• Microsoft, Apple battle to be most valuable USA company
Microsoft, Apple battle to be most valuable USA company

For a while this Monday, Microsoft surpassed Apple as the most valuable United States-based company. In contrast to Apple, Microsoft has seen a resurgence in its fortunes, as the company reworked its strategy following a leadership change four years ago.

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  • Pub jobs up despite rise in closures in past decade
Pub jobs up despite rise in closures in past decade

Areas on the edges of big cities have felt the closures of pubs most severely, said the ONS. ONS analysis shows that it's small pubs that are disappearing, as the big pub chains consolidate their businesses around bigger bars. "The remaining pubs and bars appear to have soaked up the custom from those pubs that have closed down", the report said....

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  • General Motors Shuts Down Three North American Assembly Plants, Cuts 14,000 Jobs
General Motors Shuts Down Three North American Assembly Plants, Cuts 14,000 Jobs

GM Chief Executive Officer Mary Barra is trying to make the company leaner as US auto demand slides from a record in 2016 and sales in China - GM's other profit center - are also in a slump. Even with the higher spending on electric and autonomous vehicles, GM plans to reduce overall annual capital spending to $7 billion by 2020 from an average...

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  • Apple Stock Drops as Trump Discusses Potential iPhone Tariff
Apple Stock Drops as Trump Discusses Potential iPhone Tariff

Trump's comments to the Wall Street Journal that he may include Apple's signature product in another round of tariffs on Chinese imports are another blow for Chief Executive Officer Tim Cook. Despite using contract manufacturers to make most of its products overseas, Apple has also sought to emphasize its contribution to the US economy, saying ...

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  • GM to close plants in Canada, Ohio, Maryland and MI
GM to close plants in Canada, Ohio, Maryland and MI

GM shares were last up 2.2 percent at $36.72 before being halted. General Motors was down 9% this year. GM will stop making the Chevrolet Cruze , the Chevrolet Volt plug-in hybrid, and large sedans including the Chevrolet Impala, Buick LaCrosse and Cadillac CT6.

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  • European Union endorses Brexit divorce deal but hard work lies ahead
European Union endorses Brexit divorce deal but hard work lies ahead

The research, by the National Institute of Economic and Social Research (NIESR), claims the Draft Withdrawal Agreement negotiated by the Prime Minister will shrink the UK's GDP by three per cent per person after leaving the European Union, making Britain billions of pounds worse off compared to the projected wealth it could have expected from sta...

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  • Schiff says Trump 'dishonest' about CIA report on Khashoggi
Schiff says Trump 'dishonest' about CIA report on Khashoggi

The third shown in the re-surfaced photos took place when the kingdom reunited under the name of Saudi Arabia. Khashoggi's murder also put a spotlight into Saudi Arabia's war in Yemen , with USA lawmakers pushing the Trump administration to stop its support for the Kingdom as a punishment for the killing.

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  • Trump says 'not happy' about GM job cuts
Trump says 'not happy' about GM job cuts

Part of that transformation includes allocating future products to fewer trousers. The General Motors Oshawa Assembly Plant has been building vehicles in Oshawa since 1953, GM says on its website . GM jumped as much as 7.9 per cent to US$38.75, the highest since July, as of 11.16am in NY trading. Four factories in the USA and one in Canada c...

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  • Cyber Monday set to be biggest U.S. online shopping day in history
Cyber Monday set to be biggest U.S. online shopping day in history

Cyber Monday is filled with great savings and sales, without the lines and occasional negativity that come with Black Friday . Cyber Monday 2018 is here and so are the deals from Amazon which lands you a discount on sough-after hardware including the latest Echo Dot.

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  • General Motors plan to close Oshawa plant is ‘done’: Doug Ford
General Motors plan to close Oshawa plant is ‘done’: Doug Ford

Most of the affected factories build cars that won't be sold in the USA after next year. As a start, we are asking the federal government to immediately extend Employment Insurance (EI) eligibility to ensure impacted workers in the auto sector can fully access EI benefits when they need them most.

