China unveils additional retaliatory tariffs on $60bn of U.S. goods

Signalling the nation's readiness to respond to higher tariffs threatened by Donald Trump on $200bn of Chinese imports, officials in Beijing said countermeasures were ready and waiting for the next move from Washington . Wang, who is in Singapore ... More..

by | Published more than a month ago
Apple is the first $1 trillion company in history
by | Saturday, August 04, 2018

Apple is the first $1 trillion company in history

The company was co-founded by the late Steve Jobs , a product innovator who helped prevent the company's collapse in the late 1990s. Market capitalization, or market cap, is the total combined value of all o...More..

Google plans censored version of search engine in China, says U.S
by | Friday, August 03, 2018

Google plans censored version of search engine in China, says U.S

A separate report, by technology news site The Information on Wednesday, said that Google was developing a news-aggregation app for use in China that would comply with the country's censorship laws. In the co...More..

Bank of England hikes interest rates
by | Friday, August 03, 2018

Bank of England hikes interest rates

Rates have gone up from 0.5% to 0.75% with the changes likely to affect millions of savers and borrowers . "Longer term fixed rates are likely to be more popular now among borrowers as they try to protec...More..

Apple becomes world's first public company worth $1 trillion
by | Friday, August 03, 2018

Apple becomes world's first public company worth $1 trillion

To put that into perspective, Boeing's market capitalization is about $204B. Apple's stock has risen more than 50,000% since it first listed in 1980. Naturally, the $1 trillion figure is constantly changin...More..

Tesla Earnings: Shares Rise 11% as Musk Apologizes for ‘Bad Manners’
by | Thursday, August 02, 2018

Tesla Earnings: Shares Rise 11% as Musk Apologizes for ‘Bad Manners’

Tesla on Wednesday reported second-quarter losses that were greater than Wall Street's expectations. Despite the unusual online behavior, Tesla has made $4 billion for Q2, compared to $2.78 billion for th...More..

by | Thursday, August 02, 2018

Markets are focusing on Japan's central bank. Here's what experts predict

At the same time, the central bank delivered a range of adjustments created to alleviate strains from negative rates and asset-buying on commercial banks and reduce market distortions. The Bank of Japan decid...More..

United States sanctions Turkey over Pastor Brunson detention
by | Thursday, August 02, 2018

United States sanctions Turkey over Pastor Brunson detention

Vice President Pence has also said the administration would impose sanctions on Turkey if Brunson was not released. Ben Sasse, R-Neb., said in a statement applauding the sanctions Wednesday. Turkey's F...More..

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

Parasite found in wraps and salads sold at Trader Joe's and Walgreens

The warning, which was issued on Monday, said items containing beef, pork, and poultry salads and wraps that were produced between July 15 to July 18 with either the "best by", "enjoy by", "best if sold by" o...More..

by | Wednesday, August 01, 2018

Gay couple claims airline forced them to switch seats for straight couple

He said he and his travelling companion were seated in their assigned seats when they were approached by a flight attendant. At that point, Cooley's companion was given the option of giving up his premium seat ...More..

Uber to scrap self-driving truck programme to focus on cars
by | Wednesday, August 01, 2018

Uber to scrap self-driving truck programme to focus on cars

The company is also continuing to invest in scalable LiDAR technology. A statement provided by Uber Advanced Technologies' head Eric Meyhofer explained the change, saying in part that Uber "believes having our ...More..

by | Wednesday, August 01, 2018

MoviePass to raise prices, limit access to blockbuster films

To make sure that the company could move ahead, but only on a short term basis, last Friday MoviePass borrowed $5 million from a hedge fund in the form of a $6.2 million Demand Note. No exact date has been se...More..

Apple Closes In on $1 Trillion Market Cap With Q3 Earnings Beat
by | Wednesday, August 01, 2018

Apple Closes In on $1 Trillion Market Cap With Q3 Earnings Beat

The company said sales for its fiscal fourth quarter, which would include early sales of its latest devices, would be between $60 and $62 billion. Apple said the average selling price of the iPhone had rise...More..

Tesla Sells Out of Its $1,500 Surfboards
by | Tuesday, July 31, 2018

Tesla Sells Out of Its $1,500 Surfboards

And, if you happen to own one of Tesla's more road-friendly vehicles, the website states that " Model S, X and 3 can comfortably accommodate this surfboard on either the inside or outside of the vehicle ". At...More..

'HUNGRY 4 SUCCESS' sign lands homeless Texas native over 200 job offers
by | Tuesday, July 31, 2018

'HUNGRY 4 SUCCESS' sign lands homeless Texas native over 200 job offers

The sign and perseverance paid off. He said he has received expressions of interest from Netflix, Pandora, Apple, Google and Amazon and other companies. "I was determined to help him". Casarez is a Texas A&M...More..

McDonalds celebrates Big Mac's 50th anniversary by launching a new coin
by | Tuesday, July 31, 2018

McDonalds celebrates Big Mac's 50th anniversary by launching a new coin

Speaking of coins, one only needed a few-or just a half-dollar coin-to get a Big Mac when it hit the national USA menu in 1968 at the price of 45 cents. He said it was similar to a Big Boy chain's sandwich, ac...More..

