Money

Oil drops 1.6%, settling at $72.94, after rise in United States crude stockpiles

Oil drops 1.6%, settling at $72.94, after rise in United States crude stockpiles NAB said its oil price forecasts "point to Brent spending the next few months largely in the mid-to-high $70s (per barrel) range, although meaningful OPEC-Russia output increases could push prices lower later in the year and higher United States shale production should impose an upside limit on WTI". [Full Article...]

Trump's Trade War Officially Begins - Hit & Run

Trump's Trade War Officially Begins - Hit & Run The trade war may have just started, but China has already been making moves in the soybean world as USA shipments originally destined for the nation have been canceled or rerouted. American officials worry USA industrial leadership will be eroded by Chinese plans to create tech champions in fields including robotics, biotech and artificial intelligence. [Full Article...]

China court bans Micron chip sales in patent case: Taiwan's UMC

China court bans Micron chip sales in patent case: Taiwan's UMC UMC had filed patent infringement lawsuit against Micron in the mainland China courts in January 2018. The ruling, which hit shares of Idaho-based Micron and other USA chipmakers on Tuesday, comes amid an escalating trade spat between Washington and Beijing over tariffs. [Full Article...]

Mexican Bishops Call for Collaboration With Country's New President

Mexican Bishops Call for Collaboration With Country's New President We are always going to seek for there to be an agreement. Trump has been highly critical of Mexico's control of its border. Mexico has elected a new president - Andres Manuel Lopez Obrador or AMLO for short. Lopez Obrador has promised to stop corruption in Mexico's government. "But it has to be made clear that he has to deliver what he promises and not become like the rest", he said. [Full Article...]

Trump blasts OPEC over manipulating oil markets

The quick drop after WTI reached US$75 might have been due to "a bout of long liquidation in front of the holiday", said Bill O'Grady, chief market strategist at Confluence Investment Management in St. Crude oil prices rose on Tuesday with the US benchmark hitting a four-year high on expected drains in domestic inventories and outages in Libya. Looming U.S. [Full Article...]

United States plan to end Iranian oil exports 'a fantasy' - Rouhani

United States plan to end Iranian oil exports 'a fantasy' - Rouhani The arrests came as Iranian President Hassan Rouhani embarked on a tour of Europe. He did not elaborate, and his comments could be open to interpretation. Japanese officials said last week, after US diplomats pressed the country to cut back its purchases, that they were still deliberating. "China is always opposed to unilateral sanctions and long-arm jurisdiction", Foreign Ministry spokesman L... [Full Article...]

Merkel Faces Showdown in Germany Over Migrant Policy

Merkel Faces Showdown in Germany Over Migrant Policy German Chancellor Angela Merkel's ruling coalition was facing an uncertain future, as her hardline conservative interior minister Sunday offered his resignation after weeks of battling to change her mind on migrant policy. Migrants would be held in new detention centres, with those found to have first-entered the European Union in, for instance, Italy, turned back "on the basis of an agreement wit... [Full Article...]

Elon Musk Tweets About Forthcoming Tesla Pickup Truck

Elon Musk Tweets About Forthcoming Tesla Pickup Truck If we are to solve the great challenges of the twenty-first century - whether overpopulation, democratic disruption, new antibiotic-resistant diseases, or shortages of resources - it will be thanks to innovators like Musk, who think not just outside the box, but in an entirely different box-free universe. [Full Article...]

Amazon wants you to start a business to deliver its packages

Amazon wants you to start a business to deliver its packages Amazon said in a release that owners of these delivery businesses have the potential to earn as much as $300,000 in annual profit operating a fleet of up to 40 delivery vehicles. Clark said that the new program will supplement Amazon's existing shipping setups, and that all its usual relationships with partners, including the USPS, will remain intact. [Full Article...]

Amazon Makes Big Foray Into Health Care With PillPack Purchase

Amazon Makes Big Foray Into Health Care With PillPack Purchase The fund participated in an early investment round that raised $8.8 million for the startup, which streamlines the prescription drug delivery process for people that require multiple daily medications and ships to all 50 states. And what's notable about this particular case is the outsized degree of the market cap erased, relative to the price Amazon paid for PillPack . This is the latest of ... [Full Article...]

