Apple briefly becomes the first $1 trillion US company

As of about 1:37 PM ET on Thursday, Apple was trading at about $207.42 per share, a bit above the magic number of $207.05 that sent the stock's market capitalization over $1 trillion. Companies typically do so when they consider their stock to be u... More..

by | Published more than a month ago
Sales tax holiday is this weekend
by | Friday, August 03, 2018

Sales tax holiday is this weekend

Clothing accessories, school art supplies and sport or recreational equipment are all still taxable during the sales tax holiday . In April, Gov. Scott Walker used a partial veto to extend the period to fiv...More..

Oil prices slip ahead of inventory report
by | Thursday, August 02, 2018

Oil prices slip ahead of inventory report

Reuters reported Monday that OPEC countries pumped 32.64 million barrels per day in July, according to a survey conducted by the publication, the highest its been in 2018 and with the Republic of Congo as a ...More..

Chipotle stock drops after OH restaurant closes due to sick customers
by | Thursday, August 02, 2018

Chipotle stock drops after OH restaurant closes due to sick customers

The logo of Chipotle Mexican Grill is seen at the Chipotle Next Kitchen in Manhattan, New York, U.S., June 28, 2018. "We take all claims of food safety very seriously and we are now looking into a few re...More..

by | Thursday, August 02, 2018

China Urges US to 'Calm Down' in Trade Dispute

China said it was ready to retaliate against the latest threat by the U.S.to raise tariffs on its goods. Announcing a higher tariff is required ahead of the hearings and will send a signal that the Trump ad...More..

Apple becomes world's first trillion dollar company
by | Thursday, August 02, 2018

Apple becomes world's first trillion dollar company

For as much as Apple shares have increased over the past few days, some analysts and tech observers are confident the stock could rise even higher in the weeks and months ahead. Some market observers consider U...More..

Yen slips after BOJ decision; dollar firm ahead of Fed
by | Thursday, August 02, 2018

Yen slips after BOJ decision; dollar firm ahead of Fed

Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank would tolerate moves in the 10-year JGB yield of around 20 basis points from its policy target of zero percent, wider than the range ...More..

Wraps, Salads Sold At Trader Joe's, Kroger, Walgreens Possibly Contaminated with Cyclospora
by | Thursday, August 02, 2018

Wraps, Salads Sold At Trader Joe's, Kroger, Walgreens Possibly Contaminated with Cyclospora

The products recalled from Trader Joe's include the Caesar salad with chicken, tarragon chicken salad wrap and the Chinese inspired salad with chicken. The symptoms of Cyclosporiasis include loss of appetite,...More..

Tesla to add Atari games to its electric cars
by | Thursday, August 02, 2018

Tesla to add Atari games to its electric cars

Tesla reported a loss of $3.06 a share, missing analyst forecasts for a loss of $2.88 a share, on sales of $4 billion, which was just ahead of predictions for $3.99 billion. He also said he wants to link " Pol...More..

Turkey says to retaliate against United States decision to impose sanctions over pastor
by | Thursday, August 02, 2018

Turkey says to retaliate against United States decision to impose sanctions over pastor

Brunson's detention has deepened a rift between Washington and Ankara, which are also at odds over the Syrian war, Turkey's plan to buy a missile defense system from Russian Federation, and planned USA sanct...More..

Africa nervously eyes Trump's trade war
by | Wednesday, August 01, 2018

Africa nervously eyes Trump's trade war

A surprise deal struck on Wednesday will see Washington suspend the imposition of any new tariffs on the European Union, including a proposed 25 percent levy on auto imports, and hold talks over tariffs on ...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

Apple said iPhone shipments edged about 1% higher. The company, based in Cupertino, California, said its average iPhone selling price hit $724 (£552), beating analysts' expectations of $694 (£529). Apple sh...More..

Harley-Davidson plans to debut its electric motorcycle in 2019
by | Tuesday, July 31, 2018

Harley-Davidson plans to debut its electric motorcycle in 2019

It's promising to expand that line over the next few years. It is recalibrating strategies to save the dwindling market share in several countries. Coming in 2019 is the LiveWire , Harley-Davidson's first ...More..

McDonald's to offer
by | Tuesday, July 31, 2018

McDonald's to offer "Mac Coins"

The MacCoins will begin rolling out on Thursday which would have been the 100th birthday of Jim Delligatti, a former McDonald's owner-operator who created the Big Mac. "The Big Mac is a cultural icon and what...More..

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

Facebook is sued after stock plunge 'shocked' market

Thursday saw a record fall in the shares of Facebook, cutting the company's market capitalization from $629 billion to $510 billion after the prices plunged by 19%. Zuckerberg, 34, is now the world's sixth-rich...More..

