Business


Tesla Model 3 gets five star rating in NHTSA crash tests Tesla Model 3 gets five star rating in NHTSA crash tests
- September 21, 2018

In late September, the EV maker got more good news - this time, from federal safety regulators. A Model 3 involved in a head-on collision at 60 miles per hour earlier this year also resulted in the driver walking away with just a swollen ankle. (more...)
Tilray dethrones Canopy Growth as the most valuable marijuana stock Tilray dethrones Canopy Growth as the most valuable marijuana stock
- September 21, 2018

Trading was halted several times because of that volatility. He said the investors buying these stocks at their current prices are already betting on enormous successes, but even if legal marijuana takes off, some of the companies will fail. (more...)
Oil Prices Mixed as Trump Blasts OPEC
- September 21, 2018

Trump has earlier called for members of the Organisation of the Petroleum Exporting Countries - primarily cartel kingpin and United States ally Saudi Arabia - to raise their production, and warned importers to stop buying oil from Iran or face U.S. (more...)
Ripple's xRapid Commercial App Ripple's xRapid Commercial App "Could Go Live Next Month"
- September 21, 2018

It is usually not now possible to buy alternative cryptocurrencies such as XRP directly using U.S. dollars. While speaking to CNBC , the executive said he was confident that in the next month or so , supporters should expect good news as the company prepares to launch live production of xRapid . (more...)
Major Australian chain temporarily stops selling needles amid strawberry scare Major Australian chain temporarily stops selling needles amid strawberry scare
- September 21, 2018

Imported Australian strawberries are undergoing thorough checks at the country's entry points following the discovery of sewing needles in the fruit. Home Affairs Minister Peter Dutton also revealed there have now been more than 100 reports of contaminated fruit. (more...)
Liberal MP crosses the floor to join Conservative caucus Liberal MP crosses the floor to join Conservative caucus
- September 21, 2018

The defection was the first from the Liberal ranks since Trudeau took power after an October 2015 election, when Alleslev overturned a large Conservative majority in her parliamentary constituency to win by around 1,100 votes. "We see fundamental shifts in the global economy, while trade relationships, worldwide agreements and defence structures are under threat". Conservative Leader Andrew Scheer welcomed former Liberal MP Leona Alleslev to his party on Monday, announcing she would be ... (more...)
Is the United Kingdom finally close to agreeing a Brexit deal? Is the United Kingdom finally close to agreeing a Brexit deal?
- September 21, 2018

President of European Council Donald Tusk (left) and the President of the European Commission Jean-Claude Juncker. Today's commentary does not suggest that there has been a material downgrade in the prospect of an agreement being reached, because, as UK Prime Minister Theresa May said earlier, there will not be a second referendum as things now stand; the UK will Brexit, it just depends if it's the "soft" or "hard" variety. (more...)
All 27 European Union leaders believe current Brexit trade plan All 27 European Union leaders believe current Brexit trade plan "will not work"
- September 20, 2018

He said Brexit "demonstrated that those who explain that one can get by easily without Europe - that it will all go well, that it is easy and brings in a lot of money - are liars". Given that she is more than aware of the pressure she's under to change policy, there has to be some reason for not buckling. "This does make things more hard". (more...)
Japan's oil refiners temporarily halt Iranian loadings on sanctions threat: PAJ Japan's oil refiners temporarily halt Iranian loadings on sanctions threat: PAJ
- September 20, 2018

The refiners in question - Indian Oil Corp, Nayara Energy and Mangalore Refinery and Petrochemicals - will route payments through UCO Bank and IDBI Bank , which have domestic branches in Iran and don't have any exposure to the US. India risks being cut off from the United States financial system if it continues to maintain financial transactions with Iran without a waiver. The rupee can be used by Iran to pay for imports from India. (more...)
European Union warns Britain it must 'rework' Brexit plans European Union warns Britain it must 'rework' Brexit plans
- September 20, 2018

This evening I will call on leaders to stop the migration blame game. Maltese prime minister Joseph Muscat has said there is "almost unanimous" support among EU leaders for Britain to hold a second referendum on membership of the union. On Tuesday, the EU's Brexit chief negotiator Michel Barnier said the bloc was ready to improve its proposal for an "insurance policy" backstop arrangement on how to manage the Irish border after Brexit. (more...)
Low cabin pressure causes nosebleed, Jet Airways flight returns to Mumbai Low cabin pressure causes nosebleed, Jet Airways flight returns to Mumbai
- September 20, 2018

