Money

by | July 31, 2018 | 03:14

McDonald's iconic Big Mac turns 50 today and to mark the occasion, the company has unveiled the "Mac Coin". Starting at the lunch rush on Thursday, customers can receive a MacCoin with the purchase of a Big Mac at 14,000 participating restaurants across the United States, McDonald's announced Sunday.

by | July 31, 2018 | 02:37

The Sunday Telegraph leads on Brexit, reporting that the Prime Minister has been warned by her own constituency chairman that she must not concede any more ground to the EU. Among those who voted Remain in 2016, 87 percent had not changed their view, while of those who voted Leave, 82 percent stuck with their choice. Furious Footy Brexiteers responded to the star with their opinions calling him a "disgrace" and said he should "stick to football".

by | July 31, 2018 | 02:38

Harley-Davidson said on Monday it would cut costs, launch new models - including smaller light-weight motorcycles - and revamp its dealer network in a plan to revive flagging sales in the face of rising global tariffs. This new product and broader distribution are meant to fuel Harley-Davidson's customer access and growth in India, one of the largest, fastest growing markets in the world, and other Asia markets.

by | July 30, 2018 | 23:34

Completion of the transaction is subject to a number of non-U.S. merger and other regulatory reviews, and other customary closing conditions. According to disney , 99% of the shareholders voted yes. As a result of the Fox acquisition, Disney will have a controlling stake in Hulu , with Comcast's NBCUniversal and AT&T's Warner Media splitting the rest.

by | July 30, 2018 | 22:40

With a Tesla logo on the top and bottom of its carbon fibre body, the surfboard was created by the company's design studio in collaboration with Lost Surfboards and Matt "Mayhem" Biolos, surfboard shaper for World Surf League Championship athletes.

by | July 30, 2018 | 19:40

Trump and the European Commission President Jean-Claude Juncker on Wednesday agreed to avoid an all-out trade war. "The tariffs affect companies in two ways", said Larry Harris, professor of finance at USC's Marshall School of Business. allies, arguing that the $12 billion bailout for farmers is a warning that those actions are hurting the United States agriculture industry. US President Donald Trump on Thursday visited IL and Iowa, the nation's leading soybean-producing states.

by | July 30, 2018 | 14:58

One passenger on the flight, Brooklyn, New York, resident Darren Dtoys Sewdass posted pictures of the evacuation on Facebook showing passengers from the flight outside the airplane. Spirit Airlines said the source of the smell is under investigation. "A handful of guests were checked out by medical professionals and have since been cleared to continue their journey", the carrier added in a statement.

by | July 30, 2018 | 09:00

Facebook shares plunged by 19 percent on Thursday, wiping off about 120 billion dollars off its market capitalization. As a result, at least 16 brokerages slashed their Facebook stock prices. The shares closed up 0.5 per cent. Amazon.com was up 2.3% following its own results after the bell on Thursday. Out of 47 analysts covering Facebook, 43 still mark Facebook's stock as "buy", while two say "hold" and two others say "sell".

by | July 29, 2018 | 22:14

Rep. Andy Barr of Kentucky says he told the White House advisers that Wednesday's announcement "was a positive sign and we appreciate the administration lowering the temperature with the European Union ". In some ways, it was a victory on a self-inflicted problem . Restrictions on the USA farmers' largest export market have caused sales and prices to drop, as China reached out to Brazil and Argentina to replace United States soybean imports.

by | July 29, 2018 | 15:44

It is noted that experts have confirmed the move to the Japanese titles to the oldest woman and oldest man shortly before her death. The oldest man in the world is now Japanese too, Masato Nonaka, who recently turned 113 years. Guinness keeps track of the world's oldest people, although there are some disputes over whether the titles are always given to the right people. The Post reports Nonaka may not actually be the oldest, as Fredie Blom of South Africa is believed to have celebrated ...

by | July 29, 2018 | 10:55

Facebook hasn't commented on the matter as yet and neither have the Zhejiang provincial government or the Cyberspace Administration of China. Facebook's social network has been blocked in China since 2009, leading the Menlo Park, California-based company to pursue other initiatives to gain a foothold.

