Money

Money Apple shares tumble as firm blames sales slump on China slowdown
Author: 0 Apple shares tumble as firm blames sales slump on China slowdown

The memo, aimed at pepping up staff after cutting its revenue outlook for the first time since 2002, reiterated Cook's note to investors that it missed its target due to lower than expected iPhone sales in China. The beginning of 2019 isn't proving to be as fruitful as Apple anticipated. Tim Cook: "This moment gives us an opportunity to learn and to take action".

Money RBI stops printing, circulating Rs 2,000 currency notes
Author: 0 RBI stops printing, circulating Rs 2,000 currency notes

When the Rs 2000 note was launched, it was decided that the printing would be "scaled down" going forward, since the new high currency value note was meant for meeting the remonetisation need. According to the report , while the printing of the notes has been stopped doesn't mean that it will become invalid but will gradually be phased out.

Money How to get rid of your Christmas tree in Baltimore County
Author: 0 How to get rid of your Christmas tree in Baltimore County

Christmas lights and decorations must be removed from the trees prior to their drop-off. Recycled trees will be chipped and used as mulch, the website says. If you are throwing out an artificial Christmas tree larger than four feet, you must schedule a bulk pickup appointment. If you need to get rid of your tree after January 11, you can still take it to a Regional Facility, but fees will apply.

Money US Should Avoid
Author: 0 US Should Avoid "Strategic Misjudgement", Says China Amid Trade War

Xi said next year marks the 40th anniversary of the establishment of diplomatic ties between the United States and China, adding that China attaches great importance to the development of bilateral relations and appreciates the willingness of the USA side to develop cooperative and constructive bilateral relations.

Money Man attacks McDonald's employee over a straw, woman fights back
Author: 0 Man attacks McDonald's employee over a straw, woman fights back

Twitter has been outraged, and user @ AfroStateofMind wrote, "I count at least three grown men, one of whom looks like a supervisor of some sort, watch while this White man assaulted this Black woman employee". "He reached across and tried to grab her and hit her", she said. "And I want her a** fired right now", said Taylor. In an instant, he violently grabs her and she goes flying across the counter but she immediately begins to fight back.

Money Florida Minimum Wage Increases
Author: 0 Florida Minimum Wage Increases

If you're an employer with minimum-wage employees, you may have to pay them more starting this week. Minimum wage workers will see that pay increase beginning December 31, 2018, but their new wage depends on where in the state they work. The debate over the minimum wage has long divided both Americans and economists. Some have repeatedly raised their rates. "I think the weight of the evidence to date suggests the employment effects from minimum-wage increases in the US have been pretty ...

Money China Takes Wind Out Of Apple iPhone Sales
Author: 0 China Takes Wind Out Of Apple iPhone Sales

And, yes, this is going to bleed well beyond Apple only pulling down $84 billion in revenue for a single quarter, because... While iPhone revenue accounted for the forecast cut, Apple's other product categories, including the iPad and services, grew a combined 19 percent year-over-year, he said.

Money Cathay Pacific mistakenly sells $16,000 flight for $675
Author: 0 Cathay Pacific mistakenly sells $16,000 flight for $675

Cathay Pacific accidentally sold first and business-class tickets for a fraction of their normal prices. On Wednesday, Cathay Pacific tweeted , "Happy 2019 all, and to those who bought our good - VERY good surprise "special" on New Year's Day, yes - we made a mistake but we look forward to welcoming you on board with your ticket issued".

Money Tesla sinks after Model 3 price cut, disappointing deliveries
Author: 0 Tesla sinks after Model 3 price cut, disappointing deliveries

The fourth quarter marked an end to a $7,500 federal tax credit that Tesla was able to use to lure buyers in the past. The company announced it had delivered 63,150 vehicles in the quarter, up from 1,550 in the same period previous year but below the 64,900 analysts had been expecting.

Money Activision Blizzard is firing its CFO
Author: 0 Activision Blizzard is firing its CFO

In a PR statement, it said that he was "terminated for cause for violating his legal obligations to the Company". ▲ Activision Blizzard fired Chief Financial Officer Spencer Neumann (right) last night. Neumann might be out, but another big-name company has picked him up: Netflix. At the time of this writing, Neumann is on paid leave pending an appeal of the decision to remove him from his position.

