Money

Toyota, Panasonic to jointly produce electric auto batteries

Toyota Motor Corp President Akio Toyoda (L) and Panasonic Corp President Kazuhiro Tsuga attend a joint news conference in Tokyo, Japan, December 13, 2017. Separately, Panasonic already has invested in a battery factory with US electric vehicle maker Tesla Inc. The partnership will help Toyota achieve its goal of selling one million zero-emission vehicles by 2030, and help Panasonic reduce its de... [Full Article...]

Downing Street says MP moves on Brexit 'extremely concerning'

Downing Street says MP moves on Brexit 'extremely concerning' Ireland's Foreign Minister Simon Coveney had swiftly rejected the Polish proposal earlier on Monday. May intends to meet with members of Northern Ireland's Democratic Unionist Party (DUP) which keeps her government in power before taking conclusions of their discussions to the EU. [Full Article...]

Vacuum giant Dyson to move headquarters to Singapore

It is the second blow Dyson has dealt to Brexit Britain after last year's announcement that it will manufacturer its new electric cars in Singapore, rather than the UK . In a statement the company said, "An increasing majority of Dyson's customers and all of our manufacturing operations are now in Asia; this shift has been occurring for some time and will quicken as Dyson brings its electric... [Full Article...]

Toyota Supra #001 sells for $2.1M at Barrett-Jackson auction

Toyota Supra #001 sells for $2.1M at Barrett-Jackson auction Specifically, the exterior is factory-finished in a matte gray paint called "Phantom Matte", with gloss red mirror caps and matte black wheels completing the look. In addition to the vehicle, $2.1 million also bought the unidentified, successful bidder a custom racing suit and two VIP passes to the Toyota Owners 400 NASCAR race in Richmond, Virginia scheduled for April. [Full Article...]

International Monetary Fund cuts global growth forecasts

In its second downgrade in three months, the global lender also cited a bigger-than-expected slowdown in China's economy and a possible "No Deal" Brexit as risks to its outlook, saying these could worsen market turbulence in financial markets. [Full Article...]

Vernon among BC cities most frequently targeted by BC Hydro scammers

Vernon among BC cities most frequently targeted by BC Hydro scammers BC Hydro says that since 2014, the company has received almost 6,000 reports of customers being contacted by phone, email or text with threats to disconnect their power if they did not make a payment by pre-paid cash or credit cards or a deposit into a Bitcoin ATM. [Full Article...]

Copper price falls after Chinese economic growth hits 28-year low

Copper price falls after Chinese economic growth hits 28-year low China's National Bureau of Statistics (NBS) announced on Monday that Chinese economy grew at 6.6 percent in 2018. Monday's data also showed consumption played an increasingly bigger role in the economy, contributing 76.2 percent of GDP growth, up significantly by 18.6 percentage points from a year ago. [Full Article...]

France fines Google $57 million over data transparency

France fines Google $57 million over data transparency Meanwhile, Google requires people who sign up to agree to its terms and conditions in full in order to create their accounts, a form of consent that the CNIL faulted because it requires users to agree to everything - or not use the service at all. [Full Article...]

Ryanair issues profit warning as lower winter fares bite

Ryanair issues profit warning as lower winter fares bite The Irish carrier on Friday lowered its full-year post-tax profit guidance from between 1.1 billion euros (£966 million) and 1.2 billion euros (£1 billion) to a new range of one billion euros (£878 million) and 1.1 billion euros (£966 million). [Full Article...]

Mnuchin Seeks China Tariff Relief, WSJ Says; Treasury Denies It

Mnuchin Seeks China Tariff Relief, WSJ Says; Treasury Denies It Annual passenger auto sales fell last year for the first time in more than 20 years, as the trade war with the US rocked consumer confidence and Beijing reined in vehicle financing channels. The extra scrutiny is needed and should be based on clear benchmarks - with outcome for failing to meet them, said Erin Ennis, Senior Vice President of the U.S. [Full Article...]

