Business

Business Delta, Zara and Medtronic Join Marriott in Beijing's Doghouse After Location Gaffes
Author: 0 Delta, Zara and Medtronic Join Marriott in Beijing's Doghouse After Location Gaffes

China is stepping up its policing of global companies such as Inditex SA-owned Zara and Delta Air Lines Inc and demanding they respect the government's position on long-standing territorial disputes from Taiwan to Tibet. Hong Kong and Macau are former European colonies that are now part of China but run largely autonomously. City officials said in a notice dated late Wednesday that they were probing whether the gaffe in MarriottInternational's Mandarin-language questionnaire violated ...

Business Why is there always a winter crisis in the NHS?
Author: 0 Why is there always a winter crisis in the NHS?

Figures from NHS England show more than 480,000 people called the service last week, which is a rise of 21% on the previous seven days. Tens of thousands of non-urgent operations and routine outpatient appointments have been shelved by NHS England to ease pressures on hospitals.

Business GM debuts self-driving auto with no steering wheel
Author: 0 GM debuts self-driving auto with no steering wheel

The autonomous cars now being tested by major companies still have manual controls. "What's really special about this is if you look back 20 years from now, it's the first auto without a steering wheel and pedals", said Kyle Vogt, chief executive of Cruise Automation, the San Francisco-based unit developing the software for GM's self-driving cars.

Business China Exports Rise More Than Forecast
Author: 0 China Exports Rise More Than Forecast

By that data, last year's surplus is a record high, the wire service reported . The world's second-largest economy posted broadly strong data for 2017 on the back of a broad global recovery. The country's trade surplus narrowed last year to 2.87 trillion yuan (US$441.9 billion) from CNY3.35 tillion the previous year. China's excess production capacity has emerged as a major trade irritant for the world's leading economic powers, prompting them to consider new steps to protect domestic ...

Business Uber used remote tool to shut off devices during police raids
Author: 0 Uber used remote tool to shut off devices during police raids

Now, as Bloomberg reports, Khosrowshahi must dodge the fallout from the news that Uber regularly employed a secret program to shut down its computer systems and evade authorities in the event of a police raid. Ryan Kalember from cybersecurity firm Proofpoint added that although it is standard practice to be able to remotely lock all systems or wipe data from devices, it's less typical to develop a specific tool and to give it such an evocative name.

Business New Toyota-Mazda plant will bring 4000 jobs to Alabama
Author: 0 New Toyota-Mazda plant will bring 4000 jobs to Alabama

To lure the plant, Alabama offered an incentive package of $379 million in tax abatements, investment rebates and the construction of a worker training facility. The state produced 9 percent of the cars made in the USA, the center said. "The partnership between Mazda and Toyota will expand innovative automotive manufacturing in Alabama", said Gov.

Business Firm to receive up to $70M if MH370 found in new hunt
Author: 0 Firm to receive up to $70M if MH370 found in new hunt

The search vessel of Ocean Infinity, the Seabed Constructor already left the South African port of Durban last week company Chief Executive Oliver Plunkett said, adding that it is expected to reach the southern Indian Ocean by January 17 to launch the hunt.

Business Tesla Issues Takata-Related Recall For 2012-13 Model S
Author: 0 Tesla Issues Takata-Related Recall For 2012-13 Model S

After inspecting the vehicle five days later, Ford confirmed that the airbag inflator ruptured, killing the driver. The recall involves approximately 2,902 vehicles located in North America, with 2,712 located in the United States and federalized territories and 190 in Canada.

Business Domino's Pizza CEO to step down in June
Author: 0 Domino's Pizza CEO to step down in June

About 6.49M shares traded. DineEquity, Inc. (NYSE:DIN) has declined 38.62% since January 11, 2017 and is downtrending. It has outperformed by 5.00% the S&P500. DPZ has been the topic of several research reports. Maxim Group's price target points to a potential upside of 24.94% from the company's current price.

Business Oil prices settle near $63, highest in three years
Author: 0 Oil prices settle near $63, highest in three years

Today is the 16 day up from the last main bottom on December 14, putting the market in the "window of time" for a potentially bearish closing price reversal top. OPEC and the Russia-led alliance face a number of challenges in keeping their deal intact until the end of 2018. Gasoline futures fell 0.35 cent, or 0.19%, to $1.8327 a gallon.

Business Meltdown & Spectre: Intel Faces Class-Action Lawsuits
Author: 0 Meltdown & Spectre: Intel Faces Class-Action Lawsuits

Apple announced a security flaw in chips that can affect all Mac computers, iPhones and iPads. If a device is affected by Meltdown then it's prone to hackers and they can bypass the hardware barrier which allows them to get sensitive information from a users account.

Business Dropbox said to file confidentially for initial offering
Author: 0 Dropbox said to file confidentially for initial offering

The sources said Goldman Sachs Group Inc. and JPMorgan Chase & Co. are acting as underwriters, which was reaffirmed by a tipster who spoke separately to CNBC . The numbers haven't been disclosed as yet so it's not known just how much money Dropbox is aiming to raise from the IPO. Spotify, owner of the world's largest paid music service, plans to execute its unconventional direct listing this quarter, a person familiar with the matter said this month.

Business IKEA ad encourages consumers to pee on it
Author: 0 IKEA ad encourages consumers to pee on it

Once a woman urinates on a strip in the ad, a discount is revealed only if she is pregnant, according to a story in Ad Week. An Ikea representative in Italy told Euronews: "The advertisement is only related to Sweden and appeared in a limited edition magazine, not all copies contained it".

Business Some Sam's Club stores abruptly close nationwide
Author: 0 Some Sam's Club stores abruptly close nationwide

The decision to shutter the stores comes on the heels of Walmart, Sam's Club's parent company, announcing an across the board pay raise for minimum wage employees. A number of Sam's Club stores around the country are closing, including in Syracuse - putting 151 people out of work. Sam's Club did not respond to a request for more information.

Business M&S hit by sluggish sales
Author: 0 M&S hit by sluggish sales

However, despite recording the highest rate of market share growth in Ireland for five years, the retailer missed overall group forecasts for trading in the festive period. General Merchandise saw a 0.6% decline during the Christmas period, however clothing sales were up 5%. Online sales at M&S.com lifted 3 per cent, while its ongoing move to pull out of worldwide markets saw overseas sales slump 9.8 per cent.

Business Circuit City plans a comeback with web relaunch
Author: 0 Circuit City plans a comeback with web relaunch

According to CNBC, the retailer that closed all of its stores in 2009 has picked February 15 as the day it will relaunch its website. But for anybody who dares to dream, Circuit City's showroom design partner, Taylored Group , released a concept render of its store vision which looks like a Radio Shack as if rendered in a Taiwanese hot-take news video .

Business Ripple (XRP) Price Races Past $2.2 As MoneyGram Partnership Announced
Author: 0 Ripple (XRP) Price Races Past $2.2 As MoneyGram Partnership Announced

USA money transfer giant MoneyGram is teaming up with blockchain firm Ripple to test payments using the latter's cryptocurrency. Ripple's XRP token, formerly known as "Ripple" may has gotten a much needed boost following reports that MoneyGram has begun testing the digital currency in a new partnership with Ripple.

Business Walmart workers win pay rise after Trump tax cuts
Author: 0 Walmart workers win pay rise after Trump tax cuts

Wal-Mart said the new tax law will create "some financial benefit for the company" and that is it is in the early process of assessing additional investments. "Tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S.", McMillon said in prepared remarks. Walmart employs about 2.2m people globally, with more than 1.5m in the United States, and had total global revenue of almost $500 billion past year.

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