Economy


Ford Recalling 1.3 Million Pickups Over Door Issue Ford Recalling 1.3 Million Pickups Over Door Issue
- October 19, 2017

The majority of the trucks are in the United States, but some are located in Canada and Mexico as well. The company said it is not aware of any accidents or injuries related to the issue. Following the typical pattern for recalls, notices will be sent out to owners, who will then be able to go to Ford dealerships to have the problem fixed. (more...)
Two officers who dragged passenger off United flight fired Two officers who dragged passenger off United flight fired
- October 19, 2017

Video of the incident , which shows the 69-year-old being dragged off the flight by security officers as passengers looked on horrified, went viral and made worldwide headlines. The Aviation Department said a review of its policies and procedures was ongoing and would be completed by the first quarter of 2018, The Chicago Tribune reported. (more...)
The cost of being president: Forbes 400 shows Donald Trump's wealth drops
- October 18, 2017

Microsoft co-founder Bill Gates led the new Forbes 400 ranking for the 24th year in a row, with an estimated net worth of $US89 billion. Forbes said it calculated Trump's net worth "after months of digging through financial disclosures and public property records and conducting dozens of interviews". (more...)
Things to Watch in Wells Fargo's Results Things to Watch in Wells Fargo's Results
- October 15, 2017

Shares of Wells Fargo & ( NYSE:WFC ) traded down 2.75% during midday trading on Monday, reaching $53.69. About 35.31M shares traded or 102.81% up from the average. The firm earned "Buy" rating on Wednesday, August 30 by RBC Capital Markets. State Of Tennessee Treasury Department has invested 0.87% in Wells Fargo & Co (NYSE: WFC ). (more...)
If women enter Sabarimala, it will become Thailand: TDB chief If women enter Sabarimala, it will become Thailand: TDB chief
- October 15, 2017

The bench also framed a question whether Rule 3 of Kerala Hindu Places of Public Worship (Authorisation of Entry) Rules permits religious denomination to ban entry of women between the age of 10 to 50 years. The earlier UDF government's affidavit before the Supreme Court had supported the temple's tradition that the deity's form is that of a Naisthak Bramhachari who observes celibacy and therefore, young women should not worship in the temple. (more...)
Samsung CEO steps down Samsung CEO steps down
- October 14, 2017

Mr Choi Gee Sung, Lee's mentor, quit earlier this year for his alleged role in the bribery scandal, and Samsung Electronics now needs to fill several more key roles with Mr Kwon's exit. "Nobody wants to be the chief of Samsung at a time like this; it's too risky", said Park. Kwon's departure from Samsung makes way for a new management that can finish the company's delayed reshuffle of its top executives. (more...)
Would you board Flight 666 to HEL on Friday the 13th? Would you board Flight 666 to HEL on Friday the 13th?
- October 14, 2017

What's more, the flight departed 20 minutes after the 13 hour of the day, but today's flight will be the last of 21 times FinnAir has flown the route on Friday 13 since 2006. The Number of the Beast is a term in the Book of Revelations, of the New Testament, that is associated with the Beast of Revelation in, get this, chapter 13. (more...)
OPEC Chief Urges US Shale To Curb Oil Output OPEC Chief Urges US Shale To Curb Oil Output
- October 12, 2017

U.S. West Texas Intermediate (WTI) crude futures were trading at $49.65 per barrel at 0327 GMT, up 7 cents, or 0.14 percent, from their last close. OPEC is courting U.S. Last month, it expected a 590,000 bpd year-over-year increase to 9.84 million bpd. Later on Wednesday, the American Petroleum Institute will release weekly U.S. (more...)
Cook County Puts the Kibosh On the Beverage Tax Cook County Puts the Kibosh On the Beverage Tax
- October 12, 2017

The tax prompted lawsuits, a warning from a federal agency that IL could lose millions in funding for food stamp benefits and complaints of plummeting sales from store owners. For instance, he said, a sweet bottled drink would be taxed while a similar beverage from a barista would be exempt. "It means we will have a $200 million hole in our budget and we're really challenged in terms of delivering health care services, and our criminal justice reforms", Preckwinkle said in an interview with ... (more...)
Tesla CEO shares shots of robots working on Model 3 production line Tesla CEO shares shots of robots working on Model 3 production line
- October 11, 2017

