Money

US Not 'Afraid To Tackle' Iran Regime At 'Highest Level': Mike Pompeo

US Not 'Afraid To Tackle' Iran Regime At 'Highest Level': Mike Pompeo Gen. Amir Hatami said the US does "not understand anything but the language of force", according to the semi-official Fars News Agency. S. out of the global deal meant to prevent Tehran from developing a nuclear weapon and ordered increased American sanctions . [Full Article...]

US Treasury Secretary denies any chance or a currency war

US Treasury Secretary denies any chance or a currency war But in a more distant perspective, the sharp decline in the yuan still hampers the Chinese economy. -China trade tensions and supply increases which undermined sentiment. "While oil prices were the primary beneficiary of the weekend's headline battle between President Trump and Iranian President Rouhani, that boost started to fizzle as traders then veered to oversupply concerns", said Stephen In... [Full Article...]

North Korea begins dismantling rocket test site

North Korea begins dismantling rocket test site US President Donald Trump said North Korea's leader Kim Jong-un had vowed to destroy an engine test site, but did not specify which one. During his summit with President Donald Trump in June, he reportedly promised the USA leader that he would also take apart another site , but it is not clear whether that has occurred. [Full Article...]

Trump tapping US$12 billion to help farmers affected by tariffs

While promoting the global negations, Mr. Trump praised his hard-line trade strategy, saying slapping tariffs if the U.S.is treated unfairly is "simple". Shares of farm-related companies rose following reports of the financial assistance, which raised the prospect that farmers will have more to spend on tractors and other farm gear. [Full Article...]

White House Admits Tariffs Are Hurting Farmers As It Plans Relief Program

White House Admits Tariffs Are Hurting Farmers As It Plans Relief Program Farm groups have complained that moves by China and other countries in response to Trump's protectionist trade stance could cost them billions of dollars, spooking Republicans who fear a political and economic blowback to Trump's approach. [Full Article...]

Alphabet trounces profit estimates as costs come into check

Alphabet trounces profit estimates as costs come into check The company is appealing the decision but included the charge in its latest quarterly earnings report. In the same quarter previous year, Alphabet reported earnings of $5.01 per share on revenue of $26 billion. They are also likely to keep an eye on the impact of the recently passed General Data Protection Regulation law in Europe, and its impact on digital ad sales. [Full Article...]

Papa John's booted from Student Union after founder's remarks

Papa John's booted from Student Union after founder's remarks The poison pill language adopted by the board is created to prevent anyone from taking control of the company by buying a controlling stake in the open market. He and his associates own 30 percent of the company's stock, and he remains on the board. The plan is set to expire in one year, the company said. Shares traded for $48.10 at 10:37 a.m., down 6.8 percent, after having fallen more than... [Full Article...]

India withdraws tax on sanitary pads

India withdraws tax on sanitary pads Saturday's announcement is part of a slew of changes to the national goods and services tax ( GST ) meant to reduce the prices of around 90 key consumer goods, many of which target urban middle classes ahead of next year's general election. [Full Article...]

Tesla addresses reports that its asking suppliers for refunds

Tesla addresses reports that its asking suppliers for refunds The Wall Street Journal also received confirmation that Tesla is seeking price reductions from fewer than 10 suppliers for uncompleted projects that began in 2016, and CEO Elon Musk tweeted it will only count costs applicable to and beyond the third quarter. [Full Article...]

No Mega Millions victor Friday; jackpot climbs to $493 million

No Mega Millions victor Friday; jackpot climbs to $493 million The Mega Millions jackpot continues to climb. Shared winners in Illinois, Kansas and Maryland scooped up the record jackpot of $656 million on March 30, 2012. Proceeds from Mega Millions and Georgia Lottery games will benefit education in the state of Georgia. People can also win big without a flawless ticket. [Full Article...]

Ritz recall: Certain snacks recalled due to salmonella concerns

Ritz recall: Certain snacks recalled due to salmonella concerns The Canadian Food Inspection Agency (CFIA) posted the recalls on their website Friday. According to the agency, the recall was triggered by a recall in another country. Salmonella is a microorganism that can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. [Full Article...]

