Business

Business NYC Truck Driver Comes Forward as Lone $298M Powerball Winner
Author: 0 NYC Truck Driver Comes Forward as Lone $298M Powerball Winner

When he stopped at the gas station on Friday, he made a decision to scan his ticket. "No, I'm not going to continue to work", says Johnson. "I start and can't finish my food ", Johnson said. "He called me and said "Dave somebody won the Powerball at the gas station" and I turned to him and said 'Nah that's not me man that's not my luck, ' Johnson told the news outlet".

Business Oil up on shutdown deal, mounting Venezuela woes
Author: 0 Oil up on shutdown deal, mounting Venezuela woes

Even if the USA doesn't proceed with sanctions, Venezuela's production - now about 1.2 million barrels a day - may lose a further 300,000 to 500,000 barrels a day, RBC Capital Markets LLC estimates. Venezuela is very reliant on the USA for its oil revenue. Still, the long-term trend is a declining dependence on Venezuelan oil. Global oil markets are still well supplied, however, thanks in part to surging output in the U.S.

Business Tension mounts between USA and Venezuela
Author: 0 Tension mounts between USA and Venezuela

Earlier on Friday, the global benchmark crude rose as high as $61.92. Also sustaining higher prices, supply concerns in Libya and Venezuela are set to persist for the time being, while current U.S. “The oil market is partially pricing in the risk to Venezuela's crude production, which has been plummeting in recent years, ” Vandana Hari of Vanda Insights said.

Business Donald Trump signs deal ending longest U.S. government shutdown
Author: 0 Donald Trump signs deal ending longest U.S. government shutdown

Meanwhile, 57, 59 and 61 percent of respondents respectively were in favor of House Democrats using congressional authority to launch investigations into possible collusion between the Trump campaign and Russian Federation; the relationship and communications between Trump and Vladimir Putin; and possible financial ties between Trump and foreign governments.

Business Venezuelan showdown moves to UN as dueling presidents dig in
Author: 0 Venezuelan showdown moves to UN as dueling presidents dig in

The UN urged dialogue in Caracas to avoid "disaster". A USA official said intermediaries were used to deliver messages to Guaido's political mentor and opposition power broker Leopoldo Lopez, who is under house arrest after he tried and failed to lead a mass uprising against Maduro in 2014.

Business Boeing's flying car lifts off in race to revolutionise urban travel
Author: 0 Boeing's flying car lifts off in race to revolutionise urban travel

A prototype of the autonomous passenger air vehicle or PAV completed a brief takeoff, hover and landing during the test conducted in Virginia. The aircraft comes as part of Boeing's future-gazing. With Aurora, Boeing is also working on Uber Technologies Inc's [UBER.UL] UberAIR service for flights that are planned to be available for order via smartphones around 2023.

Business Brazil Dam Collapse: Hundreds missing after dam bursts at mine
Author: 0 Brazil Dam Collapse: Hundreds missing after dam bursts at mine

Television images showed people being pulled out of waist-high mud into rescue helicopters, dozens of which were in use by late Friday because of the cut-off land access. The mine is owned by Vale, a Brazilian mining giant that was involved in a previous 2015 mine collapse in the same state that claimed 19 lives and is regarded as the country's worst-ever environmental disaster.

Business Sweethearts Candy Will Be In Short Supply For Valentine's Day
Author: 0 Sweethearts Candy Will Be In Short Supply For Valentine's Day

Spangler Candy, the company that bought Necco, says there isn't enough time to produce Sweethearts before the holiday. In a bid to save two nostalgic brands, Spangler Candy Co., which makes Dum Dums lollipops, snapped up the rights to Sweethearts and Necco Wafers.

Business Kicked off a plane for smelling bad??
Author: 0 Kicked off a plane for smelling bad??

The passenger said he recorded the encounter and alleged that American Airlines staff removed his family from the plane because they're Jewish. "They said, 'Sir, people have complained that you have body odor", Yossi Adler, 36, told NBC News .

