Business

by | January 17, 2020 | 01:45

It's certainly appropriate to point out that both sides would want to call witnesses that they wanted to hear from. Todd Young of IN and Susan Collins of ME said Tuesday they will support it. Republicans could seek to call witnesses of their own as well. It was an extraordinary suggestion, but one being proposed by Trump allies with support from some GOP senators, including McConnell.

by | January 16, 2020 | 00:45

United Airlines rose 1.1% and American Airlines gained 0.5%. Technology companies also climbed. With the trade issue entering a new stage, Wall Street is focusing on the rollout of corporate earnings reports over the next few weeks. Oanda's Craig Erlam said: "Details of the trade deal are starting to emerge but there's still a lot we don't know". Several large banks were among the companies that started the last earnings season on Wall Street on Tuesday.

by | January 16, 2020 | 01:45

President Donald Trump signs a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House , Jan. 15, 2020, in Washington. Former US Vice President Joe Biden , who is a leading Democratic presidential candidate, alleged that China is the big victor of Trump's "phase-one" trade deal with Beijing.

by | January 15, 2020 | 00:33

Ford Motor Co.'s China sales fell for the third year in a row in 2019, dropping to less than half of what it sold at its zenith in 2016, and the company said the situation for the broader market is likely to get worse in 2020. It has also said it would localize management teams by hiring more Chinese staff and aimed to improve relationships with joint-venture partners. Sales that year fell for the first time in 28 years.

by | January 15, 2020 | 01:50

The acquisition of Plaid, which provides the intermediary technology between banks and payment services like Transferwise, Acorns, and PayPal Holdings Inc.'s (NASDAQ: PYPL ) Venmo, represents both Visa's "entry into new businesses" and "complementary enhancements to existing businesses", the company said in a statement.

by | January 14, 2020 | 01:10

A third Corvette was present but not involved in the infraction, police said. The cars were stopped at around 11:20 p.m. on Lovers Lane and Olde Towne Boulevard. "We have no further comment at this time", General Motors said in a statement. Automobile claims one driver is a CAE engineer specializing in induction and exhaust setups, and the other an electrical engineer.

by | January 13, 2020 | 01:10

That put the focus back on the economy and corporate earnings. Stocks retreated from record highs to close Friday's session pretty much at the lows of the day. SPDR Dow Jones Global Real Estate ETF (the Fund), formerly SPDR DJ Wilshire Global Real Estate ETF, seeks to replicate as closely as possible the price and yield performance of the Dow Jones Global Select Real Estate Securities Index (the Index), an index based upon the global real estate market.

by | January 12, 2020 | 01:19

In her first year as President of the Federal Reserve, Janet Yellen was chairman of a policy panel divided over how long the central bank could afford to keep its reference rate at a record level and how to prepare the financial markets for the start of interest rate increases.

by | January 11, 2020 | 02:00

He also claims that in 2020, Bitcoin price is likely to incline towards its 2019 record-high amount of fourteen thousand USA dollars ($14,000) and wouldn't trade below the trough set at three thousand three hundred USA dollars ($3300). However, geopolitical tensions do have a positive price impact as was evidenced with the US/China trade war. The concerns surrounding the geopolitical issues, such as the U.S-Iran tensions, amongst others, could potentially lead to more institutional and ...

by | January 11, 2020 | 01:23

Both Pompeo and Trump had said United States embassies were threatened. Soleimani was one of the most powerful figures in the Iranian regime. Iraqi Prime Minister Adel Abdul-Mahdi has told the USA secretary of state to send a delegation to Iraq tasked with formulating the mechanism for the withdrawal of U.S troops from Iraq, according to a statement released Friday.

by | January 11, 2020 | 01:52

The S&P 500 also posted an intraday all-time high after President Donald Trump said Iran appeared to be "standing down" after firing a barrage of missiles at military bases housing USA troops in Iraq. The S&P 500 posted 61 new 52-week highs and 1 new low; the Nasdaq Composite recorded 106 new highs and 27 new lows. Technology stocks rose 0.9%, the most among the major S&P sectors.

