Money

Senate passes marijuana legalization bill

Senators have approved nearly four dozen amendments to Bill C-45. Prime Minister Justin Trudeau has previously said he hopes to legalize the sale of pot by this summer. Health Minister Ginette Petit...

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Poundworld puts 5,300 jobs at risk after announcing administration

Poundworld puts 5,300 jobs at risk after announcing administration

USA firm Flacks, which had expressed interest, is also understood to no longer be a contender. Carpetright (Other OTC: CGHXF - news ), Marks & Spencer (Frankfurt: 534418 - news), Mothercare (Othe...

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Iran Oil Prices Could Jump To 140 On U.S. Sanctions

Iran Oil Prices Could Jump To 140 On U.S. Sanctions

US West Texas Intermediate (WTI) crude futures were up 19 cents, or 0.3 per cent, at $66.14 a barrel. JP Morgan cut its 2018 crude forecast for WTI by $3 to $62.20 a barrel, traders said. USA crud...

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Trump vows a 'straightening out' of G7 trade at tense summit

Trump vows a 'straightening out' of G7 trade at tense summit

The White House is expecting a chilly reception from Canada and West European countries, already frustrated over Trump's withdrawal from the Paris climate accord and the Iran nuclear agreement. Trum...

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United Kingdom lawmakers have 'lost confidence' in TSB Chief Executive over IT crisis

United Kingdom lawmakers have 'lost confidence' in TSB Chief Executive over IT crisis

He confessed that while the bank's fraud team normally receive 10 fraud attacks a day, since its computer meltdown, which saw customers unable to make transactions or access their accounts, the number...

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Egypt's trade deficit climbs to $3.4B in March

Egypt's trade deficit climbs to $3.4B in March

But a protectionist trade policy being pursued by President Donald Trump poses a threat to the otherwise rosy economic outlook. She added: "If Trump is serious about reducing our trade deficit, then h...

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Trump to leave G7 summit early amid feud with Trudeau, Macron

Ottawa is also frustrated with the slow-moving talks to update the North American Free Trade Agreement, the 1994 agreement between Canada , the United States and Mexico. But Trump took to Twitter e...

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Google Bans Development Of Artificial Intelligence Used In Weaponry

Google Bans Development Of Artificial Intelligence Used In Weaponry

Department of Defense to analyze drone footage. Military applications Google will still pursue include those in "cybersecurity, training, military recruitment, veterans' healthcare, and search and re...

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Ghana FA dissolved by government amid corruption claims

Ghana FA dissolved by government amid corruption claims

The comment comes as several high profile officials of the Ghana FA including the President of the Association were seen taking bribes from Anas' men to compromise their decisions on the game and ...

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Back the bill, urges UK's May as Brexit law faces crunch test

Back the bill, urges UK's May as Brexit law faces crunch test

Ireland's deputy premier Simon Coveney warned that unless there was a legally-binding assurance that a hard border would be avoided "in all circumstances", there could be no progress on other elements...

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Cambridge Analytica admits it used researcher's Facebook data

Cambridge Analytica admits it used researcher's Facebook data

The data was leaked by researcher Alksandr Kogan; after his admission that he did pass on the data to Cambridge Analytica , Nix retracted his version of events to admit his company did receive Face...

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Latest milestone for USA job market: more openings than workers

Latest milestone for USA job market: more openings than workers

There are now more open jobs than there are unemployed people, a historically unusual development that should give workers more leverage to demand raises. Despite a robust number of jobs being added t...

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Macron and Trudeau vow to confront Trump on tariffs

The two leaders also dismissed as absurd Trump's assertion of national security concerns. Good luck, suggested Kudlow, the director of the U.S. National Economic Council. goods. With Trump, the dang...

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Investigation reveals new details from deadly Tesla crash in Mountain View

Investigation reveals new details from deadly Tesla crash in Mountain View

Investigators said that the Model X didn't attempt to brake or steer clear of the crash. Earlier today, the NTSB published its preliminary report on the events surrounding the fatal crash. A second ...

