Tuesday August 20-th, 2019

Ontario slashes legal aid budget, eliminates refugee law funding Ontario slashes legal aid budget, eliminates refugee law funding

In a rebuttal, a "truly disappointed" former Northern Development and Mines Minister Michael Gravelle said in opposition from Thunder Bay that the Ford government's budget made no funding references to Northern highways and held "no useful informatio...

Tesla tweaks line-up, makes $35,000 Model 3 a special request item Tesla tweaks line-up, makes $35,000 Model 3 a special request item

Tesla's Model 3 is now available for lease, the company said Thursday. The website explained that a Model 3 Standard Plus used to cost $37,500, plus $3,000 for the Autopilot option. Notably, the Standard Plus' price increased to $53,700. Tesl...

Wells Fargo earnings make for a neat job ad Wells Fargo earnings make for a neat job ad

The average true range (ATR) is a measure of volatility introduced by Welles Wilder in his book, "New Concepts in Technical Trading Systems". Raymond James advised investors in its research note published on March 29th, 2019, to Mkt Perform the WFC ...

Coffee not essential for life, Swiss government says Coffee not essential for life, Swiss government says

However, the Swiss government wants to end its bean-hoarding by 2022. "Coffee contains nearly no calories and therefore does not make any contribution to food security from a nutritional point of view", the Council apparently wrote, before also sug...

Chevrolet Corvette confirmed for July 18 debut Chevrolet Corvette confirmed for July 18 debut

General Motors CEO Mary Barra made the announcement on Thursday night in NY, after arriving at a charity gala in a camouflaged prototype of the vehicle that was driven by its chief engineer, Tadge Juechter, and emblazoned with the date it will off...

American Airlines Flight Hit a Sign During Take-Off American Airlines Flight Hit a Sign During Take-Off

Officials didn't elaborate on what exactly the "object" was that the aircraft struck. After the aircraft returned to JFK Airport, workers discovered damage to the left wing, caused by striking a runway sign, reports ABC . An American Airlines plan...

Thousands Of Stop & Shop Workers Go On Strike Across New England Thousands Of Stop & Shop Workers Go On Strike Across New England

Paula Zelisko of Chicopee said she knows the strike will mean lost wages and hardship for her family. "But it's short-term pain for long-term gain", she said. The union claims the company's offer is unacceptable, because it asks employees to increa...

Fred's to close several local stores Fred's to close several local stores

In southern IL, the Benton location will close, along with southeast Missouri Fred's stores in Cape Girardeau and Poplar Bluff. The 159 underperforming stores will start "going out of business" sales starting Thursday. The 557-store chain said it e...

Western banks help Saudis raise $12 billion in bonds Western banks help Saudis raise $12 billion in bonds

Saudi Aramco , which revealed itself to be the world's most profitable company in its prospectus for the bonds, is expected to raise more than $10 billion in the deal, the price of which was due to be confirmed last night. It has previously forecaste...

Waitrose apologises for ‘ugly’ Easter chocolate duckling after racism accusation Waitrose apologises for ‘ugly’ Easter chocolate duckling after racism accusation

A United Kingdom grocery store has apologized for its Easter chocolate range that received a complaint for being racist. The story features a song with the lyrics: "There once was an ugly duckling, with feathers all stubby and brown, and the other ...

No path for Trump's Federal Reserve pick Cain as four Republicans oppose No path for Trump's Federal Reserve pick Cain as four Republicans oppose

The other is Stephen Moore, 59, a controversial economist and former Trump campaign adviser. Trump has said he will nominate both men. "The White House ought to take into consideration obviously two things before making a nomination", McConnell sai...

Jet cancels global flights for Thursday, seeks funds to stay afloat Jet cancels global flights for Thursday, seeks funds to stay afloat

Speaking on the recent Jet Airways crisis, Civil Aviation Secretary Pradeep Singh Kharola said, "It (Jet Airways) is now operating less than 15 planes and its eligibility to fly on worldwide routes needs to be examined". "Passengers are advised to co...