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  • Bitcoin Continues to Dip below $4000, Black Week for Crypto Market
Bitcoin Continues to Dip below $4000, Black Week for Crypto Market

Therefore, more than 50 of the largest publicly traded companies in the world now have market cap's that are larger than the entire crypto market. Innes predicts bitcoin will drop to $2,500 Dollars by January 2019. "There is already a huge amount of capital tied up in cryptocurrencies, in excess of $100 billion, so why allow it to continue be...

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  • Travel disrupted by Midwest snow
Travel disrupted by Midwest snow

The service said in an advisory that travel on Monday morning will be "very risky to impossible" and the heavy snow was hard to shovel and may cause falling tree limbs and power outages. Average delays at both airports were lasting more than 15 minutes, the CDA said. Holt, & Nodaway counties: Blizzard Warning from 4 a.m. Sunday until 6 p.m.

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  • Christmas Tree Seller Expects High Prices this Year
Christmas Tree Seller Expects High Prices this Year

Reese says that in recent years live trees have been regaining popularity. Yellow Bird L.C.'s tents opened Sunday, and Dobromil said even with the shortage, they hope to sell about 800 trees this year. The farm sells about 10,000 trees each season and is turning down orders every day from desperate retailers, LaCasce said. "The tougher thing is...

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  • Amazon hit by strikes in Europe on ´Black Friday'
Amazon hit by strikes in Europe on ´Black Friday'

An reports Amazon managers have had to do the jobs of warehouse workers and pack items due to the number of employees striking. Workers at Amazon's biggest warehouse in Spain, San Fernando de Henares, walked off the job on Friday and will also strike on Saturday.

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  • Black Friday 2018 at Colony Square Mall
Black Friday 2018 at Colony Square Mall

And shoppers that did show up early were pleasantly surprised by the relative calm. Thousands of eager shoppers lined up at the entrance of Macy's Herald Square flagship shop in Manhattan, the largest department store in the USA, at 5 p.m.

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  • Theresa May says United Kingdom will 'stand by Gibraltar' through Brexit
Theresa May says United Kingdom will 'stand by Gibraltar' through Brexit

The UK is expected to leave the European Union on 29 March 2019. Berlin had earlier said there could be no more technical negotiations at the summit, and that Chancellor Angela Merkel could skip it if all the texts are not ready in advance.

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  • Range Rover Evoque, Tata Harrier, BMW Cars
Range Rover Evoque, Tata Harrier, BMW Cars

ClearSight Ground View is a world first, making the Evoque's bonnet "invisible" by projecting a 180-degree live view of its front end onto the upper touchscreen. All mpg stats are to be confirmed. "The use of recycled and natural materials in the Evoque along with the addition of the hybrid powertrains not only enhances its appeal but also unde...

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  • US urging allies to shun Huawei
US urging allies to shun Huawei

Huawei is increasingly far from realizing the American dream. Earlier this week, Huawei said it had signed 22 commercial contracts for 5G networks. The U.S. has apparently warned other countries not to use equipment from Huawei. While in North America, Nokia and Ericsson are the current leaders of networking equipment, Huawei is the leader of ...

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  • Tesla lowers prices in China
Tesla lowers prices in China

Before the price hike in July, Tesla had lowered prices on its models in China in May, after Beijing had said it would cut import tariffs for all auto imports. Whatever happens with trade relations between China and the U.S., Tesla will be keen to keep prices as low as possible in the Asian nation because it is the largest market for electric veh...

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  • A Renault-Nissan divorce could prove catastrophic
A Renault-Nissan divorce could prove catastrophic

Japan's Nikkei business daily reported on Tuesday that Ghosn had received share price-linked compensation of about 4 billion yen over a five-year period to March 2015 but that it went unreported in Nissan's financial statements . Shares in Nissan were flat, in line with a broader market, ahead of the board meeting. Ghosn, known as a savag...

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