Within this pact, however, is shared understanding: Yes, we aren't going to make our goals - but we also aren't going to lose focus on the big picture, which isn't to sell more cars, but to save the planet. The Instagram video showed the Model 3 body line slowed to 1/10th speed. Welded bodies arrive on the line from a separate location and are then completed: wheels, drivetrains, dashboards, and various other systems are installed, almost entirely by hand, and the pace isn't torrid. (more...)
Southgate urges England to win over fans Southgate urges England to win over fans
- October 08, 2017

In an England shirt, surrounded by players of similar mediocrity, their limitations become all too apparent. The Tottenham striker, named England captain for the night, was one of the few players to emerge with any credit as he continued his hot streak. (more...)
US Supreme Court divided over key employment dispute US Supreme Court divided over key employment dispute
- October 06, 2017

Following the 2010 Census , the Wisconsin Legislature - controlled by Republicans - drew new district lines as required by the Constitution. If district lines can be redrawn so that one political party always has a distinct advantage, no matter what the numbers and affiliations of overall voters in a state, the most fundamental element of a democracy - the vote - will lose much of its meaning. (more...)
Solar power globally rising; is the fastest growing power source for 2016 Solar power globally rising; is the fastest growing power source for 2016
- October 06, 2017

China remains the "undisputed leader of renewable electricity capacity expansion", Paris-based International Energy Agency (IEA ) said Wednesday. A previous report from the IEA estimated the cost of utility-scale solar power projects has declined by about 60 percent since 2011 and could drop another 25 percent by 2021. (more...)
Ford plans $14B in cost cuts as part of new CEO's strategy Ford plans $14B in cost cuts as part of new CEO's strategy
- October 05, 2017

Overall, financial analysts suggested that Hackett's lack of details on future products might delay reactions by Wall Street to Ford's plans, which were intended in part to boost its lagging stock price and market value. Ford reiterated its long-term goal remains an 8% automotive operating margin, adding it will embrace the "profound technological changes" and new competition "buffeting the industry". (more...)
Marilyn Manson's Team Has Released A Statement On His Condition Marilyn Manson's Team Has Released A Statement On His Condition
- October 04, 2017

According to the Rave's Website the show is now canceled. The affected shows include gigs in Boston, Massachusetts; Chicago, Illinois; Toronto, Canada; and Houston, Texas, with Manson expected to resume the trek in Grand Prairie, Texas on October 15. (more...)
Canadian manufacturing growth improves in September Canadian manufacturing growth improves in September
- October 03, 2017

Financial information firm IHS Markit Ltd. said its purchasing managers index for the manufacturing industry, fell to 55.9 in September from the revised reading of 56.7 a month earlier. Suppliers' delivery times continued to lengthen, albeit to the least extent in the current eight-month sequence of longer lead times. Planned overseas expansion is contributing to a positive outlook for the sector, as manufacturers look to increase their global client bases, expand into new territories and ... (more...)
Ukip elects Henry Bolton as the party's new leader Ukip elects Henry Bolton as the party's new leader
- October 03, 2017

Meanwhile Mr Hamilton insisted that UKIP still had a goal following the referendum vote for Brexit and the collapse in its vote at the general election in June. He promised to reorganise the party to increase its effectiveness and said he wanted to project UKIP "firmly and decisively into British politics for the good of the nation". (more...)
Palestinian gunman kills three Israelis in West Bank Palestinian gunman kills three Israelis in West Bank
- October 01, 2017

State Department officials were quick to insist that U.S. policy is that the settlements are not part of Israel and that this has not changed. US President Donald Trump is seeking to restart frozen peace negotiations between Israel and the Palestinians. (more...)
Japanese Prime Minister Abe calls for early elections Japanese Prime Minister Abe calls for early elections
- September 27, 2017

While highlighting his government's resolve to protect the people's lives and properties, he said, " North Korea's threats should never influence the election, which is the point of origin for democracy". Japanese Prime Minister Shinzo Abe has repeatedly shown a willingness to take calculated risks to advance his goals . The premier said he would make use of revenues from a planned increase in the nation's consumption tax in October 2019 to 10 percent from 8 percent now. (more...)
Unilever buys Carver Korea for US$2.7 bn to strengthen Asia foothold Unilever buys Carver Korea for US$2.7 bn to strengthen Asia foothold
- September 27, 2017

Unilever also revealed it meant to look at changing its historic status as a dual-listed company in two countries and could offload more of its food brands. Unilever made its formal move on Carver Korea yesterday for a business that was founded back in 1999 and which has shown impressive growth over the last five years, delivering sales of €321m ($379m) and EBITDA of €137m ($162m) in 2016. (more...)