Finance

by | February 19, 2019 | 13:14

Payless is the latest retail chain to close up shop in the United States. Signs at the Miller Hill Mall Payless store have been posted, saying: "Everything must go." and "All sales final". The debt-burdened chain filed for Chapter 11 bankruptcy protection in April 2017, closing hundreds of stores as part of its reorganization. It emerged with fewer stores, its debt cut in half and creditors owning the company.

by | February 19, 2019 | 11:37

International Brent crude oil futures were at $66.08 per barrel at 0220 GMT, down 42 cents, or 0.6 percent from their last close, but still not far off the 2019 high of $66.83 a barrel hit in the previous session. local time. Financial markets, including crude futures, were also generally supported by hopes that the United States and China would soon resolve their trade disputes, which have dragged on global economic growth.

by | February 19, 2019 | 03:39

Then, looking annoyed and possibly sensing she is being filmed, Gonzalez screams, "You want to make this viral b--s?" and spits at the passenger in front of her. [Expletive] all y'all. My mom's gonna be so proud of me tomorrow. Bye, enjoy your self in Vegas babies. "Alright, I'll get my bags". "Gonzalez then blows kisses to those filming the incident, crying out" "Who's taping this?" Another passenger reportedly claimed Gonzalez had sat next to her and hit her on the arm when she refused ...

by | February 19, 2019 | 03:37

It quoted a tweet from a conservative member of Parliament, Justin Tomlinson, who said, " Honda are clear this is based on global trends and not Brexit , as all European market production will consolidate in Japan in 2021". It's already announced a six-day shutdown in April 2019 to assess disruption in relation to Britain's impending exit from the European Union on March 29, but a decision to close the factory entirely would come as a shock move.

by | February 18, 2019 | 23:56

A report from Reuters says that the discount shoe chain is expected to file for bankruptcy in the coming weeks, closing the remaining stores. The report mentioned that there is still a small chance the company could be bought after the bankruptcy filing.

by | February 18, 2019 | 18:30

The company has been trying to find a buyer, but attempts have been unsuccessful. The liquidation process doesn't affect Payless's franchise operations or its Latin American stores, which remain open for business, according to the statement .

by | February 18, 2019 | 13:14

It will be launched in a test mode in the coming months. JPMorgan Chase on Thursday unveiled a prototype for a digital coin system using blockchain , a first among major banks as disruption accelerates change in financial services. JP Morgan, one of the world's biggest banks, whose CEO Jamie Dimon once referred to Bitcoin as a " fraud " has now chose to get into the digital currency space by creating its currency which will be used to settle transactions between clients of its ...

by | February 14, 2019 | 21:57

He suggested the Enquirer coverage was politically motivated as Mr Pecker is a close friend of Donald Trump , while Mr Bezos owns The Washington Post , which the U.S. The tabloid also boasted of being in possession of "raunchy messages and erotic selfies" by the two. Both have denied the infidelity and have said they began the relationship only after they officially separated from their spouses.

by | February 14, 2019 | 21:39

The first signs of serious trouble appeared two weeks ago, when an opponent of Amazon's expansion was appointed to a NY state commission that needs to approve the incentive package the state was offering for the expansion. Instead, the e-commerce giant will move forward with existing plans in Virginia and Nashville and continue to hire across its 17 tech hubs and corporate offices in the United States and Canada.

by | February 14, 2019 | 20:56

Yesterday, we reported on a possible partnership between Tesla and General Motors for an all electric pickup truck. Of course, assuming negotiations are taking place, the potential exists that the talks could fall through and no deal announcement will be made.

by | February 14, 2019 | 20:39

The company makes simply designed white Wi-Fi pucks that people can plug in around their homes, An Eero Wi-Fi system is meant to provide more reliable Wi-Fi in every nook and cranny of a home than a single Wi-Fi router. In 2016, the company backed Wi-Fi start-up Luma as part of a $12.5 million round. It will be interesting to see what happens once they are owned by Amazon.

by | February 14, 2019 | 18:27

This temperature regulation ensures that your dog won't overheat while you run inside to grab some groceries. Tesla has rolled out a new mode for pet owners that creates a safe environments for pets to stay in the auto while the owner is away.

