Markets

Markets Verizon will finally offer a true unlimited plan with no speed caps
Author: 0 Verizon will finally offer a true unlimited plan with no speed caps

The company also admitted that the plan the fire department had purchased wasn't unlimited , and would begin throttling speeds upon using a certain quantity of data, but it had miscommunicated the terms of the plan. Firefighters monitor a back fire as they battle the Mendocino Complex fire , August 7, 2018 near Lodoga, California. In the first case, during the Thomas Fire in Santa Barbara, Verizon lifted the data cap in 20 minutes after the department reached out to a company accounts manager.

Markets Supply pressures add up to rally in crude oil prices
Author: 0 Supply pressures add up to rally in crude oil prices

While Brent October delivery traded at 74.36 dollars at ICE Futures Exchange, up 1.73 dollars or 2.38 percent from its Tuesday settlement. In its August market report, OPEC, which expected increased demand had stated: "In 2018, oil demand growth is anticipated to increase by 1.64 mb/d, 20 tb/d lower than last month's projections, mainly due to weaker-than-expected oil demand data from Latin America and the Middle East in 2Q18".

Author: 0 Allen Weisselberg, Trump Organization CFO, Granted Immunity In Cohen Investigation

Weisselberg was called to testify regarding Cohen's investigation, not the probe into the Trump Organization, and public record doesn't show that prosecutors asked him about the company's records overall. Confusion over the web address for the page, michaelcohentruthfund.com, led someone to anonymously register a shorter version, michaelcohentruth.com, that redirects to Mr.

Markets Markets Right Now: Stocks waver; market nears bull record
Author: 0 Markets Right Now: Stocks waver; market nears bull record

Stocks are off to a mixed start on Wall Street as the US market has reached its longest-ever bull run . "There was quite a lot of news that was negative for Trump yesterday that introduced uncertainty into the market", said Robert Phipps, director at Per Stirling Capital Management in Austin, Texas.

Markets Oil stabilises as economic concerns weigh
Author: 0 Oil stabilises as economic concerns weigh

The price differential between WTI and Brent widened mainly due to the less USA export of crude oil. While the oil prices have slightly improved, the U.S. Brent crude LCOc1 futures for October delivery rose 42 cents to settle at $72.63 a barrel. Wild swings in the yuan and punitive storage costs are making oil traders think twice about a bet on China's fledgling crude futures that looks highly lucrative on paper.

Markets Trump vows 'no concessions' to Turkey over U.S. pastor
Author: 0 Trump vows 'no concessions' to Turkey over U.S. pastor

The lira weakened against the dollar on Tuesday after U.S. President Donald Trump said he would give Turkey no concessions in return for the release of a detained American pastor , the latest salvo in a worsening rift between the North Atlantic Treaty Organisation allies.

Markets Sears is closing another 46 stores. Here’s where
Author: 0 Sears is closing another 46 stores. Here’s where

The announcement from the struggling retailer comes as another one of Mesa Mall's anchor stores, Herberger's, is in the final days of a closeout sale after parent company Bon-Ton Inc. The company has already closed more than 100 stores so far this year. Lampert's hedge fund, ESL Investments Inc., said in April it would be open to buying some of the company's assets and urged the department store to put the businesses on the block.

Markets Trump ‘not thrilled’ with Fed chairman over interest rate hikes
Author: 0 Trump ‘not thrilled’ with Fed chairman over interest rate hikes

Trump's remarks to Reuters follow reports that the president criticized the Fed's interest rate hikes at fundraiser in Long Island over the weekend. The preliminary talks "look unlikely to yield too much in the way of progress as they enter a second day, with the US president, given his current political difficulties, unlikely to want to concede any further ground", said CMC Markets analyst Michael Hewson.

Markets US, China raise tariffs in new round of trade dispute
Author: 0 US, China raise tariffs in new round of trade dispute

China has responded by threatening to impose new tariffs on $60 billion worth of U.S. goods, while Beijing could also target the local operations of U.S. US President Donald Trump is insisting that China should bring down the trade deficit by Dollars 100 billion immediately followed by USD 200 billion by improving access to more US goods ensuring intellectual property rights of the American technology.

Markets Cohen's Lawyer: Cohen 'Would Not Accept' Trump Pardon
Author: 0 Cohen's Lawyer: Cohen 'Would Not Accept' Trump Pardon

Trump likely faces more trouble in the coming months. Both cases have increased buzz about possible impeachment. The president's legal difficulties could also have political implications. Trump counsel Rudy Giuliani has said there is no allegation of wrongdoing in the charges against Cohen. Davis served as special counsel to President Bill Clinton from 1996 to 1998.

Markets Google Pixel 3 XL shown off in new hands on pics
Author: 0 Google Pixel 3 XL shown off in new hands on pics

Moreover, the Russian tech blogger Канал Лучкова's Twitter account clearly mentions the mystery device is the Google Pixel 3 XL . However, though the bottom bezel is intact, the device does feature a notch (albeit a smaller one than what we've seen on Apple's iPhone X ), much like its larger XL cousin .

