Recent Posts

Goldman cuts its Apple profit estimates

Justin Sullivan | Getty Images The new Apple iPhone XR is displayed during an Apple special event at the Steve Jobs Theatre on September 12, 2018 in Cupertino, California. Goldman Sachs is reducing its earnings forecast for Apple due to the smartphone maker’s new lineup of iPhones. The firm lowered …

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Walmart’s Jet.com compete with Amazon with 3-hour delivery in New York

Jet.com, the e-tailer owned by Walmart, is upping the competition against Amazon with a redesigned website, more merchandise, faster delivery and a slew of other upgrades. Traffic was waning on Jet.com, which Walmart purchased for $3.3 billion roughly two years ago. The site, unlike Walmart.com, primarily targets an affluent, younger …

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Global oil supply hits record despite Iran, Venezuela fallout 

Robert Nickelsberg/Liaison Welders work on the Strategic Petroleum Reserve pipeline on June 1, 1980, in West Hackberry, Louisianna. Begun under President Ford to reduce the threat of oil embargoes, the SPR crude oil is stored in huge underground salt caverns along the Gulf of Mexico, a natural choice due to …

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