Finance

Monsanto found responsible for cancer case by United States court

Monsanto found responsible for cancer case by United States court They predict that paying to resolve more than 11,000 related USA lawsuits , which Bayer inherited with its acquisition of Monsanto Co., could cost as much as US$5 billion. GMT. The firm, run by billionaire Paul Singer, wants the CEO to evaluate breaking Bayer into separate pharmaceutical and crop chemical companies, people familiar with the matter said in December. [Full Article...]

US Fed now expects no rate hikes in 2019

US Fed now expects no rate hikes in 2019 The Fed took note of February's very low jobs numbers but remained upbeat about labor markets. The committee members forecast a median federal funds rate this year of 2.4 percent - the current level - down from the 2.9 percent forecast in December, and 3.1 percent in September. [Full Article...]

Over 20,000 Facebook employees had access to 600 million user passwords

Over 20,000 Facebook employees had access to 600 million user passwords Renfro said the issue first came to light in January 2019 when security engineers reviewing some new code noticed passwords were being inadvertently logged in plain text. Facebook Lite is designed for users with older phones or low-speed internet connections and is used primarily in developing countries. Facebook Lite - a simplified version of Facebook created to work on slower internet c... [Full Article...]

Facebook, WhatsApp and Instagram suffer global meltdown (and so do their users)

Facebook, WhatsApp and Instagram suffer global meltdown (and so do their users) The company said the issue has now been resolved, and all systems are recovering from the outage. Facebook has pinned the error a " server configuration change ", which is vague enough to avoid deeper probing, and subsequent troubleshooting from armchair experts. [Full Article...]

Infiniti to end United Kingdom production as it pulls out of Western Europe

Infiniti to end United Kingdom production as it pulls out of Western Europe Industry sources suggest that about 300 people are directly employed in building the two models at Sunderland, out of a total of about 7,000 employees at the factory. McLennan explained: 'The decision taken to withdraw Infiniti operations from Western Europe was extremely hard to take and only after careful consideration of all possible scenarios. [Full Article...]

Happy Pi Day! Start Ciphering Or Eating, Whichever You Choose

Happy Pi Day! Start Ciphering Or Eating, Whichever You Choose Unfortunately, this deal does not include cheesecakes or seasonal fresh fruit pies. Use the coupon code 314 - the deal is available for delivery and pickup. Ooh La La - Receive half off a slice of pie of your choice. One per order and in-restaurant only. To get the deal, customers must first fill out a form and get a coupon at www.villaitaliankitchen.com/PiDay . [Full Article...]

PM Theresa May faces challenge despite securing key Brexit changes

PM Theresa May faces challenge despite securing key Brexit changes Dutch prime minister Mark Rutte has said he is disappointed that the British government has been "unable to ensure a majority for the withdrawal agreement" even after after multiple additional assurances from the EU. Hours before a vote on the deal in parliament , May had failed to win over the main Brexit faction in her own party, while Northern Ireland's Democratic Unionist Party (DUP),... [Full Article...]

Nvidia close to Mellanox deal

Nvidia close to Mellanox deal We are focused on accelerated computing for high performance computing, and Mellanox is focused on networking and storage for high performance computing, and we have combined the two companies under one roof. This is being seen as a cunning plan to reduce Nvidia's dependence on the video game industry. Nvidia is the leading bidder ahead of rivals including Intel, though no final decision has bee... [Full Article...]

Charlotte Russe to close all stores, liquidation sales start

Charlotte Russe to close all stores, liquidation sales start Cloud location. Charlotte Russe Holdings, Inc. announced on Wednesday that they would be closing all of their stores after filing for chapter 11 bankruptcy in February. A bankruptcy court on Wednesday approved the sale of the company's merchandise to the liquidation company. The company has over 8,700 employees who stand to lose their jobs. [Full Article...]

Democratic voters: Alexandria Ocasio-Cortez 'is the candidate of the future'

Democratic voters: Alexandria Ocasio-Cortez 'is the candidate of the future' Chakrabarti not only ran Brand New Congress LLC, but was also Ocasio-Cortez's campaign manager and sat on the board of Justice Democrats, the group's website indicated as recently as January 8. The goal was "to essentially run the full campaigns" and act as a vendor. "It appears "strategic consulting" was a mischaracterization of a wide range of activities that should have been reported indi... [Full Article...]

