Economy

European Union retaliates to Trump's tariffs

European Union retaliates to Trump's tariffs

Canada will impose retaliatory tariffs on C$16.6 billion ($12.8 billion) worth of US exports and challenge USA steel and aluminum tariffs under the North American Free Trade Agreement and the Wo...

by · Economy
Sears to Close 72 Unprofitable Stores

Sears to Close 72 Unprofitable Stores

Plans already were in the works for the demolition of the Tacoma Mall Sears with the idea it might come back as a smaller format store. With the Sears at Tech Ridge closing in April , that leave...

by · Economy
Amazon can't or won't collect sales tax in Australia

Amazon can't or won't collect sales tax in Australia

The move may help drive traffic to Amazon's Australian website, which has drawn criticism for a thin product range and uncompetitive prices since it began taking orders in December. Jeff Bezos' Bazaar...

by · Economy
'New possibilities' emerge over new Italian government

'New possibilities' emerge over new Italian government

The constitution also gives the president the power to dissolve parliament, a deterrent force which has played a part in numerous prior political crises in Italy - a country which has had 64 governm...

by · Economy
OGRA recommends Rs8 hike in petrol price

OGRA recommends Rs8 hike in petrol price

A ONE paisa cut is not a suitable response to the " Fuel Challenge" I threw you last week", Gandhi said. Mumbai: After 16 days of relentless petrol and diesel price hike that was witnessed acro...

by · Economy

United States tariffs: Steel and aluminium levies slapped on key allies

Tariffs of 25 per cent on steel imported into the United States and 10 per cent on imported aluminum will take effect as of midnight Thursday, Mr. Ross told reporters on a conference call. The move wi...

by · Economy
ASX drops as Italy concerns cause Wall Street plunge

ASX drops as Italy concerns cause Wall Street plunge

The failure of Italy's populist parties to form a government in recent days is likely to mean fresh elections, possibly as early as July. As a result, Well Street has taken a tumble. ANALYST'S VIE...

by · Economy
Tesla in 'Autopilot' mode crashes into parked police vehicle

Tesla in 'Autopilot' mode crashes into parked police vehicle

He says the Tesla driver suffered minor injuries. The police SUV ended up with its two passenger-side wheels on a sidewalk. The latest crash involving a Tesla in Autopilot mode didn't turn tra...

by · Economy
Five Things: the next steps for getting the Trans Mountain project done

Five Things: the next steps for getting the Trans Mountain project done

Trudeau secure a decisive majority government, including 18 seats in Canada's westernmost province. "Basically, it's a tinder box and they've lit the match", said SFU political scientist David Mos...

by · Economy
Starbucks Closing More Than 8,000 Stores Tuesday Afternoon For Anti-Bias Training

Starbucks Closing More Than 8,000 Stores Tuesday Afternoon For Anti-Bias Training

What else is Starbucks doing? "After investigating what happened, we determined that insufficient support and training, a company policy that defined customers as paying patrons - versus anyone who...

by · Economy
Federal Bureau of Investigation urges public to reboot home routers amid malware attack

Federal Bureau of Investigation urges public to reboot home routers amid malware attack

The FBI said it would gather the IP addresses of infected devices, and pass those to the Shadowserver Foundation to disseminate among ISPs and non-US CERTs. A full list of compromised routers can be...

by · Economy
Petrol prices rise for 13th straight day; nearly Rs 86 in Mumbai

Petrol prices rise for 13th straight day; nearly Rs 86 in Mumbai

Rs 86.24 (Mumbai) and Rs 81.43 (Chennai), according to the Indian Oil Corporation (prices at bunks of other fuel companies may vary by a few paise). On May 29, the price of petrol was hiked by 16 pa...

by · Economy
Federal Bureau of Investigation issues warning on hacking group with Russian ties

Federal Bureau of Investigation issues warning on hacking group with Russian ties

Most of the activity seen has been out of the Ukraine. The law enforcement agency said foreign cyber actors are targeting routers in small or home offices with VPNFilter, described as a botnet - o...

by · Economy
'Boozy' passenger brawls on flight after he's cut off

'Boozy' passenger brawls on flight after he's cut off

He could have broken the law if he continued to serve alcohol to a passenger that appeared to be intoxicated. On May 23, flight 1293 from Saint Croix to Miami International Airport took a turn for t...

by · Economy
Fiat Chrysler warns Dodge, Jeep, Chrysler owners: Don't use the cruise

Fiat Chrysler warns Dodge, Jeep, Chrysler owners: Don't use the cruise

Dodge vehicles included are the 2015 to 2018 Challengers, and the 2014 to 2018 Charger, Journey and Durango, while affected Jeeps include the 2014 through 2018 Cherokee and Grand Cherokee and the 2018...

