Business

Business Miraculous' sea rescue of man who went overboard
Author: 0 Miraculous' sea rescue of man who went overboard

According to the U.S. Coast Guard, the crewmember is reported in stable condition. The aircraft was later joined by another Coast Guard plane and a cutter vessel. "We are so happy to know that the individual is safe and will soon be reunited with friends and family". His identity is yet to be revealed. We were first notified of the incident when an oncoming guest stated that the Getaway has been delayed because a crew member went overboard .

Business Anonymous person buys $1M worth of remaining toys at Toys 'R' Us
Author: 0 Anonymous person buys $1M worth of remaining toys at Toys 'R' Us

A picture of Geoffrey the Giraffe leaving Toys "R" Us is pulling on the heartstrings of former Toys "R" Us kids as the chain closes for good Friday. Employees at the Boynton Beach, Florida, store made their frustrations known by hanging signs around the store and protesting outside, WPTV reported.

Business Oil steadies but threat of higher supply curbs gains
Author: 0 Oil steadies but threat of higher supply curbs gains

On April 20, Donald Trump took to Twitter to lambaste the cartel's push for higher prices. With record amounts of Oil all over the place, including the fully loaded ships at sea, Oil prices are artificially Very High! "I think we will see OPEC-plus agree to increase output at the meeting", said Warren Patterson, a commodities strategist at ING Bank NV in Amsterdam, who anticipated OPEC would launch its "exit strategy" before it was signaled by Saudi Arabia last month.

Business Turkey arrests 12 for ‘cursing Erdogan’ before opposition rally
Author: 0 Turkey arrests 12 for ‘cursing Erdogan’ before opposition rally

Turkey, NATO's second-largest member, is bracing for further violence and chaos following the victory of President Recep Tayyip Erdogan in an election that cemented his near-dictatorial powers. He advised Erdogan "not to act as head of AKP but the president of all Turkey". However, Erdogan's rivals received nearly no air time, in a country where media are tightly controlled, and state-of-emergency decrees have limited the freedom of assembly and speech.

Business Harley Davidson to begin moving some production overseas
Author: 0 Harley Davidson to begin moving some production overseas

He later added , "The Aura will be gone and they will be taxed like never before! ". One could have felt bad for Trump had he not been the one who caused the disruptions in the first place. taxes on imported metal. The increase was in response to earlier tariffs on European steel and aluminum imposed by GOP President Donald Trump . "Europe is a critical market for Harley-Davidson", the filing read.

Business N. Korea still building at nuclear site: monitor
Author: 0 N. Korea still building at nuclear site: monitor

U.S. concerns about the threat from North Korean missiles spiked past year as North Korea test-fired long-range missile over Japan and threatened to launch ballistic missiles toward the Guam, a major U.S. The improvements to the nuclear reactor include a water channel that leads to a new cooling water pump house. The 38 North analysts caution that the satellite images "should not be seen as having any relationship to North Korea's pledge to denuclearize", as Time Magazine reports.

Author: 0 Mnuchin denies stories on China-specific investment restrictions

He warned that Beijing had an "enormous array of tools to put pressure on American companies" like Apple and GM, companies that really depend on China. Meanwhile, later this week, the Treasury Department is due to unveil a proposal on investment and export restrictions. Foreign investments already must pass interagency review under the Committee on Foreign Investment in the USA, to see if they violate national security.

Business Supreme Court lets states force online retailers to collect sales tax
Author: 0 Supreme Court lets states force online retailers to collect sales tax

A federal audit said states lost $13.7 billion in uncollected sales tax revenue a year ago. In theory, Thursday's decision should primarily impact bigger businesses rather than artisanal sellers. "Startups and small businesses may benefit from the physical presence rule, but here South Dakota affords small merchants a reasonable degree of protection", the ruling says.

Business Greece ‘turning a page’ as eurozone declares crisis over
Author: 0 Greece ‘turning a page’ as eurozone declares crisis over

This latest agreement was reached after a series of mainly bilateral meetings with key players such as France and Germany, but although the deal does breathe new life into Greece, at least until 2032, it also comes with continued strict fiscal targets and post-bailout scrutiny of its implementation.

Business Erdogan declares victory in Turkish presidential election
Author: 0 Erdogan declares victory in Turkish presidential election

However, Ince said the results carried on Anadolu were not a true reflection of the official vote count by the country's electoral board. Erdogan´s main presidential rival, Muharrem Ince of the main opposition Republican People´s Party (CHP) urged election monitors to remain at polling stations to help ensure against possible election fraud, as final results came in from large cities where his party typically performs strongly.

Business Trump tariff threat on European cars escalates global trade war
Author: 0 Trump tariff threat on European cars escalates global trade war

On Friday, the European Union invoked what it called "rebalancing measures" - raising duties on US steel and aluminum products, agricultural goods and other products - in response to USA global tariffs on steel and aluminum imports . European Union trade officials have described the United States tariffs on steel and aluminum - justified by the Trump administration on grounds of national security -- as "illegal".

