Money

Microsoft issues statement distancing itself from ICE’s separation of children from parents

Microsoft issues statement distancing itself from ICE’s separation of children from parents Microsoft employees are asking the company to cancel a contract it has with Immigration and Customs Enforcement (ICE) amid growing criticism of the agency's policies that have caused thousands of migrant children to be separated from their parents at the border with Mexico. [Full Article...]

Mice chew up cash worth Rs1.3 million inside ATM in India

Mice chew up cash worth Rs1.3 million inside ATM in India The ATM, reports claimed, stopped working the next day. To get the machine repaired, the authorities had brought in ATM engineers from Kolkata and they found the currency notes shredded into pieces on Sunday when they visited the kiosk. [Full Article...]

Tesla worker 'carried out extensive and damaging sabotage'

Tesla worker 'carried out extensive and damaging sabotage' While outright sabotage - which was actually admitted by the perpetrator - is bad enough, Tesla faced another setback on Sunday night after Musk's original email was sent. Don't want to blow your mind, but rumor has it that those companies are sometimes not super nice. The CEO also questions if "the multitude of big gas/diesel vehicle company competitors" were involved. [Full Article...]

Merkel says climate change is ‘a fact,’ laments USA stance

Merkel says climate change is ‘a fact,’ laments USA stance Armin Laschet, a senior Christian Democrat, urged his party to end the dispute with the CSU quickly, saying it had strengthened extreme groups. And while it's true that German Chancellor Angela Merkel's government is in danger of falling due to objections to her immigration policy, it's not true that crime in Germany is "way up". [Full Article...]

Australia hurts as China and United States head towards trade war

Australia hurts as China and United States head towards trade war While the $ 50 billion in tariffs already announced on Friday were mainly on industrial goods, the broader move would push up prices for toys, tools, t-shirts and a lot more for U.S. By slapping tariffs on trade between the two nations, Bardole says both countries are going to feel pain. China's tariffs would target agricultural products, cars and seafood, among other items. [Full Article...]

Here's what you get with Amazon Prime in Australia

Amazon's Australian site has around 60 million products, far fewer than the US' 500 million. Amazon on Tuesday launched its membership program, Amazon Prime, in Australia, offering free two-day delivery to almost 90 per cent of Australians for an annual fee of $59. [Full Article...]

Tesla Model S bursts into flames

Tesla Model S bursts into flames The agency says the trip will allow it to learn about fires in all battery-powered vehicles. Mechanical or electrical failures or malfunctions are factors in about two-thirds of the automobile fires. Gary Gastelu is FoxNews.com's Automotive Editor. "Well, of course the video footage itself looks alarmist", he said. Lithium-ion batteries, like those in Tesla cars, also ignite more slowly and ... [Full Article...]

United States targets Chinese tech with a 25 percent tariff

United States targets Chinese tech with a 25 percent tariff In a statement , the Chinese Ministry of Commerce threatened to impose retaliatory tariffs and said that any progress that had been made during several rounds of negotiations with the USA were now nullified. China also said that "all economic and trade agreements reached by previous negotiations will be nullified" when the new tariffs go into effect. "In this day and age, launching a trade ... [Full Article...]

Study Finds Millennials Are the Worst Tippers, Because of Course They Are

Study Finds Millennials Are the Worst Tippers, Because of Course They Are And almost one in three millennials say they leave less than a 15 percent tip at restaurants. And almost one in five millennials (18 percent) tend not to leave any money in transactions involving pre-inputted tip amounts, e.g., in cabs and ride-hailing services, coffee shops and food trucks - compared with 12 percent of older folks. [Full Article...]

Trump Taps Kraninger for Consumer Protection Post

Trump Taps Kraninger for Consumer Protection Post Since then, Mulvaney has steered the bureau in a more industry-friendly direction. The CFPB, a government watchdog agency charged with consumer protection in the financial sector, was created after the financial crisis with the passage of the 2010 Dodd-Frank Act. [Full Article...]

