Business

Business Downing Street signals 1p and 2p coins will be spared the axe
Author: 0 Downing Street signals 1p and 2p coins will be spared the axe

Ministers say there are no current plans to scrap them. But, with the average penny sweet now costing a lot more than 1p and a Freddo priced at 30p, there really isn't much use for copper coins. "To meet demand created by such losses from circulation, in previous years the government and the Royal Mint have needed to produce and issue over 500 million 1p and 2p coins each year to replace those falling out of circulation", the Treasury said.

Business Broadcom gives up on acquiring Qualcomm
Author: 0 Broadcom gives up on acquiring Qualcomm

Earlier this month, the Committee on Foreign Investment in the United States, which reviews the national security implications of foreign investments in U.S. Broadcom had planned to move its headquarters from Singapore to the USA on April 3, one month before the date it had announced as part of the agreement to buy Qualcomm.

Business Rohit, Sundar take India to final as Bangladesh lose by 17 runs
Author: 0 Rohit, Sundar take India to final as Bangladesh lose by 17 runs

The win broke a four-match losing streak in T20 global matches. Unless Bangladesh can conjure a miracle or manifest a performance of a lifetime, the chances of stalling India's momentum seem futile. India's victory makes the last round robin match between Sri Lanka and Bangladesh a virtual semi-final. Like I said at the toss I tried to take my time with the bat at the start and then play my shots later on.

Business Equifax exec charged with insider trading
Author: 0 Equifax exec charged with insider trading

Jun Ying, a former Equifax chief information officer, faces criminal charges filed by the US Attorney's Office for the Northern District of Georgia and anti-fraud civil charges filed by the US Securities and Exchange Commission . "As announced in the press release, Equifax discovered the cybersecurity incident on Saturday, July 29". It appears at least one exec, namely Jun Ying, CIO of the U.S.

Business United Airlines Accidentally Flies Kansas Family's Dog to Japan
Author: 0 United Airlines Accidentally Flies Kansas Family's Dog to Japan

The airline said it's flying Irgo back to the U.S.in first class, according to Swindel. Shirley Yamauchi said she purchased the airline tickets to Boston three months before the incident, Hawaii News Now reported . However, the Airline was involved in another dog mishap recently when it mistakenly sent a German shepherd bound for Kansas to Japan. "At this point, all I can do is be hopeful that my dog is going to be okay and return safely", she says.

Business Disney Restructures Consumer Products Operations
Author: 0 Disney Restructures Consumer Products Operations

With an ESPN subscription streaming service set to launch any day and a Disney streaming service due next year, Disney is consolidating its direct-to-consumer and global businesses into a newly formed segment. The Disney-branded service is expected to launch in 2019 will be home to live-action and animated movies in the pay TV window from Disney, Pixar, Marvel and Lucasfilm, original and exclusive series and movie programming, and Disney film and television libraries.

Business Rep. Graves supports School Safety Bill
Author: 0 Rep. Graves supports School Safety Bill

The student walkouts, organized by the youth empowerment arm of the Women's March, were timed to coincide with the one-month anniversary of the Stoneman Douglas school shooting. Fifteen-year-old Chloe Appel of Gaithersburg, Maryland, held a sign that said, "Fix this before I text my mom from under a desk". Local students gathered on the West Front of the Capitol with Democratic lawmakers to demand Congress do more to prevent gun violence, like passing a more comprehensive background checks ...

Business Yahoo hack victims can sue in the U.S., judge rules
Author: 0 Yahoo hack victims can sue in the U.S., judge rules

Under the accord, investors are due to get 12 cents for each share of Yahoo stock they owned. The remains of Yahoo! will be forced to defend the class action complaint filed by customers whose data was exposed in the 2014 megahack. Koh agreed to toss the claims of two of the named plaintiffs who claim violations of California's unfair competition law on grounds of the threat of identity theft from the breach, but upheld the claim of another plaintiff who had paid $19.95 per year for the ...

Business Pru to spin-out and float M&G
Author: 0 Pru to spin-out and float M&G

Prudential said the timing of the demerger would depend on several factors, including the completion of the United Kingdom annuity sale, and the prevailing market conditions. In the United States, life business Jackson delivered positive separate account net inflows of 3.5 billion pounds, with separate account assets increasing by 19 percent.

Business USA crude stocks up, gasoline supply drops on big demand
Author: 0 USA crude stocks up, gasoline supply drops on big demand

West Texas Intermediate (WTI) futures CLc1 were up 31 cents at $61.02 a barrel. Chinese oil production in January and February slipped to about 3.77 million barrels per day (bpd), while the amount of crude processed by its refineries rose 7.3 percent to 93.4 million bpd, suggesting strong import demand.

Business Google to Ban Cryptocurrency, ICO Ads from June
Author: 0 Google to Ban Cryptocurrency, ICO Ads from June

And it's working! In 2017, Google noticed that this specific type of scam steadily declined on their networks as the year progressed: In a single month in 2016, they reviewed more than 1,200 sites for potentially violating their new misrepresentative content policy and terminated 200 publishers.

Business Toys 'R' Us Going Out Of Business, Closing All Stores
Author: 0 Toys 'R' Us Going Out Of Business, Closing All Stores

Now the company is preparing to liquidate its bankrupt USA division, and though a rescue operation could still come through, it's looking more than likely that the retailer will have to close all of its doors very soon . David Fiorenza, an economics professor at the Villanova School of Business, said online retailers gain an advantage with tax breaks if nationwide closures happen.

Business Sealing drive: 1675 business establishments in Delhi sealed till Mar 9
Author: 0 Sealing drive: 1675 business establishments in Delhi sealed till Mar 9

Kejriwal, on Saturday, wrote to chiefs of local units -BJP's Manoj Tiwari and Congress's Maken - inviting them to hold a discussion on the matter. "After this affidavit the Supreme Court expressed its concern over the intentions of Delhi Government and revived its Monitoring Committee to curb the growing menace of unauthorized construction, " he said.

Business Volkswagen shares rise as auto maker announces expansions of electric vehicle production
Author: 0 Volkswagen shares rise as auto maker announces expansions of electric vehicle production

As we discussed in the latest episode of the Electrek Podcast, Volkswagen's electric auto efforts mostly consist of press releases and concept vehicles at this time, but they seem quite serious about it based on their investments. and another 11 million worldwide. We are making massive investments in the mobility of tomorrow, but without neglecting current technologies and vehicles that will continue to play an important role for decades to come.

Business All you need to know about the new 'Millennial Railcard'
Author: 0 All you need to know about the new 'Millennial Railcard'

The railcard was announced a year ago in the Budget by Chancellor Phillip Hammond when he said:"I can announce a new railcard for those aged 26 to 30, giving 4.5 million more young people a third off their rail fares". There will be a £12 minimum on tickets between 4.30am and 10am, excluding weekends and public holidays. As The Independent revealed on 11 March , the first batch of railcards available to anyone in the United Kingdom born between 14 March 1987 and 13 March 1992 was due to be ...

Business Amazon Recalls Six AmazonBasics Power Banks
Author: 0 Amazon Recalls Six AmazonBasics Power Banks

The affected power bank models include the 16,100mAh, 10,000mAh, 5,600mAh, 3,000mAh, 2,000mAh with Micro USB cable, and 3,000mAh with Micro USB cable. Power banks have become a popular way to ensure longer battery life on handsets, tablets, and even computers. Amazon did not immediately respond to a Fortune request for comment on the recalls .

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