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Apple Music on Track to Overtake Spotify in U.S. Subscribers

Apple Music on Track to Overtake Spotify in U.S. Subscribers

Apple’s Apple Music is adding subscriber accounts in the U.S. at a higher rate than Spotify, and is on track to pass the No. 1 streaming service this summer, according to people familiar with the services’ figures.

Published 4 months ago

For Companies on the Rocks, Tax Bill Doesn’t Help Much

For Companies on the Rocks, Tax Bill Doesn’t Help Much

The new tax law is a boon to most U.S. businesses, but it will make life harder for one type of company: Those that are struggling financially or at risk of filing for bankruptcy.

Published 4 months ago

Bitcoin’s Crashing? That Won’t Stop Arbitrage Traders From Raking in Millions

Bitcoin’s Crashing? That Won’t Stop Arbitrage Traders From Raking in Millions

One of the oldest tactics on Wall Street is going viral in the world of digital currencies. The strategy, called arbitrage, is simple. If a something trades at different prices in multiple places, buy it where it’s cheap and sell where it’s dear.

Published 4 months ago

German coalition talks enter last day

German coalition talks enter last day

Published 1 second ago

Anatomy of a bond bear market

Anatomy of a bond bear market

Published 1 second ago

As Stock-Market Rout Spreads, Investors Fear Markets Falling in Lockstep

As Stock-Market Rout Spreads, Investors Fear Markets Falling in Lockstep

U.S. stocks last week suffered their largest weekly decline in two years. But some investors worry falling prices for things like oil futures, gold and bitcoin are offering a more ominous signal that could presage deeper declines.

Published 4 months ago

Amtrak Train and Freight Train Collide in South Carolina, at Least Two Dead

Amtrak Train and Freight Train Collide in South Carolina, at Least Two Dead

At least two people were killed and about 70 injured early Sunday when an Amtrak passenger train and a freight train collided outside Columbia, S.C.

Published 4 months ago

JPMorgan to Banking Clients: Joint Health-Care Venture Is No Threat

JPMorgan to Banking Clients: Joint Health-Care Venture Is No Threat

JPMorgan Chase & Co.’s employee health-care initiative with Amazon and Berkshire Hathaway raised worries among some of the bank’s clients of a potential competitive threat.

Published 4 months ago

Can Apple Be Equally Successful in Hardware and Services?

Can Apple Be Equally Successful in Hardware and Services?

In a world where nobody wants to own anything, could Apple Inc. transition to a subscription model for the services and products it delivers?

Published 4 months ago

How Eagles Owner Jeffrey Lurie Challenged the NFL to Get Over Its Season of Chaos

How Eagles Owner Jeffrey Lurie Challenged the NFL to Get Over Its Season of Chaos

From the discord between NFL owners to the national anthem protests, Philadelphia Eagles owner Jeffrey Lurie has been a quiet force looking forward.

Published 4 months ago

Pennsylvania Congressional Map Faces Supreme Court Call

Pennsylvania Congressional Map Faces Supreme Court Call

The U.S. Supreme Court is expected within days to decide whether to intervene in the partisan battle over gerrymandering and Pennsylvania’s congressional map, with ramifications for the 2018 midterm elections.

Published 4 months ago

U.S. and South Korea Struggle for Unity on Eve of Olympics

U.S. and South Korea Struggle for Unity on Eve of Olympics

Officials in Seoul and Washington say South Korean outreach to North Korea strains a crucial alliance between the U.S. and the South.

Published 4 months ago

Quicken replaces Wells Fargo as top US retail mortgage lender

Quicken replaces Wells Fargo as top US retail mortgage lender

Non-bank’s expansion comes as alternative groups fill gap in sector left after subprime disaster

Published 1 second ago

The American way of healthcare

The American way of healthcare

Reforming the US system is both a technical and an existential challenge

Published 1 second ago