• Apple Stock Price Plunges After Earnings Warning
Apple Stock Price Plunges After Earnings Warning

The price gap is one reason Huawei surpassed Apple in smartphone sales from April through September previous year to seize the No. 2 spot behind industry leader Samsung , according to the research firm International Data Corp. The company posted revenue of $88.3 billion for the 2017 holiday quarter. "I am very bullish on the country and th...

Read more

  • Services sector grows at subdued rate as Brexit uncertainty hits
Services sector grows at subdued rate as Brexit uncertainty hits

The same was true for new orders, where a marked expansion was recorded that extended the current sequence of growth to 37 months. Service providers registered the slowest pace of new orders in 14 months. Growth of purchasing activity rebounded slightly from the 11 month low seen during November. Increased staffing levels were widely linked t...

Read more

  • Some AZ Students Eligible For Millions In Debt Relief
Some AZ Students Eligible For Millions In Debt Relief

In a statement , Brnovich said the $22 million will help "thousands of students who were saddled with large debts and degrees that were less useful than CEC led its students to believe". As a result of today's settlement, CEC has agreed to not make misrepresentations concerning accreditation, selectivity, graduation rates, placement rates, transfer...

Read more

  • Man attacking McDonald's employee over straw
Man attacking McDonald's employee over straw

On New Year's Eve, a video of the employee, Yasmine James , 20, being battered by a male customer at her place employment in St. Petersburg went viral. "No, you're going to go to jail". That's when Taylor reached over the counter, police said. She said her thigh is swollen and she still has back pain after the attack.

Read more

  • Vancouver home sales in 2018 lowest in almost two decades
Vancouver home sales in 2018 lowest in almost two decades

Additionally, the benchmark price for all home types in the region was $1.032 million, which is 2.7% lower compared to the previous year. The numbers show a marked slowdown in the market with 7,150 properties changing hands in 2018, a 20 per cent drop from the 8,994 sold in 2017.

Read more

  • NJ is state with most people moving out, says study
NJ is state with most people moving out, says study

New Jersey, Illinois, and CT topped a list of states that saw more residents moving out than arriving from other states in 2018, continuing a trend of people leaving the Northeast and the Midwest for growing cities in the Mountain West and South, according to a study released Wednesday.

Read more

  • Federal Reserve Chief Says 'No' He Won't Resign If Trump Asks
Federal Reserve Chief Says 'No' He Won't Resign If Trump Asks

The Fed chief stressed that the economy remained on track and that the job market was quite strong. Asked if he would resign if Trump asked him to do so, Powell responded with a short "no". Federal Reserve Chairman Jerome Powell on the state of the US economy, the December jobs report and the ISM report on manufacturing. Yet signs are gro...

Read more

  • Apple recalls of smartphones in their stores
Apple recalls of smartphones in their stores

Qualcomm's got the right, a ban on the sale to enforce, if the chip, the group deposited the security. Apple said that only in the 15 German Apple Stores , the iPhone 7 and iPhone 8 is no longer sold. However, it also said it would continue to offer all of its phones at thousands of retail and carrier locations across Germany, a direct contr...

Read more

  • 'Sushi King' takes first taste of tuna he paid £2,500,000 for
'Sushi King' takes first taste of tuna he paid £2,500,000 for

This purchase more than doubles the last record he set of $1.76 million for a slightly smaller fish in 2013. A Japanese sushi boss has paid a record $3.1m (£2.5m) for a giant tuna at the first new year's auction in Tokyo's new fish market.

Read more

  • Delete The Weather Channel App If You're Concerned About Your Location Data
Delete The Weather Channel App If You're Concerned About Your Location Data

The suit alleges that IBM subsidiary The Weather Company, the outfit behind the app, used the program to "amass its users' private, personal geolocation data" while making users believe their data was used only to provide accurate local weather forecasts.

