Apple share price plummets amid fears that iPhone demand is dropping

Shares of Lumentum plummeted a record 33 per cent while Apple dropped 5 per cent. Oclaro Inc., which is being bought by Lumentum, lost 12 per cent, its biggest drop since April. The report builds speculation around the success of Apple's latest iPh... More..

by | Published 2 days ago
Alibaba's Singles' Day smashes records with over $30bn in sales
by | Monday, November 12, 2018

Alibaba's Singles' Day smashes records with over $30bn in sales

About $9 billion in sales were made on Cyber Monday in 2017, up about 17 per cent from the previous year, according to Adobe Analytics. Alibaba's Tmall platform saw $US1.44 billion in sales in the first two...More..

Elon Musk replaced as Tesla company chair
by | Friday, November 09, 2018

Elon Musk replaced as Tesla company chair

Tesla says Denholm will leave Telstra after her six-month notice period with the company is complete. Announcing the appointment, Tesla said in a statement that to "ensure a smooth transition...." In m...More..

Blue wave? Democrats win House, but it looks more like a trickle
by | Wednesday, November 07, 2018

Blue wave? Democrats win House, but it looks more like a trickle

Still, Republican voters tended to be overwhelmingly supportive of the president. As Americans head to the polls Tuesday for congressional and state elections at the midpoint of Trump's first term as pres...More..

GOP clinging to Congress as voters test Trump strength
by | Wednesday, November 07, 2018

GOP clinging to Congress as voters test Trump strength

Democratic leadership of the House's powerful investigative committees would breathe new wind into probes of Trump's opaque personal finances, Russian interference in the 2016 election , and even calls for...More..

Lowe's to close underperforming stores in US, Canada
by | Monday, November 05, 2018

Lowe's to close underperforming stores in US, Canada

Lowe's bought Rona, Canada's biggest home improvement chain, in 2016 for about $2 billion, adding about 700 stores to its 40 in the country. The majority of impacted stores, according to the company, are locate...More..

New U.S. Sanctions Against Iran Go Into Effect
by | Monday, November 05, 2018

New U.S. Sanctions Against Iran Go Into Effect

On Sunday, hard-liners vented their rage at a new American president, Donald Trump , who pulled the United States out of the nuclear deal struck by his predecessor that the United Nations said Tehran still h...More..

Uk is all set for its biggest ever Black Friday sale
by | Monday, November 05, 2018

Uk is all set for its biggest ever Black Friday sale

Amazon is following Target and temporarily dropping the minimum amount shoppers need to spend to qualify for free shipping . Amazon's promotion begins on Monday and is expected to cover hundreds of mill...More..

by | Saturday, November 03, 2018

China Premier Li Keqiang is optimistic on US-China relations

In their talks on Thursday night, Xi told Trump that the two sides had to come up with a proposal to settle the trade war, while Trump said the two men had a "long and very good conversation" on several issue...More..

World Bank Rates Nigeria High On Ease Of Doing Business
by | Friday, November 02, 2018

World Bank Rates Nigeria High On Ease Of Doing Business

The high grade came despite recording a drop in ranking in six out of 10 parameters assessed by the bank . "It's a collaborative effort and a combination of several interventions that has resulted in improve...More..

Autonomy of Reserve Bank 'essential', says finance ministry
by | Wednesday, October 31, 2018

Autonomy of Reserve Bank 'essential', says finance ministry

Reserve Bank of India Governor Urjit Patel may consider resigning from his post given a breakdown in relations with the government, TV channels reported on Wednesday, sparking a sell-off in the rupee and bond...More..

Trump plans 11 rallies in final days of midterm campaign
by | Wednesday, October 31, 2018

Trump plans 11 rallies in final days of midterm campaign

Democrats would need a net gain of 24 seats in the House and two in the Senate to take majorities away from Mr Trump's fellow Republicans. Missouri Republicans are not in danger of losing control of the state...More..

IBM buying North Carolina-based Red Hat in $34B deal
by | Monday, October 29, 2018

IBM buying North Carolina-based Red Hat in $34B deal

Hell, Red hat is a billion dollar company - yes, billion with a "B". IBM has unveiled plans to acquire open source specialists Red Hat, in a blockbuster US$ 34 billion deal created to bolster the tec...More..

Text leads to Mega Millions win for Virginia woman
by | Sunday, October 28, 2018

Text leads to Mega Millions win for Virginia woman

Powerball lottery tickets are sold in 44 states, Washington D.C., Puerto Rico and the U.S. Virgin Islands. A victor who opted for cash would get $428.6 million. The Powerball jackpot has rolled over since ...More..

Australian share market rebounds, but only regains a fraction of yesterday's losses
by | Saturday, October 27, 2018

Australian share market rebounds, but only regains a fraction of yesterday's losses

The Nasdaq composite gave up 329 points, or 4.4 per cent, to 7,108. A screen displays a chart of the Dow Jones Industrial Average on the floor of the New York Stock Exchange (NYSE) in New York, U.S., Octo...More..

Updates to Tesla Model Y and ride-share plans
by | Saturday, October 27, 2018

Updates to Tesla Model Y and ride-share plans

Tesla has been trying to minimize spending and maximize revenue, cutting jobs and restructuring while trying to fast-track vehicle deliveries of its new Model 3 to customers, to meet a promise Musk first ma...More..

