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Apple Card is better still than we realized

Apple Card is better still than we realized

The Apple Card is part of a broader effort by Apple to derive more of its revenue from services after years of heavily reliance on iPhone sales, which declined 12% in the most recent quarter. In a...

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Dow Drops More Than 300 Points After Fed Cuts Interest Rates

Dow Drops More Than 300 Points After Fed Cuts Interest Rates

He said: "The market has priced in two to three cuts in United States interest rates which, combined with restarted trade negotiations with China, has helped support global markets". "Trade policy ten...

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Amazon Dash Button service will close August 31st

Amazon Dash Button service will close August 31st

Following up on its notice earlier this year, Amazon is ending all its support for its one-touch, Amazon Dash buttons. Even though physical Dash buttons are on the way out, there are still "vir...

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Entenmann’s Little Bites cookies recalled due to plastic in packaging

Entenmann’s Little Bites cookies recalled due to plastic in packaging

The plastic is not baked into the product since it was introduced during the packaging process, but consumption of the plastic pieces may result in a choking hazard, according to the announcement. iss...

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Lower Crude, Gas Prices Hurt Shell

Lower Crude, Gas Prices Hurt Shell

For the second quarter, earnings slid 26 per cent to under $3.5 billion (£2.9bn). The company is responsible for a quarter of the total natural gas traded in the world. Integrated Gas was hit particul...

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Chick-fil-A crowned America’s favorite fast-food chain, new survey says

Chick-fil-A crowned America’s favorite fast-food chain, new survey says

The survey polls over 7,600 consumers, allowing them to rate factors such as food quality, speed of service, staff friendliness and more. Chick-fil-A received the highest overall score across all ca...

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U.S. economy adds 164,000 jobs in July

The average workweek for all employees on private nonfarm payrolls decreased by 0.1 hours to 34.3 hours in July. Total nonfarm payroll employment for May was revised down by 10,000 from an increase ...

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India drops to seventh place in 2018 global GDP rankings

China was the second largest economy with $13.6 trillion, while Japan took the third place with $5 trillion. Although the World Bank acknowledges that GDP, "though widely tracked, may not always be ...

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Small business employment edges higher in July, ADP says

Small business employment edges higher in July, ADP says

But smaller companies are struggling to find talent after years of robust job growth. "Job growth is healthy, but steadily slowing", said Mark Zandi, chief economist at Moody's Analytics, which help...

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Trump tariffs 'not hitting Chinese economy'

Trump tariffs 'not hitting Chinese economy'

Former Director of the National Economic Council Gary Cohn (Back) listens to US President Donald J. Trump (front) deliver remarks during a meeting with members of his Cabinet, in the Cabinet Room of t...

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Majestic Wine sells retail and commercial businesses for £100m | 2 August 2019

Majestic Wine sells retail and commercial businesses for £100m | 2 August 2019

In a separate transaction, Majestic is to sell the freehold on its premises in Ealing to property developer A2Dominion for £5 million. "In March when it was announced Majestic may be closed, or ...

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BA-owner IAG gains on profit rise, outlook despite strike threat

BA-owner IAG gains on profit rise, outlook despite strike threat

IAG exceeded forecasts as it recorded a 19% jump in pre-tax profits to 921 million euros (£843 million) for the three months to June. Fuel unit costs gained 12.4% or 6.3% at constant currency. In r...

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Audi e-tron 50 quattro - 300 km range, 308 hp, 540 Nm

Audi e-tron 50 quattro - 300 km range, 308 hp, 540 Nm

A product of the carbon-neutral Audi Brussels plant, the e-tron 50 quattro combines a high level of efficiency with strong and instantly accessible performance. In this way it ensures that the high-...

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Canada posts narrower June trade surplus despite falling exports, imports

June's surplus narrowed from a stronger $556 million in May. The figure of Can$136 million ($103 million) was well short of analysts' expectations of a surplus in the ballpark of Can$300 million. "E...

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Pentagon pauses $10 billion cloud contract over Amazon concerns

Pentagon pauses $10 billion cloud contract over Amazon concerns

Oracle Corp lobbied aggressively and expressed concerns about the award process for the contract, but along with IBM Corp it has since been eliminated from the competition, leaving Amazon and Micr...

