Elon Musk Revives Thailand Diver "Pedo" Controversy With New Tweets

To which Musk replied: "You don't think it's unusual he hasn't sued me?" Never one to turn his back on a potential Twitter fight, Musk fired back, making a thinking-face-emoji insinuation about why Unsworth never sued him , despite being offer... More..

by | Published more than a month ago
A look inside dramatic Trump-Cohen rift
by | Monday, August 27, 2018

A look inside dramatic Trump-Cohen rift

Since news broke in January about the affair and subsequent hush-money payment Daniels received to keep quiet about the alleged relationship, rumors have circulated regarding the current status of the Trumps' ...More..

Fed chair Jerome Powell’s highly anticipated speech: what to expect
by | Monday, August 27, 2018

Fed chair Jerome Powell’s highly anticipated speech: what to expect

Powell said in his Jackson Hole speech: "The economy is strong". Investors will especially want to hear whether Powell addresses the central question of whether any of those developments might lead the Fed...More..

Top Trump confidant Allen Weisselberg granted immunity, called to testify
by | Sunday, August 26, 2018

Top Trump confidant Allen Weisselberg granted immunity, called to testify

As a nerve-racking week for the president draws to a close, this is not what the man needs. And while not named in the Cohen case, Mr Weisselberg is believed to be one of two Trump executives mentioned in the s...More..

Asia stocks capped, dollar droops following Trump comments
by | Thursday, August 23, 2018

Asia stocks capped, dollar droops following Trump comments

Most analysts think that Trump's criticism will have little effect on the Fed's rate-hike plans, given the USA central bank's legal independence. Asked by Reuters whether he believes in the independence...More..

by | Wednesday, August 22, 2018

Trump Won’t Acknowledge the Independence of the Fed

The benchmark U.S. interest rate, which plays a large role in setting borrowing costs for mortgages, credit cards, small business and auto loans, was set at a range of 0.5 per cent to 0.75 per cent when Trump w...More..

Whiteboards used as Gatwick flight info screens fail
by | Tuesday, August 21, 2018

Whiteboards used as Gatwick flight info screens fail

The airport said an IT issue, which saw the screens going down at 2am today, resulted in a " handful " of passengers missing their flights. Gatwick passengers were left furious after the boards, which display...More..

PepsiCo buys fizzy drink maker SodaStream for $3.2bn
by | Tuesday, August 21, 2018

PepsiCo buys fizzy drink maker SodaStream for $3.2bn

PepsiCo Chairman and Chief Executive Indra Nooyi , who has announced plans to step down, called SodaStream an "extraordinary company that is offering consumers the ability to make great-tasting beverages while...More..

Donald Trump asks SEC to look into practicality of corp
by | Monday, August 20, 2018

Donald Trump asks SEC to look into practicality of corp

There are also tremendous expenses tied to preparing quarterly and annual reports. But critics contend that new reporting requirements may not spur meaningful change given the deluge of company information av...More..

Italy bridge collapse: Three more bodies found under the rubble
by | Monday, August 20, 2018

Italy bridge collapse: Three more bodies found under the rubble

A family of three - two parents and their nine-year-old daughter - were found overnight in their Hyundai vehicle which had been crushed by a concrete block, the ANSA news agency reported. 17, 2018. Shares in ...More..

Erdogan vows Turkey will not be cowed by US
by | Sunday, August 19, 2018

Erdogan vows Turkey will not be cowed by US

The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey even if Ankara frees a U.S. pastor, as Qatar pledged US$15 billion in investment to Turkey,...More..

US and China to Rekindle Trade Talks as More Tariffs Loom
by | Saturday, August 18, 2018

US and China to Rekindle Trade Talks as More Tariffs Loom

In addition to those tariffs, China is dissatisfied with the subsidies the United States provides to locally-made photovoltaics. On May 22, the WTO said Japan, Russia and Turkey warned the United States o...More..

USA says ready with more sanctions if Turkey does not free pastor
by | Saturday, August 18, 2018

USA says ready with more sanctions if Turkey does not free pastor

Security remains tight outside the building in Turkey where Brunson is being held. The U.S. government says Brunson is innocent and wants him to come home. The U.S. says the pastor is "a victim of unfair and...More..

China, US look to diffuse trade conflict; talks slated late August
by | Friday, August 17, 2018

China, US look to diffuse trade conflict; talks slated late August

The Chinese delegation will be led by Vice Commerce Minister Wang Shouwen, who will hold talks with David Malpass, the US Treasury Department's under secretary for global affairs, according to the Chinese state...More..

Dollar hovers near 13-month peak on concerns over lira
by | Friday, August 17, 2018

Dollar hovers near 13-month peak on concerns over lira

As NPR explained in a primer on the dispute , much of the ill will shared by Turkey and the us stems not only from the back-and-forth on tariffs , but also from a diplomatic dust-up centered on two men of...More..

Turkey doubles tariffs on some USA imports; Turkish lira rallies
by | Thursday, August 16, 2018

Turkey doubles tariffs on some USA imports; Turkish lira rallies

The government announced the tariffs "under the principle of reciprocity", following sanctions imposed by Washington over the detention of an American pastor, which sent the lira tumbling to record lows again...More..

Tesla's board seeking more info on Musk's financing plan
by | Wednesday, August 15, 2018

Tesla's board seeking more info on Musk's financing plan

The lawsuit alleges that Tesla and Musk violated the Securities Exchange Act of 1934 in sending the tweet by making allegedly false and misleading statements to defraud Tesla investors . On multiple occasi...More..

CalFire: Firefighter in Mendocino Complex Fire dies, River Fire 100% contained
by | Wednesday, August 15, 2018

CalFire: Firefighter in Mendocino Complex Fire dies, River Fire 100% contained

But despite the unrelenting heat and the fire gaining about 20,000 acres, the fire is now 61 percent contained . The complex is one of about 110 major wildfires burning across the western United States which...More..

Tesla directors: 'No formal proposal' to take company private
by | Wednesday, August 15, 2018

Tesla directors: 'No formal proposal' to take company private

Musk contends the fund approached him about taking Tesla private early past year, noting that two weeks ago he was approached by the fund's managing director who expressed strong interest in financing a go-priv...More..

Turkey says Trump tariff move will harm ties, vows retaliation
by | Tuesday, August 14, 2018

Turkey says Trump tariff move will harm ties, vows retaliation

On Thursday Ergodan said Turkey will withstand the economic pressure. The officials provided the information only on condition of anonymity according to protocol. As he spoke, the lira fell further - adding t...More..