Congress Bharat Bandh evokes mixed response; BJP calls it failure

Fuel prices vary from state to state due to taxes and it is the highest in Mumbai. The current situation is not entirely gloomy as it presents an opportunity for reform. Unlike the previous governments, the BJP has also failed to cut excise duty wh... More..

by | Published 14 days ago
by | Monday, September 10, 2018

Despite Trump's Suggestion, Ford Won't Produce This Vehicle In The US

In a letter to the US Office of Trade Representatives , Apple said the regulations would increase the price of its Apple Watch , Apple Pencil, Air Pods, MacMini, adapters, cables, chargers, manufacturin...More..

by | Monday, September 10, 2018

China promises to retaliate if United States imposes more tariffs

Trump tweeted on September 8 that Apple should build new manufacturing plants in the USA to avoid tariffs on Chinese imports that the United States government is planning to introduce. "The impact on exports ...More..

Andhra Pradesh Government Announces Reduction in Petrol, Diesel Prices by Rs 2
by | Monday, September 10, 2018

Andhra Pradesh Government Announces Reduction in Petrol, Diesel Prices by Rs 2

A recent report by news agency Press Trust of India (PTI) quoted a top government official as saying that the government will not cut excise duty on petrol and diesel to cushion spiralling prices, as it has lim...More..

Alibaba's Jack Ma to step down as chairman in 2019
by | Monday, September 10, 2018

Alibaba's Jack Ma to step down as chairman in 2019

Mr Ma is staying on as executive chairman for 12 months to "ensure a smooth transition" before handing over his role to chief executive officer Daniel Zhang, Alibaba said in a statement. He is a permanent membe...More..

Lyft enters scooter business with Denver launch
by | Monday, September 10, 2018

Lyft enters scooter business with Denver launch

Regulating where and how many people ride Bird Scooters in downtown Cincinnati was a topic at Wednesday's City Council meeting. Riders can pay an added fee of 15 cents a minute to reserve a scooter throug...More..

by | Monday, September 10, 2018

China's US trade surplus hit record high in August

The company told trade officials in a letter on Friday that the proposed tariffs would affect prices for a "wide range" of Apple products , including its Watch , but it did not mention the iPhone. Trump sai...More..

Elon Musk apparently smoked marijuana in live podcast; Tesla stock down
by | Monday, September 10, 2018

Elon Musk apparently smoked marijuana in live podcast; Tesla stock down

Tesla was not immediately available for comment - but investors apparently weren't giddy over the Musk toke. Running Tesla is his "hardest" job, he told Rogan. The chief accounting officer has left less th...More..

NB Loses 1100 Jobs, Unemployment Rate Jumps to 8.3 Per Cent
by | Monday, September 10, 2018

NB Loses 1100 Jobs, Unemployment Rate Jumps to 8.3 Per Cent

Stats Canada says unemployment did increase in Alberta but had no effect on the rate. Economists had expected an increase of 5,000 jobs for August. The agency said in its Labour Force Survey for August 20...More..

Les Moonves Stepping Down From CBS Amid Numerous Allegations of Sexual Assault
by | Monday, September 10, 2018

Les Moonves Stepping Down From CBS Amid Numerous Allegations of Sexual Assault

Activists railed against any potential exit compensation for Moonves on Sunday shortly after The New Yorker published its second report describing sexual harassment and assault allegations against the longt...More..

Canada loses over 51,000 jobs in biggest drop in nearly a decade
by | Sunday, September 09, 2018

Canada loses over 51,000 jobs in biggest drop in nearly a decade

Stats Canada says unemployment did increase in Alberta but had no effect on the rate. That pushed the unemployment rate up from 5.8 percent to 6.0 percent. Alberta's unemployment rate held steady at 6.7 per cen...More..

Les Moonves: CBS board reportedly offering CEO $100m exit package
by | Sunday, September 09, 2018

Les Moonves: CBS board reportedly offering CEO $100m exit package

During the company's August earning call, Moonves did not address the allegations and none of the Wall Street analysts on the call asked about it either. But I always understood and respected - and abided by th...More..

by | Sunday, September 09, 2018

Petrol price in Delhi crosses Rs 80 mark, diesel at highest ever

In the past month, prices of diesel have increased by almost Rs 4 per litre, and those of petrol by Rs 3 per litre. The price of diesel here is Rs 72.61 per litre, up by 10 paise. On Tuesday, former Finance M...More..

Cryptos fall off a major cliff as uncertainty mounts
by | Sunday, September 09, 2018

Cryptos fall off a major cliff as uncertainty mounts

Institutional money is considered by many as a trigger for next bull run in cryptos and this news meant there would be no much reason for traders to stay in the market in the short term. Securities & Exchan...More..

Ofgem sets proposals for new tariff price cap
by | Sunday, September 09, 2018

Ofgem sets proposals for new tariff price cap

Ofgem has today (6 September) outlined its plans for the energy price cap , due to be put in place by the end of December. 'Once the price cap is in place, all households in Great Britain covered by the cap ...More..

