• In election victory speech, Erdogan says Turkey will advance in Syria
In election victory speech, Erdogan says Turkey will advance in Syria

Erdogan reiterated his commitment to "fight terroristic organisations", "to continue the fight to make the Syrian grounds freer" and to increase the "international prestige" of Turkey, saying: "Turkey has no moment to waste, we know that". The primary challenge for the opposition will be to quickly resurrect itself out of the trauma of this defeat....

Read more

  • Amazon may have spilled the beans for Prime Day 2018
Amazon may have spilled the beans for Prime Day 2018

The banner prematurely published on Amazon's United Kingdom store on 21 June revealed that Amazon Prime Day 2018 will kick off at midday on 16 July, and will run for 36 hours until midnight on 17 July. Amazon launched Prime Day , which it says boasts more deals than Black Friday , in 2015. Aside from that, we're also expecting Amazon...

Read more

  • Finally, Supreme Court equalizes internet sales tax rules
Finally, Supreme Court equalizes internet sales tax rules

In upholding the ruling the Supreme Court overturned a 1992 ruling that required a " physical presence " in a state in order to mandate collection of sales tax. Ricketts had recommended that the state wait for the Supreme Court decision as a compromise. Five states - Delaware, Montana, Oregon, New Hampshire, and Alaska - do not have a state...

Read more

  • Iran signals compromise for modest rise in OPEC oil output
Iran signals compromise for modest rise in OPEC oil output

Unlike Iran, both Russian Federation and Saudi Arabia now have ample room to increase production, analysts say. Reuters reported that the reinstitution of us sanctions in November could cut Iran's oil output of almost 4 million barrels a day by a third.

Read more

  • Trade fight could slow United States growth, economists say
Trade fight could slow United States growth, economists say

Economists are starting to warn that the tit-for-tat tariff threats between the United States and China, should they all be implemented, would meaningfully slow USA growth. Washington rescinded a ban on sales of US technology to ZTE after the company agreed to pay a $1 billion fine and hire American-picked compliance managers.

Read more

  • Internet sales-tax ruling could have big effect in Florida
Internet sales-tax ruling could have big effect in Florida

The South Dakota Supreme Court based its ruling on a 1992 US Supreme Court case, Quill Corp. v. The decision, which overturns an earlier Supreme Court precedent, will boost state revenues at the expense of consumers and sellers who have avoided sales taxes in the past.

Read more

  • Starbucks to close 150 stores amid slowing sales
Starbucks to close 150 stores amid slowing sales

Johnson laid blame for the disappointing sales growth at the feet of the once-vaunted Frappuccino, which accounted for 14 percent of revenue at company-operated stores as recently as three years ago. In addition to the lost sales on that day and the costs of the training, Starbucks delayed its seasonal marketing push, which it would have begun in m...

Read more

  • FBI Hid Clinton Crimes, Created Russian Diversion
FBI Hid Clinton Crimes, Created Russian Diversion

A May 2016 email from FBI investigator Peter Strzok shows the agency knew at that time some classified information had been hacked from Clinton's private server. The watchdog office said it could not be certain that the decision to prioritize the Russian Federation investigation in October 2016 over scouring the Weiner laptop for possible evidence ...

Read more

  • 1 deputy shot dead, another critically injured when inmate overpowered them
1 deputy shot dead, another critically injured when inmate overpowered them

A male deputy died from his injuries. King was a 13-year veteran of the department. The deputies haven't been identified yet, but we know a male deputy died and a female deputy is in critical condition. Witnesses were being interviewed, she said . However, he was still going through the Wyandotte County Court system due to previous pending c...

Read more

  • Maine Delegation issues joint statement regarding China's retaliatory tariffs on lobster
Maine Delegation issues joint statement regarding China's retaliatory tariffs on lobster

The USTR official said the tariffs were aimed at changing China's behavior on its technology transfer policies and massive subsidies to develop high-tech industries. "It is American taxpayers-businesses and workers-who will literally pay for these tariffs ". Trump's trade representatives have been trying to persuade other countries to lowe...

