Money


Ryanair CEO concerned about delays in 737 Max return Ryanair CEO concerned about delays in 737 Max return
- July 29, 2019

Revenue per passenger was stable at €55, with the drop in fares offset by a 14% increase in ancillary revenue. At the same time, the British market has also been plagued by anxiety over Brexit, with the United Kingdom set to leave the European Union at the end of October. (more...)
Buffalo Wild Wings offering free wings for National Chicken Wing Day Buffalo Wild Wings offering free wings for National Chicken Wing Day
- July 29, 2019

Buffalo Wild Wings: Diners can get a free order of "snack"-sized wings with any purchase of a small, medium, or large order of boneless or traditional wings". This deal is available for dine-in customers only. Slim Chickens: Slim is offering a special deal for members of its rewards club. St. Louis Bar and Grill: According to its website , one victor will receive 52 coupons for a free pound of wings; one pound per week for a year. (more...)
Radar issue delays flights at Heathrow and Gatwick airports Radar issue delays flights at Heathrow and Gatwick airports
- July 29, 2019

The Met Office said Thursday was potentially the UK's hottest ever day after it received a provisional recording of 38.7C at Cambridge Botanic Garden. Having earlier warned against making non-essential journeys, Network Rail later urged passengers to check for the latest service information before they travel. (more...)
Mobile, Sprint Merger Is Happening Mobile, Sprint Merger Is Happening
- July 29, 2019

The Japanese technology conglomerate presented the prospect after the U.S. Justice Department announced Friday that it has approved the merger, which Softbank, the parent of Sprint, initially eyed for the middle of 2019. Derek Turner, research director for the advocacy group Free Press. Dish has none of that, although the settlement gives it the option of taking over some stores and cell sites that T-Mobile ditches over the next five years. (more...)
Man surprises wife with an Amazon Prime package birthday cake Man surprises wife with an Amazon Prime package birthday cake
- July 29, 2019

The photographer and mother of three loves the online retailer so much that her husband, Mac, made a decision to gift her a three-layer chocolate and buttercream birthday cake shaped to look like an Amazon package. The cake was the spitting image of an Amazon package, complete with Amazon Prime tape. On closer inspection, she realised that it wasn't actually a package. (more...)
China probe finds FedEx illegally held back over 100 Huawei packages China probe finds FedEx illegally held back over 100 Huawei packages
- July 29, 2019

Relevant Chinese state departments found that FedEx's previous statement on the incident, which said that the re-routing of Huawei packages to the U.S. "During the investigation, other leads of FedEx violating regulations were also discovered", it said. Huawei reportedly retrieved some 400 million yuan ($58 million) of goods last month after negotiations with Flex. (more...)
FTC/Facebook Privacy Settlement Has Major Flaws FTC/Facebook Privacy Settlement Has Major Flaws
- July 29, 2019

The social media company will also have to ask for a objective and use certifications from apps and third-party developers that wish to make use of Facebook user data. The Cambridge Analytica scandal had all the hallmarks of a carefully orchestrated media campaign by Democratic Party supporters to further tarnish and blame Facebook for allowing supposed "Russian meddling" in the 2016 presidential elections and the victory of Republican Donald Trump. (more...)
Apple credit card launch in the first half of next month Apple credit card launch in the first half of next month
- July 28, 2019

According to the some rumors, the most recent update of iOS contains everything users will need or the Apple Card . Apple was reportedly concerned about the mechanics Goldman Sachs had developed for the card, says the report, but this hasn't impacted the Apple Card's summer release date. (more...)
Trump Loses It On Fox News Over Latest 2020 Poll
- July 28, 2019

Joe BidenPhoto via Wikimedia CommonsIf political polls are to be believed, Vice President Joe Biden could be the only Democrat capable of beating President Trump in OH in the 2020 presidential election. The poll shows voters who consider themselves Independents prefer Biden 55% to 32%. "It's his half century in Democratic politics and nearly universal name recognition", Brown said. (more...)
SoftBank forms Vision Fund 2 with AI-focus, draws Apple, Microsoft SoftBank forms Vision Fund 2 with AI-focus, draws Apple, Microsoft
- July 28, 2019

In a press release, SoftBank said the amount already pledged has reached around $108 billion via a new set of "limited partners" - investors - including Apple, Microsoft, and a wide range of Japanese financial institutions. As the second fund is AI-focused, it's good for fintech/financial services space as well. Masayoshi Son uses artificial intelligence (AI) as a catch-all term to characterise SoftBank's investment portfolio, which features businesses as varied as ride-hailing and ... (more...)
What you should know about the Equifax data breach settlement What you should know about the Equifax data breach settlement
- July 28, 2019

