Finance

by | January 02, 2020 | 19:40

Stocks are expected to continue to build and drive gas prices cheaper in the new year. Gas prices in South Dakota are averaging around $2.48 per gallon, according to AAA Spokesperson Marilyn Buskohl. GasBuddy's head of petroleum analysis, Patrick DeHaan, commented, "Prices jumped thanks to a notable, yet anticipated drop in oil inventories, sending oil to multi-month highs above $61 and gasoline prices following".

by | January 02, 2020 | 13:22

Like other multinational companies that use global tax minimization strategies, Google has always said that it pays all of its taxes. The scheme had allowed the business and other multinationals to slash their corporate tax bills to zero outside the United States, and to delay paying American taxes by routing profits through a complex structure of holding companies in Ireland , the Netherlands and Bermuda.

by | January 01, 2020 | 11:55

Wall Street dipped in thin trading on the last day of the decade as a year-end rally powered by optimism around trade and an improving global outlook fizzled out, though the S&P 500 was still on course for its best year since 2013. The market's trajectory to a strong finish for the year began in October as stocks emerged from a late-summer slump caused by fears that the US economy could be headed for a recession.

by | January 01, 2020 | 04:56

The price of high speed diesel (HSD) has been increased by Rs 2.25 per litre, making it jump to Rs 127.26 from existing Rs 125.01 per litre. In global markets as well, petrol and diesel prices are constantly on the rise, resulting in a direct impact on the rates in the country.

by | December 31, 2019 | 20:55

President Donald Trump's efforts to impose import tariffs to bolster US manufacturing instead led to retaliatory tariffs that harmed some USA industries, according to a new Federal Reserve study . Whereas Trump's tariffs did cut back competitors for some industries within the US market, this "small optimistic impact" was greater than offset by rising prices that USA corporations (and shoppers) needed to pay for imports and by retaliatory tariffs, the paper discovered.

by | December 31, 2019 | 19:56

Many Australians had called on their government to cancel the fireworks in Sydney Harbor this year given the country's ongoing wildfire crisis, and donate the money to firefighting relief efforts instead. Sydney's fireworks display in 2018. Critics of the Sydney display argued that going ahead with it would send the wrong message. "They look at our vibrancy, they look at our passion, they look at our success".

by | December 31, 2019 | 18:53

Tesla has said it plans to make 250,000 cars a year at the Shanghai factory after the addition of its Model Y crossover. By delivering the first cars on December 30, Tesla managed to go from breaking ground at the site to starting production in just 357 days.

by | December 31, 2019 | 12:38

A day after the government said all operators will be allowed to participate in the upcoming 5G trials, the Department of Telecom ( DoT ) held a meeting with various service providers and equipment vendors, including Huawei, to discuss the way forward.

by | December 31, 2019 | 09:24

But the fireworks have become a controversial topic lately, given the climate emergency that's now happening down under. "The risk is too high and we must respect our exhausted (firefighting) volunteers", he wrote on social media. Toxic smoke haze from bushfires raging across Australia has blanketed Sydney and other major cities for weeks. New South Wales - where Sydney is situated - is the worst hit state, with almost 100 fires continuously burning there.

by | December 31, 2019 | 07:41

Citing an associate of Mr. Ghosn , the British newspaper said the ex-executive landed at Beirut's Rafic al-Hariri worldwide airport late on Sunday. The businessman faces four charges - which he denies - including hiding income and enriching himself through payments to dealerships in the Middle East .

by | December 31, 2019 | 06:24

The Warehouse will be partying from 8 p.m. until 2 a.m. with the Lebanon based southern hip-hop artist, Haystack. Also in Taipei, the Miramar Entertainment Park's "2020 Enjoy love, enjoy life" party, being held in the site's plaza, starts at 6:30 p.m.

by | December 31, 2019 | 04:07

The White House has signalled that a trade agreement with China could come within the next week, amid speculation that a delegation from Beijing will travel to the U.S. Under the deal, China would be required to buy a large quantity of United States farm products and better protect intellectual property. Trump told reporters that there will be a signing ceremony when the two leaders will get together.

by | December 30, 2019 | 16:24

The rules would come into full force three years after being finalized. FAA officials said that, as a security precaution, the new tracking technology would be required for drones to operate. Remote identification of drones, and link of that identity with the drone operator, is considered a crucial part of an uncrewed traffic management (UTM) system and enforcing drone rules.

