• Apple closes in on trillion dollar status
Apple closes in on trillion dollar status

That was driven by a higher average selling price of US$724, thanks in part to the iPhone X , which starts at US$999. According to CNN , analysts expected Apple to sell nearly 42 million iPhones, less than last quarter, as a result of users already owning the newest models or waiting for newer ones.

Read more

  • Harley-Davidson Bombshell Includes Adventure Bike
Harley-Davidson Bombshell Includes Adventure Bike

With an eye on India, Harley-Davidson has chose to go small at a time when it is caught in a bitter trade war initiated by US President Donald Trump . Harley-Davidson, known for its car-alarm triggering engine rumble, said LiveWire will have no clutch and no gears with the goal of making motorcycle-riding accessible to more people.

Read more

  • McDonald's announces global currency
McDonald's announces global currency

The world's-largest fast-food restaurant said that, beginning Thursday, it will distribute more than 6.2 million MacCoins in more than 50 countries. One way you can get them is to by entering the #BigMac50 contest on Twitter @McDonaldsCanada, from August 2nd until August 8th and sharing why they love the Big Mac.

Read more

  • Elon Musk's Tesla Surfboards Are Selling on eBay for $5,000
Elon Musk's Tesla Surfboards Are Selling on eBay for $5,000

Tesla was seeking a total of $1,500 for each of the surfboards. Indeed, the boards have already sold out, primarily due to Tesla's minuscule 200-unit pre-order capacity. What sets the board apart from those you'd find in a beachside surf shop, you may ask? They were created as part of a collaboration between Tesla Design Studio and Lost Surfbo...

Read more

  • Germany says US-Europe trade tensions ease, questions remain on soy
Germany says US-Europe trade tensions ease, questions remain on soy

Berlin has long pushed for a trade deal with the United States that would allow it to have easier access to the world's largest single importer of industrial goods and it, along with the United Kingdom, has championed this position. The president's economic plan has always consisted of tax reform, trade relief and regulatory relief. "Everybody said...

Read more

  • The Winklevoss twins' bitcoin ETF was rejected
The Winklevoss twins' bitcoin ETF was rejected

However, in June, Gemini Group placed on SEC's table, a proposal for a rule change. According to the SEC, the contention points was that BTC didn't provide the safety against manipulation as a digital asset class and that the tech didn't provide enough tools for preventing money laundering and fraudulent acts.

Read more

  • Tech Podcast: Zuckerberg's riches take a hit as Facebook stock plunges : Bulletin
Tech Podcast: Zuckerberg's riches take a hit as Facebook stock plunges : Bulletin

Last Wednesday, the corporation lost roughly one-fifth of its value after reporting dismal earnings as well as warning of worse-than-expected user growth. In fact, about 175 companies in the S&P 500 are worth less than the $15.9 billion that vanished from the fortune of the Facebook Inc.co-founder as shares of the social-media giant plunged 19 perc...

Read more

  • Amazon earnings top forecasts on cloud computing, ad growth
Amazon earnings top forecasts on cloud computing, ad growth

Amazon , the world's largest online retailer, reported narrower losses from its global business, bucking a trend of increased losses over the past few quarters, even as the Seattle-based e-commerce giant reaffirmed its commitment towards its most important worldwide geography, India, where it has pledged to invest at least $5 billion.

Read more

  • Kudlow: Europe Agreed to Help Us Confront China
Kudlow: Europe Agreed to Help Us Confront China

Trump said in a statement delivered from the White House Rose Garden. Trump said he expected "something very positive to take place" during the White House talks - after sending a series of tweets blasting Europe for unfair treatment of U.S.

Read more

  • China truce in doubt, small American firms brace for tariff barrel bomb
China truce in doubt, small American firms brace for tariff barrel bomb

The breakthrough came as the bitter trade dispute between the United States and China appeared to claim a major casualty, with China not approving USA chipmaker Qualcomms takeover of NXP Semiconductors, likely shutting the door on the $44bn deal.

