• Amazon may open as many as 3000 cashierless convenience stores
Amazon may open as many as 3000 cashierless convenience stores

Amazon opened its first cashierless store in Seattle two years ago (pictured) and has launched two additional locations in Seattle and another in Chicago. Speculation of a widespread rollout of Amazon Go isn't the first time the company has been rumored to have plotted a massive expansion into brick-and-mortar stores.

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  • Chinese Premier Slams
Chinese Premier Slams "Unilateralism" In Trade Disputes

China responded by imposing tariffs on US$60 billion worth of United States goods. But, he said voters know China has been taking advantage of usa trade for years. The South China Morning Post cited a source Tuesday who said Trump's new tariffs will "likely" scuttle next week's talks. Since early February, the dollar has gained more than 6 ...

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  • Apple Watch, AirPods may be spared from Trump’s China tariffs
Apple Watch, AirPods may be spared from Trump’s China tariffs

China's Finance Ministry said its tariff increases are aimed at curbing "trade friction" and the "unilateralism and protectionism of the United States ". The $200 billion in USA tariffs go into effect in less than a week, on September 24, leaving the two sides little time to sit down. - From Harley-Davidson motorcycles and U.S.

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  • Trump moving forward with plans for new China tariffs
Trump moving forward with plans for new China tariffs

China "wants to make a deal" on trade, Mr. Trump told reporters, adding that "a lot of money" is about to come back "into the coffers" of the U.S. The Chinese government may decline to participate in proposed trade talks if the Trump administration moves forward with additional tariffs, the Wall Street Journal reported on Sunday, citing Chinese...

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  • Coca-Cola in talks with drug company to make cannabis drink
Coca-Cola in talks with drug company to make cannabis drink

A spokeswoman for Aurora Cannabis said the company has expressed interest in infused drinks and intends to enter that market, but it does not discuss business development initiatives until they are finalized. Canada officially legalised the use of recreational cannabis back in June and apparently the United Kingdom could follow suit within f...

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  • No import of Australian strawberry brands with needle contamination: AVA
No import of Australian strawberry brands with needle contamination: AVA

Certain brands have been removed from sale. Police began looking into the potentially risky berries after a Facebook user on Saturday wrote that their friend took a bite of a strawberry and ate "half a sewing needle", according to the Palm Beach Post .

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  • Canada's Freeland to hold NAFTA talks on Tuesday as time runs short
Canada's Freeland to hold NAFTA talks on Tuesday as time runs short

Trade Representative Robert Lighthizer . Prime Minister Justin Trudeau said just last week that the process was needed, because Trump "doesn't always follow the rules." Canada's foreign minister is to be in Saskatoon on Wednesday to update her fellow caucus members on the ongoing negotiations.

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  • Trump claims credit for the economy. Not so fast, says Obama
Trump claims credit for the economy. Not so fast, says Obama

On Monday morning, Trump tweeted that "The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years!" Standing behind the same podium where the former White House press secretary Sean Spicer once falsely claimed that Trump's inauguration drew the largest crowd there had ever been, Hassett thanked the ...

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  • China's Record Trade Surplus With US Adds Fuel to Trade War Fire
China's Record Trade Surplus With US Adds Fuel to Trade War Fire

In a tweet Sunday , Trump said Ford's decision not to import a new sport-utility vehicle from China means the Focus Active "can now be built in the U.S.A". In Ford's case, pulling the plug on the low-volume Focus Active won't be hugely significant to its business because it sells more than 2.5 million vehicles annually in its home market.

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  • Trump Threatens Additional Tariffs on $267 Billion of Chinese Goods
Trump Threatens Additional Tariffs on $267 Billion of Chinese Goods

And I hate to say this, but behind that is another $267bn ready to go on short notice if I want. Apple is highly exposed to a trade war between the U.S. The administration's "America First" policies have left the United States embroiled in tit-for-tat tariffs with the European Union, Canada and Mexico as well as an escalating trade war with C...

