Top

Category: Industries


Industries, Retail & Wholesale

How potentially dangerous fake Apple products reach the US consumer market

September 20, 2018

Via: USA TODAY

A three-story brick building in a low-crime Brooklyn neighborhood in New York City was the first U.S. stop on an international route used to ship thousands of potentially dangerous counterfeit Apple electronics to America’s consumer market. The knockoff power adapters […]


Financial Services, Industries

Banking: Wells Fargo, Chime, Empower banks fight for millennial accounts

September 20, 2018

Via: USA TODAY

Are you between 21 and 37? Please bank with us. That’s the message millennials are hearing as the battle between the big banks and fintech companies for their hearts and deposits heats up. The newest entrant in the fray – […]


Industries, Others

Why Airlines Like Jet Blue, United, and Delta Are Suddenly Hiking Their Baggage Fees

September 20, 2018

Via: Fortune

You should pad your budget for your next vacation: Your air travel is likely to be a bit more expensive. Delta (DAL, +0.12%) said yesterday it has raised its baggage fees on domestic flights from $25 to $30 for the […]


Energy, Industries

Trump Hit Iran with Oil Sanctions. So Far, They’re Working.

September 19, 2018

Via: The New York Times

HOUSTON — When President Trump announced in May that he was going to withdraw the United States from the nuclear agreement that the Obama administration and five other countries negotiated with Iran in 2015 and reimpose sanctions on the country, […]


Industries, Manufacturing

Tesla confirms federal probe over Musk tweets, sending shares lower

September 19, 2018

Via: ABC News

Tesla shares tumbled on Tuesday amid reports of a potential criminal probe over its chief executive officer’s statements about taking the company private. The electric carmaker said it agreed to hand over documents to the Department of Justice in connection […]


Financial Services, Industries, News

Visa and Mastercard Will Pay $6 Billion to End a Massive Price-Fixing Lawsuit

September 18, 2018

Via: Fortune

Visa and Mastercard agreed to pay as much as $6.2 billion to end a long-running price-fixing case brought by merchants over card fees, the largest-ever class action settlement of an antitrust case. The two card companies will pay between $5.54 […]


Industries, Manufacturing

Saudi Arabia shuns Tesla, invests $1 billion in rival Lucid Motors (TSLA)

September 17, 2018

Via: Business Insider

Tesla slid as much as 2% Monday after Saudi Arabia’s public-investment firm announced a $1 billion investment in rival Lucid Motors. The kingdom’s Public Investment Fund had previously been in talks with Tesla around the time of its exploration of […]


Industries, Others

These 4 major health-care stock spinoffs could make you money

September 14, 2018

Via: Market Watch

Four large companies are preparing to spin off health-care units over the next year or so. That could be good news for investors: stocks of newly independent health-care companies tend to outperform the overall market, according to Mike Bailey, director […]


Industries, Manufacturing

Shares in China’s Tesla rival Nio soar more than 75% in a day

September 14, 2018

Via: CNN

Shares in the Shanghai-based rival to Tesla (TSLA) jumped a staggering 76% in New York on Thursday. At one point in the day, the stock was up 92%. The spectacular leap is remarkable after Nio (NIO) had to scale back […]


Energy, Industries

OPEC sees oil output boost ahead of Iran sanctions

September 12, 2018

Via: Market Watch

LONDON — OPEC’s total oil production climbed last month, in a sign the oil-cartel is sticking with a decision to begin pumping out more barrels of crude this summer after more than a year of holding back output. Crude oil […]