• Amazon will help entrepreneurs form companies to deliver its packages
Amazon will help entrepreneurs form companies to deliver its packages

They don't have to lease the Amazon blue vans, but if they do, those vehicles can only be used to deliver Amazon packages, the company said . A box for an Amazon prime customer moves through the new Amazon Fulfillment Center in Sacramento, Calif., Feb.

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  • States can impose a new ban for Chinese companies
States can impose a new ban for Chinese companies

China and the European Union vowed to oppose trade protectionism in an apparent rebuke to the US, saying unilateral actions risked pushing the world into a recession. Some U.S. steel and aluminium tariffs went into effect in April and additional tariffs begin in July. Late last month, Trump infuriated USA allies - from the European Union to C...

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  • Rupee hits all-time low, breaches 69 per dollar for first time
Rupee hits all-time low, breaches 69 per dollar for first time

Brent crude was trading at almost $78 a barrel in Asian trade today. India is a large and rapidly growing economy, and also a major oil importer. Treasury yield posted its first weekly close above the 3 percent threshold in almost seven years, a Reuters forex analyst wrote. The Reserve Bank of India's intervention was also one of the reasons...

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  • Ticketmaster: Australian customers warned of potential identity theft after hack
Ticketmaster: Australian customers warned of potential identity theft after hack

The company said: "Based on our investigation, we understand that only certain United Kingdom customers who purchased or attempted to purchase tickets may have been affected by the incident". One wrote: 'Stressing like hell about the @TicketmasterUK hack. Ticketmaster did not give any further information about precisely which payment details ma...

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  • Instagram Lite is a 573KB Android Application Aimed at Developing Countries
Instagram Lite is a 573KB Android Application Aimed at Developing Countries

Now, Instagram is debuting one of those as well. Instagram has released a lightweight version of its Android app that should be easier to install and browse on devices short on storage space and on spotty connections. Instagram Lite takes after the redesigned mobile web app that launched a year ago - in fact, I wouldn't be surprised if i...

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  • Ryan blasts U.S. trade policy over Harley shift
Ryan blasts U.S. trade policy over Harley shift

The move came in response to Trump's recent decision to slap tariffs on European imports. His aggrieved tweetstorm - echoed in subsequent comments at the White House - made it clear that he took Harley's action personally. A few months before moving into the Oval Office, then-candidate Donald Trump had a glib answer about how he would enforce his...

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  • Govt can't ignore vehicle industry warnings about Brexit - MP
Govt can't ignore vehicle industry warnings about Brexit - MP

Corporation Airbus - which in Britain there are 14 million people - has also warned that it will transfer production if the United Kingdom leaves the European single market and the EU customs Union without an agreement on the transition. Auto giant BMW has also aired concerns over the future of the motoring industry post-Brexit. "This is what we ...

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  • CALIFORNIA SCHEMIN': $117,000 Salary Now Considered 'LOW INCOME' in Bay Area
CALIFORNIA SCHEMIN': $117,000 Salary Now Considered 'LOW INCOME' in Bay Area

Department of Housing and Urban Development. Several other Bay Area municipalities including Alameda and Contra Costa counties see bottom-line thresholds where $80,400 for a family of four is considered low income, according to 2017 HUD data .

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  • Conagra buying Pinnacle Foods in $10.9 billion deal
Conagra buying Pinnacle Foods in $10.9 billion deal

Dewey Warner, a research analyst with Euromonitor, said frozen food sales have improved in large part because manufacturers have finally invested in revamping "stale, processed, traditional TV dinners" to make them more on-trend with simpler ingredient lists that seem less processed and new flavors.

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  • Wall Street pummelled by escalating trade threats
Wall Street pummelled by escalating trade threats

An escalating trade dispute between the United States and other leading economies battered US stocks on Monday, driving benchmark indexes lower by around 2 percent to their steepest losses in more than two months. China will also raise import duties on $34 billion worth of American goods. Facebook Inc dropped 2.7 percent, Amazon.com Inc fell 3.1 pe...

