Markets

Markets Theranos founder Elizabeth Holmes charged with fraud
Author: 0 Theranos founder Elizabeth Holmes charged with fraud

Elizabeth Holmes and Ramesh "Sunny" Balwani made their first court appearance in U.S. District Court, where both pleaded not guilty to the charges. The company's general counsel, David Taylor, will take over as CEO. "The tests performed on Theranos technology, in addition, were likely to contain inaccurate and unreliable results".

Markets IHOP reveals the mystery of IHOb
Author: 0 IHOP reveals the mystery of IHOb

IHOP teased its customers for a week on social media, saying it would be renaming its iconic restaurant " IHOb ", but wouldn't reveal what the "b" stood for. When I asked Rebelez whether IHOP was considering food-fusion menu items - remember Burger King's Whopperito or Taco Bell's Nacho Fries? - he joked that diners could order a side of flapjacks and make their own pancake burger.

Markets North Korea: Trump agreed to 'step-by-step' approach to denuclearization
Author: 0 North Korea: Trump agreed to 'step-by-step' approach to denuclearization

According to some media reports, Pakistan had secretly supplied North Korea with nuclear enrichment technology when A Q Khan headed the country's nuclear programme. He said Kim told him he had just destroyed a missile engine testing site. The pledge, absent from the joint statement Trump signed with Kim, appeared to come as news to both South Korea and the Pentagon.

Author: 0 Hilarious Tweets About IHOP Changing Their Name to IHOB

In truth, IHOP isn't actually changing its name to IHOB; it's simply adding burgers to its menu, and is using the name-change gimmick to advertise the addition. Among the burgers now available are Big Brunch , Cowboy BBQ , Mushroom Swiss, Jalapeno Kick and Mega Monster . Reaction to the name change on social media ranges from excitement and anticipation to confused and baffled.

Markets Trump's Twitter rant against Trudeau garners global reactions
Author: 0 Trump's Twitter rant against Trudeau garners global reactions

But the president broadsided his allies after leaving the meeting by disavowing a joint statement the U.S. had agreed to, criticising Trudeau and vowing tariffs on cars. Trump and then tries to stab him in the back on the way out the door", he said . The public sniping at a sitting leader of state by White House aides shocked some veteran diplomats.

Markets ZTE Signs Preliminary Agreement With Commerce Department To Lift US Ban
Author: 0 ZTE Signs Preliminary Agreement With Commerce Department To Lift US Ban

The immediate ramifications of this deal are that although ZTE is becoming cash-poorer, this will allow them to resume day-to-day business operations and get the business moving again. And last week, the Daily Beast reported that a day after the president said he wanted to help ZTE, the tech company hired the Mercury Public Affairs firm to lobby on its behalf in Washington.

Markets Ghana to dissolve football association over bribery allegations
Author: 0 Ghana to dissolve football association over bribery allegations

In a statement carried on the GFA website, Nyantakyi apologised "unreservedly" for "a series of errors of indiscretion" after Federation Internationale de Football Association launched an ethics investigation into his activities. Nyantakyi was accused in an explosive documentary called "Number 12", aired on Wednesday by investigative journalist Anas Aremeyaw Anas , of soliciting bribes amounting to several million dollars.

Markets Chinese phone maker ZTE saved from brink after deal with U.S.
Author: 0 Chinese phone maker ZTE saved from brink after deal with U.S.

Speaking in a CNBC interview, Ross said the deal includes a US$1 billion penalty against ZTE and a US-selected compliance team to be embedded at the company to prevent further violations of the sort that prompted the Commerce Department to cut ZTE off from its U.S.

Author: 0 G7 leaders must not be afraid to reach agreements without US - Macron

Macron called on other G7 leaders not to water down a joint communique at the end of the summit, at the expense of shared values, simply in a bid to win Trump's signature, warning that a "G6 plus one" outcome was possible. exports. With Trump, the danger with him is that he's so stupid that he doesn't know he's stupid. The member countries are: Canada, France, Italy, Japan, Germany, the United States and the Britain.

