Tuesday October 15-th, 2019

EVA Air reaches agreement with striking cabin crews EVA Air reaches agreement with striking cabin crews

However, the strike itself is not scheduled to technically end until midnight on Wednesday (July 10). This strike was the longest in the history of Taiwan. With the China Airlines dispute, the pilot's main demand was an increase the number of pilot...

Elon Musk: Tesla Will ‘Most Likely’ Bring Self-Driving Chip Upgrade Elon Musk: Tesla Will ‘Most Likely’ Bring Self-Driving Chip Upgrade

The automaker claims that the chip provides 21 times the performance of the Nividia chip it replaces, but Nividia disputes that claim. The upgraded FSD computer includes two of these new chips for redundancy. FSD consists of Summon as well as Navigat...

Japan rejects S. Korea's offer to hold talks to resolve export curbs Japan rejects S. Korea's offer to hold talks to resolve export curbs

As part of its new trade restrictions, Japan's trade ministry had said individual applications will be needed for permission to export to South Korea three materials: fluorinated polyimide, hydrogen fluoride and resists. "The LDP will do anything to ...

Retiree groups demand changes to pension deeming rate Retiree groups demand changes to pension deeming rate

It means the interest on their deposits will fall and often by as much or more than mortgage rates. But Mr Frydenberg said it did not necessarily follow that the deeming rate should also drop by 1.25 points since it applies to a range of financial ...

Starbucks execs, police meet after incident in Tempe shop Starbucks execs, police meet after incident in Tempe shop

The New York Times reports the customer and the officers were all white. The Tempe Police Department issued a statement , reminding citizens and Starbucks that their police officers make great sacrifices to keep their city safe, especially durin...

Steve Jobs Magically Saved Apple By Steve Jobs Magically Saved Apple By "Casting Spells": Bill Gates

The Microsoft founder points to the NeXT debut as the living proof that Steve Jobs was the right man for the job, emphasizing that despite the 1988 computer "completely failed" and "was such nonsense", the Apple chief executive "mesmerized those peop...

Penneys Founder Arthur Ryan Has Died At The Age Of 83 Penneys Founder Arthur Ryan Has Died At The Age Of 83

Primark chief executive Paul Merchant said 83-year-old Mr Ryan had been "a true real retail pioneer" and a "gifted retailer and a visionary leader". Mr Ryan ran the company for 40 years as chief executive. He is survived by his wife Alma and daught...

British Airways faces $230 million GDPR fine British Airways faces $230 million GDPR fine

The airline has been ordered to pay a fine of £183.39m - which equates to about 1.5% of the £12.27bn annual revenue BA posted in 2017. Following the announcement of the BA fine , information commissioner Elizabeth Denham said: "People's personal...

Burger King adds Halloumi Burgers to its menu Burger King adds Halloumi Burgers to its menu

The new BK burger features the Cypriot cheese in a crispy coating, served with mayonnaise, lettuce, onions and tomatoes in a brioche bun. The fast food giant said in a statement: " Halloumi lovers across the United Kingdom rejoice and mark your ca...

Tesla to offer self-driving chip upgrade for older models Tesla to offer self-driving chip upgrade for older models

Tesla CEO Elon Musk has warned that the company's vehicle pricing will potentially multiply after the company launches its ride-hailing service. At the fourth quarter of 2019, Tesla will begin upgrading old cars with the new FSD (Full Self-Drivin...

CBO Says $15 Federal Minimum Wage Will Cost 1.3 Million Jobs CBO Says $15 Federal Minimum Wage Will Cost 1.3 Million Jobs

In particular, CBO finds that $15 in 2025 could raise the wages of 27.3 million low-wage workers, would increase the income of families who earn below three times the poverty rate by $21.9 billion, and would reduce the number of people living in po...

Uber in B.C.? Regulations give ride-hailing service the green light Uber in B.C.? Regulations give ride-hailing service the green light

Taxi companies will also be required to pay 30 cents for every non-accessible trip completed in a vehicle without rear or side entries. The ride hailing companies could be operating on B.C. "The Class 4 requirement is not negotiable for us", said M...

