Business

Monsanto ordered to pay $289 million in world’s first Roundup cancer trial

Monsanto ordered to pay $289 million in world’s first Roundup cancer trial Jurors found Monsanto acted with "malice" and that its weed killers Roundup and the professional grade version RangerPro contributed "substantially" to Dewayne Johnson's terminal illness. "This won't cure DeWayne Lee Johnson's cancer, but it will send a strong message to a renegade company". On Friday, the jury sided with Johnson. Johnson was awarded a total of about $39 million in past and fu... [Full Article...]

Trump's tariff tweet inflames Turkey's economic crisis and strained US relations

Trump's tariff tweet inflames Turkey's economic crisis and strained US relations Waves from the crisis spread overseas, with investors selling off shares in European banks with large exposure to the Turkish economy. Turkey wants the USA to extradite cleric Fethullah Gulen, a Pennsylvania-based cleric who Turkish authorities say masterminded the coup attempt in which 250 people were killed. [Full Article...]

Turkish lira slumps to new record low as Donald Trump doubles tariffs

Turkish lira slumps to new record low as Donald Trump doubles tariffs Trump said Friday on Twitter that he authorized a new 20 percent tariff on aluminum and 50 percent tariff on steel from Turkey. Our relations with Turkey are not good at this time!' Trump and Vice President Mike Pence threatened on July 26 to impose sanctions on Turkey if the pastor is not set free and allowed to return to the United States. [Full Article...]

Turkish Currency Collapses After Trump Doubles Metals Tariffs

The sudden drop came when Donald Trump announced on Twitter he was doubling United States import tariffs on Turkish steel and aluminium. Trump wrote on Twitter. President TrumpDonald John TrumpKobach agrees to recuse himself from vote counting in Kansas GOP primary NFL players kneel during national anthem before first preseason game Schiff blasts GOP for Russian Federation probe conduct: "Th... [Full Article...]

Here's How You Can Win Free McDonald's For Life

Here's How You Can Win Free McDonald's For Life The mysterious McGold Card, which for years has been rumored to grant a select few free McDonald's for life , is in fact real and returning for one fortunate fan. Even Rob Lowe and Bill Gates don't have one of those, so take that, dudes who can already afford all the McDonald's they want but don't have to pay for it anyway! McDonald's says they will do a random prize drawing "on or about" Augus... [Full Article...]

Bitcoin price analysis: BTC/USD crashes to $6,556 as SEC postpones VanEck verdict

Bitcoin price analysis: BTC/USD crashes to $6,556 as SEC postpones VanEck verdict Bitcoin was down 5.6 per cent to $6,484 as of 8:19am in NY, recovering from a 7 per cent drop earlier while extending its 2018 decline to 55 per cent, according to Bloomberg composite pricing. Luckily, the decision on the bitcoin ETF could come as early as August 10. Generally, the U.S. Securities and Exchange Commission (SEC) has been hesitant in approving ETFs because of nascent assets ... [Full Article...]

First Bitcoin (BIT) Market Cap Hits $0.00

Receive News & Updates for First Bitcoin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for First Bitcoin and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. [Full Article...]

Trump vows to double steel and aluminum tariffs on Turkey

Trump vows to double steel and aluminum tariffs on Turkey Turkey's embattled lira on Friday hit new record lows against the USA dollar and euro, losing over seven percent in value as strains with the United States showed no sign of abating and fears grew over the exposure of European banks. "If they have their dollar, we have the people, we have Allah", he said, as the lira continued to fall. Unlike many other news organizations, we have not put up a... [Full Article...]

Ryanair strike: One in six flights cancelled in pilot walkout

Ryanair strike: One in six flights cancelled in pilot walkout Pilots in France have not joined the strike, and most of the flights will directly affect passengers in Germany (accounting for around 42,000 of the 55,000 passengers expected to be affected). Irish pilots recently staged four one-day walkouts, while cabin crew in Spain, Belgium, Italy and Portugal went on strike on July 25 and 26. Despite the walkouts, 85pc of its scheduled flights, more than 2... [Full Article...]

President Erdogan: US has dollars, 'we have our God'

President Erdogan: US has dollars, 'we have our God' Bank shares across the continent fell and the euro slipped to its lowest since July 2017 as the Financial Times quoted sources as saying the European Central Bank was concerned about European lenders' exposure to Turkey . He has presented an economic action plan for the next 100 days. A new analysis by Berenberg Bank sees little long-term impact of high Turkish inflation and low interest ... [Full Article...]

