Business


Say Hello to the Nissan LEAF Open Car… Convertible! Say Hello to the Nissan LEAF Open Car… Convertible!
- May 27, 2018

Nissan's global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. In the European cycle NEDC range of the vehicle is 378 km, and on the WLTP, the average is 270 km. As part of Nissan M.O.V.E.to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world's best-selling all-electric vehicle in history, the Nissan LEAF. (more...)
Russia Weigh a Supply Boost by Ending Excess Cuts
- May 27, 2018

Brent crude, which serves as the price peg for Nigeria's petroleum exports, closed at $78.63 on Thursday, $1.37 less than the $80 three-year high it attained on May 17. Novak, speaking in St. Petersburg at an economic forum that is expected to be attended by Saudi Energy Minister Khalid al-Falih, said: "We have a common position". (more...)
Vancouver, Squamish pipeline challenges dismissed Vancouver, Squamish pipeline challenges dismissed
- May 27, 2018

However Justice Grauer found that "the consultation that took place was adequate, and ... it was reasonable and lawful, in the circumstances of this case, for the provincial Crown to rely on the [National Energy Board] assessment as the assessment for the British Columbia process". (more...)
Jury recommends $34m payout from J&J Jury recommends $34m payout from J&J
- May 27, 2018

Johnson & Johnson and its talc suppliers have been ordered to pay $27.1 million to a woman who claims asbestos-tainted Baby Powder caused her mesothelioma . The case of Bertila Boyd-Bostic, who died of a rare form of cancer in 2017 at the age of 30, is the latest in a series of trials in the United States that center around allegations that the company's talc-based powder contained asbestos. (more...)
NTSB: Self-driving Uber auto saw victim but wasn't programmed to brake NTSB: Self-driving Uber auto saw victim but wasn't programmed to brake
- May 27, 2018

In a previous letter addressed to Uber CEO Dara Khosrowshahi, Ducey described a video of the incident, in which the self-driving auto crashed into a 49-year-old woman, as "disturbing and alarming" and said that it "raises many questions about the ability to continue testing in Arizona ". (more...)
71.9% Indians say they will vote for Modi in 2019 71.9% Indians say they will vote for Modi in 2019
- May 27, 2018

Earlier in the day, the prime minister tweeted that for the government "it is always India first". The BJP , he said, had the distinction of giving a government free of corruption capable of "taking decisions for the poor and farmers". The government, he alleged, had destroyed agriculture, industries and harmony in the society. The Narendra Modi App has been a connectivity platform of choice for the prime minister who has often interacted with the masses as well as his party's ... (more...)
Truck drivers' strike continues to hit Brazil Truck drivers' strike continues to hit Brazil
- May 27, 2018

President Michel Temer said security forces would clear the roads if necessary. Luiz Antonio, a trucker who was striking outside of Rio de Janeiro on Friday, said he did not trust what had been negotiated in Brasilia. Brasilia, which is in the middle of the country, has been particularly hard hit because it gets fuel from lorries coming from the coast. Only two of Brazil's 27 states have not been affected by the stoppage. (more...)
Fight breaks out between passengers on American Airlines flight to Miami Fight breaks out between passengers on American Airlines flight to Miami
- May 27, 2018

Once the fight ended between the two, witnesses said the instigator's actions didn't improve. Buldoc says Felix was hitting his chair, yelling and swearing and even threatened to kill the passenger sitting next to him. An airline passenger on an American Airlines flight to Miami was arrested after he allegedly launched into a midair, profanity-laced tirade and traded punches with others on the plane who were trying to restrain him. (more...)
National Australia Bank says it will compensate customers for five-hour outage
- May 27, 2018

Batchelor said she was unsure just how many NAB customers had been affected - a detail that is likely to be examined in the bank's post-incident report. A power issue was to blame for a series of faults that hit the bank's mainframe in Melbourne, taking out its major services nationwide. He says it's still not clear when other services will be back up and running and that it may take some retailers time to reboot their systems. (more...)
Grayling promises to tackle Northern failures with clear performance plan Grayling promises to tackle Northern failures with clear performance plan
- May 27, 2018

There are now delays and cancellations on the Manchester - Blackburn - Clitheroe line, the Manchester Airport- Blackpool North as well as many others across the county. We have received a timetable recovery plan from Northern to address these concerns and improve the rail experience for passengers. A spokeswoman for Transport for the North said they are "extremely disappointed and concerned with the inadequate performance of Northern". (more...)
India trying to get resolution soon on rising fuel prices: oil minister India trying to get resolution soon on rising fuel prices: oil minister
- May 26, 2018

Central government's earning from the petroleum sector has gone up drastically. The rises are blamed on an increase in oil prices to above $80 (£60) a barrel, combined with a poor exchange rate for the pound. India is trying to get a resolution soon on tackling rising fuel prices, and the government is looking at both short-term and long-term solutions, said Oil Minister Dharmendra Pradhan on Thursday. (more...)
Record $106M Lotto Max in prizes up for grabs on Friday Record $106M Lotto Max in prizes up for grabs on Friday
- May 26, 2018

Since its launch in September 2009, Ontario Lotto Max players have won over $4.1 billion, including 57 jackpot wins and 412 Maxmillions prizes, right across the province. I don't know", Veronica, a lottery fan, told CTV Edmonton when asked on Thursday what she would do with a sum of prize money. If no one wins on Friday, another record-high prize could be broken with more Maxmillions being offered. (more...)
Elon Musk now wants to rate journalists, editors Elon Musk now wants to rate journalists, editors
- May 26, 2018

