Business

US Elections: Referendum on Trump’s presidency? - Rabobank

US Elections: Referendum on Trump’s presidency? - Rabobank Sally Persons says the President would consider this a validation of his victory in 2016 as well as his agenda for the past two years. Americans would elect 435 members of the House of Representatives and 35 of the 100 Senate seats , 36 governors' posts and seats in state legislatures across the country in the mid-term polls. [Full Article...]

Amazon rolls out free shipping promotion for the holidays

Amazon rolls out free shipping promotion for the holidays It may be because Amazon felt the need to compete with big box stores who are also offered free shipping promotions. Amazon's free-shipping promotion begins today, and while the company doesn't provide a firm end date, it sure sounds like this will be running all the way through the holiday season, possibly right up until the end of the year. [Full Article...]

Here, boy . . . Tesla cars will follow owners like a pet

Here, boy . . . Tesla cars will follow owners like a pet Musk said the truck would also parallel park itself. "It is possible for another SEC enforcement action down the road if it turns out that the projections were purposefully or recklessly made without a basis", Dublow, a former branch chief in the SEC's enforcement division, said. [Full Article...]

LIOC also reduces fuel prices

LIOC also reduces fuel prices RAC Fuel Watch data shows there was a 3.5p per litre fall in wholesale prices yet petrol started and finished the month at 130.6p per litre. Just like in the capital Delhi, the price of petrol has declined by 19 paise per liter in the country's financial capital Mumbai, which has now cost Rs 84.49 per liter. [Full Article...]

U.S. job growth seen accelerating; strong annual wage gain expected

U.S. job growth seen accelerating; strong annual wage gain expected The country's jobless rate hit a near half-century low in September . USA employers added more people than expected to their payrolls in October as wages grew at their fastest pace since April 2009, according to the jobs report released Friday by the Bureau of Labor Statistics . [Full Article...]

Amazon building partially collapses in Baltimore

Amazon building partially collapses in Baltimore An Amazon official says the two people killed after part of a distribution warehouse in Baltimore collapsed amid severe weather weren't employees of the online retail giant, but worked for an outside company. "First responders remain onsite assessing the damage". The Amazon Fulfillment Center was one of several buildings to suffer from storm-related damage. [Full Article...]

Apple Reports Fourth Quarter Results

Apple Reports Fourth Quarter Results The firm said net profit climbed 32 percent to $14.13 billion on revenue that was up 20 percent to $62.9 billion with help from growing sales of digital content and services to users and other Apple gadgetry. "I hope that's the case here". Apple sold 46.9 million iPhones in the past quarter, slightly below analyst estimates. "By not reporting units, it effectively removes the discussion of r... [Full Article...]

Google Canada Employees Stage Walkout Over Sexual Misconduct Allegations

Google Canada Employees Stage Walkout Over Sexual Misconduct Allegations A similar scene was witnessed at Google offices in India, Dublin, London, Tokyo, Singapore, Zurich, Berlin, Chicago, Seattle and at its headquarters in Mountain View, California. Google did not dispute the report, according to Reuters. Thursday's protest will be a test of how effectively Pichai has managed to placate staff anger over the issue. [Full Article...]

Brazil's Jair Bolsonaro to move embassy to Jerusalem

Brazil's Jair Bolsonaro to move embassy to Jerusalem Israel considers the entire city its capital, while the Palestinians see east Jerusalem as the capital of their future state, with worldwide consensus being that the status of the whole city must be negotiated between the two sides. While the Palestinians claim East Jerusalem - occupied by Israel in the 1967 Middle East war - as the capital of a future state. Bolsonaro has outraged many with h... [Full Article...]

Trump speaks by phone with China's Xi on trade

Trump speaks by phone with China's Xi on trade The leaders of the world's two largest economies made the remarks after their first publicly disclosed telephone conversation in nearly six months. "By the way, the president on one of the cable shows, did say - it didn't get picked up - that if some kind of amicable deal with China were to happen, then a lot of tariffs might be pulled back". [Full Article...]

