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US states have launched an antitrust investigation of Google

US states have launched an antitrust investigation of Google

Attorneys general from 48 states , Puerto Rico and D.C. on Monday announced a bipartisan antitrust probe into Google and its potential to stifle market competition. Missouri Attorney General Eri...

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Share of uninsured Americans rises for 1st time in a decade

Income for the median US household a year ago finally matched its previous peak set in 1999 after growing at the slowest annual pace since 2014. American middle-class households now earn more in inf...

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USA gives Huawei back some gear it nicked two years ago

USA gives Huawei back some gear it nicked two years ago

Since the lawsuit was filed, according to court documents, the USA government has agreed to return the equipment, confirming that no export license was ever required for the shipment back to China . ...

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Jack Ma Ends 20-Year Reign Over Alibaba Wealth Creation Empire

Jack Ma Ends 20-Year Reign Over Alibaba Wealth Creation Empire

It is now a $460 billion behemoth, with most of its income coming from within mainland China. Jack Ma's charismatic leadership made him one of the most recognised Chinese entrepreneurs. He announced...

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Steven Mnuchin says economy is solid despite China trade war

Steven Mnuchin says economy is solid despite China trade war

Treasury officials this week and those from multinational firms were coming next week, Mnuchin added without naming any companies. The Wall Avenue Journal reported in August that Chinese imports ...

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Surging Pork Prices Fuel Consumer Inflation in August

Surging Pork Prices Fuel Consumer Inflation in August

Headline CPI is expected to come in at a highish 2.7% y/y, being held up by still-rising food price inflation. The year-on-year data were released as a long-running trade spat between the two world p...

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Tesla driver appears to be asleep in moving vehicle

Tesla driver appears to be asleep in moving vehicle

A Tesla spokesperson says the driver-monitoring system repeatedly reminds drivers to remain engaged and prohibits the use of autopilot when warnings are ignored. "I looked over and saw what I though...

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Frankfurt Motor Show 2019: Land Rover Defender unveiled

This shows in the face with the square LED light cluster and the big central air dam. Customers will be able to personalise their vehicle in more ways than any previous Land Rover with four Accessor...

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Gold edges up on rate cut bets, firmer equities limit upside

Gold edges up on rate cut bets, firmer equities limit upside

Gold prices fell today for the second day amid weak demand from local jewellers and retailers. "Gold has been retreating because of risk appetite returning to the market, so the concerns (over US-C...

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Google Confirms Government Scrutiny, Says It Must Hand Over Antitrust Records

Google Confirms Government Scrutiny, Says It Must Hand Over Antitrust Records

The probe is the latest blow against big tech companies as antitrust investigations ramp up in the US and around the world. The Monday announcement closely followed one from a separate group of stat...

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What Will The Fed Do? Powell Says US Recession Not In Sight

What Will The Fed Do? Powell Says US Recession Not In Sight

Powell's remarks did little to change investors' expectations for an interest-rate cut when USA central bankers gather in Washington on September 17-18. Even so, Powell did acknowledge "significant ri...

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Microsoft Calls US Treatment of Huawei 'Un-American'

Microsoft Calls US Treatment of Huawei 'Un-American'

That's the way this country works'". The electronics industry remains in flux as constant innovation fuels market trends. Chinese telecommunications giant Huawei was effectively banned from workin...

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Thomas jobless rate rises to 6.3% in August

Thomas jobless rate rises to 6.3% in August

Brantford's seasonally adjusted unemployment rate has been tumbling for months and now sits considerably below the monthly rate of 5.7 per cent for Canada and 5.6 per cent for Ontario. After three...

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Turkey threatens to open gates for Syria refugees to go West

Turkey threatens to open gates for Syria refugees to go West

The Turkish government categorically denies reports of forced deportations. Turkey reached a deal with the European Union in March 2016 under which Turkey would stem the flow of migrants into Euro...

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Iran: EU failing to save nuclear deal

Iran: EU failing to save nuclear deal

USA prosecutors in federal court allege the Adrian Darya's owner is Iran's Revolutionary Guard, which answers only to Supreme Leader Ayatollah Ali Khamenei. But the IAEA's acting chief made clear in m...

