Sears Holdings is cutting its century-old ties with Whirlpool and will no longer sell the company’s products, which include Maytag, KitchenAid and Jenn-Air subsidiaries, according to an internal Sears memo sent to stores last week. The memo was reviewed by CNBC. “Whirlpool has sought to use its dominant position in the marketplace to make demands […]
Tag: business news
White House Does Not Dispute Fallen Soldier Family’s Claims
Under pressure over President Donald Trump’s reported handling of a call with the widow of an Army sergeant killed in action, the White House on Wednesday did not dispute details that have emerged about Trump saying the soldier “knew what he was signing up for” when he joined the military. Trump reportedly said this to […]
Terrorist Killed After Murdering Two Women
Two women were stabbed to death and their assailant shot dead by a soldier in the southern French port city of Marseille on Sunday in what officials described as a “likely terrorist act”. Police sources said the suspect had shouted “Allahu Akbar” (God is greatest) in Arabic as he attacked the women, aged 17 and […]
President Trump Accused Of Declaring War On North Korea
A retired U.S. general said a Pentagon war scenario showed a conventional war with North Korea could result in about 20,000 deaths per day in South Korea, according to the Los Angeles Times. Meanwhile, a retired U.S. Navy admiral sees a 50/50 chance of a conventional conflict with North Korea although much less likelihood of […]
Trump Tells Fans To Walk Out On NFL Over Anthem Protests
Trump waded into a simmering debate on sports and free speech after he appeared to withdraw an invitation for the Warriors to visit the White House, and said National Football League (NFL) owners should fire players who openly protest by taking a knee on the field. Trump’s remarks stirred an already thorny national conversation about […]
McCain Appears To Sink Obamacare Repeal Again
Sen. John McCain, R-Ariz., on Friday said he “cannot in good conscience vote” for the latest GOP Obamacare repeal plan. McCain is one of four Republican senators who have been undecided on the proposal, known as the Graham-Cassidy bill, and his opposition dealt the bill’s chances a significant blow. In a statement, McCain said his […]
Mattis Warns North Korea Of Overwhelming Military Response
North Korea on Sunday conducted its sixth and most powerful nuclear test, which it said was of an advanced hydrogen bomb for a long-range missile, prompting the threat of a “massive” military response from the United States if it or its allies are threatened. Speaking outside the White House after meeting with President Donald Trump […]
Trump Donates One Million Dollars To Hurricane Harvey Relief
President Donald Trump has pledged $1 million of his own money to Harvey relief efforts, White House press secretary Sarah Huckabee Sanders told reporters Thursday. She said Trump has not decided which organization he will donate to. The spokeswoman said Trump specifically told Sanders to ask journalists at the briefing for suggestions since they have […]
Major Chemical Plant In Houston Set To Explode In Coming
Arkema SA expects chemicals to catch fire or explode at its heavily flooded plant in Crosby, Texas in the coming days, and has no way to prevent that from happening, the chief executive officer of the company’s North America unit said on Wednesday. The company evacuated remaining workers on Tuesday and Harris County ordered the […]
Popular German Magazines Depicts Trump Giving Nazi Salute On Cover
This week’s cover of a popular German news magazine depicting U.S. President Donald Trump draped in the American flag while giving a stiff-armed Nazi salute is drawing sharp criticism from a prominent Jewish group. Stern magazine’s illustration is part of a cover story headlined “Sein Kampf,” which translates as “His Struggle” and is a play […]
GOP Leader Says “Zero Percent Chance” Debt Ceiling Does Not Get Raised
Senate Majority Leader Mitch McConnell on Monday insisted the U.S. government will raise the debt ceiling and avoid defaulting on its debt. “There is zero chance — no chance — we won’t raise the debt ceiling. No chance,” McConnell said at an event in Kentucky with Treasury Secretary Steven Mnuchin. “America’s not going to default. […]
Trump Says Military Action Against Venezuela Is Possible
President Donald Trump on Friday said he would not rule out a “military option” in Venezuela as the ruling regime there consolidates power. “We have many options for Venezuela, including a possible military option, if necessary,” Trump told reporters at his New Jersey golf club on Friday. The president did not answer a question about […]