EU Official Used Colorful Cue Cards To Explain Trade Points To Trump
by | Sunday, July 29, 2018

EU Official Used Colorful Cue Cards To Explain Trade Points To Trump

Juncker, who has been more emollient in his language with regard to Trump than Donald Tusk, the European council president, will give a speech entitled: transatlantic relations: at a crossroads, after his mee...More..

Amazon's global losses fall for first time since 2016
by | Saturday, July 28, 2018

Amazon's global losses fall for first time since 2016

Inc forecast strong fall sales and posted a profit that was double Wall Street targets on Thursday thanks to the retailer's younger, higher-earning businesses, including cloud computing and advertising. The c...More..

How China's tariffs on soybeans fueled the US GDP bump
by | Saturday, July 28, 2018

How China's tariffs on soybeans fueled the US GDP bump

Trump is joined at the White House by Vice President Mike Pence and several members of his Cabinet. Analysts said that increase was due to stockpiling by Chinese importers before Beijing's retaliatory tariffs...More..

Facebook sets up China subsidiary
by | Saturday, July 28, 2018

Facebook sets up China subsidiary

Zhang holds the same role at the company behind Facebook's sneaky launch a year ago of a photo-sharing app for China called Colorful Balloons, which recreated Facebook's Moments app. Yet the information on hi...More..

Twitter's stock plunges 21% after reporting drop in user numbers
by | Saturday, July 28, 2018

Twitter's stock plunges 21% after reporting drop in user numbers

The Twitter logo appears on a phone post on the floor of the New York Stock Exchange in October 2015. That marks the third consecutive profitable quarter for the company. The company is expected to post an adju...More..

Pres. Trump laments decades of United States trade policy
by | Saturday, July 28, 2018

Pres. Trump laments decades of United States trade policy

China and other top US trade partners zeroed in on American farmers with retaliatory tariffs after the administration imposed duties on Chinese goods as well as steel and aluminum from the European Union , ...More..

China’s Xi warns of ‘unilateralism’ in US trade dispute
by | Saturday, July 28, 2018

China’s Xi warns of ‘unilateralism’ in US trade dispute

On Wednesday‚ Chinese president Xi Jinping said there would be "no winner" in a global trade war‚ which has been perceived as a warning to US President Donald Trump. The agreements which are set to be signe...More..

Facebook's Day Of Reckoning: Blip Or Sign Of Broader Turn?
by | Saturday, July 28, 2018

Facebook's Day Of Reckoning: Blip Or Sign Of Broader Turn?

Before today's massive loss, Facebook's largest single-day drop came in July 2012 when it shed 11 percent. At one point during the day, Facebook's shares were reported by CNBC to have dropped by as much...More..

SEC rejects Bitcoin ETF proposal, BTC goes below $8,000
by | Friday, July 27, 2018

SEC rejects Bitcoin ETF proposal, BTC goes below $8,000

One member of the four-person commission voted to bless the Winklevoss initiative. While there are numerous other bitcoin-related ETF proposals now lodged with the SEC, those of VanEck and SolidX have gener...More..

Facebook sees biggest stock market value drop in history as growth slows
by | Friday, July 27, 2018

Facebook sees biggest stock market value drop in history as growth slows

Other big Facebook investors also took a hit as disappointing second-quarter results obliterated US$119 billion of market value, the most ever in a day for a United States company. Those European privacy re...More..

Oil prices climb as Iran-backed Houthi rebels attack Saudi Arabian tankers
by | Friday, July 27, 2018

Oil prices climb as Iran-backed Houthi rebels attack Saudi Arabian tankers

The vessel apparently belongs to the Saudi shipping group Bahri, which reported on Wednesday that one of its VLCC (Very Large Crude Carrier) tankers had been damaged in the Red Sea. "In the interest of the ...More..

How Trump's trade feuds impact Valley farmers
by | Thursday, July 26, 2018

How Trump's trade feuds impact Valley farmers

Mr Juncker said the two sides agreed that as long as they were negotiating on trade, they would hold off on further tariffs, including potential USA tariffs on cars and auto parts. On another front, Trump's...More..

Sterling adds to recent gains after May says to lead Brexit talks
by | Thursday, July 26, 2018

Sterling adds to recent gains after May says to lead Brexit talks

Unsurprisingly, the government has also talked down Gurr's vision of how the United Kingdom would fare being outside the political bloc, with a spokeswoman telling The Guardian: "Where is the evidence to sugg...More..

Trump administration announces $12 billion 'bailout' for farmers
by | Thursday, July 26, 2018

Trump administration announces $12 billion 'bailout' for farmers

In response, other nations have slapped retaliatory tariffs on a wide range of USA products. His defense came after his administration announced a plan to provide $12 billion in emergency relief for farmers w...More..

Oil prices rise after USA crude inventories fall
by | Thursday, July 26, 2018

Oil prices rise after USA crude inventories fall

United States light crude was 5 cents higher at $68.57, having risen almost 1 per cent in the previous session. The growing trade conflict between the USA and China can weaken the demand for energy, while a...More..

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