The carrier is among those struggling to make money in the Indian market, where competition has driven fares below cost. "Some of us experienced nose bleeding and headache", Darshak Hathi, a passenger said. It went on to add that the plane landed normally as guests " deplaned safely " and taken to terminal. After the flight's all three Instrument Landing System (ILS) receivers on board malfunctioned, the pilot says, "They are stuck, and there is no fuel". (more...)
Amazon considering opening up to 3,000 cashierless stores by 2021- Bbg Amazon considering opening up to 3,000 cashierless stores by 2021- Bbg
- September 20, 2018

The cashierless shops allow customers to load up on snacks and walk out without the hassle of standing in line as the store sends a bill later.While Seattle and Chicago are already living the dream, Amazon is now considering a plan to open upwards of 3,000 cashierless stores over the course of the next few years, according to AdAge . (more...)
Jack Ma warns that trade war will drag on for decades
- September 20, 2018

The Alibaba ( BABA ) chief grabbed attention at the start of a year ago when he made the ambitious jobs pledge following a meeting with Donald Trump , who was president elect at the time. Ma said a lot of businesses in China and the USA will be in trouble in the short term, and eventually, Chinese firms will be forced to turn to other countries, CNN reported. (more...)
President Trump to visit Cherry Point as part of Florence tour
- September 20, 2018

We will never leave your side. "We want to make sure everyone has adequate time to evacuate if these waters continue to rise and crest at the forecasted levels", he said . "Is everybody OK?" he asked those gathered, assuring them it was "going to be OK". "We're getting all teed up for a lot of money to come down to the area". (more...)
Coca-Cola considering cannabis beverages Coca-Cola considering cannabis beverages
- September 20, 2018

Reports from Bloomberg indicate that Atlanta-based Coca-Cola may be looking at getting into cannabis-based beverages, but the beverage giant denied those reports in a statement released Monday. Last month Canopy shook up the industry after USA alcohol giant Constellation Brands invested another $5 billion in the pot producer for a almost 40 per cent stake. (more...)
Cathay Pacific spells its own name incorrectly on new plane Cathay Pacific spells its own name incorrectly on new plane
- September 20, 2018

The airline appears to have taken the typo in stride, writing on social media: "Oops this special livery won't last long!" Republishing the photos from the Hong Kong Aviation Discussion Board (HKADB) on the airline's Twitter page, Cathay Pacific wrote: "Oops this special livery won't last long!" The airline said it was a genuine mistake, although some in the industry said it was inexplicable. (more...)
Oil prices edge up as supply concerns outweigh U.S. stockpile gains Oil prices edge up as supply concerns outweigh U.S. stockpile gains
- September 19, 2018

USA crude futures CLc1 settled up $1.27, or 1.8 percent, at $71.12 a barrel. "I think that is going to remain the theme for the next six weeks until the next round of USA sanctions against Iran kick off". Stockpiles of distillate fuels, which include diesel and heating oil, rose by 1.5 million barrels, the API data showed, compared with expectations for a 651,000-barrel gain. (more...)
Amazon makes headway in breaking up Facebook and Google's digital ad duopoly Amazon makes headway in breaking up Facebook and Google's digital ad duopoly
- September 19, 2018

Meanwhile, Facebook and Google together will have about 58% market share this year. The research firm, in a report released September 19, forecast Amazon U.S.ad revenue to more than double this year, to $4.61 billion. "We're seeing a broader appeal to advertisers than we might have expected", she said. "We have hundreds of thousands of emerging and established advertisers". (more...)
New EU terms still mean unacceptable Irish sea border - DUP New EU terms still mean unacceptable Irish sea border - DUP
- September 19, 2018

But many business chiefs and investors fear politics could scupper an agreement, thrusting both the European Union and the United Kingdom into a "no-deal" Brexit that they say would weaken the West, panic financial markets and block the arteries of trade. (more...)
China Trade Friction May Last 20 Years: Jack Ma China Trade Friction May Last 20 Years: Jack Ma
- September 19, 2018

Alibaba Group chairman Jack Ma attends the WAIC in Shanghai , China, on September 17, 2018. Chinese internet giant says growth in paying customers and revenue from higher value-added services boosted cloud revenue for its June quarter, and points to Southeast Asia and South Asia as expansion targets amidst China-US tariff war. (more...)
Tesco to open first of its new Jack's discount stores in Chatteris Tesco to open first of its new Jack's discount stores in Chatteris
- September 19, 2018

