Monday, 23 July 2018
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Online retailer shares pressured by change in United States online tax regime


The Supreme Court ruled Thursday in South Dakota's favor after the state sued several online retailers in 2016 based on a separate law seeking to get them to collect the tax. So it passed a law requiring all but the smallest retailers, including Internet companies, to collect taxes on the sales they make in the state, even if they had no physical presence there. Read More »

Kim Jong, Trump Commit To Restart Repatriating Remains From North Korea


Schumer said Trump's meeting with Kim gave "a brutal and repressive dictatorship the worldwide legitimacy it has long craved". A joint declaration after the first meeting between a USA president and a North Korean leader called the summit "an epochal event of great significance in overcoming decades of tensions and hostilities between the two countries and for the opening up of a new future". Read More »

Mattis not surprised by Trump's call to end military exercises: Pentagon


Trump is now in Singapore for talks with his North Korean counterpart, which began with a handshake between the two men and then continued with a sit-down meeting . "It sounds there like he's parroting North Korean talking points", said host Nicolle Wallace, referencing the fact that Trump described the war games as " provocative " - exactly how North Korea had recently described them recently. Read More »

US net neutrality rules expire, court battle looms


FCC Chairman Ajit Pai said last week the rollback will ensure more investment by providers and will ensure "better, faster, and cheaper Internet access and more broadband competition to the American people". Under the new rules, the Federal Trade Commission will be the agency to handle complaints about broadband privacy and unfair or deceptive business practices by ISPs. Read More »

POMPEO: North Korean Negotiations Moving Along ‘RAPIDLY’ in Singapore

He brought three airplanes and a convoy of armored vehicles with him from Pyongyang, Time magazine reported . "While a summit between Trump and Kim would be historic, it is unlikely to be decisive". Trump is scheduled to meet Kim on Tuesday, and possibly on Wednesday, in Singapore . "People call it a historic summit is important to understand that this summit was available to any US president who wanted to do it and the point is no USA president wanted to do this, and for good ... Read More »

'Roseanne' Pulled From Hulu: Reruns Yanked After Star's Controversial Tweets


Jarrett said Disney Chief Executive Bob Iger called her before ABC announced the show's cancellation . He scoffed & said: "what u have done is egregious, and unforgivable.' I begged 4 my crews jobs". I should have known better. Jarrett later responded on MSNBC, saying, I think we have to turn it into a teaching moment. "The president pointed to the hypocrisy in the media saying the most awful things about this president and nobody addresses it", said Mrs Sanders. Read More »

Blumenthal, Murphy Vote To Preserve Net Neutrality Rules


And if it declared it could have the loss of consumers, competition, and innovation. Republican Sen. John Hoeven says we need to develop fair and open access to the internet without re-using Obama's net neutrality regulation. Brett Dunst, DreamHost vice president of corporate communications, told "Today's vote to reinstate net neutrality is the first step to preserving a free and open internet - for small businesses and internet users everywhere". Read More »

Oil climbs on Middle East unrest, with Brent notching another multiyear high


However, capital expenditures (capex) rose by only 2% year/year (y/y), and were down by about 42% from 2014 levels. Spot crude oil cargo prices are at their steepest discounts to futures prices in years as sellers are struggling to find buyers for West African, Russian and Kazakh cargoes, while pipeline bottlenecks trap supply in west Texas and Canada. Read More »

US Open to Negotiating with Europe on Iran


Iran says its nuclear program is for peaceful purposes only. The files - declared "authentic" by the U.S. government - document Iran's extensive work on nuclear weapons, including planned site tests, miniaturization of warheads and ballistic missile delivery vehicles. Read More »

Uber unveils flying taxi prototype at Elevate summit


As part of its second annual Elevate Summit , Uber announced that it has entered a partnership with E-One Moli Energy (Moli). The company's Uber Air service is set to launch first in Dallas and Los Angeles . It'll also fly at between 1,000 and 2,000 feet and can last up to 60 miles before the electric vehicle's battery needs to be recharged. Uber's input is crucial to the UAM project, as all the necessary data regarding traffic scenarios, collision mitigation, and airspace ... Read More »

OPEC chief: Ditching Iran deal would harm global economy


But that's exactly what Iran Oil Minister Bijan Namdar Zanganeh said on state television Thursday. Trump's decision could eventually mean less oil on the world market from Iran because now the US will reimpose economic sanctions on Iran that were lifted as part of the 2015 deal. Read More »

Boeing, Airbus Can No Longer Sell Planes To Iran

Trump's resolution on Iran deal does not indicate the end for Boeing . Speaking to the France Culture radio station, Le Maire called Trump's decision an "error", and accused the American president of trying to turn the USA into the "economic police officer of the planet". Read More »

Interest rates - what today's no-change decision means for your investments


Tom Stevenson, investment director for personal investing at Fidelity International, explains: "Until a few weeks ago, a further quarter point rate hike to 0.75% looked nearly guaranteed". First-quarter economic growth was a disappointing 0.1%, and the Office for National Statistics (ONS) said the bad weather wasn't to blame. "But while it held fire this month, we can not yet rule out further rate rises in the near to medium-term". Read More »

LG Enables Google Assistant On 2018 OLED, Super UHD AI TVs


Renaming Google Research into Google AI is a specific change that brings a division whose name might have previously had more general and academic connotations ("research") into one that is now named much more specifically, and with an end product in mind ("AI"). Read More »

Co-founder Sachin Bansal quits Flipkart following Wallmart takeover


Sales growth outside the U.S. once topped more than 10 per cent annually, adjusted for currency moves, but it's less than half that now as sluggish economies, store closures and fierce competition have taken their toll. The deal also calls for Walmart to invest $2bn in equity funding into Flipkart . A few hours after the Walmart-Flipkart deal was announced , Punit Soni, one of Flipkart's most high profile hires from Silicon Valley who was taken in as Chief Product Officer and quit in just ... Read More »

Oil market points to 'tighter for longer' as Trump ditches Iran deal


Analysts said widening of positions by participants amid pick up in demand at the spot market against tight stocks position on restricted supplies from producing regions mainly kept crude palm oil prices higher at futures trade. That made Iran the third-biggest exporter of crude within the Organization of the Petroleum Exporting Countries, behind Saudi Arabia and Iraq. Some traders, however, are becoming cautious about ever higher oil prices. Read More »

Oil prices swing wildly after Trump announces exit from Iran deal


Supreme Leader Ayatollah Ali Khamenei, who has been in power since 1989 and outranks the elected president, had said Iran would "shred" the deal if the U.S. "However, the U.S. will lose in the end". "They have no shame". He also described Trump's decision as "silly", "impudent" and "worthless". "The deal is not dead. Read More »

Rockets, Warriors advance to Western Conference finals


They know the conference finals will be a bigger challenge. Paul told ESPN after starring in the Rockets ' 112-102 win in Tuesday night's Game 5 to eliminate the Utah Jazz . Heading into the final quarter, it was Utah in front, 78-75. After all, Houston had largely dominated the second-round series, star rookie Donovan Mitchell was scuffling and Ricky Rubio and Dante Exum were both on the shelf with hamstring injuries. Read More »