That’s trillion with a T-Apple hits market value of $1 trillion

03 Aug, 2018

Earlier, PetroChina 2007 become the world's first company to reach $ 1 trillion company, however, the stock soon drop below the achieved mark. After all, it's easier to double revenue from $1 million to $2 million than from $100 billion to $200 billion.


Chipotle (Nyse: CMG) Shares Decline As Food Sickness Hits Again - Tim Bellamy

02 Aug, 2018

Reports of illness first surfaced Sunday on the website iwaspoisoned.com, and surged into the hundreds following Business Insider's report. People reported symptoms such as vomiting, nausea, and fever to the website. As for the stock, the drop in it isn't that shocking, because Chipotle has had a big price rally in the past few months, much of which was likely fueled by short covering.


German firms now HIT by Trump's tariffs on £200BN of China goods

02 Aug, 2018

Trump has ultimately threatened tariffs on more than $500 billion in Chinese goods, covering virtually all USA imports from China . Trump's ongoing trade dispute with China has put him at odds with members of his own party and the United States business community, who have expressed outrage about the protectionist bent of his administration's trade policies, and warned of negative consequences for the USA economy.


Apple Becomes World's 1st Private-Sector Company Worth $1 Trillion

02 Aug, 2018

A filing with the SEC yesterday showed Apple had revised its share count at 4,829,926,000 on 20 July, less than the 4,842,917,000 it reported on Tuesday for the end of the June quarter due to share buybacks. " I think it just speaks to just how powerful the Apple ecosystem has become over the last few decades ", GBH Insights analyst Dan Ives told CNBC. Jobs, who died in 2011, was succeeded as chief executive by Tim Cook, who has doubled the company's profits but struggled to develop a new ...


Parasite warning for salads, wraps at Kroger, Trader Joe's, Walgreens

02 Aug, 2018

The Centers for Disease Control and Prevention said this causes intestinal illness about a week or so after consumption, and can include diarrhea and frequent or explosive bowel movements. A spokesperon said,"This product was available in a limited number of our stores in IL only. 39985 or P-39985" inside or next to the USDA mark of inspection.


Tesla claims record revenue of $4B in Q2 2018

02 Aug, 2018

Tesla would use money generated from sales to fund big projects such as an estimated $2 billion new factory in China and another plant in Europe, he said. In its last production call in early July, Tesla had barely made its goal of producing 5,000 of the cars a week by the end of June-and that for only a week and by the skin of the company's new tent that houses the car's second production line.


Trump to impose sanctions over Turkey's detaining of pastor

02 Aug, 2018

Speaking in Ankara, Mr Erdogan said Turkey would not make compromises regarding the independence of the judiciary, and said the remarks of the "evangelist, Zionist mentality" in the USA was unacceptable. But the move stoked tensions rather than defusing the crisis, with U.S. media reports accusing Turkey of reneging on a deal to free him, which Ankara has denied.


50 years on, McDonald's and fast-food evolve around Big Mac

01 Aug, 2018

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. The chain will be handing out limited edition "Mac Coins" on Thursday with the purchase of a Big Mac. "This global connectivity of the Big Mac inspired the creation of the MacCoin ".


Impact of U.S.-China trade tariffs on U.S. companies

01 Aug, 2018

Despite the buoyant stock market, the statement lacks detail. The basic logic was that increased tariffs would protect American jobs and reduce the impact of recession. China responded by saying it would raise tariffs by an equal amount and tried to portray itself as a victim that was being bullied. Andrew Crone, president and CEO of high-end case goods and upholstery manufacturer Chaddock, said a 10% tariff on Chinese made furniture would not hurt the company as it does not import any ...


Apple earnings beat expectations as it sells pricier iPhones

01 Aug, 2018

Apple sold 41.3 million iPhones in the fiscal third quarter, below expectations of 41.8 million units, but the average iPhone selling price hit $724, beating analyst expectations of $694, according to data from FactSet . "We feel great about the results on iPhone", he said. CEO Tim Cook , in an earnings call with analysts, said that Apple "could not be happier" about the numbers put up by its flagship product.


Harley-Davidson announces Royal Enfield rival

31 Jul, 2018

Pegged as one of the key emerging markets, Harley-Davidson has announced that in 2020, a year later after LiveWire opens the Harley-Davidson electric motorcycle range, they are going to bring out new motorcycles on a completely new platform with capacities ranging from 500 to 1250cc.


Facebook stock plunge: Brief setback or portent of trouble?

30 Jul, 2018

On the eve of Zuckerberg's scheduled testimony past year, Facebook withdrew the proposal, which would have let him keep control of the social media company even while selling shares to fund his philanthropy. According to Reuters , Facebook is facing yet another legal issue after its recent stock plunge. The big loss comes after Facebook reported weaker revenues and user numbers in Q2 of 2018, the first significant drop after the big privacy scandals that hit the American social media ...


