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Category: Others


Finance Tech, Industries, Mobile Banking & Payments, Others

Apple and Amazon beat expectations but still see profits slip as inflation bites

July 29, 2022

Via: Sky News

Tech giants Apple and Amazon saw dips in profits but still defied expectations as the US economy teeters on the edge of a recession. The results came after the iPhone maker warned that its revenue would be depressed amid supply […]


Industries, Others

Chipotle is raising prices again and customers could be asked to pay up to a dollar more per burrito in some locations

July 27, 2022

Via: Markets Insider

Chipotle just announced plans to raise prices again in August. The fast-casual chain said in a second-quarter earnings call that the next price increase would be “in the mid to high-single digits” in terms of percentage. That means in New […]


Industries, Others

Heathrow and easyJet reveal huge financial hits after flight chaos

July 26, 2022

Via: Sky News

The low-cost carrier said cancellations and delays caused by staff shortages at airports and in the air had cost it £133m over its latest quarter to the end of June. EasyJet said its operations had now “normalised” after frantic cuts […]


Industries, Others

Housing market chills as mortgage rates, prices scare buyers

July 21, 2022

Via: ABC News

Kyle Tomcak was looking for a home for his in-laws in the suburbs around Denver, something priced close to $450,000. Tomcak became dispirited as he lost out to investors fronting cash offers $100,000 over the asking price. Then mortgage rates […]


Energy, Finance Tech, Industries, Others, Trading

US, Japan vow joint efforts on Ukraine, trade, food crisis

July 12, 2022

Via: ABC News

U.S. Treasury Secretary Janet Yellen and Japan’s finance minister agreed Tuesday to cooperate in dealing with challenges from the war in Ukraine and promoting free trade, sustainable energy and food security. Yellen was visiting Tokyo on Tuesday for talks ahead […]


Industries, Others

‘Surprising amount of momentum’ for housing market as prices hit new record

June 30, 2022

Via: Sky News

A closely-watched measure of the UK housing market has reported a “surprising amount of momentum” despite the mounting cost of living crisis, with prices hitting a new record. The Nationwide study covering June showed the annual rate of house price […]


Industries, Others

No Government Money, No Problem for Moderna and Pfizer

June 27, 2022

Via: The Wall Street Journal

A Food and Drug Administration committee will meet Tuesday to discuss how to move forward with the next generation of vaccines ahead of a booster campaign this fall. Paying for them is another matter. Congress has so far failed to […]


Industries, Others

Wizz Air reports financial loss but says it is trying to minimise travel disruption

June 8, 2022

Via: Sky News

Airlines in the UK and across Europe have been struggling to keep up with demand as travel returns to normal for many holiday destinations for the first time since the beginning of the COVID-19 pandemic and prices have shown “low […]


Industries, Others

Russia’s war heats up cooking oil prices in global squeeze

April 26, 2022

Via: ABC News

For months, Istanbul restaurant Tarihi Balikca tried to absorb the surging cost of the sunflower oil its cooks use to fry fish, squid and mussels. But in early April, with oil prices nearly four times higher than they were in […]


Industries, Others

Will rising mortgage rates cool off a hot housing market?

April 21, 2022

Via: NBC News

Buying a first home just keeps getting harder. The median price for an existing single family home hit a record $375,300 in March — a 15 percent jump over March 2021 — as mortgage interest rates climbed and inventory remained […]


Industries, Others

As shares plunge, Netflix takes aim at password sharing

April 20, 2022

Via: ABC News

A sharp drop in subscribers sent Netflix shares into freefall Wednesday, forcing the company to consider experimenting with ads and — hold onto your remote — cracking down on millions of freeloaders who use passwords shared by friends or family. […]


Industries, Others

Homebuyers stymied by fewer homes, high prices, rising rates

April 13, 2022

Via: ABC News

Shortly after moving to South Florida for a new job with the U.S. military, Shannon Kaufman and his wife, Wendy, signed up for a whole other mission: buying a home. For months, they scoured listings, strategizing late into the night […]


Industries, Others

Sudden WordPress pricing change sparks confusion and outrage

April 5, 2022

Via: TechRadar

WordPress.com has introduced major price changes without warning, replacing all of its paid plans with a single ‘Pro’ plan. The Automattic-owned website builder has also reduced the storage on its free plan significantly, from 3GB to 500MB. In a WordPress […]


Industries, Others

Aircraft leasing funds aren’t ready for take-off

March 25, 2022

Via: MoneyWeek

Doric Nimrod Air One launched back in 2010. The idea behind the aircraft-leasing fund was to buy an Airbus A380 and lease it to Emirates for an initial term of 12 years. That lease and the resulting lease payments would […]


Industries, Others

US taste for imports drives 2021 trade gap to record $859B

February 9, 2022

Via: ABC News

The U.S. trade deficit soared to a record $859.1 billion last year as Americans splurged on foreign-made electronics, toys and clothing during the economy’s unexpectedly robust recovery from a short but nasty 2020 pandemic-fueled recession. The trade gap — the […]


Industries, Others

Netflix’s assures investors over bright future of the platform; what experts say

January 21, 2022

Via: Business Today

Even as Netflix Inc executives sought to reassure investors in a Thursday video interview that its long-term prospects for streaming media remain bright, with its popular series “Bridgerton” returning for a second season and a science-fiction film starring Ryan Reynolds […]


Industries, Others

New York Times buys sports site The Athletic for $550M

January 7, 2022

Via: ABC News

The New York Times Co. is buying sports news site The Athletic for $550 million, the latest move in its strategy to expand its audience of paying subscribers as the newspaper print ads business fades. The Times, unlike many local […]


Industries, Others

US home prices surge 18.4% in October

December 28, 2021

Via: ABC News

U.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession. The S&P CoreLogic Case-Shiller 20-city home price index, out Tuesday, climbed 18.4% in October from a year earlier. […]


Industries, Others

What Wall Street expects from Cal-Maine Foods’s earnings

December 27, 2021

Via: Markets Insider

On December 28, Cal-Maine Foods presents Q2 figures. 4 analysts estimate earnings of $0.285 per share as opposed to earnings of $0.250 per share in the same quarter of the previous year. Wall Street expects sales to increase by 11.64% […]


Industries, Others

Existing home sales, median price edged up in November

December 22, 2021

Via: ABC News

Sales of previously occupied U.S. homes rose for the third straight month in November, driven by strong demand, low mortgage rates and intense competition for a relatively low number of properties on the market. Existing homes sales rose 1.9% last […]