Tuesday May 21-st, 2019

Richmond rental vacancy rate loosens slightly, but rents soar Richmond rental vacancy rate loosens slightly, but rents soar

It was only 0.2 per cent in October 2017. Ontario, B.C. and Manitoba all saw an increase in vacancy rates, while Quebec, Alberta, Saskatchewan and the Atlantic provinces saw declines. That might be because some investor owners took advantage of ste...

Binance Spearheading Combined Stablecoin Market Binance Spearheading Combined Stablecoin Market

Early on in its history things seemed to be going as planned, although Tether's relationship with crypto exchange Bitfinex has always been a source of scrutiny from the wider cryptocurrency community. The symbol of the new stablecoin market i...

Take note of This Stock:: Morgan Stanley, (NYSE: MS) Take note of This Stock:: Morgan Stanley, (NYSE: MS)

Firstly, the quarterly stock performance is projected at -11.24% for the third quarter as well as at -11.24% for the last quarter of this year. Morgan Stanley (MS ) stock has been performing fast and serious movements with significant changes from...

Postal workers launch last-minute strikes across Canada Postal workers launch last-minute strikes across Canada

The legislation was a last resort after the government spent over a year trying to see Canada Post and the Canadian Union of Postal Workers (CUPW) reach a new collective bargaining agreement. After 37 days of rotating strikes, he says they have not g...

US Fed chairman hints at higher rates following Trump attack US Fed chairman hints at higher rates following Trump attack

But he said the Fed's gradual increases balanced the risks between raising too much and not enough. United States stock markets moved sharply higher on the news. "I'm doing deals, and I'm not being accommodated by the Fed", Trump told the Post ....

'DIRE CONSEQUENCES' Trump poised for China trade war showdown at G20 'DIRE CONSEQUENCES' Trump poised for China trade war showdown at G20

With Trump declaring that the European Union is "almost as bad as China", and that he'd impose tariffs on European cars "in about 12 minutes" if the EU doesn't agree a "fair" deal with the United States , the prospect of the trade wars flaring on ...

Italy's Salvini says Brussels gave Italy's Salvini says Brussels gave "positive feedback" on lower deficit goal

A meeting to discuss the details was scheduled for Monday evening. Two sources have said that the government is considering reducing its deficit target for next year to as low as 2 percent of gross domestic product from a previously set 2.4 percent...

Uber fined £900,000 over customer hack failings Uber fined £900,000 over customer hack failings

The breach took place before the introduction of the EU's General Data Protection Regulation (GDPR) earlier this year, which allows the ICO to hand down heftier fines of up to £17 million or 4 percent of a company's turnover. "This was not only a ser...

Nasdaq Sticks to Crypto Plans, Pushes Back Bitcoin Futures Launch to 2019 Nasdaq Sticks to Crypto Plans, Pushes Back Bitcoin Futures Launch to 2019

Nasdaq has plans to list Bitcoin futures despite tumbling prices this month, according to insiders. Moreover, Nasdaq is said to launch trading of the Bitcoin futures in the first quarter of 2019. Bitcoin, the flagship cryptocurrency, had been trading...

Cyber Monday deals to test limits of retailers' websites Cyber Monday deals to test limits of retailers' websites

That's a near 20 percent increase compared to last year's $6.6 billion in sales, according to a new report released on Tuesday by Adobe Analytics, which tracks 80 of the top 100 internet retailers in the USA, including Walmart and Amazon .

GM plans more than 14000 job cuts, 7 factory closures globally GM plans more than 14000 job cuts, 7 factory closures globally

We want to make sure we're well-positioned. "We think it's appropriate to do it while company is strong and the economy is strong". GM shares fell on Trump's tweets . The president's remarks follow GM's announcement on Monday about closing assembl...

Trump threatens a 25% tariff on the iPhone and Apple laptops Trump threatens a 25% tariff on the iPhone and Apple laptops

President Donald Trump expects to carry on and raise tariffs on US$200 billion in Chinese imports to 25 % from the current 10% and is "highly unlikely" to accept China's plea to hold off the tariff hike due on January 1. The euro edged lower to ...

