Money

Money Here's why we might not see an iPhone SE 2 this year
Author: 0 Here's why we might not see an iPhone SE 2 this year

Apple has reportedly notified suppliers that it will cute its iPhone X production target for the first quarter by 50 percent to around 20 million units. So far, Apple is preparing to launch three new iPhone models until the second quarter of 2018. Groups in both the Senate and the House of Representatives have questioned Apple , and the company faces more than 45 class-action lawsuits from consumers .

Money BBC to close presenter gender pay gap by 2020
Author: 0 BBC to close presenter gender pay gap by 2020

The station's managers, including general manager Tony Hall , will also be called to testify. The BBC acknowledged a lack of "clear pay frameworks" and a "lack of clarity and openness about the basis for pay decisions because of the absence of pay ranges for on-air roles".

Money Quiksilver CEO Pierre Agnès is lost at sea
Author: 0 Quiksilver CEO Pierre Agnès is lost at sea

In a statement, Boardriders said, "Early this morning our CEO, Pierre Agnes , did what he did many mornings and went fishing on his beloved boat to start his day". Three years ago, he replaced Andy Mooney, who served as the brand's CEO between 2013 and 2015. Quiksilver , known for its surf wear, was founded in Australia but is now majority-owned by an American investment group and based in Huntington Beach, California.

Money Asian Shares Ease As Weaker Dollar Weighs On Regional Firms
Author: 0 Asian Shares Ease As Weaker Dollar Weighs On Regional Firms

Speaking to reporters at the World Economic Forum (WEF) annual conference in Davos on Thursday, Mr Mnuchin: "I thought my comment on the dollar was actually quite clear yesterday". The currency fell to its lowest level in over three years as a result, forcing the Trump official to clarify his position. 'The market forces, fundamentals all suggest that the dollar should weaken over the course of 2018, ' said Roy Teo, investment strategist for LGT Bank in Singapore.

Money Massive Japanese cryptocurrency hack won't be the last, Wall Street analyst says
Author: 0 Massive Japanese cryptocurrency hack won't be the last, Wall Street analyst says

On Friday 26th the trading platform Coincheck stopped all exchanges of cryptocurrencies, excluding Bitcoin , after discovering that hackers had stolen the equivalent of 58 billion yen (roughly 378.4 million pounds) in NEM coins . Security firm SecureWorks said in December it had uncovered a spearphishing campaign targeting employees at cryptocurrency firms in a bid to steal bitcoin.

Money Keurig buys Dr. Pepper Snapple, creating a beverage giant
Author: 0 Keurig buys Dr. Pepper Snapple, creating a beverage giant

The new company will unite carbonated favorites like Dr Pepper and 7 Up with some of the single-serve Keurig pods you and your office pals just can't quit. Bond prices fell. The yield on the 10-year Treasury note rose to 2.69 percent. United Capital Financial Advisers Llc, which manages about $9.56 billion and $11.79B US Long portfolio, decreased its stake in Aon Plc (NYSE:AON) by 4,265 shares to 11,384 shares, valued at $1.66 million in 2017Q3, according to the filing.

Money Trump security team mulling 5G network to counter China
Author: 0 Trump security team mulling 5G network to counter China

However wireless providers have already bought much of the spectrum in preparation for a 5G network and it is not clear whether there is enough left for the U.S. A nationalized wireless network would be unprecedented for the United States. Earlier this year, USA lawmakers urged AT&T to cut commercial ties with Huawei.

Money Volkswagen Denies Involvement in Animal Cruelty in Monkey Experiment
Author: 0 Volkswagen Denies Involvement in Animal Cruelty in Monkey Experiment

A Netflix investigative series Dirty Money has also documented the experiments, landing the carmaker into a fresh soup, even as it still struggles to recover from the 2015 emissions fiasco. Amal Johal, director of consumer action and group litigation specialists Your Lawyers, said: "How does a global corporation think it can continue to get away with another act of fraud?" McDonald did not know when the tests were conducted that the vehicle's emissions were rigged.

Money Brent Crude Hits 3-Year High to Sell for $71
Author: 0 Brent Crude Hits 3-Year High to Sell for $71

The contract also touched a new three-year high on Wednesday. US West Texas Intermediate (WTI) crude futures closed at $66.14 a barrel, up 63 cents, or almost 1 percent. The weaker level of the U.S. dollar is also adding upward momentum. United States energy companies added 12 oil rigs this week, the biggest weekly increase since March, as crude prices hovered near their highest levels since 2014.

