Markets

Markets Tesla unveils Model Y
Author: 0 Tesla unveils Model Y

A Dual Motor AWD version has 280-miles of range 135mph top speed, 4.8 second s0-60mph time and a $51,000 price point. Time will tell if this worry has any grounds but it's worth recalling that the Model 3 became the most sold electric vehicle in the world last year: the first full-year of production for the auto.

Markets Pi Day Pizza Specials in Charlotte
Author: 0 Pi Day Pizza Specials in Charlotte

Slices of pie being offered for $3.14. This Long Beach restaurant is throwing an all-day patio party with a pie-eating contest, $3.14 sangria and slices of Key Lime Pie for $3.14. On March 14, people across the globe will be celebrating Pi Day! But I guess a day for all things math and numbers wasn't necessarily appealing to everyone so there are a number of eateries offering Pi or pie related specials today.

Markets Peace Region unemployment rate second-best in Alberta
Author: 0 Peace Region unemployment rate second-best in Alberta

The encouraging numbers provided a bright spot for the economy, which has posted disappointing data in recent months. Statistics Canada also reported that participation by women in the workforce was up. Caranci said the Bank of Canada will likely view the February numbers "as a positive sign and a bit of a relief". For the third time in four months, the number of positions increased notably.

Markets Victoria's Secret closing 53 stores in 2019
Author: 0 Victoria's Secret closing 53 stores in 2019

L Brands' chief market officer, Ed Razek, sparked a backlash late past year when he rejected the idea of using plus-size or transgender models, a position he later apologized for. The announcement comes after a rough year for Victoria's Secret. The results beat the company's own forecasts for the quarter, which it had revised downward midway through 2018.

Markets Gap to close more than 200 stores amid worldwide restructuring
Author: 0 Gap to close more than 200 stores amid worldwide restructuring

After the closures , which also include the 68 stores it shut this year, the chain will be down to roughly 427 stores. Investors will now likely pay more for Old Navy's stock-the point of the spinoff. Sonia Syngal, CEO of Old Navy, will keep running that company. The company says it estimates an annualized sales loss of approximately $625 million as a result of these store closures.

Markets YouTube Removes Ads from Anti-Vaccine Channels
Author: 0 YouTube Removes Ads from Anti-Vaccine Channels

YouTube has responded by stating that they're working hard to solve the problem. For example, many anti-vaccination videos on YouTube now point viewers to Wikipedia's " Vaccine hesitancy " article. Now the company tells the New York Times today , "Until Google can protect our brand from offensive content of any kind, we are removing all advertising from YouTube ".

Markets Read the full, annotated text of Jody Wilson-Raybould's resignation letter
Author: 0 Read the full, annotated text of Jody Wilson-Raybould's resignation letter

Wilson-Raybould was the epitome of Brand Trudeau-the daughter of a First Nations politician, she was a lawyer whose sterling career as Crown Prosecutor and Regional Chief of the B.C. Wilson-Raybould will, however, be staying on as an MP in Vancouver-Granville. SNC-Lavalin's head office in Montreal. Trudeau informed the rest of his cabinet Tuesday morning about her decision.

Markets Amazon places interest in autonomous vehicles with investment
Author: 0 Amazon places interest in autonomous vehicles with investment

Self-driving auto startup Aurora has raised more than $530 million in fresh funding , bucking recent skepticism by investors and industry players that autonomous vehicle technology has been overhyped. Aurora does not manufacture its own vehicles but works with auto manufacturers to develop self-driving technology. Aurora said it now earns revenue through these partnerships, although it hasn't determined precisely how its business model will evolve once the technology is commercially ...

Markets Oil slips on API report of USA inventory rise
Author: 0 Oil slips on API report of USA inventory rise

The Organization of the Petroleum Exporting Countries and its allies, including Russian Federation, agreed to production cuts effective from last month to beat back supply growth. The producers known as OPEC+ started cutting production by 1.2 million barrels per day (bpd) from last month to avert a new supply glut, and OPEC has delivered nearly three quarters of its pledged cuts already, a Reuters survey showed last week.

Markets European Union countries part of 'a gringo plot' against Venezuela, Maduro claims
Author: 0 European Union countries part of 'a gringo plot' against Venezuela, Maduro claims

The situation deteriorated when Guaidó declared himself interim president and was recognized by a number of countries around the world including the United States, United Kingdom, and Canada. He accused the military on Monday of planning to divert aid being stockpiled in Colombia, Brazil and an unidentified Caribbean island, in order to distribute it through the socialist government's subsidized food program for its own supporters.

