US President Donald Trump (r) and Apple CEO Tim Cook speak to the press during a tour of the Flextronics computer manufacturing facility where Apple’s Mac Pros are assembled in Austin, Texas, on November 20, 2019. Mandel Ngan | AFP | Getty Images In a tweet, President Donald Trump slammed Apple over whether it should […]
Tag: business news
US Consumer Price Index CPI December 2019
U.S. consumer prices rose slightly in December even as households paid more for health care, and monthly underlying inflation slowed, supporting the Federal Reserve’s desire to keep interest rates unchanged at least through this year. The weak inflation report from the Labor Department on Tuesday came on the heels of data last week showing a […]
Delta (DAL) earnings Q4 2019
A Delta Air Lines Boeing 767-300 landing in Amsterdam. Nicolas Economou | NurPhoto | Getty Images Delta Air Lines’ fourth quarter profits topped Wall Street’s expectations, as lower fuel prices and strong travel — particularly for high-priced premium tickets — demanded lifted the Atlanta-based carrier’s results. Before the market opened on Tuesday, Delta reported per-share […]
JP Morgan Chase (JPM) earnings Q4 2019
Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. Adam Galica | CNBC J.P. Morgan Chase posted profit that exceeded analysts’ expectations on a surge in fourth-quarter trading revenue. is scheduled to report fourth-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $2.35 […]
PM Johnson says UK working to save Branson-owned airline Flybe
This picture shows a Dash 8 Q400 of Flybe airline during take-off on September 24, 2019 at the airport in Duesseldorf, western Germany. INA FASSBENDER U.K. Prime Minister Boris Johnson has offered a heavy hint that his new Conservative administration will begrudgingly step in to help prevent the collapse of Europe’s biggest regional airline, Flybe. […]
Lululemon raises its quarterly forecast after upbeat holiday sales
Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Lululemon Athletica raised its quarterly sales and profit outlook on Monday, as the Canadian apparel maker’s efforts to ramp up its online presence and broaden its range helped drive sales during the all-important holiday […]
US tells UK using Huawei 5G gear would be ‘madness,’ report says
A taxi drives past a Huawei advert at a bus stop in central London on April 29, 2019. Tolga Akmen | AFP via Getty Images The United States reportedly presented Britain with new evidence showing that the use of Huawei equipment in its 5G networks would put intelligence sharing at risk. Allowing Huawei access to […]
Jeff Bezos says Amazon is donating $690,000 to Australian bush fire efforts
Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018. Bloomberg | Getty Images Billionaire Amazon founder Jeff Bezos has announced his company will donate $690,000 to bush fire relief efforts in Australia. In an Instagram post on Sunday, Bezos pledged 1 million Australian dollars ($690,000) on behalf of the tech giant — […]
Fed could cut rates 3 times as tariffs drag down US growth: UBS
Swiss wealth big UBS has predicted that the U.S. Federal Reserve might decrease rates of interest 3 times in 2020 — a forecast that differs broadly from many different projections calling for no change or only one charge minimize this 12 months. Arend Kapteyn, international head of financial analysis at UBS, mentioned on Tuesday […]
Harry and Meghan’s Canada move still needs to be worked out
Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex gesture during their visit to Canada House in thanks for the warm Canadian hospitality and support they received during their recent stay in Canada, on January 7, 2020 in London, England. (Photo by DANIEL LEAL-OLIVAS – WPA Pool/Getty Images) WPA Pool Harry and Meghan, the […]
