Tuesday October 15-th, 2019

Trade war worsens, sends markets into tailspin, East Asia News & Top Stories Trade war worsens, sends markets into tailspin, East Asia News & Top Stories

The weakness in the markets persisted into Friday trading . That cost would come on top of the roughly $830 cost imposed per household from Trump's existing tariffs, according to a New York Federal Reserve analysis. -China trade talks to proceed f...

Equifax payouts could disappoint customers who were expecting $125 checks, feds say Equifax payouts could disappoint customers who were expecting $125 checks, feds say

Though, with a hard claims process and swarming Internet scammers , clients should be careful about releasing more information. The public response to the settlement has been overwhelming, and we're delighted that millions of people have visited...

Apple Card will not allow purchase of cryptocurrencies Apple Card will not allow purchase of cryptocurrencies

Bloomberg also claims Apple Card users will be able to manage their card through an iPad companion app in addition to their iPhone . The document also details on how interest rates are determined, how daily balances are collected, when interest b...

Federal Reserve explains why they cut rates Federal Reserve explains why they cut rates

So: stocks have sold-off, with the S&P 500 falling over one per cent into the market's close; while short-term bond yields have climbed, as bets of a future rate cuts are marginally unwound in rates markets. But the policy statement and Chair Pow...

Chocolate chip cookies recalled for choking hazard from plastic pieces Chocolate chip cookies recalled for choking hazard from plastic pieces

Food and Drug Administration's website. The company issued the voluntary recall Thursday in response to complaints about pieces of blue plastic found inside the cookies' packaging that could be a choking hazard. The product, Entenmann's Little B...

European oil majors' gas lifeline could be a noose European oil majors' gas lifeline could be a noose

However, BP PLC beat expectations, reporting quarterly profits that were flat compared with the comparable period a year earlier. Shell shares were down 4.3% to 27.3 euros as of 0730 GMT on August 1. UBS Group reissued a "buy" rating and set a GBX ...

Chick-fil-A Tops Poll as America's Favorite Fast Food Restaurant Chick-fil-A Tops Poll as America's Favorite Fast Food Restaurant

These evaluations were then used to devise each chain's overall loyalty index. Chick-fil-A received a 79 percent "Composite Loyalty Index" while In-N-Out scored came in at 73 percent. The chain, which operates restaurants along the Pacific Coast an...

U.S. Gained 164000 Jobs, Unemployment Rate Was Unchanged For July

The unemployment rate dropped to 3.6 percent in April, hitting the lowest level since December 1969, and stood at 3.6 percent in May, before bouncing back at 3.7 percent in June. Among the marginally attached, there were 368,000 discouraged workers i...

India slips to 7th position in global GDP ranking

India has slipped to the 7th position in the global GDP rankings in 2018, marginally behind the United Kingdom and France, according to World Bank data. The credit rating agency took into account weak monsoon, slowing global growth and slower GDP gro...

Majestic Wine sells retail arm in £95m deal Majestic Wine sells retail arm in £95m deal

Included in these are a £5m payment based on the "post-Brexit regulatory landscape". Another £12m will be retained. It is also planning to roll out a new service to help gauge a customers' palate in order to offer a more personalised wine offer...

Lowe's to Lay off Thousands of Workers Lowe's to Lay off Thousands of Workers

These departments are responsible for, among other things, assembling products like patio furniture and grills and providing janitorial services. Hartzell said that employees in the eliminated positions will have the opportunity to apply for other op...

IAG Second Quarter Profit Ahead On Strong Revenue

IAG exceeded forecasts as it reported a 19 per cent jump in pre-tax profits to £843m in the three months to June. Rising effective fuel costs helped push operating profits lower at British Airways parent company IAG in the first half of the year...

British Airways loses appeal to avert pilot strike British Airways loses appeal to avert pilot strike

The court of appeal on Wednesday upheld last week's verdict by the high court , which dismissed BA's claim that the strike ballot was invalid. British Airways need to wake up to reality. The law for strike action requires 14 days notice to be given ...

