Trump cancels Davos 'out of consideration for the 800000 great American workers'

The speaker would normally use a military plane for such a trip and the president appeared to be acting in his capacity as commander in chief. In a curt letter, Trump said her trip had been "postponed". troops in a war zone. Her office said Egypt w... More..

by | Published more than a month ago
Davos 2019: climate change causing most anxiety for business leaders, says report
by | Friday, January 18, 2019

Davos 2019: climate change causing most anxiety for business leaders, says report

In its Global Risks Report , a survey of about 1,000 experts and decision-makers, 91 per cent of respondents said that they believed economic confrontation between leading powers would increase this year, whil...More..

Shopko closing Dowagiac store, filing for bankruptcy
by | Friday, January 18, 2019

Shopko closing Dowagiac store, filing for bankruptcy

The company also announced another round of store closings, including its two Sioux Falls stores. Shopko was able to secure $480 million in financing from a lending group so it can pay its vendors and employe...More..

Les Moonves to challenge CBS' denial of $120M severance
by | Friday, January 18, 2019

Les Moonves to challenge CBS' denial of $120M severance

Moonves is demanding binding arbitration proceedings to challenge the decision, CBS announced in a filing Thursday with the Security Exchange Commission. The Moonves arbitration process could be another distrac...More..

Dishwasher awarded $21M after being forced to work on Sundays
by | Friday, January 18, 2019

Dishwasher awarded $21M after being forced to work on Sundays

He fired her when she refused, the Miami Herald reported. Pierre, a 60-year-old mother of six children, is a member of the Soldiers of Christ Church, a Catholic missionary group that helps the poor. The hot...More..

Tesla Slumps After Announcing 7% Staff Cut
by | Friday, January 18, 2019

Tesla Slumps After Announcing 7% Staff Cut

The memo posted on the company's website said that it hopes to post a "tiny profit" in the current quarter. Tesla's shares tumbled earlier this month after it cut vehicle prices by $2,000 and announced fourth...More..

Judge Denies Requests To Pay Federal Workers During Shutdown
by | Friday, January 18, 2019

Judge Denies Requests To Pay Federal Workers During Shutdown

The judge sympathized with the plaintiffs, but ultimately said he had to weigh the interests of the public as well as federal workers. Federal workers in Kansas furloughed because of the partial shutdown are ...More..

Take home a Tesla Model 3 at this year's Pwn2Own
by | Friday, January 18, 2019

Take home a Tesla Model 3 at this year's Pwn2Own

After all, since its first vehicle on the market, Tesla has been one of the most popular targets among hackers around the world: at one point researchers were able to take control of the instrument panel and ...More..

Mastercard's free trial rules likely to alter the subscription economy's playbook
by | Friday, January 18, 2019

Mastercard's free trial rules likely to alter the subscription economy's playbook

It has become standard practice among online subscription businesses to tempt people to sign up with a free trial, but start automatically and regularly charging fees when that period ends if the customer didn'...More..

Finance titan Jack Bogle is dead at 89
by | Friday, January 18, 2019

Finance titan Jack Bogle is dead at 89

Well known as Jack Bogle , he simplified investing for the masses by introducing the first index mutual fund for individual investors in 1976. He popularized and became the leading proponent of indexing, the p...More..

Chinese envoy to Canada warns against any future Huawei 5G ban
by | Friday, January 18, 2019

Chinese envoy to Canada warns against any future Huawei 5G ban

Separate allegations that Huawei could be spying on the behalf of Chinese intelligence agencies have resulted in the US prohibiting the use of its technology for government work, as well as barring it from inst...More..

Trump Cancels Administration's Davos Delegation Trip
by | Friday, January 18, 2019

Trump Cancels Administration's Davos Delegation Trip

The government shutdown has lasted 27 days as the president and congressional leaders are at a standstill. Trump postponing Pelosi's trip over the shutdown was itself seen as retaliation to her demanding the ...More..

Backing for US Border Wall Hits Record High
by | Friday, January 18, 2019

Backing for US Border Wall Hits Record High

To try to take some of the sting out of the shutdown, Trump planned to sign on Wednesday the "Government Employee Fair Treatment Act of 2019", which is legislation that would ensure that those federal worke...More..

Passengers banned for life from Royal Caribbean for jumping off balcony
by | Friday, January 18, 2019

Passengers banned for life from Royal Caribbean for jumping off balcony

One of his friends Konstantin Kryachun recorded the video and posted the full video which shows Naydev splashing into the water and wading. Naydev states that at the time he chose to jump that boat was now d...More..

Bitcoin X (CRYPTO:BTX) Price Hits $0.0037
by | Friday, January 18, 2019

Bitcoin X (CRYPTO:BTX) Price Hits $0.0037

An afternoon slide saw Bitcoin Cash ABC fall to an intraday low $124.05, calling on support at the first major support level at $124.19 before recovering to $125 levels by the day's end. Bitcoin X has a tot...More..

