Business

Starbucks Partners With Microsoft and ICE to Enable In-Store Bitcoin Payments

Starbucks Partners With Microsoft and ICE to Enable In-Store Bitcoin Payments ICE , the parent company of the iconic New York Stock Exchange , is making a big move into the crypto market with a digital asset platform. The Bakkt ecosystem is expected to include federally regulated markets and warehousing along with merchant and consumer applications. [Full Article...]

Hundreds Ill From Parasite In McD Salads — CDC Report

Hundreds Ill From Parasite In McD Salads — CDC Report An additional 109 cases were reported by the FDA Thursday. Of those stricken, 16 were hospitalized. The FDA noted that ill patients from Connecticut, Tennessee and Virginia purchased salads while traveling in IL, and that the Florida patient purchased a salad in Kentucky. [Full Article...]

China refuses to cut oil imports from Iran

China refuses to cut oil imports from Iran In June, the U.S. state department said that countries buying oil from Iran should bring down to zero their Iranian crude imports by the time Washington re-imposes sanctions on November 4. Trump, who delivered remarks last nighy at a rally for Rep. Lou Barletta in Wilkes-Barre, Pennsylvania, once again lashed out at Iran's nuclear deal and said, "I pulled USA out of a awful nuclear deal unilateral... [Full Article...]

145K cartons of Almond Breeze recalled for possibly containing milk

145K cartons of Almond Breeze recalled for possibly containing milk The product does not include a label listing possible milk content, which the FDA states could cause life-threatening allergic reactions if the almond milk is consumed by someone with a severe dairy allergy. Blue Diamond says it's sold more than 145,000 of these cow-tainted cartons in some 27 states, including Minnesota, Wisconsin, and Iowa. If you purchased the product, you can return it ... [Full Article...]

USA considers hiking China tariffs to 25 percent

USA considers hiking China tariffs to 25 percent But it can delay licenses and hold up mergers and acquisition approvals for American businesses and increase inspections of US products at ports. The basic strategy, including the risks and opportunities, will be familiar to anyone who has studied the Cold War confrontation with the Soviet Union ("On escalation: metaphors and scenarios", Kahn, 1965). [Full Article...]

Fiat Chrysler looking to block Mahindra Jeep knock-off in US

Fiat Chrysler looking to block Mahindra Jeep knock-off in US The company recently opened a manufacturing center in MI where the Roxor is assembled as an off-highway side-by-side. FCA claims that the Roxor (which is based on the Thar) infringes key characteristics of Jeep's signature design such as "boxy body shape with flat-appearing vertical sides and rear body ending at about the same height as the hood". [Full Article...]

Pharmacies expect to be in short supply of adult EpiPens in August

Pharmacies expect to be in short supply of adult EpiPens in August Pfizer Canada says it is now able to provide EpiPen Jr, but supply is limited and the epinephrine injector for children is being carefully managed across the country. The company issued a warning earlier this week that supplies of the 0.3 mg EpiPen could run out before a new shipment arrives in Canada sometime in late August. [Full Article...]

Cuomo urges deal on Ballston Spa lemonade stand

Cuomo urges deal on Ballston Spa lemonade stand Brendan Mulvaney lemonade stand sign is pictured in this mage made from video. He's volunteered to pay the $30 license fee if it turns out the boy really does need a permit. The young entrepreneur, Brendan Mulvaney, was selling lemonade, water and Sno-cones from the porch of his family's home, which just so happens to be right outside the Saratoga County Fair in upstate NY. [Full Article...]

Apple is the first USA company worth $1 trillion (AAPL)

Apple is the first USA company worth $1 trillion (AAPL) June 2015: Apple Music streaming service launches including internet radio from Beats, a startup Apple bought the prior year in a deal valued at $3 billion. "This is all kind of holding your thumb up going, eh, about right", Fort Pitt Capital Group senior portfolio manager Kim Forrest added. Most of the people reading this are probably on an Apple device right now or own at least one product... [Full Article...]

