Money

Google to Invest More Than $1 Billion to Establish NYC Campus

Google to Invest More Than $1 Billion to Establish NYC Campus

Google plans to double the number of its employees in NY to around 14,000 over the next 10 years, Porat wrote on Monday. Google's parent company Alphabet on Monday said it was investing more than $1...

by · Money
California farm linked to romaine lettuce E. coli outbreak recalls more produce

California farm linked to romaine lettuce E. coli outbreak recalls more produce

According to a report by CBC the Canadian Food Inspection Agency (CFIA) says certain red leaf lettuce and green leaf lettuce produced by Adam Bros. Farming at 805-925-0339. A man who answered the phon...

by · Money
China to pause 25 percent tariffs on U.S.-made cars

China to pause 25 percent tariffs on U.S.-made cars

US Trade Representative Robert Lighthizer is leading talks to reach a deal on "structural changes" to China's economy by March 1. "It could happen, and rather soon!" The Customs Tariff Commission of...

by · Money
Kentucky hemp farmers react to likelihood of new Farm Bill

Kentucky hemp farmers react to likelihood of new Farm Bill

Though hemp fibers can be used to create clothing and other products, market analysts expect the biggest growth to come from hemp-derived cannabidiol, or CBD, which is used in health and wellness pr...

by · Money
Southwest Airlines flight turns around after crew members discover human heart onboard

Southwest Airlines flight turns around after crew members discover human heart onboard

Passengers were shocked when the captain explained that the heart was intended for delivery to a Seattle hospital after a previous flight from Sacramento, the Seattle Times reported . Although it s...

by · Money
Elon Musk suggests Tesla's new chairwoman won't rein him in

Elon Musk suggests Tesla's new chairwoman won't rein him in

But despite everything that happened, Musk seems unbothered about the terms of the settlement or another potential crisis, and he claims that no one at Tesla censors or supervises his tweets. Musk d...

by · Money
Kotex tampons recalled after defect discovered

Kotex tampons recalled after defect discovered

In some cases, users sought "medical attention to remove tampon pieces left in the body", the recall announcement said. A popular feminine product is be recalled due to a quality-related defect. Any...

by · Money
Google CEO explains why Donald Trump shows up in ‘idiot’ search results

Google CEO explains why Donald Trump shows up in ‘idiot’ search results

As many as 20 million Google users change their privacy settings each month, he said . "And we make it very obvious". Toward the end of the three-and-a-half hour congressional hearing with Googl...

by · Money
China detains Canadian ex-diplomat amid U.S. trade row

China detains Canadian ex-diplomat amid U.S. trade row

Meng Wanzhou , 46, the daughter of the Huawei founder, was arrested on December 1 as part of a U.S. investigation while she was changing planes in Vancouver, British Columbia. He added that there was ...

by · Money
RBI Governor Urjit Patel resigns

RBI Governor Urjit Patel resigns

There was speculation a month ago that Patel might quit over the government pressure, but the rumours eased after the government and central bank reached an uneasy truce ahead of a RBI board meeting...

by · Money
Tokyo prosecutors charge Nissan, Ghosn for underreported pay

Tokyo prosecutors charge Nissan, Ghosn for underreported pay

Ghosn and Kelly were also served fresh arrest warrants the same day for continuing the misconduct through March 2018, a move which may lead to up to an additional 20 days of detention through Decem...

by · Money
Altria May Strike a Deal With a Cannabis Startup

Altria May Strike a Deal With a Cannabis Startup

Cronos first murmured about Altria's potential takeover this week. Marlboro cigarette maker Altria Group Inc made a big bet on the rapidly growing marijuana industry on Friday with a $2.4 bill...

by · Money
'Tariff Man' Trump Says He May Extend Truce in China Trade War

'Tariff Man' Trump Says He May Extend Truce in China Trade War

Also Friday morning, Larry Kudlow, director of Trump's National Economic Council, said in an appearance on CNBC that Trump has indicated he might be willing to extend the current 90-day negotiating ...

by · Money
Oil company in Sask. happy with no production cuts

Oil company in Sask. happy with no production cuts

Dave is joined by Calgary Herald business columnist Chris Varcoe. This imbalance between production and export capacity has led to a near collapse in the benchmark price for Canadian heavy oil and e...

by · Money
Huawei finance chief Meng Wanzhou arrested in Canada

Huawei finance chief Meng Wanzhou arrested in Canada

Meng, who is one of the vice chairs on the Chinese technology company's board and the daughter of company founder Ren Zhengfei, was arrested on December 1 and a court hearing has been set for Friday...

by · Money
Trump asks OPEC not to cut production

Trump asks OPEC not to cut production

The market has been lower all day due to concern that planned production cuts from the Organization of the Petroleum Exporting Countries will be smaller than originally anticipated. The cartel and its...

by · Money
U.S. Car Makers Losing Billions Due To Trump’s Tariffs

U.S. Car Makers Losing Billions Due To Trump’s Tariffs

White House aides have suggested that Trump is promoting tariffs merely as a tool to forge agreements that would actually eliminate all import taxes. But the United States leader kept up the threats ...

