Money

London's Gatwick Airport Sold To French Conglomerate, Vinci

London's Gatwick Airport Sold To French Conglomerate, Vinci Operations at Gatwick descended into chaos earlier this months after drones spotted around the runway led to a prolonged shutdown. The skies looked very different when the infrastructure investor swooped on the biggest single-runway airport in the U.K. [Full Article...]

'Burst pressure' issue prompts recall of Durex RealFeel condoms

'Burst pressure' issue prompts recall of Durex RealFeel condoms Durex's parent company, RB Health (Canada) Inc ., said the 10ct condoms in question will have the number 1000443254 while the 20ct ones will have 1000356816. The company added none of their other products are affected. So if you have this Durex product, what should you do? . Durex said anyone who bought the recalled condoms should be able to return them to the place of purchase for a full... [Full Article...]

Arron Hough: Missing British cruise worker search suspended

Arron Hough: Missing British cruise worker search suspended In a Statement from Royal Caribbean said, according to "The Sun": "We are thoughts in this hard time with our and Prayers are with his family". A Coast Guard news release says they ended the search Thursday afternoon, two days after 20-year-old Arron Hough of the United Kingdom went overboard on Christmas Day. [Full Article...]

Portland hotel employees who asked black guest to leave fired

Portland hotel employees who asked black guest to leave fired Massey then told a hotel desk staffer he was taking a personal phone call in the lobby when the guard began to question why he was there. But in his Instagram post, Massey seemed hungry for more than a simple apology. The safety, security and comfort of our guests and associates is our top priority at the Doubletree by Hilton Portland.... 'This unfortunate incident is likely the result of a mi... [Full Article...]

Kroger recalling shrimp products due to ‘potential health hazard’

Kroger recalling shrimp products due to ‘potential health hazard’ According to their website, the undercooked products could lead to contamination, "by spoilage organisms or pathogens". Those who eat raw or under-cooked seafood could develop a foodborne illness. Customers should either discard the products or return them to the store for a full refund. Kroger said the recall affected its stores in MI, central and northwest OH, and northwestern Virginia. [Full Article...]

Apple Valley Kmart closing in March 2019

Apple Valley Kmart closing in March 2019 Forty-three Sears stores also will be shuttered, the company reported. That's in addition to the previously shutdown of 40 unprofitable stores expected to be completed in February. The initial version of his rescue plan demanded that Lampert's ESL Investments hedge fund be released from liability related to any of its pre-bankruptcy transactions. [Full Article...]

US team to visit China for talks during trade truce

US team to visit China for talks during trade truce China also announced that they will suspend implementing tariffs on US -made Vehicles and auto parts for three months starting Jan.1. Presidents Trump and Xi Jinping agreed December 1 to postpone more tariff increases for 90 days while their governments negotiate over US complaints Beijing steals or pressures foreign companies to hand over technology. [Full Article...]

Double-decker bus crashes into house in Brixton

Double-decker bus crashes into house in Brixton Video of the incident shared on Twitter shows the building cordoned off by police tape, with damage to the property visible. Missed my own auto by some feet. Go-Ahead London, which operates the service, told MyLondon it was investigating the crash. The double-decker involved in the incident was on the 118 route which runs between Morden station and Brixton. [Full Article...]

Projects worth Rs 26,000 crore underway in HP: PM Narendra Modi

Projects worth Rs 26,000 crore underway in HP: PM Narendra Modi The council of ministers in its meeting held on 15.12.2018 has decided that one year celebration function proposed to be held on 27th December, 2018 will be a State function and all expenses on this account will be borne by the government of Himachal Pradesh. [Full Article...]

Father flies on several flights to spend time with daughter on Christmas

Father flies on several flights to spend time with daughter on Christmas Pierce Vaughan was hired as a Delta flight attendant in October 2017. Hal Vaughn told USA Today that navigating all the airports and getting on all the right flights was quite challenging, but definitely worth it to be with his daughter on Christmas Eve. [Full Article...]