Saudi Aramco gets whopping $100bn demand for landmark bond Saudi Aramco gets whopping $100bn demand for landmark bond

One of the sources said demand had gone up to $60bn. Demand for the paper was the largest for emerging markets bonds since an orderbook value of more than $52bn for Qatar's $12bn bonds previous year, and surpasses $67bn in demand for Saudi Arabia'...

Important US stock indexes fared Important US stock indexes fared

Only utilities and communications service providers, a broad category that includes entertainment, telecommunications and internet companies, notched gains. The spat between the US and China has already made a list of goods more expensive for consume...

Herman Cain set to get Trump nomination to Fed Herman Cain set to get Trump nomination to Fed

Both are strong Trump supporters. Trump's interest in selecting Cain for the Fed was first reported in January. The White House declined to comment, but Axios and the Wall Street Journal noted that Cain has been considered. Then there are the fears...

Tesla Refutes Reports About Spending Freeze at Gigafactory Tesla Refutes Reports About Spending Freeze at Gigafactory

Tesla and partner Panasonic are halting plans to expand production capacity at Gigafactory 1 amid signs of sagging demand for the company's vehicles, according to a report on Thursday. electric carmaker. For now, it appears that Tesla will dive...

Brexit: Theresa May updates MPs on 31 October delay Brexit: Theresa May updates MPs on 31 October delay

But Davis, who resigned in protest at May's Chequers plan past year and is tipped as a candidate in the Tory leadership race, said the Prime Minister will face growing opposition from within her own party in the coming months. 'But I believe it is in...

Social media bill would ban 'dark patterns' tricks Social media bill would ban 'dark patterns' tricks

The bill will make it illegal for large online platforms "to design, modify, or manipulate a user interface with the goal or substantial effect of obscuring, subverting, or impairing user autonomy, decision-making, or choice to obtain consent or us...

Middle class shrinking due to stagnant wages and job fears Middle class shrinking due to stagnant wages and job fears

As every generation since the post-World War II baby boom has seen the middle class shrink in wealthy countries around the world, millennials are now being shut out of the middle class, which the OECD defines as incomes between 75 and 200 percent of ...

Uber plans to sell $10 billion stock in IPO Uber plans to sell $10 billion stock in IPO

Uber's projected valuation would be higher than its most recent private valuation of $76 billion, but less than its rumored $120 billion target-likely a recalculation due to Lyft's slow entrance to the public market. shares have been sliding fast wi...

British GDP rises slightly in February: ONS British GDP rises slightly in February: ONS

The IMF said that even in a relatively orderly no-deal Brexit scenario - with no delays at borders and minimal financial market turmoil - the economy would grow 3.5 percent less by the end of 2021 than it would under a smoother Brexit. In February, m...

Wells Fargo's Asset Sale: What You Need To Know (NYSE:WFC) Wells Fargo's Asset Sale: What You Need To Know (NYSE:WFC)

The stock value instability stayed at 4.38% in recent month and ranges at 4.19% for the week. A beta factor is used to measure the volatility of the stock. Wells Fargo's investment-banking arm advised the company on the sale, while Skadden, Arps, Sla...

Sterling Tiptoes Up As PM May Seek Brexit Delay Sterling Tiptoes Up As PM May Seek Brexit Delay

Manufacturing is now at its highest level since April 2008'. For now, investors are looking ahead to the major Brexit news and United States inflation data that is expected today. Unconfirmed market rumor that Germany would consider a five-year b...

Yahoo offers $117 million as data breach settlement Yahoo offers $117 million as data breach settlement

On Tuesday, announcement related to the proposed settlement came but still needs to be approved by the US District Judge Lucy Koh. She rejected an earlier version of the accord on January 28, and her approval is still required. "We believe that the...

Shaw reports $155M Q2 profit compared with a loss a year ago Shaw reports $155M Q2 profit compared with a loss a year ago

Finding the correct portfolio balance is how many investors choose to approach the markets. Investors may have to find a way to keep the rational side from being consumed by irrational behavior when studying the markets. The price index of Shaw Commu...

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