Money

Money Ex-Nissan boss formally charged for financial misconduct
Author: 0 Ex-Nissan boss formally charged for financial misconduct

The arrest of Ghosn and Kelly also shook the foundations of the Renault-Nissan alliance. Nissan, in turn, confirmed that its board of directors had dismissed Ghosn as its chairman and voted to remove a representative director of Nissan's board Greg Kelly.

Money Unemployment rate up slightly in November: Statistics Canada
Author: 0 Unemployment rate up slightly in November: Statistics Canada

Most jobs are in the agricultural field and more than half of industry employment is in Ontario. Overall, the economy has added a total 154,000 jobs through November, all full-time. The B.C. unemployment rate continues to be the best in the country. The improvements, however, obscured a key piece of data: weakening wage growth.

Money Nissan panel puts off selection of successor to Carlos Ghosn
Author: 0 Nissan panel puts off selection of successor to Carlos Ghosn

The new accusation is also expected to be announced next week. It is also worth noting that since September past year, the Japanese manufacturer repeatedly recognized that the final control of finished vehicles for the Japanese market conducted by staff who have no tolerance.

Money Uber Reportedly Files for IPO, One Day After Lyft
Author: 0 Uber Reportedly Files for IPO, One Day After Lyft

Uber has raised a whopping $18 billion from investors since 2010. Uber, the ipo internal "Project Liberty", says one of the insiders at The Wall Street Journal . This was the first time that Uber had revealed the numbers of its food delivery business. "In 2018, our tech teams grew by 150% and we are focused on doubling down again in 2019", Apurva Dalal, Head of Engineering , Uber India , said in a statement.

Money Fiat Chrysler expected to add new assembly plant in Detroit
Author: 0 Fiat Chrysler expected to add new assembly plant in Detroit

Outstanding shares refer to a company's stock now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. According to analysts Fiat Chrysler Automobiles N.V. (NYSE: FCAU)'s minimum EPS for the current quarter is at $0.95 and can go high up to $1.18. They issued a "peer perform" rating for the company.

Money Winter Storm Grounds Flights
Author: 0 Winter Storm Grounds Flights

Very heavy snow is forecast for the Appalachian Mountains, CNN meteorologist Haley Brink said, with Asheville, North Carolina, and Roanoke, Virginia, predicted to get 12-18 inches. Flights to and from cities in North Carolina and Virginia have been impacted, too, according to travel advisories from multiple major airlines, including Delta , Southwest , United and American .

Money Orlando's Salvation Army gets rare gold coin dropped in Publix red kettle
Author: 0 Orlando's Salvation Army gets rare gold coin dropped in Publix red kettle

After workers found the coin, which was in a plastic case, the Salvation Army reached out to someone they knew who could assess its value, spokesman Shawn LaFata told Spectrum News 13. One person appears to use bolt cutters to remove the bucket from its stand, while the other person keeps watch. They then took off in a gray or silver Chevy Trailblazer.

Money Oil prices rise on planned Opec cuts
Author: 0 Oil prices rise on planned Opec cuts

After two days of meeting involving tense discussions and persuasions, OPEC and oil-producing allies known as OPEC+ finally agreed on Friday to cut production by 1.2 million barrels per day (bpd) despite pressures from Trump to maintain current output levels to keep prices low.

Money November Hiring Slowed To 155K Jobs, Unemployment Rate Stayed 3.7 Percent
Author: 0 November Hiring Slowed To 155K Jobs, Unemployment Rate Stayed 3.7 Percent

The unemployment rate remained 3.7 percent, almost a five-decade low, for the third straight month. It's jobs day! The U.S. economy created 155,000 jobs in November. Since President Trump was elected in November 2016, the USA economy has created 4.6 million jobs. However, the number of people "marginally attached" to the labor force - those who had looked for a job in the past year but stopped in the past month because they couldn't find one - has risen by almost 200,000 over the past ...

Money Marlboro cigarettes' parent company delves into marijuana market
Author: 0 Marlboro cigarettes' parent company delves into marijuana market

According to a news release , Altria's resources will better position the Cronos Group "to support cannabinoid innovation, create differentiated products and brands across medicinal and recreational categories, and expand its global footprint and growing production capacity".

