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A Shorter Work Week Led To More Productivity At Perpetual Guardian


Employees were given a month to create productivity measures, essentially determining how to complete their work within 32-hours a week. So what if you simply made a decision to get your work done in less time and then give yourself the gift of an extra day a week off to do with as you pleased? Reportedly, despite working hours going down by 20%, productivity went up by nearly a third. Read More »

Former Fiat Chrysler CEO Marchionne dies

On Wednesday, new Fiat Chrysler chairman, John Elkann, released a statement to confirm Marchionne's passing. Marchionne underwent shoulder surgery in late June. Marchionne met most of his goals, even though at times he was doubted by almost everyone in the automobile business. He has yet to be confirmed by FCA's shareholders, but in order to keep the company running, FCA's board of directors granted Manley all the powers of CEO effective immediately. Read More »

Trump accuses China of targeting United States farmers, being 'vicious'


Bush's administration. The Agriculture Department predicted before the trade fights that US farm income would drop this year to $60 billion, or half the $120 billion of five years ago. Reuters reported Wednesday that European Union trade commissioner Cecilia Malmstrom said her office is drawing up a $20 billion list of us goods to hit with retaliatory tariffs should the administration implement that threat. Read More »

Philips, Asus, Pioneer and D&M hit with e-commerce fines


The EU investigation into the consumer electronics industry targets Philips , Taiwan's Asus , Denon & Marantz, and Pioneer which were suspected of having restricted the ability of online retailers to set their own prices for appliances , notebooks and hi-fi products. Read More »

Facebook shares fall 9 percent on revenue miss


The company also was bombarded by public criticism over its content policies, especially in countries such as Myanmar and Sri Lanka where misinformation has led to violence. The company remains in a dominant position in mobile advertising alongside Alphabet Inc.'s Google. Instagram last month reported it had hit 1 billion monthly users for the first time, up from 800 million in September. Read More »

Trump plans a 25-percent tariff on all auto imports


Judi said: " Trump described Juncker as a "Smart and tough" man, performing a small mouth wince after he said it and Juncker's reaction could be seen in a subtle chest heave and suppressed smile, but if Juncker's swatting gestures define the mood of the meeting Trump might be finding it hard to get some form of negotiation going". Read More »

Mega Millions $522M ticket sold at liquors store in San Jose


The Mega Ball number was 20 and the Megaplier, 3. The ticket, which was sold at Ernie's Liquors on South White Road, in the California city had a 1-in-302.6 million chance of winning. In addition to the jackpot, there were six $1 million winners , including two in New Jersey. It's the ninth $1 million Mega Millions prize won in Minnesota since sales began in February 2010. Read More »

Papa John's attempts to ward off founder with poison pill


Papa John's is attempting to ward off its disgraced founder by adopting a poison-pill plan. It created a limited-duration stockholder rights plan the board said was designed to "protect the interests of the company and its stockholders by reducing the likelihood that any person or group gains control of Papa John's through open market accumulation or other tactics without paying an appropriate control premium". Read More »

Ex-Fiat Chrysler boss Sergio Marchionne dies, aged 66

Sergio Marchionne, man and friend, is gone", said group chairman John Elkann, a member of the Agnelli family that controls the company. Tributes are pouring in from automotive leaders about Sergio Marchionne's skill, creativity and determination in saving Chrysler and Fiat from near-certain financial ruin. Read More »

Fiat Chrysler's Sergio Marchionne dies aged 66

Marchionne was placed in intensive care at a hospital in Switzerland late last week after suffering complications from shoulder surgery. "My family and I will be forever grateful for what he has done". The timing of his death is especially tragic given his plans to hand over the reins of Fiat and Ferrari to a hand-picked successor next year, having been working behind the scenes for some time on a masterplan for the Prancing Horse's future. Read More »

