Tuesday August 20-th, 2019

United Tech-Raytheon merger set for launch United Tech-Raytheon merger set for launch

In world combined aerospace and defense (civil and military) revenues, the new company would be third-after Boeing and Airbus, respectively. " Raytheon Technologies will continue a legacy of innovation with an expanded aerospace and defense portfo...

Core Inflation Cools, Bolstering Case for Fed Rate Cut Core Inflation Cools, Bolstering Case for Fed Rate Cut

In the 12 months through May, the CPI increased 1.8 per cent, slowing from April's 1.9 per cent gain. President Donald Trump in early May slapped additional tariffs of up to 25% on $200 billion of Chinese goods, prompting retaliation by Beijing.

Elon Musk mulls mining venture for Tesla to produce electric auto batteries Elon Musk mulls mining venture for Tesla to produce electric auto batteries

Musk said he was feeling good about demand for Tesla's cars, and it was unlikely to be an issue that would slow production and deliveries. Tesla's current quarterly records came during the final three months of past year when it manufactured mor...

United Kingdom strikes post-Brexit deal with South Korea United Kingdom strikes post-Brexit deal with South Korea

The UK on Monday signed a preliminary free trade agreement with South Korea , securing its first post-Brexit deal in Asia . A source at the UK embassy noted that Monday's agreement to transition the EU-South Korea FTA to a South Korea-UK FTA, post-...

Tyson Foods recalls more than 190,000 pounds of chicken fritters shipped nationwide Tyson Foods recalls more than 190,000 pounds of chicken fritters shipped nationwide

No other products have been affected, the company said. Officials said they were notified last Wednesday of reports of three people finding "foreign material" in the breaded chicken fritters that were handed out at schools. No adverse reactions ste...

Build-A-Bear's 'Pay Your Age' promo is back - with limits Build-A-Bear's 'Pay Your Age' promo is back - with limits

Up to two people can use the ticket to pay their age for a new plush toy. The sale allows customers to buy a stuffed animal for the same price as their age. Those who win will find out via email around June 21, according to Build-A-Bear. Redemption...

Dropbox relaunches with new user experience, apps and integrations Dropbox relaunches with new user experience, apps and integrations

The company's new "workspace", announced at an event held in San Francisco, will let users create and share documents from Microsoft Corp's Office suite and Alphabet Inc's Google Docs from the main Dropbox window, as well as start conversations in ...

CBD products are coming to a Kroger store near you CBD products are coming to a Kroger store near you

The Kroger Co .is becoming part of the retail craze involving CBD. Not included in Kroger's plans are selling CBD food, drinks, or supplements not yet permitted to be sold by the FDA. "There are a lot of people that use CBD to relax, and guess what,...

Amazon Restaurants food delivery service is shutting down Amazon Restaurants food delivery service is shutting down

Amazon said Tuesday that it is closing its USA restaurant delivery service, a 4-year-old business that failed to take off amid fierce competition from Uber Eats, DoorDash and others. But Scott thinks Amazon, which also owns grocery chain Whole Foods,...

Facebook to launch cryptocurrency this month Facebook to launch cryptocurrency this month

Moreover, Facebook plans to make the cryptocurrency available through customized ATM physical terminals . The report also claims that Facebook employees can choose to be paid in cryptocurrency tokens instead of hard cash. Reportedly, Facebo...

Uber Air announces Melbourne as trial city for flying taxi service Uber Air announces Melbourne as trial city for flying taxi service

Dallas and Los Angeles in the United States will also be pilot cities. "The 19km journey from the CBD to Melbourne airport can take anywhere from 25 minutes to around an hour by auto in peak hour, but with Uber Air this will take around 10 m...

Trump Levels CNN, New York Times While Issuing Warning To Mexico Trump Levels CNN, New York Times While Issuing Warning To Mexico

The White House did not respond to inquiries about Trump's tweets . And in here is everything you want to talk about. The deal struck between the USA and Mexico came just a few days before the US was set to impose a 5% tariff on Mexican goods ...

