Money

Volkswagen Group's "Roadmap E" gathers greater momentum

Volkswagen Group's By making this strategy successful, Volkswagen will be able to launch the bigger fleet of environment-friendly zero-emission cars. It has already chosen its battery cell suppliers and has locked in technology contracts worth up to US$25 billion for the Europe and China alone, he admitted, with U.S. [Full Article...]

Bottled Water Contains Tiny Plastic Particles

Bottled Water Contains Tiny Plastic Particles According to a new study , from the 250 bottles of major brands that have been tested, 93% contain plastic particles. Of the 259 bottles tested, only 17 were free of plastics, according to the study. "But we do need to start acting". Bottled water was about 1000 times more expensive than tap water in the USA, and sold under the pretence of being purer and safer, he said. [Full Article...]

Radio Giant iHeartMedia Files Bankruptcy Plan To Reduce Debt

Radio Giant iHeartMedia Files Bankruptcy Plan To Reduce Debt Wendy Goldberg is iHeartMedia's executive VP-communications. The firm has struggled through years of losses and flat sales against streaming rivals such as Pandora and Spotify . It also produces syndicated radio programs that feature "American Idol" host Ryan Seacrest and political personalities Rush Limbaugh and Sean Hannity. [Full Article...]

How Will OPEC React To Soaring Shale Production?

How Will OPEC React To Soaring Shale Production? Crude has struggled to regain the highs of January after a broader market slump last month. Global oil demand is estimated at 97.8 mb/d in 2017, unchanged from last month. We said when the oil market looked bleak that low prices will spark demand and it has. The group said non-Opec producers would boost supply by 1.66-million barrels a day in 2018. [Full Article...]

Navarro: Tariff exemptions will be done in 'Trump time'

Navarro: Tariff exemptions will be done in 'Trump time' USA automakers are among the businesses with the most at stake, accounting for 38 percent of the aluminum and 15 percent of the steel consumed in the country, according to Ward's Automotive Reports . Brivio reiterated Brussels' firm stance that the European Union is the US' closest ally and one of its main strategic trading partners, and, therefore, not a national threat. [Full Article...]

Without Toys R Us, 30000 jobs, a black hole for toy makers

Without Toys R Us, 30000 jobs, a black hole for toy makers Bankrupt retailers are not legally required to honor gift cards, although Toys R Us and Babies R Us stores have continued to accept them since their September bankruptcy filing. The company is already closing its businesses in the United Kingdom. Toys R Us , as a well-known and long-lasting brand, may yet have a future - the company even quoted its classic jingle in its bankruptcy filings. [Full Article...]

Google bans advertising related to cryptocurrencies

Google bans advertising related to cryptocurrencies This blanket policy change also includes a ban on cryptocurrency related services which include ICOs ( initial coin offerings ), crypto-wallets and crypto related trading advice. Google's announcement is similar to one that Facebook made in January prohibiting ads that promote financial products and services associated with crypto-currencies, initial coin offering and binary options. [Full Article...]

Pentagon memo details plans for Trump's military parade

Pentagon memo details plans for Trump's military parade The parade will also include a "heavy air component, " the memo said, with military planes flying overhead at the end of the parade. Many observers were quick to compare Trump's plans to China and North Korea, even though the parade was inspired by France's Bastille Day Parade, but Trump is apparently planning a very different kind of parade. [Full Article...]

Google's Waymo To Face Off With Tesla In Autonomous Trucks

Google's Waymo To Face Off With Tesla In Autonomous Trucks This pilot, in partnership with Google's logistics team, allows for the further development of Waymo's technology and integrate it into the operations of shippers and carriers, with their network of distribution centers, ports and terminals. [Full Article...]

Sydney Airport processing passengers after 'technical issue'

Sydney Airport processing passengers after 'technical issue' The incident resulted in the entire departure lounge at the global terminal at one point being cordoned off, with security searching through plant boxes, bins and under furniture. "Virgin Australia is holding flights to minimise any disruption to passengers and working to reaccommodate any affected passenger". Security screening was closed for 30 minutes at the airport as federal police investig... [Full Article...]