Police Confirm Death Of Preethi Reddy's Boyfriend In Tamworth Car Crash

Police Confirm Death Of Preethi Reddy's Boyfriend In Tamworth Car Crash She was last seen waiting in line at McDonald's in George Street on Sunday, the police said. Detectives believe Dr Reddy stayed at a hotel on Market Street on Sunday "with a man known to her". Nithya said the last activity on her phone was detected in the Sydney CBD at 1.47pm on Sunday, according to her mobile provider. "I ask you all to think about her family right now and about giving them... [Full Article...]

Huawei takes USA to court, claims ban unconstitutional

Huawei takes USA to court, claims ban unconstitutional Government agencies from buying Huawei equipment and services, but also bars them from contracting with or awarding grants or loans to third parties who buy Huawei equipment or services, without any executive or judicial process. She stands accused of overseeing transactions that violate USA sanctions on Iran. The move comes as Washington tries to persuade allies to ban Huawei from business alle... [Full Article...]

Gerald Butts full statement to the Commons justice committee on SNC-Lavalin

Wilson-Raybould testified she believes she lost the justice job because she didn't give in to "sustained" and "inappropriate pressure" to negotiate a remediation agreement with SNC-Lavalin. Butts laid the groundwork for all of that Wednesday when he told the committee there was a breakdown in the relationship between the prime minister and his former attorney general. [Full Article...]

Theresa May accussed of ‘Brexit bribe’ with new towns fund

Theresa May accussed of ‘Brexit bribe’ with new towns fund Labour's shadow chancellor, John McDonnell , was quick to brand the move a "desperate bribe ", and pointed out that numerous towns in question are struggling because of the Conservatives' nearly decade-long austerity policy. "But there is no constitutionality in that sense". In what many have characterized as outright bribery, May's Conservative government has suddenly announced fresh funding fo... [Full Article...]

Bernie Sanders launches 2020 presidential campaign

Bernie Sanders launches 2020 presidential campaign Sanders' speech was very similar to that given in Brooklyn the day before, in which he outlined a series of limited reforms without explaining how any of these could actually be implemented given the hostility of the USA ruling elite, including the leaders of the Democratic Party whose presidential nomination he is seeking. [Full Article...]

Gap To Split Into Two Companies, With Old Navy As Separate Firm

Gap To Split Into Two Companies, With Old Navy As Separate Firm Gap Inc said on Thursday it would separate its Old Navy brand into a publicly traded company , to focus on its struggling namesake apparel business, sending its shares up 18 percent. Meanwhile, the Gap has struggled - its sales fell 5% a year ago. Sonia Syngal , now president and CEO of Old Navy , will lead the new public, stand-alone Old Navy company. [Full Article...]

Tesla's best Model X and Model S vehicles receive major price cuts

Tesla's best Model X and Model S vehicles receive major price cuts Production issues, higher prices and other delays have blighted the delivery of the Tesla Model 3 since 40,000 customers pledged an interest to buy the vehicle following its official unveiling in 2016. Tesla executives have previously said they were unwilling to launch a $35,000 Model 3 unless it could be sold profitably on a gross margin basis at that price. [Full Article...]

Mixed Feelings Arise as Trump Delays Tariff Increase on Chinese Goods

Mixed Feelings Arise as Trump Delays Tariff Increase on Chinese Goods Perhaps even more alarming is Trump's comment that he is prepared to intervene in judicial proceedings against Huawei, the Chinese telecommunications company whose chief financial official is being held in Canada pending extradition to the USA on charges of bank and wire fraud, violations of US sanctions on Iran and conspiracy to obstruct justice. [Full Article...]

AT&T pulls ads from YouTube over videos exploiting children

AT&T pulls ads from YouTube over videos exploiting children In a video that has been viewed almost 2 million times since its release Sunday, video blogger Matt Watson detailed how users who visit YouTube for bikini shopping videos can eventually be nudged to watch videos featuring young girls. It is not the first time YouTube has been hit by issues around advertising . Similarly, one of the reasons " Fortnite " rose to popularity was because of ... [Full Article...]

Apple, Goldman Sachs to offer joint credit card

Apple, Goldman Sachs to offer joint credit card It's part of a push by Apple to focus on fee-generating services and it continues Goldman's campaign to appeal to rank-and-file consumers . It is unclear if the partnership will affect Apple's current arrangement with Barclaycard, which gives customers the opportunity to earn reward points for purchases made, which equate to Apple Store, App Store and iTunes gift cards. [Full Article...]


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