Divided America to cast midterm verdict on Trump's Presidency

07 Nov, 2018

The entire 435-member House of Representatives and a third of the 100-seat Senate are up for grabs. Another key House race is in California, where Democrat Harley Rouda is seeking to unseat longtime Republican incumbent Dana Rohrabacher in Republican bastion Orange County.


Lowe's to Close Dozens of Stories in 2019, says company

06 Nov, 2018

It was just over a year ago that Lowe's bought fellow Canadian home improvement retailer Rona. Other Lowe's-owned brands include Dick's Lumber, Contractor First and Ace Hardware. The locations are seen as under-performing and the company wants to focus on its most profitable operations. Sault Ste. Marie will lose both its Lowe's and Rona locations, while Sudbury is losing its Rona outlet.


Term elections 2018: Trump makes final bid for votes

06 Nov, 2018

However, the Democrats are expected to fall short of the two seats they need to win control of the Senate. Democrats are favored by election forecasters to pick up the minimum of 23 House seats they need for a majority, which would enable them to stymie Trump's legislative agenda and investigate his administration.


Amazon reportedly plans to split new headquarters between NYC and Virginia

06 Nov, 2018

Toronto was on the list as one of the candidates for Amazon's second North American headquarters. Northern Virginia was always a favored contender to receive HQ2 owing to its proximity to Washington D.C. The mayor's office has been leading tours of the area since April and convened officials from several New York City universities to outline ways to meet Amazon's needs, this person said.


Uhuru pushes for more trade with China during Shanghai trip

06 Nov, 2018

In a speech to a VIP audience, Xi said further opening to imports is a "sincere commitment" by Beijing. Xi said the import expo showed China's desire to support global free trade, adding - without mentioning the United States - that countries of the world must pursue open policies and oppose protectionism.


Iran urges United Nations to hold Washington accountable over 'illegal' sanctions

06 Nov, 2018

The price pressure on oil has scared off financial traders. United Nations monitors say Iran still abides by the deal, in which it agreed to limit its uranium enrichment in return for the lifting of worldwide sanctions. "But on oil, we want to go a little bit slow because I don't want to drive the oil prices in the world up", Trump told reporters at Joint Base Andrews outside Washington on Monday before leaving on a campaign trail for the mid-term polls.


USA midterms battleground states: These are the election races to watch

06 Nov, 2018

Trump blasted Democrats over immigration during a recent rally in Chattanooga. "But, in a way, actually he is". Donald Trump said on Monday (Nov 5) he wished he had taken a softer tone in his first two years as United States president, even as he continued to bash individual Democrats and fan fears over immigration while campaigning on the eve of congressional elections.


Amazon offers US customers free holiday shipping to compete with Target

06 Nov, 2018

It marks the first time in recent memory Amazon has removed the minimum order requirement promotionally for its free super-saver shipping tier, which has gone up and down over the years, from a high of $49 to its current low of $25. So long as shipping partners are not too backed up, that could mean right up to December 24 given that Amazon can do same-day delivery in select areas.


USA sanctions on Iran oil officially begins

05 Nov, 2018

Washington has indicated that it will increase its pressure on Iran gradually rather than forcing an immediate crisis as President Trump's renewed oil and financial sanctions take effect tomorrow. The reimposition of sanctions "is aimed at depriving the regime of the revenues it uses to spread death and destruction around the world", Pompeo said.


2 dead after Amazon building collapse in severe weather

05 Nov, 2018

Baltimore fire officials say a 50x50 foot wall collapsed as a storm hit the area around 10:30 that night. An Amazon official says the two people killed after part of a distribution warehouse in Baltimore collapsed amid severe weather weren't employees of the online retail giant, but worked for an outside company.


US job growth rebounds; strong annual wage gain expected

04 Nov, 2018

Most of the net new jobs in October came from health care, construction, and manufacturing, which has added 296,000 jobs over the past year. "It's a terrific report". For the prime-age population, the participation rate jumped to 82.3% from 81.8% in September. If employees are pleased with their higher paychecks, financial markets tend to get nervous when wages climb too much since they're believed to lead to inflation.


Trump predicts he'll make trade deal with China

04 Nov, 2018

The two leaders agreed the trade dispute "should be handled properly through substantial consultation", Lu said. "This is pre-election hype created to make the markets happy; there is no imminent deal with China", Greg Valliere, the chief global strategist at Horizon Investments, told Business Insider.


Tesla hit with SEC subpoena over Model 3 production targets

04 Nov, 2018

The expanding SEC probe could set up a new hurdle for a company that last month said it had finally resurfaced into profitability thanks to booming sales of the Model 3 . shareholders, including several US state investment officials, called on the company's board to make sweeping changes to its governance to enhance oversight of Chief Executive Elon Musk .


