Markets

Markets Alexa Turned Santa For This Parrot but a 'Hooman' Gift-Blocked it
Author: 0 Alexa Turned Santa For This Parrot but a 'Hooman' Gift-Blocked it

The parrot , named Rocco, was kicked out of the National Animal Welfare Trust sanctuary for swearing too much and now is causing more mischief by befriending the popular device. She sometimes comes home to him playing romantic music through the Echo. The African grey population is dwindling precisely because they imitate human speech so well and people love to use them as pets.

Markets Tourism rocket ship reaches space on test flight
Author: 0 Tourism rocket ship reaches space on test flight

The plane returned to a normal flying configuration before gliding to land on the Mojave Air and Space Port runway. Ultimately, the company aims to carry paying passengers on its spaceship, which is created to carry six people in addition to two pilots.

Markets China move to cut tariffs bears out Trump G20 tweet
Author: 0 China move to cut tariffs bears out Trump G20 tweet

The back-and-forth is the latest in a trade tow triggered by United States claims that China engages in "unfair" trade practices, such as theft of intellectual property. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin . "I just heard today that they're buying tremendous amounts of soybeans".

Markets House Approves Farm Bill without Tightened Food Stamps Criteria
Author: 0 House Approves Farm Bill without Tightened Food Stamps Criteria

Wenonah Hauter, executive director of Food & Water Watch , applauded the bill for, "important progress for organic programs, including a long-overdue focus on strengthening enforcement of organic standards for imported products and funding for organic research, as well as important programs for beginning and social disadvantaged farmers".

Markets Disruption in Libyan exports lifts oil
Author: 0 Disruption in Libyan exports lifts oil

The OPEC + deal will prevent building oversupply in the global market during the first half of 2019, Morgan Stanley said, adding Brent crude price could reach $67 per barrel at the end of June 2019. "As good as it looks, our view is that it will not be able to provide long-term price supports because it could not help global oil inventories deplete".

Markets OPEC agrees to cut in oil production
Author: 0 OPEC agrees to cut in oil production

On Thursday, the Energy Information Administration said USA crude supplies fell by 7.3 million barrels for the week ended November 30. Analysts say that the details of any agreement will be key in determining what happens next to prices, particularly the size of any reduction and the question of whether Iran is included or not.

Markets Elon Musk talks pot, the SEC, and Twitter flame wars
Author: 0 Elon Musk talks pot, the SEC, and Twitter flame wars

Musk also spoke about two key changes to the company - Tesla's policy to more closely monitor his Twitter posts and the appointment of a new chair - which may raise questions about the effectiveness of the settlement. " Challenged on how this could be determined if no one is actually checking them, he just says that they " might make some mistakes sometimes ". After the interview was aired, Tesla said in a statement that the company is complying with the SEC settlement.

Markets Uber Follows Lyft In Filing For IPO 12/10/2018
Author: 0 Uber Follows Lyft In Filing For IPO 12/10/2018

The taxi industry says companies like Uber and Lyft should pay sales taxes, just as it does. As the IPO fling has been over, the stage is set to rock the market with one of the biggest technologies. But one of them, its self-driving auto unit, which was ultimately aiming to create technology to replace human drivers and hence help Uber become profitable, has killed people .

Markets Cannabis Allure Proves Irresistible for Tobacco Company Altria
Author: 0 Cannabis Allure Proves Irresistible for Tobacco Company Altria

It said it was doing so because it doesn't "see a path to leadership with these particular products", as well as the regulatory burden it faces to bring them to market. Atria, formerly Philip Morris, makes the move after watching its stock tumble 25 percent this year and outlook on the company's growth projected at about one percent this year and 2019.

Markets U.S. hiring pullback could signal mild slowdown in growth
Author: 0 U.S. hiring pullback could signal mild slowdown in growth

The strongest job growth came in health care, transportation and warehousing, and manufacturing, which added another 27,000 jobs for 288,000 total growth over the past year. "There is nothing here to propose the economy is enduring a more sudden downturn". Following the employment report , US financial markets continued to price in one rate hike from the Fed in 2019, compared with expectations for possibly two rate hikes a month earlier, according to CME Group's FedWatch program.

