Business

Woman 'humiliated' after being told to cover up on Thomas Cook flight

Woman 'humiliated' after being told to cover up on Thomas Cook flight Thomas Cook has since apologised to Ms O'Connor, saying "it's clear we could have handled the situation better". Later on, a spokesperson of Thomas Cook airlines apologized to the woman for their behavior. Although her cousin gave her a jacket to wear for the flight, O'Connor said the staff did leave until she "physically put it on". A University of Birmingham student has described her expe... [Full Article...]

Elon Musk shoots down USA regulator's complaint about his Tesla tweet

Elon Musk shoots down USA regulator's complaint about his Tesla tweet However, the US-firm has since announced plans to reverse the decision that would close the majority of its 378 stores globally. Unfazed by the fact that he's now legally feuding with the SEC for tweets regarding business operations at Tesla , Musk again took to the social media site on Tuesday to explain that Tesla "shouldn't have offered" lower prices on Model S and Model X vehicles. [Full Article...]

Wells Fargo CEO avoids major stumble at heated congressional hearing

Wells Fargo CEO avoids major stumble at heated congressional hearing The committee, led by bank critic Maxine Waters, has several freshmen Democrats who took swipes at Sloan including Alexandria Ocasio-Cortez, a leading voice of her party's progressive wing, and Ayanna Pressley, who likewise bashed corporate America during her campaign . [Full Article...]

Local businesses celebrate National Pi Day

Local businesses celebrate National Pi Day Or order an 11-inch pizza and get a second 11-inch pizza for $3.14. You can get a small pepperoni or cheese pizza for only $3.14, which is a sweet deal because it usually costs around $9, according to their website . Hungry Howie's - This chain is offering a one-toping medium pie for $3.14 but customers first have to buy a bread at regular price to be eligible for the offer and it's only av... [Full Article...]

Asia stocks to rise as U.S. gains

Asia stocks to rise as U.S. gains Despite China's slowing growth, Asian markets have had an impressive rally this year, with the MSCI index climbing about 10 percent largely after the U.S. The small-cap Russell 2000 Index lost 0.2 percent. Dow Jones closed up by 0.58 percent, S&P 500 ended up 0.69 percent, Nasdaq finished the day up by 0.69 percent. [Full Article...]

Johnson & Johnson to pay $42m in baby powder cancer payout

Johnson & Johnson to pay $42m in baby powder cancer payout The ruling sets an obvious precedent for the pharma and consumer goods giant as it faces thousands of lawsuits from other plaintiffs for similar reasons . Many of those cases allege that the talc is contaminated with asbestos and that Johnson & Johnson knew that its products were contaminated for decades, CNN reported . [Full Article...]

Facebook loses two key executives

Facebook loses two key executives A long-time Zuckerberg confidante, Cox's departure timing suggests he may not have been on board with the new corporate vision. "Most all my personal highs and lows of the last decade have been tied up in the journey of this company, with Mark, and with so many of you", Cox wrote in a post . [Full Article...]

Tesla Model Y: What We Know

Tesla Model Y: What We Know Model Y will be based on the same architectural platform as the Model 3 , the entry level Tesla , with which it also shares 75 percent of its parts. The Model Y is built to be fully compatible with the Supercharger V3 network , which supports charging at 250 kW. Tesla says that the Model Y will be about 10 percent larger than the Model 3 as well, and we'll guestimate around a 10 percent hi... [Full Article...]

Ethiopian air crash: France to analyse Boeing's black boxes

Ethiopian air crash: France to analyse Boeing's black boxes ANA plans to purchase 30 of the 737 Max 8 planes from 2021. The low-priced carrier, a launch customer of the MAX 8 in 2017, said it was servicing those flights with available 737-700s and 737-800s. In January, Boeing said it expected to report revenue between $US109.5 billion and $US111.5 billion in 2019. BEA said any information about the investigation would come from Ethiopian Airlin... [Full Article...]

Markets Right Now: Stocks end mostly higher; Boeing falls

Markets Right Now: Stocks end mostly higher; Boeing falls Trader Jeffrey Vazquez works on the floor of the New York Stock Exchange, Tuesday, March 12, 2019. Another slide in Boeing weighed on the Dow Jones Industrial Average . The share price drops helped push down the S&P/TSX industrials index by 0.76 per cent to be second only to the consumer discretionary index for losses on the day. [Full Article...]

