Business

US Upholds Import Tariff on Bombardier

An global row between the US and Canada has kicked off again as the US Department of Commerce upheld massive tariffs on the import of Bombardier's C Series jet. The U.S. Department of Commerce was due to finalize the proposed duties on Monday or Tuesday. " Boeing's assertion that future imports from Canada threaten to cause material injury is necessarily based on just the type of "speculation and conjecture" that is prohibited under both US and global law", MacNaughton told the panel.

N Korea denies role in WannaCry ransomware attack

The US State Administration is urging the private sector to do more to prevent such incidents, Bossert said , adding that and others have Microsoft taken action last week to halt North Korea's hacking efforts. These include destroying a launch site before it can be used for a new missile test. The North was also suspected of involvement in a cyberattack on Sony's USA subsidiary 3 years ago.

House forced to revote on tax reform bill

The Senate is expected to pass the final plan as early as Tuesday, which would send the bill to President Trump for his signature. The biggest winners are business owners, corporate shareholders, and many workers who will see reduced tax withholding from their paychecks.

Where's the grand plan on North Korea?

If elected, Japan would serve as a nonpermanent member from January 2023 to December 2024. Tillerson told the UN Security Council that a "sustained cessation of North Korea's threatening behaviour must occur before talks can begin", apparently after coming under pressure from President Donald Trump's White House to toughen his stance.

Newcastle players cancel Christmas due to poor results

Arsenal sit seventh in the Premier League and are desperate to club up the table and into the Champions League spots. "Still, though, we stayed in the game, and when you are working as hard as we were working, that means that this team's still fighting".

Mobile to acquire Layer3 TV, aiming to launch TV service in 2018

Layer3 TV operates in many, but not all, USA cable markets, selling HD cable service and internet access, either a la carte or bundled. The Layer3 box integrates content from those services alongside DVR recordings and Layer3's own on-demand content , and it learns what you watch over time to offer better curated suggestions.

Passenger Arrested After Making Threats On Flight To Sacramento

The chaos was captured by a co-passenger and sent to CBS Sacramento . A male passenger then intervenes but still Curbelo can be heard shouting and swearing and demanding: "Land the plane". "Our Crew enforced the regulation and that was following by the passenger outburst". Curbelo was taken to the Sacramento County Main Jail where she faced the charge of making criminal threats.

Netflix is weirdly anxious about 'A Christmas Prince' fans

Yesterday, Netflix US tweeted a joke that a lot of people found amusing, but many other didn't for the tweet seemed to breach the privacy of users and their viewing habits. for the past three years". In it, they've confirmed that the figure in the tweet refers to collated trends - not individual viewing habits. Netflix, after all, produced and promoted the movie, which is in the vein of an uplifting, unapologetically cheery Hallmark film.

Ford collaborates with Alibaba as it expands into China

Ford is expected to sign a deal with China's Alibaba Group that may allow the carmaker to test selling cars to Chinese consumers via Alibaba's online retail arm Tmall, formerly known as Taobao Mall. China is not only the largest auto market in the world, executive chairman Bill Ford pointed out, but is also "at the heart of electric-vehicle and SUV growth and the mobility movement".

Samsung launches new 512 GB eUFS memory chips for mobile devices

Do you think the Galaxy S9 will be able to tout 512GB of internal storage? It was nearly two years ago that Samsung announced that it was kicking off mass-production of 256GB storage chips implementing the Universal Flash Storage (UFS) 2.0 interface boasting speeds of up to 850MB/s for sequential reads and 260MB/s for writes.

CBOE to launch bitcoin futures trading Sunday

Naeem Aslam, Think Markets analyst, said that the reports Britain wants to hike regulation of bitcoin and other digital currencies. Official trading and full day trading of the futures will begin on December 11, and trading will be free through December.

Bill endangers tuition policy for university employees

Graduate Teaching Fellows at the University of OR held a rally Wednesday on campus to protest the GOP tax bill. Under the new tax plan, these tuition waivers would be made taxable income, which would effectively increase taxes by about 31 percent for research assistants at UC Berkeley, according to an analysis of the bill.

Black Friday Helps Increase Pocket of Amazon Boss to Reach $100 Bln

Black Friday sales helped Amazon shares to jump more than 2 percent and online holiday sales increase by more than 18 percent since past year, Bloomberg reported . Just this week, Bezos rose another $2.4 billion, which gave him the final push to reach the 12-figure net worth. At the start 2017, Bezos was the fourth richest person in the world and surpassed both Inditex founder Amancio Ortega and Berkshire Hathaway's Warren Buffet this year as well.

Students May Have Worked Overtime Illegally To Assemble iPhone X

Six high school students told the Financial Times that they routinely worked 11-hour days, beyond the 40-hour work week limit allowed for student interns under Chinese law. She added that she is made to assemble up to 1,200 iPhone X cameras each day. Representatives of the school still has not commented on the situation.

Kansas jobless rate falls to 3.6 percent while labor market remains flat

Professional and business services had shown the most growth this year, adding more than 4,000 jobs. The September estimate was revised to a gain of 10,300 jobs. At the same time, the size of the state's labor force has continued to hover right around 1.4 million people for most of the past year. Last month's rate is well below the state's October 2016 rate of 6.1 percent.

Foot Locker, Inc. (FL) Given Consensus Recommendation of "Hold" by Brokerages

Foot Locker Inc . had 103 analyst reports since July 21, 2015 according to SRatingsIntel. Canada Pension Plan Investment Board now owns 1,819,210 shares of the athletic footwear retailer's stock valued at $89,651,000 after purchasing an additional 718,800 shares during the last quarter.

Norway's $1T pension fund wants out of oil stocks

Oil and gas stocks would be replaced by investments in other companies, Matsen said. Oil and gas equities now account for around 6 percent of the GPFG's benchmark index, or just over 300 billion kroner (36.6 billion US dollars), according to the bank .

Record number of Americans forecast to travel over Thanksgiving weekend

AAA expects almost 51 million Americans to hit the road for Thanksgiving travel next week, the highest volume for Turkey Day travel in a dozen years. California gas prices have skyrocketed in the last two weeks to their highest levels in more than two years and are likely to remain above $3.20 on average in most areas throughout the holiday weekend.

Airbus lands biggest-ever order with $49.5bn deal for 430 airliners

The airlines that use the aircraft will include Frontier Airlines, based in Denver, JetSMART of Chile, Volaris in Mexico and Wizz Air of Hungary. They are US company Frontier Airlines, Mexico's Volaris, Chilean carrier JetSmart and Hungary's Wizz.

Oil market could tip out of balance on rising non-Opec production

In what could come as grim news for officials attending global climate talks in Bonn, Germany, the IEA expects oil demand to keep rising until 2040. This latest move comes as investors expect figures to show United States oil production has risen. The IEA estimates that there will be 50 million electric vehicles (EVs) on the road by 2025 and 300 million by 2040, from closer to 2 million now.