Chick-fil-A Gives Away Free Food During Cow Appreciation Day Chick-fil-A Gives Away Free Food During Cow Appreciation Day

National fast-food restaurant chain Chick-fil-A is giving away free food to any customer that dresses like a cow Tuesday as part of its annual Cow Appreciation Day . The giveaway will be available on Tuesday, July 9 from open to 7:00 p.m. local time...

Amazon Minnesota warehouse workers plan 'Prime Day' strike | AP business Amazon Minnesota warehouse workers plan 'Prime Day' strike | AP business

Last year, Amazon workers in Europe went on strike during Prime Day while demanding better working conditions. While this is the first time Amazon (+0.48%) workers in the USA will strike during a major sales event, it's not the first time Sha...

Futures slip as aggressive rate cut hopes wane Futures slip as aggressive rate cut hopes wane

Those expectations were tempered by a USA labour report on Friday that showed nonfarm payrolls jumped 224,000 in June, beating forecasts for 160,000, in a sign the world's largest economy still had some fire. In terms of data, U.S. consumer credit fi...

News Erdogan fires the Governor of the Bank of Turkey By NEOnline News Erdogan fires the Governor of the Bank of Turkey By NEOnline

Reports suggest that Erdogan disagreed with Cetinkaya over interest rates - which the President has been trying to lower to boost economic growth. The US has also threatened to hit Turkey with sanctions if it goes ahead with the S-400 deal, thoug...

WeWork 'looking to raise billions in debt ahead of IPO' WeWork 'looking to raise billions in debt ahead of IPO'

The potential debt offering underscores the extent to which the disappointing public market debuts for Uber Technologies and Lyft have prompted other loss-making start-ups with lofty valuations looking to go public to reassess their plans.

Volkswagen Offering Up Their Platform In New Agreement With Ford Volkswagen Offering Up Their Platform In New Agreement With Ford

Back in January , the two auto makers announced plans to share technology and platforms, starting with new commercial vehicles like vans and medium-sized pickup trucks . "We will share new information when we have better details". Why it matters:...

Self-driving chip upgrade could come to older Teslas this year

Elon Musk has promised owners of older Tesla cars will get access to an upgraded custom chip which he claims will provide the hardware required for eventual full-self-driving functions. Without it, cars are limited to regular autopilot , which of...

EU works for European candidate at IMF- senior official EU works for European candidate at IMF- senior official

Lagarde, who now heads the International Monetary Fund, was nominated earlier this week by the European Council to lead the ECB in Frankfurt. The fund's past 11 leaders have been European. Governments are actively discussing nominating him, a person ...

Facebook’s Libra Is a ‘Wake-Up Call’ for Regulators, Says ECB Policymaker Facebook’s Libra Is a ‘Wake-Up Call’ for Regulators, Says ECB Policymaker

If a company such as Facebook buys a bond instead of making a bank deposit with customer funds, the financial condition of the bank may be worsened. And if Libra allows virtually free overseas payments, South Korean banks' trillions of won in rev...

Iran oil minister hopeful over crude exports Iran oil minister hopeful over crude exports

U.S. West Texas Intermediate (WTI) was up 18 cents at $57.69 a barrel. "The weekend was dominated by Iran, with the announcement that uranium enrichment had breached JCPOA limits being greeted by a chorus of warnings from European states not to pus...

EU Commission approves acquisition of Flybe EU Commission approves acquisition of Flybe

Announcing the European Union clearance on Friday (July 5), a statement by Connect Airways said the purchase will provide a'foundation to secure Flybe's long-term future'. Former Virgin Atlantic vice-president Mark Anderson is becoming CEO of Con...

CannTrust faces Health Canada problems, warns of product shortages CannTrust faces Health Canada problems, warns of product shortages

Shares dropped as much as 22% on the news, the most on record. Shares of CannTrust Holdings Inc plunged 22% to a more than one-and-half-year low on Monday after Health Canada found that the weed producer grew cannabis in unlicensed rooms, and the...

Widespread Cell Network Problems Across Country Widespread Cell Network Problems Across Country

Toronto police Const. Katrina Arrogante tells CityNews 9-1-1 calls have also been dropped due to the outage. Some of Canada's major mobile service providers say they are working to fix widespread network outages to voice services that some customer...

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