• U.S. confirms punitive tariffs of almost 300% on Bombardier planes
U.S. confirms punitive tariffs of almost 300% on Bombardier planes

Commerce Secretary Wilbur Ross said the decision was based on a "full and unbiased review of the facts in an open and transparent process". Shortly after the preliminary Commerce Department rulings in the fall, Airbus and Bombardier agreed to a partnership in which Airbus is to become a 50.01% owner of the C Series program.

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  • Ryanair pilots in Germany are going on strike just before Christmas
Ryanair pilots in Germany are going on strike just before Christmas

Ryanair pilots in Germany are set to strike for four hours tomorrow, saying that all flights planned by German airports during the period will be affected. "It'll be around security, terms of conditions of employment for our Ryanair pilots". Earlier on Thursday, Europe's largest discount carrier sent a letter confirming that the Impact union wi...

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  • Long Island Iced Tea will now be known as Long Blockchain
Long Island Iced Tea will now be known as Long Blockchain

Shares in a tiny USA soft drinks firm, Long Island Iced Tea Corp, have quadruple in value in just one day after it changed its name to Long Blockchain Corporation, the latest move by a string of obscure companies rebranding themselves in an attempt to ride the bitcoin bubble.

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  • European Court of Justice proclaims Uber a taxi company
European Court of Justice proclaims Uber a taxi company

Uber has taken the fight to regulators and established taxi and cab companies, expanding from a Silicon Valley startup to a business with a valuation of $68 billion. "They have always said they are just a conduit between the driver and the passenger". Today's ruling resolves much of that years-old case. "To be considered a transport company will ...

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  • Swansea boss Clement focused on 'massive' Crystal Palace clash
Swansea boss Clement focused on 'massive' Crystal Palace clash

Yet after surviving, Swansea sold their best player Gylfi Sigurdsson in August and have struggled without him this term, winning just three of 18 league matches. "We conceded stupidly off a corner by not marking a man properly, one or our lads lets him go to score, and to recover from that it is very hard in the Premier League", he said.

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  • Shipping deadlines for last-minute Christmas gifts
Shipping deadlines for last-minute Christmas gifts

A Which report out today reveals how deliveries ahead of Christmas are not arriving as planned, with consumers reporting lengthy delays, damaged packages and poor communication . The final date for delivery from an Post before Christmas is Saturday, December 23, with services resuming on Thursday, December 28th. "We're making it easier for cust...

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  • New York State Population At 19.849M, Census Says
New York State Population At 19.849M, Census Says

The decrease was a tiny fraction of Illinois' total population of just over 12.8 million. New York's population count continued to benefit from new immigrants, though the state also continued to lose residents to other states. The U.S. territory of Puerto Rico also took a hit in population numbers. Pennsylvania now has a new title as the fifth-...

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  • Uber dealt a major blow by European Union ruling
Uber dealt a major blow by European Union ruling

In the decision, the court determined that Uber, which connects drivers with riders through a smartphone app for payments, "must be regarded as being inherently linked to a transport service". In 2014 a taxi company in Barcelona asked a court to impose penalties on Uber for engaging in unfair competition, claiming that its low-priced UberPop serv...

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  • AT&T Plans $1000 Bonus to Workers if Trump Signs Tax Bill
AT&T Plans $1000 Bonus to Workers if Trump Signs Tax Bill

In his statement, AT&T chief executive Randall Stephenson called the new tax plan a "monumental step". AT&T said there was no link between the $1.2 billion investment and the DOJ review. "They also claimed that the corporate tax plan would produce new jobs in the U.S.as companies return work from offshore". Stephenson last week stepped down ...

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  • General Mills, Inc. (GIS) Boosts Sales Forecast Amid Solid Q2 Results
General Mills, Inc. (GIS) Boosts Sales Forecast Amid Solid Q2 Results

The stock gained 7.28 percent over the past month and fell -6.7 percent year-to-date. The company's quarterly revenue was down 3.6% on a year-over-year basis. 389.74 million shares or 0.52% less from 391.76 million shares in 2017Q1 were reported. LONDON CO OF VIRGINIA also announced decreased position in General Mills, Inc .

