The U.S. government put tariffs on Bombardier jets after a complaint was filed by Boeing Co. (NYSE: BA). According to Reuters:
The U.S. Commerce Department on Tuesday slapped preliminary anti-subsidy duties on Bombardier Inc’s CSeries jets after rival Boeing Co accused Canada of unfairly subsidizing the aircraft, a move likely to strain trade relations between the neighbors.
The department said it imposed a steep 219.63 percent countervailing duty on Bombardier’s new commercial jets after it made a preliminary finding of subsidization. Boeing has complained the 110-to-130 seat aircraft were dumped below cost in the U.S. market last year while benefiting from unfair subsidies.
Ford Motor Co. (NYSE: F) and Lyft will join forces to build and distribute self-driving cars. The deal by the number-two ride-sharing service is a challenge to leader Uber.
Twitter Inc. (NYSE: TWTR) has started to test tweets that are 280 characters, which is twice the current maximum length.
Uber will stop its service in Canada’s Quebec province. According to CNBC:
Ride-hailing service Uber said on Tuesday it will stop operating in the Canadian province of Quebec next month, pulling out to avoid following tough new regulations announced last week.
India has become one of the most important smartphone markets in the world. According to CNNMoney:
India has nearly as many smartphone users as the U.S. has people, and it’s about to get many millions more.
The South Asian nation is already one of the world’s hottest mobile markets, with everyone from Samsung and Apple to China’s Oppo, Vivo and Xiaomi fighting with Indian brands such as Micromax for a piece of the action.
And it’s just getting started. Experts say India’s tally of 300 million smartphone users could grow by more than 50% in the next few years.
Alphabet Inc.’s (NASDAQ: AAPL) YouTube will no longer be available via Amazon.com Inc.’s (NASDAQ: AMZN) Echo electronic personal assistant. According to Reuters:
In a rare public feud between large technology companies, Amazon.com said on Tuesday its Echo Show devices could no longer play videos from YouTube because the site’s parent, Google, stopped supporting the service.
The spat is the latest in Silicon Valley in which competitive tensions stood in the way of customers. Amazon and Google square off in many areas, from cloud computing and online search, to selling voice-controlled gadgets like the Echo Show.
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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