Samsung profit misses estimates as growth stalls in smartphones

For now, Samsung has announced the functionalities and specs of the Tab S4. It is powered by Qualcomm Snapdragon 835 Octa Core (2.35GHz + 1.9GHz) processor, up to 4GB RAM/256GB storage and support for microSD up to 400GB. And if the Tab S4's sc... More..

by | Published 12 days ago
Tesla expects to hit 6,000/week Model 3 production rate
by | Thursday, August 02, 2018

Tesla expects to hit 6,000/week Model 3 production rate

CEO Elon Musk said Wednesday that the company's custom-built chip for handling autonomous driving is almost ready. At the time of writing, Tesla shares are up in after-hours trading after once again closing...More..

USA issues sanctions over jailed pastor Andrew Brunson
by | Thursday, August 02, 2018

USA issues sanctions over jailed pastor Andrew Brunson

How Far Will He Go? Turkish President Recep Tayyip Erdogan has said that he would not be swayed by sanctions . White House press secretary Sarah Huckabee Sanders speaks during the daily press briefing at...More..

How to Get a Free Big Mac at McDonald’s
by | Wednesday, August 01, 2018

How to Get a Free Big Mac at McDonald’s

It's introducing its own global currency called a MacCoin . According to the Chicago-based fast-food chain operator, starting August 2 customers can receive a MacCoin with the purchase of a Big Mac at 14,0...More..

Services drove Apple’s best third quarter ever, but iPhone sales aren’t growing
by | Wednesday, August 01, 2018

Services drove Apple’s best third quarter ever, but iPhone sales aren’t growing

About the only impediments holding Apple from $1 trillion are buybacks and dividends, which enhance the company's share price though doesn't necessarily enhance its overall market value. In its financial resu...More..

Shhh: Harley-Davidson confirms 'twist and go' electric motorcycle for 2019
by | Tuesday, July 31, 2018

Shhh: Harley-Davidson confirms 'twist and go' electric motorcycle for 2019

Besides, Harley will also roll out at least five new custom models and nine new streetfighters including a 975 cc model by the end of this decade. Chetaan has been working with Harley-Davidson since 2010 at t...More..

Imran to take oath as Pakistani PM on August 11
by | Tuesday, July 31, 2018

Imran to take oath as Pakistani PM on August 11

He met with representatives of other losing parties to decide on a protest strategy. Mr Khan's primary focus is the country's economy, he told media before the election . Khan shot to global fame with on-f...More..

Facebook market value plunges $120 bil
by | Monday, July 30, 2018

Facebook market value plunges $120 bil

He said the 19 percent plunge in Facebook shares the next day stemmed from federal securities law violations by the defendants. The big loss comes after Facebook reported weaker revenues and user numbers in...More..

Treasury Secretary Steven Munchin Outlines Trade Negotiations with EU Going Forward
by | Monday, July 30, 2018

Treasury Secretary Steven Munchin Outlines Trade Negotiations with EU Going Forward

Trump also said the European Union had agreed to buy more soybeans from American farmers, who have seen prices decline sharply since China imposed retaliatory tariffs. Tariffs threaten more than $3.8 billio...More..

Twitter tanks on Wall Street, continuing tough week for social media stocks
by | Saturday, July 28, 2018

Twitter tanks on Wall Street, continuing tough week for social media stocks

Twitter's second-quarter net income rose to $100.1 million, compared with a loss previous year during the same period. Allegations of Russian meddling in the 2016 US election by spreading misleading or divisi...More..

Donald Trump’s big European Union trade win is no more than rhetoric
by | Saturday, July 28, 2018

Donald Trump’s big European Union trade win is no more than rhetoric

President Donald Trump's meeting with European Commission President Jean-Claude Juncker on Wednesday was expected to be contentious, coming less than two weeks after the former called the EU a "foe" that "clob...More..

Facebook hit with class-action suits following stock tumble
by | Saturday, July 28, 2018

Facebook hit with class-action suits following stock tumble

Facebook Inc Chief Executive Officer Mark Zuckerberg's fortune took an nearly $16 billion hit on Thursday, as the social media giant headed for the biggest one-day wipeout in USA stock market history, a da...More..

by | Friday, July 27, 2018

Houthis attack on Saudi tankers a terrorist act: Yemen govt

This comes as the United Kingdom -based charity Save the Children warned Yemen is likely to see a spike in cholera cases as hot summertime conditions favor a resurgence of the water-borne illness. The Saudi-led...More..

USA regulator stands by decision to block Winklevoss bitcoin ETF
by | Friday, July 27, 2018

USA regulator stands by decision to block Winklevoss bitcoin ETF

In a 92-page order Thursday, the Securities and Exchange Commission said the company behind the listing effort, Bats BZX Exchange, failed to prove that the bitcoin market would be sufficiently resistant...More..

4 types of Goldfish Crackers recalled, salmonella fears
by | Friday, July 27, 2018

4 types of Goldfish Crackers recalled, salmonella fears

See the chart to see if you are included in the recall . Healthy people may experience short-term symptoms such as fever, headache, vomiting, nausea, abdominal cramps and diarrhea. The products were distribute...More..

