Business

by | May 18, 2019 | 06:05

Powered by 36 jet engines, but lacking a tail, rudder and propellers, the aircraft is created to take-off and land vertically. Daniel Wiegand, co-founder and chief executive of Lilium, said: "Moving from two to five seats was always our ambition as it enables us to open up the skies to many more travellers".

by | May 17, 2019 | 16:47

Items affected include beef, lamb and pork products, as well as various varieties of vegetables, fruit juice, cooking oil, tea and coffee. This comes after President Donald Trump raised tariffs on Chinese imports last week. US equities fell sharply last week after Trump threatened to hike tariffs on China. "Investors are looking for opportunities to get into this market, and so far in 2019 there really haven't been any "buy the dip" opportunities other than last week", Ryan Nauman, market ...

by | May 16, 2019 | 01:58

They were also awarded $55 million in compensatory damages. Last August, another Californian man was awarded $289m after a jury also found Roundup caused his cancer . "We've been fighting cancer for nine years. We really resent Monsanto for that", Pilliod said. The prior two jury verdicts against Bayer in Roundup trials in the U.S.

by | May 14, 2019 | 02:46

K. The ride-hailing business priced its stock at $45 a share on Thursday, giving the company a valuation of $82.4 billion. Lyft shares fell three per cent to US$49.38, and have given back some 30 per cent since the company's market debut in late March.

by | May 14, 2019 | 01:17

But if the plaintiffs win at trial, Mark Rifkin, a lawyer representing them, said that "the overcharges paid by consumers since Apple's monopoly began will be measured in the billions of dollars". The court's four liberal justices joined Kavanaugh in the 5-4 decision. Gorsuch also was appointed by Trump. There has been exponential growth in the availability of apps since Apple created the App Store in 2008 with 500 choices.

by | May 13, 2019 | 18:41

His report comes just days after the Trump administration issued a new maritime alert - warning of "acts of sabotage" to ships off the UAE coast as tensions continue to rise between the United States and Iran . Although the real reason behind the incident has not been revealed yet, the early reports, citing eyewitnesses, further suggested that American and French warplanes have been seen flying over the port at the time of the incident.

by | May 12, 2019 | 07:38

Despite that, Ferrari has continued to build V6 and V8 engines for use in Maserati models such as the Ghibli, Quattroporte , Levante, GranTurismo and GranCabrio models. "Well, we supply various engines, so it's very hard to answer that question as to when it's actually going to zero, but certainly I would say by 2021 [or] 2022", said Camilleri.

by | May 12, 2019 | 07:31

Nestled within its full-year financial results presentation is a brief mention of plans for a large architecture with inline-six compression ignition petrol and diesel engines, earmarked Skyactiv-X and second-generation Skyactiv-D, respectively, in addition to the evolution of its Kodo design language and upgrades to its small architecture Skyactiv powertrains.

by | May 10, 2019 | 02:07

The company has confirmed that the cybercriminals made off with 7,000 bitcoins which, at current prices, translates to roughly $41 million. Initial analysis suggested hackers had plundered the currency from a bitcoin wallet belonging to the company in one vast transaction .

by | May 09, 2019 | 01:59

Workhorse Group , led by Workhorse founder Steve Burns, would acquire the facility and would hold a minority stake in a new venture, a GM statement said. "We also expect to bring more jobs to the USA over time in support of the expected provisions of the USMCA". The DMAX plant in Moraine is expanding diesel engine production for GM's all-new heavy-duty pickups, which go on sale later this year.

by | May 06, 2019 | 00:43

Heinz, which Berkshire and Brazil's 3G Capital controlled. Keep up with live updates on the Berkshire Hathaway 2019 Annual Shareholders Meeting here. On Friday, shares of Amazon jumped more than 3%. The veteran USA investor said he would like to make more of a name for his firm, Berkshire Hathaway , in the United Kingdom and in Europe.

by | May 06, 2019 | 00:40

A raise of around $ 2 billion is in line with what several Tesla analysts were expecting. Articles appear on euronews.com for a limited time. Musk previously owned 20 percent of the company's shares and the present purchase would for 41,896 shares.

