Finance

by | August 08, 2018 | 20:28

The PC government's "buck-a-beer challenge" is really a challenge to see brewers produce beer more cheaply today than they did a decade ago, despite the higher associated costs. "The margins keep getting tighter and tighter and you want to invest in your company, to grow and create more jobs". The province used to allow beer to be sold for $1, but the Liberal government increased the minimum price in 2008, citing a mandate of "social responsibility".

by | August 08, 2018 | 13:00

A commentary in the official Xinhua news agency said: "The United States has repeatedly resorted to threatening and deceitful routines, trying to force China to compromise, both overestimating its own bargaining power and underestimating China's determination and ability to defend its national dignity and the interests of its people".

by | August 08, 2018 | 08:28

Tesla shares were halted from trading at $367.25 Dollars per share shortly after 2:00 pm for more than an hour after Musk's tweets . The announcement, made initially via Twitter , stunned investors and sent Tesla's stock price soaring as much as 13 percent .

by | August 07, 2018 | 22:13

Elon Musk sent shares of Tesla into a frenzy on Tuesday, when the billionaire inventor wrote in an unconfirmed tweet that he's considering taking the auto company private, and has already secured the funding - language he should be sure to follow through on, according to Scott Galloway.

by | August 07, 2018 | 21:52

A dead fetus was found on a plane from Charlotte Tuesday morning. The fetus was believed to be five or six months along. The plane, an Airbus A321, was being held at Terminal B while the medical examiner's office was called to the scene, according to WABC .

by | August 07, 2018 | 15:59

In effect, these deals would give Messenger the ability to alert customers to fraudulent activity on their accounts or allow them to check their balances. In brief: Facebook doesn't exactly have the best track record when it comes to data privacy , but the company isn't letting its troubled past deter it from pursuing new data sharing partnerships.

by | August 06, 2018 | 18:40

Nooyi's last day as CEO will be October 3, according to the company. "Laguarta equally represents continuity and the necessary agility for PepsiCo", said Daniel Vasella, chairman of the board's Nominating and Corporate Governance Committee.

by | August 06, 2018 | 11:44

Mixed martial arts has been without its biggest star for almost two years. McGregor , though, never defended the strap as he courted a boxing showdown with Floyd Mayweather, leaving a vacuum in the division. There's also a compelling November 3 co-main event bout at Madison Square Garden between McGregor's heated lightweight rival Nate Diaz and gritty Dustin Poirier , who has claimed three fight-of-the-night and one performance-of-the-night bonuses in his last four bouts.

by | August 06, 2018 | 06:30

They include liquefied natural gas or LNG, metals and agriculture products, like flour and smoked beef. By contrast, the Chinese phone maker Huawei has just overtaken the U.S. This would impact $200 billion worth of Chinese imports into the USA annually. Treasury Secretary Steven Mnuchin duly declared that the trade war had been "put on hold", but this was overturned in a matter of a few days.

by | August 06, 2018 | 00:56

EDT to $72.91 per barrel. At 1010 GMT, the October ICE Brent crude futures contract was down 10 cents from Thursday's settle at $73.45/b, while the NYMEX WTI September contract edged down 3 cents to $68.93/b. Oil markets have been halting further declines recently after the energy commodity fell too far, too fast on pumped-up production from OPEC , and supply constraints both within the United States overseas have seen oil markets quick to buy, implying that bullish oil traders, while ...

by | August 05, 2018 | 20:11

Although June typically is a busy month for home sales, purchases of pre-owned homes declined due to factors that include limited inventory, higher year-over-year mortgage rates and increases in home prices that outpaced wage growth. deficit in goods and services rose 7.3% to $46.3 billion in June from $43.2 billion in May. Wages meanwhile rose 0.3 percent for the month to an average of $27.05 an hour, putting them up 2.7 percent higher than July of previous year - still below 2.8 percent ...

by | August 05, 2018 | 19:47

The Bank of England has raised interest rates above 0.5 per cent for the first time in almost a decade in a decision that will affect millions of savers , mortgage holders and borrowers across the UK. And as India's growth continues to strengthen, economists say more rate rises are likely. "We don't expect another rate rise before May 2019". The increase takes the benchmark rate to its highest level since 2009.

