Friday June 22-nd, 2018

WWDC 2018: Everything to expect from today's Apple WWDC keynote WWDC 2018: Everything to expect from today's Apple WWDC keynote

The alleged tighter focus on stability and bug fixes means that Apple is saving its bigger iPhone and iPad changes for later, including a redesigned home screen in iOS 12 , an overhaul to Siri , Apple's voice assistant, or a heap of photography...

Merkel endorses Macron's European Union military plan Merkel endorses Macron's European Union military plan

In her words, cohesiveness among currency block members is important, "but solidarity between European partners should not lead to a debt union but help its members to help themselves". Germany's Bundeswehr would not need to participate in all such E...

Saudi Arabia's King Salman reshuffles cabinet with eye on culture Saudi Arabia's King Salman reshuffles cabinet with eye on culture

Le Monde said that in the letter sent to the French president, Saudi's King Salman had expressed his "deep concern" with the discussions between Doha and Moscow and warned about the risk of escalation. He said it was permissible for unrelated men a...

China to cut some import duties China to cut some import duties

But ZTE's possible resuscitation has met strong resistance in Congress, where both Democrats and Trump's fellow Republicans have accused him of bowing to pressure from Beijing to help a company that has been labeled a threat to US national security.

Deutsche Bank on United States 'troubled' list Deutsche Bank on United States 'troubled' list

Shares in the bank closed at an all-time low on Thursday as past misadventures in high-risk investment banking stymied the new chief executive Christian Sewing's attempt to refocus on its more staid corporate banking roots. Deutsche Bank (NYS...

Google won't renew its military AI contract

Greene said Google made a decision to work on Project Maven "at a time when Google was more aggressively pursuing military work", Gizmodo reported . But Google didn't have it-so it had to rely on other geospatial imagery for its early wo...

Fiat Chrysler; Lululemon — CORPORATE REPORT Fiat Chrysler; Lululemon — CORPORATE REPORT

Truck maker Ram will limit its alternative powertrains to a high-end premium truck, the TRX, which will compete with Ford's Raptor. The new "heart of the market" GTV will have 50/50 weight distribution, 600-plus horsepower with E-Boost, all-wheel...

Sears To Close 72 More Stores; Slips To Loss In Q1 Sears To Close 72 More Stores; Slips To Loss In Q1

Overall, Sears reported a $424 million loss in the first quarter of 2018 compared with a $245 million profit during the year-ago period. Last year's positive earnings were the result of $492 million recognized in the sale of the company's Craftsma...

Spain's new leader takes aim at corruption, austerity Spain's new leader takes aim at corruption, austerity

Rajoy's Popular Party (PP) was fined for having benefited from the kickbacks-for-contracts network. "Handsome", filed the motion to force Rajoy out of office, after the then-prime minister's conservative Popular Party (PP) was embroiled in a corrup...

Vermont will pay you $10,000 to move there, work remotely Vermont will pay you $10,000 to move there, work remotely

Its governor this week signed a law to spend that kind of cash recruiting between 300 and 1,000 people to move there, provided they have remote working jobs with out-of-state companies. Vermont is aging faster than the rest of the USA population, an ...

Canada Imposes Retaliatory Tariffs On US Imports Canada Imposes Retaliatory Tariffs On US Imports

And President Donald Trump has the authority to alter the tariffs or impose quotas or "do anything he wishes at any point" - allowing "potential flexibility" to resolve the issue. Trump had offered the two United States neighbours a permanent exe...

OECD: Significant growth for Greece over the next 2 years

It also praised the plan of President Sebastian Pinera to reform Chile's tax system. Supported by exports, capital spending and private consumption, the Japanese economy is projected to continue to grow 1.2 percent for 2019, according to the re...

Economy beats job growth estimates in May as unemployment continues to fall Economy beats job growth estimates in May as unemployment continues to fall

Economists will also be closely watching wage data , with average hourly earnings expected to rise 0.2% over last month in May and 2.6% over the prior year. Black unemployment is down to 5.9 percent, while white unemployment is at 3. 5 percent - th...

Deutsche Bank CEO tells staff he's 'sick and tired' of bad news

The Fed's stress test results, expected to be released sometime this month, will be the next big public barometer of Deutsche Bank's financial strength. Germany's largest lender is already facing challenges with USA bank regulators and in financial m...

Google plans not to renew military deal protested by employees

Some employees apparently didn't buy it, and around a dozen quit - thousands more signed a petition protesting the company's involvement . The Department of Defense said machine learning is critical to "maintain advantages over increasingly cap...

FTSE slumps as Italy crisis hits European markets FTSE slumps as Italy crisis hits European markets

He said that while it was doubtful that the 5-Stars and League would "embrace a clear euro-exit platform", they can be expected to be more hostile toward the EU. "This should keep the risk trades pressured to the downside", Nick Twidale, Sydney-bas...

Warren Buffet reportedly offered Uber a $3 billion investment Warren Buffet reportedly offered Uber a $3 billion investment

Uber CEO Dara Khosrowshahi said he would fulfil a career ambition in securing investment from Warren Buffett after Bloomberg revealed that talks took place over a $3 billion deal. A representative for Mr Buffett did not immediately respond to...

Oil industry fears toll of Trump steel, aluminum tariffs Oil industry fears toll of Trump steel, aluminum tariffs

Mexico said it will impose retaliatory duties on a variety of USA goods, including steel and a host of agricultural goods, including pork, apples, blueberries and various cheeses. Malmstrom sees no hope and expects U.S. to impose some kind of cap ...

