Tuesday July 7-th, 2020

Apple says EU tax bill 'defies reality and common sense' Apple says EU tax bill 'defies reality and common sense'

Apple fiercely denies the tax invoice. The company also pointed out that all the intellectual activities and technological developments took place in the USA. US President Donald Trump has on several occasions accused Europeans of deliberately atta...

Introducing the Roku Ultra | Model 4670 Introducing the Roku Ultra | Model 4670

The new Roku express is even smaller. Roku is launching with a couple dozen zones, and has plans to add more over time, according to a spokesperson. Roku shares features of both models below. The Roku Ultra features HD, 4K & HDR picture qu...

Saudi oil firm Aramco could delay IPO after attacks Sources Saudi oil firm Aramco could delay IPO after attacks Sources

Moreover, the reports came after a drone attack on Saudi oil facilities on Saturday, claimed by Yemen's Houthi rebels. Due to this, there has been a continuous increase in oil prices in India for two days. The Aramco IPO is a pillar of an ambitious...

US Fed cuts key interest rate a quarter point, citing 'uncertainties' US Fed cuts key interest rate a quarter point, citing 'uncertainties'

Federal Reserve Chair Jerome Powell acknowledges that officials at the USA central bank are fractured about next steps on interest rates. Also, for business investments, rate cut is quite a good news for the US economy and also for the exports.

Tons of Gold Medal Flour Recalled Tons of Gold Medal Flour Recalled

The company says there have been no reported illnesses so far related to the recalled flour. The bags being recalled have a better-if-used-by date of September 6, 2020. Gold Medal recalled unbleached flour in January because testing detected the po...

Saudi diplomat says no response off table Saudi diplomat says no response off table

Iran denies involvement in the September 14 attack that initially halved Saudi oil output and which Pompeo earlier called an act of war against the world's largest oil exporter. Iran's Mr Zarif accused Mr Pompeo of trying to "dodge a USA obligation...

Rivian Electric Commercial Van Will Soon Deliver Your Amazon Packages Rivian Electric Commercial Van Will Soon Deliver Your Amazon Packages

Cutting emissions is a challenging goal for Amazon , which delivers 10 billion items a year and has a massive transportation footprint. In recent months, some Amazon workers have pushed the company to take action on climate change , in employee ...

US Fed set to cut interest rates this week US Fed set to cut interest rates this week

United States president Donald Trump has called for the Fed to cut rates from their current level of 2.25% all the way to 0%. The rate cuts were the first by the SBV since October 2017. The job market is essentially healthy, and wages are rising. A...

Aurora Shares Fall after Stifel slashes Price Target Aurora Shares Fall after Stifel slashes Price Target

What investors have to remember is that the stocks that promise the highest return potential may also be some of the riskiest to own. Buyers and sellers help determine the price of each stock, and the more buyers and sellers a particular stock has ...

Tesla Model S Already Topping Porsche Taycan At Nürburgring Tesla Model S Already Topping Porsche Taycan At Nürburgring

The saga of the Tesla Model S vs the Porsche Taycan appears to have had somewhat of a conclusion after a German vehicle reporter leaked a lap time for the Tesla Model S at Nürburgring . The tri-motor Plaid was rumoured to be in the works in Ju...

Apple is worth more than $1 trillion again Apple is worth more than $1 trillion again

At current levels, Apple has a valuation of about $1.02 trillion, putting it slightly under Microsoft Corp., the largest publicly traded USA stock, with a valuation of $1.05 trillion. It is the only way that Apple will be able to compete with str...

Chinese dairy giant Mengniu to buy Australian infant formula company: Bellamy's Chinese dairy giant Mengniu to buy Australian infant formula company: Bellamy's

The board of directors at the Australian group have given their support to the takeover, which still needs to receive approval from the company's shareholders and Australia's Foreign Investment Review Board. When the former family business from the i...

Canadian inflation slows to 1.9% on lower gas, vegetable prices Canadian inflation slows to 1.9% on lower gas, vegetable prices

The steady price picture, on its own, is not applying pressure on the inflation-targeting Bank of Canada to adjust interest rates. The CPI including owner-occupiers' housing costs (CPIH) - the ONS's preferred measure of inflation - was 1.7 per cent...

