Money

Amazon To New York: Drop Dead; Tech Giant Abandons Headquarters Plan

Amazon To New York: Drop Dead; Tech Giant Abandons Headquarters Plan Among the most vocal critics was newly elected U.S. Rep. Alexandria Ocasio-Cortez, whose district is near the neighborhood in Long Island City where Amazon was planning to expand. "We will continue to hire and grow across our 17 corporate offices and tech hubs in the USA and Canada". Deborah Axt, co-executive director of anti-poverty group Make the Road New York , called Amazon's withdraw... [Full Article...]

Amazon Acquires Mesh Routing Company Eero, Which Has Privacy Hawks Worried

Amazon Acquires Mesh Routing Company Eero, Which Has Privacy Hawks Worried The Eero acquisition also points to Amazon's work to keep building its Wi-Fi Simple Setup feature, which is meant to make setting up new smart-home devices easier. Weaver added that joining Amazon will expand Eero's global reach through working with Amazon teams already focused on smart home tech. Eero might not be a household name, but it is one of the companies credited with sparking the ris... [Full Article...]

Tesla pushes Sentry Mode, Dog Mode updates to its EVs

Tesla pushes Sentry Mode, Dog Mode updates to its EVs In the style that we know and love, Musk responded to the tweet with a simple yes. Last week, Tesla lowered the price of its Model 3 sedan for the second time this year to make its cars more affordable for USA buyers. Tesla owners can feel less bad about leaving their pooch in their vehicle. Tesla has also rolled out a new security feature called "sentry mode". [Full Article...]

Airbus A380 aircraft deliveries to end in 2021

Airbus A380 aircraft deliveries to end in 2021 Airbus also posted its earnings for 2018 on Thursday, reporting a rise of 29 per cent in net profit to €3 billion (US$3.4 billion). The decision is a boon for rival Boeing and a blow for Airbus. Interestingly, Airbus shelved its initial offer of an A380 freighter a few years after entering full production of the passenger version. The plane made its first commercial flight in 2007. [Full Article...]

US, China envoys hold last talks before March 1 deadline

US, China envoys hold last talks before March 1 deadline China accused the USA of "tricks" as two American warships sailed through waters claimed by Beijing on the eve of high-level trade talks . U.S. Department of Agriculture Deputy Secretary Stephen Censky said on Wednesday the two presidents were expected to meet "sometime in March", but no dates were set. [Full Article...]

Lufthansa sues passenger who missed his flight

Lufthansa sues passenger who missed his flight The legal hounds at an airline's headquarters might argue that hidden city ticketing violates their "contract of carriage", but some travel industry observers disagree. The pricing strategies for "network carriers" such as Lufthansa , Air France and British Airways is underpinned by charging less for the more flights passengers take in one booking. [Full Article...]

Consumer Inflation At 2.05% In January, Lowest Since June 2017

Mike Hardie, head of inflation at the ONS, said: 'The fall in inflation is due mainly to cheaper gas, electricity and petrol, partly offset by rising ferry ticket prices and air fares falling more slowly than this time past year. Brexit pandemonium in parliament and uncertainty over the shape of the UK's future relationship with the European Union is the only thing keeping the Bank of England fr... [Full Article...]

Global oil supply falls in January '19: OPEC

Global oil supply falls in January '19: OPEC Oil Storage Tanks at Cushing, OKThe global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC, even with the group's production cuts and US sanctions on Venezuela and Iran, the International Energy Agency said in a report on Wednesday. [Full Article...]

United Kingdom to get Model 3 configurator within 2 months, Australia to follow

United Kingdom to get Model 3 configurator within 2 months, Australia to follow Tesla Inc. investors see a heavy lift as they expand to Europe and China . The two former delivery workers said the 2018 sales push has left Tesla's reservations list plucked clean of North American buyers willing to pay current prices of over $40,000 to get their hands on a Model 3. [Full Article...]

Million Dollar Lottery Winner Shows Up In 'Scream' Mask To Hide Identity

Million Dollar Lottery Winner Shows Up In 'Scream' Mask To Hide Identity The victor, identified only as "A. Campbell " by lottery commission Supreme Ventures, showed up wearing the onscreen murderer's mask, a long grey shirt, and gloves, in a bid to remain anonymous. The victor, known only as "A Campbell ", won the Caribbean island nation's Super Lotto in November, after paying just $2 for a ticket. "I found out (I won) the same night. [Full Article...]

