Money

'We won't be war profiteers': Microsoft workers protest $480m army contract

'We won't be war profiteers': Microsoft workers protest $480m army contract To address their concerns, the employees call on Microsoft to cancel the contract , cease developing "any and all weapons technologies", draft a public-facing policy on the commitment, and appoint an independent ethics review board to assess the company's compliance with such a policy. [Full Article...]

Showdown looms as Venezuela opposition to confront border troops over aid

Showdown looms as Venezuela opposition to confront border troops over aid Guaido, recognized by most Western nations as Venezuela's legitimate head of state, defied court orders not to leave the country when he traveled on Friday to Cucuta, where aid from the US and Colombian governments is stockpiled in warehouses. [Full Article...]

China's Dalian port bans Australian coal imports, sets 2019 quota

China's Dalian port bans Australian coal imports, sets 2019 quota The indefinite ban comes as major ports in other parts of China have begun to prolong clearing times to Australian coal to at least 40 days. He said the relationship with China was in good shape. "It has crystallised the fear that something is going on, that China is targeting Australian coal", he said. "The US-China trade negotiation deadline could be extended and that may mean Europe and Japan... [Full Article...]

Oil eases from 2019 highs ahead of United States inventory data

Oil eases from 2019 highs ahead of United States inventory data Both benchmarks recorded their highest levels since November 16. Refinery crude runs fell by 57,000 barrels per day, EIA data showed. (GRAPHIC: U.S. Talks between the United States and China to resolve a trade dispute which has dented global growth may be progressing, helping to lift crude prices. [Full Article...]

Trump Wants Nonexistent 6G Internet "As Soon As Possible"

Trump Wants Nonexistent 6G Internet The latest round of US-Chinese trade talks in Washington were originally scheduled to wrap up on Friday, but went so well that the Chinese trade delegation has extended its trip, said Mr Trump and Treasury Secretary Steven Mnuchin. "Now we are rolling out 5G and soon we'll welcome 6G", Zhengfei told CBS This Morning . "The Chinese have resisted significant concessions and it's not clear w... [Full Article...]

Government relaxes norms, changes startup definition, makes investment easier

Government relaxes norms, changes startup definition, makes investment easier Expanding the definition of startups will also help these firms plough back money into their venture, expand and grow, and, hopefully, create more jobs. So honestly what is happening is Section 56 impact to startups, which we have been fighting for the last six years, which was actually promulgated in the last previous government's budget, has been diluted dramatically in favour and made it a mo... [Full Article...]

Consumer Report drops Tesla Model 3 recommendation due to reliability issues

Consumer Report drops Tesla Model 3 recommendation due to reliability issues The vessel is reportedly loaded with more than 1,800 Teslas , over 1,600 of which are Model 3. One specific issue described by Consumer Reports claims the touchscreen interface would act as if it was being touched at multiple points all at once, causing a storm of random functions to activate and deactivate. [Full Article...]

Fortnite pauses YouTube ads in response to pedophile network

Fortnite pauses YouTube ads in response to pedophile network YouTube is facing yet another big advertiser backlash, with Disney , Epic Games and McDonald's among the marketers said to have pulled their ad spending after the Google-owned video platform was accused of facilitating what a critic described as a "soft-core pedophilia ring". [Full Article...]

Dublin Airport temporarily suspends all flights due to 'drone sighting'

Dublin Airport temporarily suspends all flights due to 'drone sighting' Fifteen minutes later, it tweeted that flights had resumed "following an earlier drone sighting". On Thursday morning, Dublin Airport announced that all flights would be suspended for safety reasons due to the confirmed sighting of a drone over the airfield. [Full Article...]

Southwest blames recent cancellations on weather, mechanical issues

Southwest blames recent cancellations on weather, mechanical issues Still, delays and cancellations from grounded planes have persisted. Southwest Airlines is expecting an "all hands on deck" approach to resolving the issue but has recently made claims that the maintenance issues could be traced back to the actual mechanics disrupting their service. [Full Article...]

