Money

by | June 15, 2018 | 02:50

Chicago mayor Rahm Emanuel today announced the city would accept a proposal from Elon Musk's Boring Company to build a high-speed underground public transportation system. That price tag would be significantly lower than recent subways built in the United States, which have cost from $600 million to over $2 billion per mile.

by | June 14, 2018 | 16:00

But the statement did not go much further than previous ones and was short on details, including any timetable or verification measures. Despite Trump's claim to have achieved something that eluded his predecessors, previous us administrations extracted more specific commitments from Pyongyang, only to see them breached.

by | June 14, 2018 | 08:49

Apple iPhone's camera does not perform up to the mark set up by rivals in low lights and the addition of a monochrome camera will certainly enhance its low light capabilities. Today, Forbes has written an article in which revealed the Schematics of upcoming Apple iPhone X Plus with triple rear cameras along with Budget iPhone X.

by | June 14, 2018 | 05:42

Not since 1969 has the jobless rate been lower. Even amid concerns about U.S. trade policy, the Fed raised its forecast for gross-domestic-product growth this year to 2.8% from 2.7%. And their rate increases are addressing the "perceived threat of inflation", not an immediate inflation problem, he said. Estimates of longer-run interest rates were unchanged and seen reaching as high as 3.4% in 2020 before dropping to 2.9% in the longer run.

by | June 13, 2018 | 23:14

At least that's according to a patent application spotted by CNN with the title "predicting user state using machine learning". Uber is working on technology that could determine just how drunk passengers are when ordering a ride. Uber is all set to introduce the new app that will alert passengers whether the driver is drunk or not. The measure seems counterintuitive as many inebriated people use the taxi-app firm's services to safely get back home after a wild night out.

by | June 13, 2018 | 22:29

The Fed move came after a two-day meeting where its members discussed the robust state of the U.S. economy and the potential impact of a trade war amid rising tension between the USA and its largest trading partners. The Fed's new projection for the pace of rate hikes shows four rate this year and three in 2019 - both unchanged from its previous forecast in March - and one in 2020, down from the two that had been projected previously.

by | June 13, 2018 | 21:40

Trump said the US will be monitoring the situation in North Korea to be sure that Kim is committed to dismantling his country's nuclear program. Critics in the United States said the joint statement by the two leaders was short on detail and that Trump had made too many concessions to Kim, whose country is under U.N.

by | June 13, 2018 | 20:59

El Boutari has now had his licence suspended by the New York City Taxi and Limousine Commission. Once over the bridge, Iovine said the driver suddenly pulled over and told the women to get out of the vehicle. "It's illegal", the driver says in the video . El Boutari added that he would have acted similarly if it had been a straight couple, though he admitted that he has "less tolerance" for same-sex couples.

by | June 13, 2018 | 19:57

The world's top crude producers are key partners in the OPEC+ deal, which is created to prop up oil prices by cutting global output. Since early 2017, OPEC and other oil-producing countries have agreed to reduce supply in a bid to bolster oil prices.

by | June 13, 2018 | 12:30

In its statement late Tuesday, ZTE said it will "assess the full impact" of the ban and the new deal with the U.S. government and disclose it in an update earnings release. In a meeting for senior management on Tuesday, ZTE chairman Yin Yimin said that the company needs its 80,000 employees to have "thorough knowledge" and "thorough supervision" of each other when it comes to compliance, rather than rely on a few people from a compliance team.

by | June 13, 2018 | 12:16

Five models in total are reported to be affected, including the volume-selling Mercedes C-Class - the UK's ninth most popular vehicle previous year - and GLC SUV variants. The reports allege that two engines (OM 642 and OM 651) come with devices that shut down emissions controls under certain situations. Six Mercedes-Benz models appeared in environmental lobby group Transport and Environment's 2016 "Dirty 50" list of diesel cars and SUVs, with the finger pointed at both thermal switches ...

