Markets
EU’s GPS-like Galileo satellites have been down since July 11
Earlier, a source from the European Global Navigation Satellite Systems Agency, which operates Galileo, told InsideGNSS.com that the system's service would be "degraded" until further notice due to technical problems. Theresa May told reporters at the G20 summit in Argentina a year ago: "The European Commission decided that we would be barred from having full aspects of the Galileo programme and... [Full Article...]
Dairy Queen Employee Fired After Her Manager Mistook 'Moana' for 'Marijuana'
Kensli Davis' favourite movie is Moana , so she asked her mom for a cake with the Disney character to celebrate her birthday. Instead, she was given a cake with a giant marijuana leaf next to a green My Little Pony with bloodshot eyes exhaling some smoke. [Full Article...]
China's Q2 GDP slowing slowly
China's GDP expanded 6.3 percent year on year in the first half of 2019 to about 45.09 trillion yuan (about $6.56 trillion), data from the National Bureau of Statistics (NBS) showed Monday. But existing levies imposed by both sides remain in place, weighing on profits and supply chains, and the two sides remain at odds over significant issues needed for an agreement. [Full Article...]
Flood dangers mounting as tropical storm Barry moves inland
Some areas of Louisiana were in line to get up to 20 inches of rain over the weekend as the slow-moving Barry travels north. As of 11am yesterday, the storm's maximum sustained winds had dropped further, to 64kph. LA 1 was closed between St. Charles Bypass Road and Lefort Bypass Road in Thibodaux, Louisiana, due to downed electrical poles and wires after Barry blew through. [Full Article...]
Based Regional Trucking Company Abruptly Closes
LME Inc. announced Friday that it will no longer be picking up or delivering freight due to "unforeseen circumstances". "Management is making arrangements to move any freight we have in house". LME Trucking made the announcement on their website . "While the NLRB ruling resulted in one settlement in 2018, there are still unresolved lawsuits demanding millions from LME for allegedly violating pen... [Full Article...]
Amazon To Invest In Employee Development
Amazon, using its own employment data, said its fastest growing skilled job positions over the last five years include data mapping, data science, security engineering and business analysis. The video appended is produced by Sanders. "For us, creating these opportunities is just the beginning". "While many of our employees want to build their careers here, for others it might be a stepping sto... [Full Article...]
Volkswagen Beetle production ends; final unit rolls off the production line
The final vehicle produced was a Stonewashed Blue coupe variant that will remain on display at Volkswagen's local museum in Puebla. "We'll adapt the Chinese model for this market", Steffen Reiche, chief executive officer of VW's Mexico business, said during an event at the Puebla plant. [Full Article...]
International Business: Johnson & Johnson faces criminal probe related to baby powder
J&J has denied allegations that its talc causes cancer . A grand jury in Washington is examining documents that may shed light as to what company executives knew about the potential dangers of the talc powder, the report said. Although J&J asserts it has no liability because its products are safe, Bloomberg Intelligence estimates civil settlements related to its talc products could cost a... [Full Article...]