Markets

Markets Bernie hits Amazon with 'Stop BEZOS Act'
Author: 0 Bernie hits Amazon with 'Stop BEZOS Act'

Senator Bernie Sanders and Amazon recently exchanged press releases regarding the working conditions of the company. Bernstein said employers could decide not to hire workers believed to be on federal assistance, making it harder for low-income Americans to find a job .

Markets Tesla's Elon Musk Gets Blunted with Joe Rogan
Author: 0 Tesla's Elon Musk Gets Blunted with Joe Rogan

Gabrielle Toledano , vice president of human resources, announced that she would not be returning after her leave of absence. Musk told The Guardian in response to a question about whether Tesla drug-tests employees that " our policy allows trace amounts of THC [an ingredient of cannabis] during work times, provided they are below the safety limit (much like a minimum alcohol level )".

Markets Barack Obama encourages people to vote:
Author: 0 Barack Obama encourages people to vote: "This is not Coachella"

He doesn't have a strong record of helping his party win when his own name isn't on the ballot and Democrats suffered significant losses during both Obama midterms in 2010 and 2014. The U of I appearance was part of an event in which he received an award for ethics in government, but what he said are expected to be themes he will use on the campaign trail.

Markets Oil falls on rising output from OPEC and United States
Author: 0 Oil falls on rising output from OPEC and United States

International Brent crude futures LCOc1 , by contrast, lost ground, trading at $78.10 per barrel, down 5 cents from their last close. Money managers are bullish on West Texas Intermediate crude futures, but not as much as on Brent. "We can raise production as high as 11 (mln bpd) or even 12 but then where will it go?" The second-largest increase came from Iraq, where southern exports reached a record high.

Markets JD.com Founder Richard Liu Returns To China After US Arrest
Author: 0 JD.com Founder Richard Liu Returns To China After US Arrest

However Minneapolis Police Department spokesman John Elder said that an investigation was ongoing and declined to provide details of the arrest . But, contrary to the company's statement , Minneapolis police have not actually cleared Liu of wrongdoing and have instead said that they are now investigating the allegation against him.

Markets Trump says ‘no political necessity’ to keep Canada in new NAFTA deal
Author: 0 Trump says ‘no political necessity’ to keep Canada in new NAFTA deal

President Trump notified Congress on Friday that he plans to sign an agreement in 90 days with Mexico to replace the North American Free Trade Agreement - and hopes Canada can brought on board, too. Trump's comments came after the United States and Canada failed to meet a Friday deadline imposed by the Trump administration to revamp the NAFTA trade agreement as major differences remain in bilateral talks.

Markets China Promises Africa Debt Relief as Xi Counters Aid Criticism
Author: 0 China Promises Africa Debt Relief as Xi Counters Aid Criticism

The Beijing forum brings together leaders from China and more than 50 African countries. The summit themed "China and Africa: Towards an Even Stronger Community with a Shared Future through Win-Win Cooperation", is meant to link the Belt and Road Initiative with the United Nations 2030 Agenda for Sustainable Development, the AU's Agenda 2063 and individual countries' development plans.

Markets Barnier ends market optimism with warning over ‘no-deal’ Brexit
Author: 0 Barnier ends market optimism with warning over ‘no-deal’ Brexit

One of the biggest sticking points is the future regulation of the border between the Republic of Ireland , an European Union member, and Northern Ireland , which will leave the European Union as part of the United Kingdom. "This backstop is critical". The backstop is a safety net agreed in December that guarantees an invisible border, though there is no agreement to this date on how it will work.

Markets Whitbread to sell Costa Coffee to Coca-Cola for £3.9bn
Author: 0 Whitbread to sell Costa Coffee to Coca-Cola for £3.9bn

London-based Costa serves its drinks in more than 30 countries in Asia, the Middle East, Africa and Europe but does not have a presence in the United States. The move is Coca-Cola's latest diversification as health-conscious consumers, at least in America, move away from traditional soda. JAB Holdings, an investment holding company, has been buying up businesses and brands associated with Peet's, Caribou, Stumptown and Krispy Kreme Doughnuts.

