Business

Louise Linton, Treasury Secretary Steven Mnuchin's Wife, Apologizes For Instagram Rant

The organization thinks the travel may have been used as cover for Mnuchin and his wife to watch the solar eclipse. A watchdog group is already demanding the government turn over documents for the trip, after Mnuchin's wife, Scottish actress Louise Linton , went on an online tirade against a reader who slammed her promotion of top designer brands on a photograph she posted .

Apple to build Iowa data center, get $207.8 million in incentives

The Statehouse event came a few hours after state and local officials had approved incentives to help land the project after a 20-month search process. Foxconn is a major Apple supplier, but is not expected to make any Apple products at its proposed US plant. She defended the state's investments, telling reporters "these are credits, it's not a check" to attract a company willing to investment $1.4 billion in the first phase of a project that will boost Iowa's economy for the future.

U.S. dollar declines amid political uncertainty

Adding to investor concerns was news that a van had slammed into crowds in the Spanish city of Barcelona, killing 13 people, according to media reports, in an attack police were treating as terrorism. Amid the political fallout, rumors swirled that National Economic Council Chair Gary Cohn was considering stepping down after the president's statements on Charlottesville .

Easyjet part of talks for Air Berlin assets

The company said in a statement to the Frankfurt Stock Exchange that it had had no option after Etihad refused to offer any further financial support. That will allow the airline, Germany's second largest, to continue flying while it works out a possible sale of its assets. EasyJet declined to comment.

Gates listed for charity $4.6 billion

As a effect, Bill Gates' share in Microsoft now stands at just around 1.3% of the company he co-founded with Paul Allen. Spokesmen for Microsoft and Gates didn't immediately respond to requests for comment. The June gift represents 38pc of his holdings in the company and is the latest in a long line of Microsoft share disposals that have whittled his stake down from 24pc in 1996 to 1.3pc today.

Chicago to sue feds over funding threats to sanctuary cities

Emanuel acknowledged that the Byrne Grant - which the city has used to purchased police vehicles, radios and stun guns - amounts for a tiny fraction of the city's $8.2 billion 2017 budget. "Our job is to investigate crime, our job is not to investigate immigration status or documentation", Johnson said. "Removing those resources, regardless of the reason, makes CPD's mission to protect all residents in Chicago that much more hard".

Martin Shkrelis turn up in same courtroom, with same judge

That increase sparked outrage from USA lawmakers and patients - and earned Mr. Shkreli the nickname " Pharma bro ". Prosecutors had a different take. Shkreli was dressed in a short-sleeve polo shirt and shook his head in apparent disbelief when the first guilty verdict was read.

Australia's central bank keeps rate steady

Chris Schade, senior business analyst at non-major lender MyState, said that below trend economic performance and a high Australian dollar meant the current interest rate setting remained appropriate. In its July statement it said that "indicators of the labour market remain mixed" with forward-looking indicators pointing to "continued growth in employment over the period ahead".

Australia ramps up airport security after alleged plane bomb plot

The Australia Federal Police said in a statement that four men were arrested in the operation. Australian Federal Police Commissioner Andrew Colvin said the men arrested were allegedly linked to an Islamist-inspired plan to detonate an improvised explosive device.

Foxconn to pay almost $1 billion in wages and benefits

The United States has added 70,000 manufacturing jobs since November, bringing the total to almost 12.4 million, but has not added any net factory jobs in the last two months, according to the Bureau of Labour Statistics. Foxconn and Rockwell Automation are collaborating to implement Connected Enterprise and Industrial Internet of Things (IIoT ) concepts for smart manufacturing in Foxconn's new USA facilities.

Perennial Runner-Up Lyft Joins Race to Develop Self-Driving Cars

It's opening a new facility in Palo Alto, California to house its team and expects several hundred people to work there by the end of 2018. The so-called Open Platform, which Lyft announced in June, could feature vehicles from other partners as well, such as GM and Jaguar Land Rover, which entered into a deal with Lyft last month.

Rare form of mad cow disease found in Alabama

First of all, don't panic: Even though BSE can be fatal to humans that eat tainted meat, this animal never entered slaughter channels and at no time presented a risk to the food supply, or to human health in the USA, the USDA says. Of the four previous US cases, the first was a case of classical BSE imported from Canada; the rest have been atypical (H- or L-type) BSE. It exists in classical and atypical types.

Gary Lineker And Alan Shearer Amongst BBC's Top Earners

The television reporter was out-earned only by sports reporter Gary Lineker who earns £1,750,000 - £1,799,999, and Chris Evans , who topped the list with £2,200,000 - £2,249,999. Hall also said that nearly two-thirds of new appointments and promotions within TV and radio departments over the past three years had been women. He added that it was "probably right and proper that people know what we get paid" and said that the publication of the figures today would mark the beginning of ...

Oil, copper weigh on BHP's iron ore growth

Finally, Elliott Management Corp raised its position in BHP Billiton PLC by 157.5% in the fourth quarter. Institutional investors own 2.99% of the company's stock. BHP shares lost ground on the news, dropping 27 cents, or 1.1 per cent, to $24.83, with analysts ascribing this to the weaker outlook. Zacks Investment Research raised shares of BHP Billiton PLC from a "hold" rating to a "buy" rating and set a $35.00 price objective for the company in a research report on Wednesday, April ...

Sexist Audi commercial sparks backlash in China

German auto manufacturer Audi has been criticised in China for running an advert comparing a bride-to-be to a used vehicle. It did not go over well. The company can ill afford this speed bump. " I will not buy an Audi in this lifetime ", one user said, and another called it " disastrous marketing ".

USA imposes fresh sanctions on Iran individuals and companies

Treasury Secretary Steven Mnuchin said the sanctions "send a strong signal that the United States can not and will not tolerate Iran's provocative and destabilizing behavior". Trump had repeatedly condemned the nuclear deal brokered by his predecessor Barack Obama as a risky capitulation to Iran. Ultimately, the president's decision was the same on the substance to what his administration had been planning all along.

Here's Where to Get Free Fries on National French Fry Day

Locations around the country are offering deals in honor of today. French fries might be the ideal food, particularly due to their customizability. Arby's: Get a free small fries and a drink with the purchase of a brown sugar bacon sandwich.

NSE resumes trading after nearly 3 hours, hits new high

The National Stock Exchange will also conduct its pre-opening trading session before the start of the formal trade session. Elsewhere across the continent, one other stock exchange too went through something similar and halted trading. NSE's major rival, Bombay Stock Exchange (BSE), said that it was not facing any such glitches and that trading continued there as normal, according to reports.

AFP spox: 5-year martial law 'too long'

He said a recommendation will be made to Duterte once the military is satisfied it has flushed out all terrorist elements from the region. He added: "I don't know the basis of our Speaker for calling the extension of martial law because extending this is a political decision".

Wildfire Scorches Thousands of Acres in Santa Barbara County

The three biggest fires , which ranged in size from 5 to 8 square miles (14 to 20 square kilometers), had forced thousands of people to flee. More than 3,500 people had fled the Whittier fire in Santa Barbara County that started on Saturday afternoon as temperatures hit a sizzling 110 degrees Fahrenheit (43 degrees Celsius), officials said.