Finance

by | June 05, 2019 | 20:56

Reuters reported that the DOJ has been given jurisdiction over a potential probe of Apple . Facebook tumbled as much as 9.3% to $161.01, the most since July. The report Monday said the Justice Department, in turn, will lead the Google probe. Google and Facebook are in the crosshairs of potential U.S. antitrust probes that could disrupt their businesses or even break them apart - but it's not the first time they have faced heat from the feds.

by | June 05, 2019 | 18:10

Then, for his formal arrival at the palace, his moment of pomp and ceremony was heralded by the roar of Marine One's engine as he became the first U.S. During the palace welcome ceremony, Trump and Prince Charles inspected the Guard of Honor formed by the Grenadier Guards wearing their traditional bearskin hats.

by | June 05, 2019 | 00:26

An anti-Brexit group " Led by Donkeys " used large-scale images projected onto London landmarks to protest Trump's visit. "I think probably the entire economy in a trade deal, all things that are traded, will be on the table", he said .

by | June 04, 2019 | 19:41

The U.S. Federal Trade Commission, which enforces antitrust laws along with DOJ, previously investigated Google's business practices. Now the Justice Department has undertaken an antitrust probe of the company's search and other businesses.

by | June 04, 2019 | 08:10

Though Musk hinted on Twitter in May that he hoped to get support for more advanced games running soon. " It's a cool game ", he continued. "It's insanely hard". Games on Tesla are playable through either the touchscreen, steering wheel buttons, or a USB controller. Just as with the Atari games , Cuphead can only be played when the vehicle is parked.

by | June 04, 2019 | 07:10

Chamber of Commerce said. "And, as always, should Mexico choose to implement retaliatory tariffs, agriculture will likely be the first industry targeted". The construction of the wall on the US-Mexican border to prevent the influx of undocumented migrants and drug trafficking has been one of Trump's main campaign pledges.

by | June 03, 2019 | 21:25

In May, a USA warship sailed near the disputed Scarborough Shoal claimed by China in the South China Sea, angering Beijing at a time of tension over trade between the world's two biggest economies. However, the report also appeared to be short on many specific new details about DoD's future plans or initiatives for the region, instead taking a broader view on how its force posture in the region will look like, as well as how it will affect USA partners and allies in the region.

by | June 03, 2019 | 09:37

The cash option for the Jackpot is just over $281 million. The Mega Millions jackpot is now up to $475 million for Tuesday's drawing. According to the game's official website , the odds of winning the jackpot are 1 in 302,575,350. A jackpot victor must match all five numbers on the white balls, numbered 1 - 70, and the number on the gold Mega Ball, numbered 1 - 25. Whichever option you choose, taxes will apply.

by | June 03, 2019 | 03:59

ET/1 p.m. PT. However, other Google services experiencing connectivity problems elsewhere in the world, including YouTube , were still accessible in tests conducted by iTnews and other users. We believe we have identified the root cause of the congestion and expect to return to normal service shortly, ' the statement concluded. Other services that rely on Google Cloud for hosting, such as Uber, Rocket League, and Discord, also seemed to be experiencing issues as a result of the ...

by | June 02, 2019 | 22:54

US refiners use heavy crude oil to blend with lighter USA supply to produce fuels, but reduced production from Canada and Mexico, along with sanctions on Venezuela, has squeezed that supply, making it more expensive. Against that backdrop, stock markets saw deep losses Friday , tugging all so-called risk markets, including oil, along for the ride. Crude oil output in the USA showed a record high level of 12.3 million bpd (mbpd) for the week ending May 24, according to data released by the ...

by | June 01, 2019 | 18:46

Under an order signed this week, Freeport LNG Expansion, L.P. and FLNG Liquefaction 4, LLC (together, FLEX4) have authority to export up to 0.72 billion cubic feet per day of natural gas as LNG from a fourth liquefaction train (Train 4) to be built at the Freeport LNG Terminal , the Department of Energy announced in a press release .

by | June 01, 2019 | 16:43

The downwardly revised increase in GDP, which matched economist estimates, still represented a notable acceleration from the 2.2 percent growth seen in the fourth quarter of 2018. That was the weakest since the first quarter of 2016. The personal consumption expenditures (PCE) price index excluding the volatile food and energy components increased at a 1.0 percent rate last quarter, the government said.