Iran warns of "countermeasures" in volley of threats with Trump

Oil prices edged lower on Monday as the focus turned to oversupply worries, moving away from escalating tensions between the USA and Iran , which had driven prices higher early in the session. Iran's Students news Agency ISNA reported his comments. Iranian Foreign Minister Javad Zarif tweeted on Monday-without mentioning the United States or Trump by name-that Iran was "UNIMPRESSED" by the "bluster". Read More »

Thousands face travel disruption as Ryanair pilots agree to further strikes


The industrial action is being taken next Wednesday (July 25th) and Thursday (July 26th), with Italian cabin crew also set to strike on the first day of the action. Workers will hold the stoppage on July 25 and 26, while staff in Italy will hold industrial action for 24 hours on July 25. The low-priced Irish airline which predicted that 100,000 passengers would be affected, said in a statement they had "been offered re-accommodation on alternative flights" or a complete refund. Read More »

Trump Announces $12B Bailout For Farmers


However, some farm-state Republicans quickly dismissed the plan, declaring that farmers want markets for their crops, not payoffs for lost sales and lower prices. The moves have been unsettling to lawmakers with districts dependent upon manufacturers and farmers affected by the retaliatory tariffs. "The White House is finally realizing that this isn't going to get better before ballots are cast". Read More »

Corporate Giants Jump Into Trump's Tariff Fight

USDA officials told reporters they were still working to set up the programmes, which they expect to be ready by early September. Several of these countries have responded to Trump's trade measures by imposing tariffs of their own, and farmers have complained that they are the victims of retaliation from other countries, which they rely on to sell their products. Read More »

Trump plans $121 billion emergency aid to farmers hit by retaliatory tariffs


Jerry Moran, R-Kan. Ben Sasse (R-NE) in a statement . China alone imported $12.3 billion of USA soybeans previous year, according to the USDA. The Trump administration is coming to the aid of farmers hurt by its own hard-line trade policies, announcing Tuesday it will make an estimated $12 billion in government assistance available, including direct payments to growers. Read More »

N Korea 'begins dismantling' rocket launch site


Commercial satellite images show key facilities, including the rocket engine test stand, being razed at the Sohae Satellite Launching Station , according to 38 North. A binding treaty to end the Korean War, which was resolved with an armistice agreement , would likely require extensive negotiations with multiple countries, as well as the approval of two-thirds of the U.S. Read More »

Trump administration plans $12 billion bailout for U.S. farmers hurt by tariffs

The Agriculture Department was expected to announce the plan later Tuesday. Canada, China and Mexico are the three biggest buyers of US farm goods, accounting for 43 per cent of purchases in 2017. Bob Corker, R-Tenn., told reporters in Washington Tuesday. "They are taxes, paid by Americans, that harm consumers, workers, and companies". Some of Trump's fellow Republicans are also already balking at the idea of government-funded bailout for a trade war they oppose. Read More »

Trump to announce support for farmers caught in trade disputes

Agriculture Secretary Sonny Perdue was scheduled to speak with reporters about the announcement at 1:30 p.m. Mr Trump has said his tariffs - which he described in a Tweet as " the greatest " - are meant to pressure countries to change their policies toward USA exports. Read More »

Mega Millions jackpot hits $512 million; drawing tonight


The jackpot sits at $522 million ahead of Tuesday night's drawing. Where is Mega Millions played? How do you play Mega Millions? You can buy your own jet, an island in the Bahamas, or even a baseball team. About 49% of adults buy tickets, according to a June 2017 survey from Gallup. More details about purchasing tickets can be found on the Mega Millions website . Read More »

Trump to offer U.S. farmers billions to ease trade pain


The Trump administration readied a plan Tuesday to send billions in emergency aid to farmers who have been caught in the crossfire of President Donald Trump's trade disputes with China and other US trading partners. Some manufacturers will view the subsidies to farmers as "frustrating", according to a representative of a manufacturing coalition working on trade issues, speaking on condition of anonymity pending the official announcement. Read More »

