• Putin Ready To Invite Trump To Russia, Visit DC 'If Appropriate'

    Economy

    Donald Trump and Vladimir Putin want to see each other, but they can't decide when and where. Speaking to reporters at a summit of BRICS countries in South Africa, Putin said telephone calls between Moscow and Washington were insufficient and that both sides needed to meet to talk about issues like the Iran nuclear deal, conflicts in the Middle East, and arms control treaties.
  • Million dollar winning lottery ticket sold in Detroit

    Million dollar winning lottery ticket sold in Detroit

    Economy

    One ticket holder has scooped the winning $522 million Mega Millions jackpot. The winning ticket was bought at Dynasty Liquor, located at 8910 Puritan Street in Detroit. You get a nice chunk of change when you cash in your ticket, but with the annuity option, each of the other 29 annual payments is 5% larger than the previous year.
  • How Will Trump's Trade War Impact American Politics?

    How Will Trump's Trade War Impact American Politics?

    Economy

    Ross said a bilateral trade relationship between the USA and the European Union would be beneficial when dealing with the escalating US tariffs on goods from China . Mark Martinson, who raises crops and cattle in north-central North Dakota and is president of the U.S. Durum Growers Association, said the $12 billion figure "sounds huge" but there are many farmers in need.
  • Zuckerberg Loses $16.8 Billion in a Snap as Facebook Plunges

    Zuckerberg Loses $16.8 Billion in a Snap as Facebook Plunges

    Economy

    Fourteen analysts surveyed by Zacks Investment Research expected $13.4 billion. Facebook Inc saw the first signs of user disenchantment in the midst of public scandals over privacy and content, with second-quarter revenue and average daily visitors missing analysts' projections.
  • Ex-Fiat Chrysler CEO Sergio Marchionne dies aged 66

    Economy

    Sergio Marchionne , man and friend, is gone", it read. We reached out to Fiat Chrysler Automobiles for an official update on Marchionne's health and will update when we hear back. Under Marchionne's guidance, Fiat Chrysler has enjoyed huge gains in its long-popular Jeep brand, and it built on the Dodge Challenger (reintroduced in 2008) to become a player in the resurgent muscle vehicle market.
  • Trump says China being 'vicious' by hitting USA farmers with tariffs

    Trump says China being 'vicious' by hitting USA farmers with tariffs

    Economy

    The plan for providing price supports, which don't need congressional approval, was rolled just two days before Trump is set to travel to Iowa, the top US soybean-producing state. When the conditions were struck, the USA favored a 25 percent tariff on European trucks and SUVs. Soybeans, the second-most valuable USA crop after corn, have been especially hard hit - exports to China accounted for about one-third of the oilseed's revenue a year ago.
  • Google s parent Alphabet beats expectations despite European Union fine

    Google s parent Alphabet beats expectations despite European Union fine

    Economy

    Shares of Google's parent company Alphabet jumped more than 5% in after-hours trading Monday, hitting a new record high, following the company's second-quarter earnings report that topped Wall Street's expectations. Areas such as cloud computing and "other bets" have also added to Google's spending. "We are analysing the decision and I think it's too early to comment or speculate beyond what we've already said, but we will always take a constructive approach", Google CEO Sundar Pichai said ...
  • President Trump planning emergency aid to farmers affected by tariffs

    President Trump planning emergency aid to farmers affected by tariffs

    Economy

    The Trump administration will reportedly give $12 billion in aid to farmers hurt by the tariffs. President Trump's tariff threats against China, Canada, Mexico and the European Union prompted immediate threats of retaliation. After Trump announced plans to impose $50 billion in tariffs on Chinese imports, Beijing retaliated with plans to impose tariffs on a range of agricultural products from the United States including soybeans, grains, meats and dairy products.
  • North Korea dismantling key missile-testing site, images show

    North Korea dismantling key missile-testing site, images show

    Economy

    The complex north of the capital, Pyongyang, has been used to develop technologies for the North's intercontinental ballistic missile program and therefore the dismantling represents "a significant confidence building measure", according to the analysis by defense expert Joseph Bermudez Jr.
  • Tesla goes into reverse as it begs suppliers for cash

    Tesla goes into reverse as it begs suppliers for cash

    Economy

    According to a report from The Wall Street Journal , Tesla has asked suppliers to refund part of the money it's previously paid to them. Tesa CEO, Elon Musk , is doing everything he can to achieve profitability by the second half of the year.
  • Trump ready to hit all Chinese imports with tariffs

    Trump ready to hit all Chinese imports with tariffs

    Economy

    Losses over the past three months have reached almost 8% amid a global trade spat and concerns over an economic slowdown in China . The S&P 500 is up less than 0.1 percent for the week, while the Russell, which is made up of more domestically-oriented companies that could hold up better in a prolonged trade dispute, is up 0.7 percent.
  • India becomes latest country to scrap tax on sanitary towels

    India becomes latest country to scrap tax on sanitary towels

    Economy

    Earlier this year, Akshay narrated the story of Arunachalam Muruganantham, who introduced the low-priced sanitary napkins in India, in "Pad Man". Interestingly the sugar cess also came up during the discussion and reportedly a report was submitted for the same.
  • Google hit with record €4.3bn fine

    Google hit with record €4.3bn fine

    Economy

    The Commission found that Google had imposed illegal restrictions on Android device manufacturers and mobile network operators to maintain its dominant position in search. That would be equivalent to roughly $300 million per day based on 2017's totals, so if the appeal fails, Google will need to pay up or face the possibility of serious damage to its bottom line.
  • Tesla's Musk apologizes for his comments on British caver

    Tesla's Musk apologizes for his comments on British caver

    Economy

    Musk then lashed back in a now deleted tweet that seemed to hint, by virtue of the British diver's residence in Thailand, that he was a pedophile. When asked if we was going to take legal action against the mogul, Unsworth said, "Yes, yes, it's not finished".
  • Trade tensions starting to affect global economy

    Trade tensions starting to affect global economy

    Economy

    The industry source said China had been unable to address the Trump administration's concerns about Chinese trade policies in at least five key area, including forced technology transfers, Chinese industrial overcapacity, government subsidies, SOE reform, and Beijing's restrictions in the cloud computing industry.