Business


China accuses UK of ‘deep-rooted pride and prejudice’ amid Huawei concerns China accuses UK of ‘deep-rooted pride and prejudice’ amid Huawei concerns
- December 30, 2018

The company has always denied that its equipment contains "back doors" in this way. The bill, which was included in the Defense Authorization Act, prohibited the US government from using components or services from the two companies that are "essential" or "critical" to the systems they're in. (more...)
US Coast Guard suspends search for missing British cruise ship entertainer US Coast Guard suspends search for missing British cruise ship entertainer
- December 30, 2018

Hough's family throughout our search efforts and know this is a very hard and painful time for them". The Coast Guard scrambled to search for the missing Brit, who is said to have plummeted from the Harmony of the Seas , 267 miles northwest of Aguadilla, Puerto Rico . (more...)
Six injured due to jet bridge 'equipment failure' at Baltimore airport Six injured due to jet bridge 'equipment failure' at Baltimore airport
- December 30, 2018

The jet bridge, an extendable hallway stretching from the terminal to the plane, was located at Gate E-10 of the airport. It is owned by BWI Marshall. Anne Arundel County Fire said they were supporting BWI Fire with the incident. The rest of the passengers used the plane's staircase to exit. The airport says the plane has been moved and there have been no further impacts to airport operations. (more...)
Suspected Malware Attack Causes L.A. Times Newspaper Delivery Interruptions Suspected Malware Attack Causes L.A. Times Newspaper Delivery Interruptions
- December 30, 2018

A cyber attack caused major printing and delivery disruptions on Saturday at the Los Angeles Times and other major USA newspapers, including ones owned by Tribune Publishing Co (TPCO.O) such as the Chicago Tribune and Baltimore Sun. The issues also affected distribution of the San Diego Union-Tribune as well as editions of the Wall Street Journal and New York Times , which are all printed at the Los Angeles Times' Olympic Printing Plant in downtown Los Angeles. (more...)
Kroger Recalls Undercooked Shrimp Products Due To Potential Health Hazard Kroger Recalls Undercooked Shrimp Products Due To Potential Health Hazard
- December 30, 2018

Those who eat raw or under-cooked seafood could develop a foodborne illness. The bacteria can lead to a Salmonella infection. Kroger asks customers to return the products under recall for a refund. (more...)
Elon Musk's Elon Musk's "pedo guy" defamation defense: Twitter doesn't count
- December 30, 2018

Musk made a derogatory comment on Twitter about British diver Vern Unsworth , left, who played a key role in the rescue efforts of the Thai soccer team form a cave in Thailand . While Musk's lawyers argued that no one takes Twitter seriously - it's " infamous for invective and hyperbole " and the slander was a mere " schoolyard spat on social media " - Unsworth's lawyer, Lin Wood, argued that this position " would effectively prevent an individual from seeking redress for any and all false ... (more...)
DoubleTree hotel calls the police on Black guest using the phone DoubleTree hotel calls the police on Black guest using the phone
- December 29, 2018

When a black man staying in a Doubletree hotel in Portland, Oregon, called his mother from the lobby, he was told by a white security guard that he was trespassing and was escorted out of the building by police. "The officer arrived at the location and contacted employees of the DoubleTree Lloyd Center". An earlier video shows the security guard watching over Mr Massey while he speaks calmly into the camera. (more...)
Mega Millions jackpot climbs to $370 million for Friday night's drawing Mega Millions jackpot climbs to $370 million for Friday night's drawing
- December 29, 2018

After days of watching the Mega Millions jackpot grow to a staggering $1.6 billion, the numbers for the biggest lottery in USA history are out. Now, the Mega Millions jackpot increases to an estimated $415 million and the next drawing is on Tuesday night - that's New Year's Day 2019. (more...)
Bitcoin Price Analysis Dec 28: BTC Signaling Bearish Continuation Bitcoin Price Analysis Dec 28: BTC Signaling Bearish Continuation
- December 29, 2018

