Business

Swath of South faces wintry mess: Snow, sleet, freezing rain

Swath of South faces wintry mess: Snow, sleet, freezing rain Other airports that could be affected include Asheville and Raleigh-Durham International in North Carolina, Lynchburg and Roanoke in Virginia and Greenville-Spartanburg International, South Carolina. Emergency officials urged everyone to stay indoors and off icy roads. Cooper said crews are working around the clock across North Carolina to clear the roads and help stranded drivers. [Full Article...]

Ezekiel Elliott, Dallas Cowboys, appealing National Football League fine Salvation Army kettle donation

Ezekiel Elliott, Dallas Cowboys, appealing National Football League fine Salvation Army kettle donation We had no phone calls or messages about it beforehand. He attributes this to a major retailer closing a store that had always been a prime location for his bell ringers. There are a myriad of ways supporters can make a tax-deductible contribution to The Salvation Army Red Kettle Campaign through December 31st. The Salvation Army ... [Full Article...]

OPEC decisions aren't shaped by Twitter: Russia

OPEC decisions aren't shaped by Twitter: Russia Benchmark Brent crude oil rose US$3.48 a barrel to a high of US$63.54 before easing back to around US$63.20 by 1450 GMT. The US president had urged OPEC not to put economic growth at risk by cutting output and raising prices. "Are there enough signs that this US$50-US$55 price range is low enough to limit the growth of USA shale production so 1.2 million barrels is enough, and will it be eno... [Full Article...]

Canada adds 94,100 jobs in November: StatsCan

Canada adds 94,100 jobs in November: StatsCan The report of statistics Canada on Friday also said that compared to past year, employment increased by 1.2%, resulting in a net increase of 218800 jobs. But Friday's report also contained bad items. That was also an increase from 67.2 per cent in November 2017. Experts have been expecting wage growth to rise thanks to the tightened labour market, but it has dropped every month since its May p... [Full Article...]

Jobs picture steady at 3.7 percent unemployment

Jobs picture steady at 3.7 percent unemployment The unemployment rate was unchanged at near a 49-year low of 3.7 percent as 133,000 people entered the labor force. Wages rose 3.1 percent over the year, the same as last month, and the second time growth has topped 3 percent since 2009. [Full Article...]

Southwest Airlines plane skids off wet runway while landing in California

Southwest Airlines plane skids off wet runway while landing in California Shortly after the incident, passengers were calmly seen disembarking the aircraft via an emergency slide. The flight rolled off the end of the runway in Los Angeles County while landing at about 9 a.m. "I thought we were going to impact the barrier for sure". The runway where the incident occurred is closed, but another runway is operational and the airport remains open, Burbank airport offi... [Full Article...]

Skoda reveals Scala and powertrain development plans

Skoda reveals Scala and powertrain development plans Skoda is offering a wide range of wheels ranging from 15-inch and 16-inch steel wheels, and 16 to 18-inch alloy wheels. Set for launch in early 2019, the Skoda Scala is also the company's first production auto in Europe to spell out the Skoda name in letters on its fifth door instead of using the logo. [Full Article...]

Altria investing $2.4B in Canadian cannabis producer Cronos

Altria investing $2.4B in Canadian cannabis producer Cronos The deal is a "big endorsement" for Cronos and is "reassuring" for the industry, amid rising concerns that pot companies' valuations may be too lofty, Landry said. It has entered into joint ventures to boost its presence and capacity in Canada and overseas, including in Israel and Australia. Altria shares rose as much as 3.2 percent to $56.14 on Friday. [Full Article...]

NASA Administrator Statement on Passing of George HW Bush

NASA Administrator Statement on Passing of George HW Bush James Baker III, former secretary of state and White House chief of staff under Bush, said in a statement that he led with "strength, integrity, compassion and humility" on the global stage and in everyday interactions. U.S. Envoy to China. "It is with great sadness that we mark the passing of one of America's greatest points of light", Trump said in a statement . [Full Article...]

Aston Martin Works Create First Reversible EV Powertrain Concept

Aston Martin Works Create First Reversible EV Powertrain Concept You could go all out and have a classic Aston converted to an EV, but could you live with yourself for forever ruining the history and heritage of a low-volume classic auto? Paul Spires, president of Aston Martin Works, further explained the logic behind the Heritage EV. [Full Article...]

