Business

Business The truth about Walmart's new bonuses
Author: 0 The truth about Walmart's new bonuses

The tax law gives the retailer an opportunity to be more competitive globally and to accelerate investment plans for the United States, he said . Walmart is using the windfall the GOP just gave Corporate America to score a public-relations coup, with a strategic move that would have been smart even without a tax cut.

Business Jimmy Iovine Finally Denies Rumors Suggesting He Is Leaving Apple
Author: 0 Jimmy Iovine Finally Denies Rumors Suggesting He Is Leaving Apple

In a recent statement to Variety , Iovine said he is nearly 65, has been with Apple for four years and in two-and-a-half years, Apple Music has gotten to well over 30 million subscribers. Iovine actually called it annoying and was upset that the media made it "all about money". The bottom line is I'm loyal to the guys at Apple. "I don't see myself at 75-years-old running around doing music".

Business New York City sues fossil fuel giants over climate change
Author: 0 New York City sues fossil fuel giants over climate change

The city will seek damages from BP, Chevron , ConocoPhillips, Exxon Mobil and Royal Dutch Shell for the billions of dollars the city will spend to offset the effects of climate change, including future expenses. Shell's spokesman echoed that sentiment. New York's lawsuit echoes a similar effort on the west coast, where two California counties and a city are suing 37 fossil fuel companies for knowingly emitting unsafe levels of greenhouse gases.

Business President Oprah? It sort of makes sense
Author: 0 President Oprah? It sort of makes sense

But Mr Trump himself remains confident, dismissively saying: "Yeah, I can beat Oprah ". "I know her very well", Trump said at the White House as he met with lawmakers to discuss immigration. "But that would be something she would have to determine and lay out if she made a decision to run". "I think one of the arguments for Oprah is 45", Pelosi said, referring to Trump in shorthand for the 45th president.

Business China weighs halt to purchases of U.S. debt securities
Author: 0 China weighs halt to purchases of U.S. debt securities

The dollar nursed its losses against the yen on Thursday, having suffered its biggest one-day drop in almost eight months following a report that China was ready to slow or halt its purchases of U.S. Japan was second with US bond holdings worth $1.09 trillion. Bond veteran Bill Gross says a bear market has begun. For China, trade tensions with the USA may also provide a reason to slow or stop buying American debt.

Business Warren Buffett Has No Intention To Go Long Or Short Any Cryptocurrencies
Author: 0 Warren Buffett Has No Intention To Go Long Or Short Any Cryptocurrencies

Buffett and Berkshire's 94-year-old Vice Chairman Charlie Munger will retain their positions on the board, which is expanding to 14 members from 12. Buffett told CNBC that these appointments were "part of a movement to succession over time", adding that the appointments should not be seen as a sign of his stepping down from the company's leadership.

Business Zuma Agrees on Commission to Defuse Exit Calls, Officials Say
Author: 0 Zuma Agrees on Commission to Defuse Exit Calls, Officials Say

Zuma said Deputy Chief Justice Raymond Zondo - who was selected by Mogoeng - would lead the commission. The rally has since stalled, with signs of higher rates in the United States shifting some of the focus back to fundamentals, although analysts said a decision on Zuma remained the main swing factor.

Business Next fodder scam verdict on Jan 24
Author: 0 Next fodder scam verdict on Jan 24

The conviction means he can not contest an election and he faces at least one more case. The sentences will run concurrently, he said. Tejashwi Yadav, Lalu's son, said the family had tried to communicate the news of Gangotri's death to the minister through the prison authorities in Ranchi.

Business Toyota, Mazda plan to build factory in Alabama
Author: 0 Toyota, Mazda plan to build factory in Alabama

A formal announcement by company and state officials is expected on Wednesday in Montgomery, sources briefed on the matter said. Akio Toyoda , president of Toyota Motors, said the new facility is something of a homecoming since the company already has one plant in the state.

