Economy

United States officials arrive in China for trade talks as deadline looms

United States officials arrive in China for trade talks as deadline looms Deputy-level talks began this week in Beijing. Lighthizer did not answer reporters' questions on his arrival at a hotel in the Chinese capital. "He wants to meet with President Xi very soon", White House adviser Kellyanne Conway said Monday on Fox News. [Full Article...]

Lottery Winner Wore 'Scream' Mask to Claim Prize

Lottery Winner Wore 'Scream' Mask to Claim Prize According to St. Lucia News, a man who won $158 million in the Super Lotto , who identified himself as A. Campbell , claimed the jackpot prize while wearing a mask from the movie " Scream " to help hide his identity. Winning the lottery may seem like a dream come true, but the fear of getting robbed after that? The victor also told Loop that the winning numbers came to him in a dream, and th... [Full Article...]

McDonald's Rolls Out Donut Sticks

McDonald's Rolls Out Donut Sticks The donut sticks will debut on February 20 and will only be available for purchase during breakfast hours. The Donut Sticks are not microwaved, but flash-fried. Participating locations will also be offering a combo deal, where you'll be able to get a half-dozen Donut Sticks and a small coffee for a special price. [Full Article...]

Tesla's Delivery Team Gutted in Recent Job Cuts

Tesla's Delivery Team Gutted in Recent Job Cuts Tesla has said its focus this quarter is on extending it's outreach and supplying cars to customers wanting the Tesla experience in China and Europe. As for the Tesla Model 3, the Performance allows the one behind the wheel to play with 450 hp. The two laid-off employees said delivery targets assigned for North America - made up mostly of US buyers and market - this quarter would be 55 percent... [Full Article...]

'Hundreds' of Activision Blizzard staff are reportedly being laid off

'Hundreds' of Activision Blizzard staff are reportedly being laid off So far - there have been 9 different Wall Street analysts that have provided investors with their professional projections for Activision Blizzard, Inc . This stock price move and price percentage is noteworthy to traders as it shows final value of stock and how much it changed in recent trading session. [Full Article...]

Bill Kelly: SNC-Lavalin affair has Justin Trudeau on defence again

Bill Kelly: SNC-Lavalin affair has Justin Trudeau on defence again The commissioner is limited from saying much else until the examination is complete, but the statement does confirm this is in regards to the allegations in the Globe and Mail that the PMO attempted to pressure the now-former justice minister to cut a deal with SNC-Lavalin in order to drop criminal charges against the company. [Full Article...]

QuadrigaCX: British Columbia’s Regulator Reportedly Didn’t Have Oversight Over the Exchange

QuadrigaCX: British Columbia’s Regulator Reportedly Didn’t Have Oversight Over the Exchange According to a Reuters report, the controversial exchange has had no regulatory approval from Canadian securities watchdog for functioning as a crypto exchange . The article also detailed Cotten allegedly was dealing with a legal battle with the Canadian Imperial Bank of Commerce (CIBC) when his death occurred. [Full Article...]

New Brunswick adds 3,600 jobs in January, pushing unemployment rate down

New Brunswick adds 3,600 jobs in January, pushing unemployment rate down It was the second month of outsized gains in the last three, though economists said mediocre wage growth and the dismal oil and gas sector would hold back any action by the central bank the next time it decides on interest rates on March 6. [Full Article...]

Aston Martin Lagonda All-Terrain concept teaser released

Aston Martin Lagonda All-Terrain concept teaser released The SUV will be based on the same platform as the Lagonda luxury saloon that was revealed earlier . Serving as their ultra-luxury division exclusively powered by electricity, the Lagonda brand is a step-up in opulence that comes with zero-emissions, more stylish designs and self-driving capability. [Full Article...]

Canada blows past forecasts by adding 67,000 new jobs in January

According to Statistics Canada , there were 18, 873, 900 people working last month across all of Canada , with 1,162,000 people unemployed. "That blew past expectations for a modest 5,000 gain", said Royce Mendes, an economist with CIBC Economics. [Full Article...]

Industrial estate evacuated after Ocado warehouse blaze

Industrial estate evacuated after Ocado warehouse blaze But now, the whole of Walworth Business Park has been evacuated, according to reports. Firefighters have been tackling the blaze on the Andover site for more than 40 hours, after crews were called to the scene at 02:44 GMT on Tuesday. More than 300 firefighters were tackling the blaze on Wednesday afternoon, after it was declared a major incident. Ocado added it was working to minimise disrupt... [Full Article...]