Markets U.K.'s May deploys ministers to sell Brexit deal to public
Author: 0 U.K.'s May deploys ministers to sell Brexit deal to public

But in an article in the Guardian , Labour Leader Jeremy Corbyn said the deal represented a "monumental and damaging failure for our country" and represented "a worst of all worlds deal, that works for nobody, whether they voted leave or remain".

Markets Huawei CFO arrested for violating U.S. sanctions on Iran: Canadian media
Author: 0 Huawei CFO arrested for violating U.S. sanctions on Iran: Canadian media

Wanzhou Meng - also deputy chairwoman and the daughter of Huawei's founder - faces extradition to the US, said Ian McLeod, a Canada Justice Department spokesman. She is reportedly sought by the U.S. for breaking trade embargo with Iran. The arrest comes as the USA has brought a number of legal cases against Chinese technology firms, with accusations such as cyber-security theft and violations of United States sanctions against Iran.

Markets Qatar Pulls Out Of Oil Cartel OPEC
Author: 0 Qatar Pulls Out Of Oil Cartel OPEC

Moreover, OPEC only deals with crude oil , not the liquefied natural gas Qatar is better at producing, and the U.S.is a net exporter of liquefied natural gas anyway . Saudi Arabia's production topped more than 11 million barrels daily last month. Doha will still be sending its delegates to the 15-member OPEC meeting in Vienna, where representatives from non-OPEC producers such as Russian Federation will also be in attendance.

Markets China-US Ceasefire Paves Way For New LNG Projects
Author: 0 China-US Ceasefire Paves Way For New LNG Projects

The sticking points include "forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, services and agriculture", according to an official White House statement . The US has hit $250b of Chinese goods with tariffs since July, and China has retaliated by imposing duties on $110b of US products. There was no immediate statement from either side when the dinner of more than two hours ended in Buenos Aires .

Markets Bush's service dog will go on to help other soldiers
Author: 0 Bush's service dog will go on to help other soldiers

Jim McGrath, Bush's spokesman, posted an image of Sully next to Bush's casket on Sunday along with the caption, "Mission complete". While the services are split between Washington and Texas, many in Kennebunkport, Maine also feel a personal connection to the late president.

Markets Oanda Sees Bitcoin Hitting $2500, Others Beg to Differ
Author: 0 Oanda Sees Bitcoin Hitting $2500, Others Beg to Differ

This also marked an 80% dip into its all time high. Bitcoin price failed to break the $4,450 resistance and declined against the US Dollar. An excellent example of this is Long Blockchain Corp, a company that switched from its iced tea business to crypto mining , at the end of past year, and then backtracked when the price of crypto started falling.

Markets G-20 agrees on trade, migration, US goes own way on climate
Author: 0 G-20 agrees on trade, migration, US goes own way on climate

During their working dinner, the two leaders had very "positive and constructive" discussions over trade and economic issues and agreed not to impose additional tariffs, he said, adding that China will import more marketable products form the USA in efforts to gradually ease imbalances in bilateral trade .

Markets Trump open to deal with Xi at dinner but with conditions: Kudlow
Author: 0 Trump open to deal with Xi at dinner but with conditions: Kudlow

The administration has tried to soften the impact on US consumers, carving out tariff exemptions for consumer goods from brands like Lenovo, Apple and Huawei. Trump added: "I don't like that aggression". Washington is however open to reaching a deal with Beijing, with White House economic adviser Larry Kudlow saying the US President is expecting this to take place over a dinner on Saturday.

Markets GM Announces Cuts At Car Assembly Plants In Michigan, Ohio, Canada
Author: 0 GM Announces Cuts At Car Assembly Plants In Michigan, Ohio, Canada

GM jumped as much as 7.9 percent to US$38.75, the highest since July, as of 12:20 p.m.in NY trading. Trump said General Motors owed the country after having been bailed out by tax payer money following the 2008 financial crash. U.S. President Donald Trump demanded General Motors Co add a new product to replace a plant in OH that the company said it planned to close next year due to lagging small-car demand.

Markets Apple holding a 'four-day shopping event' starting Black Friday
Author: 0 Apple holding a 'four-day shopping event' starting Black Friday

Of course, for the most hardcore deal-hunters, nothing beats the in-store-only promotions offered on Black Friday , according to Dengler. Not wanting to miss out on the extra revenue that Black Friday deals bring in, Best Buy will be opening up on Thanksgiving at 5 p.m.to offer a variety of deals on tech.

