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ONE FOCUS . The move won't affect the employees of Uber's self-driving truck division - they'll just move to the self-driving vehicle division, Eric Meyhofer, Head of Uber Advanced Technologies Group, said in an email statement to TechCrunch .
  • Trump Boasted To Farmers He Opened European Market. Europe: No, You Didn't.

    Trump Boasted To Farmers He Opened European Market. Europe: No, You Didn't.

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    Mike Conaway (R) of Texas, the chairman of the House Agriculture Committee. "We will also work to reduce barriers and increase trade in services, chemicals, pharmaceuticals, medical products, as well as soybeans". They argued that the taxes would raise vehicle prices, squeeze automakers by increasing the cost of imported components and invite retaliation from USA trading partners - and allies - like the European Union and Canada .
  • PM Modi To Meet Putin, Xi Jinping In South Africa

    PM Modi To Meet Putin, Xi Jinping In South Africa

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    U.S. President Donald Trump, meanwhile, accused China of "vicious" tactics on trade. The BRICS summit was to be officially launched by South African President Cyril Ramaphosa at 1300 GMT. Kremlin-controlled Rosatom, a clear leader in the global nuclear industry, was one of the front-runners for the massive nuclear project championed by Zuma.
  • Facebook's value falls $148 billion after Q2 earnings call

    Facebook's value falls $148 billion after Q2 earnings call

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    One day earlier, Facebook had released a disappointing second-quarter financial report. The social media giant revealed in its second quarter results that its monthly active user numbers across all of its platforms had grown to 2.23bn at an increase of just 11 per cent, falling short of consensus estimates of 2.25bn as polled by Thomson Reuters .
  • Bitcoin [BTC] ETF rejection met with dissent by SEC Commissioner

    Bitcoin [BTC] ETF rejection met with dissent by SEC Commissioner

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    This is certainly a good sign that one of the SEC commissioners is in favor of Bitcoin ETF which has the crypto community excited and hopeful. After having a proposal rejected a year ago, the Gemini exchange founders had hoped to secure their Winklevoss Bitcoin Trust on BATS Global Market's BZX stock exchange with this latest attempt.
  • Facebook Shares Tumble More Than 20 Percent On Poor Earnings

    Facebook Shares Tumble More Than 20 Percent On Poor Earnings

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    Facebook has been left surrounded in a privacy scandal after it allowed an app to harvest data from 87 million user profiles around the world, which was then used by Cambridge Analytica in the 2016 U.S. Despite so many people already being on Facebook , daily and monthly users were up 11 percent year-over-year. And it continued to suffer fallout from investigations into Russian manipulation of the platform during the 2016 USA presidential election.
  • Goldfish crackers recalled over Salmonella

    Goldfish crackers recalled over Salmonella

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    The recall is limited to the United States, including Puerto Rico and the US Virgin Islands. All of the products share the same whey powder in a seasoning used in them. Michael Moss, an investigative journalist who won a Pulitzer Prize for reporting on contaminated food, joins "CBS This Morning" to discuss why food companies should be more diligent and what might be behind the rise in recalls.
  • Four Goldfish flavors recalled over Salmonella risk

    Four Goldfish flavors recalled over Salmonella risk

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    It is also clear that adults, too, love their Goldfish , with one Twitter user even despairing that salmonella is cropping up in their favorite snacks instead of hated vegetables like Brussels sprouts. According to the Centers for Disease Control and Prevention , food is the source of about 1 million Salmonella-related illnesses, 19,000 hospitalizations and 380 deaths in the United States every year.
  • UK finance sector will dodge Brexit bullet, says Barclays boss

    UK finance sector will dodge Brexit bullet, says Barclays boss

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    If there is a deal there will also be a transition period running until 31 December 2020 during which European Union rules and regulations will continue to apply in the UK. Following the meeting, Barnier told reporters the European Union would not reject the UK's proposals outright, adding that Brussels would engage "constructively" with them.
  • Trump suggests cutting all tariffs ahead of key meeting with EU

    Trump suggests cutting all tariffs ahead of key meeting with EU

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    But the agriculture industry, which draws about 20% of its income from exports, said the president's approach is hurting demand for its goods and causing long term damage to relationships with buyers. He added that there would be an increase on trade in services and agriculture. The Department of Agriculture will determine the payment to each farmer based on the size of a crop multiplied by a specific subsidy rate.
  • Mega Millions $522 Million Jackpot: One Ticket Takes Top Prize

    Mega Millions $522 Million Jackpot: One Ticket Takes Top Prize

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    Owner Kawal Sachdev told the station he was taking a nap when one of his employees called and congratulated him. The store will receive a $30,000 bonus for its sale of the ticket. "This has been an exciting roll", said Mega Millions Lead Director Gordon Medenica, who also works as the Maryland Lottery and Gaming Director. More than a million people won a smaller prize Friday night, payouts which occurs if an individual matches a few numbers but not all.
  • Trump suggests no tariffs between US, Europe

