The Dow Jones Industrial Average was off by more than 500 points or roughly two per cent to 25,493 as technology companies like Microsoft , Intel , Cisco and Apple were all sharply lower. 12, 2018. "The US-China conflict extends beyond trade to areas such as technology, intellectual property rights, market access, industry policy, and ultimately centers on the competition between the two economic superpowers".
The special meeting on Wednesday could potentially be a flashpoint for tensions between Brexiteers and Remainers around the Cabinet table, with speculation that Leave-supporting ministers including Penny Mordaunt, Esther McVey and Liam Fox could be prepared to walk out if a deal ties the United Kingdom too closely to Brussels.
Oclaro Inc., which is being bought by Lumentum, lost 12 percent, its biggest drop since April. "The legacy iPhone models forecast is likely to increase significantly thanks to more affordable prices; the total iPhone shipments in 1Q19 are likely to see a YoY decline", Kuo continued, citing Career and Nissha Printing as two suppliers that might be affected by Apple's cuts.
IEA Executive Director Fatih Birol has spoken of the market entering " a red zone " if output losses from Venezuela and exports from Iran are not offset. Falih said Saudi Arabia was not preparing for a breakup of the Organization of the Petroleum Exporting Countries and believed the group would long remain the global central bank for oil.
So, we know that supply is going to be reduced and in the medium term we can expect higher oil prices . USA energy firms last week added 12 oil rigs in the week to November 9 looking for new reserves, bringing the total count to 886, the highest level since March 2015, Baker Hughes energy services firm said on Friday.
It is now the world's biggest online sales event and last year's total was more than Black Friday and Cyber Monday's totals combined, according to Bloomberg . Alibaba's Singles' Day sale is just not an online sale fest. "Singles Day is different now - it has more tricks than before", she said. So what exactly is Single's Day? Alibaba kicked off this year's sales with a gala event that featured USA singer Mariah Carey, a Japanese Beyonce impersonator and a shoe-shopping-themed ...
Google chief executive Sundar Pichai announced a detailed "action plan", which included making arbitration optional for individual sexual harassment and sexual assault claims. In September, McDonalds employees also went on a historic, multi-state strike in the USA against sexual harassment. Google is facing backlash over its handling of sexual misconduct cases at the workplace which is why many of its employees, mostly women, across the globe staged a protest by walking out of their ...
Tesla said Denholm will be serving as Chair on a full-time basis and that she will temporarily step down as Chair of the company's audit committee until she leaves Telstra . On Twitter Thursday morning, Musk wrote that he has great respect for Denholm. Tesla earned a US$311.5 million net profit during the third-quarter.
Democrats would dispute that on the basis of their gains in the House - a tally that is not final yet, but seems likely to fall near 35 seats. That probably avoids a burn-it-to-the-ground situation where Democratic voters, totally disillusioned with the ability of the current crop of officeholders, turn to a complete outsider for salvation (think Oprah or businessman Marc Cuban).
The US Federal Aviation Administration issued an emergency airworthiness directive on how to handle erroneous data from a sensor that investigators believe malfunctioned on a new Boeing jet that plunged into the sea in Indonesia, killing all 189 people on board.
As reported by Bloomberg , co-founder of Chinese mega-company Alibaba and China's richest person, Jack Ma , is weighing in on the US-China trade war reality, which Ma warns could last twenty years. In September, he blamed it for derailing his highly ambitious promise to create 1 million new USA jobs. "My view is, "Don't worry about technology", Ma added.
Washington State approved one of the toughest gun safety laws in the nation with a measure that increases the age limit to buy an assault rifle from 18 to 21 and imposes a 10-day waiting period for purchases. MI is also one of two states, the other being Alaska, where households are allowed to grow 12 marijuana plants. "Investors believed cannabis stocks were over-valued ahead of legalization, and then the stocks rocketed upward as legalization neared and took effect".