by | January 09, 2020 | 01:44

According to sources close to the case, she is named as president of a company used to buy a luxury yacht that prosecutors suspect was purchased partly with funds diverted from Nissan . Ghosn declined to name Japanese government officials he said were involved in the plot because he said he didn't want to embarrass the Lebanese government, but added he did not think the top level of the Japanese government was involved.

by | January 08, 2020 | 01:02

He has denied reports that his family members were involved in helping him flee from Tokyo last week. Mori also announced the country was strengthening border checks in response to Ghosn's escape . Nissan's statement was the first word from the company since Ghosn's flight last week. Ghosn is accused in Japan of financial misconduct, including underreporting his compensation from Nissan and misappropriation of the company's assets for personal gain.

by | January 07, 2020 | 00:44

Soleimani was a national hero in Iran - even to many who do not consider themselves supporters of Iran's clerical rulers. "We know how to kill people", she said during an appearance on "The Daily" podcast. Iran's economy has been in freefall as the currency has plunged. "Iran is capable, at a minimum, of carrying out attacks with temporary disruptive effects against critical infrastructure in the U.S.".

by | January 07, 2020 | 01:34

The majority of EV purchases in China - around 70% according to Sanford C. Bernstein - have so far been targeted at government and "policy-oriented" customers, including taxis, mobility services and other government-related fleet operators.

by | January 06, 2020 | 00:47

Chief Executive of China's HKSAR Carrie Lam extended a warm welcome to Luo on his assumption of the new post in a statement. The Hong Kong Retail Management Association (HKMA) estimates about 7,000 businesses, or more than one in 10 retailers, will be forced to close in the next six months.

by | January 05, 2020 | 00:35

A convoy including Iran-backed Popular Mobilization Forces was hit by an airstrike early Saturday in north Baghdad , killing and wounding several, according to the PMF. "Certainly, there's some high tensions after what's happened, but it looks like those people going out in Tahrir Square to demonstrate in favor of the United States and to celebrate a bit of a new lease on freedom is a very positive sign for Iraq ", O'Brien told Al-Monitor.

by | January 04, 2020 | 01:03

Employers in certain industries have been allowed to pay tipped workers less than minimum wage if they earn enough in tips to make up the difference. A three year assessment of wage theft cases investigated by the Department of Labor published in 2018 show that almost two-thirds of all minimum wage-related cases were in the industries covering miscellaneous industry workers , and in 80 percent of cases, underpayments were found .

by | January 04, 2020 | 01:28

December marked the fifth consecutive month that manufacturing activity has contracted. Other ISM indexes were disappointing, too. The production index plunged almost six percentage points, and new orders dropped again - both falling to their lowest points since April 2009, the survey showed.

by | January 03, 2020 | 00:51

Route and schedule information is available at www.rtd-denver.com . The ride-hailing service Lyft and the Orange County Transportation Authority will provide discounted or free rides on New Year's Eve to cut down on impaired driving during the holiday celebrations.

by | January 03, 2020 | 02:15

He said: 'Welcome to another decade of misery for rail passengers. The rail fare increases that come into force today have been branded as "scandalous" and "unjustified" by a transport campaign group. Fewer than two-thirds of United Kingdom trains were on time last year, though private rail franchise operators have paid out billions of pounds in dividends in the last 10 years.

by | January 02, 2020 | 02:03

Earlier, the Oil and Gas Regulatory Authority (OGRA ) suggested that petroleum price products should increase by up to 3.2%. The OGRA had proposed raising Rs2.25 per litre on high-speed diesel, while Rs3.10 on kerosene oil. For December 2019, the Ogra had notified LPG price at Rs1,513.69/cylinder or Rs128.27/kg. The price for one liter of super petrol is set at QR 1.90 in January, which also is the same as this month's price.

by | January 02, 2020 | 00:25

Fifteen Model 3 sedans were handed over at the company's so-called "Gigafactory" near Shanghai . The company will also double the number of fast-charging stations and service centers in China next year, Tesla executives said. The Shanghai plant started construction on January 7, 2019, and its quick delivery made good on Tesla CEO Elon Musk's praise of "the unbelievable Shanghai speed".

