Markets

Emirates hands A380 superjumbo a lifeline with $16 billion order

Emirates hands A380 superjumbo a lifeline with $16 billion order

Emirates Airline has broken the Airbus A380 order drought with a Memorandum of Understanding (MoU) to purchase up to 36 of the world's largest passenger aircraft. The carrier already has 101 A380s in its fleet and had already ordered another 41. The world's largest passenger aircraft has struggled for sales in recent years, with carriers preferring twin-engine variants to serve their long-haul routes. Read More

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OnePlus says up to 40000 customers affected in credit card breach

OnePlus says up to 40000 customers affected in credit card breach

Shortly after these reports started rolling in, OnePlus posted on the forum to confirm that it was aware of the issue and that an investigation is underway. The Verge reports that the company is now working to launch a more secure credit card payment processing system before it re-enables standard payments, with hopes that this OnePlus credit card breach never happens again. Read More

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Amazon Prime Price Increases For Monthly Subscribers

Amazon Prime Price Increases For Monthly Subscribers

Those who now subscribe to the monthly plan will see the price hike take effect on their first payment after February 18. If you pay for Prime on a yearly basis, the price remains $99 per year, which Amazon last raised in 2014 . The service got even more attractive back in 2016 when Amazon launched monthly subscription models for Prime and Prime Video . That's a $12 increase per year with a yearly expense of $77.88. Read More

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Here's the interface Hawaii officials say was used during mistaken missile alarm

Here's the interface Hawaii officials say was used during mistaken missile alarm

NHK said it was not sure how numerous 300,000 followers of its "NHK News and Disaster Prevention" service saw the alert or if anyone followed the instructions. NHK issued another message within minutes calling the alert a mistake. The Hawaii Emergency Management Agency tweeted there was no threat about 10 minutes after the initial alert, but that didn't reach people who aren't on the social media platform. Read More

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Hong Kong activist Joshua Wong jailed again over protest

Hong Kong activist Joshua Wong jailed again over protest

The New York-based group Human Rights Watch (HRW) said at the time that the arrest and jailing of peaceful Occupy Central protesters raised concerns about Hong Kong's adherence to global human rights standards. Hong Kong's 20 years under Chinese rule - A failed project? It's the latest legal setback for Wong, who has been involved in multiple court cases in the aftermath of the protests, including one that also resulted in a prison sentence, which he's appealing. Read More

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Ford plans to invest 11 billion Dollars in development of electric cars

Ford plans to invest 11 billion Dollars in development of electric cars

American automobiles manufacturer Ford Motor will increase more than twice its costs for electric vehicles by boosting its investment in a segment that the automotive industry believes will grow significantly. In a report via the BBC , Ford has announced plans for a major expansion in the electric vehicle industry. Ford has said that the focus will be on creating electric versions of now existing models, although did not rule out new models on the way. Read More

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What Happened to Zuma Satellite After SpaceX Launch?

What Happened to Zuma Satellite After SpaceX Launch?

Aerospace and defense company Northrop Grumman-which worked on the mission with SpaceX on behalf of the government-told Space .com its function was "restricted" and was being fired into "low-Earth orbit". Last year was a banner year for the private space company with 18 launches. A spokesperson for the huge defense contractor declined to comment on Zuma after Sunday night's launch. Read More

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Kenya open sales for NY flight

Kenya open sales for NY flight

The service will be operated by a Boeing 787-8 Dreamliner, which will traverse almost 7,400 miles of land and sea. "With over 40 American multinationals located in Nairobi and many more across Africa, the launch of daily flights is expected to further spur trade between America and Africa", the statement announcing the launch of the ticket sales reads. Read More

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China has Shut Down The Marriott Website

China has Shut Down The Marriott Website

China's internet regulator, the Shanghai Cyberspace Administration , said Friday on its official WeChat page that after receiving reports from internet users, it had ordered the Chinese operators of Zara .cn and Medtronic .com to rectify "illegal contents" on their websites, and to issue a public apology before 6 p.m. Read More

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Ford F-150 diesel aims for 30 mpg at EPA

Ford F-150 diesel aims for 30 mpg at EPA

It's the first time the F-150 has ever had a diesel engine. The same compacted-graphite iron block material and forged steel crank as used in the 2.7-liter EcoBoost has been carried over to the V6 diesel, too. Diesel also is an option on rival Ram and Nissan full-size trucks, which means Ford is playing some catch up in that size class, though its F-150 is the nation's best-selling vehicle. Read More

