Money

United States unveils tariffs on extra US$200 bln of Chinese imports

It gave no details. "China stands in line with the global community on the correct side of history to together protect the rules of the multilateral trade ord...


Elon Musk sends engineers to help Thai cave rescue mission

Gen. Chalongchai Chaiyakam, says that the most pressing mission now is to provide an oxygen line to reach the kids. Musk tweeted the announcement after an...


China blames U.S. for ‘largest-scale trade war’ as tariffs kick in

China's Ministry of Commerce on Friday accused the US of "launching the biggest trade war in economic history" in a statement (link in Chinese). There was...


$2.3 billion of MI exports threatened by tariffs

Many are targeted specifically at states that have been supportive of Trump. "Doc used to take showers with the team even though he didn't do any workouts, and...


Twitch Giving Away 21 Free Games to Amazon Prime Members

What's more, Amazon will also kick off twice as many deals on its own hardware products as it did past year -just the flawless time to get that Amazon Echo , ...


Lance Stephenson joining LeBron on Lakers

Los Angeles is a pretty lucky place. None of this would have happened if LeBron James did not agree to come back home and lead the Cavaliers to the promi...


Tesla Builds 5000 Model 3s In The Final Week Of June

Tesla finally met the production goal for its mass-market Model 3 electric vehicle - producing 5,000 in one week. Tesla made true on its promise of buildin...


Canadians Rally Around Retaliatory Tariffs Aimed At The U.S.

These tariffs will target USA steel and aluminum products, in direct retaliation for the new US tariffs on raw steel and aluminum from Canada, as well as coffee...


A final good-bye: Toys R Us closes its doors forever

In the wake of this historic retail event, a photo of the store's mascot, Geoffrey the Giraffe, standing in an empty store with a suitcase, is going viral ...


Harley-Davidson moving some production overseas after retaliatory tariffs

Harley said in a Monday filing that European Union tariffs on its motorcycles built in the USA just jumped from 6% to 31%, adding roughly $2,200 to the cost...


Supreme Court closes online sales tax loophole

Now, states can push ahead with legislation requiring companies to collect and remit sales taxes for goods bought online elsewhere. Those retailers understandab...


Etsy sellers confront unknowns after Supreme Court ruling

The nation's top court ruled on Thursday that states can collect sales taxes for purchases from businesses not within their borders. In addition to being a wi...


Canada Legalizes Recreational Cannabis

His government introduced legislation previous year in a bid to make Canada the second country in the world to legalise cannabis, after Uruguay . The Prime...


European Union tariffs target United States goods from motorbikes to jeans

The imposition of tariffs has raised the specter of a full-blown trade war, which could be costly to consumers, jobs and the global economy. If the trade disput...


European Union tariffs on U.S. products have gone into force

Malmström added that if the US removes its tariffs, the European taxes would also be lifted. The Commission formally adopted a law putting in place the duties...


Oil prices slip on expectations of rising OPEC, Russian supplies

But, some OPEC members don't want to increase the output since it would put pressure on Oil prices which have already been declining recently, as we mentioned...


Dollar rises above ¥110.50 in Tokyo on euro weakness

The euro was last down 1.37 percent to $1.1628, while the dollar index, which measures the greenback against six top currencies, rose 0.85 percent. Our week o...


Elon Musk’s Boring Company will build high-speed Chicago train

The announcement is a major step for The Boring Company , which was started in 2016 by Tesla and SpaceX CEO Elon Musk. At a news conference with Emanuel,...


Amazon Prime expands free Whole Foods delivery service to Philly

Amazon plans to roll out the discounts to all US stores by this summer. Whole Foods is expanding its Prime-exclusive discounts to Alabama and nine other state...


AT&T approval boosts stocks of possible merger targets

Using unusually strong language, Leon said it would be "manifestly unjust" for the government to ask him to put his own ruling on hold, because if he were to ...


Here’s Why IHOP Has Flipped Its Name to ‘IHOb’

A flagship IHOb restaurant in Hollywood, California, has been rebranded and will host a "VIB launch party" Monday evening, the company said in a press releas...


Kim Jong-un, Trump arrive in Singapore ahead of landmark summit

Last year, the North made one of the biggest breakthroughs in its missile and nuclear weapons programs - which it says it needs to defend against the risk of a ...


Summit With North Korea "One-Time Chance" For Peace, Says Donald Trump

Trump has said he believes Kim would agree to denuclearization - and Secretary of State Mike Pompeo said Thursday he had received Kim's personal assurances to...


Microsoft just put another data center underwater

The company has already experimented with one such data centre back in 2016 with a 30-foot Natick pod situated near the coast of California to test the feasib...


US, China reach $1.4 billion sanctions deal over ZTE: Commerce Dept

Both Senators Rubio and Schumer, who have been sharply critical of the administration's plans to ease the penalties on ZTE, attacked the deal Thursday. "The tot...


Mnuchin urged Trump to exempt Canada from steel and aluminum tariffs

Canadian Prime Minister Justin Trudeau called the tariffs "totally unacceptable" and "an affront" to Canadian soldiers who have served alongside Americans i...


Deep divisions over United States trade policies at G7 finance ministers meeting

The Xinhua statement instead said that details of implementing the Washington consensus were subject to confirmation by both sides. US Commerce Secretar...


Crude oil prices claw back losses, but record U.S. output weighs

The more active August contract rose 0.3 percent. During the said week, Organization of Petroleum Exporting Countries ( OPEC)'s basket price stood at $76.4...


Kudlow: Trade Dispute Could Jeopardize Jobs Growth

The May jobs report showed the US economy added 223,000 jobs compared with an average monthly gain of 191,000 over the prior 12 months, and that the unemplo...


European Union to refer China to trade body in tech spat

He has argued that global oversupply of steel and aluminium , driven by China, threatens United States steel and aluminium producers, which are vital to the ...


Walmart offering patrons free donuts on National Donut Day

Walmart: Visitors to Walmart stores on Friday might get a free doughnut when they pass the bakery section of the store. You get a free doughnut of your ch...


Tesla Model 3 gets CR recommendation after OTA brake update

Prior tests measured the braking distance at 152 feet. So for Tesla to make good on Musk's promise, it may need additional updates to the braking software. Mu...


Fraudsters May Have Taken Data at CIBC's Simplii, BMO

Any customers who notice any suspicious activity should contact the bank . Royal Bank, Scotiabank and Toronto-Dominion Bank said they have no indication they h...


Crude Prices Mixed After Last Week's Drop

Oil prices came under pressure last week after media reports that the Organization of the Petroleum Exporting Countries and Russian Federation are discussing...


Service dog gives birth in Tampa airport

The dog and her owner were on the way to Philadelphia, but the puppies had other ideas. Dozens of travelers at the airport were gathered around watching the...