by | August 05, 2018 | 18:30

Interestingly, China has also rejected a USA request to cut imports from its biggest customer, Iran, for the sake of fulfilling US president Donald Trump's objective of achieving a complete halt of outgoing Iranian crude supplies; China's rejection would presumably lessen the chance of a market tightening that many analysts are still anxious about and consequently help keep prices relatively low - which is what Trump was demanding from the Organization of the Petroleum Exporting ...

by | August 04, 2018 | 18:27

Prices rose amid fears of supply... Oil prices are likely to hold fairly steady this year and next as increased output from OPEC and the US meets growing demand led by Asia and helps to offset supply disruptions from Iran and elsewhere, a Reuters poll showed on Tuesday.

by | August 04, 2018 | 15:32

The US already imposed 25 percent tariffs on $34 billion in Chinese goods, with another $16 billion to be targeted in coming weeks. That reflected American frustration that Beijing retaliated by raising its own duties on USA imports in response to tariff hikes on Chinese goods over complaints the communist government steals or pressures companies to hand over technology.

by | August 04, 2018 | 14:15

Apple's share price pulled it to $1 trillion in market capitalization on Thursday. Apple has sold more than a billion iPhones. Its market value might be double that of Apple or even more. Amazon is also close to hitting the $1 trillion mark, which is something we discussed earlier this week . "With the company's sales reorganisation firing at all cylinders and last year's re-org in rear view, we expect solid execution amid a strong demand environment to drive ongoing double-digit ...

by | August 04, 2018 | 14:09

China's proposed tariffs on USA liquefied natural gas and crude oil exports opens a new front in the trade war between the two countries, at a time when the White House is trumpeting growing US energy export prowess. Beijing also declined to stop imports from Iran, dealing a blow to United States efforts to isolate that nation, though it agreed not to increase shipments, according to officials familiar with the negotiations.

by | August 03, 2018 | 21:54

The Trump administration had earlier threatened additional tariffs of $200 billion and has warned that it has more ammunition than Beijing in the escalating conflict. Trump's tariffs target goods the White House says benefit from industrial policies such as "Made in China 2025", which calls for developing Chinese competitors in robotic, artificial intelligence and other fields.

by | August 03, 2018 | 17:42

The iPhone and MacBook maker has seen its stock rise over 50,000% since it was first listed as a public company in 1980. Apple has just become the first company to be valued at $1 trillion, which is triumphant or depressing depending on how you look at it.

by | August 03, 2018 | 11:57

Laith Khalaf, senior analyst at Hargreaves Lansdown, said it was a "hugely symbolic day" as although the markets had been expecting the Bank of England to move it meant that rates were higher than 0.5% for the first time since the financial crisis.

by | August 03, 2018 | 07:58

Apple is the first US company to hit the $1T milestone; here's why AAPL shares can climb even higher. The gains came after the iPhone maker reported strong earnings late Tuesday that prompted a two-day rally in the share price. Apple generates less profit from each dollar of sales than it did in 2010, when it was worth one-quarter as much. About 11 years after launching, the device represents both the biggest opportunity and challenge for Apple and Cook.

by | August 03, 2018 | 00:26

Looking to save a few dollars on back-to-school supplies, clothing or items to get you through the next hurricane? Pinson said this weekend is good exposure for OH - a lot of surrounding states participate in the tax free holiday . Mississippi's was last weekend, while Arkansas' is schedule Saturday and Sunday and Texas' is scheduled August 10-12. Whether you're paying the bills or know someone who is, there's no denying back-to-school shopping is expensive.

by | August 02, 2018 | 22:32

You'll recall that the chain experienced a series of food-poisoning outbreaks that torpedoed its year in 2015 , closed a store in 2016 over norovirus concerns , and had another significant norovirus outbreak in 2017 at an L.A. Piper Jaffray Companies boosted their target price on Chipotle Mexican Grill from $420.00 to $530.00 and gave the stock an "overweight" rating in a report on Monday, May 14th.

by | August 02, 2018 | 20:08

The iPhone maker's market value reached the figure in late morning trading in NY as its shares rose to a new record high above $207. Other tech giants have been approaching $1 trillion in market cap, but still lag behind Apple . The iPhone transformed Apple's fortunes. A company's market cap is calculated by multiplying the number of shares outstanding by its stock's share price.

by | August 02, 2018 | 18:32

The overall tablet market has been in decline but tablets catering to professionals and the enterprise has been increasing, Samsung officials told ZDNet. A big feature for these types of devices is battery size and Samsung has been able to fit in a 7,300mAh capacity battery inside the 2018 Galaxy Tab A 10.5.