Money Mega Millions jackpot up to $425 million for New Year's drawing
Author: 0 Mega Millions jackpot up to $425 million for New Year's drawing

But even knowing that, it seems a lot of you don't want to pass up the chance at a live changing jackpot to start off the new year. On Wednesday, the Powerball drawing will be at $53 million. Jackpot winners choose whether to receive 30 annual payments, each five percent higher than the last, or a lump-sum payment. It's no secret the odds of winning that $ 425 million Tuesday night from the Mega Millions drawing are stacked against you.

Money Ky. police cry over burnt Krispy Kreme truck; doughnut humor ensues
Author: 0 Ky. police cry over burnt Krispy Kreme truck; doughnut humor ensues

According to the department, they are at a loss for words. With that, the officers made a decision to express their sadness in a joking tweet, sharing photos of themselves looking disappointed in front of the burned truck. It's not clear what caused the accident, but the police department indicated there were no injuries in the accident . "Your brothers and sisters in MA are here for you during these tough times".

Money Markets Right Now: Stocks end dismal year on a bright note
Author: 0 Markets Right Now: Stocks end dismal year on a bright note

LOUSY YEAR: The S&P 500 index, the market's main benchmark, is on track for a loss of 6.5 per cent this year, or 5.2 per cent once dividends are included. Market watchers are always nervous about Fed tightening cycles, especially as they reach their end, fearing they might overdo it, but Trump has dialed up the jitters with repeated attacks on Powell.

Money Florida minimum wage rises to $8.46 per hour beginning Tuesday
Author: 0 Florida minimum wage rises to $8.46 per hour beginning Tuesday

The hourly minimum wage for tipped employees will be $4.55 per hour effective January 1, 2019, half the minimum wage for non-tipped employees. But 29 of the 50 states, along with the District of Columbia, have their own minimum wage laws, and 42 municipalities or counties have minimum wages that are higher than the minimum in their state.

Money Tesla adds Walgreens’ Wilson-Thompson, Oracle’s Ellison to board
Author: 0 Tesla adds Walgreens’ Wilson-Thompson, Oracle’s Ellison to board

Expecting a huge surge in demand near the end of 2018 because of the scheduled tax credit cut, Tesla went out of its way to produce a record number of cars to have them ready for the purchase. Tesla's legal department also has been going through shakeups since Mr Musk's run-in with the SEC. While its stock continue to tank and Elon Musk continues to repeat his tax credit promise, Electrek now reports that the company has over 3000 Model 3 units left in its USA inventory.

Money Jetway collapses at Baltimore-Washington International Airport
Author: 0 Jetway collapses at Baltimore-Washington International Airport

While medics were helping the passenger outside the plane, the jet bridge experienced a failure, Southwest Airlines said. A jetway is the structure passengers walk through to board the plane. The airport tweeted that six people were taken to a hospital Saturday night with non-life-threatening injuries due to the incident at Gate E-10. The remaining passengers were able to get off the plane using airstairs.

Money China customs gives green light for United States rice imports
Author: 0 China customs gives green light for United States rice imports

The trade truce began after Trump met with Chinese leader Xi Jinping at a G20 summit in Buenos Aires on December 1 and they agreed to hold off on further tariffs or retaliation for 90 days. China wants the U.S.to remove the punitive tariffs that have been imposed and not add new ones, but suspects the US will ask for more before it agrees to do that, the people said.

Money Two local Sears stores to close
Author: 0 Two local Sears stores to close

The Sears store at Towne East Square in Wichita is one of 80 locations closing across the country, the company said Friday. Eddie Lampert, the Sears chairman and its largest creditor, met a deadline imposed by the company for potential buyers of hundreds of stores and other Sears assets.

Money MS to receive $2.5 million in Wells Fargo settlement
Author: 0 MS to receive $2.5 million in Wells Fargo settlement

Attorney General Lawrence Wasden announced today that Wells Fargo Bank N.A. will pay $575 million to resolve claims that the company violated state consumer protection laws. Wells Fargo has been ordered to set up a dedicated website and phone number by February 26, 2019, for its affected banking, insurance, auto loan and home mortgage customers to file claims for refunds in this settlement.

