Money

Vacancy rates up in Victoria and Nanaimo, CHMC rent report

Vacancy rates up in Victoria and Nanaimo, CHMC rent report Analyst James Cuddy said Calgary's slow economic recovery may also have made it more hard for people to move into home ownership. British Columbia showed the largest increase in the average price of rent across all of Canada. And the Tri-Cities saw the biggest net loss in purpose-built rental apartments, 339 units, followed by Burnaby, which saw a net-loss of 177 units as the result of renovatio... [Full Article...]

Mazda 3 sedan and hatchback

Mazda 3 sedan and hatchback Meanwhile, the new steering wheel boasts telescopic adjustment and a wider range of controls, and the shift lever has also been raised-both testaments to Mazda's focus on driving position. That's right; the 3 is going all-wheel drive thanks to the brand-new platform it's built on. So we contacted Mazda USA asking whether AWD will be on the menu for U.S. [Full Article...]

Microsoft Becomes World's Most Valuable Company After Apple Rout

Microsoft Becomes World's Most Valuable Company After Apple Rout At 1:05 p.m. ET, Apple's $812.60 billion market value fell below Microsoft's $812.93 billion, allowing the Redmond, Washington-based tech giant to snatch the world's most valuable company title from Cupertino. Yet now, that very product is among the the challenges facing Apple, with concerns over weak iPhone demand pressuring shares to fall 25 percent from record levels. [Full Article...]

New Tariffs Could Hit Laptops, iPhones, Trump Says

New Tariffs Could Hit Laptops, iPhones, Trump Says The first major casualty of the China-US trade war is getting "back into business, fast" according to the president of the United States . The US president also threatened additional tariffs on $267 billion of Chinese imports if China retaliated with its own tariffs - which it did - unless the US and China reach a new trade agreement. [Full Article...]

Trump Administration Threatens To Withhold Subsidies From GM

Trump Administration Threatens To Withhold Subsidies From GM I'm not happy about it at all". For instance, in July 2017 during a rally in Youngstown, Ohio, near the the president said of manufacturing jobs that state lost over the years: "They're all coming back". GM shares rose as much as 7.8 per cent following the announcement , and were almost 6 per cent higher at $37.97 in mid-afternoon trading. Analysts were generally upbeat about the news. [Full Article...]

General Motors To Close Ohio Plant, Thousands Affected

General Motors To Close Ohio Plant, Thousands Affected The factories up for closure are part of GM's effort "to right-size our capacity for the realities of the marketplace", as consumers shift away from cars to trucks and SUVs, Barra said. GM will also close two additional plants outside of North America by next year. The Auto Union is precisely one of GM's problems. Plants in Baltimore, Maryland, and Warren, Michigan that assemble powertrain com... [Full Article...]

ATM spitting out $100 bills causes commotion in north Harris County

ATM spitting out $100 bills causes commotion in north Harris County For every $20 requested by the customer, a $100 bill was dispensed by the machine. Bank of America is aware of the malfunction and working to fix the issue. According to the station, a few people fought while waiting in line. The ATM was shut down and guarded by the officers until the glitch was worked out. [Full Article...]

Mitsubishi Drops Carlos Ghosn As Chairman

Mitsubishi Drops Carlos Ghosn As Chairman He received almost 10 billion yen during that period. Ghosn was removed as Nissan's chairman and representative director at an extraordinary board meeting on November 22. But Kelly, a USA lawyer, is expected to argue that the money Ghosn was to be paid after his departure from the board did not amount to executive compensation and thus is not subject to disclosure in financial reports, accordi... [Full Article...]

Logitech ends talks for potential acquisition of Plantronics

Logitech ends talks for potential acquisition of Plantronics UPDATE: On today's news, Logitech International has reported that while it had engaged in discussion with Plantronics about a potential transaction, Logitech had terminated the negotiations. Brands of Logitech include Logitech, Ultimate Ears , Jaybird , Blue Microphones , Logitech G and ASTRO Gaming . Although there is no confirmation on this matter, a deal could be announced by this week if n... [Full Article...]

Bitcoin drops below $4000 as the crypto market takes another hefty beatingNaija247news

Bitcoin drops below $4000 as the crypto market takes another hefty beatingNaija247news During the last week, Bitcoin Cash SV [IOU ] has traded 48.9% lower against the US dollar. Pinpointing reasons for the market's decline is virtually impossible, but the general consensus is that a combination of Bitcoin Cash's hard fork , Bakkt's delay and market manipulation has scared skittish "tourist" investors into selling their Bitcoin - and sell-offs have a snowball effect. [Full Article...]