Business Cabinet approves 100% FDI in single brand retail, construction
Author: 0 Cabinet approves 100% FDI in single brand retail, construction

The government also clarified that real-estate broking services aren't real estate business and are, therefore, eligible for 100% FDI under the automatic route. Until now, foreign investors were supposed to invest in power exchanges through the secondary market only. "It has now been made a decision to permit 100% FDI under automatic route for SBRT", the statement added.

Business Volvo Cars posts record sales of 2029 units in India 2017
Author: 0 Volvo Cars posts record sales of 2029 units in India 2017

We are in particular very satisfied with the strong growth in volumes in the C-Class, E-Class and the SUV segment which remains the mainstay of our portfolio. Mercedes's biggest global sales success came with a growth of 25.9% in China, its biggest market, where it delivered 587,868 cars. Volker Mornhinweg, head of Mercedes-Benz Vans, said: "It is important to us that our vehicles appeal to camper van bodybuilders as well as to end customers".

Business Use your Apple Watch to control select Whirlpool appliances
Author: 0 Use your Apple Watch to control select Whirlpool appliances

The improvements to the app include image-recognition technology, so it can offer suggestions based on multiple ingredients you have on hand. With one click, users can add the ingredients from any recipe to their shopping list. Whirlpool is boasting that it's the first appliance maker with an app written from the ground up for the Apple Watch, and will be showcasing it at the CES expo, opening it for download later in the quarter, to go with your newest washer/dryer smart hybrid.

Business 7 rivals to give Bitcoin a run for its money in 2018
Author: 0 7 rivals to give Bitcoin a run for its money in 2018

Prices of the world's largest cryptocurrencies appeared to take some major hits on Monday morning after CoinMarketCap.com , arguably the most popular and important site for cryptocurrency pricing data, opted to remove South Korean exchanges from its data sources .

Business Hulu Hits $1 Billion Ad Milestone
Author: 0 Hulu Hits $1 Billion Ad Milestone

The report, entitled The SVOD Report: Charting The Growth In SVOD Services Across The UK , also revealed that Sky's NOW TV service achieved the largest annual subscription growth of 70 per cent, adding 600,000 subscribers in the a year ago to reach a subscription base of 1.4 million homes.

Business Stoke Contact Martin O'Neill In Search For New Manager
Author: 0 Stoke Contact Martin O'Neill In Search For New Manager

The Potters need to replace Mark Hughes before they slip any further into the relegation mire and Rowett and Republic of Ireland boss Martin O'Neill topped the shortlist. "Together, we have enjoyed four successful campaigns including three consecutive ninth-place finishes; the highest position the club has reached since 1975".

Business Starbucks Introduces Its First New Espresso In 40 Years
Author: 0 Starbucks Introduces Its First New Espresso In 40 Years

The Seattle coffee giant - caffeinating folks across the planet for decades - today rolled out a new espresso option in the USA dubbed Blonde espresso . If Blonde Espresso doesn't sound like a foreign concept to you, that might be because the roast was offered in foreign markets previously, debuting in Canada last winter.

Business Britain starts
Author: 0 Britain starts "one of the world's toughest bans" on microbeads

As of today, manufacturers of cosmetics and personal care products will be prohibited from adding these tiny pieces of plastic to their products, with a ban on the sale to come later in 2018. "They can be ingested directly into the fish and while we're still looking for extra evidence on the impact on human health, the point is that they don't need to be there and that's why we've taken the steps to have this ban".

Business Jeff Bezos' wealth hit a high $USD105.1 billion surpassing Bill Gates
Author: 0 Jeff Bezos' wealth hit a high $USD105.1 billion surpassing Bill Gates

Forbes , another publication that tracks the net worth of the world's richest people, also has Bezos in the top position with a net worth of $104.5 billion. Bezos' wealth peaked as Amazon stock prices have climbed on the back of strong holiday shopping performance. According to a Bloomberg analysis, Gates' publicly disclosed donations show he has donated 700 million shares of Microsoft , worth $61.8 billion at today's value, along with $2.9 billion in cash.