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Northern newspapers tell PM to get a grip on rail crisis

Northern newspapers tell PM to get a grip on rail crisis

Mr Grayling replied: "The people responsible for this have to pay the cost". She said the new timetable will deliver hundreds more services when properly implemented, but added that until this can...

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King Luther Capital Management Corp Cuts Holdings in Kinder Morgan (KMI)

King Luther Capital Management Corp Cuts Holdings in Kinder Morgan (KMI)

Kinder Morgan, Inc . ( KMI ) has a Return on Assets of 0.1 percent, Return on Investment of 0.3 percent and a Return on Equity of 0.3 percent. Shares of NYSE: KMI traded up $0.04 on Wednesday, hitt...

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Mexico Imposes Import Tariffs On US Pork, Agricultural Goods

Mexico Imposes Import Tariffs On US Pork, Agricultural Goods

During the War of 1812 , which lasted until 1815, British troops did burn the White House in 1814 as retaliation for an American attack on York (now Toronto), Ontario. "The six other countries of t...

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Ethiopia 'accepts peace deal' to end Eritrea border war

Ethiopia 'accepts peace deal' to end Eritrea border war

Eritrea had accepted EEBC's decision and refused to submit to any further negotiation without the prior acceptance by Ethiopia of the commission's decision. The 41-year-old former army officer was app...

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Salad Cream: Heinz 'considers Sandwich Cream re-brand'

Salad Cream: Heinz 'considers Sandwich Cream re-brand'

Manufacturer Heinz proposed the rebranding after research found that only 14% of customers use the sauce on salads. Of course, Heinz is not the first food company to pitch a major rebrand. The condi...

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Hudson's Bay to close Lord & Taylor's flagship NYC store

Hudson's Bay to close Lord & Taylor's flagship NYC store

Like other retailers, HBC is also grappling with a continued shift to online shopping. Hudson's Bay posted a net loss of $314 million Canadian dollars (roughly $243 million USA dollars) in its fir...

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David Koch Steps Down From Company, Political Groups

David Koch Steps Down From Company, Political Groups

David Koch is leaving his roles as government vice chairman and board member for Koch Industries and a subsidiary, Koch Chemical Expertise group, the place he served as chairman and chief government ...

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Bank cartel charges 'a test case'

Bank cartel charges 'a test case'

Deutsche Bank and Citigroup have denied any wrongdoing, with the latter bank claiming that regulators were effectively criminalizing practices that have always been the norm in the financial industry....

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Burger King temporarily shut down after mice seen on buns back open

Burger King temporarily shut down after mice seen on buns back open

The probe resulted in a cease-and-desist letter filed last week against the Burger King outlet, located at 2802 Concord Pike in Wilmington, over " gross unsanitary conditions " that posed an " imminen...

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ZTE reportedly signs deal that would end export ban

ZTE reportedly signs deal that would end export ban

ZTE was originally sanctioned for illegal sales to Iran and North Korea but agreed to take corrective action. ZTE seemingly had little hope of survival until President Donald Trump tweeted that h...

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Chuck Schumer Rips Trump Amid Reported ZTE Deal

What might "happen" is that ZTE will pay a US$1 billion fine, plus $400 million in escrow, an asset held by a third-party, to cover any future violations, according to a Reuters report . "By letting...

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Monsanto will scrap its notorious name after acquisition by Bayer

Monsanto will scrap its notorious name after acquisition by Bayer

Existing shareholders in the German company will be able to buy 2 new shares for every 23 held at a price of €81, Bayer said in a statement . Under U.S. "The acquisition is a strategic milestone in...

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United States imports to face European Union duties in July

United States imports to face European Union duties in July

EU members have given broad support to a European Commission plan to set 25 percent duties on up to 2.8 billion euros (2.4 billion pounds) of US exports in response to what is sees as illegal USA acti...

