Facebook campaign to help separated children seeks $1,500 but gets $7.5m

Mark Zuckerberg is calling on Facebook users to donate to groups helping migrant families at the U.S. border and has condemned the Trump administration's policy of separating migrant families, writing: "We need to stop this policy right now". More..

by | Published
European Union to impose duties on US imports Friday after Trump tariffs
by | Wednesday, June 20, 2018

European Union to impose duties on US imports Friday after Trump tariffs

The products affected will include cigarettes, denim, peanut butter, orange juice, blue jeans, bourbon, and motorcycles. The EU said on Wednesday that it impose a 25 percent tariff on $3.2 billion in American...More..

Amazon's Alexa to play concierge for Marriott hotels
by | Wednesday, June 20, 2018

Amazon's Alexa to play concierge for Marriott hotels

The version for the hospitality industry lets guests ask questions about where they're staying, control music, and connect with services offered in the hotel-including, one hopes, room service. This integrati...More..

by | Wednesday, June 20, 2018

Trump trade adviser says he has no knowledge of iPhone tariff exception

The US "practice of extreme pressure and blackmail departed from the consensus reached by both sides during multiple negotiations and has also greatly disappointed global society", it said. Boeing , which has...More..

Disney making $70.3 billion counterbid for Twenty-First Century Fox
by | Wednesday, June 20, 2018

Disney making $70.3 billion counterbid for Twenty-First Century Fox

Both Disney and Comcast are looking to use the Fox assets to bolster their content and expand overseas. Shares of Disney rose 1.3 percent at $107.50. "Comcast's balance sheet may preclude it from bidding much...More..

CEA Arvind Subramanian has resigned, to return to U.S.: Jaitley
by | Wednesday, June 20, 2018

CEA Arvind Subramanian has resigned, to return to U.S.: Jaitley

Jaitley suggested that the government was open to granting Subramanian an extension; he had already been given a one-year extension last October when his initial three-year term came to an end. He informed me t...More..

South Korean crypto exchange loses $31 million from hack
by | Wednesday, June 20, 2018

South Korean crypto exchange loses $31 million from hack

At a phase in which the local cryptocurrency exchange market of South Korea started to regain the trust of the public, Bithumb suffered a security breach, for the third time in 12 months. The virtual currency w...More..

by | Wednesday, June 20, 2018

Telstra to axe 8000 jobs over four years

Establishing a standalone infrastructure business unit to drive improved performance and create optionality for the future including a potential demerger or the entry of a strategic investor post-rollout of the...More..

Telstra axes 8,000 jobs as company moves to 'cut costs'
by | Wednesday, June 20, 2018

Telstra axes 8,000 jobs as company moves to 'cut costs'

Beneath it is an attempt to leverage the $3 billion investment in digitising its platforms it has been making to fundamentally change its retail offer, the way it interacts with its customers and the way it is ...More..

Rats chew through more than $20,000 of cash at Indian ATM
by | Wednesday, June 20, 2018

Rats chew through more than $20,000 of cash at Indian ATM

It is when repairmen reached the ATM to fix it, did they discover that cash worth Rs 12.38 lakh was reduced to smithereens by mice. Tinsukia Police said it received a complaint from officials of the local b...More..

Microsoft Facing Threats of Boycott for Collaboration with ICE
by | Wednesday, June 20, 2018

Microsoft Facing Threats of Boycott for Collaboration with ICE

As a company, Microsoft is dismayed by the forcible separation of children from their families at the border. According to Bloomberg data , Microsoft now has active ICE contracts worth $19.14 million. Micros...More..

Euro reforms will be backed by German coalition, lawmakers - Merkel
by | Wednesday, June 20, 2018

Euro reforms will be backed by German coalition, lawmakers - Merkel

But despite Trump's incorrect claims about migrants, German Chancellor Angela Merkel has been facing growing pressure over her immigration policies. "Seehofer's version is all about restoring law and order ...More..

China's Huawei blasts Australian security concerns amid Sino Canberra tensions
by | Wednesday, June 20, 2018

China's Huawei blasts Australian security concerns amid Sino Canberra tensions

Huawei is fighting back after it emerged that Australia could leave out the Chinese telco from its development of 5G mobile networks. Australia's relationship with top trading partner China faces a testing ...More..

Starbucks to close 150 locations in 2019
by | Wednesday, June 20, 2018

Starbucks to close 150 locations in 2019

Starbucks said it also will slow the growth of licensed stores in airports, supermarkets and other retail stores, reflecting criticism that the coffee-shop pioneer was expanding too rapidly. The company will hi...More..

Wyden: Verizon to stop selling customers' location
by | Wednesday, June 20, 2018

Wyden: Verizon to stop selling customers' location

AT&T , T-Mobile and Sprint followed suit Tuesday after The Associated Press reported the Verizon move. Days later, a Carnegie Mellon University security researcher discovered a security flaw in LocationS...More..

