Markets

2019 iPhones: Three new handsets, one with a triple-rear-camera setup

As per the report, Apple is also planning to shift its display technology to OLED for the 2019 iPhone family of devices. As for the other two iPhones, it will c...


Fiat-Chrysler to pay more than $300 million in emissions cheating settlement

In last year's third quarter, Fiat Chrysler , also known as FCA, took an $810 million (700 million euros) charge to deal with possible USA diesel emissions s...


Powell Says Fed Is 'Waiting and Watching' With Patience on Rates

Powell pointed out that the USA may be more vulnerable to a slowdown in global growth because of the rise on globalized business and supply chains. The Fed ch...


Samsung, like Apple, feels sting of slowing global growth

The South Korean company's operating income fell to 10.8 trillion won ($9.6 billion) in the period that ended in December, according to preliminary results re...


China trade talks wrap up, with outcome unclear

Meanwhile, confirming the conclusion of the trade talks, China's foreign ministry spokesman Lu Kang told a media briefing that "the extension of the talks indic...


Rare penny could be worth more than $1 million

After being dispelled by the Treasury Department, Lutes chose to keep his 1943-branded coin for his personal collection. In 1943, during World War II , penni...


US pushes China to keep promises as trade-deal hopes rise

World markets rose on increasing optimism that the two sides would be able to hammer out a deal ahead of a March deadline and avert further import tariff hikes....


China trade talks conclude as hopes of a deal build

The talks that started Monday were the first face-to-face meeting since Trump and his Chinese counterpart, Xi Jinping , agreed December 1 to suspend further pu...


What Apple's Tailspin Means For Oil Prices

The U.S. administration on January 7 expressed optimism it can reach a " reasonable " trade deal, and Trump has given Trade Representative Robert Lighthizer unt...


Wall Street boosted by optimism over US-China trade talks

Neither side gave details of their agenda but Gerrish's delegation includes agriculture, energy, commerce, treasury and State Department officials. China an...


Parent company of Sears, Kmart prepares for possible liquidation

The bid would have kept 425 stores open and offered jobs to 50,000 of its remaining employees. According to lawyers close to the matter, one of the main stickin...


Tesla breaks ground on its Gigafactory in China

Tesla plans to keep building the higher-end versions of the Model 3 at its plant in Fremont, California, and to make more affordable versions in China for ...


Apple’s CES Ad Hits Google And Amazon Where It Hurts

It's that time of the year when tech companies from around the globe gather in the glam city of Las Vegas to show off their latest gizmos and gadgets. Apple i...


PG&E shares plunge on bankruptcy worries

Pacific Gas & Electric Corp. could face billions of dollars in potential liability involving massive wildfires in California - some of which have already been...


United States job creation vaults higher in 2018

Labor Market saw an increase in employment in December, closing the year with the addition of 312,000 total nonfarm payroll jobs, according to the U.S. Hiring a...


U.S., China could settle immediate trade issues - Ross on CNBC

The negotiations are aimed at resolving U.S. allegations of unfair trade practices, including massive state subsidies and "theft" of American technological know...


December Jobs Report: 312,000 Jobs Added, Unemployment Slightly Rises

Concerns about the USA economy heightened following surveys showing sharp declines in consumer confidence and manufacturing activity last month, which roiled fi...


Tesla to break ground on Shanghai gigafactory today

Elon Musk is fighting to keep his ex-girlfriend from being dragged into an investor lawsuit over the Tesla ( TSLA ) CEO's now infamous take-private tweet. "...


China to cut bank reserve requirement ratio

The PBOC had cut reserve requirement ratios for some banks four times in 2018, and recently introduced a targeted version of its Medium-Term Lending Facility to...


Apple needs cheap iPhone to crack India

Cook said the slowing in China's economy was made worse by "rising trade tensions with the United States". Apple is having a rough quarter selling iPhones ...


ASX surges; Aussie rebounds from crash

While more fiscal and monetary policy support had been expected in coming months on top of modest measures previous year, some analysts wonder if more forceful ...


Kentucky police 'mourn' after doughnut truck catches fire

All doughnuts carried by that truck were destroyed in the December 31 fire, the cause of which is now being investigated, according to local news reports . aft...


Opec oil output posts biggest drop since 2017

In physical oil markets, top exporter Saudi Arabia is expected to cut February prices for the heavier crude grades sold to Asia by up to $0.5 a barrel due to we...


Weather Channel app denies data wrongdoing

The lawsuit seeks civil penalties up to $2,500 for each violation by the Weather Channel. "TWC intentionally obscures this information" in a 10,000-word priva...


Tuna fetches record 333 mil. yen at new market's New Year auction

Later in the day sushi chefs sliced up the giant fish with special knives resembling Japanese swords at Kimura's main restaurant just outside Tsukiji, where dem...