Business


Canada’s job numbers make history with biggest gain on record Canada’s job numbers make history with biggest gain on record
- May 13, 2019

The Canadian labour market saw its biggest one month surge in over 40 years. The unemployment rate dipped to 5.7 per cent from 5.8 per cent, despite increasing participation levels as more Canadians flooded into the booming labour market seeking work. (more...)
South Shore Furniture recalls 322500 Libra chests South Shore Furniture recalls 322500 Libra chests
- May 13, 2019

There were 6,930 units sold in Canada, and another 315,600 sold in the USA and Mexico, between 2009 and 2018. The 3-drawer chests came in nine colors and each drawer has a metal handle. Model numbers are on a label on the back of the chest. Or they can receive a free tip-over restraint kit and request a one-time free in-home installation of the kit. (more...)
Mazda Designs Inline 6-cylinder Engines Mazda Designs Inline 6-cylinder Engines
- May 12, 2019

In Mazda's Fiscal Year report for March 2019 , details of some future product plans for the company moving forward were listed. On page 25, under the heading "Investment for brand value improvement", the presentation clearly states that it is planning a straight-six Skyactiv-X, and a straight-six Skyactiv-D. (more...)
Dyson electric vehicle patent shows off-road design features Dyson electric vehicle patent shows off-road design features
- May 12, 2019

Dyson filed the patents 18 months ago after launching the £2bn project in 2017, saying the vehicle will differ significantly from other cars on the market in its design. The car's driver could also adopt a reclining seated position to facilitate a low cabin height and shallow windscreen angle, which would reduce drag while driving and also increase its driving range. (more...)
Trump Advises Companies Produce Goods 'in Good Old' US to Avoid Tariffs Trump Advises Companies Produce Goods 'in Good Old' US to Avoid Tariffs
- May 12, 2019

Trump . Consumer spending accounts for more than two-thirds of US economic activity. Imposing U.S. tariffs on all Chinese goods would reduce potential U.S. businesses reliant on imports from China. "The worst-case scenario: an all-out trade war, with tariffs on the remaining Chinese goods, retaliation from China, and an increased risk of auto tariffs that could push the global economy into recession", Savita Subramanian, Bank of America's Head of United States Equity Strategy and United ... (more...)
Air India offers 'hefty discounts' on last-minute bookings Air India offers 'hefty discounts' on last-minute bookings
- May 12, 2019

However, he added that Etihad "cannot be expected to be the sole investor" and "additional suitable investors would need to provide the majority of Jet Airways' required recapitalisation". "This world lives on hope so there is hope till 6 pm", said Kumar. SBI Capital Markets, which has been given the mandate to oversee the stake sale process for Jet Airways, has received bids from interested parties. (more...)
Celebrate Mother’s Day With Our Roundup Of Gift Guides & News Stories Celebrate Mother’s Day With Our Roundup Of Gift Guides & News Stories
- May 12, 2019

Health insurance: This is the priority given the whopping healthcare cost in India, and if you mother already has the product in her kitty, chances are that it is insufficient or not properly planned out. Plus, you'll both get some pretty scenery. "It dares all things and crushes down remorselessly all that stands in its path". Not the whole thing has to be still images, and without any movement, nowadays wallpapers are also thrilling as congratulations for any special day and you can also ... (more...)
Chevron Will Walk Away From $33 Billion Deal to Buy Anadarko Chevron Will Walk Away From $33 Billion Deal to Buy Anadarko
- May 12, 2019

Anadarko Petroleum Corp. approved Chevron's bid despite the fact that it was in discussions with Occidental for some time. Hollub , 59, beat out larger rival Chevron Corp with a long-shot bid that some Occidental investors called risky because it saddles Occidental with $46 billion in new debt. (more...)
Edgewell Personal Care to Acquire Razor Startup Harry’s for $1.37B Edgewell Personal Care to Acquire Razor Startup Harry’s for $1.37B
- May 12, 2019