Read more

  • Trump’s $50 billion China threat only signals worse to come
Trump’s $50 billion China threat only signals worse to come

The spokesman added that this "undermines the world trade order". In a Friday morning interview with Fox & Friends, Trump brushed off China's comments on a potential trade war. In a statement Friday, Trump pledged additional tariffs if China follows through on the threat to fight back. "China is our real trade enemy, and their theft of i...

Read more

  • Federal Reserve bumps up USA interest rate, signals two more in 2018
Federal Reserve bumps up USA interest rate, signals two more in 2018

The central bank raised the federal funds rate to a 1.75-2 percent target range, the second increase under Fed Chairman Jerome Powell. "I think we are far enough away now though that the risks are kind of balanced", he said. Eastern time news conference. "He is someone who thinks the USA economy has a lot of room at the margin". Ten years a...

Read more

  • AT&T approval boosts stocks of possible merger targets
AT&T approval boosts stocks of possible merger targets

The Justice Department had sued to block the merger, in light of the latter potential consequences. Leon also said it would be harmful for him to put a temporary stay on the merger while the government appeals his decision, if it does so.

Read more

  • Domino's Pizza fixing potholes
Domino's Pizza fixing potholes

Domino's said it has previously helped towns in Texas, California, Georgia and DE fix their roads. Domino's is fixing potholes in US cities in an effort to give its pizzas a smoother ride in delivery vehicles. The company is going town to town, fixing potholes that can put your precious pies at risk. At a restaurant in Johnson City, health ins...

Read more

  • US net neutrality rules expire, court battle looms
US net neutrality rules expire, court battle looms

Enacted in 2015, the rules sought to stop providers giving preferential treatment to sites and services that paid them to accelerate their data. "They are not concerned that Internet service providers are going to block access to lawful content".

Read more

  • Former NBA star Dennis Rodman arrives for Trump-Kim summit
Former NBA star Dennis Rodman arrives for Trump-Kim summit

After that secretive summit, John Bolton angered North Korea when he compared the country's path to denuclearization to Libya's, leading experts to believe Trump's hawkish national security adviser was trying to sabotage the talks. A cameraman was also heard yelling profanities in Korean. Both leaders would offer "clear, specific, unequivocal s...

Read more

  • Verizon Announces Hans Vestberg As Its Next CEO
Verizon Announces Hans Vestberg As Its Next CEO

He pioneered the success of Verizon's switch to 4G LTE and has staged the company's plans to build a 5G wireless broadband network. He'll remain the CEO until the end of the year when he will be retiring. Though, media is gradually becoming obsolete in telecom. Since his appointment to EVP and President of Global Operations in 2015, Stratton has le...

Read more

  • Ghana to dissolve football association over bribery allegations
Ghana to dissolve football association over bribery allegations

The Ghanaian government has chose to dissolve the country's football association after claims, in an undercover documentary, of bribe-taking by referees and kickbacks to top officials. I wish to state my interest was to develop Ghana Football which led me to take the supposed investors to the President of the Ghana Football Association.

Read more

  • Trump delivers warning on trade as he leaves G-7 summit
Trump delivers warning on trade as he leaves G-7 summit

But he said so many "are unbelievable dishonest". Kremlin spokesman Dmitry Peskov told reporters on Saturday the two leaders discussed the prospects for their meeting in a March phone call , and talked about locations with Vienna as a possibility.

Read more

  • Key 'step forward' in cutting cost of removing Carbon dioxide from air
Key 'step forward' in cutting cost of removing Carbon dioxide from air

Previous research and studies into direct air capture (DAC) have suggested that removing a ton of Carbon dioxide from the atmosphere would cost US$600, which is too expensive to be a feasible solution, Keith said . This is an engineering breakthrough on two fronts: A potentially cost-effective way to take Carbon dioxide out of the atmosphere t...

