Business

Business Celebrities welcome LeBron James to the Los Angeles Lakers
Author: 0 Celebrities welcome LeBron James to the Los Angeles Lakers

Then, late-Monday, it was reported that the Golden State Warriors came to terms on a contract to replace McGee with DeMarcus Cousins - a move that sent shockwaves across the entire National Basketball Association. To be fair, the top four markets make total sense. Los Angeles could consider trying to acquire Damian Lillard from the Portland Trail Blazers. For years, James has been able to walk into the Finals with a level of ease, now, in the Western Conference, he must fight to gain that ...

Author: 0 Trump Draft Tariffs Bill Tears Up WTO Rules

Trump was reportedly briefed on the draft in late May. A White House spokeswoman told Axios that the bill was only a draft. The U.S. helped establish the WTO in 1995 as a way to mediate trade disputes and head off tit-for-tat trade wars of the kind that are now enveloping the U.S., Canada, Mexico, China, and the European Union.

Author: 0 Trump blasts OPEC over manipulating oil markets

President Trump lashes out at OPEC with a warning to stop manipulating oil markets and piles pressure on United States ally Saudi Arabia. "We also expect Venezuelan production to decline a further 150,000 bbl/d towards year-end, with risks still skewed to the downside", Bjørnar Tonhaugen, vice president of oil market research at Rystad Energy, said.

Business European Union warns Trump that auto tariffs could lead to $300B retaliation
Author: 0 European Union warns Trump that auto tariffs could lead to $300B retaliation

The European Commission reportedly sent a letter to the United States threatening to hit $US300 billion of American goods with tariffs . However, with the U.S. But he denied reports he plans to pull out of the WTO. In a submission to the USA authorities, the European Commission warned: "Economic analysis confirms that an increased tariff on these products (cars and vehicle parts) will be harmful first and foremost for the U.S.

Business Walmart Faces Boycott Threats Due To Donald Trump Impeachment T-Shirts
Author: 0 Walmart Faces Boycott Threats Due To Donald Trump Impeachment T-Shirts

Walmart's marketplace does still feature anti-Trump items from third-party sellers, but no products calling for the president's impeachment appear to be available. The T-shirts weren't being sold by Wal-Mart itself, but by third-party sellers including Old Glory and Teespring Inc. The shirt wasn't made by Walmart.

Business Mexico election: Andres Manuel Lopez Obrador wins presidential vote
Author: 0 Mexico election: Andres Manuel Lopez Obrador wins presidential vote

Lopez Obrador said he will propose that his own experts be included in the talks, but will respect Mexico's current negotiating team as they continue to represent Mexico until he takes office December 1. For some, one is an economic elite of the far right, while the other is a representative of the nefarious Latin American new left. (In critics' eyes, this is best symbolized by the late Venezuelan President Hugo Chavez).

Business Mexican peso rallies as exit polls show Lopez Obrador win
Author: 0 Mexican peso rallies as exit polls show Lopez Obrador win

In comments to reporters, Trump said he believed Lopez Obrador would help the United States secure its southern border. "I think the relationship is going to be a very good one". He said Mexico's "very strong" immigration laws could be used to help keep illegal immigrants away from the USA border. Some try to link him to Hugo Chavez or Fidel Castro due his leftist-leaning politics, some to Donald Trump over his vague populist rhetoric and others call him anti-Trump even though the ...

Business Landmark LeBron sign to vanish from downtown Cleveland
Author: 0 Landmark LeBron sign to vanish from downtown Cleveland

Fanatics was ready for this moment. LeBron James did not keep anyone waiting this time, as he announced his future on the first day of free agency. Sherwin-Williams told the Cleveland Plain Dealer on Monday that the 10-story banner featuring James on the side of its world headquarters building will be removed this week by advertiser Nike.

Business With its acquisition of Motivate, Lyft gets in on bike share
Author: 0 With its acquisition of Motivate, Lyft gets in on bike share

The Brooklyn, N.Y. -based company's bike maintenance operations will stay as a standalone business under the current brand. According to Lyft's press release , the business will be renamed Lyft Bikes. Lyft bought the company behind Citi Bike. Citi paid $41 million (roughly Rs. 281 crores) to be the corporate sponsor for New York's bike-share system beginning in 2012.

