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The beverage company has launched a challenge to smartphone users that will pay out $100,000 if contestants can leave their smartphones behind for a full year. The contestant who only lasts 6 months will receive $10,000. Many of us can't go a few seconds without checking our smartphone. "'Dad, how come you're always on your phone?' Those words ring in my ears".
  • U By Kotex Sleek Tampons Recalled In US, Canada

    U By Kotex Sleek Tampons Recalled In US, Canada

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    Kimberly-Clark is voluntarily recalling some of their Kotex products after several women complained that tampons were unraveling inside their bodies and they needed medical assistance to extract them. "Retailers have been alerted to remove the recalled lot numbers from shelves and post a notification in their stores", the company said, adding no other "U by Kotex-branded products are subject to this recall".
  • Oil prices under pressure amid global market unease

    Oil prices under pressure amid global market unease

    Markets

    The Opec-led group of oil producers last Friday announced a supply cut of 1.2-million barrels a day in crude oil supply from January, measured against October 2018 output levels. Last week, for the first time in decades, the United States - which is not a member of OPEC - was a net exporter of crude oil and petroleum products.
  • Australian call for rules to control Facebook and Google

    Australian call for rules to control Facebook and Google

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    Some of the resulting investigations relate to allegations "that could sit under competition law which would go to issues of misuse of market power" while some relate to "issues of consumer law", Sims told a press conference. "This has implications across society because of the important role the media plays in exposing corruption and holding governments, companies, powerful individuals and institutions to account", Sims said.
  • Theresa May facing party leadership challenge amid Brexit troubles

    Theresa May facing party leadership challenge amid Brexit troubles

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    The prime minister has said that she will "contest leadership vote with everything I have got". Follow the story as it unfolds in our live blog. Business figures have expressed alarm about the political uncertainty in the United Kingdom ahead of a Conservative Party confidence vote on Prime Minister Theresa May later.
  • Google CEO Grilled by Congress on Privacy, Bias

    Google CEO Grilled by Congress on Privacy, Bias

    Markets

    The issue of user privacy also came up over and over. Google may use data to personalize ads, but it doesn't sell the data, he added. Pichai's appearance comes after he angered members of a Senate panel in September by declining their invitation to testify about foreign governments' manipulation of online services to sway us elections.
  • Bail hearing for Huawei CFO continues for third day in Vancouver court

    Bail hearing for Huawei CFO continues for third day in Vancouver court

    Markets

    Meng remains in Canadian custody while a court determines if she can be allowed out on bail. Meng Wanzhou's lawyer argued Monday that the United States has a political and legal posture against China and Huawei. "We have every confidence that the Canadian and USA legal systems will reach the right conclusion", a spokesperson told the Global Times . Meng's lawyer called a representative from a surveillance company to help ensure Meng won't flee if released.
  • China grants Qualcomm a ban on some iPhone sales

    China grants Qualcomm a ban on some iPhone sales

    Markets

    Qualcomm says it has scored an important victory in its long-running global patent battle with Apple over patent rights. Apple comments would definitely be included and there is an email at the top of this article in case the company wants to add its comments to the story.
  • France Yellow Vest protest: President Macron vows HUGE €100 pay rise

    France Yellow Vest protest: President Macron vows HUGE €100 pay rise

    Markets

    French President Emmanuel Macron was both humble and resolute as he spoke publicly for the first time on the anti-government protests that have shaken the country. Macron also made it clear he meant to push on with planned reforms of social security and pensions. Pensioners earning less than €2,000 would see recent increases in social security taxes scrapped.
  • Urjit Patel quits as RBI Governor 9 months short of term

    Urjit Patel quits as RBI Governor 9 months short of term

    Markets

    He has been in the Reserve Bank of India for about 6 years as Deputy Governor and Governor. ´Support & hard work of RBI staff, officers & management has been proximate driver of Bank's considerable accomplishments in recent years. "It was a pleasure for me to deal with him and benefit from his scholarship", Jaitley tweeted. In an interview to the Economic Times he said, "We need to ask what was the circumstances that led to Dr Patel resigning and the government must take extreme care ...
  • Ex-Nissan boss Ghosn planned to oust CEO before his arrest