Gary Lineker says a second Brexit referendum is 'more important than football'
by | Tuesday, July 31, 2018

Gary Lineker says a second Brexit referendum is 'more important than football'

Freakish stories have already appeared in mainstream media outlets such as BBC News and the Independent , claiming a "No Deal" Brexit could mean no more sandwiches , and butter, cheese, and yoghurt becoming r...More..

Harley goes adventure-touring | Meet the Pan America 1250
by | Tuesday, July 31, 2018

Harley goes adventure-touring | Meet the Pan America 1250

Introducing a new modular 500cc to 1250cc middleweight platform of motorcycles that spans three distinct product spaces and four displacements, starting with the company's first Adventure Touring motorcycle, ...More..

Spirit Airlines flight diverted after passengers sickened from 'dirty socks' odor
by | Monday, July 30, 2018

Spirit Airlines flight diverted after passengers sickened from 'dirty socks' odor

The cause of the smell remained unclear, according to Spirit. The flight took off from Laguardia Airport in NY at 8:43 p.m. EDT Thursday night and was scheduled to land in Florida at 11:31 p.m. " After specif...More..

European Union Agrees to Buy More US Soybeans
by | Monday, July 30, 2018

European Union Agrees to Buy More US Soybeans

For example, Whiting points to the US having a 25-percent tariff on trucks, while the European Union has a 10-percent tariff on cars. After a meeting at the White House with the President of the European Co...More..

Disney Fox Deal Approved By Shareholders for $71.3 Billion
by | Monday, July 30, 2018

Disney Fox Deal Approved By Shareholders for $71.3 Billion

Disney won out over Comcast in a bidding war for the assets, which will leave 21st Century Fox as a streamlined media company focused on news and sports. Additionally, in the agreement, Fox shareholders ...More..

Amazon's growth is leaving the shop behind
by | Monday, July 30, 2018

Amazon's growth is leaving the shop behind

Following the transaction, the chief executive officer now directly owns 86,419 shares of the company's stock, valued at $136,052,024.27. Although Amazon missed its analysts' expectations of $53.35 billion ...More..

Facebook is sued after stock plunge 'shocked' market
by | Monday, July 30, 2018

Facebook is sued after stock plunge 'shocked' market

Dismal revenue, which initially pulled the stock down almost 9 percent on Wednesday, clearly was not the end for wounded investors. According to Reuters , shareholder James Kacouris filed a complaint in the ...More..

MS sales tax holiday begins Friday
by | Sunday, July 29, 2018

MS sales tax holiday begins Friday

For those who prefer to shop online , shipping charges are not included in determining whether an item is under the $100 limit. Eligible items put on layaway during the tax-free weekend will be exempt from s...More..

President Trump Stands by American Farmers
by | Sunday, July 29, 2018

President Trump Stands by American Farmers

And the European Union agreed to buy more USA soybeans and to build more terminals to import liquefied natural gas from the United States . "This was a very big day for free and fair trade", Trump said ...More..

USA and European Union agree to work towards lower trade barriers
by | Sunday, July 29, 2018

USA and European Union agree to work towards lower trade barriers

Between $7 to $8 million of that will be paid directly to producers of crops like soybeans, corn, wheat, dairy and pork, and the U.S. government will use the rest of the money to buy commodities and distribute ...More..

MAC Is Giving Away Free Lipstick Again to Celebrate National Lipstick Day
by | Sunday, July 29, 2018

MAC Is Giving Away Free Lipstick Again to Celebrate National Lipstick Day

There is, however, one caveat, which you'll be all too familiar with if you tried to score a free MAC lipstick during the brand's promotion past year. The offer is one per customer, but even then, the brand s...More..

McDonald's worker, customer get into vicious brawl over soda
by | Sunday, July 29, 2018

McDonald's worker, customer get into vicious brawl over soda

In a chat with Marie Dayag , the woman who posted the original video, the McDonald's worker told her side of the story revealing the extent of her injuries suffered while bashing the rude customer. It's believ...More..

SEC Rejects Winklevoss Brothers ETF, Says Bitcoin Isn’t Manipulation Resistant
by | Sunday, July 29, 2018

SEC Rejects Winklevoss Brothers ETF, Says Bitcoin Isn’t Manipulation Resistant

In her official post , she calls out SEC on dampening the innovation, engaging in merit regulation and inhibiting institutionalization that could mitigate the risks present in bitcoin and crypto market. This...More..

Facebook plunge to hit Nasdaq, offset US-EU trade deal
by | Saturday, July 28, 2018

Facebook plunge to hit Nasdaq, offset US-EU trade deal

Disappointing earnings figures from Facebook weighs on FAANG on Thursday . But while the Nasdaq and the S&P 500 slumped, the Dow rose, in part on the strength of industrial stocks. Sales of both new and exist...More..