Business

Business Hired!: Cop shaves homeless man to help him land job at McDonald's
Author: 0 Hired!: Cop shaves homeless man to help him land job at McDonald's

His boss, Police Chief Michael DeLeo, recognizing that these acts of kindness are indeed worth celebrating, disagreed with Carlson's modest statement. Phil said the manager confirmed he had the job as soon as his identification paperwork was in order. Rather, that sort of thing happens all the time and it was just pure coincidence that this particular instance was caught on film.

Business European Union 'ready' to discuss reduction of 'all tariffs' with US
Author: 0 European Union 'ready' to discuss reduction of 'all tariffs' with US

John Kasich (R) said Wednesday that President TrumpDonald John Trump2 women win Georgia Dem runoffs, extending streak for female candidates Giuliani on Trump-Cohen audio: "I've dealt with much worse tapes than this" Roseanne to sit down with Hannity in first television interview since ABC canceled show MORE is resorting to "farm welfare" when what US farmers really want the administration to stop imposing tariffs .

Business US, EU agree to resolve US tariffs on steel, aluminum imports
Author: 0 US, EU agree to resolve US tariffs on steel, aluminum imports

Trump recently placed tariffs on $34 billion in Chinese goods, which prompted retaliatory tariffs on US agricultural products - everything from soybeans to fresh fruit and meat. "We just want it to be a level playing field for our farmers, for our manufacturers, for everybody", Trump said, suggesting the European Union could also be a "big beneficiary" of a revised trading agreement.

Business North Korea dismantling key missile-testing site, images show
Author: 0 North Korea dismantling key missile-testing site, images show

US President Donald Trump welcomed Tuesday reports that North Korea has started dismantling facilities at its main satellite launch station, which is seen as a testing ground for intercontinental ballistic missiles. Joel Wit, founder of 38 North and former State Department official, said numerous facilities that are being razed are relatively new and have only been in place within the last two years.

Author: 0 Trump prepares $12 BILLION bailout fund for farmers hurt by tariffs

The new plan at the Agriculture Department would advance emergency funds for these farmers but likely not provide a long-term solution if the trade disputes with China and other countries persist. "This administration's tariffs and bailouts aren't going to make America great again, they're just going to make it 1929 again". This year's showcase comes during a contentious period in USA trade relations, after the Trump administration targeted China and some United States allies with steep ...

Business In Rare Move for a President, Trump Criticizes Fed
Author: 0 In Rare Move for a President, Trump Criticizes Fed

Trump nominated current Fed Chair Powell, who had served as a governor on the board of the USA central bank, to serve at its helm after Janet Yellen's retirement in February. "I want them to do well", Trump said. "And I don't think there's anybody that really can say they're making a lot of money at these prices, if any". "But it was very unfair".

Author: 0 Ritz Bits pulled from shelves due to possible salmonella contamination

Several varieties of Ritz cracker products have been recalled due to salmonella concerns. Salmonella can cause serious and sometimes fatal infections in young children, frail or elderly people and others with weakened immune systems. Mondelez International Inc.is recalling some Ritz crackers made with an ingredient that could have salmonella bacteria. Consumers who have these products should not eat them, and should discard them.

Author: 0 Trump Says He's 'Not Thrilled' About US Interest Rate Hikes

Trump said he was only expressing his opinion as a private citizen by criticizing the move to raise interest rates. "Debt coming due & we are raising rates - Really?" he tweeted . Trump's rebuke broke with more than two decades of White House tradition of avoiding comments on monetary policy out of respect for the independence of the USA central bank.

Business Trump slams European Union over $5.1B fine against Google
Author: 0 Trump slams European Union over $5.1B fine against Google

Adding to that, Google also specifically banned these smartphone makers from using rival versions of Android on their devices. There are actually a few different angles to the Commission's complaint , but to boil it down, it essentially claimed that Google used Android to cement its search dominance.

Business Tory MP urges vote of no confidence in Theresa May over Brexit
Author: 0 Tory MP urges vote of no confidence in Theresa May over Brexit

Ms Soubry said she did not believe Mrs May was in charge any more. The measure infuriated pro-EU lawmakers and practically killed off the EU's proposed solution for avoiding a hard border on the island of Ireland. 'Some of you will agree with my decision and some of you will disagree - I am well aware of that. Laughter erupted as Labour MP Emma Hardy (Hull West and Hessle) was heard to shout: "Panicking".

