May heads to Brussels for Brexit crisis talks

At Tuesday's Cabinet meeting, ministers were being briefed by Brexit Secretary Stephen Barclay on his latest talks with Brussels as intensive efforts continue to resolve the deadlock over the Northern Ireland backstop. The Brexit deal negotiated be... More..

by | Published more than a month ago
by | Wednesday, February 20, 2019

EU's Juncker, May to meet Wednesday amid fears of Brexit extension

According to Juncker, a breakthrough in Wednesday's Brexit talks is "in God's hands", and added that an extension of Article 50 was an option to avoid a no-deal. Speaking to a gathering of British manufacturers...More..

Walmart Has Strong Holiday Quarter In Wake of Big E-commerce Push
by | Tuesday, February 19, 2019

Walmart Has Strong Holiday Quarter In Wake of Big E-commerce Push

Comparable sales excluding fuel were up 3.6%. Walmart was up 3.5% to $103.49 on Tuesday morning. Walmart, like rivals, made a big push to grab former Toys "R" Us shoppers during the holiday season, boosti...More..

Dollar General’s Baby Gripe Water recalled due to undissolved ingredient, citrus flavonoid
by | Tuesday, February 19, 2019

Dollar General’s Baby Gripe Water recalled due to undissolved ingredient, citrus flavonoid

Baby gripe water is administered orally to infants for relief of gas, colic and teething among other things. The company said it's received one report of a week-old baby having trouble swallowing the water, a...More..

Airbus to scrap A380 superjumbo production as sales slump
by | Tuesday, February 19, 2019

Airbus to scrap A380 superjumbo production as sales slump

Emirates Airlines, Airbus' chief client for the A380, will receive its last 14 models over the next two years, but also opted to order dozens of smaller A330-900 and A350-900 aircraft. "As much as we regret th...More..

'I like tariffs': Donald Trump threatens transatlantic trade war
by | Tuesday, February 19, 2019

'I like tariffs': Donald Trump threatens transatlantic trade war

Trump's potential move to impose 25 percent tariffs on imported autos and parts, saying it could add more than $2,000 to the average sticker price of a vehicle and cost thousands of jobs. Trump said on Friday ...More..

United Kingdom throws drowning Huawei a European lifeline
by | Tuesday, February 19, 2019

United Kingdom throws drowning Huawei a European lifeline

The UK will not need to ban Huawei's 5G kit, despite rumors that the company's hardware could pose a national security risk, reports have claimed. The U.K.'s National Cyber Security Centre (NCSC) has re...More..

Moses Lake, Wenatchee-area Payless ShoeSource stores to shutter
by | Monday, February 18, 2019

Moses Lake, Wenatchee-area Payless ShoeSource stores to shutter

So far, Payless itself has not commented on the news. Payless ShoeSource announced that the company will be shuttering thousands of its USA stores as it has been struggling to compete with other big-name br...More..

India Becomes Biggest Buyer of Venezuelan Oil After US Sanctions
by | Monday, February 18, 2019

India Becomes Biggest Buyer of Venezuelan Oil After US Sanctions

It had at that time bought about 6 million barrels of U.S. crude oil under single tender for delivery between November 2018 and January 2019. WTI prices also rose to their highest since November, at $56.13 pe...More..

Japanese vehicle manufacturer to SHUT Swindon factory — Honda
by | Monday, February 18, 2019

Japanese vehicle manufacturer to SHUT Swindon factory — Honda

He said he had spoken to Honda, and the company said the decision "is based on global trends and not Brexit as all European market production will consolidate in Japan in 2021". "This is to facilitate productio...More..

May asks European Union to help save Brexit as ministers revolt over no
by | Monday, February 18, 2019

May asks European Union to help save Brexit as ministers revolt over no

In her talks with EU leaders and European Commission President Jean-Claude Juncker she will be seeking to change the Irish backstop, one of the most contentious parts of the withdrawal agreement she agreed in...More..

Retailer Payless to file bankruptcy, close stores
by | Monday, February 18, 2019

Retailer Payless to file bankruptcy, close stores

On Friday, the chain said it will hold liquidation sales starting Sunday and wind down its e-commerce operations. Payless was established in 1956, based in Topeka, Kansas. In the meantime, Payless is preparin...More..

Will RBI hand over the crores that Centre wants?
by | Monday, February 18, 2019

Will RBI hand over the crores that Centre wants?

The cash support-handing about 120 million farmers with up to 2 hectares (4.9 acres) three payments of ₹2,000 per year-was Modi's last attempt at reversing fortunes after his Bharatiya Janata Party (BJP) lost c...More..

Payless is closing down its stores in the U.S.
by | Monday, February 18, 2019

Payless is closing down its stores in the U.S.

Liquidation sales, including in Salina, began on Sunday. While shoppers prefer to buy in-store, more people are shifting to shopping online as big boxes have a tough time competing with lower prices on places...More..