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  • Trump’s China plan: What to know
Trump’s China plan: What to know

The question was: What were the appropriate tools?' That review would be conducted through the existing Committee on Foreign Investment in the United States , or CFIUS. "CFIUS is an extremely powerful tool to protect the United States' national security interests that could otherwise be put at risk by strategically motivated foreign investments"...

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  • Trump rips Harley-Davidson as company eyes overseas growth
Trump rips Harley-Davidson as company eyes overseas growth

He claimed that the iconic USA company was using increased trade tensions as an excuse to justify planned changes in manufacturing. Trump tweeted "A Harley-Davidson should never be built in another country-never!" Their employees and customers are already very angry at them.

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  • Trump Threatens Harley-Davidson Over Plan To Shift Some Production Overseas
Trump Threatens Harley-Davidson Over Plan To Shift Some Production Overseas

On Wednesday, Trump again took to Twitter to urge the company not to move any of its operations overseas and warning "we won't forget" the decision. demand for its motorcycles, but said it would consolidate work done there into its plant in Pennsylvania. It follows a proposed plan by Harley-Davidson to move some of its production overseas .

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  • Trump Changes Course, Will Use Existing Law To Review Chinese Tech Investments
Trump Changes Course, Will Use Existing Law To Review Chinese Tech Investments

President Donald Trump announced the details of a plan to crack down on Chinese investment in U.S. technology companies, but the final results were weaker than expected . "The Treasury Department either couldn't or wouldn't seek to impose caps on Chinese investment in the U.S. in the same manner China restricts USA ownership of Chinese compa...

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  • Mattis to Meet Senior Chinese Military, Political Leaders
Mattis to Meet Senior Chinese Military, Political Leaders

United States stocks on Monday briefly fell more than 2 percent from Friday's close and senior White House economic adviser Peter Navarro appeared on television to try to calm investor fears about a possible trade war. "Hopefully we can make some progress", Mattis said aboard an Air Force E-4 jumbo jet that arrived in Beijing's main airport after...

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  • Libya strongman hands oil ports to unrecognized eastern authority
Libya strongman hands oil ports to unrecognized eastern authority

Estimates are more toward a draw of -3 million barrels. Uncertainty over Libyan exports also supported crude, traders said. "The stage is set for further geopolitical confrontation". While all eyes watched the OPEC saga last week, there was an outage in Canada's oil sands that will cut production at least through July, supporting the US benchmark...

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  • Iran to create secondary currency market by next week
Iran to create secondary currency market by next week

After US President Donald Trump made a decision to withdraw from world powers' deal with Iran on its nuclear program, some US sanctions are to be reimposed in August and some in November. A larger, sustained series of protests could put pressure on President Hassan Rouhani, who has already been harshly criticized by hardliners for his economic reco...

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  • Oil prices rise on uncertainty over Libyan crude exports
Oil prices rise on uncertainty over Libyan crude exports

Stockpiles at Cushing have slumped for five weeks with the start of the summer driving season when demand peaks. Almost everyone expected the OPEC+ decision to start raising oil production on Friday, with USA drivers excited to get some relief from high gas prices at the start of driving season.

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  • Harley-Davidson moves motorcycle production away from U.S. to avoid European Union tariffs
Harley-Davidson moves motorcycle production away from U.S. to avoid European Union tariffs

However, Harley-Davidson has warned consistently against tariffs , saying they would hurt sales. Many of his campaign ads feature footage of Renacci riding a Harley Davidson motorcycle. The move comes just as the European Union placed tariffs on certain manufactured goods - including motorcycles - in response to new U.S. taxes on imported ...

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  • Chinese Officials: Military Relations With US Are Important
Chinese Officials: Military Relations With US Are Important

The new tariffs are due to take effect on July 6. China is crying foul after a report suggested the Trump administration is planning to impose restrictions against firms with at least 25 percent Chinese ownership from buying technology companies.

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