Business High wholesale vegetable prices leave common man burdened
Author: 0 High wholesale vegetable prices leave common man burdened

The ONS's preferred measure of inflation which includes housing costs, CPIH, also remained steady, at an annual rate of 2.3 per cent. Fed Chairman Jerome Powell gave an upbeat assessment of the outlook for the USA economy on Tuesday and downplayed the impact of uncertainty over US trade policy on the outlook for additional rate hikes.

Business May wins parliament vote on EU trade laws
Author: 0 May wins parliament vote on EU trade laws

But the biggest domestic problems for May lie in Parliament, where her Chequers Brexit proposal has enraged her hard-liners, led by Jacob Rees-Mogg, a right-wing Conservative lawmaker. On Friday, she will give a speech in Belfast about the government's Brexit White Paper and how it addresses the Irish border issue. Mr Hollingbery, moving the Government's amendments to the Bill, said: "I recognise that members are seeking reassurance that the government will be transparent about the content ...

Business Tesla 'whistleblower' files tip with the SEC (TSLA)
Author: 0 Tesla 'whistleblower' files tip with the SEC (TSLA)

Those tariffs raised the price on Tesla Model S to USD142,000 from about USD115,000, according to 24-7 Wall Street. The Roadster almost brought Tesla to bankruptcy in 2008, but Musk has said the company closed a financing round that kept it afloat on December 24.

Business Murdoch’s Fox raises bid for Sky to $32.5 billion
Author: 0 Murdoch’s Fox raises bid for Sky to $32.5 billion

Comcast, which made a $65 billion all-cash offer for the Fox assets last month only for Disney to raise its bid, is talking to private equity firms, including Apollo Global Management LLC ( APO.N ) and Blackstone Group LP ( BX.N ), to gauge interest about acquiring the RSNs, the sources said.

Business USA adds 213,000 jobs in June, unemployment rate jumps…
Author: 0 USA adds 213,000 jobs in June, unemployment rate jumps…

The news in the household survey was mostly positive. The Bureau of Labor Statistics released a report Friday, showing 36,000 manufacturing jobs were created last month. "Combined with additional jobs and steady hours, payrolls are up by 5 percent since June 2017". This may seem freakish on a number of levels - the person might have stopped looking because she feels her search is hopeless, or because he no longer wants a job.

Business Canada adds 31,800 jobs in June, led by jump in part-time positions
Author: 0 Canada adds 31,800 jobs in June, led by jump in part-time positions

The job growth shows the labour market shrugging off worries about a slowdown triggered by trade fights or rising borrowing costs. Along with the 213,000 jobs added in June, the jobs numbers for April and May were also revised to include 37,000 additional new hires across those months, according to data released Friday by the Bureau of Labor Statistics.

Business What Is OPEC? Trump Attacks Oil Price 'Monopoly'
Author: 0 What Is OPEC? Trump Attacks Oil Price 'Monopoly'

If the Saudis are indeed prepared to cave to Trump, it creates an existential threat to OPEC which may see Iran and other members quit immediately, if Riyadh has made a unilateral decision to pump more. He said Sunday that OPEC should put another 2 million barrels on the market to make up for the coming shortfall in Iranian crude sales due to sanctions.

Business Look at services when griping about trade deficit — European Union to Trump
Author: 0 Look at services when griping about trade deficit — European Union to Trump

News website Axios last week reported that the Republican president wants to withdraw from the WTO, drawing a prompt denial on Friday from Treasury Secretary Steve Mnuchin. As per the Financial Times' report, the European Commission has sent a letter to the US Department of Commerce stating that the EU can slap $300 Billion of US products with taxes if Trump pursues through on his intimidations to put huge tariffs on European automobiles being imported to the US.

Business Europe rejects alliance with China to fight Trump on trade
Author: 0 Europe rejects alliance with China to fight Trump on trade

US President Donald Trump has threatened to escalate the trade conflict with tariffs on as much as a total of $450 billion in Chinese goods if Beijing retaliates, with the row roiling financial markets including stocks, currencies and global trade of commodities from soy beans to coal.

