• Trump Doesn't Think Shutdown Will Last Years

    Trump Doesn't Think Shutdown Will Last Years

    Business

    House of Representatives in the November elections. Hours after being sworn in, Democratic Reps. Mr Trump has denied that his campaign colluded with Moscow. Douglas Holtz-Eakin, president of the American Action Forum and former director of the Congressional Budget Office, said Trump would still need Congress for the funds.
  • Cathay Pacific to honour $16000 fares sold for $675, Report

    Cathay Pacific to honour $16000 fares sold for $675, Report

    Business

    But some customers who purchased the tickets took to Twitter to thank Cathay Pacific for honouring their commitment. "As I shared after the fact, it looked like a ton of people booked these fares, and Cathay Pacific first class cabins were in many cases sold out altogether months and months in advance", the blog stated.
  • What you should know about NY minimum wage increase on December 31

    What you should know about NY minimum wage increase on December 31

    Business

    Workers in lower-cost areas will benefit the most from the increases, said Paul Sonn, state program policy director at NELP. Workers at small businesses in NY will receive $1.50 an hour minimum wage hike, from $12 to $13.50. Wages and tips combined must equal at least the minimum wage. Since then, 29 states, and more than 40 cities or counties, have hiked their minimums above the federal $7.25.
  • New year, new minimum wage

    New year, new minimum wage

    Business

    But the change won't affect many workers in Central Florida who already earn more than that, and wages are scheduled to go even higher in the years ahead. In a statement its Director General, Mr. Timothy Olawale , NECA said: "Globally, there is a recognized and acceptable process of setting a National Minimum Wage as enshrined in the International Labour Organisation, ILO, Convention 131".
  • Sears announces more store closures, including Mall of America location

    Sears announces more store closures, including Mall of America location

    Business

    Earlier on Friday, Sears announced it was closing 80 more stores. With its closure in March, there will be no more full-line Sears department stores left in Minnesota. The charges entail markdowns, severance costs and lease termination costs arising from store closures, which the company announced in October, when it filed for Chapter 11 bankruptcy protection .
  • Trump Says Now Is The Right To Buy Stocks

    Trump Says Now Is The Right To Buy Stocks

    Business

    United States President Donald Trump expressed confidence in the Treasury Secretary, Federal Reserve and USA economy on Tuesday, moving to calm financial markets further roiled after Bloomberg News reported that the President had discussed firing the central bank's chairman over raising interest rates.
  • That Bright Blue Light Over New York? Not Space Aliens

    That Bright Blue Light Over New York? Not Space Aliens

    Business

    Photos posted onto social media showed a bright light burning as it was followed by a unusual, wispy trail. The explosion also knocked out power out at Rikers Island, and some subway lines were disrupted including on the E, F, and R trains and the 7 line.
  • Locals shop for last-minute gifts at Old Hickory Mall

    Locals shop for last-minute gifts at Old Hickory Mall

    Business

    Not all locations will be open on Christmas Day . Here is a list of hours for some of the most popular grocery stores etc.in Las Vegas area. Walmart Supercenter. On Christmas Eve and New Year's Eve at 3 p.m. Dolphin Mall: Open until 6 p.m. On Monday 24 December most stores are set to open from 6am/7am until around 7pm but some express stores are set to close at 10pm on Christmas Eve .
  • Christmas opening times for Tesco, Sainsbury’s, Lidl and Aldi 2018

    Christmas opening times for Tesco, Sainsbury’s, Lidl and Aldi 2018

    Business

    Best Buy will be open from 7 a.m.to 6 p.m. on Christmas Eve as part of its holiday hours. Walgreens: Many stores open until Midnight Christmas Eve . The company also announced that all orders made by 5 p.m. on Christmas Eve can be picked up by 6 p.m. All 24-hour stores will have those regular hours as well.
  • Trump has discussed firing Fed chairman Powell

    Trump has discussed firing Fed chairman Powell

    Business

    As the stock market tumbles and the Dow hits a low that it hasn't seen in almost 15 months, President Trump is shouldering much of the economic blame. "I never suggested firing Chairman Jay Powell, nor do I believe I have the right to do so", Mnuchin quoted Trump as saying. But investors' concerns over the chairman's comments led to US equities to record their steepest declines for any Federal Open Market Committee announcement day since 2011.
  • Dow Jones drops 470 points as market faces rate hike fallout

    Dow Jones drops 470 points as market faces rate hike fallout

    Business

    The Dow Jones Industrial Average was down 159.72 points, or 0.70 percent, at 22,699.88 and the Nasdaq Composite was down 132.14 points, or 2.02 percent, at 6,396.26. Declining issues outnumbered advancers for a 2.52-to-1 ratio on the NYSE and a 3.32-to-1 ratio on the Nasdaq. -The U.S. dollar ticked higher after two days of sharp losses brought on by fears about the economy and slower increases in interest rates .
  • GST Council extends Due Dates for Annual Returns and Other GST Returns

    GST Council extends Due Dates for Annual Returns and Other GST Returns

    Business

    GST rates have been reduced on 32-inch TV. Also third party insurance premium of goods carrying vehicles has been reduced from 18 per cent to 12 per cent. The council comprises representatives from the central and all state governments. The neutrality if the council in the decision making thus stands severely eroded and will be highly detrimental to the future functioning of the GST Council, he had said.
  • Apple to reduce production of new iPhone generation again

    Apple to reduce production of new iPhone generation again

    Business

    Their tactics, in the courts and their everyday business, are harming innovation and harming consumers. Apple went on to add, "Qualcomm insists on charging exorbitant fees based on work they didn't do". As a result, the court granted Qualcomm's request for an injunction against the affected models. Not only have sales of some of the company's newest smartphones been down, but its long-running legal spats with Qualcomm have started to take a turn for the worst.