US Fed raises lending rate, signals slower pace

Early gains for supermarket stocks haven't stopped the Australian sharemarket dipping to a fresh two-year low, with the bourse mirroring a Wall Street tumble following the US Federal Reserve rate hike. "I think that markets were looking for more ... More..

by | Published more than a month ago
Carlos Ghosn may get bail as Tokyo court refuses to extend detention
by | Friday, December 21, 2018

Carlos Ghosn may get bail as Tokyo court refuses to extend detention

In addition to charges against Ghosn and Kelly, prosecutors have also indicted Nissan, as the company submitted the official documents that allegedly under-reported his income. Ghosn has not issued any public...More..

Amazon just sent 1,700 private Alexa recordings to the wrong person
by | Friday, December 21, 2018

Amazon just sent 1,700 private Alexa recordings to the wrong person

How much data does Amazon have on you? Amazon has not disclosed how many times users have improperly been granted access to another person's recordings. "So I randomly listened to some of these audio files an...More..

Google shuts down 'censored' Chinese search project
by | Friday, December 21, 2018

Google shuts down 'censored' Chinese search project

But members of Google's privacy team confronted the Dragonfly project managers, saying the system had "been kept secret from them". Despite widespread condemnation of the news that Google was planning t...More..

Novartis' Sandoz Expands Cannabis Alliance with Tilray into Global Partnership
by | Friday, December 21, 2018

Novartis' Sandoz Expands Cannabis Alliance with Tilray into Global Partnership

In another step of major industries moving into the cannabis space, generic pharmaceutical company Sandoz will now collaborate with Canadian licensed producer (LP) Tilray (NASDAQ: TLRY ) for medical cannabi...More..

Meme mischaracterizes Chuck Schumer's record on border security funding
by | Thursday, December 20, 2018

Meme mischaracterizes Chuck Schumer's record on border security funding

Graham said that Trump should not sign the bill. About 25 percent of the federal government would be out of money Friday night unless Trump signs the bill into law. "U.S.A. WINS!" Trump tweeted this morning...More..

Altria spending $12.8B for a stake in e-vapor company JUUL
by | Thursday, December 20, 2018

Altria spending $12.8B for a stake in e-vapor company JUUL

Juul, which was founded in 2017, dominates the market for e-cigarettes in America, with about three quarters of sales. Tobacco giant Altria Group , also noted as the maker of Marlboro cigarettes, confirmed T...More..

Canada considers scrapping Saudi arms deal over Yemen, Khashoggi murder
by | Thursday, December 20, 2018

Canada considers scrapping Saudi arms deal over Yemen, Khashoggi murder

The Canadian leader had indicated previously that his government's hands were somewhat tied by the contract, saying it could cost $1 billion to cancel it. Trudeau has been criticized by political opponents and ...More..

Morocco backpacker murders: suspected jihadists arrested over beheading
by | Thursday, December 20, 2018

Morocco backpacker murders: suspected jihadists arrested over beheading

Police arrested a suspect in Marrakech on Tuesday and are still hunting three other men identified by initials "RA", "AE" and "OE". Local media reported that the suspects had links to the Islamic State group....More..

Army Veteran Crowdfunds Millions To Build Trump's Wall
by | Thursday, December 20, 2018

Army Veteran Crowdfunds Millions To Build Trump's Wall

Trump essentially abandoned his position from last week, when he told Democrats he would be "proud" to shutter government over border security. His declaration comes after the White House ditched its demand ...More..

UK’s post-Brexit visa strategy to benefit Indian students, professionals
by | Thursday, December 20, 2018

UK’s post-Brexit visa strategy to benefit Indian students, professionals

The United Kingdom has never had particularly strong immigration controls and Tory manifesto promises to cut the net annual inflow "from the hundreds of thousands to the tens of thousands" in 2010, 2015, an...More..

Veteran’s GoFundMe for border wall raises over $1 million
by | Thursday, December 20, 2018

Veteran’s GoFundMe for border wall raises over $1 million

Trump did not appear to make any public statement or social media post on Coulter's criticism, however, or his decision to drop his following tally from 46 to 45. That's what more than 13,000 people have done...More..

Deal With AB InBev Gives Tilray Stock a Pop
by | Thursday, December 20, 2018

Deal With AB InBev Gives Tilray Stock a Pop

AB InBev is the third alcohol company to partner or invest in a Canadian marijuana producer after the country became the first major economy to legalize marijuana in October. Belgium-based AB InBev is the own...More..

Musk bores tunnel to revolutionise city driving
by | Thursday, December 20, 2018

Musk bores tunnel to revolutionise city driving

Modified electric cars would be lowered into the tunnel and travel at speeds up to 150mph (240km/h), Mr Musk says. Elon Musk: Billionaire is behind the Boring Company and Tesla. The tunnel itself cost $10...More..

Xi Jinping says no one can 'dictate' China's economic path
by | Thursday, December 20, 2018

Xi Jinping says no one can 'dictate' China's economic path

In a speech lasting almost an hour-and-a-half, Xi called for support of the state economy while also guiding the development of the private sector, and said China will expand efforts at opening up and ensure th...More..