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  • Six More Woman Accuse CBS CEO Les Moonves of Sexual Assault
Six More Woman Accuse CBS CEO Les Moonves of Sexual Assault

The terms of Moonves's exit were unclear, though it was reported that his severance will be withheld pending the results of an independent investigation. "Lawyers were said to be putting the finishing touches on the settlement on Sunday". He and the media company's board were already negotiating his exit .

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  • Is Goldman Sachs out of the cryptocurrency trading desk idea?
Is Goldman Sachs out of the cryptocurrency trading desk idea?

Bitcoin is an SHA-256 POW coin with 21,000,000 total minable coins. The price started 2018 in the higher $200 range, hitting $283.29 on September 10 previous year. The Bitcoin cost for ETH now sits at 0.03388033 BTC . The announcement had yet another painful effect on the crypto markets , with Bitcoin showing a five percent decline in ...

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  • China's August Trade Surplus With US Hits Record $31 Billion
China's August Trade Surplus With US Hits Record $31 Billion

U.S. president Donald Trump said Friday that he was prepared to roll out tariffs on yet another $267 billion worth of Chinese goods even before his earlier proposed tariffs have gone into effect, the Wall Street Journal reports. It also said the MacMini computer, charging cables and equipment used in its offices and data centres could be hit ...

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  • Tesla stock falls as CEO appears to smoke marijuana on video
Tesla stock falls as CEO appears to smoke marijuana on video

Musk said . Overall, Morton appears to have parted ways with Tesla amicably, stating that he still believes in the company's overall mission, as well as its future prospects. Elon Musk is back at it again! Rogan told Musk it was a mix of tobacco and marijuana. Tesla's HR chief told Bloomberg News she was quitting.

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  • Trump, Trudeau raise NAFTA brinkmanship, muse about walking away
Trump, Trudeau raise NAFTA brinkmanship, muse about walking away

He reiterated his views again at the White House on Wednesday saying that Canada and "other countries have been taking advantage of the United States for many years". Trudeau said Tuesday he would refuse to sign a new NAFTA unless it preserved the exemptions that have protected Canada's cultural sectors, including broadcasting, publishing and mus...

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  • Obama unloads on Trump and politics of resentment
Obama unloads on Trump and politics of resentment

However, the data, in fact, show that Obama oversaw a steady, if somewhat disappointing, economic recovery, and those trends have continued in Trump's first term. "It did not start with Donald Trump ", said Obama, per CNN . Republicans also continue to use Obama's image in campaign ads, like a special House election in Pennsylvania and the West V...

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  • Oil steady ahead of Storm Gordon; weighed by dollar, Cushing build
Oil steady ahead of Storm Gordon; weighed by dollar, Cushing build

International Brent crude oil futures were at $77.43 a barrel at 2.22am GMT, down 21c, or 0.3%, from their last close. Oil prices dipped on Thursday as emerging market turbulence weighed on sentiment, while a deadline neared for a potential new round of US tariffs on another $200 billion of Chinese goods.

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  • Amazon becomes the 2nd U.S. company to join the $1 trillion club
Amazon becomes the 2nd U.S. company to join the $1 trillion club

If the online retailer's share price continues at its recent pace, it will be a matter of when, not if, Amazon's market valuation eclipses that of iPhone maker Apple , which reached $1 trillion on August 2 . Amazon Web Services provides cloud computing services to companies and government, and Amazon's advertising division makes billions by selli...

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  • Trump proposes freezing federal worker salaries
Trump proposes freezing federal worker salaries

Trump's administration proposed a $143.5 billion cut regarding federal employee pay in May. Congress has approved legislation to give military service members a 2.6 percent pay raise, the biggest in nine years, but funding must still be approved.

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  • India's GDP growth surges over 8 percent, boost for Modi before election
India's GDP growth surges over 8 percent, boost for Modi before election

Union Finance Secretary Hasmukh Adhia said: "The GDP growth rate of 8.2 per cent for the first quarter of 2018-19 indicates several structural reforms such as the GST have started giving rich dividends". While this isn't the official so-called back series, it was immediately pounced upon by the Congress, which lead the United Progressive Alliance...

