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CBS CEO Les Moonves Accused of Sex Crimes, Violence By More Women


And I have never used my position to hinder the advancement or careers of women. However, sources with knowledge of a negotiated settlement between CBS and the network's board of directors tell Fox Business the amount would depend on the outcome of an ongoing investigation into the allegations against Moonves. Read More »

Windsor unemployment rises in August

Windsor's rate is now tenth highest among 34 larger Canadian cities. The country's jobless rate hit 6.0 percent, up from 5.8 percent in July. On the positive side, however, the number of full-time jobs in August rose by 40,400. ( Employment - By the thousands) There were 18,631,000 people employed in Canada in August, a drop of 0.3 percent. The agency says the economy lost 38,000 public-sector jobs last month, while the private sector shed 30,700 positions. Read More »

Poor Les Moonves may only get $100 million to leave CBS


A new report from CNBC says that Moonves, who has been accused of sexual harassment by six women , and the CBS board are now negotiating a settlement, but their discussions have stalled over the issue of the his exit package. Those were mistakes, and I regret them immensely. CBS didn't return a request for comment. But I always understood and respected - and abided by the principle - that "no" means 'no, ' and I have never misused my position to harm or hinder anyone's career. Read More »

Petrol, diesel prices shoot to new record highs

The Centre now levies a total of Rs 19.48 per litre of excise duty on petrol and Rs 15.33 per litre on diesel. The price of diesel here is Rs 72.61 per litre, up by 10 paise. The Centre now levies a total of Rs. 19.48 per litre of excise duty on petrol and Rs. 15.33 per litre on diesel. The Congress on Saturday hit out at the BJP for its "stoic silence" on key issues like the falling rupee, rising fuel prices and the alleged Rafale scam, dubbing it as the "Bahut Jhoothi Party [party of ... Read More »

Energy cap: Gas and electricity bills to be CAPPED in UK


Overall, the price cap is expected to save consumers around £1 billion in total. The UK's energy regulator, Ofgem, on September 6 proposed a price cap on default energy bills that it said would save households about a billion pounds ($1.3 billion) a year. Read More »

Ford recalls two million F-150 trucks to address seatbelt fire concerns


When vehicles return to the dealership, technicians will remove some insulation and wiring harness tape from the B-pillar, adding heat-resistant tape to both the carpet and insulation in the same area. " The truck went up in complete flames in a matter of minutes and is a complete loss", the owner wrote in the complaint. The trucks also compromise Ford's most profitable product line, according to company data. Read More »

Here's the First Public Sketch of New Mustang-Based Electric Crossover


Ford has released the first image of its upcoming "Mustang-inspired" electric SUV . The sketch released Thursday of the rear of the vehicle hasn't evolved much from the design the company showed in March. It follows a trailer that was released earlier this year which showed the inspiration for the new vehicle. "We've been tasked to move fast and come together quickly to solve common problems - what we like to call "cross-functional sprints, ' and we've embraced a 'no stripes mentality" to ... Read More »

After 25,000 Stores in 78 Countries, Starbucks Turns to Italy


The world's biggest coffee chain is making its first foray into the home of espresso coffee by opening an upmarket roastery in a central Milan square. "We are not coming here to teach Italians how to make coffee, we're coming here with humility and respect, to show what we've learned". He admits to being a little fearful "of this colossus" and expects there to be an initial boom in trade at his new neighbour. Read More »

Trump threatens tariffs on almost all of China's US imports


Earlier speculation was that those tariffs, proposed in July, would take effect in early October, though trade associations have been gearing up for the announcement to come as early as the end of this week. Cell phones are the biggest US import from China, and so far they've been spared. The last effort at a negotiated solution came in late August with meetings between low-level officials, but nothing came of it. Read More »

Tesla executives quit; CEO Elon Musk appears to smoke pot


Tesla CEO Elon Musk has reversed course on a plan to turn Tesla back into a private company via a significant stock buyback that was estimated to cost tens of billions, closing a very short chapter in. Musk also gave broad details about how the plane would be powered. The chairman and CEO of both Tesla and Space Exploration Technologies Corp., among other companies, recently gave an emotional interview to The New York Times in which he said friends were anxious about exhaustion. Read More »

