeks more govt financial support
- Мая 18, 2019

Nic Dakin, Labour MP for Scunthorpe where British Steel's main plant operates, told City A.M. the firm's problems have been "created by the mess the government is making of the Brexit process". British Steel is said to be having "constructive discussions" with it's stakeholders on how to proceed and a range of support measures addressing "broader Brexit issues". (more...)
Asda could be floated after Sainsbury's deal blocked Asda could be floated after Sainsbury's deal blocked
- Мая 18, 2019

However, she said any preparations for an IPO would "take years". It comes after the Competition and Markets Authority blocked its merger with rival Sainsbury's. The move has sparked speculation over Walmart's plans for Asda , with rumours it may try to sell the Big Four chain or spin it off. Union leaders said they had demanded an urgent meeting with Asda's bosses to seek reassurances for staff about the future of the company. (more...)
Beyond Meat surges after coffee chain Tim Hortons launches vegan sandwiches Beyond Meat surges after coffee chain Tim Hortons launches vegan sandwiches
- Мая 18, 2019

Tim Horton's President Alex Macedo mentioned in a statement that his company is simply responding to the growing demand of customers who are now looking into adding plant-based food items into their diets. Canadian coffee chain Tim Hortons announced Wednesday that - like its competitors - it will also be testing plant-based meat on three breakfast sandwiches. (more...)
BC Government Announces Public Inquiry Into Money Laundering BC Government Announces Public Inquiry Into Money Laundering
- Мая 18, 2019

To carry out money laundering in real estate, criminals often used close relatives to buy then transfer real estate, the report said, adding with all those supporting facts, the risk of money laundering in the real estate sector was also high. (more...)
Tesla's solar business fizzles as factory exports most cells Tesla's solar business fizzles as factory exports most cells
- Мая 18, 2019

Accordingly, Tesla late last month said it was slashing the price of its residential rooftop solar systems in a bid to increase sales, while also limiting the sizes of its solar arrays to standardized increments and pushing customers to order online as a way of reducing costs. (more...)
Tesla's autopilot was engaged prior to fatal Florida crash: NTSB report Tesla's autopilot was engaged prior to fatal Florida crash: NTSB report
- Мая 18, 2019

The driver apparently wasn't steering in the eight seconds before the collision, according to NTSB. Whether the driver's hands were on the steering wheel or not is irrelevant at this point, because the data shows that neither he nor the vehicle made evasive maneuvers. (more...)
U.S. agrees to lift steel and aluminum tariffs on Canada, Mexico U.S. agrees to lift steel and aluminum tariffs on Canada, Mexico
- Мая 18, 2019

The discussions among the three countries have now moved to creating "enhanced monitoring" and "anti-circumvention measures" relating to non-North American steel imports. "I think they finally heard us", said one source, speaking on the condition of anonymity, citing the delicate new phase of the current negotiations. And the Trump administration recently escalated that part of the trade wars by increasing tariffs on about $200 billion of Chinese imports and threatening more tariffs in the ... (more...)
Woman arrested for attempted kidnapping caught on camera Woman arrested for attempted kidnapping caught on camera
- Мая 18, 2019

The next night, officers responding to an unrelated incident in Los Angeles recognized Ramos as the suspect in Wednesday's kidnapping and took her into custody "without incident", police said. Authorities say they believe Ramos tried to kidnap another four-year-old Wednesday, but was again stopped by a witness and took off. She's being held on $100,000 bail. (more...)
China Trade War: Walmart Raising Prices Because of Tariffs? China Trade War: Walmart Raising Prices Because of Tariffs?
- Мая 18, 2019

Furniture is already effected by the tariffs , and clothing and accessories are next, should President Trump follow through on his most recent threatened levies on imported Chinese goods, Gennette said. Comparable sales for Walmart stores in the US climbed 3.4 per cent in the first quarter, its best for the period in nine years. Tariffs, according to Evercore ISI analyst Greg Melich, are "the next key swing factor", as they could "wipe out" earnings growth across the sector this year. (more...)
‘Taco Bell Hotel And Resort’ Coming To Palm Springs This Summer ‘Taco Bell Hotel And Resort’ Coming To Palm Springs This Summer
- Мая 18, 2019

The Taco Bell-inspired venue will be open to a select few super fans in August. "Everything from guest rooms to breakfast and poolside cocktails will be infused with a Taco Bell twist, making this the flavor-filled getaway of 2019", the statement continued. (more...)
Popular tattoo ink recalled by FDA due to contamination Popular tattoo ink recalled by FDA due to contamination
- Мая 18, 2019

One of the largest tattoo parlors in San Diego, SD Tattoo, says they got the email Wednesday morning and immediately searched through their inks. FDA officials said they are working with manufacturers and retailers to remove the contaminated products from the market. (more...)
Walmart ups delivery game with next-day shipping Walmart ups delivery game with next-day shipping
- Мая 16, 2019

The next-day service will cover 220,000 popular items from diapers and non-perishable food items to toys and electronics. Las Vegas and an unspecified area in Southern California will be first up for the service, which begins in "the coming days", according to Lore. (more...)
Hyundai, Kia Invest $90M In Rimac For High-Performance EVs Hyundai, Kia Invest $90M In Rimac For High-Performance EVs
- Мая 16, 2019

The Hyundai Motor Group has investested heavily in hydrogen fuel cell technology alongside its full electric development plans, believing the technology can be a viable alternative to full EVs for low carbon emission vehicles. This is not the first carmaker Rimac has worked with to help develop electric cars . Other automakers were impressed enough to contract with Rimac to supply electric powertrain components for vehicles such as the planned Pininfarina Battista. (more...)
Uber has a solution for chatty drivers Uber has a solution for chatty drivers
- Мая 16, 2019

After they enter their destination, there will be an option for "Ride Preferences " on the screen. The preferences can not be selected as a driver is on the way to pick them up or if a ride is in progress. More region and rollout specifications of the feature remain unclear as of now. Uber Black rides are typically 100 percent more expensive than Uber X, the company's low-priced option, and 200 percent more expensive than Uber Pool, its carpool option, according to the Verge . (more...)
No trade agreement: China and the United States stopped talking No trade agreement: China and the United States stopped talking
- Мая 16, 2019

He cited the nation's Founding Fathers, Abraham Lincoln and Ronald Reagan as leaders whose footsteps he was following when it came to trade and tariffs . "Would be wise for them to act now, but love collecting BIG TARIFFS!" The US imports some $540B worth of goods from China per year, and Beijing was on Friday still mulling countermeasures for the $120B it imports from the US each year. (more...)
WestJet to be taken private in C$3.5 billion cash deal WestJet to be taken private in C$3.5 billion cash deal
- Мая 16, 2019

The Onex bid follows a deal last week where low-priced Latin American airline Viva Air received a $50 million investment from USA capital fund Cartesian Capital Group that it will direct toward expansion. Interest in joining Unifor has increased in recent weeks as WestJet imposed arbitrary changes to scheduling and uniforms while it moved to worldwide flights, and announced a zero-per-cent wage increase one day ahead of posting a 33.4-per-cent boost in profits. (more...)