Business

Apple to invest $350 b in USA in 5 yrs

Apple to invest $350 b in USA in 5 yrs

President Donald Trump has previously been critical of Apple, but he welcomed the company's announcement in a tweet on Wednesday . While the Apple chief has spread his political donations across both major United States parties, according to Federal Election Commission, he held a fund-raiser in 2016 for Hilary Clinton and a year ago pledged US$2 million to anti-hate groups after a deadly rally by white supremacists in Charlottesville, Virginia.


Dustin Johnson sees no reason to roll back the golf ball

Dustin Johnson sees no reason to roll back the golf ball

Defending champion Tommy Fleetwood and Japan's Hideto Tanihara took the first round lead at the Abu Dhabi HSBC Championship on Thursday, while Rory McIlroy returned to competitive golf for the first time since October. "It's a good golf course to hit 18 greens around", Fleetwood said. "Felt like I did what you need to do well around this golf course, which is drive it well, hit your irons, but you can't really be too greedy all the time".


CFPB Chief Declines Federal Reserve Funding for Quarter

CFPB Chief Declines Federal Reserve Funding for Quarter

While Mulvaney said the CFPB's expects to spend $145 million in the next quarter, he intends to fund it through the bureau's $177 million emergency reserve account with the Fed's NY branch. Mulvaney added that he will "spend down the reserve until it is of a much smaller size, while still allowing the bureau to successfully perform its functions, before making an additional financial request of the board".


Investment in Schlumberger Limited (SLB) could prove to be a Good?

Investment in Schlumberger Limited (SLB) could prove to be a Good?

The company has a market cap of $106,960.00, a P/E ratio of 197.97, a P/E/G ratio of 1.59 and a beta of 1.01. The stock increased 1.40% or $1.05 during the last trading session, reaching $76.08. The firm earned "Outperform" rating on Wednesday, November 2 by RBC Capital Markets. The rating was maintained by BMO Capital Markets on Tuesday, September 5 with "Buy".


International Business Machines Corp. Reports 1% Advance In Q4 Bottom Line

International Business Machines Corp. Reports 1% Advance In Q4 Bottom Line

Neumann Capital Management Llc who had been investing in International Business Machs for a number of months, seems to be less bullish one the $155.12B market cap company. Cantor Fitzgerald restated a "hold" rating and set a $154.00 price target on shares of International Business Machines in a research note on Friday, October 13th.


Bitcoin dives below $10000 with a 50% decrease in value

Bitcoin dives below $10000 with a 50% decrease in value

The value of all the top 10 digital currencies including bitcoin saw a dip in the morning. South Korean regulators are said to be considering a ban on cryptocurrency exchanges, while China is reportedly considering shuttering apps with exchange-like services after banning exchanges outright in 2017.