Dow ends up 3.3% as stocks rally on jobs data, dovish Fed

Powell said the Fed will act on the current normalization of the balance sheet if conflicts with the Fed's goals arise. Speaking after months of volatility in world bond and stock markets, Powell avoided some of the communication missteps that in... More..

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Qualcomm gets serious: iPhone sales banned in Germany
by | Saturday, January 05, 2019

Qualcomm gets serious: iPhone sales banned in Germany

The German court found in the semiconductor giant's favor on December 20 and ruled that Apple has infringed upon Qualcomm's power savings technology in the firm's iPhone lineup. "We are of course disappoi...More..

Stormy times ahead for IBM-owned Weather Channel app
by | Saturday, January 05, 2019

Stormy times ahead for IBM-owned Weather Channel app

The suit alleges that The Weather Company is actually motivated by sending this data to " IBM affiliates and other third parties for advertising and other commercial purposes entirely unrelated to either wea...More..

Oil drops on concerns of economic downturn, but OPEC cuts support
by | Saturday, January 05, 2019

Oil drops on concerns of economic downturn, but OPEC cuts support

In December, UAE Energy Minister Suhail al-Mazrouei, who also now serves as the president of OPEC, said both OPEC and non-OPEC members are ready to extend output cuts for another six months if the recent measur...More..

Bluefin tuna sells for £2.5m world record at Tokyo fish market
by | Saturday, January 05, 2019

Bluefin tuna sells for £2.5m world record at Tokyo fish market

He bought the most expensive tuna at the first auction of the year from 2012 to 2017. Self-styled "Tuna King" Kiyoshi Kimura paid the top price, which doubled the previous record of 155 million yen also paid ...More..

Powell says he would reject any Trump request to resign
by | Saturday, January 05, 2019

Powell says he would reject any Trump request to resign

He also added that the Fed was prepared to adjust its approach to interest rate hikes should that policy appear to cause problems with the economy. Powell, who was appointed by Trump, also said he had not r...More..

Filing Taxes during Government Shutdown
by | Saturday, January 05, 2019

Filing Taxes during Government Shutdown

The IRS has sent close to 90 percent of its workforce home without pay due to the government's partial shutdown, according to a contingency plan published by the agency in December. But any gap in individuals n...More..

Apple to Miss Sales Expectations, Dow takes a Hit
by | Saturday, January 05, 2019

Apple to Miss Sales Expectations, Dow takes a Hit

The world got a glimpse on Wednesday when Apple , the second-largest public tech company, lowered quarterly sales estimates for the first time in more than 15 years. On Thursday, Henry Zhu, a student from Shen...More..

Dow Jones drops 660 points after Apple forecast adjustment
by | Friday, January 04, 2019

Dow Jones drops 660 points after Apple forecast adjustment

CEO Tim Cook told investors that come January 29, the phone-flinger won't hit the revenue figures it said it would reach, and would in fact see its first year-over-year decline since 2016. "Beyond China, we...More..

'No words.' Officers mourn burned up Krispy Kreme truck
by | Friday, January 04, 2019

'No words.' Officers mourn burned up Krispy Kreme truck

The baked goods company sent them a massive delivery of the gooey goods to help ease their pain Wednesday. The investigation into the fire is ongoing as the cause is unknown. "We hope you like sprinkles", the...More..

RBI Reduces Printing Of Rs 2,000 Notes
by | Friday, January 04, 2019

RBI Reduces Printing Of Rs 2,000 Notes

In December 2017, an SBI Research report had said that the RBI might either be holding back Rs 2,000 notes or could have stopped printing high denomination currency. The Income Tax department also seized cach...More..

Apple cuts revenue estimates, blames weak iPhone sales, cheap battery replacements
by | Friday, January 04, 2019

Apple cuts revenue estimates, blames weak iPhone sales, cheap battery replacements

Also adding to investor concerns was a report that showed manufacturing activity in USA factories was slowing to its lowest level in two years. The company had not decreased its quarterly revenue forecast...More..

