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Money USA aviation system is starting to show strains from shutdown
Author: 0 USA aviation system is starting to show strains from shutdown

But Chin said that if the shutdown continues and additional screeners don't show up for work, the airport could be forced to close a security checkpoint at terminals that have multiple entry points, such as Concourse J or Concourse D. Carl said ongoing investigations have been put on hold by the shutdown. NATCA has requested an expedited hearing ( PDF ), asking that its case be heard before funding for the United States Courts lapses on January 18 and citing harm caused to its members who are ...

Money US, China trade negotiations positive as Beijing meetings continue
Author: 0 US, China trade negotiations positive as Beijing meetings continue

The Sino-U.S. trade talks held in Beijing have concluded and the results will be released soon, China's Foreign Ministry spokesperson Lu Kang told a daily news briefing on Wednesday. Trump said on Twitter, but gave no further information. The meeting between the US delegation - led by Deputy US Trade Representative Jeffrey Gerrish and including officials from the Treasury, Commerce, Agriculture and Energy Departments - and the Chinese side ran late into Tuesday night.

Money Rare penny could be worth more than $1 million
Author: 0 Rare penny could be worth more than $1 million

The cent is one of the most famous error coins in US history, pressed on copper and not zinc-plated steel. In 1942, pennies were supposed to be struck from steel, in order to conserve copper for shell casings, telephone wire, and other "wartime necessities".

Money Apple developing 3 new iPhones for fall release
Author: 0 Apple developing 3 new iPhones for fall release

The high-end iPhone model will feature a triple-camera setup at the rear. The report adds that the cheapest model will stick with an LCD screen, while the iPhone 11 and iPhone 11 Max will of course use OLED, just like the iPhone XS and iPhone XS Max.

Money Fed chair Jerome Powell to speak on market concerns Thursday
Author: 0 Fed chair Jerome Powell to speak on market concerns Thursday

Echoing remarks by Chairman Jerome Powell earlier in the day, Clarida said the Fed can afford to be patient in determining its monetary stance. "I don't see anything that suggests the possibility of a recession in the near term is at all elevated", he said.

Money Samsung 4Q profit suffers from declining chip sales
Author: 0 Samsung 4Q profit suffers from declining chip sales

Preliminary figure for operating profit was 75.3 billion won (67 million USA dollars) in the October-December quarter, down 79.5 percent from a year earlier. Samsung has a less than 1 percent share of China's smartphone market, versus 9 percent for Apple . Samsung - the world's top maker of smartphones and memory chips - has enjoyed record profits in recent years despite a series of setbacks, including a humiliating recall and the jailing of its de facto chief.

Money Tax refunds to go out amid shutdown
Author: 0 Tax refunds to go out amid shutdown

Office of Management and Budget acting Director Russell Vought told reporters Monday that tax refunds will go out, contrary to previous government shutdown policies. The average tax refund paid during February a year ago was more than $3,000, and allowing that money to be paid could prevent an outcry from many taxpayers.

Money Pacific Gas pays price for wildfire
Author: 0 Pacific Gas pays price for wildfire

Earlier on Monday, PG&E shares dived more than 22 percent and its largest bond , a $3 billion note due in March 2034 with a coupon of 6.05 percent, fell to a record-low bid price of 91.5 cents on the dollar, while its yield rose to almost 7 percent.

Money Oil prices rise over 2 percent on trade talk optimism
Author: 0 Oil prices rise over 2 percent on trade talk optimism

Vice-Premier Liu He, China's top negotiator for the talks and President Xi Jinping's top economic adviser, is expected to lead a Chinese delegation to Washington for further talks later this month. Apple Inc. cut its revenue outlook last week as sales of the iPhone were slower than expected in China, while data on factory activity and retail sales in the Asian nation were also weak.

Money Parent company of Sears, Kmart prepares for possible liquidation
Author: 0 Parent company of Sears, Kmart prepares for possible liquidation

The revised deal was reached after days of "virtually round-the-clock negotiations", Sears attorney Ray Schrock told the court. The reprieve came Tuesday after what Sears lawyers described to a bankruptcy judge in NY as "round-the-clock" negotiations following the company board's initial rejection of Eddie Lampert's proposal, which would preserve 425 stores and 50,000 workers.

Money Oil prices edge up on trade talk hopes and OPEC cuts
Author: 0 Oil prices edge up on trade talk hopes and OPEC cuts

U.S. Commerce Secretary Wilbur Ross said on Monday that there was a " very good chance " of reaching a settlement, while China's Foreign Ministry said Beijing had the "good faith" to resolve trade friction with the United States. "They can be very convincing when they choose to be". Once again, the Organization of the Petroleum Exporting Countries' (OPEC) newly-implemented output cuts were credited for crude prices rising yet again on Monday: Brent rose 27 cents to settle at $57.33 ...

Money Trump said to want China trade deal to boost stock market
Author: 0 Trump said to want China trade deal to boost stock market

The meeting between the US delegation - led by Deputy US Trade Representative Jeffrey Gerrish and including officials from the Treasury, Commerce, Agriculture and Energy Departments - and the Chinese side ran late into Tuesday night. China called it a violation of its sovereignty which has damaged "peace, safety and order" in the waterway. The move prompted China to increase tariffs on Dollars 110 billion of USA goods.

Money Hyundai rescue vehicle concept walks like a reptilian
Author: 0 Hyundai rescue vehicle concept walks like a reptilian

If worst comes to worst, the vehicle can even freeze its wheels in place and "walk" over the debris field. Elevate is an electric auto with robotic legs, which can be used both to drive and to walk. This means it can function like a traditional vehicle, capable of traveling at highway speeds with passive suspension. Hyundai says the walking concept can climb a five-foot wall, step over a five-foot gap, walk over diverse terrain and achieve a 15-foot track width, all while keeping its body ...