National Pizza Day deals you don't want to miss out on

National Pizza Day deals you don't want to miss out on Pizza Hut is offering pizza-lovers any large pizza for $10.99. Don't forget to sign up for Hut Rewards so you can rack up more points. IHOP: If you're a first time DoorDash customer in Los Angeles, Chicago, Dallas or New York City, you can use code PANCIZZA to get free delivery on one of the restaurant's Pancizzas (a pizza-sized pancake with toppings). [Full Article...]

Carney Says Brexit Uncertainty Cascading Through the Economy

Carney Says Brexit Uncertainty Cascading Through the Economy The bank now forecasts 1.2 percent growth this year, down from 1.7 percent predicted three months ago, the biggest downgrade since the 2016 referendum. Ricky Knox, CEO of Tandem, says, "Consumers and investors are both uncertain about the British economy". A sharper-than-expected slowdown in the global economy is also impacting United Kingdom growth, according to the Bank. [Full Article...]

Facebook told to limit data collection on its users

Facebook told to limit data collection on its users The ruling could not only limit the value the company extracts from its own users' information but also restrict its ability to track people without a Facebook account, who now have no way of consenting to data collection. There's an obvious regulatory clash hollowing out one of GDPR's key tasks: the prevention of different data protection regimes across the EU. Bundeskartellamt Presid... [Full Article...]

Amazon's HQ2 NYC: Amazon reconsiders headquarters after local opposition, report says

Amazon's HQ2 NYC: Amazon reconsiders headquarters after local opposition, report says Amazon .com is reconsidering locating part of its new headquarters in NY because of local opposition , the Washington Post reported on Friday, citing two people familiar with the global retailer's thinking. The source said New Jersey officials have not been given any indication that Amazon is considering moving out of NY. According to the Post , in the past two weeks, the state Senate nomi... [Full Article...]

Trump Gives Jeff Bezos a Nickname, Praises National Enquirer

Trump Gives Jeff Bezos a Nickname, Praises National Enquirer Trump took to Twitter to take a swipe at billionaire nemesis Jeff Bezos after the National Enquirer , run by one-time Trump ally, David Pecker published its bombshell report of Bezos' split with his wife. Cohen and Pecker have each admitted to the scheme to have AMI pay $150,000 to Playboy model Karen McDougal who was shopping a story about an affair with Trump before the 2016 electio... [Full Article...]

USA military ready to 'protect' diplomats in Venezuela - admiral

USA military ready to 'protect' diplomats in Venezuela - admiral Venezuela's dire situation has fuelled a political crisis that has peaked over the last month with Guaido invoking a constitutional provision to declare himself the legitimate, interim president. The Trump administration last week issued sweeping sanctions against state oil company PDVSA, froze profits generated by refining subsidiary Citgo, and has vowed to starve Maduro's government of all reven... [Full Article...]

High-margin pickup trucks drive General Motors profit, shares rise

High-margin pickup trucks drive General Motors profit, shares rise Tesla CEO Elon Musk has said in the past he expected Tesla to start turning regular profits beginning in the third quarter of 2018. "We will continue to make bold decisions to lead the transformation of this industry and drive significant shareholder value", said CEO Mary Barra , under fire recently for GM's latest round of United States and Canada factory job cuts and "non-allocations" (but n... [Full Article...]

Huawei: Tackling security concerns may take five years

Huawei: Tackling security concerns may take five years The company also denied previous claims it could be compelled to assist Chinese national intelligence work using information gathered from the UK. "Our solid track record in security is our strongest evidence [against the security allegations]", said Ryan Ding, the head of Huawei's carrier business group. [Full Article...]

Amazon moves into driverless cars with investment in USA start-up Aurora

Amazon moves into driverless cars with investment in USA start-up Aurora Aurora is among dozens of startups, automakers and large technology companies working on self-driving auto systems, eager to capitalize on a sea change in the transportation industry brought by developments in machine learning. It has partnerships with Byton , Hyundai Motor Co and Volkswagen to develop and test self-driving systems that one day, Urmson said, can be used by a broad range of auto... [Full Article...]


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