Business

by | August 14, 2018 | 00:23

Last week, the Trump administration said it would review Turkey's duty-free access to USA markets, a decision that could impact some $1.7 billion of imports. Tony Perkins, president of the Family Research Council, praised Trump's decision to strike a tougher tone with Turkey and drew a connection between the higher tariffs and the treatment of Brunson.

by | August 08, 2018 | 00:54

No matter if he was joking or not, as soon as Musk tweeted about this, the stock spiked . His asking price of $420 would be 22 percent of Monday's closing share price, and almost 9 percent above the stock's all-time closing high of $385.

by | August 07, 2018 | 00:48

But he said Iran must change its ways. It will enable EU-based firms to recover damages resulting from the USA sanctions. "To this day, Iran threatens the United States and our allies, undermines the global financial system, and supports terrorism and militant proxies around the world", he said.

by | August 02, 2018 | 01:20

However, according to FSIS, no illnesses have been linked to the latest recall but it warns any consumer who is concerned about the illness to contact a health care provider. In a recorded message, Salinas, Calif. -based Fresh Express said the recall does not affect its retail salad products. You can see a full list of products here and images of the labels here .

by | July 27, 2018 | 10:35

An American pastor whose imprisonment for more than 600 days has tested relations between the USA and Turkey has been released from jail and placed under house arrest , in an apparent concession to repeated demands by American policymakers who called the man's detention a disgrace and threatened sanctions against Ankara.

by | July 26, 2018 | 02:18

Trump will take his competitive approach on trade into a meeting Wednesday with European commission president Jean-Claude Juncker, who will come armed with proposals meant to appease the mad man behind the wheel. "Tariffs are taxes", he said. They also agreed to align regulatory standards to allow for medical devices to have better market access in Europe, the report said.

by | July 26, 2018 | 02:19

It has authority to borrow up to $30 billion from the Treasury at any one time to "stabilize, support, and protect farm income and prices". "Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs", Mr.

by | July 25, 2018 | 01:13

Instead, he has told investors that he expects the firm to turn a profit in the third quarter of this year. "If there are any one-time windfalls that aid in Tesla achieving its profit goals, we expect the market would view that as unsustainable", said Jamie Albertine, senior automotive analyst for Consumer Edge.

by | July 23, 2018 | 01:17

The United States imported $505.5 billion of Chinese goods in 2017, but only exported $129.9 billion in goods. Trump's threat comes as the trade war with China threatens to go into overdrive. Earlier, he took a swipe at the Federal Reserve by writing on Twitter that the central bank's tightening monetary policy "hurts all that we have done" in economy.

by | July 16, 2018 | 02:02

As Indians eagerly await Tesla vehicles to hit the roads, Elon Musk , the CEO of the company , could now well be on his way to India. China already is Tesla's No. Apple, for example, this week sought the arrest of a former engineer accused of self-driving vehicle technology that he was set to provide to a company in China.

by | July 08, 2018 | 01:41

The leader of Saudi Arabia, OPEC's biggest member, has assured Trump that the kingdom can raise oil production if needed, and that the country has 2 million barrels per day of spare capacity that could be deployed to help cool oil prices to compensate for falling output in Venezuela and Iran.

by | July 04, 2018 | 15:51

Last month the United States urged fellow Security Council members to punish Iran for "malign behaviour" in the Middle East. Rouhani said the new USA pressure would never succeed. The Trump administration's announced intention of reimposing sanctions on Iran has sparked concern about rising oil prices. Rouhani further said that "this situation makes the United States confrontation with Iran very costly, and that the Islamic Republic of Iran, too, is determined to negate the Americans' ...

by | July 04, 2018 | 13:18

The challenge from the Christian Social Union (CSU), which has functioned as the Bavarian wing of Ms. Merkel's Christian Democratic Union (CDU) since the founding of the Federal Republic, was unprecedented in its ferocity. After the Bavarians' relentless pressure on her, European leaders agreed new measures Friday to reduce immigration and so-called "secondary migration" of asylum-seekers between countries.

by | June 28, 2018 | 17:21

European Union officials suggested Trump had only himself to blame for the falling-out with a company he had previously hailed as "a true American icon". On Tuesday, Trump tweeted about two earlier decisions Harley made to open the new plant in Thailand and close one in Missouri. Companies are now coming back to America.

by | June 28, 2018 | 17:17

Mr. Trump is right that the company announced plans to build a plant in Thailand long before the current tariff escalation. In late April, Harley said Trump's metal tariffs would inflate its costs by an additional $15 million to $20 million this year on top of already rising raw material prices that it expected at the start of the year.

by | June 26, 2018 | 03:00

Sadi Guven said the president "received the absolute majority of all valid votes", BBC reported. Still, Erdogan's main challenger, Muharrem Ince , and his secular-left People's Republican Party, or CHP, urged observers to stay at the country's ballot boxes to ensure votes were counted fairly.