Berkshire's Buffett Buys Heavily into Suncor
by | Monday, February 18, 2019

Berkshire's Buffett Buys Heavily into Suncor

TORONTO/WINNIPEG, Manitoba (Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Thursday it had taken a fresh stake in Suncor Energy Inc for the second time in about six years, sending the USA -lis...More..

by | Monday, February 18, 2019

Bin collections to be guaranteed EVERY WEEK nationwide under new government plans

Many local authorities - including South Tyneside - have reduced the collection to fortnightly, with non-recycleable household waste (grey bin) collected one week, and recycleable waste (blue bin) the next. "Th...More..

by | Monday, February 18, 2019

United Kingdom security chiefs: Huawei risk in 5G can be contained

The conclusion, reached by the National Cyber Security Centre (NCSC), would "carry great weight" with European leaders, the Financial Times reported, citing a source. Separately, the UK's Department of Digita...More..

Brent oil hits 2019 high above $65
by | Monday, February 18, 2019

Brent oil hits 2019 high above $65

Brent's six-month calendar spread has swung into a backwardation of nearly 70 cents per barrel, from a contango of more than $1.50 late previous year, the strongest for nearly four months. "Brent should average...More..

JetBlue passenger charged with battery after spitting on, hitting passengers
by | Monday, February 18, 2019

JetBlue passenger charged with battery after spitting on, hitting passengers

Gonzalez is later seen asking a flight attendant what she did wrong. The baby was born on-board then met by emergency medical services when the plane landed, according to JetBlue. Police report that the atten...More..

Tesla rolls out 'dog mode' on cars with Autopilot 2+ hardware
by | Monday, February 18, 2019

Tesla rolls out 'dog mode' on cars with Autopilot 2+ hardware

The second new feature is called "Dog Mode", a setting that essentially leaves the air conditioning on even if the vehicle isn't running so any canine occupants left inside can keep cool on warmer days. If a mi...More..

Gone in a New York Minute: How the Amazon Deal Fell Apart
by | Monday, February 18, 2019

Gone in a New York Minute: How the Amazon Deal Fell Apart

They had a long list of grievances: the deal was done secretively; Amazon, one of the world's most valuable companies, didn't need almost $3 billion in tax incentives; rising rents could push people out of th...More..

Amazon leads investment in electric pickup maker Rivian
by | Monday, February 18, 2019

Amazon leads investment in electric pickup maker Rivian

The support of the world's leading online retailer signals potential for a partnership on delivery vehicles down the road. Terms of the investment were not disclosed, but the transaction involved unnamed, exi...More..

This AI Tool Scares the Crap Out of Elon Musk
by | Monday, February 18, 2019

This AI Tool Scares the Crap Out of Elon Musk

The Guardian's Alex Hern played with the system, generating a fake article on Brexit and a new paragraph for George Orwell's "1984". But for now, OpenAI has decided to only make available a smaller computing m...More..

Berkshire Hathaway Inc. (BRK.B) Analysts See $2.23 EPS
by | Friday, February 15, 2019

Berkshire Hathaway Inc. (BRK.B) Analysts See $2.23 EPS

This is calculated by taking the current share price and dividing by the share price at the specifiied time frame mentioned. If the ratio is greater than 1, then that means there has been an increase in price o...More..

Amazon to buy start-up Eero to help connect home devices
by | Friday, February 15, 2019

Amazon to buy start-up Eero to help connect home devices

Eero sells a $99 per year Plus subscription that offers ad blocking, threat detection, and family-safe browsing options. Y'know, as if Amazon needed to add anything else to its big portfolio of in-house devices...More..

Expensive Market, What To Buy? LendingClub Corporation (LC), Molson Coors Brewing Company
by | Friday, February 15, 2019

Expensive Market, What To Buy? LendingClub Corporation (LC), Molson Coors Brewing Company

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Truvestments Capital LLC acquired a new position in Molson Coors Brewing in the 3rd quarter valu...More..

Axios: More Media for Ocasio-Cortez Than 2020 Dem Candidates
by | Friday, February 15, 2019

Axios: More Media for Ocasio-Cortez Than 2020 Dem Candidates

When a country that values the freedom of speech as much as the USA begins to equate the use of funds with that fundamental right, well, that's how we end up in our current cesspit. "But we can be more progress...More..

Surprise! Get Ready For JP Morgan Coin (UPDATED 2)
by | Thursday, February 14, 2019

Surprise! Get Ready For JP Morgan Coin (UPDATED 2)

With the introduction of JPM Coin, there are many possible outcomes pertaining to the effect on crypto as payment. "JPM Coin is now designed for business-to-business money movement flows, and because we are...More..

NJ Presses National Enquirer's Hedge Fund Backer After Bezos Blackmail Claim
by | Thursday, February 14, 2019

NJ Presses National Enquirer's Hedge Fund Backer After Bezos Blackmail Claim

Bezos on Thursday accused American Media Inc (AMI), the Enquirer's owner, of trying to blackmail him with the threat of publishing "intimate photos" he allegedly sent to his girlfriend unless he said in p...More..

Fundstrat Releases 2019 Crypto Outlook
by | Thursday, February 14, 2019

Fundstrat Releases 2019 Crypto Outlook

He posted an introduction to the study and infographics that trace key market tendencies from 2017 to now. "We see 9 incremental improvements in the landscape that ultimately support higher prices." The r...More..