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Walmart Says It Will Raise Prices Because of Higher Tariffs

Walmart Says It Will Raise Prices Because of Higher Tariffs

He said the company will try to ease the pain, in part by working with suppliers' "costs structures to manage higher tariffs". That number is lower than many other retailers because more than half o...

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Taco Bell is opening a hotel this summer

Taco Bell is opening a hotel this summer

The fast-food chain says everything will be Taco Bell-themed, from the room decor to the breakfast menu to pool floaties shaped like hot sauce packets. The hotel and resort will also reportedly featur...

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FDA recalls certain tattoo inks due to bacterial contamination

FDA recalls certain tattoo inks due to bacterial contamination

Anyone who thinks they may have been hurt by the tattoo inks should contact their tattoo artist, their physician, and should also consider reporting their injury to MedWatch: FDA's Safety Informa...

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Amazon leads £450m investment in Deliveroo

Amazon leads £450m investment in Deliveroo

Deliveroo said it had raised a total of $1.5bn since it launched in 2013. Consolidation has also been heating up in the food delivery sector. Will Shu, the founder and chief executive of Deliveroo...

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Peterborough-based Thomas Cook reveals £1.4 billion loss

Peterborough-based Thomas Cook reveals £1.4 billion loss

Rising fuel and hotel costs have also impacted the firm's profits and are predicted to do so for the rest of the year, the statement said, adding that it had sold just 57 percent of its summer holiday...

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Walmart to launch free next-day delivery in Phoenix, Las Vegas

Walmart to launch free next-day delivery in Phoenix, Las Vegas

It is available on eligible orders of $35 or more, with the specific assortment varying by customer location. The discounter plans to roll out the service to 75% of the US population by year-end. Walm...

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Tesla's Solar Factory Exports 'Great Majority' Of Solar Cells

Tesla's Solar Factory Exports 'Great Majority' Of Solar Cells

Originally, the solar cells from the Buffalo factory were intended for the "Solar Roof" solution that Tesla is offering. Most of the solar cells made at Tesla's solar factory in Buffalo, New York,...

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Rimac teams up with Hyundai and Kia to build electric sportscars

Rimac teams up with Hyundai and Kia to build electric sportscars

Of the $80 million investment $64 million will come from Hyundai , and $16 million from Kia . The Hyundai Motor Group has invested heavily in hydrogen fuel-cell technology alongside its full-e...

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Uber's new 'quiet mode' lets you avoid small talk with drivers

Uber's new 'quiet mode' lets you avoid small talk with drivers

Premium units of United States ride-hailing company Uber are now offering a new service that allows their high-end clientele to ask for minimal conversation during the journey. Uber isn't the only rid...

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Fed's George says she sees no case for interest rate cut

Fed's George says she sees no case for interest rate cut

The Fed made its benchmark rate - which influences several consumer and business loans in a range of 2.25% to 2.5 percent. "The current outlook for inflation appears to be benign", she said. The ind...

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Trump urges China to act on trade deal

Trump urges China to act on trade deal

Then, China will adhere to a restrained position, too. On Thursday, US trade tariffs on $200 billion worth of Chinese goods were increased from 10 per cent to 25 per cent. These types of firms a...

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B.C. to go ahead with public inquiry into money laundering

B.C. to go ahead with public inquiry into money laundering

The decision comes after a report last week revealed $7.4-billion of dirty money flowed through the province a year ago. The reports were written by Peter German, a former RCMP deputy commissioner, ...

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Arriva takes United Kingdom to court over East Midlands rail franchise

Arriva takes United Kingdom to court over East Midlands rail franchise

Arriva said: 'We can confirm that we are seeking to obtain more information relating to how the bids for the East Midlands franchise were assessed, ' according to the Sunday Telegraph. Grayling's depa...

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Onex signs agreement to buy WestJet in $5B deal

Onex signs agreement to buy WestJet in $5B deal

Air Canada shares rose more than 5%. "This announcement has many workers very nervous about their future and anxious that the recent arbitrary changes the company has been making might only be the sta...

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U.S. industry groups denounce mounting tariffs on Chinese imports

U.S. industry groups denounce mounting tariffs on Chinese imports

On Monday, Trump said he would talk to Xi at a G20 summit in late June. Trump also denied talks with China had broken down after Washington punctuated two days of negotiations last week with a...

