Finance

Arm staff told they must cut all ties with Huawei

Although Huawei builds its own processors, the company needs a license from ARM to legally manufacture these. Hence, the U.S. trade ban covers them. The demise began with Google announcing it would put an end to its partnership with the company, and continued with major chip manufacturers blacklisting it. [Full Article...]

Ryanair warns Boeing grounding is hurting business

Ryanair warns Boeing grounding is hurting business Ryanair's full year profits have fallen 29 per cent to €1.02 billion (£890m), the company said. It said: "This will range from €750m (£660m) if RPP rises 2%, up to 950 million euros (£830m) if RPP rises 4%". with much more capacity discipline.and some upward pressure on pricing, ' he added. Ryanair continues to have "utmost confidence" in Boeing 737 MAX, but is postponing the delivery of i... [Full Article...]

1st qtr GDP grows annualized 2.1%

1st qtr GDP grows annualized 2.1% Major Japanese business organizations support going ahead with the planned tax hike and top government spokesman Yoshihide Suga has recently said that the government would carry out the plan unless a crisis on the level of the 2008 financial meltdown happens. [Full Article...]

Trump delays Huawei ban by 90 days

Trump delays Huawei ban by 90 days Google parent Alphabet has suspended business with Huawei after the Trump administration's blacklist of the Chinese technology giant, a source close to the matter told Reuters . China's controversial telecommunications equipment maker Huawei openly supports the ruling Communist Party. The company has a close relationship with the Chinese government, prompting concerns about spying. [Full Article...]

'Plan B': Huawei's operating system headache after Android ban

'Plan B': Huawei's operating system headache after Android ban Secretary of Commerce Wilbur Ross said in a statement on Monday. Huawei founder Ren Zhengfei has struck a defiant tone in the Chinese technology giant's battle over 5G technology with the United States, as Washington temporarily eased some trade restrictions on the company in an attempt to minimise the effect on customers. [Full Article...]

New Coke Is Coming Back, Thanks to 'Stranger Things'

New Coke Is Coming Back, Thanks to 'Stranger Things' Netflix has just released the latest teaser trailer for the upcoming season of Stranger Things . The beverage company tweeted Tuesday it will have a limited release of New Coke to promote the new season of Stranger Things . Will the kids of Hawkins enjoy the taste of New Coke , or will they feel the same way as many other Americans who actually phoned the Coca Cola Atlanta office to co... [Full Article...]

US Steps Back from the Huawei Cliff, for Now

US Steps Back from the Huawei Cliff, for Now It's also worth noting that the United States government has found precisely zero evidence that Huawei devices are being used to spy on anyone, so this blacklist is based entirely on conjecture. "Google obviously trades with Huawei for their operating systems". The moves threatened to materially harm Huawei's mobile devices and networking businesses. [Full Article...]

Dressbarn to Close All Stores

Dressbarn to Close All Stores Dressbarn is owned by the Ascena Retail Group which also owns Ann Taylor , Loft, Lou & Grey, Lane Bryant , Catherines, Cacique, and Justice. Dressbarn associates will be notified when decisions are made about specific store closures and provided with transition support. [Full Article...]

The Meaningful Reason Why Kim and Kanye Named Their Son Psalm

The Meaningful Reason Why Kim and Kanye Named Their Son Psalm Let's look at what the name is and why Kim Kardashian and Kanye West actually picked the flawless moniker for their little boy. Sharing photos of her baby shower from before her newest son was born, Kim described the new addition as "the most calm and chill of all my babies so far". [Full Article...]

Jamie Oliver restaurant woes as United Kingdom chain prepares for insolvency

Jamie Oliver restaurant woes as United Kingdom chain prepares for insolvency The administration, first reported by Sky News , comes two years after Mr Oliver's business went through a painful restructuring to offload unprofitable sites. Oliver's restaurants are the latest victims of a shakeout that's spread to Britain's casual-dining business after hitting the likes of Applebee's, TGI Friday's and Ruby Tuesday in the U.S. [Full Article...]