by · Money
US, China agree not to raise tariffs on Chinese goods

US, China agree not to raise tariffs on Chinese goods

Trump agreed to delay implementing a 25 percent tariff on Chinese goods - including at least $1 billion in bike-related products - that had been set to take effect January 1. According to the US Pre...

by · Money
China trade war talks will end in March - unless they don't

China trade war talks will end in March - unless they don't

This is a much different characterisation of the China talks than just three days ago, when Trump had dinner with China's president at a meeting of the Group of 20. Trump has not promised to lift all ...

by · Money
United States and China in trade tariffs truce after tense G20 summit

United States and China in trade tariffs truce after tense G20 summit

In exchange, China agreed it was willing to purchase a "very substantial" amount of agriculture, energy and other goods from the United States to help reduce the trade imbalance. Speaking to repor...

by · Money
Fed chairman: U.S. economy healthy and rate hikes arent automatic

Fed chairman: U.S. economy healthy and rate hikes arent automatic

Minutes of the November meeting show policymakers ticking off a series of issues, including a tightening of financial conditions, global risks, "and some signs of slowing in interest-sensitive sector...

by · Money
Microsoft temporarily surpassed Apple to become the world's most valuable company

Microsoft temporarily surpassed Apple to become the world's most valuable company

Apple closed at 828.64 billion, while Microsoft sat at $822.90 billion, according to Bloomberg . Apple's market valuation of $812.60 billion dipped below Microsoft's $812.93 billion as of 1:05 p.m....

by · Money
Abe off to Argentina for G20 summit

Abe off to Argentina for G20 summit

Aso said he told his G20 peers that "free and fair" rules in trade and other economic activities are the basis for growth. Additional tariffs on Chinese-made vehicle and parts would have a limited...

by · Money
New threat from Trump on imports

New threat from Trump on imports

GM announced Monday that it wants to shutter the plants and slash 14,000 jobs in North America. "Since [Trump's] been president, GM has idled that plant", Betras said . GM sold almost 2.7 million...

by · Money
Protests as Saudi crown prince visits Tunisia

Protests as Saudi crown prince visits Tunisia

Bahrain's King Hamad praised strong ties between the two countries as he launched the AB-4 pipeline to celebrate over 70 years of bilateral energy cooperation, Xinhua news agency reported . "They wer...

by · Money
'I don't believe' government climate report finding

'I don't believe' government climate report finding

The fifth installment would be due during President Trump's second term if he's re-elected. Lacking the legal authority to quash the report, the Trump administration released it on what is notoriously...

by · Money
Trump eyes more China tariffs, pushing total upwards of $500bn

Trump eyes more China tariffs, pushing total upwards of $500bn

He also told The Journal it was " highly unlikely " that the USA would exit this week's G20 summit with an agreement to hold off on increasing duties already in place on Chinese goods. "If we don't ma...

by · Money
Skype calling comes to Alexa devices, furthering Amazon and Microsoft’s surprising partnership

Skype calling comes to Alexa devices, furthering Amazon and Microsoft’s surprising partnership

Skype announced this news on its blog post and noted that its mission has always been to bring people together. As a bonus, Microsoft will give you 100 minutes of Skype to mobile or landline ...

by · Money
Dow Drops Nearly 400 Points as Apple Leads Tech Rout

Dow Drops Nearly 400 Points as Apple Leads Tech Rout

The Nasdaq is down 339.05 points, or 4.7 percent. The slide weighed down tech stocks in general, which have been tumbling over the past month. Investors are measuring a number of headwinds and inc...

by · Money
How Low Can It Go? Bitcoin Drops to 13-Month Low

How Low Can It Go? Bitcoin Drops to 13-Month Low

Bitcoin continued to crash on Tuesday morning, declining by as much as 10%, after having already fallen 14% on Monday . But back in October 2017, Bitcoin was in the middle of a massive bull run ...

by · Money
Woman wears wedding gown alone after fiance dies on Lion Air

Woman wears wedding gown alone after fiance dies on Lion Air

Safety experts involved in the investigation said USA aviation officials and airline pilots hadn't been told the new system had been added to the 737 MAX aircraft. He added that if important informa...

by · Money
Angolan oil production grows to 1.533 million barrels per day in October

Angolan oil production grows to 1.533 million barrels per day in October

Oil markets struggled to find their footing on Wednesday after plunging by 7 percent the previous session, with surging supply and the specter of faltering demand keeping investors on edge. "During th...

by · Money
Trump angles to put loyalist in charge of House Judiciary Committee

Trump angles to put loyalist in charge of House Judiciary Committee

In the new poll, which was conducted by re-interviewing those who participated in a CNN poll conducted just before Election Day , 53% of Americans said the election results indicate a rejection...

by · Money
What Is Amazon Promising New York City?

What Is Amazon Promising New York City?

Did Amazon just create a brand new neighborhood for its second headquarters? For its headquarters, the company didn't go with the richest offer . Virginia pledged a few other goodies, such as a...

by · Money
Amazon picks New York, Virginia for headquarters

Amazon picks New York, Virginia for headquarters

Furthermore, Amazon announced a third non-HQ location in its HQ2 announcement in Nashville, where the company will be receiving tax subsidies as well. Rather than seeing this as an opportunity f...

by · Money