Bali flights cancelled, thousands affected after Mount Agung erupts again

Bali flights cancelled, thousands affected after Mount Agung erupts again It's far from the first time Agung has interrupted travel plans for WA holiday-makers, with a November eruption past year causing chaos to flight schedules. Tourists on the island were subjected to hours of travel misery as hundreds of flights were grounded and Bali's worldwide airport was temporarily shut. [Full Article...]

FACT CHECK: Did Harley Davidson's CEO Call President Trump 'a Moron'?

FACT CHECK: Did Harley Davidson's CEO Call President Trump 'a Moron'? He added: "The Aura will be gone and they will be taxed like never before!" The EU's tariffs on motorcycles were put in place as a response to Trump's steel and aluminum tariffs. Harley-Davidson has denied a link between Kansas City and Thailand. On Monday, Trump said Harley waves "the White Flag" in the tariff fight - then continued to blast the firm on Tuesday . [Full Article...]

Harley-Davidson to make motorcycles in Europe to avoid trade-war tariffs

Harley-Davidson to make motorcycles in Europe to avoid trade-war tariffs But Trump appears to believe Harley-Davidson will manufacture products for the US market overseas, which it so far has not indicated it plans to do with this move. Harley-Davidson has denied a link between Kansas City and Thailand. Holtz-Eakin said those tariffs hurt steel-using manufacturers - which employ many times more people than steelmakers do - hurt the economy generally and ultimatel... [Full Article...]

Trump rips Harley-Davidson as company eyes overseas growth

Trump rips Harley-Davidson as company eyes overseas growth The company said it expects the tariffs will result in an increased cost of about $2,200 per average motorcycle exported from the U.S.to Europe. Harley-Davidson's reveal was followed by deep slides on Wall Street: Harley shares dropped almost 6 percent, while the Dow Jones industrial average plummeted. [Full Article...]

Harley-Davidson moving USA production over European Union tariffs

Harley-Davidson moving USA production over European Union tariffs Ramping up output in global plants for the European Union may take at least nine to 18 months, according to the company. Production of Harley-Davidson motorcycles sold in Europe will move from US factories to facilities overseas, the Milwaukee-based company announced Monday, a effect of the retaliatory tariffs the European Union is imposing on American exports in an escalating trade war ... [Full Article...]

Erdoğan Declares Victory in Election That Could Consolidate His Power

Erdoğan Declares Victory in Election That Could Consolidate His Power Speaking early Monday, Supreme Election Council head Sadi Guven said 97.7 percent of votes had been counted and declared Erdogan the victor, according to the Associated Press. Erdogan supporters celebrate outside his official residence in Istanbul on Sunday. Meanwhile, the People's Alliance between the ruling Justice and Development Party (AK Party) and the Nationalist Movement Party (MHP) w... [Full Article...]

Retailers' Careful Strategy to Overturn Sales-Tax Precedent

Retailers' Careful Strategy to Overturn Sales-Tax Precedent The biggest beneficiary of the ruling would be the states. But others have resisted, making Thursday's decision significant. "Sales tax doesn't make that big of a difference". Carl Davis, research director for the Institute on Taxation and Economic Policy, a non-partisan think tank, told Business Insider the Trump Store's sales tax collection policy is "a textbook example of the problem that... [Full Article...]

Oil falls as OPEC nears deal to raise production

Oil falls as OPEC nears deal to raise production Support for the increase, which had been proposed by Saudi Arabia against objections from Iran, was unanimous, he said. "I don't think we can reach agreement" on the proposal, Zanganeh said as he left the meeting. Ecuador said OPEC and its allies could agree to a compromise increase in output of around 0.5-0.6 million bpd. "There is a lot more at stake than just ticking a box and say: 'we go... [Full Article...]

Get ready for more sales taxes on online purchases

While retailers were not required to collect sales tax , that tax was technically still owed. Quill Corporation v North Dakota decided that a company could not be charged state sales tax in a state that it did not have a physical presence . [Full Article...]

IN officials react to Supreme Court's online sales tax decision

IN officials react to Supreme Court's online sales tax decision The decision is seen as a blow to New Hampshire businesses, which contend that collecting a sales tax on behalf of other states is burdensome. Sales tax is pretty interesting in the United States as it's done on a state-by-state basis. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41  Next »