Business

Angry Trump supporters threaten backlash over 'Impeach 45' clothing range

Angry Trump supporters threaten backlash over 'Impeach 45' clothing range However while the Impeach 45 items have been removed from sale other pro-Trump items are still available on the site. Supporters of President Trump are angry at Walmart for selling shirts that call to impeach Trump . Teespring had their shirts pulled off the Walmart website days later. Walmart came under fire for another incident last November when customers noticed a shirts that read, "R... [Full Article...]

Trump Says Saudis Must Compensate For Drop In Iran Oil Supply

President Donald Trump said in a tweet that he spoke to King Salman and explained to him that, because of the turmoil and dysfunction in Iran and Venezuela, he asked that Saudi Arabia increase oil production, to which the Saudi king agreed. [Full Article...]

Amazon Prime Day 2018: These early deals are available right now

Amazon Prime Day 2018: These early deals are available right now Amazon has also started sale on some of its own products. Each day, new deals on Prime Video , Amazon Music , and Twitch Prime will be unlocked, offering huge discounts on movies, music and Kindle books. If you haven't yet, sign up here for Amazon Prime , and enjoy a 30-day free trial. So this year Amazon Prime Day will take place on Tuesday July 17. [Full Article...]

$2.3 billion of MI exports threatened by tariffs

The business lobbying group says farm states and states with large auto production plants will be particularly vulnerable. Now in all fairness they have their farmers. Asked at a briefing about the Chamber's report, White House spokeswoman Sarah Sanders told reporters: "The president is focused on helping protect American workers and American industries and create a fair playing field". [Full Article...]

Iran issues oil warning as UAE says production can rise

Iran issues oil warning as UAE says production can rise The State Department's threats to China and India intends to drive Iran exports completely off the market. International Olympic Committee plans to buy 7 million tons of crude from Iran in the year ending March 31 versus 4 million tons in the previous fiscal year, A.K. [Full Article...]

Tesla hits 5,000 Model 3 production target

Tesla hits 5,000 Model 3 production target The company badly needs cash from the compact cars to deliver on CEO Elon Musk's promise to post a net profit and positive cash flow in the third and fourth quarters. The Model S and Model X were both premium vehicles with starting prices around $80,000 and $60,000, respectively. The news is obviously good for Tesla , and especially welcomed by those on the ever-growing Model 3 waiting li... [Full Article...]

Trump says King Salman 'agree' to crash oil prices

Trump says King Salman 'agree' to crash oil prices However, the price action on Friday suggests that buyers are still coming in and aggressively willing to chase this market higher. The White House statement undercut a tweet by Trump earlier in the day when he wrote that Saudi Arabia had definitely agreed to produce more oil. [Full Article...]

Amazon is helping entrepreneurs start delivery companies for its packages

Amazon is helping entrepreneurs start delivery companies for its packages Amazon will take an active role in helping interested entrepreneurs start, set up and manage their own delivery business. The latest initiative is particularly important as more customers sign up for Prime Now , stoking demand for two-hour deliveries, said Colin Sebastian, an analyst with Robert W Baird & Co., in a note to clients. [Full Article...]

Toys ‘R’ Us writes heartwarming goodbye as it closes for good

Toys ‘R’ Us writes heartwarming goodbye as it closes for good This might have been totally a joke but it still shows the impact Toys R Us had on all of us. Madelyn Garcia, who has worked at Toys R Us for 30 years and became a manager at the Boynton Beach store in September, told The Palm Beach Post that the Toys R Us team is a "family" and therefore should be compensated properly. [Full Article...]

Rupee at all-time low: What is pushing it down? HSBC India answers

Rupee at all-time low: What is pushing it down? HSBC India answers Subsequently, the fall in oil prices from $72 to $64 on expectations that the Organization of Petroleum Exporting Countries (OPEC) will increase production gave a breather to the Indian rupee . The volatility is being driven by global factors, including proposed USA sanctions on Iran and the mismatch in demand and supply of oil, said Subhash Chandra Garg, the economic affairs secretary in t... [Full Article...]