by | December 29, 2019 | 02:12

Futures rose as much as 1.1% in NY, gaining for a third straight session as trading resumed after the Christmas break. He remarked , "Oil will likely correlate to equities" through the remainder of the year and even see multi-month highs, "but the situation is not sustainable for much longer: the market is overbought".

by | December 29, 2019 | 01:34

The investigation established in June because of the British Competition and Markets Authority (CMA) is created to see whether Amazon's massive financial investment in Deliveroo probably will distort competitors when you look at the meals and food distribution areas.

by | December 28, 2019 | 01:28

Meantime, the blue-chip Dow Jones industrial index closed at 28,621, up 0.4% on the day. Robust U.S. economic data, relatively loose monetary policy and hopes of an imminent trade truce between Beijing and Washington have sent U.S. Stock indexes across the European continent posted gentle gains after a mixed session in Asia. The U.S. presidential election could also drive volatility in the markets next year.

by | December 23, 2019 | 02:37

Investors shrugged off President Trump's impeachment on Thursday, sending all three major stock markets to intra-day trading record highs. USA stocks rose toward fresh highs Friday, powered by new signs of economic strength that have followed a calm in trade tensions.

by | December 23, 2019 | 00:41

Store ATMs were not impacted, Wawa says. The company added that potentially all in-store payment terminals and fuel dispensers at Wawa locations were affected, though the infection never posed a risk to its ATM machines. Wawa is a chain of 850 convenience and fuel retail stores located in Delaware, Florida, Maryland, New Jersey, Pennsylvania, Virginia, and Washington, DC.

by | December 23, 2019 | 00:48

Shoppers can get more details here. Christmas Day is actually a public holiday - which is defined as "a day when nearly everyone in a particular country does not have to go to work or school" - and when the vast majority of shops and businesses will be shut.

by | December 22, 2019 | 01:08

The investment in the Wayne plant will be used to build the new Ford Bronco SUV, as well as a brand new small Ranger minivan. In addition, the Wayne facility will be where Ford's first autonomous vehicles will be produced starting in 2021. In November the United Auto Workers ratified a four-year contract with Ford-one that included an agreement to invest more than $6 billion in USA plants and, as was reported then, included plans to keep high-visibility electrification plans for the F-150 in MI.

by | December 20, 2019 | 01:43

JLR has had a recent streak of putting its most extreme SVO cars on sale, unleashing cars like the psychotic Jaguar Project 8 on an unsuspecting sedan-buying public. Made-to-order vehicles aren't all that plentiful because the Bulldog is the only one on the list. Now, Land Rover has bought the speed shop outright, paying an untold sum to bring the Bowler name in-house.

by | December 18, 2019 | 00:51

He told CBS television that the deal was "totally done", although small changes to the wording are possible. In addition, it includes a Chinese commitment to buy $200 billion more in US goods and services over two years, USTR said. He suggested that China might have to buy more soybeans than it needs to meet the terms of the agreement. President George W Bush famously said "America is addicted to oil", and passed measures to curb demand, such as requiring corn ethanol be mixed into ...

by | December 17, 2019 | 01:34

Huawei , a large Chinese telecommunications company, has been trying to boost its competitive 5G infrastructure and services to global markets. On Thursday, Chinese foreign ministry spokeswoman Hua Chunying denied media reports that the Chinese government threatened to cancel a trade deal with the Faroe Islands if it does not agree to use Huawei's equipment.

by | December 14, 2019 | 02:15

Confidence the trade war would be settled has also pushed the S&P 500 up 26% in 2019 and fueled a 43% rally in the information technology sub-index. China has also pledged to make sizeable agriculture and services purchases while the United States agreed to significant changes to Section 301 tariffs.

by | December 13, 2019 | 00:53

The Commodore was also Australia's top-selling vehicle for 15 straight years to 2010, and took the chequered flag at Bathurst - Australia's most iconic motor race - for the first time in 1980. Holden sources the vehicle from former German GM subsidiary Opel, with GM having to pay Opel to build the cars since Opel was sold to France's PSA Group in 2017.