Trump claims he rejected a one-on-one NAFTA meeting with Trudeau

The 1994 deal underpins $1.2 trillion in annual trade between Canada, Mexico and the United States. Markets and business groups are openly fretting about the damage that a collapse could provoke. It's the first time in his presidency Trump has clearl... More..

by | Published 21 days ago
Italian fashion label Versace sold to Michael Kors
by | Thursday, September 27, 2018

Italian fashion label Versace sold to Michael Kors

The leader of the pack is every mom's favorite handbag maker, Kors. Investors were skeptical: Shares in Michael Kors dropped 7% on Monday. Another measure both brands should take is also separating Michael ...More..

Coke eyes cannabis-infused drink market
by | Tuesday, September 18, 2018

Coke eyes cannabis-infused drink market

The investment follows a deal a year ago in which Constellation acquired a almost 10 per cent stake in Canopy and the two companies agreed to collaborate on the development of cannabis-based drinks. The logo of...More..

by | Tuesday, September 11, 2018

U.S., Europe optimism helps global stock index dodge trade war dread

Shares of Apple Inc AAPL.O suppliers fell across Asia on Monday after U.S. President Donald Trump tweeted that the tech giant should make products in the United States if it wanted to avoid tariffs on C...More..

Trump Threatens Additional Tariffs on $267 Billion of Chinese Goods
by | Tuesday, September 11, 2018

Trump Threatens Additional Tariffs on $267 Billion of Chinese Goods

Imports of US goods rose 11.1 percent to $13.3 billion, decelerating from the previous month's 11.8 percent. AirPods headphones, some of Apple's Beats headphones and its new HomePod smart speaker also face ...More..

Trump calls on Apple to move production from China to US
by | Sunday, September 09, 2018

Trump calls on Apple to move production from China to US

All Apple had to do to avoid import taxes was to rebuild all of its manufacturing in the U.S. "Start building new plants now", he tweeted. The Trump administration has imposed tariffs of $50 billion on impo...More..

Canada braves Trump’s threats and insults in hopes of closing NAFTA deal
by | Saturday, September 08, 2018

Canada braves Trump’s threats and insults in hopes of closing NAFTA deal

NAFTA's Chapter 19 allows companies who feel wronged by anti-dumping, or countervailing duties, to have their issues settled by independent panels of experts from the countries caught in the dispute. The White...More..

E-commerce billionaire from China arrested in Minneapolis
by | Tuesday, September 04, 2018

E-commerce billionaire from China arrested in Minneapolis

Gray told Reuters that he expects his client won't end up being charged since he was released without charges or bail. The statement , contradicting USA police, added authorities found no evidence of misco...More..

Pres. Trump Asserts 'No Political Necessity' To Keep Canada In New NAFTA
by | Tuesday, September 04, 2018

Pres. Trump Asserts 'No Political Necessity' To Keep Canada In New NAFTA

He added: "Congress should not interfere with these negotiations or I will simply terminate NAFTA entirely & we will be far better off". "Today the president notified the Congress of his intent to sign a ...More..

China-Africa trade deficit prominent at conference
by | Tuesday, September 04, 2018

China-Africa trade deficit prominent at conference

China is offering US$60 billion in financial support and a debt write-off to impoverished African nations- no strings attached, Chinese President Xi Jinping said Monday. In addition, he said China will encour...More..

U.S., Mexico reach NAFTA breakthrough, clearing way for Canada's return
by | Tuesday, August 28, 2018

U.S., Mexico reach NAFTA breakthrough, clearing way for Canada's return

Trump, sitting behind the Resolute Desk in the Oval Office, attempted to take a phone call with Mexican President Enrique Peña Nieto to congratulate him on the agreement. He even added later in the day that h...More..

Money and loyalty: A look inside dramatic Trump-Cohen rift
by | Monday, August 27, 2018

Money and loyalty: A look inside dramatic Trump-Cohen rift

Federal prosecutors have said the reimbursement payments were for sham legal invoices in connection with a nonexistent retainer agreement. Cohen has stayed out of sight and has remained emotional since his pl...More..

Fed Signals Readiness to Hike Again If Economy Stays On Track
by | Thursday, August 23, 2018

Fed Signals Readiness to Hike Again If Economy Stays On Track

A day later, Dallas Fed President Robert Kaplan, who tends to align his views with those of Powell, released an essay that signaled he views another three or four rate hikes as "the best chance" for deliverin...More..

