Finance

Tim Cook Calls WSJ Report on Jony Ive 'Absurd'

In the wake of that report, Apple CEO Tim Cook-who had allegedly frustrated Ive with his lack of interest in product design, the story's sources claimed- ema...


LA mayor to Trump: Let's fix homeless crisis

Customs and Border Protection that can only begin to be changed by immediately firing and replacing top leadership at the agency with law enforcement profession...


Trump proposes two allies as Fed board nominees

Waller is executive vice president and head of research at the Federal Reserve Bank of St. Louis, where he has worked for 10 years. The other, Judy Shelton, h...


UK Recession Fears Mount Amid Brexit and Global Slowdown

Tim Moore, associate director at IHS Markit , said: "The latest survey reveals weakness across the board for the United Kingdom construction sector, with house...


Tesla Delivers Record 95K Cars in Q2

Just days before the end of Q2, 2019, Musk urged staff onwards to achieve the record quarter saying the goal was possible if Tesla went "all out" . Tesla di...


Australia goes for back-to-back rate cuts, keeps option for more

The RBA cut the cash rate to 1%, the lowest level on record, as it tries to boost the economy enough to drive down unemployment and lift wages and household spe...


Former Chrysler CEO Lee Iacocca dies at 94

He saved them from bankruptcy. He was famous for his TV ads from that time, in which he said: "If you can find a better auto, buy it!" In a 1992 interview...


Asian shares mostly lower after fresh S&P 500 record high

Despite the latest development in trade talks, traders are still expecting the Fed's next move will be an interest rate cut as soon as at its July 30-31 policy ...


European Council appoints new leaders: Who are they? Quick facts

The leaders of the EU's 28 member sates have also agreed to make outgoing Belgian Prime Minister Charles Michel the new president of the European Council, succe...


Japan imposes restrictions on exports to South Korea over wartime labour row

South Korean lawyers have been allowed to seize the assets of some Japanese firms, which has raised the ire of the Japanese side. "Export restrictions are n...


OPEC To Extend Oil Production Cuts To Maintain Prices

The signing comes after OPEC agreed on Monday to a nine-month extension of its production cut agreement. Iran's Minister of Petroleum, Bijan Namdar Zangeneh, ...


Xi-Trump meeting an opportunity to bring talks back on track

However, Mr. Trump has assured that tariffs won't be imposed more than $300 billion on Chinese imports, and further talks will be continued on the sideline rega...


Iran oil minister: 'OPEC might die'

Asked about a deeper cut, he said: "I don't think the market needs that". Russia has agreed with Saudi Arabia to extend the deal with OPEC on reducing oil ...


Japan to tighten curbs on tech material exports to South Korea

In a landmark ruling in October, South Korea's top court ordered Nippon Steel & Sumitomo Metal Corp.to pay 100 million won ($88,000) each to four plaintiffs for...


Trump allows US companies to sell products to Huawei

Following the much-anticipated Xi-Trump meeting which focused on resolving the ongoing trade conflict between the world's largest economies and tensions aroun...


Walmart, Amazon and eBay all to have mega sale soon

However, in a bid to attract as many customers as possible, Target said no membership will be required for those looking to take advantage of the Deal Days ....


Lego makers to buy theme park group

Berkeley is 50% owned by private equity house Blackstone and the Canadian Pension fund CPPIB. Lego owner Kirkbi Invest already owns a stake of almost 30 percent...


Trump Lifts Huawei Ban, US Companies Can Continue Selling To Them

Kudlow said that Trump's comments about Huawei "not a general amnesty" and that the agreement "is not the last word". 'There's been no long range ballisti...


71,000 infant inclined-sleeper accessories recalled by Fisher-Price over safety concerns

Earlier this year, two class-action lawsuits were filed against Fisher-Price and Mattel following the recall of the Fisher-Price Rock 'n Play Sleeper , which h...


Jony Ive is leaving Apple after 27 years

As FT points out, with Ive being around since the Jobs-led revival of Apple in the late 90s, many saw him as the company's most important employee, even ahead...


Newark airport traffic delayed as plane makes unscheduled landing after leaving LaGuardia

Officials with the airport or the Federal Aviation Administration couldn't immediately be reached for comment about the emergency. About an hour later, offi...


'Back on track': China and US agree to restart trade talks

President Donald Trump announced Saturday that Chinese manufacturer Huawei will be able to once again purchase goods from USA technology companies . "Today...


Bitcoin slides 12%, ending recent surge

Analyst believes that Bitcoin is surging due to the fresh optimism as Facebook's cryptocurrency project has become clearer along with Bitcoin's established im...


Airbnb offering customers chance to rent castles, private islands, other luxury sites

Airbnb Luxe is designed for travellers looking to spend over $1,000 per night - but it's not without reason. Other customers may prefer the complete privacy ...


Huawei's 'global warning' to the US

In this photo taken on 27 May 2019, a Huawei logo is displayed at a retail store in Beijing. U.S. chipmakers are still selling millions of dollars of produc...


Trump, Abe agree U.S.-Japan alliance stronger than ever - Japan official

Trump said before heading to Japan that any war with Iran "wouldn't last long". Trump yesterday made a push to discuss USA concerns about the Chinese tel...


Lightyear One solar EV claims a 450-mile range

Lightyear was born out of the solar power research group Solar Team Eindhoven , which for years has built solar-powered cars for events like the World Solar...


Apple's iPhone designer Jony Ive to exit company

Ive will be partnering with long-time friend and fellow Apple designer Marc Newson in the new venture but will include Apple among its list of clients. In an ...


Huawei denies its employees worked with the Chinese military

Huawei is not aware of its employees publishing research papers in their individual capacity, a company spokeswoman said in a statement, adding that Huawei does...


Cars Stuck on Muddy Road Thanks to Disastrous Google Maps Detour

Drivers with smartphones these days don't often get truly lost, thanks to navigation services such as Google Maps . 'I was not the only one, there was probab...


Mitsubishi Heavy Industries to buy CRJ regional programme from Bombardier

Mitsubishi Heavy Industries Ltd. will take on Bombardier Inc.'s regional jet program for $550 million in cash and assume about $200 million in liabilities, w...


Target to offer 15% discount for teachers on classroom supplies

The company is once again offering a week-long 15-percent discount starting Saturday, July 13. This year, in addition to school supplies and essentials, which...


Alabama car dealership offers free shotgun, bible, and American flag to customers

Chatom Ford in Alabama took to their Facebook page to announce a promo that will be running from now to July 31. The deal is only available to persons ove...


United States chipmakers sidestep ban to maintain sales to Huawei

That said , the rep admitted that it now appears that certain items (depending on where it is manufactured) may still be supplied to Huawei. In other Micron ...


Carrefour to sell 80pc stake in China business

One of the world's biggest food retailers, the French group is in the middle of a major reorganisation, with the deal valuing its Chinese operations at €1.4 bil...


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