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Monthly Archives: December 2018

Jefferies joins Wall Street in cutting iPhone expectations, but says services still make Apple a buy

Brendan McDermid | Reuters Apple CEO Tim Cook speaks at the Anti-Defamation League’s “Never is Now” summit in New York City, December 3, 2018 Jefferies became the latest Wall Street firm to lower expectations for Apple’s stock on weakness in the iPhone supply chain. “It could get worse before it …

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White House can’t explain Trump claim that Mexico will pay for wall

Yuri Gripas | Bloomberg | Getty Images U.S. President Donald Trump speaks after signing bill H.R. 390, the Iraq and Syria Genocide Relief and Accountability Act of 2018, in the Oval Office of the White House in Washington, D.C., U.S., on Tuesday, Dec. 11, 2018.  President Donald Trump and the White …

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GE reportedly files paperwork for IPO of health-care unit

Timothy Tai | Boston Globe | Getty Images Massachusetts Governor Charlie Baker speaks during the opening ceremony for the GE Healthcare Life Sciences headquarters in Marlborough, Mass., on June 23, 2016. General Electric has confidentially filed the paperwork to spin out its health-care unit, GE Healthcare, in an initial public …

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Huawei CFO Meng Wanzhou extradition case: What happens next

Ben Nelms | Bloomberg | Getty Images Meng Wanzhou, chief financial officer of Huawei Technologies Co., leaves her home under the supervision of security in Vancouver, British Columbia, Canada, on Wednesday, Dec. 12, 2018.  The Huawei sanctions fraud case rattled markets, stunned the tech world and put U.S. agencies on …

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Facebook gave Amazon, Microsoft, Netflix special access to data: NYT

Marlene Awaad | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Inc., listens during the Viva Technology conference in Paris, France, on Thursday, May 24, 2018. Facebook has admitted it allowed other big tech companies to read users’ private messages, but denies it did so …

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Micron shares drop more than 7% after missing on revenue

Matthew Staver | Bloomberg | Getty Images The headquarters building of Micron Technology Inc. stands in Boise, Idaho, U.S. Micron Technology shares dropped more than 6 percent during after hours trading Tuesday after the company missed revenue expectations in its quarterly earnings. The company reported $7.91 billion, missing revenue estimates …

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Arizona Gov. Ducey will appoint Republican Rep. McSally to Senate seat

Caitlin O’Hara | Bloomberg | Getty Images Martha McSally, Republican U.S. Senate candidate from Arizona, speaks during a campaign rally outside the Historic Yavapai County Courthouse in Prescott, Arizona, U.S., on Monday, Nov. 5, 2018. Surging turnout has both Republicans and Democrats proclaiming they stand to benefit, as polls show …

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Mnuchin won’t comment on Trump’s promised middle class tax cut

Al Drago | Bloomberg | Getty Images Steven Mnuchin, U.S. Treasury secretary, speaks during an interview in Washington, D.C., on Tuesday, Dec. 18, 2018. In the run up to November’s midterm elections, President Donald Trump promised a vague middle class tax cut that he has barely mentioned since. His Treasury …

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Dozens of complaints against Brett Kavanaugh are dismissed

Andrew Harrer | Bloomberg | Getty Images Brett Kavanaugh, associate justice of the U.S. Supreme Court, smiles as U.S. President Donald Trump, not pictured, speaks during a ceremonial swearing-in event in the East Room of the White House in Washington, D.C., U.S., on Monday, Oct. 8, 2018.  The federal court …

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How to see the newest tweets first on Twitter

Justin Tallis | AFP | Getty Images Jack Dorsey, CEO of Square, Chairman of Twitter and a founder of both, holds an event in London on November 20, 2014. Twitter rolled out an update to its iPhone app on Tuesday that lets you see tweets in reverse chronological order, with …

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