South Korean President Moon Jae-in said on Monday General Motors Co’s (GM) decision to shut down a factory south of Seoul will hurt that region, and called upon his administration to take measures to boost economic activity there. GM announced last week it will shutter the plant in the city of Gunsan, in South Korea’s
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Gary Miller | Getty Images Slash performs in concert with Slash and the Conspirators at the American Airlines Center on August 22, 2014 in Dallas, Texas. Iconic guitar brand Gibson could be on the brink of bankruptcy, according to a report. The company, whose Les Paul and SG instruments have been played by generations of
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Japan’s exports grew in January for a 14th straight month led by brisk shipments of China-bound hybrid cars and electronics parts, a sign solid global demand for Japanese goods continued to underpin growth in the world’s third largest economy. Ministry of Finance (MOF) data showed on Monday that exports grew 12.2 percent in January from
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Seemingly everyone is on edge about the Federal Reserve‘s next moves — with reason. Throughout the nearly nine-year bull market run, the Fed held rates near zero. But recent signs of rising inflation could push the central bank into hiking rates more aggressively, which will have far-reaching consequences for consumers. “Inflation is accelerating and may
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SpaceX is on a collision course with the world’s biggest telecom and satellite manufacturing companies, as it steps up development of its “Starlink” network of satellites. The company will soon test its first satellites, Microsat 2a and 2b, which are headed for orbit aboard SpaceX’s planned Sunday launch from Vandenberg Air Force Base, California, according
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Payments processors Worldpay and Visa said Friday they are reversing duplicate transactions that recently caused unauthorized withdrawals for some users of cryptocurrency exchange Coinbase. “Worldpay and Coinbase have been working with Visa and Visa issuing banks to ensure that duplicate transactions have been reversed and appropriate credits have been posted to cardholder accounts,” the two
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The federal government’s immigration crackdown in California widened Friday with the announcement that a five-day sweep led to the arrest of 212 undocumented immigrants and the targeting of 122 businesses in Southern California. The action comes on the heels of raids in Northern California targeting undocumented immigrant workers. The Trump administration’s clampdown on illegal immigration
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The U.S. Securities and Exchange Commission said Friday it has temporarily suspended trading in three very tiny stocks due to questions about their cryptocurrency-related announcements. The companies announced in January that they each acquired several thousand trust units in a private equity fund called “NVC Fund” with investments related to blockchain and cryptocurrency. However, those
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Getty Images Special counsel Robert Mueller (2nd L) leaves after a closed meeting with members of the Senate Judiciary Committee June 21, 2017 at the Capitol in Washington, DC. The defendants and their “co-conspirators” used the accounts opened at PayPal and “a federally insured U.S. financial institution” to receive and send money for buying advertisements
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Russian stocks tumbled Friday afternoon after a federal grand jury indicted 13 Russian nationals and three Russian entities for alleged interference in the 2016 presidential election. The VanEck Vectors Russia exchange-traded fund (RSX), which tracks a host of publicly-traded Russian companies, fell 1.6 percent following news of the indictments. The fund is largely comprised of
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To bring “authority to your ask” for a raise, keep a record of everything you’ve contributed to the company, said She Negotiates’ Gates. For example, the human resources manager who doubled her salary came equipped to her meeting with Excel spreadsheets, which detailed all of the quantifiable differences she’d made at the company. Gates said
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Canadians will have to wait until at least early August or later to legally purchase recreational marijuana. As recently as last week, Prime Minister Justin Trudeau‘s government was insisting it was on track for legalization in July. But given a new Senate timetable to pass the legislation, Health Minister Ginette Petitpas Taylor conceded Thursday it
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