Legal pot points to woes at USA border

17 Sep, 2018

In its report, Politico spoke with Todd Owen, executive assistant commissioner for the Office of Field Operations, who said that border officials are not planning to go out of their way to interrogate every Canadian traveller about marijuana use, but there will be factors may cause them to raise the topic.

Amazon CEO says 'HQ2' decision will be announced before end of year

14 Sep, 2018

Organisations will be given grants for "doing compassionate, needle-moving work to provide shelter and hunger support to address the needs of young families". Bezos said he and Marty Baron, the Post's editor, remind journalists that despite the commander-in-chief's attacks on the media, the paper isn't at war with the Trump administration.

Canada's Freeland to hold NAFTA talks on Tuesday as time runs short

14 Sep, 2018

Freeland said on Friday she and Lighthizer were making "very good progress" in talks to save NAFTA amid increasing Canadian optimism that a deal can be reached. Senate Democratic leader Chuck Schumer, who wants more Canadian access for milk producers from the northern part of his home state of NY. The in-person, high-level negotiations got back underway as events marking the 17th anniversary of the 2001 attacks took place around the USA, including at the Pentagon with Vice President Mike ...

Rupee plunge, crude oil spike to give states Rs 22,700 crore windfall

12 Sep, 2018

On Monday, the petrol per litre in Andhra Pradesh were sold at Rs ₹ 85.60 and diesel at Rs 79.22 per litre. Likewise, the diesel price went from Rs 62.98 per litre in 2014 to Rs 79.98 at present. The bench was hearing a PIL by Delhi-based designer, Puja Mahajan, challenging the daily rise in fuel rates and seeking a direction to the Centre to fix a fair price for petrol and diesel by treating them as essential commodities.

White House Corrects Trump’s Tweet on GDP, Unemployment

12 Sep, 2018

Economists do not usually compare the GDP rate, which measures the pace of economic growth, with the unemployment rate in that way. The president claimed the GDP rate was the highest in 100 years. Hassett said he suspected someone "added a 0" to the fact as it was "conveyed" to the president. "It wasn't him." He added that the recovery under Mr.

USA companies bemoan impact of Trump trade tariffs

11 Sep, 2018

Ford added in its statement that it's committed to "growing its US vehicle lineup - including introducing all-new trucks, utilities, hybrids and fully electric vehicles". China's trade surplus with the United States widened to a record in August even as the country's export growth slowed slightly, an outcome that could push President Donald Trump to turn up the heat on Beijing in their cantankerous trade dispute.

Congress Bharat Bandh evokes mixed response; BJP calls it failure

11 Sep, 2018

Delhi's state government was receiving Rs 15.68 per litre as VAT/sales tax on petrol sold on April 1. After refusing any cut in sales tax for over two years, the LDF government finally slashed the sales tax. "The objective to observe bandhwas not to trouble people, but to fight for their cause as they are living in the most trying times", said Karnataka Pradesh Congress Committee President Dinesh Gundu Rao, according to NDTV .

Elon Musk Smoking Weed with Joe Rogan

10 Sep, 2018

The move came a day after CEO Elon Musk appeared in a live webcast with entertainment host Joe Rogan , in an interview which some deemed "self-destructive" and "out of control". " Elon Musk is just smoking it out in the open, knowing that he uses his very vague drug policy as a way to fire people that are a threat to him". The price dipped as low as $254.02 before rebounding to the $260-$270 range at midday.

Alibaba's Jack Ma to step down in September 2019

10 Sep, 2018

The succession plan will unite Alibaba's two biggest roles for the first time since Ma gave up his CEO title in 2013 to focus on being chairman and groom lieutenants, including Zhang, a Shanghai-educated certified accountant. On September 3, the Andhra Pradesh Economic Development Board (APEDB) signed a Memorandum of Understanding (MoU) with Alibaba Cloud to adopt cloud computing frameworks within the government model.

Trump says he’s ready to hit China with $267bn in additional tariffs

10 Sep, 2018

Even with US tariffs targeting $50 billion of Chinese exports in effect for their first full month in August, China's exports to the United States still accelerated, growing 13.2 percent from a year earlier from 11.2 percent in July. The president, speaking to reporters aboard Air Force Once, said he's in the middle of reshaping America's trade policy on a number of fronts, from Canada and Mexico nearby, to China, South Korea and Japan overseas.

CBS board discussing Moonves exit, a clearer way for a sale

09 Sep, 2018

The board wants to be able to take back some of the compensation if the harassment allegations against Moonves are confirmed, CNBC said. CNBC is reporting that Leslie Moonves in now in settlement talks with the CBS board of directors about leaving the company.

Trump turns up the heat in trade conflict with China

08 Sep, 2018

The number missed analysts' forecasts that shipments from the world's largest exporter would rise 10.1 percent, slowing only slightly from 12.2 percent in July. And I hate to say that, but behind that, there's another $267 billion ready to go on short notice if I want. "That totally changes the equation". Kudlow's comments indicated the United States is looking for a deal with China to end the trade war between the world's two biggest economies.