Money Sears at CherryVale Mall to close in March
Author: 0 Sears at CherryVale Mall to close in March

But the $4.6 billion offer is contingent on ESL being released from any liability connected to its pre-bankruptcy transactions. Lampert says his plan would let 50,000 Sears employees keep their jobs. A bid that would keep Sears in business also gives lenders who aren't first in line to be repaid a shot at retrieving a larger portion of what they're owed.

Money Minimum wage hike in effect December 31
Author: 0 Minimum wage hike in effect December 31

More than two years after Governor Andrew Cuomo declared victory in the Fight for $15 campaign, an initial group of New York City's lowest paid workers will finally see the promised figure reflected in their paychecks. So far, major cities that have implemented the $15 minimum wage, including San Francisco and Seattle, have not seen the significant job losses predicted by some business owners and economists .

Money India tightens e-commerce rules, likely to hit Amazon, Flipkart
Author: 0 India tightens e-commerce rules, likely to hit Amazon, Flipkart

No more "exclusive" launches Initially you may think that it's not a bad thing that products will be available on all platforms rather than just being a "Flipkart-exclusive" or an "Amazon-exclusive", but being exclusive is what played a big part in allowing products to bundle in special offers.

Money Dow Jones soars 1,086 points in largest single-day increase
Author: 0 Dow Jones soars 1,086 points in largest single-day increase

Markets in Europe, Hong Kong and Australia were closed. T jumped 3.14 percent, led by Amazon , after a Mastercard report showed USA holiday sales were the strongest in six years. Firstly, the U.S. government shutdown weighs on risk and there were rumours that Trump was looking at a way to fire Fed's governor Powell. A Mastercard report that sales during the United States holiday shopping season rose 5.1pc to over $850bn in 2018, the strongest in the past six years, helped stocks, as did ...

Money Coal For Christmas On Wall Street: S&P 500 Enters Bear Territory
Author: 0 Coal For Christmas On Wall Street: S&P 500 Enters Bear Territory

Speaking to reporters in the Oval Office after a Christmas video conference with US troops deployed overseas, Trump also said USA companies were " the greatest in the world " and presented a "tremendous" buying opportunity. The Fed hiked interest rates again last week, as had been widely expected. "I have spoken with the President @realDonaldTrump and he said 'I totally disagree with Fed policy".

Money Amazon Enjoys Best Ever Holiday Season
Author: 0 Amazon Enjoys Best Ever Holiday Season

Amazon hailed the 2018 festive period as the best year ever for these kinds of businesses, adding that items sold on Amazon sold at a "faster rate than retail". Amazon's Alexa service is required to set up the Echo Dot and other smart devices, and with so many people receiving them as gifts on Christmas morning, the Alexa app saw a surge in traffic.

Money Dow Suffers Record-Breaking Christmas Eve Losses
Author: 0 Dow Suffers Record-Breaking Christmas Eve Losses

The markets were rattled by an unprompted announcement by Treasury Secretary Steven Mnuchin over the weekend that the USA banking system was solid. White House economic advisor Kevin Hassett sought to reassure on Powell's prospects, telling ABC News the Fed chief is "100 per cent" safe.

Money Elon Musk says Tesla to pay customers for missed tax credits
Author: 0 Elon Musk says Tesla to pay customers for missed tax credits

Creation of the ES8 of NIO was started just in June and it has just made 10,000 or so autos. The Chinese government is promoting EVs . In a recent note to investors obtained by CNBC , Wedbush Securities analyst Dan Ives has predicted that demand for Tesla's Model 3 sedan "looks very strong into 2019 and beyond", something that could reduce the risk for the electric vehicle maker needing to raise capital again in the near future.

Money Oil surges 8% after steep slide; growth fears still weigh
Author: 0 Oil surges 8% after steep slide; growth fears still weigh

Despite the latest OPEC headlines, concerns over the potential negative impact of a global economic slowdown on oil demand and the record production levels to major producers continue to weigh on crude oil prices . The contract settled 5.3% lower to end at $1.2488 a gallon on Monday, booking its lowest settlement since February 29, 2016. "The recent weakness in the physical Brent structure can be attributed to a broader easing of purchases by Asian refiners at this point, with lower-end-Q1 ...

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