Finance


Pinterest prices IPO at $19 to begin trading Thursday Pinterest prices IPO at $19 to begin trading Thursday
- April 21, 2019

The company headed by Ben Silbermann had its virtual pinboard rise 25 per cent in its NYSE debut, where it opened at $23.75 per share. Yuan, Zoom's CEO, said that he thinks that the San Jose, California-based company can live up to the hype. (more...)
Easter Egg Hunts Hatch This Weekend Easter Egg Hunts Hatch This Weekend
- April 20, 2019

Do not forget to bring a basket for the eggs, and dress for the weather. You can also check out " Old Fashioned Easter " at the Historic Stewart Farm on Crescent Road from 11 - 3pm. Drop by the BWG Leisure Centre at 471 West Park Ave.in Bradford for free family activities that include face-painting, crafts, balloon twisting, colouring, cupcake decorating, activities in the gym, and a photobooth. (more...)
Bitcoin SV Continues to Plummet Amidst Delisting Trend: Bitcoin Cash Hodlers Celebrate Bitcoin SV Continues to Plummet Amidst Delisting Trend: Bitcoin Cash Hodlers Celebrate
- April 20, 2019

Bitcoin Cash, which will potentially benefit from Bitcoin SV's demise, was the complete opposite with an 11% rally in price. The announcement comes after some drama involving Bitcoin SV's backer Craig Wright , who claims to be Satoshi Nakamoto , the inventor of the original Bitcoin (BTC ). (more...)
Car2go suspends all service in Chicago due to ‘fraud issue’ Car2go suspends all service in Chicago due to ‘fraud issue’
- April 19, 2019

On Wednesday, April 17, Daimler announced some of the vehicles in its Chicago Car2Go fleet were rented fraudulently. The software biz, auto 2 Go, confirmed on Wednesday it is working with the cops after some of its cars went missing and, in some cases, were used in connection with other crimes. (more...)
North Korean leader Kim to meet Russia's Putin this month North Korean leader Kim to meet Russia's Putin this month
- April 19, 2019

But they said it does not close the door on diplomacy or negotiations about North Korea's nuclear program. In an interview with Bloomberg, national security adviser John Bolton said that while Trump is open to a third summit with Kim, North Korea needs to prove its commitment. (more...)
‘No evidence’ Trump tax cuts are trickling down to workers ‘No evidence’ Trump tax cuts are trickling down to workers
- April 17, 2019

The tax cuts were lambasted on Sunday by Minnesota Sen. "We're getting historic tax relief", Trump said April 15 at Nuss Truck and Equipment. "It's a tremendous tax cut for people", Trump said. The state's Democrats saw a huge overall resurgence during the anti-Trump backlash of 2018, notably in traditionally Republican suburbs of Minneapolis and St. (more...)
World's largest aircraft successfully completes maiden test flight in California World's largest aircraft successfully completes maiden test flight in California
- April 16, 2019

Stratolaunch Chief Executive Officer Jean Floyd said it was a fantastic first flight. The goal for Stratolaunch is to provide an alternative launch platform for satellites other than rockets like SpaceX's Falcon 9 or SpaceX's Falcon Heavy rocket-which had its first successful test flight this week as well. (more...)
Jet Blue to Offer Flights to London in 2021 Jet Blue to Offer Flights to London in 2021
- April 14, 2019

JetBlue leaders have been talking about the possibility of flights to Europe since mid-2016, around the time they announced plans to tweak their Airbus orders to get a longer-range plane. American Airlines Group and IAG's British Airways form one alliance, while Delta Air Lines and Air France-KLM are joined in another and a third includes United Continental Holdings Inc. (more...)
Tesla Model 3 Standard Range dropped from online configurator Tesla Model 3 Standard Range dropped from online configurator
- April 14, 2019

The electric vehicle maker plans to keep taking online orders for the Standard Plus Model 3, which starts at $39,500 and is now the lowest-price option available to digital consumers, along with higher-end models. The company pitched the change as an added value since, for example, the $37,500 Model 3 Standard Plus required an extra $3,000 to add Autopilot. It now costs $39 500 with Autopilot included. (more...)
The Latest Renault-Nissan-Mitsubishi eyes post-Ghosn plan The Latest Renault-Nissan-Mitsubishi eyes post-Ghosn plan
- April 14, 2019

Ghosn's initial detention period was set to expire on Sunday, and had been widely expected to be extended by the maximum 10 days. A Japanese Court decided on Friday to allow prosecutors to hold ousted Nissan Motor Chairman, Carlos Ghosn, for an additional eight days. (more...)
Fisher-Price recalls sleepers after more than 30 babies died Fisher-Price recalls sleepers after more than 30 babies died
- April 13, 2019

