Business

Honey Smacks recall: Kellogg's, FDA say cereal is causing illnesses

Media reports quoted U.S. authorities as saying preliminary evidence had linked the product to more than 60 cases of salmonella . CDC says epidemiologic evid...


China vows fast response to U.S. tariffs

On Friday, USTR plans to release the final list of Chinese imports that will be subject to tariffs. Trump is due to unveil revisions to his initial tariff l...


Microsoft developing Amazon Go-like shopping system, report says

Reuters claims that the company is working on technology that would eliminate both checkout and the cashiers that run them from high-street shops. That store...


China supports Trump's halting of war games on Korean peninsula

The White House, U.S. trade representative and Treasury Department did not immediately respond to requests to comment. Trump's tariffs - as well as tough ...


Ethereum NOT a Security According to SEC

The basis for this conclusion, Hinman said , lies in the fact that bitcoin and ether are developed diffusely, by many unaffiliated people, rather than by a s...


Oil prices fall as U.S., Russian Federation supplies grow

Judging by vehicle sales, demand will continue to grow, with China's May sales of new automobiles standing at 2.29 million, up 9.6 percent from the same month...


U.S., Mexico, & Canada to Host 2026 World Cup

The tournament's first game, between host Russian Federation and Saudi Arabia , begins at 6 a.m. PT at the Luzhniki Stadium in Moscow. The World Cup kick...


Musk's Boring Company wins bid to build high-speed system in Chicago

The plan for the "Chicago Express Loop, " announced early Thursday by Chicago Mayor Rahm Emanuel and Musk's tunneling firm, calls for the construction of an und...


Minimum wage doesn't cover the rent anywhere in the U.S.

Minimum-wage workers in Hawaii would need to work 109 hours a week to afford a one-bedroom apartment and 143 hours per week to afford a two-bedroom rental, the...


Traffic authority's report on Tesla crash could hit autonomous development hard

While this doesn't guarantee the carmaker's version 9 software will make your Tesla a self-driving vehicle, it at the very least, suggests that the new softwa...


Despite drop in inflation food prices stay high -- NBS

Inflation rate increased by 1.09% on month-on-month basis. But, the composite indices of the 12 classification of individual consumption by goal (COICOP) func...


VW fined €1bn by German prosecutors over diesel scandal

The company said it won't be appealing the fine, one of the highest ever imposed by Berlin. The fine is the latest blow to Germany's auto industry which can...


Trump eyes oil prices: ‘OPEC is at it again’

In terms of supply, two big variables are Venezuela and Iran . Oil prices have risen about 60 percent since a year ago after the Organization of Petroleum ...


Uber seeks patent for AI tech that determines whether passengers are drunk

The information could then be used to determine what type, if any service to provide. The technology would be unique in identifying drunkenness in passengers ...


Elon Musk buys $25M in Tesla stock

Musk said that the job cuts are part of Tesla's restructuring process. Tesla CEO Elon Musk responded by saying it's hard to walk the line between annoying u...


Nashville in the running to host 2026 FIFA World Cup games

We've landed a World Cup . The joint North American bid was considered a heavy favorite from the outset and earned high marks from FIFA's bid evaluator...


Ship with 900 migrants on board docks in Sicily

At the same time, the Aquarius vessel of the aid group SOS Mediterranee continued its dayslong westward voyage to Spain, where it was rerouted after Italy and M...


Federal Reserve lifts interest rates, Wall Street slips on faster rate hikes

While the course of interest-rate hikes remains gradual, the slightly more aggressive pace shows officials see more urgency to tighten policy, as unemployment a...


Record bitcoin price propped up by another digital currency

Regulators worldwide are increasing their scrutiny of cryptocurrency markets. The US Commodity Futures Trading Commission allegedly sent Tether - as well as c...


Uber will soon be able to tell when a rider is drunk

The company has reportedly applied for a patent for a piece of technology that would use machine learning to identify drunk customers. Uber is working on ...


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