Business

Qualcomm fined nearly €1bn by European Union competition watchdog over Apple deal

Qualcomm fined nearly €1bn by European Union competition watchdog over Apple deal

This effectively shut out competitors such as Intel from the market for LTE baseband chipsets used in the 4G mobile phone standard for five years, the European Union said . No comment was received ...

by · Business
Burger King hilariously explains net neutrality with 'Whoppers'

Burger King hilariously explains net neutrality with 'Whoppers'

To explain the effects of repealing net neutrality, the fast-food chain compares the complicated rules to its famous Whopper sandwich, creating "Whopper neutrality". Members of the commission voted al...

by · Business
United States imposes protectionist imported goods tariffs

United States imposes protectionist imported goods tariffs

Following the announcement by the U.S. International Trade Commission (ITC) that imported solar cells with an energy capacity of over 2.5 gigawatts will be subject to tariffs ranging from 30 to 15 per...

by · Business
US Imposes Fresh New Sanctions on North Korea

US Imposes Fresh New Sanctions on North Korea

US President Donald Trump has praised China for its efforts to restrict oil and coal supplies to North Korea but was furious about Beijing's alleged involvement in oil smuggling, saying last week th...

by · Business
Syrian government accused of poison gas attack in Damascus suburb

Syrian government accused of poison gas attack in Damascus suburb

Though Russian President Vladimir Putin awarded Tillerson an Order of Friendship medal for his work on an oil deal when he headed ExxonMobil, Tillerson has frequently berated Moscow for its support of...

by · Business
A person was able to 'shoplift' from Amazon's new convenience store

A person was able to 'shoplift' from Amazon's new convenience store

Shoppers can then leave the store without scanning goods at a checkout, and payment is automatically completed through their Amazon account. Amazon Go , is the company's latest project aimed at r...

by · Business
Skier missing and six wounded after volcano erupts at Japanese resort

Skier missing and six wounded after volcano erupts at Japanese resort

They say the people are being treated at a rest house. Kusatsu town officials said the impact of volcanic eruption was apparently limited to the ski resort, with no ash or volcanic rocks detected ...

by · Business
Prosecutor Releases New Details In Case Involving 'Shackled' Siblings

Prosecutor Releases New Details In Case Involving 'Shackled' Siblings

California only requires a private school affidavit to establish a "private school", as David Allen Turpin had done for years. "So, I think she might be someone who can help". The parents would tor...

by · Business
Tesla proposes big payout if Musk meets lofty goals

Tesla proposes big payout if Musk meets lofty goals

Per the New York Times , Musk's compensation will start at zero, and will increase based on incremental targets beginning at a $100 billion market value threshold, with boosts coming at every $50 bil...

by · Business
Intel says Spectre, Meltdown fix faulty, advises users against installing

Intel says Spectre, Meltdown fix faulty, advises users against installing

It seems that Intel has finally isolated the problem and is now working on an update . Let us know what you think about these Intel Spectre patches that are causing issues and whether or no...

by · Business
Pompeo: CIA focused on blocking shipments to North Korea

Pompeo: CIA focused on blocking shipments to North Korea

The US believes North Korean leader Kim Jong-un is not getting good information to handle the crisis over Pyongyang's nuclear missile programme and the that country is moving "ever closer" to putting ...

by · Business
NY hits big pharma with $500mn lawsuit in opioid crisis

NY hits big pharma with $500mn lawsuit in opioid crisis

A sign for Naloxone hangs on a wall as students learn to put together a Naloxone spray gun during a class on opioid overdose prevention held by non-profit Positive Health Project on August 9, 2017 in ...

by · Business
Niels Hoegel: German nurse who enjoyed 'resuscitating patients' charged with 97 murders

Niels Hoegel: German nurse who enjoyed 'resuscitating patients' charged with 97 murders

Niels Hoegel , 41, killed several patients between 1999 and 2005 at two medical facilities, Oldenburg and Delmenhorst , in northwestern Germany , primarily to dispel his boredom with life. However, ...

by · Business
Senate Confirms Powell as Next Fed Chairman

Senate Confirms Powell as Next Fed Chairman

Sherrod Brown, the top Democrat on the Senate Banking Committee, praised Powell's tenure on the Fed board. "I'm deeply concerned that as soon as Governor Powell unpacks his boxes in the Chairman's o...

by · Business
Tesla Car On Autopilot Smashes Into Parked Fire Truck

Tesla Car On Autopilot Smashes Into Parked Fire Truck

The NHTSA ultimately decided Autopilot was not to blame for the crash, but the incident did serve as an unfortunate reminder that Teslas aren't truly autonomous. Over-reliance on autopilot might hav...