Guy creates the best comeuppance for package thieves
by | Thursday, December 20, 2018

Guy creates the best comeuppance for package thieves

A YouTuber named Mark Rober put glitter bombs and fart spray inside boxes and set them to go off when package thieves opened them up. The police at the time told him there wasn't much they could do about it, ...More..

Facebook Gave Microsoft, Amazon, Netflix Unrestricted Access To User Data
by | Thursday, December 20, 2018

Facebook Gave Microsoft, Amazon, Netflix Unrestricted Access To User Data

Facebook maintains that none of these partnerships or features gave companies access to information without "people's permission, nor did they violate the settlement with the FTC". This was an exemption issued...More..

A third Canadian citizen has been detained in China
by | Thursday, December 20, 2018

A third Canadian citizen has been detained in China

Canada arrested Huawei Technologies' Meng Wanzhou , the chief financial officer of the firm and daughter of the company's founder, for extradition at the request of the U.S. The other man, Michael Spavor , is...More..

Gatwick Airport: Drone sightings halt flights
by | Thursday, December 20, 2018

Gatwick Airport: Drone sightings halt flights

The Civil Aviation Authority's "Drone Code" says users must not fly their remote-controlled aerial devices near airports or airfields, or close to aircraft. "Will refuel and return to Gatwick.we hope as our aut...More..

S&P 500 ends flat in volatile trade ahead of Fed meeting
by | Wednesday, December 19, 2018

S&P 500 ends flat in volatile trade ahead of Fed meeting

World stock markets inched higher on Tuesday as investors looked ahead to whether the U.S. Federal Reserve will be able to raise interest rates much further amid turbulent markets and a weakening outlook for th...More..

Facebook Reportedly Gave Tech Companies Access to User Data Beyond Disclosures
by | Wednesday, December 19, 2018

Facebook Reportedly Gave Tech Companies Access to User Data Beyond Disclosures

Earlier this month, a British lawmaker released documents that revealed Facebook offered some companies, including Netflix and Airbnb, access to data about users' friends it did not make available to most other...More..

Third Canadian detained in China
by | Wednesday, December 19, 2018

Third Canadian detained in China

This has exacerbated the woes of the Chinese firm, which has already been virtually locked out of the USA market and has been prohibited by Australia and New Zealand from building 5G networks amid concerns ...More..

Elon Musk gives first look at his 'underground highway'
by | Wednesday, December 19, 2018

Elon Musk gives first look at his 'underground highway'

The Tesla, which has autonomous capabilities, did much of the driving itself - navigating curves and adjusting its speed while locked with those alignment wheels - but there was still a trained driver behind th...More..

Gender equality at work more than 200 years off: WEF
by | Wednesday, December 19, 2018

Gender equality at work more than 200 years off: WEF

Global managers who are women. The figures are a tiny improvement from last year's results, where the gap between the achievements and well-being of men and women widened for the first time in more than a dec...More..

MI small business owner gives workers $4 million in holiday bonuses
by | Wednesday, December 19, 2018

MI small business owner gives workers $4 million in holiday bonuses

A 200-employee craft foam maker in Ludington is giving almost $4 million in bonuses this season. FloraCraft, a sytrofoam company based in Ludington, which is in northern MI, says it will issue cash bonuses an...More..

Oil drops 4 percent on oversupply, equities sell-off
by | Wednesday, December 19, 2018

Oil drops 4 percent on oversupply, equities sell-off

Monday's losses came on the back of Genscape reporting that Cushing, Okla., crude inventory rose by 630,000 barrels last week while the Energy Information Administration, EIA, on Monday predicted a rise of 134,...More..

ObamaCare unconstitutional? What to know
by | Wednesday, December 19, 2018

ObamaCare unconstitutional? What to know

The ruling came as the result of a lawsuit filed earlier this year by Republican governors and state attorneys general, which argued that the ACA's mandate requiring the purchase of health care coverage had bee...More..

Man arrested for trying to pay for McDonald's meal with weed
by | Tuesday, December 18, 2018

Man arrested for trying to pay for McDonald's meal with weed

Police said the McDonald's employee refused and Gallagher drove away. But an officer was waiting when vehicle matching that description returned a short time later. Gallagher later failed a field sobriety test,...More..

Trump pressures Fed ahead of expected rate hikes
by | Tuesday, December 18, 2018

Trump pressures Fed ahead of expected rate hikes

You don't have to go back too far for a time when market histrionics seem to have weighed on policy. "I think what the Fed should do, is simply do what it says it's going to do, which is look at the data. "I ju...More..

China marks 40 years since market liberalisation
by | Tuesday, December 18, 2018

China marks 40 years since market liberalisation

Chinese President Xi Jinping has promised that the country will "never seek hegemony" even as it approaches the center of the world stage. "No one is in the position to dictate to the Chinese people what shou...More..