Economy

Economy Corvette ZR1: 5 fast facts about Chevy's new supercar
Author: 0 Corvette ZR1: 5 fast facts about Chevy's new supercar

While no pricing information is available, Chevrolet says the ZR1 supercar will go on sale in the spring of 2018. The LT5 also has a new dual-fuel-injection system, a first not only for Chevy but all of GM. Nineteen-inch front and 20-inch rear wheels wear P285/30ZR19 front and P335/25ZR20 rear tires, with Michelin Pilot Super Sport rubber. Chevrolet isn't quite making the decision as binary as that, but when you're ordering your shiny new 2019 Corvette ZR1 you do have a choice to make.

Economy Female Passengers Sue Uber for Alleged Violence and Rape by Drivers
Author: 0 Female Passengers Sue Uber for Alleged Violence and Rape by Drivers

The lawsuit follows a proposed class action lawsuit filed Tuesday against Uber asking the ride-sharing company to change its screening practices for drivers on behalf of all US riders who were "subject to rape , sexual assault or gender-motivated violence or harassment by their Uber driver in the last four years".

Economy Single's Day 2017 Again Sets Record with $25.3B in GMV
Author: 0 Single's Day 2017 Again Sets Record with $25.3B in GMV

At the top of the food chain, 167 merchants each generated more than 100 million yuan ($15.1 million) in GMV on Singles Day this year, including Nike , Gap and Uniqlo, thanks to promotional relationships with Alibaba . "168.2 billion yuan sales is not only a record in China, but also a record worldwide, " Alibaba's Chief Executive Daniel Zhang Yong said. The country's online retail sales are growing 30% a year with mobile payment transactions surpassing $23.8 trillion, Chinese President Xi ...

Economy Mattel stock soars on report of Hasbro takeover offer
Author: 0 Mattel stock soars on report of Hasbro takeover offer

Representatives for Hasbro and Mattel declined comment on the report, saying they don't respond to speculation. Hasbro, which is based in Pawtucket, Rhode Island, manufactures toy brands including G.I. "Both companies would benefit from a merger, but Mattel stockholders might oppose a deal that values the company on its depressed stock price", said Erik Gordon, a professor at the University of Michigan's Ross School of Business.

Economy Alibaba smashes Singles' Day records with 39% sales lift
Author: 0 Alibaba smashes Singles' Day records with 39% sales lift

This year, the company saw consumers spending 10 billion yuan (US$1.5 billion) in 3 minutes after the 24-hour shopping spree kicked off on November 11, 2017 , compared with 10 billion yuan in 6 minutes of Singles' Day last year. Alibaba's payments affiliate, Alipay, processed $17.8 billion of transactions on November 11 previous year. Alibaba and JD stock have both doubled this year as revenues surged.

Economy After security breach costs, Equifax clears Q3 with $96M profit
Author: 0 After security breach costs, Equifax clears Q3 with $96M profit

Following this massive data breach, Senator Baldwin helped introduce the Freedom from Equifax Exploitation (FREE) Act to give control over credit and personal information back to consumers. Equifax executives are scheduled to take questions from analysts during a conference call on Friday at 8:30 a.m.in NY. Even so, the company's earnings topped Wall Street's forecasts.

Economy Staten Island Mall hours for Thanksgiving, Black Friday 2017
Author: 0 Staten Island Mall hours for Thanksgiving, Black Friday 2017

Black Friday hours will vary by location. The Thanksgiving weekend will play a big part in the tradition. There's one big benefit to Best Buy's offerings, though: According to its Black Friday ad , many of these deals will be available both in stores and online on Thanksgiving day.

Economy Veterans Day Deals: Free Meals, Discounts, Other Offers for Military Members
Author: 0 Veterans Day Deals: Free Meals, Discounts, Other Offers for Military Members

Veterans & active duty military get a free entree from a limited menu at Applebee's on Saturday. Military veterans with valid ID, and active duty servicemembers in uniform, can enjoy a free "Classic Burger" on Veterans Day 2017. National Park Service is waiving fees at most of its day-use recreation sites over the Veterans Day holiday weekend. To get this offer, make sure you visit Bonefish Grill with your proof of service, like your military ID.

Author: 0 Target Refuses To Pull Fidget Spinners With High Lead Levels

The Fidget Wild Premium Spinner Brass center circle tested for 33,000 parts per million (ppm) of lead. The Fidget Wild Premium Spinner Metal , meanwhile, contained 1,300 ppm of lead in the center circle, and 520 ppm in its arm. The spinners are distributed by Bulls i Toy. The Fidget Wild Spinner Premium Brass is also being sold on Target's website . When ingested or inhaled, lead can cause behavioral problems, learning disabilities and stunted growth in young children.