The court on Monday rejected appeals from the telecommunications industry seeking to throw out a lower court ruling in favor of the "net neutrality" rules. The administration's attempt to end the program a year ago was rejected by multiple federal courts and the Department of Homeland Security was ordered to continue accepting renewal applications while the case is adjudicated.
The choice of splitting the deal for so-called HQ2 was in part prompted by concerns that a single location may not be able to draw the needed 50,000 highly educated technical employees, said one person. Amazon has been tight-lipped about the process and declined to comment on the latest news. On November 5, The Wall Street Journal reported Amazon's surprising plan to divide HQ2 into two .
Trump complained for a long time about the trade deficit that the USA has with China and, among other things, wants the People's Republic to import more American goods. President Trump said that if a deal is not made with China, he could impose tariffs on another $267-B in Chinese imports into the United States, adding that China's economy had "been hit very hard" by previous USA tariffs.
Google employees at offices around the world are staging a walkout over the treatment of women at the company after sexual misconduct claims were made against several senior figures. Among other things, Mr Pichai and Ms Naughton disclosed that Google had fired 48 employees, including 13 senior managers , for sexual harassment in recent years without providing severance packages.
Even with US sanctions on Iranian exports due to come into force on November 4, oil prices have fallen about $10 a barrel since four-year highs reached in early October. Meanwhile, Brent further increased 0.74 dollars to 77.63 US dollars per barrel. The Iranian official also spoke about "European resistance" to USA and the help of "friendly countries", such as Russian Federation and China .
Japan Airlines co-pilot Katsutoshi Jitsukawa was arrested Sunday after failing a breath test shortly before a London to Tokyo flight and pleaded guilty in court today to being nearly 10 times over the legal limit for alcohol. In a statement JAL said: "The Company does not condone the individual's actions, as safety remains our utmost priority". Under Japan's Road Traffic Law, drivers are considered to be driving under the influence if they have an alcohol-per-liter-of-breath reading of ...
Trump made no mention of whether the two leaders talked about the USA indictment unveiled Thursday of two companies based in China and Taiwan accusing them of stealing trade secrets from a US semiconductor company, Micron Technology Inc. It was the fourth such case since September alleging Chinese espionage on USA economic interests. Federal Bureau of Investigation director Christopher Wray said the US has filed a civil lawsuit seeking to prevent the two indicted companies, Taiwan-based ...
In the 2017 report, the country was ranked 100. A Commerce and Industry Ministry statement in New Delhi said: " India's leap of 23 ranks in the ease of doing business ranking is significant considering that past year India has improved its ranking by 30 places, a rare feat for any large country of the size of India".
Reserve Bank case emphasising that "the Reserve Bank, apart from it being a reasonable body, is answerable to the Central Government, and the public opinion is certainly strong and vocal enough for it to heed". "Even the RBI board is being sought to be stuffed in a particular direction, which would prompt the discerning people to look askance and make it hard for RBI to frame policies", the union said in the letter.
If they won the House and Senate it would put them in a position to oppose the president's legislative agenda. If enough of those districts switch to Democrats, the Republican party could lose its super majority in the Legislature, meaning Republicans would be unable to override gubernatorial vetoes on a party-line vote.
With Tree of Life still cordoned off as a crime scene, more than 1,000 people poured into Rodef Shalom, one of the city's oldest and largest synagogues , to mourn the Rosenthal brothers, ages 59 and 54. "But I look forward to going to Pittsburgh ". "It's part of his programme to instigate his base", Mr Werber said, and "bigots are coming out of the woodwork".
The S&P 500 is down 111.68 points, or 4 percent. The Commerce Department said the US economy's gross domestic product, a measure of total output of goods and services, grew at a robust annual rate of 3.5 percent in the July-September quarter.
She took some of the blame, talking about the effect of "the negative influence of national politics" on local election results. In the end, the move won't just be good for her, but for her party, too. The CDU's coalition partners in Berlin, the Social Democrats (SPD), were also punished at the regional ballot, coming equal-second with the Greens, at 19.8%.
