Banners outside a Catholic church in New York’s Queens borough express support for “Dreamer” immigrants in New York, U.S. January 20, 2019. REUTERS/Nick Zieminski January 29, 2019 By Amanda Becker and Richard Cowan WASHINGTON (Reuters) – Citizenship for “Dreamer” immigrants will not be on the table as lawmakers try to […]
FAN Editor
Stocks making the biggest moves after hours: Apple, Amgen, AMD and more
Check out the companies making headlines after the bell: Apple shares jumped more than 6 percent after the bell following an earnings beat on Tuesday. The company earned $84.31 billion in revenue, which beat estimates of $83.97 billion. Earnings per share were $4.18, compared to the $4.17 expected on the […]
Mother of American held in Iran worried about his health
Phoenix —The mother of a U.S. Navy veteran detained in Iran is calling for his immediate release. Michael White, 46, has been in an Iranian prison for more than six months. Joanne White said she prays every day that her son Michael will be freed from prison in Iran before it’s […]
Apple CEO Tim Cook on US-China trade negotiations: ‘There is a bit more optimism in the air’
Apple CEO Tim Cook said trade tensions between the U.S. and China have improved since late December, giving the tech giant “some optimism.” “Of course you don’t know what will continue, but I would also point out that seems to map to trade tension as well, that there is a […]
Facebook hires one of its biggest privacy critics to oversee WhatsApp privacy
Facebook has hired Nate Cardozo, formerly the top legal counsel at privacy watchdog Electronic Frontier Foundation and a prominent Facebook critic, to a privacy role at WhatsApp. The move comes as the social media giant seeks to integrate the WhatsApp messenger product with its Instagram and Facebook properties. Adding Cardozo […]
Apple rises on earnings, revenue beat despite iPhone, China concerns
Apple shares rose slightly in after-hours trading on Tuesday after the embattled iPhone maker matched expectations for first-quarter earnings and revenue, but fell short on iPhone sales. Continue Reading Below The Cupertino, California-based company reported earnings per share of $4.18, roughly in line with the $4.17 expected by analysts polled […]
Stacey Abrams to deliver Democratic response to Trump’s State of the Union
Stacey Abrams, the former Georgia House Speaker who rose to national prominence in a losing bid to become the nation’s first African-American female governor, will deliver the Democratic response to President Donald Trump’s State of the Union. Senate Minority Leader Chuck Schumer, D-N.Y., told reporters on Capitol Hill that he […]
Apple booked $13 billion in revenue from China last quarter, down 27% from a year ago
Apple’s revenue in China came in at $13.17 billion during the December quarter, a drop of nearly $5 billion from a year ago, when Apple reported $17.96 billion in China revenue. Apple’s revenue is typically highest during this quarter, the first of its fiscal year. Apple saw a similar slowdown […]
Apple now has $245 billion cash on hand, up 3% from previous quarter
Apple now has $245 billion cash on hand, according to its first-quarter 2019 earnings report. That’s 3 percent more than it had on hand in the previous quarter, when it reported $237.1 billion in cash. Apple said a year ago it would be contributing $350 billion to the U.S. over […]
Apple reports 62.8 percent margin in services business as it discloses unit’s profit for first time
In its quarterly earnings report on Tuesday, Apple gave investors their first glimpse into the profitability of the company’s services business, which includes products like iTunes and the App Store. Apple said that in the first quarter of its 2019 fiscal year, the services unit had a 62.8 percent gross […]