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5 ways the US Fed's rate cut affects Canadians

5 ways the US Fed's rate cut affects Canadians

There's no doubt that the reporter questions were created to flesh out something more juicy from Powell but in his best efforts to not take the bait, he gave out a frantic message by not wanting to di...

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What Happened: Why the First Physical Bitcoin Futures Haven't Launched

What Happened: Why the First Physical Bitcoin Futures Haven't Launched

While Bitcoin futures already existed with CME since 2017, derivatives provider LedgerX is the first to offer physical Bitcoin futures trading so that investors can deposit Bitcoins instead of d...

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U.S. crude stocks slump 8.5 mln bbls in seventh straight weekly fall

U.S. crude stocks slump 8.5 mln bbls in seventh straight weekly fall

Oil prices skidded on Thursday, declining for the first time in six days after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and Sino-U.S. Futures contracts of crude oil o...

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Android users can soon select their default search engine during device setup

Android users can soon select their default search engine during device setup

Search and location data: Google account users can set autodelete for 3 or 18 months Google gives users more control over search and location data in the face of impending government scrutiny. The CEO...

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CDC/FDA: Don't give your dog pig ears, don't touch them

CDC/FDA: Don't give your dog pig ears, don't touch them

Illnesses in the outbreak have been reported in the following 33 states: Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Iowa, Illinois, Indiana, Kansas, Kentucky, Lou...

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Oscar Meyer's ice cream sandwich includes bits of candied hot dog meat

Oscar Meyer's ice cream sandwich includes bits of candied hot dog meat

The sandwich, which features cookies as "buns", contains bits of candied hot dog meat and spicy mustard ice cream. This release comes just in time for National Ice Cream Sandwich Day, which is Frida...

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Shopify shares surge as subscriber gains power strong Q2 revenue

Shopify shares surge as subscriber gains power strong Q2 revenue

The fund purchased 719 shares of the software maker's stock, valued at approximately $216,000. A number of other hedge funds have also recently modified their holdings of SHOP . The software maker ...

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Top China envoy: USA 'fanning flames' of Hong

Top China envoy: USA 'fanning flames' of Hong

The park was filled to the brim with many standing on grass patches and among shrubs, with more spilling out onto surrounding roads. Tensions are running high and many in the city are growing tired,...

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CannTrust launches strategic review to explore sale and other options

CannTrust launches strategic review to explore sale and other options

Since the original announcement by the firm on July 8, shares of CannTrust have seen a nosedive in value of over 50 percent both in NY and Toronto. Paradigm Capital reissued a "buy" rating on shares...

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US factory activity growth slows to weakest in almost three years

US factory activity growth slows to weakest in almost three years

Wages were 3.2% higher in July than a year ago, a slight increase from the 3.1% yearly gain in June, but below the 3.4% growth peak achieved in February. Inflation has undershot the Fed's 2% target th...

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Global gold demand hits 3-year high in H1

Global gold demand hits 3-year high in H1

He continued: "While the Fed's dovish turn was a key driver for this, it also builds on a strong H1 which saw gold demand hit a three-year high, underpinned by extremely strong central bank buying". "...

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Pentagon reconsiders $10B cloud contract as Trump sounds alarm over Amazon favoritism

Pentagon reconsiders $10B cloud contract as Trump sounds alarm over Amazon favoritism

President Donald Trump has criticized the process, citing complaints from other companies, as potentially biased toward Amazon . "No decision will be made on the program until he has completed hi...

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Sobeys to remove plastic bags by January 2020

Sobeys to remove plastic bags by January 2020

A FreshCo store in Guelph, Ontario. Loblaw Companies Limited, owner of grocery stores like Atlantic Superstore, Wholesale Club and No Frills, has also taken steps to reduce its use of plastic bags. ...

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IBM revamps software portfolio for Red Hat

IBM revamps software portfolio for Red Hat

IBM already supports OpenShift on its Power Systems and storage gear. "The ability to run enterprise grade, containerized solutions, is a key part of our application modernization strategy", said ...

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Beyond Meat tumbles after pricing secondary stock offering at $160

Beyond Meat tumbles after pricing secondary stock offering at $160

Grundy now expects that the company will earn $0.05 per share for the quarter, up from their previous estimate of $0.02. They noted that the move was a valuation call. Revenues reached $67.3 million i...

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