Russian Federation calls fresh USA sanctions "illegal"

Russian Federation calls fresh USA sanctions A Russia Foreign Ministry spokeswoman said Thursday the restrictions represent a new attempt to " demonize Russia". The U.S. sanctions announced on Wednesday, which will go into effect around August 22, will restrict the licenses granted for exports of national security goods and technologies to Russian Federation. [Full Article...]

Aimia's largest shareholder backs co on Aeroplan loyalty sale

Aimia's largest shareholder backs co on Aeroplan loyalty sale Christopher Mittleman, chief investment officer of New York-based Mittleman Brothers LLC, called the offer "coercive" and "blatantly inadequate" in an open letter to Aimia's board. Last week, Aeroplan also touted the potential for an arrangement with the Oneworld airline alliance, whose members include British Airways, American Airlines and Cathay Pacific. [Full Article...]

Over 150 Sask. students could be affected by Saudi dispute

Over 150 Sask. students could be affected by Saudi dispute The Saudi government on Sunday recalled its ambassador to Ottawa, barred Canada's envoy from returning and placed a ban on new trade, after Canada urged it to release jailed rights activists . The Saudis have also threatened to exclude Canadian companies from participation in the lucrative Vision 2030 programme, where the kingdom is spending hundreds of billions of dollars to modernise its econom... [Full Article...]

Rite Aid, Albertsons $24B Deal to Fight Amazon Scrapped

Rite Aid, Albertsons $24B Deal to Fight Amazon Scrapped Rite Aid Chief Executive John Standley said the company heard the views of its shareholders and would operate as a standalone firm. Rite Aid Corp . The deal was partially meant to increase foot traffic to Albertsons' in-store pharmacies (which would have been rebranded to Rite Aid) and to increase the likelihood that customers heading to pick up their medication would be tempted to pick up som... [Full Article...]

Homebase jobs at risk as 60 stores face closure

Homebase jobs at risk as 60 stores face closure According to Sky News , Alvarex & Marsal will launch the CVA proposal early next week. Homebase is reported to have around 250 stores across Britain and around a dozen in Ireland. Hilco and Homebase both declined to comment. CVAs, which allow firms to avoid insolvency or administration, have been adopted by retailers including fashion chain New Look, floor coverings group Carpetright and moth... [Full Article...]

Suzuki Motor, Mazda, Yamaha admit false emissions data

Suzuki Motor, Mazda, Yamaha admit false emissions data Representatives for Mazda and Suzuki confirmed they submitted reports regarding improper testing to the ministry but declined further comment. The ministry looked at tests conducted over different periods at all three automakers. He said managers familiar with inspections were not staffed at the factories where discipline was lacking. The transport ministry will change its ministerial ordinanc... [Full Article...]

Uber drivers log off in Australia-wide protest against low fares

Uber drivers log off in Australia-wide protest against low fares The package comes after a spate of driver suicides dramatized the economic plight caused by an oversupply of taxis, e-hail vehicles, and limousines. Drivers that are in support of the bill, both from taxi companies and within Uber and Lyft , claim that a spike in traffic, drop-off in productivity, and steep decline in the value of taxi medallions from over $1 million down to less than $200,00... [Full Article...]

Ikea India launches with Hyderabad megastore

Ikea India launches with Hyderabad megastore There are also more than 1,000 products under 200 rupees to satisfy consumers that John Achillea, Ikea Hyderabad store manager, says have "big aspirations for their homes and small wallets". Plot size of 8-11 acres for store to be set up. Full-service offer - in-house and outsourced assemblers, pick-up and delivery, home planning consultants. [Full Article...]

Dubai tourist racks up over $60,000 in speeding tickets

Dubai tourist racks up over $60,000 in speeding tickets However, he might be looking at an extended stay in Dubai, though not necessarily for pleasure, this time. A partner in the dealership Faris Iqbal, said that the tourist paid Dh6,000 as rent for two days for the Lamborghini Huracan , against his passport as a guarantee. [Full Article...]

NYC votes to stop Uber's unchecked growth, give drivers a minimum wage

NYC votes to stop Uber's unchecked growth, give drivers a minimum wage In a committee meeting on Wednesday, New York City Councilmembers cited concerns over pay and quality of life for the 80,000-some drivers now working as independent contractors under Uber and Lyft. Downtown at City Hall, the Taxi Workers Alliance rallied Tuesday, saying the cap is a way to alleviate financial stress for yellow cab drivers but many feel otherwise. [Full Article...]


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