Economy

Janet Yellen's Fed tenure may be the calm before the storm

Janet Yellen's Fed tenure may be the calm before the storm She picked up where her predecessor, Ben Bernanke , had left off in nurturing the country's recuperation from a crisis that almost toppled the financial system. The other is to manage interest rates to promote stable prices, which the Fed has defined as inflation averaging 2 per cent annually. Yellen said the economy can continue to grow. [Full Article...]

Naidu plans to lead his MPs' delegation to PM

Naidu plans to lead his MPs' delegation to PM Though TDP and BJP contested the 2014 elections as an alliance the relations between the two started to sour after bifurcation of the state in 2014. "All grievances of TDP will be heard and addressed, was Rajnath's assurance to Naidu", a TDP leader told TOI. [Full Article...]

YouTube TV finally comes to Roku for $35/month

YouTube TV finally comes to Roku for $35/month That makes YouTube TV the second largest live streaming service of local affiliates behind Hulu with Live TV which has 520. The app is now available in 130 countries worldwide, bringing some unique offline playback and video-sharing features - plus Google's ad revenue! - to new parts of the world. [Full Article...]

Tillerson raises prospect of Venezuela military dismissal of president Maduro

Tillerson raises prospect of Venezuela military dismissal of president Maduro Part of that includes renegotiating, or as Tillerson calls it, "modernizing" the North American Free Trade Agreement - or NAFTA. The four Latin American countries that will visit Tillerson during seven days are those that have a harder position against the Venezuelan government in the region and participate in the Group of Lima focused on restoring Venezuela to democracy. [Full Article...]

Volkswagen Apologizes for Cruel and Corrupt Monkey Inhalation Test

Volkswagen Apologizes for Cruel and Corrupt Monkey Inhalation Test The revelations sent shockwaves through the German establishment. Volkswagen admitted that 11 million of its vehicles were equipped with software that was used to cheat on emissions tests. In a statement cited by Bloomberg , Volkswagen says it "explicitly distances itself from all forms of animal cruelty", as "animal testing contradicts our own ethical standards ". [Full Article...]

Japan's Fujifilm Reportedly Nears Deal With Xerox

Japan's Fujifilm Reportedly Nears Deal With Xerox The new company will keep headquarters both in the USA and Japan. Xerox CEO Jeff Jacobson has been tapped to lead the newly-formed entity, which will also be named Fuji Xerox. Total annual cost savings of $1.7 billion are expected by 2022, representing about 10% of total cost base of the combined Fuji Xerox, with approximately $1.2 billion of the total cost savings expected to be achieved by 202... [Full Article...]

China Eastern Cancels Holiday Flights Amid Dispute With Taiwan

China Eastern Cancels Holiday Flights Amid Dispute With Taiwan Moreover, of 70 flights had been cancelled by Xiamen Airlines which blamed Taiwan for the hitch and labelling them as heartless. The airlines said they would give refunds to almost 25,000 passengers who'd already booked flights. China considers Taiwan a wayward province, and relations have cooled since Tsai Ing-wen of the independence-leaning Democratic Progressive Party took office as Tai... [Full Article...]

Instagram fitness model removed from American Airlines flight after 'humiliating' row

Instagram fitness model removed from American Airlines flight after 'humiliating' row She told Good Morning America: "People kept coming up to me". After sitting on the delayed plane for more than two hours, Selter made a decision to stand up to put her jacket away and to stretch. Worst experience, American Air. - Jen Selter (@JenSelter) January 28, 2018I did nothing wrong but got kicked off the plane. Instagram fitness model Jen Selter shared a turbulent series of vide... [Full Article...]

Elon Musk sold $2M in The Boring Company Flamethrowers in 24 hours

Elon Musk sold $2M in The Boring Company Flamethrowers in 24 hours At the time, Musk promised on Twitter that if the company sold 50,000, it would start selling flamethrowers. (Also for sale? A fire extinguisher with a Boring Company sticker on it for $30.) Fans quickly laid down their cash. " World's safest flamethrower! " Mr Musk said of his unusual new product. As The Washington Post's Jessica Contrera reported in 2015, flamethrowers face limited regula... [Full Article...]

Dollar hits three-year euro low as European Central Bank warns of forex volatility

Dollar hits three-year euro low as European Central Bank warns of forex volatility The European currency managed to hit a 3 year high today despite having a problematic weak; the currency managed to hit the $1.25, the last time it managed to climb this level is last December of 2014. The ECB chose to keep interest rates in the eurozone on hold, with the focus now on ECB president Mario Draghi's usual press conference following the release of the statement on rates. [Full Article...]