Amazon's Alexa Echo Malfunctions in Europe Due to Overusage on Christmas

Amazon's Alexa Echo Malfunctions in Europe Due to Overusage on Christmas This means there were most likely lots of new devices activated on Christmas Day. Finally, people in the United Kingdom were most excited to count down to Christmas, asking Alexa " How many days until Christmas " twice as much as the next country. [Full Article...]

Sears faces critical deadline, will it survive?

Sears faces critical deadline, will it survive? In total, 80 Sears and Kmart stores are on the latest closure list for the iconic retail chain. Lampert, who is still the company's chairman, proposed buying the struggling retailer in full for $4.6 billion through his hedge fund ESL Investments - including 500 Sears and Kmart stores, store inventory and other assets. [Full Article...]

United States stocks head sharply lower a day after Dow's record gain

United States stocks head sharply lower a day after Dow's record gain The benchmark S&P 500 had risen sharply, up 5 per cent to 2,468. The S&P index recorded no new 52-week highs and one new lows, while the Nasdaq recorded three new highs and 89 new lows. The recovery in oil prices also bodes well for the Toronto Stock Exchange, which resumes trading on Thursday. The broader S&P 500 index also gained 5 percent, and the technology-heavy Nasdaq rose 5.8 perce... [Full Article...]

Wells Fargo pays $575 million to settle state investigations

Wells Fargo pays $575 million to settle state investigations California, the bank's home state, will get more than a quarter of the settlement funds because of the number of Wells Fargo customers residing there. Finally, the states alleged that Wells Fargo improperly charged residential mortgage consumers for rate lock extension fees. The agreement comes after NY reached a separate, $65 million settlement with Wells Fargo in October over the sham accounts... [Full Article...]

Japanese stocks plunge after Trump sparks USA market fall

Japanese stocks plunge after Trump sparks USA market fall Mnuchin's attempts over the weekend to assure investors only seemed to make matters worse as the confusing signals from Washington sent the markets plunging. Still, Trump repeated his belief the Federal Reserve is raising interest rates too quickly, blaming the decision on a booming economy. "I think the increasing of interest rates and the shrinking of the Fed portfolio is an absolute awful t... [Full Article...]

Transformer explodes at NY power plant, fills sky with blue light

Transformer explodes at NY power plant, fills sky with blue light He said there are scattered power outages, including at LaGuardia Airport. The New York fire department confirmed they had received multiple reports of explosions in the Long Island City and Astoria area, which they had responded to. "Many flights are departing, some are not". New Yorkers had been advised to avoid the area 20th Avenue and 31 Street in Queens, and to expect a heavy presence ... [Full Article...]

Japan denies prosecution challenge to bail Kelly

Japan denies prosecution challenge to bail Kelly Former Nissan Motor Co. representative director Greg Kelly leaves a Tokyo detention center by vehicle following his release on bail on December 25, 2018. The arrests jolted the global auto industry and strained Nissan's alliance with French vehicle maker Renault SA. Mitsubishi took a measure similar to Nissan. [Full Article...]

Minimum wage hike going into effect in NY

Minimum wage hike going into effect in NY The Governor also launched a Wage Theft Hotline (1-888-4-NYSDOL) for workers to report employers not complying with the increase. To avert Labour strike and the attendant consequences, he urged that "the President should, without delay, transmit an Executive Bill to the National Assembly as promised to enable it finalise the process leading to the enactment of a new National Minimum Wage Act". [Full Article...]

New e-commerce norms hit Flipkart, Amazon

New e-commerce norms hit Flipkart, Amazon However, this is no longer the case under the new guidelines, which keeps companies from setting up exclusive agreements with local sellers as they have done so in the past. Welcoming the move, Snapdeal CEO Kunal Bahl tweeted that "Marketplaces are meant for genuine, independent sellers, many of whom are MSMEs". Aghi said over the last few years, U.S. [Full Article...]

Trump considering "national emergency" to ban Huawei, ZTE in U.S.

Trump considering Huawei , one of the biggest telecommunications companies in the world , as denied these allegations. "This, in reality, is undoubtedly shutting oneself off, rather than being the door to openness, progress and fairness". Beijing has since detained two Canadians on national security grounds and a third Canadian for working illegally. It has come under global pressure this year after the Unite... [Full Article...]


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