Friday September 25-th, 2020

Iraq Backs Away from Threats to Expel U.S. Troops Iraq Backs Away from Threats to Expel U.S. Troops

Iran has fired missiles at Iraqi bases housing the U.S. military on Wednesday, according to officials, in the first act of the Islamic republic's promised revenge for the United States killing of a top Iranian general. But the details have been sc...

Hyundai announces air taxi ridesharing partnership with Uber at CES 2020 Hyundai announces air taxi ridesharing partnership with Uber at CES 2020

So far, the auto manufacture is only supplying aircraft for Uber's service, however, the company also claims to be lending its 'automotive-scale manufacturing capability' to the service. Hyundai revealed a holistic urban air mobility (UAM) platfor...

Two General Motors employees arrested for racing Corvettes Two General Motors employees arrested for racing Corvettes

That last charge means a mandatory court hearing and a potential loss of license. Supercars are tested to extremes before they make it to showrooms, but this probably isn't what General Motors had in mind when two engineers took a pair of yet-to-...

Amazon delivered already ‘soiled’ diapers, says New Jersey mom Amazon delivered already ‘soiled’ diapers, says New Jersey mom

Nassly Sales and Sid Mukherjee ordered two boxes of diapers from the online retailer one marked "new" and the second described as "used: like new", according to The Jersey Journal Friday The description noted that the packaging was damaged, but ori...

OYO announces significant layoff round in India and China OYO announces significant layoff round in India and China

The startup has laid off 5% of its staff in China and another 12% of employees in India, as part of a reorganization, a source with knowledge of the situation told Bloomberg. Ritesh Agarwal is the chief executive of Oyo. "Emissions in China, OYO's la...

Amazon fires workers who shared customer email addresses, phone numbers Amazon fires workers who shared customer email addresses, phone numbers

Amazon fired its employees for giving their users personal data to an unnamed third party. It said the employee has been fired because of the leak, and that no other information related to the user accounts were shared externally. The incident happen...

Weak Christmas puts John Lewis staff bonus under threat Weak Christmas puts John Lewis staff bonus under threat

John Lewis Partnership , which runs the eponymous department stores business and up-market supermarket Waitrose , is an employee owned business which usually rewards staff with an annual payout equivalent to a percentage of their salary. Waitrose & ...

Missiles attack: Iraq military says no Iraqi casualties, silent on United States troops Missiles attack: Iraq military says no Iraqi casualties, silent on United States troops

The strikes were lifted at about the same time on the day Suleimani was killed last Friday in an American drone attack at Baghdad airport. A total of 22 missiles have hit two bases housing U.S. "I will be making a statement tomorrow morning". He ...

Retail sales Retail sales "significantly behind expectations" over Christmas at Joules

Superdry, which saw co-founder Julian Dunkerton return to lead the company a year ago, also blamed poor sales of old designs by the previous management. If you click on them we may earn a small commission. For the seven-week period to 5 January 202...

GAME threatens to close 40 United Kingdom stores unless rents are cut GAME threatens to close 40 United Kingdom stores unless rents are cut

The High Street retailer said in an announcement at the time: "The board has been considering the merits of the mandatory offer and consulting with its major shareholders and advisers, whilst also actively engaging in normal course discussions with S...

Takeaway Seals Victory in $8-Billion Just Eat Bidding War Takeaway Seals Victory in $8-Billion Just Eat Bidding War

However, these offers were rejected by Just Eat's shareholders. Shareholders in Just Eat have given the green light to a £6.2bn merger with Dutch food delivery firm Takeaway.com, which will create one of the largest food delivery groups in the ...

Casper Sleep Could Be The First Unicorn to Come Public In 2020 Casper Sleep Could Be The First Unicorn to Come Public In 2020

Casper has raised $US355 million from investors including Lerer Hippeau, New Enterprise Associates, IVP, and Target, and was last valued at $US1.1 billion. It is a company that aims to take advantage of an entire "sleep economy". Casper's IPO comes...

Iran launches ballistic missiles at U.S. troops Iran launches ballistic missiles at U.S. troops

According to CNN, missiles fired by the Iranian side hit the part of Ain al-Asad air base in Iraq where there were no United States troops. Iranian officials said Tehran did not want a war and its strikes "concluded" its response to Friday's kill...

