Tuesday July 14-th, 2020

Businesses added just 67000 jobs in November Businesses added just 67000 jobs in November

Private payroll gains in the month earlier were revised down to 121,000 from an originally reported 125,000 increase. What economists said: "What today's number does seem to suggest is that underlying momentum in the USA economy is slowing, with ...

GM axes Buick Regal as consumer demand continues shift to SUVs, crossovers GM axes Buick Regal as consumer demand continues shift to SUVs, crossovers

The German-built Regal is presently available in four models, but GM sold less than 9,000 in North America during the first nine months of this year. The four-door will say good-bye to the North American market, where crossovers made up nearly 90 p...

RBI is not being inflexible in inflation targettiing RBI is not being inflexible in inflation targettiing

The central bank acknowledged on Thursday that it does have room to cut rates further, but said it was concerned about near-term inflation, as the headline rate breached its medium-term target for the first time in more than a year. "However, given...

Donald Trump Says Trade Talks With China Going Donald Trump Says Trade Talks With China Going "Very Well"

The statement alerted investors, who had expected the USA and China to move to a phase-one deal that would have taken future tariffs from coming into existence. The trade negotiations with China, the president declared, are at a "critical stage". ...

Google Co-founders step down from their roles Google Co-founders step down from their roles

He holds a master's degree from Stanford University and an MBA from the Wharton School, where he was named a Siebel Scholar and a Palmer Scholar. The term "Silicon Six" refers back to a speech Baron Cohen gave to the Anti-Defamation League last m...

U.S. jobs trounce forecasts with 266000 gain as wages heat up U.S. jobs trounce forecasts with 266000 gain as wages heat up

The Labor Department's closely watched monthly employment report today showed steady wage gains and the unemployment rate falling back to 3.5%. -China trade war is reached or are struggling to find workers with unemployment so low. Wage gains acceler...

Japan unveils $120 billion fiscal package to shore up growth Japan unveils $120 billion fiscal package to shore up growth

Shinzo Abe launches $121bn stimulus package for Japan. During the official meeting of the lawmakers and the officials, Abe said that the government has devised a strong fiscal policy that will help the economic growth. He said the stimulus would b...

After Trump, China says `no time limit` on trade deal with US After Trump, China says `no time limit` on trade deal with US

But the two sides remain apart. President Trump's comments Tuesday , which downplayed the possibility of a trade deal being reached in the next couple of weeks, were "off the cuff" and should not be taken as a sign that talks are at an impasse, ...

Oil producers eye further output cuts Oil producers eye further output cuts

The Head of Oil Market Research at Rystad Energy , Bjørnar Tonhaugen , said, "We have a clear message to the OPEC+ countries: A "roll-over" of the current production agreement is not enough to preserve a balanced market and ensure a stable oil pr...

Stocks fall in early trading as investors wait on trade Stocks fall in early trading as investors wait on trade

Copper, which often moves with expectations for global economic strength, rose 3 cents to $2.64 per pound. Benchmark crude oil lost 21 cents to $58.22 per barrel in electronic trading on the New York Mercantile Exchange. The report quelled fears ...

Uber reports more than 3000 sexual assaults on 2018 rides Uber reports more than 3000 sexual assaults on 2018 rides

After CNN started asking questions about sexual assault incidents, Uber announced increased safety measures in 2018, including a partnership with RapidSOS, a company that sends a rider's location and relevant information to a local police agency wh...

GM, LG Chem to announce EV battery joint venture in Ohio GM, LG Chem to announce EV battery joint venture in Ohio

DETROIT - General Motors (NYSE: GM) and LG Chem today announced plans to mass-produce battery cells for future battery-electric vehicles. General Motors announced it will break ground on a new assembly plant in the Lordstown, Ohio, area in mid-...

Canada central bank holds key lending rate at 1.75% Canada central bank holds key lending rate at 1.75%

Stock markets tumbled from record highs as Trump opened new fronts in his trade wars, and then recovered somewhat on December 4 after Bloomberg News reported that the USA and China were close to an agreement that would reduce some tariffs.

