Finance

Finance Justin Trudeau: We won't be pushed around by Trump
Author: 0 Justin Trudeau: We won't be pushed around by Trump

White House chief economic adviser Larry Kudlow on Sunday intensified the administration's feud with Justin Trudeau , calling the Canadian prime minister's criticisms of President Donald Trump's tariff proposals "a betrayal" that "really kind of stabbed us in the back".

Finance Tyson Foods Recalls Frozen Chicken for Possible Plastic Contamination
Author: 0 Tyson Foods Recalls Frozen Chicken for Possible Plastic Contamination

The FSIS said products in freezers at food service institutions should be thrown away and not served. Foodservice institutions who have purchased these products are urged not to serve them. There have been no confirmed reports of illnesses or injuries. This is not the first time such a recall took place for Tyson Foods. These items were shipped to food services establishments, nationwide.

Finance KIA recall - KVOA | KVOA.com | Tucson, Arizona
Author: 0 KIA recall - KVOA | KVOA.com | Tucson, Arizona

The safety agency also said that electrical overstress appeared to be the root cause in a 2016 recall by Fiat Chrysler Automobiles NV of 1.4 million US vehicles for air bag non-deployments in significant frontal crashes. ZF said on Friday that it has worked with Kia and "continues to cooperate and support NHTSA and its customers in the investigation ". The agency says four crashes occurred in Sonatas and two happened in Fortes.

Finance Quebec ticket takes Friday night’s $60M Lotto Max jackpot
Author: 0 Quebec ticket takes Friday night’s $60M Lotto Max jackpot

Two tickets sold on Vancouver Island have won $500,000 from Lotto Max's MAXMILLIONS June 8th draw . The winning ticket for Friday night's $60-million Lotto Max jackpot was sold in Quebec, but one of nine Maxmillions prizes worth $1 million each was sold in Windsor.

Author: 0 Country sheds 7.5K jobs, local employment relatively unchanged

This we do know: It's the first time in a decade that the jobless rate for Ottawa-Gatineau has been below five per cent for three consecutive months, suggesting the local economy has finally recovered from the effects of the 2008-09 recession.

Finance BT chief leaving after shareholder backlash, Companies & Markets News & Top Stories
Author: 0 BT chief leaving after shareholder backlash, Companies & Markets News & Top Stories

In a statement on Friday, BT chair Jan du Plessis, who supported Patterson's restructuring plans, said: "The board is fully supportive of the strategy recently set out by Gavin and his team". The fact that Openreach is still owned by BT and has avoided being spun-out is also a boon for the firm. However, it's been a different story over the last two years, ' he said.

Author: 0 Donald Trump Withdraws Endorsement Of G7 Joint Statement

Trump wrote in one tweet . President Donald Trump broadsided his allies and upended a Group of Seven meeting just as it wound up - disavowing a joint statement the USA had agreed to, lashing out at Canada's Justin Trudeau and ratcheting up trade tensions.

Finance ORNL Summit Reclaims Supercomputing Crown For America With 27,648 NVIDIA Volta GPUs
Author: 0 ORNL Summit Reclaims Supercomputing Crown For America With 27,648 NVIDIA Volta GPUs

Summit incorporates technology from Nvidia and cost about $200 million. The machines will give the U.S a security edge and can help develop nuclear weapons. "These computers obviously offer those that have them the ability to innovate very, very quickly and have a competitive advantage", said John Kelly, who oversees IBM's artificial intelligence and research projects.

Finance KFC set to test ‘vegetarian alternative’ for chicken in UK
Author: 0 KFC set to test ‘vegetarian alternative’ for chicken in UK

KFC plans to introduce a faux meat alternative to its original chicken recipe in its aim to provide options to people with changing dining habits. The colonel, most likely, would lose his mind over the recent news that KFC in Britain is experimenting with a vegetarian version of the founder's famous fried chicken.

Finance Trump demands end to 'unfair' trade after G7 summit
Author: 0 Trump demands end to 'unfair' trade after G7 summit

In today's postings, Trump says he is heading to Canada for G7 talks that will mostly centre on the longtime, unfair trade practices aimed at the United States. Trump pulled out of that deal a week after the last G7 summit in Italy. Still, a French official said on Friday the United States and European Union would establish a dialogue on trade within the next two weeks, signalling a modest step forward for the bitterly divided allies of the G7.

