Finance

by | January 20, 2019 | 04:02

Now, Microsoft is following other tech giants in wanting to be part of the solution, announcing a $500 million fund targeting homelessness and affordable housing in Seattle on Wednesday. Brad Smith, president of Microsoft Corp., speaks during a presentation on affordable housing in Bellevue, Wash., on Thursday. Furthermore, they say municipal governments need to change zoning policies to allow more housing stock, provide desirable public land near transit stations, address permitting ...

by | January 20, 2019 | 03:40

Most of the injured are in serious condition, Alcocer said. So when a pipeline in the state of Hidalgo burst open Friday, sending a spray of fuel into the air, area residents rushed to collect it in buckets and barrels. local time. What is the fuel theft problem? Thousands of marines have been deployed to guard pipelines and transport has been shut down altogether in places.

by | January 18, 2019 | 21:38

Grover M. Hermann Center for the Federal Budget Director Romina Boccia weighs in on how the partial government shutdown is effecting the economy. U.S. The judge sympathized with the plaintiffs, but ultimately said he had to weigh the interests of the public as well as federal workers. Yet even those sent home will have to repay the unemployment aid if they receive back pay once the shutdown ends.

by | January 18, 2019 | 15:46

Shopko has obtained up to $480M debtor-in-possession (DIP) financing from certain of its prepetition secured lenders, led by Wells Fargo, N.A.as administrative agent, to help fund and protect its operations during the Chapter 11 process. With latest announced closure of 38 stores, Shopko will be shutting down 105 stores nationwide. The pharmacies have been a big drain on Shopko, while the company's first freestanding optical centers that were opened a year ago turned in encouraging financial ...

by | January 18, 2019 | 13:41

Tesla has chose to work with the event organizers to include Model 3 as the main target to be hacked in the automotive category. As part of the announcement, Tesla's Vice President of Vehicle Software, David Lau, stated that the company aims to create cars with the highest standards when it comes to safety.

by | January 18, 2019 | 13:31

The White House delegation , confirmed last Friday, included Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross among other top officials. Trump was embraced warmly by CEOs and business leaders at the event after signing into law a major reduction in USA corporate income tax rates. The longest-ever shutdown in USA history has rendered over 800,000 federal employees without work, crippling the functioning of several key wings of the government including Security and ...

by | January 18, 2019 | 10:14

No sooner had Huawei's CEO gone public with his praise of US President Trump and the company's commitment to customers' data privacy than a new report pops up claiming that the US is training more guns on the Chinese OEM. Oxford University is reportedly suspending all research grants and donations from Chinese tech giant Huawei, according to a Chinese newspaper. The bills specifically cite ZTE and Huawei, both of which are viewed with suspicion in the U.S.

by | January 18, 2019 | 09:27

Prosecutors last week charged Ghosn for aggravated breach of trust relating to the transferral of personal losses to Nissan and for underreporting his salary between 2015 and 2018. "In Japan, suspects are routinely and repeatedly interrogated by prosecutors outside the presence of their lawyers; have no possibility for bail until after they have been indicted; have limited access to counsel; and are forced to sit and listen to interrogations even when they choose to exercise their right to ...

by | January 18, 2019 | 07:14

The shutdown, which is now the longest in US history, has left more than 800,000 federal employees and contractors without pay. Both the Internal Revenue Service and the Federal Aviation Administration on Tuesday said they would call back almost 50,000 employees to handle tax returns, refunds and other tasks or to work in aviation safety inspection.

by | January 18, 2019 | 07:14

The South Carolina team, which defeated the University of Alabama's Crimson Tide 44-16 on January 7, was offered a candelabra-lit spread of takeout food from McDonald's, Wendy's, Burger King and Domino's. Another held Domino's and fries, per pool. The South Carolina team, which defeated the University of Alabama's Crimson Tide team by a score of 44 to 16 on January 7, was offered a candelabra-lit spread of hamburgers, fries and pizzas at the presidential residence.

by | January 18, 2019 | 06:39

The video, posted to Naydev's Instagram late last week, shows the bro standing on a balcony railing wearing swim trunks and a button-down shirt, while three dudes laugh and record Naydev's antics. "I just hope I don't inspire anyone to try this, because I don't want to feel responsible for any injuries". "We didn't really care about the consequences with the cruise company", he said.