Gatwick Airport CHAOS: Flight information boards go down creating nightmare for passengers
by | Tuesday, August 21, 2018

Gatwick Airport CHAOS: Flight information boards go down creating nightmare for passengers

Airport staff have been forced to write important flight information on whiteboards around the airport, meaning passengers are huddling around the makeshift info points to find out gate numbers, flight times, f...More..

'We see your game and challenge it,' Erdogan says
by | Sunday, August 19, 2018

'We see your game and challenge it,' Erdogan says

Meanwhile, Erdogan told the AKP congress that Turkey would press on with and expand its cross-border military operations. U.S. President Donald Trump is condemning the detention of an American pastor in Tur...More..

More US sanctions for Turkey if they don't obey
by | Saturday, August 18, 2018

More US sanctions for Turkey if they don't obey

Memories of past emerging market crises, such as the Asian financial crisis of 1997 and Turkey's 2001 crisis, came back to haunt investors this week and prompted a wave of selling across emerging market asset...More..

Sarah Sanders Apologizes For False Claim About African-American Jobs
by | Thursday, August 16, 2018

Sarah Sanders Apologizes For False Claim About African-American Jobs

Sanders said at the briefing, "This president since he took office created 700,000 new jobs for African-Americans". "President Trump in his first year and a half has already tripled what President Obama di...More..

Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal
by | Wednesday, August 15, 2018

Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal

Tesla Inc and Chief Executive Elon Musk were sued on Friday by an investor who said they committed securities fraud in a scheme to "completely decimate" short-sellers that included Musk's proposal to take ...More..

Turkish lira plunges as Erdogan blames crash on 'political plot' against Ankara
by | Monday, August 13, 2018

Turkish lira plunges as Erdogan blames crash on 'political plot' against Ankara

Turkish President Recep Tayyip Erdogan on Saturday warned the United States that it risked losing a "strategic partner" due to demands made by the U.S. Turkish Treasury and Finance Ministry announced a...More..

Trump Re-imposes Sanctions on Iran
by | Friday, August 10, 2018

Trump Re-imposes Sanctions on Iran

Iran's envoy at the United Nations Gholamali Khoshroo said in an report published by The Guardian that the USA is making history not just by violating a United Nations Security Council resolution it voted f...More..

Pompeo: Sanctions to be enforced until Iran 'behaves like a normal country'
by | Tuesday, August 07, 2018

Pompeo: Sanctions to be enforced until Iran 'behaves like a normal country'

The EU said it would now swiftly bring in legal cover for firms in the 28-nation bloc to work with Iran , after the Trump administration rejected European calls for an exemption. In his statement, President...More..

Tim Cook: $1 trillion cap ‘not the most important measure of success’
by | Saturday, August 04, 2018

Tim Cook: $1 trillion cap ‘not the most important measure of success’

Before the release of the iPhone, Apple was reporting revenue of less than $20bn and profits of less than $2bn from the sale of its Mac personal computers in 2006. Today's chart shows this milestone - as well...More..

Harley-Davidson rebels with an electric motorcycle
by | Wednesday, August 01, 2018

Harley-Davidson rebels with an electric motorcycle

The announcement follows the development of the electric concept bike LiveWire Project, which was created back in 2014 to enable riders to test drive and give feedback on so that the company could refine the ...More..

Canada and Mexico optimistic about NAFTA talks despite trade tensions at G20
by | Friday, July 27, 2018

Canada and Mexico optimistic about NAFTA talks despite trade tensions at G20

U.S. President Donald Trump told Mexico's president-elect in a letter that a quick renegotiation of the North American Free Trade Agreement (NAFTA) would bring more jobs for both countries, but warned of a ve...More..

Tesla asks suppliers for money back on Model 3 parts
by | Wednesday, July 25, 2018

Tesla asks suppliers for money back on Model 3 parts

Tesla's Australia and Asia media office, as well as a spokesman and spokeswoman in the USA, didn't reply to emails seeking comment on the Journal report . Tesla's cash position is a concern because the com...More..

Trump ratchets up criticism of Fed interest rate rises
by | Monday, July 23, 2018

Trump ratchets up criticism of Fed interest rate rises

Asked on CNBC if he is ready to go to $500 billion - a number that almost matches the $505 billion in products that China exported to the U.S.in 2017 - Trump said, "I'm ready to go to 500". He was referring t...More..

