Mario

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Amazon sinks as Trump continues his Twitter war against the e-commerce giant (AMZN)

Getty<p><b>Amazon's stock price fell Monday as President Trump yet again tweeted about the company causing the Postal Service to lose money.</b>• <b><br>It's his latest in a three-day tirade against the e-commerce giant.</b><p>Shares of Amazon fell more than 4% Monday after Trump doubled down on his Twitter war against the …

eCommerce

China Slaps Tariffs on 128 U.S. Products, Including Wine, Pork and Pipes

BEIJING — The Chinese government hit back Monday at President Trump’s tariffs on steel and aluminum by acting on a threat to put tariffs as high as 25 percent on imports of 128 American-made products, including pork and seamless steel pipes.<p>The Chinese Ministry of Commerce indicated that the …

China
Polling

Wal-Mart Already Has a Thriving Online Grocery Business—in China

Amazon.com Inc. has sent a chill through the U.S. supermarket business. Its $13.7 billion purchase of Whole Foods Markets Inc. stirred fears that it …

eCommerce

New design gives 3D printers a 10x speed boost

Despite the 3D printing revolution shaking up the design and manufacturing industries, one thing has been holding it back from fully infiltrating …

Tencent joins Alphabet, Amazon and Facebook as market valuation tops $500bn

Tencent has become the first Asian company to be valued at more than $500bn after shares hit a record high yesterday.<p>The Chinese Internet giant’s …

The Incredible Ways Heineken Uses Big Data, The Internet of Things And Artificial Intelligence (AI)

Every industry can benefit from Big Data, IoT and AI, and that includes brewers. Dutch brewer Heineken has been a worldwide brewing leader for the last 150 years, but today, as the No. 1 brewer in Europe and No. 2 in the world they are ramping up their results thanks to the use of big data and AI. …

Artificial Intelligence

Amid global electric-car buzz, Toyota bullish on hydrogen

TOYOTA, Japan (AP) — At a car factory in this city named after Toyota, the usual robots with their swinging arms are missing. Instead, workers intently fit parts into place by hand with craftsmanship-like care.<p>The big moment on the assembly line comes when two bulbous yellow tanks of hydrogen are …

Fuel Cell

Turkey: Zara shoppers find labour complaints inside clothes

<b>"I made this item you're going to buy, but I didn't get paid for it!"</b><p>Shoppers at Zara stores across Istanbul found these unusual tags left on garments, hidden in the crease of a pair of jeans or in the pocket of a jacket.<p>But who was putting out the secret messages, like a prisoner in a World War …

Clothing

Most Amazon Prime subscribers say they don’t want to buy the Amazon Key that lets delivery people into their homes

But 5 percent of Prime subscribers would definitely buy an Amazon Key.<p>Next week, Amazon will start delivering packages straight into Americans’ homes, using a smart lock and camera device called Amazon Key.<p>But will anyone bother paying for what seems like an invasive service?<p>Most wouldn’t. About58 …

eCommerce

Bill Ackman's Pershing Square has seen assets drop $1.6 billion in 5 months

Assets at Bill Ackman's Pershing Square have dropped by $1.6 billion in five months.<p>The firm managed about $11 billion at the end of May and about $9.4 billion at the end of October, according to the website for Pershing Square Holdings, a publicly traded Pershing vehicle. That latest figure …

Markets

Non-smokers get six days extra paid leave to make up for smokers' cigarette breaks at Japanese firm

A Japanese company is granting non-smoking employees an extra six days of paid holidays a year after they complained that they were working more than staff who took time off for cigarette breaks.<p>Tokyo-based marketing firm Piala Inc. only introduced the non-smokers' perk in September, but employees …

U.S. oil exports boom, putting infrastructure to the test | Reuters

NEW YORK/HOUSTON (Reuters) - Tankers carrying record levels of crude are leaving in droves from Texas and Louisiana ports, and more growth in the fledgling U.S. oil export market may before long test the limits of infrastructure like pipelines, dock space and ship traffic.<p>FILE PHOTO: Used oil …

Oil

Italy's 2 richest regions claim victory in autonomy votes

MILAN (AP) — The presidents of Italy's wealthy northern regions of Veneto and Lombardy on Sunday claimed victory in autonomy referendums that seek to grab additional powers and tax revenue from Rome, riding a global tide of self-determination that has swamped Spain's Catalonia region.<p>The votes were …

Europe

OPEC Dithering on Output Cuts Could Kill Oil's Rally

Brent crude's brief flirtation with a $60 price level already seems to be fading. OPEC and its friends are facing their last chance to swing …

Oil
Economics

Canada's oil sands survive, but can't thrive in a $50 oil world | Reuters

CALGARY, Alberta (Reuters) - Canada’s oil sands producers are stuck in a rut.<p>FILE PHOTO - Giant dump trucks dump raw tar sands for processing at the Suncor tar sands mining operations near Fort McMurray, Alberta, Canada on September 17, 2014. REUTERS/Todd Korol/File Photo<p>The nation’s oil firms are …

Oil
North Africa

Anchor raises $10 million for podcast platform

A quarter of Americans listen to podcasts each month, but far fewer make them.<p>Anchor is a startup that is looking to change that with its app that makes it easy to record and distribute content. Anchor also has a discovery platform, which allows users to find audio across categories like news, …

Google Play

Trump Calls 20% Corporate Tax Rate in Plan a ‘Perfect Number’

President Donald Trump and Republican leaders launched an urgent effort to get a major legislative win this year, announcing a long-awaited tax plan …

Finance

Yelp will sell its Eat24 business to Grubhub for $287.5 million, stock jumps 19%

(<i>Reuters</i>) — Yelp Inc said on Thursday it would sell its Eat24 business to Grubhub for $287.5 million in cash, as it posted revenue that beat expectations, news that sent Yelp’s shares up 19 percent.<p>The consumer review website operator also said its board had authorized a $200 million share …

Mnuchin ‘Incredibly Unlikely’ to Meet Goal on Taxes, Greene Says

Investors are making a mistake if they count on Treasury Secretary Steven Mnuchin to meet his goal of overhauling the U.S. tax code in 2017, said …

Donald Trump
Investing

Soros says Britain nearing tipping point, may reverse Brexit | Reuters

LONDON (Reuters) - George Soros, the billionaire who earned fame by betting against the pound in 1992, said Britain was approaching a tipping point that would see the economy slow to such an extent that Brexit might even be reversed.<p>FILE PHOTO -- Business magnate George Soros arrives to speak at …

George Soros

Russian Jet Comes Within Feet of U.S. Spy Plane

WASHINGTON — An armed Russian fighter jet intercepted a U.S. reconnaissance aircraft over the Baltic Sea on Monday, three U.S. defense officials told NBC News.<p>The Russian aircraft flew within a few feet of the U.S. Air Force RC-135, the officials said, characterizing the interaction as both unsafe …

Military
Federal Reserve
Same-Store Sales
Canadian Real Estate
Hedge Funds

Hedge funds are crushing it with a trade that anyone can replicate (EEM, VWO)

Hedge funds are using exchange-traded funds to make a killer bet.<p>Markets Insider recently wrote about the most popular ETFs among hedge funds, and it turns out the two most popular funds have something in common.<p>Vanguard and iShares both offer an emerging markets ETF, and hedge funds love the two …

Investing