Money

Hawaii mistakenly alerts residents of inbound ballistic missile

Hawaii mistakenly alerts residents of inbound ballistic missile

It has added a "cancellation button", allowing users to send a second alert over the same system that notifies recipients that the first was a false alarm. Hawaii has been facing a nuclear threat from North Korea , which claims its missiles can hit the archipelago and other parts of the US. Gov. David Ige (D) said the pre-programmed alert, the only one of its kind in the US, was sent after an employee "pushed the wrong button" during a shift change. Read More

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Dow hits 26000 mark for first time on earnings reports

Dow hits 26000 mark for first time on earnings reports

Eastern Time. The Dow Jones industrial average lost 11 points to 25,791. The pan-European Stoxx 600 index ended flat, while euro zone stocks added 0.3 per cent as the euro gave up some of its strength against the dollar. General Electric shares fell 3.7 percent after the industrial conglomerate said it would record a $6.2 billion charge in the fourth quarter as part of an ongoing review of its finance arm's insurance portfolio. Read More

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Airbus may end production of A380 superjumbo

Airbus may end production of A380 superjumbo

In a statement, Airbus commercial aircraft chief operating officer John Leahy said the new pricing shows continuous investment to maximise customers' satisfaction. Talks between the Dubai-based airliner and Airbus for a new order for 36 superjumbos, worth $16bn, broke down last month. While it is used in the world's biggest airports including London's Heathrow and New York's JFK, the industry as a whole has moved towards smaller planes going point-to-point, reducing airlines' dependence on ... Read More

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Ford to invest $11bn in electric vehicles

Ford to invest $11bn in electric vehicles

Hackett has been credited with plans for the company to play a wider role in the wider transport "operating system" and step up investment in greener vehicles. Volkswagen said in November it would spend $40bn on electric cars, autonomous driving and new mobility services by the end of 2022 - doubling a previous commitment. Read More

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Uber uses 'panic button' to shield files during police raids

Uber uses 'panic button' to shield files during police raids

Ripley: This allowed the Uber HQ team to remotely change passwords and otherwise lock up data on company-owned smartphones, laptops, and desktops as well as shut down the devices'. Uber is still banned in many cities, as was the case during the period between 2015 and 2016 when it used its Ripley program. But the company maintains with regards to Ripley, it was in the right. Read More

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Key UK contractor Carillion denies rescue plan in doubt

Key UK contractor Carillion denies rescue plan in doubt

The fate of the builder is sensitive for the government because Carillion has contracts with several departments, with projects ranging from hospitals and libraries to roads and the HS2 high-speed rail link. A Government spokesperson repeated a statement given to Sky News last weekend which said it was "committed to maintaining a healthy supplier market and work closely with our key suppliers". Read More

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Tesco shares plunge despite Christmas sales growth

Tesco shares plunge despite Christmas sales growth

Tesco shares tumbled 3.5 percent after Christmas trading results in its core United Kingdom business fell short of market expectations. Lewis said food, and particularly fresh food, were driving growth across all the company's stores and online, with the company selling over 600,000 turkeys and half a million kilos of fresh salmon. Read More

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MoneyGram partners with Ripple to increase payment speeds

MoneyGram partners with Ripple to increase payment speeds

The flow of good news for Ripple (XRP ) doesn't seem to stop and this time the blockchain payment's startup has collaborated with the Dallas-based giant for money transfer - MoneyGram . "Every day blockchain technology is changing the norm and encouraging innovation". Ripple , a fintech startup focused on providing blockchain solution for payments, has the backing of numerous global banks and financial institutions, including Standard Chartered and the Royal Bank of Canada. Read More

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Walmart to raise wages and give bonuses

Walmart to raise wages and give bonuses

At one point in the past year, the shares traded as low as $65.28 but has recovered 53.78% since then. Walmart must pay employees slightly more to meet minimum levels in those three states. This is the third minimum wage increase the company has implemented since 2015. Southwest also said it would give an additional $5 million to charities, and pledged to buy more planes from Boeing, its aircraft supplier. Read More

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Ford Debuts Details on Diesel F-150 Pickup

For 2018, stronger axles coupled with the F-150's boxed, high-strength steel frame make for a more robust package. A first for Ford in the half-ton truck category, the addition of a compression ignition engine is expected to add incremental sales to a truck that has been the country's bestselling pickup for 41 straight years, and bestselling vehicle of any kind for 36. Read More

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Bay Area Jolted By 4.4 Earthquake On Hayward Fault

Bay Area Jolted By 4.4 Earthquake On Hayward Fault

But there's also a chance that this was a foreshock, a precursor to a larger quake. The damage is expected to be minimal, but it occurred along the Hayward fault-one of the seven fault zones in the Bay Area, according to the USGS . In fact the 150th anniversary is coming up - we think that quake was a magnitude 6.8 or so. Transit agencies reported there were delays during the early morning commute while they checked for any damage. Read More

