German automakers offer to end EU's tariff's on U.S. autos

23 Jun, 2018

Foxconn , which as China's largest private employer keeps about a million on its payroll, has drawn fire for years over practises such as allowing overtime to soar during the peak season, when it sharply ramps up production to get devices to market in time for the holidays.


Trump Threatens Another $200 Billion in Chinese Tariffs as US Stocks Plunge

22 Jun, 2018

In New York , the Dow Jones industrial average ended down 287.26 points at 24,700.21. European markets also suffered, trading more than 1 per cent lower . Trump accused Beijing of being unwilling to resolve the dispute over complaints it steals or pressures foreign companies to hand over technology. "The ball is now in China's court to decide how long it will wait before it follows through on its reform promises", the chamber said.


China trade fight comes at tricky time for Chinese economy

20 Jun, 2018

President Trump is back on his warhorse called Tariffs , yesterday announcing he was considering the introduction of a 10-percent levy on Chinese goods worth US$200 billion. Miffed by Pompeo's comments, China hit back saying that USA is making allegations to cover up its unilateral protectionist policies. The White House is also expected to announce restrictions on investments by Chinese companies in the United States by June 30.


Report faults Comey but finds no political bias

18 Jun, 2018

Now that one day's worth of dust has settled following the release of the report on the actions of the FBI during the 2016 election campaign from the Office of Inspector General, we can say the truth - not surprisingly - is somewhere between the "total disaster" for the Bureau that President Trump says it is and the nothing burger Democrats and left-wing media claim it is.


Musk's Boring Company wins bid to build high-speed system in Chicago

17 Jun, 2018

They would reach speeds as high as 150 miles per hour (240 kilometers per hour), zipping passengers between the Midwestern city's downtown core and its O'Hare airport, one of the nation's busiest. Musk announced last month that it had almost finished building its first stretch of tunnel there. According to the Boring Company , the skates would have Wi-Fi and be large enough to hold passengers and cargo.


Fed Strongly Suggests Two More Rate Hikes by Year's End

15 Jun, 2018

The central bank's decision to nudge up its benchmark short-term interest rate by another quarter point, to a range of 1.75 percent to 2 percent, was widely expected . "The Fed deserves tremendous credit for steering the economy to calmer waters, supporting what is likely to be the longest expansion in USA history while meeting inflation and employment objectives", said Stephen Gallagher, chief US economist at Societe Generale.


How Fox's businesses would match up with Disney and Comcast

15 Jun, 2018

Comcast has made an all-cash offer of roughly $65 billion to acquire Fox's assets. USA government regulators tried to block the US$85 billion (NZ$120bn) deal, arguing the merger would reduce competition in pay TV and lead to higher prices for consumers.


Net neutrality rules officially repealed in US

13 Jun, 2018

The Federal Communications Commission has officially lifted Obama-era internet protections known as net neutrality, leading to a potential change in how fast apps, websites and online services load depending on internet service providers (ISP.) The change comes six months after the FCC voted to undo the rules.


Kim Jong Un tours Singapore, takes selfie ahead of summit

12 Jun, 2018

He said his perception of Kim - a "bad guy with nuclear weapons" - had improved considerably following his two meetings with South Korean President Moon Jae-in at the border truce village of Panmunjom. A large limousine with a North Korean flag was surrounded by other black vehicles with tinted window as it sped through the city's streets. "North Korea has previously confirmed to us its willingness to denuclearize, and we are eager to see if those words prove honest", Pompeo said.


Andrew Garfield Dedicates His Tony Award to LGBTQ Community

11 Jun, 2018

Who's Hosting?: Josh Groban and Sara Bareilles have been named this year's emcees. The cast and producers of " The Band's Visit " pose backstage with their awards, which include the Tony for Best Musical. Then, getting political, Garfield said, referring to the recent SCOTUS decision , "Let's all bake a cake for everybody who wants a cake to be baked!" In one of the ceremony's most mesmerizing moments, Melody Herzfeld, the heroic drama teacher who nurtured numerous young people ...


