Money

Money Apple earnings beat expectations as it sells pricer iPhones
Author: 0 Apple earnings beat expectations as it sells pricer iPhones

Apple sold 41.3 million iPhones during the quarter, compared to 41 million a year ago. Apple also forecast revenue above expectations for the fall, when it typically launches new iPhone models, reassuring a nervous tech sector that saw sell-offs last week in Facebook Inc, Twitter Inc and Netflix Inc on concerns about their future growth.

Money Caller Demands Second Referendum To Change His Vote To Remain
Author: 0 Caller Demands Second Referendum To Change His Vote To Remain

The approval rating of the job of Prime Minister of great Britain Theresa may fell to a record low, probably because of dissatisfaction with recent proposals for Brexit . The two main parties are running neck and neck in voting intention figures, with both the Conservatives and Labour on 38 per cent, the Liberal Democrats on 10 per cent and Ukip on 6 per cent.

Money Harley-Davidson Bombshell Includes Adventure Bike
Author: 0 Harley-Davidson Bombshell Includes Adventure Bike

The 115-year-old Milwaukee, Wis. -based company, known for its heavy touring motorcycles, is scrambling to revamp its operations as its mainstay customer base ages by tapping into younger buyers, particularly in Asia, by offering nimbler motorcycles with smaller engines.

Money Fox and Disney shareholders approve deal for entertainment assets
Author: 0 Fox and Disney shareholders approve deal for entertainment assets

The proposals included the adoption by 21st Century Fox stockholders of the merger agreement with Disney (the " Disney Merger Agreement") and the distribution merger agreement for the spin-off of new "Fox ". "Ultimately, we pulled back because we thought that we couldn't build enough shareholder value by making the price at which it seemed, in our judgment, to be possible to buy that, which was increasing", the exec said on Comcast's second-quarter earnings conference call in response to ...

Money Has Elon Musk been reduced to selling trinkets to keep Tesla afloat?
Author: 0 Has Elon Musk been reduced to selling trinkets to keep Tesla afloat?

The board also welcomes tonal logos in a subtle contrasting gloss. The boards are custom-made, the site said, and can fit inside Tesla's Model 3, X and 3 cars. According to a report by TechCrunch, on Saturday night, the Tesla online shop's product page showed the surfboard but it was gone the next morning.

Money Kudlow says trade negotiations with the European Union to begin
Author: 0 Kudlow says trade negotiations with the European Union to begin "immediately"

The US treasury secretary today insisted that agricultural issues were discussed in President Donald Trump's talks last week with Jean-Claude Juncker, contradicting the EU Commission president's account of the negotiations. The clarification came a day after Mr Trump hailed the agreement as a major victory for USA farmers, who have seen their exports plummet due to Washington's protectionist policies.

Money Facebook Shareholders Sue Company as Stocks Tumble
Author: 0 Facebook Shareholders Sue Company as Stocks Tumble

This is not the first time the social media company has faced lawsuits this year with the company dealing with the aftermath of the Cambridge Analytica scandal. Buffett now ranks third among the world's billionaires, while Zuckerberg is sixth. The previous record drop was by Intel in September 2000, when it lost $91 billion in market capitalization.

Money World's oldest person, a Japanese woman, dies at 117
Author: 0 World's oldest person, a Japanese woman, dies at 117

Mayako's family said they called her " the goddess ". Her love was calligraphy, something she started learning during childhood, and had been creating calligraphic works until recently. The world's oldest woman now must be determined. In May, The Post's Lindsey Bever wrote about Fredie Blom, a South African man who turned 114 this year .

Money Facebook is building 'innovation hub' in China
Author: 0 Facebook is building 'innovation hub' in China

The US social media giant had gained approval to open a subsidiary on mainland China, where its services are not now available, but only for a few hours, the New York Times reports . Apparently the regulatory was miffed that it hadn't been closely consulted in the entire episode. But according to experts, this is an internal matter of the Chinese government and should not alarm the U.S.

