Economy

by | January 15, 2019 | 06:28

All-wheel drive is an option. Pricing is not yet available on either the hybrid or ST versions of the 2020 Ford Explorer . Despite its low cylinder count, the entry-level Explorer engine is able to tow a maximum of 5,300 pounds with the Tow package.

by | January 15, 2019 | 05:56

Kelly, chair of the board of directors at PG&E. The utility set up barricades at its headquarters in San Francisco before additional details were set to be revealed at a news conference. Nathan Click, a spokesman for Newsom's office, said Saturday that he's "monitoring the situation very closely". Electric and natural gas service are expected to continue without interruption during the bankruptcy process.

by | January 14, 2019 | 05:27

TSA employees called in sick in higher numbers on Saturday, the day after their first missed paycheck since the US government wound down on December 22. The shutdown has stalled the required federal approvals for new jets and routes, as well as certifications for new mechanics and other industry employees.

by | January 10, 2019 | 05:18

High speed, low latency, and aimed at powering more than just smartphones, like those self-driving cars. The main point that wireless carriers and device makers wanted to make at the latest iteration of CES is that this lengthy and troublesome deployment is really going to be worth it since it will enable countless new technologies, create millions of jobs, and ultimately boost the global economy by having everything from microwaves and trashcans to auto tires and your mother-in-law ...

by | January 09, 2019 | 10:26

Beijing and Washington have raised tariffs on billions of dollars of each other's goods, prompting fears the conflict will dampen global economic growth that is showing signs of slowing. They have tried to defuse pressure for more sweeping change by offering trade concessions including purchasing more American soybeans, natural gas and other exports.

by | January 05, 2019 | 06:27

The Reserve Bank of India has reduced to a minimum the printing of currency of Rs 2,000 denomination, PTI reported on Thursday, quoting an unidentified Ministry of Finance official. To compensate, the printing of Rs 500 notes has been increased. As of March 2018, the total value of the currency in circulation was Rs 18.03 lakh crore, of which Rs 6.73 lakh crore, or 37%, was in Rs 2,000 notes, and Rs 7.73 lakh crore, approximately 43%, in Rs 500 notes.

by | January 05, 2019 | 03:59

Apple's report startled investors who fear a slowdown of the world's second largest economy amid pressure from a trade dispute between Washington and Beijing. Shares in the technology giant fell seven per cent in after-hours trading following the surprise announcement from chief executive Tim Cook . On Thursday it was also announced that Apple is likely to remove some iPhones from stores in Germany , as Qualcomm moves to enforce an earlier court order banning the sale of some ...

by | January 03, 2019 | 05:30

Usually, Call of Duty and World of Warcraft continue to carry the torch for Activision Blizzard's profit margin, however CNBC reported a fall from 352 million monthly active users down to 345 million in the company's third quarter. Neumann did not immediately respond to Reuters request for comment over LinkedIn . According to multiple reports, Neumann will indeed end up departing Activision and has in fact already accepted the same role of CFO over at Netflix.

by | December 31, 2018 | 00:05

The attack came from a " foreign entity " aiming to " disable infrastructure, more specifically servers ", rather than steal the data, the paper's source explained. The papers had previously been part of Tronc, the previous name of Tribune Publishing. Forbes reports that the malware Tribune Publishing discovered was a version of the Ryuk ransomware family, which is often attributed to the Lazarus Group.

by | December 29, 2018 | 07:14

Police are also urging residents to only call 911 in case of an emergency, and to not call 911 to test if it's working. At 9:20 a.m., the Collin County sheriff's department posted on its Facebook the 911 system was still down in the area.

by | December 29, 2018 | 07:10

The S&P 500 retailing index .SPXRT jumped 7.4 percent, while shares of online retailer Amazon AMZN .O , which touted a "record-breaking" season, climbed 9.4 percent. Brent crude, used to price worldwide oils, gained $1 to $53.73 per barrel in London. Health care and technology companies , banks and industrial stocks accounted for much of the broad gains.

by | December 29, 2018 | 04:00

Mr Trump's comments came after Asian markets suffered a holiday rout on fears about the U.S. economy and an ongoing government shutdown in Washington that began last Saturday. We have companies, the greatest in the world , and they're doing really well. The attempt at reassurance from a chief economic adviser to Trump came as Wall Street sought to pick up following its worst Christmas Eve performance on record and the partial government shutdown went through its fifth day.

by | December 29, 2018 | 03:10

Representatives for Sears, based in Hoffman Estates, and for Bank of America declined to comment. Kmart's parent company announced it will close the Grand Forks store in March. The accompanying Sears Auto Center at these Sears stores will also be closing. He said his plan would retain the jobs of 50,000 of the 68,000 workers employed by Sears at the time of the bankruptcy filing.