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Breaking Bugatti Chiron becomes a production vehicle after all

Breaking Bugatti Chiron becomes a production vehicle after all

Earlier this year, Bugatti once again broke the record for the fastest road vehicle. Bugatti is looking at "sexy" financing for its next edition, Mr Winkelmann said in an interview, after pare...

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Apple, Foxconn caught breaking Chinese labor laws while making iPhones

Apple, Foxconn caught breaking Chinese labor laws while making iPhones

The iPhone-maker is also expected to put bigger batteries and some real internal upgrades in the new iPhones . Nikkei said the cheaper Apple device would employ a "lower cost liquid crystal displ...

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Iowa Joins Antitrust Investigation into Google’s Business Practices

Iowa Joins Antitrust Investigation into Google’s Business Practices

Google and its subsidiary YouTube were fined a record $170 million to settle allegations by the Federal Trade Commission and the New York Attorney General that YouTube illegally collected personal i...

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New blood test trialled on 12,000 Scots catches lung cancer early

New blood test trialled on 12,000 Scots catches lung cancer early

The ECLS trial of the revolutionary blood test , which has been co-developed by Oncimmune Ltd, a University of Nottingham company, spun-out in 2003, has successfully been carried out in Scotland with...

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Looking to hire 30,000, Amazon plans nationwide job fairs

Looking to hire 30,000, Amazon plans nationwide job fairs

Earlier this summer, Amazon announced a program to get more of its employees into tech roles, pledging to retrain 100,000 workers and teach them new skills. Amazon is the largest e-retailer in the U...

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Oil hits six-week high on hopes of extended OPEC output cuts

Oil hits six-week high on hopes of extended OPEC output cuts

Prince Abdulaziz bin Salman's appointment to energy minister, which broke House of Saud tradition of having someone outside the royal family in charge of the oil industry, further consolidates power...

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VW reveals first electric auto

VW reveals first electric auto

The rest of the ID family will join, including a sedan , van, and a crossover previewed by the ID Crozz concept . Exactly how the ID.3's powertrain performs will dictate its suitability for the av...

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China Has Added Nearly 100 Tons of Gold to Its Reserves

China Has Added Nearly 100 Tons of Gold to Its Reserves

The central bank said the surge was the result of a stable balance of global payments, generally stable economic growth, and rising bond prices in major counties. In the beginning of August, the Chine...

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Slowdown blues: Auto sales down 23.5%, worst slump in two decades

Slowdown blues: Auto sales down 23.5%, worst slump in two decades

Companies, wary of piling inventory, resorted to holding onto their stock. Previously, the worst decline in the segment was registered in July this year when wholesales had fallen 30.98 per cent to 2,...

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Trump tweets increasingly moving markets

Trump tweets increasingly moving markets

Trump has grow to be far more energetic on Twitter lately, averaging far more than 20 tweets and retweets per working day, up from five in early 2017. Most of tweets come between noon and 2 pm the re...

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Man caught asleep at the wheel of self-driving auto

Man caught asleep at the wheel of self-driving auto

It appears the passenger in the front seat was asleep too. Randall beeped his horn in an effort to wake the slumbering man up, but had no luck. In June, another Tesla driver was similarly caught ...

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AB Foods Expects Reduced Primark Margins In 2019-20

AB Foods Expects Reduced Primark Margins In 2019-20

This was reported by parent company Associated British Foods , which maintained its expectations for the whole of 2019. Finally, UBS Group reissued a "buy" rating on shares of Associated British Food...

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Google siphoning personal data to advertisers, new evidence suggests

Google siphoning personal data to advertisers, new evidence suggests

New evidence submitted to the Irish data regulator revealed that the tech giant Google was using hidden web pages to feed personal data of users to the advertisers secretly. In just one hour, th...

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U.S. adds just 130K jobs, boosted by Census hiring

U.S. adds just 130K jobs, boosted by Census hiring

Fed chairman Jerome Powell and his Fed colleagues "will take this report , as well as recent news showing a more significant slowdown in manufacturing, as evidence that those are the right moves", Pe...

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VW Bug charges into the future with electric drivetrain

VW Bug charges into the future with electric drivetrain

It's an interesting twist on classic vehicle motoring, and a concept that could carry the hobby well into the future. Classic Volkswagens, like the Beetle and the Bus, are now iconic pieces of dri...

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