Tuesday August 21-st, 2018

Asus hit with £56.5m price-fixing fine Asus hit with £56.5m price-fixing fine

Additionally, they all reportedly threatened online retailers and sanctioned them to use the prices they suggested. Contacting retailers that were offering prices below their own recommended retailer prices, and requesting increases. ASUS received th...

Facebook's shares tumble as growth disappoints Facebook's shares tumble as growth disappoints

A year ago, that growth rate was still at 17%. The social media site had a rough hump day as the company was below the mark with its sales and its global daily active users during its second quarter of fiscal 2018, due in part to the slew of data...

Fiat Chrysler's Marchionne dies, shares dive on profit slide

The automotive industry was shocked Saturday with sad news regarding Sergio Marchionne , who will be unable to return to work as CEO of Fiat Chrysler Automobiles (FCA) due to unexpected complications from surgery. German auto expert Ferdinand Dude...

Farmers prefer Trump do trade deals than give them money Farmers prefer Trump do trade deals than give them money

That would finally be called Free Market and Fair Trade! The USDA said it planned to roll out some of those details around Labor Day and the program would begin to make payouts after the fall harvest. Lawmakers from both parties do too and, perha...

$522M Mega Millions jackpot winner bought ticket in San Jose $522M Mega Millions jackpot winner bought ticket in San Jose

Six are worth $1 million each, sold in Arizona, Massachusetts, Michigan, Minnesota and New Jersey (two). According to Mega Millions, there were 3,109,361 winning tickets on Tuesday at all prize levels, including several white ball winning Mega Mill...

Papa John's adopts poison-pill strategy to deter former CEO Schnatter Papa John's adopts poison-pill strategy to deter former CEO Schnatter

Papa John's shares fell by 8.3 percent to $47.29 shortly after trading started Monday morning. Shares of the pizza chain have tumbled 24% since November, when Schnatter slammed the National Football League for "poor leadership" and blamed player pr...

READ: Statement from FCA leader on Sergio Marchionne's death

The Board of Directors of FCA, meeting today, firstly expressed its closeness to Sergio Marchionne and his family and underlined the extraordinary contribution, both human and professional, that he has made to the Company in these years . Marchionne ...

Former Fiat Chrysler CEO Marchionne dies

Marchionne was recovering from surgery and that these have worsened significantly in recent hours. His death was confirmed by Exor, the holding company of Italy's powerful Agnelli family, which founded the auto brand. As his professional life pro...

United States Ready to Make a 'Real Deal' With Iran

Since Trump pulled out of the deal, other nations involved - Germany, Britain, France, Russia and China as well as the European Union - have reaffirmed their support for the deal and have been working to try and keep Iran on board. " If America wan...

Tens of thousands of Ryanair customers told flights have been cancelled Tens of thousands of Ryanair customers told flights have been cancelled

It said that 100 of its 350 Irish pilots were going on strike. The airline has cancelled 24 flights to the United Kingdom, including from Dublin to Glasgow, Newcastle and Manchester, during the 24-hour stoppage. The airline's already cancelled 24 f...

US announces billions to help farmers hurt by Trump tariffs US announces billions to help farmers hurt by Trump tariffs

All three programs are already authorized under the Commodity Credit Corporation. House Speaker Paul Ryan said he understood Trump's plan and called his goal a "good one" but ultimately said House Republicans do not agree with the practice.

USA announces billions to help farmers hurt by Trump tariffs

The president on Wednesday will meet with European Commission President Jean-Claude Juncker at the White House as the EU hopes to convince him to hold off from raising tariffs on imported cars and avoid a trans-Atlantic trade war. The government an...

Trump administration to announce financial assistance to farmers in wake of tariffs Trump administration to announce financial assistance to farmers in wake of tariffs

In that year, President Herbert Hoover signed a major tariff bill, which was later followed by a Wall Street crash and the Great Depression. Trump is tweeting that trade partners need to either negotiate a "fair deal, or it gets hit with Tari...