by | July 29, 2018 | 10:55

Trade Representative Robert Lighthizer and President Donald Trump's son-in-law and senior adviser, Jared Kushner . Mexican representatives - including Jesus Seade, Mexican president-elect Andrés Manuel López Obrador's (AMLO) designated lead negotiator - traveled to Washington D.C .

by | July 28, 2018 | 19:33

The huge loss in Facebook's value weighed on broad market indexes. The Dow Jones Industrial Average , whose 30 members don't include Facebook, had a much better day, rising 112.97 points, or 0.4 percent, to 25,527.07. McDonald's Corp (MCD.N) shares dipped 1.7 percent after the fast-food chain missed USA same-store sales estimates for the first time in at least two years.

by | July 28, 2018 | 13:41

Lawmakers have urged the White House to reveal what was discussed during the more than two-hour-long meeting between Trump and Putin. Trump has said he wants to improve ties between the two nuclear powers, whose relations have dipped to a post-Cold War low in recent years.

by | July 28, 2018 | 11:35

The leaders pledged to expand European imports of USA liquefied natural gas and soybeans and both vowed to lower industrial tariffs , excluding autos. Ahead of that North Atlantic Treaty Organisation meeting, Trump called the European Union a "foe" of the United States for "what they do to us in trade" - a statement refuted by European Council President Donald Tusk as "fake news".

by | July 28, 2018 | 10:09

Mr. Trump , who reached a truce this week with the European Union in a trade war, also noted that the US trade deficit fell by $52 billion in the second quarter. And in 2015, full-year economic growth almost reached the 3 per cent level being targeted by the Trump administration this year when it hit 2.9 per cent.

by | July 28, 2018 | 05:14

Even with the stock selloff, Facebook remains massively profitable and has a growth profile traditional media companies would kill for. Shares of Facebook plunged 19% in trading Thursday, as investors reacted to signs that the social-media giant's user and revenue growth are significantly slowing down.

by | July 28, 2018 | 04:40

Global revenue grew 44 percent in the quarter from a year earlier while sales in the USA, the company's largest market, increased 10 percent. Twitter said its number of monthly users fell in the second quarter , and will likely continue to drop as it shuts down fake accounts, sending the company's stock tumbling 16% in early morning trading.

by | July 28, 2018 | 01:18

The two leaders then met on the sidelines of the Shanghai Cooperation Organisation Summit in Qingdao, China, in June. The BRICS group comprises more than 40 per cent of the global population. Uganda was invited as part of the "Africa outreach segment" alongside Togo, Namibia, Rwanda, Senegal, Gabon, Angola and Ethiopia. Prime Minister Narendra Modi had a "very productive" meeting with Chinese President Xi Jinping today during which he emphasised the need to maintain the ...

by | July 27, 2018 | 22:56

We'll stream it live on FOX 2 News now on our Facebook page . "It's only going to get better", the president said Thursday during a trip to Iowa and IL. Government spending grew solidly, boosted by defense outlays. The result was boosted by a budget deal at the beginning of this year that added billions to American defence and domestic spending.

by | July 27, 2018 | 21:28

Putin also said he is "ready to come to Washington" to visit with Trump if the conditions are right. Putin made the comments Friday at a news conference at the summit of leaders of the of BRICs countries in Johannesburg, South Africa. In one remark, he suggested that he trusted Putin more than his own top intelligence offer regarding evidence of Russian meddling in the USA 2016 elections.

by | July 27, 2018 | 19:35

Schnatter's lawyers said they wanted to inspect company documents "because of the unexplained and heavy-handed way in which the company has treated him since the publication of a story that falsely accused him of using a racial slur ". Papa John's is railroading him out of the Louisville, Ky. -based company and may have been trying to do so since last November, the complaint alleges, alluding to his National Football League players protest comments.

by | July 27, 2018 | 19:13

Just this week, the Winklevoss twins application for Bitcoin ETF was rejected by SEC , in a vote of 3:1, citing reasons of protecting investors, manipulation and fraud for factors behind the unsuccessful application. The price of Bitcoin was at $8,133.14 as of 5:30 p.m. ET-up over 30% since the end of July. An official dissent to the ruling has even been registered - effectively arguing that Bitcoin is being unfairly singled out for over-regulation.