Business Vodafone 'Pauses' Huawei Deployment in Its Core Network
Author: 0 Vodafone 'Pauses' Huawei Deployment in Its Core Network

Huawei said it was disappointed. "We have chose to pause further Huawei in our core whilst we engage with the various agencies and governments and Huawei just to finalize the situation, of which I feel Huawei is really open and working hard", Read said.

Business Bing blocked in China due to technical error
Author: 0 Bing blocked in China due to technical error

Bing isn't obviously the only western service that is blocked in China, other popular services like Google , Facebook, Instagram, and Twitter have been long blocked in the region due to the government's censorship. Smith said Microsoft has "days when there are either hard negotiations or even disagreements" with Chinese authorities about search results on Bing.

Business Venezuela's Guaido leaps from back-bench to center stage
Author: 0 Venezuela's Guaido leaps from back-bench to center stage

Guaido's declaration takes Venezuela into uncharted territory, with the possibility of the opposition now running a parallel government recognised overseas as legitimate but without control over state functions. The armed forces' support for Maduro is "unfailing and unyielding", said Padrino, who thanked those foreign governments, including Mexico, that have called for resolving Venezuela's political crisis through dialogue .

Business Tesla reduces Model S and Model X production; shares drop
Author: 0 Tesla reduces Model S and Model X production; shares drop

The cuts were announced by Chief Executive Elon Musk in an email . As noted by reports from several members of the Tesla community today, the Silicon Valley-based electric vehicle maker has started sending out invites reservation holders and potential customers for Model 3 test drive events.

Business IMF Slashes Saudi Growth Outlook On Lower Oil Prices, Production
Author: 0 IMF Slashes Saudi Growth Outlook On Lower Oil Prices, Production

She also said the bank cut its estimate for growth in 2020 to 3.6 percent from 3.7 percent. The IMF revised its forecast slightly lower - with the world economy estimated to grow at 3.5 per cent this year, and 3.6 per cent in 2020. Gold prices were reversing last week's bearish close as investor concerns over global growth take a grip following the IMF's stark warnings and what appears to be a mixed picture when it comes to Sino/US trade relation progress, a hot topic in Davos this week.

Author: 0 International Monetary Fund cuts forecast for 2019 growth in Canada, world

They represent cuts of 0.2 and 0.1 percentage points from the IMF's projections in October. China released data on Monday showing its economic growth fell previous year to 6.6 percent, the slowest pace since 1990 . "Growth in the Middle East, North Africa, Afghanistan, and Pakistan region is expected to remain subdued at 2.4 percent in 2019 before recovering to about 3 percent in 2020", the global lender said in its World Economic Outlook update for January.

Business Netflix reveals its viewing figures for the first time
Author: 0 Netflix reveals its viewing figures for the first time

The firm reported quarterly revenue of $4.2bn (£3.2bn), up 27% from the same period in 2017. " Bird Box ", " You " and other new programs attracted millions more subscribers to the streaming service, but that wasn't enough. A billion hours of television content is watched daily in the U.S., and Netflix accounts for about a tenth of it, according to co-founder and chief executive Reed Hastings.

Business Google fined $79m for breaching GDPR law
Author: 0 Google fined $79m for breaching GDPR law

Although Google responded to the decision by saying that they committed to meeting the " high standards of transparency and control " expected of them by users - as well as by the strict new European Union data law - they are nonetheless challenging the decision.

Business Democrats aren't buying Trump's latest offer to end shutdown
Author: 0 Democrats aren't buying Trump's latest offer to end shutdown

Senator Dick Durbin of IL, despite co-sponsoring the BRIDGE Act , said in a statement Saturday that he would not support the Trump proposal to reopen the government. Kansas lawmakers are responding to President Trump's proposal to adjudicate deportations in exchange for border wall funding. The latest proposal is an attempt to bring Democrats to the table, but it's unclear the new concessions will win them over.

Business Saudis cut, Russians hiked output ahead of pact: IEA
Author: 0 Saudis cut, Russians hiked output ahead of pact: IEA

The catalysts behind the rally are hope for a trade deal between the United States and China and adherence to the OPEC-led plan to cut production, trim the excess global supply and stabilize prices. The countries issued a statement that said the May 2018 reelection of Maduro lacks legitimacy, and they condemned the breakdown of the constitutional order and the rule of law in Venezuela.