Read more

  • Porsche’s first electric auto to be called Taycan
Porsche’s first electric auto to be called Taycan

The German automaker announced today (June 8) that its first all-electric supercar, which was called the Mission E in development, will be known as the Taycan , an Eurasian name which roughly translates as "lively young horse". The company says the auto can hit 60 mph in "well under" 3.5 seconds and 124 mph miles per in less than 12 seconds. O...

Read more

  • Buffett, Dimon urge end to quarterly profit forecasts | AP business
Buffett, Dimon urge end to quarterly profit forecasts | AP business

Dimon , the chairman of the Business Roundtable , said the group of CEOs has thrown its support behind companies backing away from the practice. It is a long-simmering debate but one that has gotten more attention in an era when activist investors are more vocal about pushing companies to deliver on their promises.

Read more

  • ZTE to reopen after $1 billion fine, new leadership
ZTE to reopen after $1 billion fine, new leadership

Back in April, the United States government announced a complete and total ban of any U.S. components manufacturers from selling to Chinese telecom and handset giant, ZTE (HKG:0763). ZTE did not immediately respond to requests for comment. It paid $890 million in fines. Post calculations of U.S. parts in the company's products would also have to ...

Read more

  • Model 3 is on target, says Elon Musk
Model 3 is on target, says Elon Musk

The Tesla chairman and CEO also offered updates on some future products, including the long-awaited $35,000 version of the Model 3 . If any significant number of "remove" votes are received, it probably signifies an erosion of confidence in Musk on the part of big institutional investors.

Read more

  • Dog found dead in Delta Air Lines carrier during layover near Detroit
Dog found dead in Delta Air Lines carrier during layover near Detroit

Alejandro was checked on". Michael Dellagrazie told CBS2's Hazel Sanchez on Sunday he isn't satisfied with Delta's response after his dog, Alejandro, was found dead during a layover in the Motor City, while in the airline's care. 'The dog is not a pet. The owner of a dog that died following a Delta flight accused the airline of attempting to ...

Read more

  • Google Will Reportedly Stop Analyzing Pentagon Drone Footage
Google Will Reportedly Stop Analyzing Pentagon Drone Footage

According to several internal emails obtained by reporter Kate Conger, Google officials were optimistic that working on Project Maven could open the doors to much more lucrative contracts with the USA military and intelligence agencies, including a reputed $10 billion cloud computing contract, which several large tech companies have put in bids for...

Read more

  • Microsoft acquires GitHub for $7.5 billion
Microsoft acquires GitHub for $7.5 billion

As Nadella increasingly moves the company away from complete dependence on the Windows operating system to more in-house development on Linux, the company needs new ways to connect with the broader developer community. The stepping down of CEO Chris Wanstrath previous year created slight feelings of unease, and a replacement is yet to be found ...

Read more

  • What will Apple announce at WWDC? iOS 12, MacBook, iPhone SE2 rumours
What will Apple announce at WWDC? iOS 12, MacBook, iPhone SE2 rumours

The event will kick off at 10:00 PM, Pakistani time. Siri is also expected to become smarter with the announcements expected at WWDC 2018 keynote . iOS 12 is expected toinclude performance improvements, redesigned basic apps (like Stocks), new Animoji and a greater focus on augmented reality .

Read more

  • Germany's Merkel to work with Italy's populist new govt
Germany's Merkel to work with Italy's populist new govt

The EU has been under pressure to show unity after US President Donald Trump's recent moves such as pulling out of the Iran nuclear deal and imposing tariffs on European steel and aluminium exports, according to Reuters . She also said the EMF would remain under the authority of euro-zone states, in effect giving national parliaments some say over...

Read more

  • New Deutsche Bank boss Sewing is 'sick and exhausted of bad news'
New Deutsche Bank boss Sewing is 'sick and exhausted of bad news'

Deutsche Bank's shares fell to historic lows yesterday after it emerged that USA regulators had officially designated the German lender as "troubled", putting strict limits on its ability to conduct business as usual. But he candidly admitted that the newsflow around the bank was "not good". The bank, which is headquartered in Frankfurt , German...

