Boring Company to build Chicago high-speed airport link

15 Jun, 2018

As for how much it would cost Chicago travelers to ride on the system, the Boring Company says that while it's not yet finalized, the fare "will be less than half the typical price of taxi/ride-share services", but higher than the city's Blue Line train from O'Hare - which now costs $5, as a special fare.


Ethereum NOT a Security According to SEC

15 Jun, 2018

A SEC spokesman has stated in a recent speech that Bitcoin (BTC) and Ethereum ( ETH ) are not securities, however, ICOs are securities and they are therefore under the regulatory purview of the SEC. This statement clears the way for other currencies not to be considered as securities either, which would be a major boost for the continued decentralization of the crypto space.


McDonald's to switch to paper straws in United Kingdom after customer concerns

15 Jun, 2018

But other United Kingdom food chains have already ditched plastic straws from their restaurants. It follows a successful trial at a handful of venues from April. Pizza Express said it would replace all plastic straws with biodegradable ones by summer 2018. The move by McDonald's comes as plastic waste has come under fire globally, particularly for contributing to ocean pollution and harming birds and sea mammals.


Nationwide Salmonella outbreak linked to Honey Smacks

15 Jun, 2018

There have been no deaths reported so far. A "best if used by" date from June 14, 2018 through June 14, 2019 that can be found on the box top. The boxes will also have a UPC code of 3800039103 for the 15.3-ounce box. If you have purchased the cereal, you should throw it away or contact the company for a full refund. The illness can last four to seven days but can be especially serious for young children, frail or elderly people and others with weakened immune systems.


USA targets Chinese tech with a 25 percent tariff

15 Jun, 2018

President Trump on Friday announced tariffs of 25 percent targeting $50 billion in Chinese imports from "industrially significant" technologies - making good on a pledge to punish the alleged theft of United States intellectual property.


Minimum-Wage Earners Can't Afford 2-Bedroom Rentals in U.S.

15 Jun, 2018

But that's still nearly double the Arkansas minimum wage of $8.50. "In America today, almost 11 million families pay more than half of their limited incomes toward rent and utilities", Sanders writes. That means the average Utah renter pays 41% of the gross income on housing. According to the Joint Center for Housing Studies (2017), the number of homes renting for $2,000 or more per month increased by 97% between 2005 and 2015 with the new development of high-end apartments and rising ...


Bitcoin's Major Boost Was Likely Manipulated, Research Finds

14 Jun, 2018

Bitcoin's massive price run-up late a year ago may have been the result of a price manipulation campaign, according to a new study released on Wednesday. Other digital currencies like Ethereum and Litecoin soared at around the same time by as much as 64 percent. Although their findings don't definitively prove collusion or price manipulation, the Tether-Bitcoin buys had obvious benefits.


Italy Summons French Ambassador in Row Over Migrant Ship

14 Jun, 2018

The ship had been drifting in the central Mediterranean since Sunday, when both Italy and Malta closed their ports to it. Spain offered to welcome migrants aboard the Aquarius rescue ship after Italy and Malta refused to take them in. In Germany, the hardline interior minister, Horst Seehofer, pulled out of an integration summit hosted by the chancellor, Angela Merkel, saying Berlin should cooperate with Vienna and Rome in combating illegal immigration.


Fed Raises Rates and Signals Faster Pace in Coming Years

14 Jun, 2018

The Federal Reserve on Wednesday raised interest rates 0.25 points as the bank aims to prevent a tight labor market from driving inflation to unsustainable levels. The latest rate increase was in line with investors' expectations ahead of the release of the policy statement. The 3.8-percent jobless rate is close to the lowest level ever seen in the U.S.


India, China in talks to form bloc against Opec

14 Jun, 2018

While there are risks that could influence this estimate, including possibly higher prices, trade disruptions and a potential further strengthening of the United States dollar, the IEA said some governments are already considering measures to ease price pressures on consumers.


AT&T, Time Warner merger would create giant new media company

13 Jun, 2018

The fate of the AT&T-Time Warner merger, a massive media deal opposed by the government that could shape how much consumers pay for streaming TV and movies, rests in the hands of a federal judge. Before the trial started, AT&T lawyers said the Time Warner deal may have been singled out for government enforcement but Judge Leon of the US District Court for the District of Columbia rejected their bid to force the disclosure of White House communications that might have shed light on the matter.


IHOP reveals the mystery of IHOb

13 Jun, 2018

On Monday, IHOP said the "B" stood for burgers , confirming a report from Business Insider's Matt Weinberger , who had spotted signs promoting burgers at a location in Daly City, California. IHOP's splashy but temporary renaming to IHOb is burning up the Twitter trending charts and drawing smack talk from the likes of Wendy's , Denny's and even beef sandwich-fillings brand Steak-umm.


