Business


Delta to no longer allow emotional-support animals on long flights Delta to no longer allow emotional-support animals on long flights
- December 12, 2018

According to the act, airlines can determine if an animal is a service animal through the "verbal assurances of an individual with a disability using the animal, looking for physical indicators such as the presence of a harness or tags, requiring documentation for psychiatric support animals and emotional support animals , and observing the behavior of animals". (more...)
Will uphold RBI’s credibility and autonomy during my tenure: Shaktikanta Das Will uphold RBI’s credibility and autonomy during my tenure: Shaktikanta Das
- December 12, 2018

This was his first public statement since assuming charge as the RBI Governor on Tuesday. In the past few months, the country has witnessed mounting differences between the RBI and the ruling government that reportedly is one of the reasons for former RBI governor Urjit Patel's resignation. (more...)
Saudi Arabia To Cut Oil Exports By 1 Million Bpd Next Month Saudi Arabia To Cut Oil Exports By 1 Million Bpd Next Month
- December 12, 2018

Non-OPEC oil-producing states, such as Russian Federation - one of the world's largest oil producers - will reduce its output by 400,000 barrels per day (bpd), as part of efforts to drive up the price of crude. According to PVM, investors have pulled almost $50 billion out of the two major crude oil futures contracts since the latest rout started in October. (more...)
Road flooded with chocolate after storage tank leakage Road flooded with chocolate after storage tank leakage
- December 12, 2018

In what has been described as a "small technical defect" the liquid chocolate oozed out of the tank, out of the factory and onto a road where it solidified. About a tonne of chocolate trickled out from the nearby factory but, despite the spill, locals won't have to worry about a chocolate-free Christmas. (more...)
Australia challenges Google, Facebook market power, calls for increased consumer choice Australia challenges Google, Facebook market power, calls for increased consumer choice
- December 12, 2018

CEO of social media marketing platform ShareRoot, Noah Abelson-Gertler, pointed out the findings of the ACCC surrounding Facebook and Google's dominance is not news to consumers and citizens worldwide. Peter Miller, CEO at NewsMediaWorks, said there are several recommendations in the preliminary report that go to evening up the landscape, such as the strengthening of requirements around the collection and use of personal information - which he previously describes as "a shambles". (more...)
CEO Sundar Pichai says Google has 'checks and balances' against bias CEO Sundar Pichai says Google has 'checks and balances' against bias
- December 11, 2018

Pichai denied accusations of bias in his remarks Tuesday. "You sold this country out", Jones shouted at Pichai. "We make sure we do so in a non-partisan way." "I lead this company without political bias and work to ensure that our products continue to operate that way", the India-born Pichai said in a prepared statement. (more...)
Complaints about metal pieces in Jimmy Dean sausage prompt recall Complaints about metal pieces in Jimmy Dean sausage prompt recall
- December 11, 2018

The frozen, ready-to-eat sausage links were produced and packaged on August 4. These have the establishment number "EST". The problem was discovered Monday, Dec. To find out if products you own have been recalled, check the package. That means they believe there is a reasonable danger that the product could cause serious damage to your health, or death if eaten. (more...)
Theresa May pulls plug on UK Brexit vote Theresa May pulls plug on UK Brexit vote
- December 11, 2018

But if she was really expecting any substantial results from that meeting, why ask Parliament to move forward with a vote tomorrow to begin with? The message from Europe was clear: It will give clarifications but not countenance reopening the treaty. (more...)
Finance minister slams France’s ‘yellow vest’ protests as disaster for economy Finance minister slams France’s ‘yellow vest’ protests as disaster for economy
- December 11, 2018

Diesel prices have risen by about 23% over the past 12 months - and Mr Macron's decision to impose a tax increase of 6.5 cents on diesel and 2.9 cents on petrol from 1 January enraged protesters. "The president will speak, and will propose measures that will feed this dialogue", Philippe said in a televised statement. Local media put the number of injured higher, at 264, including 39 security personnel. (more...)
European Union rules out reworking Brexit deal, prepares for no-deal: Donald Tusk
- December 11, 2018

They're also likely to call for preparations to be accelerated in case the United Kingdom crashes out of the bloc without an agreement. The Tory rebels and the DUP do not like the Northern Ireland "backstop", a legally-binding proposal for a customs arrangement with the European Union, which would come into force if the two sides can not agree a future relationship which avoids the return of customs checkpoints on the Irish border. (more...)
Poll of the week POLL: Should MPs vote for Theresa May's deal? Poll of the week POLL: Should MPs vote for Theresa May's deal?
- December 11, 2018

With Jeremy Corbyn under pressure from a significant number of MPs and Peers to force a confidence vote on the Government, Labour former Cabinet minister Lord Mandelson said the opposition had not laid a glove on the Government. "If the Brexit hardliners would be satisfied with some cosmetic wording, I don't know", a European diplomat said. "Does this House want to deliver Brexit?" "I do not believe that any of those courses of action command a majority in this House". (more...)
Theresa May to Parliament: Back me or risk Brexit Theresa May to Parliament: Back me or risk Brexit
- December 11, 2018

However, "If we went ahead and held the vote tomorrow, the deal would be rejected by a significant margin ", she told parliament of the agreement she clinched after 18 months of tortuous negotiation. Both sides also strongly object to a "backstop" provision in the Brexit agreement that would keep Britain in a customs union with the EU in order to guarantee an open border between EU member Ireland and the U.K.'s Northern Ireland. (more...)
Macron to speed up tax cuts, raise wages after protests Macron to speed up tax cuts, raise wages after protests
- December 10, 2018

He announced an end of year bonus for all employees without tax, mandated that companies have to review their bylaws to ensure they're not taking advantage of their employees, and raised the minimum wage of 100 euros per month, starting January 2019. (more...)
France tells Trump to stop interfering in its politics France tells Trump to stop interfering in its politics
- December 10, 2018