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Florida woman missing for 6 years found in freezer inside scrap warehouse

Florida woman missing for 6 years found in freezer inside scrap warehouse

The freezer containing Lacey's body had been in a Hollywood apartment where Jonathan Escarzaga, 36, was reported dead on February 17, 2019. "It thought it was a witch, or a mannequin", Lilian Arguet...

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Temasek joins Impossible Foods' US$300m Series E funding round

Temasek joins Impossible Foods' US$300m Series E funding round

High-tech veggie burgers that taste and feel like meat have become all the rage in recent months as restaurants scramble to get the plant-based foods on their menus . The fifth equity funding round...

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US Treasury Chief to Plan for Trade Meeting in China Soon

US Treasury Chief to Plan for Trade Meeting in China Soon

Futures on the S&P 500 Index dipped 0.1%. Last year, China's Treasuries holdings fell by about 5%, second in scale only to the 2016 reduction. Stocks Mixed as Trade Angst Lingers; Yuan Steadies: Mar...

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Jeremy Corbyn demands Britain’s 1,000 richest publish all their tax returns

Jeremy Corbyn demands Britain’s 1,000 richest publish all their tax returns

The combined wealth of Britain's billionaires has reached £524.84bn, up from £480.45bn past year, a 9.2 per cent rise. It does not include the amount contained in people's bank accounts, though. The S...

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Amidst turbulence, Jet Airways' CEO, CFO resign from the board

Amidst turbulence, Jet Airways' CEO, CFO resign from the board

Shares of Jet Airways Tuesday plunged over 7 percent, its second day of decline, after Agarwal resigned on Tuesday morning. Jet's shares closed 7.33% lower at 128.9 rupees on Tuesday, while the broa...

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Trump says tariffs battle will help USA farmers

Trump says tariffs battle will help USA farmers

Cellphones and laptops would be included in that list but pharmaceuticals would be excluded, the office said. The prospect that the United States and China were spiraling into a fiercer, more protra...

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Facebook will increase hourly wages for some content moderators

Facebook will increase hourly wages for some content moderators

Those in Seattle will earn $20, and workers in other US metro areas will earn $18. Facebook plans to raise the minimum hourly wage it pays thousands of contract workers around the U.S., acknowledgin...

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Bakkt Announces Physical Delivery Bitcoin Futures Contracts

Bakkt Announces Physical Delivery Bitcoin Futures Contracts

Bakkt is working with its customers "over the next several weeks to prepare for user acceptance testing (UAT) for futures and custody", which are expected to start in July. Among the unique propositi...

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Amazon Rolls Out Box Packing Robots to Replace Workers

Amazon Rolls Out Box Packing Robots to Replace Workers

And with the machines sold for $1 million, Amazon could recover its costs in under two years, Reuters' sources said. The machines can reportedly build 600 to 700 boxes per hour, which is fou...

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Musk makes 420 joke as he teases 60 'Starlink' universal internet satellites

Musk makes 420 joke as he teases 60 'Starlink' universal internet satellites

The satellites form a network that SpaceX is calling Starlink, which will consist of 7,000 total satellites when finished. All 60 spacecraft are crammed into the payload fairing of a single Falcon ...

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Trump Advisor Says

Trump Advisor Says "Both Sides Will Suffer" From US China Trade War

Analysts have warned that failed trade talks and the deterioration in relations will put a dent in the USA and China's economic prospects. Cellphones and laptops would be included in that list but pha...

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Bitcoin climbs above $7 000 as cryptocurrency rally extends

Bitcoin climbs above $7 000 as cryptocurrency rally extends

One recent piece of bullish news came from Bakkt, a digital asset exchange that shares a parent company with the New York Stock Exchange. With fundamental analysts always struggling to explain crypt...

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Iran calls for probe into recent attacks on ships in the Gulf

Iran calls for probe into recent attacks on ships in the Gulf

I can tell you that. "They're not going to be happy", Trump said. "They know what I mean by it". The Strait of Hormuz connects the Gulf to the Indian Ocean. On the anniversary of this exit Wednesd...

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Escalating U.S.-China trade war sinks stock indexes

Escalating U.S.-China trade war sinks stock indexes

It's not just China that has imposed tariffs on US goods - Mexico, Canada, India and Turkey are among the countries that have retaliatory measures in place - with some planning increases , too. The...

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Farmers get impatient with Trump's trade war: 'This can't go on'

Farmers get impatient with Trump's trade war: 'This can't go on'

In effect, both sides will pay ", Kudlow said . Kudlow called those figures "pretty wildly exaggerated" and took a shot at Wallace's "lightning round bullets". The US and China failed to make progr...

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