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CBP Computer Outage Prompts US Airport Delays

CBP Computer Outage Prompts US Airport Delays

An outage hit the Customs and Border Protection's (CBP) computer systems and left global travellers waiting in long lines at airports throughout the USA last night. All airports are now back on line. Making the situation worse is that Monday was a busy day, with a lot of people returning home from the holiday. Footage has been posted of passengers clogged up in queues as they wait for word on when the computers will be back up and running. Read More

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India manufacturing PMI rises to 5 year high in December

India manufacturing PMI rises to 5 year high in December

This was consistent with the strongest improvement in the health of the sector since December 2012. China is expected to have grown by close to 7 percent in 2017, but the world's second largest economy is likely to slow in the new year on the back of those measures, highlighted as policy priorities at October's key Communist Party congress. Read More

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Ohio's Minimum Wage Increases In 2018

Ohio's Minimum Wage Increases In 2018

The minimum wage in Erie and other upstate counties - not including Westchester, Suffolk and Nassau Counties and New York City - increased to $10.40 per hour Sunday. There is also a misconception that those working minimum wage jobs are mostly young people, but that's not true. However, the minimum wage increases only apply to restaurants that are part of a chain of 30 or more locations nationwide. Read More

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Powerball jackpot reaches $337 million

Powerball jackpot reaches $337 million

The win marks the 48th time a Missouri Lottery player has won a $1 million Powerball "Match 5" prize since January 2012. There was no victor in Tuesday night's drawing. There were 322,157 tickets sold that won at least $4 in the drawing. And there's another big jackpot up for grabs Wednesday. Odds of winning the jackpot are one in 292.2 million. Read More

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US Jet Slides Off Taxiway at Boston Airport

US Jet Slides Off Taxiway at Boston Airport

We just skidded on the ice", the pilot responded, when asked whether emergency services would be required, ABC News reported. Corbett says, despite the terror people felt as they plane slid off the pavement, everyone stayed calm. The plane finally came to a stop between two runways. Passengers were jostled, but none were hurt. They were then taken to the airport terminal by bus. Read More

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Kulbhushan Jadhav thanks Pakistan govt for allowing him to meet his family

Kulbhushan Jadhav thanks Pakistan govt for allowing him to meet his family

In India, officials however downplayed the comments by the Pakistani minister, maintaining that an Indian diplomat was only accompanying Jadhav's family and it can not be construed as "consular access". All the information about the meeting emerged through Pakistani Foreign Ministry tweets and images. Jadhav's wife and mother greeted the media persons after arrival but refused to respond to their questions. Read More

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What happened with Bitcoin Cash and Coinbase?

What happened with Bitcoin Cash and Coinbase?

Buys and sells on Coinbase , the largest cryptocurrency exchange in the U.S., were disabled for a little over two hours Friday amid a massive cryptocurrency sell-off. On Tuesday, Coinbase surprised many by announcing it was launching trading in the bitcoin offshoot, bitcoin cash. Bitcoin's price has climbed back up to around $12,800 as of the time of publishing, and Coinbase noted that buying and selling may still be blocked. Read More

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Iced Tea Company Changes Name to

Iced Tea Company Changes Name to "Long Blockchain", Stock Immediately Skyrockets

Literally just say the word " blockchain ", apparently. Long Blockchain will focus on "the exploration of and investment in opportunities that leverage the benefits of blockchain technology", according to a statement from the company. It now trades up 126 percent over its pre-announcement value. Shares in the company were up 180 percent to $6.83 in afternoon trading on the tech-dominated Nasdaq. Read More

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Ryanair Strike Remains On For Now

Ryanair Strike Remains On For Now

On Saturday evening Ryanair issued a statement, offering to meet the union and their Ryanair Pilot Committee on Tuesday "if that would suit them better". It is the first time Ryanair boss Michael O'Leary has extended such an invitation to union leaders in the 32 years the company has been flying. It has asked the airline to release its pilot representatives so they can prepare for and attend the meeting. Read More

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Salvation Army bell ringer brings goat with him

Salvation Army bell ringer brings goat with him

The Salvation Army of Metro Detroit's overall fundraising goal is $7.85 million, and as of Friday, the organization has raised more than $3.5 million toward that goal. "Without sufficient donations to the kettle campaign, I am concerned about our ability to meet the need for social services and continue providing the same level of service across the region", said Stephen Banfield, that division's commander. Read More

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