Business China to impose $34bn tariffs before the U.S. as trade dispute escalates
Author: 0 China to impose $34bn tariffs before the U.S. as trade dispute escalates

Noting reports that the United States could add a tax on essentially every product shipped from China, Gao said "using the tariff stick to bully on trade runs against the trend of the times". The industry source said Beijing had been unable to address the Trump administration's concerns on Chinese trade policies in at least five key area, including forced technology transfers, Chinese industrial overcapacity, government subsidies, SOE reform, and Beijing's restrictions in the cloud computing ...

Business Stocks mixed as investors keep eyes on US-China tensions
Author: 0 Stocks mixed as investors keep eyes on US-China tensions

Hong Kong's Hang Seng added 0.5 percent to 28,497.32 while the Shanghai Composite in mainland China extended its losses by 0.9 percent to 2,786.90. Dow futures were down 0.1 percent and S&P 500 futures dipped 0.2 percent. Overnight, U.S stocks closed firmly in the red on increasing trade worries. The move takes gold's decline this month to more than 3 percent - the biggest monthly drop since September - driven by a dollar rally, a large decline in gold held by exchange-traded funds and a ...

Business Tesla Model 3 production reaches 5,000 cars in last week of June
Author: 0 Tesla Model 3 production reaches 5,000 cars in last week of June

CEO Elon Musk celebrated the milestone in an email to employees, praising the "mind-blowing" dedication and creativity required to resolve problems. He thinks the company can reach production of 10,000 vehicles per week, or roughly a half-million per year. The company said the new general assembly line was responsible for about 20 per cent of Model 3s produced last week.

Business Toys ‘R’ Us Closes Doors
Author: 0 Toys ‘R’ Us Closes Doors

Promise us just this one thing: Don't ever grow up. In 2017, Toys "R" Us filed for bankruptcy and in March 2018 the company announced it was going out of business and closing all USA stores. Jacob Rabon IV tweeted two of the photos with the caption: 'I can't believe childhood is cancelled'. Toys "R" Us chief executive officer Jerry Storch has been, "working with multiple investors on a plan to reboot the retailer in the USA, according to people familiar with the situation, who asked ...

Business Amazon Wants to Help You Start Your Own Delivery Service
Author: 0 Amazon Wants to Help You Start Your Own Delivery Service

Then there's the political cost: President Trump, in tweets, has attacked Amazon for "costing the United States Post Office massive amounts of money for being their Delivery Boy". In other words, Amazon just launched its own UPS competitor of sorts, by offering leased vans, training and resources to those who want to drive for Amazon instead of Uber .

Business Harley-Davidson may face credit downgrade because of European Union tariffs
Author: 0 Harley-Davidson may face credit downgrade because of European Union tariffs

But Trump says that's an excuse and threatened the company with a "big tax" if they move their plant. In January, Harley-Davidson said it would close a plant in Kansas City, Missouri, due to a sharp drop in U.S. "If they move, watch, it will be the beginning of the end - they surrendered, they quit!" He accused India of charging tariffs as high as 100% on imported American products and called for them to be removed.

Business Turkey's Erdogan fetes poll triumph, opposition concedes defeat
Author: 0 Turkey's Erdogan fetes poll triumph, opposition concedes defeat

Mr Erdogan was declared Turkey's president by electoral board chairman Sadi Guven, who said he won a majority based on 99.9 percent of counted votes. Erdogan's closest rival, Muharrem Ince, who complained of unfair elections, has yet to formally concede defeat. Turkish President Tayyip Erdogan greets his supporters at the AKP headquarters in Ankara , Turkey on June 25.

Business The best Prime Day 2018 deals on games and beyond
Author: 0 The best Prime Day 2018 deals on games and beyond

And while the event is sure to have sales on just about everything, you'll want to bookmark our Amazon Prime Day 2018 game deals hub so you can easily find the best prices on games and game accessories once Prime Day starts. Amazon India has silently introduced monthly subscription of Prime membership. Since then, Prime Day has turned into a multi-day event, lasting for over 30 hours in 2017.