Money Images show T-Mobile’s new eSIM app for iPhone XS and XR
Author: 0 Images show T-Mobile’s new eSIM app for iPhone XS and XR

According to Apple's United States online store, the clear case is priced at $39, with online orders placed today estimated for delivery within a few days. Stay tuned, because it's increasingly looking like we'll be getting official confirmation soon. The iPhone XR scored 103 in photography, and 96 in video.

Money The
Author: 0 The "yield curve" is inverting (gasp!) - should investors freak out?

As the spread between two- year and 10-year securities neared zero, the gaps between some other yields, including the two year and three year, were already upside down. The yield curve " tells me that it's wise to be patient here", Kaplan told Reuters in Laredo, Texas where he is meeting with business leaders and bankers.

Money Making It in San Diego: Local companies among nation's top employers
Author: 0 Making It in San Diego: Local companies among nation's top employers

Tech companies accounted for 14 of the top 50 spots this year, down from 22 tech brands last year. One review cited the company's support of employee goals as a perk of employment. In a statement reported by the Journal , the company said "it has been a hard period, but every day we see people pulling together to learn the lessons of the past year and build a stronger company".

Money You Can Get A Whopper For 1 Cent, But Only At McDonald's
Author: 0 You Can Get A Whopper For 1 Cent, But Only At McDonald's

In a ballsy bit of fast food schadenfreude, Burger King is now selling Whoppers for a penny . From Dec. 4-12, BK is offering a one-cent Whopper to anyone who has downloaded its revamped app, and gets within 600 feet of a McDonald's . Another customer, Sten Drescher, wrote: "I wanted to take you up on this offer, but once I reached McDonald's , I discovered that none of the nearby Burger Kings did mobile ordering, a requirement of this offer".

Money Dow Jones falls almost 800 points amid trade war, recession fears
Author: 0 Dow Jones falls almost 800 points amid trade war, recession fears

The Dow Jones Industrial Average fell by more than 700 points in Tuesday trading, continuing a shaky start to the week prompted by confusion over a thaw in U.S. Despite the short-lived news of trade war tensions settling, markets quickly plunged the next day, marking the fourth worst decline in history. The Dow is down 511.39 points, or 2 percent.

Money China furious at Huawei executive's arrest in Canada
Author: 0 China furious at Huawei executive's arrest in Canada

He noted that there has been much concern about the suspicion that Chinese firms like Huawei use stolen U.S. intellectual property. The ministry said the USA is seeking her extradition and she faces a bail hearing on Friday, adding it could not provide further details due to a publication ban that was sought by Meng, whose father, Huawei founder Ren Zhengfei, is a former Chinese People's Liberation Army engineer.

Money Chinese embassy in Ottawa demands release of Huawei exec arrested in Vancouver
Author: 0 Chinese embassy in Ottawa demands release of Huawei exec arrested in Vancouver

The news weighed on markets in Asia. Huawei is not the first Chinese telecoms equipment firm to face the ire of USA authorities. The detention of Ms Meng threatens to scuttle the temporary detente reached by US President Donald Trump and his Chinese counterpart Xi Jinping at the G20 talks in Argentina to halt new trade tariffs for 90 days as the two countries negotiate.

Money China to 'immediately' implement United States trade truce measures
Author: 0 China to 'immediately' implement United States trade truce measures

When asked about structural changes the United States had made as a prerequisite to any trade deal, Mnuchin said he expected some things to be implemented "on a rolling basis" in phase two. trade dispute spilling over to growing rivalry between both sides in areas such as technology, and many economists have remained cautious about being too optimistic on a temporary truce.

Money Saudi Arabia works on convincing Russian Federation to join oil cuts
Author: 0 Saudi Arabia works on convincing Russian Federation to join oil cuts

President Donald Trump urged OPEC nations not to cut oil production ahead of a meeting of the cartel to consider a reduction in output. Major producers such as Russia , Saudi Arabia , Iraq, the UAE and Kuwait pounced on the occasion to produce as much oil as they could, anticipating a steep drop in Iran's exports which did not happen.

Money Put oil 'crisis' on first ministers' agenda: Alberta, Saskatchewan premiers
Author: 0 Put oil 'crisis' on first ministers' agenda: Alberta, Saskatchewan premiers

The price discount between Western Canadian Select (WCS) and West Texas Intermediate (WTI) has fluctuated in recent weeks, reaching around C$45 a barrel. Indeed, it soon became clear to anyone listening thanks to a reporter's question that the Opposition UCP had demanded even deeper production cuts . "As proposed, the meeting agenda does not include any discussion on the crisis facing the energy industry and the price differential that is crippling the Alberta, Saskatchewan and Canadian ...