by · Business
Sensex crosses 36000 mark, Nifty opens at record 11000

Sensex crosses 36000 mark, Nifty opens at record 11000

It was quoting at 63.77 per dollar at 1015 hrs. The broader Nifty was up 0.88 percent at 11,062.90 as of 0641 GMT, after rising as much as 1.1 percent to a record of 11,087.70 points. Accordingly, t...

by · Business
TSA orders Middle East countries to inspect air cargo

TSA orders Middle East countries to inspect air cargo

The countries falling under this order are the UAE, Egypt, Jordan, Saudi Arabia and Qatar. "This is all intel driven". Airlines that TSA said are affected by the order are EgyptAir, operating out ...

by · Business
Saudi minister calls for extended co-operation

Saudi minister calls for extended co-operation

Saudi Arabia said on Sunday the Organization of the Petroleum Exporting Countries and its allies had agreed to continue cooperating on production after their deal on supply cuts expires at the end of...

by · Business
Development Index: India Ranks Below Pak

Development Index: India Ranks Below Pak

Meanwhile, a survey released by the worldwide rights group Oxfam said the richest 1 per cent in India cornered 73 per cent of the wealth generated in the country a year ago. Norway is the best perfo...

by · Business
United States shutdown enters Day 3 as Senate split persists

United States shutdown enters Day 3 as Senate split persists

Democrats hoped to broker a deal to extend protection to " dreamers ", a group of undocumented immigrants who arrived as children. Earlier, in a Senate speech, he called the partial government cl...

by · Business
How Does Wynn Resorts, Limited (WYNN) Stack Up Right Now?

How Does Wynn Resorts, Limited (WYNN) Stack Up Right Now?

Investors of record on Thursday, February 15th will be given a dividend of 0.50 per share by the casino operator on Tuesday, February 27th. Deutsche National Bank & Trust Ag has invested 0.03% in Wyn...

by · Business
Syrian Kurd and pro-Turkey fighters killed in Arin

Syrian Kurd and pro-Turkey fighters killed in Arin

Aware that his opposition to the US -backed Kurdish force pits him against his largest NATO ally, Erdogan told members of parliament from his Justice and Development Party, "Hey, NATO!" Preven...

by · Business
Halliburton Earnings, Revenue Growth Beat Views As Stock Nears Buy Point

Halliburton Earnings, Revenue Growth Beat Views As Stock Nears Buy Point

The company attributed the growth primarily to increased utilization and pricing throughout the United States land sector in the majority of the company's product service lines, primarily pressure pum...

by · Business
Trump slaps tariffs on foreign solar cells and washing machines

Trump slaps tariffs on foreign solar cells and washing machines

President Trump has approved recommendations to impose safeguard tariffs on imported residential washing machines and on solar panels, U.S. Trade Representative Robert Lighthizer said Monday. In Octo...

by · Business
Celgene Continues Active January With $9B Juno Acquisition

Celgene Continues Active January With $9B Juno Acquisition

The firm owned $26.33 million shares of the company's stock after selling 5.63 million shares during the period. Estimates have been stable lately ahead of the company's Q4 earnings release. In the tr...

by · Business
What to Expect From Netflix Earnings

What to Expect From Netflix Earnings

The positive news sent the company's stock up 9 per cent in after hours trading, taking Netflix's market cap beyond $100 billion United States dollars. shares while 42 reduced holdings. 62 funds ope...

by · Business
Ocado shares jump amid tie-up announcement with Canada's Sobeys

Ocado shares jump amid tie-up announcement with Canada's Sobeys

Sobeys and Ocado will develop their first Customer Fulfilment Centre (CFC) in the Greater Toronto Area. Commenting on the partnership Michael Medline, President and CEO of Sobeys said :"This unique...

by · Business
Bullock becomes first governor to protect Net Neutrality

Bullock becomes first governor to protect Net Neutrality

The FCC's wildly unpopular decision to kill net neutrality has sent legislators, companies and individuals scrambling for ways to keep the Obama-era regulations in place. "If you want to do business...

by · Business
Shares fall as Sanofi announces $11.6bn deal to acquire Bioverativ

Shares fall as Sanofi announces $11.6bn deal to acquire Bioverativ

It's the biggest deal for Sanofi in seven years, and it comes amid a rush of biotech deals unfolding in the beginning of 2018. Sanofi traded about 4% lower to $42.72 a share. The addition of ...

by · Business
Apple Will Kill iPhone X By Summer 2018, Predicts Analyst

Apple Will Kill iPhone X By Summer 2018, Predicts Analyst

The firm's quarterly revenue was up 12.2% compared to the same quarter last year. analysts predict that Apple will post 11.15 EPS for the current fiscal year. A 5.8-inch follow-up to the iPhone X ,...

by · Business