Money United States stocks open higher after earnings reports
Author: 0 United States stocks open higher after earnings reports

U.S. Treasury prices ended mostly higher, with the benchmark 10-year yield sliding 3 bps to 2.62% and the two-year yield finishing flat at 2.08%. The U.S. Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on January 17, 2018 in New York. "It's non-stop positive reinforcement that keeps pushing the market up", said Frank Davis, director of sales and trading at LEK Securities in NY.

Money Death Toll Rises To 31 In South Korea's Hospital Fire
Author: 0 Death Toll Rises To 31 In South Korea's Hospital Fire

Television news footage showed a huge pall of black smoke billowing from the windows and entrance to the hospital and flames flickering. Miryang fire officials put out the blaze around three hours after it started and preventing it from reaching the upper floors.

Money N. Korea planning military event on eve of Pyeongchang Games
Author: 0 N. Korea planning military event on eve of Pyeongchang Games

Moon's nosedive in popularity comes at a time when North Korea may be taking advantage of the reconciliatory mood in Seoul, and calling for an "independent" unification that could split the U.S. In regard to the cultural event program, the official said, "South Korea is thinking about contemporary music, traditional music and cultural events".

Money Candid digicam: Dutch hacked Russians hacking DNC, together with safety cameras
Author: 0 Candid digicam: Dutch hacked Russians hacking DNC, together with safety cameras

The paper claims that AIVD experts were able to monitor the work of a Russian hackers group named as Cosy Bear for between one and 2.5 years, both online and via a security camera in the building where they worked. enabling the National Security Agency, the Federal Bureau of Investigations, and the State Department to shut down the attack within 24 hours. The DNC hack, revealed by The Washington Post in June 2016, was considered a pivotal event in a series of actions believed to be ...

Money Israeli Media: Israel to Sell Croatia F-16s for 500 Million USD?
Author: 0 Israeli Media: Israel to Sell Croatia F-16s for 500 Million USD?

Israeli Prime Minister Benjamin Netanyahu's next political goal is getting the administration of US President Donald Trump to put to bed the idea that Palestinians whose families were driven into exile during the establishment of Israel have a right to return to the Jewish State, Israel's Hadashot TV news reported on Friday.

Money Draghi clears path for euro economy as momentum builds
Author: 0 Draghi clears path for euro economy as momentum builds

Meanwhile, financial markets are on alert for the slightest change in the bank's stance, after minutes from December's meeting showed governors planned to "revisit" policy early this year. Will ECB Provide More Hawkish Guidance? "It is compelled to focus on other monetary policy instruments" like interest rates in setting future policy, he added.

Money Alexis Sanchez, Arsenal 'have nothing to hide' over drugs test - Wenger
Author: 0 Alexis Sanchez, Arsenal 'have nothing to hide' over drugs test - Wenger

With the win, Mourinho maintained his 100% record of winning every major European Cup final as a manager. Renowned Portuguese expert Jose Mourinho has agreed with " Manchester United " on a contract extension. "He has brought an energy and a sense of objective to everything that he does and I am sure that will continue to bring results for the fans and the club".

Money Shares of leading state-run banks fall after recapitalisation plan
Author: 0 Shares of leading state-run banks fall after recapitalisation plan

It announced that Rs 1,35,000 crore would be infused through recapitalisation bonds , which would be issued by the government and would be subscribed by public sector banks in lieu of the capital they get from the government. The finance ministry will raise 800 billion rupees through recapitalisation bonds, and provide 81.4 billion from its budget to recapitalise the banks, Kumar said.

Money China warns of retaliation over U.S. tariffs
Author: 0 China warns of retaliation over U.S. tariffs

And most solar panels aren't on residential or commercial rooftops in Georgia. LG said on Tuesday it was disappointed by the move and called it a "misguided decision". Fortunately, back during the Obama administration, the Department of Energy began supporting efforts to help consumers lower the price of residential solar photovoltaic (PV) systems through online price quote aggregators, like EnergySage and PickMySolar .

Money At least 10 injured after volcanic eruption, avalanche at Japanese ski report
Author: 0 At least 10 injured after volcanic eruption, avalanche at Japanese ski report

A torrent of rocks reportedly hit the ski slopes following the eruption of Mount Kusatsu-Shirane, a 7,090ft volcano, in Gunma prefecture , north of Tokyo . Officials are still investigating and originally thought an avalanche had caused the carnage but later corrected that account . A police source said at one point that the number of injured totalled 12, with two of them in serious condition, adding they included GSDF members.

