Tuesday August 20-th, 2019

Volvo will add in-car sensors to prevent drunk driving Volvo will add in-car sensors to prevent drunk driving

Volvo says it will introduce driver-facing cameras on its next-generation SPA2 platform architecture beginning in the early 2020s. As for how the system will know when you're too drunk to be driving? Examples of this type of behavior include a l...

Markets Right Now: Stocks open higher on Wall Street Markets Right Now: Stocks open higher on Wall Street

The Nasdaq gained 9 points, or 0.1 percent, to 7,723. Utilities and industrial companies also took losses, outweighing gains in health care, technology and consumer products stocks. The Dow is up 38.51 points, or 0.1 per cent. The reading, anothe...

Oil holds near 2019 peak as global supplies tighten Oil holds near 2019 peak as global supplies tighten

International Brent crude rose 89 cents, or 1.32 percent, to settle at $68.50 a barrel. The front-month U.S. West Texas Intermediate (WTI) crude futures contract, which expired Wednesday, gained 80 cents, or 1.36 percent, to settle at $59.83 a ba...

Tim Hortons rolling out new loyalty program Tim Hortons rolling out new loyalty program

The Canadian coffee chain has introduced a loyalty program that will reward customers with free food or drink after every seventh visit . After registering for Tims Rewards online , customers can access the program through a traditional plastic c...

US Imposes Sanctions on Venezuela's State-run Gold Mining Co US Imposes Sanctions on Venezuela's State-run Gold Mining Co

Treasury Secretary Steven Mnuchin said in the statement that Washington will "aggressively pursue those involved with Maduro's reckless illicit gold trade". The Citgo refinery unit, Venezuela's main asset overseas, is under scrutiny because it serves...

Employment at highest level since records began Employment at highest level since records began

British employers ramped up their hiring at the fastest pace since 2015 in the three months to January as the labour market defied broader Brexit weakness in the overall economy. "However, a slump in the labour market's progress may be on the hor...

Australia to forge ‘national blockchain roadmap’ Australia to forge ‘national blockchain roadmap’

Per the roadmap, the government will push for the development of blockchain "regulation, skills and capacity building, innovation, investment, and global competitiveness and collaboration". The agency researched how blockchain is being used around th...

Ford reshuffles investment plan in MI to spend $900M, create 900 jobs Ford reshuffles investment plan in MI to spend $900M, create 900 jobs

As part of a prior $11.1 billion investment in emissions-free cars, the Dearborn, Michigan-based company's Flat Rock Assembly Plant will manufacture the "next-generation battery electric flexible architecture", it said on Wednesday. Ford plans to s...

Luck Of The Irish? Powerball Soars To $550M Luck Of The Irish? Powerball Soars To $550M

Power Play 2x. The North Dakota ticket is worth $2 million because the player had the Power Play option. Winners can take up to 180 days to claim their prize, and some can handle the delay. That means the jackpot is now up to more than $550 milli...

China trade: Trump says tariffs on Beijing may linger China trade: Trump says tariffs on Beijing may linger

The stance could complicate U.S. President Donald Trump said he will keep tariffs on China until he is sure Beijing is complying with any trade deal, refuting expectations that the two nations will agree to roll back duties as part of a lasting t...

U.S. stocks rise ahead of Federal Reserve meeting U.S. stocks rise ahead of Federal Reserve meeting

Apple stock was up 1 percent after the company unveiled its new iPad Air, iPad mini on Monday, adding keyboard and Apple Pencil support to both items for the first time, while Amazon rose more than 1.5 percent. At 11:01 a.m. ET the Dow Jones Indu...

Trump wants GM CEO 'to do something quickly' to reopen Ohio plant Trump wants GM CEO 'to do something quickly' to reopen Ohio plant

Contrary to President Trump's claims, Barra has not officially pointed to United Auto Workers (UAW) as the reason for Lordstown's closure. Why wait, start them now! The sprawling facility was idled after more than 50 years producing cars and other ...