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Czech Factory Growth Strongest Since Feb 2011

Czech Factory Growth Strongest Since Feb 2011

The increase was driven by stronger new order growth and the fastest rise in employment in the sector since the survey began in 1998. Demand from North American customers was particularly strong during December, the report found. "(British manufacturing) broadly maintained its solid boost to broader economic expansion in the fourth quarter", said Rob Dobson, director at PMI compiler IHS Markit . Read More

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Iran restricts social media networks used by protesters

Iranian hard-liners who support President Rouhani, Supreme Leader Ayatollah Ali Khamenei, and the clerical establishment of the Islamic Republic came out in droves this weekend to retaliate against the demonstrators. Iranian Communications Minister Mohammad-Javad Azari Jahromi had earlier accused channels like Amadnews of promoting "armed uprising and social unrest". Read More

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OH minimum wage increases

OH minimum wage increases

Minimum wage increases are expected to have a "ripple effect" in OH, according to the Cincinnati Enquirer, as businesses increase wages for entry level employees , they typically also raise the wages of those in the upper tiers, such as supervisors and managers. Read More

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Trump reportedly fires entire HIV/AIDS council without warning

Trump reportedly fires entire HIV/AIDS council without warning

One of the recently-terminated members is Gabriel Maldonado , CEO of Truevolution, an HIV/AIDS group based in Riverside, California. 'Like any administration, they want their own people there. Trump's relationship with the council has been beset by controversy, with six staffers quitting in June amidst discontent as to how the president has been handling the epidemic of HIV/AIDS. Read More

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Instagram to show 'Recommended for You' posts in Feed

Instagram to show 'Recommended for You' posts in Feed

It has been made explicit that this section will be different from that of the typical main feed, by doing this, it gives users the visual option of disregarding these posts. The recommended content is, however, not optional and there is no way you can disable it. Instragram says users can temporarily hide " Recommended for You " posts, with the implication being that they will reappear in their home feed automatically after a short period of time. Read More

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Feeling lucky? Powerball lottery soars to $337 million

Feeling lucky? Powerball lottery soars to $337 million

In addition, Friday's Mega Millions jackpot is estimated at $306 million, with a cash option of $191 million, the lottery said. No ticket matched all six numbers drawn Tuesday night: 10, 12, 20, 38, 41 , and the Mega Ball 25. There is growing lotto fever in Southern California on Wednesday, as two massive quarter-billion-dollar prizes are up for grabs. Both the Powerball and Mega Millions have jackpots worth more than $300 million each this week. Read More

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What's open and closed over Christmas

What's open and closed over Christmas

Asda: Again, it's normal Sunday hours for most Asda stores. The Rink of Dreams at Ottawa City Hall will be open (weather permitting) Christmas Eve, Christmas Day and Boxing Day. Sam's Club: Stores will be open 10 a.m. -6 p.m. on Christmas Eve; closed on Christmas. If you're looking for groceries, stores will be open on Dec. Read More

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Elon Musk Really is Sending a Roadster to the Red Planet

Elon Musk Really is Sending a Roadster to the Red Planet

Musk posted these gleaming images after a rogue photo of the Roadster showed up on Reddit. The rocket is SpaceX's brand-new Falcon Heavy launcher, which is scheduled to fly in January 2018 . He said earlier this month that he wants to send the vehicle into "Mars orbit". SpaceX's current workhorse rocket, the Falcon 9, can lift about 50,000 pounds to low-Earth orbit. Read More

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Long Island Iced Tea Corp changes name to Long Blockchain

Long Island Iced Tea Corp changes name to Long Blockchain

Several other small US firms in recent weeks have reshaped their business models to capitalize on the craze for blockchain technology, which supports cryptocurrency. The company said it is in "preliminary" discussions to buy a blockchain software developer working on infrastructure for the financial services industry, as well as a London-based provider of foreign exchange services that is building blockchain and cryptocurrency technology solutions. Read More

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Woman fined $350 for writing negative hotel stay review

Woman fined $350 for writing negative hotel stay review

Arthur, who quickly realized the room had no water pressure or working air conditioner, was ultimately left to clean the room herself since hotel staff were nowhere to be found. "Should the guest refuse to retract any such public statements legal action may be pursued". "So I went ahead and took it down", she toldWRTV. The lawsuit claimed that Abbey Inn & Suites had no right to draw up such a policy because reviews are protected under free speech, something that customers can not be ... Read More

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SA passengers arrive home after being stuck at Atlanta airport

SA passengers arrive home after being stuck at Atlanta airport

However, due to the emergency, the company provided food to passengers. "I wish there would have been better communication". "They actually extended our return flight one day so we'll still be able to take advantage of the full vacation". Flights were grounded shortly after the airport lost electricity at 1 p.m. ET. Anthony Foxx, who served as US transportation secretary under President Barack Obama, was among the many travelers stuck for hours on a plane on the tarmac. Read More

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