Elon Musk staves off challenge to stay as Tesla's Chairman

07 Jun, 2018

Musk told them it was "extremely likely" Tesla would hit a 5,000 car/week production rate of its Model 3 . Speaking about the company's failure to reach production goals, the CEO and chairman said that Tesla is more about love than finance.


Europe, Mexico, and Canada retaliate against Trump's steel and aluminium tariffs

02 Jun, 2018

Europe felt that "legitimate exports" from the European Union to US markets did not justify tariffs , David O'Sullivan the EU's Ambassador to the USA told a discussion held by the Wilson Centre in Washington DC on Wednesday. The United States will be slapping tariffs on Canadian steel and aluminum effective midnight tonight. The EU threatened tariffs on Harley Davidson motorcycles and bourbon, measures aimed at the political bases of US Republican legislators.


What Stores Will Be Participating In National Doughnut Day?

01 Jun, 2018

The offer is good all day. Any online pizza purchase Friday comes with a free order of the new sweet treats . Check out more on Papa John's website . 222 22nd St. S, St. Petersburg. There are plenty of free doughnuts for the taking if you know where to go. The start of June marks the beginning of summer-but this year, June 1 also marks National Doughnut Day .


Service dog goes into labor at Tampa International Airport

29 May, 2018

Ellie the service dog was accompanying a passenger en route to Philadelphia when her litter decided it was time to make its entrance into the world. The Tampa Fire Department also showed up to assist and all eight puppies and mom are now doing well.


Donald Trump Went on Another Twitter Rampage Over North Korea

29 May, 2018

According to The Guardian , Moon said, without elaborating, that Kim had "committed to complete denuclearization" but noted that he was unsure if he could trust the USA administration. "We would like to make known to the U.S. side once again that we have the intent to sit with the USA side to solve problem (s) regardless of ways at any time", said Kim in comments published Friday by the country's state-run news agency KCNA.


OPEC's suggestion of more oil drags markets lower

27 May, 2018

Analysis emailed from commodity pricing group S&P Global Platts, meanwhile, revealed expectations of a 1.7 million barrel drain on commercial crude oil inventories in the United States, showing the market is now moving toward a deficit. It is set to enter into effect on January 1, 2020, and according to analysts, this can be another major driver for oil prices over the next two years as the energy and shipping industries are not quite ready for the incoming change.


AAP govt urged to roll back Value-Added Tax on petrol, diesel

27 May, 2018

The reason behind the increasing fuel prices is the increase of the price of crude oil in the global market and the weakening of INR against Dollars. "Bonanza to Central government is ₹25 on every litre of petrol". "The government has given us the freedom to revise prices daily". State sales tax or VAT vary from state to state. "We have said that the state would be ready to bring the petroleum products under GST regimen".


Disney Might Lose 21st Century Fox Purchase to Comcast With Upcoming Offer

25 May, 2018

Comcast, which already owns NBCUniversal, noted that no final decision had been made about submitting a bid but released the statement in light of recent SEC filings by Disney and Fox seeking shareholder approval for their deal. Marvel would get back the characters previously licensed to Fox , reuniting X-Men with the Avengers. Maybe the stock could be broken up a little more, with Comcast and Disney choosing the assets that suit them? " Disney's streaming ambitions going forward", ...


Khamenei blasts United States for leaving nuclear deal

24 May, 2018

However, in Paris, France's foreign minister said the United States decision to scrap the Iran nuclear deal would strengthen Tehran's hardliners and endanger the region . sanctions at once - a major blow to EU businesses that have invested in the Islamic Republic since world powers implemented the nuclear deal. Pompeo, Trump's former director of the Central Intelligence Agency, demanded major changes from Iran and said America will not allow the country to develop a nuclear weapon: "Not ...