Northern rail can continue only 'for months', transport secretary says Northern rail can continue only 'for months', transport secretary says

Chris Burchell, Arriva's managing director of UK Trains, said he accepted Northern network services were "not yet good enough". "However, numerous franchise issues are beyond Northern's direct control". Northern Rail is expected to be taken under s...

Tesco reports modest Xmas sales growth in 'subdued' market Tesco reports modest Xmas sales growth in 'subdued' market

That followed relatively subdued updates from the high street following "Black Friday" sales at the end of November. Tesco , Britain's biggest retailer, ground out a 0.1% rise in underlying sales in its home market during what it said was a "sub...

Stocks Fall Amid Lacklustre Jobs Report Stocks Fall Amid Lacklustre Jobs Report

Earlier in the session, the 30-stock average broke above 29,000 for the first time ever. The S&P 500 took on 0.9%, and NASDAQ climbed 1.8% for the week. "Although both readings were slightly below expectations and the recent trend, neither is overl...

Dow, S&P 500, Nasdaq end at records on lower Iran worries Dow, S&P 500, Nasdaq end at records on lower Iran worries

U.S. President Donald Trump refrained from ordering more military action, and Iran's foreign minister said the missile strikes on Iraqi bases that house U.S. Among the weak spots was the department store operator Kohl's Corp, which slid 9.2 per cen...

Toyota, Mazda, Suzuki will buy back old cars due to safety risk Toyota, Mazda, Suzuki will buy back old cars due to safety risk

Consumers should check if their auto is included in the recall by checking their vehicle's VIN number in the table below or visiting the Product Safety Australia website . Mazda's urgent new recall relates to 466 examples of the Eunos 800 (MY1996-99...

McDonald's tests out new vegan burger in Canada McDonald's tests out new vegan burger in Canada

Impossible Foods is now working to more than double production instead of trying to win a deal the size of McDonald's, Brown said. Impossible Foods Inc has launched a plant-based sausage patty that will be tested in 139 Burger King restaurants i...

Mercedes-Benz To Build Smart Brand Cars With Geely In China Mercedes-Benz To Build Smart Brand Cars With Geely In China

As most other things Geely, all future smart cars will be exclusively electric, something Daimler has been doing for some time now with its baby brand. The joint venture will bring the next generation of zero-emission Smart electric cars to the Chine...

GM set to revive Hummer brand with electric truck and SUV GM set to revive Hummer brand with electric truck and SUV

In 1999, when the nascent Hummer brand was beginning, GM originally planned on using the name for a GMC product before spinning it out into its own brand completely. Now, Hummer will finally live under the GMC banner. GMC is seen as a premium off...

Thai Bank SCB Launches Cross-Border Payments App on Ripple Thai Bank SCB Launches Cross-Border Payments App on Ripple

With this, the 112-year-old bank became Thailand's first domestic bank that is willing to push forward with Fintech partnerships. The mobile application is powered by Ripple and will enable instant, low-priced cross-border payments. Meanwhile, th...

Tesla now worth more than Ford and General Motors combined Tesla now worth more than Ford and General Motors combined

In October 2018, the company was granted approval to use an 864,885-square-meter tract of land in Lingang for its Shanghai plant. The development shows how CEO Elon Musk is winning his bet on China, where the company also intends to produce the...

U.S. slaps fresh sanctions on Iran despite worldwide call for restraint U.S. slaps fresh sanctions on Iran despite worldwide call for restraint

Pompeo started suggesting the target was "embassies" after Trump spoke, and argued to the media that his claim that the attack was imminent, his claim they didn't know when or where, and Trump's claim it was four embassies did not plainly contradict ...

Renault Clio hybrid, Captur PHEV unveiled Renault Clio hybrid, Captur PHEV unveiled

The Clio and Captur hybrids form a major step in Renault's wider electrification rollout. Now, though, Renault has fitted it with a 9.8 kWh battery that allows the auto to travel up to 30 miles on electrical power before the petrol engine takes over....

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