Those who have previously purchased the product should reach out to Fisher-Price for a refund of a voucher. The deaths are believed to have occurred when the infants rolled from their back to their stomach or side, while unrestrained, according to the release. (more...)
French Sec. of State Would Consider Asylum for Julian Assange French Sec. of State Would Consider Asylum for Julian Assange
- April 13, 2019

On Friday, Russian Foreign Ministry spokesperson Maria Zakharova said Assange's arrest was evidently carried out on US orders, state news agency Tass reported. Though prosecutors dropped this investigation, Assange still faced British charges of failing to appear in front of a court when ordered to. Assange and his supporters say he's a journalist who deserves legal protections for publishing stolen material. (more...)
Nissan shareholders kick ex-chairman Carlos Ghosn off board Nissan shareholders kick ex-chairman Carlos Ghosn off board
- April 10, 2019

Ghosn, who famously rescued Nissan from the brink of bankruptcy two decades ago and forged a partnership with France's Renault that has become one of the world's biggest car-making alliances, was arrested again by Tokyo prosecutors last week on suspicion he tried to enrich himself to the tune of $5 million at the company's expense. (more...)
Trump says he'll put tariffs on $11B in European Union goods Trump says he'll put tariffs on $11B in European Union goods
- April 10, 2019

The new tensions may complicate those efforts, which are part of European attempts to ward off American threats of separate duties on foreign autos and vehicle parts. The E.U. has begun preparations for retaliation, an E.U. official told Reuters Tuesday. In the U.S. case, it allows the Office of the U.S. Trade Representative to collect public comments on the potential tariffs. (more...)
European Union commissioner: No-deal Brexit 'simply crazy' European Union commissioner: No-deal Brexit 'simply crazy'
- April 10, 2019

Earlier in the day, Mrs May met Germany's Angela Merkel at her riverside Chancellery, a short walk from the Brandenburg Gate, and departed with a warm exchange of kisses. He said the United Kingdom needed to show "substantial steps" towards resolving its political deadlock but said a no-deal Brexit would be the worst possible outcome. (more...)
March Jobs Report Shows 196,000 Created, Unemployment Rate Remains At 3.8 Percent March Jobs Report Shows 196,000 Created, Unemployment Rate Remains At 3.8 Percent
- April 08, 2019

Though some corners of the Victoria economy saw job growth - transportation and warehousing added 3,400 positions over the a year ago, and business, building and support services added 2,800 - they were offset by decreases. In the 12 months prior to February, manufacturing had added an average of 22,000 jobs per month. Bank of Canada Governor Stephen Poloz expressed guarded optimism earlier this week that Canada would emerge from a soft patch, but said the economic outlook still warrants ... (more...)
United Kingdom minister resigns amid Brexit row with government United Kingdom minister resigns amid Brexit row with government
- April 08, 2019

Fervent EU critic Jacob Rees-Mogg said the prime minister's decision to seek an alliance with Corbyn meant she was collaborating with a "known Marxist" . "He says the authorities" ought to have only been clearer the results of the, the parliamentary arithmetic, would signify that this would be necessarily a sort of softer kind of Brexit". (more...)
Trump Denies Backing Off Threat to Seal US-Mexico Border Trump Denies Backing Off Threat to Seal US-Mexico Border
- April 07, 2019

For many years, families arriving at the border were typically released from USA custody immediately and allowed to settle with family or friends in the US while their immigration cases wound their way through the courts, a process that often takes years. (more...)
United Kingdom formally requests second Brexit extension to June 30 United Kingdom formally requests second Brexit extension to June 30
- April 07, 2019

Downing Street said serious proposals had been made and it was prepared to change the wording of the deal to reach a compromise. Instead, she was offered a short delay to April 12 - the date by which the UK must say whether it intends to take part in the European Parliamentary elections - or until May 22, if UK MPs had approved the withdrawal deal negotiated with the EU. (more...)
Herman Cain Joining Trump Administration Herman Cain Joining Trump Administration
- April 06, 2019

Trump himself used to understand the bubbly dangers of constant low-interest rate policy from the Fed, as did Cain, who used to love the gold standard for its very power to keep short-term political priorities out of our money. An Atlanta woman said she had had an extramarital affair with Cain for more than 13 years. At the time , Cain said the allegations were incorrect but acknowledged "he had made mistakes in my life", according to Bloomberg . (more...)
Jeff and MacKenzie Bezos tweet about divorce terms Jeff and MacKenzie Bezos tweet about divorce terms
- April 05, 2019

