Monday October 22-nd, 2018

Microsoft employees call on company to cancel contract with ICE Microsoft employees call on company to cancel contract with ICE

According to Bloomberg data , Microsoft now has active ICE contracts worth $19.14 million. The letter demands Microsoft "cancel its contracts" with ICE, as well as those with clients who support the law enforcement agency's work. Microsoft is now ...

EU migration policy: 'Next summit will be a fight' EU migration policy: 'Next summit will be a fight'

Merkel said her talks with Conte and other European leaders in coming weeks would focus on the question of how the European Union could enable a stable government in Libya and how its coast guard could be better trained. "In essence, that is a sca...

Donald Trump Defends Tariffs: ‘We Can No Longer Be the Stupid Country’

Separately, Foreign Affairs Minister Chrystia Freeland told MPs she believes a deal to renegotiate NAFTA is still possible despite the punitive tariffs the Trump administration has slapped on Canadian steel and aluminum in the name of national se...

Fox increases funding guarantee for Sky News in bid to seal takeover

Britain said Rupert Murdoch's Twenty-First Century Fox had answered its remaining doubts about the independence of Sky News if the USA company buys all of its parent Sky, paving the way for a takeover battle over the pay-TV group. "This is a takeover...

Sign to report non-English-speaking workers sparks outcry Sign to report non-English-speaking workers sparks outcry

A photo of the sign began to make the rounds on Twitter early Monday morning. WBAL producer Gillian Morley posted a picture of the sign on Twitter, adding it was put up in a Baltimore location by the store's general manager. Dunkin' Donuts did no...

Trump Asks For $200 Billion More In Tariffs To Impose On China Trump Asks For $200 Billion More In Tariffs To Impose On China

Wei Jianguo, a former vice-minister of commerce, said the announcement meant it was likely that Beijing would now extend the range and duration of its countermeasures. "Asian countries that have close trade ties to China such as South Korea and Jap...

Disgruntled Tesla Employee Sabotages Manufacturing Operations Disgruntled Tesla Employee Sabotages Manufacturing Operations

His stated motivation is that he wanted a promotion that he did not receive. Musk sent a separate email addressed to everyone at his company yesterday. Among the subjects in a potentially wider conspiracy, Musk lists Wall Street short sellers (who ...

Trump targets another $200 billion in China imports with tariffs Trump targets another $200 billion in China imports with tariffs

He said the move would be in retaliation for China's decision to raise tariffs on $US50 billion in goods. "Further action must be taken to encourage China to change its unfair practices, open its market to United States goods, and accept a more ...

Amazon Prime launches locally at a third of United States cost

Amazon Prime has officially entered the Australian market, launching its Prime delivery service today, at a heavily discounted cost. Amazon Prime includes access to Prime Video, for movies and TV shows, Twitch Prime, for a selection of games and Pr...

Trump taps Kathy Kraninger to head Consumer Financial Protection Bureau Trump taps Kathy Kraninger to head Consumer Financial Protection Bureau

If approved by the Senate, Kathy Kraninger would succeed her boss, White House Budget Director Mick Mulvaney , who's led the consumer watchdog part-time since November. The suit says the lender illegally charges people up to 950 percent interest rat...

…ICICI board asks Kochhar to remain on leave …ICICI board asks Kochhar to remain on leave

ICICI Bank has mandated retired Supreme Court (SC) judge BN Srikrishna to preside over the above-mentioned probe, which will look into allegations that Kochhar did not adhere to provisions relating to the bank's "code of conduct", and also examine wh...

Trump wrongly blames migrants for German crime 'rise' Trump wrongly blames migrants for German crime 'rise'

The rebel minister is leader of the Christian Social Union in Bavaria, whose parent party is Mrs Merkel's Christian Democratic Union (CDU). He said he had only recently learnt that migrants who had already been denied asylum by Germany or been is...

President Trump Urges New Tariffs On $200 Billion In China Trade President Trump Urges New Tariffs On $200 Billion In China Trade

If China increases its tariffs yet again, we will meet that action by pursuing additional tariffs on another $200 billion of goods. Trump said on Monday he had asked the US Trade Representative to target $200 billion worth of imports for a 10 per...

