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Faraday spokeswoman Stacy Morris said last month that the company also was considering sites in California, Georgia and Louisiana.

Quinn, 56, has been Wal-Mart’s marketing chief since 2007.

Baker said previously that the controls had been tampered with, but because of the ongoing investigation, he wouldn’t confirm reports that the operator jury-rigged the train’s controls.

Hilcorp, a Houston based company, has given each one of their 1,381 employees a US$100,000 (AU$137,000) bonus as a thank you for an excellent year reported Fox 26.

The companies’ combined agricultural assets would result in the industry’s No. 2 in seeds and No. 3 in crop protection, according to Sanford C Bernstein & Co. analysts.

“There would need to be a sustained firming in domestic cost pressures, compared with current rates”, to push inflation back to the 2 percent target, officials said.

For the April-October 2015 period, index of industrial production (IIP) grew 4.8 per cent, official data released on Friday showed.

The Paris-based agency delivered more bad news to battered oil producers, who have seen prices slump below $40 (U.S.) per barrel and hit their lowest point since the deep global recession of 2008-09.

Faraday Future plans to unveil its prototype at the Consumer Electronics Show in January in Las Vegas.

He went on to say that once the implementation of the new food safety practices is complete, the restaurant chain will be 10-15 years ahead of the standards set by the restaurant sector.

Wal-Mart Stores Inc. launched its own mobile payment system, dubbed Walmart Pay, in select stores near its Bentonville, Ark., headquarters on Thursday, giving customers their first opportunity to use a mobile payment system in its stores.

The BOE’s nine-member Monetary Policy Committee voted 8-1 to keep borrowing costs at a record-low 0.5 per cent in its last decision of the year, sticking to the status quo.

Just seconds into his official announcement that shooting-star electric auto company Faraday Future had picked the Apex industrial site for its $1 billion manufacturing facility, Sandoval reminded those assembled in the lobby of the Sawyer Building that Nevada had climbed out of...

The South African Property Owners Association (Sapoa) has expressed their disappointment at the decision by President Jacob Zuma to remove Finance Minister Nhlanhla Nene.

On the back of a softening in growth and increasingly dovish noises from the Bank of England, some 35 per cent of people now expect United Kingdom interest rates to rise in the coming year, down from 50 per cent in August, according to research by the central bank.