Money

Amazon expands Prime benefit at 10 more Whole Foods locations

Amazon expands Prime benefit at 10 more Whole Foods locations The innovatively titled Prime Day 2018 is set to take place this July and for anyone currently wondering what a Prime Day actually is, precisely, here's what you need to know - Prime Day is a now-annual celebration of Amazon's own anniversary. [Full Article...]

OPEC to increase oil production by 1 million barrels from July

OPEC to increase oil production by 1 million barrels from July World shares rose on Friday but stayed on track for their biggest weekly decline in three months as global trade tensions continued, though oil prices surged after OPEC decided on a modest production increase. Over the past few months, the plan has been overfulfilled, including through declining production in Venezuela and a number of African countries. World's largest oil consumers - US, Ch... [Full Article...]

Canada Legalises Recreational Use of Marijuana | Canada, Marijuana :: News :: Africa Independent Television

Canada Legalises Recreational Use of Marijuana | Canada, Marijuana :: News :: Africa Independent Television Each province is implementing different aspects of the bill in the next 8 to 12 weeks - while the federal government has jurisdiction over parts like illegal sales to minors and assigning licenses to growers, it's up to the provinces to manage retail sales and distribution laws. [Full Article...]

Trump threatens 20% tariff on European Union cars

Trump threatens 20% tariff on European Union cars India and Turkey have already targeted USA products, ranging from rice to autos to sunscreen, and in two weeks, the United States is to start taxing 34 billion dollars (£25 billion) in Chinese goods. On Friday, Trump threatened to impose a 20 percent import tariff on all European Union-assembled vehicles, a move that could upend the industry's current business model for selling cars in the Unite... [Full Article...]

Tesla to close at least 13 solar installation offices in nine states

Tesla to close at least 13 solar installation offices in nine states The company also said that Tripp made claims to the media about information he stole. A new report has emerged that points out the job cuts aren't just happening at the company's electric vehicle division. "The data I was collecting was so severe, I had to go to the media", Tripp told CNNMoney . Except Tripp - who used to worship Musk - is adamant that it's not what it looks lik... [Full Article...]

OPEC Okays Modest Rise In Oil Supply From July After Iran Cooperates

OPEC Okays Modest Rise In Oil Supply From July After Iran Cooperates After sitting down with several counterparts, Iranian Minister Bijan Namdar Zanganeh said he was optimistic about the outcome of the OPEC meeting, a marked contrast to comments on Tuesday when he said a deal was unlikely. He said Trump was partly to blame for the higher oil prices, saying the United States leader had "created difficulty for the oil market" by imposing sanctions on Venezuela an... [Full Article...]

US Online Shopping Is About To Get More Expensive

US Online Shopping Is About To Get More Expensive Supreme Court announced Thursday that will allow states to force online retailers to collect sales tax on purchases. Stocks of online retailers were down significantly immediately following the ruling . Amazon has always been the poster child for the issue. If you've long enjoyed buying expensive camera gear tax-free from industry giants such as B&H and Adorama , those days will likely soo... [Full Article...]

Trump praises Supreme Court ruling in internet sales tax case

Trump praises Supreme Court ruling in internet sales tax case Supreme Court has re-shaped the interstate commerce landscape in a move that could impact small business innovation on the internet, which has been a driving force behind our nation's economy for the last 15 years". Chief Justice John Roberts dissented, saying the decision should be left to Congress, and was joined by Justices Stephen Breyer, Sonia Sotomayor and Elena Kagan. [Full Article...]

Trump raises risk of economically harmful US-Chinese trade war

Trump raises risk of economically harmful US-Chinese trade war Asian trade-reliant economies and companies plugged into China's supply chains are anxious that they will suffer collateral damage if world trade slows down, hurting global growth and dampening business confidence. Oil fell ahead of a possible increase in OPEC crude supply and due to the trade dispute, as it was hurt by the rising dollar and China has threatened to impose tariffs on US crude exp... [Full Article...]

Trump's policies have caused high oil prices

Trump's policies have caused high oil prices Brent crude futures rose 18 cents, or 0.2 percent, to $75.26 per barrel at 0351 GMT, compared with their last close on Tuesday. "This is not going to be a decision just based on market analysis and supply and demand", said Daniel Yergin, the vice chairman of research firm IHS Markit and author of several books on the energy industry. [Full Article...]

Burger King sorry for burgers for babies ad

Burger King sorry for burgers for babies ad The ad was posted with a woman holding her baby bump. Women would also receive 3 million roubles ($64,000) under the offer, according to The Guardian . "We thank you for the feedback and hasten to inform you that we have already removed all materials related to the application". In an attempt to outsmart thousands of eye-catching 2018 Soccer World Cup adverts, Burger King Russia went a step... [Full Article...]

Telstra to cut 8,000 jobs in major restructure

Telstra to cut 8,000 jobs in major restructure Telstra said there was no issue for its own customers on 3G or 4G networks but a "vendor platform issue" had affected reseller services for "a small number of wholesale customers". Telstra will also continue operating its Network Applications and Services business, which includes cloud services. Telstra CEO Andy Penn is seen at the Telstra Investor Day in Sydney, Australia, June 20, 2018. [Full Article...]

EU Retaliation Against US Over Metal Tariffs to Start June 22

The European Union triggered the first phase of retaliation against the US over its metal-import tariffs imposed on national-security grounds, making good on more than three months of threats to hit American goods with tit-for-tat levies. [Full Article...]

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...]


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