    Trump suggests no tariffs between US, Europe

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    The meeting comes at a critical time for the trade relationship between the European Union and the U.S. After the 10 percent tariff on aluminum and 25 percent on steel, The Washington Post reported that Trump is considering slapping a 25 percent tariff on automobiles, an idea that has drawn fierce criticism from European Union officials - from where many U.S.
  • Facebook hammered as user growth cools

    Facebook hammered as user growth cools

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    Facebook's revenue grew at its slowest pace in nearly three years. It was Facebook's first earnings report since the European Union's GDPR data privacy laws went into effect, which require companies to request user permission before selling data.
  • China to invest $14b in South Africa

    China to invest $14b in South Africa

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    Xi told the 10th summit of the Brics grouping of Brazil, Russia, India, China and South Africa in Johannesburg that unilateralism and protectionism were mounting, dealing a "severe blow" to multilateralism. President Cyril Ramaphosa criticised countries that act unilaterally in trade deals and discount World Trade Organisation rules in his opening address at the Brics Business Forum in Sandton on Wednesday afternoon.
  • Donald Trump accuses China of using ‘vicious trade tactics’

    Donald Trump accuses China of using ‘vicious trade tactics’

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    The money: It will come partly from a program set up in the Depression to help farmers called the Commodity Credit Corporation, reports the Washington Post . In response to the US metals tariffs, the European Union has already imposed its own import duties on 2.8 billion euros ($3.3 billion) worth of USA goods, including products like bourbon and motorcycles that are made in some of the electoral districts that supported Trump in the 2016 US election.
  • Winning numbers drawn for $522 Mega Millions jackpot

    Winning numbers drawn for $522 Mega Millions jackpot

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    The Pennsylvania Lottery said a $1 million ticket was sold at the Giant Food Store located at 3400 Concord Road in Aston for Friday's Mega Millions game. Since there hasn't been a victor in weeks, the jackpot has climbed to an estimated $522 million. The largest Mega Millions victor from MI was a couple from Port Huron who won $208 million in April 2005.
  • "Tariffs Are Great": Trump Defends Trade Strategy Ahead Of EU Chief Visit

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    China has retaliated on soybeans and pork, affecting Midwest farmers in a region of the country that supported the president in his 2016 campaign. President Trump tweeted on Tuesday "tariffs are the greatest ". "If tariffs punish farmers, the answer is not welfare for farmers - the answer is remove the tariffs", Paul tweeted. It's meant to keep farmers from feeling the brunt of circumstances beyond their control, and since Trump's trade war is most definitely beyond their control, ...
  • President Trump planning emergency aid to farmers affected by tariffs

    President Trump planning emergency aid to farmers affected by tariffs

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    But farm state politicians stress the money is little more than a Band-Aid and that, once overseas markets for American good are lost to producers in other countries, some may be lost for good. Trump declared earlier Tuesday that "Tariffs are the greatest! " and threatened to impose additional penalties on USA trading partners as he prepared for negotiations with European officials at the White House.
  • N Korea 'begins dismantling' rocket launch site

    N Korea 'begins dismantling' rocket launch site

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    Jack Keane said while it may be a step in the right direction, it may not be the kind of progress the USA should be making. However, as The Associated Press notes, "Other analysts say such steps wouldn't diminish North Korea's military capabilities or represent a genuine step toward denuclearization".
  • Trump tweets ‘Tariffs are the greatest!’ as emergency aid planned for farmers

    Trump tweets ‘Tariffs are the greatest!’ as emergency aid planned for farmers

    Markets

    President Trump touted his tough trade polices Tuesday, calling tariffs " the greatest ", after announcing that countries caught up in tense trade relations with the USA would visit to negotiate. Products from every one of the 50 states - from candy to crab pots to horseshoes and space suits - will be on display at the White House for Monday's "Made in America Product Showcase".
  • Tesla Stock Stumbles as Company Asks Suppliers for Help Turning a Profit

    Tesla Stock Stumbles as Company Asks Suppliers for Help Turning a Profit

    Markets

    Supply-chain consultants told the paper that sometimes automakers will demand a reduction in price for a current contract going forward or use leverage of the promise of a new deal to get upfront savings. In a memo to targeted suppliers, management framed the appeal as an "investment", an opportunity to ensure Tesla's continuation and, by extension, its ability to remain a parts buyer.
  • Five 'lucky' stores in Bay Area busy with Mega Millions fever

    Five 'lucky' stores in Bay Area busy with Mega Millions fever

    Markets

    Consult with a financial advisor. This year, 20-year-old Shane Missler of Port Richey won a $451 million prize on January 5, while Richard Wahl of Vernon, N.J., won $533 million on March 30. Both jackpots start at $40 million and roll until the jackpot is won. Many South Florida residents have purchased tickets to get their hands on some big bucks thanks to the Mega Million jackpot.