Business

Apple Faces Potential Investor Lawsuit for Not Warning of Weak iPhone Demand

Apple Faces Potential Investor Lawsuit for Not Warning of Weak iPhone Demand

Apple has also recently signaled that its iPhone business may be struggling by launching special promotions for buying new iPhones-an extremely rare move by the company. The firm had revenue of...

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Japanese bluefin tuna sold at auction for record $4.4m

Japanese bluefin tuna sold at auction for record $4.4m

Mr Kimura went head to head with a rival in a thrilling back-and-forth for the prize tuna, with a scrum of spectators giving out a loud roar as the auctioneer's hammer came down after his winning offe...

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BC housing market shows signs of moderation: assessment agency

BC housing market shows signs of moderation: assessment agency

An average single-family home in West Vancouver fell 12 per cent in 12 months, from just under $3.2 million in July 2017 to $2.8 million in July 2018. "Now we're touching upon the issue of jobs and ec...

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Stock markets bounce back up as see-saw trading continues

Stock markets bounce back up as see-saw trading continues

In a letter Wednesday announcing a cut in its fiscal first quarter 2019 guidance , Cook said the revenue shortfall is due to lower than anticipated iPhone revenue, which primarily happened in Great...

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US issues new travel warning for China

US issues new travel warning for China

In comparison, there are nearly 900 Canadians in a similar situation in the United States, the official added. "We'll be prepared to discuss it, explain our side of things, and hope that they'll t...

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Fed Chair Says He Won't Resign If President Trump Asks Him To

Fed Chair Says He Won't Resign If President Trump Asks Him To

Federal Reserve Chairman Jerome Powell on Friday sought to ease market concerns that the USA central bank was ignoring signs of an economic slowdown, saying he was aware of the risks and would be pa...

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RBI scales down printing of ₹2,000 note to minimum: Finance Ministry official

RBI scales down printing of ₹2,000 note to minimum: Finance Ministry official

According to the RBI data, there were 3,285 million pieces of Rs 2000 notes in circulation in March 2017. Close on the heels of these suspicions, the RBI has chose to stop the printing of Rs 2,000 t...

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Here’s how the IRS has been affected by the government shutdown

Here’s how the IRS has been affected by the government shutdown

Right now, only 12% of IRS staffers are working through the shutdown. And what if the government shutdown continues deep into tax season? A protracted fight between President Donald Trump and De...

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Apple cuts sales expectations following China tariffs

Apple cuts sales expectations following China tariffs

Or worse yet, grinds to a halt? Business Insider reports that the NY law firm Bernstein Liebhard has begun to attempt to gather support from Apple investors for a class-action lawsuit against ...

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How major U.S. stock indexes fared Monday

How major U.S. stock indexes fared Monday

It moved that much 64 times during the year. Concerns about trade tensions between the United States and China, instability in Washington as underscored by the partial federal government shutdown, a...

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Cathay Pacific sells £12,000 business-class seats for £530 in ticketing blunder

Cathay Pacific sells £12,000 business-class seats for £530 in ticketing blunder

Gary Leff, a travel and loyalty-program blogger on View from the Wing , wrote on December 31 that the Cathay business-class round-trip from Da Nang to NY started at $675 for travel in August. It cont...

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Man attacks McDonald's employee in viral video

Man attacks McDonald's employee in viral video

Petersburg, restaurants cannot have straws out and the customers have to request for them. "All started because he wanted a straw", he wrote on Facebook. "[The] white male customer began arguing a...

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It’s Official: Apple Confirms Slower iPhone Sales

It’s Official: Apple Confirms Slower iPhone Sales

Going forwards, Cook notes that Apple will continue to push incentive programs to encourage more iPhone upgrades as well as offering financing programs. Its revenues from wearables, computers, and s...

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Tesla wants more employees for its Autopilot Hardware 3 testing

Tesla wants more employees for its Autopilot Hardware 3 testing

In January Model 3 production will begin in Europe but Tesla will no doubt have a few left to sell in the US. Tesla has more than 100 stores and galleries across the US. Earlier on December, the compa...

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Minimum Wages Rising In 20 States And Several Cities

Minimum Wages Rising In 20 States And Several Cities

Five million workers will get a raise on January 1 when new minimum wage requirements take effect in 20 states and almost two dozen cities around the U.S. Few are there yet, but many states have ratch...