    Ex-Nissan boss Ghosn planned to oust CEO before his arrest

    Markets

    In a fall from grace that stunned the business world, the former Nissan chairman was arrested on Nov 19 on suspicion of under-declaring his income by some five billion yen (S$60 million) between 2010 and 2015. Ghosn's downfall has rocked the auto alliance he has created and led for decades, with Nissan said to be angling for more power in the pact in the wake of his arrest.
  • Thomas jobless rate ticks down to 4.8 per cent in November

    Thomas jobless rate ticks down to 4.8 per cent in November

    Markets

    Statistics Canada's report Friday also said that, compared to 12 months earlier, employment was up 1.2 per cent following a net increase of 218,800 jobs. Hourly wages for permanent employees rose 1.5 percent year-on-year. While this data series tends to be volatile, the overall state of Canada's jobs market so far this year had been one of decent employment gains that are neither too hot nor too cold but with some concerning signs - up until November - appearing on the labour supply front.
  • Carlos Ghosn, Nissan Motor to be indicted Monday: Nikkei

    Carlos Ghosn, Nissan Motor to be indicted Monday: Nikkei

    Markets

    The pair were arrested on November 19 on suspicion of conspiring to understate Ghosn's pay by some five billion yen ($44 million) in official filings during the five years up to March 2015. 'We will work hard to regain the trust of the parties concerned, ' Honda told a news conference. Sources say Ghosn has denied allegations against him, saying he sees no illegality involved.
  • Uber tailgates Lyft, files IPO

    Uber tailgates Lyft, files IPO

    Markets

    Uber has confidentially filed for an IPO over the weekend, after its rival Lyft also filed late last week. The filing sets the stage for one of the biggest technology listings ever. This is mostly thanks to the efforts of the newly hired CEO Dara Khosrowshahi, who replaced the then controversial CEO Travis Kalanick nearly a year ago.
  • Yesterday Trading Recap Fiat Chrysler Automobiles NV (FCAU) Stock Price trades -16.65%

    Yesterday Trading Recap Fiat Chrysler Automobiles NV (FCAU) Stock Price trades -16.65%

    Markets

    Moving out to look at the previous month volatility move, the stock is at 2.26%. Being able to cut the riskier losers and take some profits from winners may help solidify the stock portfolio. Covering analysts have the tough job of following companies and offering future estimates. A company can "Meet" the same earnings as forecast, "Beat" the earnings than forecast, or "Miss" (fall below) the earnings than forecast.
  • Winter Weather Advisories Extended On Saturday

    Winter Weather Advisories Extended On Saturday

    Markets

    The National Weather Center said Sunday a strong storm "passing just south of the southeast USA coast early Sunday morning will result in a high impact winter storm from extreme northeast Georgia and northwest SC to central/southern Virginia".
  • Coin Worth $1,350 Found in Orlando Salvation Army Kettle

    Coin Worth $1,350 Found in Orlando Salvation Army Kettle

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    In past years, the local Salvation Army has had red kettle donations of everything from gold dental crowns to bars of silver to a South African Krugerrand - worth $1,266. Holiday donations to The Salvation Army support more than 300 families in the Norwalk, Collins, Monroeville and Olena areas. 'That someone would do that, it's the principle - regardless of how much was in the kettle at the time.
  • Opec defies Trump with production cut

    Opec defies Trump with production cut

    Markets

    It is believed that it will have a huge effect on India and once again the order of the price hike of petrol and diesel may start. A total of 1.2 million barrels of oil a day are set to be removed from the market. Oil had plunged by more than 30 per cent earlier this month from a four-year high in October, as concern over excess supply was fueled by sanctions waivers given for some buyers of Iranian oil and growing USA crude inventories and production.
  • US hiring slowed to 155K jobs, jobless rate stayed 3.7%