by | May 04, 2019 | 01:46

The Labor Department also revised job-gain estimates for the previous two months to 189,000 new jobs in March and 56,000 in February , for a total of 16,000 more new jobs than previously estimated. While unemployment fell, so did the labor force participation rate, which declined 0.2 percentage points to 62.8 percent, which represents a 490,000 person drop, reports CNBC .

by | May 04, 2019 | 02:13

For its fiscal third quarter to June, Apple forecast revenues of Dollars 52.5-54.5 billion, little changed from USD 53.3 billion reported in the year-earlier period. Analysts surveyed by Zacks had expected revenue of $52.09 billion. While iPhone sales have been struggling, Apple has been focusing on its Services business , which includes AppleCare, iTunes, the App Store, Apple Music , Apple News +, Apple TV + and Apple Arcade (starting this fall).

by | May 04, 2019 | 00:41

Hungry patrons can choose a Pissed Meal when they're angry, a Blue Meal when sad, a Salty Meal for those bitter moments and a DGAF for obvious reasons. They are rolling out in a few major USA cities, including Seattle, New York, Los Angeles, Austin and Miami . "If we act before Stage 4, with early identification and intervention, people can recover from even serious mental illnesses, and we give everyone hope", said Gionfriddo.

by | May 03, 2019 | 01:17

This entailed a small cut in that rate to 2.35 per cent, in this hopes that this will counter an upward drift in the effective federal funds rate. On Tuesday, Trump tweeted to Fed to cut interest rates by one percent for quantitative easing as the US GDP grows at a robust rate of 3.2 percent.

by | May 02, 2019 | 01:55

US crude futures were down 28 cents or 0.44 percent at $63.63 per barrel. USA crude stocks rose by 6.8 million barrels to 466.4 million barrels in the week to April 26, the American Petroleum Institute (API), an industry group, said on Tuesday.

by | May 01, 2019 | 01:13

Democrats have criticized Barr for drawing his own conclusion that Trump did not obstruct justice. Barr's appearance before the Senate Judiciary Committee is expected to highlight the partisan schism around Mueller's report and the Justice Department's handling of it.

by | April 30, 2019 | 01:24

Unlike veggie burgers , Impossible burger patties are created to mimic the look and texture of meat when cooked. Burger King announced its collaboration with Impossible Foods , manufacturer of the plant-based Impossible Burger, in November.

by | April 25, 2019 | 02:12

Moscow was a crucial backer of Pyongyang for decades and their ties go back to the founding of North Korea , when the Soviet Union installed Kim's grandfather Kim Il Sung as leader. Russian and North Korean flags were flying on lamp posts on Vladivostok's Russky Island, where the summit is expected to take place at a university campus.

by | April 23, 2019 | 00:53

In a regulatory filing , the company said that Brad Buss, Antonio Gracias, Stephen Jurvetson, and Linda Johnson Rice would not be standing for re-election in the annual meetings of stockholders this year and next. After an investigation, the SEC sued, saying Musk had misled investors. Nathan pushed Crumpton through the hearing to define the conditions under which approval should be sought by Musk before he tweets, also attracted attention to surrounding the principles that the SEC sought ...

by | April 21, 2019 | 01:58

The NEB report in February made 16 new recommendations for the government, including implementing measures to reduce ferry noise, adding incentives and establishing requirements for quiet vessel design. That move came after Canada's Federal Court of Appeal overturned the Liberal government's 2016 approval to expand the pipeline. RBC Capital Markets energy analyst Michael Tran said the short delay to the Trans Mountain decision would not materially impact the energy sector, and it was more ...

by | April 21, 2019 | 01:19

Sears Holdings Corporation finally sued former chairman Eddie Lampert , his hedge fund ESL Investments and others investors like Treasury Secretary Steve Mnuchin, claiming these persons stole billions of dollars in assets from the iconic retailer leading to its bankruptcy in 2018.

by | April 21, 2019 | 01:00

The grounding of its Boeing 737 Max jets is causing United Airlines to trim growth plans for this year, and the carrier expects to discuss potential compensation with Boeing. "We are making steady progress toward certification", Boeing CEO Dennis Muilenburg said in a video on his Twitter account on Wednesday. Air Canada's rival, WestJet Airlines Ltd., declined to specifically address Mr.