Author: 0 Supreme Court Overturns Ban on Online Sales Tax

Online retailers, whose stocks plunged on the news Thursday, will have to deal with a hodgepodge system until Congress enacts a federal standard - which is unlikely this year given midterm elections in November. North Dakota, which had said that the Constitution bars states from requiring businesses to collect sales taxes unless they have a substantial connection to the state.

Business Supreme Court Rules States Can Charge Online Shoppers Sales Tax
Author: 0 Supreme Court Rules States Can Charge Online Shoppers Sales Tax

Lower courts ruled against the state's law, following the physical presence precedent. The online stores have contended that charging sales tax would be "burdensome" for small- to mid-sized shops. For others, it also included the added bonus of not having to pay sales tax from select merchants. Washington , which doesn't tax personal income or capital gains, depends heavily on sales-tax revenues to help fund government services.

Business Trump's tariff war threatens to erode support of farmers
Author: 0 Trump's tariff war threatens to erode support of farmers

US President Donald Trump on Friday announced 25% tariffs on Chinese goods worth USD50bn within tech products and warned that the US would impose additional tariffs should China take retaliatory measures. Surely, a US-China trade war will have an adverse impact among their trading partners, including the Philippines. "And as a USA soybean farmer with the prices below break even now, it's definitely not good for us, either".

Business If China Retaliates to Tariffs, US Will Impose More
Author: 0 If China Retaliates to Tariffs, US Will Impose More

Hopefully, the U.S. -China trade war doesn't get to the point where Apple will have to make this decision. The move comes just three days after the president detailed an initial $50 billion in imports that would be taxed an additional 25 percent, which he said was punishment for the theft of intellectual property from USA companies , as well as the trade gap between the two countries.

Business China says will 'fight back firmly' if U.S. publishes additional tariffs
Author: 0 China says will 'fight back firmly' if U.S. publishes additional tariffs

In an interview with CNN earlier this month, Apple CEO Tim Cook said he didn't expect a full-blown trade war to break out and dismissed the notion that iPhones, which are assembled in China, would end up subject to tariffs . "If the USA becomes irrational and issues this list, China will have no choice but to adopt strong countermeasures of the same amount and quality, " the ministry statement said.

Business President Trump Says IG Report ‘Totally Destroys’ Former FBI Director James Comey
Author: 0 President Trump Says IG Report ‘Totally Destroys’ Former FBI Director James Comey

A document listing preliminary conclusions was obtained by The Associated Press ahead of a separate report from the Justice Department's internal watchdog. Comey eventually appeared before lawmakers to explain his findings, and promised to update them if any new information came to light. And then, just days before the election, Comey went public again, to tell lawmakers he had found no new bombshells and would again close the investigation with no charges - on November 6.

Author: 0 How the US-China trade war could play out

The world's two largest economies have been sparring over trade in recent months, sparking global fears of an all-out trade war. China has noticed the USA statement which said Washington would continue to impose additional tariffs if China takes retaliatory measures.

Business One deputy killed, another in critical condition in Kansas City, Kansas
Author: 0 One deputy killed, another in critical condition in Kansas City, Kansas

One suspect was also shot and taken to an area hospital. They say, the inmate somehow overcame the two deputies and may have shot them with their own service weapon. Police say they are not looking for any other suspects. Police Officer Zac Blair said authorities were reviewing surveillance video . "Today's awful events in Kansas City bitterly remind us once again of the dangers and sacrifices faced every day by law enforcement officers throughout our state and nation".

Business US Federal Reserve raises interest rates
Author: 0 US Federal Reserve raises interest rates

The Fed's new projection for the pace of rate hikes shows four rate this year and three in 2019 - both unchanged from its previous forecast in March - and one in 2020, down from the two that had been projected previously. The Federal Reserve expects the US gross domestic product to grow by 2.8% in 2018, up from March's forecast of 2.7%. That is a welcome step-up from the roughly 2-percent growth averaged throughout the recovery, which was plagued by a series of crises overseas and ...