The members alleged that Musk had threatened to take away benefits from Tesla staff who meant to join the union. The union says Musk violated the National Labor Relations Act, which prohibits employers from making threats or promises to workers to discourage them from joining unions. (more...)
Unexpected airport arrival: Dog gives birth at Tampa International Unexpected airport arrival: Dog gives birth at Tampa International
- May 26, 2018

The family, the puppies and the parents missed the flight. The puppies were delivered by Tampa Fire Rescue, who chronicled the entire delivery on Twitter . No planes were delayed and all the puppies were successfully delivered. Van Atter's stepmother, Karen James of Bradenton, said they planned to get some rest and figure out how to drive the new litter back to Philadelphia. (more...)
The North Korea Summit The North Korea Summit
- May 26, 2018

We're talking to them right now. No one knows, including probably Trump himself, considering that the volatile President is practicing diplomacy-on-the-fly with an equally temperamental North Korean leader. Trump later tweeted that the summit, if it does happen, will likely take place on June 12 in Singapore as originally planned. "It's like throwing a wedding together kind of overnight", he said. (more...)
Fiat Chrysler recalls 4.8 million vehicles, tells drivers don't use cruise control Fiat Chrysler recalls 4.8 million vehicles, tells drivers don't use cruise control
- May 26, 2018

FCA says customers with vehicles covered by the recall should avoid using cruise control until the software in their vehicle is upgraded. According to Fiat Chrysler, no crashes or injuries have been recorded in relation to the cruise control problem. (more...)
Netflix Now More Valuable than Disney, Comcast Netflix Now More Valuable than Disney, Comcast
- May 26, 2018

The advance underscores the high confidence investors have in the future of the world's largest paid online video service. On Wednesday, Netflix's market cap surpassed that of Comcast , the cable and media giant that's poised to start a bidding war with Disney to acquire 21st Century Fox assets . (more...)
Crypto markets stabilize; USA launches criminal probe into alleged bitcoin price manipulation Crypto markets stabilize; USA launches criminal probe into alleged bitcoin price manipulation
- May 26, 2018

The investigation is focused on illegal practices that can influence prices - such as spoofing , or flooding the market with fake orders to trick other traders into buying or selling, said the people, who asked not to be identified because the review is private. (more...)
Expect traffic, higher gas prices this Memorial Day weekend Expect traffic, higher gas prices this Memorial Day weekend
- May 26, 2018

On the other side of the U.S., CT and MI lead the pack of the most expensive states, with prices of $3.145 and $3.133, respectively. "I don't think they should raise the price of gas up with the holiday coming up", Tyson said. That's where crude oil comes into play. Gas is the highest it has been since 2014, though it's still far below 2008's record $4.11. It's up about 50% over the past year. (more...)
Dollar firmer ahead of Fed minutes; Turkish lira tumbles Dollar firmer ahead of Fed minutes; Turkish lira tumbles
- May 26, 2018

There was no interest rate hike at the May meeting, but policy makers debated the threat of inflation and acknowledged trade-related uncertainties. "Policymakers disagree on where the neutral funds rate is and, therefore, how much more tightening will be necessary, but for now there's broad agreement that the "gradual" normalization can continue", says Ian Shepherdson, chief U.S. (more...)
Tesla's Elon Musk bashes media, proposes credibility check Tesla's Elon Musk bashes media, proposes credibility check
- May 26, 2018

Tricky situation, as Tesla doesn't advertise, but fossil fuel companies & gas/diesel auto companies are among world's biggest advertisers", Musk tweeted. In his tweet, Musk also defended Tesla's safety record, arguing, "Our safety record is 2X better than when plant was UAW & everybody already gets healthcare". (more...)
Wesfarmers to sell UK Bunnings business facing a $400 million loss Wesfarmers to sell UK Bunnings business facing a $400 million loss
- May 26, 2018

Marking the end to a sorry chapter in the DIY giant's recent history, Richard Lim, of consultancy Retail Economics, said that the Wesfarmers takeover had been an "unbelievable disaster" due to "woeful management decisions, clumsy execution and a misguided perception of the United Kingdom market". (more...)
Authorities positively identify 'small body' found in Harvey Co. as Lucas Hernandez Authorities positively identify 'small body' found in Harvey Co. as Lucas Hernandez
- May 26, 2018

Her bond is set at $250,000. Lucas has been missing since February 17. Marshburn is from Smithfield, North Carolina and he was hired by the father of Lucas, Jonathan Hernandez. The Sedgwick County juvenile court document indicated the state of Kansas was told at least twice that Lucas was being abused and was living in a dysfunctional and violent situation. (more...)
S. Korea seeks to encourage direct communication between Trump, Kim S. Korea seeks to encourage direct communication between Trump, Kim
- May 26, 2018

Trump did react to an overnight statement from the Kim government in which it praised Trump for even being willing to hold one-on-one talks. May 25: North Korea says it's still willing to sit for talks with the United States "at any time, (in) any format". (more...)
Oil price retreats on potential supply boost
- May 25, 2018

Only Russia produces more, at about 11 million bpd. The Organization of the Petroleum Exporting Countries may decide in June to lift output to make up for reduced supply from crisis-hit Venezuela and Iran, which was stung by the US decision to withdraw from the nuclear arms control deal, OPEC and oil industry sources told Reuters . (more...)

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