Business


Zuckerberg Once Served Goat He killed Himself, Recalls Twitter CEO Zuckerberg Once Served Goat He killed Himself, Recalls Twitter CEO
- January 26, 2019

When Dorsey was asked whether he saw Zuckerberg goalkeeping, his answer was 'no.' Later they explored it and said that Zuckerberg had hit the goat with a laser gun . "I don't know what you're going to do with that, but hopefully that's not the headline". Then he served it to Dorsey cold, with a side salad. During an illuminating interview with Rolling Stone , Jack Dorsey was asked about the most memorable moment he'd shared with the fellow tech titan. (more...)
Cboe Exchange Withdraws Proposal for VanEck-SolidX Bitcoin ETF Cboe Exchange Withdraws Proposal for VanEck-SolidX Bitcoin ETF
- January 26, 2019

The bitcoin price dipped a bit following the announcement but has held above $3,500. The application that Cboe had filed proposed a rule change in the Securities Exchange Act of 1934. According to Fox News , the current government shutdown is the longest in us history. The SEC has shot down a number of crypto ETFs, citing fear of manipulation of exchanges trading spot bitcoin as well as a lack of liquidity in bitcoin markets. (more...)
Unemployment rate edges lower to 5.0% Unemployment rate edges lower to 5.0%
- January 26, 2019

Australia's unemployment fell in December as employment grew faster than the size of the labour force. The number of vacancies reported to Employment and Economic Development Offices across the country totalled 89,600 at the end of December a year ago, according to the bulletin. (more...)
Google expands clean energy portfolio to Asia Google expands clean energy portfolio to Asia
- January 26, 2019

The solar sites will be among the largest renewable energy projects in the Tennessee Valley region and the largest solar farms ever built for Google . Google thus adds a fourth continent - Asia - to its clean energy portfolio. There will be poles mounted into commercial fishing ponds to elevate the solar panels several feet into the sky, which Google says will maximise land-use efficiency (which is particularly important in a densely populated nation like Taiwan), respect local ecology ... (more...)
Memos: Facebook allowed 'friendly fraud' to profit from kids Memos: Facebook allowed 'friendly fraud' to profit from kids
- January 26, 2019

Another anecdote shared by the Reveal News roundup captures a conversation between Angry Birds developer Rovio and Facebook in which the developer noticed that 5 to 10 percent of in-game transactions were being refunded. "If we were to build risk models to reduce it, we would most likely block good [total purchase value]", said one Facebook employee in the unsealed documents. (more...)
Effect of government shutdown felt in Meridian Effect of government shutdown felt in Meridian
- January 26, 2019

But TSA's Federal Decurity Director, Andrew Coose, says airport staff is not the only group they're seeing support from; he tells me of a recent instance with an unknown woman who arrived at the checkpoint area asking to see a manager. Relief agencies offered free lunches for struggling workers. However, TSA worker Gabriella Hudson said she is still anxious about the bills and everyday essentials that she needs along with her family. (more...)
Trump Caves, Agrees to Re-Open Government Without Wall Funding
- January 26, 2019

Trump and the Democrats in Congress remained at odds over his demand that any compromise include money for his coveted border wall. A construction crew installs new sections of the U.S. "Nancy just said she 'just doesn't understand why?'" wrote the president. He also proposed to revamp immigration laws, including new restrictions on Central American minors seeking asylum in the USA and temporary protections for immigrants who entered the country illegally as children. (more...)
Is On The Brink Of Profitability ?: Aphria Inc., (NYSE: APHA) Is On The Brink Of Profitability ?: Aphria Inc., (NYSE: APHA)
- January 26, 2019

Green Growth argues that the combination of the two companies is "extremely compelling" and that its offer represents "an unparalleled value-enhancing opportunity" for Aphria . Green Growth doesn't have any operations in Canada today but buying Aphria would make the little-known company one of Canada's largest cannabis firms by sales. (more...)
Unifor calls on Canadians to boycott Mexican-built GM vehicles Unifor calls on Canadians to boycott Mexican-built GM vehicles
- January 26, 2019

The campaign will include ads on television, in the media and on billboards in both Canada and the U.S. The U.S. carmaker also made sure to mention that since 2009, it has reinvested more than $100 billion into Canada through manufacturing, purchased goods and services, plus over $8 billion invested into worker pensions. (more...)
Walmart on truck driver hiring spree amid U.S. shortage Walmart on truck driver hiring spree amid U.S. shortage
- January 26, 2019

According to company, the increase will provide Walmart drivers an opportunity to earn an average of $87,500 in their first year of employment with an all-in rate of almost 89 cents per mile. Additionally, beginning in February, Walmart is increasing driver pay by one cent per mile and providing additional pay for every arrival. This pay increase along with 21 days of paid vacation and the guarantee of a stable work schedule sets a new industry standard for how trucking companies can ... (more...)
General Mills recalls some Gold Medal flour over salmonella concerns General Mills recalls some Gold Medal flour over salmonella concerns
- January 26, 2019

The recall is only for 5-pound bags with the April 20, 2020, best if-used-by-date. According to the company's press release, the "potential presence" of salmonella was discovered while testing the flour . General Mills says all other types of Gold Medal Flour are not affected. "Anything you make with flour must be cooked or baked before eating", the General Mills executive Jim Murphy said. (more...)
This Just Became America's Most Expensive Home This Just Became America's Most Expensive Home
- January 25, 2019