WTI Crude Oil and Natural Gas Forecast

WTI Crude Oil and Natural Gas Forecast Market shortages have been exacerbated by U.S. sanctions on oil exports by OPEC members Iran and Venezuela . US West Texas Intermediate crude futures were at $58.54 per barrel, up $0.28 or 0.48%. A recent EIA forecast also showed that the United States would become a net exporter of crude oil and petroleum products on a monthly basis in 2019 and on an annual basis in 2020. [Full Article...]

Facebook says it’s resolved outage issues and denies attack

Facebook says it’s resolved outage issues and denies attack The New York Times recently reported that Facebook is putting a ton of resources into its own blockchain-fuelled payment system that could help it mitigate its reliance on advertising as its dominant source of revenue. A NY grand jury has subpoenaed records from two smartphone makers involved in the partnerships, anonymous sources told the newspaper. A spokesman for the social network said t... [Full Article...]

Celebrate National Pi Day 2019 with these deals

Celebrate National Pi Day 2019 with these deals Mountain Mike's is offering $5 off any "mountain-sized" pizza (that's a really big pizza) and $3 off any large-sized pizza. N, Seattle - Small apple, cherry, and oatmeal pies are on sale at the vegan bakery, with 15 percent of the proceeds going to the Technology Access Foundation. [Full Article...]

Three flights canceled by FAA order to ground Boeing's 737 MAX planes

Three flights canceled by FAA order to ground Boeing's 737 MAX planes Southwest shares are still down 2.4% since an Ethiopian Airlines 737 Max 8 crashed over the weekend, causing countries around the globe to ground the Boeing model. " We are supporting this proactive step out of an abundance of caution ", said Dennis Muilenburg, chief executive officer of Boeing. An American Airlines Boeing 737 Max 8 , on a flight from Miami to New York City, comes in for la... [Full Article...]

Dick's Sporting Goods to stop selling guns in 125 stores

Dick's Sporting Goods to stop selling guns in 125 stores The most recent financials show Dick's adjusted same-store sales dropped 3.1 percent in the 12 months that ended February 2 compared to the same period a year ago. Dick's reported net income of almost $103 million, down from $116 million the year before. The Coraopolis, Pennsylvania-based company posted revenue of $2.49 billion in the period, exceeding Street forecasts. [Full Article...]

More Than 1M Honda Vehicles Being Recalled Because Of Dangerous Air Bags

More Than 1M Honda Vehicles Being Recalled Because Of Dangerous Air Bags Honda uses a "Takata" airbag system uses ammonium nitrate for their airbag inflation. The latest recall applies to certain 2003 through 2014 model-year Acura and Honda cars and crossover SUVs built with Takata airbag inflators that may have been contaminated with moisture before they were installed. [Full Article...]

Saudi oil minister says no OPEC+ output policy change until June

Saudi oil minister says no OPEC+ output policy change until June EDT (1708 GMT). High drilling activity past year resulted in a more than two million barrels per day rise in production, to 12.1 million bpd reached this February, making the United States the world's biggest producer of crude oil ahead of Russian Federation and Saudi Arabia . [Full Article...]

Son’s ‘sad’ tweet boosts business for dad’s new doughnut shop

Son’s ‘sad’ tweet boosts business for dad’s new doughnut shop People who saw the tweet began to visit Billy's Donuts . "Just wanted to update y'all!" By's tweet amassed 275,000 retweets and 593,000 likes in short order and, as he announced less than 24 hours after the initial tweet, Billy's donuts had sold out of glazed and topped donuts, cinnamon rolls, and kolaches. [Full Article...]

Infiniti will exit western Europe to focus on US, China

Infiniti will exit western Europe to focus on US, China The move follow's Nissan's recent decision to build its new X-Trail model in Japan, instead of Sunderland . Infiniti announced on Tuesday that it is pulling out of the Western European market. A spokesman said that the targets could be met by Infiniti , like any other vehicle maker, with investment in electrified technology, but there was no viable way of the company to do so. [Full Article...]

USA government wants to break up Apple

USA government wants to break up Apple BuzzFeedNews reported that Facebook removed ads that were featuring a video with a thumbnail image of a Facebook logo. Tim Cook, Elizabeth Warren is coming for you. Facebook quickly backed off its removal of several ads from Sen. "But in their rise to power, they've bulldozed competition, used our private information for profit, and tilted the playing field in their favor". [Full Article...]


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