Trump threatens 10% tariff on $200bn of Chinese goods Trump threatens 10% tariff on $200bn of Chinese goods

In a statement released by the White House on Monday, Trump cited Beijing's decision to respond to USA tariffs on $50 billion-worth of Chinese imports, imposed earlier, as his reason to escalate the conflict. A cut in Chinese purchases of USA oil may...

Virgin Money bought by CYBG for £1.7bn

Like Duffy, CYBG's chairman, Jim Pettigrew and its finance director Ian Smith will all retain their roles in the combined group. It said some of those job losses would be achieved "via natural attrition". CYBG's David Duffy will stay on as chief ex...

Google announces strategic partnership with Chinese online retailer JD.com Google announces strategic partnership with Chinese online retailer JD.com

The JD investment comes as Google seeks to strengthen its connections in China. JD.com is second only to Alibaba in China's booming e-commerce market, offering a huge potential market for Google and its customers. Google is stepping up its invest...

Audi CEO Rupert Stadler arrested over emissions scandal Audi CEO Rupert Stadler arrested over emissions scandal

A German judge has ordered that Stadler be remanded in custody. The auto maker installed the software in 11 million diesel cars worldwide, including 1.2 million in the United Kingdom - meaning the vehicles knew when they were being tested and cut t...

Audi CEO Arrested On Suspicion Of Fraud In Diesel Emission Scandal Audi CEO Arrested On Suspicion Of Fraud In Diesel Emission Scandal

The prosecutors' office last week widened its emissions cheating probe into Volkswagen's luxury brand Audi to include Stadler among the suspects accused of fraud and false advertising. Audi confirms CEO has been arrested but can not comment further...

Tesco Takes Aim at Combined Sainsbury, Asda With Price Cuts Tesco Takes Aim at Combined Sainsbury, Asda With Price Cuts

Tesco said first-quarter sales rose 1.8% on a same-store basis, as demand continued to recover following severe storms in March. Tesco's recovery under chief executive Dave Lewis has been welcomed by investors, but there have been a couple of clo...

McDonald's announces it's working to ditch Plastic Straws McDonald's announces it's working to ditch Plastic Straws

The old plastic straws will be replaced with paper ones which can be recycled. McDonald's uses 1.8 million straws each day at its 1,361 restaurants in the United Kingdom and Ireland. The movement to eliminate plastic straws is gaining momentum in t...

Canada Goose Continues Retail Expansion, Announces Three New Stores in North America Canada Goose Continues Retail Expansion, Announces Three New Stores in North America

Finally, Franklin Resources Inc. lifted its holdings in shares of Canada Goose by 21.0% in the fourth quarter. Canada Goose now has a consensus rating of Buy and a consensus price target of $40.43. The stock rating was upgraded by Robert W. Baird...

McDonald's to switch to paper straws in UK, Ireland McDonald's to switch to paper straws in UK, Ireland

From September, all 1,361 restaurants will be provided with paper straws, saving millions of tons of plastic. "Reflecting the broader public debate , our customers told us they wanted to see a move on straws but to do so without compromising their...

Didi to launch express service in Melbourne Didi to launch express service in Melbourne

The launch of DiDi Express in Australia brings the service into competition with Uber and Australian-owned Go-Catch, as well as Estonian company Taxify , which entered Australia a year ago, and Ola , which launched in Perth earlier in 2018 and ...

BHP presses button on South Flank BHP presses button on South Flank

Production is expected to start in the 2021 calendar year and run for more than 25 years. In a statement BHP, which has an 85 percent stake in South Flank, said the quality of the ore would take the average grade for the company's Western Austral...

Trump imposes 25 per cent duties on $50bn worth of Chinese goods Trump imposes 25 per cent duties on $50bn worth of Chinese goods

Trump kicked off the action in March with the announcement that the USA would impose tariffs on Chinese goods as punishment for the theft of USA intellectual property by China . China's Commerce Ministry answered quickly to the USA taxes on Ch...

IN CASE YOU MISSED IT