Tuesday August 20-th, 2019

US House OKs minimum wage hike, but Senate chances are dim US House OKs minimum wage hike, but Senate chances are dim

A hike in the $7.25 hourly wage has been a top Democratic campaign promise, meant to address income inequality that's driving the 2020 political debate. A minimum wage hike has been a top Democratic campaign promise, meant to address income inequalit...

Jet2 bills passenger £85000 over alleged 'disruptive' behaviour Jet2 bills passenger £85000 over alleged 'disruptive' behaviour

Miss Haines, 25, is also banned from Jet2.com for life after she "displayed a catalogue of aggressive, abusive and unsafe behaviour on the aircraft, which included attempting to open the aircraft doors during the flight", Jet2.com said in a statem...

Amazon Faces Probe in Europe Over Third-Party Selling Amazon Faces Probe in Europe Over Third-Party Selling

Amazon has also made a statement saying that the changes made to the agreement would create greater transparency about the responsibility and rights of selling partners, which accounts for almost 60 per cent of the merchandise available on the plat...

The fully-electric MG ZS will only cost £21,500 The fully-electric MG ZS will only cost £21,500

MG UK is now accepting pre-bookings for the ZS EV online for an amount of 500 Pounds (around ₹ 42,000). It also has the MG Pilot driver assistance suite which includes features such as Advanced Emergency Braking, Blindspot Monitoring, Lane Keep A...

Bank of Korea cuts rates for first time since 2016 Bank of Korea cuts rates for first time since 2016

The central bank largely blamed external conditions, such as the U.S. -China tariff dispute remains unresolved. "(The impact of) Japan's export restrictions were reflected to a certain extent in the economic assessments", Lee said, admitting the co...

Conditions not in place for Facebook’s Libra to go ahead, says France Conditions not in place for Facebook’s Libra to go ahead, says France

The issue has become more vexed than ever in recent days as Paris defied U.S. President Donald Trump last week by passing a tax on big digital firms' revenues in France despite a threat from him to launch a probe that could lead to trade tariffs.

Airline Backflips On Photo Ban After Online Uproar Airline Backflips On Photo Ban After Online Uproar

During his journey, Vernandes was surprised to see that the business class in-flight menu was just handwritten on a piece of paper from a notebook. It was merely a note for the cabin crew, because fliers would get printed menus, of course. They noted...

Canadian Pacific records record revenue Canadian Pacific records record revenue

On Thursday, April 4 the stock rating was maintained by Citigroup with " Buy ". Looking at the signal direction, we have noticed that it is showing a Strengthening. The 9 day historical volatility reading is now 24.37%. This measures the average...

Coli outbreak linked to ground bison Coli outbreak linked to ground bison

Ill people range in age from 6 to 79 years, with a median age of 25. The recalled Bison Burgers & Bison Ground were distributed across eastern & central U. The CDC advised people who may have the recalled ground bison in their home to not consume...

S.Korea lowers policy rate amid worry about trade row with Japan S.Korea lowers policy rate amid worry about trade row with Japan

It joins a growing number of central banks worldwide that reduced borrowing costs to shore up their economies in the face of a prolonged trade dispute between the U.S. Early this month, South Korea's economy was dealt an additional blow as Japan anno...

Australia Jobless Rate Holds Steady At 5.2% In June Australia Jobless Rate Holds Steady At 5.2% In June

At 07:25 GMT, the AUD/USD is trading.7032, down 0.0007 or -0.10% and the NZD/USD is at.6730, up 0.0011 or +0.16%. "The end-of-month June quarter inflation data release is the next test". "We remain of the view that (the RBA) will still have to ...

Australia jobless rate stuck at 5.2%, full-time work jumps Australia jobless rate stuck at 5.2%, full-time work jumps

Yesterday, the local currency stayed firm as markets priced in aggressive cuts in United States interest rates. The unemployment rate has remained unchanged at 5.2% according to the recent figures from the ABS. Of course, the June report will not s...

Google praised after suspending Viagogo as an advertiser Google praised after suspending Viagogo as an advertiser

MPs in March welcomed Google's measures to "increase transparency around secondary ticket selling". The Labour MP Sharon Hodgson said: "A well-respected brand such as Google should have done this a long time ago". The CMA then obtained a High ...

