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Finance

His comments follow a week of escalating tariff threats sparked by us frustration with China's trade and intellectual property policies. The United States and China have announced proposed tariffs on imports from either nation in recent weeks , creating renewed concern that this tit-for-tat trade spat may escalate into a full-blown trade war between the world's largest economies.
  • Orlando Nightclub Gunman's Widow Acquitted

    Orlando Nightclub Gunman's Widow Acquitted

    Finance

    If she had been convicted, she could have received life in prison. Eventually, however, the court agreed the protection anyhow, acquitting Noor Salman of both costs: aiding and abetting the arrangement of product assistance to an global terrorism company- in this instance, the Islamic State, to which Omar Mateen vowed his obligation throughout the strike- and also blockage of justice.
  • Barclays pays $2bn to settle USA mortgage investigation

    Barclays pays $2bn to settle USA mortgage investigation

    Finance

    After three years of research, department that led Loretta Lynch determined that Barclays caused billions in losses with a network that allowed it to offer active investors low-quality debt, which ended up going to pique when It collapsed housing market.
  • Australia FM Hints at World Cup Boycott

    Australia FM Hints at World Cup Boycott

    Finance

    Bishop said she thought Australia had taken "appropriate action" with the removal of the two Russian diplomats. British Prime Minister Theresa May announced earlier this month that no ministers or members of the Royal Family will attend the tournament in the wake of the poisoning of former Russian spy Sergeri Skripal.
  • States Plan Lawsuits Over New Citizenship Question in Trump's Census

    States Plan Lawsuits Over New Citizenship Question in Trump's Census

    Finance

    She said the administration made a decision to reinstate the question because it has "provided data that's necessary for the Department of Justice to protect voters, and specifically to help us better comply with the Voting Rights Act, which is something that's important and part of this process".
  • Turning Sour on China's Oil Benchmark

    Turning Sour on China's Oil Benchmark

    Finance

    Active trading of the yuan-denominated crude contracts in Shanghai could eventually give mainland oil companies and consumers a greater say in pricing the commodity. But that "comes as Shanghai crude oil futures made a strong debut and was well received by investors", Kapadia said in emailed commentary. In a note, Barclays Research analysts said they also expected the supply deficit of the past few months to give way to a surplus due to rising USA output.
  • Remington, Among America's Oldest Gun Makers, Files for Chapter 11 Bankruptcy

    Remington, Among America's Oldest Gun Makers, Files for Chapter 11 Bankruptcy

    Finance

    It filed papers in the bankruptcy court of DE last week, after suffering crippling publicity in the wake of the Sandy Hook shooting . The restructuring agreement will allow Remington to reduce some $700 million of its consolidated debt, according to the company, as well as inject a contribution of $145 million of new capital into its operating subsidiaries.
  • Madison Bumgarner diagnosed with fractured left hand

    Madison Bumgarner diagnosed with fractured left hand

    Finance

    On Friday, Bumgarner was making his last appearance before starting on Opening Day for the Giants, when he was struck with a hard liner during the third inning. the players that they brought in, I'm really excited", Bumgarner said prior to his injury. The regular season hasn't even started and the San Francisco Giants are right baCK TO where they were past year at this time.
  • Markets rattled again by trade war fears after Chinese retaliation

    Markets rattled again by trade war fears after Chinese retaliation

    Finance

    Chinese shares fell sharply after Beijing unveiled plans for tariffs on up to $ 3 billion of US imports in retaliation for USA duties on steel and aluminium products from China and other countries that went into effect on Friday. Commodities did not fare well, either. Shares of Deutsche Bank, which retained an 80 percent stake in DWS, then fell more than 4 percent before recovering slightly.
  • WhatsApp co-founder urges people to delete Facebook accounts

    WhatsApp co-founder urges people to delete Facebook accounts

    Finance

    Acton is the most prominent voice to use the #deletefacebook hashtag on Twitter after reports published Saturday said the data mining company Cambridge Analytica had allegedly harvested personal information from 50 million Facebook users without their permission.
  • Could Amazon be eyeing Toys 'R' Us locations?

    Could Amazon be eyeing Toys 'R' Us locations?

    Finance

    Amazon sees voice as the next interface for people to access technology - supplanting computer mouses and touchscreens - and the benefits may be easier to demonstrate in a real-world setting. The toy store chain in early February started liquidation sales at 144 stores in the US after for filing for Chapter 11 bankruptcy in September. A post on the door said the store will indeed close, but they have not heard when the final date will be or when liquidation sales will start.
  • Volkswagen Atlas Ditches Two Seats for New Variant

    Volkswagen Atlas Ditches Two Seats for New Variant

    Finance

    Amid much fanfare Monday afternoon, Volkswagen officials announced the next-generation vehicle to be built in Chattanooga. VW said it would reveal the model's name in NY. It also makes sense to build vehicles in the markets where they are sold to minimize shipping costs and avoid exposure to currency fluctuation, she said.
  • Alibaba to invest additional $2 billion in Lazada, replaces CEO

    Alibaba to invest additional $2 billion in Lazada, replaces CEO

    Finance

    The statement didn't specify how much of the company Alibaba will own after the latest investment. Lucy Peng, who now serves as Lazada's chairwoman, will assume the additional role of chief executive officer. Bittner will remain involved as "senior advisor to Alibaba Group " and apparently involved in future strategy, including further worldwide expansion opportunities.
  • Sumter students participate in National Walkout Day