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  • Facebook Watch On-Demand Video Platform Rolling Out Worldwide
Facebook Watch On-Demand Video Platform Rolling Out Worldwide

It features a feed of videos, tailored to each user's interests, including sports, news clips, and live videos from celebrities. Announcing the global launch of Facebook Watch , the company's head of video, Fidji Simo, says: "We launched Watch in the USA a year ago to give people a place on Facebook to find shows and video creators they love...

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  • Cohen's lawyer walks back claim Trump knew of Russia meeting
Cohen's lawyer walks back claim Trump knew of Russia meeting

Duncan said that she and 10 other jurors wanted to convict Manafort on all 18 counts of tax and bank fraud and failing to declare his foreign bank accounts that he faced in the trial. As to Dershowitz's reference to the president's constitutional protections in the Mueller probe, the special counsel wants to speak to Trump about obstruction of ju...

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  • Councilman Wants Mobile Companies to Explain 'Throttling' of First Responders
Councilman Wants Mobile Companies to Explain 'Throttling' of First Responders

Chief Bowden and Verizon representatives are slated to speak at the hearing. The revelations, which were first reported by Ars Technica , are buried in an addendum to a brief filed in support of 21 states and the District of Columbia, which together filed a lawsuit this year that essentially seeks to restore rules known as net neutrality.

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  • Fed interest rate hikes appear on course after chair Jay Powell's address
Fed interest rate hikes appear on course after chair Jay Powell's address

US stocks rose, sending the S&P 500 Index past its January record, as an expanding economy and surging earnings erased a six-month drought in which equities tumbled into a correction. Once interest rates reach an equilibrium, the Fed will cease its rate-hiking path. Trump on Monday criticised the Fed for hiking rates too quickly, saying he was "n...

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  • Trump Organization possible criminal charges over hush-money payments
Trump Organization possible criminal charges over hush-money payments

While it's not a crime to pay someone to keep quiet, the Justice Department says the hush money payments arranged by Cohen to hide allegations of Trump's extramarital affairs were actually unreported campaign contributions meant to influence the outcome of the election.

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  • Donald Trump - what happens next?
Donald Trump - what happens next?

U.S. President Donald Trump's former lawyer Michael Cohen testified on Tuesday that "at the direction of" the president, he arranged six-figure hush payments ahead of the 2016 presidential election to adult-film actress Stormy Daniels and former Playboy model Karen McDougal.

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  • President Trump's Personal Bookkeeper Granted Immunity in Cohen Investigation
President Trump's Personal Bookkeeper Granted Immunity in Cohen Investigation

Weisselberg, the 71-year-old Trump Organization CFO, is intimately familiar with Trump's business dealings, having overseen his corporate ledgers through his rise in the NY real estate world and his global dealings in the years before he launched his presidential bid.

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  • US President Trump takes aim at Federal Reserve for rates hike
US President Trump takes aim at Federal Reserve for rates hike

The dollar, on the ascent in recent months thanks to Fed rate rises and a robust USA economy, stumbled after Trump's latest criticism of the central bank. Beyond criticizing the Fed for raising rates, there's little Trump can do about it. Presidents usually avoid criticizing the central bank, which is created to be independent from political ...

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  • Iran says it is seeking solution to sell oil and transfer revenues
Iran says it is seeking solution to sell oil and transfer revenues

He tweeted: "Anyone doing business with Iran will NOT be doing business with the United States". Europeans' measures to save Iran's 2015 worldwide nuclear deal should "go beyond declarations to take pragmatic steps", Mohammad Javad Zarif said .

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  • Trump bashes Fed chief Powell in interview with Reuters
Trump bashes Fed chief Powell in interview with Reuters

Only once short-term rates reach a "neutral" level where they are neither stimulating nor braking the economy should the central bank potentially stop raising rates and figure out what to do next, Dallas Fed President Robert Kaplan said in an essay.

