Economy

Carlos Ghosn steps down as Renault chairman

Carlos Ghosn steps down as Renault chairman

France's finance minister says that Carlos Ghosn , who is fighting breach of trust and other charges in Japan , has resigned as head of Renault . Long-time Michelin exec Jean-Dominique Senard ha...

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General Mills Gold Medal Flour Recalled Due To Salmonella Concern

General Mills Gold Medal Flour Recalled Due To Salmonella Concern

General Mills is issuing a nationwide voluntary recall of bags of Gold Medal Unbleached Flour over salmonella concerns. The recall is being issued for the potential presence of Salmonella wh...

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Huawei says it'll show off a foldable 5G phone at MWC 2019

Huawei says it'll show off a foldable 5G phone at MWC 2019

Huawei reported a 50 percent jump in consumer business revenue in 2018, totalling an excess of $52 billion United States dollars (roughly $69 billion CAD). "I believe at the earliest this year, and ne...

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Venezuela crisis: What it would really take to bring down Nicolas Maduro

Venezuela crisis: What it would really take to bring down Nicolas Maduro

Venezuelan President Nicolas Maduro has responded by cutting diplomatic ties with the United States and ordering the country's diplomats to leave. President Donald Trump this week supported Guaido's...

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American Airlines kicks family off Miami flight for body odor

American Airlines kicks family off Miami flight for body odor

An American Airlines representative tells Yahoo Lifestyle: "They were asked to deplane after multiple passengers , along with our crew members and Miami airport team, were concerned about the c...

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Microsoft's Search Engine Banned in China

Microsoft's Search Engine Banned in China

While it's not yet known whether Bing would return in China at some point in the future, Microsoft's search engine joins a long list of services that are now banned in the country and which includes...

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Air Safety Is Important. We Shouldn't Let Politics Put It at Risk

Air Safety Is Important. We Shouldn't Let Politics Put It at Risk

Air transport workers warned the five-week-old USA government shutdown could cause United States commercial aviation to collapse as they planned a protest Thursday in the U.S. As the shutdown cont...

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Rubio: If Provoked, U.S. Response in Venezuela Will Be ‘Swift,’ ‘Decisive’

Rubio: If Provoked, U.S. Response in Venezuela Will Be ‘Swift,’ ‘Decisive’

That prompted socialist President Nicolas Maduro , who has led the oil-rich nation since 2013, to sever diplomatic ties with the US. The U.S., Canada, some Latin American and European countries sup...

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Here’s what no trade deal could mean for the US and China

Here’s what no trade deal could mean for the US and China

President Donald Trump's top economic adviser on Tuesday denied news reports that the United States had canceled a meeting this week with the Chinese government as the two countries rush to strike...

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Amazon Scout robots are heading out to deliver packages

Amazon Scout robots are heading out to deliver packages

In a demo video released by the logistics giant, Scout is seen trundling along the sidewalk before stopping in front of its designated delivery location. Snohomish County Executive Dave Somers exp...

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WATCH Boeing’s Flying ‘Car’ Takes Its First Flight

WATCH Boeing’s Flying ‘Car’ Takes Its First Flight

PAV is an electric vertical take-off and landing (eVTOL) aircraft, and the aircraft maker plans to continue to test and advance the safety and reliability of on-demand and autonomous air transportatio...

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Tesla gets approval to start delivering Model 3 in Europe

Tesla gets approval to start delivering Model 3 in Europe

Tesla has cleared the final regulatory hurdle to selling the Model 3 in Europe, allowing the electric carmaker to begin shipping the vehicles to Europe. Offering the Tesla Model 3 in Europe will d...

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TSA screener sick-outs hit 10 percent over holiday weekend | AP business

TSA screener sick-outs hit 10 percent over holiday weekend | AP business

Nationwide, TSA sick calls hit their highest point Sunday at 10 percent. The union that represents the TSA workers, the American Federation of Government Employees, has warned since the federal shut...

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Drone sightings halt flights at New York's second-biggest airport

Drone sightings halt flights at New York's second-biggest airport

Authorities who oversee the airports in NY said they said support the probe into the Newark drone incident. Taxicabs are reflected in the windows of Newark International Airport as they gather to pi...