    Sumter students participate in National Walkout Day

    Finance

    Justin's mother, Megan, says she was shocked no one else joined in, but she wasn't surprised her son participated in the walkout. The students carried signs with messages such as "Our Blood/Your Hands" and "Never Again" and chanted slogans against the NRA.
  • DKS Stock Falls After Earnings Again as 4Q Sales Disappoint

    DKS Stock Falls After Earnings Again as 4Q Sales Disappoint

    Finance

    It has outperformed by 22.53% the S&P500. Sports retailer Dick's Sporting Goods ( DKS ) on Tuesday reported fourth-quarter earnings that topped estimates but revenue and same-store sales that fell short. Brean Capital maintained Dick's Sporting Goods, Inc . Invesco Ltd invested 0% in Dick's Sporting Goods, Inc . Credit Suisse has "Hold" rating and $5500 target.
  • Twitch Offering More Free Games to Prime Subscribers Each Month

    Twitch Offering More Free Games to Prime Subscribers Each Month

    Finance

    Shifty will be a bonus. In addition to the aforementioned games, Twitch will also offer titles like Shadow Tactics , and strategy-RPG Tales from Candlekeep: Tomb of Annihilation . Amazon is the master of offering free stuff in return for a yearly subscription, and that thinking is slowly spreading to Twitch, which Amazon acquired back in 2014.
  • Walmart steps up home delivery service to challenge Amazon

    Walmart steps up home delivery service to challenge Amazon

    Finance

    Groceries can be delivered to customers as soon as the same day. "We're going to gain customers who might not have access to a brick-and-mortar store", he said. Customers only need to place a minimum order of $30. About 800 stores will operate the service. In another attempt to keep up the fight against Amazon , Walmart is expanding its grocery delivery service .
  • Charleston County enjoys the lowest unemployment rate in the Palmetto State

    Charleston County enjoys the lowest unemployment rate in the Palmetto State

    Finance

    When people stop looking for work, they are no longer considered unemployed for the objective of calculating the jobless rate, thus lowering the rate. Durable goods factories added the most jobs this month (+1,200). The January job gains were balanced with a reduction in the categories of real estate, retail trade, government, and transportation, warehousing and utilities.
  • Trump's Personal Aide Exits White House, Will Join Campaign

    Trump's Personal Aide Exits White House, Will Join Campaign

    Finance

    McEntee was present by Trump's side on a near constant basis. Mr. McEntee was removed from the White House grounds on Monday afternoon without being allowed to collect his belongings, a White House official said. "We don't comment on personnel issues", White House Press Secretary Sarah Sanders told the Journal . Just as with Rob Porter, who got bounced from his job a few weeks ago, McEntee appeared to have near-universal access to the president.
  • Serena Williams continues to win in BNP Paribas Open

    Serena Williams continues to win in BNP Paribas Open

    Finance

    Serena , unseeded in the wake of her long layoff, admitted she would have preferred not to come up against her sister so soon in the draw. Venus in an earlier match had beaten Romania Sorana Cirstea 6-3 6-4. "It definitely wasn't easy but it was good". The second was equally hard fought, the duo trading two breaks each before Williams got a third crucial break at 5-5.
  • Federer moves on, Stephens loses again at Indian Wells

    Federer moves on, Stephens loses again at Indian Wells

    Finance

    New York Times tennis writer Christopher Clarey said the Serbian's "crisis continues" as he searches for his first grand slam title since the French Open in 2016. He had elbow surgery in Switzerland shortly after that. "Very weird", Djokovic said. "He's only going to get better from here". "Many times I have looked at the draw and, 'Oh, God, Rafa is my second-round (opponent),' or something".
  • Oil rescued from price lows by Libyan supply disruption

    Oil rescued from price lows by Libyan supply disruption

    Finance

    As crisis-stricken Venezuela is struggling with a steep decline in its oil production, India's average oil imports from the Latin American OPEC member have slumped over the last few months to their lowest level since 2012, Reuters reported on Tuesday, quoting industry and shipping sources .
  • The Distance Between Tillerson's State Dept. And Trump's White House

    The Distance Between Tillerson's State Dept. And Trump's White House

    Finance

    The firing comes amid ongoing concerns related to Russian Federation and North Korea , two countries Tillerson cited when he addressed his firing in a statement streamed live on WFMZ.com Tuesday afternoon. In announcing Tillerson's sacking earlier Tuesday, Trump lavished praise on Pompeo, a former United States army officer and congressman who led the Central Intelligence Agency for almost 14 months , saying he would do a "fantastic job!" On Monday, the day before he was ...
  • Hundreds of passengers stranded as DGCA grounds 11 IndiGo, GoAir planes

    Hundreds of passengers stranded as DGCA grounds 11 IndiGo, GoAir planes

    Finance

    It and GoAir said they'd complied with the DGCA directive. Back in 1990, A320 planes operated by then Indian Airlines were grounded following a deadly crash that had killed 89 people. It comes after three in-service shutdowns of aircraft with one PW1100 engine featuring the seal, two of which occurred in the past week, according to the DGCA.
  • Warren: 'I'm Not Running for President in 2020′

    Warren: 'I'm Not Running for President in 2020′

    Finance

    When NBC's Chuck Todd pressed her on that fact during Sunday's " Meet the Press ", Warren said she is running for Senate, not for president, and plans on "staying focused" on that. This is an issue that's happening right here in America, ' she continued. "I am running for the United States Senate". "We need to bring some attention to it and we need to put some resources on it", she added .