Apple Stock Price Falls As Analysts Warn iPhone X Sales Are Dropping. Analysts lowered iPhone X shipment projections for the first quarter of next year, citing signs of lacklustre demand at the end of the holiday shopping season, and the company’s shares fell Tuesday along with those of some suppliers. Sinolink...
Canada’s 100 highest-paid chief executive officers earned 209-times more than the average worker in 2016, according to a new report by the Canadian Centre for Policy Alternatives. The study shows CEOs make an average of $10.4 million a year. This is 209 times the average income of $49,738. On an hourly...
Sweatcoin, a free smartphone app that pays people to be physically active, said on Wednesday it has secured its first round of institutional funding after topping download charts in Britain and the United States. Sweatcoin lets users earn “sweatcoins” for working out, and the app is taking off fast. The...
Mark Zuckerberg loses $3 billion as world's richest get pummelled by market swoon. It’s been an expensive week for the world’s richest people. Mark Zuckerberg is nursing the biggest fall after losing $3.2 billion as large cap stocks disappointed for a fourth straight day. Losses for the Facebook Inc. chief...
Mastercard is changing its logo. The interlocking red and yellow circles are here to stay, but Mastercard’s rebrand is missing something big: its name. Raja Rajamannar, the company’s chief marketing and communications officer, told the Wall Street Journal that Mastercard conducted nearly two years of research to make sure people...
TORONTO (Reuters) - Canada’s benchmark stock index slipped on Friday but notched its sharpest weekly gain in almost three months, as big banks and some miners pulled back. - The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended down 17.36 points, or 0.11 percent, at 16,165.27. -...
PARIS (Reuters) - Boeing Co (BA.N) is eyeing a broad partnership with Embraer (EMBR3.SA) reaching beyond commercial aircraft to defense and global services, but its shape hinges on talks with the Brazilian government.     The U.S. aerospace group has yet to make a formal offer and its final...
(Reuters) - A U.S. judge on Friday overturned a $150 million verdict against AbbVie Inc that was the first to result from lawsuits claiming that the company fraudulently misrepresented the risks of its testosterone replacement drug AndroGel. U.S. District Judge Matthew Kennelly in Chicago ruled that...
(Reuters) - Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations while selling mortgage-backed securities to two large California pension funds, the state’s attorney general has announced. The settlement announced on Friday by California Attorney General Xavier Becerra was the...
On Thursday, relatively new legal marijuana player Green Growth Brands (OTCQB:GGBXF) offered to swap GGBXF shares for all outstanding shares of Aphria (NYSE:APHA), suggesting the offer was worth $11.00 (Canadian, or roughly $8 in U.S. dollars) per share of Aphria stock. All told, the suitor says the proposed deal...