Economy TripAdvisor now identifies hotels where sexual assaults were reported
Author: 0 TripAdvisor now identifies hotels where sexual assaults were reported

TripAdvisor also removed her posts warning other users about her experience. The Journal Sentinel reports that after TripAdvisor deleted Love's post, at least two more women were sexually assaulted at the same resort complex. After the accusations against Harvey Weinstein and other Hollywood men in power, victims of sexual assault or harassment are coming out to share their stories in almost every field - news, politics, academics, sports , and more.

Economy London Living Wage rises to £10.20 an hour
Author: 0 London Living Wage rises to £10.20 an hour

However, Lidl has not formally accredited with the Living Wage Foundation, which would commit the firm to pay rises every year. The budget supermarket's rate now matches the new Living Wage Foundation's voluntary rate, which was announced today.

Economy Intel, AMD Partner on Chip for Slim, Powerful Gaming Laptops
Author: 0 Intel, AMD Partner on Chip for Slim, Powerful Gaming Laptops

Nevertheless, Intel did pointed out that the new processor is combination of Intel Core H-series CPU together with a semi-custom AMD Radeon GPU. We had a good laugh seeing that Intel's PR is quoting AMD's Scott Herkelman, an ex-Nvidia Geforce guy. It included facilities to manage temperature, power delivery and performance states in real time and adjust performance balance depending upon tasks.

Author: 0 Qata Airways Buys $662 Million Stake in Cathay Pacific

Commenting on the acquisition, Cathay Pacific CEO, Rupert Hogg said: "Qatar Airways is one of the world's premier airlines". Qatar's flag carrier had earlier announced an agreement to purchase 378,188,000 shares in Cathay Pacific Airways Limited, equivalent to approximately 9.6% of the total issued share capital, from Hong Kong-based Kingboard Chemical Holdings.

Economy Boxing results: Deontay Wilder, Dereck Chisora, Scott Quigg and more
Author: 0 Boxing results: Deontay Wilder, Dereck Chisora, Scott Quigg and more

Wilder was so upset over the change of opponent that at the final prefight news conference on Thursday promised a knockout in graphic terms, saying, "The ambulance better be ready". With his win, Wilder extended his undefeated professional record to 39 victories, 38 by knockout. I've been waiting for a long time. No more hiding, no more ducking, no more dodging, no more excuses.

Economy Home owners with mortgages face first interest rate rise for a decade
Author: 0 Home owners with mortgages face first interest rate rise for a decade

This could hit some home-owners hard, given the popularity of variable rate mortgages in the United Kingdom, meaning the impact of a rate hike can be felt very quickly by households, which are already highly indebted. "This month's MPC decision is an important signal to the public that the era of very low interest rates is coming to an end". They also incentivise foreign investors to transfer their money to United Kingdom banks where it will earn more interest.

Author: 0 National Australia Bank Profit Rebounds, Dividend Steady

The bank is expected to announce restructuring costs relating to the redundancies of between AU$500m and AU$800m in first half results early next year. Like the country's other major banks, NAB has moved to tighten its focus on its core franchises in Australia and New Zealand and shed capital-intensive operations to tackle a sluggish revenue environment and more recent signs a booming property market has begun to cool in big cities including Sydney.

Economy NERD Recruits A Rapping Rihanna For Their New Lemon Song & Video!
Author: 0 NERD Recruits A Rapping Rihanna For Their New Lemon Song & Video!

After many #NoOneEverReallyDies teasers, the trio's loud, sexy, bouncing sound comes back in the form of a collaborative track with Rihanna titled " Lemon ", complete with a mesmerizing music video. "Ma'fucka, we ain't finished / I tell you, we won't stop ..." N.E.R.D. will be performing at ComplexCon on November 4. Yes, rapping - literally no one was prepared for this.

Economy Uluru climbing ban 'very likely'
Author: 0 Uluru climbing ban 'very likely'

Since the 1930s, the spectacular monolith in Uluru-Kata Tjuta National Park has been climbable for tourists, despite staunch opposition from the land's traditional owners. Because of an agreement with Australia's tourism industry requiring at least 18 months notice, the Uluru climbing ban will officially start in late October 2019.