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  • Hotel Reportedly Charges Woman $350 After She Writes Negative Review
Hotel Reportedly Charges Woman $350 After She Writes Negative Review

They claimed the room was unkempt, telling WRTV "it looked like it hadn't been cleaned since the last people stayed there". Arthur, who quickly realized the room had no water pressure or working air conditioner, was ultimately left to clean the room herself since hotel staff were nowhere to be found.

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  • Threat of strike action by Ryanair pilots remains following meeting
Threat of strike action by Ryanair pilots remains following meeting

Ryanair RYA.I sees chances for new bases in France and Scandinavia thanks to its move to recognise unions, the Irish low-priced carrier's Chief Executive Michael O'Leary told Reuters on Tuesday. Arriving for the meeting, Mr Harbor said they expected the company would confirm its decision to recognise the union for negotiating purposes. The uni...

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  • US existing home sales jump to 11-year high
US existing home sales jump to 11-year high

After posting a small increase in September, on-market inventory has now continued to slide for the past two months, declining 2.4 percent in November to 1.72 million units (SAAR), the lowest number since the data begin in 1999. "The fundamentals remain favorable, with mortgage rates still low and the labor market very strong", Mr. Shepherdson said...

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  • Bitcoin Cash: Scandal erupts as Coinbase investigates claims of insider trading
Bitcoin Cash: Scandal erupts as Coinbase investigates claims of insider trading

Bitcoin cash emerged earlier this year amid a split between factions in the cryptocurrency space over proposed software upgrades to the blockchain technology underpinning bitcoin. A message from Coinbase CEO Brian Armstrong said the company's ethics policy "prohibits employees and contractors from trading on 'material non-public information, ...

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  • Oil crawls up as United Kingdom pipeline still out, U.S. supply limits gains
Oil crawls up as United Kingdom pipeline still out, U.S. supply limits gains

Sign up here for free access to 7 articles per month + twice daily business email alerts. WTI and Brent were trading up earlier in the day as an Ineos press release foretold of weeks of delays on its Forties pipeline as custom parts are built, causing the pipeline to be shut down until then after a crack had been discovered.

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  • Toys R Us could go into administration
Toys R Us could go into administration

Questions were also raised about why the chain's United Kingdom arm wrote off £584.5m in loans owed by a Toys R Us firm based in the British Virgin Islands and how it might impact the pension scheme. However, the PPF's support is needed for the CVA to be voted through at a meeting of creditors scheduled for 19 December. Concerns have also been ra...

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  • CME Bitcoin Futures Price Above $20k in First Day Trading
CME Bitcoin Futures Price Above $20k in First Day Trading

The Cboe futures contract is based on a closing auction price of bitcoin from the Gemini exchange. The cryptocurrency rose as high as $19,694 yesterday, according to Coindesk , which takes into account prices at several exchanges. And, as previously reported, other institutional giants including Nasdaq and Wall Street's Cantor Fitzgerald ...

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  • Bombardier, Boeing square up at USA trade tribunal over C-Series
Bombardier, Boeing square up at USA trade tribunal over C-Series

At the hearing Monday, Boeing said that Bombardier's use of Canadian public cash had allowed it to discount its planes to the point that Boeing's new 737s were not as competitive in the U.S. It has not made a plane sized to Delta's needs for many years, since it stopped producing the 717 and 737-600. Bombardier estimates that the new Alabam...

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  • Richard Branson is now the chairman of Virgin Hyperloop One
Richard Branson is now the chairman of Virgin Hyperloop One

Hyperloop One has said it plans to work towards having three Hyperloop systems in service by 2021. Branson took the board seat in place of the startup's scandal-beleaguered co-founder Shervin Pishevar, who is now devoted full time to a PR battle, amid allegations of sexual assault .

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  • White House blames North Korea for cyberattack
White House blames North Korea for cyberattack

The vulnerability was first discovered by the National Security Agency (NSA), which wrote WannaCrypt , the ransomware used in the attack. Jeanette Manfra, assistant secretary for the office of cybersecurity and communications at the Department of Homeland Security, announced that the federal government was planning to significantly expand its ro...

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