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The Comcast NBC logo is shown on a building in Los Angeles, California, U.S. June 13, 2018. The fight for ownership of Sky is playing out against the backdrop of Disney and Comcast's battle for a raft of Fox assets, including Fox's current 39% stake in Sky.
  • Trump planning new curbs on Chinese investment in the US

    Trump planning new curbs on Chinese investment in the US

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    After talks over the issue broke down this spring, the USA and China said they would both apply new tariffs to billions of dollars worth of goods from each other's country on 6 July. The beef ban was imposed over a decade ago as Beijing started closing off its markets to all European imports, and later to United States beef imports, in the wake of the "mad cow" disease scare.
  • Trump tweet may doom House Republicans' effort on immigration

    Trump tweet may doom House Republicans' effort on immigration

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    Parents were jailed and children taken to government-contracted shelters. US President Donald Trump took an U-turn and changed his own policy amid strong protest by American people. There are huge criticism and outcry in America over the way undocumented parents and children have been kept forcibly apart.
  • For once in a tie, Greek PM Tsipras hails new debt deal

    For once in a tie, Greek PM Tsipras hails new debt deal

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    He said soon after being elected that he would only wear one when Greece had settled its debt problems. "After eight long years, Greece will finally be graduating from its financial assistance", the chairman of euro zone finance ministers Mario Centeno told a news conference in the small hours of Friday after hours of negotiations of the deal.
  • Erdogan proclaimed victor of Turkey's presidential election

    Erdogan proclaimed victor of Turkey's presidential election

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    But the Opposition raised doubts about the accuracy and reliability of the figures released by the state-run Anadolu news agency, the sole distributor of the official vote tally. Analysts said the incumbent may also have feared a sharp slowdown in the economy expected later this year would lose him support if the elections had been held on schedule.
  • Crypto Exchange Bithumb Halts Withdrawals Amid $31 Million Hack

    Crypto Exchange Bithumb Halts Withdrawals Amid $31 Million Hack

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    Unlike Coinrail , which lost more than $40 million in altcoins when it suffered an attack , Bithumb is one of the biggest exchanges-according to CoinMarketCap data , it's the world's sixth largest cryptocurrency exchange. The company has moved all their existing assets at a safe place to a cold wallet which will preserve cryptocurrencies in an offline environment which is inaccessible on the net.
  • Amid Trade War, Donald Trump Says US

    Amid Trade War, Donald Trump Says US "Rebuilt" China

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    The Trump tariffs , which the USA government says are punishment for intellectual property theft, will be enacted in two waves. With Trump's latest salvo, he has now threatened tariffs on up to US$450 billion in China's exports, out of a total of just over US$500 billion in goods sold to the United States.
  • OPEC on tightrope as output target talks prompt clash

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    The initial public offering of Saudi oil giant Aramco-which has already been likely pushed to 2019 from the second half of 2018-could be postponed even further, for after 2019, comments by Saudi Energy Minister Khalid al-Falih suggested on Thursday.
  • Trump threatens tariff on European cars

    Trump threatens tariff on European cars

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    The Commission formally adopted a law putting in place the duties on 2.8 billion euros (RM12.9 billion) worth of US goods, including steel and aluminium products, farm produce such as corn and peanuts, bourbon, jeans, and motorcycles. That means the EU's 10 percent tax on USA auto imports and the 2.5 tariff on auto imports in the US would end. It is a $241 million measure that matches the amount of steel and aluminum import duty expected to be collected from India by the United States ...
  • Elon Musk Says Tesla Secrets Stolen by Staff Saboteur

    Elon Musk Says Tesla Secrets Stolen by Staff Saboteur

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    In company-wide emails, Musk said an employee had admitted to conducting corporate sabotage, and a potentially suspicious fire had broken out in its factory's body-shop on Monday (June 18). Tesla sold more than $ 2 billion worth of cars in China in 2017 , accounting for almost 20% of its total revenue. To pump up vehicle production, Tesla needed a new general assembly line - but didn't have time to construct a new building, according to a Musk tweet .
  • Audi CEO Rupert Stadler arrested in diesel investigation, report says

    Audi CEO Rupert Stadler arrested in diesel investigation, report says

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    Munich prosecutors reportedly arrested Stadler due to a potential risk that he might seek to suppress or tamper with evidence related to the scandal. It named Stadler among the suspects accused of fraud and false advertising. Audi has not yet commented on the matter. The Audi probe: Audi has been accused of having sold at least 210,000 diesel-engine cars fitted with cheat software in the United States and Europe, starting in 2009.
  • Minimum Wage Doesn’t Cover Rent Anywhere In The U.S.

    Minimum Wage Doesn’t Cover Rent Anywhere In The U.S.

