Finance

European Union hits Google with record fine

European Union hits Google with record fine

But in a 2016 investigation, the European Commission concluded that the way it went about that was illegal. The European Commission accuses Google of using its position in the market to impose unfair ...

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Musk Tweets Hurt Tesla Stock, Again

Musk Tweets Hurt Tesla Stock, Again

Asked by Australia's Channel 7 News on Monday whether he was considering taking legal action , the British caver Vernon Unsworth quickly replied. Musk called Unsworth a " pedo ", or pedophile,...

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USA lifts export ban on suppliers to China's ZTE

USA lifts export ban on suppliers to China's ZTE

A photograph circulating among employees around midnight showed ZTE's new chief executive and 10 other managers each giving a thumbs-up to the news, which was flashed on a screen at the company , acc...

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USA proposes tariffs on $200 billion more in Chinese imports

USA proposes tariffs on $200 billion more in Chinese imports

The first USA tariff list focused on Chinese industrial products, an attempt to reduce the direct impact on American consumers. The Chinese government said the U.S. Administration officials said a two...

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US tariffs take effect, China announces retaliation

US tariffs take effect, China announces retaliation

Trump has for years slammed what he describes as Beijing's underhanded economic treatment of the United States in terms of trade, with the U.S. trade deficit in goods with China ballooning to a rec...

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EU 'possibly as bad as China' on trade

EU 'possibly as bad as China' on trade

He has also stepped up attacks on the European Union via Twitter and at his public rallies. That comment seemed to refer less to the US mid-term elections and more to Mexico's vote on Sunday that ...

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Amazon Prime Day Will Be July 16th But Some Deals Start Today

Amazon Prime Day Will Be July 16th But Some Deals Start Today

Prime members in the USA will be able to dave an additional 10% at their local Whole Foods Markets by downloading the Whole Foods Market app and scanning the Prime Code. Members will also receive e...

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Trump's Tweet on Deal With Saudi King Makes Oil Prices Plummet

The United States exited from the nuclear deal between Iran and world powers in May and said it would reimpose economic sanctions on the Islamic republic and its business partners by 4 November. "We h...

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LeBron James to the Lakers means the Suns can take their time

LeBron James to the Lakers means the Suns can take their time

LeBron debate, then it made no sense signing a four-year, $154 million deal with the Lakers. Now that it's Monday, the local newspapers in Cleveland can appropriately say goodbye to their star and hom...

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Canada announces billions of dollars in tariffs against US

Canada announces billions of dollars in tariffs against US

Retaliatory tariffs on C$16.6bn worth of U.S. products are due to come into effect on 1 July. President Donald Trump infuriated US allies - from Canada to Mexico and the European Union - by imposing...

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Anonymous man buys $1 million worth of Toys 'R' Us inventory

Anonymous man buys $1 million worth of Toys 'R' Us inventory

Another poster has a letter from Geoffrey that reads: 'One day, all of us will get separated from each other. She has also shared nostalgic Toys "R" Us commercials from the '80s and '90s to commem...

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Trump revs up attacks on Harley-Davidson over production move

Trump revs up attacks on Harley-Davidson over production move

Last week, India announced higher duties on several goods imported from the United States, in retaliation to Trump imposing hefty tariffs on steel and aluminium imports. "Now they are trying to ...

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Trump blasts Harley-Davidson’s decision to shift production overseas

Trump blasts Harley-Davidson’s decision to shift production overseas

Now, lawmakers are weighing in. Mr. Trump is also going to have some explaining to do to Wisconsin cranberry farmers, Florida orange-juice producers, and Iowa soy and corn growers. He said they showed...

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Online sellers consider how to comply with sales tax ruling

Online sellers consider how to comply with sales tax ruling

That's a question on many minds after Thursday's Supreme Court ruling in South Dakota v Wayfair (see EcommerceBytes' article , "Supreme Court Throws Out Longstanding Sales Tax Rule-Book", published...

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States can now force you to pay online sales tax

States can now force you to pay online sales tax

The biggest online retailer, Amazon.com, took a small hit, even though it already collects taxes on its sales in all states. B&H doesn't require that buyers pay sales tax if they place orders outsid...

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Canada to legalize ganja

Canada to legalize ganja

The new legislation will make Canada the first G7 country to allow the use of cannabis. Global drug treaties , which explicitly ban legalizing marijuana , technically prohibit Canada-and the U...

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Saudi, Argentina to be added to MSCI emerging markets index

Saudi, Argentina to be added to MSCI emerging markets index

Undoubtedly, the cherry on the Saudi privatization pie will be the successful IPO of Aramco , the world's largest oil company by reserves. If the decision takes place as expected, Saudi Arabia, wit...

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Trade War Fallout: 5 ways the Trump tariffs could impact air cargo

Trade War Fallout: 5 ways the Trump tariffs could impact air cargo

Malmström added that if the US removes its tariffs, the European taxes would also be lifted. The goods targeted include typical American exports like bourbon, peanut butter, cranberries and orange...

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Iran to oppose Saudi Arabia proposal to increase OPEC crude output

Iran to oppose Saudi Arabia proposal to increase OPEC crude output

On June 22, OPEC members along with Russian Federation are going to gather once again to decide whether it is time to end a deal which has held their oil production at a certain level for near 18 mont...

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European Central Bank will stop its bond-buying scheme, €30bn a month, next December

European Central Bank will stop its bond-buying scheme, €30bn a month, next December

The European Central Bank has announced plans to wrap up its massive stimulus program at the end of 2018. Investors , though, seized on comments indicating that interest rates would stay at recor...

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Elon Musk wins improbably cheap bid to dig a tunnel through Chicago

Elon Musk wins improbably cheap bid to dig a tunnel through Chicago

The Boring Company , founded by Tesla CEO Elon Musk , has been selected to build a high-speed underground transportation system that it says will whisk passengers from downtown Chicago to O'Hare In...

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Federal judge approves AT&T-Time Warner merger

Federal judge approves AT&T-Time Warner merger

AT&T's politically charged takeover of Time Warner was approved by a United States judge on Tuesday in a blow to the Trump administration which had fought hard to have the deal scrapped. AT&T has ...

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Here's Why IHOP Is Changing Its Name to IHOb (for Now)

Here's Why IHOP Is Changing Its Name to IHOb (for Now)

A flagship IHOb restaurant in Hollywood, California, has been rebranded and will host a "VIB launch party" Monday evening, the company said in a press release . In an effort to rebrand its restaura...

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No panic in Singapore as summit approaches

No panic in Singapore as summit approaches

Meanwhile, diplomats from the United States and North Korea met behind closed doors at The Ritz-Carlton hotel, in a bid to narrow their differences ahead of the Trump-Kim summit tomorrow. Singapor...

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Kim, Trump lookalikes ham it up at Singapore mall

Kim, Trump lookalikes ham it up at Singapore mall

Trump and Kim plan to meet in Singapore on Tuesday. Back in 2007, he served as a top aide to then president Roh Moo-hyun at the last Korean leaders summit . Their appearance comes days before a...

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