Trump, Xi upbeat on ending trade war

Trump, Xi upbeat on ending trade war Team Trump on Friday threw cold water on reports that the administration was close to cutting a trade deal with China. "We're not on the cusp of a deal". "We have already put out asks to China with respect to trade". China should attach great importance to the current situation and be more proactive in taking measures to cope with the issues, China's official news agency reported , citing a... [Full Article...]

Elon Musk Doesn't Think Apple Is Making Happy Products Anymore

Elon Musk Doesn't Think Apple Is Making Happy Products Anymore But the company fell far short due to problems with automation at its Fremont, California, factory, making just 793 in the last week of 2017 and 2,700 for the entire year. It didn't hit the 5,000-a-week target until June 2018. But the company also says if the government decides to take enforcement action "there exists the possibility of a material adverse impact on our business, results of opera... [Full Article...]

Crude oil futures decline on overseas leads

Crude oil futures decline on overseas leads Strong demand from overseas paired with higher production has brought crude exports to their second-lowest deficit in the past five years. The 15-member producer cartel of the Organisation of the Petroleum Exporting Countries ( OPEC ) boosted oil production in October to the highest since 2016 at 33.31 million barrels per day (bpd), a Reuters survey found this week. [Full Article...]

Pakistan rejects Indian criticism on CPEC bus service

Pakistan rejects Indian criticism on CPEC bus service China and Pakistan refer to themselves as "all-weather friends", united in their rivalry against mutual neighbour India and entwined in a web of military, political and economic links. His visit here was regarded as significant as it is taking place amid critical remarks made by some ministers in Khan's Cabinet on the CPEC which had caused consternation among Chinese leaders considering the "all-... [Full Article...]

Free Google Home Mini With New Or Existing Spotify Family Account

Free Google Home Mini With New Or Existing Spotify Family Account There's sure to be more information available at spotify.com/us/family/ once the promotion actually starts. Spotify made the announcement of partnering with Google and giving out a free voice assistant to eligible accounts through the link in the Source below the article. [Full Article...]

Drunk Japanese pilot arrested at Heathrow Airport

Drunk Japanese pilot arrested at Heathrow Airport Singapore Airlines also hit the news after one of its pilots failed a blood alcohol test in Melbourne and prompted the cancellation of two flights. Katsutoshi Jitsukawa, 42, had nearly 10 times more than the legally permitted amount of alcohol in his bloodstream when he was arrested, CNN quoted the Metropolitan Police as saying on Thursday. [Full Article...]

Trump, Xi upbeat on US-China trade; US targets more Chinese firms

Trump, Xi upbeat on US-China trade; US targets more Chinese firms Trump said trade talks were "moving along nicely" and that meetings were "being scheduled" at the G20 summit in Buenos Aires. On Thursday, the USA accused a Chinese state-owned company of conspiring to steal trade secrets of U.S. Although U.S. -China relations have been rocky, Keqiang said he is optimistic both nations can work together in the spirit of mutual respect. Just after the upbeat re... [Full Article...]

Oil prices pulled down by surging output, but Iran sanctions loom

Oil prices pulled down by surging output, but Iran sanctions loom Already, through its pressure campaign, the USA has managed to reduce Iran's oil exports from 2.7 million to 1.6 million barrels a month, according to internal US estimates. Bloomberg reported that close United States allies South Korea and Japan had received waivers along with India, which relies heavily on supplies from Iran. [Full Article...]

Trump administration to block Chinese chip maker from American businesses

Trump administration to block Chinese chip maker from American businesses The limits announced Monday reflected official concern Chinese competition might drive some American technology suppliers out of business and leave the United States without sources of components needed by the military. ZTE, which failed to comply with stipulations after violating the sanctions placed on Iran and North Korea, was allowed to resume purchases of USA products after a revised settleme... [Full Article...]

US Sanctions On Oil Exports Not Impacting Us: Iran

US Sanctions On Oil Exports Not Impacting Us: Iran Brent crude oil futures were down 8 cents, to $77.54/Bbl at 1:38 p.m. ET, dropping roughly 6.3% this month, and threatening to post the worst decline also since July 2016. The U.S. dollar index .DXY also rose , supported by robust U.S. consumer spending data. Crude oil futures fell Monday as investors reduced exposure, extending weakness that started a week ago amid increased investor caution i... [Full Article...]


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