Markets S Africa inquiry opens into alleged graft under Zuma
Author: 0 S Africa inquiry opens into alleged graft under Zuma

Zondo announced in a statement on Friday that Mentor, along with former finance minister Mcebisi Jonas and others, would be among the first witnesses to be called to appear before the commission over the next weeks. Mentor alleges she declined the offer. Justice Zondo has vowed that the investigation into the so-called "state capture", will be carried out thoroughly regardless of who is being investigated.

Markets Brexit vote could 'in theory' be reversed: EU minister Moscovici
Author: 0 Brexit vote could 'in theory' be reversed: EU minister Moscovici

Dominic Raab , the Brexit secretary, said the papers would put to rest some of the scare stories about a no-deal exit from the European Union - such as a shortage of ingredients to make a BLT (bacon, lettuce and tomato). "This is a welcome step from the government, though not before time". "I'm putting some of my money behind the People's Vote campaign because I know we have a genuine chance to turn this around", he said.

Markets Australia PM Malcolm Turnbull clinging on amid fresh leadership challenge threat
Author: 0 Australia PM Malcolm Turnbull clinging on amid fresh leadership challenge threat

Shorten said the "cannibalistic behavior" over the Liberal leadership was eating the government alive. This caused the downfall of Arthur Fadden as prime minister after just "40 nights" in office, from August 29 to October 7 that year. Amid mounting uncertainty over Turnbull's premiership, Governor-General Peter Cosgrove cancelled travel plans and will remain in Canberra this week, a source familiar with his schedule told Reuters.

Markets Total tells Iran it's quitting South Pars gas project
Author: 0 Total tells Iran it's quitting South Pars gas project

Qasemi said on August 20 that Europeans and other signatories like China and Russian Federation have been "trying to save the deal.but the process has been slow" and needs to accelerate. Iran's vice president said on Sunday that the government was seeking solutions to sell oil and transfer its revenues despite fresh USA sanctions on Iranian energy and banking sectors.

Markets Stocks hit all-time highs for the first time since January
Author: 0 Stocks hit all-time highs for the first time since January

The eurozone sovereign debt crisis snared the European economy straight after the financial crisis, causing problems for United States markets, although never enough to unseat the bull market under way since 2009. "I think we can still run but I'm cautiously optimistic", Peter Cardillo, chief market economist at Spartan Capital Securities, told The Post, adding that he is still concerned about the trade war.

Markets 'We see your game and challenge it,' Erdogan says
Author: 0 'We see your game and challenge it,' Erdogan says

We are telling them: "we've seen your games, and we are challenging you", the Turkish leader told thousands of his supporters during the sixth Congress of the ruling AK Party (AKP) in the capital Ankara on Saturday. Prior to Trump's tariff announcement, the Turkish lira fell to its lowest point ever against the US dollar, dropping by over 11 percent in value to almost six lira per dollar.

Markets Donald Trump: Hush money 'came from me'
Author: 0 Donald Trump: Hush money 'came from me'

Cohen told Judge William Pauley III that "in coordination with, and at the direction of, a candidate for federal office" he arranged payments to two women for their silence "for the principal goal of influencing the election". Even now, anybody who bets against President Trump is probably foolish. House Minority Leader Nancy Pelosi, D-Calif., issued a carefully worded statement Tuesday evening calling the conviction and guilty plea "further evidence of the rampant corruption and ...

Markets Trump demands Fed help on economy, complains about interest rate rises
Author: 0 Trump demands Fed help on economy, complains about interest rate rises

Trump was not trying to intervene in Fed policy, which has historically operated independently from the executive branch, and was simply expressing his opinion. comments on the yuan, and said the two sides should communicate on the issue. Powell told NPR last month: "We have a long tradition here of conducting policy in a particular way, and that way is independent of all political concerns".

Markets UNIAN: Trump names conditions for Russian Federation sanctions lift
Author: 0 UNIAN: Trump names conditions for Russian Federation sanctions lift

In particular, he warned, Russian Federation has been rallying and supporting, financially and organizationally, groups on the far left and far right "that stood for really heinous and disgusting causes". The sanctions seek to pressure North Korea to give up its nuclear program. The U.S. expelled 60 Russians from diplomatic missions in the U.S. and shuttered the Seattle consulate over it.

Markets Fed's Kaplan sees three or four more rate hikes, then a pause
Author: 0 Fed's Kaplan sees three or four more rate hikes, then a pause

I think on this one the market will come round again and the dollar bounces back, but nonetheless, it does appear the market is anxious that the president will exert influence on Fed policy". The U.S. dollar was trading lower against other major currencies following Trump's comments. Against the Swiss franc CHF= , the dollar weakened to its lowest since July 9, last at 0.987.

Author: 0 Flushed contact lenses are big source of microplastic pollution

But given the estimated 45 million wearers of contact lenses in the US alone, Halden and postdoctoral student Charlie Rolsky got to thinking: how many millions of people are disposing of these plastics improperly? Microplastics - that is, bits of plastics that continually break down into smaller and smaller bits - are a massive problem, and contact lenses are only making things worse.

