• European Commission to Hit Apple With Billions in Back Taxes
European Commission to Hit Apple With Billions in Back Taxes

Apple is waiting on the European Commission to make a ruling this week that could potentially see the tech giant having to pay back billions in taxes. Last year , the commission told the Netherlands to recover as much as €30m from Starbucks and Luxembourg was ordered to claw back a similar amount from Fiat.

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  • Fed's Mester: Makes Sense For US To Start Raising Rates
Fed's Mester: Makes Sense For US To Start Raising Rates

Of interest, he thought the Fed's current forecast for a larger number of rate hikes, even if gradual, was damaging its credibility and affecting pricing in foreign exchange markets. George said there are indications that inflation is rising as the labour market tightens. "I do think that the situation is more favorable to them raising rates"...

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  • South Carolina Navy complex: West Nile in some mosquitoes
South Carolina Navy complex: West Nile in some mosquitoes

A spokesman for the state Health Department could not immediately be reached to verify the figure. Maryland health officials reported the first confirmed case of West Nile virus this year in the state. This is the second confirmed positive sample for West Nile this month in Cooke County. A pregnant woman infected with the virus can pass it on...

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  • United States new home sales soar
United States new home sales soar

Sales of US new homes rose in July to the highest level since October 2007, as the USA housing market enjoyed a stable growth this year. Perhaps most encouragingly, though, home sales appear to have improved at the cheaper end of the spectrum - which is good news for first-time buyers who don't have a place of their own to sell.

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  • Scattered storms and humid through the weekend
Scattered storms and humid through the weekend

Friday will be more of the same with fewer shower chances but still warm, humid, and an isolated shower or two to end the work week. Tomorrow: Mainly sunny. North northwest wind 5 to 10 miles per hour. Monday: A 30 percent chance of showers and thunderstorms after 9am. Tuesday: A 20 percent chance of showers and thunderstorms.

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  • Cisco Systems plans to cut 14000 jobs, sources claim
Cisco Systems plans to cut 14000 jobs, sources claim

It wasn't the first rumor about this massive layoff, but the most substantiated. Cisco Systems Inc said it would cut almost 7 percent of its workforce, posting charges of up to $400 million in its first quarter, as the world's largest networking gear maker shifts focus away from its legacy hardware towards higher-margin software.

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  • Pinterest launches native video ads
Pinterest launches native video ads

As the popularity of video grows on Pinterest, the social site is looking to capitalize. Because many people use Pinterest to research specific projects like making dinner or decorating a nursery, the site can more easily predict their interests or catch a person in the mood to buy something, such as the lipstick featured in a how-to style vide...

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  • Federal judge blocks OH law defunding Planned Parenthood
Federal judge blocks OH law defunding Planned Parenthood

A federal judge blocked an OH law aimed at diverting public money from Planned Parenthood, saying in a Friday ruling that the group stood to suffer "irreparable injury". He argued that, under the Constitution, a state "cannot condition funding for these programs based on a recipient's exercise of the right to free speech or association outside ...

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  • Major Differences Between Olympic Basketball And The NBA
Major Differences Between Olympic Basketball And The NBA

Former NBA player Yi Jianlian finished with a team-high 25 points for China. Just because they haven't been here before, or they might not be MVPs, or ten-time all-stars, but we got some damn good players on this team. It's not like we're cruising around. "In the third quarter, on every bucket we made, it was assisted", U.S. coach Mike Krzyzewski s...

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  • Alibaba cloud computing arm to help foreign tech firms enter China
Alibaba cloud computing arm to help foreign tech firms enter China

The company would provide cloud computing solutions, along with its sales platform, to give access to the global tech companies. "The AliLaunch programme and Global Technology Partners Marketplace serve as the flawless platforms for making different software products accessible to businesses and organisations in China".

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  • Arianna Huffington signs off at The Huffington Post
Arianna Huffington signs off at The Huffington Post

Thrive Global's Series A funding round was led by Lerer Hippeau Ventures, a venture capital fund of Huffington Post co-founder Ken Lerer. Her biggest influence, though, Domenech said, was inadvertent but huge: "One of her biggest legacies was to elevate Andrew Breitbart", Huffington's former researcher who helped found the site and became, bef...

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  • Value Stock Buzz: Marathon Petroleum Corporation (NYSE:MPC)
Value Stock Buzz: Marathon Petroleum Corporation (NYSE:MPC)

The stock has a market capitalization of $21.69 billion and a price-to-earnings ratio of 11.32. Anadarko Petroleum Corporation has a 50 day moving average of 53.96 and a 200 day moving average of 48.21. Marathon Oil Corporation's (MRO) price volatility for a month noted as 4.42% however its price volatility for a week documented as 4.69%. However...

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  • Clinton attacks Trump economic proposal
Clinton attacks Trump economic proposal

The American people were sick of hearing about Hillary Clinton's emails when Bernie Sanders expressed those same feelings months ago during a Democratic presidential debate. Trump added that the Obama administration regulations and restrictions decreased USA energy jobs by at least "half a million", and decrease personal incomes by up to $7,00...