You'll get the latest updates on this topic in your browser notifications. "As our family and close friends know, after a long period of loving exploration and trial separation, we have chose to divorce and continue our shared lives as friends", the Bezoses said in a jointly signed statement on Twitter in January. (more...)
Trump would sideline USMCA for new auto tariffs Trump would sideline USMCA for new auto tariffs
- April 05, 2019

Trump had said he would close the border or at least large sections of it, this week if Mexico does not halt illegal immigration into the U.S. Trump's tariff threat appeared to move him away from a previously threatened imminent closing of the border in order to punish Mexico. (more...)
Amazon cuts Whole Foods prices and sweetens deal for Prime members - again Amazon cuts Whole Foods prices and sweetens deal for Prime members - again
- April 03, 2019

Consumers can certainly save by taking advantage of these new Whole Foods prices, but smart shoppers don't buy everything there, he says. Beginning Wednesday, Whole Foods said customers will find lower prices on hundreds of items throughout the store with an emphasis on seasonal produce, including greens, tomatoes, tropical fruits and more. (more...)
Gardai to probe spy risks linked to Huawei 5G mobile networks Gardai to probe spy risks linked to Huawei 5G mobile networks
- April 02, 2019

He noted the company has promised to invest $2 billion over five years to improve its software engineering and expressed confidence British regulators will "increase their confidence" in Huawei over time. They are bugs, not feature - these are the findings of a UK-based cybersecurity oversight institution about the security vulnerability of products of Huawei , the second largest smartphone manufacturer of the World. (more...)
Opposition looks set to win Ankara after 16 years Opposition looks set to win Ankara after 16 years
- April 02, 2019

The Turkish leader was sworn in with nearly untrammelled powers after last year's general elections that followed a 2017 constitutional amendment to change Turkey's political framework into an executive presidency from a parliamentary system. (more...)
U.S. Holds 'Constructive' Trade Talks with China U.S. Holds 'Constructive' Trade Talks with China
- March 31, 2019

The burst of diplomacy suggests both sides remain determined to reach an agreement that would avoid any escalation of the eight-month trade war that has seen them impose duties on $360 billion of each others' imports. It had been previously reported that both sides were pushing for proposals on cyber theft, technological transfers, services, intellectual property rights, currency, agriculture and non-tariff barriers to trade. (more...)
Apple’s Foray Into Streaming Video Show Limits of Tech Growth Apple’s Foray Into Streaming Video Show Limits of Tech Growth
- March 28, 2019

And it boasts some intriguing benefits, like no fees and a daily rewards program. Essentially, Apple wants to be similar to a pay TV provider where you can sign up to certain channels and different streaming services and have them delivered in the same place, and presumably take a small cut for facilitating the sign up for a new service or "channel". (more...)
Jet Airways founder Naresh Goyal, wife step down from board Jet Airways founder Naresh Goyal, wife step down from board
- March 26, 2019

Its main lender State Bank of India reportedly agreed to infuse ₹15 billion into the private carrier to help it stay afloat. "Immediate Funding support of up to Rs 1,500 crore by lenders by way of issue of appropriate debt instrument against security of its assets which will restore normalcy to Company's level of operations", it said. (more...)
Netflix is testing a mobile-only subscription plan for India at 250/mo Netflix is testing a mobile-only subscription plan for India at 250/mo
- March 25, 2019

According to the report , it isn't clear if Apple will reveal the new service on Monday, but it is taking up with partners to build up the service. Aside from original content, CNBC has reported that the new streaming service will also have a number of 'Channels'. Apple has also booked a series from "La La Land" director Damien Chazelle, an " Amazing Stories " reboot from Steven Spielberg and an animated series from the creator of Fox's "Bob's Burgers". (more...)
Winning Numbers For $638 Million Powerball Jackpot Announced Winning Numbers For $638 Million Powerball Jackpot Announced
- March 25, 2019

The jackpot on Saturday would be the seventh-largest in US history, with an estimated lump sum payout of $380.6 million before taxes. That marked the fourth largest in the game's history. The cash value is $380.6 million. "A $1,000,000 winning MEGA MILLIONS® ticket was sold in Rehoboth in January". So even before state taxes , you'd be down to $289.3 million. (more...)
Initiation Of Phase III Clinical Trial Of BAN2401 In Early Alzheimer's Disease Initiation Of Phase III Clinical Trial Of BAN2401 In Early Alzheimer's Disease
- March 24, 2019

