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Finance

People protest in Tehran, Iran , Dec. 30, 2017, in this picture obtained from social media. Protesters angered by Iran's cratering economy have confronted police officers in front of parliament, with security forces firing tear gas at them, according to online videos .
  • Supreme Court closes online sales tax loophole

    Supreme Court closes online sales tax loophole

    Finance

    For the full story, head on over to CNN Money . The United States Supreme Court just issued a once-in-a-generation ruling for sales tax policy on Thursday . The state Department of Finance could not say how much NY was losing under the old ruling - or when it would enact new regulations to take advantage of the new ruling.
  • Stocks stumble as Trump moves toward an all-out trade war with China

    Stocks stumble as Trump moves toward an all-out trade war with China

    Finance

    In turn, China says their new import taxes are in response to an earlier set of tariffs by the United States, also of $34 billion at a 25 percent rate. Worries about a growing U.S. An extreme Chinese response would be a trade embargo on a swathe of U.S. goods, but that would be inconsistent with China's rhetoric and actions if Beijing initiated such a move.
  • Donald Trump weighs in on German immigration debate

    Donald Trump weighs in on German immigration debate

    Finance

    Mrs Merkel is trying to get France to create a joint proposal with her to tighten asylum rules before the European Union leaders summit in late June. Despite statistics saying the opposite, Trump suggested that "migration" is leading to an increase in crime: "Big mistake made all over Europe in allowing millions of people in who have so strongly and violently changed their culture!" he wrote on Twitter .
  • Want Your Town’s Roads Repaired? Just Ask Domino’s

    Want Your Town’s Roads Repaired? Just Ask Domino’s

    Finance

    Domino's has taken up road maintenance. And it's supposedly fixed a number of potholes in towns across the United States-including Burbank, California; Milford , Delaware; and Athens, Georgia. The company launched " Paving for Pizza " on Monday and it's asking people to nominate their town for road repairs. Domino's Pizza is fixing America's deteriorating roads, one pothole at a time.
  • AT&T Wins in Court to Merge With Time Warner

    AT&T Wins in Court to Merge With Time Warner

    Finance

    Federal judge Richard Leon appoved the $85 billion merger in court Wednesday, almost two years after the planned deal was announced . Fans have been following the Disney/Fox deal closely, as a merger between the two companies would mean Marvel Studios would reacquire the rights to the X-Men and Fantastic Four franchises, both of which have been under Fox's control for decades.
  • Kim Jong-un, Trump arrive in Singapore ahead of landmark summit

    Kim Jong-un, Trump arrive in Singapore ahead of landmark summit

    Finance

    He released a photograph from inside the room of North Korean vice foreign minister Choi Sun-hee smiling across the table at the USA lead negotiator, the Philippines ambassador Sung Kim . Some pundits have expressed concern that Trump will expect the summit to be an easy victory instead of the beginning of a sustained and arduous diplomatic process.
  • US cuts a deal with Chinese smartphone maker ZTE

    US cuts a deal with Chinese smartphone maker ZTE

    Finance

    The company settled criminal and civil charges past year in connection with violating US sanctions against Iran and North Korea. "At about 6 a.m. this morning [June 7], we executed a definitive agreement with ZTE ", US Commerce Secretary Wilbur Ross told US business network CNBC .
  • Microsoft just put another data center underwater

    Microsoft just put another data center underwater

    Finance

    There, another partner, the European Marine Energy Centre (EMEC), provided help including the undersea cable linking the centre to the shore. The 40ft cylinder is powered by tidal turbines and wave energy converters, using the water to cool naturally.
  • Only 2 Eagles wanted to go to White House

    Only 2 Eagles wanted to go to White House

    Finance

    And the beef between POTUS and the Eagles peaked Tuesday, when the White House said "the vast majority of the Eagles team made a decision to abandon their fans ". Professional and collegiate sports teams being recognized in a ceremony at the White House is a tradition that dates back many years. This also isn't the first time an athlete has chosen not to visit the White House for political reasons (remember Tim Thomas?), but it is the first time (now second) a president has been so ...
  • No agreement yet between US, China on ZTE: Trump aide

