Business

Business Here's your deals for National Cheeseburger Day
Author: 0 Here's your deals for National Cheeseburger Day

And not to be forgotten, we've already helped you get free beer, free coffee, free movies, free hot dogs ... When you buy one cheeseburger, you can get a second for just $1 in store on Tuesday. Ruby Tuesday: Join the restaurant's So Connected email club for a free cheeseburger (up to $10 with entree purchase on Tuesday or Wednesday of this week) on National Cheeseburger Day .

Business China Premier Li: China's steps of opening up will quicken
Author: 0 China Premier Li: China's steps of opening up will quicken

Trump said that he was always willing to make a better deal with China on trade, but warned them from trying to hurt farmers, ranchers, and industrial workers. A senior Chinese securities market official said USA trade actions will fail as China has ample fiscal and monetary policy tools to cope with the impact.

Business Canada cannabis entrepreneurs 'could face US lifetime ban'
Author: 0 Canada cannabis entrepreneurs 'could face US lifetime ban'

As it stands, anyone who admits to using an illegal drug , regardless of its status in their home country, can be barred from entering the U.S. Typically, travellers will be given the opportunity to "voluntary withdraw" from the border , or they face an "expedited removal".

Author: 0 Trump promises post-market announcement as China tariff reports swirl

U.S. President Donald Trump made a decision to begin taxing the imports - equal to almost 40 per cent of goods China sold the United States a year ago - after a public comment period. But if the administration enacts the additional tariffs it would engulf all remaining U.S. imports from China and Apple products like the iPhone and its competitors would not likely be spared.

Business London mayor Sadiq Khan calls for second referendum on Brexit
Author: 0 London mayor Sadiq Khan calls for second referendum on Brexit

May has repeatedly ruled out a second referendum. Ahead of its annual conference next week, pressure has been building on leader Jeremy Corbyn to come off the fence in support of a second Brexit referendum. Mayor of London Sadiq Khan said as much on Sunday. Britain's Prime Minister Theresa May speaks to assembled guests as she hosts a reception to mark the 70th Anniversary of the NHS, at 10 Downing Street, in central London on July 4, 2018.

Business Coca-Cola denies reports they are looking at making cannabis-based drinks
Author: 0 Coca-Cola denies reports they are looking at making cannabis-based drinks

Coke is looking to team up with the Canadian marijuana farm Aurora Cannabis to develop the beverages. The statement from Coke comes after it was reported that Canada's Aurora Cannabis and Coca-Cola were in talks. Since Canada just legalized recreational marijuana, manufacturers have been showing more and more interest in producing cannabis-infused products. The company declined to comment on additional speculation.

Business Trump slaps tariffs on $200 bln in Chinese goods
Author: 0 Trump slaps tariffs on $200 bln in Chinese goods

While officials said the impact on the USA economy has been minimal, firms across the country report lost businesses, layoffs and possible bankruptcies as input costs rise and exports fall. So tariffs may be here to stay. The Twitter announcement on Aug 10 caused the Turkish lira to crash almost 20 percent, and prompted President Recep Tayyip Erdogan to claim Turkey was victim of a "political plot" and an "economic war".

Business Time Magazine Sold To Salesforce Co-Founder Marc Benioff For $190M
Author: 0 Time Magazine Sold To Salesforce Co-Founder Marc Benioff For $190M

He added that the Benioffs had told him to "think big, really big", and envision what Time will look like in 2040. The deal, which is expected to close in 30 days, was announced to Time staffers on Sunday night. As part of the transaction, Meredith will perform short-term business continuity services for the Benioffs as well as consumer marketing, subscription fulfillment, paper purchasing, and printing services.

Business Bezos announces fund to help homeless families, pre-schools
Author: 0 Bezos announces fund to help homeless families, pre-schools

The Day 1 Families Fund will issue annual leadership awards to organizations that are doing "needle-moving" work to provide shelter and hunger support for families with young children. "But I will say this: I do think it's a mistake for any elected official to attack media and journalists". "If you're the president of the United States or a governor of a state or whatever, you don't take that job thinking you're not going to get scrutinized".