Markets 'Don't deal in Venezuelan gold,' White House says, in anti-Maduro push
Author: 0 'Don't deal in Venezuelan gold,' White House says, in anti-Maduro push

Venezuela's top prosecutor asked the country's Supreme Court to freeze Guaido's assets and bar him from traveling . In a tweet earlier Tuesday, US National Security Adviser John Bolton warned of "serious consequences" if the investigation request from Saab, who Bolton called an "illegitimate former Venezuelan Attorney General", was approved.

Markets Boeing flying car prototype completes first test flight
Author: 0 Boeing flying car prototype completes first test flight

Through Aurora, Boeing partnered with Uber back in 2017, in the hopes that the companies could work together to bring urban air taxis to the masses by 2023. "From building air vehicles to airspace integration, we will usher in a future of safe, low-stress mobility in cities and regions around the world", he said.

Markets UK PM Theresa May to take Brexit options back to European Union negotiators
Author: 0 UK PM Theresa May to take Brexit options back to European Union negotiators

A "backstop" protocol dealing with the Irish border in the withdrawal agreement negotiated by British Prime Minister Theresa May last month was cited by many British lawmakers as a reason for their rejecting May's deal last week. Labour leader Jeremy Corbyn proposed a series of votes in Parliament on options for how the United Kingdom can avoid an economically damaging no-deal Brexit.

Markets Taiwan stages live-fire military exercises after China threats
Author: 0 Taiwan stages live-fire military exercises after China threats

Also on Tuesday, the Defense Intelligence Agency released a report describing Taiwan as the "primary driver" for China's military modernization, which it said had made major advances in recent years. "Despite Trump tweeting, "... the United States Treasury has taken in MANY billions of dollars from the Tariffs we are charging China and other countries that have not treated us fairly", the head of the conservative and business-friendly U.S.

Markets China trade talks extended, 'going very well'
Author: 0 China trade talks extended, 'going very well'

It's unclear from the United States statement how much headway negotiators made regarding USA concerns over forced technology transfers and cybertheft of trade secrets for commercial purposes. Since the start of the trade war in July, both sides have levied billions in tariffs that have shaken business sentiment, in a conflict many see an extension of a technology battle between the world's two largest economies.

Markets Apple Warns of Quarterly Revenue Shortfall
Author: 0 Apple Warns of Quarterly Revenue Shortfall

Apple shares fell 10 percent in New York Thursday, the biggest drop in nearly six years, after the warning. Trading in the company's shares were temporarily halted as Tim Cook , Apple's chief executive, issued a letter to shareholders explaining the reason for the change.

Markets Apple admits it is going to miss iPhone sales
Author: 0 Apple admits it is going to miss iPhone sales

Cook said other factors will also pull down Apple's revenue, including the timing of its iPhone launches previous year and a strong dollar that means lower revenues when converted to United States currency. "The already shaky foundation for Apple owing to the likelihood of the company's products being enlisted into the tariffs scuffle saw their latest move to lower revenue outlook packing a punch for share prices".

Markets Tesla shares fall after carmaker falls short on delivery estimates
Author: 0 Tesla shares fall after carmaker falls short on delivery estimates

Tesla's Q4 production numbers are comprised of 61,394 Model 3 vehicles, in line with the company's guidance and 15% more than its already notable figures in the third quarter. Tesla shares tumbled more than 8 per cent at the opening bell, to $304.69. Chief Executive Elon Musk is under intense pressure to deliver on his promise of stabilizing production for the company's mass market sedans, seen crucial to it easing a cash crunch and achieving long-term profitability.

Markets Rapid City Kmart to close their doors in 2019
Author: 0 Rapid City Kmart to close their doors in 2019

All locations included in the release will be closed by late March 2019, with liquidation sales beginning in as little as two weeks. The closings are part of the company's "processes to accelerate its strategic transformation and facilitate its financial restructuring".

Markets A Transformer Explosion Turned the New York City Skyline Blue
Author: 0 A Transformer Explosion Turned the New York City Skyline Blue

The NYPD also took to Twitter shortly after the incident to inform concerned citizens that the flashing blue lights were due to a transformer explosion . It's not everyday that the night sky is lit up with pulsing blue light , so naturally, the internet had a field day with this event. Power resumed later in the night, BuzzFeed News reports .

Markets Markets are full of angst as Wall Street returns from Christmas break
Author: 0 Markets are full of angst as Wall Street returns from Christmas break

Energy stocks gained the most as oil prices notched their biggest gain in more than two years. Concerns about the economic growth outlook, the U.S. ( NASDAQ: AMZN ) in percentage terms. US stocks rose modestly on Wednesday, boosted by technology shares and an Amazon-led jump in retailers, helping pull the S&P 500 from the brink of bear market territory following punishing few sessions.

