Democratic presidential candidate Bernie Sanders on Sunday proposed a sweeping agriculture and rural investment plan to break up big agriculture monopolies and shift farm subsidies toward small family farmers. “I think a farmer that produces the food we eat may be almost as important as some crook on Wall Street who destroys the economy,” …
Author: iBiz
Trump: US to Impose Higher Tariffs on Chinese Exports
U.S. President Donald Trump, looking to pressure China to speed up talks on a new trade agreement, says that starting Friday he will impose sharply higher tariffs on billions of dollars of Chinese exports to the United States. Trump wrote Sunday on Twitter: “The Trade Deal with China continues, but too slowly, as they attempt …
Trump: US to Impose Higher Tariffs on Chinese Exports
U.S. President Donald Trump, looking to pressure China to speed up talks on a new trade agreement, says that starting Friday he will impose sharply higher tariffs on billions of dollars of Chinese exports to the United States. Trump wrote Sunday on Twitter: “The Trade Deal with China continues, but too slowly, as they attempt …
US Adds Robust 263K Jobs; Unemployment at 49-Year Low
U.S. employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and anticipate strong customer demand. The unemployment rate fell to a five-decade low of 3.6% from 3.8%, though that drop partly reflected an increase in the number of Americans who stopped …
US Adds Robust 263K Jobs; Unemployment at 49-Year Low
U.S. employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and anticipate strong customer demand. The unemployment rate fell to a five-decade low of 3.6% from 3.8%, though that drop partly reflected an increase in the number of Americans who stopped …
White House Downplays Trump Meeting With Tycoon
A White House meeting between the current U.S. president and a prominent businessman who is seeking to become president of Taiwan is causing concern. The White House on Thursday sought to downplay any diplomatic or political sensitivities, saying President Donald Trump and Foxconn founder Terry Gou did not discuss support for the billionaire’s presidential campaign in …
White House Downplays Trump Meeting With Tycoon
A White House meeting between the current U.S. president and a prominent businessman who is seeking to become president of Taiwan is causing concern. The White House on Thursday sought to downplay any diplomatic or political sensitivities, saying President Donald Trump and Foxconn founder Terry Gou did not discuss support for the billionaire’s presidential campaign in …
Beyond Meat Goes Public as Sales of Plant-based Meats Rise
The Nasdaq is adding fake meat to its diet. Beyond Meat, the purveyor of plant-based burgers and sausages, made its debut on the stock exchange Thursday. It’s the first pure-play maker of vegan “meat” to go public, according to Renaissance Capital, which researches and tracks IPOs. Beyond Meat raised about $240 million selling 9.6 million …
Beyond Meat Goes Public as Sales of Plant-based Meats Rise
The Nasdaq is adding fake meat to its diet. Beyond Meat, the purveyor of plant-based burgers and sausages, made its debut on the stock exchange Thursday. It’s the first pure-play maker of vegan “meat” to go public, according to Renaissance Capital, which researches and tracks IPOs. Beyond Meat raised about $240 million selling 9.6 million …
Trump’s Favored Sanctions Meet Resistance
President Donald Trump is increasingly reliant upon economic sanctions to achieve his foreign policy goals, despite a repeated emphasis that the use of military force remains a viable option. However, these coercive measures, analysts say, have not produced their intended results, and at times have put the United States at odds with allies. Venezuela …
Trump’s Favored Sanctions Meet Resistance
President Donald Trump is increasingly reliant upon economic sanctions to achieve his foreign policy goals, despite a repeated emphasis that the use of military force remains a viable option. However, these coercive measures, analysts say, have not produced their intended results, and at times have put the United States at odds with allies. Venezuela …
US, China Reportedly Near Deal to End Some Tariffs
The United States and China are nearing a trade deal that would roll back a portion of the $250 billion in U.S. tariffs on Chinese goods, Politico reported on Wednesday after U.S. Treasury Secretary Steven Mnuchin said the two countries completed “productive” talks in Beijing. Mnuchin, along with U.S. Trade Representative Robert Lighthizer, held a …
US, China Reportedly Near Deal to End Some Tariffs
The United States and China are nearing a trade deal that would roll back a portion of the $250 billion in U.S. tariffs on Chinese goods, Politico reported on Wednesday after U.S. Treasury Secretary Steven Mnuchin said the two countries completed “productive” talks in Beijing. Mnuchin, along with U.S. Trade Representative Robert Lighthizer, held a …
May Day Around the Globe: Workers Demand Rights, Respect
Higher salaries, better working conditions, maternity leave, minimum wage and an end to discrimination against temporary or foreign workers: These were among the concerns as hundreds of thousands of union members and labor activists rallied around the world to mark May Day. The tradition of May Day marches for workers’ rights began in the United …
May Day 2019: Workers Demand Rights, Respect
Higher salaries, better working conditions, maternity leave, minimum wage and an end to discrimination against temporary or foreign workers: These were among the concerns as hundreds of thousands of union members and labor activists rallied around the world to mark May Day. The tradition of May Day marches for workers’ rights began in the United …
In Streaming Wars, Apple Says It Can Coexist With Netflix
Far from being a Netflix killer, Apple envisions its forthcoming Apple TV+ streaming service as one that could sit alongside other services that viewers buy, Apple Chief Executive Tim Cook said on Tuesday. Apple in March said it will launch a streaming service with original content from big names including Oprah Winfrey and Steven Spielberg. …
Governments Prepare for May Day Protests Worldwide
Major cities around the world have ramped up security, increasing police presence and even using drones to monitor crowds expected at May Day rallies. International Workers’ Day, which is commonly known as May Day, celebrates the international labor movement on the first day of May every year. It’s a national holiday in more than 80 …
Governments Prepare for May Day Protests Worldwide
Major cities around the world have ramped up security, increasing police presence and even using drones to monitor crowds expected at May Day rallies. International Workers’ Day, which is commonly known as May Day, celebrates the international labor movement on the first day of May every year. It’s a national holiday in more than 80 …
New French Energy Law Puts off Difficult Climate Decisions
France has set more ambitious targets to cut carbon emissions by 2050 but few measures will take effect on President Emmanuel Macron’s watch as the “yellow vest” protest movement limits his scope for environmental protection. A draft new “energy transition law,” presented to cabinet on Tuesday and seen by Reuters, pledges to reduce carbon emissions …
New French Energy Law Puts off Difficult Climate Decisions
France has set more ambitious targets to cut carbon emissions by 2050 but few measures will take effect on President Emmanuel Macron’s watch as the “yellow vest” protest movement limits his scope for environmental protection. A draft new “energy transition law,” presented to cabinet on Tuesday and seen by Reuters, pledges to reduce carbon emissions …
Warren Buffett Bankrolls Occidental’s Anadarko Bid With $10 Billion
Warren Buffett’s Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp’s $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp. Occidental and Chevron are locked in the biggest oil-industry takeover battle in years as they eye Anadarko’s prized assets in West Texas’ huge …
Warren Buffett Bankrolls Occidental’s Anadarko Bid With $10 Billion
Warren Buffett’s Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp’s $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp. Occidental and Chevron are locked in the biggest oil-industry takeover battle in years as they eye Anadarko’s prized assets in West Texas’ huge …