This record-breaking Honda lawnmower goes from 0-100mph in six seconds This record-breaking Honda lawnmower goes from 0-100mph in six seconds

An average of the two times was then taken as the official result. But can it actually cut grass? Enjoy a fun video of the record attempt below, with racer and stunt driver Jess Hawkins at the wheel. For V2, Honda and its British Touring Car Ch...

Trump believes China will make trade deal, but tariffs ready Trump believes China will make trade deal, but tariffs ready

But fears over a slowing USA economy are beginning to set in as investors sit on cash because they are not sure how the trade war will turn out. The US president again criticised China for devaluing its currency to create an unfair advantage in t...

Saks Owner Hudson Bay Gets Bid to Go Private Saks Owner Hudson Bay Gets Bid to Go Private

Canadian department store group Hudson's Bay is selling its minority stake in its European operations - excluding the Dutch interests - to Austrian investment company Sigma, which now owns just over half the shares. HBC has formed a special committ...

Audi recalls e-tron to address battery leak, fire risk Audi recalls e-tron to address battery leak, fire risk

The Problem: This Tesla Model X-competitor is under recall for a potential issue involving the regenerative braking system. The company isn't aware of any fires or injuries because of the flaw, he said. Only certain e-trons are equipped with the g...

Ted Baker warns on profits as 'extremely difficult' conditions take toll

The company said on Tuesday it expects underlying pretax profits to come in between £50m and £60m for the year to January 2020. Shares in the retailer traded 26 per cent lower at 990 pence after it also complained of the impact of unseasonable cold...

U.S. signed ‘another very important part’ of immigration deal with Mexico U.S. signed ‘another very important part’ of immigration deal with Mexico

Mexican officials on Monday denied any such side agreement on controlling migrants. " Mexico , in turn", he continued, "has agreed to take strong measures to stem the tide of Migration through Mexico, and to our Southern Border". While the USA an...

End of the era: Azim Premji to retire next month End of the era: Azim Premji to retire next month

Premji's significant contributions not only helped Wipro become a $8.5 billion [Gross revenue for year ending March 31, 2019] global behemoth, but it also took India to the centrestage of the the global technology and outsourcing industry map.

Mexican president praises foreign minister after U.S. agrees to drop tariffs Mexican president praises foreign minister after U.S. agrees to drop tariffs

Trump also responded to Mexico's denials that there was a border agreement in place after he lifted his tariff threat. "I am pleased to inform you that The United States of America has reached a signed agreement with Mexico", Trump said in ...

Crude Oil prices are expected to trade higher today: Angel Commodities Crude Oil prices are expected to trade higher today: Angel Commodities

U.S. President Trump threatened to impose tariffs on Mexico which is one of its major crude suppliers. China's crude oil imports slipped to around 40.23 million tons (9.47 million barrels per day), down from an all-time peak of 43.73 million tons i...

Raytheon and United Technologies announce $121bn merger Raytheon and United Technologies announce $121bn merger

Last June, on the eve of announcing plans to direct the Defense Department to create a new "space force", Trump criticized Lockheed Martin and Boeing's United Launch Alliance joint venture, saying: "I don't like when Boeing and Lockheed get togethe...

YouTube star JoJo Siwa's makeup recalled from Claire's for asbestos YouTube star JoJo Siwa's makeup recalled from Claire's for asbestos

Siwa also is known for appearing for two seasons on " Dance Moms " along with her mother, Jessalynn Siwa, and for her singles "Boomerang" and "Kid in a Candy Store". Another set, the Global Contour Effects Palette No. 2, sold by Beauty Plus , was al...

Europe's 5G to cost $62 bln more if Chinese vendors banned Europe's 5G to cost $62 bln more if Chinese vendors banned

The European Union and its member states have so far not taken a formal position on whether or not to go along with the U.S. ban on Huawei equipment in their mobile networks. The operators, China Mobile Ltd, China Telecom Corp and China Unicom ...

Trump says Federal Reserve is ‘very, very destructive’ to economy Trump says Federal Reserve is ‘very, very destructive’ to economy

On Monday, June 10, Myron Brilliant, head of global affairs at the U.S. Chamber of Commerce appeared on CNBC's "Squawk Box" to argue that President Trump is wrong to use tariffs in trade disputes with China and Mexico. The president last month impo...

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