The Hydropothecary Corporation Stock Skyrockets After Coors Partnership

The Hydropothecary Corporation Stock Skyrockets After Coors Partnership Sales of alcoholic beverages declined significantly in states that legalized medical marijuana, according to research by the University of CT and Georgia State University. Corona beer distributor Constellation Brands Inc. invested $245 million for a 9.9 per cent stake in Canada's largest licensed cannabis producer, Canopy Growth, last year. [Full Article...]

That’s trillion with a T-Apple hits market value of $1 trillion

For what it's worth, Apple's trillion-dollar debut comes during one of the company's highest heights in terms of products. - Apple is the biggest of big tech. It has to hock its vehicle to pay for the rest. By previous year, its sales had grown more than 11-fold to $229 billion - the fourth highest in the S&P 500 .SPX - and net income had mushroomed at twice that rate to $48.4 billion, makin... [Full Article...]

House prices falling at fastest rate in six years

House prices falling at fastest rate in six years The other capital cities recorded substantially less variation between the valuation segments, which CoreLogic attributed to a surge in first homebuyers supporting demand at the lower end of the market following stamp duty concessions in NSW and Victoria in July past year. [Full Article...]

USA jobs growth slows more than expected in July

The participation rate, or share of working-age people in jobs or actively looking, was unchanged at 62.9 percent. "By contrast, we are now on track to hit an average GDP annual growth of over 3 percent, and it could be substantially over 3 percent", the president stated on the South Lawn of the White House on July 27. [Full Article...]

US trade war won’t work, says China

US trade war won’t work, says China Businesses in the United States also want a slice of the growing market in China, which is ready to buy more to meet the growing demand from Chinese consumers, Mr Wang said. Now Trump administration officials are reportedly considering increasing those tariffs to 25 percent. "If the USA takes measures to further escalate the situation, we will surely take countermeasures to uphold our legitimate... [Full Article...]

Eurozone manufacturing activity still subdued in July | Economy

Eurozone manufacturing activity still subdued in July | Economy The Manufacturing and Non-Manufacturing PMI Report on businesses is based on survey responses, indicating the changes in the level of business activities in the current month compared with the preceding month. Twelve subsectors reported growth, while two contracted in the review month. In terms of inventory, the manufacturing sector' inventories index grew for the sixteenth consecutive month in ... [Full Article...]

Apple officially becomes the first $1 trillion company

Apple officially becomes the first $1 trillion company Apple has become the world's first publicly traded company to be valued at $1 trillion. Launched on a shoestring budget in a Silicon Valley garage more than four decades ago, Apple survived a near-miss with bankruptcy before soaring to a trillion-dollar market value on Thursday. [Full Article...]

China warns of retaliation if USA takes more trade steps

China retaliated in kind. The U.S. Trade Representative's office initially had set a deadline for final public comments on the 10 percent proposed tariffs to be filed by August 30, with public hearings scheduled for August 20-23. The higher tariffs, which would apply to some $200 billion in Chinese imports identified by the administration last month, represent an effort to get Beijing to addr... [Full Article...]

Japan's central bank makes policy adjustment as inflation target remains far-flung

Japan's central bank makes policy adjustment as inflation target remains far-flung The Bank of Japan decided Tuesday to allow long-term interest rates to rise above the current ceiling to increase the sustainability of its massive stimulus program, while stressing it will continue accommodative monetary policy in order to lift stubbornly low inflation. [Full Article...]

Ocasio-Cortez could learn about socialism from Trump

Ocasio-Cortez could learn about socialism from Trump Last Saturday at a campaign event in Orlando, Florida, DeSantis took aim at Ocasio-Cortez, referring to her as "this girl Ocasio-Cortez or whatever she is", according to the HuffPost . Education is important enough for us to put first. "That is a decision that requires political and moral courage from both parts of the aisle", she emphasized. [Full Article...]

USA sanctions unacceptable for Turkey

USA sanctions unacceptable for Turkey In a statement, Albayrak said Turkey's priority is to resolve the USA sanctions issue through "diplomacy and constructive efforts appropriate for two countries and allies with strong historical background". Pompeo also plans to press for continued sanctions enforcement against North Korea. Brunson, 50, was arrested in December 2016 following a failed coup on charges of "committing crimes on beha... [Full Article...]


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