Money

China kowtows to Donald Trump over trade

China kowtows to Donald Trump over trade It also confirmed it would temporarily reduce tariffs on American cars. China also said it would suspend its 5% tariff on 67 other auto parts. The latest announcement on the planned tariff suspension followed China's first major purchase of US soybeans since US President Donald Trump and his Chinese counterpart Xi Jinping's landmark talks on trade in Argentina on 1 December. [Full Article...]

Johnson & Johnson Knew About Asbestos in Baby Powder for Decades — Reuters Report

Johnson & Johnson Knew About Asbestos in Baby Powder for Decades — Reuters Report The news agency said it showed the company, established in 1886, know of the positive tests , and that senior executives, mine managers, scientists, doctors and lawyers anxious about how to address the problem, while failing to disclose it to regulators or the public. [Full Article...]

China's Nov retail sales, factory output take a beating

China's Nov retail sales, factory output take a beating There will be sufficient favorable conditions for the economy in the next year, analysts said, citing the untapped potential of Chinese consumers. Official figures from Beijing showed that retail sales grew at their slowest pace in 15 years last month. [Full Article...]

Ad regulator bans sexist stereotypes, saying they 'hold back people and society'

Ad regulator bans sexist stereotypes, saying they 'hold back people and society' The ban follows a study from the Advertising Standards Authority (ASA ) a year ago which looked at adverts including a 2012 Asda commercial which showed a mother doing most of the preparations for Christmas day while her husband sat watching television. [Full Article...]

Top Riot Games Executive Suspended Without Pay for Sexual Harassment

Top Riot Games Executive Suspended Without Pay for Sexual Harassment This is disappointing to hear, considering the statement Riot Games put out in August indicated an nearly ruthless commitment to improving upon its mistakes. Gelb, who has been with the comapny since 2008, has been given a two-month suspension without pay. I will root for him, will support him through this journey, and will leverage him as a great leader when he returns next year. [Full Article...]

Farm linked to romaine E.coli outbreak also recalls cauliflower, other lettuce

Farm linked to romaine E.coli outbreak also recalls cauliflower, other lettuce Farming Inc., located in Santa Maria, California, about 160 miles northwest of Los Angeles. The CDC has identified another seven illnesses since its update December 6 , bringing the total people infected with E. The earlier warning against eating romaine from California's San Luis Obispo, Santa Cruz and Ventura counties has been lifted. Farming Inc.in Santa Maria has recalled red leaf lett... [Full Article...]

552-carat yellow diamond, largest known in North America, found in Canada

552-carat yellow diamond, largest known in North America, found in Canada A Canadian mining company has uncovered some record-breaking bling - a diamond said to be the largest ever found in North America . The NWT's Diavik diamond mine has unveiled what it claims is the largest-ever diamond found in North America. [Full Article...]

Johnson & Johnson knew about asbestos in its baby powder for decades, report

Nor did the company tell the FDA about a 1975 report from its longtime lab that found particles identified as "asbestos fibers" in five of 17 samples of talc from the chief source mine for Baby Powder. In a major setback to the company, St. Louis jury in July had awarded almost $4.7 billion in total damages to 22 women and their families after they claimed asbestos in Johnson & Johnson talcum ... [Full Article...]

China's arrest of Canadians 'completely unacceptable,' says Scheer

China's arrest of Canadians 'completely unacceptable,' says Scheer Accused of sanctions busting and forced to abide by a curfew and wear an ankle bracelet as she awaits possible extradition to the United States, China's "Princess of Huawei" could be said to have fallen spectacularly from grace. Justice Department's case against Meng if it would serve national security interests or help close a trade deal with China. According to a report from Reuters , the... [Full Article...]

Tainted romaine lettuce traced to at least 1 farm

Tainted romaine lettuce traced to at least 1 farm A water reservoir at a farm in Santa Barbara County tested positive for the bacterial strain, the CDC said . The FDA said the problem appears to be coming from lettuce grown in three California counties. States with cases include California, Connecticut, Florida, Illinois, Louisiana, Massachusetts, Maryland, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Wisco... [Full Article...]