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Saudi Arabia to build refinery, petrochemical plants in South Africa

Saudi Arabia to build refinery, petrochemical plants in South Africa

Currently, roughly 40% of South Africa's oil consumption is supplied by Saudi Arabia. The South African minister said that the planned location for building the refinery and petrochemical factory wi...

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United States to formally request Huawei CFO's extradition soon: Canada government

United States to formally request Huawei CFO's extradition soon: Canada government

Western and former Canadian diplomats have said they have no doubt the cases are linked. Meng - the daughter of the Chinese telecommunication giant's founder - was arrested at the behest of the USA ...

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Digger driver destroys Travelodge in pay row

Digger driver destroys Travelodge in pay row

Photos show the entrance of the Edge Lane building, which was under construction, strewn with debris. Police said there were construction workers in the hotel at the time and one man was treated f...

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Nissan not ready to get closer to Renault - Nissan CEO

Nissan not ready to get closer to Renault - Nissan CEO

Ghosn's compensation has always been a sticking point in Japan , where the income difference between executives and workers is so minimal that company presidents are also called "salarymen". On the o...

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International Monetary Fund revises down global growth rate projections for 2019 to 3.5 percent

International Monetary Fund revises down global growth rate projections for 2019 to 3.5 percent

The IMF cut its estimate for global growth this year to 3.5 percent, from the 3.7 percent it had predicted in October and down from 2018's 3.7 percent. Growth in emerging and developing Asia will di...

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China economy grows at slowest pace in 28 years

China economy grows at slowest pace in 28 years

Some analysts believe China's growth rate could be fully 2 points worse than the official numbers indicate. Analysts fear that China's growth could take another hit if a three-month ceasefire ends i...

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Huawei not only firm that could build Canada’s eventual 5G networks: Goodale

Huawei not only firm that could build Canada’s eventual 5G networks: Goodale

When asked about the government's ongoing national-security review of Huawei's potential involvement, Goodale said there are other suppliers besides Huawei that can set up Canada's 5G networks. Huaw...

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Financial crash WARNING: Global economy growth forecast SLASHED ahead of Davos 2019

However, ECB President Mario Draghi may be in for a slightly uncomfortable press conference post-decision, with questions expected on how the central bank will try and boost inflation and growth now t...

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France fines Google $57 million over data transparency

France fines Google $57 million over data transparency

Google also did not properly obtain users' consent for the goal of showing them personalised ads, the watchdog agency said. According to CNIL, Google's violations center around the ambiguity of in...

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China economy: Fourth quarter growth slips to 6.4%

Also Monday, the government announced China's 2018 economic growth fell to a three-decade low, adding to pressure on Beijing to settle a tariff war with Washington. China's rate of expansion has r...

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Massive data leak affects 2 billion logins, emails and passwords

Massive data leak affects 2 billion logins, emails and passwords

People who use the same username and email/password combo on multiple sites are at risk. The breached data, which Troy Hunt dubbed it as Collection #1, include around 773 million (772,904,991) uniqu...

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Elon Musk announces Tesla will cut around 3,000 jobs

Elon Musk announces Tesla will cut around 3,000 jobs

Musk also stated that Tesla is aiming to deliver "at least the Mid Range Model 3 variant in all markets " starting around May, in order to reach a greater demographic for the electric sedan. A 7%...

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Proposed immigration deal would not lead to amnesty for ‘Dreamers’, Trump says

Proposed immigration deal would not lead to amnesty for ‘Dreamers’, Trump says

The former Florida governor Jeb Bush, who was perceived as soft on immigration by the Republican right, was one of several candidates Trump defeated in the party's 2016 presidential primary contest....

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Oil climbs 1 percent as OPEC output drop eases concerns about glut

Oil climbs 1 percent as OPEC output drop eases concerns about glut

Brent has risen about 2 percent this week, its third straight week of gains. However, news hit the market during North American market hours that U.S. Switching to low-sulfur crudes is one option for ...

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Man Banned From Royal Caribbean After Jumping From Ship

Man Banned From Royal Caribbean After Jumping From Ship

I did not think this through before I jumped", Naydev told Fox 13 . 'It was right in the morning, I woke up. The company is also exploring legal action. On the same day he shared the jumping video,...

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US Pushing for Regular Review of China Trade, Reform Progress

US Pushing for Regular Review of China Trade, Reform Progress

But his demands that China eliminate its bilateral trade surplus with the US within two years will require forceful intervention in China's economy by central government planners-strengthening the r...

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