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  • Airport Forced to Use Whiteboard to Prevent Total Travel Mayhem
Airport Forced to Use Whiteboard to Prevent Total Travel Mayhem

In a statement at 17:00 BST, a Gatwick spokesman said the issue had been resolved and flight information was being displayed as normal. Photos shared on social media show travelers crowded around airport employees who are handwriting departure information on the temporary flight boards.

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  • Trump backs CEOs, proposes easing corporate reporting rules
Trump backs CEOs, proposes easing corporate reporting rules

Others said quarterly disclosures are essential for investment decisions and support richer US stock valuations, and that a change could make shares more volatile. "It's cockamamie idea. For starters, what's the difference between six and three months?". I find it very rich that he's proposing this with some veil that it's going to help companies t...

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  • Erdogan says Turkey will defy economic threats
Erdogan says Turkey will defy economic threats

Escalating tensions on trade between the United States and some of its largest trading partners had driven traders to sell emerging market currencies and take to the safety of the US currency. The United States has imposed sanctions on two Turkish government ministers and doubled tariffs on Turkish steel and aluminum imports. Last Wednesday, in a...

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  • China sending trade envoy to Washington for talks
China sending trade envoy to Washington for talks

Trump's tariffs were not popular with the U.S. solar industry, which claimed the rising cost of imports would cause the loss of thousands of jobs. The United States and China have slapped tit-for-tat tariffs on tens of billions of dollars worth of goods from each country, with another round of levies scheduled to being next week.

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  • Turkish lira volatile as USA warns of further sanctions
Turkish lira volatile as USA warns of further sanctions

Brunson, a 50-year-old evangelical pastor from Black Mountain, North Carolina, is being held on charges related to terrorism. Turkey has been hit by a currency crisis fuelled by a heated row with the United States . But Washington's move has sent Turkey's financial markets into a tailspin: the Turkish lira plummeted more than 18 per cent a...

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  • Qatar to aid Turkey, currency rallies but U.S. says tariffs to stay
Qatar to aid Turkey, currency rallies but U.S. says tariffs to stay

Though it was unclear how the boycott would be enforced or encouraged. Yakis agreed that Turkey, with its critically important geo-strategical position and a powerful army, could "easily find allies elsewhere if it is alienated by its North Atlantic Treaty Organisation allies".

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  • Turkey doubles tariffs on some U.S. imports over economy 'attacks'
Turkey doubles tariffs on some U.S. imports over economy 'attacks'

Turkey has doubled tariffs on some United States imports - such as passenger cars, alcohol and tobacco - in what Turkish Vice President Fuat Oktay said was a response to deliberate USA attacks on the Turkish economy. On Wednesday, the lira traded at 6.4125 to the USA dollar, weakening from a close of 6.3577 a day earlier. Also helping the Turki...

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  • Tesla Go-Private Effort Advances With Board Panel to Study Offer
Tesla Go-Private Effort Advances With Board Panel to Study Offer

This move comes after a meeting that the board urged Mr. Musk and his brother Kimbal to abstain from, in which it considered the CEO's tweets about going private. The Saudi fund over almost two years had approached him repeatedly about taking the company private, Musk said, and the latest meeting came after it took a almost 5 percent stake in Tes...

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  • Erdogan says Turkey to 'boycott' US electronic goods
Erdogan says Turkey to 'boycott' US electronic goods

Santosh Rao, head of research at Manhattan Venture Partners, said Erdogan's move to boycott American electronics and push Turkish consumers to Vestel phones might not work the way he thinks it will. "We will protect our economic independence by being tight-knit together". The Turkish leader had already said the US risks pushing a key North Atla...