Business It's crunch time for OPEC as oil prices rise
Author: 0 It's crunch time for OPEC as oil prices rise

Opec has a history of hard meetings as well as clashes between Iran and Saudi Arabia . "So what level of supply release - we will have to come to a consensus", he said . The proposal has yet to win the backing of all OPEC members, and may also meet resistance from Venezuela, Algeria or Iraq - nations which have limited scope to increase production.

Business Chinese paper says Trump administration has 'blood lust' over trade
Author: 0 Chinese paper says Trump administration has 'blood lust' over trade

President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind. Trump is pressing Beijing to scrap or roll back technology development strategies its trading partners say include stealing or pressuring companies to give up know-how in violation of its market-opening commitments.

Author: 0 Oil rises ahead of OPEC meeting while trade disputes loom over markets

Saudi Oil Minister Khalid al-Falih said that an OPEC committee ahead of the official meeting had agreed "to recommend releasing the equivalent of 1 million barrels or thereabout to the market". "While China could secure the crude from alternative sources, such as West Africa which has a similar quality to U.S. crude, the USA would find it hard to find an alternative market that is as big as China", Suresh Sivanandam, senior manager, Asia refining, at Wood Mackenzie, said earlier this week, ...

Business Trump Targets $200 Billion In Chinese Imports As Spat Grows
Author: 0 Trump Targets $200 Billion In Chinese Imports As Spat Grows

U.S. stocks stumbled early Tuesday, the morning after President Donald Trump threatened an all-out trade war with China . That move comes after his decision to slap a tariff of up to 25 per cent on $ 50 billion of Chinese imports , including including heavy equipment and medicines.

Business Trump Approves Tariffs On $50 Billion Worth Of Chinese Goods
Author: 0 Trump Approves Tariffs On $50 Billion Worth Of Chinese Goods

China will impose additional 25 percent tariffs on 659 US goods worth $50 billion (£37.6 billion) in response to the USA announcement that it will levy tariffs on Chinese imports , the Chinese commerce ministry said . China has said that it will retaliate with $50 billion in tariffs in response, rattling financial markets. After a spiralling trade dispute with President Donald Trump , China has announced its decision to hike the import duties on electric cars and a list of other goods ...

Business Germans ‘turning against their leaders’ over immigration
Author: 0 Germans ‘turning against their leaders’ over immigration

On July 1, after the completion of a two-day European Union summit, Merkel will meet with the CDU executive to discuss next steps, the chancellor said Monday. The German government said no special EU summit is planned, and that would be a matter for EU leaders in Brussels, but "of course the German government is holding talks with various member states and the (EU) Commission" about immigration in Europe.

Business Audi CEO Arrested In Connection With Volkswagen Emissions Scandal
Author: 0 Audi CEO Arrested In Connection With Volkswagen Emissions Scandal

Munich prosecutors investigating Audi's role in the 2015 scandal confirmed they arrested Stadler in the Bavarian capital because of risk that he may tamper with evidence, according to an e-mailed statement Monday. Autocar is due to receive an official comment from Audi imminently. And The Associated Press reports that Stadler, who has spent almost 30 years working for Audi, is under investigation for "fraud and indirect improprieties with documents".

Business Kellogg's recalls Honey Smacks cereal after nationwide salmonella outbreak
Author: 0 Kellogg's recalls Honey Smacks cereal after nationwide salmonella outbreak

The Centers for Disease Control says this salmonella outbreak has sickened 73 people in 31 states. No deaths have been reported. The recalled products have "Best if used by" date of June 14 through January 14, 2019. According to Kellogg's, people who purchased the potentially affected product should discard it and contact the company for a full refund. Most people infected with salmonella develop diarrhea, fever and abdominal cramps within 12 to 72 hours of being exposed to the ...

Business Honolulu Workers Need $39 An Hour To Afford A 2-Bedroom Rental
Author: 0 Honolulu Workers Need $39 An Hour To Afford A 2-Bedroom Rental

Fair Market Rent is Housing and Urban Development's best estimate of what a household seeking a modest rental home in a short amount of time can expect to pay for rent and utilities, according to the report . How can this issue be addressed? Local reports have also pointed to the acute shortage of housing for very low-income renters in Charlotte. The new report examines the cost of living in New Orleans and Louisiana, as well as in other cities and states across the country, plus ...

Business Donald Trump approves tariffs on about $50 billion of Chinese goods
Author: 0 Donald Trump approves tariffs on about $50 billion of Chinese goods

The threat of massive duties on billions of dollars of goods sent Shanghai stocks to their lowest level since September 2016, though it remained uncertain whether Trump would hold fire as part of a negotiating strategy. However, the list was due to be trimmed after a public comment period to reduce the negative impact on United States companies and consumers, so the final total is not confirmed.

Business Meow! Restaurants launch Twitter war with IHOP (now IHOB)
Author: 0 Meow! Restaurants launch Twitter war with IHOP (now IHOB)

And it doesn't stop there. Cheeseburger , who also runs Worldwide Wrestling Dojo in Pennsylvania, responded: "A nice breakfast at IHOP is nearly a national pastime at this point". The name change, though, is meant to help the franchise connect with more people. Wendys' message to IHOP is clear: If you're going to play the burger game on social, you've got to be ready to go up against the reigning champs.

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