Markets Dry eyes: Tesla's Musk says he shed no tears in interview
Author: 0 Dry eyes: Tesla's Musk says he shed no tears in interview

Following the comments, Musk tweeted his unfounded " pedo " claim, and doubled down in another tweet: "Bet ya a signed dollar it's true". After receiving requests online that he help in the Thai rescue efforts, Musk, together with SpaceX and Boring Co.

Markets US, Mexico Reach NAFTA Deal and Put Pressure on Canada
Author: 0 US, Mexico Reach NAFTA Deal and Put Pressure on Canada

The U.S. and Mexico are close to resolving their NAFTA differences and may wrap up as soon as Monday, creating an opening for Canada to rejoin talks between countries that trade more than a trillion dollars annually. Trump says he will be calling Prime Minister Justin Trudeau . Trump says the details are still being finalized but noted the deal is good for trade, jobs and farmers.

Markets US Fed to continue gradual rate hikes to manage potential risks
Author: 0 US Fed to continue gradual rate hikes to manage potential risks

That is the difference between short-term interest rates and long-term rates. The Dow Jones Industrial Average rose 133.37 points, or 0.52 percent, to 25,790.35, the S&P 500 gained 17.71 points, or 0.62 percent, to 2,874.69 and the Nasdaq Composite added 67.52 points, or 0.86 percent, to 7,945.98.

Markets FAIL: Website For Michael Cohen Redirects To Trump’s Campaign Website
Author: 0 FAIL: Website For Michael Cohen Redirects To Trump’s Campaign Website

McDougal, who has said she had a months-long affair with Trump, sold her story for $150,000 to AMI but it was never published, a practice known as "catch and kill" to prevent a potentially damaging article from being published. Under US election rules, any payments made with the aim of influencing a vote must be reported .If Mr Trump were to be prosecuted over the money - not through the normal courts, because he is the sitting president, but conceivably in Congress, through an impeachment ...

Markets Russia Vows to Respond to 'Groundless' U.S. Sanctions
Author: 0 Russia Vows to Respond to 'Groundless' U.S. Sanctions

The U.S. sanctioned owners of six Russian ships over claims they are helping transfer refined petroleum products to North Korean vessels, as tensions with both Moscow and Pyongyang intensify. Mr. Hunt's expected remarks come at a time when the Trump administration is challenging traditional partnerships over trade and other disputes, rattling allies that have long counted on the U.S.to cooperate on economic and security matters.

Markets Shots Fired At American Embassy In Turkey
Author: 0 Shots Fired At American Embassy In Turkey

The incident comes as ties between Ankara and Washington are in an unprecedented crisis over the continued detention of Pastor Andrew Brunson. U.S. President Donald Trump doubled the tariffs on aluminium and steel tariffs from Turkey , prompting Ankara to sharply hike tariffs on several American products.

Markets Tesla Stock Drops As Elon Musk Unloads On 'Excruciating' Year
Author: 0 Tesla Stock Drops As Elon Musk Unloads On 'Excruciating' Year

Musk is the public face of, and driving force behind Tesla and investors have stuck with the eccentric billionaire despite a number of controversies. It's clear from the interview that Musk is overworked, and Whiston said the best course may be to bring in another executive to help with day-to-day operations.

Markets Roundup ingredient found in Cheerios, Quaker Oats, and other cereals
Author: 0 Roundup ingredient found in Cheerios, Quaker Oats, and other cereals

Both the Quaker Oats Company and General Mills, the maker of Cheerios, disagree with the EWG report's results, defending their products as safe to consume. This extra dousing is done to hasten drying of the grain and allows farmers to harvest crops as much as two weeks earlier than they normally would. It can also be used on produce such as spinach and almonds.

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