Finance

Bill Gates Calls Out Ocasio-Cortez Tax Policy

It's about a 20 percent rate, so it has nothing to do with the 39.6 marginal ordinary income rate'. "Now, you finally have some politicians who are so extreme...


Newsflash: Bitcoin Basher Jamie Dimon & JP Morgan Just Launched Their Own Cryptocurrency

According to Farooq, JPM Coin is now a prototype that will be tested with a small number of institutional clients, with plans to expand the pilot program later ...


Who Is Michael Sanchez? The Brother of Jeff Bezos' Girlfriend Faces Scrutiny

Napolitano concluded that the actions of David Pecker-CEO of National Inquirer's publisher American Media (AMI)-amounted to "an act of blackmail because it is...


Bitcoin Will Recover Without 'Mainstream Breakout' in 2019, Says Fundstrat

CRYPTO: we published our 2019 crypto outlook this am. The Wall Street analyst has previously stated his belief in Bitcoin's rise in price, however, is claimin...


GM Holding Secret Truck Talks With EV Automaker

Last week Amazon took part in a $530 million investment round in autonomous driving tech company Aurora, and reportedly has an in-house team focused self-drivin...


Amazon.com announces no-go on NY headquarters

Amazon has said it would bring at least 25,000 and as many as 40,000 jobs to the Long Island City neighborhood over 10 to 15 years. Both locations were select...


Tesla has rolled out a DOG MODE

Atchley tweeted at Tesla CEO Elon Musk in October, asking that the Model 3 include a function "where the music plays and the AC is on, with a display screen say...


Solar Jobs Shrink Again as Trump's Tariffs Bite Industry

Wind and coal trail far behind solar in terms of the number of people employed. The decline in workforce was naturally attributed to the tariff war started ...


Three hospitalised after severe turbulence on flight

In the clip of the disastrous scene recorded after landing, drinks and personal belongings can be seen scattered down the aisle, while the cart itself remained ...


Donald Trump considers 60-day extension for China tariffs deadline

Imports declined 1.5 percent to $178.4 billion. The two economic superpowers have already imposed duties on more than US$360 billion in two-way trade, which h...


Airbus to scrap A380 superjumbo production

Following months of speculation over the plane's future, Airbus said it had taken the decision after Emirates scaled back an order for A380s - choosing instea...


Fashion startup Zilingo raises $226 million from Singapore's Temasek, others

Zilingo , founded by Ankiti Bose and Dhruv Kapoor, started as a fashion and lifestyle marketplace in 2015 to help small merchants build scale. He heads the br...


Nigeria’s crude oil production falls to 1.999m bpd

Meanwhile, Barclays bank added, "Oil production is rapidly falling and companies that normally resell Venezuelan crude have not found ways to mitigate the effec...


Reddit Raises $300 Million In New Funding Round Led By Tencent 02/13/2019

Reddit is ranked among the most visited U.S. websites, and has more than 138,000 "communities" for discussions on various topics. Some media later suggested ...


Ford announces three recalls, one of which covers 1.5 million pickup trucks

Ford has launched three recalls for vehicles sold in the U.S. market including the 2011-2013 F-150, 2017-2019 Lincoln Continental, and the 2019 Mustang, Linco...


Apple sales tumble in China as smartphone market shrinks

Profit was $19.9 billion or $4.18 a share. Apple's October-December shipments suffered a almost 20-percent decline from the same period in the previous year. ...


Morgan Stanley's offer for Solium Capital is fair, Haywood says

The deal will allow Morgan Stanley to attract young salaried workers, who after they sign up on Solium to manage their stock options, can eventually choose the ...


Oil gets a boost from Saudi output pledge, declining U.S. inventories

Oil Storage Tanks at Cushing, OKThe global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC, even with the group's prod...


Theresa May tells MPs to 'hold our nerve' over Brexit deal

May will update the House of Commons on Tuesday on the state of the negotiations, a day earlier than planned to give lawmakers more time to "digest" the remarks...


World Business Report, Why Lufthansa sued a passenger for missing a flight

Lufthansa said it believes the passenger bought a multi-stop ticket but never meant to complete the full trip. The pricing strategies for "network carriers" ...


Tesla cuts Model 3 price for second time this year

To this point, each nation has been Tesla's most attractive areas in the case of gross sales, and this might assist them to dominate the market. For some dog ...


Consumer Inflation At 2.05% In January, Lowest Since June 2017

Manufacturing output, which accounts for 77.63 per cent of the index, grew at 2.7 per cent in December as against 8.7 per cent a year ago but was higher than co...


Mitsubishi ASX in Geneva hints at new Outlander Sport in US

Mitsubishi says that the Outlander Sport has sold around 1.32 million units globally since it launched in 2009. Mitsubishi says that the exterior of the O...


Bellevue house and garage where Jeff Bezos started Amazon up for sale

The bummer for those that would be interested in buying the house as a (very expensive) bit of tech memorabilia is that the garage that Bezos worked in has been...


$5M Lotto 649 jackpot won by BC ticket holder

Last night's winning Lotto Plus 1 numbers were: 11, 14, 16, 22, 26, 43 and the bonus ball was 30. While there was a victor for the Lotto Plus 1 jackpot there ...


Donut Sticks coming to a McDonald's near you

The Donut Sticks are not microwaved, but flash-fried. "They're sprinkled with cinnamon sugar for a crunchy outside and soft, doughy inside, and served warm to...


Man claims lottery jackpot wearing 'Scream' mask to hide identity

Donning a white ghostly mask made popular by the film, the victor, identified only as A. Campbell , arrived at the Spanish Court Hotel in Kingston to pick up h...


Allegiant announces cheap flights from Wichita to Florida's Emerald Coast

It places travelers between Pensacola and Panama City Beach. Introductory fares will be as low as $49 each way, according to a news release from Allegiant. "D...


Musk Visits Europe as Model 3 Teslas are Readied for Buyers

As we reported earlier this week, the first massive shipment of Tesla Model 3 vehicles arrived at the Zeebrugge port in Belgium. Nevertheless, in hour previou...


Renault denounces Nissan over Ghosn investigation

The logo of Nissan Motor Co.is seen at its show room behind a traffic sign in Tokyo, Japan, February 12, 2019. Upon making his first appearance since his ar...


Activision-Blizzard reportedly planning hundreds of job-cuts

The stock had earned Hold rating from Deutsche Bank when it published its report on January 22nd, 2019. The price target set for the stock is $63.67. Activisi...


FDA rebukes 17 firms for selling Alzheimer's drugs illegally

In contrast in Canada, Health Canada said it assesses natural health products "for safety and efficacy, so claims made about their use to diagnose, prevent, mit...


Beijing ‘angered’ as 2 USA warships enter S. China Sea - spokeswoman

Clay Doss, a spokesman for the U.S. Navy's Seventh Fleet, obtained by ABC News . The goal was "to challenge excessive maritime claims and preserve access to ...


Toys"R"Us to make comeback under new company"

Toys "R" Us is back. Just how that company will operate - whether it is relaunched as an e-commerce brand, re-establishes brick-and-mortar locations or become...


Amazon to acquire eero, home mesh router maker

With flexible configurations for different sizes and shapes of home, the company's goal is to eliminate dead spots. "We are incredibly impressed with the eero...


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