• 'Not thrilled' with interest rate hikes
'Not thrilled' with interest rate hikes

Trump complained that China's currency is "dropping like a rock". "They're picking the wrong customer, I'll tell you that - you know how intense he is on this issue", he said, adding: "Xi seems to think if he waits out the November elections, Trump will be weakened and therefore will lighten the bite".

Read more

  • Donald Trump: I’m Not Thrilled by Federal Reserve Raising Interest Rates
Donald Trump: I’m Not Thrilled by Federal Reserve Raising Interest Rates

In an interview with CNBC he declared himself unhappy that Fed Chairman Jerome Powell keeps raising rates. "Every time you go up they want to raise rates again", Trump complained. "So somebody would say, 'Oh, maybe you shouldn't say that as president.' I couldn't care less what they say because my views haven't changed", he said.

Read more

  • Thailand rescue diver could sue Elon Musk for calling him a 'pedo'
Thailand rescue diver could sue Elon Musk for calling him a 'pedo'

Diver Vernon Unsworth was instrumental in the rescue, and he said that Musk's attempt to build a small submarine for the rescue effort was a " PR stunt " that had no chance of working. Unsworth concluded this portion of the interview by claiming that Musk had been quickly asked to leave the cave during his much-tweeted-about visit.

Read more

  • Closures in Alaska leave U.S
Closures in Alaska leave U.S

They even have floppy disks and old computer systems, Harding told CNN . With the closures, Blockbuster will be down to just one location left open in the entire USA: a store in Bend, Oregon . And, she added, they plan on sticking around. But Daymude said it wasn't enough to counter a planned increase in the cost of his lease. The compa...

Read more

  • Tesla hits 200,000 cars, meaning a lower tax credit for EV buyers
Tesla hits 200,000 cars, meaning a lower tax credit for EV buyers

One of Tesla's most influential shareholders is giving Elon Musk an earful about the turmoil surrounding him and the electric-car maker in recent weeks. Yeah, I've been sleeping on the factory floor, not because I think that's a fun place to sleep. And its announcement said nothing about how it will pay for the venture.

Read more

  • Tesla plans Chinese plant with 500,000-vehicle capacity
Tesla plans Chinese plant with 500,000-vehicle capacity

Tesla follows Harley-Davidson Inc.in expanding outside the U.S., underscoring the urgency with which companies are moving to avoid damage from escalating trade disputes. In response to the 25 per cent tariff the US implemented on $34 billion worth of Chinese imports, the Asian superpower bumped its tariff on electric cars from 15 per cent to 40 pe...

Read more

  • Five countries agree to follow Iran nuclear deal
Five countries agree to follow Iran nuclear deal

In another phone call to German Chancellor Angela Merkel, Rohani said the European economic measures are " disappointing ", the Tasnim news agency reported. Washington has since told allies they must stop buying the OPEC producer's oil from November 4 or face financial consequences. As tensions grow, the USA president is demanding that all coun...

Read more

  • Iran oil minister: No change in production, export
Iran oil minister: No change in production, export

Iran has threatened to block oil exports through a key Gulf waterway in retaliation for U.S. efforts to reduce Iranian oil sales to zero. Donald Trump has insulted OPEC member states by ordering the organization to reduce prices, the Iranian oil minister stated, responding to the U.S.

Read more

  • Trade Wars: Trump loads first volley against China
Trade Wars: Trump loads first volley against China

China has sought the moral high ground during the increasingly bitter build up to the trade war by positioning itself as a champion of free trade but state media has now ramped up the rhetoric against the US President. The Trump administration drafted its initial tariff list to spare consumers, and numerous products that American families purchase ...

Read more

  • Mexican voters to pick president and more than 18,000 other officials
Mexican voters to pick president and more than 18,000 other officials

Lopez Obrador spoke to the crowd there around midnight, saying to loud applause: "Today one stage has ended and we are going to begin another one - we are going to transform Mexico!" We are always going to seek for there to be an agreement.

Read more

  • Prepared to work with nations that are reducing oil imports from Iran
Prepared to work with nations that are reducing oil imports from Iran

Referring to reports that Saudi Arabia may increase its oil exports to replace Iranian oil in world markets, Jahangiri said: "Anyone trying to take away Iran's oil market (share) would be committing great treachery against Iran and will one day pay for it".

Read more

  • Rouhani: Iran to stick to nuclear deal if interests are preserved
Rouhani: Iran to stick to nuclear deal if interests are preserved

The Paris-based NCRI is a collection of Iranian opposition groups that backs the overthrow of Iran's clerical leadership. Dozens of European companies have already dropped plans for investment in Iran, including the French oil giant Total.

Read more

  • German interior minister 'offers to resign' over migrants
German interior minister 'offers to resign' over migrants

Merkel rejects any unilateral moves, which she says would undermine the EU's Schengen open border system. To politically survive, Merkel could attempt a minority government, seek a new coalition partner in the ecologist Greens or pro-business Free Democrats, or orchestrate a no-confidence vote in parliament that could trigger new elections.

Read more

  • Magic Johnson's late push swayed LeBron James' move to Los Angeles
Magic Johnson's late push swayed LeBron James' move to Los Angeles

James is reportedly unlikely to visit other teams or take an audience with suitors - even the Cavaliers - as he did in past free agent circuits. He had a non-guaranteed $1.5 million deal for the upcoming season with a $1.6 million team option for 2019-20.

Read more

  • Amazon moves to disrupt pharmacy sector with new acquisition
Amazon moves to disrupt pharmacy sector with new acquisition

The startup, which was founded in 2013, ships medications to people in the United States in pre-sorted dose packaging and caters to people who take multiple prescriptions a day. The service is aimed at people taking more than one prescription drug every day. PillPack, which is closely held, also has software that automates many routine pharmacy t...

Read more

  • Trump Threatens To Hit Harley-Davidson With Taxes If It Moves Overseas
Trump Threatens To Hit Harley-Davidson With Taxes If It Moves Overseas

On Monday, Harley-Davidson in its US Securities and Exchange Commission (SEC) filing had said that the new retaliatory tariffs by the European Union (an increase from six per cent to 31 per cent) will result in an incremental cost of approximately $2,200 on an average motorcycle exported from the US to the 28-member trading bloc.

Read more

  • Trump revs up Harley-Davidson fight into second day
Trump revs up Harley-Davidson fight into second day

Trump has regularly pointed to Harley-Davidson as an example of a USA business harmed by trade barriers. In response to the USA tariffs , the European Union began charging import duties of 25 percent on a range of US products including big motorcycles like Harley's on June 22 .

Read more

  • Ways Donald Trump Made Harley-Davidson a Target
Ways Donald Trump Made Harley-Davidson a Target

Harley-Davidson Inc. sold nearly 40,000 motorcycles in the European Union a year ago, generating revenue second only to the United States, according to the Milwaukee company. The company provided no details of the number of jobs that would be lost as a result of the production change. "The EU is attempting to punish USA workers with unfair and ...

Read more

  • 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