Markets RBI board calls a truce between Indian govt, central bank
Author: 0 RBI board calls a truce between Indian govt, central bank

The members include Governor Urjit Patel and his four deputies as "full-time official directors", while the rest 13 have been nominated by the government, including two Finance Ministry officials - Economic Affairs Secretary and Financial Services Secretary.

Markets Nissan chairman Carlos Ghosn arrested for allegedly violating financial law
Author: 0 Nissan chairman Carlos Ghosn arrested for allegedly violating financial law

Ghosn's slow retreat from his roles at each company-including stepping down as Nissan's CEO previous year and suggesting he may step down from his post as CEO of Renault before the scheduled end of his term in 2022-have sparked rumors that he wasn't on board with plans for further integration and might be thinking of leaving the alliance anyway.

Markets Jennie-O Recalling 91K Pounds Of Ground Turkey In Salmonella Outbreak
Author: 0 Jennie-O Recalling 91K Pounds Of Ground Turkey In Salmonella Outbreak

The CDC announced the outbreak in July, but more people have gotten sick, bringing the total to 164 in 35 states. This combination of images provided by Hormel on Friday, Nov. No other recall related to the outbreak is in effect. Not only the raw turkey products Duncan Hills has also found the traces of the bacterium in the cake mixes that have made 5 people sick.

Markets Fresh clashes in French 'yellow vest' fuel price protests
Author: 0 Fresh clashes in French 'yellow vest' fuel price protests

At least 47 others have been injured in protests , three in a serious condition, with French police adding that 24 arrests have been made. Protestors chanted " Macron, resign " and some sported slogans such as "give us back our purchasing power" on the back of the yellow high-visibility vests, which have come to symbolise the movement.

Markets Amazon-NYC deal sparks unity against cronyism
Author: 0 Amazon-NYC deal sparks unity against cronyism

One of the driving factors behind the decision was the ability to lure top talent from two locations rather than one, said Jay Carney, Amazon's senior vice president for global corporate affairs. Even though the pact states that the landing site would be built "at the company's sole expense" and would cap the number of flights at 120 per year, the notion has stoked outrage among those objecting to the $3 billion in tax relief and subsidies NY will grant the multibillion-dollar firm and its ...

Markets California fire death toll hits 63; sheriff says over 600 still missing
Author: 0 California fire death toll hits 63; sheriff says over 600 still missing

Butte County Sheriff Kory Honea said Thursday that the high number of missing people probably included some who fled the blaze and didn't realise they had been reported missing. 140,000 acres have been burned, and 11,862 structures have been destroyed, with another 15,500 structures still threatened. "I want you to understand that the chaos we were dealing with was extraordinary", he said.

Markets Oil trades near $56 as U.S. inventory gain counters OPEC's plan
Author: 0 Oil trades near $56 as U.S. inventory gain counters OPEC's plan

US West Texas Intermediate (WTI) crude futures were at $55.96 a barrel, down 29 cents, or 0.5 percent. Worldwide benchmark Brent crude oil futures were up 51 cents at $65.08 per barrel by 2:29 p.m ET. US futures were on track to close lower for a record 12th straight session, with Tuesday's selloff the worst yet. Demand for its crude will be about 31.5 million bpd, which is 500,000 bpd less than its forecast two months ago and 1.4 million bpd below current output, Opec said this week.

Markets Apple shares drop on iPhone suppliers' warnings
Author: 0 Apple shares drop on iPhone suppliers' warnings

And Wall Street analysts continue to pare their expectations for the company as Apple suppliers make the outlook for the iPhone even murkier. Apple shares are sliding on Monday after a series of bad data points for iPhone demand. The iPhone XR also seems to be facing competition from Apple's own premium iPhone XS and iPhone XS models as users prefer the narrower bezels and better cameras on these phones.

Markets Google to revamp harassment policies, says CEO
Author: 0 Google to revamp harassment policies, says CEO

Google also says that it will make some changes to the complaint system at the workplace. Several steps will be taken to provide better care for those seeking to make claims, including extended counselling and support for accommodations and company leave.