Audi Unveils New e-tron 50 Quattro with Smaller Battery Audi Unveils New e-tron 50 Quattro with Smaller Battery

Although official pricing for the e-tron 55 Quattro has not yet been released for Australia, in the United Kingdom it has a starting price of £71,520 ($A127,572 at today's rates), and it is expected that the smaller battery of the 50 Quattro may brin...

Goodbye, Dash: Amazon will end support for geeky shopping gadgets Goodbye, Dash: Amazon will end support for geeky shopping gadgets

In its absence, the Amazon spokesperson suggested customers use their free virtual Dash Buttons on Amazon's website and the mobile app. As this 2015 Medium guide explains, once you've finished that first step of the setup process, and thus fed ...

Exports fell in June, pulling Canada's trade surplus down to $136M Exports fell in June, pulling Canada's trade surplus down to $136M

In May, Canada posted a surprise trade surplus of Can$556 million, thanks to record exports to the United States, its main trading partner. The Canadian dollar held a near six-week low of 1.3248, or 75.48 cents USA after the data release.

No-deal Brexit an 'instantaneous' shock to economy: Carney No-deal Brexit an 'instantaneous' shock to economy: Carney

Against the euro the pound fell 0.01% to €1.0978. The bank's nine monetary policymakers unanimously chose to keep the bank's main interest rate on hold at 0.75 per cent. The currency has shed more than 4% of its value in July, its worst month since...

Did Trump delay $10B Pentagon bid over beef with Bezos? Did Trump delay $10B Pentagon bid over beef with Bezos?

DoD CIO Dana Deasy had previously said a contract award to either Amazon [AMZN] Web Services or Microsoft [MSFT], the program's finalists, was slated for late August. Elissa Smith, who is a Department of Defense spokeswoman, said to Business Ins...

USA private sector adds 156,000 jobs in July: ADP USA private sector adds 156,000 jobs in July: ADP

Total non-farm employment is expected to have changed by 164,000. The two surveys are frequently out of step, however. USA companies added 156,000 jobs for the month of July - a figure that tops expectations despite increased job cuts in the reta...

Dollar rises but Dow drops as Fed announces ‘one-off’ interest rate cut Dollar rises but Dow drops as Fed announces ‘one-off’ interest rate cut

When you think about rate-cutting cycles, they go on for a long time, and the committee is not seeing that - not seeing us in that place. We were hoping for clarity, and what we have been left with is more questions, so its back to listening to the F...

Bitcoin First as LedgerX Launches Regulated Physical Futures on US Market Bitcoin First as LedgerX Launches Regulated Physical Futures on US Market

It is not ICE that is trying to bring physically-settled BTC futures contracts, other companies including TD Ameritrade-backed ErisX based in Chicago, LedgerX , and others are also busy planning to roll out these important products. There were no ...

Beyond EU meat: Trump to announce beef trade deal with Brussels Beyond EU meat: Trump to announce beef trade deal with Brussels

Apart from Donald Trump's trade announcement due to be given at 1745 GMT, NFP data out later today will also bring some volatility to Dollars pairs, with expectations of an increase of 169k in the month of July, after ADP figures released earlier in ...

Don't give your dog pig ears, don't touch them — CDC/FDA Don't give your dog pig ears, don't touch them — CDC/FDA

Food and Drug Administration and the Centers for Disease Control and Prevention. Illnesses in the outbreak have been reported in the following 33 states: Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Iowa, Illinoi...

Oscar Meyer's ice cream sandwich includes bits of candied hot dog meat Oscar Meyer's ice cream sandwich includes bits of candied hot dog meat

And what's a hot dog without a spicy condiment? Press materials for the "Ice Dog" also include a breakdown of the ingredients that make up the sandwich, which is served between a "cookie bun" stuffed with both "spicy Dijon gelato" and "hot dog swee...

Shopify Trades Higher On Q2 Earnings Beat Shopify Trades Higher On Q2 Earnings Beat

A number of large investors have recently bought and sold shares of the stock. The stock increased 9.10% or $28.92 during the last trading session, reaching $346.8. During the same period in the previous year, the company earned $0.04 earnings per ...

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