Business Ghosn received 8m euro in ‘improper’ payments: Nissan
Author: 0 Ghosn received 8m euro in ‘improper’ payments: Nissan

However, the companies said, neither of the two knew anything about it. Tokyo prosecutors indicted Ghosn for alleged aggravated breach of trust as well as underreporting his compensation from Nissan . According to the statement, the payment Ghosn received was "hidden" from Mitsubishi but was discovered through the disclosure of information by Nissan.

Business Federal judge: Government employees can't refuse to work unpaid during partial shutdown
Author: 0 Federal judge: Government employees can't refuse to work unpaid during partial shutdown

Federal workers in Kansas furloughed because of the partial shutdown are eligible to apply for state unemployment benefits. NTEU has also filed a separate suit claiming that the shutdown violates federal labor law. While the furloughs only affect federal employees, the collaborative nature of wildland firefighting means the pain of the shutdown is having a ripple effect.

Business Huawei CEO Said Firm Not a Spy for China
Author: 0 Huawei CEO Said Firm Not a Spy for China

Yet the allegations persist because of Huawei's crucial role in the "Made in China 2025" plan . Australia and New Zealand banned its gear previous year and a top British operator moved to remove its existing equipment, while concerns grow in Canada, Japan , France, Germany, Poland, the Czech Republic and other countries.

Business Feds Pursuing Criminal Probe of Huawei for Trade Secret Theft
Author: 0 Feds Pursuing Criminal Probe of Huawei for Trade Secret Theft

Until now, Germany has said it would not implement a ban on Huawei's equipment supplies to its 5G networks. "Chinese telecommunications firms like Huawei represent a growing threat to American national security", said Rep. China detained two Canadians shortly after her arrest in an apparent attempt to pressure Canada to release her. The Chinese government retaliated against the arrest by detaining Michael Kovrig, a former Canadian diplomat, about a month ago, claiming he's a national ...

Business Trump proudly serves ‘1,000 hamberders’ to Clemson football team
Author: 0 Trump proudly serves ‘1,000 hamberders’ to Clemson football team

Within one hour, it was all gone. "Great guys and big eaters!" he concluded. The buffet consisted of fast food dishes like pizzas, burgers, French fries, salads, and fish sandwiches from Burger King , McDonald's, Wendy's, and Domino's. It was President Trump's second time welcoming the Clemson Tigers to the White House since the beginning of his presidency. "The Clemson national championship team will be coming tonight".

Business Brexit worries to keep Theresa May away from Davos
Author: 0 Brexit worries to keep Theresa May away from Davos

LONDON-Prime Minister Theresa May will try on January 17, to break the impasse in Britain's political elite over how to leave the European Union by searching for an emergency exit deal, though there is so far little sign of compromise. "When I've talked in the past about being anxious that they may force us into a second referendum ". Brexit architect Nigel Farage on Thursday predicted a possible rerun of the 2016 ballot in the near future, warning if that happens, "it's no more Mr".

Business Ford and Cadillac SUVs, Toyota sports car star at auto show
Author: 0 Ford and Cadillac SUVs, Toyota sports car star at auto show

Cadillac at the recent North American International Auto Show event in Detroit provided a first look at its upcoming electric crossover. General Motors had very recently announced that it would be turning its Cadillac brand as its " lead electric vehicle brand ", as the playground for electric cars has further leveled.

Business Speaker Pelosi asks President Trump to postpone State of the Union address
Author: 0 Speaker Pelosi asks President Trump to postpone State of the Union address

Senator Patty Murray joined Senate Democrats on the Senate floor and on the steps of the U.S. Capitol to share more stories from Washington state families who have been impacted by the Trump Shutdown. The U.S. Department of Agriculture is temporarily reopening an agency that provides resources to farmers and ranchers. The president, on a conference call with supporters Tuesday, showed no signs of backing down.

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