Business


Apple Sets $300 Million Clean Energy Fund for China Amid Trade Tensions Apple Sets $300 Million Clean Energy Fund for China Amid Trade Tensions
- July 14, 2018

Apple ( AAPL ) is partnering with 10 of its global suppliers for the fund, whose investments aim to generate enough renewable energy to power the equivalent of almost one million homes in China. Apple's policies need to be an industry standard, however, and less of an isolated exception worthy of comment. By 2020, Apple hopes to create 4 gigawatts of renewable energy across the world, it added. (more...)
Microsoft urges government to regulate facial recognition tech Microsoft urges government to regulate facial recognition tech
- July 14, 2018

Microsoft Corp., which has come under fire for a US government contract that was said to involve facial recognition software, said it will more carefully consider contracts in this area and urged lawmakers to regulate the use of such artificial intelligence to prevent abuse. (more...)
Coinbase Explores Adding 5 New Altcoins: Cardano, BAT, Stellar, Zcash, and 0x Coinbase Explores Adding 5 New Altcoins: Cardano, BAT, Stellar, Zcash, and 0x
- July 14, 2018

Coinbase , the popular cryptocurrency wallet and exchange , announced today that it is now exploring adding five new cryptocurrencies to its trading products, including Cardano (ADA ), Basic Attention Token (BAT ), Stellar Lumens (XLM ), Zcash (ZEC ) and 0x (ZRX ). (more...)
Ryanair passengers hospitalised after emergency landing Ryanair passengers hospitalised after emergency landing
- July 14, 2018

Thirty-three of 189 passengers on the flight from Dublin to Zadar, Croatia , were treated in hospital, some for bleeding from their ears, said German police. After the hairy moment, passengers apparently had to wait until Saturday morning for another flight - but to make matters worse there was then a shortage of accommodation, leaving many stranded in Frankfurt-Hahn airport with "no place to rest". (more...)
McDonald's restaurants in ND, MN stop salad sales after parasite outbreak McDonald's restaurants in ND, MN stop salad sales after parasite outbreak
- July 14, 2018

Several outbreaks have occurred in the United States in the past several years, especially during the summer months, that have been linked to imported fresh produce including raspberries, basil, snow peas, and lettuce. According to the Iowa Department of Health, " cyclospora is a parasite commonly found in developing countries, but in the past several years, several outbreaks have occurred in the US, especially during the summer months". (more...)
Ryanair pilot strike could affect holiday flights Ryanair pilot strike could affect holiday flights
- July 14, 2018

The 24-hour action will take place on 12 July, and could affect holidaymakers during the busy summer period. Some 120 union members, majority captains, are directly employed by Ryanair and able to strike, a spokesman for the union said. Ryanair has described the demands as "pointless" and says cabin crew get sick pay, a 400-euro annual uniform allowance and could earn up to 40,000 euros a year. (more...)
Pilot strike action: 30 Ryanair flights cancelled on Thursday Pilot strike action: 30 Ryanair flights cancelled on Thursday
- July 14, 2018

All flights between Ireland and European airports will take off as normal. Pilots are asking for a change in seniority rules so that those who have worked at Ryanair the longest would be eligible for first option on base transfers and annual leave. (more...)
US Lifts Ban on Suppliers Selling to China's ZTE US Lifts Ban on Suppliers Selling to China's ZTE
- July 14, 2018

The senators not only requests that the penalties be reinstated, but that the US henceforth prohibit all government and military personnel from "using or procuring equipment from, or entering into contracts with ZTE or Huawei", because of the potential espionage threat which the companies pose. (more...)
Justice Department Appeals Approval Of Time Warner AT&T Merger Justice Department Appeals Approval Of Time Warner AT&T Merger
- July 14, 2018

Leon hadn't imposed any conditions on the deal, meaning AT&T wouldn't be required to divest of any of Time-Warner's properties, and at the time urged the Justice Department not to seek a stay. As you might expect, it didn't take long for AT&T to respond. That plan got a serious rebuke with Judge Leon's ruling last month that the merger did not violate antitrust laws. (more...)
Tata Reportedly Pulls The Plug On Nano Tata Reportedly Pulls The Plug On Nano
- July 14, 2018

However, this does make the future of the Tata Nano quite uncertain as the automaker could eventually stop making the vehicle altogether if demand drops. The cars were also plagued with mechanical issues and despite being a cheap vehicle did not grab middle-class families. Tata described the Nano as its "people's car" back when the compact four-door model first arrived. (more...)
Build-A-Bear Workshop's 'Pay Your Age' Deal Canceled Amid Chaos Build-A-Bear Workshop's 'Pay Your Age' Deal Canceled Amid Chaos
- July 14, 2018

Build-A-Bear closed lines at all its USA stores a few hours after the promotion started, citing "crowd and safety concerns". In a second Facebook at 9 a.m. - A special promotion at Build-A-Bear Workshops Thursday is causing chaos at malls around the country. The popularity of the event brought massive lines and crowds to locations nationwide. (more...)
Johnson & Johnson ordered to pay billions in talc cancer case Johnson & Johnson ordered to pay billions in talc cancer case
- July 14, 2018

The affected women claim that Johnson & Johnson's Baby Powder and Shower to Shower products have been laced with cancer-causing asbestos "for decades". Aside from ovarian cancer lawsuits, jurors have hit the company with verdicts in mesothelioma cases in recent months as well. While certainty about talc's real risks remains evasive, Temkin reminds her patients that "ovarian cancer is still a very rare event", and that it's best to speak to your physician about your individual risk factors. (more...)
Greyhound Canada will no longer provide bus services in B.C. Greyhound Canada will no longer provide bus services in B.C.
- July 14, 2018