Markets Tesla shares rise as Musk says Model 3 set to hit target
Author: 0 Tesla shares rise as Musk says Model 3 set to hit target

Musk took the stage at the shareholder meeting, moving slowly and dressed in dark tones, and looking teary-eyed. The Model 3 is supposed to start at around $35k, though Tesla has yet to begin delivering those base-spec versions. In an apparent vote of confidence in Musk, shareholders rejected by a large majority a proposal on the ballot to split the chairman and chief executive roles, both of which are held by the co-founder.

Markets Billionaire Koch Brothers Launch Million Dollar Campaign Against Trump's Popular Tariffs
Author: 0 Billionaire Koch Brothers Launch Million Dollar Campaign Against Trump's Popular Tariffs

Mexico - a net importer of USA steel - is also putting 25% duties on a range of American steel products. 'Farmers have not been doing well for 15 years. amid trade frictions", Bian pointed out, stressing that Beijing has "a whole set of adequate countermeasures" to respond to Washington's tariff war. 'If the United States introduces trade sanctions including tariffs, all the economic and trade achievements negotiated by the two parties will be void, ' said a statement on Sunday from the ...

Markets Starbucks chairman Howard Schultz to step down
Author: 0 Starbucks chairman Howard Schultz to step down

Schultz stepped down from his former position as CEO in April, but had stayed on as the company's executive chairman. Schultz's departure comes a week after the company closed more than 8,000 U.S. Schultz said Monday that Kevin Johnson "is a true servant leader" who will lead the company into the future. "I told myself a long time ago that if I was ever going to explore a second act, I couldn't do it while still at the company", he added .

Markets Microsoft to Acquire GitHub
Author: 0 Microsoft to Acquire GitHub

While earlier reports pegged this transaction to be valued at around $2 billion , Microsoft has today announced that it is officially acquiring GitHub for $7.5 billion. It is understood that GitHub consciously chose to be acquired rather than launch an IPO and Nadella's attitude was said to be part of the reason for selecting Microsoft.

Markets Start Time, How to Watch and iPhone SE2 Rumors
Author: 0 Start Time, How to Watch and iPhone SE2 Rumors

The Apple keynote may also see announcements related to the company's efforts around Augmented Reality (AR), health, and digital detox - features that have been in the rumour mill for the past few weeks. For Apple iPhone and Apple iPad users, that is a disappointing 46% increase from the 46 issues that cropped up with iOS 10 during the same period past year.

Author: 0 Google to End Military Contract Following Employee Complaints

The Outline has contacted Google for comment as to why there is not a similar ban on the military use of Google Earth. The move is a setback for the Pentagon's push to supercharge the military's capabilities with powerful AI that could help process battlefield data or pinpoint military targets.

Markets Fiat Chrysler Unveils Plan To Make More Electrified Cars
Author: 0 Fiat Chrysler Unveils Plan To Make More Electrified Cars

The Alfieri will have top speed exceeding 300 kph (186 mph) and an acceleration from zero to 100 kph (62 mph) in less than two seconds. It's unclear which of those products will make it to the USA, however, and you should take these details with a grain of salt: During FCA's last five-year plan, it said the Chrysler brand would get a new minivan, two new SUVs, a Chrysler 100 compact sedan and a refresh on the second-gen 200 sedan - all by 2018.

Markets Sears to close another 72 stores amid plunging sales
Author: 0 Sears to close another 72 stores amid plunging sales

Revenue fell more than 30 percent to $2.89 billion, with store closings contributing to nearly two thirds of the decline. Even though the current retail environment is hard for many retailers, Sears' performance has been much worse than its rivals.

Markets Industry Reaction Mixed Over Ottawa's Move to Buy Trans Mountain
Author: 0 Industry Reaction Mixed Over Ottawa's Move to Buy Trans Mountain

Braun, said last month that delays in getting the pipeline built were threatening the provincial economy, said he was happy with the move and that it is a step to "restore confidence in our country as a place to invest". "We'll get that pipeline built", Prime Minister Justin Trudeau told reporters as he headed into a cabinet meeting. Kinder Morgan itself paid a fraction of that ($550 million) to acquire those assets in 2007.

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