Today's Chanakya Exit Poll 2019 Lok Sabha Final Prediction

Today's Chanakya Exit Poll 2019 Lok Sabha Final Prediction This time, too, the BJP is hoping to retain that constituency, apart from winning one or two more seats. "Referring to the Congress, Mr. Jaitley said that the Gandhi family has become a liability for the grand-old party.".in the Congress the first family is no longer an asset but an albatross around the Party's neck. [Full Article...]

FCC Chairman Backs T-Mobile, Sprint Merger With New Conditions

FCC Chairman Backs T-Mobile, Sprint Merger With New Conditions The Justice Department must also approve the deal. If that doesn't happen, New T-Mobile will be subject to penalty fees. They have been weighing potential a loss of competition and higher prices for consumers against the prospect of a more powerful No. [Full Article...]

Ford announces 7,000 job cuts

Ford announces 7,000 job cuts Ford says the job cuts eliminate bureaucracy and increase the number of workers reporting to each manager. "As we have said , Ford is undergoing an organizational redesign process helping us create a more dynamic, agile and empowered workforce, while becoming more fit as a business", Bradley said. [Full Article...]

Police stop McDonald's from selling milkshakes near Nigel Farage rally

Police stop McDonald's from selling milkshakes near Nigel Farage rally A spokesperson for McDonald's told The Guardian that the restaurant was asked to stop sales of its milkshake and McFlurry products yesterday evening. "Have fun. Love BK #justsaying", Burger King wrote on Twitter . The brand later noted they were not endorsing violence. Mr Crowther said he saw there was a Brexit Party event in the city centre, thought it was an MEP and then saw Mr Farage . [Full Article...]

India's epic election ends as Modi meditates

India's epic election ends as Modi meditates He posted a Twitter picture of himself in a Hindu saffron robe looking out over the mountains. "This is a slap for the abusive opposition that made baseless charges and spoke lies", he added. Modi and Congress leader Rahul Gandhi traded insults throughout the campaign. The campaigning often descended into name calling and personal attacks. [Full Article...]

Huawei will not bow to US pressure: Founder and CEO Ren Zhengfei

Huawei will not bow to US pressure: Founder and CEO Ren Zhengfei And even as Huawei claims that it's been preparing for the worst, the company has - until the U.S. ban - remained a major customer of Qualcomm, Intel and other American tech giants. The damage inflicted by the ban could be catastrophic if not fatal for Huawei. Now is the time for "all the spare tires in the safe" to become useful, He said in the letter. [Full Article...]

Tesla Increases goal in Musk and capital hunt doubles down

Tesla Increases goal in Musk and capital hunt doubles down Investors are unhappy with Elon Musk , his approach, and his behavior in the recent Wall Street conference and once bullish they are looking to move away from Tesla . The brand new value slicing initiative by the electrical auto maker will inspect every price, alongside with functions, wage, commute costs and rent, primarily based on the electronic mail Musk despatched to workers. [Full Article...]

Tesla updates battery software after Hong Kong, Shanghai fires

Tesla updates battery software after Hong Kong, Shanghai fires Panasonic chief Kazuhiro Tsuga told Bloomberg: "Batteries will run out if Tesla starts to sell the Model Y and expands its business next year". The driver had engaged the system 10 seconds before the impact and in the last 8 seconds, the driver's hands were not detected on the steering wheel. [Full Article...]

Montana’s unemployment rate down to 3.6% in April

Montana’s unemployment rate down to 3.6% in April From April 2018 to April 2019, the Bureau of Labor Statistics estimates MA added 37,100 jobs. The monthly unemployment rate in MA has dropped below 3% for the first time in more than 18 years. Total non-farm employment is up 10,900 jobs from last April. The largest private sector employment increases were in leisure and hospitality (9,000 jobs); trade, transportation and utilities (7,900 jobs)... [Full Article...]

Tesla's Autopilot Engaged in Fatal Florida Crash, Finds NTSB

Tesla's Autopilot Engaged in Fatal Florida Crash, Finds NTSB In that crash, the driver of a 2015 Tesla Model S collided with the trailer of a semi that had swung wide to the right lane to make a left-hand turn. Note that this is not enough information to say the driver definitely took his hands off the wheel; it only means the vehicle did not detect any torque from the driver's hands. [Full Article...]


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