PARIS (AP) — French President Francois Hollande and archaeological officials have used an exhibit in Paris of two preserved ancient Egyptian cities as a defiant example that the world will not be cowed by Islamic State militants who recently destroyed ancient Syrian heritage sites in Palmyra and killed a local archaeologist.
(Reuters) – Apple Inc has just made buying a new iPhone every year more affordable – a move that analysts said will drive demand from now on, starting with the new iPhone 6S and 6S Plus. Apple announced a program on Wednesday that will allow users to finance unlocked versions of the new iPhones through monthly installments starting at $32, regardless of carrier. “We think this program should act as
Chinese cyber espionage continues to target a “broad spectrum of U.S. interests,” including national security information, sensitive economic data and intellectual property, the U.S. Director of National Intelligence James Clapper said on Thursday. “Although China is an advanced cyber actor in terms of capabilities, Chinese hackers are often able to gain access to their targets without having to resort to using advanced capabilities,” Clapper told the House of Representatives Intelligence
(Reuters) – Hard-disk maker Seagate Technology Plc said it planned to cut 1,050 jobs, or 2 percent of its workforce, as part of a restructuring program. Seagate has reported a fall in sales for the past two quarters, hurt by weak demand from original equipment manufacturers, including PC makers. Research firm International Data Corp said last month that it expected a bigger drop in 2015 PC shipments than it had
German business software maker SAP is on track to meet its 2015 targets and is not seeing a change in business environment and macro-economic factors, it finance chief said on Thursday. “The current environment is not changing from what I have seen in the first half of the year,” Chief Financial Officer Luka Mucic told reporters at SAP’s headquarter in Walldorf. “Business environment is unchanged, we have confirmed guidance and
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
Bethany McLean’s new book delves into the story of Fannie Mae and Freddie Mac seven years after the housing meltdown and financial crisis, and tells us why homeownership finance is now one of the biggest unsolved issues in today’s economy.
The market has put too much emphasis on Apple product launches, casting a shadow over its “economic innovation,” Daniel Ernst said.
A new index by one of the most influential institutions in the housing market suggests people are increasingly worried about the economy.
When volatility spikes, it’s usually because of a complex clustering of fears. Here are a few at play now.
