Business & Finance articles


Apple’s Rise on Latest Numbers Shows It’s Still Viewed as an iPhone Company

Apple’s Rise on Latest Numbers Shows It’s Still Viewed as an iPhone Company

Apple investors got a shot in the arm on Friday on reports that the iPhone 11 is seeing higher-than expected demand. Shares of Apple (AAPL) were up 2.36% to $226.03 on Friday after Nikkei Business Daily reported that Apple has boosted production of the iPhone 11 line by 10%, or around eight million units. The boost was

Inspectors seek ‘smoking gun’ evidence that Iran carried out attack on Saudi oil facilities

BEIRUT — Weapons experts are inspecting GPS systems recovered from the Sept. 14 missile and drone strike on Saudi Arabian oil facilities for evidence that could reveal their origin and flight path, people familiar with the investigation said. Officials in Riyadh and Washington have blamed Iran for the attacks and are searching for “smoking gun”

Apple Banks on Cameras, Battery Life and Revamped Pricing to Lift iPhone Sales

As expected, camera improvements are meant to be a major selling point for Apple’s (AAPL)  just-announced iPhone 11, 11 Pro and 11 Pro Max phones. But in the cases of the 11 Pro and 11 Pro Max, Apple is also looking to sell consumers on major battery life gains. And when it comes to iPhones

rhodium prices, gold prices, bitcoin, precious metals, catalytic converters and cars, metals mining

For U.S. Manufacturers Hit by Trade War, the Recession Is Already Here

President Donald Trump’s trade war with China is supposed to lead to a renaissance for U.S. manufacturers, and a resurgence in hiring of American factory workers. For now, though, U.S. manufacturers are going in the opposite direction. A key gauge of U.S. factory activity fell into contraction levels last month, for the first time during Trump’s tenure. The Institute for Supply Management’s

‘Absolute Monster’ Hurricane Dorian Heading Straight For Florida

Hurricane Dorian on Friday afternoon was upgraded to a Category 3 storm with 115 mph winds as it continues to barrel toward Florida’s east coast. Florida is under a state of emergency as residents prepare for what’s forecast to be the worst storm to hit the coastal region in nearly three decades. Dorian is set


Huawei Faces Additional U.S. Probes For Intellectual Property Theft: Report

Chinese telecom equipment maker Huawei is facing new investigations into allegations it stole camera technology for smart phones and engaged in questionable recruitment practices, according to a published report Thursday. Huawei’s troubles come in addition to the company’s placement on the commerce department’s “entity list,” barring it from buying U.S. components, and its trial in

Bank of America’s CEO has one simple reason why he doesn’t see a recession looming

Bank of America Corp.’s CEO Brian Moynihan says he doesn’t see a recession in the offing because the U.S. consumer remains healthy. ‘But what’s going to make that happen is the underling U.S. consumer. And the underlying consumer is doing well and making more money, they’re employed; and more importantly, they are spending more money.’