Wisconsin's 5-day sales tax holiday begins

It will run from midnight August 3 to 11:59 p.m. Exempted items during tax-free weekend include shoes and clothing under $100 per item, computers under $1,000, computer hardware under $500 and school supplies under $30 per item. Coats, hats, ja... More..

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Chipotle illness outbreak: number of sick patrons grows to 360
by | Thursday, August 02, 2018

Chipotle illness outbreak: number of sick patrons grows to 360

A logo of Chipotle Mexican Grill is seen on one of their bags in Manhattan, New York November 23, 2015. More than 100 people said they had fallen sick after eating at a Chipotle Mexican Grill Inc ( CM...More..

Trump says he would 'certainly meet' with Iran's president
by | Thursday, August 02, 2018

Trump says he would 'certainly meet' with Iran's president

If they want to meet, I'll meet anytime they want, anytime they want,' he said. Reports say Iran's currency has dropped to an all-time low plunging past 100,000 rials to the United States dollar, as Iranians...More..

Apple becomes 1st private company worth $1 trillion
by | Thursday, August 02, 2018

Apple becomes 1st private company worth $1 trillion

Apple shares have been rising steadily over the past few days, and the company's the stock price briefly topped the $207.04 per share threshold just a short while ago. Apple said in a quarterly filing to the Se...More..

President Trump, EU Leader Hold Joint Press Conference
by | Saturday, July 28, 2018

President Trump, EU Leader Hold Joint Press Conference

And it is not just Europeans opposing these tariffs, but American companies as well. The moves have been unsettling to members of congress in districts dependent upon manufacturers and farmers affected by the...More..

Mark Zuckerberg’s fortune tumbles $16.8 billion in a day
by | Saturday, July 28, 2018

Mark Zuckerberg’s fortune tumbles $16.8 billion in a day

That "bombshell", as one analyst termed it, played into concerns on Wall Street that Facebook's model could be under threat after a year that has been dominated by efforts to head off concerns over privacy ...More..

European Union and USA kiss and make up on trade
by | Thursday, July 26, 2018

European Union and USA kiss and make up on trade

He also said they would "resolve the steel and aluminium tariffs", while Mr Juncker said the sides would hold off on any new tariffs while talks proceed. His words suggested he was open to something resemblin...More..

Ex Fiat Chrysler boss Sergio Marchionne has died aged 66
by | Thursday, July 26, 2018

Ex Fiat Chrysler boss Sergio Marchionne has died aged 66

Sergio Marchionne , who has died aged 66, having suffered complications after an operation, was renowned in the motor industry for the way he engineered dramatic turnarounds in the fortunes of Fiat and subseq...More..

Facebook (FB) Stock Sinks as Revenue Misses Expectations
by | Thursday, July 26, 2018

Facebook (FB) Stock Sinks as Revenue Misses Expectations

In fact, it would have wiped out 87 percent of the billionaires in Bloomberg's index. Nearly all of Facebook's revenue - US$13 billion of the total US$13.2 billion - came from online advertising, a sector d...More..

United States announces $12 bn in aid to farmers hurt by trade tariffs
by | Wednesday, July 25, 2018

United States announces $12 bn in aid to farmers hurt by trade tariffs

That proposal doesn't yet have enough GOP support to pass the Senate, and it appears Trump's bailouts to farm country are meant to tamp down GOP criticism of Trump's trade policies. That's according to two pe...More..

Google profits soar despite $5B antitrust fine
by | Tuesday, July 24, 2018

Google profits soar despite $5B antitrust fine

Alphabet's $32.66 billion in second-quarter revenue, 86 percent of which came from Google's advertising business, beat an average estimate of $32.17 billion. But it's important to remember that simply paying...More..

Donald Trump: 'Tariffs are the greatest!'
by | Tuesday, July 24, 2018

Donald Trump: 'Tariffs are the greatest!'

It allows the CCC to borrow up to $30 billion from the Treasury Department to "stabilize, support, and protect farm income and prices". The funds will come through direct assistance, a food purchase and distr...More..

Mike Manley replaces Sergio Marchionne as boss of Fiat Chrysler
by | Monday, July 23, 2018

Mike Manley replaces Sergio Marchionne as boss of Fiat Chrysler

But Marchionne told analysts during a big presentation last month that his true legacy at Fiat Chrysler Automotive would be the culture of a corporation where "mediocrity is never, ever worth the trip". It is...More..

Big crude oil margins should boost USA refiner earnings
by | Saturday, July 21, 2018

Big crude oil margins should boost USA refiner earnings

Meanwhile, determined to prevent the Organization of the Petroleum Exporting Countries ( OPEC ) from causing what Trump views as artificial and undue price inflation by removing crude supplies from the market...More..

Fox raises Sky offer to $32 billion in battle with Comcast
by | Friday, July 13, 2018

Fox raises Sky offer to $32 billion in battle with Comcast

U.S. media giant Comcast threw its hat into the ring in February with a £22bn offer for Sky, trumping an offer from Fox, and starting a bidding war . "This transformative transaction will position Sky so that ...More..

