China Prepared for Long Trade War With U.S., State Media Says

Beijing has announced plans to slap import taxes targeting 5,207 American products worth $ 60 billion in retaliation to trade tariffs on Chinese goods imposed by the US. Trump on Saturday claimed his administration's enormous tariffs on other na... More..

by | Published 8 days ago
Happy Birthday Barack Obama: Illinois celebrates annual holiday
by | Wednesday, August 08, 2018

Happy Birthday Barack Obama: Illinois celebrates annual holiday

Even though Obama Day is a state holiday in IL, a spokesperson for Obama confirmed that he would not be celebrating his birthday in the state. He served in the IL state Senate from 1997 to 2005 before joining...More..

Cleaning crew finds fetus in toilet aboard American Airlines plane
by | Wednesday, August 08, 2018

Cleaning crew finds fetus in toilet aboard American Airlines plane

That activity caused some brief delays pushing back other aircraft. A cleaner made the grim discovery after discovering a large amount of toilet paper had been pulled out and covered the inside of one of the ...More..

Musk says going private would free Tesla
by | Wednesday, August 08, 2018

Musk says going private would free Tesla

Musk claimed on his personal Twitter account to have secured funding for the maneuver, estimating the per-share valuation of the possible transition at $420. The company said it expects to be profitable during ...More..

Ontario Premier Doug Ford announces 'Buck-a-Beer' plan
by | Wednesday, August 08, 2018

Ontario Premier Doug Ford announces 'Buck-a-Beer' plan

News of buck a beer's return was met with concern from safety groups and criticism from the opposition parties. Beers being sold for $1 will still be subject to a 5-cent deposit and tax. When asked whether pa...More..

Elon Musk announces he's considering taking Tesla private
by | Wednesday, August 08, 2018

Elon Musk announces he's considering taking Tesla private

The BBC has been unable to verify the post was written by Mr Musk himself, but it has pushed the shares 6% higher. "There's a lot of noise that surrounds a public company and people are constantly commentin...More..

Facebook Asks Banks to Share Customer Information
by | Tuesday, August 07, 2018

Facebook Asks Banks to Share Customer Information

The social media titan has reportedly put forward a proposed feature that would allow users to see their own checking-account balances through the platform, as well as fraud alerts that could be delivered thr...More..

PepsiCo CEO Nooyi to step down, Ramon Laguarta to succeed
by | Tuesday, August 07, 2018

PepsiCo CEO Nooyi to step down, Ramon Laguarta to succeed

Awards and achievement: Indra Nooyi has consistently ranked on " Forbes " magazine's list of The World's 100 Most Powerful Women. Within the food industry, Nooyi is the latest female chief executive to s...More..

NASCAR CEO arrested for DUI, oxycodone possession
by | Tuesday, August 07, 2018

NASCAR CEO arrested for DUI, oxycodone possession

There, officers conducted a field sobriety test, which France failed. Police said officers saw indications of intoxication and found pills during a subsequent search. His grandfather, Bill France Jr ., founded...More..

Trump administration within hours of reimposing Iran sanctions
by | Tuesday, August 07, 2018

Trump administration within hours of reimposing Iran sanctions

He said behaving like a normal country was "the ask". "I do not have any precondition if the US administration is prepared today", Rouhani said on Monday. The official says the U.S. will use the sanctions agg...More..

Spontaneous office pool wins $543 million lottery jackpot
by | Monday, August 06, 2018

Spontaneous office pool wins $543 million lottery jackpot

California Lottery official Mike Neis, right, watched as Amol Sachdev hung a sign, July 25, over his family's store Ernie's Liquors where a Mega Millions lottery ticket worth more than $500 million was sold in ...More..

IAG threat to sell Norwegian shares
by | Monday, August 06, 2018

IAG threat to sell Norwegian shares

Aer Lingus made a profit of €104 million in the first six months of the year - nearly double the amount earned in the same period of 2017. The airline group, which owns Aer Lingus, Vueling and Iberia, said st...More..

5 killed in plane crash in California parking lot
by | Monday, August 06, 2018

5 killed in plane crash in California parking lot

Photos from the scene showed the plane upright but on its belly. The parking lot is shared by Staples, a CVS drug store, a Michaels' decorations store, and a Wells Fargo Bank branch. The FAA launched an investi...More..

Britain’s RBS announces first dividend in a decade
by | Monday, August 06, 2018

Britain’s RBS announces first dividend in a decade

The bank said it envisaged share buybacks and ramping up the dividend to a 40% payout ratio, subject. It was hit by £801m in litigation and conduct costs over the period, helping to cover the $4.9 billion (...More..

Pres. Trump Hosts MAGA Rally In Ohio
by | Monday, August 06, 2018

Pres. Trump Hosts MAGA Rally In Ohio

As the Inquisitr reported yesterday, during a rally in Ohio, Trump boasted about his ability to "destroy" careers of Republicans who oppose him, giving credence to the sentiment that the Republican party has ...More..