Chinese, Russian spies listening to Trump's phone conversations
by | Friday, October 26, 2018

Chinese, Russian spies listening to Trump's phone conversations

If the U.S.is still concerned about security, Trump could "abandon all modern communication devices and cut off contact with the outside completely", she said . US President Donald Trump hasn't given up his ...More..

Saudi Arabia Now Says Jamal Khashoggi's Death Was 'Premeditated'
by | Friday, October 26, 2018

Saudi Arabia Now Says Jamal Khashoggi's Death Was 'Premeditated'

In the U.S., CIA Director Gina Haspel returned from a trip to Turkey and was expected to brief President Trump on Thursday morning about developments in the Khashoggi investigation. Turkish officials also...More..

Winning numbers for $1 billion Mega Millions jackpot drawn
by | Monday, October 22, 2018

Winning numbers for $1 billion Mega Millions jackpot drawn

New York, where there were four winners, had the most $1 million tickets drawn. Virgin Islands. An entry into the drawing costs $1. The annuity option guarantees more money, but it's paid over 29 years and ...More..

U.S. oil edges up after 3 percent drop on big stock build
by | Monday, October 22, 2018

U.S. oil edges up after 3 percent drop on big stock build

While Trump has repeatedly demanded that OPEC take action to lower oil prices , he considers Saudi Arabia an ally and reiterated on Wednesday that the kingdom agreed to buy $110 billion in USA weaponry a yea...More..

Mega Millions lottery jackpot reaches record-breaking $1.6 billion prize
by | Monday, October 22, 2018

Mega Millions lottery jackpot reaches record-breaking $1.6 billion prize

The next Powerball drawing is on Wednesday. The Mega Millions' odds were lowered a year ago to 1-in-303 million from 1-in-259 million, to generate larger prizes. Both lottery jackpots will approach new height...More..

Donald Trump concedes Saudi journalist Jamal Khashoggi likely dead, threatens consequences
by | Friday, October 19, 2018

Donald Trump concedes Saudi journalist Jamal Khashoggi likely dead, threatens consequences

Asked what the consequences would be if Saudi leaders were linked to his disappearance, Trump said: "Well, it'll have to be very severe". "We are waiting for some investigations, and waiting for the results"....More..

Iran says Trump cannot bring oil prices down by 'bullying
by | Thursday, October 18, 2018

Iran says Trump cannot bring oil prices down by 'bullying

As of writing, the WTI was up 0.66% on the day at $72.15. The West Texas Intermediate for November delivery rose 0.44 USA dollar to settle at 71.78 dollars a barrel on the New York Mercantile Exchange, while ...More..

$1,000,000 winning Mega Millions ticket sold in Morris County
by | Thursday, October 18, 2018

$1,000,000 winning Mega Millions ticket sold in Morris County

The Mega Millions prize was already giant, but now it's even bigger. Nine Mega Millions tickets from Tuesday's drawing matched five white balls to win the second prize - $1 million. The lottery prize was th...More..

Trump reluctant to abandon Riyadh over missing journalist, wants evidence
by | Thursday, October 18, 2018

Trump reluctant to abandon Riyadh over missing journalist, wants evidence

Virgin Hyperloop One, one iteration of Elon Musk's visionary Hyperloop transportation project , unveiled its first pod prototype earlier this year. "Saudi Arabia's not any other country", he said, "the gove...More..

'Silicon Valley's Saudi Arabia Problem'
by | Thursday, October 18, 2018

'Silicon Valley's Saudi Arabia Problem'

Claure spoke at a technology conference in San Jose, California for British chip design firm Arm Holdings , which was acquired by SoftBank Group in 2016 for US$32 billion. SoftBank is also raising a second U...More..

Mega Millions, Powerball jackpots reach almost $1 billion combined
by | Tuesday, October 16, 2018

Mega Millions, Powerball jackpots reach almost $1 billion combined

Mega Millions Lottery forms are pictured at Ted's State Line Mobil in Methuen, Mass., July 24, 2018. It's $ 345 million , or $199 million in cash. They're stuck at a miserable one in 302.5 million. It was the ...More..

Jamal Khashoggi's family is 'traumatized,' wants 'independent' and 'international' probe
by | Tuesday, October 16, 2018

Jamal Khashoggi's family is 'traumatized,' wants 'independent' and 'international' probe

The person said Prince Mohammed had approved an interrogation or rendition of Mr. Khashoggi back to Saudi Arabia . Khashoggi vanished early this month after entering Saudi Arabia's consulate in Istanbul ....More..

Saudi Hollywood deal hit by Khashoggi disappearance
by | Tuesday, October 16, 2018

Saudi Hollywood deal hit by Khashoggi disappearance

One CNN source cautioned that the report was still being prepared and could change, while another said it will likely conclude the operation took place without clearance, and that those involved will be held ...More..

Mega Millions players have chance at US’s 9th largest prize
by | Monday, October 15, 2018

Mega Millions players have chance at US’s 9th largest prize

The jackpot was last won July 24 when a group of California office workers won $543 million. Friday's drawing was the 23rd time no one matched all six numbers. The most recent Mega Ball was 18 on Tuesday ni...More..

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