Business India's oil imports from Iran to decrease further
Author: 0 India's oil imports from Iran to decrease further

However, crude oil is supported above $68.45 and can continue its bullish momentum until $68.80. This, the official warned, could eventually enable the member states of the Organization for Economic Cooperation and Development (OECD) to store more oil whereas one of the objectives of the deal was to prevent this from happening given that it could lead to the crash of oil prices internationally.

Business Turkey raises interest rates to 24% in startling bid to curb inflation
Author: 0 Turkey raises interest rates to 24% in startling bid to curb inflation

The bank had not touched interest rates since early June with markets becoming increasingly concerned that the policy of the nominally independent bank is being dictated by Erdogan. Erdogan also noted that Turkish exporters should take advantage of the current levels in foreign exchange rates to increase the volume of exports, and production and employment as well.

Business Oil prices rise as focus returns to supply concerns
Author: 0 Oil prices rise as focus returns to supply concerns

US light crude settled down $1.78, or 2.5 per cent, at $68.59 a barrel. USA crude futures were up 35 cents at $69.60 a barrel. Brent has climbed for four straight sessions, gaining 2.2 percent the previous day. Oil product stocks did rise, with distillate holdings, which include diesel and heating oil, climbing by 6.2 million barrels, while those for gasoline rose 1.3 million, according to the EIA data.

Business Canada's Freeland says US NAFTA talks still constructive, productive
Author: 0 Canada's Freeland says US NAFTA talks still constructive, productive

Prime Minister Justin Trudeau has said the mechanism is crucial to a new NAFTA , but Mexico already has agreed to drop it. One of the sticking points is access to the Canadian market for United States dairy farmers. A political deadline in Mexico to sign the deal by December 1, plus requirements in American law have put pressure on Canada to join the pact by the end of this month at the latest.

Business Never gave Vijay Mallya any appointment: Arun Jaitley
Author: 0 Never gave Vijay Mallya any appointment: Arun Jaitley

After Vijay Mallya's claims on Wednesday that he met Arun Jaitley before leaving India in 2016, the finance minister dismissed it as "factually false" and said the tycoon had accosted him in the corridor of parliament. There is nothing that I can do about it. The extradition trial, which opened at the London court on December 4 previous year, is aimed at laying out a prima facie case of fraud against Mallya.

Business When Trump added an extra zero in his GDP tweet
Author: 0 When Trump added an extra zero in his GDP tweet

Gasparino was writing in response to a tweet from Wall Street Journal columnist Kimberley Strassel . Gasparino responded with a mix of snark and anger. The economy was, however, struggling when Obama took office in 2009. At that time , the American jobless rate was 4.4 percent, and the gross domestic product increased at 16.5 percent in the third quarter - a difference of 12 points.

Author: 0 Hurricane Florence Set To Hit US East Coast

Hurricane Florence is expected to make landfall somewhere between North Carolina, South Carolina, and the Mid-Atlantic states on Thursday evening or Friday morning, according to the National Hurricane Center (NHC). If you are in these areas, or have ties there, take the warning and evacuation orders seriously. Hurricane Florence could cost the East Coast more than $170 billion and damage almost 759,000 homes and businesses, according to analytics firm CoreLogic.

Business Petrol prices touch Rs 90.11 in this Indian city
Author: 0 Petrol prices touch Rs 90.11 in this Indian city

The government is of the view that a weak rupee along with high worldwide crude oil prices can impact fiscal deficit as well as current account deficit. Opposition parties have called for a nation-wide "Bharat Bandh" on Monday (September 10) to protest against the spiralling fuel prices. As fuel prices continued to rise today to record high levels, petrol prices breached the Rs 90 mark in a small Maharashtra town where the price could be the highest in India.