Frontier Airlines Passengers Become Ill During Flight Due to Water Fountain
by | Friday, January 04, 2019

Frontier Airlines Passengers Become Ill During Flight Due to Water Fountain

Once the plane landed in Tampa, all sick passengers deplaned and were checked by medical staff before officially being released. All of the sick passengers were evaluated and released. "Passenger safety is Fr...More..

Ohio Lands Spot On 2018 List Of States With Most Outbound Moves
by | Friday, January 04, 2019

Ohio Lands Spot On 2018 List Of States With Most Outbound Moves

While not a ideal reflection of overall population totals, the migration patterns identified in the moving surveys tended to mirror a list of states that with negative population growth rates. NY (61.5 percent)...More..

US stocks edge higher on hopes of US-China trade resolution
by | Friday, January 04, 2019

US stocks edge higher on hopes of US-China trade resolution

In addition to China tensions, regular increases in the Federal Reserve's interest rate and concerns of a depression left investors wary to purchase stocks for much of the year. Brent crude, the benchmark for g...More..

Local Business Will Collect Your Christmas Tree, Curbside
by | Friday, January 04, 2019

Local Business Will Collect Your Christmas Tree, Curbside

Please have all items cleared off of trees before placing them out on the curbs - this includes tinsel and garland. Artificial trees four feet and smaller can be thrown out with your regular garbage. Michel Dub...More..

Man Who Attack Black McDonald's Employee Arrested
by | Thursday, January 03, 2019

Man Who Attack Black McDonald's Employee Arrested

She says it started when 40-year-old Daniel Taylor walked over to the condiment bar to grab a straw at this McDonald's on 34th Street in St. Petersburg. "No, you're finna go to jail", James yelled back. NY ...More..

Apple Reveals It Underestimated Challenges in China, Revises Guidance for Holiday Quarter
by | Thursday, January 03, 2019

Apple Reveals It Underestimated Challenges in China, Revises Guidance for Holiday Quarter

While Apple believed it was in the right to intentionally lower iPhone performance to save on battery life, the company was facing a good deal of consumer outrage at the time , so it issued an offer at t...More..

Curse you, people who landed $16,000 first class seats for $675
by | Thursday, January 03, 2019

Curse you, people who landed $16,000 first class seats for $675

Asia's biggest global carrier sold business-class tickets from Vietnam to Canada and the U.S. at economy prices earlier this week, according to bloggers. And more than 9 million Cathy customers had their pers...More..

Tesla asks more employees to test new Autopilot hardware
by | Wednesday, January 02, 2019

Tesla asks more employees to test new Autopilot hardware

The tax credit is then reduced by 50 percent every six months until it phases out. "Tesla needs a few hundred more internal participants in the full self-driving programme, which is about to accelerate signif...More..

Local Business Reacts to Minimum Wage Increase
by | Wednesday, January 02, 2019

Local Business Reacts to Minimum Wage Increase

In Minnesota, the minimum wage for large employers or companies with revenues of $500,000 or more - was $9.65-an-hour, but rose to $9.86. The remaining 21 states use the federal minimum wage: Alabama, Georgia...More..

Activision Intends to Fire its Chief Financial Officer
by | Wednesday, January 02, 2019

Activision Intends to Fire its Chief Financial Officer

Reports of Netflix's hiring of Neumann hit late Monday , after Activision Blizzard said in a regulatory filing that it was planning to fire Neumann. Earlier on Monday, Activision Blizzard said in a regulat...More..

Tesla selloff on Model 3 delivery news overdone, analyst says
by | Wednesday, January 02, 2019

Tesla selloff on Model 3 delivery news overdone, analyst says

The electric vehicle maker said it would cut the price on its cars by US$2,000, to help make up for USA buyers now being eligible for only a US$3,750 federal tax credit for the next six months, half of what the...More..