STARBUCKS STRIKES: CEO Schultz Blames Trump for ‘Racial Divide’ STARBUCKS STRIKES: CEO Schultz Blames Trump for ‘Racial Divide’

The national chain is closing more than 8,000 stores nationwide Tuesday to restore its image after backlash from an incident. Her African-American colleague Les Fable was not as surprised. Schultz said the woman "wanted us to understand the impri...

US to slap tariffs on EU steel and aluminium US to slap tariffs on EU steel and aluminium

Stock prices slumped amid fears of a trade war , with the Dow Jones industrial average falling almost 252 points, or 1 per cent, to 24,415.84. The White House has announced that it will stop giving exemptions to steel and aluminum tariffs for ...

Markets Calm on Signs That Italy May Avoid Elections Markets Calm on Signs That Italy May Avoid Elections

He has stepped aside. Two of Italy's political parties have agreed to form another coalition government to avert a snap election . He explained: "Rumours are emerging that Five Star and League officials are meeting with [President] Mattarella ...

Kerala cuts tax on petrol, diesel by Re 1 Kerala cuts tax on petrol, diesel by Re 1

But a company statement later said, "There was a technical glitch in posting the selling prices of petrol and diesel on our website today". The "Joke of Petrol , diesel prices cut by 1 paisa " did not go down well with people on social med...

Sask. reacts to federal government's purchase of Trans Mountain pipeline Sask. reacts to federal government's purchase of Trans Mountain pipeline

In January, British Columbia Premier John Horgan considered new regulations on bitumen, a heavier type of oil found in Canada . The price tag doesn't include construction costs for an expansion project, now under contention. Over the weekend, an o...

US to impose steel tariffs on EU US to impose steel tariffs on EU

The EU says it's ready to retaliate with its own crackdown on USA imports like peanut butter and denim jeans. USA and European officials held last-ditch talks in Paris to try to reach a deal, though hopes are low and fears of a trade war are mounti...

All Starbucks To Close Today For Anti-Bias Training All Starbucks To Close Today For Anti-Bias Training

Starbucks found itself in the national spotlight after two black men were arrested at a Philadelphia location last month. Changing who's at the helm of an organization will do more to change it than a day of racial bias training . Starbucks did ...

Canada to Buy Kinder Morgan Pipeline for $3.5 Billion Canada to Buy Kinder Morgan Pipeline for $3.5 Billion

Following the news Tuesday morning that the Canadian government has purchased the controversial Kinder Morgan Trans Mountain pipeline for a whopping $4.5 billion, Castanet hit the streets to find out how Okanagan residents feel about it. "I'm concern...

Federal Bureau of Investigation urging people to restart routers after thousands infected by 'foreign actors' Federal Bureau of Investigation urging people to restart routers after thousands infected by 'foreign actors'

Clearly, it's a sophisticated piece of tech; the Federal Bureau of Investigation attributes the malware to "foreign cyber actors" and The New York Times reports that it's of Russian origin, with the Justice Department linking it to the Sofacy Group...

PC government would reintroduce 'buck-a-beer' to Ontario, promises Ford PC government would reintroduce 'buck-a-beer' to Ontario, promises Ford

But during a campaign stop in rural southwestern Ontario, Ford said he has been forthcoming about his party's plans, priorities and projected costs. Memberships are supposed to cost the person signing up $10. Ford says he did not pay for anyone els...

Japan scrambles for information about sudden 2nd inter-Korean summit Japan scrambles for information about sudden 2nd inter-Korean summit

Later, the North Korean leaders said they were ready to meet anytime and anywhere. North Korea claims it dismantled its only known nuclear test site last week, detonating explosives and collapsing tunnels as a group of global journalists watched th...

Record Number of Marylanders Traveling Memorial Day Weekend Record Number of Marylanders Traveling Memorial Day Weekend

Meanwhile, gas prices are steadily rising, and road safety is on the minds of many . And DeHaan said USA oil inventories are about 17 percent lower than a year ago. There are a number of factors for the recent price surge. "So if you choose to ignor...

Netflix briefly tops Disney market value in fresh challenge Netflix briefly tops Disney market value in fresh challenge

Netflix's stock on Thursday was up 2.3 percent at $352.90, in line with the median price target of analysts covering the Los Gatos, California company, according to Thomson Reuters data. So far, the company's bullish fans are comfortable with Netflix...

Tenney, Brindisi respond to Dodd-Frank rollbacks Tenney, Brindisi respond to Dodd-Frank rollbacks

Under the new law, banks with more than $50 billion in assets would no longer be automatically subject to the toughest federal regulations, including a yearly stress test to prove they could survive another onslaught of economic turmoil. However, it ...

Emergency brakes disabled on unmanned Uber that killed Arizona woman Emergency brakes disabled on unmanned Uber that killed Arizona woman

But it did not hit the brakes, as the emergency braking system had been disabled, nor did it warn the driver because, again, it couldn't. Data playback from the Uber self-driving system shows when, at 1.3 seconds before impact, the system deter...

Chrysler recalls 4.8M cars, SUVs, trucks Chrysler recalls 4.8M cars, SUVs, trucks

The company emphasized drivers could overpower the system by continuously applying the brakes until the vehicle stopped or the vehicle could be stopped by shifting into neutral and braking. Mark Chernoby went on to say "We have a remedy and a widespr...

Oil falls as investors grow wary of OPEC commitment to supply deal Oil falls as investors grow wary of OPEC commitment to supply deal

Tuesday evening the American Petroleum Institute (API) reported that crude inventories fell by 1.3 million barrels in the week ending May 18. Brent for July delivery rose 23 cents to $79.80 on the ICE Futures Europe exchange and traded at a $7.96...

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