Stock Market Searches For Direction As Traders Decipher Powell Testimony

Stock Market Searches For Direction As Traders Decipher Powell Testimony The month also included a confirmation of a 10-percent correction for the stock market but that was followed by a rebound that made the monthly losses less steep. Last year, the worst weekly loss was just 1.4 percent. Powell told the Senate Finance Committee that he does not see inflation in workers' wages "at a point of acceleration". [Full Article...]

Rusty Lord's Forecast - More Snow and Wind Tuesday

Rusty Lord's Forecast - More Snow and Wind Tuesday Some showers may linger into Tuesday morning . We don't anticipate a lot of accumulation, if any, but that wintry weather could affect your drive into work midweek. This round looks heavier and more widespread through the pre-dawn hours on Tuesday . For now I am forecasting some rain at times on Saturday , 50 percent coverage and rain and possible storms on Sunday morning before exiting qui... [Full Article...]

Jose Mourinho sends message to Man United starlet Scott McTominay

Jose Mourinho sends message to Man United starlet Scott McTominay McLeish is expected to now include the 21-year-old in his squad for the friendly double-header against Costa Rica and Hungary at the end of March. "The majority of my family is Scottish", he told United's club website. The next Darren Fletcher? United boss Jose Mourinho had encouraged McTominay to follow his heart. Speaking to MUTV, he said: "Because it looks like England is missing him, i... [Full Article...]

Fed's Powell sees 'no evidence' of overheating USA economy

Fed's Powell sees 'no evidence' of overheating USA economy Those comments sent the Dow Jones industrial average down by 299 points as investors grew more concerned about rising interest rates. "Fundamental demand is still really good", said Timothy Fiore, chairman of the Institute for Supply Management factory-survey committee. [Full Article...]

Aberdeen flights cancelled due to weather

Aberdeen flights cancelled due to weather The airline has announced flights to the East Midlands, Leeds Bradford, Edinburgh and Glasgow International Airport have been axed. This comes after Ryanair cancelled all of their flights in and out of the country yesterday. Customers who are scheduled to travel through those airports through Friday can rebook through March 21, subject to availability. "De-icing of aircraft and snow clearing... [Full Article...]

ICE Chief Says 800 Avoided Arrest Due To Oakland Mayor's Warning

ICE Chief Says 800 Avoided Arrest Due To Oakland Mayor's Warning Since Sunday night, Immigration and Customs Enforcement agents have arrested more than 150 people in Northern California in an operation the agency said was targeting "public safety threats". It simply allows California's state and local law enforcement officers to focus on their jobs of protecting their communities, while leaving immigration enforcement to the feds. [Full Article...]

Oil drops on surprise U.S. gasoline stock build

Oil drops on surprise U.S. gasoline stock build U.S. West Texas Intermediate crude were down 53 cents at $62.49 U.S. a barrel. Gasoline stocks rose by 2.5 million barrels, compared with analysts' expectations for a 190,000-barrel drop. Oil fell more than 1 percent on Thursday, hitting two-week lows on pressure from a strong dollar and worries that surging USA crude output might thwart OPEC's efforts to drain global supply. [Full Article...]

Body part found in hunt for missing Japanese woman

Body part found in hunt for missing Japanese woman The woman met the suspect near JR Morinomiya Station in Osaka around midnight, and security camera footage showed them entering the Higashinari lodging together. During his stay for about a week from February 12 at the Higashinari lodging, security camera footage showed four or five women entering the premises with a man believed to be the suspect, the sources said. [Full Article...]

Trump challenges Sessions to investigate Obama, Democrats on Russian Federation

Trump challenges Sessions to investigate Obama, Democrats on Russian Federation While Trump and even some Democrats have criticized the Obama administration for not speaking up enough on Russia's actions before the election, Obama did take some steps to reprimand the country. In September 2017, the Department of Homeland Security notified 21 states that efforts were made by "Russian government cyberactors" to hack their elections systems in the 2016 presidential election. [Full Article...]

Some services restored after outage impacts BB&T Bank, customers

Some services restored after outage impacts BB&T Bank, customers BB&T bank customers are reporting they have not been able to access their checking or savings accounts since Thursday afternoon. Last week, some TD Bank customers were unable to use online and mobile banking after the Canadian-owned bank ran into technical trouble while upgradings its software. [Full Article...]


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