Elon Musk Plans to Accept Bitcoin as Payment for Tesla Cars
2021-02-08 18:51:53 UTC
<p>SILVER SPRING, Md. (AP) — Tesla has invested around $1.5 billion in Bitcoin and said it plans to begin accepting the digital currency as payment for its high-end vehicles soon. The price of Bitcoin soared 15% to above $43,000 Monday.</p><p>The California-based electric car maker headed b...
British Exports to EU Fall by 68% After Brexit Deal
2021-02-07 17:55:29 UTC
LONDON (Reuters) - Exports from Britain to the European Union fell by 68% in January as trade was disrupted after the end of a transition period following Britain’s departure from the European Union, according to a trade body representing hauliers.
The government did not confirm the data and s...
These Are the Reasons Why Everyone Should Have a Life insurance
2021-01-28 00:53:27 UTC
According to nonprofit LifeHappens.org, 100 million Americans — more than 40% of the population — don't have an insurance policy that will provide for their loved ones should they die.
Anthony Anderson, star of ABC's "Blackish" and spokesperson for Life Insurance Awareness month, finds that st...
Here Are Facts About Life Insurance
2021-01-28 03:03:24 UTC
Life insurance is usually last on the list of important-but-necessary items people want to spend money on, because, let’s face it, no one wants to dwell on the circumstances in which it could come in handy. Now, in the wake of the Great Recession, people have even less insurance than before, whic...
Insurers Must Pay off Insurance Claims Quickly
2021-01-28 03:04:12 UTC
LONDON (Reuters) - Insurers face enforcement action if they don’t pay up as soon as possible on business insurance claims following a landmark court ruling, Britain’s Financial Conduct Authority said on Friday.
The Supreme Court earlier this month ruled that many business insurance policies sh...
Wall Street Is Paying Attention to Reddit
2021-01-27 23:06:28 UTC
(Reuters) - Dennis Dick, a professional stock trader in Las Vegas, reads the site Seeking Alpha before work and keeps up to the minute throughout the trading day by watching Twitter, but last weekend he also joined a group on the popular online discussion board Reddit “because I need to know what...
Stock Trading on Social Media: Reddit’s “Wallstreetbets” Drives Giant Hedge Funds to Heavy Losses
2021-01-27 23:06:52 UTC
(Reuters) - Retail traders scored against professionals on Wednesday as hedge funds Citron and Melvin retreated with heavy losses on short positions in GameStop in the week-long battle between Wall Street and Main Street, with more calling for scrutiny of anonymous stock trading posts on social m...
India to Ban TikTok and 58 Other Chinese Apps
2021-01-25 22:13:03 UTC
(Reuters) - India’s ministry of electronics and information technology has issued fresh notices to make permanent a ban imposed on video app TikTok and 58 other Chinese apps in June, Indian media reported late on Monday.
When it first imposed the ban, the Indian government gave the 59 apps a c...
Boeing 737 MAX to Fly in Europe: “Inappropriate, Dangerous”
2021-01-25 22:07:56 UTC
PARIS (Reuters) - Europe is set to lift a 22-month flight ban on the Boeing 737 MAX this week after reviewing submissions by industry experts and whistleblowers, angering relatives of some of the 346 crash victims, who say the move is premature.
A green light from the European Union Aviation Saf...
U.S. Car Insurance Study Recommends Design Changes to Improve Safety
2021-01-19 01:54:38 UTC
<p>(Reuters) - SUVs are more likely than passenger cars to injure or kill pedestrians, according to a new U.S. insurance industry study which recommended design changes to improve safety.</p><p>Sport utility vehicles “seem to be more deadly to pedestrians than cars are,” said Sam Monf...
Joe Biden Unveiled a $1.9 Trillion Coronavirus Plan
2021-01-15 02:52:41 UTC
WILMINGTON, Del. (AP) — President-elect Joe Biden unveiled a $1.9 trillion coronavirus plan Thursday to end “a crisis of deep human suffering” by speeding up vaccines and pumping out financial help to those struggling with the pandemic’s prolonged economic fallout.
Called the “American Rescue...
Deutsche Bank to Refrain From Further Business With Trump
2021-01-12 03:18:39 UTC
FRANKFURT (Germany) — Two of Donald Trump’s favored banks are pulling away from the billionaire president in the wake of last week’s deadly riot at the U.S. Capitol, according to Bloomberg.
Deutsche Bank AG has decided to refrain from further business with Trump and his company, said a person...
