• Amazon HQ move spurs backlash from NY council, locals & other politicians
Amazon HQ move spurs backlash from NY council, locals & other politicians

That includes $1.2 billion in refundable tax credits under the state's Excelsior jobs program - equivalent to $48,000 a job over the next decade. It also happens to have checked all of Amazon's boxes. Some officials in NY have welcomed Amazon's decision, and the Empire State Building was bathed in orange light Tuesday night after the tech g...

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  • Northern California Wildfire: 63 Dead; Number of Missing People Hits 631
Northern California Wildfire: 63 Dead; Number of Missing People Hits 631

The utility was found to be responsible for several devastating fires in northern California last fall that killed at least 15 people, and it faces billions of dollars in liability for the latest wildfires. It devastated the town of Paradise , reducing numerous homes to ash and rubble. Cal Fire said that 40 percent of the Camp Fire's perimeter h...

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  • Putin Says $70 Crude Suits Russia Fine, Talked Oil With Trump
Putin Says $70 Crude Suits Russia Fine, Talked Oil With Trump

US crude futures lost $3.59, or 6 per cent, to hit $56.35 a barrel, lowest since December 2017, as of 1:45 p.m. EST (1845 GMT), putting it on track for its largest one-day percentage loss since January 2016. The recovery in oil prices that followed the 2017 OPEC-led supply cut is still prompting more growth in rival production. Brent Crude is n...

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  • Major oil producers foresee oversupply, edge closer to production cuts
Major oil producers foresee oversupply, edge closer to production cuts

Meanwhile, Khalid al-Falih, Energy Minister of Saudi Arabia , announced the kingdom would cut its production by 500,000 barrels per day. Falih said Saudi Arabia was not pushing for the break-up of OPEC, which at present supplies about half the world's petroleum requirements, Reuters reported.

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  • Google CEO says censorship is done to comply with laws
Google CEO says censorship is done to comply with laws

Speaking at a lunch hosted by the Canadian Club in Toronto, Geremia says Google has taken a much harder line on inappropriate behaviour, especially in the last two years, and that no one is more keen to solve issues around misconduct than its chief executive officer Sundar Pichai .

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  • India appreciates USA waiver on Iran-related sanctions
India appreciates USA waiver on Iran-related sanctions

Front-month Brent crude oil futures were at $70.84 a barrel, 19 cents above their last close. The slump in oil markets has been exacerbated by a U.S. CHINA China, the world's biggest importer of crude oil, is also the top buyer of Iranian oil, and its mostly state-owned refiners have lobbied hard for waivers .

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  • Lion Air plane aborts take-off after wing hits pole
Lion Air plane aborts take-off after wing hits pole

In that incident the plane had experienced airspeed indicator malfunctions on its four previous flights, data from the retrieved black box has revealed. Moments into the aircraft's final flight, the pilots asked to return to Jakarta but never turned back, according to Indonesia's safety commission and flight-tracking data.

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  • Lowe's to close 50 stores; just one in Texas
Lowe's to close 50 stores; just one in Texas

Ellison stated "We believe our people are the foundation of our business and essential to our future growth". Lowe's and Rona stores that will be closed in Canada include locations across the country -from British Columbia and Alberta to Ontario and Quebec, and all the way east to Newfoundland .

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  • Amazon Plot Twist: 2 Cities Will Split The 2nd Headquarters
Amazon Plot Twist: 2 Cities Will Split The 2nd Headquarters

The Wall Street Journal earlier reported Amazon's decision to pick two new locations instead of one.About 1,800 people in advertising, fashion and publishing already work for Amazon in NY, and roughly 2,500 corporate and technical employees work in Northern Virginia and Washington.Amazon narrowed the list to 20 cities in January, and in rece...

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  • Boeing issues advice over sensors after Indonesia crash
Boeing issues advice over sensors after Indonesia crash

Currently, Jet Airways and SpiceJet fly Boeing 737 MAX planes in India. "We are issuing this [airworthiness directive] because we evaluated all the relevant information and determined the unsafe condition described previously is likely to exist or develop in other products of the same type design", the FAA wrote .