Jared Kushner's security clearance restored

24 May, 2018

Kushner sat down with investigators for special counsel Robert Mueller for at least the second time last month, said a source familiar with the matter who spoke on condition of anonymity because of the criminal investigation. Kushner's family business, for example, is finalizing a deal to finance its most troubled Manhattan property, 666 Fifth Ave., which faces a deadline early next year for repayment of a $1.2 billion debt.


Kroger allies with United Kingdom online grocer Ocado

18 May, 2018

Ocado , a FTSE 250 index constituent calls itself the largest dedicated online grocery retailer in the world, and has developed what it calls a unique operating solution that is end to end for only grocery retail based on IP and proprietary technology suitable for its own business as well as for the commercial partners of the grocer.


NWS issues flood watch for central Montana

17 May, 2018

The temperature is predicted to drop to about 60 degrees tonight. Meanwhile, a Flood Warning for the St. Joseph River at Three Rivers has been extended from Monday afternoon to Saturday evening. "Main concern deals with potential for heavy rain/possible flooding", the National Weather Service wrote in a forecast discussion. Recent heavy rain has once again pushed several northwest OH rivers out of their banks.


Lois Lane of 'Superman', Margot Kidder, has died aged 69

17 May, 2018

Margot Kidder starred in three different Superman films as the original Lois Lane with Christopher Reeve . After the second movie in the Superman series, Kidder became involved in politics, something she was passionate about the rest of her life.


Kia reveals diesel mild-hybrid powertrain

17 May, 2018

By electronically controlling the MHSG using the inverter, the system switches between two modes: "motor" and "generator". Mild hybrid drivetrains are becoming an increasingly popular choice for carmakers due to the relative cost effectiveness and ease of integration when compared to a full hybrid system, which require much larger battery packs and ancillary hardware.


Senate Democrats push to reinstate 'net neutrality' rules

17 May, 2018

And the high-profile vote could shine a spotlight on lawmakers running for reelection during a tough midterm campaign season. Angus King of Maine and Bernie Sanders of Vermont, as well as three Republicans - Susan Collins of Maine, John Kennedy of Louisiana and Lisa Murkowski of Alaska.


Uber ends arbitration requirement for sex misconduct claims

16 May, 2018

Arbitration clauses have played a role in high-profile settlements involving film mogul Harvey Weinstein and others, enabling accusations and settlements to be made in secret. The changes concerning misconduct have come a month after Uber announced that it will carry out criminal background checks on its USA drivers annually and add a 911 button for summoning assistance in case of emergencies; an effort to keep people from using its service to prey on possible victims.


Tesla on autopilot hits firetruck; Elon Musk announces reorganization

15 May, 2018

Tesla confirmed the contents of the email after they were reported by the Wall Street Journal . It is not known whether the autopilot function of the Tesla vehicle was activated at the time. Witnesses indicated the Tesla Model S did not brake prior to impact. In one of those accidents, a woman in Utah broke her foot after she slammed into a truck when her vehicle allegedly ran a red light while it was in autopilot mode.


Oops; Gap apologizes for T-shirt's wrong China map

15 May, 2018

According to the Global Times , a mouthpiece of the Communist Party, a photo posted on Chinese social media and taken at a store in Canada showed that self-governed Taiwan , which China considers to be a renegade province, was omitted from the map on the T-shirts.


US President Donald Trump says working on to solve ZTE issue

14 May, 2018

Jobs in China are at risk, he said. But dealing this blow to Chinese telecom - at least in part to get ahead in the race for 5G - has cost U.S. chipmakers $1.5B in contracts, and smaller firms like Acacia (a fiber company that did 30% of its business with ZTE) lost 36% of its stock value instantly.


Theresa May faces cabinet revolt as Remoaners try to sink customs partnership

14 May, 2018

Michael Gove is asked by the BBC's Nick Robinson whether he agrees with Boris Johnson that a customs partnership with the European Union after Brexit, thought to be favoured by Theresa May, is insane. Labour is in favour of setting up a new customs union with the EU after Brexit, something it says is backed by the trade unions and industry body the CBI.




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