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Tariffs might force GM into job cuts

Tariffs might force GM into job cuts

Toyota Motor North America said the tariffs "would have a negative impact on all manufacturers, increasing the cost of imported vehicles as well as domestically produced vehicles that rely on importe...

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Trump blasts OPEC over manipulating oil markets

The U.S. wants to cut Iran's oil export, but everyone, with even a limited knowledge of worldwide affairs, knows that such thing is impossible, the official added. "Our focus is on getting as many ...

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LeBron James signs for LA Lakers in $154MILLION DEAL

LeBron James signs for LA Lakers in $154MILLION DEAL

For the second time in his career, James is saying goodbye to the Cleveland Cavaliers , who drafted the teenage sensation from Akron in 2003 and have to be satisfied with winning just one title in ...

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Saudi king agrees to ramp up oil production, Trump says

Saudi king agrees to ramp up oil production, Trump says

The OPEC cartel recently agreed to pump 1 million barrels more crude oil per day. It was not immediately clear what total level of Saudi production Trump was expecting or by when. USA crude ...

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European Union warns USA of almost $300-billion retaliation over auto tariffs

In a 10-page submission to the United States Commerce Department sent last Friday, the European Union said tariffs on cars and vehicle parts were unjustifiable and did not make economic sense. The new...

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Trump blasts OPEC, warns European companies against business with Iran

Trump said in a tweet on Saturday that Saudi Arabia's King Salman bin Abdulaziz Al Saud had agreed to produce more oil. European countries have been attempting to negotiate exemptions for their ...

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Tesla hits Model 3 manufacturing milestone, hours after deadline

Tesla hits Model 3 manufacturing milestone, hours after deadline

Musk reportedly also sent an email to employees stating the goal had been achieved and that he expects to produce 6,000 Model 3s per week next month. "Consistently producing 5,000 per week with outs...

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Cruise Worker Goes Overboard, Found by Another Cruise Ship

Cruise Worker Goes Overboard, Found by Another Cruise Ship

The Carnival Glory came to the rescue over the weekend where a crew member from another cruise ship was overboard in the Caribbean near Cuba. Christine Duffy, president of Carnival Cruise Line, rele...

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[H]ardOCP: Wanted: Hundreds of Entrepreneurs to Start Businesses Delivering Amazon Packages

[H]ardOCP: Wanted: Hundreds of Entrepreneurs to Start Businesses Delivering Amazon Packages

Starting Thursday, you can apply to start your very own small business, delivering Amazon Prime packages in Amazon branded vans and uniforms. Dubbed "Delivery Service Partners", the program allo...

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Kuwait to raise oil output by 85000 bpd -minister

Kuwait to raise oil output by 85000 bpd -minister

The overt pressure brought by Trump on Saudi Arabia is unusual, but the kingdom has been actively urging the president to withdraw from the global agreement that placed restrictions on Iran's nucl...

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Adidas Warns Customers of Website Hack Compromising Personal Data

Adidas Warns Customers of Website Hack Compromising Personal Data

Those potentially affected are believed to be customers who made purchases on Adidas' US website. This includes getting their hands on contact information, usernames and encrypted passwords of its c...

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Marketing Firm Exposes 340 Million Records on US Consumers

Marketing Firm Exposes 340 Million Records on US Consumers

This database contains over 2 Terabytes of data, with close to 340 million individual records. The database does, however, include loads of personal information on individuals including "phone n...

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Trump urges Saudis to raise oil output 'by two million barrels'

A little over an hour later, the state-run Saudi Press Agency reported on the call, but offered few details. They also discussed "efforts of the producing countries to cover any possible shortage ...

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China Defends Record, Seeks to Head Off Looming Trade War

China Defends Record, Seeks to Head Off Looming Trade War

The German DAX and France's CAC 40 index both rose by 0.9 percent while the U.K.'s FTSE 100 advanced 1.1 percent. New Zealand's benchmark S&P/NZX-50 index was rising 0.2 percent and remained on tr...

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WTI Crude Oil On Roller Coaster Ride - Top 3 Reasons

WTI Crude Oil On Roller Coaster Ride - Top 3 Reasons

Yesterday, the price soared over 3.6% after the U.S. asked its allies to cut imports of Iranian oil to 0 by November 4. Nobkhat revealed that his government is creating an emergency budget which w...

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Oil rises on supply losses, USA push to isolate Iran

Oil rises on supply losses, USA push to isolate Iran

Now, with the market balanced, it would make little sense for them to flood the market. The output losses follow a move by OPEC and other oil producers last week to increase supply by around 1 mill...

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Trump Asks Saudi Arabia to Increase Oil Production

Saudi Arabia plans to pump up to 11 million bpd in July, and Russian Federation has said it could increase output by more than 200,000 bpd, Reuters said on Saturday. Iran's Supreme Leader Ayatolla...

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Amazon delivery service not expected to harm FedEx

Amazon delivery service not expected to harm FedEx

Amazon did not offer any details on the incentives or say whether it would pay per delivery, per mile driven or per month. However, Amazon will continue to work existing partners, including UPS an...

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Canada announces billions in retaliatory tariffs, says it will not back down

Canada announces billions in retaliatory tariffs, says it will not back down

Ottawa also announced 2 billion Canadian dollars ($1.5 billion) in aid for Canadian steel and aluminum industries and workers hurt by USA metals tariffs announced in March and imposed on Canada o...

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A final good-bye: Toys R Us closes its doors forever

A final good-bye: Toys R Us closes its doors forever

A viral photo of the toy store icon shows him with packed bags amidst the empty shelves at a Toys "R" Us location in North Carolina. An obvious frontrunner will be Party City, which hired Jamie Ui...

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