Leading the Apple (NASDAQ:AAPL) rumor mill today is news of all of AAPL's product plans for 2018. 2018 Plans: A recent rumor claims to know all of Apple's product plans for 2018, reports BGR. AirPods Case: An unlikely rumor claims that Apple will introduce a new feature to the AirPods' charging case in its next generation, 9to5Mac notes.
Today we're going to take a look at the well-established American Airlines Group Inc (NASDAQ:AAL). The company's stock saw significant share price volatility over the past couple of months onRead More...
Ryan McQueeney checks in with General Electric (GE) after shares surged in morning trading on the back of the company's new turnaround plan. Ryan reviews the plan and digs into GE's latest earnings outlook and share price performance. Later, he is joined by Dave Bartosiak to discuss the U.S. housing market.
Bank of America Corp. was accused in a lawsuit of providing more than 100 accounts used to perpetrate what the U.S. regulators called a $102 million Ponzi scheme. The brother and sister who sued to recover losses from their late father's investment claim the fraudsters “could not have perpetuated their scheme without the knowing assistance of their primary banking institution, Bank of America, which lent the scheme an air of legitimacy and provided critical support, including at times when the scheme would have otherwise collapsed," according to the complaint. Bank of America spokesman Bill Halldin had no immediate comment on the suit.
President Donald Trump has warned he will tax Harley-Davidson "like never before" if it goes ahead with plans to move production outside the US, saying the company's motorcycles "should never be built in another country". Harley-Davidson had on Monday announced it would be moving its production of motorcycles for EU destinations from the US to its international plants, which are located in Thailand, Brazil, India and Australia, citing the escalating trade war between the US and EU. Last week, EU tariffs were imposed on $3.3bn (£2.5bn) in US imports, including motorcycles, in response to US duties on steel and aluminium imports from the EU – a move Harley-Davidson said would increase the cost of its bikes for European customers by around $2,200 each. Harley-Davidson had said it was seeking to "address the substantial cost of this tariff burden long-term", and expected to ramp up production in international plants within the next nine to 18 months. However, Mr Trump branded the company's move a "white flag" and an "excuse", and said he had "fought hard for them". A Harley-Davidson should never be built in another country-never! Their employees and customers are already very angry at them. If they move, watch, it will be the beginning of the end - they surrendered, they quit! The Aura will be gone and they will be taxed like never before!— Donald J. Trump (@realDonaldTrump) June 26, 2018 He said he had met with executives from the company earlier this year and they had said then that they would be moving a substantial part of their operations to Thailand. "That was long before Tariffs were announced. Hence, they were just using Tariffs/Trade War as an excuse. Shows how unbalanced & unfair trade is, but we will fix it," he wrote on Twitter. "If they ...Read the rest of this story
GE is holding a fire sale, and investors are excited by the prospect.
Google is giving developers a new storage option in its cloud. Cloud
