Business


XRapid, Ripple’s product to go Live ‘in the next month or so’ XRapid, Ripple’s product to go Live ‘in the next month or so’
- September 21, 2018

To date, over a hundred financial institutions including banks have partnered with Ripple to use the blockchain's xCurrent platform. Sarbhai stated in his interview , "I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production". (more...)
This pizza-testing job pays $1K a day This pizza-testing job pays $1K a day
- September 21, 2018

If getting paid to eat pizza is your idea of a dream job, we hope you're sitting down. "These roles will be a unique mix of recipe development, product testing and brand ambassadorship - pizza, pizza, and more pizza!" The positions pay between $300 to $1,000 a day, with the rate based on experience and how much time can be invested. (more...)
Tesla Model 3 earns flawless 5-Star safety rating from NHTSA Tesla Model 3 earns flawless 5-Star safety rating from NHTSA
- September 21, 2018

As a result, the Model 3 landed its Consumer Reports recommendation. The photo below showcases a Model 3 post side-testing, a test which "simulates an intersection collision between a standing vehicle and moving barrier at 38.5 mph" and takes account of how both the driver and rear passengers fare. (more...)
Ontario MP Leona Alleslev ditches Liberals, crosses floor to Tories — NewsAlert Ontario MP Leona Alleslev ditches Liberals, crosses floor to Tories — NewsAlert
- September 21, 2018

Haluza said Alleslev's decision is one he and countless Liberal volunteers are struggling to understand, especially after they gathered more than 100 signatures in the spring to ensure she could fly the Liberal flag in 2019. Alleslev called the Liberal riding team an "honourable and committed" group of volunteers, but added she hopes they were working for her because "they truly believed I was the best person to represent them in Ottawa". (more...)
Brexit talks are running out of time, top European Union official warns Brexit talks are running out of time, top European Union official warns
- September 21, 2018

The British government argues Brussels' alternative plan, which would see Northern Ireland remain in the customs union until a new arrangement could be agreed, would effectively create a border between the North and the rest of the United Kingdom - something the PM has said she could not accept. (more...)
European Union leaders react to May's Brexit deal European Union leaders react to May's Brexit deal
- September 20, 2018

They've spent two days in Salzburg trying to do just that, but with no clear solution in sight, the sides have tried to ramp up pressure on each other. "Our white paper remains the only serious and credible proposal on the table for achieving that objective", she said. It's happening because the British people decided in a vote in 2016 that the United Kingdom should leave the EU. (more...)
Amazon's first Chicago store opens today Amazon's first Chicago store opens today
- September 20, 2018

The new store, in Chicago, started its first day of business on Monday, with a busy stream of customers scanning an app on their smartphones when they enter the store and then leaving without having to go through check out. Why it matters: Amazon's cashier-free Go stores are a neat concept but it'll be interesting to see whether or not Amazon can demonstrate the effectiveness of the model at scale, especially once the novelty wears off. (more...)
This Banking Giant Just Partnered with Ripple
- September 20, 2018

PNC's move to utilize blockchain technology to process global transfers comes amidst a widespread movement for banks and financial institutions to switch to blockchain in order to stay competitive, and to transition away from the inefficiencies that are inherent with the current settlement systems. (more...)
Japan's oil refiners temporarily halt Iranian loadings on sanctions threat: PAJ Japan's oil refiners temporarily halt Iranian loadings on sanctions threat: PAJ
- September 20, 2018

New Delhi has said that technical configuration of many refiners makes it dependent on Iran . Many refiners in Japan, the world's fourth-biggest oil consumer, say they are resigned to completely halting imports from one of their historically important suppliers, unlike during a previous round of sanctions when they only reduced imports from Iran. (more...)
Oil prices slip after Trump criticizes OPEC
- September 20, 2018

Brent crude oil was down 20 cents at $79.20 a barrel by 1340 GMT. US light crude oil was up 30 cents at $71.42 a barrel after rising almost 2 percent on Wednesday. "Brent is definitely fighting the $80 line, wanting to break above", said SEB Markets chief commodities analyst Bjarne Schieldrop. "But this is likely going to break very soon". (more...)
Cannabis stock is so hot it's smoking Cannabis stock is so hot it's smoking
- September 20, 2018

A spike in the Canadian cannabis company's stock price in recent days has made it the most valuable publicly traded pot company on the planet, with a market capitalization of almost $20 billion. Kennedy noted that Tilray's IPO was just two months ago, although he added that he's always looking for ways to raise capital. The company and a researcher at the University of California San Diego where the clinical study is taking place believe this is the first time a Canadian licenced company ... (more...)
12yo girl admits to putting needles in strawberries 12yo girl admits to putting needles in strawberries
- September 20, 2018

The news follows Australian Prime Minister Scott Morrison's warning to copycat perpetrators that they would face harsh penalties under the legislation he would introduce Thursday. "A member of the public today presented at York Police Station to report his concerns that a needle had been in a punnet of strawberries", the Western Australian police said in a statement. (more...)
EU warns Britain to ‘rework’ Brexit plans EU warns Britain to ‘rework’ Brexit plans
- September 20, 2018

