Economy

Tesla hits 200,000 U.S. sales, tax credit phase-out to commence

Tesla hits 200,000 U.S. sales, tax credit phase-out to commence The incentives were created to boost electric vehicle sales by giving buyers a tax credit that would bring prices in line with competitive gas cars. But Tesla struggled to ramp up production after it was launched in July 2017 due to excessive automation at its factories. Tesla follows Harley-Davidson Inc in charting plans to expand outside the United States to circumvent tariffs under M... [Full Article...]

Ivanka Trump out of fashion at Canadian retailer

Ivanka Trump out of fashion at Canadian retailer MONTREAL: Ivanka Trump´s clothing line is disappearing from the shelves of Canadian retailer Hudson´s Bay Company, the firm says, more than a year after some United States department stores dropped the items . It appears that Saks Off Fifth also may be phasing out the brand. Hudson's Bay is not the first store to drop Ivanka Trump's line. Coulter also praised shoppers whose efforts behi... [Full Article...]

US lifts ban on ZTE suppliers

US lifts ban on ZTE suppliers Treasury last month. In addition to violating the terms of the settlement, the company lied to the USA about reprimanding employees involved in the illegal actions. "The substantial decrease in results was mainly due to operating losses and provision for losses resulting from the suspension of the major operating activities", ZTE said in the exchange filing. [Full Article...]

At Least 4 More States Report Infections Linked to Tainted McDonald's Salads

At Least 4 More States Report Infections Linked to Tainted McDonald's Salads At least one of the affected restaurants is in each of the following states: Illinois , Iowa , Indiana, Wisconsin, Michigan, Ohio, Minnesota, Nebraska, North Dakota, South Dakota, Montana, Kentucky, West Virginia and Missouri. The same day, an Iowa health official said the state found "15 Iowans who ate McDonald's salads in late June to early July prior to getting ill". The symptoms, which can... [Full Article...]

Ryanair Pilots Strike, Causing Cancellations Just as Tourist Season Takes Off

Ryanair Pilots Strike, Causing Cancellations Just as Tourist Season Takes Off Talks led to no progress and 30 flights were cancelled today as a result. IALPA and Ryanair met for talks on Wednesday but that ended without agreement. "Given that Thursday's strike by 25% of our Irish pilots have achieved nothing , we hope they will now accept our offer to set up a working group to discuss, explain and resolve their issues". [Full Article...]

Broadcom to buy CA Technologies in $19B deal

Broadcom to buy CA Technologies in $19B deal CA shareholders will get $44.50/share in cash, about a 20% premium to today's close. He further said that because the two companies have no overlap, they won't face the kind of regulatory scrutiny that has delayed or scuttled chip-related deals . [Full Article...]

Chuck E. Cheese's answers 'bear' fiasco with own Pay Your Age day

Chuck E. Cheese's answers 'bear' fiasco with own Pay Your Age day The store distributed vouchers for customers who waited in line but left without a stuffed animal and will also make the vouchers available to USA and Canada Build-A-Bear Bonus Club members who log into their account by Sunday, July 15. [Full Article...]

Ryanair cancels flights for pilot strike

Ryanair said it had canceled 30 of its 290 Irish flights on Thursday as a result of a strike announced by the Irish Airline Pilots' Association last week. Some one hundred directly employed Ryanair pilots based in Ireland launched a 24-hour strike on Thursday after the airline's management failed to meet their demands during Wednesday talks. [Full Article...]

Build-A-Bear at Broadway at the Beach remains open despite crowds

Build-A-Bear at Broadway at the Beach remains open despite crowds Thursday due to extreme crowds and safety concerns . It said the goal is to better control traffic at the stores and prevent long lines and significant wait times. Outfits and accessories are not included in the deal. Build-A-Bear warned yesterday that it was anticipating long lines and waiting times, adding that it would "make every effort to help as many guests as possible participate in th... [Full Article...]

Dozens sickened after eating McDonald's salads

Dozens sickened after eating McDonald's salads More than 90 people in IL have contracted an intestinal parasite that might be related to McDonald's salads, according to public health officials. People can get infected by consuming food or water contaminated with feces that contains the parasite - it does not spread from one person to another. [Full Article...]