Markets MEA welcomes United States decision to exempt India from sanctions
Author: 0 MEA welcomes United States decision to exempt India from sanctions

Oil prices dipped on Wednesday as high output and US sanction waivers allowing Iran's biggest buyers to keep taking its crude reinforced the outlook for a well-supplied market. Iran will not export as much crude as it has been. US crude stocks climbed by 7.8 million barrels in the week ending November 2 to 432 million, data from the American Petroleum Institute showed on Tuesday.

Markets Lion Air plane crashes into lamp pole on Indonesian airport runway
Author: 0 Lion Air plane crashes into lamp pole on Indonesian airport runway

A spokesperson for Boeing wouldn't disclose to CNN whether the directive was issued to operators of all Boeing aircraft, or just those who fly 737 MAX 8 planes - the same model as Flight 610. Boeing introduced the 737 MAX 8 to commercial service in May 2017 with Malindo Air, a Malaysian subsidiary of Lion Air. "A "ping" has been detected from the second black box but the signal was very weak, possibly because it was encased in mud", said Nurcahyo Utomo, an air accident official at the ...

Markets Lowe's stores closing across Canada, but none in Saskatchewan
Author: 0 Lowe's stores closing across Canada, but none in Saskatchewan

Marie and one in Sudbury are on the list for closure. Rona, the largest home improvement chain in Canada, was acquired by Lowe's in 2016 in a deal valued at $2 billion. But Lowe's is struggling to keep up with Home Depot . Ellison, a veteran of JCPenney and Home Depot, is making some bold moves to improve the financial performance of the company, including the wind-down of at least 51 underperforming store locations.

Markets Toronto reportedly out of the running for Amazon's HQ2
Author: 0 Toronto reportedly out of the running for Amazon's HQ2

As the competition for Amazon's second headquarters heats up , cities and states are getting increasingly desperate to win over the e-commerce giant. Long Island City is served by 8 subway lines, 13 bus lines, the East River Ferry, the Long Island Railroad, two bridges and a tunnel linking it with Manhattan.

Markets Lion Air plane hits lamp post trying to takeoff
Author: 0 Lion Air plane hits lamp post trying to takeoff

Indonesian authorities have downloaded information from the flight data recorder that showed a cockpit indicator on the Lion Air jet was damaged for its last four flights. Indonesian officials say that all 11 such aircraft have been tested and declared safe to fly. The National Transportation Safety Board later faulted Boeing as well as its battery supplier, GS Yuasa, for its approach to safety and quality control.

Markets Trump predicts he'll make trade deal with China
Author: 0 Trump predicts he'll make trade deal with China

China's official Xinhua News Agency said that Xi accepted the call at Trump's invitation. Earlier Friday, the Chinese foreign ministry said Trump and Xi had an "extremely positive" phone conversation Thursday. "Frankly, the principal culprit is China", he said. "But China very much wants to make a deal", he said. They also agreed to meet on the sidelines of the Group of 20 summit meeting in Buenos Aires, Argentina, at the end of the month.

Markets Trump, Obama Stage Dueling Rallies Ahead of Midterms
Author: 0 Trump, Obama Stage Dueling Rallies Ahead of Midterms

According to military documents obtained this week by Newsweek, only about 20 percent of those in the caravan are likely to make it to the U.S. "And if Democrats do take back the House, they're going to need some legislative accomplishments".

Markets Grab a drink: Starbucks gives away reusable red cups
Author: 0 Grab a drink: Starbucks gives away reusable red cups

Last year's cups drew the ire of some Grinches who were upset that the cups allowed people to fill in their own holiday color schemes. We'll start with that reusable cup initiative, which is the main reason why we're putting out this story that has a holiday flair out before Remembrance Day, something we typically try to avoid.

Markets Oil Prices Rising Despite Output Increase and Iran Sanctions
Author: 0 Oil Prices Rising Despite Output Increase and Iran Sanctions

Saudi Arabia and Russian Federation have said they will pump enough to meet demand once USA sanctions are imposed. USA stocks suffered big losses Wednesday, with the Dow Jones Industrial Average sinking over 600 points, which raised concerns that a possible slowdown in global economic growth could reduce oil demand.

Author: 0 Trump Discusses Trade Issues With China's Xi

Hours later, however, the US Justice Department accused another Chinese firm of unfair practices, part of an across-the-board pressure campaign by the Trump administration targeting China . "We're doing better than we've ever done". It's been a wild ride this week for China's yuan, whipsawed as concern about a slowdown in the world's second-biggest economy gave way to optimism that trade tension with the US may ease.

