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Home2019

Year: 2019

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Business News

GM switches health insurance costs to union for striking workers; talks continue

September 17, 2019 admin Comments Off on GM switches health insurance costs to union for striking workers; talks continue

General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for the second day on Tuesday.

…read more […]

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Business News

Senators push for U.S. to expand mining for electric vehicle supply chain

September 17, 2019 admin Comments Off on Senators push for U.S. to expand mining for electric vehicle supply chain

U.S. senators voiced bipartisan support on Tuesday for the expansion of domestic mining and minerals recycling, part of a push to jumpstart the country’s electric vehicle supply chain and offset China’s rising dominance in the fast-growing space.

…read more […]

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Business News

Saudi oil output to recover in two or three weeks after attack: sources

September 17, 2019 admin Comments Off on Saudi oil output to recover in two or three weeks after attack: sources

Saudi Arabia sought to calm markets on Tuesday after an attack on its oil facilities, with sources in the kingdom saying output was recovering much more quickly than initially forecast and could be fully back in two or three weeks.

…read more […]

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Business News

Macron worried attack on Saudi oil may hurt moves to ease U.S.-Iran crisis: diplomats

September 17, 2019 admin Comments Off on Macron worried attack on Saudi oil may hurt moves to ease U.S.-Iran crisis: diplomats

An attack on Saudi oil installations that halted half the kingdom’s output could harm French diplomacy meant to avert feared U.S.-Iranian conflict, diplomats said after President Emmanuel Macron’s top envoy held talks in Saudi Arabia.

…read more […]

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Business News

U.S. agency says Walmart likely discriminated against female workers: WSJ

September 17, 2019 admin Comments Off on U.S. agency says Walmart likely discriminated against female workers: WSJ

Walmart Inc likely discriminated against 178 female workers by paying less or denying promotions or both because of their gender, the U.S. Equal Employment Opportunity Commission said in memos reviewed by The Wall Street Journal, the newspaper said on Tuesday.

…read more […]

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Business News

Chipotle adds steak dish carne asada in rare addition to menu

September 17, 2019 admin Comments Off on Chipotle adds steak dish carne asada in rare addition to menu

Chipotle Mexican Grill Inc said on Tuesday it would add a new steak dish to its menu nationwide for the first time in three years, as the Mexican food chain looks to drive sales in a crowded U.S restaurant market.

…read more […]

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Business News

Exclusive: Saudi oil output to return faster than first thought – sources

September 17, 2019 admin Comments Off on Exclusive: Saudi oil output to return faster than first thought – sources

Saudi Arabia’s oil output will be fully restored quicker than thought following weekend attacks on production facilities, two sources briefed on developments said on Tuesday, taking two or three weeks not months as initial indications suggested.

…read more […]

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Business News

Mexico to keep fuel prices stable despite Saudi attacks: president

September 17, 2019 admin Comments Off on Mexico to keep fuel prices stable despite Saudi attacks: president

Mexico’s government will uphold its pledge to keep fuel prices stable and has gasoline supplies secured despite attacks on Saudi oil sites, President Andres Manuel Lopez Obrador said on Tuesday.

…read more […]

Newsmakers

NexTech (OTC: NEXCF) Signs AR Deal With Challenger Motor Freight Inc.

September 17, 2019 admin Comments Off on NexTech (OTC: NEXCF) Signs AR Deal With Challenger Motor Freight Inc.

NEW YORK and TORONTO, Sept. 17, 2019 — NexTech AR Solutions (the “Company” or “NexTech”) (OTC: NEXCF) (NTAR.CN)(N29.F) is pleased to announce that it has landed a deal with Challenger Motor Freight Inc. one of the most technologically […]

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Business News

Iran rules out talks as Trump blames Tehran for Saudi oil attack

September 17, 2019 admin Comments Off on Iran rules out talks as Trump blames Tehran for Saudi oil attack

Iran’s supreme leader on Tuesday ruled out talks with Washington after President Donald Trump blamed Tehran for a crippling attack on Saudi Arabia’s oil facilities.

…read more […]

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Business News

Kuwait foreign minister calls on armed forces to be on high alert: KUNA

September 17, 2019 admin Comments Off on Kuwait foreign minister calls on armed forces to be on high alert: KUNA

Kuwait’s foreign minister called on the country’s armed forces to be on high alert and prepared to confront any incident that may destabilize the country’s security, state news agency KUNA reported on Tuesday.

…read more […]

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Business News

Saudis yet to brief OPEC colleagues, IEA on oil outage: sources

September 17, 2019 admin Comments Off on Saudis yet to brief OPEC colleagues, IEA on oil outage: sources

Saudi Arabia has yet to brief fellow OPEC members and other energy sector players about how long it will take to restore the country’s oil output, OPEC and industry sources said as Riyadh tries to assess damage from the weekend’s crippling attacks.

…read more […]

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Business News

Oil drops sharply as Saudi output seen returning soon after attacks

September 17, 2019 admin Comments Off on Oil drops sharply as Saudi output seen returning soon after attacks

Oil prices dropped sharply on Tuesday after a top Saudi Arabian source told Reuters production could be fully back on line within weeks, quicker than initially thought following weekend attacks that cut halved the kingdom’s output.

…read more […]

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Business News

U.S. manufacturing production rebounds; trend still weak

September 17, 2019 admin Comments Off on U.S. manufacturing production rebounds; trend still weak

U.S. manufacturing output increased more than expected in August, boosted by a surge in machinery and primary metals production, but the outlook for factories remains weak against the backdrop of trade tensions and slowing global economies.

…read more […]

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Business News

U.S. effective fed funds rate jumps on Monday: New York Fed data

September 17, 2019 admin Comments Off on U.S. effective fed funds rate jumps on Monday: New York Fed data

What U.S. banks charge each other to borrow reserves overnight jumped on Monday, prompted by a jump in money market rates amid scarcity in cash available for lending, according to data from the New York Federal Reserve released on Tuesday.

…read more […]

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