Business Alibaba's Ma to step down in September 2019, Zhang to become chairman
Author: 0 Alibaba's Ma to step down in September 2019, Zhang to become chairman

In a letter to shareholders, Aliren and consumers, Ma said, "Since [Zhang] took over as CEO , he has demonstrated his superb talent, business acumen and determined leadership ". Alibaba listed in NY in 2014 in what was then the world's biggest initial public offering of shares. "He's mild mannered, he's more Clark Kent, and Jack's the Superman", said Duncan Clark, the author of "Alibaba: The House That Jack Ma Built".

Business Tesla shares dive after two executives quit and Elon Musk cannabis interview
Author: 0 Tesla shares dive after two executives quit and Elon Musk cannabis interview

In an email to employees, CEO Elon Musk said Toledano was on leave to "spend more time with her family and has chose to continue doing so for personal reasons". "As a result, this caused me to reconsider my future", Morton was quoted as saying in a company filing. Almost a dozen top executives have left Tesla this year.

Business Les Moonves Negotiating Exit From CBS
Author: 0 Les Moonves Negotiating Exit From CBS

This week CBS's board announced it has appointed two legal firms to look into the allegations brought against Moonves. Moonves' potential exit from CBS comes at a time of twin sources of turmoil for the company. Inquiries to CBS were not returned at the time of publication. CBS, led by Moonves, has opposed the move. It was not immediately clear if this could mean Moonves receives less than $100 million or anything at all.

Business Goldman drops bitcoin trading plans for now
Author: 0 Goldman drops bitcoin trading plans for now

While other cryptocurrencies abound, Bitcoin remains the most important and popular - especially for millennials. Coinsuper's 24 hour volume was $76,104,995. Most of the altcoins in the market cap range suffer from average losses with an interval of 9-12% before the press time. In a madcap morning, Bitcoin fell by a total of 6%, while Ethereum, Litecoin and Ripple all racked up double figures - ETH lost 12% in a single morning.

Business Elon Musk on Joe Rogan Experience
Author: 0 Elon Musk on Joe Rogan Experience

But that's not it. On Friday morning, Tesla's Chief Accounting Officer Dave Morton made his resignation from the company public. At the same time that a video of Musk's wacky weed affair was going viral, reports surfaced that two top execs at the embattled electric-car maker abruptly departed.

Business Sanctions: Trump tells Apple to move production from China to US
Author: 0 Sanctions: Trump tells Apple to move production from China to US

Trump acknowledged in a tweet that "Apple prices may increase because of the massive Tariffs we may be imposing on China", but suggested the issue was not with the tariffs themselves. In addition, the chip industry is a source of trade surplus for the USA, including with China, Intel argued. At the same time, Apple is already using components sourced from US manufacturers in some of its products.

Business Jack Ma to Retire From Alibaba to Focus on Philanthropy
Author: 0 Jack Ma to Retire From Alibaba to Focus on Philanthropy

Ma helped build it into a $420 billion company with more than 500 million Chinese customers. Ma's net worth is $39.9 billion, according to Bloomberg's Billionaires Index. "I am very thankful for Australia and the time I spent there in my youth", Ma said during his visit. Jack Ma , the founder of Alibaba Group Holding Ltd, waves as he arrives at the New York Stock Exchange in New York, US, September 19, 2014.

Business British Airways travelers' credit card details hacked
Author: 0 British Airways travelers' credit card details hacked

Fortunately, neither passport nor travel information was exposed to the hackers. The thefts occurred during a data breach that affected bookings made on the airline's website and app between August 21 and September 5. "As airlines become ever more dependent on software, this creates a greater surface for hackers to attack and so it is no surprise that breaches of this scale are becoming commonplace".

Business India allows state refiners to use Iran tankers, insurance for oil imports
Author: 0 India allows state refiners to use Iran tankers, insurance for oil imports

Oman's oil minister, also speaking to CNBC, said not enough attention was being paid to how trade tensions could damage China's demand for oil . Sheikh Mohammed bin Khalifa Al Khalifa , oil minister for Bahrain , said, "I think there is a risk on the demand side; obviously the trade issue is going to impact demand in a negative fashion if it continues, [and] you've got the strong dollar, which is another factor".

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