Saturday, August 24, 2019

Photograph by Xaume Olleros/Bloomberg Text size Lashing out on Twitter against China’s plan to impose retaliatory tariffs against U.S. products, President Donald Trump made this demand: “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.” The…
A bird’s eye view of the new Popeye’s fried chicken sandwich, photographed at the Colorado Boulevard store in Denver. (Josie Sexton, The Denver Post) Perhaps no chicken sandwich in the history of fast food has been as hyped as the one introduced this month by Popeyes. In mid-August, after Popeyes rolled out a fried chicken…
Some footwear industry's executives are pushing back against White House Economic Advisor Peter Navarro over recent statements he made on China’s currency devaluation. Last week on CNN Navarro said the Chinese yuan drop against the U.S. dollar has already covered the cost of the additional 10% tariffs.Footwear groups like the Footwear Distributors and Retailers of America (FDRA) said that…
Disney and Sinclair Broadcast Group have formally closed their $9.6 billion transfer of 21 regional sports networks once owned by 21st Century Fox. In order to close its $71.3 billion acquisition of most of Fox, Disney agreed to sell off the RSNs so as to avoid monopoly issues given the scope of its ESPN holdings.…
Photo: Francois Mori / APMore than a year ago, Facebook CEO Mark Zuckerberg laid out on his personal page a “timeline” related to the Cambridge Analytica “situation.” But he omitted a key piece of information, which was finally made public on Friday. As reported in March, internal emails show a Facebook employee warned the company…
Asia Screengrab of a video of Rebecca Sy, the head of Cathay Dragon's Airlines Flight Attendants' Association, speaking at a press conference on Aug 23, 2019. 23 Aug 2019 02:03PM (Updated: 23 Aug 2019 04:23PM) HONG KONG: Cathay Pacific Airways, which is caught in the crosswinds between authorities in Beijing and protesters in Hong Kong, must…
JACKSON HOLE, Wyo. (Reuters) - When Federal Reserve Chair Jerome Powell speaks in Jackson Hole, Wyoming, on Friday, traders will comb through his remarks for clues on whether the U.S. central bank will deliver more rate cuts this year. FILE PHOTO: Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve's two-day…
By Mikey Campbell Thursday, August 22, 2019, 07:56 pm PT (10:56 pm ET) With its sleek white finish, deep etchings and flush surfaces, Apple's titanium Apple Card is quite the looker. The card's durability is now question, however, as early customers report significant signs of wear after just one month. What appears to be a…
Photo: Tibrina Hobson / Stringer (Getty)Apparently taking Amazon’s lead, DoorDash announced a revised pay model on Thursday that should fetch its couriers “more money on average,” according to DoorDash CEO Tony Xu—that is, compared to the previous tip-skimming operation the company has been getting chewed out over for months.With this older model, the food delivery…
Iowa again reigns “King Corn.” After falling behind Illinois in 2018, the Hawkeye State’s corn yields prove dominant over all previous 2019 Pro Farmer Crop Tour state estimates. Iowa soybean pod counts take second, just below Nebraska’s, but still prove to be impressive. Minnesota, while not the winning awards for biggest crops this year, is…
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