Money

Bayer Ordered to Pay US Couple $2Bln Over Weed Killer Cancer Case

Bayer Ordered to Pay US Couple $2Bln Over Weed Killer Cancer Case

The ruling on Monday was the latest in a series of court defeats for Monsanto over the glyphosate-based product, but the company insists the weedkiller is not linked to cancer . The company quickly responded saying it was "disappointed with the jury's decision and will appeal the verdict in this case". Alberta Pilliod, 76, said after the verdict that she and her husband, Alva, have each been battling cancer for the last nine years. Read More

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Saudi Arabia says its oil infrastructure attacked by drones

Saudi Arabia says its oil infrastructure attacked by drones

The Emirati-flagged oil tanker A. Michel , May 13, 2019, one of four ships damaged in what Gulf officials called a "sabotage" attack off the coast of the United Arab Emirates. It said it was investigating "in cooperation with local and worldwide bodies". It said there were no injuries or deaths. "They know a war wouldn't be beneficial for them", he said. Read More

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Binance hacked, $41m worth of bitcoin stolen

Binance hacked, $41m worth of bitcoin stolen

It impacted our BTC hot wallet only (which contained about 2% of our total BTC holdings). The hackers were unable to access the Binance cold storage-the off-line wallets where the majority of funds are kept. Known as a "reorg, ' the plan, which Binance discussed with Bitcoin Core contributors and others, formed an area of controversy, with all parties eventually understanding that to 'edit" the Bitcoin blockchain would require a giant consensus effort. Read More

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Chinese Stock Market Nosedives Amid Trump's Tariff Threats

Chinese Stock Market Nosedives Amid Trump's Tariff Threats

In his tweets , Trump again showed he either doesn't understand how tariffs work or, more likely, doesn't seem to think the reality is as politically palatable as his claims that for 10 months, " China has been paying tariffs to the United States of America", that "these payments are partially responsible for our great economic results", and that "the tariffs paid to the United States of America have had little impact on product cost, mostly borne by China". Read More

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United States gains 263000 jobs in April

United States gains 263000 jobs in April

Average hourly earnings are forecast to have risen 0.3 percent in April after edging up 0.1 percent in March . Some really good news right out of the gate today as America's unemployment numbers hit a record low . Similar to ADP, the BLS report showed hiring strength led in the business and professional services jobs, as well as in construction services and health care. Read More

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Berkshire Hathaway is Buying up Amazon Shares, Before Its Annual Stockholders Meeting

Berkshire Hathaway is Buying up Amazon Shares, Before Its Annual Stockholders Meeting

Berkshire Hathaway owns about 250 million shares of tech giant Apple. Buffett was referring to their portfolio managers either Ted Weschler or Todd Combs for more than $13 bn in equities for Berkshire. The annual event in Omaha, Nebraska features hours of the billionaire answering investor questions on everything from company strategy and succession to politics and life lessons. Read More

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Tesla to investigate exploding auto in Shanghai

Tesla to investigate exploding auto in Shanghai

Users of Weibo, the widely popular Chinese social media app comparable to Twitter, began sharing the video late Sunday evening local time. The viral video appears to show gases escaping from the battery module before it bursts into flames , shooting fire out from beneath the front and sides of the vehicle. Read More

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Exploration Place set for an egg-citing Easter

Exploration Place set for an egg-citing Easter

From 12 to 5 p.m., enjoy a fancy Easter tea with Easter egg tarts and a chick cookie served with tea and scones. The Easter Bunny will pay a visit starting at 11 a.m. Organizers say it's all about making sure the kids have an opportunity to play. Bring a basket from home to collect eggs. They jointly decided on a community Easter Egg Hunt the weekend before the holiday, said Michelle Lawrence, children's director at Beech Street First Baptist Church. Read More

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Easter Egg Hunt set for Logoly State Park

Easter Egg Hunt set for Logoly State Park

Along with hunting Easter eggs, families could take pictures with the Easter bunny, Wiley Coyote from the National Guard, and Radar the Patrol Dog. The event began at 10:00am with an Egg Hunt at Higher Ups Park. At 1 p.m. visitors will have a chance to show off their artistic side with a variety of spring-related crafts, including an egg-dyeing tutorial. PHOTOS BY VERA OLINSKIThe Easter Bunny arrives in the Ogdensburg First Aid Squad rig. Read More

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Disney throws down gauntlet in war on Netflix

Disney throws down gauntlet in war on Netflix

For instance, India's largest video streaming service, Hotstar (owned by Disney ), last month announced a new "VIP" subscription plan costing Rs 365 annually. In a discussion streamed on video, Netflix CEO Reed Hastings likened the past quarter to a "perfect clean shot" down the middle of a golf course's fairway while drawing comparisons to Tiger Woods' victory in the Masters tournament. Read More

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Pelosi slams Trump’s Fed picks as ‘totally unsuited, unqualified’

Pelosi slams Trump’s Fed picks as ‘totally unsuited, unqualified’

Kevin Cramer, R-N.D., have come out in opposition to Cain's appointment, likely sinking his chances of confirmation by the Senate, since it's unlikely that he will get the support of Senate democrats. Asked to elaborate, Murkowski responded: "I'm just not a fan". Cain, 73, has called the allegations unfounded. The White House declined to comment, but Axios and the Wall Street Journal noted that Cain is being contemplated. Read More

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What We Learned From Uber Making Its IPO Filing Public

What We Learned From Uber Making Its IPO Filing Public

Its operating loss was $3bn while revenue for the year came in at $11.3bn, according to documents filed with the US Securities and Exchange Commission. Even though Uber and Lyft both submitted their confidential IPO filings to the SEC on December 6, 2018, Uber's decision-makers are reportedly able to learn from Lyft's mistakes, according to Bloomberg . Read More

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Google's drone delivery service takes off in Australia

Google's drone delivery service takes off in Australia

Unfortunately, Wing isn't available to everyone in North Canberra, Australia . During the testing phase, one of the main problems that arose was the noisy nature of the gadgets, forcing Wing to make more silent drones. It said customers in Harrison and Gungahlin were expected to be covered in the coming months. Customers getting the drone delivery service will also have to receive a safety briefing about interacting with drones. Read More

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