LONDON: Queen Elizabeth II threw a lavish banquet for US President Donald Trump after he kicked off his three-day state visit to Britain on Monday (Jun 3) by weighing in on Brexit.The Trump dynasty sat down to dinner with the British royal family in the Buckingham Palace ballroom, mingling with British political leaders and industry chiefs from both countries as the UK rolled out the red carpet.The British sovereign earlier welcomed Trump and his wife Melania with a military guard of honour on a day filled with ceremony and personal touches.The monarch hosted a private lunch for the couple and showed them the royal art collection, ahead of the glittering state banquet.Trump seemed to be enjoying the visit, taking to Twitter during his down time."London part of trip is going really well. The Queen and the entire royal family have been fantastic. The relationship with the United Kingdom is very strong. Tremendous crowds of well wishers and people that love our country," he … [Read more...] about Queen Elizabeth throws lavish state banquet for Trump
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Business Chipotle Mexican Grill Inc could cover the cost of President Donald Trump's proposed tariffs on Mexican imports by raising burrito prices by around 5 cents for customers, it said on Monday. 03 Jun 2019 08:30PM (Updated: 03 Jun 2019 09:00PM) Bookmark REUTERS: Chipotle Mexican Grill Inc estimated the cost of President Donald Trump's proposed tariffs on its business at around US$15 million on Monday and said it could cover them by raising burrito prices by around 5 cents.The U.S.-based Mexican-themed chain's finance chief Jack Hartung said its margins would be reduced by 20-30 basis points if the tariffs suggested by Trump are enacted, pushing up prices of avocados and other imports.Mexico is the largest supplier of agricultural produce to the United States, exporting more than US$8 billion worth of avocados and other vegetables north last year."We know that we could easily solve the volatility in our supply chain by purchasing pre-mashed or processed avocados," … [Read more...] about Trump tariffs worth an extra nickel per burrito, says Chipotle
MULTIMEDIA Infographic by Pamela Ramos, ABS-CBN News Posted at May 27 2019 09:47 PM | Updated as of May 27 2019 09:48 PM Senators Cynthia Villar and Manny Pacquiao are still the two richest members of the Senate, based on their 2018 statements of assets, liabilities and net worth (SALN). Based on their 2018 SALN, Villar put her net worth at P3,719,941,858.00 without any liability, while Pacquiao reported P3,005,808,000.00 net worth but listed the highest liabilities at P146,005,728.00. Here is the list of the net worth declarations made by each of the 24 senators: /news/05/27/19/abu-sayyaf-member-killed-4-others-wounded-in-sulu-clash/business/05/27/19/will-cigarette-smuggling-worsen-with-sin-tax-hike/sports/05/27/19/pba-black-laments-meralcos-lack-of-energy-in-2nd-half-against-ginebra/overseas/05/27/19/over-200-cocaine-bags-found-in-stomach-of-japanese-who-died-on-plane/overseas/05/27/19/malaysias-last-male-sumatran-rhino-dies-in-captivity … [Read more...] about News The net worth of Philippine senators
Multi-billionaire Elon Musk's real net worth, like his personality, is volatile and mercurial.Probably the best known billionaire in the world (and undoubtedly the most covered by the news and social media), Musk and his exact wealth are a matter of speculation because he lives such an un-billionaire type existence.For one, Musk has no guaranteed multimillion dollar annual salary plus stock options and perks from Tesla Inc. Musk has a $56,000 monthly salary from Tesla but hasn't drawn this salary even once. Seems Musk relies on his salaries and perks from his other businesses such as SpaceX, The Boring Company, OpenAI and Neuralink to get by.But here's what we know about Musk's wealth. Forbes estimates his "real time net worth" as of May 15 at $19.5 billion. That's good for Number 40 on Forbes' billionaires list. CNBC places Musk's net worth at about $23.6 billion (no mention of a time frame).And here's why it's tough placing an exact number on Musk's wealth.In January, Tesla announced … [Read more...] about Elon Musk net worth: How much is Tesla, SpaceX CEO worth?
By Mark Gurman Bloomberg Shawn Donnan Wed., May 15, 2019 For more than a year, Apple Inc. avoided major damage from the U.S. trade war with China, thanks in part to a White House charm offensive by chief executive officer Tim Cook. But the company now faces its first major hit — from both sides of the dispute. A new round of tariffs proposed by the U.S. on Monday includes mobile phones, meaning the iPhone, Apple’s most-important product that is made almost entirely in China, may be encumbered with a 25-per-cent import levy. There are other products on the list that would affect Apple too, such as laptops and tablets. That leaves the company with a difficult choice: Raise prices on already-pricey products and risk missing out on sales, or absorb the extra cost and let profits suffer. There’s a “very real risk of higher import costs and/or U.S. consumer demand destruction depending on whether Apple decides to pass along some of the tariff … [Read more...] about Trump’s tariffs may make your next iPhone more expensive