Economy USA pressure delays Israel's 'Jerusalem bill'
Author: 0 USA pressure delays Israel's 'Jerusalem bill'

But the Israeli official said on condition of anonymity that the bill needs "diplomatic preparation", declining to elaborate further. "I think it's fair to say that the U.S. "They did not meet to discuss the annexation bill". The proposed bill calls for expanding the Jerusalem municipal boundaries to include four major settlements and a settlement bloc in the West Bank that are home to more than 100,000 Israelis.

Economy Winx makes history with third Cox Plate victory in Australia
Author: 0 Winx makes history with third Cox Plate victory in Australia

To think that she's emulated the great, you know? "She's unbeaten for nearly three years now, and I'd be lying if I said I didn't go to bed at night thinking of her getting beaten". Racing NSW and the Australian Turf Club have also pitched the idea of Winx racing in next year's The Everest - Waller holds a slot in the $10million race - as the pursuit to host worldwide racing's most marketable asset heats up.

Economy Supersonic auto test before world record run
Author: 0 Supersonic auto test before world record run

A supersonic vehicle that has been created to reach a world land speed record of 1,000 miles per hour (mph) has undergone its first public test run in England. For this test, it accelerated to 210mph in around 9 seconds on a 1.7-mile runway. Likewise, 1,000mph will require solid metal wheels, but for the shakedown test Bloodhound SSC used some low-grip Dunlop tires originally worn by an English Electric Lightning.

Economy Republican member of House tax-writing committee votes against GOP budget
Author: 0 Republican member of House tax-writing committee votes against GOP budget

The resolution passed 216-212. It's estimated to free up more than $1 trillion in revenue. Bank of America Corp. was up as much as 1.3% to the highest level since October 2008, while JPMorgan Chase & Co. If it's not fully repealed, lawmakers will have another revenue hole to fill. The SALT state Republicans are afraid that once the budget is passed, they will be sidelined.

Economy Singapore now offers the world's most powerful passport
Author: 0 Singapore now offers the world's most powerful passport

Inhabitants of the tiny city state of Singapore have the most powerful passports in the world, it has been revealed. Last year, the U.S. came close behind the United Kingdom, ranking in fourth tier, with its citizens able to travel visa-free to 156 countries.

Author: 0 The Bank of Canada keeps its key rate at 1%

The next scheduled date for announcing the overnight rate target is December 6, 2017. In its monetary policy statement the central bank said that while less stimulus will be needed over time it will be cautious as it considers making further interest rate adjustments given uncertainties facing the economy.

Economy First CFPB rule set for repeal, trades react
Author: 0 First CFPB rule set for repeal, trades react

The Treasury claims the rule fails to account for the costs of class action litigation or prove the benefits of arbitration. The House of Representatives has already voted to scrap the rule , and the Senate has about a month to do the same before a key deadline.

Author: 0 CA: FAA Investigates Another Questionable Air Canada Landing at SFO

After landing, the Air Canada pilots told the tower that they experienced a radio problem. The first incident, which occurred on July 7, could have been the worst aviation disaster in history, with four planes on the taxiway as the Air Canada flight almost landed right on top of them.

Economy WeWork To Take Over Lord & Taylor's NY HQ In $850M Deal
Author: 0 WeWork To Take Over Lord & Taylor's NY HQ In $850M Deal

HBC announced the deal as part of a series of strategic transactions with WeWork Companies, Rhone Capital and an affiliate of WeWork Property Advisors, a joint venture between WeWork and Rhone. WeWork Cos said on August 24 it received an additional $3 billion investment from Japan's SoftBank Group and its Vision Fund to ramp up its expansion globally.

Economy Pollution killed 9 million people in 2015
Author: 0 Pollution killed 9 million people in 2015

An estimated 9 million people died from pollution exposure in 2015, the commission reports. But according to a new study published online Friday in The Lancet , a peer-reviewed medical journal, not only is pollution more harmful to global human health than we realize, our economic justification for it is also far off the mark.

Economy Wings trade Sheahan, sign Athanasiou
Author: 0 Wings trade Sheahan, sign Athanasiou

Athanasiou had until December 1 to sign with a club, the Red Wings leaving at least some time to spare. Despite now holding a 4-3 record and sitting in 15th place in the National Hockey League - good for the second wildcard spot in the Eastern Conference - it's unlikely that the Red Wings make the playoffs this year.

Economy Northeast Ohio's Amazon 'HQ2' bid is in
Author: 0 Northeast Ohio's Amazon 'HQ2' bid is in

More than 100 cities, including four in IN, have submitted their bids for Amazon's second North American headquarters . The Little Rock Regional Chamber of Commerce ran a full-page ad in the Washington Post explaining why it wasn't pursuing the project after all.

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