Apple to No Longer Share Unit Sales for iPhone, iPad and Mac

04 Nov, 2018

The company says the quarterly numbers and prices didn't necessarily tell investors how strong its business has been. Analysts were looking for $92.7 billion, according to data compiled by Bloomberg . Apple is now assembling iPhone 6S in India with its partner Wistron. Apple has responded by promoting software and services across its devices and raising prices on new gadgets.


Trump Hints China Trade Moves for Argentina G20 After Xi Call

03 Nov, 2018

China's Premier Li Keqiang, right, speaks next to Tennessee Senator Lamar Alexander during a meeting with a group of U.S. Republican senators and Congress members at Zhongnanhai leadership compound in Beijing , Thursday, Nov. On Wednesday, US Secretary of State Mike Pompeo said China was probably Washington's biggest long-term security challenge and the United States was engaged in a "multi-pronged effort.to convince China to behave like a normal nation on commerce" and respect global law.


Britain, EU strike financial services deal — BREXIT

03 Nov, 2018

UK Minister for the Cabinet Office David Lidington said negotiators were "very close", and that he hopes and expects that a deal will be secured in the next few weeks. However, Mr Raab insisted he is confident his government can get a "good deal". Bank of England Governor Mark Carney said a disruptive no-deal Brexit was not the central bank's main assumption but if there was a shock to the economy, it was not possible to say if rates would need to rise or fall in response.


United States regulators demand Tesla hand over information amid investigation into production forecasts

03 Nov, 2018

The news of the SEC investigation isn't too surprisingly as Tesla has previously revealed the Department of Justice had asked the company to voluntarily provide information about "certain projections that we made for Model 3 production rates during 2017 and other public statements relating to Model 3 production".


Oil prices fall on signs of rising supply, economy worries

03 Nov, 2018

Inventories are rising and the American Petroleum Institute reported US crude stocks rose 5.7 million barrels last week, above analysts' forecasts. "It is doubtful whether Iranian oil exports will fall much further from their current level, however", a report by Commerzbank AG said. Both benchmarks posted their biggest monthly percentage decline since July 2016 in October, with Brent down 8.8 per cent for the month and US crude losing almost 11 per cent.


Our country is going through a low point, PM Khan tells China

03 Nov, 2018

The project is meant to modernise Pakistani infrastructure and bolster the country economy by building various transportation networks, energy projects and special economic zones. His government has also entered talks with the International Monetary Fund over a potential bailout as it grapples with a balance of payment crisis and current account deficit.


Spotify family account users can get a free Google Home Mini

03 Nov, 2018

A nice little hardware hook to sell you on a service or bit of software. Starting tomorrow, November 1, the master account holder on any Spotify Premium for Family plan in the United States can get a Google Home Mini for the low low price of zero dollars.


United States curbs looming, India reduces Iran oil imports by 30%

02 Nov, 2018

Russian Federation is pumping oil at a post-Soviet high, USA crude output has topped 11 million barrels a day and a Reuters survey of OPEC production shows the group more than made up for any declines in Iranian shipments in October. Some sanctions took effect from 6 August, while those affecting the oil and banking sectors will start from 5 November. The United States is imposing new sanctions on Iran's oil industry after Washington withdrew from a nuclear deal between Tehran and other ...


#GoogleWalkout: Thousands of workers protest sexual harassment and pay inequality, demand changes

02 Nov, 2018

The New York Times revealed in late October that Google's Andy Rubin, a co-founder of Android, was offered $90 million upon leaving the company following an allegation of sexual harassment . Organizers of the walkouts said they expected more than 1,500 people - mostly women - to take part across almost two dozen Google offices around the world, according to a New York Times report Wednesday .


United States bans exports to Chinese DRAM maker citing national security risk

02 Nov, 2018

The Commerce Department appeared to side with Micron in its statement , claiming that the "likely US -origin technology" to be produced at the new Fujian plant would threaten "the long term economic viability of USA suppliers of these essential components of USA military systems".


Oil prices slip on rising supply, trade tensions

02 Nov, 2018

On Friday, crude oil futures ended up $0.26, or 0.4%, at $67.59 a barrel. The more-active January Brent contract fell 91 cents to end the session at $75.04 a barrel. The second one is global economic growth momentum slowing down", said IEA chief Fatih Birol. The U.S. dollar index .DXY also rose , supported by robust U.S.


The 'solar' roof on your Kia will soon charge your vehicle

01 Nov, 2018

Hyundai and Kia have just announced that they will be offering solar roof panels on their cars. Hyundai and Kia estimate that this solar roof can add between 30 and 60 percent of a battery's capacity over the course of a day - weather depending, obviously.



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