Ottawa city council opts in to retail cannabis stores

Ottawa city council opts in to retail cannabis stores Under the provincial legislation, the province's municipalities have a one-time opt-out deadline of January 22. "I've got 110,000 constituents". If they opt out, he said, extra funding to cover the costs of regulating the shops disappears. [Full Article...]

Qualcomm wants China to ban the iPhone XS and XR

Qualcomm wants China to ban the iPhone XS and XR For the unaware, Qualcomm recently convinced a Chinese court to issue a temporary ban on the sale of many of Apple's older smartphones in the country. He added that additional lawsuits against Apple's new iPhone XS , XS Max and XR models are pending in courts in Beijing, Qingdao and Guangzhou. After the arrest of Huawei's top executive Meng Wanzhou in Vancouver, Canada last week, the ban on iPhon... [Full Article...]

Ohio Congressman: We can fund border wall with "WallCoin"

Ohio Congressman: We can fund border wall with As President Donald Trump threatened to allow a government shutdown if Congress did not provide funding for his proposed wall along the Mexican border, a Republican congressman from OH offered up alternative routes to getting the wall built: through Internet crowdfunding or through an initial coin offering. [Full Article...]

Aston Martin Valkyrie’s V12 Engine Goes Up to 11

Aston Martin Valkyrie’s V12 Engine Goes Up to 11 Now though, it's Aston Martin's turn to be under the spotlight. Aston Martin is showing off the insane new Cosworth-developed naturally aspirated V12 that will power the upcoming Valkyrie hypercar. Unlike many of its four-figure horsepower counterparts, the Valkyrie's new V-12 uses no turbos or superchargers to get that monstrous power. For starters, the conrods and F1-spec pistons are made ... [Full Article...]

Apple unveils plan for $1 bn campus in Texas, US expansion

Apple unveils plan for $1 bn campus in Texas, US expansion U.S. President Donald Trump has also warned of slapping tariffs on iPhones and other Apple products imported from China, a major consumer market for the Cupertino, California-based company. And while Amazon chose Raleigh as one of the 20 finalists cities for HQ2, that company cooled its interest on the region after visiting in March. [Full Article...]

Plane turned around after human heart found on flight

Plane turned around after human heart found on flight Southwest said the "life-critical cargo shipment" was for a hospital and had been sent by a company specializing in shipments. Flight 3606 turned back over Idaho and flew back to Seattle-Tacoma International Airport to return the heart, which should have been taken off a previous flight on December 9. [Full Article...]

China confirms arrest of second Canadian in escalating spat

China confirms arrest of second Canadian in escalating spat Lu said Canada was informed about the detentions, but declined to say whether the men have been provided with lawyers. In this file photo taken on January 13, 2014 Michael Spavor, left, and former USA basketball player Dennis Rodman, right, arrive at Beijing International Airport from North Korea. [Full Article...]

BMW's Research Project "FastCharge" launches 450kW prototype station

BMW's Research Project As well as BMW and Porsche , the industry consortium running the project consists of Allego, Phoenix Contact E-Mobility and Siemens. A Porsche test vehicle with a 90 kWh battery charged at the station at a rate of more than 400kW. The grid connection is controlled via a charging container in which Siemens has also installed the power electronics. The cooling liquid is an environmentally friendl... [Full Article...]

House passes farm bill and sends it to Trump’s desk

House passes farm bill and sends it to Trump’s desk [Full Article...]

Saudi Arabia not sure of reaching OPEC deal on oil cuts

Saudi Arabia not sure of reaching OPEC deal on oil cuts The oil market plunged. Amid worldwide pressure over the October 2 killing of Jamal Khashoggi in the Saudi consulate in Istanbul, it seemed that MBS needed the support of the White House too much. "Global demand for oil is growing fast, and the economy is growing". The US government is done selling off strategic reserves for now. FILE - A worker hangs from an oil derrick outside Williston, N... [Full Article...]


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