Money Huawei chief financial officer arrested in Vancouver - Telco/ISP - Finance - Security
Author: 0 Huawei chief financial officer arrested in Vancouver - Telco/ISP - Finance - Security

The Globe and Mail reported Wednesday that USA authorities allege Meng attempted to evade the US trade embargo with Iran, though StarMetro has not independently verified this claim. It is understood a National Intelligence Law passed by China a year ago that obliges Chinese citizens and companies anywhere in the world to cooperate with its security services was one reason for the block .

Money Trump hails US-China relations amid trade detente
Author: 0 Trump hails US-China relations amid trade detente

The White House made clear that the 10 percent tariffs would still leap up to 25 percent if China doesn't meet U.S. demands in 90 days. Other issues include "structural changes with respect to forced technology transfer, non-tariff barriers, cyber intrusions and cyber theft, services and agriculture".

Money Donald Trump Warns China: 'I Am a Tariff Man'
Author: 0 Donald Trump Warns China: 'I Am a Tariff Man'

Unless extended, they will end 90 days from the date of our wonderful and very warm dinner with President Xi in Argentina . The sources said the Chinese were surprised by the decision, having dealt mainly with Treasury Secretary Steven Mnuchin on trade issues in the past.

Money Qualcomm says no plans to revisit NXP takeover
Author: 0 Qualcomm says no plans to revisit NXP takeover

The company, however, dismissed the idea. " While we were grateful to learn of President Trump and President Xi's comments about Qualcomm's previously proposed acquisition of NXP, the deadline for that transaction has expired, which terminated the contemplated deal ", a Qualcomm spokesperson is quoted as saying.

Money Around 100 Million Quora Users Hit By Security Breach
Author: 0 Around 100 Million Quora Users Hit By Security Breach

The questions and answers which were written anonymously were not affected during the attack. The breached data also included public content and actions, such as questions, answers, comments, and upvotes. One possibility is that the hackers - should they be able to decipher the stolen encrypted passwords - will try to use the passwords on other websites that a person logs on to, possibly including sites that contain more sensitive information such as credit card details.

Money USMCA takes significant step for trade
Author: 0 USMCA takes significant step for trade

On Saturday, Trump told reporters he planned to give formal notice of his intentions to withdraw from NAFTA , which would give American lawmakers six months to approve the USMCA or have no free-trade pact with Canada and Mexico. AP via CP Former President of Mexico Enrique Pena Nieto, left, U.S. President Donald Trump , and Prime Minister Justin Trudeau, participate in the USMCA signing ceremony, November 30, 2018 in Buenos Aires, Argentina.

Money Amazon Tests Its Cashierless Technology for Bigger Stores
Author: 0 Amazon Tests Its Cashierless Technology for Bigger Stores

The test is said to be a potential trial run for cashierless checkout at Whole Foods, the grocery store chain Amazon acquired past year for more than $13 billion, though the actual objective remains unclear. Business Insider contacted Amazon and Whole Foods for comment. Grab-and-go style shopping within Amazon Go stores may be introduced to full size supermarkets and retail stores.

Money Powell `just below' comment seen as suggesting fewer rate hikes
Author: 0 Powell `just below' comment seen as suggesting fewer rate hikes

With the Fed signaling fewer than three rate hikes next year, investors are being forced to adjust their U.S. Treasury bond and Japanese Treasury bond portfolios. US stock indexes are rising as software maker Salesforce leads a rally in technology companies. "If US growth slows down next year, as expected, gold would benefit from higher demand", analysts including Jeffrey Currie said in a November 26 note that endorsed bullion as one of its top 10 trade ideas for commodities.

Author: 0 George H.W. Bush's Service Dog Sully Remains by Casket

Bush defended his moderate credentials as a conservative wave cresting within the party was preparing to anoint his chief opponent at the time, Ronald Reagan. on Monday. Republican House Speaker Paul Ryan will attend the funeral, a spokeswoman confirmed. Former Canadian Prime Minister Brian Mulroney is expected to deliver a eulogy at the funeral.

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