Economy

On "The Story " tonight, Gen. Jack Keane pointed out that Kerry took the lead for the USA on the Paris agreement , in addition to the Iran nuclear deal, both of which he called "lousy". Pruitt again answered by insisting their discussions about the Paris accord were centered exclusively on whether the accord was good for the US, claiming it had put the nation at an "economic disadvantage".
  • 23 aboard sinking barge off Karnataka coast rescued

    23 aboard sinking barge off Karnataka coast rescued

    Economy

    The Coast Guard personnel rescued four workers on Saturday night and suspended the operation due to inclement weather. Meanwhile, the New Mangalore Port was also requested to provide tugs so that the barge could be brought to the port. "Due to inclement weather, the rescue operation had to be put on hold temporarily". There are no reports about injuries and water pollution, but exact assessment will be done after completion of rescue operations.
  • US hiring pullback suggests firms are straining to fill jobs

    US hiring pullback suggests firms are straining to fill jobs

    Economy

    Meanwhile, wage growth remained disappointing, with a 0.2 percent bump from last month and 2.5 percent year-over-year increase. Friday's report showed payroll gains were revised down a net 66,000 in April and March. That figure is well below the 3 or 4 percent growth typical of earlier economic recoveries and throws into question the understood relationship between unemployment and pay (as one drops, the other typically rises).
  • UK PM May's Conservatives See Poll Lead Narrow Again

    UK PM May's Conservatives See Poll Lead Narrow Again

    Economy

    The main opposition Labour Party's share of the vote was unchanged at 33 percent. Theresa May has refused to rule out a rise in income tax if she is returned to power in the General Election . It's much the same story with the age group 18-24 with 70% of people betting on Corybn's party winning the most seats at the election. Although previous polls conducted in the early stages of campaigning indicated that May was on course for a landslide with a majority of up to 150 seats, the new ...
  • Tesla Owners to Pay More for AAA Insurance

    Tesla Owners to Pay More for AAA Insurance

    Economy

    TSLA stock is down less than 1% this morning. AAA based its analysis off of data provided from the Highway Loss Data Institute (HLDI), as well as other sources. "We expect Model X to receive the best score for any SUV ever tested", a Tesla spokesperson stated. Other insurers, like State Farm and Geico, wouldn't tell the publication if Tesla owners would see an increase in rates, but said that claims data is a significant factor in calculating a rate.
  • Saudi's Al Ahli ends Qatar Airways sponsorship after political ties are cut

    Saudi's Al Ahli ends Qatar Airways sponsorship after political ties are cut

    Economy

    Emirates, the Dubai-based carrier, and budget carrier FlyDubai have followed suit. A picture taken on June 5, 2017 shows a man walking past the Qatar Airways branch in the Saudi capital Riyadh , after it had suspended all flights to Saudi Arabia following a severing of relations between major gulf states and gas-rich Qatar .
  • Memorable words from the National Spelling Bee

    Memorable words from the National Spelling Bee

    Economy

    Vinay takes home a $40,000 cash prize and trophy, along with a $2,500 USA savings bond and complete reference library, a trip to New York City and Hollywood. A 12-year-old Fresno, California has won the 90th Scripps National Spelling Bee on Thursday. Ananya was crowned the victor of the 90th Scripps National Spelling Bee held in Oxon Mill, Maryland, a suburb of the nation's capital.
  • London Bridge attack: 2 killers identified

    Economy

    The world needs new rules for cyberspace to "deprive the extremists of their safe spaces online", she said , according to Independent . It is not clear how having more police on the beat would have prevented the attack, since the men were shot dead within eight minutes, but the issue of police cuts has come back to haunt May, who served for six years at home secretary under her predecessor David Cameron before she became prime minister last year.
  • Qatar's falling out with its Arab neighbors

    Qatar's falling out with its Arab neighbors

    Economy

    Qatar is the site of the sprawling al-Udeid Air Base, home to the forward headquarters of the USA military's Central Command. Maj. Some Gulf news coverage seemed to support regime change in Qatar, and accused its emir of holding a secret meeting with Iranian Revolutionary Guard commander Gen.
  • "Opec's ability to control oil price 'diluted' by US" - Cantor Fitzgerald Europe

    Economy

    Precise details of OPEC's production cut haven't been made public yet, but The Wall Street Journal is reporting OPEC members agreed to extend their 1.2 million barrels per day production cut deal until March 2018. Less oil on the market normally means higher value per barrel. But it also spurred growth in the US shale industry , which is not participating in the output deal, thus slowing the market's rebalancing.
  • Renault announces electric auto battery recycling scheme

    Renault announces electric auto battery recycling scheme

    Economy

    This combination, the company claims, can save homeowners up to 35 percent on their electricity bills. Renault said electric auto batteries lasted about eight years on the road, but still had another 10 years of life for other uses in a stationary situation.
  • Apple store is down, new iPad Pro announcement likely to blame

    Economy

    Finally, Apple showed off an update to its Metal graphics suite that provides developer access to the GPU. I'd say Apple announcing the iMac Pro is pretty much the nail in the coffin for the little black can design. The entry-level 21.5-inch iMac now has Intel Iris Plus graphics, which work 80 per cent faster than the previous generation. Apple's Worldwide Developers Conference ( WWDC ) that kicked off on Monday may be a software show, but the company unveiled some hardware surprises at ...