Trump accuses China of using 'vicious' trade tactics
by | Thursday, July 26, 2018

Trump accuses China of using 'vicious' trade tactics

The trips apparently failed to bring about a ceasefire with China over soaring trade frictions amid growing animosity, which have boiled into a trade war between the world's two largest economies. Speaking on...More..

Farmers remain critical of tariffs as U.S. offers billions in aid
by | Thursday, July 26, 2018

Farmers remain critical of tariffs as U.S. offers billions in aid

The two met Wednesday at the White House with Trump warning that he would move forward with 25 per cent tariffs on auto imports if the meeting with Juncker didn't go well, prompting the European Union t...More..

California ticket wins $522 million Mega Millions jackpot
by | Thursday, July 26, 2018

California ticket wins $522 million Mega Millions jackpot

The odds of winning the jackpot with a $2 ticket were 1-in-302,575,350. Two tickets, sold in MA and Texas, are worth $3 million each because of the optional Megaplier. And you'll have to pay taxes in the future...More..

Trump, EU in talks to avoid trade war
by | Thursday, July 26, 2018

Trump, EU in talks to avoid trade war

Following talks at the White House , Donald Trump and Jean-Claude Juncker emerged to announce they had agreed to work together towards "zero" tariffs, barriers and subsidies. General Motors had slashed its...More..

Facebook market value plunges by almost $150B
by | Thursday, July 26, 2018

Facebook market value plunges by almost $150B

Shares sank 17.8 percent to $178.77 in after-hours trading after closing at $217.50. The savage investor reaction underscores the enormous challenge facing CEO and founder Mark Zuckerberg , who is scrambling...More..

Donald Trump downbeat ahead of trade talks with EU
by | Wednesday, July 25, 2018

Donald Trump downbeat ahead of trade talks with EU

We were being nice - until now! "This administration's tariffs and bailouts aren't going to make America great again, they're just going to make it 1929 again", he said in a statement . He also took a shot...More..

European Union officials to meet Trump, wielding a $20-billion threat
by | Wednesday, July 25, 2018

European Union officials to meet Trump, wielding a $20-billion threat

The aid marks the first major acknowledgement from the Trump administration of adverse consequences of the hardline trade polices Trump has espoused for decades and promised on the presidential campaign stump. ...More..

by | Wednesday, July 25, 2018

What to know about new Fiat Chrysler CEO

Fiat Chrysler Chairman John Elkann, right, and CEO Sergio Marchionne at a news conference following the presentation of the automaker's five-year business plan at the Balocco test track near Turin, Italy, on ...More..

Mega Millions Lottery Has Mega Jackpot
by | Wednesday, July 25, 2018

Mega Millions Lottery Has Mega Jackpot

The odds of winning the Mega Millions jackpot is about 1 in 303 million. Both tickets missed the yellow ball number, 1, that would have won them the entire pot. Powerball tickets are $2 each and are played in 4...More..

Recovery of U.S. troops' remains in North Korea complicated by cash, politics
by | Tuesday, July 24, 2018

Recovery of U.S. troops' remains in North Korea complicated by cash, politics

Attention is also being paid as to whether the foreign ministers of South and North Korea and the USA will meet at the ASEAN Regional Forum to take place next week in Singapore. He said that with eventual denuc...More..

Trump Admin Plans Emergency Aid For Farmers Caught In Tariffs Crossfire
by | Tuesday, July 24, 2018

Trump Admin Plans Emergency Aid For Farmers Caught In Tariffs Crossfire

And American consumers are the ones who get hit with USA -imposed tariffs. After Trump announced plans to impose $50 billion in tariffs on Chinese imports, Beijing retaliated with plans to impose tariffs on...More..

Tesla shares plummet after reportedly asking suppliers for cash rebates
by | Tuesday, July 24, 2018

Tesla shares plummet after reportedly asking suppliers for cash rebates

The reasoning behind Tesla's request is to help the company become profitable. The firm is less focused on one-time reductions for this quarter as it is on reaching a "more sustainable long-term cost basis". ...More..

Alphabet 2Q earnings: Here’s what to expect
by | Tuesday, July 24, 2018

Alphabet 2Q earnings: Here’s what to expect

Google also has tweaked its comparison shopping service as it strives to comply with an European Union ruling from a year ago, and it plans to soon release changes to how it handles political ads. Adjusted ea...More..

No victor, so Mega Millions jackpot nears $500 million
by | Monday, July 23, 2018

No victor, so Mega Millions jackpot nears $500 million

The jackpot, which was sitting at $433 million, has now jumped to almost a half-billion dollars. The next drawing will take place on Tuesday. The biggest Mega Millions payout of all time was $656 million, won...More..

President Trump Eyes an Additional $500B Worth of Tariffs on Chinese Goods
by | Monday, July 23, 2018

President Trump Eyes an Additional $500B Worth of Tariffs on Chinese Goods

US President is a prolific Tweeter, who likes to tweet about the US stock market, particularly when it is moving higher. In a related tweet, the president also kept the heat on the Federal Reserve . China im...More..