Extras on Trump-Kim summit handed out in Tokyo

13 Jun, 2018

What alarmed them more was Trump's throwaway promise to end " war games " with South Korea , which he described as " very expensive " and "very provocative ". Mattis has repeatedly stressed that any reduction in troops would be a decision that only Washington and Seoul could address. "We can see the summit as the first step in that process", Ross said, "even if he didn't mean it".


North Korea leader Kim arrives in Singapore ahead of Trump meeting

12 Jun, 2018

Flattery and Threats Trump, a former real-estate developer, has approached his meeting with Kim like a business negotiation - with flattery, flashy promises and flexible terms juxtaposed with constant threats to walk away from the table. Trump, who is offering to reduce economic sanctions on North Korea in exchange for denuclearisation, also seemed to warn Kim that the summit is a "one-time opportunity" that should not be wasted.


Boring Co.'s "Not a Flamethrower" Still Ignites Excitement

12 Jun, 2018

Maybe the family that burns together stays together. As such, Musk and SpaceX engineer Steve Davis thought that it would be a much better idea to do custom deliveries of the flamethrowers for those that had purchased them, according to Teslarati .


Net neutrality rules are repealed. Here's what could happen next

12 Jun, 2018

For example, an ISP could charge a base fee for basic internet, and $5 extra for a social media package that includes Facebook and Twitter , or a $10 entertainment package that bundles in streaming music as well. The California state Senate passed a net neutrality bill on Wednesday. Poll after poll after poll after poll shows large majorities of Republican voters in opposition to the FCC's repeal.


North Korea's Kim visits Singapore's sky bar, gardens in surprise evening tour

12 Jun, 2018

Rodman is one of a handful of Westerners to have visited reclusive North Korea and met Kim. Media houses and analysts have had a lot to say on the 12 June summit , attempting to explain and highlight its significance. In Singapore , the island city-state hosting the summit, the sense of anticipation was palpable, with people lining spotless streets Monday waving cellphones as Trump headed to meet Singapore's Prime Minister Lee Hsien Loong.


Bitcoin tumbles most in two weeks amid South Korea hack

12 Jun, 2018

South Korea is one of the biggest markets for trading in digital currencies but the boom in their popularity has forced the government to tighten regulations, following similar moves in other countries. Global policy makers have warned investors to be cautious in trading the digital currency given the lack of broad regulatory oversight. South Korea has emerged as a hotbed for trading in virtual currencies over the past year.


IHOP reveals the ‘b’ in its new name, IHOb, stands for burgers

12 Jun, 2018

The "B" in question , of course, was that at the end of world renowned pancake emporium IHOP's announced new moniker, IHOB . A&W, Whataburger , Chili's and Denny's piled on with facetious name-changes and gibes about the new IHOB's burgers .


Verizon names former Ericsson chief as new CEO

11 Jun, 2018

McAdam, 64, will serve as executive chairman of the board through his retirement from the company at the end of the year. Both were contenders to succeed McAdam, but Walden resigned late past year after learning she was unlikely to be named CEO.


Oil prices extended losses on after JP Morgan cuts forecast

10 Jun, 2018

In similar fashion, the metal for delivery in July contracts was trading higher by Rs 32, or 0.73 per cent to Rs 4,387 per barrel in 272 lots. At this price point, Saudi Arabia will not seek to restrain Opec output and United States shale oil output would not be uneconomic.


MACRON’S MUTINY: French President TURNS on TRUMP Ahead of G7 Summit

10 Jun, 2018

May has criticised the tariffs and also opposes Trump's call for Russian Federation to be readmitted to the group of leading industrialised nations. Why are we having a meeting without them? But Sasse said Trump's complaints that other countries have taken advantage of the United States are unfounded, adding that he recommended "less whining on the global stage".


Trump, Trudeau swap jokes but hold firm in trade dispute

10 Jun, 2018

Mr. Trump said on Saturday that he had told the G7 leaders that the US required fair access to markets and an end to unfair trade practices. Canada , Mexico and the European Union all threatened retaliatory tariffs after their exemption status was lifted.


U.S. Strikes Deal to Help China's ZTE, Commerce Secretary Says

10 Jun, 2018

The team will monitor ZTE's adherence to us export control laws - an arrangement the department described as the most stringent requirements it has ever imposed. The deal will allow the company to restart operations after it pays a $1 billion fine and installs USA compliance officers to monitor its activity. Hopefully this time ZTE respects the wishes of the US government to not sell to banned countries and ultimately this may lead to China and the USA finally coming to a real ...


Trump blasts Canada, calls for Russian Federation to be returned to G8

09 Jun, 2018

The other G7 leaders - from Britain, Canada , France, Germany, Italy and Japan, as well as the presidents of the European Commission and European Council - have been trying to impress upon Trump the complexity of trade issues, insisting that his oft-repeated complaint about the trade imbalance between the USA and allies on many manufactured goods is only part of the picture.



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