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  • Saudi Arabias wealth fund in talks to invest in Tesla buyout deal
Saudi Arabias wealth fund in talks to invest in Tesla buyout deal

Musk tweeted on Tuesday that he had secured financing for a going-private deal, sparking speculation about who could fund such a large deal, particularly with the company's bonds rated junk by credit rating agencies. The briefs battle royale began after Einhorn's hedge fund said in a letter he was "happy that his Model S lease ended" and was rep...

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  • Theft of passenger plane spurs industrywide review of airport security
Theft of passenger plane spurs industrywide review of airport security

Last month, KGW went on a ride-along as the Oregon National Guard showed how they train for incidents like what occurred Friday night. Russell passed all the screening requirements for his tasks as a ground service agent, which range from handling baggage to towing airplanes, but he acknowledged during his in-flight radio exchanges with controllers...

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  • Ryanair strike set to affect Yorkshire holidaymakers
Ryanair strike set to affect Yorkshire holidaymakers

Germany , Ireland , Sweden , Belgium and the Netherlands are the countries in which pilots are striking, but which flights have been cancelled? Despite the walkouts, 85pc of its scheduled flights, more than 2,000, will operate as normal, Ryanair said .

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  • US ups metal tariffs on Turkey
US ups metal tariffs on Turkey

The foreign ministry also released a statement on Friday and warned the US that sanctions and pressure would only serve to harm ties between the two North Atlantic Treaty Organisation allies, adding Ankara would continue to retaliate as necessary against USA tariffs .

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  • Tech stocks take Nasdaq closer to record
Tech stocks take Nasdaq closer to record

The Dow and S&P 500 posted declines for the week following five straight weeks of gains, but the S&P 500 remains just 1.4 per cent below its record high from January 26. The S&P 500 and Dow ended down slightly on Thursday as gains in Apple AAPL.O and Amazon AMZN.O were offset by losses in energy and financial shares.

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  • United States to impose new sanctions on Russian Federation for nerve attack in UK
United States to impose new sanctions on Russian Federation for nerve attack in UK

Russia is already under US sanctions for its 2014 invasion of Crimea, and the Trump administration expelled 60 Russians from the USA and shuttered the Russian consulate in Seattle in response to the failed assassination attempt. congress went to the wire, leading to speculation that voters were turning against Donald Trump and could punish the ...

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  • Oil Prices Slide As China Imposes 25 Tariff On U.S
Oil Prices Slide As China Imposes 25 Tariff On U.S

US President Donald Trump has boasted that trade wars are "easy to win" and warned he would hit virtually all Chinese imports if Beijing does not back down and take steps to reduce its $335 billion surplus with the US. Customs will begin collecting the duties on 279 product lines, down from 284 items on the initial list, as of 23 August, the US T...

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  • Iran's foreign minister: USA will not stop Iran oil exports: newspaper
Iran's foreign minister: USA will not stop Iran oil exports: newspaper

Most Iranians see United States hostility as a basic fact of life, so their frustration is largely directed at their own leaders for not handling the situation better. The Iranian foreign minister also said the world does not pay attention to "impulsive tweeted diktats" by Trump. Mr Trump chose to restore sanctions against Iran despite pleas f...

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  • Elon Musk considers taking Tesla private
Elon Musk considers taking Tesla private

If Musk can't prove the allegedly secured funding at $420 per share, he may be accused of market manipulation or market fraud. Going private is one way to avoid close scrutiny by the public market as Musk and the company face those challenges.

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  • Iran nuclear deal: European Union shields firms from United States sanctions law
Iran nuclear deal: European Union shields firms from United States sanctions law

The nation's currency is collapsing, more than 100 global companies announced their intent to leave the country, and unemployment is rising. "We are very intent on using these authorities", a third USA official said, and will "use them aggressively".

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  • United Kingdom heatwave to continue as Europe roasts
United Kingdom heatwave to continue as Europe roasts

Holidaymakers heading to Spain and Portugal face more warnings of an extreme heatwave which could see the hottest-ever temperatures recorded in continental Europe . Portuguese weather forecasters said the hot air from North Africa also brought particles of sand, which tend to subdue maximum temperatures slightly.

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