Business Obrador elected to Mexico's presidency
Author: 0 Obrador elected to Mexico's presidency

We ask our panel whether the 64-year old's a radical or a reformer and see how the firebrand former mayor of Mexico City can or cannot make good on his promise to tackle corruption, violence, and fight for the poor. But he vows to reduce inequality, improve pay and welfare spending and run a tight budget. The central state of Guanajuato was expected to go to a candidate of the conservative National Action Party.

Author: 0 Auto tariffs could lead to $300B retaliation — European Union warns Trump

Although Trump has previously been persuaded to back off trade threats based on the fact that they would hurt states that supported him in the 2016 presidential election, he has taken a more aggressive tack in recent months. The EU's letter reportedly said that it has not yet decided on countermeasures to possible auto tariffs, but said it is "likely" to apply them to "a significant volume of trade" in the event Trump imposes such tariffs.

Business Amazon's Try-Before-You-Buy Wardrobe Service Is Ready for Prime Time
Author: 0 Amazon's Try-Before-You-Buy Wardrobe Service Is Ready for Prime Time

Amazon (NASDAQ: AMZN ) announced on Wednesday that it is releasing Amazon Prime Wardrobe to all of its Prime members. It is now available to members in Australian capital cities, including Sydney, Melbourne, Brisbane, Canberra, Adelaide, Hobart and Perth, as well as regional cities, such as Albury-Wodonga, Bendigo, Gold Coast, Gosford, Newcastle, Shepparton-Mooroopna, Toowoomba, Wagga Wagga and more.

Author: 0 Trump risks '£294bn' trade tariff reprisals

The European Commission, the EU executive that handles trade for the bloc, said on Monday it was trying to convince its USA counterparts that imposing such tariffs would be a mistake. The United States is set to impose tariffs on $34 billion worth of additional goods from China on July 6. Trump on Wednesday said he supported tougher restrictions on foreign investment in sensitive technology, as well as export controls on those goods, but he stopped short of imposing specific restrictions ...

Business Trump administration ramps up pressure on Iran's economy
Author: 0 Trump administration ramps up pressure on Iran's economy

Donald Trump is urging oil producing countries except Iran to boost output. He hopes that will keep prices low - and motorists happy with cheaper fuel - as he tries to force the Iranians out of the market. Meanwhile, analysts worry about a supply squeeze as the USA administration pressures global importers to end their purchases of Iranian oil while Venezuela's production slumps with the South American country's deepening crisis.

Author: 0 Axios: Trump Bill Would Give Him Unilateral Power to Ignore WTO Rules

It is called the United States Fair and Reciprocal Tariff Act , but many have shortened it to the "FART Act". American consumers pay for tariffs. Under the bill, Trump would be able to impose tariffs without congressional consent. The act would allow Trump to ignore the WTO's "most favoured nation" principle, which stops countries trading on different terms with different trading partners unless they have a formal trade agreement, Axios said .

Business Is there pressure on Luke Walton coaching LeBron James?
Author: 0 Is there pressure on Luke Walton coaching LeBron James?

You never gave the team long-term assurance by signing a four-year deal like you have with the Lakers. After the Cleveland Cavaliers went a league-worst 17-65, they won the 2003 NBA Draft Lottery and selected nearby prep star James, who became NBA Rookie of the Year in 2004.

Business Saudi Arabia ready to increase oil output
Author: 0 Saudi Arabia ready to increase oil output

Turmoil has surrounded Iran after Trump announced the USA was pulling out of the Iran nuclear deal , and has since urged allies to stop buying oil from the country. US crude rose 62 cents a barrel to $74.08 by 1:22 p.m. EDT (1722 GMT), on track for a weekly rise of 8.2 percent. Trump applauded the decision to increase supply, writing on Twitter that OPEC needs to "keep the prices down".

Author: 0 Trump's Tariffs Threaten Jobs In Republican South Carolina — BMW

In a letter addressed to U.S. Secretary of Commerce, Wilbur Ross , BMW said that tariffs of up to 20 per cent would hurt domestic jobs and investments. The EU responded to the steel and aluminum tariffs with "rebalancing measures" that hit around 2.8 billion euros ($3.25 billion) worth of American-made products.

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