by | June 22, 2018 | 03:24

Shanghai stocks staged a modest 0.3 percent recovery after tumbling almost 4 percent on Tuesday to a two-year low, buoyed by soothing comments from the central bank chief and in state media, and a burst of share purchase plans. Trump has angered Canada with his protectionist rhetoric, and has threatened to scrap the North American Free Trade Agreement (NAFTA) in favor of a new bilateral trade deal.

by | June 13, 2018 | 01:33

A ruling for AT&T and Time Warner would not only give the green light for the merger, but it could unleash a flurry of other deals. In February, Rep. The industry is now turning its eyes to another potential megamerger - the fight between Comcast and Disney to acquire 21st Century Fox . Trump had pledged to block the deal when he was campaigning for president.

by | June 11, 2018 | 00:46

Stefan Weckbach, Head of the BEV Model Series at Porsche , has now taken a few people to get test drives in the Mission E Cross Turismo in California and commented on the German automaker's plans. Along with the name, Porsche also hinted at some specifications and details of the final production model. Its battery pack will provide with more than 300 miles of range, measured on the European cycle.

by | June 09, 2018 | 20:42

Companies often hold back spending on technology, hiring, and research and development to meet quarterly earnings guidance that may be affected by factors outside the company's control, the business leaders wrote. "Quarterly earnings guidance often leads to an unhealthy focus on short-term profits at the expense of long-term strategy, growth and sustainability", they said.

by | June 08, 2018 | 06:52

Given ZTE's reliance on US-made parts, the sanctions effectively crippled the company and forced major operations to cease . "We urge you not to compromise lawful USA enforcement actions against serial and pre-meditated violators of USA law, such as ZTE", the senators wrote to key Trump cabinet members .

by | June 07, 2018 | 01:35

One of the biggest things that came out of yesterday was Elon Musk said that for battery cells, they could be at below $100 per kilowatt-hour by the end of this year. Model 3 began deliveries in mid 2017. Despite the fact that the Model 3 is expected to become Tesla's best-selling vehicle once the current step up in production is complete, the Model Y could usurp it, given SUVs' growing dominance in the industry.

by | June 03, 2018 | 20:57

West Texas Intermediate futures were little changed on Friday and poised for a 1.1% drop this week, with unprecedented levels of US production as well as pipeline bottlenecks in the Permian basin weighing on the American gauge. While hedge funds invested in US oil are betting pipeline bottlenecks will make Texas crude even cheaper, trading giants are seeing an opportunity to export millions of barrels as shale output continues to surge.

by | May 31, 2018 | 17:40

Wilbur Ross , Donald Trump's commerce secretary, said the 25% duty on steel and the 10% duty on aluminium would be imposed from midnight. The U.S. Discussions with the European Union made some progress didn't get to the point where it was warranted to give the bloc a continued temporary exemption or a permanent exemption, Ross said.

by | May 29, 2018 | 00:46

On Friday afternoon, a the GasBuddy mobile application reported prices for 23 gas stations in Morganton and Valdese that had an average price of $2.72. He cringes a little when he sees $3.39 per gallon for premium fuel. Still, he said, there's something drives can do to help improve their gas mileage: slow down .

by | May 26, 2018 | 00:07

President Donald Trump stressed the United States' military might as he addressed graduates at the United States Naval Academy Friday, saying the "best way to prevent war is to be fully prepared for war". "We are going to stand up for our values, and we are going to stand up for our men and women in uniform". "I'll stay, I'll stay", the president said, responding to the applause from the audience.

by | May 15, 2018 | 15:07

A worker fills a tank with subsidized fuel at a fuel station in Jakarta April 18, 2013. Benchmark Brent crude oil reached $78.60 a barrel, up 37c and its highest since November 2014. However, the cartel also revised higher the non-OPEC supply forecast by 10,000 barrels per day, which does not come as a surprise given the rising United States oil output.

by | May 09, 2018 | 05:12

Buffett said their promotions have been "very, very good" for the company. Months earlier, many grew increasingly concerned that Apple's top-of-the-line phone has been a dud among consumers, due to its hefty US$1,000 price tag. Buffett , famed for his love of junk food, has said spiraling healthcare costs are responsible for 18 percent of USA gross domestic product, up from 5 percent in 1960, and he wants to slash a few percentage points off.

by | May 05, 2018 | 01:24

Minutes later at Joint Base Andrews, Trump told a different gaggle of reporters before boarding Air Force One: 'Bottom line is I want to talk to people in charge if they can prove that it's a fair situation'. Meanwhile, the president's new lawyer Rudy Giuliani has been making the media rounds this week and unleashing a multitude of controversial statements surrounding the Russian Federation probe.

by | May 03, 2018 | 09:29

The Utah-based Nikola, which shares a namesake with the California automaker founded by Elon Musk , claims that Tesla's electric semi infringes its U.S. Nikola introduced its truck in December of 2016. Almost a year later, Tesla unveiled its Semi truck at an event in Hawthorne, California, with major orders from high profile fleets quickly following.