Ethereum ( ETH ) remains the third largest cryptocurrency by market cap, seeing almost a 15 percent value increase over the last 24 hours. Steem (STEEM) traded up 7.9% against the dollar and now trades at $0.27 or 0.00006970 BTC . ImpulseCoin's total supply is 20,245,510 coins. Crypto exchange, eToro just released an official announcement on their website offering a "unique deal" to their customers who hold Bitcoin Cash . (more...)
U.S. team to visit China for talks amid tariff truce U.S. team to visit China for talks amid tariff truce
- December 29, 2018

Top US officials who have spearheaded the trade negotiations thus far - including US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin - will, however, not be making the trip. "Bulls & Bears" panel discuss whether U.S. The two sides are maintaining "close communication", Gao said. Since then, China has cut tariffs on vehicles imported from the USA, resumed the purchase of soya from the North American country and submitted a draft law to prohibit forced technology ... (more...)
Thousands remain without power almost a week after BC windstorms Thousands remain without power almost a week after BC windstorms
- December 29, 2018

It expected all customers will have their power restored between December 27th and December 31st. Power is back on in Bamfield, which was one of the hardest-hit areas on Vancouver Island. The hundreds of outages will require crews to attend to each of them individually to make repairs, including restringing hundreds of spans of lines, and replacing power poles and transformers. (more...)
Mary Robinson rejects 'pawn' accusation over visit to UAE princess Mary Robinson rejects 'pawn' accusation over visit to UAE princess
- December 29, 2018

In a statement, the emirate referred to unspecified "false allegations" and said Robinson had received assurances that the sheikha, or princess, was receiving "the care and support she requires". "During my time with her, Sheikha Latifa presented as a very likeable young woman with a wide range of interests but her vulnerability was apparent". (more...)
Grand Forks Kmart to close in March Grand Forks Kmart to close in March
- December 29, 2018

Sears Auto Centers at those locations will also close. Sears also owns Kmart, and the Waynesboro location will close in early January. Liquidation sales at the stores are expected to begin in two weeks, the company said in a statement. They argue it is the best way to stem losses and return the greatest amount of cash to the people and businesses owed money by Sears. Should Sears not find the investment it needs, the company could be forced to liquidate some assets. (more...)
Durex recalls condoms in Canada, saying they failed shelf-life tests Durex recalls condoms in Canada, saying they failed shelf-life tests
- December 29, 2018

The brand's parent company, RB Health (Canada) Inc ., issued the recall explaining that certain batches of the Durex Real Feel Extra Lubricated 10ct condoms and Durex Real Feel 20ct condoms did not pass the test. Durex Canada says there's no reason to be anxious if you've recently used these products, but consumers are welcome to return any unused condoms for a refund. (more...)
French construction giant Vinci to buy majority stake in London's Gatwick airport French construction giant Vinci to buy majority stake in London's Gatwick airport
- December 29, 2018

With the latest acquisition, Vinci Airports will control 46 airports in 12 countries with total traffic of 228 million passengers a year. Gatwick "operates the busiest single runway in the world". The drone-causing chaos that shut down London's Gatwick Airport for 32 hours during one of the busiest holiday travel periods emphasizes the need for a regulated defence strategy in this country. (more...)
World shares mixed, Japan rallies on Wall Street rebound World shares mixed, Japan rallies on Wall Street rebound
- December 29, 2018

In Japan, energy stocks led the charge, with major oil refiner Showa Shell Seki soaring as much as 9% Thursday. E-Mini futures for the S&P 500 were last down 0.5 percent. The weak figures rekindled fears that Sino-U.S. trade tensions are weighing on U.S. producers, and came days before the release of the Chicago purchasing managers index at the end of the week. (more...)
Royal Mail slights them on the beaches in D-Day stamp blunder Royal Mail slights them on the beaches in D-Day stamp blunder
- December 29, 2018

