Business

Donald Trump to impose tariffs on China

Donald Trump to impose tariffs on China

It remains unclear when Trump will activate the tariffs if he decides to do so. The Upstate House members warned in their letter to Ross and the International Trade Commission that a final ruling to impose the tariffs "has the potential to destabilize the industry and accelerate the decline of print news media".


Oil prices fall as US, Russia supplies grow

Oil prices fall as US, Russia supplies grow

Saudi Arabia's output rose by 85,500 barrels per day in May, according to the cartel's monthly report out Tuesday. The news comes on the heels of Russian media reports that the country's oil production recovered to 11.1 million barrels.


Sanford loses primary to challenger Arrington in 1st congressional district race

Sanford loses primary to challenger Arrington in 1st congressional district race

Republicans, meanwhile, appear poised to nominate Adam Laxalt , the state's attorney general and the son of former New Mexico Sen. The only public poll so far in the race, a February 21-24 Gravis Marketing survey, found Heitkamp barely leading, 43 percent to 40 percent, among registered voters in the state.


Rents pricing out minimum-wage workers across the USA, report says

Rents pricing out minimum-wage workers across the USA, report says

The Washington Post breaks down the report like this: There is nowhere in the country where someone working a full-time, minimum-wage job could afford to rent a modest two-bedroom apartment. Colorado's minimum wage is $10.20. All of these states have minimum wages higher than the federal minimum wage, but if you're looking for housing outside of the 22 counties, even these higher minimum wages aren't enough.


Toyota to invest $1 billion in ride-hailing service Grab

Toyota to invest $1 billion in ride-hailing service Grab

This is not Toyota's first foray into ride-hailing. "Ride-sharing is coming. For vehicle companies, this is a painful reality". Prior to this, Toyota has also invested in Grab (and its former rival Uber ). The two companies already had a relationship: Toyota's trading arm invested an undisclosed amount in Grab previous year. The carmaker first invested an undisclosed amount in Grab in August past year, after it invested in US-based Uber in 2016 in a partnership for a financing programme ...


Boring Company to build Chicago high-speed airport link

Boring Company to build Chicago high-speed airport link

The company has stated that its electric pods would travel at 125-150 miles per hour. As for how much it would cost Chicago travelers to ride on the system, the Boring Company says that while it's not yet finalized, the fare "will be less than half the typical price of taxi/ride-share services", but higher than the city's Blue Line train from O'Hare - which now costs $5, as a special fare.