State media says China's response to latest US tariffs restrained, rational
by | Monday, August 06, 2018

State media says China's response to latest US tariffs restrained, rational

In early July, the USA imposed 25 per cent tariffs on US$34 billion of Chinese goods, with another US$16 billion to be targeted in coming weeks, sparking retaliatory measures from China. "China to take necessar...More..

Oil Falls 2% On Rising Supply, Concern About Trade Tensions
by | Monday, August 06, 2018

Oil Falls 2% On Rising Supply, Concern About Trade Tensions

The increase in American oil shipments follows the world's fifth-largest oil importer halting Iran crude loadings from July, ahead of US sanctions, while its refiners are also seeking cheaper alternatives to Ir...More..

Trump's tax cuts will widen the trade deficit and hurt GDP
by | Monday, August 06, 2018

Trump's tax cuts will widen the trade deficit and hurt GDP

Canada's economy showed some surprising resilience in the face of newly minted US tariffs on Canadian steel and aluminum industries with strong export growth in most other sectors softening the blow of those ne...More..

What the interest rates increase means for you
by | Sunday, August 05, 2018

What the interest rates increase means for you

A rise in these interest rates, generally pushes banks to hike their loans and deposit rates, though not always as cost of borrowing from the RBI increases. If you have a variable-rate mortgage on a property,...More..

Tim Cook Thanks Employees in Memo After Apple’s Enormous $1 Trillion Valuation
by | Sunday, August 05, 2018

Tim Cook Thanks Employees in Memo After Apple’s Enormous $1 Trillion Valuation

The Cupertino, California-based company earned $2.34 per diluted share in its fiscal third quarter, up 40 percent from the same period in 2017. Jobs, who founded Apple in a Silicon Valley garage in 1976 wit...More..

Huawei may become world’s biggest smartphone vendor by next year
by | Sunday, August 05, 2018

Huawei may become world’s biggest smartphone vendor by next year

Worldwide tablet sales saw a significant decline in the second quarter of 2018, though Apple and Huawei managed to buck the trend and grow their shipments on a year-over-year basis. Huawei's tablet succe...More..

Iran receives new airplanes, a day before U.S. starts reimposing sanctions
by | Sunday, August 05, 2018

Iran receives new airplanes, a day before U.S. starts reimposing sanctions

The arrival of the ATR72-600 airplanes at Tehran's Mehrabad International Airport represented perhaps the last benefits Iran will see under the nuclear deal after President Donald Trump withdrew from it i...More..

Foodora Australia confirms it is shutting down
by | Sunday, August 05, 2018

Foodora Australia confirms it is shutting down

In the other case, the Fair Work Ombudsman is suing Foodora for alleged underpaying and sham contracting. Foodora Australia country manager Jeroen Willems said that "we wish to express our gratitude...More..

UFC 229: Nate Diaz blasts Conor McGregor fight announcement
by | Sunday, August 05, 2018

UFC 229: Nate Diaz blasts Conor McGregor fight announcement

McGregor won the lightweight strap after winning the featherweight title, but was ultimately stripped of both belts due to prolonged inactivity and failing to defend either belt. McGregor has posted several pho...More..

McDonald's salads sicken almost 400
by | Sunday, August 05, 2018

McDonald's salads sicken almost 400

So far, 16 of these cases have been severe to the point of hospitalization. In the alert, the USDA said the issue was discovered when Indianapolis-based food distributor Caito Foods "received notification fro...More..

Oil prices mixed; Brent eases as trade tensions weigh
by | Saturday, August 04, 2018

Oil prices mixed; Brent eases as trade tensions weigh

Iran has renewed threats to block the Strait of Hormuz since the United States announced its plan to reinstate sanctions and cut shipments from Opec's third-largest producer to zero from about 2.5 million ba...More..

Turkish lira skids past 5 to dollar on US sanctions move
by | Saturday, August 04, 2018

Turkish lira skids past 5 to dollar on US sanctions move

The meeting came on the sidelines of the Association of Southeast Asian Nations (ASEAN) foreign ministers' meeting. The Turkish foreign ministry called on the United States to reverse its "wrong decision" on ...More..

Trump Could Raise Tariffs Further On Chinese Goods
by | Saturday, August 04, 2018

Trump Could Raise Tariffs Further On Chinese Goods

In response to the earlier reports of the move, Chinese Foreign Ministry spokesman Geng Shuang decried the tactics as "extortion". Businesses in the U.S. Administration officials told reporters in a phone b...More..

Mnuchin insists agriculture was part of US-EU trade talks
by | Saturday, August 04, 2018

Mnuchin insists agriculture was part of US-EU trade talks

President Trump announced last week that the E-U had agreed to buy more soybeans from American farmers, who have seen prices decline sharply since China imposed retaliatory tariffs. The American investigati...More..

Molson launches joint venture with Gatineau's Hydropothecary to develop cannabis beverages
by | Saturday, August 04, 2018

Molson launches joint venture with Gatineau's Hydropothecary to develop cannabis beverages

The deal will be finalized by the end of September and is subject to the final approval of the Toronto Stock Exchange. Molson has partnered with The Hydropothecary Corporation ( HEXO) to create a marijuana...More..