What determines the price of gas? Here's some crude math
by Megan Cerullo on September 18, 2019 at 9:34 pm
When global oil prices surged 15% immediately after last weekend's missile attack on Saudi Arabian oil fields, U.S. gas costs jumped 10 cents a gallon — the biggest spike since Hurricane Harvey shut down refineries in Louisiana and Texas in 2017.
CBS, WarnerMedia drop all e-cigarette advertising, including from market leader Juul
on September 18, 2019 at 9:23 pm
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways as the death toll from a mysterious vaping-related disease continues to climb and health regulators across the world pull flavored vaping products off their ...
Carcinogen scare sets off global race to contain tainted Zantac
by Anna Edney on September 18, 2019 at 9:02 pm
Drugmakers and global public-health regulators are taking steps to remove supplies of Zantac, a popular heartburn medication, from the market because it may have become tainted with a cancer-causing agent. Novartis AG's Sandoz unit said Wednesday ...
'Alexa, send $20 to my favorite presidential candidate'
by Lisa Lambert on September 18, 2019 at 8:47 pm
WASHINGTON (Reuters) - Amazon (AMZN.O) said on Wednesday it will make donating to a U.S. presidential candidate as easy as turning on the lights or replenishing a household's toilet-paper stocks, via its Alexa digital assistant. FILE PHOTO: Prompts on ...
Mark Zuckerberg is headed to Capitol Hill for first time since testifying about Cambridge Analytica
on September 18, 2019 at 8:42 pm
Facebook CEO Mark Zuckerberg is returning to Capitol Hill on Thursday for the first time since testifying about the company's privacy practices in the aftermath of the 2018 Cambridge Analytica scandal. A Facebook spokesperson confirmed to CNBC that ...
Federal Reserve makes small interest rate cut. Trump slams central bank for having 'no guts.'
by Heather Long on September 18, 2019 at 8:25 pm
The Federal Reserve made a modest reduction in interest rates Wednesday in an effort to keep the U.S. economy strong, a measured approach that stopped far short of the dramatic action President Trump has demanded for months. In an extremely unusual ...
Honda investing $4M into Indiana plant, where it will build new hybrid-electric crossover
by Andrew Clark on September 18, 2019 at 8:19 pm
Honda announced Wednesday that it plans to add 34 new jobs and invest $4.2 million into its Greensburg, Indiana, plant, where the company will build a new hybrid-electric version of its CR-V crossover. The CR-V Hybrid will be the third electrified Honda ...
Eliminate teacher taxes? Blackstone CEO wants to make profession 'tax-exempt'
by Brittany De Lea on September 18, 2019 at 8:11 pm
While some 2020 Opens a New Window. Democrats are focused on directly raising teacher's wages, another prominent U.S. businessman Opens a New Window. – who has President Trump's ear – has another plan to boost salaries in the education sector.
View from the top: Inside the Billionaire's Row skyscraper that just became the tallest residential building in the world at ...
by Katie Warren on September 18, 2019 at 8:05 pm
Central Park Tower, a luxury residential skyscraper on Billionaires' Row in New York City, has officially reached its full height of 1,550 feet. That makes it the tallest residential tower in the world, according to The Skyscraper Center. When it's completed in 2020 ...
GM dumped health care for striking workers. That poured gas on fire, expert says
by Phoebe Wall Howard on September 18, 2019 at 8:04 pm
DETROIT - Within 36 hours of the UAW strike against General Motors, the Detroit automaker announced a decision to shift worker health care payments to the union immediately — a strategy that risks dragging out the strike, labor negotiators say. "They're ...
Apple fights 'phantom' units claim as the world's biggest tax case heats up
by Aoife White on September 18, 2019 at 7:54 pm
Apple and Ireland's court room clash with the European Commission finally lived up to its billing as the world's biggest tax case. A two-day hearing into their appeal of the EU's record €13 billion ($21 billion) tax bill heated up on Wednesday as Apple rebutted ...
How UPS uniforms have changed over the past 100 years
by Tomi Kilgore on September 18, 2019 at 7:42 pm
The iconic 'Browns' uniform gets a makeover for UPS's 'industrial athletes,' with a new pullover polo-style shirt. United Parcel Service Inc. Author photo. By. TomiKilgore. Reporter and editor. United Parcel Service Inc. said Wednesday that its iconic “Browns” ...
Irish-born Qantas CEO Alan Joyce defends €14m salary: 'Shareholders want me to be incentivised'
on September 18, 2019 at 7:35 pm
IRISH-BORN Qantas airline CEO has defended his AU$24 million (€14.8m), saying that the company's shareholders want him to be incentivised. Alan Joyce, who is originally from Tallaght in Dublin, defended his position as Australia's highest-earning CEO ...
DOT announces the remaining eight grants in its ADS Demonstration program
by Kyle Hyatt on September 18, 2019 at 7:33 pm
US Secretary of Transportation Elaine Chao announced the final eight recipients of the DOT's automated driving system grant program. Tasos Katopodis/Getty Images. The US Department of Transportation made a big show of announcing that it would be ...
PRECIOUS-Gold slides 1% after Fed cuts rates, but policy outlook uncertain
by Asha Sistla on September 18, 2019 at 7:30 pm
... * U.S. Fed cuts rates for a second time this year. * Focus now on Bank of Japan on Thursday. * Oil prices ease after surge on Saudi attack (Adds comments, updates prices). By Asha Sistla and Swati Verma. Sept 18 (Reuters) - Gold prices fell over 1% to a ...
Tim Hortons pulling Beyond Meat products from menus, except in Ontario and BC
on September 18, 2019 at 7:30 pm
TORONTO — Tim Hortons will stop offering its Beyond Meat alternative protein products at thousands of Canadian locations, just three months after introducing them. Parent company Restaurant Brands International Inc. says it is pulling vegetable-based ...
US consumer financial complaints database to remain public, watchdog says
by Katanga Johnson on September 18, 2019 at 7:26 pm
WASHINGTON (Reuters) - The top U.S. consumer watchdog will keep consumer complaints against financial firms public despite pressure from the companies, but the agency said on Wednesday it will make changes to the way those complaints are filed.
Comcast gives away Xfinity Flex TV device, pounding shares of Roku
by Helen Coster on September 18, 2019 at 7:23 pm
(Reuters) - Comcast Corp (CMCSA.O) said on Wednesday it will offer internet customers a free streaming media set top box that works with other services, stepping up competition with Roku Inc in the market for a device that organizes multiple subscriptions.
Comcast looks to bolster its Xfinity Flex devices by giving them away for free
on September 18, 2019 at 7:14 pm
NEW YORK – As big entertainment companies prepare to launch new streaming services, Comcast is trying to bolster its Flex streaming TV device by giving it away. As with Apple TV, Amazon Fire TV and Roku, Flex lets viewers watch streaming services over ...
Texas Roadhouse in Wichita Falls, Lawton commit 100 percent profits Thursday evening to help Odessa
on September 18, 2019 at 7:00 pm
On Thursday, the Texas Roadhouse restaurants in Wichita Falls and Lawton, as well as 62 other locations across Texas, Arizona, Oklahoma and New Mexico, will hold simultaneous Permian Basin Strong fundraisers to benefit Midland/Odessa shooting ...