Read more

  • Google to scrub USA military deal protested by employees
Google to scrub USA military deal protested by employees

And while Gizmodo reported last week that IBM has been approached by the National Geospatial-Intelligence Agency to potentially work on the project , a spokesperson for IBM tells Fast Company that "IBM does not have and has not had a contract to work on Project Maven ".

Read more

  • Sears at Cottonwood Mall among nationwide closures
Sears at Cottonwood Mall among nationwide closures

The company said it will disclose the locations of the store closures by mid-day Thursday. The exact closing date and start of liquidation sales was not announced , but the company indicated they could begin by June 14. Sears did highlight positive comparable store sales at Kmart and Sears within several categories, including apparel, footwe...

Read more

  • Amazon to block Aus shoppers from USA website
Amazon to block Aus shoppers from USA website

Shoppers visiting the USA store Amazon.com will be redirected to the Australian version, Amazon.com.au, from July 1 when Australia starts applying new tax rules, Amazon said in a statement on Friday. "Amazon's huge scale leaves them in a far better position" than other overseas-based retailers, he said. Amazon is launching a global store accessib...

Read more

  • White House Imposes Tariffs on US Allies EU, Canada And Mexico
White House Imposes Tariffs on US Allies EU, Canada And Mexico

The tariff exemptions for Canada, Mexico and the European Union expire on Friday. More details to follow ... Not even the US's closest allies can avoid getting caught in President Donald Trump's escalating trade battles. The European Commission, which coordinates trade policy for the 28 EU members, has said the bloc should be permanently ...

Read more

  • Canada's Government Buys Controversial Oil Pipeline, To Ensure It Gets Expanded
Canada's Government Buys Controversial Oil Pipeline, To Ensure It Gets Expanded

This given the court challenges to stop the pipeline by B.C. Premier John Horgan's NDP government and Indigenous opponents, along with protests by environmental radicals who want to kill it at all costs. Morneau sidestepped questions about how Ottawa will deal with opposition from environmentalists and aboriginal groups, who cite the risk of a ca...

Read more

  • Crude falls below $80 on hopes of OPEC raising output
Crude falls below $80 on hopes of OPEC raising output

The U.S. benchmark is down from a peak of $72.58 earlier this week but still up 13.6% this year. Pressure has been on the rise since the International Energy Agency published its monthly report acknowledging that the oil market was now balanced and that commercial glut in major industrial countries fell by about 1 million barrels.

Read more

  • Govt plans to impose windfall tax on ONGC to soften fuel prices
Govt plans to impose windfall tax on ONGC to soften fuel prices

The tax could be used in two ways - as a subsidy to fuel retailers for absorbing the hikes and not passing them on to consumers or compensation to the government if it cuts the excise duty. It is learnt that Indians living on the borders of the above two countries draw their requirement of petrol and diesel from across the borders at nearly half ...

Read more

  • Almost 5 million vehicles recalled by Fiat Chrysler
Almost 5 million vehicles recalled by Fiat Chrysler

The company said it was unaware of any related injuries or accidents involving the affected vehicles but warned drivers to refrain from using cruise control until the software fix is made. Some markets outside the U.S., including Canada and Mexico, are also affected, but the total number of vehicles involved globally is not known. The U.S.

Read more

  • Trump Still Open to Possibility of Summit with N. Korea
Trump Still Open to Possibility of Summit with N. Korea

North Korea had sharply criticized suggestions by Trump's national security adviser, John Bolton , and Vice President Mike Pence that it could share the fate of Libya if it did not swiftly surrender its nuclear arsenal. Following the meeting, US President Donald Trump said that he would hold a summit with the North Korean leader in "the coming ...