Money Senate confirms Powell as next Federal Reserve chairman
Author: 0 Senate confirms Powell as next Federal Reserve chairman

Powell will take over from current Federal Reserve Chair Janet Yellen after her term expires in February 2018. Now a Fed governor and former financial-firm executive, Powell is expected to mostly continue with Yellen's policies. "On the bank regulatory front, Powell has been supportive of the Dodd-Frank reforms, though in recent remarks he has suggested there may be room for some streamlining".

Author: 0 Trump says new tariffs will protect US jobs

In addition to solar panels - most of which are made in China but installed in American by American workers - other items will also be affected. Known as the "Section 201" safeguards, the United States will impose a 20 percent tariff on the first 1.2 million imported large home washers during the first year, and a 50 percent tariff on any machines above that number.

Money Tesla Model S Rams Stationary Fire Truck - Driver Blames Autopilot
Author: 0 Tesla Model S Rams Stationary Fire Truck - Driver Blames Autopilot

Furthermore, National Transportation Safety Board in the USA is gathering information about the accident involving a Tesla Inc. The driver reports the vehicle was on autopilot. Joshua Brown, a 40-year-old OH man, was killed near Williston, Florida, when his Model S collided with a truck while it was engaged in the Autopilot mode.

Money Woman falls overboard from Carnival Triumph during five-day cruise
Author: 0 Woman falls overboard from Carnival Triumph during five-day cruise

Crews are searching in the Gulf of Mexico for a woman who reportedly went overboard from a Carnival cruise ship which home ports in New Orleans . In the past calendar year, Carnival has seen three death-by-falling incidents. He also added that after the incident took place, the Bahamian law enforcement, the Federal Bureau of Investigation (FBI), the US Coast Guard and the Jacksonville Sheriff's Department were all notified, and the company is "assisting these agencies as the investigation ...

Money Mobile Network Is America's Fastest
Author: 0 Mobile Network Is America's Fastest

For this report, OpenSignal analyzed 5.9 billion measurements collected from 237,213 mobile devices between October 1 and December 30 of 2017. In that timeframe, the report saw data from 237,213 test devices, and there were more than 5 billion total measurements in an effort to get the best possible results and catalog them.

Money Russian Federation thinking of exiting OPEC production cut deal
Author: 0 Russian Federation thinking of exiting OPEC production cut deal

Reuters reported that OPEC has raised its forecast for oil supply from non-member countries in 2018 as higher prices encourage USA shale drillers to pump more, offsetting an OPEC-led deal to clear a supply glut and a deepening plunge in Venezuelan production.

Money Hundreds going through no pay after Carillion collapse
Author: 0 Hundreds going through no pay after Carillion collapse

There are fears about jobs , pay and pensions, all of which will need addressed. The Trades Union Congress (TUC) is part of the task force and is pressing for the transfer of private sector contracts to alternative providers with jobs, pay and pensions protected.

Author: 0 Alabama "out" of Amazon second headquarters consideration

Officials from Amazon say they received 238 proposals for its new headquarters. Other parts of the proposal included incentives to locate the headquarters in a distressed area of the city, tax credits to invest in rural broadband, individual income tax deductions for Amazon employees who relocated to Missouri and refundable contribution tax credits in return for Amazon's investments in science and technology-focused educational programs for Missouri's youth.

Money Bitcoin falls below $10000; value halved since mid-December
Author: 0 Bitcoin falls below $10000; value halved since mid-December

This cryptocurrency has been on the lips of many due to the firm behind it and the fact that it does not uses a decentralized system like Bitcoin or other cryptocurrencies out there. The recent price drop also followed Bitcoin declining in value from around the $20,000 mark at the end of 2017. Hong Nam-ki, minister of the office for government policy coordination, said that opinions on cryptocurrency trading are sharply divided within the government, but vowed to make a decision on ...

Money Amazon boosts Prime fees for United States monthly subscribers
Author: 0 Amazon boosts Prime fees for United States monthly subscribers

Amazon isn't raising the $99 annual fee for Prime membership so this appears to be a drive to push customers onto the yearly tier. If you're on the monthly plan and wind up sticking with Prime for a year, you'll pay nearly $156. The company's bumping up pricing from $10.99 to $12.99. That fee isn't increasing, nor is a standalone Prime Video subscription rate of $8.99 a month.