Honda Has Confirmed It Will Close Its Swindon Factory in 2021

Honda Has Confirmed It Will Close Its Swindon Factory in 2021 The Honda Civic hatchback plant employs about 3,500 people plus another 3,500 from subsidiaries and supply chain partners who rely on the plant, which the automaker said will close in 2021. Of Honda's global vehicle output of 5.03 million units, sales in Europe for the previous fiscal year through March 2018 stood at 183,000 units, down 1,000 from the year before. [Full Article...]

Explainer: How Anil Ambani’s RCom Will Pay Ericsson in Four Weeks

Explainer: How Anil Ambani’s RCom Will Pay Ericsson in Four Weeks Court added that if the said amount is not deposited within a month then it will award a 1-month jail to them. The court said Anil Ambani , the promoter of ADAG companies, wilfully did not pay Rs 550 crore to Ericsson and had a cavalier approach. [Full Article...]

Euromillions Winner Urged To Stay Calm After Massive Win

Euromillions Winner Urged To Stay Calm After Massive Win The country is abuzz with the news that one lucky individual is now a whopping €175,475,380 richer following Tuesday night's EuroMillions draw . Armagh, won the jackpot in a lucky dip - making them the fourth biggest winners in United Kingdom lotto history. [Full Article...]

New York's Amazon debacle is a lesson for Sydney and others

New York's Amazon debacle is a lesson for Sydney and others On Sunday, de Blasio, a Democrat, said NY offered Amazon a "fair deal", and blamed the company for making what he called an "arbitrary" decision to leave after some people objected. "Especially after the company admitted that such enticements were a secondary factor in its decision making?" she argued. Chicago offered to redirect 50 to 100 percent of Amazon employees' income taxes back to Am... [Full Article...]

EU's Juncker, Britain's May to meet on Brexit on Wednesday

EU's Juncker, Britain's May to meet on Brexit on Wednesday The statement said: "While the Commission engaged seriously with these proposals, it expressed concerns about their viability to resolve the backstop". "We agreed to keep exploring the use of alternative arrangements - especially how they might be developed to ensure the absence of a hard border in Northern Ireland on a permanent footing, avoiding the need for the backstop to ever enter force". [Full Article...]

Baby born on JetBlue flight to Florida inspires name change for plane

Baby born on JetBlue flight to Florida inspires name change for plane JetBlue officials confirmed a baby boy was born during the flight , which was headed to Fort Lauderdale-Hollywood International Airport from San Juan, Puerto Rico , Saturday morning. Gonzalez apparently stood up from her seat to transfer to another that was not hers. Gonzalez stands up at:58, saying "making this viral" and asking repeatedly "what did I do?" "I'll get off the plane", said acco... [Full Article...]

Why Are Apple and Google Offering a Saudi App That Tracks Women?

Why Are Apple and Google Offering a Saudi App That Tracks Women? It is mandatory for women in Saudi Arabia to have a legal "guardian", regardless of their age. Apple and Google both need to act fast to remove either the objectionable tracking feature that helps reinforce racial bias or else take the app off their respective stores. [Full Article...]

Brent oil eases from 2019 highs as markets await trade talks outcome

Brent oil eases from 2019 highs as markets await trade talks outcome While flows to the US came to a halt, India became the No. 1 buyer of Venezuelan crude in the first half of February, with imports jumping 66 percent to 620,000 barrels a day. Trade concerns appear to have re-emerged today following the likelihood of 25% tariffs on US imports of European Union cars, as per latest news , all ahead of the start of another round of US-China trade talks in Washington... [Full Article...]

Payless to close all US stores

Payless to close all US stores Locations outside the United States will not be affected by the closures. The chain employs more than 18,000 globally and operates about 3,600 outlets worldwide, according to its website, with more than 2,700 in North America. Two years ago, the Kansas-based chain initially filed for Chapter 11 bankruptcy protection. But that wasn't enough to keep it afloat in an time of continuing challenges ... [Full Article...]

Thousands to lose jobs as Honda shuts down only British factory

Thousands to lose jobs as Honda shuts down only British factory Justin Tomlinson, a Conservative lawmaker for Swindon who voted for Brexit in 2016, said he had met with the business minister and representatives from Honda who had confirmed the plans. Its bosses admitted the move was party down to Brexit, saying that "uncertainty around the UK's future relationship with the European Union is not helping companies like ours to plan for the future". [Full Article...]


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