Business

YouGov Poll: UK voters support a referendum on final Brexit deal

YouGov Poll: UK voters support a referendum on final Brexit deal The proportion of voters who favour a referendum on the final terms of any Brexit deal has overtaken those who do not, according to a YouGov poll for The Times . When asked to choose between three options - May's deal, a no deal or staying in the European Union - 48 percent said they would prefer to stay in the European Union, 27 percent wanted to leave with no deal and 13 percent would opt for... [Full Article...]

Harley Davidson Announces Huge Plans for India; 250-500 CC Bikes Arriving

Harley Davidson Announces Huge Plans for India; 250-500 CC Bikes Arriving These new bikes are part of H-D's new modular platform of 500 cc to 1,250 cc middleweight motorcycles which it says spans three distinct product spaces and four displacements, supplemented by additional models up to 2022. Harley-Davidson previewed three new products - the Pan America , the 1250 Custome, and the 975 Streetfighter, all of which get V-twin engines. "The plan centres on bold new prod... [Full Article...]

EU and US partners not enemies, Juncker tells Trump

EU and US partners not enemies, Juncker tells Trump He said the administration is now focused on resolving the steel and aluminum tariffs. Trump said he and Juncker are committed to strengthening the trade relationship between Americans and Europeans and to loosening trade restrictions. Initially it sounded like the former: The headline at CNBC at around 4:30 ET was "Trump Secures Concessions From Europeans To Avoid Trade War: DJ, Citing EU O... [Full Article...]

Amazon quarterly profit jumps 12-fold to $2.5 billion

Amazon quarterly profit jumps 12-fold to $2.5 billion Amazon's stock spiked about four per cent to US$1,870 per share in after-hours trading following the news. Olsavsky attributed the slowdown to a hard comparable period a year ago when Amazon lowered the price threshold for free shipping, responding to competitive pressure from Walmart Inc. [Full Article...]

U.S. trade deal was on brink of collapse, Juncker says

U.S. trade deal was on brink of collapse, Juncker says Ahead of that North Atlantic Treaty Organisation meeting, Trump called the European Union a "foe" of the U.S. for "what they do to us in trade" - a statement refuted by European Council President Donald Tusk as "fake news". European Union buyers have already been stepping up purchases, with US supplies now available at a significant discount to exports from South America. [Full Article...]

Get free lipstick from MAC Cosmetics on National Lipstick Day

Get free lipstick from MAC Cosmetics on National Lipstick Day But you might want to get their early because it only goes on while supplies last. If you can't make it to a store on Sunday, you'll have a chance to get a free lipstick online but you'll be required to make a minimum $25 purchase. Oh, and wait, there's more. Don't worry, if the thought of going into Nordstrom's annual sale without a plan has you flustered, Glamour put together this extremely ... [Full Article...]

McDonald's employee body-slams milkshake-throwing woman

McDonald's employee body-slams milkshake-throwing woman It also appears that the customer's shirt may have come undone and one of her breasts exposed during the fight but that's blurred out on the video. In a later video, posted to Facebook by Ms Dayag, the worker seems thrilled with her new found internet fame after the footage attracted nearly a million views on Facebook. [Full Article...]

Bitcoin slides after SEC rejects Winklevoss twins’ ETF

Bitcoin slides after SEC rejects Winklevoss twins’ ETF According to the SEC's document , BZX argues in its most recent proposal that the "geographically diverse and continuous nature of bitcoin trading makes it hard and prohibitively costly to manipulate the price of bitcoin ", rendering it "generally ... [Full Article...]

U.S. economy grew at a brisk 4.1 percent rate last quarter

U.S. economy grew at a brisk 4.1 percent rate last quarter This too will likely not be sustained. US President Donald Trump hailed the data as a victory for his economic policy in a televised speech delivered outside the White House , during which he underscored the importance that protectionist trade policies have played in revitalizing the economy. [Full Article...]

Pres. Trump, European Union leaders announce path forward on trade

Pres. Trump, European Union leaders announce path forward on trade The president said the two allies will also work to resolve tariffs on steel and aluminum, and work towards "zero tariffs, zero non-tariff barriers and zero subsidies on non-auto industrial goods". U.S. stocks closed the day mostly lower on Thursday, despite rallying after the announcement, as investors were cautious that the trade threat had fully receded. [Full Article...]