Business IHOP Reveals The Mystery Of IHOb
Author: 0 IHOP Reveals The Mystery Of IHOb

And it doesn't stop there. This letter swap is a promotion to show off the 60-year-old chain's new line of burgers and to emphasize the lunch and dinner options available at the iconic breakfast spot. Burger King just got back at IHOP in the pettiest way possible. And just this month, KFC announced plans to sell a vegetarian equivalent of its chicken to attract a new base.

Business Trump contradicts U.S. military stance on Korea war games
Author: 0 Trump contradicts U.S. military stance on Korea war games

In an unprecedented meeting on Tuesday between leaders of the USA and North Korea , chairman Kim Jong-un has agreed to the "complete denuclearization of the Korean Peninsula " and to "the building of a lasting and robust peace regime on the Korean Peninsula".

Author: 0 No breakfast, IHOB is the International House of Burgers

The International House of Pancakes , otherwise known as IHOP , is changing its name . Last week , we speculated that maybe the b was breakfast, or brunch - or beets. IHOP's same-restaurant sales - or sales at locations open at least a year - declined 1.9 percent in its most recent fiscal year. For about a week, IHOP has been posting as " IHOb ", and asking its fans to guess what the "b" stood for.

Business Trudeau, Trump continue fight on trade after Trump leaves G7
Author: 0 Trudeau, Trump continue fight on trade after Trump leaves G7

Europe's answer must be to stick even closer together, defend its interests and strengthen alliances with countries such as Japan and Canada, Maas said . Trudeau's view of how the summit went was a marked contrast to Trump's take. He had other things, bigger things, on his plate in Singapore. He sent a tweet that suggested he stands by the G7 communique despite the president's second thoughts.

Business Porsche Names Its First EV Taycan
Author: 0 Porsche Names Its First EV Taycan

Taycan's electric powertrain using two motors will make 600 horsepower, propelling the vehicle to 0 to 60 miles per hour in under 3.5 seconds and up to 124 mph on the track in less than 12 seconds, the company said. Previously, the manufacturer has released pictures of the build pre-production copies Taycan , where you can see individual elements of the model, for example, headlamps.

Business Trump Feuds With Leaders of France, Canada Before Summit
Author: 0 Trump Feuds With Leaders of France, Canada Before Summit

Donald Trump's leading economic adviser says the USA president wants to strike separate bilateral trade deals with Canada and Mexico rather than continue renegotiating the North American Free Trade Agreement . Trump has spent much of this year engaged in a series of escalating trade wars with a number of countries, including US allies Canada, Mexico, and members of the European Union like France.

Business Merkel gives new push for eurozone reforms ahead of European Union summit
Author: 0 Merkel gives new push for eurozone reforms ahead of European Union summit

She says Germany has an interest in safeguarding Europe's ability to act and making its voice heard, at a time when the global order is changing, including the role of the United States. "However, such an intervention force with a common military-strategic culture must fit into the structure of defense cooperation", she added. There also needs to be common standards for asylum in Europe, Merkel said, and a unified external border control, which will be operated by Frontex.

Business Moon to announce outcome of 2nd summit with Kim
Author: 0 Moon to announce outcome of 2nd summit with Kim

Trump subsequently wrote on Twitter that the two countries were having "very productive talks" and added that if the summit happens, it will likely still be in Singapore on the initially scheduled date, and could be extended if necessary. A diplomatic tug of war continues between North Korea and the United States over the summit between Kim and Trump. "There is no reason why we should fight each other - we are one nation", Kim said in a joint statement with Moon after that meeting.

Business Japanese climber Nobukazu Kuriki dies on Mount Everest
Author: 0 Japanese climber Nobukazu Kuriki dies on Mount Everest

The Japanese climber was identified as 35-year-old Nobukazu Kuriki and the Macedonian as 63-year-old Gjeorgi Petkov. Kami Rita's father was among the first professional guides after Nepal opened to foreign trekkers and mountaineers in 1950.

Business BMW Teases New Pure Electric Car
Author: 0 BMW Teases New Pure Electric Car

That's right, BMW has announced that it will announce its next-generation full EV in 2018, as a "Vision" vehicle - that's BMWSpeak for "concept". At BMW's annual shareholders' meeting in Germany on Thursday the company released a teaser image of its future iNext electric vehicle .

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