Money

Grilled on Hill, Google chief Pichai denies firm censors conservatives

Grilled on Hill, Google chief Pichai denies firm censors conservatives One of the more notable exchanges saw Pichai explaining why typing the word " idiot " into the search engine produces pictures of Donald Trump , the little-known actor whose notable roles include a bit part in the video for "On Our Own" by Bobby Brown. [Full Article...]

Kotex tampons recalled in Canada after reports of ‘coming apart’ inside bodies

Kotex tampons recalled in Canada after reports of ‘coming apart’ inside bodies The company says that the defective tampons were manufactured between Oct. 7, 2016 and Oct. 16, 2018, and distributed between Oct. 17, 2016, and Oct. 23, 2018. The company urges any customers who have experienced any of these symptoms after using this particular product to seek immediate medical attention. [Full Article...]

China bans most iPhone sales after injunction granted

China bans most iPhone sales after injunction granted Qualcomm claims Apple is infringing patented technology that lets iPhone users adjust and reformat the size of photographs and to manage applications on a touchscreen. Meanwhile, European competition commissioner Margrethe Vestager told Reuters that the watchdog could investigate Apple Pay if it receives formal complaints. [Full Article...]

Hasmukh Adhia rumoured to be the next RBI governor

Hasmukh Adhia rumoured to be the next RBI governor Meanwhile, a day after RBI governor Patel's resignation, eminent economist and columnist Surjit Bhalla resigned as part-time member of Economic Advisory Council to the Prime Minister (EAC-PM). Sources in the government say the resignation is all the more surprising after the last board meeting, which was a cordial affair by all accounts, and a resolution was reached on two contentious issues. [Full Article...]

Carlos Ghosn: Former Nissan chair charged with financial misconduct

Carlos Ghosn: Former Nissan chair charged with financial misconduct After its indictment was announced, Nissan said it took the situation seriously. " Nissan has recently found several non-conformities that may have caused inaccurate pass/fail judgements during the inspection process", the company said in a statement, adding that it will "promptly" recall as many as 150,000 units in Japan . [Full Article...]

Marlboro has invested in the cultivation of cannabis

Marlboro has invested in the cultivation of cannabis Altria's stock has fallen almost 25% this year and the company is expected to report revenue growth of only about 1% this year and in 2019. Altria will pay another $1.4 billion for warrants that if exercised, would give the Altria a 55 percent ownership stake in the Toronto company. [Full Article...]

Hundreds detained in fourth week of Paris anti-government protests

Hundreds detained in fourth week of Paris anti-government protests Much of Paris looked like a ghost town on Saturday, with museums, department stores closed on what should have been a festive pre-Christmas shopping day. Protesters who travelled to Paris from Normandy described seeing officers block yellow-vested passengers from boarding at stops along their route. [Full Article...]

Donald Trump Demands 'REAL DEAL' with China Despite Shaken Stock Market

Donald Trump Demands 'REAL DEAL' with China Despite Shaken Stock Market Trump "shared his vision of all automakers producing in the United States and creating a more friendly business environment", the White House said in a statement . Greene said this might simply reflect China's communications strategy. Washington instead chose to see Beijing's argument that it already is making changes "in a more positive light". [Full Article...]

Huawei CFO arrested, faces extradition to U.S.

Huawei CFO arrested, faces extradition to U.S. Republican Senator Ben Sasse said Americans were "grateful" to Canadian authorities for arresting Meng. Both The Global And Mail and South China Morning Post previously reported that Meng had been arrested on suspicion of violating the US's trade sanctions on Iran . [Full Article...]

OPEC talks end without deal for cut in production, Russian Federation holds back

OPEC talks end without deal for cut in production, Russian Federation holds back Moscow has shown willingness to cooperate with OPEC to cut oil production. The price of crude has fallen nearly a third since October but Trump has demanded OPEC make oil even cheaper by refraining from output cuts. The power of OPEC has been diminished, undercutting one of the major geopolitical forces of the last half century. "Markets.believe the production cut deal will be in range of 1-... [Full Article...]

