Business

Trump's Fed picks still undergoing White House vetting, top adviser says

Trump's Fed picks still undergoing White House vetting, top adviser says The 73-year-old said it was not clear if he will pass the ongoing Federal Bureau of Investigation background check, a standard practice before a high-ranking nomination. Cain led opinion polls for a while during the Republican nominating contests, buoyed by his signature 9-9-9 tax proposal, which would have levied a flat 9 percent corporate, income and sales tax. [Full Article...]

Debenhams on brink of administration

Debenhams on brink of administration Street in Arc leading up to Debenhams. Ashley's Sports Direct already owns very almost 30 per cent of Debenhams, although the chain is in the final stages of doing a deal with its lenders that would hand banks and hedge funds ownership of its assets - in return for writing off its debts. [Full Article...]

Uncertain future for Scarborough's Debenhams as retail giant goes into administration

Uncertain future for Scarborough's Debenhams as retail giant goes into administration The company announced today that the group is unaffected, and that "all businesses are continuing to trade as normal". A spokesman for the company's pension schemes said the schemes had been transferred to the newly incorporated company. Sports Direct declined to comment. The company has previously snubbed an offer from Mr Ashley for a £150m interest-free loan. Mr Ashley's attempts to take c... [Full Article...]

FCA paying Tesla hundreds of millions to comply with EU CO2 regulations

FCA paying Tesla hundreds of millions to comply with EU CO2 regulations The European Commission website shows that FCA formed the pool with Tesla on February 25. PA Consulting predicted in 2018 that FCA was on track to miss this 95 g/k target by 6.7 g/k, which Jefferies, a multinational investment firm, says could land FCA more than €2 billion ($2.2 billion) in fines. [Full Article...]

London ULEZ ‘will NOT stop new dirty diesels’

London ULEZ ‘will NOT stop new dirty diesels’ Most vehicles - including vans, minibuses and motorcycles - are subject to the £12.50 rate while lorries, buses and coaches will have to pay a daily fee of £100. There has been concern that poorer motorists, small businesses and charities will be unfairly stung by the charge as they are less able to afford to upgrade their vehicles. [Full Article...]

UK Issues Passports Without ‘European Union’ On Cover

UK Issues Passports Without ‘European Union’ On Cover She said: "I was just surprised - we're still members of the EU". British passports are being issued with the words 'European Union' removed from the front, despite the United Kingdom still remaining a member of the bloc. The passport service has clarified that regardless of what the cover says, both designs are equally valid for travel for British citizens. The Home Office said the inclus... [Full Article...]

Gender Pay Gap Reporting-Happy Anniversary?

Gender Pay Gap Reporting-Happy Anniversary? Jefferies, for example, reported a gender pay gap of just under 50%. As in many other countries, gender pay inequality has been a persistent problem in Britain despite sex discrimination being outlawed in the 1970s. In addition to a "motherhood penalty" and behavioral biases, the IA said that in financial services, there were "limitations in real meritocracy". The gender pay gap reporting requ... [Full Article...]

Carlos Ghosn: Nissan ousts former boss from its board

Carlos Ghosn: Nissan ousts former boss from its board Mr Ghosn , 65, the former Nissan Motor and Renault boss, was rearrested at his Tokyo flat this week on suspicion that he had tried to enrich himself to the tune of $5 million at Nissan's expense. This time, the prosecutors sent request to a Japanese court, which has the power to call and question a witness, who refused to voluntarily testify in a prosecutor's office. [Full Article...]

Brent rolled back from $ 70 due to rising United States crude stocks

Brent rolled back from $ 70 due to rising United States crude stocks Worldwide benchmark Brent crude fell slightly from Wednesday's highs to $69.45 at 1222 GMT on Friday, while American benchmark West Texas Intermediate ( WTI ) saw prices of $62.03. Venezuela depends on the upgraders, which are mostly operated by joint ventures with foreign companies, to convert the extra-heavy crude oil produced in the Orinoco Belt into exportable grades usable in overseas ref... [Full Article...]

German auto firms ‘colluded to delay emissions tech’

German auto firms ‘colluded to delay emissions tech’ A statement by BMW confirmed only that the company had received "a so-called statement of objections from the European commission ". Allegations of a cartel emerged in Germany's Spiegel magazine, which reported that VW, Daimler and BMW met starting in the 1990s to coordinate activities related to vehicle technology, costs, suppliers and strategy as well as diesel-emissions controls. [Full Article...]