Money Apple sales slow due to economic challenges in China
Author: 0 Apple sales slow due to economic challenges in China

But the stock has tumbled since then and the company has now gained only 28% between November 8, 2016 and Thursday's closing price. However, the market in general has also suffered a decline. According to Business Insider , $450 billion has been wiped from Apple's value since the company hit its peak on October 3. Forte notes: "They have the balance sheet".

Money London's Heathrow airport cancels flights after drone sighting
Author: 0 London's Heathrow airport cancels flights after drone sighting

Tuesday that flight departures have been suspended as a precaution. "We apologise to passengers for any inconvenience". Gatwick said it had spent £5m to prevent future attacks. Heathrow Airport has confirmed that it has grounded all departing flights while it investigates the situation. Scotland Yard said they received reports of a drone "in the vicinity of Heathrow Airport" just after 5pm.

Money Hiring surged in December, employers added 312000 jobs
Author: 0 Hiring surged in December, employers added 312000 jobs

The blockbuster United States jobs numbers starkly contrasted with the mounting fears for the global economy of recent weeks - which have seen stock prices tumble and confidence wane among corporations who foresee slowing demand and weakening sales in 2019.

Money Elon Musk's Lawyer Called Azealia Banks A Twitter Villain And She's Pissed
Author: 0 Elon Musk's Lawyer Called Azealia Banks A Twitter Villain And She's Pissed

He has further detailed, that the electric auto maker is aiming to finish initial construction this summer, and will start Model 3 production by the end of year. factory in Shanghai , according to CEO Elon Musk . China raised the import tariff on US-made cars to 40 percent in July, but cut it back to 15 percent from the start of this year as part of a ceasefire in a trade war with the United States.

Money China's central bank to pump US$210 billion into ailing economy
Author: 0 China's central bank to pump US$210 billion into ailing economy

It will reduce the required reserve ratio (RRR) by 0.5 of a percentage point on January 15 and again on January 25 so that banks have sufficient funds to lend, especially to private firms and small businesses. Richard Xu, head of China Banking and Fintech Research at Morgan Stanley, said that a further RRR cut is necessary to ensure adequate credit supply.

Money Weather Channel app sued over alleged mining of users’ data
Author: 0 Weather Channel app sued over alleged mining of users’ data

According to the filing , the city claims that the app never disclosed that it would use personal information for monetization and for other purposes other than related to weather alerts or forecasts. That might be the forecast if you're using an app to check the weather. In 2018, the Associated Press published similar claims about Google while the ACLU accused Facebook of tracking people without permission .

Money Giant tuna sells for record $3.1m in Tokyo auction
Author: 0 Giant tuna sells for record $3.1m in Tokyo auction

The fish's price tag is the equivalent of almost 70kg of gold or a three-bed apartment in Manhattan, but Kiyoshi Kimura believes it's worth every cent as he's eager to serve his clients. The previous site at Tsukiji opened in 1935 and became the world's biggest fish market and a popular tourist attraction. At 5.10 am, handbells rang to signal the auction was underway and the air filled with the sound of auctioneers yelling prices at buyers, who raised fingers to indicate interest.

Money Kentucky police mourn loss of Krispy Kreme truck, get free doughnuts
Author: 0 Kentucky police mourn loss of Krispy Kreme truck, get free doughnuts

The photos quickly went viral, eliciting responses from other USA police departments and Krispy Kreme itself. The investigation into the fire is ongoing as the cause is unknown. "We hope you like sprinkles", the post of the police department quipped. "Seeing their post, the logical reaction was to bring comfort to them in their time of sorrow, and the only kind of comfort we know is with great, delicious doughnuts", Dave Skena, the chief marketing officer for Krispy Kreme Doughnuts, told ...

Money U.S. crude oil inventories decrease last week: API
Author: 0 U.S. crude oil inventories decrease last week: API

Opec oil supply fell by 460,000 barrels a day (bbl/day) between November and December, to 32.68 million barrels a day, a Reuters survey found on Thursday, as top exporter Saudi Arabia made an early start to a supply-limiting accord, while Iran and Libya posted involuntary declines.

Money BC Assessment releases property assessments for Vancouver
Author: 0 BC Assessment releases property assessments for Vancouver

But statistics released Wednesday by the Victoria Real Estate Board in its year-end review suggest the days of 20 per cent increases in value might be a thing of the past. A drop by up to 10 per cent on the estimated value of some homes in Metro Vancouver reflects a broad softening in a once hot market that is being affected by wider economic shifts, say two experts.

Money Powell says he would not resign as Fed chair if Trump asked
Author: 0 Powell says he would not resign as Fed chair if Trump asked

He also defended his independence, saying he would not resign if requested Donald Trump asked. DXY's up move to the 96.60 region, or session highs, is now an ephemeral memory as a outcome of the dovish tone from Chief Powell's speech at the annual meeting of the American Economic Association.

Money How Will the Government Shutdown Affect Tax Returns in 2019?
Author: 0 How Will the Government Shutdown Affect Tax Returns in 2019?

New Worries emerge with the federal government shutdown , tax returns. "Because if they're counting this, there's not really much we can tell them other than accept we understand it's hard and stuff like that, but we'd recommend they still file the returns and that way they would still get a refund as soon as possible", Olsen said.

Author: 0 UAW lawsuit fights GM's use of temps in Fort Wayne

The decision, which affects four U.S. plants including one in Warren, Ohio, drew the condemnation of U.S. President Donald Trump and members of Congress. GM's contract with the union expires on September 14. In a statement from a General Motors communications manager, the company says they have started to bring employees from Lordstown to Fort Wayne.

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