Holiday flights could be hit as Ryanair pilots back strike

Holiday flights could be hit as Ryanair pilots back strike The Ryanair strike next week could see thousands of holidays thrown into chaos as flights are grounded at one of the busiest times of the year. Some 120 union members, a lot of them captains, are directly employed by Ryanair and able to strike, a spokesman for the union said. [Full Article...]

Ryanair makes last-ditch attempt to avert strike

Ryanair makes last-ditch attempt to avert strike A statement from the airline read: "We have this morning planned to cancel up to 30 of our 290 flights to and from Irish airports on Thursday". 10/1/2012 Ryanair at Dublin Airport. "It is unacceptable that competitor airline pilots are actively organising strikes by Ryanair's pilots when these airlines will be the direct beneficiaries of any such disruption", it said. [Full Article...]

Justice Department to appeal its loss in the AT&T-Time Warner trial

Justice Department to appeal its loss in the AT&T-Time Warner trial But in June Leon ruled that the government's objections "rested on improper notions" and warned against an appeal. "The Court's decision could hardly have been more thorough, fact-based, and well-reasoned", David McAtee, AT&T's general counsel, said in a statement. [Full Article...]

U.S. crude plunges 5%, worst daily performance in over a year

U.S. crude plunges 5%, worst daily performance in over a year Oil prices suffered steep falls on Wednesday after Libya said it would boost supply, even as investors fear that trade tensions will hit demand. Washington had previously said countries must halt all imports of Iranian oil from November 4 or face USA financial restrictions, with no exemptions. [Full Article...]

BC considering all options to replace Greyhound services

BC considering all options to replace Greyhound services Claire Trevena says her staff have convened a meeting where she and other ministers will discuss different approaches the provinces are considering and ways they can work together. "How will they get access to adequate health care now?" said Grand Chief Arlen Dumas of the Assembly of Manitoba Chiefs. The only route that will continue to run in B.C.is from Seattle to Vancouver. [Full Article...]

China's trade grows in June amid tensions with Washington

China's trade grows in June amid tensions with Washington The figures come after the two sides exchanged tit for tat tariffs on billions of dollars worth of goods and Donald Trump threatened to up the ante with measures on a colossal $200 billion of Chinese imports. China also said both its imports and exports with the United States rose in the first half of 2018. However, a lower yuan would make it more expensive for China to import USA goods. [Full Article...]

'We are being played for fools': Unpredictable Trump on show at North Atlantic Treaty Organisation

'We are being played for fools': Unpredictable Trump on show at North Atlantic Treaty Organisation He also said meeting the queen would be an experience Trump "will really cherish". "It confirms the goal of 2 percent by 2024". "And that's fine. Of course, they kill us on trade". Trump's repeated comments certainly go beyond the concerns raised by others. "I made the point for Germany that we know we have to do more". But he reiterated his demand that US allies spend more on defense. [Full Article...]

Trump claims a phantom victory in North Atlantic Treaty Organisation spending war

Trump: "They really stepped up their commitment ... stepped it up an additional 33 billion ... " Speaking after a two-day summit in Brussels , he said allies had committed to spending more than 2% of their annual output (GDP) on defence budgets. [Full Article...]

United Kingdom calls for close economic ties in Brexit white paper

United Kingdom calls for close economic ties in Brexit white paper Arriving in the country just hours ago, the President's visit to the United Kingdom hasn't come with a lot of support from residents who have planned protests throughout his trip, already gathering outside the USA ambassador's residence in London where the couple are staying for the night. [Full Article...]

Thaw point: Experts warn on eating frozen vegetables while still frozen

Thaw point: Experts warn on eating frozen vegetables while still frozen The Hungarian Food Safety Agency also recalled some of their products as a precautionary measure recently. "The mix is uncooked and frozen so requires cooking before consumption". It can lead to sepsis and meningitis (infection and inflammation of membranes surrounding the brain). Greenyard is mainly active in the distribution of fresh products, such as vegetables, fruit, flowers and plants. [Full Article...]


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