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  • Trump suggests Clinton emails linked to Iranian's execution
Trump suggests Clinton emails linked to Iranian's execution

The RealClearPolitics polling average before the poll came out Monday had Clinton at 48% and Trump at 41%. William Ruckelshaus, who served under presidents Richard Nixon and Ronald Reagan, and William Reilly, who worked with George H.W. "He is unable or unwilling to separate truth from falsehood". "We are convinced that in the oval office, he wou...

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  • China trade performance slumps
China trade performance slumps

Granted, export demand is likely to remain subdued for some time. Exports to the European Union rose 1.7 percent annually in the January-July period while those to the U.S. Total exports for the first seven months of 2016 rose 8.5% to 67.41-million tonnes from a year ago. In the same period, foreign trade with the United States , China's sec...

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  • Historic Flash Floods And Storms Turn Maryland Roads Into Rivers
Historic Flash Floods And Storms Turn Maryland Roads Into Rivers

And I literally came here, I thought we're going to have dinner. "It's more like an quake", Ms. Mikulski said , comparing it to the blizzards and hurricanes that have blown through the state. George Maisonet, a firefighter with the county, said he was shocked to see the extent of the damage. "I will never forget that because that tells me wh...

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  • Rio Olympics 2016: United States of America men's gymnastics qualifies for finals
Rio Olympics 2016: United States of America men's gymnastics qualifies for finals

The U.S. men's gymnastics team's Achilles' heel - pommel horse - reared its ugly head again on the Olympic stage, but the American men shook off consecutive mistakes in that event in the second of two subdivisions in the men's gymnastics preliminaries, placing first with one subdivision to go.

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  • Russia's Efimova says she's cleared to swim in Rio
Russia's Efimova says she's cleared to swim in Rio

The Olympic Rings are displayed ahead of the 2016 Rio Games on August 2, 2016 in Rio de Janeiro, Brazil. A senior member of the International Olympic Committee (IOC) who also heads the World Anti-Doping Agency (WADA) has criticized the IOC for what he says is a lack of "moral leadership" over a Russian state-sponsored doping system.

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  • 'Kabali' Hindi remake to star Amitabh Bachchan?
'Kabali' Hindi remake to star Amitabh Bachchan?

Thanu of V Creations. The movie has collected Rs 86.5 crore from the world but it has earned Rs 244 crore worldwide. Now it seems that Rajnikanth's movie will easily enter the Rs 300-crore club. from the box office after its first weekend. A craze for the flick in overseas market is also the reason. According to a post that Ramesh B made, the figur...

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  • Pokemon Go crashes and hackers claim responsibility
Pokemon Go crashes and hackers claim responsibility

On Sunday afternoon, it was announced on the app's Twitter page that the game is available for download in Canada on Android and iOS devices. By Monday morning, players in New Zealand were back online. Although Japan was the original country where Pokemon came out, it has yet to have the game. Pokemon trainers were disappointed for ho...

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  • National Amusements Opposes Possible Viacom Sale of Paramount Stake
National Amusements Opposes Possible Viacom Sale of Paramount Stake

In late February, chairman and chief executive Philippe Dauman said the firm would sell a significant minority stake in the movie studio and had received expressions of interest. Wall Street discounted the reports, given Redstone's previous opposition to a Paramount sale - and the growing belief that Dauman won't be able to hold on to his job.

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  • Hyperloop Sued by Co-Founder Over Claims of Mismanagement
Hyperloop Sued by Co-Founder Over Claims of Mismanagement

In response, the company allegedly "targeted the supposed ringleaders for termination". The case comes two months after Hyperloop One held its first public test in the desert outside Las Vegas, trying out engine components created to rocket pods carrying people or cargo through tubes at speeds of 700 miles per hour (1,125 kilometers) or more.

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  • US State Department reopens probe into Hillary's handling of emails
US State Department reopens probe into Hillary's handling of emails

The State Department's renewed inquiry into possible mishandling of classified information in emails is not almost as serious as the recently closed FBI criminal investigation, but it keeps the email server story alive for an indeterminate period of time.

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  • Here's How to Watch the 2016 Spectacular Online
Here's How to Watch the 2016 Spectacular Online

The fireworks presentation will start at 8:00 p.m. until 10:00 p.m. EST with an encore presentation from 10:00 to 11:00 p.m. EST. The esplanade has bi-level waterfront park that offers open space for New Yorkers who want to find peace in the middle of busy city.

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  • Gannett To Continue Pursuit Of Tribune Publishing Into August
Gannett To Continue Pursuit Of Tribune Publishing Into August

The $15.00 per share offer also represents a 76 percent premium to the $8.50 share price at which Tribune recently issued common stock to an entity controlled by Michael Ferro. Shareholders on Thursday cast votes for Tribune's board of directors. Shares of Gannett , based in McLean, Virginia, rose slightly in premarket trading.

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