Business Kodak shares jump as company announces KODAKCoin cryptocurrency
Author: 0 Kodak shares jump as company announces KODAKCoin cryptocurrency

With the price of Bitcoin , Litecoin , Ripple and other digital currencies skyrocketing, an eclectic mix of small, unrelated businesses has attempted to ride the wave of investor interest by teasing cryptocurrency pivots. "It appears that Kodak is jumping on a bandwagon that has lately been driven primarily by hysteria, and smacks of a move that suggests that management doesn't have any better options".

Business Donald Trump working five hours a day, schedule reveals
Author: 0 Donald Trump working five hours a day, schedule reveals

He had lunch for an hour, then another 75 minutes of executive time , then a 45 minute meeting with National Security Adviser HR McMaster . "In college I used to call those moments when I got high and watched movies 'Executive Time , '"joked The Daily Beast's Sam Stein".

Business Sushma Swaraj meets Indian diaspora in Singapore
Author: 0 Sushma Swaraj meets Indian diaspora in Singapore

Swaraj also met with the delegations of Indian diasporas from Association of Southeast Asian Nations ( ASEAN) countries in Singapore. Earlier today, Swaraj said as the trilateral highway project from India to Thailand is making considerable progress, New Delhi is planning to extend its connection further with other ASEAN countries.

Business Murray eyes grass-court return after hip surgery
Author: 0 Murray eyes grass-court return after hip surgery

He was operated on by the renowned Dr John O'Donnell at the St Vincent Hospital, a hip arthroscopy specialist, in Melbourne on Monday. He withdrew from the US Open two days before the start of the tournament in August previous year, and said he realised he was not ready to compete in Brisbane last week when he tested his hip against other top-50 players.

Business Appointed regulators reject plan to rescue coal and nuclear plants
Author: 0 Appointed regulators reject plan to rescue coal and nuclear plants

On Monday, the Federal Energy Regulatory Commission (FERC) denied a rule proposed by Energy Secretary Rick Perry earlier this year ( PDF ) to compensate coal and nuclear generation facilities over and above the compensation they now receive if they kept 90 days' worth of fuel on site.

Business Beamer, Brown highlight 2018 College Football Hall of Fame class
Author: 0 Beamer, Brown highlight 2018 College Football Hall of Fame class

His 21 career interceptions and 389 interception return yards still stand as Miami and Big East records. He is now the third Longhorn Football coach to join the group, joining D.X. In addition, 75 FBS players , as well as 98 players and 31 coaches from the divisional ranks are included on the 2018 ballot. Taylor came to Nebraska from Wichita Falls, Texas, and was a starter at both left guard (1995 and '97) and center (1996) during his Husker career.

Business Pyongyang Names Delegation to Attend Talks with South Korea
Author: 0 Pyongyang Names Delegation to Attend Talks with South Korea

Asked if North Korea's denuclearization issue could be discussed, the spokesman said, "The two Koreas plan to discuss Olympic cooperation and issues of mutual concern". Mr Ri has mostly taken part in military talks with the South and is known for angrily storming out of one meeting within minutes, denying Pyongyang's role in the 2010 sinking of a South Korean warship.

Business U.S. economy falls short on job creation
Author: 0 U.S. economy falls short on job creation

The unemployment rate held steady at 4.1 percent, according to the BLS employment report issued January 5. "Surprisingly, there are few indications that the tight labor market is leading to stronger wage growth, a disappointment given that the expansion is now more than eight-and-a-half years old", Stuart Hoffman, senior economic adviser with PNC Financial Services Group, said in a note.

Business Rahul Gandhi meets Bahrain Crown Prince; talks mutual issues
Author: 0 Rahul Gandhi meets Bahrain Crown Prince; talks mutual issues

On Sunday former Union minister Kamal Nath , MP from Guna seat Jyotiraditya Scindia, Arun Yadav, leader of Opposition Ajay Singh and AICC general secretary in-charge of Madhya Pradesh affairs Deepak Babaria will sit for a meeting with Rahul Gandhi to prepare the roadmap for the November assembly elections.