Apple Card faces investigation over sexist credit limit claims

When he pointed this out to Apple, his wife's limit was suddenly raised. In many ways, it's just another credit card . This controversy has led to the New York State Department of Financial Services announcing that it would be investigating th... More..

by | Published more than a month ago
Asian stocks fall on fears US-China trade stalling
by | Wednesday, November 13, 2019

Asian stocks fall on fears US-China trade stalling

The Trump administration says the Chinese also agreed to do more to protect intellectual property rights. Lighthizer told reporters in September that he did not expect Trump to impose tariffs on imported Japa...More..

Dean Foods files for bankruptcy in Texas
by | Wednesday, November 13, 2019

Dean Foods files for bankruptcy in Texas

Davis Polk & Wardwell and Norton Rose Fulbright are serving as legal advisers to Dean Foods , while Evercore is serving as an investment banker, and Alvarez & Marsal is its financial adviser. Plant-based milk ...More..

Tesla announces plans to build Gigafactory 4 in Berlin
by | Wednesday, November 13, 2019

Tesla announces plans to build Gigafactory 4 in Berlin

Busch and/or Mr. Musk ", Kaeser said, adding that his aim was rather to draw attention to entrepreneurial spirit in Germany and the declining relevance of German companies. Tesla is estimated to have some 30...More..

Industrial output posts steepest contraction in almost eight years
by | Tuesday, November 12, 2019

Industrial output posts steepest contraction in almost eight years

During April to September, the IIP growth remained nearly flat at 1.3 per cent compared with 5.2 per cent in same period last fiscal. As many as 17 of the 23 industry groups in the manufacturing sector co...More..

Former Chinese trade negotiator explains why Trump re-election is best for China
by | Tuesday, November 12, 2019

Former Chinese trade negotiator explains why Trump re-election is best for China

Shipments tumbled, though, after Beijing in 2018 imposed steep tariffs on imports of US soy and other agricultural goods. The S&P 500 index has posted gains for five straight weeks. He pointed to the Federal ...More..

Plane Slides Off Runway at O'Hare Airport in Snowy Conditions
by | Tuesday, November 12, 2019

Plane Slides Off Runway at O'Hare Airport in Snowy Conditions

No injuries were reported on the flight, which was operated by Envoy Air. Passengers inside the aircraft took video of the rough landing that shows the wing collapse in the snow . " It was pretty turbulent "...More..

Chinese firm in talks over '£70m deal' to buy British Steel
by | Monday, November 11, 2019

Chinese firm in talks over '£70m deal' to buy British Steel

The deal could protect 4,000 jobs at British Steel's sites in Scunthorpe and neighbouring Teeside, alongside an additional 20,000 jobs in the supply chain and 1,000 more overseas. British Steel had been in resc...More..

Oil Stalls Close to Six-Week High on Slippery Trade-War Signals
by | Monday, November 11, 2019

Oil Stalls Close to Six-Week High on Slippery Trade-War Signals

On Friday, Mr Trump, in comments that hit stock prices and the dollar, said he had not agreed to a tariff rollback. Trump on Friday dismissed a Chinese official's assertion that his administration has agr...More..

Uber CEO compares Jamal Khashoggi's murder to his company's own 'mistakes'
by | Monday, November 11, 2019

Uber CEO compares Jamal Khashoggi's murder to his company's own 'mistakes'

It's a serious mistake. "That government said that they made a mistake". Saudi Arabia is Uber's fifth-largest shareholder and the head of its sovereign wealth fund is also on the company's board of director...More..

United Kingdom growth slowest in nearly a decade, says ONS
by | Monday, November 11, 2019

United Kingdom growth slowest in nearly a decade, says ONS

The U.K. may have ducked a recession, but it's seeing it's weakest growth in a decade and may struggle to expand if the rest of the global economy is slowing, said Artur Baluszynski, head of research at Henders...More..

Hong Kong crisis escalates as protester shot by police
by | Monday, November 11, 2019

Hong Kong crisis escalates as protester shot by police

One video circulated by protesters on messaging channels showed a police officer trying repeatedly to drive his motorbike into protesters who had gathered on a road. The video was posted on Facebook by Cupid ...More..

