Business

Business Inspite of Double the Bookings, Uber lost $2.8 Billion in FY16!
Author: 0 Inspite of Double the Bookings, Uber lost $2.8 Billion in FY16!

Of that $20 billion, Uber says $6.5 billion is net revenue, excluding its costs in China. Uber also declined to disclose its first quarter business numbers, but had previously said during a call with reporters that they continue to climb in the face of Uber's numerous challenges .

Business Power problem leaves train stuck in Hudson River tunnel
Author: 0 Power problem leaves train stuck in Hudson River tunnel

The stuck train spent three hours in the tunnel before it returned to Penn Station, where six people were treated for minor medical issues, officials said. "It was scary as you can see it's a mess here", one person said. "Everybody was really scared". "Witness Kaitee Daly, who was at Penn Station, said: "[My] heart is still racing.

Author: 0 Assad calls chemical attack '100 percent' fabrication

Assad this week said the reports on the recent chemical strike were "a "fabrication" to justify a USA strike on his forces". "Our impression is that the West, mainly the United States, is hand-in-glove with the terrorists", Assad said, according to the wire service.

Business Billings fifty, Anderson cameo take Delhi to 188
Author: 0 Billings fifty, Anderson cameo take Delhi to 188

The Big show was a no-show, Glenn Maxwell was out for a duck and that really hurt them. Miller then survived a low catch by Zaheer off Corey Anderson but failed to capitalise and got out to the same bowler trapped in front off a full toss after facing 28 balls and hitting a four.

Author: 0 Activists marking Tax Day by demanding Trump release taxes

The marches and rallies here and beyond correspond with the traditional deadline for filing income taxes: April 15. Trump, who spent the morning at his Florida golf course, avoided several hundred protesters when his motorcade took a circuitous route back to Mar-A-Lago, his Palm Beach, Florida, estate.

Author: 0 Tax March NYC: Photos from the Bryant Park demonstration

Activists are marking Tax Day in MA by converging on Cambridge Common to demand President Donald Trump release all of his tax returns. Some say Trump's tax returns might show he has paid little or nothing to run the government he now heads, or that he was deeply indebted to Russian, Chinese or other foreign interests.

Author: 0 Tesla semi-truck to officially appear in September

Musk has previously said last year that the company was working on developing an electric truck but has since been providing very few details, saying that it would have self-driving capabilities like the other new Tesla models. Such a valuation goes against the company's recent performance: in 2016, Tesla recorded a net loss of over $675m, while both GM and Ford recorded multi-billion dollar profits.

Author: 0 Mobile, Comcast, Dish acquire spectrum in airwaves auction: FCC

T-Mobile will pay $7.99 billion for 1,525 licenses spread throughout the country, according to the results announced today . The auction of radio frequencies netted the USA government a total of $19.8 billion as it handed out licenses to mobile carriers and internet service providers that placed bids.

Business Bond between Trump, Xi in meetings played role in China abstention
Author: 0 Bond between Trump, Xi in meetings played role in China abstention

The Global Times , a nationalist newspaper affiliated with the Communist Party, warned that a nuclear test now would represent a "slap in the face" to the US government and could prompt China to restrict oil sales to North Korea. North Korea conducts some 90 percent of its trade with China . US President Donald Trump gave the order to strike Syria with dozens of cruise missiles "during dessert" with visiting Chinese leader Xi Jinping, he said in an interview aired Wednesday.

Author: 0 Deadline for filing tax returns is Tuesday this year

Lavance Henderson, owner of Liberty Tax Service, said individuals and families will need to make sure they have all the correct documentation when getting their taxes done - forms of income, such as W-2s, 1099s and other proofs of income.

Author: 0 Trump Repealed Federal Online Privacy Rules

The FCC privacy rules would have required home Internet and mobile broadband providers to get consumers' opt-in consent before using, sharing, or selling Web browsing history , app usage history, and other private information. Recently Congress sent proposed legislation to President Trump in regards to online privacy protections that were sent to take place at the end of the year.

Author: 0 Jobs, jabs take centre stage on first day of BC election campaign

Horgan is also promising to freeze BC Hydro rates, a pledge that comes barely a week after rates jumped by 3.5 per cent, following a BC Hydro warning in November that rates would climb another 16.5 per cent over the next four years. Weaver says his party is making an election promise with changes to real estate taxes. The $500 toll cap would also apply to the replaced Pattullo Bridge and the George Massey Tunnel, once in operation.