French authorities said Saturday that they felt confident the protests were contained and, indeed, the protests in Paris were smaller than they have been in previous weeks - thanks, likely, to concessions made on the part of Macron's government to scale back and indefinitely delay gasoline taxes created to curb French reliance on fossil fuels by pricing domestic fuel users out of the market. (more...)
Man caught on camera snatching purse at McDonald’s in Okeechobee Man caught on camera snatching purse at McDonald’s in Okeechobee
- December 10, 2018

Footage then shows the man sprinting out of the restaurant with the woman following closely behind. A woman was assaulted while chasing after the man who stole her purse. But the driver then reversed, with the open door pulling the woman onto the ground, and her head appearing to strike the front driver's side wheel. (more...)
Qualcomm wins Chinese import ban against several iPhones on patent grounds Qualcomm wins Chinese import ban against several iPhones on patent grounds
- December 10, 2018

The result? Apple must cease Chinese sales of the following iPhone models: the iPhone 6S , iPhone 6S Plus, iPhone 7, iPhone 7 Plus, iPhone 8 , iPhone 8 Plus , and iPhone X . Qualcomm , the biggest supplier of chips for mobile phones, initially filed its case in China in late 2017. They include a patent for adjusting and reformatting the size and appearance of photographs, and one for managing apps using a touch screen when viewing, navigating and dismissing apps on a phone. (more...)
Modi, Jaitley praise Urjit Patel for his work as RBI Governor Modi, Jaitley praise Urjit Patel for his work as RBI Governor
- December 10, 2018

Saying that no self-respecting scholar or academic can work with the current NDA government, former Finance Minister with the UPA government P Chidambaram said that Patel should have resigned a long time back. All directors said media had created a wrong perception while inside it was totally different. "That makes it even more surprising". The government reportedly wants the RBI to allow ailing state-owned banks, groaning under bad loans to industries, to resume lending to small businesses. (more...)
Tokyo prosecutors charge Carlos Ghosn, Nissan over financial violations Tokyo prosecutors charge Carlos Ghosn, Nissan over financial violations
- December 10, 2018

If confirmed, it would represent another blow to the company, which has been rocked since Ghosn was arrested on November 19 on allegations he underreported his salary by millions of dollars over five years. It becomes hard to overlook Saikawa's role in all of this. He has reportedly told embassy visitors he is being well treated but has complained of the cold, with Monday's temperature in the Japanese capital hovering around 5 deg C. (more...)
Elon Musk suggests Tesla's new chairwoman won't rein him in Elon Musk suggests Tesla's new chairwoman won't rein him in
- December 10, 2018

The company named Robyn Denholm, who was already on the board, as chairwoman. Tesla CEO Elon Musk slammed the Security and Exchange Commission in an interview with 60 Minutes on Sunday. A Tesla spokesperson confirmed to Business Insider that the company was in compliance. At the same time, GM said it would double its investments in electrification and autonomy. (more...)
China summons USA ambassador over Huawei case
- December 10, 2018

Senators Mark Warner and Marco Rubio wrote in October in a letter to Prime Minister Justin Trudeau. A federal Justice Department lawyer argued Meng was a flight risk; Meng is tied to at least two properties here in Vancouver and her family has spent time living here. (more...)
Former divorce lawyer Elon Musk departs at Tesla Former divorce lawyer Elon Musk departs at Tesla
- December 10, 2018

Musk said there's been an "aggressive campaign" by the United Auto Workers to attack Tesla with a "load of nonsense" in an effort to unionize the carmaker. He was five years in the service of the maker of electric cars, and is not the first high-ranking person in the door at Tesla behind him, departs. She is the chief financial officer and strategy head at Telstra Corp. (more...)
Uber filed paperwork for IPO Uber filed paperwork for IPO
- December 10, 2018

It's uncertain which company filed first, since details on Uber's filing, such as the time it was submitted, have not been immediately available. Among the first unicorns, Uber went on to become the leading privately held company in terms of its paper valuation, valued at somewhere between $48 billion and $72 billion depending on the venture capital round. (more...)
Carlos Ghosn, former Nissan head, to be indicted Monday Carlos Ghosn, former Nissan head, to be indicted Monday
- December 10, 2018

A Nissan Motor panel on Tuesday failed to nominate a successor to Carlos Ghosn as chairman following his arrest and dismissal for alleged financial misconduct in November, a source knowledgeable with the situation informed Reuters . The vehicle company said the Nissan board "confirmed that the long-standing Alliance partnership with Renault remains unchanged and that the mission is to minimize the potential impact and confusion on the day-to-day cooperation among the Alliance partners". (more...)
Chinese government lead suspect in Marriott hack Chinese government lead suspect in Marriott hack
- December 10, 2018

And now, almost a week after investigation into the matter has already started yielding results. Beijing has strongly denied those charges and also denied charges it was behind other hacks . Marriott purchased the high-end hotelier Starwood in 2016 and integrated its booking system while inheriting its unknown cybersecurity problems. The attackers also would have been able to look at information on when customers stayed with the hotels, though that info would have been of far less value. (more...)
Bloodhound's 1000mph land-speed record bid scrapped after firm's collapse Bloodhound's 1000mph land-speed record bid scrapped after firm's collapse
- December 09, 2018

Now, it appears that money never came. Project Bloodhound, the British-led attempt to create the world's first land vehicle capable of breaking the 1,000mph barrier, has been scrapped. The endeavour, founded by the existing and previous land speed record holders, Andy Green and Richard Noble, has been low on cash ever since testing at Newquay airport a year ago - albeit only at 200mph. (more...)

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