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Apple’s Challenge: Win Over China With Pricey New iPhones

Apple’s Challenge: Win Over China With Pricey New iPhones

The signature features of Apple’s new iPhones—bigger screens and dual-SIM support—speak directly to demands in the all-important China market. Chinese rivals already offer similar features for less money, however.

Published 2 months ago

Trump Hits Back at JPMorgan CEO James Dimon

Trump Hits Back at JPMorgan CEO James Dimon

President Trump criticized James Dimon as a “poor public speaker” and “nervous mess,” a day after the JPMorgan Chase chief executive said he could prevail over Mr. Trump in a presidential campaign.

Published 2 months ago

Turkey Takes Action on Strained Economy With Big Rate Rise

Turkey Takes Action on Strained Economy With Big Rate Rise

Turkey’s central bank raised interest rates by more than 6 percentage points in a long-awaited move to tackle its economic crisis, sending the embattled lira sharply higher against the dollar.

Published 2 months ago

The Tricky Part of the Fed’s Next Rate Increase

The Tricky Part of the Fed’s Next Rate Increase

Deciding to raise short-term interest rates will be the easy part of Federal Reserve officials’ meeting later this month. Agreeing on how to frame the path of rate increases next year could prove much harder.

Published 2 months ago

Despite Clean-Up Vows, Smartphones and Electric Cars Still Keep Miners Digging by Hand in Congo

Despite Clean-Up Vows, Smartphones and Electric Cars Still Keep Miners Digging by Hand in Congo

Modern batteries need cobalt. Apple, VW and others still include in their supply chains the owner of an African mine where workers produce the metal without shoes or safety equipment.

Published 2 months ago

At Campbell Soup, Heirs Hold the Key as Activist Tries to Remake Board

At Campbell Soup, Heirs Hold the Key as Activist Tries to Remake Board

Activist Daniel Loeb’s campaign to replace Campbell Soup’s board needs backing from descendants of the man who invented condensed soup. They hold at least 45% of the company’s stock.

Published 2 months ago

Thousands of Homes in Hurricane Florence’s Path Lack Flood Insurance

Thousands of Homes in Hurricane Florence’s Path Lack Flood Insurance

Fewer homeowners in North and South Carolina own flood insurance than five years ago, signaling many won’t have access to ready cash if they need to rebuild after Hurricane Florence.

Published 2 months ago

Iranians Can’t Leave Home, as Sinking Currency Stymies Travel

Iranians Can’t Leave Home, as Sinking Currency Stymies Travel

The travel woes are one more headache for an Iranian leadership struggling with a deepening economic crisis, which aside from the falling currency is also marked by double-digit unemployment and high inflation.

Published 2 months ago

North Korean Coal Slipped Into South Despite Warning From U.S.

North Korean Coal Slipped Into South Despite Warning From U.S.

A coal shipment that arrived in South Korea last fall exposed a gap in the global effort to enforce sanctions on Pyongyang.

Published 2 months ago

Driverless Hype Collides With Merciless Reality

Driverless Hype Collides With Merciless Reality

The bubble around self-driving cars is turning into a ‘trough of disillusionment, with

Published 2 months ago

ECB reaffirms plans to halt bond-buying programme

ECB reaffirms plans to halt bond-buying programme

Central bank will halve QE-era purchases to €15bn from October

Published 1 second ago

Bank of England keeps interest rates unchanged as expected

Bank of England keeps interest rates unchanged as expected

Recent developments in the UK economy in line with central bank’s forecasts

Published 1 second ago

Turkish central bank hikes rates to 24% in bid to stem currency crisis

Turkish central bank hikes rates to 24% in bid to stem currency crisis

Country’s currency has dropped 40 per cent this year amid economic, political worries

Published 1 second ago

Turkey Takes Action on Strained Economy With Big Rate Rise

Turkey Takes Action on Strained Economy With Big Rate Rise

Turkey’s central bank raised interest rates by more than 6 percentage points in a long-awaited move to tackle its economic crisis, sending the embattled lira 5% higher against the dollar.

Published 2 months ago

In a Plane, Flying Through the Eye of Hurricane Florence

In a Plane, Flying Through the Eye of Hurricane Florence

The Biloxi, Miss.-based Hurricane Hunters fly in and out of tropical cyclones to detect specific information about storms that satellite imagery, storm modeling and other technologies can’t pick up.

Published 2 months ago