Money Shubhankar makes cut comfortably in Abu Dhabi, placed 44th
Author: 0 Shubhankar makes cut comfortably in Abu Dhabi, placed 44th

Fleetwood, the defending champion and last years European Tour money victor, continued his solid form by hitting all greens in regulation. I feel like I hit the ball very similar. I hit it really well, had a lot of great looks, but I didn't really hole any putts until I made two nice putts on 17 and 18. "I felt pretty good out there, and I did everything really well", said the American, who extended his lead at the top of the world rankings in the first week of the New Year with his ...

Money Why crude oil prices are on upward swing, by United States energy agency
Author: 0 Why crude oil prices are on upward swing, by United States energy agency

The commercial crude inventory remained in the middle of the average range for this time of year. USA crude inventories fell by 5.1 million barrels in the week ended January 12 to 411.5 million, according to the API. Prices are close to the highest since December 2014. The drop also outpaced the estimated 5.1-million barrel decrease from the American Petroleum Institute, an industry group.

Money Environmental risks dominate growing global concerns
Author: 0 Environmental risks dominate growing global concerns

But the rising concern over environmental dangers is a double-edged sword. Leaders and experts across the globe believe extreme weather events and natural disasters pose the likeliest threats to the world, according to a new report, and the likelihood of their occurrence makes them even more concerning than weapons of mass destruction.

Money Bank of America's earnings top expectations, excluding tax charge
Author: 0 Bank of America's earnings top expectations, excluding tax charge

Baird. JMP Securities reinitiated Pernix Therapeutics Holdings, Inc. The firm earned "Perform" rating on Thursday, March 17 by Oppenheimer. The rating was maintained by UBS on Friday, November 3 with "Buy". Bank of America Corp . Nomura maintained the shares of BAC in report on Monday, October 16 with "Buy" rating. The stock of Kohl's Corporation (NYSE:KSS) earned "Sell" rating by RBC Capital Markets on Thursday, November 9.

Money More than 20 states sue to stop FCC's net neutrality repeal
Author: 0 More than 20 states sue to stop FCC's net neutrality repeal

OR has joined 20 other states and the District of Columbia in launching a legal challenge of the Federal Communications Commission's decision December 14 to repeal a rule barring internet providers from blocking or charging more for access to one website over another.

Money Citi plunges to giant $18bn loss on back of Trump tax reforms
Author: 0 Citi plunges to giant $18bn loss on back of Trump tax reforms

The law, signed by President Donald Trump last month, has made fourth-quarter earnings a messy ordeal for big banks. On average, 22 analysts polled by Thomson Reuters expected the company to earn $1.19 per share. Citi was the latest Wall Street bank to report a drop in fixed income sales and trading revenues, which dropped 18 per cent year-on-year to $2.4 billion.

Money Airbus wins 2017 order race in last-minute sales spree
Author: 0 Airbus wins 2017 order race in last-minute sales spree

Airbus chief operating officer Fabrice Bregier said overall deliveries could rise to 800 this year, thanks to the increased pace of production of its medium-haul A320neo aircraft. It has over 160 Boeing 777s in its fleet today and took possession of its 100th A380 in November. The air show ended without an A380 deal, throwing the line into question.

Money Uber's Ripley Program and Protocol
Author: 0 Uber's Ripley Program and Protocol

The company allegedly used the system at least 24 times from spring 2015 until late 2016, but the report does not claim that Uber used the system for any USA offices. Ripley, the name of the software, took reportedly took its name form Sigourney Weaver's character in the 1979 sci-fi movie " Alien ". According to Uber the software is necessary to protect company data, along with the privacy of passengers, drivers and Uber employees.

Money AstraZeneca Receives FDA Approval for Breast Cancer Treatment
Author: 0 AstraZeneca Receives FDA Approval for Breast Cancer Treatment

Women under the age of 40 with breast cancer have the same chances of survival whether or not they've been diagnosed with a BRCA gene mutation, new research suggests. "The trial measured the length of time the tumors did not have significant growth after treatment [progression-free survival]", the agency explained.

Money Manufacturing lifts India's November factory output by 8%
Author: 0 Manufacturing lifts India's November factory output by 8%

Consumer price inflation accelerated to 5.21 percent from 4.88 percent in November. That was the biggest advance in the so-called core CPI since January 2017 and followed a 0.1 per cent gain in November. The cost of motor vehicle insurance increased 0.6%. Apparel prices, however, fell 0.5 per cent. Mining output grew at 1.1 per cent in November, sharply down from 8.1 per cent last year, while electricity recorded a growth of 3.9 per cent against 9.5 per cent a year ago.

