Apple is now worth $1 trillion

Closely following the online shopping giant, Google's parent company Alphabet is set at $852.45 billion valuations and Microsoft at $828.53 billion market capitalization. ( AAPL ) on Thursday became the first US public company to reach $1 trillio... More..

by | Published 15 days ago
European heatwave warning: where is affected and what are the temperatures?
by | Sunday, August 05, 2018

European heatwave warning: where is affected and what are the temperatures?

The country went on high alert in an effort to prevent a repeat of the worst fires in history past year, which killed 114 people. More than 700 firefighters are battling a major wildfire in southern Portugal'...More..

China urges United States to return to reason
by | Saturday, August 04, 2018

China urges United States to return to reason

The White House strategy has been to escalate pre-emptively, secure in the belief China has more to lose than the United States on each of the next few rungs up the escalation ladder. "Importers may have orde...More..

Turkey 'will retaliate' over U.S. sanctions as crisis grows
by | Saturday, August 04, 2018

Turkey 'will retaliate' over U.S. sanctions as crisis grows

U.S. Secretary of State Mike Pompeo said on Saturday he hoped Americans detained in Turkey would be released "in coming days", following a meeting with his Turkish counterpart in Singapore which both sides said...More..

by | Saturday, August 04, 2018

China threatens to slap import tax on $60 billion of USA imports

The ministry also warned that it reserves the right of further countermeasures in the intensifying trade war . Today's threat targeting a smaller amount of US goods reflects the fact that Beijing is running ...More..

What an interest rate rise means for you
by | Friday, August 03, 2018

What an interest rate rise means for you

The hike sees rates reach their highest level since March 2009, when they were slashed from 1% to the emergency low of 0.5% in an effort to contain the fall-out from the financial crisis. The Bank's nine rate-s...More..

Apple becomes world's first trillion-dollar company
by | Friday, August 03, 2018

Apple becomes world's first trillion-dollar company

Apple is in the unique situation of controlling the hardware and software in its mobile devices, with content for users required to go through its App Store that takes a percentage of revenue. What makes it im...More..

Bank of Japan Shift Propels Biggest Bond-Yield Jump in Two Years
by | Thursday, August 02, 2018

Bank of Japan Shift Propels Biggest Bond-Yield Jump in Two Years

MSCI's broadest index of Asia-Pacific shares outside Japan.MIAPJ0000PUS eased 0.5 percent and Chinese blue chips.CSI300 by 0.7 percent. MSCI's all-country world stock index .MIWD00000PUS fell 0.37 percent o...More..

Parasite risk in salads and wraps sold at Kroger, Walgreens, Trader Joe's
by | Thursday, August 02, 2018

Parasite risk in salads and wraps sold at Kroger, Walgreens, Trader Joe's

The potentially affected salads and wraps sold at Kroger , Trader Joe's and Walgreen's were produced between July 15-18, with a "best by", "enjoy by", "best if sold by" or "sell by" date ranging from July 18...More..

Juncker deal has nothing to do with free trade: German MP
by | Wednesday, August 01, 2018

Juncker deal has nothing to do with free trade: German MP

However, Republican Senator Ben Sasse of Nebraska, a Trump critic, likened the farm aid package to "golden crutches" to make up for a trade war that will cost farmers far more . Kudlow insisted that such num...More..

Facebook sued after stock plunge
by | Wednesday, August 01, 2018

Facebook sued after stock plunge

According to Bloomberg , Zuckerberg's fortune tumbled in late trading Wednesday, as shares of the social media giant slid 20% in post-market trading in NY on disappointing results. The earnings covered the com...More..

Apple boosted by selling more expensive iPhones
by | Wednesday, August 01, 2018

Apple boosted by selling more expensive iPhones

This translated to diluted earnings per share of $2.34, compared to $1.67 during the same quarter in 2017. However, this year the period was seen as a crucial test of the staying power of the iPhone X model...More..

Harley-Davidson announces Royal Enfield rival
by | Wednesday, August 01, 2018

Harley-Davidson announces Royal Enfield rival

Earlier this year, it was believed that Harley-Davidson's first electric motorcycle , the LiveWire , would hit dealerships before the year's end . The company said it expects to spend $675 million-to-$825 ...More..