by | July 27, 2018 | 18:29

The would prioritise "to work together towards zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods", a statement said. Farmers in Iowa alone could lose as much as $624 million on soybean shipments to China, Donnelle Eller, an agriculture reporter with the Des Moines Register, told CBSN last month.

by | July 27, 2018 | 10:00

In a Facebook post Officer Carlson said the man, who he named as Phil, had told him he had been promised a job at the McDonald's next door if he turned up for work clean shaven. #MustSee #MorePureAwesomeness We thought the picture was awesome, well here's THE VIDEO of Officer Carlson helping one. But, it was also explained that before he could start working, he'd have to shave his beard.

by | July 27, 2018 | 09:59

At the current after hours prices and given its market cap at the close Wednesday, Facebook is poised to lose more than $123 billion in market value. Although Facebook shares were in a slump after the Cambridge Analytica scandal broke earlier this year, the stock had risen sharply and hit record levels this month.

by | July 27, 2018 | 09:57

Trump said, as he stood next to European Commission President Jean-Claude Juncker. "We just want it to be a level playing field for our farmers, for our manufacturers, for everybody", Trump said, suggesting the European Union could also be a "big beneficiary" of a revised trading agreement.

by | July 27, 2018 | 06:03

Facebook set up a Chinese subsidiary , Facebook Technology (Hang Zhou) Ltd., earlier this month, according to a filing with the National Enterprise Credit Information Publicity System. Oculus, Facebook's virtual reality company, has a Shanghai office, and the company is interested in China for its growing hardware ambitions. In 2015, China revamped its internet filter to make it more hard for users to work around the ban.

by | July 27, 2018 | 06:00

International Trade Commission concluded the Canadian products don't significantly harm American manufacturers. Mexico is moving ahead in its efforts to integrate with the economies of South America and make itself less dependent on the US, which bought 72 percent of the nation's exports a year ago, according to data from the International Monetary Fund.

by | July 26, 2018 | 22:31

Saudi Arabia intervened in Yemen in 2015 at the head of a military coalition backing the country's government after Huthi rebels ousted it from the capital Sanaa the previous year. Two very large crude carriers, which can each carry 2 million barrels of oil, operated by the Saudi National Shipping Company "were attacked by terrorist Houthi militia this morning in the Red Sea".

by | July 26, 2018 | 19:24

The two leaders faced off over escalating dispute over tariffs and trade barriers that block US goods. In addition, the European Union has made a commitment to buy United States soybeans and natural gas. "We have identified a number of areas on which to work together, work towards zero tariffs on industrial goods". "So Juncker did not come to Washington empty-handed".

by | July 26, 2018 | 15:40

The yield on Europe's benchmark bond, the German 10-year Bund, hit a one-month high of 0.39 per cent while US 10-year Treasury yields also hit their highest in a month at 2.90 per cent. The report of the BOJ's deliberations has heightened expectations the central bank would end some of its aggressively accommodative monetary policy, which lifted the 10-year yield as much as six basis points to 0.090 percent JP10YTN=JBTC , a level not seen since early February.

by | July 26, 2018 | 15:26

Trump has placed tariffs on imported steel and aluminum, saying they pose a threat to US national security, an argument that allies such as the European Union and Canada reject. German Economy Minister Peter Altmaier hailed the deal as a breakthrough, saying the measures agreed by Trump and Juncker could help avoid a trade war and save millions of jobs .

by | July 26, 2018 | 14:08

It is typical of Foxconn to ramp up hiring for workers before a few months ahead of a new iPhone launch. The phone is expected to feature the same design and specs as the 5.8-inch iPhone Apple will debut in September, but it will have a bigger 6.5-inch OLED screen and will be priced $100 higher than the smaller model.

by | July 26, 2018 | 09:39

The Iranian official further said that the Iranian government has asked the ICJ for urgent action against unlawful return of U.S. sanctions , especially in the areas of health, medicine as well as air safety, and to order the United States to provisionally lift the sanctions and stop reinstating anymore sanctions while the trial is going on.