And she has said she will not accept an EU proposal that would keep Northern Ireland in a customs union with the bloc if there is no other plan in place to prevent a hard border across the island of Ireland. How to avoid border checks, involving the return of physical infrastructure for customs and standards when the United Kingdom leaves the EU's single market and customs union, remains unresolved. (more...)
Indian flight grounded as air pressure mix-up causes mass bleeding Indian flight grounded as air pressure mix-up causes mass bleeding
- September 20, 2018

In a major lapse, Jet Airways had to turn back shortly on Thursday morning after passengers suffer through the nose and ear bleeding allegedly over a weird mistake by the crew. All the passengers were treated at the Mumbai airport, but five of them were taken to Dr Balabhai Nanavati Hospital for a medical check where doctors said they suffered from mild conductive deafness, PTI reported. (more...)
Coles, Woolworths milk prices rise to help drought-stricken farmers Coles, Woolworths milk prices rise to help drought-stricken farmers
- September 20, 2018

Customers will be able to purchase the Drought Relief range which will have been sourced directly from farmers in affected areas. "Everybody knows that we're all underpaid by about 20 per cent, the value of milk is quite poor and all the farmers need the money now and the supermarkets have been holding off". (more...)
Amazon's store expansion is beyond flawless for introverts Amazon's store expansion is beyond flawless for introverts
- September 20, 2018

It would mark the latest example of Amazon's rapidly growing e-commerce, cloud computing and, now, advertising empires - as the firm's online advertising business gets closer to overshadowing the likes of Google and Facebook . Amazon is targeting dense urban areas with lots of young, busy, affluent residents willing to spend a little more than a typical fast-food experience for better quality food, the people said. (more...)
Jack Ma says he can't create 1 million United States jobs after all
- September 20, 2018

In this January 9, 2017 photo, then President-elect Donald Trump stands with Alibaba Executive Chairman Jack Ma as they walk to speak with reporters after a meeting at Trump Tower in NY. In April, Mr Ma doubled down on his pledge, claiming 10 million jobs could be created "if China and the U.S. maintain good trade relations". "Trade is not a weapon and can not be used for wars", he added. (more...)
Trump to visit North Carolina as governor urges residents to be patient
- September 20, 2018

Back in North Carolina, during a briefing at a Marine air station there, Trump did seem concerned about one part of the state. You're going to need it. The President said the federal government would do everything necessary to ensure recovery. Even though Florence was downgraded into a tropical depression, officials say conditions are still risky. (more...)
Coke eyes cannabis-infused drink market Coke eyes cannabis-infused drink market
- September 20, 2018

Trading in Aurora shares was halted pending the comments by the company. Coca-Cola may be looking into a new ingredient. " The space is evolving quickly", Coke spokesman Kent Landerstold the wire service. Aurora released an official statement Tuesday saying it does not have an agreement in place with any beverage companies, and confirmed that it has engaged in exploratory discussions with a number of firms. (more...)
How this Air India pilot saved lives of 370 passengers How this Air India pilot saved lives of 370 passengers
- September 20, 2018

TCAS and ILS refers to Traffic Collision Avoidance System and Instrument Landing System , respectively. The ILS becomes more crucial in bad weather conditions such as the ones faced by the pilots of AI-101, when they could not visually estimate an approach because of heavy cloud cover. (more...)
Tesla confirms federal probe over Musk tweets, sending shares lower
- September 20, 2018

Department of Justice for Elon Musk's claims on Twitter that he was taking Tesla private, with " funding secured ". The company said it was co-operating and that the matter "should be quickly resolved". The criminal inquiry is in its early stages, one of the people familiar with the matter said. The SEC likely would pursue a civil remedy that would include a provision that someone at Tesla review Musk's tweets on corporate matters before they are sent out, he said. (more...)
Oil prices edge up as supply concerns outweigh U.S. stockpile gains Oil prices edge up as supply concerns outweigh U.S. stockpile gains
- September 19, 2018

US West Texas Intermediate (WTI) crude was down 15 cents, or 0.22 percent, at $68.76 per barrel. Supporting crude futures were potential supply cuts from USA sanctions on Iran. OPEC and non-OPEC producers Russian Federation started withholding oil supplies in 2017 to end a global glut and prop up prices. The producer group said in June that it would agree to some supply increases starting in July, though the specific targets were not announced at the time. (more...)
Amazon makes headway in breaking up Facebook and Google's digital ad duopoly Amazon makes headway in breaking up Facebook and Google's digital ad duopoly
- September 19, 2018

EMarketer is predicting that Amazon's mobile ad revenue will surge to $2.9 billion next year and $4.8 billion by 2020. A caveat: A big reason that Amazon's ad revenue is showing huge growth is because of an accounting change, effective January 1, 2018, under which the company's advertising services are now classified as revenue rather than cost of sales. (more...)
DUP rejects Barnier bid to solve Ireland border obstacle to Brexit progress DUP rejects Barnier bid to solve Ireland border obstacle to Brexit progress
- September 19, 2018

The President of the European Council, Donald Tusk, will chair the meeting. At a summit dinner at the Felsenreitschule theater - known to film fans for a scene in the musical "The Sound of Music" - May will make another pitch for support for her Chequers plan, named after her country residence where a deal was hashed out with her ministers earlier this year. (more...)
We’re ready to come up with a better backstop proposal — European Union negotiator
- September 19, 2018

The Migration Advisory Committee report, which was commissioned in July 2017, is likely to inform the contents of the government's immigration white paper - something that will in turn heavily influence the UK's negotiation strategy with the EU. (more...)

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