Asian stocks lifted by U.S.-China trade talk hopes

Asian stocks lifted by U.S.-China trade talk hopes While it remains hard to tell how close the two countries are towards achieving an agreement, President Donald Trump does appear eager to see a deal being reached enthusing the markets. concerns, according to media reports. Trump told reporters in January that he planned to meet Xi in late February, though he backtracked on that last week and said a gathering wouldn't take place this month. [Full Article...]

Activision Blizzard Reportedly Cutting Hundreds of Jobs This Week

Activision Blizzard Reportedly Cutting Hundreds of Jobs This Week Cleararc holds 19,697 shs or 0.21% of its capital. Over the past 12 fiscal quarters, Activision Blizzard, Inc . (NASDAQ: ATVI ). Montrusco Bolton Investments holds 0.88% or 172,076 shs. It's an average volume stands with 11916.39K shares. It has underperformed by 22.23% the S&P500. The publisher, parent company of Activision, Blizzard , King, and Major League Gaming, are reportedly facing mass... [Full Article...]

Jody Wilson-Raybould resigns from Trudeau cabinet amid SNC-Lavalin scandal

Jody Wilson-Raybould resigns from Trudeau cabinet amid SNC-Lavalin scandal Wilson-Raybould also said she will continue serving as the member of parliament for Vancouver-Granville. Trudeau has repeatedly denied the allegations, but Wilson-Raybould has been unable to confirm or deny them due to what she says is solicitor-client privilege. [Full Article...]

United Kingdom and Switzerland sign trade continuity agreement

United Kingdom and Switzerland sign trade continuity agreement British Secretary of State for International Trade Liam Fox, Swiss Federal Councillor Guy Parmelin and Liechtenstein's Foreign Minister Aurelia Frick shake hands after signing a trade agreement in Bern, Switzerland. If London and Brussels manage to reach a deal for an orderly Brexit, the bilateral agreements between Switzerland and the European Union will continue to apply to Britain until the e... [Full Article...]

National Pizza Day 2019 Deals: Pizza Hut, Domino’s and Other Offers

National Pizza Day 2019 Deals: Pizza Hut, Domino’s and Other Offers Did you know that if Americans could only eat one food for the rest of their lives it would be pizza? For every pizza order at a participating location, you will receive a coupon for a free cheese or one-topping personal pizza that can be used for future dine-in visits until the end of February. [Full Article...]

India's central bank surprises with rate cut

India's central bank surprises with rate cut The bank's Quarterly Inflation report , released on Thursday, warned that Brexit was having a clear negative impact on the United Kingdom economy, saying that since the last Inflation Report, in November: "The further intensification of Brexit uncertainties, coupled with the slowing global economy, had weighed on the near-term outlook for United Kingdom growth". [Full Article...]

Germany says 'nein' to Facebook's heavy-handed data collection in landmark ruling

Germany says 'nein' to Facebook's heavy-handed data collection in landmark ruling The Federal Cartel Office , or Bundeskartellamt said the firm was exploiting its position as a dominant social media company in violation of European regulations. "It is now time for regulators to recognise personal data is necessary to innovation in the digital economy, and act accordingly". Germany's justice minister said Facebook's move is "an attempt to create a monopoly" that poses a... [Full Article...]

Jaguar stutters to £3.4bn loss after demand stalls

Jaguar stutters to £3.4bn loss after demand stalls Tata Motors' overseas woes have finally come home to roost, and how! Sales rose by a fifth year on year in the quarter in the U.S. and by 18% in the UK. FILE PHOTO: The 2017 Land Rover Discovery is pictured at the 2016 Los Angeles Auto Show in Los Angeles, California, U.S November 16, 2016. "They are reinforcing that they are serious about achieving a turnaround, saving costs and taking measures ... [Full Article...]

Twitter reveals its daily active user numbers for the first time

Twitter reveals its daily active user numbers for the first time The number of average monetizable daily active users rose to 126 million in the fourth quarter from 115 million a year ago and 124 million in the previous quarter. With Twitter's total ad engagements surging 50% and cost per engagement sinking 14% throughout Q3, the platform is seeming ever more attractive to advertisers looking for high return on spend. [Full Article...]

UK's Huawei fears may take five years to address

UK's Huawei fears may take five years to address Huawei continues to deny allegations, believing its track record across 170 countries supersedes the lack of evidence. "Enhancing our software engineering capabilities is like replacing components on a high-speed train in motion", CEO of the Huawei carrier business group Ryan Ding told the UK Parliament's Science and Technology Select Committee in a letter last week, according to Reuters . [Full Article...]


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