by | April 20, 2019 | 01:52

Downtown Los Alamos will be filled with family fun Saturday as children hunt for Easter Eggs and the county fire and medical community presents the Wildfire 2019 event. Tickets are $5 in advance or $10 at the door. The West Vancouver Streamkeeper Society invites you to join them at the West Vancouver Memorial Library tomorrow at 10:30 a.m.

by | April 20, 2019 | 02:17

The statement did not make mention of the previous conflict but only said that Binance periodically reviews each token that is listed to make sure that they still meet up to the required standards. After the delisting, Erik Voorhees followed suit and announced they would be delisting Bitcoin SV within 48 hours. Everyone praised Binance and CZ for doing what was necessary.

by | April 19, 2019 | 02:18

Facebook Inc said on Wednesday it may have "unintentionally uploaded" email contacts of 1.5 million new users since May 2016, in what seems to be the latest privacy-related issue faced by the social media company. The issue is the latest to make trouble for Facebook. Facebook claims it changed the feature and removed the text stating the contact information was being uploaded, but the underlying code that performed this task accidentally remained.

by | April 19, 2019 | 01:45

To help reduce Beijing's soaring USA trade surplus, Chinese officials have offered to increase purchases of American farm goods and energy exports. In an echo of European protests, the chamber laid out how Chinese firms in the U.S. For example, foreign companies in China are subject to equity caps and joint venture restrictions that often include hidden costs, such as technology transfer, in the automotive, banking, healthcare services, information and communications technologies, and ...

by | April 19, 2019 | 02:32

The retail price index rate was 2.4%, below expectations of 2.6%. On the monthly basis, the growth rate in the quantity bought increased by 1.1 percent in March. It said the rise in the food index was caused by increases in prices of bread and cereals, meat, fish, potatoes, yam and other tubers, oils and fats, and soft drinks, vegetables, and fruits.

by | April 18, 2019 | 01:27

Both sides scored victories in various court systems but they're finally calling a truce. The agreement includes an undisclosed payment from Apple to Qualcomm, a six-year licensing deal , and a chip supply agreement. Apple gets to break its dependence on a single chip maker and Qualcomm gets to do business with a large customer. Qualcomm's share price surged 23.2 per cent, its biggest gain in more than 19 years, while Apple's stock ended its day flat.

by | April 14, 2019 | 00:38

The news represents a real reversal of Panasonic's plans; it recently expanded the US Gigafactory from 10 to 13 production lines to help the vehicle maker grow. Batteries produced there aren't just for Tesla's cars, mind. The company is scheduled to report first-quarter financial results on April 24. However, Tesla and Panasonic have now chose to freeze major investments in expanding the Gigafactory 1 capacity because EV sales have been below expectations, Nikkei reports.

by | April 14, 2019 | 00:34

The casino mogul was not in attendance Tuesday when the gaming commission of the state opened a set of hearings into the response. Wynn Resorts executives are to provide a testimony into how they have handled the allegations against Steve Wynn , with proposals to prohibit Wynn from entering the casino grounds.

by | April 13, 2019 | 08:40

Earlier this week , Consumer Reports published an analysis on the product and said it could be linked to up to 32 infant sleeping deaths. The AAP rarely issues warnings about child products or pushes for recalls. Fisher-Price recalled almost five million infant sleepers on Friday , after more than 30 babies died in them over a 10-year period. Tragically, that is not the case.

by | April 13, 2019 | 07:18

Let's put aside Assange for a moment-because when laws are written or precedents set based only on whether Bad People are bad, we all lose. It is the monumental amount of leaks such as this that lifted the veil on USA -led military operation in a variety of theaters, none of which have produced a favorable outcome [for] the people of those countries.

by | April 12, 2019 | 01:49

The company told investors it would sell debt in six portions, from three to 30 years, according to the people familiar with the matter. The order book is set to be the largest ever seen in emerging markets, covering many times the $10 billion to $15 billion Aramco is expected to raise.