Business

Carlos Ghosn comes down with fever in jail, halting interrogation

It also reported, citing unidentified investigation sources, that Ghosn had discussed the possibility of extending a three billion yen (S$37.5 million) loan to a business run by a Saudi acquaintance who later provided collateral for a personal investment.

Business

China says trade talks with U.S. set foundation to resolve concerns

The negotiations in Beijing this week were "extensive, deep and detailed", China's commerce ministry said. The US delegation, led by Deputy Trade Representative Jeffrey Gerrish, included representatives from the departments of energy , agriculture, treasury and commerce, while the Chinese side was led by Commerce Vice Minister Wang Shouwen.

Business

Tesla CEO Elon Musk Offered Residency by China

Li also promised that his country would become increasingly open to more foreign companies and investment. "I love China and want to come here more often", Musk said during the meeting, the Hong Kong-based newspaper reported . Tesla broke ground on Monday in Shanghai on its first factory outside the United States. In 2016, around 10,000 were awarded to foreign nationals.

Business

Rare penny found in Pittsfield selling for $120,000

Mint , has been described as the " most famous" coin made in error, according to Heritage Auctions . A rare coin given to a high school boy as change from his lunch money is expected to fetch $2.3 million at auction. Lutes knew his coin was rare and held on to it. He also contacted the Treasury Department about his find but the Mint steadfastly denied any copper specimens had been struck in 1943.

Business

2019 iPhones’ big feature will be an extra camera lens

Increased competition from local phone producers in China, where Apple makes 20 per cent of its total revenue, have hit the company's ability to keep growing in the market, chief executive Tim Cook told shareholders last week. WSJ does state that Apple is too deep into the product planning for this year's phones, so the company isn't changing major features like the display on the iPhone XR yet.

Business

United States shutdown bites as federal workers miss payday

Lawmakers tried to reassure federal employees that Congress was aware of the financial hardship they are enduring. Trump's visit was met by protesters who rallied on both sides of the border-in Reynosa, Mexico , and in McAllen, Texas. "Do you take an oath to the Constitution, or do you take an oath to President Trump?" The emergency funds had been set aside for California in the wake of devastating wildfires that tore through 1.8 million acres in the state this year, as well as Puerto ...


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