Trump threatens Iran with a catastrophic war


Trump responded with a tweet that warned: " NEVER EVER THREATEN THE UNITED STATES AGAIN OR YOU WILL SUFFER CONSEQUENCES THE LIKE OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE". allies, including France and Germany, failed to talk Trump out of the decision. Many highlighted the hyperbole of Mr Trump's all-capitals tweet by applying it to mundane, everyday scenarios. Read More »

Alphabet reports robust earnings despite European Union fine


The rise in spending on capital projects didn't stop the tech giant from posting huge numbers for the quarter, beating analyst expectations and sending its stock soaring in after-hours trading. Last year, I wrote that the company doesn't expect to be paying such fines on a regular basis, but that's proven to be wrong this year. The company is selling more ads as its YouTube video service and Google search grow globally, he said. Read More »

Pepperidge Farm recalls 4 types of Goldfish crackers over salmonella risk


In a press release, Pepperidge Farms revealed the four varieties of Goldfish Crackers affected , along with the sell by dates of the units to be recalled . Though commonly linked to animal products like raw meat and eggs, salmonella - a microorganism found in animal intestines - can be found in dry, processed foods like crackers and cereal as well. Read More »

New York Daily News slashes newsroom staffing in half


The " new " Daily News will apparently focus on "crime, civil justice and public responsibility". The paper's now-former editor in chief Jim Rich and managing editor Kristen Lee were among the cuts, with Robert York taking over as the tabloid's top editor. Read More »

Shares surge at Google's Alphabet as it crushes forecasts


The Google parent's earnings report Monday afternoon comes as the shares have been the biggest laggard in the megacap bloc this year, rising only 13 per cent. Google plans to contest the ruling. European competition commissioner Margrethe Vestager told Bloomberg a year before the fine was imposed, Google started quietly trying to resolve the probe. Read More »

Tesla asked suppliers for money back to boost profitability


Tesla stock fell 3.5 percent to $302.61 Monday afternoon. Cowen analyst Jeffrey Osborne told Reuters that Tesla's supplier explanation appeared "rational", but that there remained lingering concerns. Tesla said Monday, "Negotiation is a standard part of the procurement process, and now that we're in a stronger position with Model 3 production ramping, it is a good time to improve our competitive advantage in this area". Read More »

28th GST Council meeting in Delhi


The highest tax bracket of 28 percent has been rationalised further with rates on daily-use items like perfumes, cosmetics, toiletries, hair dryers, shavers, mixer grinder, vacuum cleaners, lithium-ion batteries, being lowered to 18 percent. Read More »

Trump warns Iran of dire 'consequences' as war of words escalates


Iranian President Hassan Rouhani issued his threat to the U.S.at a gathering of diplomats, according to the state-run Islamic Republic News Agency. Tensions between the United States and Iran have been mounting since Trump took office. In his address to reporters on Sunday, Rouhani also held out the option of peace with the USA, state media reported. Read More »

More than 160 people sickened after eating McDonald's salads


Health officials noted that the Florida victim purchased a salad while traveling in Kentucky. Three people have been hospitalized, and no deaths are being reported. This parasite causes an intestinal infection called cyclosporiasis . The symptoms, which can begin a week or more after consuming the parasite, include diarrhea and frequent, sometimes explosive bowel movements, according to the US Centers for Disease Control and Prevention. Read More »

Trump slams currency manipulation by Brussels & Beijing


The silence in Beijing is unusual, but comes after Chinese media were told not to "over-report" the trade war, to avoid spreading panic. Trump has told reporters before that the US could target all of China's imports. "But I don't like all of this work that goes into doing what we're doing". Around $505 billion of Chinese goods came into the United States in 2017, leading to a trade deficit of almost $376 billion, USA government data shows. Read More »

Winning numbers drawn in $433M Mega Millions game


Proceeds from Mega Millions and Georgia Lottery games will benefit education in the state of Georgia. A total of 47 tickets matched four white balls plus the Mega Ball for $10,000 while five others won $20,000 with the 2x multiplier. This year, 20-year-old Shane Missler of Port Richey won a $451 million prize on January 5, while Richard Wahl of Vernon, N.J., won $533 million on March 30. Read More »