Business

Business

Spanish PM to unveil measures to fight Catalan separatists

APTOPIX Belgium Europe Summit

BARCELONA, Spain (AP) — Spain’s prime minister says his government will unveil specific measures Saturday to halt Catalonia’s independence bid but refused to confirm if that included plans to hold a regional election in January. The opposition Socialists are supporting the conservative government’s...


Business

NOT REAL NEWS: A look at what didn't happen this week

Not Real News

A roundup of some of the most popular, but completely untrue, headlines of the week. None of these stories are legit, even though they were shared widely on social media. The Associated Press checked these out; here are the real facts: NOT REAL: Illegal Alien Charged With California Wildfire That...


Business

Trump promises tax cuts as Senate GOP paves way with budget

Congress Budget

WASHINGTON (AP) — President Donald Trump promised tax cuts Friday “which will be the biggest in the history of our country” following Senate passage of a $4 trillion budget that lays the groundwork for Republicans’ promised tax legislation. Republicans hope to push the first tax overhaul in three...


Business

KFC Twitter follows 11 Herbs and Spices, intrigues internet

KFC Twitter

LOUISVILLE, Ky. (AP) — A Twitter user has earned kudos online for discovering a subtle message on KFC’s account. The KFC account follows just 11 users; five of them are former members of the Spice Girls and the other six are men named Herb, including Green Bay Packers cornerback Herb Waters and...


Business

U.S. registers largest fiscal-year budget shortfall since 2013

(c) 2017, Bloomberg. The U.S. posted its largest budget deficit since 2013 in the fiscal year that just ended, as a pickup in spending exceeded revenue gains. The federal government’s gap grew to $665.7 billion in the 12 months through Sept. 30, compared with a $585.6 billion shortfall in fiscal...


Business

Bitcoin nears $6,000 as bulls refuse to blink at regulation

(c) 2017, Bloomberg. Bitcoin closed in on another milestone Friday, as the digital currency approached $6,000 for the first time to put its gain in 2017 to more than 500 percent. As bitcoin continues climbing, Twitter users are speculating that the rise could be driven by everything from a cash...


Business

Pesky spam filter is behind Taser maker ghosting the SEC

(c) 2017, Bloomberg. Check your spam box. It could be the SEC. That’s the lesson learned this week by Axon Enterprise, the company best known for its Taser stun guns. Late Thursday, Axon announced that “due to miscommunication issues,” the company has just become aware of SEC requests regarding its...


Business

Ikea recalled millions of dressers that were killing toddlers. This family found out too

(c) 2017, The Washington Post. Jozef Dudek had just been put down for a nap at home in Buena Park, California, when his father went to check on him - and made a horrifying discovery: The 2-year-old was crushed under an Ikea dresser and could not be revived. The toddler’s death on May 24, the...


Business

Pressure mounts on Morneau to ditch Canadian pension proposal

(c) 2017, Bloomberg. Canadian labor groups are calling on Finance Minister Bill Morneau to kill a proposed law allowing so-called target benefit pension plans amid a deepening outcry over his personal finances. The finance minister introduced Bill C-27 a year ago to allow creation of the plans,...


Business

When Wall Street looks pricey, rest of the U.S. thrives

(c) 2017, Bloomberg View. In the glory days of the early 1980s, stocks and bonds were cheap and Wall Street became the center of the American economy. But those cheap asset prices did a lot of structural damage to U.S. society, some of which is still becoming clear. The pricey stock market and...


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