Lion Air JT610 pilot Bhavye Suneja. They routinely took this flight. At least 23 government officials were on board the plane , which an air navigation spokesman said had sought to turn back just before losing contact. The disaster agency of Indonesia has released some images which shows the debris and belongings that were floating in the Java sea after the plane sank into it.
The two companies called the acquisition a logical step after they've worked together for 20 years, saying IBM served as an early supporter of Linux, a key component of Red Hat's software distribution system. I'm sure I am not alone is fearing that IBM could ultimately ruin Red Hat and its offerings. At the same time, Red Hat will aim to leverage IBM's hybrid cloud and enterprise IT scale in helping expand open source technology offerings to businesses globally.
Tesla said in a statement that it "periodically" adjusts "available options and packages in order to simplify our product offering and deliver the best possible driving experience to customers". Musk's penchant for courting controversy with his erratic tweets had put intense pressure on Tesla to convince Wall Street that the company could produce Model 3 cars in a cost-efficient manner and turn a profit.
The single winning ticket in SC is officially worth $1.537 billion as an annuity or a lump sum cash prize of $877.8 million. For the victor, options include an immediate cash payment of $877.8 million, or the $1.537 billion prize paid out over 29 years.
Alphabet disclosed, for example, that passengers of its self-driving Waymo minivans are now paying for rides, but the offering remains limited to the Phoenix, Arizona region and Waymo's finances are not broken out. Since the end of September, analysts have cut their 2019 revenue estimates by 1%. Brian Olsavsky, Amazon's chief financial officer, said no fundamentals had changed, just some holiday timing in India and accounting differences.
He told the Wall Street Journal: "Well, the prince [Mohammed bin Salman] is running things over there more so at this stage". Callamard says she didn't need anyone else linked to the crime to conclude there was an "extrajudicial execution" - though she said it's still not known how high the order to kill Khashoggi went.
As for President Trump, he reacted just as everyone expected by going to Twitter and calling the NYT report "soooo wrong". Following a report from the New York Times that Russian Federation and China are taking advantage of his penchant for using his private iPhone, China's foreign ministry borrowed one of Trump's favorite words to describe the media.
Nearly 60 percent of the 2,767 stocks in MSCI's global equity index are now in so-called "bear market" territory - down 20 percent or more from their most recent peaks. Resources fell further, with giants BHP and Rio Tinto shedding 2.99 and 2.97 per cent respectively, and Fortescue Metals losing 4.4 per cent after reporting a fall in first-quarter iron ore shipments.
Most players will never get that life-changing result but the chance of winning millions of dollars on one day will always gain their attention. The winning numbers are 3, 21, 45, 53, 56 and a powerball number of 22. The news of the winning ticket has left the entire nation bummed out after learning they were not the winners. The cash option on the prize is $877.8 million.
An investigation by the anti-trust authority revealed that "Apple and Samsung implemented dishonest commercial practices", a statement said . The ICA also said that a major "information asymmetry" exists between consumers and manufacturers, leaving device owners without the know-how to restore their phone's full capacity.
The remarks came in response to Khan's tweet on Sunday saying he "strongly condemns the new cycle of killings of innocent Kashmiris" at the hands of Indian forces. Pakistan has not dropped the idea of seeking assistance from the International Monetary Fund (IMF) despite Saudi Arabia offering United States dollars 6 billion aid package to mitigate pressure on the cash-strapped country's foreign exchange reserves, officials said on Wednesday.
Mega Millions jackpots keep growing bigger and bigger when no one wins the grand prize. The odds of winning Mega Millions are about one in 302 million. The ticket sold worth about $877.8 million in a lump-sum cash payment, which most winners choose to take, rather than collect the full amount in annual payments over three decades.