Bali reopens airport after volcano eruption strands thousands of tourists

Bali reopens airport after volcano eruption strands thousands of tourists The Ngurah Rai airport began operating at 2.30 pm local time (12 pm Indian Standard Time), about 12 hours after it was shut. "At this stage, scheduled flights this afternoon and this evening are planned to operate subject to any change in conditions". [Full Article...]

Ryan, Walker react to Harley moving production

Ryan, Walker react to Harley moving production If they move, watch, it will be the beginning of the end - they surrendered, they quit! Mr. Trump is right that the company announced plans to build a plant in Thailand long before the current tariff escalation. Does Harley even understand what 'Made in America means?' Harley-Davidson plans to shift some motorcycle production away from the United States to avoid the "substantial" burden of Europ... [Full Article...]

Cut Iran Oil Imports or Face Sanctions

Cut Iran Oil Imports or Face Sanctions At the tail end of 2017, it reportedly stood at 42,890. It wasn't immediately clear who led Monday's protests. At the end of previous year, similar economic protests roiled Iran and spread to some 75 cities and towns, becoming the largest demonstrations in the country since its 2009 disputed presidential election. [Full Article...]

US stocks slide on escalating US-China trade tensions

US stocks slide on escalating US-China trade tensions The recent imposition of import tariffs by the USA, and counter-measures by other countries, are also starting to affect global production and supply chains. Navarro, appearing on CNBC at 3 p.m., appeared to reverse the course set by Mnuchin-and with it the market. Last week, the White House introduced a 25 percent tariff on $50 billion of Chinese imports to the country. [Full Article...]

Harley-Davidson moving some production overseas; Donald Trump 'surprised'

Harley-Davidson moving some production overseas; Donald Trump 'surprised' The company operates manufacturing facilities in Brazil, India and Australia, and expects to start operating the new Thailand factory this year. Harley-Davidson's stock dipped 6 percent on Monday as it became embroiled in a raging trade dispute between the US and Europe, which accounts for a significant amount of its sales. [Full Article...]

Trump planning new curbs on Chinese investment in the US

Treasury Secretary Steven Mnuchin tweeted the report was "fake news", saying the statement was not specific to China, but all countries who are tying to steal United States technology. Goods assembled and exported in one country often depend on components manufactured in another, after being designed in yet a third country, making the national trade deficit focused on by President Trump an u... [Full Article...]

Turkey’s Erdogan to assume sweeping powers after victory in presidential election

Turkey’s Erdogan to assume sweeping powers after victory in presidential election Polls closed at 5 p.m. local time, and though Turkey does not have exit polls, the Supreme Electoral Council said it hoped to announce preliminary results before midnight. Ince's opposition Republican People's Party (CHP) had 23 percent. One of the big takeaways from the election is that the Kurdish Peoples' Democratic Party (HDP) passed the 10% threshold to enter parliament. [Full Article...]

Harley-Davidson To Shift Some Production Overseas Due To Trade War

Harley-Davidson To Shift Some Production Overseas Due To Trade War European tariffs imposed as retaliation for President Donald Trump's taxes on imported steel and aluminum will add about $2,200 on average to the cost of every Harley-Davidson motorcycle exported to the continent, the company said Monday. [Full Article...]

Kentucky Bourbon Warehouse Collapse Sends 9,000 Booze Barrels Rolling

Kentucky Bourbon Warehouse Collapse Sends 9,000 Booze Barrels Rolling Nelson County Dispatch Director Milton Spalding said it's unclear what caused the collapse. WLKY reported that water samples from the area have come back clean and the EPA is on scene. Mr Mattingly said there was a 3.5m (12ft)-deep basement under the warehouse, and the emergency services hoped most of the whiskey went into it. It could be days or weeks before the company fully assesses d... [Full Article...]

Elon Musk has it out with suspected Tesla saboteur

Elon Musk has it out with suspected Tesla saboteur There's still no suggestion that the employee had any higher agenda than settling a petty dispute with Tesla . Tesla then filed a $1m lawsuit against Tripp . Tesla also claims in its lawsuit that Tripp installed software on the computers used by three other employees "so that the data would be exported even after he left the company and so that those individuals would be falsely implicate... [Full Article...]


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