The White House has criticised China after it imposed retaliatory tariffs against the US on a range of goods, including pork and wine. Beijing put duties of up to 25% on 128 American imports following President Donald Trump’s decision to slap taxes on imports of steel and aluminium. China said the move was intended to […]

FirstEnergy had asked Trump administration for emergency order Electricity generators across U.S. pummeled by low power rates A power generator that pleaded for the Trump administration’s help in bailing out struggling coal and nuclear plants has filed for bankruptcy. FirstEnergy Solutions Corp., its subsidiaries and FirstEnergy Nuclear Operating Co.listed $550 million in cash to continue operations […]

How about some random observations you might appreciate, or perhaps not so much? First, I wish athletic shoe manufacturers would regain their senses and realize each of their products doesn’t need 12 feet of laces to get one properly tied. Not only will they save money by trimming several inches from each, I’ll no longer […]

Amazon rolled out Connections, a daily Q&A feedback program, company-wide last April. Some employees who spoke to CNBC expressed concerns about the program’s confidentiality and the usefulness of the data. Programs like Connections and a revamped reviews process called Forte are important because Amazon wants to better understand its workforce, now estimated to be the […]

A Los Angeles judge ruled in favor of a nonprofit that says coffee sellers must post warnings about a carcinogen. Starbucks and other coffee roasting companies in California may be required to add warning labels on drinks to alert customers to possible cancer risks, according to a new court ruling. A Los Angeles judge ruled […]

Facebook says it’s going to stop using data from third-party data providers like Experian and Acxiom. Facebook is going to limit how much data it makes available to advertisers buying hyper-targeted ads on the social network. More specifically, Facebook says it will stop using data from third-party data aggregators — companies like Experian and Acxiom — to help supplement […]

Nvidia Corp. shares suffered their third-worst day since 2011 on Tuesday, as the company’s decision to halt testing of self-driving cars overshadowed new products announced at its annual developers conference. Nvidia NVDA, -1.50%  stock closed with a 7.8% drop at $225.52, with the decline starting after Reuters reported that the company had halted self-driving tests after an Uber […]

According to a recent report published by New Frontier Data, under full federal legalization the cannabis market has the potential to create cumulatively $105.6 billion in federal tax revenue and 1 million new jobs by 2025. Under the assumption of full legalization in all 50 states, data projects there would be an excess of 654,000 jobs and […]

The deal follows a month of speculation, and it will see Grab — which is valued at over $6 billion — buy up Uber’s ride-sharing business in eight countries in Southeast Asia. It will also take over Uber Eats, which is currently present in three, and expand that service across the region during the first […]

A function most businesses take for granted still shackles medical marijuana producers and dispensaries. The hazy banking climate for Pennsylvania’s blazing new industry so far has kept major financial institutions out of the game and leaves most operators to find creative ways to manage revenue. “There’s 15,000 licensees across the country,” said Nathaniel Gurien, a […]