The unit is a 24,000-square foot combination of two apartments built by Vornado Trust Realty and designed by the firm of Robert A.M. Stern. With new condo towers, like 220 Central Park South , buyers sign a contract while the building is under construction, and officially close on the deal when the building is finished. (more...)
Tubbs fire cause tied to private electrical system, not PG&E, agency says Tubbs fire cause tied to private electrical system, not PG&E, agency says
- January 25, 2019

EST on Friday. Pacific Gas & Electric Corp previously said it planned to file for bankruptcy protection next week, citing billions of dollars in potential damages from lawsuits linking its equipment to other deadly blazes for which it had been determined to be at fault. (more...)
Are the 4ms bending Corbyn's ear to prevent a second Brexit referendum? Are the 4ms bending Corbyn's ear to prevent a second Brexit referendum?
- January 25, 2019

Labour MP Luciana Berger demanded Corbyn should "do the right thing" and stop "facilitating a job-destroying Brexit ". He said: "I think there is every chance that if the United Kingdom now negotiates with conviction and if we really mean it this time that we can secure the changes that we need". (more...)
Australian heatwave is smashing all previous temperature records Australian heatwave is smashing all previous temperature records
- January 25, 2019

It was the highest temperature recorded in a state capital, beating the previous record of 46.4C in Melbourne in 2009, and Adelaide's own 80-year-old record of 46.1C. While thousands flocked to the beach to cool off in the surf, hundreds have taken to shopping centers to stay out of the heat. Adelaide's Red Lion Hotel promised free beer if the mercury topped 45 C but only while it exceeded that benchmark. (more...)
China's Retail Sales on Pace to Surpass U.S. This Year China's Retail Sales on Pace to Surpass U.S. This Year
- January 25, 2019

The total sales to consumers of world's most populous country and second-largest economy are expected to hit around $5.64 trillion in 2019, an increase of 7.5 percent since previous year, the US-based research company concluded in a report published on Wednesday. (more...)
Trade worries sour CEOs' mood as leaders converge at Davos Trade worries sour CEOs' mood as leaders converge at Davos
- January 25, 2019

This is in vivid contrast to last year's record jump, 29 percent to 57 percent, in optimism about global economic growth prospects. In light of this, the CEOs' collective lack of revenue confidence is seriously bad news for the global economy in 2019. (more...)
Elizabeth Warren to Introduce 'Wealth Tax' on High-Income Americans Elizabeth Warren to Introduce 'Wealth Tax' on High-Income Americans
- January 25, 2019

Such a proposal is not out of character for Warren, who has long railed against income inequality and the uber-rich, but would mark a move to the left by the party as a whole if it were adopted. Warren's plan will include at least three new ways to stop tax evasion, a person familiar with the plan told the paper. The wealth tax would apply to " ultra-millionaires ", or those with more than $50 million in assets. (more...)
White House adviser plays down U.S. credit risk over shutdown White House adviser plays down U.S. credit risk over shutdown
- January 25, 2019

Kevin Hassett, the chair of President Donald Trump's Council of Economic Advisers, offered a frank assessment of the cost of the ongoing government shutdown , warning that the closure could result in a mess for the United States economy. (more...)
Microsoft's Bing search engine inaccessible in China Microsoft's Bing search engine inaccessible in China
- January 25, 2019

Only users residing in China won't be able to access Chinese version of Bing. While it's not yet known whether Bing would return in China at some point in the future, Microsoft's search engine joins a long list of services that are now banned in the country and which includes names like Twitter, Facebook, and Instagram. (more...)
Necco's Conversation Hearts Not Available This Year Necco's Conversation Hearts Not Available This Year
- January 25, 2019

But online retailer CandyStore.com says Sweethearts were by far the most popular brand, commanding 80 per cent of US market for candy hearts. Brach's also makes Conversation Hearts and Wonka's SweeTarts Hearts contain embossed messages, too. (more...)
Airline safety at risk as government shutdown continues Airline safety at risk as government shutdown continues
- January 25, 2019

Yet there was no sign of progress toward ending the shutdown on Thursday. Air traffic controllers, Transportation Security Administration (TSA) agents , transportation security and law enforcement officers, safety inspectors, air marshals and Federal Bureau of Investigation agents have all been caught up in the shutdown, leaving airports understaffed and raising questions about the current safety of the nation's aviation system, according to the joint statement from National Air Traffic ... (more...)
Family kicked off flight in Florida after passengers complained about body odor Family kicked off flight in Florida after passengers complained about body odor
- January 25, 2019

Their Tuesday night flight at Miami International Airport was canceled because of the ice at Detroit Metro Airport. Adler believes the airline discriminated against them for being Jewish. A Southfield couple who were forced off a flight when, they were told, other passengers complained about their body odor say American Airlines has some explaining to do. (more...)
Venezuelan generals pledge loyalty to Nicolas Maduro as leadership stand-off intensifies Venezuelan generals pledge loyalty to Nicolas Maduro as leadership stand-off intensifies
- January 25, 2019

Maduro's presidency has coincided with a decline in Venezuela's socioeconomic status, with crime, inflation, poverty, and hunger increasing. But Maduro said he wasn't going anywhere and ordered USA diplomats to leave the country by Sunday. (more...)
U.S. rejects Maduro decision to sever diplomatic ties U.S. rejects Maduro decision to sever diplomatic ties
- January 25, 2019

The administration says Maduro's order isn't legal because the U.S.no longer recognizes him as Venezuela's legitimate leader. The bloc and its member states "remain ready to support the restoration of democracy and rule of law in Venezuela through a credible peaceful political process in line with the Venezuelan constitution", she added. (more...)

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