• Eurogroup seals historic agreement on Greek debt relief
Eurogroup seals historic agreement on Greek debt relief

The ministers also agreed that Greece could defer repayment of part of the loans by 10 years. "A new chapter is opening for the country, but that does not mean that we should abandon the prudent path of fiscal balance and structural reforms our country needs", Tsipras said in statements broadcast live on Greek public broadcaster ERT.

Read more

  • Erdogan claims victory in Turkish election - but opponent disputes, claims manipulation
Erdogan claims victory in Turkish election - but opponent disputes, claims manipulation

However, Ince said the results carried on Anadolu were not a true reflection of the official vote count by the country's electoral board. With almost 80 percent of the country's ballot boxes counted, Erdogan was at 54.3 percent of the vote, with his main rival Muharrem Ince at 29.9 percent, according to the state-run Anadolu news agency.

Read more

  • Crypto Exchange Bithumb Hacked, Loses $31.5M
Crypto Exchange Bithumb Hacked, Loses $31.5M

Reacting to the hack, Bitcoin shed off nearly $200 in value within the hour after news of the hack broke, undoing the positive gain achieved in the 48 hours prior to the hack. Thus, some experts declared that the hack was responsible for the decline. On this basis, the expectation is that the Bithumb hack is already priced into bitcoin on mos...

Read more

  • Opec’s challenge - to pump more oil while keeping deal in place
Opec’s challenge - to pump more oil while keeping deal in place

Iran's oil minister, Bijan Namdar Zanganeh, questioned this week whether OPEC is united enough to reach any agreement, and said Trump had politicized the debate over oil prices . He said the meeting would tackle over-compliance with oil output cuts and that Iran was "very cooperative". "We're in comprehensive talks with all ministers, especia...

Read more

  • European Union tariffs on United States goods come into force
European Union tariffs on United States goods come into force

Cecilia Malmstrom, the EU's trade commissioner, acknowledged that the European Union had targeted some iconic American imports for tariffs, like Harley-Davidson motorcycles and bourbon, to "make noise" and put pressure on US leaders. President Trump imposed tariffs of 25 percent on steel imports and 10 percent on imported aluminum from the European...

Read more

  • China to 'fight back' against any threatened United States tariffs
China to 'fight back' against any threatened United States tariffs

Navarro said the main problem regarding China's unfair trade practices stems from its targeting of the "crown jewel" of USA technology. He notes that the US imports more from China than China imports from the U.S. Padilla said the API was talking to the Trump Administration about its concerns. "It's not easy but we're getting there", he told a gr...

Read more

  • Elon Musk Reckons A Saboteur Has Been Dicking Around With Tesla Production
Elon Musk Reckons A Saboteur Has Been Dicking Around With Tesla Production

In the company-wide email titled "some concerning news", Musk revealed that one of his employees became disgruntled over an internal company decision, prompting his malintent. The Tesla boss' email follows several weeks of sustained skirmishes with journalists and ordinary users on Twitter, and the announcement of a creation of a crowdsourced cr...

Read more

  • VW names Bram Schot as interim Audi CEO
VW names Bram Schot as interim Audi CEO

Stadler's arrest is the latest blow to the Volkswagen group, which has struggled to shake off the dieselgate crisis and continues to face a litany of investigations at home and overseas. The second suspect is Bernd Martens, Audi's head of purchasing, according to a person familiar with the investigation who declined to be identified because pro...

Read more

  • Marin among nation's top three most expensive places for renters
Marin among nation's top three most expensive places for renters

The National Low Income Housing Coalition report shows that to afford a two-bedroom apartment in Charlotte, a worker would need to earn $18.60 an hour. The same worker would still need to work 99 hours a week every week of the year to afford a one-bedroom. The national housing wage is $22.10 for a two-bedroom and $17.90 for a one-bedroom rental.

Read more

  • China promises fast response if United States hurts its interests
China promises fast response if United States hurts its interests

The tariffs will target technology industries where China hopes to become a world leader, after an investigation uncovered rampant intellectual property theft by Chinese companies against U.S. The trade spat could boost prices for raw materials and food, leading to higher rates of inflation and a potential recession, according to Gary Cohn, Trump's...

Read more

  • Judge approves AT&T's $85.4 billion acquisition of Time Warner
Judge approves AT&T's $85.4 billion acquisition of Time Warner

The sheer scale of the deal is what led the Justice Department to file an antitrust lawsuit to try to prevent the merger. U.S. District Judge Richard Leon rejected the government's argument that the AT&T-Time Warner combination would hurt competition in pay TV and cost consumers hundreds of millions of dollars more to stream TV and movies.

Read more

  • Bitcoin falls most in three months after Korean exchange hacked
Bitcoin falls most in three months after Korean exchange hacked

News reports said Coinrail , launched in September, was the seventh-largest exchange in South Korea by trading volume. On the Luxembourg-based Bitstamp, bitcoin was last trading at $6,763.96, down a sharp 11.2 per cent from Friday, having fallen roughly 65 per cent from its all-time peak hit around mid-December 2017.