Harry's has bedeviled Schick and Gillette for years using innovative subscription plans and sleek packaging and competitive pricing. The company will pay 79 percent of the deal value in cash and the rest in stock, giving Harry's shareholders an 11 percent stake in the combined company upon completion of the deal, expected by the end of first quarter of 2020. (more...)
FTC urged by child advocates to investigate Amazon's Alexa FTC urged by child advocates to investigate Amazon's Alexa
- May 12, 2019

The complainants argue that the privacy disclosures are unclear and confusing. COPPA is meant to protect the privacy of children 12 and younger. The rule even limits the data they can access, but in this particular case, the group found that Echo Dot Kids doesn't request permissions properly and lacks a way to verify who's granting those permissions - a kid or adult. (more...)
China still 'cautiously optimistic' on US trade talks despite new tariffs China still 'cautiously optimistic' on US trade talks despite new tariffs
- May 12, 2019

Friday. Autry was cheerleading for Trump on the BBC's Today programme last week after the president increased the tariff from 10% to 25% on Chinese goods worth $200bn on Friday, including transport equipment, chemicals and an array of foods. (more...)
Saudis Said Willing to Meet Orders From Ex-Iran Oil Buyers Saudis Said Willing to Meet Orders From Ex-Iran Oil Buyers
- May 12, 2019

Oil prices slipped almost 2 per cent on Tuesday, on track to fall to their lowest levels in over a month as renewed doubts over US-China trade talks stoked concerns over global growth and demand even though US sanctions on Iran and Venezuela tightened supply and helped stem losses. (more...)
Nike plans foot-scanning tool Nike plans foot-scanning tool
- May 12, 2019

Product returns cost retailers $550 billion by 2020, according to a Shopify report . So, knowing the right size is the most important thing. Nike Fit will be incorporated into the Nike app as well as its retail stores. Once feet have been scanned, a user will be offered a "best fit for you" recommendation. With this new feature, though, Nike says it'll be able to measure each foot individually, including the size, shape, and volume, and it's accurate within 2 millimeters, too. (more...)
Uber shares fall on stock market debut Uber shares fall on stock market debut
- May 11, 2019

Uber Technologies Inc's conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street over whether the outcome of the most anticipated listing since Facebook Inc would weigh on other Silicon Valley unicorns. (more...)
GM to save 300 jobs with plant conversion to AV test track GM to save 300 jobs with plant conversion to AV test track
- May 10, 2019

GM and labour union Unifor announced May 8 their new agreed-upon plans for the plant. The company plans to invest $170-million into the facility to fund the transition out of vehicle assembly. Hester said that "we need to be able to [test] software algorithms in a safe way, and the test track is a flawless place". Accompanying Wednesday's announcement, GM did announce the creation of a jobs action centre to assist employees who may find themselves outside of retirement age or unable to ... (more...)
US, China start new round of trade negotiations with tariff hike looming US, China start new round of trade negotiations with tariff hike looming
- May 10, 2019

Economist Gregory Daco said in a research note Thursday, adding that "if the bilateral tensions spiral into a full-blown global trade war we would expect this to trigger a global recession". Along with the increase scheduled for Friday, the president has also threatened to extend tariffs to all US$540b in annual Chinese imports . For China, a country that intends to reform its economic system by allowing the market to play a bigger role, normal trade relations with the USA and sound ... (more...)
Facebook Co-Founder: It's Time to Break Up the Company Facebook Co-Founder: It's Time to Break Up the Company
- May 10, 2019

Main point: "It is time to break up Facebook", writes Hughes. He proposes Facebook be split into separate companies - undoing the acquisitions of Instagram and WhatsApp and banning any more acquisitions. By Hughes' estimates, Facebook commands "more than 80 per cent of the world's social networking revenue". According to him, Zuckerberg's monopolistic business strategy to shut down competitors is responsible for the absence of any major social media innovator since 2011. (more...)
Forecast: European economy to continue expanding Forecast: European economy to continue expanding
- May 10, 2019