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    The federally mandated minimum wage is set at $7.25, meaning workers would have to work around 122 hours a week, 52 weeks a year, just to afford a two-bedroom apartment. The city is one of many now buckling under rising housing costs, Seattle's having been propelled in part by the same corporations that fought against the tax.
  • Donald Trump Ready To Impose About $50 Billion Tariffs On Chinese Goods

    Donald Trump Ready To Impose About $50 Billion Tariffs On Chinese Goods

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    Agriculture producers and related industries dependent on exports to China are turning to Congress for help as the Trump administration prepares to levy trade tariffs on China. President Trump shot back with a warning of up to an additional $100 billion in USA tariffs on China. "What we're seeing here is a bargaining process in which the Trump team has found that by continuing to put pressure on China, the offers have become better and better", said Dennis Wilder, head of a Georgetown ...
  • Judge clears the way for AT&T merger with Time Warner

    Judge clears the way for AT&T merger with Time Warner

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    The sheer scale of the deal is what led the Justice Department to file an antitrust lawsuit to try to prevent the merger. U.S. District Judge Richard J. Comcast is expected to offer $60 billion for the Fox regional sports networks, the FX cable channel, the Sky satellite-TV business in Europe, Fox movie and television studios, and Fox worldwide channels as early as Wednesday.
  • Reaction to Trump-Kim summit

    Reaction to Trump-Kim summit

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    Trump offered kind words about Kim throughout their public greetings and sit-down, describing the 34-year-old supreme leader as having a "great personality and very smart". Randall Schriver, the Pentagon's assistant secretary of defence for Asian and Pacific security affairs, was in Singapore for the summit as part of the USA delegation, and will return to Washington as the Pentagon considers its next moves.
  • $46bn Bitcoin sell-off follows South Korean crypto exchange hack attack

    $46bn Bitcoin sell-off follows South Korean crypto exchange hack attack

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    The news sent cryptocurrencies tumbling, with bitcoin losing about 13 per cent, ethereum down 12 per cent and ripple nearly 20 per cent lower as traders fret over the safety of their investments. Japan in February carried out raids on a number of exchanges following the Coinbase hack, which exceeded the US$480 million in virtually currency stolen in 2014 from another Japanese exchange, MtGox.
  • Chinese phone maker ZTE saved from brink after deal with US

    Chinese phone maker ZTE saved from brink after deal with US

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    According to the Hong Kong-based English-language daily, "The reprimand and forfeiture of bonuses were part of the original settlement that ZTE had reached with the U.S. It was reported that last month T-Mobile was going to walk away from an agreement worth more than $1 billion to distribute ZTE smartphones , among other products, in the U.S.
  • 'Exciting step' as test drives of flying car begin

    'Exciting step' as test drives of flying car begin

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    Google co-founder Larry Page has been invested in making flying cars a reality and it nearly happened this Wednesday. While Kitty Hawk is developing single-seat and two-seat aircraft, other companies are looking at vehicles that seat from four to six, imagining this new form of transportation as akin to a flying taxi cab.
  • Tesla on autopilot sped up before fatal solo crash in March

    Tesla on autopilot sped up before fatal solo crash in March

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    In the post, the company said the driver had about five seconds and 150 meters of unobstructed view of the highway barrier but took no action to avoid the collision, citing vehicle logs. A second later the Tesla began veering left though it was still trailing the lead vehicle. Tesla said earlier that "the reason this crash was so severe is because the crash attenuator, a highway safety barrier which is created to reduce the impact into a concrete lane divider, had been crushed in a prior ...
  • African-American ABC executive who fired Roseanne hired her previous year

    African-American ABC executive who fired Roseanne hired her previous year

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    They do it because we have a white trash racist president. "Gee, he never called President Donald J. Trump to apologize for the terrible statements made and said about me on ABC", Trump tweeted . Reruns on Hulu, Paramount Network, TV Land and CMT have also been pulled from the air and Barr was dropped from her talent agency ICM. After initially saying she was going to leave Twitter, Roseanne returned after her show was cancelled to tell fans not to defend her .
  • It’s official: Microsoft has acquired GitHub for $7.5 billion

    It’s official: Microsoft has acquired GitHub for $7.5 billion

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    That may not completely win over open source developers who don't like the idea of a company like Microsoft owning GitHub, but as Nadella says , "When it comes to our commitment to open source, judge us by the actions we have taken in the recent past, our actions today, and in the future".
  • Vermont paying $10,000 to move there and work from home

    Vermont paying $10,000 to move there and work from home

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    To be eligible, a worker must be a full-time employee of a business located outside Vermont, must work primarily from home or a co-working space in Vermont, and must become a full-time resident of the state on or after January 1, 2019. population. Vermont has an aging population and only about 625,000 residents, which is creating a shrinking tax base. Visitors who plan their trips during one of the four designated weekends from April to October can network with employers, entrepreneurs, and ...
  • United States to slap tariffs on steel, aluminium from European Union on Thursday

    United States to slap tariffs on steel, aluminium from European Union on Thursday

    Markets

    It also sent a chill through financial markets, with the Dow Jones Industrial Average . DJI down around 0.5 percent. Our North American allies have been engaged in (what they had believed to be) earnest, productive discussions with the USA on reforming NAFTA, and had thus assumed that Washington would not unilaterally impose tariffs on them - let alone that it would so without providing any warning.
  • Joy and fury as Albertans react to federal government’s pipeline purchase

    Joy and fury as Albertans react to federal government’s pipeline purchase

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    Finance Minister Bill Morneau said purchasing the pipeline was the only way to ensure that a planned expansion could go ahead. The report said a lack of investment in the energy sector is a contributing factor. "This project has more certainty than ever before". If the government succeeds in getting the pipeline built, it plans to sell it back to the private sector.
  • More than 8,000 Starbucks to close for anti-bias training

    More than 8,000 Starbucks to close for anti-bias training

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    The coffee chain's leaders reached out to bias training experts after the arrest of two black men at a Philadelphia Starbucks last month. Employees will talk about their own experiences and watch a film about bias, the company announced. Ifill said that Starbucks management received a version of the bias training this week. Starbucks is shutting down for the afternoon on Tuesday, May 29 , to provide anti-racial bias training for its employees.