Apple Blames Weak iPhone Sales on China, Fewer People Upgrading

With Apple's iPhone unit sales flatlining, Apple has shifted to trying to get consumers to pay more for each device. The company even allowed iPhone users to turn the throttling off if they so desired. And after several component makers in Nove... More..

by | Published more than a month ago
Super changes could boost Australians retirement savings by $500000
by | Saturday, January 12, 2019

Super changes could boost Australians retirement savings by $500000

FIRST-TIME workers could retire with an extra $533,000 by 2064 under a proposed superannuation shake-up to boost returns and get rid of excess fees. But the superannuation industry is anxious some proposed ch...More..

Adenuga rank next to Dangote in Forbes billionaires ranking
by | Saturday, January 12, 2019

Adenuga rank next to Dangote in Forbes billionaires ranking

In the same vein, the man at the top spot, Aliko Dangote also doesn't tithe to pastors or churches and neither does he give first fruit. Number one on the list is Aliko Dangote with ... "All but four me...More..

Aphria CEO Vic Neufeld to step down, as company posts quarterly earnings
by | Saturday, January 12, 2019

Aphria CEO Vic Neufeld to step down, as company posts quarterly earnings

But his departure comes amid ongoing uncertainty regarding the company's future, as a potential takeover offer looms and questions over its acquisitions in Latin America remain unanswered. Irwin Simon, the comp...More..

by | Saturday, January 12, 2019

SpaceX wants to be 'leaner,' sets layoffs

It added that the trim down was "only due to the extraordinarily hard challenges ahead". The LA Times earlier reported the layoffs. The statement did not disclose the size of the layoffs, but a company sour...More..

Jeff Bezos announces divorce amid reports he was seeing another woman
by | Saturday, January 12, 2019

Jeff Bezos announces divorce amid reports he was seeing another woman

Sanchez, 49, is also divorcing husband and Hollywood agent Patrick Whitesell , PEOPLE confirms. The couple has lived in Seattle since 1994. Just hours after Jeff Bezos announced his divorce from wi...More..

Air Traffic Controllers Union Becomes Latest Group To Sue Trump Over Shutdown
by | Saturday, January 12, 2019

Air Traffic Controllers Union Becomes Latest Group To Sue Trump Over Shutdown

Congress adjourned for the weekend Friday afternoon, guaranteeing the government shutdown will continue and become the longest in U.S. history - as air traffic controllers sued the Trump administration over t...More..

Costco is now selling a 27-pound bucket of macaroni and cheese
by | Saturday, January 12, 2019

Costco is now selling a 27-pound bucket of macaroni and cheese

Costco has blessed us with a 27-pound "Storage Bucket" of the ooey-gooey good stuff containing 180 servings . Costco, the warehouse store fondly adored for its free samples and delicious food court options ...More..

Aramco to issue 1st ever global bond this year
by | Saturday, January 12, 2019

Aramco to issue 1st ever global bond this year

He also said Saudi Arabia was producing 10.20 million bpd, delivering on an earlier pledge to cut output further than required by a supply-limiting deal between the Organization of the Petroleum Exporting Co...More..

Apple planning three new iPhone models this year, WSJ says
by | Friday, January 11, 2019

Apple planning three new iPhone models this year, WSJ says

Apple Chief Executive Officer Tim Cook recently collected his biggest-ever annual bonus for fiscal 2018 after his company posted record revenue and profit, and a market value that temporarily eclipsed $1 trilli...More..

Jeff Bezos Reportedly Sexted, Sent 'D*ckpics' to His Mistress Behind Wife's Back
by | Friday, January 11, 2019

Jeff Bezos Reportedly Sexted, Sent 'D*ckpics' to His Mistress Behind Wife's Back

Talking to a few reporters, Trump commented on the divorce proceedings, calling it "a beauty". Trump also wished Bezos luck. "I wish him luck", the twice-divorced Trump told reporters at the White House o...More..

China offers Elon Musk permanent residency
by | Friday, January 11, 2019

China offers Elon Musk permanent residency

Two days after Musk appeared at a muddy groundbreaking ceremony for his newest gigafactory, China's Premier Li Keqiang met with the billionaire-entrepreneur in Beijing and said he hopes Tesla's CEO can do b...More..

Huawei CFO Case Deepens Amid Documents Discovery
by | Friday, January 11, 2019

Huawei CFO Case Deepens Amid Documents Discovery

Why would the daughter of Huawei's founder do something like that? United States authorities suspect Meng deceived U.S. banks in order to clear hundreds of millions of dollars of sanction-breaking transactions....More..

Elon Musk’s Vision of the Future Looks a Lot Like the Past
by | Friday, January 11, 2019

Elon Musk’s Vision of the Future Looks a Lot Like the Past

It was also believed that the rocket would be able to carry hundreds of passengers or store hundreds of tons of cargo to Mars and back. The rocket and vehicle together were previously called the BFR, but Musk ...More..

by | Friday, January 11, 2019

Ghosn hit with more charges, release unlikely

The 64-year-old was charged with aggravated breach of trust in relation to the alleged transfer of private investment losses to Nissan amid the 2008 global financial crisis, and for understating his remunerat...More..