by | June 01, 2019 | 15:59

We've known for over 18 months about the opening, while the location of the store hasn't exactly been secret either thanks to hoardings around the location which covers 21,932 square feet according to Microsoft . Microsoft's flagship store investment in the United Kingdom joins its three gaming studios, start-up hub Reactor London, and the Microsoft Research Lab in Cambridge already established over here.

by | June 01, 2019 | 15:42

Shared solutions, like Uber , is redefining shopping and eating experience, to name a few. That means Uber can shift strategy on its most discounted offerings including UberPOOL, which matches riders headed in the same direction. Will Uber Ever Turn Losses Around? The company raised $8.1 billion for the ride-sharing company on May 10 after offering its stock at $45 a share, a price that was at the low end of the expected range between $44 a share and $50 a share.

by | June 01, 2019 | 12:56

The US in March announced its decision to withdraw the preferential duty benefits named Generalised System of Preferences (GSP) to India after talks between the two sides broke down on "disproportionate" demands by the US side. The GSP is the largest and oldest United States trade preference programme and is created to promote economic development by allowing duty-free entry for thousands of products from designated beneficiary countries.

by | June 01, 2019 | 10:45

A monthly survey of 43 economists and analysts forecast that Brent crude will average $68.84 per barrel in 2019, little changed from the previous poll's $68.57 consensus but above the $66.80 average for the global benchmark so far this year.

by | June 01, 2019 | 10:07

That would boost the pay packets for full time minimum wage workers by $21 a week. "We understand that people on low wages want more money, of course they do". In its report , the Resolution Foundation suggested low pay could be eliminated by the mid-2020s. Australia's A$1.9 trillion economy slowed sharply in the second half of a year ago and early indicators suggest the weaker momentum extended into 2019.

by | June 01, 2019 | 09:26

Garg, who is also the Finance Secretary, said, "Quarterly numbers don't matter...it is basically annual growth..." The manufacturing sector grew at 6.9% in 2018-'19, compared to 5.9% the previous financial year. Friday's data also meant the economy logged an average growth of 6.8 per cent for the full financial year 2018-19. The Indian economy had grown at 7.2 per cent in the previous financial year.

by | June 01, 2019 | 07:42

The Swedish retail giant IKEA announced a new series of rooms that are replicates of some of the most famous TV shows rooms that you can now have in your home. You can express your family's romantic with a colorful string of lights or brag about your great book collection, perfectly organized on our display cases.

by | June 01, 2019 | 07:40

The allegations include that Sony Europe made false and misleading representations by telling customers it did not have to provide refunds for faulty games if it had been 14 days since the purchase or if games had been downloaded. However, another part of the Australian consumer charter states that "Products must be of acceptable quality, that is: safe, lasting, with no faults", and we all know games can ship with many bugs.

by | June 01, 2019 | 07:39

The name "encapsulates the true significance of all that has been achieved in terms of performance", Ferrari said in a statement. The SF90 Stradale can get from 0-100kmph in 2.5 seconds! There is a sharkish cab-forward design, that maximizes interior space by extending the windshield over the front wheels.

by | June 01, 2019 | 04:10

Former Secretary of State John Kerry, who led the negotiations that produced the Iran nuclear deal, is known to be meeting with Zarif as well - which President Donald Trump said earlier this month should have earned him prosecution under the Logan Act.

by | June 01, 2019 | 03:54

US electric vehicle (EV) maker Tesla Inc said on Friday it would price its China-made Model 3 vehicles from 328,000 yuan ($47,529), 13% cheaper than those it now imports as it pushes sales in the fast growing market. Investors are focused on whether the gross profit margin on the Model 3 will remain around 20% in China. Producing cars locally is likely to help Tesla minimize the impact of Sino-U.S.

by | June 01, 2019 | 02:44

No decisions are expected immediately, but the hearing is seen as an important step toward clarifying regulations around the hemp ingredient. Evalon, a subsidiary of U.S. Products containing CBD are already in stores and sold online. Continued Sarasin: "A challenge for us is that the Agricultural Improvement Act of 2018, or Farm Bill , contains several provisions that allow for the cultivation, production and commercialization of industrial hemp and hemp-derivatives like CBD".

by | June 01, 2019 | 01:19

The Price to Sales (P/S) ratio of the stock is 1.49, while P/B (Price to Book) stands at 1.8. Future earnings predictions are perhaps the most essential input when trying to value a company. Canada Goose opened its first mainland China location late previous year in downtown Beijing. Wall Street analysts forecast that Canada Goose Holdings Inc (NYSE: GOOS ) will announce earnings of $0.02 per share for the current quarter, Zacks Investment Research reports.