Mark Zuckerberg lost £13 billion in five minutes this morning

Mark Zuckerberg lost £13 billion in five minutes this morning As a outcome of this drastic fall, the net worth of Mark Zuckerberg also reduced by 15%. The results are from the first full quarter following the revelation of the Cambridge Analytica privacy scandal. In lieu of Facebook's current multi-front crisis, one activist investor filed a proposal demanding that Zuckerberg be replaced as the firm's chairman for "mishandling" the numerous crises bele... [Full Article...]

Facebook stock plummets in record one-day drop

Facebook stock plummets in record one-day drop Bad day on the stock market? "We are committed to investing to keep people safe and secure, and to keep building meaningful new ways to help people connect", chief executive Mark Zuckerberg said . The GDPR has also forced several changes to Facebook's privacy terms and sign-up process, leading to some users to opt for non-personalised adverts, which generates less revenue. [Full Article...]

American pastor detained in Turkey moved to house arrest

American pastor detained in Turkey moved to house arrest The email address you have provided is already registered. Brunson's move to house arrest comes amid growing tensions between the US and its fellow North Atlantic Treaty Organisation member Turkey. Brunson's lawyer İsmail Cem Halavurt confirmed Turkish media reports that the court had ruled for him to be moved to house arrest. Ankara blames US-based cleric Fethullah Gulen for a failed cou... [Full Article...]

Kindness: Florida officer helps homeless man shave

Kindness: Florida officer helps homeless man shave A Tallahassee police officer gave him the shave and now, McDonald's may end up giving him a job. "He told me he had talked to the manager at McDonald's and he was set to get a job - but he still needed to get his ID and social security card", posted Officer Carlson. [Full Article...]

Canada launches NAFTA challenge of 'illegal' USA tariffs on solar panels

Canada launches NAFTA challenge of 'illegal' USA tariffs on solar panels Mexico and the United States are scheduled to hold one-on-one talks Thursday in Washington. Lopez Obrador, who takes office on December 1, also called for the countries to redouble their efforts to wrap up talks to modernize the 24-year-old North American Free Trade Agreement between the United States, Mexico and Canada. [Full Article...]

Philips, ASUS, Pioneer Hit With $100M+ Antitrust Fine

Philips, ASUS, Pioneer Hit With $100M+ Antitrust Fine Asus faces the biggest fine , but four other companies faced paying out significant sums for being caught imposing fixed or minimum resale prices on their online retailers. The four companies used automated software that monitored prices at their partner retailers to make sure they followed rules. As a penalty, ASUS was fined a whopping 63.5 million euros (~US$74 million), Pioneer 10.2 mill... [Full Article...]

Facebook (FB): What the Hell Just Happened to the Stock?

Facebook (FB): What the Hell Just Happened to the Stock? The social media site had a rough hump day as the company was below the mark with its sales and its global daily active users during its second quarter of fiscal 2018, due in part to the slew of data leaks and fake news fiascos that plagued the company during the period. [Full Article...]

Sergio Marchionne, business executive - obituary

By this year, Mr Marchionne had managed to wipe out the group's near-$13bn (£10bn) debt pile, something he described as a "healing" process for two companies that for so long were associated with failure. His extremely sad death opens the door to a nest of questions about future FCA plans - including Ferrari's participation in F1. He had been replaced in his duties at FCA by the board of directo... [Full Article...]

United States to give farmers $12bn trade war bailout

United States to give farmers $12bn trade war bailout Politico , citing two sources familiar with the plan, also reported the administration will pay for billions in trade-related aid through the U.S. Department of Agriculture's broad authority and two commodity support programs in a farm bill under consideration in Congress. [Full Article...]

Made in China: Trump re-election flags may get burned by his tariffs

Made in China: Trump re-election flags may get burned by his tariffs US trading partners are retaliating against Mr. Trump's decision to order tariffs on imports including metals, clothing and electronics from a broad range of countries, including China , Mexico, Canada and European Union member states. [Full Article...]


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