Read more

  • Trump won't endorse G7 joint statement, attacks 'weak & dishonest' Trudeau
Trump won't endorse G7 joint statement, attacks 'weak & dishonest' Trudeau

Within minutes of the official release of the document, Trump attacked Trudeau on Twitter over what he described as the prime minister's "false statements" during the closing G7 news conference - and the president announced the USA would no longer endorse the communique.

Read more

  • Commerce Secretary: US reaches deal with China's ZTE
Commerce Secretary: US reaches deal with China's ZTE

In addition, the company is agreeing to retain a team of special compliance coordinators selected by US regulators. Some officials involved with the negotiations have said they were unrelated to the ongoing trade talks between the US and China, but others have suggested that ZTE was a bargaining chip for the USA and that China could make other co...

Read more

  • New flying auto backed by Google co-founder is ready for takeoff
New flying auto backed by Google co-founder is ready for takeoff

Cora is a double air taxis equipped with electric motors. Kitty Hawk's first flying auto is called the 'Flyer , ' and it's super easy to learn how to fly it. The model is meant to be used for recreational purposes and is not to be utilized as a means of transportation. It can fly only for about 20 minutes on a full charge.

Read more

  • ABC Cancels Hit Sitcom 'Roseanne' After Racist Tweets From Show's Star
ABC Cancels Hit Sitcom 'Roseanne' After Racist Tweets From Show's Star

Ambient doesn't imply 'susceptible to creating racist feedback, ' but it surely does imply 'of the encircling space or atmosphere, ' " they tweeted. "Gee, he never called President Donald J. while also still being similar enough to attract some diehard fans of Roseanne . It was Barr's earlier tweet about Jarrett that caused outrage and ult...

Read more

  • GitHub Reportedly Acquired By Microsoft
GitHub Reportedly Acquired By Microsoft

In any case, it would certainly be a strategic move for Microsoft, which has a substantial developer base of its own. Microsoft (msft) is expected to announce later today that it has acquired GitHub , a code repository. And as CNBC points out, data from GitHub could also help Microsoft better its artificial intelligence capabilities. Convers...

Read more

  • Vermont will pay people $10000 to move there and work remotely
Vermont will pay people $10000 to move there and work remotely

In addition to the program , Vermont has also launched another program, called Stay to Stay Weekends , that is aimed at getting the state's 13 million annual tourists to relocate to Vermont. Only workers who become full-time Vermont residents after January 1, 2019, will be eligible. But they better hurry. The grants will be distributed on a first...

Read more

  • Trump to remove tariff exemption from EU, Canada, Mexico
Trump to remove tariff exemption from EU, Canada, Mexico

During a speech in Brussels, Jean-Claude Juncker, president of the European Commission, promised to announce retaliatory sanctions later on Thursday. Noting her discussions with US officials, she said. The United States' launch of a tariff probe into vehicle imports last week was also seen as a move created to pressure its NAFTA partners in n...

Read more

  • Record Number of Marylanders Traveling Memorial Day Weekend
Record Number of Marylanders Traveling Memorial Day Weekend

Walmart, 3404 W. Stan Schlueter Loop, had a posted price of $2.65 per gallon. A gallon of regular cost an average $2.68 Friday in the Houma-Thibodaux metro area, comprised of Terrebonne and Lafourche parishes, according to GasBuddy .

Read more

  • South and North Korean leaders in surprise meeting today
South and North Korean leaders in surprise meeting today

Mr. Trump later tweeted that the summit, if it does happen, will likely take place on June 12 in Singapore as originally planned. Seoul's Blue House says it's "carefully" watching the developments between Washington and Pyongyang. "He's hit the ground running and he's doing everything he can to get that summit back on track". The two sides ...

Read more

  • Fiat Chrysler recalling 4,800,000 vehicles over a defect
Fiat Chrysler recalling 4,800,000 vehicles over a defect

Regardless of which option is used, cruise control will be cancelled once the vehicle is put in park. FCA says if that specific set of events occurs, the driver might not be able to cancel cruise control. Together, the 4.8m vehicles impacted "account for more than 200 billion travel miles", the automaker says, presumably to point out that the iss...

Read more

  • Oil dips after rally, OPEC may ease supply curbs
Oil dips after rally, OPEC may ease supply curbs

Data provider Genscape Inc. was said to report that inventories fell by about 475,000 barrels between May 18 and May 22 at the key pipeline hub in Cushing, Oklahoma. "The lack of a currency response means that Canadian consumers are feeling the full impact of higher oil prices", he said. USA crude oil production has risen by more than a quart...

Read more

  • Texas considers how to prevent school shootings
Texas considers how to prevent school shootings

A church group will host a gathering at a football stadium to honor those killed and injured during a Texas high school shooting . He's referring to the memorials that have been set up outside of Santa Fe High School to pay tribute to the lives lost.

Read more

  • Mayor: NFL's new national anthem kneel policy 'un-American'
Mayor: NFL's new national anthem kneel policy 'un-American'

The policy allows the National Football League to fine clubs whose players are on the field and not standing during the anthem. " I don't think people should be staying in locker rooms, but still I think it's good ", he told Fox & Friends' Brian Kilmeade .

Read more