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Netflix poaches its new CFO from Activision

Netflix poaches its new CFO from Activision

The company announced that Dennis Durkin will take over as Chief Financial Officer effective Jan 1, 2019. Activision in its regulatory filing said that it meant to terminate Neumann "for cause unre...

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Tesla shares tumble after production figures disappoint

Tesla shares tumble after production figures disappoint

The company said on Wednesday it had produced 61,394 Model 3s and delivered almost 1,000 vehicles per day in the fourth quarter. Starting Wednesday, the company said it will be reducing the price o...

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$425M Mega Million ticket sold on Long Island

$425M Mega Million ticket sold on Long Island

Officials said it is the second time the jackpot has been won on New Year's Day. The odds of winning the jackpot are 1 in 302 million. Six tickets in Friday's Mega Millions drawing matched the five ...

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Florida Minimum Wage Increases Today

Florida Minimum Wage Increases Today

You can find complete details here. The reason: Missouri's minimum wage is rising. Seattle's largest employers will have to pay workers at least $16 an hour starting Tuesday. "It's been a long time ...

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Iron Man 2 reunion: Musk friend Larry Ellison named to Tesla board

Iron Man 2 reunion: Musk friend Larry Ellison named to Tesla board

In fact, he sent out a separate tweet with a list of Tesla stores that would be open until midnight so they could get in just under the wire with their new purchase. According to media reports , Elli...

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Oil slips towards 18-month lows ahead of New Year

Oil slips towards 18-month lows ahead of New Year

European stocks rallied on Friday with the Stoxx Europe 600 Index rising as much as 2 percent. Prices surged on Wednesday, tracking a spike on Wall Street after President Donald Trump's administrati...

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Christmas trees: it's time for them to come down, disposal

Christmas trees: it's time for them to come down, disposal

Seven million Christmas trees lit up our living rooms this December, and the good news is that more of us than ever before are planning to recycle our trees after the festivities in some very creati...

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Rochester Kmart to close

Rochester Kmart to close

The company released a list of the closing Sears and Kmart locations online and released the following statement. Employees at the stores were told yesterday that the locations would close in late M...

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Recall on condoms; Humboldt Broncos Coach and General Manager steps down

Recall on condoms; Humboldt Broncos Coach and General Manager steps down

The company added none of their other products are affected. Condom manufacturer Durex is recalling two batches of their products because they say they don't pass their stringent shelf-life durabili...

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Reports Of Jetway Collapse At BWI Airport

Reports Of Jetway Collapse At BWI Airport

Passengers on board the flight involved with the jet bridge incident described the situation as "traumatic". While medical personnel responded to the passenger outside of the airplane, the airport-own...

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Computer Virus Disrupts Delivery Of San Diego Union-Tribune, Los Angeles Times

Computer Virus Disrupts Delivery Of San Diego Union-Tribune, Los Angeles Times

Tribune Publishing sold The Times and the San Diego Union-Tribune to Los Angeles biotech billionaire Dr. Patrick Soon-Shiong in June, but the companies continue to share various systems, including s...

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Sears closing 80 stores in March, including Fostoria Kmart

Sears closing 80 stores in March, including Fostoria Kmart

Liquidation is expected to begin in January. Employees at the Kmart in Apple Valley said Friday they could not comment on the closure and referred questions to the corporate office. He later resig...

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Wells Fargo to pay states $575 million over sales practices

Wells Fargo to pay states $575 million over sales practices

Opening millions of unauthorized accounts and enrolling customers into online banking services without their knowledge or consent. The bank has been under a cloud since 2015 , when it acknowledged ...

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Sears in Lincoln set to close in 2019

Sears in Lincoln set to close in 2019

Sears stores and auto centers in the Richland Mall in Waco and in the Killeen Mall in Killeen will be closed in late March Sears Holdings announced Friday. Sears' creditors have been investigating whe...

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Dow rallies, closes up more than 1,000 points

Dow rallies, closes up more than 1,000 points

The Dow rose for the first time in a single trading session of more than 1000 points. The S&P 500 came within 2 points of being down 20 percent from its late-September closing high , the threshold ...

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