Money Why Tesco is being punished despite posting growth
Author: 0 Why Tesco is being punished despite posting growth

Tesco , the UK's biggest supermarket chain, reported like-for-like growth of 1.9% for its United Kingdom stores, a performance it said as thanks to the strength of its food business which saw underlying growth of 3.4%. Tesco shares tumbled 3.5 percent after Christmas trading results in its core United Kingdom business fell short of market expectations. Market share growth in the Republic of Ireland was also at its highest in five years.

Money PM congratulates ISRO team for the successful launch of its 100th satellite
Author: 0 PM congratulates ISRO team for the successful launch of its 100th satellite

He said, "Many customers have come to ISRO for their launch immediately after our last failure". The Indian Space Research Organization ( ISRO ) is preparing their Polar Satellite Launch Vehicle ( PSLV ) for its 42nd flight today. This mission had lasted two hours and 15 minutes, ISRO scientists said. ISRO made nearly Rs 300 crore from foreign satellite launches in 2016-17 and officials have maintained over the past year that smaller satellite launches will play a big role in the ...

Money Former Bills defensive coordinator Mike Pettine lands with Packers
Author: 0 Former Bills defensive coordinator Mike Pettine lands with Packers

Pettine returns to the same position he held with the New York Jets (2009-2012) and Buffalo Bills (2013) before becoming the Browns' head coach (2014-2015). Pettine the job over Packers assistants Darren Perry, Joe Whitt Jr. and Winston Moss. It was reported earlier in the week that Philbin was interviewing with his former team and NFL Network's Ian Rapoport reported Wednesday that Philbin will be the new offensive coordinator.

Money Jeff Bezos Is Now Richest Person In History
Author: 0 Jeff Bezos Is Now Richest Person In History

Bezos is the largest shareholder of Amazon, the world's biggest online retailer. That eclipses the record previously held by Microsoft founder Bill Gates, who is now in second place with a net worth of $93.3 billion. Amazon shares rose 6.6 percent in 2017 and the company secured 89 percent of the online US spending market this holiday season among dominant stores.

Money Pyongyang Names Delegation to Attend Talks with South Korea
Author: 0 Pyongyang Names Delegation to Attend Talks with South Korea

The decision to suspend the exercises was reached on a phone call between President Trump and South Korean President Moon Jae-in on Thursday. On Saturday, Chang told reporters in Beijing that North Korea is "likely to participate" in the games, adding fuel to speculations that North Korea is seeking wild-card opportunities to participate in the PyeongChang games, a possibility which has been floating around for some time.

Money Restoration of net neutrality rules hits key milestone in Senate
Author: 0 Restoration of net neutrality rules hits key milestone in Senate

Washington state lawmakers, anticipating the repeal to net neutrality rules, hope to force broadband companies to disclose accurate information about the price and speed of their services, while also preventing those companies from creating so-called "fast lanes" for consumers who pay more .

Money GoPro Drone Business Crashes
Author: 0 GoPro Drone Business Crashes

In the company's fourth quarter 2017 results announcement , it said it will discontinue its Karma drone and exit the category. GoPro's stock fell by as much as 32% to $5.04 a share today, the biggest drop and lowest price the company's stock has suffered since going public in 2014, Bloomberg reported .

Money Oil dips away from 2015 highs as doubts emerge over rally
Author: 0 Oil dips away from 2015 highs as doubts emerge over rally

Oil prices retreated from their highest level in 2.5 years on Friday as surging USA production appeared to offset supply fears stoked by anti-government rallies in Tehran. Crude inventories fell by 7.4 million barrels in the week to December 29, compared with analysts' expectations for a decrease of 5.1 million barrels.

Money United Nations emergency session humiliating defeat for US
Author: 0 United Nations emergency session humiliating defeat for US

US Ambassador Nikki Haley warned Iranian authorities on Friday that the world is watching , as thousands held pro-government demonstrations in Iran following anti-government protests, in which over 21 people were killed. The U.S. called the United Nations meeting on Friday, portraying the protests as a human rights issue that could spill over into an global problem. He pointed out that Trump has a history of making "belligerent" comments about Iran.

Money Captain Marvel Adds She's Gotta Have It Star
Author: 0 Captain Marvel Adds She's Gotta Have It Star

If so, this would increase the importance of Wise's character exponentially, leading to (my) speculation that she could only be playing a well-known comic book character. Now, if that's not starting 2018 with a bang, we don't know what is. Captain Marvel is a Marvel Cinematic Universe prequel of sorts, taking place in the 1990s .