China vows quick trade deal as Trump sends mixed signals

China vows quick trade deal as Trump sends mixed signals The two sides have given themselves 90 days to negotiate "structural changes" in the way China handles technology transfer, intellectual-property protection, cyber-theft and other issues. China's Foreign Ministry, the only government department that holds a daily briefing foreign media can attend, has repeatedly referred questions on details to the Commerce Ministry, which has yet to say anythin... [Full Article...]

Stocks jump after USA and China cool trade tensions

Stocks jump after USA and China cool trade tensions Yet solving Washington's problems, such as intellectual property violations, cyber theft and Beijing's state-backed economic model , will take patience and diplomacy. Resolving the tariff war between the USA and China is seen as crucial for American agriculture, particularly soybeans, America's largest export to China, which accounted for $12.4 billion in sales a year ago. [Full Article...]

No new bid for NXP Semiconductors: Qualcomm Inc

No new bid for NXP Semiconductors: Qualcomm Inc Xi told Trump "he is open to approving the previously unapproved Qualcomm-NXP deal should it again be presented to him", White House Spokeswoman Sarah Huckabee Sanders said in the statement . However, the Chinese regulators insisted that antitrust issues remained, hence their refusal to give the green light - they denied the episode had anything to do with the trade war. [Full Article...]

Donald Trump Warns China: 'I Am a Tariff Man'

Donald Trump Warns China: 'I Am a Tariff Man' Chinese officials discussed the possibility of lowering tariffs on US vehicle imports before Xi met Trump in Argentina, according to a person familiar with the situation who asked not to be identified. Trump agreed he will leave the tariffs on $200 billion worth of Chinese products at 10 percent, and not raise it to 25 percent as he has threatened to do January 1, according to a White House statem... [Full Article...]

NAFTA Replacement USMCA Signed at G20

NAFTA Replacement USMCA Signed at G20 On the plane ride back from the G20 summit, President Donald Trump said he would withdraw from NAFTA , the North American Free Trade Agreement, which still governs business among Mexico, the us and Canada despite the countries signing the USMCA deal at the summit, the New York Times reports. [Full Article...]

Fed officials express caution about pace of future hikes

Fed officials express caution about pace of future hikes On Tuesday, Trump tweeted that he was "not even a little bit happy" with Powell. In the meantime, the stock market is breathing easier, now that the Fed doesn't have as far to go on its rate-raising program as earlier feared. The fed fund futures contract expiring in January 2020, a heavily traded contract that reflects market expectations for where rates will be at the end of 2019, rallied shar... [Full Article...]

This week in Trumponomics: An ugly collision with General Motors

This week in Trumponomics: An ugly collision with General Motors Most importantly he said he wanted to stop the job loss the region has seen. After President Trump's public displeasure of the move and other politicians upset, General Motors released a statement touting its track record and accomplishments in the United States . [Full Article...]

Jamal Khashoggi murder: Saudi prince says Central Intelligence Agency can not be trusted

Jamal Khashoggi murder: Saudi prince says Central Intelligence Agency can not be trusted Bob Menendez are working on to sanction the Crown Prince. Dozens of Tunisian rights activists and journalists staged a small protest in the capital Tunis on Monday against Prince Mohammed's planned visit over the Khashoggi killing. [Full Article...]

Trump threatens to cut GM's electric car subsidies because of plant closures

Trump threatens to cut GM's electric car subsidies because of plant closures Trump was particularly frustrated with the prospects of a possible closure of a GM plant in OH, according to a transcript of the interview. The automaker said it was ending Chevrolet Volt production because the vehicle was meant to be a bridge to fully electric cars when it was introduced about a decade ago. [Full Article...]

Donald Trump on Dire Government Climate Report: 'I Don't Believe It'

Donald Trump on Dire Government Climate Report: 'I Don't Believe It' President Donald Trump at the White House on November 20. Some fear that the ACE Rule will replace the Obama era Clean Power Plan (CPP) which was supposed to address the problems related to climate change . Unfortunately, Trump's willingness to ignore the conclusions of experts because it doesn't jibe with what he wants the truth to be isn't isolated to just the climate. [Full Article...]


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