Satellite photos show North Korea ‘dismantling rocket launch site’ Satellite photos show North Korea ‘dismantling rocket launch site’

They include the rocket engine rail-mounted processing building, where parts for space vehicles are assembled. Since the June 12 summit, the president said the North Korea nuclear threat is over and that North Korea would destroy another missile ...

Trump tapping US$12 billion to help farmers affected by tariffs

Trump also has been under pressure from farm state lawmakers to back away from imposing tariffs. "This is a short-term solution that will give President Trump and his administration time to work on long-term trade deals that benefit agriculture an...

Trump prepares $12 BILLION bailout fund for farmers hurt by tariffs

President Trump indicated that countries are finally coming to the negotiating table over trade tariffs. Details about the bailout plan are scanty at this point, though the Post indicates it will include "direct assistance, a food purchase and d...

Mega Millions Jackpot Climbs to $512 Million, 5th Largest in Game’s History Mega Millions Jackpot Climbs to $512 Million, 5th Largest in Game’s History

The Megaplier feature increases non-jackpot prizes by 2, 3, 4 or 5 times. The Pennsylvania Lottery also reported that a Powerball ticket worth $100,000 due to the Power Play option was sold at the Amoco at 1850 Christopher Columbus Blvd.in Philadel...

Trump administration to announce aid for US farmers hit by trade spats Trump administration to announce aid for US farmers hit by trade spats

President Trump touted his tough trade polices Tuesday, calling tariffs " the greatest ", after announcing that countries caught up in tense trade relations with the USA would visit to negotiate. It's as simple as that". Punishing tariffs have bee...

President Trump to Iran's Rouhani: Never Ever Threaten the US Again President Trump to Iran's Rouhani: Never Ever Threaten the US Again

Iran's semi-official ISNA news agency quoted Mr Rouhani as warning Mr Trump on Sunday: "Do not play with the lion's tail or else you will regret it". Qassemi further said the U.S. policies vis-à-vis Iran have failed, citing its withdrawal from the ...

Alphabet gains as Google ad machine powers past record fine Alphabet gains as Google ad machine powers past record fine

While that's nearly three times the S&P 500 Index's gain, it trails Netflix, Amazon .com Inc. and even Facebook Inc., which is trading near a record after rebounding from a data-privacy scandal in March sparked consumer backlash and regulatory scr...

Pepperidge Farm announces voluntary recall for 4 varieties of Goldfish Crackers Pepperidge Farm announces voluntary recall for 4 varieties of Goldfish Crackers

Out of an abundance of caution, the company said, it is voluntarily recalling the four types of Goldfish crackers that contain this seasoning. Consumers have been urged to get rid of Flavor Blasted Xtra Cheddar, Flavor Blasted Sour Cream and Onio...

Tronc Lays Off Half of New York Daily News Newsroom Staff Tronc Lays Off Half of New York Daily News Newsroom Staff

Staffers were then brought into conference rooms, where they were informed of their fates - if they were sat down in front of a folder, it was bad news . Like so many other print publications, the Daily News has battled faltering advertising reven...

Alphabet shares soar despite hit to profit from Google’s European Union fine Alphabet shares soar despite hit to profit from Google’s European Union fine

On average, Wall Street was looking for Q2 earnings of $9.54 per share with $32.2 billion in revenue. Moving to a cease-and-desist order for Google "seemed to be the best thing to do in this case in order to enable mobile manufacturers to have a ...

Tesla shares sink on reports carmaker is running short on cash Tesla shares sink on reports carmaker is running short on cash

Tesla is spending about $1 billion a quarter as it ramps up manufacturing of the Model 3 sedan, a lower-priced vehicle that is key to Tesla's plans of becoming a major mass-market automaker. In the meantime, manufacturing consultant Dennis Virag told...

India scraps controversial tax on sanitary pads India scraps controversial tax on sanitary pads

In July 2017, citing the high tax rates of 18% and 12% on the inputs, the government had defended the decision to not lower the GST rate of 12% on sanitary napkins. He said, besides revenue collection, the GST council will now focus on job creati...

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