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Business

Laurence Marzo, left, and Ty Ford, right, move a conveyor belt into place to help unload a truck carrying merchandise at a Walmart Supercenter in Houston. Sectors in which employment expanded included health care (up 32,000 jobs); professional and business services (up 32,000 jobs); manufacturing (up 27,000 jobs); and transportation and warehousing (up 25,000 jobs).
  • Ukrainian president asks Trump to deliver pointed message to Putin

    Ukrainian president asks Trump to deliver pointed message to Putin

    Business

    Trump is due to meet Putin on the sidelines of the G20 summit in Buenos Aires, which convenes on Friday and Saturday. FBN's Kristina Partsinevelos on the state of the markets. The Federal Reserve should be even more attentive to new economic data as its gradual interest-rate hikes edge it ever closer to a neutral stance, Federal Reserve Vice Chair Richard Clarida said on Tuesday.
  • Nissan aims to nominate new chairman by around Dec 20

    Nissan aims to nominate new chairman by around Dec 20

    Business

    Prosecutors allege that he and another Nissan director, Greg Kelly, collaborated to understate Ghosn's income by about 5 billion yen ($44 million) over a five-year period ending in March 2015. Reports suggest he was now looking to merge Renault and Nissan to strengthen the partnership . Kelly has also been arrested by Tokyo prosecutors after being accused of wrongdoing by the company.
  • Trump hits out at General Motors over job cuts in US

    Trump hits out at General Motors over job cuts in US

    Business

    A Canadian union, Unifor, which represents most unionized auto workers in Canada, said Sunday it was informed by GM that there would be no product allocated to the plant in Oshawa, about 37 miles (60 km) from Toronto, after December 2019. GM opened the Lordstown plant in the late 1960s. President Donald Trump has long promised to boost the U.S. auto industry and bring manufacturing jobs back home.
  • Black Friday: Amazon Workers Embark On Strike

    Black Friday: Amazon Workers Embark On Strike

    Business

    Although, when asked about strikes at its facilities in these countries, Amazon claimed: "Our European Fulfilment Network is fully operational and we continue to focus on delivering for our customers". "They are breaking bones, being knocked unconscious and being taken away in ambulances", Tim Roache, GMB General Secretary, said in a statement . "In reality, they treat us like disposable parts".
  • Gibraltar compromise clears the way for Brexit deal

    Gibraltar compromise clears the way for Brexit deal

    Business

    Spain wanted the future of Gibraltar , a territory on the southern tip of Spain that was ceded to Britain in 1713, to be an issue between Spain and Britain rather than Britain and the E.U. Her aides say she is banking on the "fear factor", daring the House of Commons to vote down a deal which if rejected would leave Britain most likely crashing out of the bloc, its largest trading partner, without any agreements, which would be costly economically and would nearly certainly push the country ...
  • Black Friday shopping started early on Thanksgiving day

    Black Friday shopping started early on Thanksgiving day

    Business

    Then again, some shoppers simply love the chaos and excitement of Black Friday - crowds, confusing pricing, and all. There are also several stores that have chosen not to open at all before Black Friday . On Black Friday doors open at 8 a.m. Meijer and Walmart open at 6 a.m. Thursday. More than 100 shoppers were lined up at 1:30 p.m. outside the JCPenney store in anticipation of the national retailer's 2 p.m.
  • Tokyo Court To Keep Nissan's Carlos Ghosn Detained For 10 Days

    Tokyo Court To Keep Nissan's Carlos Ghosn Detained For 10 Days

    Business

    During an urgent meeting on Tuesday evening, Renault's Board of Directors resolved that the lead independent director Philippe Lagayette will preside over its meetings on an interim basis and that the Deputy CEO Thierry Bollore will "therefore lead the management team of the Group, having the same powers as Mr.
  • Apple holding a 'four-day shopping event' starting Black Friday

    Apple holding a 'four-day shopping event' starting Black Friday

    Business

    Retailers see around a 208 percent increase in revenue on that day as most North Dakota consumers take on the heavily crowded day to start their Christmas shopping early with a wide variety of deals. However, it was £50 cheaper on at least 62 occasions after the event and dropped a further £150 for at least four days at the end of December and beginning of January.
  • Nissan to oust boss Carlos Ghosn due to 'serious misconduct'

    Nissan to oust boss Carlos Ghosn due to 'serious misconduct'

    Business

    Japanese media reported that Ghosn, who is also chairman and chief executive of Nissan's French partner Renault and one of the best known figures in the global auto industry, had been arrested . "As the misconduct uncovered through our internal investigation constitutes clear violations of the duty of care as directors, Nissan's Chief Executive Officer Hiroto Saikawa will propose to the Nissan Board of Directors to promptly remove Ghosn from his positions as Chairman and Representative ...
  • Jennie-O recalling 90000 pounds of ground turkey due to salmonella risk

    Jennie-O recalling 90000 pounds of ground turkey due to salmonella risk

    Business

    As the investigation continues health officials are surveying everyone who became infected to get a better idea of what they ate, when and where they purchased the turkey. These instances of salmonella poisoning killed one person in California and sent sixty-three to the hospital, according to the CDC . You can't see, smell, or taste harmful bacteria that may cause illness.
  • Minister says 409 injured in gas tax protests around France

    Minister says 409 injured in gas tax protests around France

    Business

    Police used tear gas to clear the entrance to a tunnel under the Mont-Blanc mountain in the Alps, and to push back demonstrators near the Elysee Palace in Paris and in the centre of Lyon. At a blockade on a road in the south-eastern department of Savoie, a driver panicked when protesters surrounded her auto and she accelerated, hitting and killing a female demonstrator, French Interior Minister Christophe Castaner said in televised comments.
  • Saudi Arabia is reducing oil supply; OPEC may cut too

    Saudi Arabia is reducing oil supply; OPEC may cut too

    Business

    Oil prices rose by about one per cent on Monday after top exporter, Saudi Arabia , announced a cut in supply for December. Trump tweeted, "Hopefully, Saudi Arabia and OPEC will not be cutting oil production". While they were willing to take that action to ease prices and shield themselves from attacks from the White House, many countries also need the value of a barrel to stay high enough to balance their budgets.
  • Alibaba’s Singles’ Day sets online shopping record with $31B in sales

    Alibaba’s Singles’ Day sets online shopping record with $31B in sales

    Business

    Chinese workers carry goods from Singles' Day online shopping onto a "Fuxing" high-speed bullet train from Beijing to Changsha. Twenty minutes in, sales had surpassed $US6.5 billion. "Steep discounts on the Tmall Genie smart speaker during Singles' Day a year ago, as well as the introduction of lower-priced mini versions of several smart speakers in early 2018, were key in accelerating growth".
  • Boeing issues safety warning for new passenger jets

    Boeing issues safety warning for new passenger jets

    Business

    To find out how serious the risks are due to the malfunction of the sensor, the Indonesian investigator would carry out a flight reconstruction in the Boeing facility in the United States. Going forward, Tjahjano said, the KNKT investigators have to recover the cockpit voice recorder to find out what was happening in the last minutes before the plane crashed into the waters.
  • Tesla names Robyn Denholm as new chairwoman to replace Elon Musk

    Tesla names Robyn Denholm as new chairwoman to replace Elon Musk

    Business

    The 55-year-old Australian will temporarily step down as chair of Tesla's audit committee until she quits Telstra . In it, Musk said he was considering taking Tesla private at $420 a share - and had funding secured. Tesla's board, which includes Musk's brother Kimbal, has long come under fire from corporate governance experts for lacking independence and being comprised of Musk loyalists.