Federal Reserve signals no interest rate hikes in 2019 Federal Reserve signals no interest rate hikes in 2019

As expected the USA central bank left interest rates unchanged with its current range between 2.25% and 2.50%; however, markets are paying a little more attention to lower growth and interest rate projections for the year. Wednesday marked policy mak...

EU fines Google $1.7 billion for abusing online ads market EU fines Google $1.7 billion for abusing online ads market

The new penalty adds to Google's costly headaches in Europe , where Vestager now has fined the tech giant more than $9 billion for antitrust violations. But Google's move certainly shows that it's willing to make concessions in the region, followi...

Booze, food, and tobacco pushes United Kingdom inflation to 1.9%

The top inflation expert at the ONS, Mike Hardie, called the current inflation rate "stable", noting that while prices for food, alcohol and tobacco jumped, this was offset by slower price increases for clothing and shoes. The ONS said prices in the ...

Deutsche Bank Loaned Trump Billions Deutsche Bank Loaned Trump Billions

According to a Deutsche Bank executive who heard the remarks, Mr. Trump gave a pep talk. At the same time , the newspaper claims that he said that he was worth around $3 billion, while the bank evaluated him at $788 million. The newspaper pointed ou...

USA fintech titan FIS buys payments firm Worldpay for US$35 bln USA fintech titan FIS buys payments firm Worldpay for US$35 bln

But transactions have largely moved online and grown in complexity, forcing those background players to deal with multiple currencies, various forms of payment and more at lightning speed. Worldpay was originally a British company that was acquired l...

Starbucks revamps rewards program to woo customers with more perks Starbucks revamps rewards program to woo customers with more perks

Currently, Gold Level Starbucks members can redeem a reward at 125 Stars, for any free beverage or food item. Starbucks sparked a backlash in 2016 when it changed its program to its current form, which effectively meant that customers would need to...

Asian shares steady ahead of Fed meeting; May’s Brexit deal in chaos Asian shares steady ahead of Fed meeting; May’s Brexit deal in chaos

Some market players said selling was triggered by a report of U.S. concerns that China is pushing back against American demands in trade talks. Investors will particularly look to see whether policymakers have sufficiently lowered their interest r...

NY voters say losing Amazon was bad move NY voters say losing Amazon was bad move

A February Siena College poll of 778 registered voters from across the state reported 56 percent of respondents approved Amazon building a Queens headquarters and receiving tax incentives, while 36 percent disapproved. Among those leading the charg...

Roundup weed killer is major factor in man’s cancer, jury says Roundup weed killer is major factor in man’s cancer, jury says

After five days of deliberations over scientific evidence presented during the trial, the jury on Tuesday found Roundup, one of the world's most widely-used weed killers, to be a " substantial factor " in causing Hardeman's cancer . Tuesday's verdic...

Facebook agrees to limit ad targeting after discrimination lawsuits Facebook agrees to limit ad targeting after discrimination lawsuits

The company also agreed to meet with the groups every six months for the next three years, and is building a tool to let anyone search housing-related ads in the U.S. Under the new settlement, Facebook says it won't allow housing, employment, and cre...

Four European cities among world's most expensive

It was the first time in more than 30 years that three cities shared the top spot, a sign that pricey global cities are growing more alike, said the report's author, Roxana Slavcheva. Many changes were witnessed in this year's ranking due to infl...

Singapore, Hong Kong, and Paris Tied as the World's Most Expensive Cities Singapore, Hong Kong, and Paris Tied as the World's Most Expensive Cities

Bangalore is Asia's cheapest city, being more than twice cheaper than the three most expensive cities, according to the rankings . NY and Los Angeles are the only North American cities in the top 10, with the Big Apple rising six spots to joint se...

British Airways to debut new Club Suite on first A350 in July British Airways to debut new Club Suite on first A350 in July

The seat, which has been in the works for several years, will be layed out in a 1-2-1 configuration which means every passenger gets direct aisle access. British Airways' Chairman and CEO, Alex Cruz, said in a press release: "The arrival of our first...

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