by | June 13, 2018 | 01:33

But if the ruling falls in the Justice Department's favor, a new era of government scrutiny over these types of mergers could freeze further consolidation in the industry. Ultimately, the government argued this would harm competition and innovation as well as raise prices for consumers. The government's star witness was Carl Shapiro, an economist at the University of California, who used an economic model to predict that consumer cable bills could rise by $500 million annually in aggregate ...

by | June 12, 2018 | 22:50

Based on conversations with Tesla dealers, KeyBanc Capital analysts raised their expectations for second-quarter delivery of Model 3 vehicles to 30,000 from 20,000. This week, we are informing those whose roles are impacted by this action. According to sources familiar with the matter, there was a round of layoffs at Tesla that started on Monday and it is going to be made official by Tesla CEO Elon Musk today.

by | June 12, 2018 | 21:28

Kudlow explained on CNN that the administration was lashing out at Trudeau to show Kim that Trump was not weak. Tensions have been building between the two countries for months, as President Trump has targeted Canada as one of the many countries he sees as giving American the short end of the stick in trade deals.

by | June 12, 2018 | 20:50

The company is even showing customers what happens to pizzas during a delivery on rough roads, with the help of a camera set up inside a pizza box. Dominos is no stranger to unusual publicity stunts, but those are usually tied to its vast ecommerce back-end , like its pizza robots or instant order pizza button .

by | June 12, 2018 | 19:58

Despite the production move, JLR has said it will spend millions to retool its Solihull plant to produce electric vehicles after it announced plans to electrify all new models by 2020. In May, JLR announced a slight fall in pre-tax profits for the year ending in March (while pre tax profits for the quarter ending March fell sharply), pointing to "external headwinds".

by | June 12, 2018 | 17:55

In an unusual move, Pyongyang's media have disclosed that the airplane used by leader Kim Jong-un over the weekend to fly to Singapore for summit talks with U.S. Between 1996 and 2005, joint U.S. Then he said: "We will be stopping the war games, which will save us a tremendous amount of money unless and until we see the future negotiation is not going along like it should".

by | June 12, 2018 | 16:45

Trump first announced there would be "a signing" shortly after midday, during a stroll with Kim around the hotel grounds. North Korea's leader Kim Jong Un shakes hands with US President Donald Trump at the start of their historic US-North Korea summit, at the Capella Hotel on Sentosa island in Singapore .

by | June 12, 2018 | 16:32

It's all about Amazon's model of adding more benefits to Prime membership, and now almost half of all Whole Foods stores offer these deals. Amazon will now extend its Prime discounts to Whole Foods stores in 10 new states including Arizona, Georgia, and Washington, the company announced on Monday.

by | June 12, 2018 | 14:22

The Tesla Roadster will make it to production in 2020 with a base price of US$200,000 (RM798k). Musk said that the autopilot issue during lane-merging is better in the current software and would be fully fixed in the August update. The NTSB says it now will examine the cause of the crash. They have cameras, radar and sonar sensors. "In a recent Twitter post , Tesla Motors CEO Elon Musk has said that the automaker's forthcoming next-generation Roadster all-electric supercar will ...

by | June 12, 2018 | 11:20

An initial offering of 20,000 flamethrowers, priced at $500 each, sold out within four days in January . Strictly speaking, Musk's creation is not actually a flamethrower because it only shoots fire for a short distance. It's finally been shipped to a small number of people who are using their new fire spitters to light spliffs, burn the top of creme brulees and generally torch everything in sight.

by | June 12, 2018 | 09:29

With a handshake scheduled for 9 a.m., Trump and Kim and their translators will meet first in a session that could stretch up to two hours before they allow their respective advisers to join them, said the USA official, who was not authorized to speak publicly about internal deliberations and insisted on anonymity.

by | June 12, 2018 | 05:13

Secretary of State Mike Pompeo said the delegations were "rapidly" making progress, but it will come down to the meeting between the two leaders. For Trump, cutting a deal to end the North Korean nuclear threat with his approach to Kim, in defiance of the USA security establishment's long-held ways of dealing with the North, would be a success unmatched by any predecessors.