by | December 28, 2018 | 13:47

Meanwhile, the power cut hit New York's LaGuardia Airport, which warned travellers to be prepared for delays. The glow could be seen from Manhattan shortly after 9 p.m. The public is being advised to avoid the vicinity of the power plant on 20th Ave and 31st Street. 'Unclear what the cause is. everything (exiting, boarding, security, etc.) is frozen until they figure it out.

by | December 27, 2018 | 08:41

Tesla at the time said it was "retaining a critical piece of the tax to help make vehicles progressively reasonable for clients in China". "From Ireland to Kiev, from Norway to Turkey", he concluded. Notably, Model 3 deliveries accounted for approximately 80% of all Tesla deliveries for the quarter. Over the course of the year, Tesla passed through challenge after challenge as it ramped the production of the electric sedan.

by | December 27, 2018 | 06:38

U.S. West Texas Intermediate (WTI) crude futures CLc1, were up 29 cents, or 0.68 percent, at $42.82 per barrel, at 0355 GMT, having at one point risen as high as 2 percent from the last close. "The main input over the weekend has been the continued intervention by OPEC members", said Olivier Jakob, managing director at Petromatrix. Anxious that another overabundance could frame, OPEC and its partners including Russian Federation chose not long ago to come back to an approach of cutting ...

by | December 26, 2018 | 22:58

The numbers were 2,8,42,43,50 and the Mega Ball was 6. Six numbered balls were selected at random, including the "Mega ball". The immediate cash value of the prize, which winners can opt to take, is $193.7 million, Mega Millions said. Draw game winners have 180 days after the date of the drawing to claim their fabulous prize. "Please keep it in a safe place until you're ready to present your winning ticket at one of our Lottery offices".

by | December 26, 2018 | 22:55

Treasury Secretary Steven Mnuchin on Monday hosted a call with the president's Working Group on Financial Markets, a body known colloquially as the "Plunge Protection team", which normally convenes only during times of heavy market volatility.

by | December 26, 2018 | 22:55

Beer Stores will close at 6 p.m. on Christmas Eve , and will also be closed on Christmas Day . Arenas close at 2 p.m. on Christmas Eve and New Year's Eve and will be closed Christmas Day and New Year's Day . It will be closed on Christmas Day . If you need to return any electronics or pick up some missing pieces of a sweet set up, Best Buy will be open from 9 a.m.to 9 p.m.

by | December 22, 2018 | 02:19

And when we say: "'As a result of your violation, we do not have to comply with this treaty, ' they say: "'Well, you are violating the treaty!' Typical Kremlin tactics", the diplomat said. "OK, we know how to ensure our security", he said. Putin, who said Russia's own relations with Britain were deadlocked but that Moscow was interested in improving them, characterized Brexit as an example where Western democracy was starting to show cracks.

by | December 21, 2018 | 17:01

The S&P 500 index skidded 39.54 points, or 1.6 per cent, to 2,467.42. After steady gains through the spring and summer, stocks have fallen sharply in the fall as investors worry that global economic growth is cooling off. The Federal Open Market Committee raised its main rate by 25-bps to a range of 2.25-2.50%, as was widely expected (72% probability according to Fed funds futures), but made a number of tweaks to its GDP and inflation forecasts, and thus, to its glide path of ...

by | December 21, 2018 | 16:42

The scandal has also raised concerns over the financial health of the Japanese automaker and the future of its alliance with Renault SA of France. His lengthy detention - in Japan, suspects can be "re-arrested" several times over different allegations - has sparked criticism , especially from overseas.

by | December 21, 2018 | 15:17

Kolfage says his grandparents immigrated to the United States legally, adding, 'they did it the correct way and it's time we uphold our laws and get this wall BUILT!' According to information on the GoFundMe page , Kolfage feels "deeply invested to this nation to ensure future generations have everything we have today".

by | December 20, 2018 | 10:26

The airport warned the disruption was expected to continue into Thursday and advised everyone flying or collecting someone from Gatwick to check the status of their flight . He added that passengers had been given the choice between a bus from Stansted to Gatwick, or flying back to Gatwick when the airport reopened. It is thought more than 50 flights were affected.

by | December 20, 2018 | 09:24

Following the news that Facebook has been embroiled in yet another privacy scandal , the company has released a blog post entitled 'Let's Clear Up a Few Things About Facebook's Partners' . He said that the partnerships were "one area of focus" and that Facebook was in the process of winding many of them down. The company has been operating under a consent decree from the Federal Trade Commission since 2011 that requires it to beef up its privacy policies, place limits on the retention ...

by | December 18, 2018 | 05:54

The red leaf lettuce was sold to a wholesaler in Minnesota and Tijuana, Mexico The cauliflower was sold to wholesalers in Arizona, California , Illinois, Louisiana, Maryland, North Carolina, New Jersey, New York, Ohio, Pennsylvania, Tijuana, Mexico, and Canada.