McDonald's Introduces a Big Mac-Based 'Currency'
by | Tuesday, July 31, 2018

McDonald's Introduces a Big Mac-Based 'Currency'

Anyone walking into one of the 14,000 participating restaurants across the US and purchasing a Big Mac will receive the special coin, USA Today reported , and they can redeem the new currency for a free Big Ma...More..

President Trump, EU Leader Hold Joint Press Conference
by | Monday, July 30, 2018

President Trump, EU Leader Hold Joint Press Conference

Receive daily email alerts, subscriber notes & personalize your experience. After the meeting, Trump declared a "new phase in the relationship" between the two trading blocs, and said: 'We are starting the ...More..

Amazon Delivers Record Quarterly Profit
by | Monday, July 30, 2018

Amazon Delivers Record Quarterly Profit

Amazon's ( AMZN ) profits jumped in the second quarter despite sales falling short of Wall Street forecasts, topping $ 2 billion for the first time. The company said revenue from the category and some other...More..

New York State Bans Charter, Citing Continuous 'Instances of Misconduct'
by | Monday, July 30, 2018

New York State Bans Charter, Citing Continuous 'Instances of Misconduct'

Concluding that Charter "was not interested in being a good corporate citizen" and that the Commission could no longer allow it to operate in NY, the PSC stated its actions address the failings and are meant ...More..

$12 billion boost for US farmers hurt by trade tariffs
by | Saturday, July 28, 2018

$12 billion boost for US farmers hurt by trade tariffs

Officials said the direct payments could help producers of soybeans, which have been hit hard by the Trump tariffs, along with sorghum, corn, wheat, cotton, dairy and farmers raising hogs. Trump appears to be i...More..

President Lungu to hold bilateral talks with Russian President Vladimir Putin
by | Saturday, July 28, 2018

President Lungu to hold bilateral talks with Russian President Vladimir Putin

US President Donald Trump's hardening stance has compounded fears of an all-out trade war after he slapped levies on goods from China worth tens of billions of dollars as well as tariffs on steel and aluminium ...More..

U.S. President Trump says 'tariffs are the greatest'
by | Saturday, July 28, 2018

U.S. President Trump says 'tariffs are the greatest'

For instance, the United States said in May it had trade war with China on hold as both countries agreed to execute a framework for increasing US's agriculture and energy exports after high-level talks in the...More..

Facebook Heading for Its Worst Trading Day Ever
by | Saturday, July 28, 2018

Facebook Heading for Its Worst Trading Day Ever

This week, that myth was shattered. Pivotal Research Group analyst Brian Wieser, who has a sell rating on the stock, says there are limits to growth in digital advertising, even for Facebook . Many have been...More..

Facebook market value plunges $119 billion
by | Friday, July 27, 2018

Facebook market value plunges $119 billion

According to techcrunch.com, it seems as if Facebook announced the stat in hopes of deflecting attention from the fact that its user count shrank in Europe and was flat in the U.S. US and Canadian traffic w...More..

Iranian military commander warns Trump
by | Friday, July 27, 2018

Iranian military commander warns Trump

His remarks came in reaction to Donald Trump's tweet on Sunday, in which the United States president threatened Iran with what "few throughout history have suffered before". In May, Trump withdrew the United ...More..

Facebook's shares tumble as growth disappoints
by | Thursday, July 26, 2018

Facebook's shares tumble as growth disappoints

In announcing its latest earnings on Wedneday, the social media company reported 2.23 billion monthly active users, shy of Wall Street forecasts of 2.25 billion. Instagram is expected to account for 18 per ce...More..

Trump to Give Farmers Aid, but Farmers Aren't Thrilled
by | Thursday, July 26, 2018

Trump to Give Farmers Aid, but Farmers Aren't Thrilled

He warned that those who pursue "economic hegemony" will "only end up hurting themselves". US White House spokesperson Hogan Gidley announced on Tuesday that President Trump meant to bring up at the meeti...More..