Markets

by | July 21, 2018 | 02:13

These results will surely make Microsoft happy, and it's now an $800 billion company. Meanwhile, Microsoft's Intelligent Cloud business, which includes its server products and cloud services, rose by 23 percent. Productivity and Business Processes were $9.7bn, up 10 per cent. Office commercial revenues were up 8 per cent, while Office consumer revenues were up 6 per cent.

by | July 21, 2018 | 02:08

St. Louis Federal Reserve Bank President James Bullard said on Friday the Federal Reserve would remain unaffected by Trump's comments on U.S. monetary policy. But President Trump broke with that tradition, saying in a CNBC interview, "I'm not thrilled" about the Fed's interest-rate hikes. Trump tapped Powell, who had served as a governor at the US central bank, to serve at its helm following Janet Yellen .

by | July 20, 2018 | 06:27

Not to mention the $34 billion in Chinese goods the administration has so far hit with tariffs in yet another dispute over the predatory practices China deploys in a push to challenge US high-tech dominance. Automakers say there is "no evidence" that auto imports pose a national security risk, and that the tariffs could actually harm USA economic security.

by | July 20, 2018 | 06:03

It's not terribly helpful... They can't rebook the flights because they've got no computer system. A "systems issue" was cited as leading to a backlog of flights and a series of cancellations. "We are doing everything we can to keep any knock on disruption to our services to a minimum", British Airways said in an emailed statement. IT'S BEEN another morning of chaos for passengers at London's Heathrow Airport after another IT glitch has hit the aviation industry.

by | July 20, 2018 | 05:36

It has also taken on Facebook over privacy issues after it admitted that millions of users may have had their data hijacked by British consultancy firm Cambridge Analytica, which was working for Trump's 2016 election campaign. "Today's decision rejects the business model that supports Android, which has created more choice for everyone, not less". Android, which runs about 80 per cent of the world's smartphones according to Strategy Analytics, is the most important of a trio of antitrust ...

by | July 20, 2018 | 04:56

He was also the face of Vote Leave - the official pro-Brexit campaign group that was recently fined for breaking electoral law by overspending nearly US$600,000. Speaker of the Commons John Bercow said parliament would now be in session next Monday and Tuesday. On Tuesday, it was the turn of the softer, pro-European conservatives in her ranks who put her to the test, as she narrowly averted defeat in a parliamentary vote that signaled the potential for months of gridlock over the country's ...

by | July 19, 2018 | 01:02

Google's officials immediately responded, saying the company willappeal the European Union fine by the Margrethe Vestager's team. "This reduced the ability of rivals to compete effectively with Google", the EC said. The EC explained that although market dominance is not illegal, dominant companies are not allowed to abuse their powerful position by restricting competition.

by | July 18, 2018 | 04:07

But in an interview with the BBC, the boss of Airbus's arch-rival, Boeing, pledged to keep investing in Britain. Meanwhile, Airbus announced a memorandum of understanding (MoU) for Taiwanese startup StarLux Airlines to buy 17 of its A350 wide-body planes worth around $6 billion at list price, and another MoU with an unidentified leasing firm for 80 A320neo single-aisle jets worth about $8.8 billion.

by | July 18, 2018 | 02:42

The Amazon Founder-CEO's net worth touched $151 billion on the Bloomberg Billionaires Index on July 16, which coincided with Prime Day - Amazon's headlining sales event across the globe. Like many billionaire entrepreneurs, Bezos's fortune is based mainly on the stock price of his company, and Amazon shares have been soaring. His net worth hit $150 billion for the first time.

by | July 18, 2018 | 02:44

On Friday, Schnatter, 56, accused marketing firm Laundry Service , with whom he had the now-infamous conference call in May, of trying to extort him for $6 million to prevent his use of the racial slur from going public. Oregon State University's athletic department has suspended its sponsor relationship with Papa John's Pizza. Prior this week, John H. Schnatter resigned as the organization's director after he confessed to dropping the N-word amid a phone call with an advertising office.

by | July 17, 2018 | 05:03

For £14.99 - down from £45 -you get the Live Subscription and £10 of Xbox Store credit, saving you £30. Amazon has tweaked this year's Prime Day in a number of different ways from previous years. You can find deals on TVs, computers, earphones and so much more at these retailers. "If you look at membership over the last few years, it's grown significantly more than expectations".