Man suspected of defrauding more than 1,000 Walmarts
by | Wednesday, June 20, 2018

Man suspected of defrauding more than 1,000 Walmarts

YPD suspects Frudaker removed parts of the computer before returning it. After authorities investigation further, they discovered the man did the same thing at thousands of other Walmart stores over an 18-mon...More..

by | Wednesday, June 20, 2018

GE to end more than 100-year run on Dow; Walgreens added

It had been a continuous member of the Dow since 1907. S&P Dow Jones noted that the Dow index is weighted by stock price, which means that GE accounts for less than one percent of the overall benchmark. Co-fo...More..

by | Wednesday, June 20, 2018

Trump accuses Canadians of smuggling US goods across border

While addressing the National Federation of Business in Washington, Trump told the crowd that Canadians are resorting to smuggling USA goods to avoid tariffs. Trump expressed hope about resolving the ongoing di...More..

Fox increases funding guarantee for Sky News in bid to seal takeover
by | Wednesday, June 20, 2018

Fox increases funding guarantee for Sky News in bid to seal takeover

That is on top of a formal commitment from Disney to preserve editorial independence at the news broadcaster. If the Fox purchase price rises due to the Disney-Comcast bidding war, then "Disney's value woul...More..

Dunkin' Donuts Sign Asks Customers To Snitch On Workers Not Speaking English
by | Wednesday, June 20, 2018

Dunkin' Donuts Sign Asks Customers To Snitch On Workers Not Speaking English

Dunkin' Donuts told the Sun in a statement that the store's general manager put it up "based on her own personal judgment" to deal with a "customer service and satisfaction issue". "However, he did admit to...More..

McDonald's rolls out paper straws in 1,361 outlets across UK & Ireland
by | Wednesday, June 20, 2018

McDonald's rolls out paper straws in 1,361 outlets across UK & Ireland

A 2015 YouTube video of a turtle whose head was impaled by a plastic straw has been watched more than 27m times. After a petition calling for the company to stop their use of plastic straws was started,...More..

Trump threatens extra tariffs on US$200b of Chinese goods
by | Tuesday, June 19, 2018

Trump threatens extra tariffs on US$200b of Chinese goods

But most economists, business leaders and trade experts on both sides of the aisle have cried foul, arguing that trade wars are a unsafe game that court hurt the economy at home and around the world. "This late...More..

Elon Musk warns Tesla staff about a possible saboteur in their ranks
by | Tuesday, June 19, 2018

Elon Musk warns Tesla staff about a possible saboteur in their ranks

His stated motivation is that he wanted a promotion that he did not receive. But in a separate email to staff, sent just after 9:30 a.m. on June 18, Musk branded the event "another odd incident that was hard ...More..

Trump Threatens China With Fresh Tariffs On $200 Billion Of Imports
by | Tuesday, June 19, 2018

Trump Threatens China With Fresh Tariffs On $200 Billion Of Imports

Cook also said that the trade deficit with China is overstated due to flaws in the way it is calculated. By slapping tariffs on trade between the two nations, Bardole says both countries are going to feel pai...More..

by | Tuesday, June 19, 2018

Amazon Prime launches in Australia, but shoppers won’t see same-day delivery

But the company, which has already disrupted Australia's retail market, has several of its own original shows including Golden Globe victor The Marvelous Mrs. Amazon Prime Video and Twitch Prime became availabl...More..

WH: Pres. Trump To Nominate Kathy Kraninger As Next CFPB Chief
by | Tuesday, June 19, 2018

WH: Pres. Trump To Nominate Kathy Kraninger As Next CFPB Chief

Mulvaney has steered the bureau in a more industry-friendly direction since he took over. The agency has been the focus of partisan fights since it was created by the Dodd-Frank Act after the 2008 financial cri...More..

by | Tuesday, June 19, 2018

Donald Trump Readies New Tariffs for China

Trump's latest salvo in a brewing trade war would mean a sizable amount of Chinese goods shipped to the US would be exposed to tariff threats and raises new questions about the impact on American consumers. Chi...More..

Chanda Kochhar to go on leave till probe gets over
by | Tuesday, June 19, 2018

Chanda Kochhar to go on leave till probe gets over

He will take over on June 19. Mr Bakhshi will report to Ms Kochhar, who will continue in her role as MD and CEO of ICICI Bank. A file photo of Chanda Kochhar , MD & CEO, ICICI Bank. Before joining ICICI Lomb...More..

Merkel, allies avert collision for now in German migrant conflict
by | Tuesday, June 19, 2018

Merkel, allies avert collision for now in German migrant conflict

But the rest of the European Union is now engaged in an unseemly squabble over refugees as the new anti-immigrant Italian government has drawn the ire of Prime Minister Macron of France by refusing docking righ...More..

Donald Trump readies $200 billion in China tariffs, citing 'unacceptable' policies
by | Tuesday, June 19, 2018

Donald Trump readies $200 billion in China tariffs, citing 'unacceptable' policies

Mr Trump said if China increases its tariffs again in response to the latest U.S. move, "we will meet that action by pursuing additional tariffs on another $200 billion of goods". The Japanese currency has not ...More..