    US hiring slowed to 155K jobs, jobless rate stayed 3.7%

    Markets

    Job gains averaged 170,000 per month over the past three months. Average hourly earnings rose six cents, or 0.2 percent in November. Still, ongoing interest rate hikes by the Federal Reserve, a possible increase on tariffs with China, and weakening global growth have upset financial markets.
  • Southwest Airlines flight skids off runway at Burbank airport

    Southwest Airlines flight skids off runway at Burbank airport

    Markets

    According to a statement issued by the FAA , the Boeing 737 came to rest in the Engineered Material Arresting System (EMAS) at the end of Runway 8. The FAA added the airport remains open and that flights to and from Burbank are fully operational. "Mud was hitting the windows", passenger Grant Palmer said.
  • Marlboro's Parent Company Altria Buys Massive Stake In Cannabis Firm Cronos

    Marlboro's Parent Company Altria Buys Massive Stake In Cannabis Firm Cronos

    Markets

    While the beverage giant has yet to announce any formal partnership, Bloomberg reported last September that Coca-Cola was in advanced talks on a deal with Aurora Cannabis, another Canada-based firm. Marijuana, while still illegal on the federal level in the U.S., is allowed in an increasing number of states. This week, Aphria Inc., one of the country's largest cannabis growers, was defending itself against accusations of striking deals to enrich insiders made in a widely read short-sellers' ...
  • China promises prompt action on US trade pact

    China promises prompt action on US trade pact

    Markets

    In a series of tweets on Wednesday, President Donald Trump said that there were " very strong signals " that China was ready to reach a trade deal with the United States. "Then, in the next 90 days, we will follow a clear timetable and roadmap to negotiate on issues such as intellectual property right protection, tech cooperation, market access and trade balance", he said, stressing the consultations should be based on meeting the interests of both parties.
  • Stocks drop as falling United States yields, trade worries hit mood

    Stocks drop as falling United States yields, trade worries hit mood

    Markets

    The flattening of the curve gained momentum after last week's signal by the Federal Reserve that it may be nearing an end to its three-year rate-increase cycle. It may take two rate hikes or more for that portion of the curve to invert. The Big One will be when 2-year and 10-year Treasury rates swap places, and bond traders are doing their darnedest to make it happen soon, as Robert Burgess points out.
  • China-US Ceasefire Paves Way For New LNG Projects

    China-US Ceasefire Paves Way For New LNG Projects

    Markets

    In addition, Treasury Secretary Steven Mnuchin said Tuesday on the Fox Business Network that China agreed to buy $1.2 trillion of US products. "China will begin implementing specific issues that have reached consensus immediately, the sooner the better", a spokesperson for the Chinese Ministry of Commerce told reporters in a statement that was later published on its website.
  • Wall Street losses deepen on growth, trade worries

    Wall Street losses deepen on growth, trade worries

    Markets

    Tuesday's losses more than erased the gains of the previous two trading days, when cautiously optimistic investors bid up stock prices amid hopes that USA and China were resolving their trade dispute. -China trade war and a possible economic slowdown. The Dow Jones Transport Average .DJT declined 4.4 percent, its biggest one-day percentage drop since June 2016.
  • Trudeau says he had advance notice of Huawei executive's arrest

    Trudeau says he had advance notice of Huawei executive's arrest

    Markets

    The arrest took place on the same day Trump met with Chinese President Xi Jinping to discuss the trade war after the close of the G-20 summit in Argentina. Meng is not only the chief financial officer of Huawei but the daughter of the tech giant's founder , Ren Zhengfei. Britain's largest mobile provider BT announced Wednesday it was removing Huawei's telecommunications equipment from its 4G cellular network, after the MI6 foreign intelligence service chief singled out the company as ...
  • Canada Arrests Huawei CFO; Extradition Hearing to US Planned

    Canada Arrests Huawei CFO; Extradition Hearing to US Planned

    Markets

    Jia Wenshan, a professor at Chapman University in California, said the arrest "runs a huge risk of derailing the U.S". If Meng has been arrested for violating these restrictions, then this would mark the start of another significant technology export regulation case for the US.