Cloud, PC Trends Positive — Microsoft Earnings Preview

Microsoft today released its earnings report for FY18 Q4 , showing revenues of $30.1 billion and $8.9 billion in net income. Looking ahead, Microsoft plans to continue growth in the gaming sector by emphasizing user engagement, and noted that the ... More..

by | Published 29 days ago
by | Saturday, July 21, 2018

Trump in unusual criticism of United States central bank

U.S. President Donald Trump said in an interview released on Friday he is willing to hit all Chinese goods imported to the U.S. with tariffs if necessary. The Reserve has hiked interest rates five time...More..

Oil Rises as Saudi Forecast a Decline in Export in August
by | Saturday, July 21, 2018

Oil Rises as Saudi Forecast a Decline in Export in August

If you want 11 million reasons to be optimistic about America, you might want to start with counting barrels of crude oil . Adding to this, a broad-based US Dollar sell-off, triggered by the US President D...More..

European Union hits Google with record 4.3 billion euro fine over Android
by | Thursday, July 19, 2018

European Union hits Google with record 4.3 billion euro fine over Android

The €4.34 billion penalty was issued this morning after the agency found that Google breached antitrust law to ensure its Android mobile OS had significant reach in the European Union. Google issued a stat...More..

Elon Musk Sends SpaceX Engineers to Save Trapped Thai Soccer Team
by | Tuesday, July 10, 2018

Elon Musk Sends SpaceX Engineers to Save Trapped Thai Soccer Team

The team was found by a pair of British volunteer divers, 10 days after they entered the cave. Earlier this week, Musk offered engineers from two of his other companies - SpaceX and The Boring Company - ...More..

Amazon Prime Day now six hours longer
by | Wednesday, July 04, 2018

Amazon Prime Day now six hours longer

This year's Amazon Prime Day kicks off July 16 at 12PM PT (3PM ET) and will last through 12AM PT on July 17 (3AM ET on July 18). Customers can also sign up for a free 30-day trial. We already have a bunch o...More..

Chris Bosh could join LeBron James with Lakers
by | Tuesday, July 03, 2018

Chris Bosh could join LeBron James with Lakers

The Lakers had a large amount of cap space to work with. In fact, James might not even speak with top team officials before making a decision on his destination for next season. NBA legend Magic Johnson visi...More..

Tesla Q2 2018 Vehicle Production and Deliveries Nasdaq:TSLA
by | Tuesday, July 03, 2018

Tesla Q2 2018 Vehicle Production and Deliveries Nasdaq:TSLA

CEO Elon Musk sent an e-mail to company employees Sunday praising them for producing 5,000 Model 3s, a compact vehicle that's created to shift Tesla from a niche manufacturer to a mainstream automaker. Tes...More..

EU threatens tariffs on $300B of goods if Trump escalates trade war
by | Tuesday, July 03, 2018

EU threatens tariffs on $300B of goods if Trump escalates trade war

Trump said Sunday that the European Union was possibly just as bad as China, just smaller" when it came to how the bloc trades with the U.S. "Take a look at the vehicle situation: "They send a Mercedes in, we c...More..

Swiss Bank deposits information will be available as of 2018: Piyush Goyal
by | Sunday, July 01, 2018

Swiss Bank deposits information will be available as of 2018: Piyush Goyal

The Union minister also underlined that Swiss Banks are "no longer an ideal destination for tax evaders" because the Alpine nation has taken significant efforts to get out of the image of being a tax haven....More..

As Toys ‘R’ Us Closes For Good, Workers Campaign For Severance
by | Saturday, June 30, 2018

As Toys ‘R’ Us Closes For Good, Workers Campaign For Severance

Toys "R" Us is unfortunately officially closed, but before he retires Geoffrey might have a chance to step into a WWE ring thanks to Triple H . The toy giant filed for bankruptcy in September 2017 and an...More..

OPEC Agrees to Pump 1 Million Barrels a Day
by | Thursday, June 28, 2018

OPEC Agrees to Pump 1 Million Barrels a Day

Stating that current high oil prices dent the economic development of many countries, he had stated that already fragile world economic growth will be at threat if oil prices persist at these levels. "Without t...More..

Harley-Davidson, Blaming Tariffs, Will Shift Some Manufacturing Overseas
by | Tuesday, June 26, 2018

Harley-Davidson, Blaming Tariffs, Will Shift Some Manufacturing Overseas

The company reports it sold about 40,000 motorcycles in the European Union market in 2017, and that "Europe is a critical market for Harley-Davidson". United Steelworkers, a labor union representing some of the...More..

SCOTUS rules states can collect taxes from online shopping transactions
by | Sunday, June 24, 2018

SCOTUS rules states can collect taxes from online shopping transactions

By early 2017, Amazon was collecting sales taxes in all states that have sales taxes, but it was doing so only for merchandise it sells directly, not for merchandise other retailers sell on its platform. Some...More..

Local, state officials applaud U.S
by | Sunday, June 24, 2018

Local, state officials applaud U.S

The Retail Industry Leaders Association, another trade group, said the ruling allows retailers to compete "without government's thumb on the scale" and called it "a win for all those who believe in free mar...More..

OPEC, non-cartel agree to share increased oil production
by | Sunday, June 24, 2018

OPEC, non-cartel agree to share increased oil production

The US legislative threat, as damaging as it might be more broadly if it ever became law, is nevertheless likely to hang over the next round of OPEC deliberations in September, especially if prices are again su...More..

Take that, America. Europe's tariffs take effect
by | Friday, June 22, 2018

Take that, America. Europe's tariffs take effect

The European Commission in Brussels gave final approval for a 25 per cent duty on 2.8 billion euros (US$3.2 billion) of EU imports of a range of USA products including Harley-Davidson Inc. He argues the glut ...More..

OPEC meeting set to determine direction of VLCC market
by | Friday, June 22, 2018

OPEC meeting set to determine direction of VLCC market

Within the group, Venezuela's oil output has collapsed to the lowest since the 1950s due to industry mismanagement, and Iran's petroleum exports are subject to renewed US sanctions. Supply disruptions in Venezu...More..

Oil steadies but specter of higher supply curbs gains
by | Sunday, June 17, 2018

Oil steadies but specter of higher supply curbs gains

While economic growth is projected to be strong in the US, Europe and Japan, there is a chance of a slowdown in China and India, OPEC said . U.S. and European oil futures contracts. "There is going to be...More..

Italian Bonds Lead Euro-Area Rally as ECB Hike Bets Pushed Back
by | Sunday, June 17, 2018

Italian Bonds Lead Euro-Area Rally as ECB Hike Bets Pushed Back

Chinese stocks led the losses, with the benchmark Shanghai Composite index plumbing a 20-month low, as investors anxious about the economic damage from the trade tensions with the United State. is battling ...More..