Fiat Chrysler to settle USA diesel emissions cases for $1.1 billion
by | Friday, January 11, 2019

Fiat Chrysler to settle USA diesel emissions cases for $1.1 billion

FCA also settled a class action lawsuit over the diesel issue and this means current and former owners will be eligible to receive a payment of approximately $2,800 (£2,195 / €2,434). The settlement is the se...More..

What Powell is saying
by | Friday, January 11, 2019

What Powell is saying

They later rallied, with the S&P 500 Index closing about 0.5 per cent higher. He said the Fed's aim was to return the balance sheet to a "more normal level" but didn't specify what that level will be. Markets...More..

China Trade Talks End Amid Optimism
by | Thursday, January 10, 2019

China Trade Talks End Amid Optimism

President Donald Trump and his deputies have criticized China for failing to live up to past promises, including a pledge to promptly open up the Asian nation's economy to more trade and investment after it ...More..

Toyota recalls 1.7 million more autos in North America over airbag defects
by | Thursday, January 10, 2019

Toyota recalls 1.7 million more autos in North America over airbag defects

U.S. authorities in 2014 exposed the Takata airbag defect, which has since resulted in a series of massive recalls concerning at least 100 million units worldwide from multiple manufacturers. In areas of high h...More..

FDA: Shutdown Means We're Not Doing 'Important Things' Like Inspections
by | Thursday, January 10, 2019

FDA: Shutdown Means We're Not Doing 'Important Things' Like Inspections

Gottlieb tweeted Monday that, under normal circumstances, "we'd typically do about 160 domestic food inspections each week, and about 1/3 of those would be considered high risk". Still, Sarah Sorscher, deputy...More..

Apple to cut production of iPhone by 10 per cent
by | Thursday, January 10, 2019

Apple to cut production of iPhone by 10 per cent

It is perhaps interesting-and legally problematic-that that letter never addressed ongoing problems. A week after the shock created by the announcement of a downward adjustment of its revenue forecast for the...More..

Rare penny found in 1947 could be worth more than $1 million
by | Thursday, January 10, 2019

Rare penny found in 1947 could be worth more than $1 million

Fewer than 20 of the rare 1943 Lincoln pennies were ever made- and that was due to an error. The auction house says Don Lutes Jr., who died a year ago, discovered the coin among change he received from his hi...More..

Dollar slips on Powell views; optimism on trade talks aids Aussie dollar
by | Thursday, January 10, 2019

Dollar slips on Powell views; optimism on trade talks aids Aussie dollar

Asian shares sped ahead on Monday as a dovish turn by the Federal Reserve and startlingly strong U.S. jobs data soothed some of the market's worst fears about the global outlook. The dollar index is down by...More..

Tax Refunds Will Go Out Despite Partial Government Shutdown
by | Thursday, January 10, 2019

Tax Refunds Will Go Out Despite Partial Government Shutdown

Herron replied, "Wait. The IRS is officially shutdown , those call centers, no one is there working". There's still concern from taxpayers that the IRS won't answer questions for them because the offices a...More..

US, China seek end to trade war through talks | Money Talks
by | Thursday, January 10, 2019

US, China seek end to trade war through talks | Money Talks

The trade talks are the result of an agreement last month between U.S. President Donald Trump and Chinese President Xi Jinping to stop the tit-for-tat tariff conflict between the two countries for 90 days s...More..

Markets buoyed as US-China trade talks extended amid signs of progress
by | Wednesday, January 09, 2019

Markets buoyed as US-China trade talks extended amid signs of progress

The negotiations, which were originally scheduled to last just two days, mark the first time that large mid-level trade delegations have met to hash out specifics of a potential deal since the Trump administrat...More..

Employees at GM's Oshawa plant hold work stoppage over closure
by | Wednesday, January 09, 2019

Employees at GM's Oshawa plant hold work stoppage over closure

GM officials have said the fate of the US plants is subject to talks with the United Auto Workers union, which represents the USA workers at those plants. "They know Canadians are already punishing them, but th...More..

Unlike AT&T, Verizon says it won’t slap 5G label on 4G phones
by | Wednesday, January 09, 2019

Unlike AT&T, Verizon says it won’t slap 5G label on 4G phones

Verizon chief technology officer Kyle Malady penned a letter that calls on the larger wireless industry to resist the temptation to "over-hype and under-deliver on the 5G promise". Several rival mobile netwo...More..

Travelers Feel Effects of Partial U.S. Government Shutdown as Airports Struggle
by | Wednesday, January 09, 2019

Travelers Feel Effects of Partial U.S. Government Shutdown as Airports Struggle

And don't head to the airport five hours early - unless, that is, you really like hanging around at the gate. The airport's guidelines are the same as always: arrive two hours before takeoff for domestic flig...More..

by | Wednesday, January 09, 2019

Oracle's Ellison Reveals $1 Billion Stake in Tesla

Ellison's revelation comes at a hard time for Tesla. At current market prices, Ellison's stake is likely somewhere near 3 million shares of the EV automaker. Musk drew scrutiny from regulators in August when he...More..