Federal regulator opens up investigation into Apple Card over gender discrimination accusation
by | Monday, November 11, 2019

Federal regulator opens up investigation into Apple Card over gender discrimination accusation

According to Bloomberg , a Goldman Sachs spokesperson said that it's possible for two Apple Card family members to receive significantly different credit limits, but "in all cases, we have not and will not...More..

Turkey: US citizen Daesh terrorist repatriated
by | Monday, November 11, 2019

Turkey: US citizen Daesh terrorist repatriated

He also said foreign fighters from Ireland, Germany and Denmark were being prepared for deportation. "We are not a hotel for anyone's Daesh members", the minister, Suleyman Soylu, told reporters last week, us...More..

Alibaba sets new Singles' Day record
by | Monday, November 11, 2019

Alibaba sets new Singles' Day record

Alibaba netted sales worth US$30 billion on its platforms on Singles' Day past year, dwarfing the US$7.9 billion United States online sales for Cyber Monday. Singles' Day emerged as a uniquely Chinese antido...More..

Siemens CEO deplores admiration for 'pot smoker' after his deputy praised Tesla
by | Monday, November 11, 2019

Siemens CEO deplores admiration for 'pot smoker' after his deputy praised Tesla

Einhorn's response came swiftly, as he challenged Musk to elaborate on "false allegations" made against the vehicle maker, and took him up on an offer to get more understanding about Tesla's bottom line. Chief ...More..

Alibaba says Singles’ Day sales hit $13bn in first hour
by | Monday, November 11, 2019

Alibaba says Singles’ Day sales hit $13bn in first hour

The event is so big, Alibaba launches it with a live-streamed gala that this year, Taylor Swift will headline. That's a new record for the company, which saw $30 billion in total sales for 2018's entire ...More..

Canadian hiring turns negative in October - TD Securities
by | Sunday, November 10, 2019

Canadian hiring turns negative in October - TD Securities

Statistics Canada said overall employment in Victoria increased by 3,500 positions. Mendes says he expects the job market to weaken further - eventually leading to the Bank of Canada cutting interest rates. "...More..

Will Japan Turn Its Back On The Aramco IPO?
by | Sunday, November 10, 2019

Will Japan Turn Its Back On The Aramco IPO?

The IPO process will begin on November 17 and close on December 4. The offering period for individual subscribers begins on November 17 and closes at the end of November 28. After the flotation, Aramco will...More..

Sears, Kmart locations closing nationwide
by | Sunday, November 10, 2019

Sears, Kmart locations closing nationwide

The merchants that are slated to be shut by February 2020 involve destinations in Arkansas, Arizona, California, Delaware, Florida, Georgia, Iowa, Illinois, Massachusetts, Maryland, Michigan, Missouri, North Ca...More..

WhatsApp Adds ‘Catalog’ Feature In India; Likely To Help Small Businesses
by | Sunday, November 10, 2019

WhatsApp Adds ‘Catalog’ Feature In India; Likely To Help Small Businesses

The new feature will allow a business to add information like price, description and product code for each item in its catalogue. Catalogs are available now for Android and iOS in the U.S., the UK, India...More..

Streaming services set to crack down on password sharing
by | Sunday, November 10, 2019

Streaming services set to crack down on password sharing

Phones or tablets might be OK, but a Roku device at a second location would not. In a recent development, streaming giants, such as Netflix Inc., HBO, and market leaders in the cable industry are planning t...More..

A Look at How Starbucks Holiday Cups Have Changed Over the Years
by | Saturday, November 09, 2019

A Look at How Starbucks Holiday Cups Have Changed Over the Years

You could get early boarding privileges on your next flight just for carrying a cup of coffee . Or, like, drinking this coffee will make you warm inside like the holiday season? It's fun, festive and uniquely ...More..