Author: 0 Trump, Trudeau swap jokes but hold firm in trade dispute

Canada is strongly of the opposite view, with Trudeau calling that rationale "insulting" since Canada and the US are so integrated on continental defence and security issues. That resulted in the an overall $8.4 billion surplus in goods and services with Canada in 2017, according to the U.S. Trade Representative's office .

Author: 0 1M Lotto Tickets Sold In London, Windsor

In Quebec, someone won Lotto Max's Prize of $60 million. The OLG says MAXMILLIONS prizes for Friday night's draw, worth $1,000,000 each, were sold in the London area and Windsor. For each $5 play, Lotto Max players receive three sets of seven numbers ranging from one to forty-nine. A million-dollar Encore prize ticket was sold in Sudbury.

Finance Breakthrough on scrubbing CO2 from atmosphere
Author: 0 Breakthrough on scrubbing CO2 from atmosphere

This would be a major advance on the current price of around $600 per tonne. The technology makes synthetic fuels using only air, water and renewable power. Capturing the carbon in the air is not a "magical" solution, it is "a viable and buildable technology for producing carbon-neutral fuels in the immediate future and for removing carbon in the long run", David Keith , a professor of applied physics and public policy at Harvard University , said in a statement .

Finance Verizon picks Hans Vestberg to serve as new CEO
Author: 0 Verizon picks Hans Vestberg to serve as new CEO

McAdam, 64, will serve as Executive Chairman of the Board through his retirement from the company at the end of the year, at which time he will become Non-Executive Chairman. Lars Soderfjell, a portfolio manager at Finnish bank Alandsbanken, which owns Ericsson shares, said Vestberg pushed to expand the company's services unit, which included managing networks for mobile operators.

Finance Commerce Secretary: US Has Reached Agreement With China's ZTE
Author: 0 Commerce Secretary: US Has Reached Agreement With China's ZTE

It's not clear that Congress can do anything to stop the deal, though a bipartisan group of senators has signed on to legislation that would make it more hard for ZTE to operate in the U.S. In April, Washington prohibited ZTE from buying parts from United States companies, including Qualcomm , Corning and Google . ZTE is based in Shenzhen, close to Hong Kong, and was founded in 1985.

Finance The flying vehicle has arrived
Author: 0 The flying vehicle has arrived

The flying vehicle company, Kitty Hawk , has shown off its latest iteration of the Flyer , a single seater "flying car" that's controlled with a single joystick. Startup Kitty Hawk is ready to make that dream a reality with the Flyer, a new all-electric ultralight plane. Its price has not yet been disclosed.

Finance Donald Trump divides G7 over trade and threats to worldwide order
Author: 0 Donald Trump divides G7 over trade and threats to worldwide order

Under plans agreed by the UK, US, France, Germany, Canada , Italy and Japan, there will be greater co-ordination to respond to threats including cyber attacks and other breaches of global rules. French President Emmanuel Macron said he believed all sides were willing to find an agreement. Most recently, Trump pulled the US out of the Iran nuclear agreement, following his earlier decision to withdraw from the Paris climate accord.

Finance Apple warns suppliers that iPhone demand is falling
Author: 0 Apple warns suppliers that iPhone demand is falling

Reuters reported that Apple expects total iPhone shipments this year to be 80 million - a steep decline from the 100 million Apple had planned for the same time last year. The iPhone X's high starting price of $999 has enabled Apple to hit record average selling prices for iPhones, and reports have conflicted about whether this year's top models will be equally or less expensive.

Finance Hello Porsche Taycan: Tesla-rivaling Mission E gets its launch name
Author: 0 Hello Porsche Taycan: Tesla-rivaling Mission E gets its launch name

Today, the German automaker has announced that the Mission E will be sold as the Porsche Taycan . "We are going to take the next big step next year", when Taycan deliveries will begin, Blume said at the Porsche museum near the company's headquarters in Stuttgart, where the brand celebrated the 70th anniversary of its first-ever sports auto, the 356 model.

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