Companies to Suspend Donations to US Lawmakers Who Do Not Respect Rule of Law
2021-01-11 16:25:05 UTC
WASHINGTON/NEW YORK (Reuters) - Marriott International Inc, the world’s largest hotel company, and the Blue Cross Blue Shield Association (BCBSA) said Sunday they will suspend donations to U.S. lawmakers who voted against certifying President-elect Joe Biden’s victory last week.
“We have taken...
Iran Threatens to Expel UN Nuclear Inspectors, Urges Sanctions Relief
2021-01-10 01:37:02 UTC
DUBAI (Reuters) - Iran will expel United Nations nuclear watchdog inspectors unless U.S. sanctions are lifted by a Feb. 21 deadline set by the hardline-dominated parliament, a lawmaker said on Saturday.
Parliament passed a law in November that obliges the government to halt inspections of its ...
U.S. Suspends 25% Tariffs on French Imports
2021-01-07 19:02:26 UTC
WASHINGTON (Reuters) -The United States has indefinitely suspended 25% tariffs on French cosmetics, handbags and other imports it had planned in retaliation for a digital services tax Washington says will harm U.S. tech firms, as it investigates similar taxes elsewhere.
The U.S. Trade Represen...
UK Parliament Approves Boris Johnson’s Post-Brexit Trade Deal
2020-12-30 19:25:29 UTC
LONDON/BRUSSELS (Reuters) -British lawmakers approved Prime Minister Boris Johnson’s post-Brexit trade deal with the European Union on Wednesday, as both sides looked to begin a new chapter of relations just days before their divorce becomes a reality.
Britain and the European Union signed the...
Deal Reached on EU-UK Trade Relationship
2020-12-26 20:54:26 UTC
BRUSSELS (AP) — Just a week before the deadline, Britain and the European Union struck a tentative free-trade deal Thursday that should avert economic chaos on New Year’s and bring a measure of certainty for businesses after years of Brexit turmoil.
The deal, reached after nine tough months o...
UK Travelers Prohibited From Entry to EU Countries
2020-12-21 21:01:06 UTC
LONDON (Reuters) - Britain’s European neighbours began closing their doors to travellers from the United Kingdom on Sunday amid alarm about a rapidly spreading strain of coronavirus that has caused cases to soar there.
France said it would bar all people coming from the United Kingdom for 48 h...
A New Social Media Platform With Incredible Features
2021-01-10 19:02:05 UTC
<p><a href="https://glogat.com/signup" rel="noopener noreferrer" target="_blank"><strong>Glogat is a free social media platform</strong></a> that not only offers a way to stay connected globally, but also provides a number of useful features, such as blogging, video calls, livestreaming and secti...
EU Wants to Be a leader in Fight Against Global Warming
2020-12-12 20:22:17 UTC
BRUSSELS (AP) — European Union leaders reached a hard-fought deal Friday to cut the bloc’s greenhouse gas emissions by at least 55% by the end of the decade compared with 1990 levels, avoiding a hugely embarrassing deadlock ahead of a U.N. climate meeting this weekend.
Following night-long dis...
U.S. Govt Accuses Facebook of Abusing Its Market Power to Crush Competitors
2020-12-09 23:53:02 UTC
WASHINGTON (AP) — The U.S. government and 48 states and districts sued Facebook Wednesday, accusing it of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spinoff of the social network’s Instagram and WhatsApp messaging se...
Irish PM Says Chances of a Brexit- Deal at 50-50
2020-12-07 16:04:37 UTC
BRUSSELS/LONDON (Reuters) - British and European Union negotiators made a last-ditch effort on Monday to bridge stubborn differences standing in the way of a post-Brexit trade deal, but they had at best 48 hours left to avoid a disorderly parting of ways at the end of this month.
Will Five-Year Brexit Divorce End Messily?
2020-12-06 06:45:34 UTC
<p>LONDON/BRUSSELS (Reuters) - British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen instructed their negotiators to resume trade talks on Sunday in a last ditch attempt to bridge significant differences.</p><p>The decision to revive the long-running talks af...
$500M Aid for Small Businesses
2020-12-06 00:07:12 UTC
SACRAMENTO, Calif. (AP) — California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions, Gov. Gavin Newsom announced Monday.
The tax measures include a three-month automatic extension of the income tax payment d...
US Lawmakers Close to A Coronavirus Stimulus Deal
2020-12-04 19:51:13 UTC
WASHINGTON (AP) — House Speaker Nancy Pelosi gave an optimistic assessment of the prospects for a mid-sized COVID-19 relief bill and a separate $1.4 trillion governmentwide spending bill on Friday, teeing up expectations for a successful burst of legislative action to reverse months of frustratio...