Fake Ferrari factory making phoney supercars raided by police Fake Ferrari factory making phoney supercars raided by police

Motor 1 claims that an investigation into the business started two months ago after a complaint by a São Paulo law office representing Ferrari and Lamborghini was filed with authorities. Eight partially finished vehicles were seized in the raid,...

Crude Oil Price Forecast: 17 July 2019 Crude Oil Price Forecast: 17 July 2019

USA crude fell 39 cents per barrel to trade at $57.24 a barrel by 11:09 a.m. EDT [1509 GMT], while gasoline futures traded down 0.45 cent to $1.8867 a gallon. The Bureau of Safety and Environmental Enforcement said 1.1 million barrels per day of oil,...

Rio flags $2.7bn Mongolia mine blow-out Rio flags $2.7bn Mongolia mine blow-out

Preliminary estimates for development capital spend for the Project, depending on the outcome of the work described above, is now $6.5 billion to $7.2 billion, an increase of $1.2 billion to $1.9 billion from the $5.3 billion previously disclosed.

Christine Lagarde resigns as IMF MD

The IMF's acting managing director, David Lipton, said earlier on Tuesday that the fund would adapt to Lagarde's departure as it has other developments over 75 years. Traditionally the post has always been held by a European, while the head of the IM...

LVMH CEO Arnault Overtakes Gates as World's Second-Richest Person LVMH CEO Arnault Overtakes Gates as World's Second-Richest Person

That run ended Tuesday when the Microsoft Corp.co-founder dropped to No. 3 behind France's Bernard Arnault . LVMH CEO Bernard Arnault has overtaken Bill Gates to become the world's second richest person with a net worth of more than $107B.

Lotus showcases first pure electric sports car Lotus showcases first pure electric sports car

Lotus CEO Phil Popham said that the Evija would re-establish the Lotus brand in the hearts and minds of sports vehicle fans. Popham said there's scope for Lotus to work with other Geely companies, which include Sweden's Volvo Cars and Proton of M...

Housing Starts Fall in June on Fewer Multifamily Units Housing Starts Fall in June on Fewer Multifamily Units

Weak housing and manufacturing are holding again the financial system, offsetting sturdy client spending. Land and labor shortages, as well as expensive building materials are making it hard for builders to meet demand for housing, especially in th...

House Democrat Tells Facebook Their Cryptocurrency Could Be Worse Than 9/11 House Democrat Tells Facebook Their Cryptocurrency Could Be Worse Than 9/11

In an interview shortly after the Senate Banking Committee's hearing on Facebook's cryptocurrency plans, Sen. In Marcus's testimony, the former PayPal executive shed some light on questions about the Libra Association, saying that the propose...

Satisfy Your Taste Buds With National Hot Dog Day Deals Satisfy Your Taste Buds With National Hot Dog Day Deals

If you're looking to make the most of National Hot Dog Week, Portillo's has a special just for you. Why you need to go: Free hot dogs . that's enough of a reason! You can grab one of these free, delicious hot dogs from 12 PM to 5 PM today ...

Where and How to Watch the 2020 C8 Corvette Reveal Where and How to Watch the 2020 C8 Corvette Reveal

According to a new report by Hagerty, development of the new mid-engine Corvette is delayed partly due to the aluminum frame warping so much when the vehicle accelerates, that the glass engine cover is busting. Chevy recently unveiled a timeline of C...

JPMorgan Chase posts $9.7 billion profit JPMorgan Chase posts $9.7 billion profit

While the biggest risk ahead is that lower interest rates will pressure banks' bottom lines in the coming months, the squeeze is already beginning. Lower interest rates are generally viewed as a drag for large banks because it reduces the net inter...

Trump says he could impose more China tariffs if he wants Trump says he could impose more China tariffs if he wants

The US president said he would hold off on a threat to impose tariffs on an additional US$300 billion of Chinese imports, and that Mr Xi had agreed to buy large amounts of US farm goods in exchange. Official data on Monday showed China's economic gro...

IN CASE YOU MISSED IT