Mzansi plans sponsored wedding for viral couple who got engaged at KFC
by | Saturday, November 09, 2019

Mzansi plans sponsored wedding for viral couple who got engaged at KFC

Bhut' Hector got down on one knee and asked Nonhlanhla to marry him as crowds of onlookers cheered. The woman is seemingly shy, probably in disbelief but the man is seeing smilling ear-to-ear. Well, it is spe...More..

Mystery over wave of delayed text messages in US
by | Saturday, November 09, 2019

Mystery over wave of delayed text messages in US

Samantha Majorczak, a college student in Arizona, said she received a text that said "How is your day going?" from her dad - who died in March. I can personally vouch for this, as I ended up with at least 3 r...More..

WeWork woes pushes SoftBank to £5bn loss
by | Friday, November 08, 2019

WeWork woes pushes SoftBank to £5bn loss

Although startups always carry a bit of risk, Softbank had so far been successful in avoiding a fiasco by carrying a widespread portfolio, despite having had its share of money-losing investments. stock marke...More..

Potential US China trade deal would remove tariffs
by | Friday, November 08, 2019

Potential US China trade deal would remove tariffs

Over the past couple of weeks, delegates from the US and China have had "serious and constructive" discussions in an effort to secure a deal that would end their more-than-yearlong tariff dispute, Gao added...More..

Target Is Having a Two-Day Black Friday Preview Sale Starting Tomorrow
by | Friday, November 08, 2019

Target Is Having a Two-Day Black Friday Preview Sale Starting Tomorrow

Following the two-day preview, HoliDeals will continue in the form of the retailer's well-known "Weekend Deals" (starting Saturday, November 16 and running through Sunday, December 15). on Thanksgiving day. ...More..

AMD Announces Ryzen Threadripper 3960X, 3970X and Ryzen 9 3950X
by | Thursday, November 07, 2019

AMD Announces Ryzen Threadripper 3960X, 3970X and Ryzen 9 3950X

Now, the AMD Ryzen 9 3950X will be coming out alongside next-gen Threadripper processors on November 25 for $749 (about £580, AU$1,080). The new Ryzen Threadripper 3970X, for instance is $1,999 (about £1,56...More..

Oil unchanged after overnight losses amid caution over trade talks
by | Thursday, November 07, 2019

Oil unchanged after overnight losses amid caution over trade talks

President Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December, as discussions continue over terms and venue. The EIA reported that gasoline inventori...More..

Bank of England cuts growth forecasts on Boris Johnson's Brexit deal
by | Thursday, November 07, 2019

Bank of England cuts growth forecasts on Boris Johnson's Brexit deal

Bank of England keeps its bank rate at 0.75%, however two members of the monetary policy committee voted for a 25 basis point cut in the rate. The Pound (GBP) remained steady against the Euro ( EUR ) ahea...More..

China, US to lift some tariff hikes as trade talks advance
by | Thursday, November 07, 2019

China, US to lift some tariff hikes as trade talks advance

The U.S. -China trade war has been a top concern for investors since early 2018, and momentum has recently been tilting toward at least a partial agreement. With OPEC and other top producers led by Russian Fede...More..

United Kingdom drone pilots have to register their craft before December
by | Thursday, November 07, 2019

United Kingdom drone pilots have to register their craft before December

The new DJI Mavic Mini just scrapes under the weight limit at 249g, which is no accident, but most other consumer drones (including the DJI Mavic Air , DJI Mavic 2 Pro , and even the little DJI Spark ) nee...More..

New Info on Bitcoin's Surge Points to
by | Thursday, November 07, 2019

New Info on Bitcoin's Surge Points to "Whale"

Griffin and Amin Shams - of the universities of Texas and OH respectively - have updated their previous research, which made the case that market misconduct was allegedly behind Bitcoin's bull run to an all...More..

Reuteres: Airbnb to review 'high risk reservations' following Halloween shooting
by | Thursday, November 07, 2019

Reuteres: Airbnb to review 'high risk reservations' following Halloween shooting

They will also be verified for quality standards, including cleanliness, safety and basic amenities. All rentals that meet the company's new standards will be "clearly labeled" by December 15, 2020, he notes. A...More..