Elon Musk Could Send 'Escape Pods' To Rescue Trapped Boys In Thailand
by | Monday, July 09, 2018

Elon Musk Could Send 'Escape Pods' To Rescue Trapped Boys In Thailand

Proposed "buddy dive' plan to rescue boys in Thai cave could launch this weekendThai officials say the 12 boys stranded inside the cave are strong enough to walk but can't swim safely yet". A spokesman for ...More..

Volatile oil prices keep gas prices moving in both directions
by | Monday, July 09, 2018

Volatile oil prices keep gas prices moving in both directions

Following Trump's OPEC complaint, Saudi Arabia , the biggest crude oil exporter, assured Trump they could increase oil production and ensure price stability in the global market, according to Reuter...More..

U.S. looks for support on Iran crude embargo
by | Friday, July 06, 2018

U.S. looks for support on Iran crude embargo

Saudi Arabia said it would "use its spare capacity when needed to deal with any future changes in oil supply and demand rates, in coordination with other producing countries", according to a report by the...More..

Amazon Prime Day to give Indian customers many firsts
by | Wednesday, July 04, 2018

Amazon Prime Day to give Indian customers many firsts

In addition, there will be new product category sections to browse and deals through Whole Foods , which it purchased past year for almost US$14 billion. Members will also receive exclusive in-game loot fo...More..

LeBron James banner removal begins in Cleveland
by | Wednesday, July 04, 2018

LeBron James banner removal begins in Cleveland

ET on Sunday night, less than one hour after the four-time NBA MVP announced his intention to sign with the Lakers. James will join a Lakers team which has missed the playoffs for five consecutive seasons, ...More..

Trump tries to change focus of border debate
by | Tuesday, June 26, 2018

Trump tries to change focus of border debate

It said any parent must request that their child be deported with them. President Trump's new executive order relieved political pressure on him but intensified friction between the Justice Department a...More..

Harley-Davidson moves some production from U.S. due to tariffs
by | Tuesday, June 26, 2018

Harley-Davidson moves some production from U.S. due to tariffs

The company added, "Increasing global production to alleviate the European Union tariff burden is not the company's preference , but represents the only sustainable option to make its motorcycles accessible ...More..

US Supreme Court clears way for online retailers to collect sales tax
by | Monday, June 25, 2018

US Supreme Court clears way for online retailers to collect sales tax

Those dollars are expected to provide $200 million a year for the IL state treasury according to estimates by the Department of Revenue. Shares of online retailers fell sharply following the ruling , which...More..

Canada legalizes the production and retail sale of marijuana
by | Saturday, June 23, 2018

Canada legalizes the production and retail sale of marijuana

Prime Minister Justin Trudeau announced via Twitter his intention to have legal sales programs created and implemented by October 17, 2018. Now, the Cannabis Act has finally been voted through in the nati...More..

by | Friday, June 22, 2018

OPEC on tightrope as output target talks prompt clash

Benchmark Brent crude prices traded at $74.35 a barrel on Thursday morning in London. While U.S. oil production may not be quite up to the levels of oil giants Russian Federation and Saudi Arabia, losing th...More..

Bithumb becomes the second victim to crypto theft in Korea this month
by | Friday, June 22, 2018

Bithumb becomes the second victim to crypto theft in Korea this month

Second Largest Korean exchange, Bithumb , got hacked and lost a modest amount of $31 million. "However, this loss will be compensated by Bithumb's own reservoir, and all assets of our customers are securel...More..

Trump Threatens 20% Tariff on European Cars, Seeks More U.S. Production
by | Friday, June 22, 2018

Trump Threatens 20% Tariff on European Cars, Seeks More U.S. Production

Build them here!" "'The people of Germany are turning against their leadership as migration is rocking the already tenuous Berlin coalition", Trump tweeted earlier this week. market. "There is no proposal f...More..

Supreme Court’s sales-tax ruling could mean $200 million for IL
by | Friday, June 22, 2018

Supreme Court’s sales-tax ruling could mean $200 million for IL

That won't necessarily be the case at Amazon , the world's largest online retailer, which already collects sales tax in every state that has such a tax. "We look forward to working with state leaders as they t...More..

Trump escalates China trade war with extra tariffs
by | Wednesday, June 20, 2018

Trump escalates China trade war with extra tariffs

By most accounts, Beijing has made a routine practice of stealing American intellectual property - as part of its broader "Made in China 2025" project, which aims to position China as a dominant force in th...More..

Trump threatens additional tariffs on $200 billion of Chinese goods
by | Wednesday, June 20, 2018

Trump threatens additional tariffs on $200 billion of Chinese goods

In addition to the second set of tariffs, Trump also threatened to hit China with a third wave - an additional 10% on another $ 200 billion worth of Chinese goods - if the Beijing rolled out their own wave...More..