by | July 17, 2018 | 05:18

Packages passed through a scanner, in August 2017, at an Amazon fulfillment center in Baltimore. The annual sales bonanza known as Prime Day 2018 has arrived, officially kicking off at 12 pm Pacific (3 pm Eastern) today and running for a full 36 hours.

by | July 17, 2018 | 03:12

According to Bloomberg , citing people familiar with the matter, Apple lost its "head of telecom carrier sales", "head of commercial channels and mid-market business", and its "its national sales and distribution chief", for the region. The new head, Michel Coulomb has also been reported to be struggling with his new job in making business relationships in the market. The company's representatives didn't respond to emailed questions.

by | July 17, 2018 | 02:27

The video ends with Matson speaking into the phone and saying, "No, thank you". "I'm Black - Black isn't a bad word". According to a now-deleted social media post from Camilla Hudson , the black woman had attempted to use the coupon on Friday night at the CVS location on North Broadway in Chicago .

by | July 17, 2018 | 02:03

Domestic streaming net additions are projected at 650,000, below the average estimate for 953,000. The reason behind this is that Netflix is now has a free cash flow of negative $559 million meaning they once again spent more in the second quarter of 2018 than they made.

by | July 17, 2018 | 01:26

Ives estimates Alexa - Amazon's name for the digital voice assistant that powers products like its Echo smart speaker - to be a $1 billion opportunity over the next three years. A $9.99 Fire TV Stick is simply unheard of - surpassing even the best Black Friday deal we've ever seen for Amazon's streamer. Bargains come fast and furious on Amazon Prime Day .

by | July 17, 2018 | 01:52

Ottawa's response has been $16.6-billion worth of countermeasures on imports of American steel, aluminum and consumer products. Both the United States and European Union urged China to open up its market and allow fair competition for its SOEs in their comments to China's seventh trade policy review by WTO.

by | July 16, 2018 | 07:20

Mr Unsworth has spent the best part of six years exploring the caves, and his intimate knowledge proved vital in the rescue effort. But British caver Vernon Unsworth told CNN that Musk "can stick his submarine where it hurts". The boys and their coach entered the cave just seven days before it was due to be closed because of monsoon flooding. An global team of cave-diving experts rescued the group of 12 teenage boys and their coach last week, after they had been stuck in the cave ...

by | July 16, 2018 | 04:30

Unsworth was instrumental in the rescue of the boy's soccer team, but lambasted Musk's submarine plan in an interview published by CNN Friday. "Thai navy seals escorted us in - total opposite of wanting us to leave", Musk wrote . "You know what, don't bother showing the video", Musk wrote.

by | July 16, 2018 | 04:27

Among the supplies that qualify for the discount, according to an announcement on Target's blog , are pens, pencils, crayons, markers, classroom storage and organization, tissues, hand sanitizer and more . According to a study from the National Center of Education Statistics, 94 percent of public school teachers spend their own money on classroom supplies.

by | July 16, 2018 | 03:16

Grand Chief Stewart Phillip says in many ways these buses really are an essential service. A USA -run service between Vancouver and Seattle will be the only operation into this province. "This will take away yet another option for public transportation that certainly many people rely on", Chrest said. Minutes before boarding for Kamloops, Stewart Byman, 21, said he was left wondering how it would hurt him financially.

by | July 16, 2018 | 02:38

Mr Lanier said Johnson & Johnson had spent 40 years covering up evidence of asbestos in some of its talcum-based products and should mark those products with warning labels or focus on powders made with cornstarch. The women who sued, whose jobs range from school bus driver to executive director of a job-retraining program, come from states including Pennsylvania, California, Arizona and NY.

by | July 16, 2018 | 03:48

Electric auto producer Tesla says it will build its first factory outside the United States in Shanghai. According to Bloomberg , Tesla may have delivered more vehicles to customers outside the U.S.in Q2 in order to avoid hitting the 200,000 US delivery cap in that quarter and hit the cap in Q3.

