Business

Amazon drops its $25 free shipping minimum for holidays

Amazon drops its $25 free shipping minimum for holidays Amazon's response is to make its own shipping offer for the holidays. Amazon didn't say when the promotion would end, but described the duration as "limited". Amazon has seemingly reacted to pressure from rivals before. When Amazon is your biggest competitor you have to think outside the box around the holiday season in order to entice customers away from the giant of online shopping. [Full Article...]

Lowe’s closing 31 Canadian stores, 20 stores in U.S.

Lowe’s closing 31 Canadian stores, 20 stores in U.S. In addition to the 20 US closings, the news release stated Lowe's will close 31 Canadian stores. Store closing sales will occur at most of the affected locations, with exception of select stores in the US, which the company said will close immediately. [Full Article...]

JAL pilot admits being almost 10 times over alcohol limit

JAL pilot admits being almost 10 times over alcohol limit The Japan Airlines plane was delayed and took off 69 minutes after its scheduled departure from London. He was caught after the driver of a crew bus smelled alcohol and called the police, according to Japanese broadcaster NHK. Sentencing for the pilot is set for November 29. The flight took off more than an hour late. "The company sincerely apologises to the passengers and to all affected ... [Full Article...]

Iranians mark embassy takeover on eve of United States sanctions

Iranians mark embassy takeover on eve of United States sanctions Mr Rouhani said four countries had approached him during his visit to NY for the UN General Assembly in September, offering to mediate with the U.S., but he turned them down. SECO said it was in touch with United States authorities, Iran and unnamed Swiss companies on developing a humanitarian payment channel. "The United States remains open to reaching a new, more comprehensive deal with Iran... [Full Article...]

Iranians rally to mark anniversary of U.S. Embassy takeover

Iranians rally to mark anniversary of U.S. Embassy takeover The move has raised tensions in the Middle East as America's maximalist approach to the Islamic Republic takes hold. "That's the goal, that's the mission, and that's what we will achieve on behalf of the president". Before travelling to a campaign rally for the United States mid-term elections, President Donald Trump said Iran was already struggling under his administration's policies. [Full Article...]

Lanka IOC reduced fuel price

Lanka IOC reduced fuel price The prices of petrol and diesel stand at Rs 79.18 per litre (decrease by Rs 0.19) and Rs 73.64 per litre (decrease by Rs 0.14) respectively in Delhi. "Every motorist driving a petrol auto should feel aggrieved that the price of a litre stayed the same in October when it should have fallen by more than 3p", he said. [Full Article...]

Two dead after tornado strikes Baltimore

Two dead after tornado strikes Baltimore No other injuries were reported. "First responders remain onsite assessing the damage". A 50-by-50-foot wall collapsed at the facility, which is located in southeast Baltimore, at around 10:30 p.m. Storm damage at an Amazon Fulfillment complex in Baltimore. "The whole side (of the building) was just dropping", he said. The National Weather Service reports the tornado Friday night packed wind... [Full Article...]

U.S. records strong jobs gains in October

U.S. records strong jobs gains in October For a USA economic expansion now in its 10th year, hiring remains robust, growth has picked up and the outlook is a mostly bright one on the eve of congressional elections . Retail payrolls rose by only 2,400, likely restrained by layoffs related to Steinhoff's Mattress Firm bankruptcy as well as some store closures by Sears Holdings Corp. [Full Article...]

Apple posts record revenue but its value slips under $1tn - General Business

Apple posts record revenue but its value slips under $1tn - General Business The company said it saw great response to the new MacBook Pro models launched in July, with strong double digit revenue growth driving an all time quarterly record for Mac revenue . Keep in mind that these are units refurbished by Apple itself, which means you they're tested, certified, cleaned, given a new battery and outer shell, and come with a one-year warranty that you can extend with ... [Full Article...]

Trump sanctions on Iran already hurting rogue regime

Trump sanctions on Iran already hurting rogue regime U.S. Secretary of State Mike Pompeo , who announced the decision, did not name the eight, which he referred to as "jurisdictions", a term that might include importers such as Taiwan which the United States does not regard as a country. On Friday, the Trump administration announced the restoration of sanctions on Iran's shipping, financial and energy sectors, the second batch of penalties to be ... [Full Article...]