by | December 14, 2018 | 06:27

All that's left now is for President Donald Trump to sign it. The American Dairy Coalition called Peterson, along with Sen. Peterson chairs the Senate Agriculture Committee, on which Stabenow is the ranking member, and Conaway chairs the House committee.

by | December 14, 2018 | 05:54

But with the RBI departments and deputy governors strongly defending the existing stance of the central bank vis-a vis liquidity and the need for PCA norms, Das' move towards a reprieve for banks and NBFCs will be keenly watched. The bank said it had finalised its recommendation for the role of a non-executive part-time chairman, which has been vacant since Ashok Chawla resigned in November, and that it would "promptly" seek approval from the RBI.

by | December 11, 2018 | 00:54

Mr Musk agreed to a settlement that would allow Tesla oversight of his posts on Twitter , specifically of messages that could lead to share price moves. There's no option.Musk on the charges of abusive conditions at Tesla factories:Well, it's important to emphasize that there's been an aggressive campaign by the UAW to absolutely attack Tesla with a load of nonsense in-in order to try to unionize the company.

by | December 11, 2018 | 00:21

US drillers this week cut oil rigs by the most in over two years, after adding rigs in recent weeks. It went down to the wire. Against this backdrop, OPEC faced a particularly thorny challenge: Cutting too much and supporting prices at too high a level would risk curbing demand and supporting USA production expansion; and reverting to a market share war would risk another price collapse, with the attendant collateral damage to producing economies.

by | December 07, 2018 | 08:15

A Chinese foreign ministry spokesperson has demanded the US and Canada justify the arrest, and referred to Wanzhou's detention as a human rights violation, a charge often leveled at Beijing. She is facing extradition to the United States on USA suspicions that Huawei violated sanctions against Iran by providing that country with telecommunications equipment.

by | December 06, 2018 | 05:56

Meng Wanzhou". The woman was apprehended on Saturday and is awaiting the bail hearing scheduled for Friday, Canada's Department of Justice spokesman Ian McLeod told The Globe and Mail . In 2016, the Commerce Department sought information in regards to Huawei possibly sending USA technology to Syria and North Korea as well. The Wall Street Journal reported the USA government was trying to persuade companies in allied countries to avoid Huawei.

by | December 04, 2018 | 00:38

There are several significant take-aways from this development, including the argument that Trump's hard line, even at times belligerent stance with Beijing, has caused them to blink first, particularly since economic growth in China has already started to feel the brunt of USA tariffs, while US economic growth, though not as robust as a few months ago, is still strong.

by | December 04, 2018 | 00:16

Also adding the bid tone are expectations that the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC member Russian Federation would announce supply cuts this week to rein in supply overhang. "I would like to reaffirm Qatar's pride in its worldwide standing at the forefront of the natural gas producers, and the biggest LNG producer in the world, as the cleanest fossil fuel known to mankind", he said.

by | December 04, 2018 | 00:13

Bush spokesman Jim McGrath tweeted a photo of the presidential plane on a tarmac Sunday afternoon. The former president's body will arrive in Washington, D.C., today to lie in state in the U.S. Sully had been trained by America's VetDogs , a nonprofit that provides service dogs. W.'s son, former President George W. Bush , and shared by others on social media, has garnered thousands of likes and condoling messages.

by | December 01, 2018 | 12:57

The reason for this was a formulation that the current key interest rate was just below the broad range of estimates for the neutral interest rate. "A couple of participants noted that the federal funds rate might now be near its neutral level and that further increases in the federal funds rate could unduly slow the expansion of economic activity and put downward pressure on inflation and inflation expectations", said the minutes .

by | December 01, 2018 | 06:26

The tool, known as OpecWatch, uses West Texas Intermediate crude oil options markets to calculate the probabilities of certain outcomes of OPEC meetings. Wise stated that that would depend on the severity of cuts adopted by OPEC and its allies. International Brent crude oil futures were at $59.68 per barrel at 0742 GMT, up 17 cents, or 0.3 percent, from their last close.

by | November 28, 2018 | 04:56

US President Donald Trump has told the Wall Street Journal that the US may proceed with new tariffs on consumer tech made in China , including the iPhone. On the macro front, a report from the U.S. Conference Board at 10:00 a.m. ET is expected to show that its consumer confidence index slipped to 135.9 in November from a reading of 137.9 in the prior month.

by | November 28, 2018 | 02:42

This time around, wrenching change in buyer behaviour could cost GM auto plants in Michigan, Ohio and Ontario their future. Baier noted that GM's stock "took a tumble" after Trump's tweet , falling by more than 3 percent as of 3:00pm ET Tuesday.