by | July 16, 2018 | 02:42

This would mean that Disney would be able to pick up the shares for nearly $2 billion less than Comcast have offered already, confusing, right? "Or will they crush Comcast on both continents?" What could be on the mind of each player? It received United Kingdom regulatory approval to buy Sky on Thursday - nearly 20 months after it requested it.

by | July 15, 2018 | 04:08

Photos taken at Build-A-Bear locations across the USA on Thursday revealed long lines and chaotic scenes. The company said it knew people were disappointed and it would reach out soon. Chuck E. Cheese's "All You Can Play" was launched last month and allows parents to pay for time instead of using the traditional method of purchasing tokens or Play Points.

by | July 15, 2018 | 03:52

The airline said they have made alternative travel arrangements using both flights and ferries for nearly 5,000 passengers. Flights from Dublin to Gatwick, Birmingham, Newcastle, Liverpool, Bristol and Manchester have all been affected. Flights between Ireland and the United Kingdom are the only ones effected so far however, more planned strikes in the future could effect journeys to Spain, Portugal, Italy and Belgium.

by | July 15, 2018 | 03:21

Unlike other flying auto models, Leng plans to keep BlackFly affordable, with a price tag near the cost of a traditional SUV. It was revealed on Thursday the company is funded by Google co-founder Larry Page. It will eventually cost about the same as a typical SUV, and heralds the start of the Jetson's lifestyle era, according to an Opener exec. 'When you press the thumb-stick to climb, you have absolute full control.

by | July 15, 2018 | 03:44

The Illinois Department of Public Health said in a news release Thursday that it has received confirmation of about 90 cases of cyclosporiasis, which is caused by the Cyclospora parasite. McDonald's says it's working to remove these salads from restaurants and re-supplying restaurants with salads from different suppliers. The fast-food company also said it is removing its existing salad blend from about 3,000 of its outlets, a lot of them in the Midwest.

by | July 15, 2018 | 03:03

Until now the crypto trading platform only supported trading in Bitcoin and Ethereum. Robinhood began offering users the ability to trade Bitcoin and Ethereum - the top two cryptocurrencies by market capitalization - in February.

by | July 14, 2018 | 05:26

While he was in front of an audience, Trump berated his most closes allies , calling them "delinquents" and stating he was disappointed in them for not contributing enough for defense and letting the US bear the burden. Mr Trump also warned the European Union he will make them pay for years of "taking advantage" of the United States - describing the situation as a "disgrace".

by | July 12, 2018 | 05:04

The interest charged on this kind of debt typically goes up when the Bank raises its rate. "You could call it holding off or you could call it following through on exactly what they said about being data-dependent, being cautious", said House, who said he expects Poloz to hike the rate Wednesday and then again once more this year, as well as another three times next year.

by | July 11, 2018 | 02:59

Soybeans, which represent a huge slice of American agricultural exports, are being targeted as well as cigarettes and dairy products, among other products. These tactics include the outright theft of trade secrets, government subsidies to homegrown tech firms and demands that USA and other foreign companies hand over technology if they want access to China's vast market.

by | July 10, 2018 | 04:02

The initiative came on the heels of a visit by Eritrea's high-level delegation to Ethiopia last month, including Yemane Gebreab, President Issaias Afeworki's special adviser and Foreign Minister Usman Salah. Ethiopian access to Eritrea's ports will be an economic boon for both, as well as posing a challenge to the increasing dominance of Djibouti which had benefitted from importing and exporting the vast majority of goods to Africa's second-most populous country.

by | July 10, 2018 | 03:50

Linda Daniels , 68, relied on an oxygen tank to breathe after being placed in hospice care with congestive heart failure in April. "She was scared, and she was holding our hands tightly", said Desiree Washington, Daniels' daughter. "We are reviewing our records to determine what transpired", Namiotka told NJ.com. They also say they were unaware of Daniels' medical condition. "I think my mom would have probably still been still alive today if the electric didn't get cut off", he said.

by | July 09, 2018 | 23:15

Later on Monday at 9.30 p.m. (GMT1830), Erdogan is also due to announce the ministers of the new Cabinet under Turkey's presidential system. Turkey is expected to adopt an increasingly nationalistic line in its foreign policy with the conservative and Islamic-leaning AKP and the nationalist MHP in parliament.