US trade deficit falls in October to lowest since May 2018 US trade deficit falls in October to lowest since May 2018

The trade deficit in goods and services fell by 7.6 percent to 47.2 billion US dollars in October from a revised 51.1 billion dollars in September, the department said. "Imports into the United States also peaked previous year". Trade has been a dr...

Saudi Aramco raises $25.6 billion in largest-ever IPO Saudi Aramco raises $25.6 billion in largest-ever IPO

Saudi Aramco is poised to achieve the biggest initial public offering in history next week by raising $25.7bn for the Saudi state in its market debut. The proceeds from the listing will go towards these diversification initiatives and could be in...

Canadian National Railway (TSE:CNR) Increases Dividend to $0.54 Per Share Canadian National Railway (TSE:CNR) Increases Dividend to $0.54 Per Share

You can purchase shares before the 6th of December in order to receive the dividend, which the company will pay on the 30th of December. The firm has a Current Ratio of 0.7 and a Quick Ratio of 0.6. The firm has a market capitalization of $83.80 bill...

Elon Musk goes on trial over 'pedo guy' tweet Elon Musk goes on trial over 'pedo guy' tweet

Towards the end of the testimony, Unsworth's attorney L. Lin Wood asked Musk what he thought was his net worth, Reuters reported . Tesla co-founder and CEO Elon Musk leaves Los Angeles federal court on December 3, 2019. Musk, who is also chief...

Huawei launches new legal challenge against USA ban Huawei launches new legal challenge against USA ban

Huawei Technologies Co. said Thursday that it has sued the USA government over its latest attempt to blacklist the Chinese telecommunication giant from the American market on the grounds of national security concerns. "Banning a company like Huawei,...

Ford and McDonald's Turn Coffee Chaff Into Car Parts Ford and McDonald's Turn Coffee Chaff Into Car Parts

The process of converting the coffee chaff uses both high-temperature heat, under low oxygen, and a mixture of plastic and other material alternatives. "Additionally, headlamp housings are a large auto part, and since there is a 20% weight savings wi...

RBI to announce its 5th bi-monthly monetary policy for current fiscal RBI to announce its 5th bi-monthly monetary policy for current fiscal

Domestic stock markets are likely to start Thursday's session on a lackluster note, ahead of the outcome of a bi-monthly meeting of the central bank's Monetary Policy Committee . Despite lower growth momentum, the RBI said that inflation would be ...

SWR workers to begin 27-day strike to keep guards on trains SWR workers to begin 27-day strike to keep guards on trains

The union has alleged that the failure to come to terms over the future pattern of on-train staffing and the role of guards was for "political" reasons, while SWR has claimed that a deal was reached during Thursday's discussions, only for it to be re...

U.S., China Move Closer to Trade Deal Despite Harsh Rhetoric U.S., China Move Closer to Trade Deal Despite Harsh Rhetoric

The latest barrage of bearish trade news started before sunrise in Washington on Monday, when Trump tweeted unexpectedly that he's reinstating tariffs on steel and aluminum imports from Brazil and Argentina for what he called their "massive" currency...

Elon Musk testifies in California 'pedo guy' court case Elon Musk testifies in California 'pedo guy' court case

Mr Musk watched the CNN clip of Mr Unsworth several times before lashing out in a series of tweets on 15 July in 2018. Musk, the chief of Tesla and SpaceX, had also attempted to assist with the rescue ; he assigned a team of engineers to design ...

Millions of Americans caught up in massive SMS data leak Millions of Americans caught up in massive SMS data leak

Businesses and educational institutions around the world that use the TrueDialog SMS bulk texting service are scrambling to assess the potential damage to their communications after news that security researchers discovered a huge database of unp...

Oil steadies as Riyadh pushes for further supply cuts Oil steadies as Riyadh pushes for further supply cuts

West Texas Intermediate for January delivery added 28 cents to $56.24 a barrel on the New York Mercantile Exchange as of 7:40 a.m.in London . Crude has climbed since early October on signs the US-China are close to a breakthrough on an initial tra...

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