Economy

Robert De Niro's censored Trump comments at Tony Awards get standing ovation

President Donald Trump . It was censored for the TV audience, but De Niro's lips were easy to read. Once again relegated to backstage where she was clearly having more fun than everyone else, Rachel Bloom, patron saint of Tony fans , was a rock, including asking Amy Schumer if the Tony nominee was Jewish. [Full Article...]

Crude oil prices unstable as markets anticipate increased OPEC output

Crude oil prices unstable as markets anticipate increased OPEC output Oil prices fell, reversing early gains as signs of weakening demand in China and surging USA output weighed on markets despite support from supply woes in Venezuela and OPEC´s production cuts. That suggests USA output, already at a record 10.8 million bpd, will climb further. Saudi Arabia has told OPEC that it raised oil output to a little more than 10 million bpd in May, up from 9.9 million... [Full Article...]

Rodman arrives in Singapore ahead of summit

Rodman arrives in Singapore ahead of summit US President Donald Trump arrives at Paya Lebar Air Base for a summit with North Korea's leader Kim Jong Un , June 10, 2018, in Singapore . On Sunday, Trump said he'd know " within the first minute " whether Kim will agree to denuclearization . [Full Article...]

Consumers’ Internet Use Could Change As ‘Net Neutrality’ Ends

Consumers’ Internet Use Could Change As ‘Net Neutrality’ Ends FILE PHOTO: Chairman Ajit Pai speaks ahead of the vote on the repeal of so called net neutrality rules at the Federal Communications Commission in Washington , U.S., December 14, 2017. Several states have taken measures to ensure the rules stay in effect. According to the National Council of State Legislatures, governors in six states - New Jersey , New York, Montana, Rhode Island, ... [Full Article...]

IHOP says ‘b’ is for burgers, temporarily

In a tweet , the restaurant says the "b" stands for burgers . After teasing a mysterious new logo with a "b" instead of a "p" online last week, International House of Pancakes announced Monday it was changing its name to International House of Burgers , reported CNN . [Full Article...]

Amazon expands Whole Foods discounts to Prime members in North Carolina

Amazon expands Whole Foods discounts to Prime members in North Carolina Starting this Wednesday, June 13, Whole Foods stores in 10 additional states - including Amazon's home state of Washington - will offer new 10 percent discounts on sale items and other special deals to Amazon Prime members. Amazon plans to roll out the discounts to all US stores by this summer. Details on the Prime discount at local Whole Foods MarketsIt's the latest move aimed at tighter inte... [Full Article...]

People Are Already Selling Their Elon Musk 'Not a Flamethrowers' on eBay

Amid an ongoing national debate over gun reform and the Second Amendment, some took issue with the fact that such unsafe machines were sold for a mere $500 by the Boring Company , which did not require a background check of would-be flamethrower owners. [Full Article...]

Trump adviser says there’s a ‘special place in hell’ for Canadian leader

Trump adviser says there’s a ‘special place in hell’ for Canadian leader President Donald Trump and his surrogates as the famously polite nation simmered over the weekend broadsides by its U.S. ally. Trudeau triggered Trump's fury when he said that citing United States national security interests as justification for slapping tariffs on Canadian steel and aluminum exports was "insulting". [Full Article...]

Kim Jong Un Takes Selfie During Night Out in Singapore

It would be the first summit between a sitting US president and a North Korean leader. Singapore's foreign minister Vivian Balakrishnan tweeted a selfie with Kim on the surprise walkabout late Monday. Pompeo devoted his prepared remarks (about five minutes) nearly entirely to disputing a New York Times report that the United States lacks the technical expertise to verify North Korean den... [Full Article...]

Trump rips Canada and North Atlantic Treaty Organisation in tweets from Singapore

Trump rips Canada and North Atlantic Treaty Organisation in tweets from Singapore Trump and then tries to stab him in the back on the way out the door", Navarro said . "Fair Trade is now to be called Fool Trade if it is not Reciprocal", Trump tweeted Monday morning in Singapore". " President Trump did the courtesy to Justin Trudeau to travel up". Before he was elected Canadian prime minister, Justin Trudeau faced a consistent type of criticism from his opponents: ... [Full Article...]