by | December 30, 2019 | 13:12

Several states will reportedly increase their minimum wage rates in the new year, according to payroll experts Wolters Kluwer Legal & Regulatory U.S. The bill, however, didn't make it past the Senate. Tipped workers are at 38 percent of the regular minimum wage, and make a minimum of $4.58 per hour by 2030.

by | December 30, 2019 | 07:43

Turkish President Recep Tayyip Erdogan unveiled prototypes of a domestic electric vehicle on Friday , fulfilling a long-cherished dream of building the first "national" Turkish automobile. Five domestic companies, including heavy vehicles maker BMC, Vestel's (OTC: VEKSF) parent company Zorlu Holdings , and mobile phone operator Turkcell (NYSE: TKC ), alongside Anadolu Group and Kiraca Holding AS.

by | December 30, 2019 | 05:38

When their vehicle approached the drive-through window, the woman - who was driving at the time - reportedly said the words "help me" to the service cashier. "Thank you to our team for managing this appropriately, and to the San Joaquin County Sheriff's Office Deputies who are uniformly serving and protecting our community!" "Amazing employees for believing her and taking action and awesome sheriffs for getting there in time!" one woman wrote, while another said: "Im so glad for the ...

by | December 29, 2019 | 19:43

The deal will now face an in-depth investigation by CMA panel members, expected to take as long as six months, to assess whether the investment will create a "relevant merger situation", and if that situation will hurt competition. That then is the problem and unless and until the two companies are able to persuade the CMA that its fears are groundless, approval will not be given for the investment.

by | December 29, 2019 | 14:16

Besides a much-improved design and a new touch-sensitive area, the best feature of the new Apple Pencil is that it can magnetically attach to the iPad Pro, making pairing and charging the accessory much easier. Reportedly, the new iPad Pros will still feature similar LCD displays to the ones we got to see on the iPad Pro 2018 lineup. Additionally, Kuo also reiterated that Apple plans to release its low-priced iPhone "SE 2" in the first half of 2020 too.

by | December 29, 2019 | 10:40

The Model 3, built at Tesla's new plant in Shanghai , will begin deliveries on Monday. The move is bound to push local sales higher, especially as it comes after another piece of good news for the EV maker: earlier this month, the Chinese Ministry of Industry added the locally made Model 3 to its list of subsidy-eligible EVs.

by | December 28, 2019 | 22:20

On a related matter, Amendment 2, whose language the Florida Supreme Court recently approved for inclusion in the November 2020 ballot, sets the stage for more possible minimum wage increases in the Sunshine State. Look for the state's minimum wage to go up next week. The current federal minimum wage for non-tipped workers is $7.25 an hour. As a result, all of those workers would fall below the poverty line.

by | December 28, 2019 | 13:09

USA officials have issued a 90-day reprieve on their ban on dealing with Chinese tech giant Huawei, saying breathing space was needed to avoid huge disruption. The WSJ claims that as well as claiming $46 billion in loans and credit as well as other direct state aid, Huawei's work was also supplemented by tax breaks amounting to $25 billion.

by | December 28, 2019 | 11:56

Today, YouTube not only took down the videos that they reinstated yesterday, but they took down at least one other video that they'd never taken down before. Yet another YouTube channel to have some cryptocurrency videos removed was sunny decree - a channel with over 112k subscribers. All of which are among the most popular crypto channels.

by | December 28, 2019 | 08:11

The product distributed by Kien Fat Trading was recalled earlier in the month in Europe and the US due to the same problem. What do you need to do? There are fears the hot sauce could splatter on people or property if opened and could cause long-term damage if it gets in someone's eyes.

by | December 28, 2019 | 05:38

Wall Street capped a week of listless trading Friday with an uneven finish for the major stock indexes. The Dow Jones Industrial Average rose 55 points, or 0.2%, to 28,570. Trading was lighter than usual as US markets reopened after the Christmas holiday. American Airlines Group was the biggest decliner in the S&P 500, shedding 0.8%.

by | December 28, 2019 | 04:22

Registrations of Tesla cars hit a five-month high of 5,597 in November, versus 393 one year ago. Tesla's foray into China is a foray into the world's largest electric vehicle market amid a trade war between the United States and China that has already hurt sales of imported cars with the extended exchange of tariffs between the two.