by | February 14, 2019 | 16:57

Chinese staffers adjust a US flag before the opening session of trade negotiations between USA and Chinese trade representatives at the Diaoyutai State Guesthouse in Beijing , Thursday, Feb. "They feel that it is humiliating for China if another country does this", he said. "It is hard to reach an agreement within a short time on structural reforms if the United States demands too much", Yu said.

by | February 14, 2019 | 14:36

Almost 15 years after the A380's maiden flight, the aircraft will be taken out of production, the company said in a statement on Thursday. Airbus's decision is good news for rival Boeing . But in the end, it wasn't passenger support, but the lack thereof from airlines that hastened the A380's demise. Ironically, the double-decker planes are popular with passengers, but airlines have come to view them as inefficient.

by | February 14, 2019 | 12:41

Although Trump said he's generally "not inclined" to delay raising tariffs. "There's been sort of a steady increase", Admiral John Richardson, the US Chief of Naval Operations, told reporters earlier this month when asked about China's militarization of the area.

by | February 14, 2019 | 10:55

WTI has also derived some support after the API reported late on Tuesday a almost 1M barrel drop in United States crude oil supplies during last week. The U.S. Treasury's guidance, which appears deliberately unclear, has left many third-country buyers uncertain about whether they can do business with PDVSA without also falling foul of sanctions.

by | February 14, 2019 | 08:24

The airline is seeking payment from the unnamed traveller, who it believes booked the ticket as part of a widely used hack of buying cheaper flights by avoiding the premiums placed on non-stop options. He successfully completed all legs of the departing flight, but on the return leg left the plane in Frankfurt. The defendant asked the court to dismiss the airline's request, saying the airline's terms and conditions don't apply to his actions - and that Lufthansa's request to recalculate ...

by | February 14, 2019 | 08:15

The biggest ever monthly fall in gas prices since comparable records began in 1988 coincided with the start of energy regulator Ofgem's cap on household bills . Brexit pandemonium in parliament and uncertainty over the shape of the UK's future relationship with the European Union is the only thing keeping the Bank of England from raising rates again, most economists say, given the United Kingdom is due to depart the EU on March 29.

by | February 14, 2019 | 08:11

With less than two weeks left until the leaders of North Korea and the USA sit down for their second summit in Hanoi , .it looks like the details of Kim Jong-un's visit to Vietnam have been finalized. Mr. Kim is said to be considering a state visit to Hanoi ahead of the highly anticipated summit. They live in an apartment in the city of Hanoi, in Vietnam.

by | February 14, 2019 | 07:21

Huawei, which briefly surpassed Apple to become the world's No. 2 smartphone brand previous year, led all major brands in China. Chief Executive Officer Tim Cook has seen China as a key part of Apple's strategy: last fiscal year the company generated nearly $52 billion in revenue from Greater China, a region that includes Hong Kong.

by | February 14, 2019 | 07:12

Tencent usually targets overseas gaming companies for its investments, but recently it has started to bet on other social media platforms. Reddit plans to use the funding to expand internationally and grow its ad platform. Reddit has been on a roll lately, growing its audience to 330 million monthly active users generating 14 billion page views in 2018. But Tencent, according to Crunchbase, is an investor in 349 companies, many in the west, and there is no proof that they have ever ...

by | February 13, 2019 | 21:38

A day later, the EIA confirmed the inventory build, but a smaller one at 1.3 million barrels. The rapid growth in USA production, led by shale oil output, has led to an unwelcome build in inventories of crude and refined products, while refining margins for the gasoline it yields have collapsed around the world.

by | February 13, 2019 | 20:16

According to Roadandtrack's report , the Tesla Model Y will share most of its parts with the Tesla Model 3 sedan. "We sold through just about every vehicle we had on the ground and we called nearly every being on the planet who had ever expressed desire to own a Tesla to let them know the tax credit was expiring", said the other ex-employee.

by | February 13, 2019 | 19:48

Mr Campbell waited 54 days to collect his $158.4 million ($1.17 million US) prize from the nation's Super Lotto , after his original win in November a year ago. It may have taken Campbell awhile to collect the prize, but at least it gave him time to think about how he wants to spend it. The owners of the Super Lotto even put out advertisements urging the victor to claim the prize before reaching the 90-day deadline.

by | February 13, 2019 | 07:14

Chinese and U.S. officials will hold high-level talks this week aimed at halting their damaging trade war. "But at some point, I expect to meet with President Xi, who I have a lot of respect for and like a lot, and make the parts of the deal that the group is unable to make", Trump said.