Japan court extends detention of ex-Nissan chairman Ghosn
by | Wednesday, January 02, 2019

Japan court extends detention of ex-Nissan chairman Ghosn

The 64-year-old French-Brazilian businessman has been in pretrial detention since November 19 for allegedly concealing from the authorities part of the income he received since 2011, and committing a breach o...More..

Mega Millions Jackpot Raised to $425M for New Years Day
by | Wednesday, January 02, 2019

Mega Millions Jackpot Raised to $425M for New Years Day

The prize will be the eighth-largest jackpot in Mega Millions history. A Mega Millions tickets is sold at the Bluebird Liquor store in Hawthorne on October 19, 2018. More..

by | Wednesday, January 02, 2019

Krispy Kreme truck destroyed in fire, Kentucky police mourn

It proved too much to bear for the local police. Lexington PD shared pictures on Twitter showing "devastated" officers, drawing sympathetic responses from other police departments. Its cause is not yet known....More..

Police 'mourn' loss of Krispy Kreme doughnut truck in fire
by | Wednesday, January 02, 2019

Police 'mourn' loss of Krispy Kreme doughnut truck in fire

It proved too much to bear for the local police. Not long after the fire, the Lexington Police Department posted on social media several pictures of officers showing their dismay at the loss. Its cause is n...More..

New York’s Minimum Wage Hits $15 On New Year’s Eve
by | Tuesday, January 01, 2019

New York’s Minimum Wage Hits $15 On New Year’s Eve

The hourly minimum wage for tipped employees will be $4.55 per hour effective January 1, 2019, half the minimum wage for non-tipped employees. Voters last approved an increase to the state minimum wage in 200...More..

Oracle’s Larry Ellison joins Tesla’s board
by | Monday, December 31, 2018

Oracle’s Larry Ellison joins Tesla’s board

The company had earlier pledged that customers who had placed orders by October 15 would not only receive their cars by year-end but full tax credits, too. In November, Tesla joined forces with General Motors a...More..

DoubleTree hotel calls the police on Black guest using the phone
by | Monday, December 31, 2018

DoubleTree hotel calls the police on Black guest using the phone

In a series of Instagram videos of the incident recorded by Massey and obtained by CNN, he is heard asking the guard, "But why?" Paul Peralta , general manager of the Portland Doubletree, said in a s...More..

Big deadline for Sears on Friday
by | Monday, December 31, 2018

Big deadline for Sears on Friday

Liquidation sales at the stores are expected to begin in two weeks, the company said in a statement. It faces a self-imposed deadline of 4 p.m. Friday for bids. Should Lampert submit a bid, Sears' advisors woul...More..

6 injured due to jet bridge 'equipment failure' at airport
by | Sunday, December 30, 2018

6 injured due to jet bridge 'equipment failure' at airport

The six people suffered non-life-threatening injuries, BWI said. The jet bridge, which is the hallway structure leading to the plane that passengers use to board the aircraft, was being used for a Southwest A...More..

Computer Virus Disrupts Delivery Of San Diego Union-Tribune, Los Angeles Times
by | Sunday, December 30, 2018

Computer Virus Disrupts Delivery Of San Diego Union-Tribune, Los Angeles Times

West Coast editions of the Wall Street Journal and The New York Times , which share the same production platform in Los Angeles , were also affected. Tribune Publishing spokeswoman Marisa Kollias confirmed...More..

U.S. trade delegation to travel to China next month
by | Saturday, December 29, 2018

U.S. trade delegation to travel to China next month

China, meanwhile, wants the U.S.to remove the punitive tariffs that have been imposed and not add new ones, but suspects the USA will ask for more before it agrees to do that, the people said. A USA government ...More..

Land Rover Defender revealed during off-road testing
by | Saturday, December 29, 2018

Land Rover Defender revealed during off-road testing

Test vehicles will operate in temperatures as low as -40 Celsius and as high as 48 Celsius and at altitudes of 13,000 feet above sea level. In other words, the off-road SUV shares its underpinnings with the nex...More..