As part of a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau and 50 USA states and territories which alleged that Equifax Inc .'s failure to reasonably secure its network was the cause of the 2017 data breach, Equifax has agreed to pay at least $575 million and up to $ 700 million in restitution. (more...)
China, Japan, South Korea Reportedly Plan Trilateral Summit on Economic Cooperation China, Japan, South Korea Reportedly Plan Trilateral Summit on Economic Cooperation
- July 27, 2019

The trade groups which are inclusive of the National Association of manufacturers wrote that "South Korea & Japan are key players in these global value chains". and global firms. Yoo said that Ross is fully aware of the negative effects Japanese export curbs may have on US industry as well as global supply chains. (more...)
European Central Bank pledges additional easing, ponders inflation goal review European Central Bank pledges additional easing, ponders inflation goal review
- July 27, 2019

The yen was little changed against the dollar at 108.62 yen per dollar. The common currency was feeling the heat of the rate decision this morning as it traded lower against most G10 currencies. Still, the euro's overnight index swaps are pricing in a rate cut of more than 10 basis points in September, to minus 0.50 percent. The EUR/USD fell to a two-year low after the ECB's change in guidance. (more...)
Wall Street mixed as chip rally counters dismal Caterpillar, Boeing earnings Wall Street mixed as chip rally counters dismal Caterpillar, Boeing earnings
- July 27, 2019

Boeing Co (BA.N) fell 3.1% after the world's largest planemaker posted its largest-ever quarterly loss on the back of this year's grounding of its best-selling 737 MAX after two deadly crashes. That suggests investors have grown more confident in the United States economy, Delwiche said. Eight of the 11 primary S&P 500 sectors closed higher, with financials up 0.91 percent, outpacing the rest. (more...)
Facebook $5 billion fine insufficient, critics charge Facebook $5 billion fine insufficient, critics charge
- July 27, 2019

Sir Nick Clegg has said Facebook's settlement with the US Federal Trade Commission (FTC) would spark a change "deep into the bowels of the company" over how it handles personal data. 'So a new committee on the board of the company, requirements on (chief executive) Mark Zuckerberg every 12 weeks to certify that these privacy provisions are being properly respected. (more...)
Tesla Q2 2019 Earnings: All The Important Bits Tesla Q2 2019 Earnings: All The Important Bits
- July 27, 2019

Of those 95,000 deliveries, over 80 percent were Model 3 vehicles. But will it help the company make money? The company held is Q2 2019 earnings call with several investors on Wednesday. Despite delivering a record number of vehicles in Q-2 Tesla lost $1.12 a share, a bigger deficit than any analyst projected. An additional problem is that sales of its more expensive cars, the premium Model S and the SUV Model X , are in decline as customers pick up the Model 3. (more...)
Tesla posts $408M net loss in Q2, $6.35B in revenue Tesla posts $408M net loss in Q2, $6.35B in revenue
- July 27, 2019

Tesla previously said that the second-generation of the Model 3 production line will be at least 50 percent cheaper than its Vermont-based Model 3 line and the Gigafactory line in Nevada. Those numbers are key in light of Tesla's delivering only 63,000 vehicles during the first quarter - almost 20 percent below the 76,000 cars expected by analysts. (more...)
Child rides on baggage conveyor belt Child rides on baggage conveyor belt
- July 27, 2019

Atlanta police also conducted a short investigation into the incident to figure out just how the boy managed to get onto the conveyor belt. "I hope he's just enjoying the ride". He tries to climb over bags and suitcases but he's swept into the imposing machine. She said he disappeared when she took her eyes off him for one second to finish printing the boarding pass, reports WGCL . (more...)
Ford shows off electric F-150 pickup by towing a freight train Ford shows off electric F-150 pickup by towing a freight train
- July 27, 2019

A new video released by Ford shows an electric F-150 prototype towing more than 1 million pounds using its electric motor. When the all-electric does come out, don't count on it tow 1.25 million pounds. Tesla , one of the pioneers of the electric auto industry, is also planning to build one. Musk received quite a lot of flak a couple of weeks ago when he claimed that Tesla's electric vehicle will be more powerful than an F-150 and will be a "better sports auto than a standard 911". (more...)
UK PM Johnson set out Brexit position to France's Macron UK PM Johnson set out Brexit position to France's Macron
- July 27, 2019

British Prime Minister Boris Johnson told German Chancellor Angela Merkel on Friday that the only way to reach a deal on Brexit is to abolish the so-called Irish backstop, a spokesman for Johnson said in a statement. The Irish backstop, contained in a protocol of the Withdrawal Agreement May negotiated, is the most contentious part of the deal for British legislators, who fear it could ultimately slice Northern Ireland off from the rest of the UK. (more...)

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