Money U.S. hopes to reach new NAFTA accord next month
Author: 0 U.S. hopes to reach new NAFTA accord next month

In a letter to Andres Manuel Lopez Obrador , who won Mexico's presidential election on July 1, Trump said that he was looking forward to working closely together to build a great relationship. "He didn't always see (outgoing Mexican President ) Enrique Pena Nieto in that way", Wood said. At a meeting between Canadian officials and their Mexican counterparts in Mexico City, the two countries also rejected the Trump administration's calls for a sunset clause, which would see NAFTA ...

Money SEC Sinks Bitcoin ETF Over Fears of Price Manipulation
Author: 0 SEC Sinks Bitcoin ETF Over Fears of Price Manipulation

According to a release Thursday by the SEC, the agency said that it did not agree with the Winklevoss' premise that cryptocurrency markets are "uniquely resistant to manipulation". This fact is an illustration of the influence of the SEC's decision. There are now no bitcoin ETFs on the market in the US, although the Bitcoin Investment Trust (GBTC) is somewhat similar to an ETF and trades over the counter.

Money Amazon earnings: What to expect
Author: 0 Amazon earnings: What to expect

After a sizable dip in March and April this year, seemingly related to USA president Donald Trump's criticism of the firm, the company's stock resumed an nearly uninterrupted multi-year climb. The company's shares were down about 3% during regular trading hours on Thursday. But Amazon's eye-popping growth has also led to increased scrutiny over the possibility that the company's market dominance gives it monopoly power.

Money Facebook shares dive on weak outlook, weighing on Nasdaq
Author: 0 Facebook shares dive on weak outlook, weighing on Nasdaq

SPX lost 8.63 points, or 0.30 percent, to 2,837.44 and the Nasdaq Composite . IXIC dropped 80.05 points, or 1.01 percent, to 7,852.19. The S&P 500 index fell 3 points, or 0.1 percent, to 2,833 as of 10:15 a.m. TASTY RESULTS: Shares in Mondelez International, which sells Oreo cookies and Cadbury chocolate, climbed 4.6 percent to $43.39 after the company's latest quarterly earnings and revenue topped analyst estimates.

Money Facebook quietly sets up subsidiary in China despite hardening censorship
Author: 0 Facebook quietly sets up subsidiary in China despite hardening censorship

As per a filing seen on China's National Enterprise Credit Information Publicity System by Reuters , the Facebook Chinese subsidiary was approved recently on July 18. Last year, Facebook authorised a local company to release a photo-sharing app called "colorful balloons in China". Facebook's website remains banned in China, which strictly censors foreign news outlets, search engines and social media including content from Twitter Inc and Alphabet Inc's Google .

Money Twitter tanks on Wall Street, continuing tough week for social media stocks
Author: 0 Twitter tanks on Wall Street, continuing tough week for social media stocks

The plunge mirrors Facebook's historic wipeout, which erased $119 billion of value from the social-media giant after it reported disappointing results. The company's chief financial officer, Ned Segal, wrote on Twitter earlier this month that most of the deleted accounts are never counted in the company's user metrics.

Money Russia’s Putin says he invited Trump to Moscow
Author: 0 Russia’s Putin says he invited Trump to Moscow

The transfer could mean a major promise delivered by North Korean leader Kim Jong-un. Rudy Giuliani, Mr Trump's lawyer, used a broadcast interview to paint Mr Cohen as a "pathological liar" who does not have "any credibility". Kaitlan Collins: "Mr. President, are you anxious about what Michael Cohen is going to say to prosecutors?" "There's a lot more to come", one source said.

Money Trump secures concessions to avoid US-EU trade war
Author: 0 Trump secures concessions to avoid US-EU trade war

His comments came after his administration announced a plan to provide 12 billion dollars (£9 billion) in emergency relief for farmers who have been hit by the president's trade disputes with China and other countries. "Since the price decline of USA soybeans in June 2018, the European Union is anyway purchasing more soybeans from the United States for economic reasons and there are no European Union import restrictions on US soybeans which can be removed", said Stefan Vogel, head of ...

Author: 0 White House defends decision to bar CNN reporter from event

Trump, his son, his lawyers and other administration officials have repeatedly said Trump did not know about the meeting until news of it broke in July 2017. "By all means. By the way, he has such an invitation, I told him about that". Both Mr Putin and Mr Trump deny the allegations. Putin did not say how Trump had reacted to the invitation to travel to Moscow.