Read more

  • Dow Jones drops 660 points after Apple forecast adjustment
Dow Jones drops 660 points after Apple forecast adjustment

Many analysts and investors had anxious about a slowdown in iPhone sales since the company said in November it would stop disclosing unit sales data for its phones and other hardware products. The stock has fallen about 30 percent since Cook said in November that the company may miss its holiday quarter sales estimate. Technology companies took t...

Read more

  • Professionals say file taxes early despite government shutdown
Professionals say file taxes early despite government shutdown

The average tax refund previous year was $2,800, money that many families rely on to help pay for rent, food and child care, Neal said in the letter. That plan might be revised as soon as Friday, as the agency shifts into tax season, which typically starts in mid-January, CNN reports , citing a source familiar with the matter.

Read more

  • Will reject any Donbald Trump request to quit: Jerome Powell
Will reject any Donbald Trump request to quit: Jerome Powell

The Fed is "prepared to adjust policy quickly and flexibly" to support the economy, he added. Powell once again reiterated the Fed's policy is not on a pre-set path, emphasizing at the same time the positive momentum of data and ruled out any concerns over inflation.

Read more

  • Apple Shares Tumble After CEO Tim Cook Issues Revenue Downgrade
Apple Shares Tumble After CEO Tim Cook Issues Revenue Downgrade

Apple is having a rough quarter selling iPhones to Chinese consumers , according to CEO Tim Cook's letter to investors on Wednesday. Apple has revealed its takings are expected to be much lower than predicted during the crucial run up to Christmas, as demand for iPhones wanes.

Read more

  • RBI has reduced printing of Rs 2,000 notes to a minimum
RBI has reduced printing of Rs 2,000 notes to a minimum

However, the latest RBI report released in August 2018, revealed that only 7.8 crore notes of Rs 2000 denomination were added in 2017-18, taking the overall circulation to 336.3 crore, as of March 2018. The remaining is in lower denominations. On 8 November, 2016, Prime Minister Narendra Modi surprised all by announcing an immediate withdrawa...

Read more

  • Donald Trump says 'big progress' made in talks with China
Donald Trump says 'big progress' made in talks with China

Xi reiterated that China encourages and supports further talks between the United States and the Democratic People's Republic of Korea, and hopes for positive results. The U.S. wants China to address intellectual property theft and other aggressive measures that have driven Beijing's efforts to supplant U.S. technological dominance.

Read more

  • Sick plane passengers may have used airport water fountains
Sick plane passengers may have used airport water fountains

A Frontier Airlines plane at Cleveland Hopkins International Airport in 2014. City and airport officials "are working collaboratively to investigate all potential causes, including passenger activities before arriving at the airport". Six people were sickened on a flight from Cleveland to Tampa, Florida , according to our sister station ABC Ac...

Read more

  • Video shows McDonald's customer attacking worker over straw
Video shows McDonald's customer attacking worker over straw

As per the report, the law took effect just last January 1 and prohibits restaurants from having straws available in the open in the hopes of completely banning them by 2020. He told The Miami Herald that her quick thinking led to the suspect's arrest. The customer points at her and shouts, ostensibly to someone he thinks is a manager, "Sir,...

Read more

  • New York’s Minimum Wage Hits $15 On New Year’s Eve
New York’s Minimum Wage Hits $15 On New Year’s Eve

The Vermont wage is indexed to inflation. 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. Next year it will have been a decade since Congress last increased the federal minimum wage, approaching a record stretch between raises. "The American people beli...

Read more

  • Apple warns sales will fall short and cites 'deterioration' in China
Apple warns sales will fall short and cites 'deterioration' in China

The company's revenue this quarter will be significantly lower than it had previously indicated, thanks largely to a slowdown in China sales. "Lower than anticipated iPhone revenue, primarily in Greater China, accounts for all of our revenue shortfall to our guidance and for much more than our entire year-over-year revenue decline", Apple CEO...

Read more