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Business

Twitter in pursuit of more users

Twitter said the "Show me the best tweets first" feature is optional and that users can stick with tweets rushing by like leaves on a fast-moving river, if they prefer. You are thinking, "I would be thrilled to have more than 300 million MAUs, growing at 8 percent year over year". San Francisco-based Twitter needs to spark renewed interest in its service, which at one time was the definition of trendy and up-to-the-minute.

Business

Continental follows Takata with massive airbag recall

Including the recalls announced February 3, 8.51 million Honda and Acura vehicles in the USA market have been recalled for Takata airbag inflators, the company said . About 24 million USA vehicles are being recalled for that problem, which is the largest automotive recall in US history. Honda is the automaker most affected by all of these airbag problems.

Business

Honda Recalls 2.2 Million More Airbags

National Highway Traffic Safety Administration ( NHTSA ) that the potentially malfunctioning air bags are fitted in vehicles created by Honda, Mercedes-Benz, Fiat Chrysler, Volvo Trucks North America and Mazda Motor Corp. Honda said it has two reports of people being hurt because the air bags didn't deploy. Through December, NHTSA had recalled 23 million potentially defective Takata inflators in about 19 million vehicles.

Business

Dangerous Air Bags Made By Continental Being Recalled

National Highway Traffic Safety Administration that electronic systems built from 2006 through 2010 and used in 5 million vehicles may fail and air bags may not deploy in a crash or may inadvertently deploy without warning. The parts supplier filed documents with the USA government that say certain airbag control computers can be damaged when moisture gets inside. Honda Motor Co.

Business

European markets solid as focus turns to Fed

Export prices were down 0.6% on month and 5.6% on year, the bank said, while import prices tumbled 3.0% on month and 16.6% on year. "We expect people hope to get some insight into what elevated financial market volatility means for Fed policy", Condon wrote in a note.

Business

Almost 5 million vehicles being recalled worldwide to fix Continental airbag defect

As a supplier, Continental can recall defective parts, but the automakers must conduct the actual vehicle recalls. A spokesman for the vehicle firm's Irish importer, Universal Honda Ltd, said they were still trying to clarify how many Irish customers will be affected in this latest recall.

Business

Honda and Acura Recall

This new recall action makes a total of approximately 8.51 million Honda and Acura vehicles subject to replacement of a Takata driver and/or passenger front airbag inflator in the United States. CAS changed the design of the control module in late 2010. These air bag units, produced from 2006 to 2010 , may not deploy in a crash or may deploy by accident with no warning.

Business

United States job openings rise 5% in December to near record high

Economists estimate that in December, there were 5.41 million job openings, down a bit from the 5.43 million openings reported for the prior month, according to Bloomberg. The quits rate "reflects worker optimism". In a third report on Tuesday, the Commerce Department said wholesale inventories dipped 0.1 percent in December after dropping 0.4 percent in November.

Business

Chipotle gives away burritos to regain public trust after 2015 outbreaks

Employees got their first look at the chain's new food safety procedures when the restaurants delayed their opening until 3 p.m. Chipotle's sales have slumped after not one but two E. That was the main takeaway today following Chipotle's nationwide closure for an all-company meeting. "They're doing the right thing I guess by meeting with people, doing the necessary thing".

Business

Today at Chipotle Is Going to Be Interesting

An employee told Newswatch 16 they met at an area movie theatre to learn about the company's new standards for food safety following breakouts of E Coli and Norovirus in other areas of the country. The Mexican restaurant chain's website has instructions on how you can text to receive a coupon for a free burrito. "I think it's a good way to attract people back and get there attention again", Wright said, "This happened, we're trying to fix it - here's a little incentive".

Business

Google's Alphabet takes down Apple to be named 'most valuable company'

While this was the first time Alphabet had reported consolidated results, its statement showed it paid an effective tax rate of 5% - down from 18% in the same period past year. That figure has fallen a bit after the opening bell this morning, but at $538 billion (and climbing), Alphabet still owns bragging rights over Apple .

Business

Stocks fall sharply as banks, tech sectors take a beating

The Dow Jones industrial average fell 308 points, or 1.9 percent, to 15,897 as of 12:25 p.m. Eastern Time. The Standard & Poor's 500 lost 34 points, or 1.8%, to 1,845. London's FTSE was headed to a similar close on Monday, shedding 2.7 percent in late afternoon trading. The stock index in Spain was off roughly 4 percent, while Italy's lost about 5 percent.

Business

Alphabet pulls ahead of Apple as world's most valuable company

Hours after Alphabet announced its Fourth Quarter and Fiscal Year 2015 Results , its ranking went up with a $570 billion value compared to Apple's $540 billion. "Governments make tax law, the tax authorities enforce the law and Google complies with the law", Google said in its earnings report , defending its controversial tax rates.

Business

Honda, Acura Recall 2.2 Million More Cars for Takata Airbags

In the United States alone, the tally for Honda vehicles recalled for faulty Takata airbag inflators has now reached 8.51 million vehicles. As a result, Honda said owners of affected vehicles will be alerted to the recall in an initial notification letter within 60 days.

Business

Apple To Release iPhone 5se in March

The photos of the model could turn out to be fake, but the site One More Thing has published leaked images from " Apple insiders" which turned out to be legitimate before. According to The Verge , an unglamorous photo that originally leaked via 9to5Mac could be the rumored 5SE, which may launch at an Apple event expected in late March or early April.