Money BRICS bloc signs declaration reaffirming multilateral trade as per WTO rules
Author: 0 BRICS bloc signs declaration reaffirming multilateral trade as per WTO rules

Xi held talks with South African President Cyril Ramaphosa in Pretoria on the eve of the gathering, saying that "the Johannesburg summit has special significance for BRICS cooperation in the new circumstances". "South Africa, and Africa more broadly, can benefit from increasing exports to fast growing countries like India and China". BRICS takes up 26 per cent of the world's land mass.

Money Trump could actually win his trade war with Europe
Author: 0 Trump could actually win his trade war with Europe

During the visit Europe pledged to buy billions of exports from the United States for a stay of execution on vehicle tariffs. "Take energy: In 2016, the first USA boat exporting American liquefied natural gas docked in the coast of Portugal".

Money Facebook is sued after stock plunge 'shocked' market
Author: 0 Facebook is sued after stock plunge 'shocked' market

Facebook didn't respond to a request for comment. Facebook founder Mark Zuckerberg could lose his position as chairman of the firm. For numerous world's richest people, losing $16.8 billion in a day would be a wipeout. Facebook's loss was the biggest single-day drop since it started trading publicly in May 2012. That contrasts with ads reaching users who are on industry leaders Facebook and Alphabet's Google for a range of purposes.

Money Trump Celebrates GDP Surge: America is Winning Again
Author: 0 Trump Celebrates GDP Surge: America is Winning Again

Business investment grew at a solid 7.3 percent rate in the second quarter. With the Friday data, the Commerce Department also released comprehensive GDP revisions going back decades. Surveys indicate that firms view their current inventories as too low and are looking to rebuild them going forward. However, the Council of Economic Advisers Chairman Kevin Hassett said recent growth set the stage for a stronger economy in the second half of the year.

Money Trump administration announces $12 billion 'bailout' for farmers
Author: 0 Trump administration announces $12 billion 'bailout' for farmers

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 , Canada and Mexico. He earned praise from House Agriculture Committee Chairman Mike Conaway of Texas for the aid package and for announcing an agreement with the European Union's chief executive, Jean-Claude Juncker, to work toward eliminating trade barriers.

Money Oil rises after Saudi Arabia suspends shipments following Red Sea lane attack
Author: 0 Oil rises after Saudi Arabia suspends shipments following Red Sea lane attack

The movement's fighters launch missile attacks on Saudi targets in response to Riyadh's war on Yemen . Closing the strait, which has a shipping channel just two miles (3.2 km) wide, would force oil and liquefied natural gas (LNG) tankers around the southern tip of Africa, extending the distance for a vessel travelling between Saudi Arabia and the United States by 2,700 miles (4,300 km).

Money France sounds cautious note after crunch European Union talks with US
Author: 0 France sounds cautious note after crunch European Union talks with US

Important meeting at the White House today with @JunckerEU and @realDonaldTrump . White House Deputy Press Secretary Hogan Gidley told reporters aboard Air Force One traveling to Joint Base Andrews in Camp Springs, Maryland, that the administration has begun taking the necessary steps to revoke access to classified information from former top intelligence officials but declined to get into specifics.

Money U.S. unable to block Iranian ships in the Persian Gulf
Author: 0 U.S. unable to block Iranian ships in the Persian Gulf

Gen. Qassem Soleimani, who heads the elite Quds Force of Iran's hard-line paramilitary Revolutionary Guard, called Trump a "gambler" and said: "You will start the war but we will end it". "We are ready to stand against you". Just 7 percent of Americans consider Iran to be friendly or an ally to the United States, with a third describing it as unfriendly; 38 percent believe Iran is an enemy of the U.S.

Money Facebook Shares Tumble More Than 20 Percent On Poor Earnings
Author: 0 Facebook Shares Tumble More Than 20 Percent On Poor Earnings

Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma, in recent years has trimmed, but not eliminated, the amount of Facebook shares in his clients' accounts, and he said he sees the company as a three-year investment.

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