    No agreement yet between US, China on ZTE: Trump aide

    Finance

    ZTE ceased major operations earlier this year because of the ban . Now, ZTE has reportedly signed an agreement with the US, but apparently the Commerce Department has not yet signed. The Chinese company said in June 2017 that it had fulfilled its promise, but later admitted in March 2018 that while it had fired the four senior employees, it had not disciplined or reduced bonuses for the 35 others.
  • Kudlow describes U.S. trade dispute with Canada as 'family quarrel'

    Finance

    President Donald Trump mentioned the War of 1812 in an attempt to needle Canadian Prime Minister Justin Trudeau during a recent conversation focused on tariffs, CNN reported Wednesday. In particular, Trudeau was incensed with the suggestion that Canada poses a national security threat to the US. "Tariffs imposed last week by President Trump on European Union and Canada have increased significantly tensions before the meeting", a senior European Union official said, adding that a ...
  • Start the weekend with free doughnuts from these local shops

    Start the weekend with free doughnuts from these local shops

    Finance

    You don't have to buy anything to get a free one. "It's about judging the best donut in central Indiana". Potbelly Sandwich Shop: While not a National Doughnut Day deal, June 1 is the chain's 41st birthday and it's offering Potbelly Perks members a BOGO deal on sandwiches.
  • Trump to hit EU, Canada and Mexico with steel and aluminium tariffs

    Trump to hit EU, Canada and Mexico with steel and aluminium tariffs

    Finance

    US Commerce Secretary Wilbur Ross on Wednesday rejected calls to extend exemptions on the punishing import tariffs and warned that duties for massive US imports of automobiles were on the horizon. Donald Trump's move to slap penalties on imports from US allies including the European Union is moving the country to the brink of a global trade war as the White House tries to wrest concessions from trading partners that are threatening to retaliate.
  • Opec and Russian Federation better not poke the shale oil bear

    Opec and Russian Federation better not poke the shale oil bear

    Finance

    Anticipation of an increase in supply by OPEC and non-OPEC members is likely to have a moderating effect on oil prices in the coming weeks. "Clearly, the commentary from Russian Federation and Saudi Arabia popped the bubble", said John Kilduff , a partner at Again Capital LLC, a New York-based hedge fund.
  • Tesla in Autopilot Mode Crashes into California Police Car

    Tesla in Autopilot Mode Crashes into California Police Car

    Finance

    Jim Cota tweeted . The police vehicle was a total loss, and the Tesla driver suffered minor injuries. Earlier this month, the U.S. National Highway Traffic Safety Administration (NHTSA) said it was sending a team to investigate the crash of a Tesla vehicle in South Jordan, Utah.
  • Gladu Critical Of Trans Mountain Pipeline Purchase

    Gladu Critical Of Trans Mountain Pipeline Purchase

    Finance

    Under the agreement between the federal government and Kinder Morgan, the company would resume construction on the project, which was put on hold in April. "Canada will work with investors to transfer the project, and related assets, to a new owner or owners in a way that ensures that the project's construction and operation will proceed in a manner that protects the public interest", he said.
  • Rahul terms one paisa fuel price cut as 'prank'

    Rahul terms one paisa fuel price cut as 'prank'

    Finance

    Meanwhile, India woke up to marginal cut in petrol prices on Wednesday but the cheer was short-lived as it turned out that the 60 paise cut was just an error on part of the IOCL and the actual reduction in price was a meagre 1 paisa . "All this will reflect in reduction in retail rates in coming days", he said. In Delhi , VAT on petrol is Rs 15.84 and Rs 9.68 a litre on diesel. The cut comes after 16 consecutive day of price increase since May 14 when fuel retailers ended the ...