GM to close 5 factories, including Hamtramck and Warren

GM to close 5 factories, including Hamtramck and Warren Premier Ford said it seems GM can not be convinced at this point to save the plant. If the report is true, the move will affect at least some 2,500 workers, plus others in related spheres, such as auto parts productions. "I was very tough". "I pressed GM again to provide new opportunities to the Lordstown workers and take advantage of the skilled workforce there". [Full Article...]

Cyber Monday tracking for biggest online shopping day in U.S. history

Cyber Monday tracking for biggest online shopping day in U.S. history Cyber Monday 2018 is November 26, which means that most deals will start in the United States at 12:00 am EST November 26 (or 9:00pm PST on November 25). We gathered the best deals on the products you want for the holiday season to give as gifts for friends and family, or just for yourself because you've totally earned it. [Full Article...]

Major delays at Sydney Airport as wind cuts services

Major delays at Sydney Airport as wind cuts services Others blasted the airlines and airport for lack of communication. One passenger tweeted a photo of massive at Sydney airport , adding: "It's mental". It follows similar delays and cancellations yesterday morning in Sydney and Melbourne. The strong winds fanned fires across New South Wales state, with Australia's Rural Fire Service reporting 21 fires. [Full Article...]

Flybe shares take off as it confirms Virgin Atlantic talks

Flybe shares take off as it confirms Virgin Atlantic talks In a statement Virgin Atlantic said: "Virgin Atlantic notes the recent media speculation related to Flybe ". In 2012, the airline tried setting up its own regional carrier, called "Virgin Atlantic Little Red", but the subsidiary failed and shut down just one year later. [Full Article...]

Nissan Pushes for More Power in Post-Ghosn Alliance

Nissan Pushes for More Power in Post-Ghosn Alliance Earlier this week, we had reported that Nissan chairman Carlos Ghosn was arrested by the Japanese Police following a financial misconduct. Kelly is accused of helping Ghosn in his wrongdoings. According to Japanese corporate law, Renault's voting rights could be canceled if Nissan raises its shareholding to more than 25 percent in the French carmaker. [Full Article...]

Nissan board dismisses Ghosn

Nissan board dismisses Ghosn The Franco-Japanese alliance, enlarged in 2016 to include Japan's Mitsubishi Motors, has been rattled to its core by the arrest of the 64-year-old Ghosn in Japan on Monday. "The company will further investigate this matter and consider measures to enhance the company's governance", Nissan said in the filing to the Tokyo Stock Exchange. [Full Article...]

Brexit deal nearly done, but Spain holds out over Gibraltar

Brexit deal nearly done, but Spain holds out over Gibraltar Nigel, from Tamworth, said: 'To be totally honest, I think you've possibly got the best deal you could have got, given the cards you were dealt'. "My focus is on getting this deal through". Despite the level of opposition in parliament, May suggested MPs could change their mind if they listened to the electorate. City of London Corporation chair Catherine McGuinness said: "Disruption to cleari... [Full Article...]

Shoppers Across Maryland Looking For Deals On Black Friday

Shoppers Across Maryland Looking For Deals On Black Friday Nearly every Walmart rival, including Amazon , Best Buy, and Target, all offer free shipping regardless of your order amount. University Park Mall opened up at 5:00 p.m. I enjoyed the Black Friday shopping experience so far. The National Retail Federation forecast USA holiday retail sales in November and December will increase between 4.3 per cent and 4.8 per cent over 2017 for a total of US$... [Full Article...]

Tesla lowers prices in China

Tesla lowers prices in China With a lot of people still waiting for Tesla to bring in the base Tesla Model 3 that they promised, you would think that Tesla will be trying to work towards that first but it is not as Tesla announce that they will now start taking orders for the Tesla Model 3 in China. [Full Article...]

Lane Crawford Drops Dolce & Gabbana After Shanghai Firestorm

Lane Crawford Drops Dolce & Gabbana After Shanghai Firestorm But it escalated after screenshots circulated of an Instagram user's alleged chat with the famously volatile Gabbana , who used five smiling poo emojis to describe China and launched insults at the country and its people. Chinese customers account for more than a third of spending on luxury products worldwide, and are increasingly shopping for these in their home market rather than on overse... [Full Article...]


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