Two U.S. senators on Tuesday reached a bipartisan agreement to shore up Obamacare for two years by reviving federal subsidies for health insurers that President Donald Trump planned to scrap, and the president indicated his support for the plan. Continue Reading Below The deal worked out by Republican Senator Lamar […]
FOX Business News
JPMorgan to buy online payment provider WePay
PMorgan Chase said on Tuesday it would acquire online payment provider WePay as the bank looks to integrate payments into software used by small businesses. Continue Reading Below WePay’s technology, popular among small businesses, helps online software service providers like FreshBooks and crowdfunding websites such as GoFundMe process payments without […]
Oil prices rise on tighter US market, Middle East tensions
Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies. Continue Reading Below Brent crude futures, the international benchmark for oil prices, were at $58.27 at 0314 GMT, up 39 cents, or 0.7 percent from their […]
Amazon’s Latest Tax Penalty Should Be a Red Flag for Tech Companies
The European Commission recently fined Amazon (NASDAQ: AMZN) 250 million euros ($294 million) to cover unpaid back taxes plus interest. The EU alleges that Luxembourg’s government illegally allowed Amazon to set up subsidiaries that were designed to minimize its taxes. Continue Reading Below Most of Amazon’s European profits are sent to […]
Delta passenger says airline stopped her from singing national anthem to honor fallen soldier
A doctor from the state of Georgia was stopped from honoring a slain Army soldier whose casket was aboard a Delta flight heading towards Hartsfield-Jackson International Airport. Continue Reading Below Dr. Pamela Gaudry says a Delta Airlines flight attendant prevented her from singing the national anthem to honor 29-year-old Army […]
Xi says China’s prospects are bright but challenges severe
BEIJING – Chinese President Xi Jinping trumpeted his nation’s prospects as bright but made a rare acknowledgement of severe economic challenges as he opened the Communist Party’s twice-a-decade national congress on Wednesday. Continue Reading Below Other Chinese leaders have regularly warned since the 2008 financial crisis that China’s economic growth […]
Apple Inc.’s iPhone 7 Reportedly Outselling iPhone 8 in the U.S.
Per a new research note from KeyBanc analyst John Vinh (via Reuters), Apple‘s (NASDAQ: AAPL) older iPhone 7-series smartphones are outselling the newly announced iPhone 8-series smartphones — at least in the United States. Continue Reading Below “Many respondents indicated that a meaningful portion of customers are buying iPhone 7 […]
Keysight Technologies offers $10K to employees affected by California wildfires
Keysight Technologies Inc. (KEYS), a maker of electronic measurement instruments, is helping employees who were affected by the California wildfires that left dozens dead and thousands without homes in Northern California. Continue Reading Below The Santa Rosa-based tech company is providing $10,000 to each of the 112 employees who lost […]
Head of Amazon Studios resigns after harassment charge
NEW YORK – Amazon Studios says it has accepted the resignation of its top executive, Roy Price, following sexual harassment allegations made by a producer on the Amazon series “Man in the High Castle.” Continue Reading Below Price was put on leave last week and had not been expected to […]
Some Interesting Apple Inc. iPhone X News Emerges
In a fresh report, DIGITIMES says that manufacturing yield rates for some of the parts that make up Apple‘s (NASDAQ: AAPL) hot new Phone X “have improved and become more stable.” Continue Reading Below Manufacturing yield rates refer to the percentage of the components produced that are good enough to use in […]