Labour market conditions continued to improve despite a slowdown in growth towards the end of 2018. The Commission predicts that economic growth will continue to slow down to 2.5% in 2020. The EC forecast notes that despite the high unemployment, labour shortages in some sectors are becoming more apparent. Romania's economy expanded by 4.1% year-on-year in 2018, compared to a growth rate of 7% in 2017, provisional data from the country's statistical board showed in April. (more...)
GM's autonomous vehicle unit gets big investment GM's autonomous vehicle unit gets big investment
- May 09, 2019

GM announced the investment from a group led by T. Rowe Price on Tuesday morning. CEO Dan Ammann said in a statement the investment gives Cruise deep resources to draw on as it develops and deploys self-driving vehicles. The objective of expanding in Seattle is to attract between 100-200 engineers by the end of 2019. Cruise , founded in 2013, is developing self-driving technology for General Motors. (more...)
FTC split on punishing Mark Zuckerberg in settlement with Facebook FTC split on punishing Mark Zuckerberg in settlement with Facebook
- May 09, 2019

Zuckerberg is utilizing the Tuesday keynote speech to sum up his strategy to flip Facebook and its associated services into the equal of digital living area where people can discuss things in much more personal ways than they now can on Facebook's principal social media, currently populated by over 2.2 billion users. (more...)
Pre-Booking Your 2020 Volkswagen ID3 Costs EUR1,000 Pre-Booking Your 2020 Volkswagen ID3 Costs EUR1,000
- May 09, 2019

Three battery options will be offered, with claimed ranges between 330 and 550 km. The first model to use VW's new electric vehicle platform, the ID.3 will begin a huge push by the automaker into electrification. Volkswagen said production is expected to begin at the end of 2019, with deliveries starting in Europe around mid-2020. With VW chief Herbert Diess promising previous year that the carmaker would be selling EVs like Tesla but "cheaper by half" by 2020 , it was thought that ... (more...)
Intel will begin shipping 10nm Ice Lake processors in June Intel will begin shipping 10nm Ice Lake processors in June
- May 09, 2019

This week, Intel revealed its latest CPU roadmap, which says that the first Intel 10nm processor will begin shipping in June, with multiple new products coming through 2019 and 2020. Swan said the company is eyeing a 28% share of what he says will be a $300 billion addressable market for computer chips by 2023, which would amount to about $85 billion in sales. (more...)
Amazon.com shares boosted by the comments of Warren Buffett Amazon.com shares boosted by the comments of Warren Buffett
- May 09, 2019

Investor Warren Buffett wrapped up a weekend full of events around his annual meeting by schmoozing with Berkshire Hathaway shareholders and preparing for an extended television interview. Among other businesses, the Berkshire Hathaway Energy unit posted a 3 percent profit increase, while earnings from retailing and services units increased 16 percent, despite a 19 percent revenue drop at See's sweets because Easter fell late. (more...)
RBA holds but rate cut coming RBA holds but rate cut coming
- May 09, 2019

REA Group chief economist Nerida Conisbee said a rate cut was likely before July, while Finder.com.au insights manager Graham Cooke said most experts saw the cash rate at 1 per cent before the end of the year. '[The RBA] recognised that there was still spare capacity in the economy and that a further improvement in the labour market was likely to be needed for inflation to be consistent with the target. (more...)
White House says China has indicated it wants to make trade deal White House says China has indicated it wants to make trade deal
- May 09, 2019

But that was averted when China announced Liu would return to Washington . Already, the risks are mounting. The developments raise the prospect that talks between the US and China to resolve their trade war could collapse entirely. China's imports from the USA fell almost 26 percent while exports to the US fell just over 13 percent. David Madden, a market analyst at CMC Markets, said that Europe's equity markets would be "largely mixed" while the trade war was "hanging over the markets". (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 next »