Jeep Wrangler Slammed with 1-Star Safety Rating in Euro Crash Test

Jeep Wrangler Slammed with 1-Star Safety Rating in Euro Crash Test The automaker also reiterated that the vehicle "meets or exceeds federal safety requirements in every market in which it is sold". In the frontal offset test, Euro NCAP reported that the "connection between the A-pillar and the trans-facia beam was damaged in a way that indicated the structure would be unable to withstand higher loads". [Full Article...]

China says it will carry out tariff cease-fire with US

China says it will carry out tariff cease-fire with US China and the USA have highly overlapping interests in economic and trade issues and share complementarity in structural demands, MOC spokesman Gao Feng told a press briefing. China has said it will import more United States products to reduce its trade surplus, but no dollar amount has been publicly discussed. "We will start with agricultural products, energy, automobiles to immediately impleme... [Full Article...]

DoubleLine's Gundlach: Treasury curve inversion signal 'economy poised to weaken'

DoubleLine's Gundlach: Treasury curve inversion signal 'economy poised to weaken' WASHINGTON-Top U.S. Federal Reserve officials say a strong economy will likely keep their rate increase plans intact, but on December 3 a key signal began to waver that may intensify debate about whether conditions are as solid as they seem. [Full Article...]

China prepares to resume LNG and soybean imports from the US

China prepares to resume LNG and soybean imports from the US China has said that Beijing and Washington will push forward with trade negotiations in the next 90 days and it is confident that an agreement can be reached but doubts remain over whether the two sides can resolve their deep differences. According to agreement, China agreed to buy a "very substantial" amount of agricultural products, industrial, energy and some others too from the USA in order to... [Full Article...]

The best USA companies to work for

The best USA companies to work for One Googler in NY notes that the company's growing pains include "bureaucracy, slow to respond to market threats, bloated teams, cross-divisional tension, though nothing remotely approaching Microsoft's internal tension ". Technology and health care were the sectors with the most companies in the top 100 on the list, while San Francisco and New York City were home to the most top 100 company ... [Full Article...]

Burger King trolls McDonald's with 1 cent burger promotion

Burger King trolls McDonald's with 1 cent burger promotion Funny: The app will then redirect the customer to the nearest Burger King . According to Thrillist.com, McDonald's has yet to weigh in on whether they think Burger King's Whopper Detour gimmick is a bunch of crap. The deal will run until 12 December and customers can only access it once. The Miami-based fast-food restaurant chain debuted the promotion Tuesday. [Full Article...]

United States stocks tumble more than 3% on trade, growth worries

United States stocks tumble more than 3% on trade, growth worries The wave of selling erased the market's gains from a day earlier, when stocks rallied on news that the USA and China had agreed to a temporary truce in their trade dispute. Trade-sensitive shares were undermined by a failure by Donald Trump's aides to detail the deal that he said he had struck with China, eroding confidence in the agreement, which still doesn't exist on paper and hasn't been confi... [Full Article...]

Huawei CFO arrest outrages China and rattles markets

Huawei CFO arrest outrages China and rattles markets Perhaps the most striking detail of the arrest of Huawei executive Meng Wanzhou in Canada was that it took place on the same day that leaders from the U.S. The Wall Street Journal reported this year USA authorities are investigating whether Huawei violated sanctions on Iran . But Trump issued a reprieve, possibly in part because U.S. [Full Article...]

Huawei's global chief financial officer arrested in Vancouver

Huawei's global chief financial officer arrested in Vancouver Meng Wanzhou, also known as Sabrina Meng, is not only Huawei's chief financial officer and deputy chairwoman, she is also the daughter of Ren Zhengfei, founder of the Chinese telecoms giant. Vigneault's speech comes shortly after three members Five Eyes intelligence-sharing alliance - New Zealand , Australia , U.S. - opted to ban carriers in their jurisdictions from purchasing telecommunicatio... [Full Article...]

Saudi Arabia works on convincing Russian Federation to join oil cuts

Saudi Arabia works on convincing Russian Federation to join oil cuts Iranian oil minister has lashed out at U.S. special representative for Iran Brian Hook over his "meddlesome" meetings with members of the Organization of Petroleum Exporting Countries in Vienna , asserting that OPEC is an independent body that does not take orders from the US. [Full Article...]


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