Jaguar Land Rover to Move Discovery SUV Production to Slovakia

Jaguar Land Rover to Move Discovery SUV Production to Slovakia Jaguar Land Rover has said all new models will be electrified from 2020, though a spokesman wouldn't confirm whether the Range Rover models to be produced at Solihull will be made in all-electric versions. It also blamed uncertainty over Brexit and vehicle taxation. There are 1,800 agency workers in the Solihull plant, out of a workforce of 10,000. The Lode Lane plant in Solihull is the cur... [Full Article...]

Facebook shared user data with select companies

Facebook shared user data with select companies The secret access Facebook granted to this limited group of companies came after the tech giant claimed in 2015 that it had stopped granting access to such a broad range of user data. "But other than that, things were shut down". One former Facebook employee told the Journal , "99 percent of developers were treated the same, but 1 percent got special treatment because they accounted for all the v... [Full Article...]

White House: North Korea talks moving 'more quickly than expected'

White House: North Korea talks moving 'more quickly than expected' Tuesday's summit will begin with the official meeting of the two heads of state at 9 a.m. ( Singapore time), with a one-on-one meeting to follow. The official was not authorized to speak publicly about internal deliberations and insisted on anonymity. [Full Article...]

Kia recalls 508K vehicles to address airbag module failures

Kia recalls 508K vehicles to address airbag module failures Vehicles covered by the Kia recall include 2010 through 2013 Forte compact cars and 2011 through 2013 Optima midsize cars. It was added that a few injuries caused by the issues have been reported. KIA says it is working with its supplier to fix the issue. ZF-TRW also said the parts are made to auto manufacturers' specifications. Kia spokesman James Bell said the company "is attempting to ... [Full Article...]

IHOP reveals the secret behind their new name IHOb

IHOP was an acronym for International House of Pancakes. The restaurant's website, still found at www.ihop.com claims their new Ultimate Steakburgers are "un-burgerin"-believable". News of the restaurant's name change was originally announced June 4 , though the company remained mum on what the "b" would stand for, or whether the change would be permanent. [Full Article...]

Donald Trump, Kim Jong-un arrive in Singapore for historic summit

The standard thinking goes that he needs quick help to stabilize and then rebuild an economy that has suffered amid a decades-long pursuit of nuclear bombs, and that the North Koreans see a unique chance to win concessions, legitimacy and protection from a meeting with a highly unconventional US president who's willing to consider options past American leaders would not. [Full Article...]

Poundworld set to appoint administrators, putting jobs in west Cumbria at risk

Poundworld set to appoint administrators, putting jobs in west Cumbria at risk Poundworld founder Chris Edwards is said to have been attempting to put together a rescue bid for a chunk of the company. If a solvent sale of Poundworld cannot be agreed, the business could be sold through a pre-pack administration or collapse outright, underlining the urgency of rescue talks which are being led by Deloitte, the professional services firm. [Full Article...]

Bitcoin hits two-month low after South Korean exchange hacked

Bitcoin hits two-month low after South Korean exchange hacked The real problem lies with the remaining 30 percent affected by the breach. Two-thirds of the coins confirmed to have been leaked are covered by freezing / recalling through consultation with each coach and related exchanges. Other stolen tokens in differing values have also been sent to another decentralized exchange EtherDelta, data from etherscan .io revealed. It appears the thieves were als... [Full Article...]

5,000 jobs at risk as Poundworld slides towards administration

Other parties named as possible buyers for the business, which is owned by TPG Capital, were turnaround specialist Alteri Investors and Poundworld's founder Chris Edwards, but a deal couldn't be struck. A TPG spokesperson said it was a "difficult decision for every party involved". There remains optimism that a proportion of the chain's staff will avoid losing their jobs if buyers can be found f... [Full Article...]

Kim summit to cost Singapore 'around $20 million': PM Lee

Kim summit to cost Singapore 'around $20 million': PM Lee Kim is welcomed by Singapore's Prime Minister Lee Hsien Loong during his visit to the Istana, the official residence of the prime minister, following the North Korean leader's arrival in Singapore . Authorities imposed tight security around the summit venue and related luxury hotels - including installing extra pot plants outside Kim's expected accommodation to obstruct reporters' views. [Full Article...]


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