What Investors Should Know? Barrick Gold Corporation (ABX)

Another shareholder value can be analyzed through the EPS growth rate; the next 5 years EPS growth rate is predicted by the analysts after the analyzing the previous trends. This means that the stock price might likely increase by 126.19% from its current trading price.12 out of 30 Wall Street analysts which represents 40% rated the stock as a buy while the remaining 60 rated it as a hold, w... [Full Article...]

Amazon’s Second Headquarters Hunt May Be Near A Selection

Amazon’s Second Headquarters Hunt May Be Near A Selection Ralph Northam didn't offer any hints when he was asked on WTOP's Ask the Governor about published reports that say Amazon is focusing in on Crystal City in Arlington. The District and Montgomery County also are among the 20 finalists. Crystal City seems to the front-runner in the drawn-out competition to win Amazon's $5 billion second headquarters, widely known as HQ2. [Full Article...]

Unemployment rate in Windsor sees first drop in 4 months

Unemployment rate in Windsor sees first drop in 4 months Unemployment in the Lethbridge-Medicine Hat region has reached its lowest level since July 2017. Despite this, B.C.'s unemployment rate as a province only fell 0.1% as a whole, from 4.2% to 4.1%. It dropped to an all-time low of 4.7 per cent a month later in August. Compared with 12 months earlier, national employment was up 1.1 per cent following the addition of 205,900 positions, including 1... [Full Article...]

China wants to ‘very badly’ strike a trade deal with US

China wants to ‘very badly’ strike a trade deal with US At a campaign rally in Columbia, Missouri, he added: "They want to make a deal". Peter Navarro, director of the National Trade Council within the White House, struck a similar wait-and-see note on Saturday about the Trump-Xi meeting. The Hang Seng Index rose 4.2 percent, the biggest gain since 2011, and the Shanghai Composite Index climbed 2.7 percent, posting a fourth day of gains for its longe... [Full Article...]

US regulators subpoenaed Tesla production data, company says

US regulators subpoenaed Tesla production data, company says In the latest SEC filing , the company said it has received subpoenas in connection with "certain projections that we made for Model 3 production rates during 2017 and other public statements relating to Model 3 production". It didn't hit the 5,000-a-week target until June 2018. The electric vehicle marker said: "Should the government decide to pursue an enforcement action, there exists the pos... [Full Article...]

Wages Highest In 10 Years, Unemployment Remains Level Before Friday’s Jobs Release

Wages Highest In 10 Years, Unemployment Remains Level Before Friday’s Jobs Release All the data points to a still-strong labor market as employers will have to use higher wages as the primary attraction for talent. Total compensation for civilian workers in the United States increased 2.8 percent over the last 12 months, the report said - up from 2.5 percent. [Full Article...]

Trump Flags End To China Trade War As Stocks Dive

Trump Flags End To China Trade War As Stocks Dive The event will be closely watched for any progress in the resolution of the bitter trade dispute between the world's two largest economies. On Thursday, comments made by Mr Trump appeared to be an attempt to ease tensions. "We don't know what the tariff rate might be", he said. Tensions have increased in recent months with U.S. officials accusing China of meddling in the USA midterm elections,... [Full Article...]

Spotify to launch standalone app for Apple Watch, beta version being tested

Spotify to launch standalone app for Apple Watch, beta version being tested That said, the current quarter may see another dip, financially: Starting today, Spotify is giving away a Google Home Mini to the primary account holder of every Family and Premium account . Spotify said the number of paid "premium" subscribers rose to 87 million in the quarter, and it posted a first-ever profit of 43 million euros ($49 million) as a result of a tax adjustment. [Full Article...]

GM offers buyouts to 18K workers after posting strong profit

GM offers buyouts to 18K workers after posting strong profit GM announced the offers on Wednesday, the same day that the automaker's third quarter results were released, showing a strong third-quarter profit. "The voluntary severance program for eligible salaried employees is one example of our efforts to improve cost efficiency", the company said. [Full Article...]

United Kingdom manufacturing orders fall for first time since July 2016

United Kingdom manufacturing orders fall for first time since July 2016 Readings above 50 signal expansion, while those below 50 signal a contraction. There were modest gains elsewhere: China's Caixin Manufacturing PMI reading nudged higher to 50.1 from 50, moving in the opposite direction from the official manufacturing report released on Wednesday. [Full Article...]


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