Burberry to stop burning unsold goods, removes real fur from collections


British fashion house Burberry said Thursday it would stop using real fur in its collections, joining brands including Gucci , which dropped fur from its collections past year. They initially defended the process, too, writing in a statement in July: "Burberry has careful processes in place to minimize the amount of excess stock we produce". Read More »

Trade surplus narrows to $1.6b as exports dip and imports rise

The total value of Canada's exports to all countries rose 0.8 per cent to a record $51.3 billion, mainly because of higher crude oil prices, while the value of imports from all countries declined 0.4 per cent to $51.4 billion due to fewer aircraft imports, Statistics Canada said. Read More »

Two Pearland friends going viral after pranking McDonald’s with diversity poster


Maravilla further explained his motive for the prank in his vlog posted on YouTube last August 2: "If you notice, there isn't a lot of Asians represented in the media". To seal the deal, Maravilla posed as a Regional Interior Coordinator - where a fake badge and a Mickey D's uniform shirt purchased at Goodwill - and secretly hung the poster on the restaurant's wall. Read More »

Obama Slams Donald Trump Publicly For First Time


After spending much of his post-presidency on the political sidelines, Obama has several events scheduled in coming days where he'll campaign for Democrats. "They're not doing us a service by actively promoting 90 percent of the insane stuff that's coming out of this White House, and then saying, 'Don't worry, we're preventing the other 10 percent, '" Obama said. Read More »

Petrol, diesel prices reach new high on Friday


In Bengaluru, petrol price is Rs 82.6 and diesel is Rs 74.39. Petrol at Rs 79.99 per litre has nearly touched 80-mark in Delhi. It costs Rs 87.39 in Mumbai. Continuing its surge, fuel prices soared again on Friday in Mumbai and Delhi, causing distress among vehicle owners and commuters. The central government had raised excise duty on petrol by Rs 11.77 a litre and that on diesel by 13.47 a litre in nine installments between November 2014 and January 2016 to shore up finances as global oil ... Read More »

Bernie Sanders targets Amazon, Walmart with 100% tax


Rep. Ro Khanna, a California Democrat, introduced similar legislation in the House past year. The bill is actually a tortured acronym that stands for " Stop Bad Employers by Zeroing Out Subsidies Act " and is aimed at large corporations like Amazon and Walmart who pay their workers minimum wage , which results in many employees requiring government assistance such as food stamps and public housing. Read More »

Crypto Community is Buzzing about Goldman Sachs News Dumping Bitcoin Price


Bitcoin now sits just shy of $6,500 as buyers have begun to return to the market. That news saw bitcoin hold 4% lower at around $7,000 per coin, before falling again late on Wednesday evening. The biggest problem for financial institutions that want to buy and sell bitcoin is that the centralized exchanges the asset trades on have a history of being vulnerable to hacks . Read More »

Freeland, Lighthizer return to NAFTA table today as new deadline looms


Lighthizer also said American broadcasters operating in border states have complained about Canadian counterparts picking up the US signals and redistributing in Canada without consent. There are however a number of contentious issues in the U.S. He said it was "pretty hard to see" how efforts to revamp the pact would work "without having Canada in the deal". Read More »

Trump tariff, trade war: China, EU deficit record, soybean export drop


The Commerce Department said on Wednesday that the deficit in goods and services the difference between what America sells and what it buys from other countries rose to US$50.1 billion in July from US$45.7 billion in June. The United States' trade deficit widened for the second straight month in July, reaching the highest level since February, as imports hit an all-time high. Read More »

Bitcoin falls off another cliff as cryptocurrency slump deepens

It follows media reports , originally in Business Insider , that Goldman Sachs is shelving plans to set up a cryptocurrency trading desk. As first reported by Business Insider , the bank is dropping its plan due to an ambiguous regulatory environment with too many steps required to be taken, many of which are outside of the banks control, before a regulated bank could trade cryptocurrencies. Read More »

Toyota recalls Prius to prevent wire fires


Sometimes, all it takes is a tiny bit of friction to cause two commas' worth of vehicles to be recalled. If dust accumulates on the wire harness or the cover, the insulation on the wires could wear down over time due to vehicle vibrations. Read More »