Trump says China tariff rates very likely to rise

Maybe. Depends on what the rate is", Trump said, referring to the possibility of tariffs on mobile phones and laptops, according to the Journal . He also said he expects to move ahead with raising tariffs on $200 billion in Chinese imports to 25 ...

US Could Tariff iPhones and Laptops Imported from China

Many products, such as mobile phones and laptops, were exempt from those tariffs. The US president also threatened additional tariffs on $267 billion of Chinese imports if China retaliated with its own tariffs - which it did - unless the US and China...

Malfunctioning ATM in Texas dispenses $100 bills instead of $10 bills Malfunctioning ATM in Texas dispenses $100 bills instead of $10 bills

A long line of cars was also seen outside the ATM as people scrambled to get their turn at grabbing a wad of cash. The ATM glitch was reported to Bank of America, and the machine was temporarily shut down , according to KHOU. According to deputies...

Trump says GM 'better' add new facility in Ohio after cuts Trump says GM 'better' add new facility in Ohio after cuts

Other plants making components are at risk of closure as well , along with two factories outside North America. At the factories, 3,000 workers could lose jobs in Canada and another 3,600 in the US. While GM has been increasing its focus on highly...

Microsoft, Apple battle to be most valuable U.S. company Microsoft, Apple battle to be most valuable U.S. company

The last time Microsoft was bigger than Apple by this metric was in mid-2010, according to data compiled by Bloomberg . Microsoft shares rose more than 3 percent as USA markets and large cap tech stocks shook off recent losses. Apple has slid amid...

Mitsubishi Motors' board meets on Monday to remove chairman Carlos Ghosn Mitsubishi Motors' board meets on Monday to remove chairman Carlos Ghosn

Ghosn was sacked as Nissan chairman on Thursday, a spectacular fall from grace for the once-revered boss whose arrest and ouster have stunned the business world. She lived in a luxury Rio de Janeiro apartment funded by a Nissan subsidiary, accor...

How many pubs have been killed off in your area? How many pubs have been killed off in your area?

More than 11,000 pubs have served their last order since 2008, the Office for National Statistics (ONS) said. Over a longer period, the number of pubs calling time has increased by more than 10,000 since 2001, with the total still in operation fallin...

Logitech to acquire Plantronics Logitech to acquire Plantronics

In a statement issued today, Logitech International said that while it had engaged in discussions with Plantronics about a potential transaction, it had terminated the negotiations. The company is readt to pay 2.2 billion dollars for the purchase ...

OH companies to pay taxes in Bitcoins - mass adoption is coming OH companies to pay taxes in Bitcoins - mass adoption is coming

The state of OH is reportedly set to become the first in the United States to start accepting bitcoin payments for tax bills, in what appears to be a move to support the flagship cryptocurrency as a payment method. State Treasurer Josh Mandel has p...

General Motors' Oshawa Employees Stop Work As Carmaker Announces Shutdown General Motors' Oshawa Employees Stop Work As Carmaker Announces Shutdown

The company's main competitor, Ford, said earlier this month that it would reduce its salaried workforce by the second quarter of 2019. These decisions are expected to lead to savings of approximately $6 billion by the end of 2020: $4.5 billion i...

Christmas Tree Farmers In North Carolina Experience Shortage Due To Recession Christmas Tree Farmers In North Carolina Experience Shortage Due To Recession

Evergreen trees lined up in rows at a Christmas tree farm. "We have nine different kinds that we sell", said owner Dave Reese. "Four kinds of fir, three kinds of spruce, and two kinds of pine". They're made from non-biodegradable metal and plastic,...

Workers stream out of GM Oshawa plant amid reports of planned closure Workers stream out of GM Oshawa plant amid reports of planned closure

General Motors is expected to announce the closure of its Oshawa, Ontario manufacturing plant on Monday morning, reports the Detroit News , potentially setting in motion actions which could cost the local economy upwards of 2,500 jobs. The proposed ...

Elon Musk considers move to Mars despite 'good chance of death' Elon Musk considers move to Mars despite 'good chance of death'

Unsurprisingly, tickets to Mars ain't gonna be cheap, priced at " around a couple hundred thousand dollars ". The technology could be made publically available in as soon as seven years, he claims. "So, you know, not much time for leisure", he said...

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