Dazed and confused: States push for clarity on CBD

Dazed and confused: States push for clarity on CBD The FDA has oversight of CBD because it is the active ingredient within an approved prescription medication to treat seizure disorders. The agency says CBD can't be added to food or sold as a dietary supplement because officials haven't determined if it's safe or effective for other conditions. [Full Article...]

German February industrial output rises on construction surge

German February industrial output rises on construction surge Five leading German economic research institutes have significantly lowered their forecast for German economic growth in 2019 in a joint economic outlook presented on Thursday. But for now at least, the construction sector is helping to lend the services sector a helping hand in carrying the economy. Its export-orientated economy is being slowed by the trade and Brexit headwinds. [Full Article...]

Brent edges further away from $70 level on build in U.S

Brent edges further away from $70 level on build in U.S The most active crude oil contract for May delivery was down 2.3 yuan (0.34 US dollar) to close at 469.0 yuan a barrel. Brent has gained almost 30 per cent this year, while WTI has risen almost 40 per cent, underpinned by production cuts and USA sanctions against Iran and Venezuela. [Full Article...]

Ford Mustang Mach-E, Emblem Trademarks Hint At Electrified Future

Ford Mustang Mach-E, Emblem Trademarks Hint At Electrified Future Following the patent filing for the Mach E and Mach-E monikers in December 2018, Ford has taken a step further by trademarking the Mustang Mach-E name, suggesting that an electrified Mustang is in the works. The Mustang isn't going anywhere, but that doesn't mean it won't change with the times, possibly with the 2022 update that might include the Hybrid Mustang . [Full Article...]

US adds 196,000 jobs in March; unemployment steady at 3.8%

US adds 196,000 jobs in March; unemployment steady at 3.8% The Labor Department reported a drop of about 10,000 in jobless claims, bring the overall number to roughly 202,000, the lowest number on record since December 6, 1969. Employment in construction showed little change in March (+16,000) but has increased by 246,000 over the past 12 months. Restaurants and bars also did a lot of hiring last month, adding 27,000 positions. [Full Article...]

Strong justification needed for long Brexit Delay — EU's Barnier

Strong justification needed for long Brexit Delay — EU's Barnier She has repeatedly said she did not want an extension which would see Britain having to take part in European Parliament elections on May 23. The big question is whether the PM can keep her Brexiter cabinet ministers on board. Britain could leave following the summit with no road map two days from the EU. May has always insisted Britain must leave the EU's single market and customs union in or... [Full Article...]

Constellation tops sales, profit estimates on Corona, Modelo strength

Constellation tops sales, profit estimates on Corona, Modelo strength Brands like Kim Crawford, Meiomi, Ruffino, The Prisoner, High West, and Svedka continue to make gains, and innovations like Robert Mondavi Private Selection Rum Barrel Aged Merlot, 7 Moons, and Cooper & Thief are also on the rise. The company expects to complete this divestiture by the end of the first quarter of fiscal 2020. It was reported last month that Constellation was nearing a deal to se... [Full Article...]

Amazon plans to launch satellites to offer broadband internet

Amazon plans to launch satellites to offer broadband internet Amazon intends to launch a constellation of 3,236 satellites into low Earth orbit so as to give web access to "unserved and underserved networks across the world". The company only said it'll be years before the service is available. Bezos will transfer 25 percent of his existing stake in Amazon to MacKenzie, but keep "sole voting authority" over those shares. [Full Article...]

Sales of new cars fall as United Kingdom consumers continue to shun diesel

Sales of new cars fall as United Kingdom consumers continue to shun diesel The industry body said 458,084 new vehicles were sold last month - a key selling period in Britain as it is one of only two times every year when new registration plates are released. "Our latest research found that 78% of people believe that vehicle emissions are a significant problem in the United Kingdom, highlighting the strong potential for AFV growth throughout 2019". [Full Article...]

Hunt's recalls limited amount of tomato paste

Hunt's recalls limited amount of tomato paste The specific cans in question contain the item UPC "00-0-27000-38807-5", case UPC "00-0-27000-38809-9", case batch/item code "5291902510" and item batch/lot code "2105902510". If you bought this product, you are advised to not use it and throw it away or return it to the originally store where it was purchased. Representatives at Conagra Brands did not immediately respond to PEOPLE's reque... [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59  Next »