WeWork IPO Update Sees CEO’s Power Slashed, Valuation Dropped WeWork IPO Update Sees CEO’s Power Slashed, Valuation Dropped

With Japanese conglomerate's original $US100 billion fund struggling with two of its highest profile investments, two of its biggest investors - Saudi Arabia's Public Investment Fund and Abu Dhabi's Mubadala Investment - are re-evaluating how much...

Elon Musk claims 'pedo' term used against diver not an insult Elon Musk claims 'pedo' term used against diver not an insult

A few days after the boys were rescued, he told CNN in an interview that Musk's escape pod "had absolutely no chance of working" and said Musk can "can stick his submarine where it hurts". Earlier this year Mr Musk agreed to seek his lawyers' appr...

Despite a hot year for IPOs, WeWork's stock sale is delayed Despite a hot year for IPOs, WeWork's stock sale is delayed

Wall Street had expected WeWork parent The We Company to begin a road show to market its public shares as early as next week. "We want to thank all of our employees, members and partners for their ongoing commitment". It had been pushing the comp...

Smile Cookies are back Smile Cookies are back

With blue eyes and a pink smile, the sweet treat instantly brings a smile to everyone's face. Besides committing to this program, restaurants have also promised to donate a dollar to local charities for every cookie purchase in Waterloo Region.

Duke Energy Makes DJSI List for 14th Straight Year Duke Energy Makes DJSI List for 14th Straight Year

This year, the firm achieved an industry best-in-class 100th percentile ranking for total sustainability score, receiving the same ranking for codes of business conduct, health & nutrition, supply chain management, environmental reporting, and human ...

Bill Gates says Big Tech companies shouldn’t be broken up Bill Gates says Big Tech companies shouldn’t be broken up

The White House said Trump would travel the same day to OH to showcase an Australian-owned factory alongside Prime Minister Scott Morrison, who will be on a state visit. "These are two leaders who are used to thinking outside of the box", he said...

Fed meeting amongst market movers today - Danske Bank Fed meeting amongst market movers today - Danske Bank

Businesses and investors will breathe a sigh of relief this week if the Federal Reserve takes steps to insulate the economy from growing risks . Traders have priced in four rate cuts this year with the next two coming in October or December.

Oracle, VMware agree to deal on cloud technology, technical support Oracle, VMware agree to deal on cloud technology, technical support

Customers should be able to migrate VMware vSphere workloads to Oracle's Generation 2 Cloud Infrastructure. "This provides a strong alternative for our federal government clients to leverage, especially those seeking to move large and complex Oracle-...

Saudi oil attacks: U.S. intelligence 'shows Iran involved' Saudi oil attacks: U.S. intelligence 'shows Iran involved'

Britain today said an attack on Saudi Arabia's oil facilities was serious and outrageous but that the full facts were needed on who was responsible before making a response. At least 11 supertankers were waiting to load oil cargoes from Saudi por...

World's Top Five Fastest Growing Airports World's Top Five Fastest Growing Airports

Also, Minister of Trade, Tourism and Transportation Mirsad Gluhic and Minister of Healthcare Bahrudin Hadziefendic visited the International Airport of Tuzla where they talked with the director Rifet Karasalihovic about everything that has been rea...

Gold rallies on concern Saudi attack may presage wider Mideast conflict Gold rallies on concern Saudi attack may presage wider Mideast conflict

Saudi Arabian authorities said initial investigations showed that the weapons used against the key oil facilities were Iranian-made, stopping short of directly putting the blame on the Islamic Republic for the attacks. Immediately after weekend str...

Man who survived cancer twice wins $4.6M lottery jackpot Man who survived cancer twice wins $4.6M lottery jackpot

However, on his latest trip, even though his wife forgot to tell him to get the winning ticket, he ended up getting it anyway. He bought the quick pick ticket at Ashley's Café in Bend on September 7, per the Oregon Lottery . "I have survived cance...

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