Business NY makes tuition free, but students must stay after college
Author: 0 NY makes tuition free, but students must stay after college

Students with families making less than $100,000 a year will be eligible for tuition-free education in the fall of 2017. That threshold jumps to $110,000 next year and $125,000 in 2019. Those students would not be eligible for the Excelsior Scholarship . "Today my friends, college is what high school was 70 years ago", noted Cuomo.

Business Dirk Nowitzki set to return for 20th National Basketball Association season
Author: 0 Dirk Nowitzki set to return for 20th National Basketball Association season

As if there was ever any question - the smile and that contract gave the secret away long ago - you now have a suitable answer: Dirk Nowitzki will return for another season in 2017-18. Nowitzki, the 2008 NBA MVP and 13-time NBA All-Star, won a title with Dallas in 2011. Ahead of Dirk in 5th place is Wilt Chamberlain at 31,419. He is also responsible for bringing the City of Dallas a championship back in 2010-11 dethroning the first year of the LeBron James Heat squad in the finals.

Author: 0 National Hockey League decision on Olympics regrettable — IOC

The league decided otherwise. "But at the same time, the legal aspect of the matter is as follows: without a permission from (NHL commissioner) Gary Bettman and (NHL deputy commissioner and chief legal officer) Bill Daly no one can leave the league, regardless of their nationality".

Business Average 30-year mortgage rate falls to 2017 low of 4.08 pct
Author: 0 Average 30-year mortgage rate falls to 2017 low of 4.08 pct

The equivalent euro area rate saw a slightly larger decline, 19 basis points, but the rate remains higher at 0.43%. Adjustable mortgage rates were mixed, with the 5-year ARM nosing higher to 3.46 percent and the 10-year ARM dipping to a three-month low of 3.78 percent.

Business US consumer prices post first drop in 13 months
Author: 0 US consumer prices post first drop in 13 months

In addition, the report stated price movements recorded by All Items less farm produce or Core sub-index rose by 15.40 per cent (year-on-year) in March. "So we will be looking for a clear rebound in April". The U.S. central bank lifted its overnight interest rate by a quarter of a %age point in March and has forecast two more hikes this year.

Author: 0 Korea may be capable of sarin-loaded missile attack: Japan

After the reports of North Korea planning a nuclear test, China on Friday warned its ally by saying such a "dangerous and irresponsible" move could lead to a breakout of conflict at any moment amid soaring tensions with the US. Trump added to the growing war of words with a tweet on Tuesday that said the North is "looking for trouble". The NSC, in a meeting on Thursday, also discussed how to cope with a possible flood of North Korean refugees into Japan, among whom might be North Korean ...

Business US Retail Sales Dip 0.2% In March Amid Lower Auto Sales
Author: 0 US Retail Sales Dip 0.2% In March Amid Lower Auto Sales

Along with the Department of Commerce , the National Retail Federation (NRF) also issued its March retail sales data, which saw that March sales saw a slight 0.3 percent increase compared to February and a 3.5 percent unadjusted annual increase, with these numbers excluding automobiles, gas stations, and restaurants.

Author: 0 Tesla's Musk announces plans for semi-truck launch

Musk, for his part, taunted investors who bet against his company as it passed Ford in market value. "Their governance is wonderful". A group of Tesla Inc investors has urged the luxury electric vehicle maker to add two new independent directors to its board, without ties to Chief Executive Elon Musk, to "provide a critical check on possible dysfunctional group dynamics".

Author: 0 Watch today's 'Splatoon 2' and 'ARMS' Nintendo Direct right here

Reports claim that the third-person shooter game " Splatoon 2 " is slated for release sometime during the summer. It's also the latest game to make impressive use of the Joy-Con's HD rumble features. Finding and submitting a big security problem could see you walking away with a cool $20,000. ARMS is a new title for Nintendo, but the first thoughts have been positive.

Business Asian stocks slip, yen and gold rise as global risks weigh
Author: 0 Asian stocks slip, yen and gold rise as global risks weigh

Japan's Topix fell 1.1 percent, led by declines in banks and insurers. USD/JPY hit 109.35, the lowest level since November 17 and was at 109.70 by 07.21 GMT. The dollar index, which gauges the U.S. currency against a basket of six major counterparts, saw choppy trading during the session but remained above the key 100 level.

Author: 0 BC election: Key developments from Day Two on the campaign trail

The soaring cost of home ownership has been a high-profile issue in B.C., and the provincial government has responded by creating several policies aimed at curbing real estate prices, including a 15 per cent buyer's tax on non-Canadians and non-permanent residents.