Finance

Author: 0 U.S. imports to attract EU levy from June 22

Duties of 25% will be applied to the raft of United States goods worth €2.8bn - including bourbon, make-up and motorbikes - from 22 June. In return, the European industry leaders want U.S. products, Ms Malmstrom said Brussels had no choice but to fight back. "The rules of worldwide trade that we have developed over the years with our American partners can not be violated without a reaction from our side", Malmstrom said.

Finance Top Bitcoin Exchange Bithumb Reports More Than $30 Million in Cryptocurrencies Stolen
Author: 0 Top Bitcoin Exchange Bithumb Reports More Than $30 Million in Cryptocurrencies Stolen

Two massive attacks within two weeks on separate Korean exchanges have raised concerns. "[Notice for the temporary suspension of the deposits].Due to the increasing safety issues, we are changing our wallet system". Some users reported on cryptocurrency-focused forums that they were missing Ripple (RPX) from their accounts, but this information was never confirmed by the exchange.

Finance Technical glitch causes more cancellations at Charlotte airport
Author: 0 Technical glitch causes more cancellations at Charlotte airport

Employees at TLH say they believe this is an "after-effect" of the glitch that caused hundreds of delays late last week. "Charlotte Douglas International Airport continues to provide assistance to the airlines and our passengers as PSA and American Airlines work to resolve their operational issues.

Finance Starbucks to Close More Stores Amid Glut of Coffee Shops
Author: 0 Starbucks to Close More Stores Amid Glut of Coffee Shops

According to Bloomberg News, the comparable sales performance would be Starbucks' weakest in nine years. The coffee giant said Tuesday that it will close 150 US stores in its 2019 fiscal year, triple the number it has closed on average in recent years.

Finance Walt Disney raises bid for Fox assets to $38 per share
Author: 0 Walt Disney raises bid for Fox assets to $38 per share

Shares of 21st Century Fox were up 6% on the news, while Disney's were up 2.2%. Shares of Fox jumped $2.88, or 6.5 percent, to $47.16 in early trading, which may suggest investors are expecting Comcast to return with an upped bid. Also at stake is the ownership of streaming service Hulu. Murdoch will keep a few properties, including Fox News, the Fox Sports national cable channels and the Fox broadcasting network.

Author: 0 Stocks slump in global sell-off after Trump's China tariff threats

Trump's move on Monday came shortly after the Senate voted to reinstate a ban on Chinese tech company ZTE, barring it from buying components from USA manufacturers. government figures. Beyond tariffs: How else can China hit United States products? The ongoing trade dispute between the United States and China knocked the yuan to 6.4660 per dollar, its weakest in more than five months in the offshore market.

Finance Microsoft leadership tries to quell employee backlash over ICE contract
Author: 0 Microsoft leadership tries to quell employee backlash over ICE contract

The letter also asks Microsoft to enact a policy that states it will not work with companies that violate global human rights laws, and references a January statement from Microsoft that proudly announces the contract. In addition, the company distanced its computer software and cloud services from ICE, which has been accused of taking hundreds of children away from their parents.

Finance Not-so-sweet Dunkin Donuts sign
Author: 0 Not-so-sweet Dunkin Donuts sign

He said it was an old sign. It offered a free cup of coffee and a pastry to anyone who called and reported an employee's name. He told WBAL-TV that he put up a similar sign in the past and that customers had complained about it. I've never been to one that was staffed by anyone white. "I'm exhausted of going into Dunkin' Donuts and either A they don't understand me or B I don't understand them".

Finance First paper straw factory in decades to open as United Kingdom bans plastic
Author: 0 First paper straw factory in decades to open as United Kingdom bans plastic

Various US cities have outlawed the use of plastic straws , while some companies have begun making changes to their containers as they plan for a future without them. "Most plastic straws are too lightweight to make it through the mechanical recycling sorter". " Plastic waste is one of the greatest environmental challenges facing the world, which is why protecting the marine environment is central to our agenda at the Commonwealth Heads of Government Meeting", May added.

Author: 0 China accuses Trump of ‘blackmail after new tariffs threat

A Commerce Ministry statement criticized the US measures as "extreme pressure and blackmail". Trump previously ordered tariffs on $ 50 billion in Chinese goods in retaliation for Beijing's forced transfer of USA technology and for intellectual property theft.

Finance Elon Musk: Tesla Is a Victim of Sabotage
Author: 0 Elon Musk: Tesla Is a Victim of Sabotage

This alleged act of sabotage follows the news that Tesla is to let go approximately nine per cent of its workforce, after Musk said it needs to "reduce costs and become profitable". Tesla's future long-term profitability hinges on ramping up Model 3 output, which is intended for mass production. In another email sent on Monday (18 June), Musk warned of more possible sabotage in the form of a factory fire.

Finance Trump calls for US$200B more tariffs on China; US futures drop
Author: 0 Trump calls for US$200B more tariffs on China; US futures drop

President Trump has said trade wars are good and easy to win, and that America already lost the battle a long time ago. "The latest headlines from Trump are pushing investors to risk-off-mode", said Shintaro Ikeshima, chief manager of forex and financial products trading division at Mitsubishi UFJ Trust and Banking Corp.

Finance NTSB wants to learn more about Tesla battery fire
Author: 0 NTSB wants to learn more about Tesla battery fire

McCormack is married to director Michael Morris. Fortunately, a couple flagged her husband down and asked him to pull over and there were no injuries. Tesla maintains that it takes extraordinary measures to protect passengers from fires, which it says are at least 10 times less likely in a Tesla than in a gas-powered auto.

Finance Trump threatens to slap China with $200 billion in new tariffs
Author: 0 Trump threatens to slap China with $200 billion in new tariffs

Later on Friday, China announced its own tariffs on American goods, including a wide range of seafood and agricultural products, many cars and trucks, petrochemicals and an array of medical equipment. These include major American exports to China such as soybeans, which brought in $14 billion in sales a year ago and are grown in states that supported Trump during the 2016 presidential election.

Finance WH: Pres. Trump To Nominate Kathy Kraninger As Next CFPB Chief
Author: 0 WH: Pres. Trump To Nominate Kathy Kraninger As Next CFPB Chief

Mulvaney has steered the bureau in a more industry-friendly direction since he took over. The CFPB was established by President Obama following the 2008 financial crisis to assure that banks comply with consumer protection laws. J.W. Verret, an associate professor at the George Mason University Antonin Scalia Law School and financial regulation expert, said in an email that Kraninger was regarded in conservative Republican circles as very "smart", but he also pointed to her lack of consumer ...

Finance Trump's Prepares China Trade War, $200 Billion in Tariffs
Author: 0 Trump's Prepares China Trade War, $200 Billion in Tariffs

However, this time, Trump is raising the stakes over the additional $100 billion he previously said he would consider, charging the U.S. Trade Representative to consider $200 billion in additional tariffs on Chinese goods, with yet another $200 billion possible if China refuses to relent.

Author: 0 China says will 'fight back firmly' if U.S. publishes additional tariffs list

Trump said. "Rather than altering those practices, it is now threatening United States companies, workers, and farmers who have done nothing wrong". economic partners. Secretary of State Mike Pompeo made the remarks at the Detroit Economic Club as global markets reacted to trade tensions between the USA and China.

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