Markets

China's currency falls as more United States sanctions look likely

China's currency falls as more United States sanctions look likely In the offshore market, the yuan crossed the 7 barrier for the first time ever, hitting a record low. His comments sent United States stocks sharply lower, losing as much as 250 points, undercutting a recent recovery from the continued concerns the trade war will cause a slowdown in the global economy . [Full Article...]

China talks ongoing, but deal is not done

China talks ongoing, but deal is not done The U.S. responded by labelling China a currency manipulator. U.S. and Chinese negotiators met in Shanghai in late July for the first time since talks collapsed in May, and were due to hold another round in September. "I'm not ready so fast", said the sweating president as he took questions for a half-hour under an intense early August sun, notably striking - again - a much more pessimistic t... [Full Article...]

Bayer has not proposed paying $8 billion to settle U.S

Bayer has not proposed paying $8 billion to settle U.S Bayer shares soared as much as 11% on Friday on a Bloomberg report that the German company has proposed to pay $8 billion to settle more than 18,000 USA lawsuits on its glyphosate-based weedkiller Roundup case. Louis, Missouri, this month would be postponed to January 27, 2020, and that a following St. Louis case slated for September had also been postponed. [Full Article...]

Your New Ford Explorer Or Lincoln Aviator Could Be Missing A Part

The good news is that the vehicles are so brand-new and hot off the assembly line that the majority of them are still at the dealership, and Ford can fix the little oopsie before they are delivered to customers. The factory mode setting is used to reduce battery drain during the production process. Ford received one report of an accident from the missing park release cover that occurred during v... [Full Article...]

International Monetary Fund contradicts Trump: China hasn't manipulated its currency

International Monetary Fund contradicts Trump: China hasn't manipulated its currency China does carefully manage its currency to keep the yuan at a stable and targeted value through a host of measures, chiefly through buying and selling USA dollar bonds and controlling the outflow of yuan from its borders. "China will bear virtually the entire burden of that through the currency manipulation and by slashing prices", Navarro said. "You can debate whether that was the right choice",... [Full Article...]

Does the Impossible Whopper really taste like the real thing?

Does the Impossible Whopper really taste like the real thing? CBS correspondent Tom Hanson asked Gonzalez, "If someone were to set this in front of you and tell you this is a normal burger, would you believe them?" These burgers are the makings of food chemistry at its finest, and include ingredients that attempt to mimic the flavor, aroma and even the "bleeding" color of meat . [Full Article...]

China exports recover despite trade war

China exports recover despite trade war China's economy is slowing - partly because President Donald Trump has slapped tariffs on $250 billion worth of Chinese imports - and market pressures are pulling the currency down. The decision is a step toward what could become an unusual kind of currency war, in which the US would intervene to counteract the effects of China's weakened currency, or both countries even take steps to incre... [Full Article...]

Foxconn Forces Students to Work Overtime to Build Amazon Devices

Foxconn Forces Students to Work Overtime to Build Amazon Devices The computing student, whose job is to apply a protective film to about 3,000 Echo Dots each day, said her teacher initially informed her that she'd be working eight hours a day, five days a week, but now she is required to work 10 hours a day - including two hours of overtime - six days a week. [Full Article...]


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