Higher airfares could push up Canadian CPI

Higher airfares could push up Canadian CPI The consumer price index gained 2 per cent in December from a year ago, up from November's 1.7 per cent pace, as air-transport prices surged 22 per cent surge. These bigger outlays, however, were partially offset by crude oil prices that continued to fall amid a global supply glut, pushing down gasoline prices. [Full Article...]

Johnsonville recalls Cheddar Cheese & Bacon Grillers

Johnsonville recalls Cheddar Cheese & Bacon Grillers They were shipped to retailers nationwide, according to the USDA. FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers. [Full Article...]

Jaw Dropping Facts:: Aurora Cannabis Inc., (NYSE: ACB)

Jaw Dropping Facts:: Aurora Cannabis Inc., (NYSE: ACB) As we move into the second half of the year, all eyes will be watching the major economic reports. When it comes to investing in stocks, the question of risk will eventually need to be addressed. Through this figure traders can analyze that ACB show whether or not a stock now most active and standing in buying side or sell side. For the long-term approach of trading or also can for short perio... [Full Article...]

Morgan Stanley misses forecasts, hurt by trading

Morgan Stanley misses forecasts, hurt by trading The company operates Institutional Securities, Wealth Management, and Investment Management segments. Decliners in the group also include regional bank KeyCorp - which earlier reported earnings plus an outlook that Morgan Stanley analyst Ken Zerbe deemed "disappointing" - and Silicon Valley lender SVB Financial Group. [Full Article...]

Plane carrying 129 skids off Chicago runway as huge storm hits midwest

Plane carrying 129 skids off Chicago runway as huge storm hits midwest The storm is expected to drop snow, sleet, freezing rain and ice in many places. Chicago , Milwaukee, New York City, Boston, Hartford, Providence, Pittsburgh, Albany, Buffalo, Cleveland, Columbus and Des Moines are all under winter storm watches or warnings. [Full Article...]

66 Killed, Dozens Injured in Mexican Fuel-Theft Explosion — GRAPHIC

66 Killed, Dozens Injured in Mexican Fuel-Theft Explosion — GRAPHIC Dozens of people were scrambling to fill containers with the leaking oil when they were engulfed by a massive fireball. Mexican President Andres Manuel Lopez Obrador said on Twitter that he had been briefed on the incident. Fuel theft gangs have hit back, winning the loyalty of impoverished neighbourhoods with the promise of free gasoline and getting local residents to act as lookouts and co... [Full Article...]

Buyers Cautiously Optimistic Over OPEC cuts, Possible Trade Deal

Buyers Cautiously Optimistic Over OPEC cuts, Possible Trade Deal U.S. West Texas Intermediate ( WTI ) crude futures were up $1.70 to $53.77 a barrel, or 3.3 percent. According to a new report from OPEC , Saudi Arabia , other major OPEC producers and Russian Federation, cut oil production sharply in December before a new plan to limit supply took effect on January 1. [Full Article...]

Woman: Hotel fired me for choosing church over work

Woman: Hotel fired me for choosing church over work She said she traded shifts with coworkers for several weeks until her boss said she had to come in, the Miami Herald reports. The jury awarded the woman $21M in punitive damages . "If it was a small mom and pop hotel, I wouldn't ask that", Brumer said. 'They accommodated her for seven years, and they easily could've accommodated her, but instead of doing that, they set her up for absentee... [Full Article...]

Judge Denies Requests To Pay Federal Workers During Shutdown

Judge Denies Requests To Pay Federal Workers During Shutdown Yahoo News reports that U.S. District Judge Richard J. Leon made the decision Tuesday afternoon. Interested in Government Shutdown? The lawsuit requests that the Trump administration immediately stop spending money that has not been appropriated by Congress. [Full Article...]

Shopko Stores closing stores in North Dakota, Minnesota

Shopko Stores closing stores in North Dakota, Minnesota The company announced Wednesday has filed voluntary petitions for a court-supervised financial restructuring under Chapter 11 of the U.S. Bankruptcy Code. The company said it has obtained $480 million in financing from lenders, including Wells Fargo, in order to continue normal operations and pay its suppliers. [Full Article...]


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