Money

U.S. officially repeals net neutrality rules

U.S. officially repeals net neutrality rules Opponents say this gives Internet providers the power to block competitors and new technologies. The order went into effect on June 11. On Thursday, with the official repeal date looming, dozens of senators sent a letter to House Speaker Paul Ryan urging him to schedule a vote on the issue. [Full Article...]

49 jobs at risk as discount retailer calls in administrators

A string of restaurant chains including Prezzo, Jamie's Italian and Carluccio's have also shut sites and axed staff. House of Fraser (HoF) confirmed plans last week to axe 6,000 jobs and close just over half its 59 stores. Administrators Deloitte have stressed the stores will continue to operate as normal for the moment, with no redundancies. Deloitte's joint administrator, Clare Boardman, s... [Full Article...]

Tea for Two: What May Come of Trump-Kim Summit in Singapore?

Tea for Two: What May Come of Trump-Kim Summit in Singapore? Kim , who arrived in the city earlier on Sunday to participate in the much-anticipated meeting with US President Donald Trump , was accompanied by an army of his running bodyguards. "I think we can presume that North Korea made more demands to Singapore than the United States did in terms of security". In a sign of lingering tensions, the North Koreans have been closely scrutinizing all Ame... [Full Article...]

Amazon Prime rolls out new Whole Foods discount in North Carolina stores

Amazon Prime rolls out new Whole Foods discount in North Carolina stores The grocery chain will expand its Prime-exclusive discounts to 10 new states Wednesday. The tech giant's announcement comes days before it plans to open its highly anticipated Charlotte store on Stonewall Street uptown. The first stores to offer the discounts were located in Florida. It's all about Amazon's model of adding more benefits to Prime membership, and now almost half of all Whole F... [Full Article...]

Trump takes more swipes at Canada after arrival in Singapore

Trump takes more swipes at Canada after arrival in Singapore The White House initially said that Trump's meeting with Trudeau was "great" and the leaders were "close to a deal" on trade. Sources tell CBC News that Ottawa is preparing for a "worst case scenario": the Trump administration making good on its threat to impose 25 per cent tariffs on imported vehicles and auto parts. [Full Article...]

Elon Musk's flamethrowers being resold for thousands on eBay

Elon Musk's flamethrowers being resold for thousands on eBay Musk's genius - the brains behind Tesla, PayPal, SolarCity, and Space X. But as President Truman and Stan Lee have taught us all, "With great power comes great responsibility" he wrote. The most eager customers can forgo the bidding process and pay the eBay "buy it now price", which is as high as $20,000. Now Elon Musk has completed his hottest project ever with the release of a super-dange... [Full Article...]

Coinrail Hack See's Markets Crash As $40 Million Stolen

Coinrail Hack See's Markets Crash As $40 Million Stolen The world's most valuable digital currency is now trading at $7,229 per coin, widening losses for the year to 48%. Led by a drop in bitcoin's price , the value of cryptocurrencies fell by more than $ 40 billion over the weekend and into Monday. [Full Article...]

Kim Jong Un lands in Singapore, on cusp of making history

People wait for the arrival of North Korea's leader Kim Jong Un at The Marina Bay Sands hotel in Singapore , June 11, 2018 . Trump in May briefly scrapped the summit with Kim, only to later reinstate the meeting after meeting withNorth Korea official Kim Yong Chol. [Full Article...]

Net neutrality rollback: FCC chairman Ajit Pai responds to critics

Net neutrality rollback: FCC chairman Ajit Pai responds to critics Pai says that by deregulating the internet service provider industry, there will now be "strong consumer protections" and that "entrepreneurs [will get] the information they need as they develop new products and services". Activists are hoping for a similar outcome in the House of Representatives, utilizing a process known as the discharge petition to pass the House's version of the Senate's r... [Full Article...]

International House of Burgers: 'IHOP' becomes 'IHOb'

After 60 years, the restaurant chain became " IHOb " and the "b" stands for " burgers ". Its bio was changed to "Burgers so burgerin' good, we changed our name to IHOb ". It's not yet clear when or if IHOP will change the signs at its restaurants, such as this one in Hialeah, Fla. Rebelez said that bringing burgers to an iconic restaurant like IHOP was a "fantastic combination". [Full Article...]