by | January 18, 2019 | 03:53

The investment bank notched fourth-quarter profits of US$2.3 billion, after posting a US$2.1 billion in the same period of the prior year due to one-time costs associated with United States tax reform. Merger-advisory fees jumped 56 percent to the highest in more than a decade, lifting the investment-banking division above analysts' estimates even as companies tempered their stock and bond issuance.

by | January 18, 2019 | 02:49

After weeks of criticism, Theresa May's EU "Withdrawal Agreement" was wholeheartedly rejected by the United Kingdom parliament on Tuesday evening. "We can regret this rejection or rejoice in it, but in any case what is certain is that the scenario of a no-deal Brexit is less and less unlikely", Philippe told reporters.

by | January 18, 2019 | 00:54

The report released Tuesday by the Defense Intelligence Agency said China saw a almost threefold increase in defense spending from 2002 to 2018. It has used domestic laws that force foreign partners to share key secrets in exchange as they look to have access to the vast Chinese market.

by | January 17, 2019 | 20:10

It was the highest on record dating back to 2006, according to Reuters . China's annual passenger vehicle sales fell last year for the first time in more than 20 years, as the trade war with the USA rocked consumer confidence and Beijing reined in auto financing channels.

by | January 17, 2019 | 14:37

Huawei said in a statement the company and T-Mobile settled their disputes in 2017 following a U.S. jury verdict that found "neither damage, unjust enrichment nor willful and malicious conduct by Huawei in T-Mobile's trade secret claim". Furthermore, according to Representative Mike Gallagher (R-WI), Chinese telecommunications companies represent an increasing threat to the US national security, as well as an "intelligence-gathering arm of the Chinese Communist Party" as stated by Senator Tom ...

by | January 16, 2019 | 19:48

Cathay sold its premium seats for the price of an economy fare. again. On its website Sunday morning, Cathay was offering first-class flights from Lisbon to Hong Kong - via a connecting flight through London with a partner airline - for just US$1,512, the South China Morning Post reported.

by | January 16, 2019 | 18:34

A Texas woman was banned from Walmart after authorities said she was caught drinking wine from a Pringles can and riding on an electric cart in the parking lot for several hours. A sign hangs outside Walmart store on January 11, 2018 in Chicago, Illinois. The woman was not arrested, police said, and her name was not released.

by | January 16, 2019 | 18:29

The 2019 Hyundai Genesis G70 on display at Automobility LA on November 28, 2018. To be eligible, vehicles must be "all new" or "substantially changed". The fierce competition among finalists in the utility category reflects the vehicle's increasing popularity among USA consumers. The awards were announced Monday at the North American International Auto Show in Detroit .

by | January 16, 2019 | 17:43

In November 2016 M&S announced a five-year United Kingdom store estate rationalisation programme. Bosses said it had been a "difficult decision" and they were now consulting with colleagues on the proposed closure. "Alongside our food offering, customers visiting these locations can shop for clothing and home products in store or through our click and collect service".

by | January 16, 2019 | 17:01

To find out how your MP voted, put their name into the search field below. There is nothing to stop the government bringing back the same deal again and again to the House of Commons until either MPs accept it, or seek to oust May, who faces a no-confidence vote on Wednesday called by the opposition Labour Party.

by | January 16, 2019 | 16:56

The European Union Intellectual Property Office ruled on Tuesday that U.S. fast food giant McDonald's has failed to prove "genuine use" of the Big Mac trademark as a burger or restaurant name. EUIPO has now said that McDonald's has not proven genuine use of the Big Mac trademark for any of the goods and services for which it was registered.

by | January 16, 2019 | 15:57

His company has since become a lightning rod, as Western countries allege Huawei is using its telecommunications network to spy on citizens. According to Ren, Huawei now has as much as 30 contracts to install 5G infrastructure in various countries around the world, despite countries like Australia and New Zealand blocking the company from bidding on such contracts over national security concerns.

by | January 16, 2019 | 15:11

Senator Joe Manchin, a Democratic participant, said: "Anything can be part of the negotiations". 'Today, the President offered both Democrats and Republicans the chance to meet for lunch at the White House . "By prolonging this shutdown and rejecting bill after bill to fund our government, the president is making us less safe by not paying for our border patrol and TSA agents", Bustos said.

by | January 16, 2019 | 13:09

The Cadillac portfolio will eventually benefit from a variety of body styles that can be spun off this architecture. GM said the batteries and drive units will be the most advanced in this platform. It can accommodate front-, rear-, or all-wheel drive configurations, and the battery system output can be varied depending on the specific vehicle and the needs of its buyers.