It was so promising that the company was running two phase three trials simultaneously, said neurologist Dr. Richard Isaacson, who directs the Alzheimer's Prevention Clinic at Weill Cornell in NY. Drugs that looked promising in early tests have come up short when tried in larger groups, frustrating pharmaceutical executives, doctors and patients. (more...)
Second U.S. jury finds Bayer's Roundup caused cancer Second U.S. jury finds Bayer's Roundup caused cancer
- March 21, 2019

He alleged that exposure to the weed killer led to his non-Hodgkin's lymphoma, a cancer that affects the immune system . Evidence is nearly certain to resurface that Monsanto ghostwrote scientific literature and influenced regulators to claim that Roundup is safe. (more...)
Congressman echoes Trump tweet on GM Lordstown Congressman echoes Trump tweet on GM Lordstown
- March 19, 2019

The dispute centers on GM's November 2018 decision to close plants across North America in a broader bid to be more competitive and focus specifically on producing SUVs and pickup trucks. UAW is the United Automobile Workers union, which represents GM workers. The plant produced Chevy Cruze vehicles. The automaker said that they had "opportunities available for virtually all impacted employees". (more...)
Brother Mukesh Ambani steps in to spare Anil jail stay Brother Mukesh Ambani steps in to spare Anil jail stay
- March 19, 2019

In a verdict that had come as a setback to Ambani, the court on February 20 had pulled up the industrialist for his "cavalier attitude" demonstrated through the affidavit filed in the court and said any "unconditional apology" given must be rejected. (more...)
Mark Zuckerberg loses two key Facebook executives Mark Zuckerberg loses two key Facebook executives
- March 16, 2019

Mr Cox was one of Facebook's first software developers and one of the chief architects of the news feed, the cascade of Facebook posts that is the company's most lucrative source of advertising. Zuckerberg told Wired magazine on March 6 that "there will be a bunch of work inside the company to make sure that we have the right folks in the right roles" to bring Facebook's apps together and introduce more privacy features. (more...)
Elon Musk reveals Tesla Model Y crossover; to start at US$39000 Elon Musk reveals Tesla Model Y crossover; to start at US$39000
- March 16, 2019

The standard battery will have a range of 230 miles with the long-range version capable of 300 miles on a single charge. Due to its connection to the Model 3, the Model Y shares about 75% of its components with the vehicle. Consumers who plop down their deposits for the Model Y may have to cross their fingers for their vehicles to be delivered on schedule. At today's event, Musk proclaimed, "People said that you can make an electric sports vehicle, but you will never be able to make a ... (more...)
Facebook finally ends daylong outage, blames server change Facebook finally ends daylong outage, blames server change
- March 15, 2019

The social network said on Thursday that changes to a server configuration were to blame. But the company said Thursday that it has fixed the problem and that its systems are "recovering". No cause has been given but Facebook said it wasn't a distributed denial of service or cyberattack. The company has a large campus of data centers in Prineville. (more...)
Motorola's 5G Moto Mod for Moto z3 Now Available on Verizon Motorola's 5G Moto Mod for Moto z3 Now Available on Verizon
- March 14, 2019

There is some fine print to be aware of. In Chicago, you'll have access to Verizon's 5G in The Loop, Magnificent Mile (around the Verizon store there), The Gold Coast, River North and Old Town at the outset. If the merger is blocked, Verizon will have less competition dominating the 5G market in the U.S. AT&T is also upgrading its networks to 5G. Though 5G will be a hot topic this year, there's a lot we don't know yet. (more...)
Tesla pumps brakes on plan to shutter all stores Tesla pumps brakes on plan to shutter all stores
- March 13, 2019

Tesla announced on Sunday that it is reversing course on a plan to close all of its brick and mortar retail locations. The move comes after Tesla said last month it was shifting all sales online to help lower prices by about six per cent on average, allowing it to achieve the relatively low starting fee for the entry-spec Model 3 . (more...)
Full-Time Jobs Surge in February Full-Time Jobs Surge in February
- March 11, 2019

On the other end of the spectrum, the number of jobs in accommodations and food services shrunk by 14,000. Also, the price of oil, one of Canada's major exports, was pressured by signs of a slowing global economy. Rounding things out was a 15.1k net increase in self-employment. Wages accelerated again, rising 2.2% for permanent employees (January: + 1.8%). It's a key reason why the Bank of Canada is sticking to its belief the economy will rebound and interest rates will likely head higher . (more...)