Volvo 360c concept unveiled


Last but not least, Volvo says that fully autonomous electric travel not only delivers advantages such as less pollution and traffic congestion - and the health and lifestyle benefits that come with them - for urban dwellers, but could also change the fundamental structure of daily life. Read More »

Elon Musk calls British cave diver 'child rapist' in new claim


But in expletive-laden emails to Buzzfeed News last week, Musk resumed his attack, claiming that Unsworth was a " child rapist " who had moved to Chiang Rai "for a child bride who was about 12 years old at the time ". "We feel very strongly that the record should be put straight". BuzzFeed reportedly investigated the allegations against Unsworth but could not confirm any of them or where the allegations had come from. Read More »

Is Goldman Sachs abandoning its bitcoin plans?


Goldman Sachs spokesperson Michael DuVally told Reuters , "At this point, we have not reached a conclusion on the scope of our digital asset offering". Institutional and wealthy investors are likely looking for regulation support and legal protections before pouring money in. Cryptocurrency markets seemed to respond negatively to the news. Read More »

Finance Minister Arun Jaitley blames 'global' factors for fall in rupee


A fall in crude prices is seen as positive for India, which imports most of its oil requirements, traders said. The reasons are global. "In the last few months, the dollar has strengthened against every currency". "I don't think there is any need for the world's fastest growing economy to come out with panic and knee-jerk reactions", he said while replying to questions regarding the fall in rupee. Read More »

Sterling SOARS as Germany buckles on Brexit demands paving way for deal


Sterling rose almost 1% against the U.S. currency and 0.5% against the euro after the reports on financial news service Bloomberg . Elsewhere, the latest trade deficit figures could put the trade war tensions back in the spotlight with the USA trade deficit with the European Union and China yet again increasing. Read More » shares dip after CEO's arrest and release


He has been released without any charges, and without requirement for bail. The Minneapolis police report did not provide details of the alleged incident leading to Friday's arrest. official Zhang Shuhan said Monday that Liu was back in China. In a statement Sunday, said Liu was falsely accused while in the USA on a business trip, and that police investigators found no misconduct. Read More »

Mercedes-Benz unveils electric SUV to challenge Tesla


The vehicle joins the Porsche Taycan, Audi E-tron and Jaguar I-Pace in putting pressure on Tesla as the California-based carmaker struggles to ramp up the Model 3 and make a profit. With bans on combustion engines looming in the United Kingdom and France, and the establishment of a low-emission zones in cities across Europe, major automakers have been scrambling to enter the electric vehicle market. Read More »

What’s open and what’s closed on Labour Day 2018 in Halifax


The County Courthouse will be CLOSED on Monday, September 3, 2018 in observance of the Labor day holiday. Washington Department of Licensing Offices will reopen tomorrow. Saturation patrols and checkpoints will be in place throughout the holiday weekend to apprehend impaired drivers. Here is a list of what's open and closed for some of the Island's main businesses and public services. Read More »

Oil Prices Jump As Gulf Of Mexico Rigs Evacuated


As well, Showa Shell Sekiyu plans to "observe a government decision" on Iranian oil imports, said a spokesman for the crude wholesaler, but no specifics have been provided. "Crude oil export losses from Iran due to US sanctions, production decline in Venezuela and episodic outages in Libya are unlikely to be offset entirely by corresponding rises in OPEC+ production", Tchilinguirian said. Read More »

South Africa slips into recession, against forecasts

The largest negative contributors to growth in GDP were agriculture, transport and trade. The rand stretched losses against the dollar to more than two per cent and government bonds fell after the data was released. However, Muscat says this growth is off a weak base. "Worse, it's going to take hard work to dig ourselves out of this situation while probably also facing heightened populist pressure heading into the election". Read More »

Manufacturers buoyed by new orders in August - PMI


New orders have now increased in each of the past 25 months. "Canadian manufacturers continued to boost their production volumes in August", said Christian Buhagiar, president and CEO, Supply Chain Management Association (SCMA). As per the survey, Indian manufacturing companies retained optimistic projections for output in the next 12 months. A silver lining was the surge in export orders, which rose for the tenth consecutive month in August. Read More »