Markets
Ohio's April unemployment rate drops to 18-year low of 4.3 percent
Utah added 45,600 jobs in the 12-month period ending April 30, according to the new federal data. MA added 4,100 jobs in the private sector in the month of April, according to the U.S. Only 10 of the state's 105 counties had unemployment rates above 4 percent in April. Last month, the US jobless rate dropped to 3.6%. Much of those gains came from the construction sector, as well as professiona... [Full Article...]
Walmart explores Asda stock market listing after Sainsbury's deal flop
Walmart had struck a deal to merge Asda with J. Sainsbury PLC, but the merger was struck down by the UK's Competition and Markets Authority earlier this year. McKenna said: " Walmart does not have a one size fits all approach to operating its global markets, but a consistent focus on strong local businesses powered by Walmart ". [Full Article...]
Strong growth prospects in the future For Berkshire Hathaway Inc. (BRK-B)
Berkshire Hathaway shares have struggled this year. Shares of Berkshire Hathaway stock traded up $1.42 during mid-day trading on Tuesday, hitting $218.00. David and Tom just revealed what they believe are the ten best stocks for investors to buy right now. and Berkshire Hathaway (B shares) wasn't one of them! The reason is that Berkshire's stock price continues to rise. [Full Article...]
Trump claims China tariffs help, not Harm US, talks
Granted, Mexico could increase its sales of electronic goods to the US market, and Argentina could boost its exports of soybeans to China as a result of the escalating U.S. "Some countries would be more flooded than others, but we would all be under water". The Chinese government is unlikely to cave on issues of sovereignty. [Full Article...]
Tim Hortons is testing Beyond Meat plant-based sausage on breakfast sandwiches
To learn more about the TIM HORTONS brand, please visit the TIM HORTONS brand website at www.timhortons.com or follow us on Facebook, Twitter and Instagram. The five-year outlook for growth in the global burger market is expected to be 5% annually, with growth in the global coffee and chicken markets expected to be 6% annually, according to the company. [Full Article...]
British Steel seeks a loan of up to £75m from government
The company employs 4,500 and up to as many as 20,000 people within the supply chain. British Steel is said to be having "constructive discussions" with it's stakeholders on how to proceed and a range of support measures addressing "broader Brexit issues". [Full Article...]
Canada's inflation rate up in April
Stronger price pressures from gasoline helped picked up the pace of annual inflation last month in Canada, with an April reading of two per cent, compared to 1.9 per cent in March and 1.5 per cent in February. Excluding gasoline, the inflation rate rose 2.3 per cent compared to a year earlier. "There's nothing for markets to really chew on today, with the date essentially bang on expectations, a... [Full Article...]
Tesla updates battery software after auto fires in China and Hong Kong
While Tesla is still investigating the incidents, the firm is taking action "out of an abundance of caution". Tesla Inc will update its battery software after two recent fires involving its Model S electric vehicles (EV) in Shanghai and Hong Kong, the USA automaker said on Thursday, adding that investigations into the incidents are ongoing. [Full Article...]