Markets 'Christmas Miracle': US Stock Market Experiences Record Rally a Day After Fall
Author: 0 'Christmas Miracle': US Stock Market Experiences Record Rally a Day After Fall

The previous record point gain for the Dow was 936.42 on October 13, 2008, when markets were whipsawed nearly daily by developments in the financial crisis, which was then in full swing. The rally in NY fed through to Japan, where the Nikkei pulled out of bear market territory to turn 4% higher overnight. Inc ( AMZN .O) jumped 4.02 percent after reporting a "record-breaking" season.

Markets Wall Street swoons as government shutdown deadline looms
Author: 0 Wall Street swoons as government shutdown deadline looms

The S&P 500 index slumped 39.54 points, or 1.6 percent, to 2,467.42. The benchmark S&P 500 index is in what Wall Street calls a correction, and is headed toward a bear market, threatening to end the more than 9-year US bull market run. Relative to their size, they also tend to carry more debt than larger companies, which could be a problem in a slower economy with higher interest rates .

Markets Altria Buys 35 Percent Stake In E-Cigarette Maker Juul
Author: 0 Altria Buys 35 Percent Stake In E-Cigarette Maker Juul

MO, +1.00% rallied 1.5% in afternoon trade Wednesday, to bounce off the previous session's 3 1/2-year closing low, after The Wall Street Journal reported that the cigarette seller was near a deal to take a 35% stake in e-cigarette startup Juul Labs Inc.

Markets Google to 'shut down plans' for censored Chinese search engine
Author: 0 Google to 'shut down plans' for censored Chinese search engine

Dragonfly , the Google project to develop a search engine that would satisfy China's censorship requirements relies on pre-empting the appearance of search results that the Chinese authorities may find offensive. However, as one source told the publication, "the 265 data was integral to Dragonfly ". The Dragonfly efforts led to the resignation of several Google employees and prompted more than 700 to sign a letter to Pichai calling for it to be halted last month.

Markets President Putin says West trying to 'hold back' powerful Russian Federation
Author: 0 President Putin says West trying to 'hold back' powerful Russian Federation

Russian Federation said on Wednesday it would not let the United States inspect a new nuclear-capable cruise missile at the heart of a dispute between Washington and Moscow that risks unravelling a landmark arms control treaty. The UK is one of a number of Western countries that have enacted economic sanctions against Russia over its annexation of the Ukrainian territory of Crimea and the nerve agent attack on former Russian spy Sergei Skripal in southern England.

Markets YouTuber Builds Glitter Bomb Trap That Farts on Package Thieves
Author: 0 YouTuber Builds Glitter Bomb Trap That Farts on Package Thieves

The former NASA engineer-turned-YouTube star has received plaudits online after designing a booby trap to avenge all those who've fallen victim to a new wave of neighborhood crime: doorstep delivery theft. He made the decoy box appear to be an Apple HomePod but it was sent from Kevin McCallister from " Home Alone " (and even includes the address of the home that was used for the exteriors), The recipients were the Wet Bandits themselves Harry and Marv - Kevin's enemies.

Markets California farm linked to tainted romaine recalls cauliflower, lettuces
Author: 0 California farm linked to tainted romaine recalls cauliflower, lettuces

Officials believe filtered and treated water from the reservoir may have come in contact with the produce after it was harvested, but said none of the water has tested positive for E. "The condition can lead to serious kidney damage and even death". A previous version of this story mistakenly said that Health Canada issued the recall .

Markets Kotak positive on GAIL, ONGC after OPEC production cut decision
Author: 0 Kotak positive on GAIL, ONGC after OPEC production cut decision

Azerbaijan presented data on its daily oil production in November 2018 to the OPEC Joint Technical Committee as part of the Vienna Agreement, Trend reports citing the Azerbaijani Energy Ministry. Based on International Energy Agency's (IEA) forecast, Kotak estimates that incremental non-OPEC supply supported by rising production from the U.S.

Markets UK PM Theresa May ends tour without EU Brexit concessions
Author: 0 UK PM Theresa May ends tour without EU Brexit concessions

Had a majority voted against her, May would have been forced to resign as party leader and would have been expected to stand down as prime minister. May said before the vote that it was "now clear" the backstop needs to be temporary, and that she was confident she could still win approval in Parliament for her withdrawal plan with further assurances from the EU.

Markets Chinese embassy in Ottawa demands release of Huawei exec arrested in Vancouver
Author: 0 Chinese embassy in Ottawa demands release of Huawei exec arrested in Vancouver

Huawei said in a statement that Meng was arrested while changing planes in Canada and that she faced unspecified charges from the Eastern District of NY. Asia stocks slumped w/ US Futures as US-China trade tensions escalate once again after Canada arrested Huawei CFO for extradition to US AND US yield curve edged closer toward inversion.

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