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  • More US Tariffs on China Goods Not
More US Tariffs on China Goods Not "Set in Stone"

His comments came one day after Trump spoke with Chinese President Xi Jinping over the phone. "I think that we will reach agreement with China, and I think it'll be a fair deal for all", said trump. "If this does turn out to be ZTE round 2, the president will be attacked by Democrats, and some Republicans, for talking a huge game on China but ins...

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  • Oil Prices: November 4 Iran Sanctions Nearing
Oil Prices: November 4 Iran Sanctions Nearing

The U.S. stock market lost over 2 percent in the early session resulting from warning of higher production costs by heavy equipment maker Caterpillar Inc. October wasn't just a tough month for equities, it was also a crushing month for crude oil. The latest US EIA data showed that the US crude oil inventories climbed for a sixth straight week last ...

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  • RBI governor may resign, reports say; rupee down
RBI governor may resign, reports say; rupee down

The tussle widened further with reports circulating on Wednesday that the governor Urjit Patel has conveyed his displeasure to the government and he is considering all options including to step down, TVchannels reported, citing sources.

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  • Indian pilot Bhavye Suneja dies in Indonesia’s Lion Air Plane crash
Indian pilot Bhavye Suneja dies in Indonesia’s Lion Air Plane crash

He said six body bags have been used so far for human remains recovered. 'We don't dare to say what the facts are, or are not, yet, ' he told reporters. Malindo Air, a Malaysian subsidiary of Jakarta-based Lion Air, was the first airline to begin using the 737 Max 8 previous year. Lion Air said there were two foreigners on the plane: one of t...

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  • Amazon sinks as revenue growth disappoints
Amazon sinks as revenue growth disappoints

During a post-earnings conference call with investors, Amazon said that it expected global sales to receive a boost in the December quarter, thanks to the late Diwali in India. Google-parent Alphabet sank 3.3 percent after its revenue missed estimates, fanning concerns that investments in new businesses, rising regulatory scrutiny and compe...

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  • China says Trump should swap iPhone for Huawei amid bugging claim
China says Trump should swap iPhone for Huawei amid bugging claim

Chinese foreign ministry spokeswoman Hua Chunying was asked about the story during a press conference on Thursday. President Donald Trump speaking to reporters at the White House . Donald Trump termed the NYT report as a " fake story" and said he rarely uses his cellphone. "Mr. Trump keeps the personal phone, White House officials said, be...

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  • Saudi king briefs Putin on investigation into Khashoggi death
Saudi king briefs Putin on investigation into Khashoggi death

Still, neither Trump nor Saudi Arabia has been willing to implicate Saudi leadership in the journalist's killing. "They were representing the state when they acted as they acted". Salah Khashoggi met Saudi King Salman and Crown Prince before leaving for the US. Khashoggi, 59, a Washington Post columnist and critic Saudi Arabia's powerful Cr...

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  • Elon Musk says California hyperloop test tunnel opens December 10
Elon Musk says California hyperloop test tunnel opens December 10

Elon Musk just announced that the first Boring Company tunnel will be inaugurated on December 10. The engineers at work on the Boring Co.'s tunnel, which now runs for a mile beneath city streets, have signaled that they intend to finish as they started: away from the public eye.

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  • US Mega Millions results: Lotto numbers for October 23
US Mega Millions results: Lotto numbers for October 23

The jackpot has been growing since July 24 , when 11 Santa Clara County, Calif., office workers won $543 million through an office pool. What happens if you win Mega Millions' $1.6B jackpot? A North Carolina mom who bought Mega Millions tickets won $1 million after deciding to also buy a ticket in a new scratch-off game, NC lottery officials s...

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  • Turkish police find 'abandoned Saudi consulate car' in Istanbul
Turkish police find 'abandoned Saudi consulate car' in Istanbul

However, Erdogan said he was not satisfied with Saudi Arabia blaming some of its intelligence agents for the killing, and called for suspects to be tried in Istanbul . The president elaborated on his comments Tuesday evening at a briefing with military leaders, saying, "I would say it was a total fiasco, from day one, from the thought, whoever...

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