Markets USA plans more China tariffs if Trump-Xi meeting fails
Author: 0 USA plans more China tariffs if Trump-Xi meeting fails

US-China Business Council senior vice president Erin Ennis said that it would not be a surprise to see Trump move towards announcing more tariffs, given his repeated threats to do so. The MSCI All-Country World Index has dropped more than 8 percent in October, poised to post the worst monthly performance since May 2012. Risk appetite got a lift after Trump's commented that he may be more ready than China to do a deal.

Markets RBI governor may consider resigning after rift with govt
Author: 0 RBI governor may consider resigning after rift with govt

Sources said after the consultation, RBI has to take directions from the government in "Public interest". It had weakened as much as 74.15 after news reports suggested that the government had invoked Section 7 of the RBI Act to direct governor Urjit Patel on issues related to liquidity for non-banking finance companies, capital for weak banks, and lending to small and medium enterprises.

Markets Indonesia plane crashed; 188 people on board
Author: 0 Indonesia plane crashed; 188 people on board

Local media reported the pilots requested a return to Jakarta before losing contact with air-traffic controllers. An Indonesian airplane operated by budget airline Lion air crashed shortly after takeoff at Jakarta's Soekarno airport on Monday, authorities confirmed.

Markets Amazon Falls After Missing Sales Forecast (NASDAQ:AMZN)
Author: 0 Amazon Falls After Missing Sales Forecast (NASDAQ:AMZN)

Earnings came in at $5.75 per share, far ahead of Wall Street's consensus forecast of $3.14 and more than 10 times the prior-year quarter's 52 cents. Capital expenditures soared to $5.3 billion from $3.5 billion previous year, with 20 data center sites in development, Porat said . Shares in Alphabet fell about 6 per cent, knocking about $45 billion off its market value after it fell short on sales after beating estimates for the past eight quarters.

Markets Trump Calls New York Times Story on His Cellphone Use 'Incorrect'
Author: 0 Trump Calls New York Times Story on His Cellphone Use 'Incorrect'

During the daily press briefing, Foreign Ministry spokeswoman Hua Chunying dismissed the report as " fake news " and mocked the whole situation by bringing up Huawei , which the USA has repeatedly accused of state-sponsored spying. The Chinese are said to have compiled a list of people to whom Mr Trump often speaks, so that they can try to use them to influence the president. The Chinese are said to be using information picked up from monitoring Trump's calls to figure out who he ...

Markets United Nations official: Khashoggi was victim of an extrajudicial execution
Author: 0 United Nations official: Khashoggi was victim of an extrajudicial execution

The CIA's Haspel heard an audio recording of Khashoggi's death during a trip to Turkey this week, sources told Reuters . At the same time, Trump and his top advisers have repeatedly said the broader U.S. The kingdom admitted on Saturday - 18 days after the incident - that Khashoggi indeed died in the consulate but blamed the death on a " fistfight " and said more than a dozen people were being questioned.

Markets Tesla introduces a $45,000 Model 3 variant with a 260-mile range
Author: 0 Tesla introduces a $45,000 Model 3 variant with a 260-mile range

The new Model 3 version, with a 260-mile range, is priced at $45,000 before state and federal incentives, as Electrek first reported . On Thursday, Tesla also began taking orders for a lower-cost, mid-range Model 3 . That long-awaited price point may still be another few months away, Musk suggested in a post on Thursday describing the mid-range Model 3 . With Model 3 production almost doubling in Q2 compared to Q1 and a further increase in production volume expected during the ...

Markets Turkey Says Journalist Jamal Khashoggi's Murder 'Savagely Planned'
Author: 0 Turkey Says Journalist Jamal Khashoggi's Murder 'Savagely Planned'

New surveillance video taken by Turkish law enforcement purportedly shows a Saudi agent suspected in Jamal Khashoggi's killing wearing the slain journalist's clothes on the day investigators say he was murdered . Mr Trump described the king's denial as "very, very strong". Britain, Germany and France issued a joint statement condemning the killing of Khashoggi, saying there is an "urgent need for clarification of exactly what happened".

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