Microsoft Will Loan Up To $500 Million To Address Seattle's Housing Crisis
by | Friday, January 18, 2019

Microsoft Will Loan Up To $500 Million To Address Seattle's Housing Crisis

Cities in Washington state's Puget Sound region and San Francisco's Bay Area have seen steep rent and home-price increases in recent years as expanding technology firms spurred a population boom. Maybe you'...More..

Goldman Sachs reports higher 4Q profit
by | Friday, January 18, 2019

Goldman Sachs reports higher 4Q profit

Goldman Sachs Share Price for the previous year. Bank stocks drove Wall Street to a one-month high on Wednesday after strong earnings from Bank of America and Goldman Sachs, with a multi-billion dollar dea...More..

Job Creators Network: 'Grave Concern' over Bernie Sanders' $15 Minimum Wage Bill
by | Friday, January 18, 2019

Job Creators Network: 'Grave Concern' over Bernie Sanders' $15 Minimum Wage Bill

Lawmakers and Gov. Phil Murphy have reached a deal to increase the minimum wage to $15 an hour for most workers by 2024, NJBIZ has learned from a person close to the discussions, who requested anonymity on the ...More..

Gina Miller Urges Labour Frontbench To Back Second Brexit Referendum
by | Friday, January 18, 2019

Gina Miller Urges Labour Frontbench To Back Second Brexit Referendum

Mrs May did hold talks with Lib-Dem leader Sir Vince Cable, SNP Westminster leader Ian Blackford and Plaid Cymru's Liz Saville-Roberts late on Wednesday. May is expected to continue holding meetings on Friday...More..

Startups may soon get shield against angel tax demons
by | Thursday, January 17, 2019

Startups may soon get shield against angel tax demons

Startups , whose aggregate amount of paid up share capital and share premium does not exceed ₹10 crore after the proposed issue of shares, are eligible for angel tax exemption. They also exempted from submitt...More..

Verdi widens strikes on Tuesday on six airports
by | Thursday, January 17, 2019

Verdi widens strikes on Tuesday on six airports

Dusseldorf Airport confirmed to International Flight Network, that around two thirds of its 570 daily flight movements were cancelled. Smaller regional airports affected by the all-day strikes include Hanover...More..

by | Thursday, January 17, 2019

Huawei under investigation for allegedly stealing trade secrets

The investigation grew in part out of civil lawsuits against Huawei, including one in which a Seattle jury found Huawei liable for misappropriating robotic technology from T-Mobile's Bellevue, Wash., lab, the p...More..

What will a no-deal Brexit mean for pubs?
by | Thursday, January 17, 2019

What will a no-deal Brexit mean for pubs?

The 118 Conservative rebels included fervent Brexiteers like Boris Johnson and Jacob Rees-Mogg and former Brexit secretaries David Davis and Dominic Raab, as well as Remainers Anna Soubry and Dominic Grieve. Th...More..

China '18 trade surplus with U.S. at record $323B
by | Thursday, January 17, 2019

China '18 trade surplus with U.S. at record $323B

Past year again China's trade surplus with the United States rose to Dollars 323.32 billion in comparison with about USD 275.81 billion in 2017, according to the GAC figures. "China effectively tackled profound...More..

Sears staves off liquidation, stores to remain open
by | Thursday, January 17, 2019

Sears staves off liquidation, stores to remain open

Eddie Lampert's $5.2 billion bid rescued Sears from liquidation. The plan still must be approved by the bankruptcy judge in White Plains, New York, who is presiding over the court case. "In essence, its hand ...More..

Volkswagen to invest $800M, build electric vehicles at Tenn. plant
by | Wednesday, January 16, 2019

Volkswagen to invest $800M, build electric vehicles at Tenn. plant

Ford and VW have been discussing collaboration on electric and autonomous vehicles. In March 2018, Volkswagen announced an additional investment of $340 million in Chattanooga to build the five-seat version...More..

Teenager falls to his death while attempting to climb cruise ship balcony
by | Wednesday, January 16, 2019

Teenager falls to his death while attempting to climb cruise ship balcony

The cruise ship's medical staff performed CPR on Mercer, but he had suffered "major head trauma" and died of his injuries, the medical examiner's office said in a statement to the Sentinel. Royal Caribbean di...More..

Toronto tops in Canada for bed bugs, new list says
by | Wednesday, January 16, 2019

Toronto tops in Canada for bed bugs, new list says

Still, the ranking is not definitive, as other exterminator services like Terminex listed Charm City as No. 16 on a list of worst bed bug cities. Pest control company Orkin says it performed more bed bug trea...More..

Cathay Pacific sells steeply discounted premium flights, again
by | Wednesday, January 16, 2019

Cathay Pacific sells steeply discounted premium flights, again

Once again, Cathay Pacific will honor the tickets, with a statement from the airline confirming as much. The South China Morning Post (SCMP) reported that first-class tickets from Portugal to Hong Kong we...More..

Marks & Spencer to close store in Northern Ireland
by | Wednesday, January 16, 2019

Marks & Spencer to close store in Northern Ireland

The plans are part of M&S's programme to "reshape its United Kingdom store estate". Bosses said it had been a "difficult decision" and they were now consulting with colleagues on the proposed closure. Today M...More..