The Italian government fines US tech kingpins Amazon, Inc (AMZN) and Apple, Inc (AAPL) over $230 million on the grounds of antitrust laws. The fine concluded an investigation being done by the Italian antitrust watchdogs on the reselling of Apple’s Beats kit on Amazon. The lawsuit alleged Apple and Amazon […]

According to the Centers for Disease Control and Prevention (CDC), 14% of American adults smoke. That means 34 million adults in the United States smoke. The habit can have grim consequences. Cigarette smoking is the most preventable cause of death in America, and it kills 480,000 people a year. Smoking […]

Today, 37-year-old Parag Agrawal is Twitter's CEO — the youngest among the S&P 500, edging out Mark Zuckerberg. But just 10 years ago he was an engineer at Twitter. Agrawal, who was announced as CEO after Jack Dorsey's surprise resignation on Monday, joined Twitter as a software engineer only a […]

Dell Technologies (DELL) Tuesday reported a profit for the third quarter that easily trumped Wall Street estimates, as revenues jumped 21%, driven largely by strong demand for its PCs. Round Rock, Texas-based Dell’s third-quarter profit rose to $3.89 billion or $4.87 per share from $881 million or $1.08 per share […]

The United States on Monday recorded the highest number of daily Covid cases in nearly three months. With 157580 new cases reporting on Sunday, the total number of Covid infections in the country rose to 47,889,750, as per the latest data from Johns Hopkins University. This is the highest daily […]

The global semiconductor shortage is turning into a headache for automotive (auto) and appliance manufacturers. But it is proving to be a boon for equity investors. Semiconductor stocks are among the best performers this year. The PHLX Semiconductor Index has gained more than 35 per cent year-to-date. Amid positive sentiment […]

Private air travel is prospering under the pandemic. In fact, interest is so high that many private jet companies have a different problem of their hands: keeping up with demand. Private aviation company VistaJet said new memberships for the first half of 2021 are up 53% compared to 2020, with […]

Eliminating tariffs imposed on goods during the worst of the trade war would help ease inflation in the U.S., former Treasury Secretary Jacob Lew told CNBC. But there's currently "no political space" to do so, he said on CNBC's "Street Signs Asia." Worries over inflation have shot up this year, […]

Social media giant Twitter, Inc. (TWTR) Monday announced that Founder and Chief Executive Officer Jack Dorsey has decided to step down from his position. The board has appointed Chief Technology Officer Parag Agrawal as the new CEO, effective immediately. Meanwhile, Dorsey will remain a member of the Board until his […]

The world’s largest nations are desperately trying to minimize the behaviors that have massive negative effects on the climate and cause global warming. Many of those behaviors contribute to CO2 emissions, and when measured per capita, Qatar is the worst polluter in the world. Most recently at the United Nations […]