The special stamp was planned as part of a Best of British series to commemorate the 75th anniversary of the D-day landings in Normandy during the second world war. It first appeared in the July 1944 edition of " All Hands " magazine and clearly states it shows troops carrying stretchers from a landing craft at Sarmi, Dutch New Guinea - now part of Indonesia - on May 17, 1944. (more...)
Double Decker driver loses control and ploughs into London home Double Decker driver loses control and ploughs into London home
- December 29, 2018

The Met Police said no arrests had been made. "Three patients were treated for minor injuries, one of whom was taken by ambulance to hospital". A London Ambulance Service spokeswoman said paramedics attended the scene at 8.55pm. The double-decker involved in the incident was on the 118 route which runs between Morden station and Brixton. "Inquiries into the circumstances remain ongoing". (more...)
Cong made a fool of farmers through loan waiver promises: PM Modi Cong made a fool of farmers through loan waiver promises: PM Modi
- December 29, 2018

Addressing "Jan Abhaar" (gratitude to the people) rally in Dharamshala on the completion of one year of the Jai Ram Thakur-led BJP government in Himachal Pradesh, the Prime Minister said the Congress government that came to power in 2009 waived loans worth only Rs 60,000 crore after the party had "promised" to write off an amount of Rs 6 lakh crore. (more...)
IA and MN to get millions in Wells Fargo settlement IA and MN to get millions in Wells Fargo settlement
- December 29, 2018

The bank will pay all 50 states and Washington, D.C. after it admitted to opening more than three million fake bank and credit card accounts. Authorities say Wells Fargo also improperly referred customers for enrollment in third-party renters' and life insurance policies and improperly charged auto loan customers for force-placed and collateral protection insurance. (more...)
Sears faces liquidation if Lampert can't secure financing Sears faces liquidation if Lampert can't secure financing
- December 28, 2018

The last remaining viable option appears to be a $4.6 billion proposal put forward by Sears Chairman Eddie Lampert, who would buy out the company through his hedge fund ESL Investments. But the iconic retailer is reportedly already considering closing up to 80 more stores, having announced it was to shut an initial 142 when it filed for bankruptcy on October 15, plus an additional 40 unprofitable stores the following month. (more...)
A Strong Economy Means Big Sales This Holiday A Strong Economy Means Big Sales This Holiday
- December 28, 2018

The Mastercard SpendingPulse report tracks retail spending across all payment types, including cash and checks, from November 1 through December 24. When asked how good the 2018 holiday season could turn out for retailers, he said, "I've been following e-commerce and retail spending for 14 holiday seasons now, and if this isn't the best, it's up there with the best". (more...)
Stocks rebound after pre-holiday thumping Stocks rebound after pre-holiday thumping
- December 28, 2018

The Dow Jones Industrial Average skyrocketed 1,086 points to rest at 22,878, the S&P 500 gained 116 points, or 5%, and the Nasdaq Composite leaped 5.8% to 6,554. After markets tanked on Christmas Eve, Trump said Tuesday that he remains confident in Mnuchin , but he renewed his criticism of the Fed, accusing it of hiking rates too fast. (more...)
Land Rover Defender revealed during off-road testing Land Rover Defender revealed during off-road testing
- December 28, 2018

Everything else is obscured, but Land Rover promises in a press release that the latest Defender will be new inside and out, and it'll contain all the latest tech found in other Land Rover vehicles. It will be interesting to see whether Land Rover makes these heavy but reliable mechanical items or lighter but potentially more temperamental electronically-controlled ones. (more...)
NECA says FG’s delay in implementing the new minimum wage is counter-productive NECA says FG’s delay in implementing the new minimum wage is counter-productive
- December 28, 2018

Starting on New Year's Eve day, Rosa Rivera will make $15 an hour at her McDonald's job in Manhattan, doubling what she earned just five years ago at the same location. Andrew Cuomo and state lawmakers in 2016. So far, major cities that have implemented the $15 minimum wage, including San Francisco and Seattle, have not seen the significant job losses predicted by some business owners and economists . (more...)

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