China blasts Trump's new tariff threat as 'blackmail'

Things have changed overnight after President Trump upped the ante by threatening another $200bn worth of tariffs at a 10% rate on a whole new raft of Chinese goods and services, if China went ahead with their retaliation measures. It said, "If the USA side becomes irrational and issues the list, China must adopt comprehensive measures of the same quantity and quality in order to take strong c... [Full Article...]

Tesco improves deliveries for Booker customers

Tesco improves deliveries for Booker customers Tesco's like-for-like United Kingdom sales grew by 2.1 per cent, a fall from the 2.3 per cent growth over the previous quarter as trading was hit by March's cold weather. Booker customers around Manchester and the South West are benefiting from more responsive deliveries as a result of the Tesco deal . The supermarket revealed in its quarterly trading update that its Tesco Magor distribution cen... [Full Article...]

McDonald's to switch to paper straws in UK, Ireland

McDonald's to switch to paper straws in UK, Ireland And the food service company Bon Appétit Management, whose 1,000-plus locations in 33 states range from the Art Institute of Chicago to the University of Portland, will stop using plastic straws and stirrers by September 2019. McDonald's has been under fire for its use of plastic on such a large, global scale. "The drive to eliminate plastic straws is a good step and it's symbolic - and symbols ar... [Full Article...]

Kellogg's announce cereal recall due to potential presence of Salmonella

Kellogg's announce cereal recall due to potential presence of Salmonella Kellogg's Honey Smacks cereal is likely the cause of a multi-state salmonella outbreak , according to the CDC . Kellogg is voluntarily recalling 15.3 oz. "If you store cereal in a container without the packaging and don't remember the brand or type, throw it away". Most people develop signs and symptoms within 12 to 72 hours of exposure. [Full Article...]

Thousands stranded at NC airport after 100+ flights canceled

Thousands stranded at NC airport after 100+ flights canceled Travel through Charlotte-Douglas International Airport is particularly affected, where almost half of the daily schedule was canceled. WSOC reports that thousands of passengers are stranded at Charlotte-Douglas Internation Airport. "Customer relations will be reaching out to all of those who have been impacted by this issue". PSA also has maintenance facilities at Charlotte Douglas and and s... [Full Article...]

Are US and China on the brink of a trade war?

Are US and China on the brink of a trade war? Boeing is the nation's single largest exporter, and China is a critical market for the company. With retaliatory tariffs , soybean exports could fall by 65 percent, the American Soybean Association said, pointing to a Purdue University study. [Full Article...]

Stocks rise as economy strengthens, central banks step back

Stocks rise as economy strengthens, central banks step back It revised annual inflation forecast notably up for 2018 and 2019, namely to 1.7 percent for both years, basically meeting ECB's policy aim - below but close to 2 percent in the medium term. A rare gainer, Tesco TSCO.L rose 1.9 percent after Britain's largest retailer said a drive to lower prices had boosted its quarterly sales, in a warning for rivals three years after the firm embarked on a ... [Full Article...]

China Declares Trade War Launched After Trump Unveils $50B Tariffs

China Declares Trade War Launched After Trump Unveils $50B Tariffs Trump has blamed the trade imbalance between the two countries for the loss of American jobs. China has threatened to retaliate forcefully for any tariffs , listing USA products that range from sorghum, soybeans, meat and whiskey to airplanes and cars. [Full Article...]

McDonald's to ditch plastic straws in UK, Ireland

McDonald's to ditch plastic straws in UK, Ireland The new straws will use paper coming from certified sustainable sources, the company said. "McDonald's is committed to using our scale for good and working to find sustainable solutions for plastic straws globally", Francesca DeBiase, the company's executive vice president for global supply chain and sustainability, said in a statement . [Full Article...]

Trump eyes oil prices: ‘OPEC is at it again’

Trump eyes oil prices: ‘OPEC is at it again’ OPEC is a group of 14 nations that seeks to coordinate oil production and greatly influence oil prices. In attempt to bridge differences, OPEC and its allies are looking at a number of options around pumping more oil, including a token increase and delaying the start of any production boost, OPEC delegates say. [Full Article...]


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