Mercedes to launch an all-electric vehicle in challenge to Tesla

08 Sep, 2018

In the more economical driving modes, the haptic accelerator pedal that prompts the driver to conserve power plays an important role. The company meant to invest 10 billion euros ($12 billion) in its electric-vehicle push but has ended up spending "more than that", he said, without specifying figures.

Bitcoin falls off a cliff again as cryptocurrency slump deepens

08 Sep, 2018

Cryptocurrency markets seemed to respond negatively to the news. The next key level to watch for Bitcoin is US$5,000, according to Innes, who said a drop below that threshold may cause losses to accelerate. Instead, the bank will reportedly focus on a custody product for digital currencies created to serve large, institutional clients. "Their name carries weight across the globe", said Ryan Rabaglia, head trader at digital asset brokerage OSL in Hong Kong, referring to Goldman Sachs .

Trump warns of tariffs on another $267 billion of Chinese imports

08 Sep, 2018

Mobile phones, the biggest United States import from China , have so far been spared, but would be engulfed if Trump activates the $US267 billion tariff list. "The Chinese, you know, may find themselves more isolated if they don't come into the global process", Kudlow said in an interview with CNBC . "But I will say this: the world trading system is broken".

Nafta Talks Restart as Trump, Congressional Clock Boost Pressure

07 Sep, 2018

Canadian officials have lately adopted an adamantly nationalist stance in trade negotiations, with Canada's foreign minister Chrystia Freeland pointing out that she is "paid in Canadian dollars". European officials are watching the NAFTA negotiations closely for a sign of how Trump and his team will approach trade talks with Europe. The battle with Canada is building as the White House also prepares to roll out new tariffs on products from China that make up some US$200 billion in annual ...

Magnitude 6.6 Earthquake Strikes Northern Japan Near Major City

06 Sep, 2018

In Tokyo, the central government said the Self-Defence Forces will dispatch 25,000 personnel for relief operations at the request of the governor of Hokkaido. Authorities believe it could take up to a week to fully restore power on the island. This coal-fired power plant supplies half of the electricity to Hokkaido's households.

Two friends pull off epic prank at a Texas McDonald's

06 Sep, 2018

Surprisingly, the outlet seemed to have no clue about the fake installation almost two months later. But when the moment came, they were ready and the poster went up without a hitch. "It fit me perfectly", he said. Jevh also shared how the prank unfolded in a YouTube video posted on Sunday. As of Tuesday morning, Maravilla told USA TODAY the advertisement was still hanging in the restaurant.

Black Democrat takes aim at Trump after beating 10-term incumbent

05 Sep, 2018

Ayanna Pressley is heading to the US Congress in the latest remarkable upset in this year's primaries in advance of the November midterm elections. Pressley's upset Tuesday night marked the latest victory for progressives against Democratic establishment candidates. The 7th District encompasses Boston's residential neighborhoods and its surrounding suburbs, with large Hispanic, black and Asian populations, and is the state's only majority-minority district.

Amazon's Stock Value Has Crossed $1 Trillion, Joining Apple

05 Sep, 2018

Amazon is the second corporation to exceed $1 trillion in value after Apple, which crossed the threshold on August 2 . "This heady pace of creativity is the key reason why it stays several steps ahead of the market and is able to generate so much growth", Saunders said.

Amazon Won’t Be Second to Apple for Long

04 Sep, 2018

It's an accomplishment for Chief Executive Officer Jeff Bezos, who is the world's wealthiest person. Amazon on Tuesday became the second U.S. public company after Apple to hit the $1 trillion valuation mark. It began the day needing just over $18bn worth of net value to reach $1trn - a month after Apple won the race to be the first company with such a market capitalisation.

Energy Department intervenes to keep petrol price increase down

03 Sep, 2018

Petrol and diesel prices have set a new record, pushed by a combination of the dramatic fall in rupee and a sharp rise in crude oil , resurrecting the demand for lowering of duties on the fuel. The rupee-dollar exchange rate has dropped to an all-time low of Rs 71.42 to a dollar on August 31. The fall in rupee could be attributed to the surge in global oil prices, with crude oil gaining United States dollars 7 a barrel in a fortnight driven by fears over US-China trade war and the US ...

China announces $60 billion ‘no-strings attached’ investment towards projects in Africa

03 Sep, 2018

This is the third such summit; the first was in Beijing in 2006 and the second was held in South Africa three years ago. "We are confident that this initiative, which effectively complements the work of Focac, will reduce the costs and increase the volume of trade between Africa and China", he said.

Argentina Asked for IMF Loan as Financial Crises Aggravates

03 Sep, 2018

Still, many in Argentina blame the International Monetary Fund for encouraging fiscal policies that escalated the country's worst economic crisis in 2001 when it suffered a record $100 billion debt default. At one point, a single dollar could buy more than 41 Argentine pesos. Onerous borrowing costs combined with government spending cuts and a drought that crippled Argentina's agricultural sector this year have slammed Latin America's third-largest economy.

Lego makes a driveable full-sized Bugatti Chiron

01 Sep, 2018

The slick supercar can reach max speeds of up to 261 mph-not because the engine can't go faster, but because its tires can't safely withstand higher speeds . Stores and parks will feature the exciting design for viewers to see in person and it will be officially unveiled first at the Grand Prix Forumla 1 race in Monza in Italy on Sunday.

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