Markets Pepsi to buy SodaStream for $3.2 billion
Author: 0 Pepsi to buy SodaStream for $3.2 billion

Under the cash deal, PepsiCo is to pay US$144 a share for the fizzy water makers outstanding stock, a premium of 11 per cent over its closing price on Friday. Israeli-based SodaStream listed on the NASDAQ in 2010. He said the deal "represents an excellent outcome for all shareholders". SodaStream shares have jumped 49 per cent this month after the company boosted its forecast for revenue growth this year to 23 per cent and reported first-half figures that beat estimates.

Markets Shots Fired at US Embassy in Turkey as Pastor Brunson Dispute Escalates
Author: 0 Shots Fired at US Embassy in Turkey as Pastor Brunson Dispute Escalates

Relations between the two North Atlantic Treaty Organisation allies have plummeted in one of their worst crises in decades after the detention of Mr Brunson on terror-related charges. USA embassy spokesman David Gainer would only confirm that a "security incident" took place. "We have no reports of any injuries and we are investigating the details" embassy spokesman David Gainer said.

Markets Tesla's Elon Musk Confesses the 'Worst Is Yet to Come'
Author: 0 Tesla's Elon Musk Confesses the 'Worst Is Yet to Come'

Tesla short sellers received a sizable payday hours after The New York Times published an eye-opening interview with an emotional Elon Musk , the electric-car company's chairman and CEO. Tesla's cars are wildly popular and the world would miss them if the shorts prove right. The article quoted one source as saying some board members are anxious that Musk is tweeting on Ambien, and referred to concerns about occasional recreational-drug use.

Markets Nvidia expects cryptocurrency sales to be
Author: 0 Nvidia expects cryptocurrency sales to be "negligible" by Q3

For nearly a year, cryptocurrency miners have snapped up all the graphics cards they could get their hands on. GPU brand NVIDIA has reported its financial results for the second quarter of the 2019 fiscal year (FY), which ended on July 29, announcing record Q2 revenue across all platforms.

Markets Donald Trump asks SEC to look into practicality of corp
Author: 0 Donald Trump asks SEC to look into practicality of corp

Trump held a dinner for business executives on Aug 8, two days after Nooyi announced her departure, at his golf club in Bedminster, New Jersey. PepsiCo declined to comment. private. "I do believe it will help upper management". Later, reporters asked the president to give more insight into his tweet . Last fall it laid out a blueprint for changes to capital market rules in a U.S.

Markets Musk's tweets put Tesla in the spotlight — Business Extra Podcast
Author: 0 Musk's tweets put Tesla in the spotlight — Business Extra Podcast

The stock closed almost 2.6% lower at $338.69 a share, shedding some recent gains. But the timing of their announcements has raised questions. Theories about a potential SEC investigation have been circulating since Musk's tweet and corresponding blog post last week which both suggested that funding had been lined up to take Tesla private.

Markets Elon Musk: This Has Been The Most Painful Year Of My Career
Author: 0 Elon Musk: This Has Been The Most Painful Year Of My Career

He admitted he had rounded up from $419 to set the possible price, offering an approximate 20 per cent premium over the market value, but said: 'Weed is not helpful for productivity. Musk, who envisions sending tourists to the Moon, is recognized as one of the most influential innovators in the United States. Tesla workers at the Fremont, California, assembly plant said they are focused on making cars, but they do have questions about how the go-private idea will affect the stock options ...

Markets Donald Trump Challenges Turkey: ‘We Are Not Going to Take It’
Author: 0 Donald Trump Challenges Turkey: ‘We Are Not Going to Take It’

President Trump says American Pastor Andrew Brunson is being held on a "phony charge" and should have been returned to the U.S. The currency has recovered from record lows earlier this week. The crisis has been precipitated by investor alarm about President Tayyip Erdogan's influence over monetary policy. He has tweeted the United States will pay nothing for the release of an innocent man after the White House confirmed it has prepared to impose more sanctions .

Markets U.S. threatens more sanctions in Turkey crisis World News
Author: 0 U.S. threatens more sanctions in Turkey crisis World News

Brunson, a pastor who is a long time resident in Turkey , is alleged by the government to have links to the outlawed Kurdistan Workers Party and the Gulenist movement, both of which are accused of being involved in 2016's failed coup against Erdogan.

Markets Google employees sign protest letter over China search engine
Author: 0 Google employees sign protest letter over China search engine

As a direct result of government censorship, American internet giants including Facebook , Instagram, and Twitter are all now banned in China . Google employees are also sounding the alarm. Employee anger flared with a report this month in The Intercept that Google is secretly building a search engine that will filter content banned in China and thus meet Beijing's tough censorship rules.

Markets Turkish Court Again Rejects Appeal To Release U.S. Pastor
Author: 0 Turkish Court Again Rejects Appeal To Release U.S. Pastor

US President Donald Trump attacked Turkey on Friday, saying the North Atlantic Treaty Organisation ally is not a friend and had made up espionage charges against an American pastor detained in the country. FILE PHOTO: U.S. Dollar banknotes are seen in this photo illustration taken February 12, 2018. Can Buyuker, who works in an exchange bureau in a busy Istanbul neighbourhood, said both Trump and Erdogan were playing up to nationalist voters.