Read more

  • Complaints vs Google, Facebook under new European Union law
Complaints vs Google, Facebook under new European Union law

Many companies, like Twitter, have recently updated their privacy policies in anticipation of the new law. The new General Data Protection Regulation - or GDPR - is coming into force on Friday 25 May. That said, European Union regulators are clearly going to tread softly on the enforcement front in the short term. You also need to establi...

Read more

  • Trump willing to walk away from North Korea summit: Mike Pence
Trump willing to walk away from North Korea summit: Mike Pence

But Moon has found common ground with his American counterpart by flattering Trump publicly. The North's decision to close the Punggye-ri nuclear test site has generally been seen as a welcome gesture by Kim Jong-un to set a positive tone ahead of his summit with Mr.

Read more

  • UAE, Bahrain support Pompeo's list of demands for Iran
UAE, Bahrain support Pompeo's list of demands for Iran

Also responding to Pompeo, Iranian Foreign Minister Mohammed Javad Zarif accused the U.S. of a "regression to old habits", saying Washington's diplomatic efforts were a "sham". "The era of such statements has evolved and the Iranian people have heard these statements hundreds of times, and no longer pays attention", he added.

Read more

  • Walmart online sales surge, earnings beat expectations
Walmart online sales surge, earnings beat expectations

Consolidated operating income fell by 1.6% year over year in the first quarter. According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.3 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell.

Read more

  • Italy's Fanciful Coalition Draft Draws Investors' Incredulity-For Now
Italy's Fanciful Coalition Draft Draws Investors' Incredulity-For Now

But the biggest single bloc is a center-right alliance of Salvini's League and Berlusconi's Forza Italia party that garnered 37 percent of the vote. Yet the market's reaction was remarkably muted. The gap between Italian benchmark bond yields and the safer German equivalent reached its widest in seven weeks last week on news that a deal was at ha...

Read more

  • GOP Senator Cites Rural Need on Rank-Breaking Net Neutrality Vote
GOP Senator Cites Rural Need on Rank-Breaking Net Neutrality Vote

This effort to conflate net neutrality with privacy fell flat in the Senate - as well it should have: There's no reason why lawmakers can't deal separately with questions about net neutrality and privacy. But if Democrats take the House this fall, Democratic leader Nancy Pelosi has indicated that she is prepared to put net neutrality on the age...

Read more

  • Paddy Power US arm to merge with Edinburgh firm FanDuel
Paddy Power US arm to merge with Edinburgh firm FanDuel

Nevada has been the only state with legal single-game wagering. While US states will have to draw up their own gambling laws, a process that could take years in some cases, the shift in the US landscape is expected to encourage British firms to seek takeovers or become targets themselves.

Read more

  • French energy giant Total to pull out of Iranian gas project
French energy giant Total to pull out of Iranian gas project

Since the July 2015 nuclear accord, Total , together with its project partners, has been carrying on tendering for subcontracts and other preparatory work to develop the eleventh phase of the South Pars development, which would supply the domestic market in Iran.

Read more

  • Xerox Aborts $6.1bn Sale To Japan's Fujifilm
Xerox Aborts $6.1bn Sale To Japan's Fujifilm

Icahn said: "We are extremely pleased that Xerox finally terminated the ill-advised scheme to cede control of the company to Fujifilm". The Xerox board said it had repeatedly requested a new round of negotiations with Fujifilm that might lead to the Japanese group improving its takeover bid.

Read more

  • Facebook suspends 200 apps pending further investigation
Facebook suspends 200 apps pending further investigation

Facebook users who took part in the app developer's quiz, entitled " This is Your Digital Life ", gave the app developer access to their Facebook data, and the data belonging to their Facebook friends, most of whom were unaware of that fact.

Read more

  • Elon Musk says Tesla planning 'thorough reorganisation'
Elon Musk says Tesla planning 'thorough reorganisation'

The tech billionaire's email to employees also comes amid production problems and senior staff departures, with shares falling 2.1% to $297 on Monday. Winkler added that in a semi-autonomous vehicle, it is still the driver's responsibility to "stay alert, drive safely, and be in control of the vehicle at all times".

Read more