Turkish intelligence has shared "all the evidence" over the murder of Saudi journalist Jamal Khashoggi with the CIA chief during a visit, pro-government media reported on Wednesday. CIA Director Gina Haspel is now in Turkey and is expected to return Wednesday. The report also said Middle-East human rights advocate Fadi Al-Qadi called the photo-op "ruthless".
Saudi Arabia will allow foreigners to invest in audiovisual services, land transport and real-estate brokerages, the Cabinet decided on Tuesday. USA light crude CLc1 lost $1,77 a barrel to a low of $67,59 before recovering to $67,86, down $1,50.
Today's Powerball lottery prize stands at $620m, making it the fifth-largest jackpot in United States history, after no one got all six numbers in Saturday's drawing. The last winners were a group of 11 co-workers who split an eyewatering $543million jackpot between them. The games are played in 44 states, Washington , D.C., and the US Virgin Islands.
Now playing: Watch this: Elon Musk's Boring Company wants to build a 'weird little. The Boring Company initially started off as a joke on Twitter while Musk was stuck in a traffic jam in Los Angeles. Existing Chicago trains take about 40-45 minutes to travel that same route . While Musk is known for his towering ambition and zealous breakthroughs, the tech billionaire also has a reputation for over promising on meeting benchmarks.
Trading volume, or volume, is the number of shares or contracts that point towards the overall activity of a security or market for a given period. Revenue for the recent quarter stood at $25.92 million, up 63% on previous year and above the $25.72 million predicted by analysts.
The victor might opt for the cash prize of more than $270 million, from which the federal government will take 25% right away, and more later. Because no Mega Millions winners emerged, the next scheduled drawing on Tuesday was projected to be worth a record $1.6 billion.
It is the second-largest jackpot for any lottery game played in the United States, behind the January 13, 2016, Powerball that had a $1,586,400,000 jackpot. The average Mega Millions purchase on Friday remained about $6, or three plays per ticket. So why do the jackpots keep growing to such astronomical figures? Don't count on making a deposit for anywhere close to $1.6 billion if you win the Tuesday night drawing, though.
It was also reported that 18 Saudi nationals had been arrested. "It offers no consolation to have Saudi officials confirm what the whole world already knows-Jamal Khashoggi was murdered inside the Saudi consulate in Istanbul ". President Trump on Saturday said Saudi Arabia had been untruthful in its response to Khashoggi's disappearance, but avoided blaming the crown prince directly for his death.
Interestingly, the website lists the price of the Model 3 Mid Range Rear-Wheel Drive vehicle as both $47,500 ( before savings ) and $45,000. However, Tesla is promoting the auto as costing as little as $30,700 by factoring in "gas savings" and all possible federal and local electric vehicle tax incentives (but not the destination charge).
But Mr. Quarles observed that the USA workforce becoming more educated may have upended that relationship. With a huge balance sheet driven by previous quantitative easing and an interest rate just slightly over inflation, monetary policy is still highly accommodative.
Trump stopped short of accusing the Saudis of killing Khashoggi , but he said there would be "very severe" consequences if it turns out they did. "I don't want to speculate on my worst fears". "They said, 'We were able to access this the first day, and we have various other evidence on this'". " We're working with the intelligence from numerous countries ", he said.
ET Saturday night. It's the second largest US jackpot ever, but experts say the higher the payout, the more seem to people buy in, but the less of a chance you have to take home the full amount. The average American spends about $223 per year on lottery tickets, according to a survey from LENDedu. Players get five numbers from 1 to 70 and one Mega number between 1 and 25.
The $667 million jackpot is the third-largest grand prize in USA history. A second-tier prize winning Mega Millions ticket sold for the Tuesday drawing that matched five of the five white balls drawn won the $1,000,000 prize. That distinction goes to the $1.586 billion Powerball jackpot in 2016 that was shared by three winners. Mega Millions lottery tickets on a counter at a Pilot travel center near Burlington, N.C.