Young Kennedy Will Give Democrat Response to Tump's State of The Union

Young Kennedy Will Give Democrat Response to Tump's State of The Union Del. Elizabeth Guzman, one of the first Latinas elected to the Virginia House of Delegates, will give the Democrats' Spanish-language response to President Donald Trump's State of the Union speech on Tuesday. During a marathon committee markup on the GOP's Obamacare repeal and replace bill, Kennedy ripped House Speaker Paul Ryan personally. The speech will make him the public face of his par... [Full Article...]

SpaceX tests the Falcon Heavy's 27 engines ahead of first launch

SpaceX tests the Falcon Heavy's 27 engines ahead of first launch SpaceX CEO Elon Musk took to Twitter this afternoon that Falcon Heavy the static fire "was good" and that it generated "quite a thunderhead of steam" in the process. (I call Shotgun!) It's kind of silly to use a rocket to send a auto around the Sun, but it will generate publicity. SpaceX founder and chief executive Elon Musk tweeted: " Falcon Heavy hold-down firing this morning was g... [Full Article...]

City lawsuit aimed at major drug firms to battle opioid crisis

City lawsuit aimed at major drug firms to battle opioid crisis Manufacturer named in the suit are Purdue Pharma L.P.; Purdue Pharma, Inc.; The Purdue Frederick Company, Inc.; Teva Pharmaceuticals USA, Inc.; Cephalon, Inc.; Johnson& Johnson; Janssen Pharmaceuticals, Inc.; OrthoMcNeil-Janssen Pharmaceuticals, Inc.; Janssen Pharmaceutica, Inc. [Full Article...]

'Serial killer nurse' charged with 97 more murders by German prosecutors

'Serial killer nurse' charged with 97 more murders by German prosecutors A German nurse who is already serving a life sentence for previous murder convictions was charged Monday with killing a staggering 97 more patients in clinics in Oldenburg and Delmenhorst in the northwest of the country. A variety of drugs were used in his resuscitation attempts. "In all cases (Mr Hoegel) at least accepted the death of the patients as a result of the effect of the drugs"... [Full Article...]

International Monetary Fund raises global growth outlook amid Trump tax cuts

International Monetary Fund raises global growth outlook amid Trump tax cuts As a result, it revised up its global growth forecast for 2018 and 2019 by 0.2 per cent to 3.9 per cent, noting the revision reflected increased global growth momentum and the expected impact of the recently approved tax policy changes in the US. [Full Article...]

Lady Overboard On Carnival Cruise

Lady Overboard On Carnival Cruise The name of the woman was not released. The cruise had departed from Jacksonville on Thursday, 18 January, and was on a four-day trip to the Bahamas, with the incident taking place when the ship was near Freeport, Bahamas. The Valor and Carnival Glory, which will be replacing the Carnival Dream in New Orleans , will be carrying almost 400,000 on cruises out of the city starting in 2019, the web... [Full Article...]

Trump Says He Called CEO Tim Cook After Apple Announced US Jobs

Trump Says He Called CEO Tim Cook After Apple Announced US Jobs President Donald Trump praised Apple on Wednesday after the company announced it is adding 20,000 U.S.jobs over the next five years . For years Apple Inc. "I promised that my policies would allow companies like Apple to bring massive amounts of money back to the United States", Trump said on Twitter after the speech. [Full Article...]

Conspiracy theory: These accidental missile alerts aren't actually accidents

Conspiracy theory: These accidental missile alerts aren't actually accidents While these computers are unrelated to the system that sent the false missile alert, the photo raises questions about the approach to information security at the agency. But it took almost 40 minutes for a corrected message to be issued - with Hawaii's governor saying there was no automatic way to cancel the false alarm, meaning it had to be done manually. [Full Article...]

Joshua Wong jailed for contempt of court in another 2014 case

Joshua Wong jailed for contempt of court in another 2014 case Joshua Wong said Wednesday he has no regrets. The 21-year-old was one of 20 demonstrators to be found guilty of contempt of court for refusing to obey a court order to leave a protest zone. "Our determination to fight for genuine universal suffrage will not waver". They failed to win concessions and since then leading activists have been charged over their involvement. [Full Article...]

Trump to make last-day address at Davos forum

Trump to make last-day address at Davos forum Notable examples of 2017 include the WannaCry attack, which affected 300,000 computers across 150 countries. Also ranking in the top five of risks the world is faced with this year are extreme weather events, natural disasters and a failure to mitigate or adapt to climate change . [Full Article...]


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