U.S. and Europe reach trade truce. For now

30 Jul, 2018

Just days before, Trump wrote that tariffs were the "greatest" when negotiating trade policy. President Donald Trump is lamenting decades of US trade policy as he addresses steel workers in IL. Tariffs threaten more than $3.8 billion in IL exports, according to the U.S. Chamber of Commerce, and major companies including Caterpillar and Boeing already have been negatively affected.


Amazon profit rises but sales growth could slow

28 Jul, 2018

Amazon's quarterly profit soared past $2 billion for the first time, bolstered by continued growth in its online shopping, cloud computing and advertising businesses. According to the research firm eMarketer , Amazon's e-commerce revenue will grow more than 28 per cent this year to reach US$394 billion, and will account for 49 per cent of U.S.


Twitter stocks dive 20% as users drop by a million

28 Jul, 2018

Monthly users fell to 335 million in the second quarter and came in well below Wall Street's expectations of 339 million. The company is expected to post an adjusted loss of $0.18 a share on revenue of $251.6 million, according to analysts surveyed by Bloomberg.


Facebook heading for its worst trading day ever

28 Jul, 2018

What drove the selloff: Investor concern about Facebook's growth cooling down. FB stock was down about 7.8% after the bell on Wednesday following the news, while shares were up roughly 1.3% during regular trading hours. According to techcrunch.com, it seems as if Facebook announced the stat in hopes of deflecting attention from the fact that its user count shrank in Europe and was flat in the USA and Canada, contributing to extraordinarily low monthly and daily user growth.


Backing off auto tariffs, US and EU agree to more talks

28 Jul, 2018

More: Trump says he's prepared to slap tariffs on all $500B in Chinese imports to U.S . "We also will resolve the steel and aluminum tariff issues, and we will resolve retaliatory tariffs". The government announced a $12 billion plan Tuesday to assist farmers who have been hurt by President Donald Trump's trade disputes with China and other trading partners.


EU says farming 'not part' of US trade deal, contradicting Trump

28 Jul, 2018

They still delivered that message but they also asked questions about the White House's time frame for completing the trade agreement with Europe and about whether this deal will lead to the completion of other major agreements, like a renegotiated North Atlantic Free Trade Agreement.


Facebook creates new China subsidiary despite ban and censorship

28 Jul, 2018

The only app Facebook-owned app that runs unhindered in China too was blocked at the beginning of September previous year. Facebook's application for the China subsidiary in the Zhejiang province was approved on July 18, CNBC reported on Tuesday citing a filing with the country's National Enterprise Credit Information Publicity System.


Brent oil price up as some Saudi Red Sea shipments suspended

27 Jul, 2018

This comes as the United Kingdom -based charity Save the Children warned Yemen is likely to see a spike in cholera cases as hot summertime conditions favor a resurgence of the water-borne illness. "It could be a reason for increased naval presence for many countries, mainly the United States and Russian Federation, thus resulting in an escalation of tensions", he said.


Bitcoin drops as United States regulators reject Winklevoss ETF plan

27 Jul, 2018

While there are numerous other bitcoin-related ETF proposals now lodged with the SEC, those of VanEck and SolidX have generated by far the most attention - with several hundred comments submitted regarding the proposals on the SEC website.


Weather warning issued for thunderstorms

27 Jul, 2018

Temperatures on 31 degrees are forecast in Peterborough on Thursday and Friday with the humidity leading to the possibility for rain and thunderstorm in the city on Friday. NHS Providers - the trade body which represents NHS services - said some hospitals are back to "winter conditions" after reporting record numbers of A&E admissions.


Facebook plunges more than 24 percent on revenue miss and projected slowdown

27 Jul, 2018

The Cambridge Analytica scandal prompted several apologies from Chief Executive Mark Zuckerberg and generated calls for users to desert Facebook , which has grown strongly since launching as a public company in 2012. "It wouldn't be surprising if a couple million very irritated Brits left Facebook ", says Brian Wieser, analyst with Pivotal Research. FACEBOOK HAS BLED one million active monthly users since the General Data Protection Regulation (GDPR) came into effect .


Raab: UK should not cower in fear of Brexit talks breakdown

26 Jul, 2018

Building on the government's devolution agenda for the Northern Powerhouse, the Prime Minister will also confirm that government will lay the legislation to formally conclude the North of Tyne Devolution Deal with Newcastle, Northumberland and North Tyneside.


GOP senators say Trump's farm relief package is a dud

26 Jul, 2018

U.S. President Donald Trump and President of the European Commission Jean-Claude Juncker walk together before speaking about trade relations in the Rose Garden of the White House in Washington, U.S., July 25, 2018 . "This is a short-term solution to allow President Trump time to work on long-term trade deals to benefit agriculture and the entire US economy", said Sonny Perdue, the secretary of agriculture, in a statement.



Popular Pages