Western's Canada's transportation ministers say they will be looking to the federal government for assistance, following a meeting to talk about Greyhound's decision to withdraw service. Joe Hargrave said his government - which axed the STC previous year - had seen an industry-wide decrease in bus ridership. "If Greyhound can't make it work, I don't know who can", he said. (more...)
Kenya Ranked 3rd in Global Innovation Index in Sub-Saharan Africa Kenya Ranked 3rd in Global Innovation Index in Sub-Saharan Africa
- July 13, 2018

The latest GII rankings , released in NY on Tuesday, put India at 57th position and China at 17th in 2018 as compared to their last year's rankings of 60th and 22nd respectively, giving insight into their innovation capabilities and results. (more...)
Profits up 9 pct in 2018 says UK homebuilder Barratt Profits up 9 pct in 2018 says UK homebuilder Barratt
- July 13, 2018

Conditions in central London proved better than expected in the last couple of months, the housebuilder said, putting to rest some fears that the housing market in the capital was slowing. "House price growth is moderating, and interest rates look like they might be going up soon too". The stock of Barratt Developments plc (LON:BDEV) earned "Buy" rating by Canaccord Genuity on Wednesday, February 21. (more...)
Oil price bounces back over International Energy Agency fears of supply problems
- July 13, 2018

At 0900 GMT, September West Texas Intermediate crude oil futures are trading $68.98, down $0.37 or -0.55 percent and September Brent crude oil futures are at $73.82, down $0.63 or -0.86 percent. The IEA warned that spare capacity may be stretched as OPEC and Russian Federation increase production. Oil prices steadied on Thursday after sharp losses the previous session as the International Energy Agency (IEA) said the world's oil supply cushion "might be stretched to the limit" due to ... (more...)
China claims Trump's trade actions make USA 'enemy to all' China claims Trump's trade actions make USA 'enemy to all'
- July 13, 2018

China's exports rose 11.3% in June from a year earlier, compared with a 12.6% increase in May, customs data showed. David Kuo, chief executive of the Motley Fool Singapore, said "US tariffs will increase the cost of Chinese imports but they are unlikely to deter U.S. (more...)
Trump says committed to North Atlantic Treaty Organisation as allies agree to boost defense spending Trump says committed to North Atlantic Treaty Organisation as allies agree to boost defense spending
- July 13, 2018

Add Donald Trump as an interest to stay up to date on the latest Donald Trump news, video, and analysis from ABC News. Trump declared that a joint natural gas pipeline venture with Moscow has left Angela Merkel's government "totally controlled" and "captive to Russian Federation". (more...)
North Atlantic Treaty Organisation goes to emergency session after Trump reportedly gets undiplomatic with Merkel North Atlantic Treaty Organisation goes to emergency session after Trump reportedly gets undiplomatic with Merkel
- July 13, 2018

The president said he would raise the issue of Russian meddling in the USA election. Mr. Trump's comments came ahead of his summit on Monday with Russian President Vladimir Putin in Helsinki, though the Kremlin said they were unlikely to have an impact on what was always going to be a hard meeting due to the number of disagreements between the two countries. (more...)
Kremlin Accuses Trump of Trying to Bully Europe to Buy American Energy
- July 13, 2018

As representatives from the alliance's 29 member states return to their respective countries - or, in the case of U.S. president Donald Trump , travel on to meet his Russian and British counterparts - the participants will all be trying to make sense of what happened. (more...)
Trump Says 'No Problem' In NATO, Touting Allies' Spending Pledges
- July 13, 2018

He also said meeting the queen would be an experience Trump "will really cherish". "I'm a very stable genius", Trump said . The French President said: There is a communique that was published yesterday. Trump said there had been "tremendous progress" after his "firm" warnings during the tense two-day meeting in Brussels , during which he singled out Germany for special criticism. (more...)
ZTE cleared to resume United States operations ZTE cleared to resume United States operations
- July 13, 2018

A person familiar with the matter said the escrow payment should be completed within a day. But the company is said to be facing at least $3 billion in total losses from a months-long moratorium that choked off the chips and other components needed to make its networking gear and smartphones. (more...)
Setting out vision for future ties, May presses Brexit plans Setting out vision for future ties, May presses Brexit plans
- July 13, 2018

It would also avoid border checks between British Northern Ireland and European Union member Ireland. "If they do a deal like that, we would be dealing with the European Union instead of dealing with the United Kingdom , so it will probably kill the deal", he said. (more...)
June retail inflation hits 5-month peak of 5%, industrial growth slows June retail inflation hits 5-month peak of 5%, industrial growth slows
- July 13, 2018

Consumer food price inflation, a metric to gauge changes in monthly kitchen costs, growth slowed to 2.91 percent in June from 3.10 percent in May, but still increased from (-) 2.12 percent in June 2017. Americans hate paying higher prices. In 2018, retail prices of petrol have climbed 9.4 percent and diesel by 14.3 percent in the capital, Delhi. Global oil prices, which have risen more than 20 per cent this year and almost 13 per cent in June, was a major factor behind higher inflation in ... (more...)
Bank of Canada raises benchmark interest rate to 1.5 per cent Bank of Canada raises benchmark interest rate to 1.5 per cent
- July 13, 2018

Poloz made the call even though he warned the economy should brace for larger impacts from mounting trade uncertainty. Poloz recently said the impacts of the U.S. "We need to base our decision on what we actually know", he said. It was reasonable to think at the beginning of the year that the unknowns surrounding NAFTA talks could pause business investment and lead to a decline in activity, he said. (more...)

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