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Government to provide Rs 8000 crore package for sugarcane farmers

Government to provide Rs 8000 crore package for sugarcane farmers

Sugarcane farmers in the region are among the worst hit by pending dues. The package also include Rs 1,540-crore production-linked direct payment to help clear dues to cane farmers. The sugar indu...

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RBI hikes repo rate by 25 basis points to 6.25%

RBI hikes repo rate by 25 basis points to 6.25%

The move was predicted by 14 of the 44 economists in a Bloomberg survey, with the rest seeing no change. It was in January 2014 that RBI had last raised the short-term lending rate (repo) to 8 per c...

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'Our world is swamped by plastic'

'Our world is swamped by plastic'

The challenge started by UN Environment Goodwill Ambassador and Bollywood actress Dia Mirza is helping celebrities inspire the nation to use alternative methods. We must beat plastics, for our survi...

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Trump asks OPEC to increase oil output?

Trump asks OPEC to increase oil output?

It finished the previous session 1.6 per cent lower at $64.75. The premium for Brent to WTI hit a session low of $9.38, recovering slightly from last week when the spread reached $11.57, the wides...

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IHOP Tweets Hint at Changing Name to ‘IHOb’; Social Media Users Respond

IHOP Tweets Hint at Changing Name to ‘IHOb’; Social Media Users Respond

Some commenters said the IHOP name change is a hoax or probably just a publicity stunt. A spokeswoman for the company confirmed to The Post that the name change is not a joke. According to the iconi...

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Elon Musk will stay on as Tesla chairman despite attempted investor coup

Elon Musk will stay on as Tesla chairman despite attempted investor coup

Meeting the goal of 5,000 Model 3s a week by the end of June is crucial to generating enough cash to sustain operations without having to raise more capital. One investor wanted to strip the Tesla ...

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DNA Testing Service MyHeritage Hacked

DNA Testing Service MyHeritage Hacked

In an announcement, the company revealed that its Chief Information Security Officer received a message from a security researcher on June 4 that he had discovered a file named myheritage on a ser...

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Google backtracks on controversial military drone project Maven

Google backtracks on controversial military drone project Maven

Google's involvement in the controversial Project Maven aims to speed up the analysis of drone footage. "Therefore we ask that Project Maven be cancelled, and that Google draft, publicize and en...

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Kudlow: Trump Considering Separate Trade Deals With Canada, Mexico

Kudlow: Trump Considering Separate Trade Deals With Canada, Mexico

Trump earlier imposed harsh tariffs on steel and aluminum from many countries, including Canada and Mexico, prompting criticism and accusations of protectionism. "I think the important thought here is...

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Theresa May calls Donald Trump to say his steel tariffs are 'unjustified'

Theresa May calls Donald Trump to say his steel tariffs are 'unjustified'

The list of US agricultural products, almost all of which will be subject to taxes of 15 percent to 25 percent, also includes Tennessee or bourbon whiskey and cranberries. Trump has frequently called ...

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Britain to rule on Rupert Murdoch's bid for Sky on Tuesday

Britain to rule on Rupert Murdoch's bid for Sky on Tuesday

In news that has effectively fired the starting gun on a takeover battle for the satellite broadcaster, Matt Hancock, the culture secretary, cleared the two competing bids. Sky News would have to be ...

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This Airline CEO Said Only a Man Can Do His Job

This Airline CEO Said Only a Man Can Do His Job

And, later during the IATA panel, Al-Baker may well have quelled some of the outrage when he said Qatar Airways was the first airline in the Middle East to hire female pilots and put women in senior...

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He Said, She Said on UK Prime Minister, Trump Phone Call

Golf - he likes golf - let's have some golf tariffs on golf owners in Scotland". -China trade discussions - possibly the last before tariffs take effect - ended without a breakthrough. US steel prod...

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