Android antitrust: Google hit with giant  €4.34 billion fine by Europe
by | Thursday, July 19, 2018

Android antitrust: Google hit with giant €4.34 billion fine by Europe

Those activities included requiring smartphone manufacturers to pre-install Google Search and Chrome on their devices in order to use Google's Play marketplace; paying smartphone makers and mobile network opera...More..

Ex-Tesla worker makes it official and blows the whistle to SEC
by | Monday, July 16, 2018

Ex-Tesla worker makes it official and blows the whistle to SEC

On July 2, the company said it had made 5,031 Model 3s during the final week of June and 28,578 during the second quarter, more than it had made in the prior three quarters combined . It would double the si...More..

by | Wednesday, July 04, 2018

Largest US business group attacks President Trump on tariffs

And he is pressuring Canada and Mexico to agree to rewrite the North American Free Trade Agreement to shift more auto production to the United States and encourage companies to move investment from Mexico to ...More..

by | Wednesday, July 04, 2018

USA aims to reduce Iran’s oil revenue to zero

The restart of those sanctions has global energy buyers nervous as to who will replace those barrels. Saudi Arabia's Oil Minister Khalid al-Falih arrives for an OPEC meeting in Vienna, Austria, June 22, 2018....More..

President Trump: EU Possibly Bad as China on Trade, Just Smaller
by | Wednesday, July 04, 2018

President Trump: EU Possibly Bad as China on Trade, Just Smaller

As well as the tariff threats, the European Commission is also believed to have warned Trump that his behaviour could "result in yet another disregard of global law" by the U.S., as well as saying that any au...More..

Tesla makes 5000 Model 3s per week, but can it continue?
by | Tuesday, July 03, 2018

Tesla makes 5000 Model 3s per week, but can it continue?

If we are to solve the great challenges of the twenty-first century - whether overpopulation, democratic disruption, new antibiotic-resistant diseases, or shortages of resources - it will be thanks to innovator...More..

[H]ardOCP: Tesla to Close a Dozen Solar Facilities in 9 States
by | Monday, June 25, 2018

[H]ardOCP: Tesla to Close a Dozen Solar Facilities in 9 States

Tripp , the Tesla lawyers said , had been "disruptive and combative" with colleagues and had grown disgruntled after being assigned to a new role. Prior to the lawsuit Tesla CEO Elon Musk sent an emai...More..

SCOTUS Ruling on Internet Sales Tax Called 'Disastrous' for N.H. Economy
by | Friday, June 22, 2018

SCOTUS Ruling on Internet Sales Tax Called 'Disastrous' for N.H. Economy

States can, however, begin passing laws that require online retailers to collect sales tax from customers even if they have no physical presence in a state. Now that Amazon's distribution network spans the...More..

Kansas deputy killed, another critically wounded by gunman who was also shot
by | Monday, June 18, 2018

Kansas deputy killed, another critically wounded by gunman who was also shot

This is the fourth shooting involving law enforcement officers who were injured or killed in KCK in the past three years. Video from a woman who was inside one of the courtrooms shows the chaos that follo...More..

Fed Raises Interest Rates, Signals Faster Hikes on the Way
by | Thursday, June 14, 2018

Fed Raises Interest Rates, Signals Faster Hikes on the Way

The Fed is looking for interest rates to rise to 3.4% by 2020, unchanged from the previous forecast. The Fed had said its key rate "is likely to remain, for some time, below levels that are expected to prevai...More..

by | Tuesday, June 12, 2018

IHOP reveals what the 'b' stands for in IHOb

If you guessed that the "b" stood for burgers , you would have been correct. The company said the secret would be revealed this morning.and it's official. This letter swap is a promotion to show off the 60-y...More..

Porche's Taycan will be competitor to Tesla
by | Monday, June 11, 2018

Porche's Taycan will be competitor to Tesla

The Taycan will have an electric system output upwards of 600hp and a possible range of more than 500km on a full charge. Stay tuned for more updates on the Porsche Taycan . Series production of the ...More..

by | Sunday, June 10, 2018

Trump decides to leave G7 meeting in Quebec early after trade dispute

On Friday, Mr Trump made a surprise call for Moscow to be readmitted, but German Chancellor Angela Merkel said other members were against the idea. Trump criticized the premise of the question, which came f...More..

Tech stocks gain as USA confirms ZTE deal
by | Friday, June 08, 2018

Tech stocks gain as USA confirms ZTE deal

The ban also hurt American companies that supply ZTE. According to Mr. Ross, speaking on CNBC , ZTE must change its management and its board, pay the fine, and put $400 million in escrow, which it will for...More..