by · Economy
Service dog gives birth to puppies at Tampa airport

Service dog gives birth to puppies at Tampa airport

Tampa Fire Rescue paramedics and a nurse assisted with the delivery. Eleanor Rigby, or Ellie for short, is a yellow lab that turned 2 years old earlier this month. They now plan to drive from Tampa ...

by · Economy
Maharashtra ready to bring petrol under GST: Devendra Fadnavis

Maharashtra ready to bring petrol under GST: Devendra Fadnavis

Analysts believe that the less production of oil in the OPEC and hike in crude oil prices in the global market are some of the factors affecting the fuel price hike. Prices of diesel and petrol in I...

by · Economy
Instapaper shuts down temporarily in Europe, unprepared for GDPR

Instapaper shuts down temporarily in Europe, unprepared for GDPR

A study released in April by the Ponemon Institute- conducted among 1,000 affected companies- found that almost half would not be, or were unsure whether they would be, ready to comply by Friday's dea...

by · Economy
Oil falls on shock U.S. stock builds, OPEC supply worries

Oil falls on shock U.S. stock builds, OPEC supply worries

Dudley said he saw oil prices falling to between $50 and $65 because of surging shale output and OPEC's capacity to boost production to cover a potential shortfall in Iranian supplies owing to US ...

by · Economy
Turkey has means to curtail currency shifts: President

Turkey has means to curtail currency shifts: President

This deepened worries about the ability of the central bank's Monetary Policy Committee to tame double-digit inflation. The crisis emerged after the Turkish President said he planned to take more co...

by · Economy
Trump Tells Naval Academy Graduates: 'We're Respected Again'

Trump Tells Naval Academy Graduates: 'We're Respected Again'

A lot. We are not going to apologize for America. Asked if North Korea is playing games - the North Koreans failed to meet an advance team from the U.S.in Singapore, and weren't picking up the phone...

by · Economy
Brandon Marshall says President Trump's anthem comments were 'disgusting'

Brandon Marshall says President Trump's anthem comments were 'disgusting'

It's not very patriotic. "It's not what this country was founded upon". Linebacker Brandon Marshall made headlines for his participation in anthem protests during the 2016 season, but opted agains...

by · Economy
Pompeo Seeks June Meeting With European Allies On Iran Strategy

Pompeo Seeks June Meeting With European Allies On Iran Strategy

U.S. Secretary of State Mike Pompeo on Monday threatened Iran with " the strongest sanctions in history " if it did not curb its regional influence, accusing Tehran of supporting armed groups in count...

by · Economy
Trump looks at tariffs on vehicle imports

Trump looks at tariffs on vehicle imports

President Donald Trump's administration is considering new tariffs of up to 25 percent on imported vehicles, The Wall Street Journal reported May 23. Commerce Secretary Wilbur Ross announced ...

by · Economy
House conservatives want second special counsel to investigate alleged DOJ 'misconduct'

House conservatives want second special counsel to investigate alleged DOJ 'misconduct'

The president's outside lawyer, Rudy Giuliani , told NPR that Mueller's office has told the president's legal team that the part of the investigation involving the president-both the question of obst...

by · Economy
Michael Cohen Offered Qatar Investments Access To Trump. The Offer Was Declined

Michael Cohen Offered Qatar Investments Access To Trump. The Offer Was Declined

In new financial disclosure documents, President Donald Trump reported reimbursing his personal attorney, Michael Cohen , for an expenditure over $100,000 previous year - a value that appears to ...

by · Economy
Kroger inks deal to acquire home-delivery, AI technology

Kroger inks deal to acquire home-delivery, AI technology

The online grocery delivery aspect of the business is what is coming to the U.S. Kroger is no stranger to utilizing United Kingdom technology to drive their business because it had a long term par...

by · Economy
Are Analysts Bullish about Interserve plc (LON:IRV) after last week?

Are Analysts Bullish about Interserve plc (LON:IRV) after last week?

Ei Group plc operates leased and tenanted pubs in the United Kingdom. The company provides various types of construction equipment for non-residential construction markets; and facilities management e...

by · Economy
RED announces AT&T, Verizon (US) & Telcel (Mexico) as Hydrogen One Carrier Partners

RED announces AT&T, Verizon (US) & Telcel (Mexico) as Hydrogen One Carrier Partners

Verizon more vaguely said it will be arriving "later this year". RED is a company known for their high-end camera equipment which is used by Hollywood studios to film their movies. However, the q...

by · Economy
For Nigeria lower budget deficit as oil touches $80 a barrel

For Nigeria lower budget deficit as oil touches $80 a barrel

The current rise of oil production is fueled by natural gas condensates and liquids, neither of which is used for producing the needed diesel. "The catalyst for the latest move appears to be more ...

by · Economy