Trump criticizes Federal Reserve, breaking long-standing practice

Trump criticizes Federal Reserve, breaking long-standing practice The U.S. has a list of $200 billion worth of Chinese goods that may be slapped with levies. Trump admitted his comments were unusual but said he doesn't care, CNBC reported. The last known example of USA presidential strong-arming came when George H.W. Bush was fighting for re-election. Trump nominated current Fed Chair Powell, who had served as a governor on the board of the US central bank... [Full Article...]

Ritz Cracker Products Recalled Due To Potential Salmonella Presence

The products are made by Mondelēz Canada. There have been no complaints of illnesses. Consumers are advised to discard any products they may have. Young children, pregnant women, the elderly and people with weakened immune systems may contract serious and sometimes deadly infections. "Healthy people may experience short-term symptoms such as fever, headache, vomiting, nausea, abdominal cramps ... [Full Article...]

No GST on sanitary pads, rakhis; rates slashed on shoes, several appliances

No GST on sanitary pads, rakhis; rates slashed on shoes, several appliances Sanitary napkins used to attract 12 per cent tax under GST. The Finance Minister informed that the Special meeting of GST council will be held on 4th of next month in Delhi and it will be focussed on Micro, Small and Medium Enterprises MSME Sector. [Full Article...]

Sergio Marchionne Out As FCA CEO Following Complications With Surgery

Sergio Marchionne Out As FCA CEO Following Complications With Surgery FCA said this month that Marchionne, who held joint Italian and Canadian citizenship and was described by those who worked with him as a workaholic, had undergone shoulder surgery and was in recovery but then his situation deteriorated. Manley likely did not know he was the chosen one as Marchionne had told reporters repeatedly that the new CEO would be told at the last minute. On that occasion h... [Full Article...]

Amazon "temporarily killed all global traffic" to deal with Prime Day outage

Amazon Amazon expanded Prime Day to 36 hours this year, six hours longer than last year. Since 2005, Prime has been focused on making customers' lives better every day. Amazon mainly sticks to advertising about Prime Day on its site, app and through email marketing. "This has been a growing change in Amazon's business model because today, it's not enough for retailers to compete only online". [Full Article...]

World stocks hit month peak; dollar firms to three-week high

World stocks hit month peak; dollar firms to three-week high However, he acknowledged that it was "difficult to predict the ultimate outcome of current discussions over trade policy", a clear reference to the aggressive tariffs U.S. Though concerns the US economy may be nearing a peak as evident from a flattening yield curve and falling inflation adjusted-yields, the widening rate differentials between the USA and other major markets also lifted the greenba... [Full Article...]

U.S. dollar down on as Trump makes fresh threats vs China

U.S. dollar down on as Trump makes fresh threats vs China Because we go up and every time you go up they want to raise rates again". An afternoon recap of the day's most important business news, delivered weekdays. Dow futures which had already been pointing modestly lower slid sharply after the comments were aired by CNBC early Friday, indicating triple-digit losses when the market opens. [Full Article...]

Cloud, PC Trends Positive — Microsoft Earnings Preview

Cloud, PC Trends Positive — Microsoft Earnings Preview The company reported quarterly profit of $8.9 billion, or $1.14 per share. Azure has a 16 percent share of the global cloud infrastructure market, making it the second-biggest provider of cloud services after Amazon .com Inc's ( AMZN.O ) Amazon Web Services, according to April estimates by research firm Canalys. [Full Article...]

Commerce reviewing impact of uranium imports on national security

Commerce reviewing impact of uranium imports on national security The United States has begun investigating whether uranium imports threaten national security, launching a process that could lead to more tariffs being imposed on imports from Russian Federation and Central Asian countries. The head of Cameco Inc., Canada's largest uranium producer, said it's too early to say what impact the investigation will have, but that Canada and the company are aligned ... [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15  Next »