Jaguar Land Rover to move ALL Discovery production to Slovakia

Jaguar Land Rover to move ALL Discovery production to Slovakia It is also still possible that the Jaguar J-Pace, the Discovery's sister vehicle, will be built in Solihull, possibly alongside a new family of electrified and electric Jaguar Land Rover cars coming next year, including the relaunched XJ and Road Rover EVs . [Full Article...]

Robert De Niro Says 'F-k Trump' Live at Tony Awards 2018

Robert De Niro Says 'F-k Trump' Live at Tony Awards 2018 Jackson , 82, returning to Broadway after 30 years and a lengthy term as a British politician, was named best actress for her tour-de-force performance in Edward Albee's " Three Tall Women ". Victory in the category of best featured actor in a musical went to Ari'el Stachel of " The Band's Visit ". The two-part spectacle Harry Potter and the Cursed Child had captured six, including best play... [Full Article...]

BT boss Gavin Patterson stepping down to quell shareholder frustrations

BT boss Gavin Patterson stepping down to quell shareholder frustrations Deutsche Telekom, BT's largest shareholder with a 12 per cent stake, has grown increasingly dissatisfied with Mr Patterson's performance over the past year, partly because of blunders like an accounting scandal in Italy, according to a person familiar with the situation. [Full Article...]

Powerball rolls over to $121 million

Powerball rolls over to $121 million He's retired from the job and plans to spend the money to pay off his house and put his two children through college. Souami, 55, had some work to do in the yard, but he also wanted to get his auto washed while his wife stayed at their home in Little Ferry, preparing meals for the week. [Full Article...]

Petrol and Diesel Prices See Biggest Cut in 10 Days

Petrol and Diesel Prices See Biggest Cut in 10 Days Diesel prices also decreased by 18 paise to Rs 68.10 per litre in Delhi . Diesel, on the other hand, was being sold at Rs 71.13 a litre in Kolkata , Rs 73.02 a litre in Mumbai and Rs 72.40 in Chennai . Blaming geopolitics of oil, exchange rate fluctuations and local taxes for petrol and diesel prices touching a record high, he said the government is sensitive and will ensure that "poor, mid... [Full Article...]

Hans Vestberg named Verizon's new CEO

Hans Vestberg named Verizon's new CEO McAdam, 64, who has been CEO since 2011, will serve as executive chairman until the end of next year, when he will retire and become non-executive chairman, a Verizon statement said. Let's turn out focus on Hans Vestberg with a few things to know about the new Verizon CEO. Vestberg inherits a company that is losing its most valuable monthly subscribers and facing the threat of intensifying com... [Full Article...]

KFC set to test ‘vegetarian alternative’ for chicken in UK

KFC set to test ‘vegetarian alternative’ for chicken in UK A KFC spokesperson said its meat-free research is part of a broader push at the chain to reduce calories per serving by 20 percent and introduce a number of lower calorie options. In the USA market, KFC has no plans for meatless chicken offerings "at this time", however food industry experts say vegetarianism is on the rise and the restaurant industry is looking to meet changing demand. [Full Article...]

Oil prices rise amid Venezuela export concerns Oil&Gas 09:47

Oil prices rise amid Venezuela export concerns Oil&Gas 09:47 Once again, fundamentals exacerbated the concerns of crude traders on Wednesday, with news of another surprise build in US stockpiles resulting in the West Texas Intermediate benchmark dropping 1.2 percent. The top three producers a year ago were Russian Federation with daily production of 10.35 million barrels, Saudi Arabia with 9.96 million barrels and the United States with 9.36 million... [Full Article...]

MACRON’S MUTINY: French President TURNS on TRUMP Ahead of G7 Summit

MACRON’S MUTINY: French President TURNS on TRUMP Ahead of G7 Summit Such a sweeping end to tariffs and trade barriers is typically the result of a landmark free trade agreement. Trump is issuing a stern warning to foreign countries not to retaliate against U.S. When we try to bring our piece up a little bit so it's not so bad". Trump, who repeated that his tariffs are meant to protect US industry and workers from unfair worldwide competition, told reporters he... [Full Article...]

Trump issues warning to trade partners over retaliatory tariffs

The series of snubs and demands from Trump - in combination with other long-simmering disagreements with key USA allies - prompted speculation that the US would be left out of the joint communique with the other G-7 leaders. He added, "if they retaliate, they're making a mistake". He says: "That's the way it should be". "We will continue to demonstrate that we're interested in defending Canadi... [Full Article...]


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