Ford recalling millions of trucks over fire concerns in seat-belt system
by | Saturday, September 08, 2018

Ford recalling millions of trucks over fire concerns in seat-belt system

According to the automaker, they have had 23 reports in Canada and the USA of smoke or fires in their F-150s. There have been no reports of injuries as a result. Rather than replacing the pretensioner itsel...More..

Trump tariffs fail as China’s trade surplus soars
by | Saturday, September 08, 2018

Trump tariffs fail as China’s trade surplus soars

Earlier this year, the Trump administration imposed a package of tariffs on $50bn of incoming Chinese-made parts used for "aerospace, information and communication technology, and machinery". "To a certain exte...More..

Burberry to stop burning unsold stock and selling real fur
by | Saturday, September 08, 2018

Burberry to stop burning unsold stock and selling real fur

Peta, the campaign group for the ethical treatment of animals, welcomed Burberry's move to stop using fur, which the fashion house's chief executive said was part of bigger shift and PETA said was a sign of t...More..

McDonalds poster prank goes viral
by | Saturday, September 08, 2018

McDonalds poster prank goes viral

McDonald's, however, did not indicate whether it meant to remove Maravilla and Toledo's photo. They chose to take matters into their own hands, adding more diversity to the location's décor. Whether Jev's pos...More..

Barack Obama gives speech today as he receives ethics award
by | Friday, September 07, 2018

Barack Obama gives speech today as he receives ethics award

But the former president also said the country finds itself at crossroads under Trump. "We are Americans: we're supposed to stand up to bullies, not follow them". That's how real change starts, Obama said. ...More..

US adds a strong 201K jobs; unemployment stays at 3.9 pct
by | Friday, September 07, 2018

US adds a strong 201K jobs; unemployment stays at 3.9 pct

U.S. job growth accelerated in August, with wages notching their largest annual increase in nine years, strengthening views the economy was so far weathering the Trump administration's escalating trade war wit...More..

With steepest hike in year today, petrol, diesel prices at record high
by | Friday, September 07, 2018

With steepest hike in year today, petrol, diesel prices at record high

In Mumbai, petrol cost Rs 86.91 per litre on Thursday, an increase of 19 paise. The present petrol and diesel prices in Bangalore are Rs 82.1 per litre and Rs 73.9 per litre while that in Chennai are Rs 82.6 pe...More..

Amazon and Bernie Sanders at it again: Sanders introduces 'Stop BEZOS Act'
by | Friday, September 07, 2018

Amazon and Bernie Sanders at it again: Sanders introduces 'Stop BEZOS Act'

He argues that if employers paid a living wage, taxpayers would save $ 150 billion a year on the government assistance programs, including food stamps, Medicaid and public housing. Barbara Lee of California,...More..

Goldman Sachs shelves plans to build a crypto trading desk
by | Friday, September 07, 2018

Goldman Sachs shelves plans to build a crypto trading desk

According to Business Insider , around 5:50 a.m. EST, Bitcoin , which was valued at $7,350 in the early hours of the east coast trading day, lost more than $200 in value in a matter of minutes, and within an h...More..

NAFTA negotiations resume after Trudeau criticizes rule-breaker Donald Trump
by | Thursday, September 06, 2018

NAFTA negotiations resume after Trudeau criticizes rule-breaker Donald Trump

Trade Representative Robert Lighthizer . "We need a dispute resolution mechanism", he said, adding: "We will hold firm on that". "We've been very clear that there are a number of things that we absolutely ...More..

by | Thursday, September 06, 2018

Goldman Sachs Reportedly Delaying Creation Of Crypto Trading Desk

Near 1400 GMT, the cryptocurrency was trading at around $7,000, down about five percent from Tuesday's level. Plans were in the works to get the desk ready by the end of June 2018. "At this point, we have n...More..

by | Thursday, September 06, 2018

Trump poised to tax an additional US$200B in Chinese imports

The consultation period on the new tariffs ends on Thursday, which means Donald Trump could sign off on them imminently. The goods-trade gap with China widened to a record US$36.8 billion on an unadjusted...More..

Mercedes unveils its first fully-electric SUV
by | Thursday, September 06, 2018

Mercedes unveils its first fully-electric SUV

Speaking at the launch, Dieter Zetsche , Chief Executive Officer at Daimler , said, "There is no alternative to betting on electric cars and we are going all in."A 10 billion euro investment was to be made in...More..

2nd warning from FDA: Don't eat Honey Smacks
by | Thursday, September 06, 2018

2nd warning from FDA: Don't eat Honey Smacks

Now- 130 confirmed infections in 34 states. The FDA tweeted an alert warning consumers to not buy the cereal, and to throw away any boxes which may be in homes. JUN 14, 2018 through JUN 14, 2019 Honey S...More..

Elon Musk Renews Attacks on British Diver, Calls Him a ‘Child Rapist’
by | Thursday, September 06, 2018

Elon Musk Renews Attacks on British Diver, Calls Him a ‘Child Rapist’

In explosive emails to BuzzFeed News , the Tesla chief once again claimed that Vernon Unsworth is a paedophile, and urged a reporter to " find out what's actually going on and stop defending child rapists...More..