Tesco is Britain's grocery market leader with a share of 27.4%, while Aldi and Lidl have increased their combined share to 13.1%, according to the Kantar Worldpanel data. It comes after the UK's so called Big Four supermarkets - Tesco, Asda, Sainsbury's and Morrisons - have taken a hammering at the hands of Lidl and Aldi. (more...)
Apple hands €14.3bn in back taxes to reluctant Ireland
- September 19, 2018

Ireland disagrees with this, though, and is appealing the decision, as it would like other cash-rich multinationals to continue to invest in the country and enjoy the benefits of its generous business tax regime. Apple is refusing to comment on the decision, instead rehashing a statement from previous year that said it is cooperating with the recovery process and was confident the decision would be overturned. (more...)
New York Says Three Crypto Exchanges May Be Breaking the Law New York Says Three Crypto Exchanges May Be Breaking the Law
- September 19, 2018

A number of cryptocurrency exchanges lack basic consumer protections and are vulnerable to exploitation by market manipulators, the NY attorney general's office said in a report Tuesday. Former New York Attorney General Eric Schneiderman started the Virtual Markets Integrity Initiative program in April and requested information from a number of exchanges specializing in bitcoin and other cryptocurrencies. (more...)
Needles in strawberries reported in Kelmscott, Spearwood and Bull Creek Needles in strawberries reported in Kelmscott, Spearwood and Bull Creek
- September 19, 2018

An investigation is underway after a metal object was found inserted into a banana in a Coles supermarket in Queensland , the state Police Commissioner has confirmed . "My mum Leena Lee Cufari and my step dad has worked years to build this empire they're sitting on now, they put all their money and effort in to build such a successful business", Chheang said. (more...)
Chinese flight attendant fired after getting engaged during flight Chinese flight attendant fired after getting engaged during flight
- September 19, 2018

But instead, she was sacked from her job with China Eastern Airlines after a video of the mid-flight proposal went viral on social media, according to a report from Singapore's Channel 8 . She said all passengers were moved by the scene and applauded to the couple. According to Channel 8, the airline's letter detailed that the "private romantic behaviour caused turmoil among passengers" and was "extremely irresponsible for the safety of passengers". (more...)
Facebook discriminates against women job-seekers, ACLU alleges in EEOC complaint Facebook discriminates against women job-seekers, ACLU alleges in EEOC complaint
- September 19, 2018

All but one of the job ads cited in the complaint were also targeted to younger workers. "Sex segregated job advertising has historically been used to shut women out of well-paying jobs and economic opportunities", said ACLU Attorney Galen Sherwin in a statement . (more...)
Sexual harassment : McDonald’s workers stage strike Sexual harassment : McDonald’s workers stage strike
- September 18, 2018

The demand comes as McDonald's workers staged walkouts in cities across the U.S.to call attention to alleged harassment at some McDonald's restaurants and to protest what they say is inaction by the company. A Dartmouth College history professor told the AP she's aware of only one precedent to the fast-food chain's strike. She pointed to victories by hotel workers in Chicago , where an ordinance now requires hotels to provide panic buttons to all workers who clean, restock, or take ... (more...)
Suspected looters caught on camera at Family Dollar after Florence Suspected looters caught on camera at Family Dollar after Florence
- September 18, 2018

WWAY spoke with Wilmington Police spokeswoman Linda Thompson, who said Family Dollar management asked them not to intervene and said "it's just a loss". Officials say five people were charged in connection with that robbery. He also suggested that police prosecute looters to the fullest extent of the law. (more...)
My Brexit plan or crash out of European Union, says Theresa May My Brexit plan or crash out of European Union, says Theresa May
- September 18, 2018

Her comments were in response to questioning about the Bank of England's governor Mark Carney's warning that a no-deal Brexit could see house prices crash by more than a third. Northern Ireland is part of the United Kingdom. With May's plans in doubt, many British ministers have outlined the damage that they say a disorderly "no-deal" Brexit would do to the British economy and its reputation as a politically stable haven for investment. (more...)
Celebrate National Cheeseburger Day with free or discounted burgers, and nothing else Celebrate National Cheeseburger Day with free or discounted burgers, and nothing else
- September 18, 2018

Through September 30, get a free Dave's Single hamburger with any purchase at Wendy's . McDonald's gave away 100,000 free cheeseburgers last year but upped the ante this year to 200,000 freebies. The offer is only available at the Sandusky B-Lux Grill and Bar location and is only available for the first 500 customers who buy a burger entree. With help from the folks at Yelp, we compiled the following list of 10 burger restaurants that have perfected the cheeseburger. (more...)

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