Read more

  • This tech billionaire just lost US$15.9 billion in a single day
This tech billionaire just lost US$15.9 billion in a single day

Some blame the Cambridge Analytica scandal - that political data company that gained access to 50 million users' information, resulting in Zuckerberg testifying before Congress . Others have been stymied by the higher bar for eye-catching content on Instagram and a general unease among advertisers about a newer service, the ad buyers said.

Read more

  • Twitter stock tumbles 15% after it purged fake accounts
Twitter stock tumbles 15% after it purged fake accounts

Analysts say Twitter has been on a more sustainable track a year after it explored a sale of the company, although its user base is far below that of the 2.2 billion of Facebook and the billion-plus for Facebook-owned Instagram . "We are proud of the tangible improvements people are seeing on Twitter", the firm said. It was the second-biggest ...

Read more

  • Thunderstorm warning issued for Lincolnshire
Thunderstorm warning issued for Lincolnshire

The UK is caught up in one of its longest heatwaves in history - and it could turn deadly. The highest temperature recorded in 2017 was 34.5C at Heathrow on June 21. "And that has the impact of ousting the really hot and humid air.it turns runs cooler for the weekend, fresher, more comfortable at night". London Fire Brigade's Commissioner Dan...

Read more

  • Oil rises after Saudi Arabia suspends shipments following Red Sea lane attack
Oil rises after Saudi Arabia suspends shipments following Red Sea lane attack

The strait lies between Yemen and East Africa and an important shipping route for oil from the Arabian Peninsula to Europe, via the Suez Canal . This lack of production capacity must now become a major point of focus as, in addition to the ongoing Iran-U.S.

Read more

  • Treasury Secretary Steven Munchin Outlines Trade Negotiations with EU Going Forward
Treasury Secretary Steven Munchin Outlines Trade Negotiations with EU Going Forward

He has slapped taxes on imported steel and aluminum, saying they pose a threat to US national security. A "trade promotion program" will work to find new markets for USA agricultural products. The European Union was divided over its trade truce with Donald Trump last night as the USA president celebrated the deal with farmers. "The administrati...

Read more

  • US, Iran face-off to send oil price sky high
US, Iran face-off to send oil price sky high

This week, Trump and Iranian President Hassan Rouhani traded barbs that culminated in Trump firing off a tweet in all capital letters threatening Iran with " CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE ".

Read more

  • Mark Zuckerberg lost £13 billion in five minutes this morning
Mark Zuckerberg lost £13 billion in five minutes this morning

Facebook lost more than $100 billion USA in market value Thursday after the social media company posted earnings a day earlier that showed slowing growth. For Q2, Facebook's daily active users increased 11% year-over-year, to 1.47 billion on average during the month of June. "The Teflon has been scratched away", said Bob O'Donnell , head ...

Read more

  • Mega Millions tickets sold in MA worth over a million dollars
Mega Millions tickets sold in MA worth over a million dollars

This was the fifth largest jackpot in the history of the game. The winning ticket was purchased at Ernie's Liquors and comes with a one-time cash option of $308 million (£234m). Six are worth $1 million each, sold in Arizona, Massachusetts, Michigan, Minnesota and New Jersey (two). Since then, in May, a ticket sold in OH won a $142 million jack...

Read more

  • Facebook misses on revenue in Q2 earnings, stock tanks almost 8% (FB)
Facebook misses on revenue in Q2 earnings, stock tanks almost 8% (FB)

The social media company posted revenue of $13.23 billion in the period, also falling short of Street forecasts. It's a rare moment of weakness for Facebook (FB) at a time when investors are scrutinizing the company carefully to determine whether there is any lingering damage from months of bad press, user outrage and regulatory scrutiny.

Read more

  • South Africa President Cyril Ramaphosa welcomes PM Modi
South Africa President Cyril Ramaphosa welcomes PM Modi

China has told developing nations there would be no victor in a global trade war. You will see during the summit that the likes of President Xi and Prime Minister Modi run real powerhouses, not Putin. Rwanda signed loan agreements worth more than $300 million with China and India to fund roads and irrigation, officials said, as leaders from the tw...

Read more