Business

US home prices rise in November; all-time highs in 4 cities

The index for 20 leading urban areas showed a 0.9 percent rise in the month and was up 5.8 percent year on year, with gains in all key markets. United States home price gains picked up in November with the market still supported by cheap credit and tight supplies, according to the S&P/Case-Shiller index released Tuesday, AFP reports.

Business

Zika Virus likely to spread across Americas

A spokeswoman for Merck, which will likely be one of the first makers of an Ebola vaccine , said the company was not now engaged in research to prevent or treat the Zika virus . Countries that have past or current evidence of Zika virus transmission, as of January 2016. Lastly, a previous version of this article stated the Zika virus causes microcephaly if pregnant women are infected.

Business

Top Management Rejig at Twitter!

Dorsey said he made a decision to use Twitter to deliver the news due to "inaccurate press rumors today" regarding the departure of company employees. CTO Adam Messinger, meanwhile, will be heading up engineering, consumer product, design and research, user services and Twitter mobile development platform Fabric.

Business

Google to face grilling by UK lawmakers over tax deal

They alleged that the company had deliberately based its European headquarters in Ireland, to pay a lower corporate tax rate than what it would have been required to pay in UK. "Most people filing their tax returns this month will be appalled that a multinational giant like Google can get away with effectively determining how much tax they pay and at bargain basement prices".

Business

Wal-Mart to Give Pay Increases to Most US Store Workers -- Update2

Wal-Mart said on Wednesday that its hourly workers employed as of December 31 would receive a 2 percent increase in pay. The change includes a previously-announced increase to the retailer's minimum wage, but also incorporates a plan to move forward in the calendar the annual raises that many workers would typically have received on the anniversary of their first day of work with the company.

Business

Wal-Mart Gives 1.2 Million Raises, but Critics Cry Foul

Wal-Mart Stores Inc said more than 1.2 million of its employees would get a raise in 2016 and introduced new rules allowing staff to carry over paid days off as the retailer aims to retain workers amid a tight USA labours market. Walmart broke the law when it fired 16 workers who went on strike in 2013, a judge ruled on Thursday. Scott Dobroski, a career trends analyst at jobs website operator Glassdoor, said the raise and paid time off changes should help Walmart attract employees.

Business

Demi Lovato sings for Hillary Clinton at rally that turned sour

David Brock , the founder of Media Matters and a big Hillary Clinton , is starting to attack Bernie Sanders , this time on the diversity of his newest campaign ad. Clinton's team says they're not anxious, but she's pushing back. The Blade placed calls in with the Human Rights Campaign and Planned Parenthood as well as the Clinton campaign to ask whether they're satisfied with Sanders clarification of his remarks.

Business

Walmart to raise wages for over 1 million workers

This could be part of the reason that the company announced that workers who are already earning more than $10 per hour will get their annual pay raise on February 20 instead of having to wait until their hiring anniversary as usual. Around 1.2 million employees at Walmart US and at its warehouse chain, Sam's Club, are to receive a pay increase. Walmart said the two-year plan will cost $2.7 billion, putting a dent in its bottom line, but will also serve to benefit employees, which in turn ...

Business

Wal-Mart Increasing Wages; Union Says It's All Show

While unveiling some changes in the roles and responsibilities of department managers, WalMart's President and CEO Doug McMillon indicated in his letter to the associates, raising the starting wage for most of these jobs to at least $13 an hour by summer and at least $15 an hour in early 2016.

Business

North Korea says detains US student for 'hostile act'

Yonhap news agency said the South Korean military data network will hook into that operated by United States troops, based in Osan, using a so-called Link 16 connection - a tactical data exchange system used by the US and North Atlantic Treaty Organisation nations.

Business

Wal-Mart to give pay raises to most of its workers

Wal-Mart, being the largest private employer in the USA with 2.2 million employees, has been criticized in the past for underpaying its workers. The company is also providing a free basic short-term disability plan to full-time associates who need to take time off for medical reasons, such as having a baby.

Business

Uber to launch full meal-delivery service in 10 cities

In each participating city, Uber partners with a small number of restaurants every day to offer freshly cooked meals to customers, with drivers delivering meals within just a few minutes. In Seattle, food delivery options include services like DoorDash, Peach, Lish, Munchery, Square-owned Caviar, Postmates, Bitesquad, Seamless, Gobble, GrubHub, Farmigo, Yelp-owned Eat 24, and many others.

Business

Utility: California Gas Leak to Be Stopped Ahead of Schedule

Earlier estimates had put the date sometime in March. SoCal Gas has been accused of understating the hazards of the leak, as some have raised concerns over the level of benzene being emitted into the air. But at Saturday's meeting, the South Coast Air Quality Management District made a decision to stall the plan to capture and burn gas from the leaking well until local fire officials as well as state and federal authorities have given their approval, the Los Angeles Times wrote.

Business

Australia unmasks 600 big earning companies which paid no tax in 2014

Google told the Senate its pre-tax income was $58.7 million with tax payable of $11.7 million based on its 2014 calendar year, the ATO data showed $90.9 million of taxable income and tax payable of $9.2 million, perhaps reflecting a different period.

Business

Tech titans including Tesla's Musk and cofounders of LinkedIn, PayPal pledge US$1 billion for artificial intelligence research

The co-founders are Sam Altman and Musk. Musk told  The New York Times  that OpenAI's long term goal would be to create "artificial general intelligence", a machine that would be capable of performing any intellectual task that a human being can.