by | June 12, 2018 | 02:06

Daily NK , a South Korean website focusing on North Korea news, reported in 2015 that "the restrooms are not only in Kim Jong Un's personal train but whatever small or midsize cars he is traveling with and even in special vehicles that are designed for mountainous terrain or snow".

by | June 11, 2018 | 21:56

That's a sign he's confident about his grip on power back home. What was initially portrayed by the White House as a summit meant to completely rid the North of its nuclear weapons is now being cast as a chance to "start a dialogue" and for Trump the dealmaker to look into the eyes and take the measure of his nuclear-armed antagonist.

by | June 11, 2018 | 20:59

Embedded in more polite remarks, Trudeau reiterated his objections to Trump's imposition of tariffs on steel and aluminum from Canada, Mexico and the European Union and his own plans to introduce retaliatory measures targeting USA products.

by | June 11, 2018 | 20:28

The budget retailer, which was has its head office in Normanton, Wakefield, collapsed after last-ditch rescue talks broke down over the weekend. Poundworld - which also trades under the name Bargain Buys in locations including Stevenage - appointed administrators today after talks with a potential buyer collapsed, leaving no other option.

by | June 11, 2018 | 19:28

The information comes from sources speaking with The Wall Street Journal , which reports that Facebook had "whitelist" deals with Nissan and the Royal Bank of Canada, among others. Facebook seems to be mired in yet another controversy regarding its sharing of user data . It "isn't clear when all of the deals ultimately expired or how many companies got extensions", the daily said.

by | June 11, 2018 | 17:53

Hyundai recalled more than 580,000 Sonata cars in April, including 2011-2013 Sonata sedans and 2011-2012 Hybrid vehicles. "NHTSA's investigation should not have even been necessary", said David Friedman, director of cars and product policy and analysis at Consumers Union, the advocacy division of Consumer Reports.

by | June 11, 2018 | 16:45

Pompeo had earlier tweeted a photograph at breakfast with ambassador Kim , stating the USA position was unchanged: "We remain committed to the complete, verifiable, irreversible denuclearization of the Korean Peninsula". It's the "changed era" that is important. The relative speed with which the state media got the news of Kim's arrival in Singapore out to the North Korean public suggests a certain level of confidence that the meeting will go well - or at least well enough.

by | June 11, 2018 | 15:25

Most other major virtual currencies also slumped, sending the market value of digital assets tracked by Coinmarketcap .com to a almost two-month low of $294 billion. Bitcoin is now trading at $6,752 - down from an all-time peak of almost $20,000 in the week before Christmas. In South Korea, 14 major local cryptocurrency exchanges adopted measures aimed at better protecting users in January this year, including restrictions on creating more than one account.

by | June 11, 2018 | 14:30

Another Pyongyang report quoting Kim Yong-nam, the nominal head of state, as telling leader Kim to achieve outstanding outcomes from the summit with the U.S. "We continue to call on North Korea to completely, verifiably, and irreversibly dismantle all of its weapons of mass destruction (WMD) and ballistic missiles as well as its related programs and facilities", it said.

by | June 11, 2018 | 07:41

Analysts say Patterson shouldered the blame. A search for Patterson's successor has started, the company said, and it expects to have his replacement in place during the second half of the year. Mr Patterson will stay in his role until that time. He said: "The board is fully supportive of the strategy recently set out by Gavin and his team".

by | June 11, 2018 | 07:19

In terms of the relationships between the group of G-7 leaders, Trump called it "a ideal 10" on a scale between "zero and 10". Kim is scheduled to begin a summit Tuesday with President Trump . The president also said no issue concerning both countries is off limits come Tuesday. He has not left his country since taking office in 2011 other than to visit China and the South Korean side of the Demilitarised Zone on the border.

by | June 11, 2018 | 03:30

Hans Vestberg is now the executive vice president and president of Global Networks and chief technology officer of Verizon. Verizon announced that he will assume that title August 1, replacing Lowell McAdam , who has been Verizon CEO for seven years.