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Dakota Access Study Leaves US Oil Pipeline’s Fate in Limbo
Dakota Access Study Leaves US Oil Pipeline’s Fate in Limbo
The Biden administration has left the Energy Transfer LP’s controversial Dakota Access Pipeline in limbo, with the release
2023-09-09 01:23
Walmart cut starting pay for some new jobs
Walmart cut starting pay for some new jobs
Walmart, America's largest private employer, is paying some new hires less than it would have earlier in the year in a sign of a cooling labor market.
2023-09-09 01:21
Argentina Ordered to Pay $16 Billion in US Suit Over YPF
Argentina Ordered to Pay $16 Billion in US Suit Over YPF
Argentina was ordered to pay at least $8.4 billion in damages and $7.6 billion in interest in a
2023-09-09 01:19
U.S. household net worth hits record in second qtr, Fed says
U.S. household net worth hits record in second qtr, Fed says
U.S. household wealth rose to a record of more than $154 trillion in the second quarter, fueled by
2023-09-09 00:57
Chrysler parent Stellantis offers 14.5%, 4-year wage hike to hourly workers
Chrysler parent Stellantis offers 14.5%, 4-year wage hike to hourly workers
By David Shepardson Chrysler parent Stellantis said Friday it offered U.S. hourly workers a 14.5% wage hike over
2023-09-09 00:49
iPhone 15 price: New Apple handset could be by far most expensive ever
iPhone 15 price: New Apple handset could be by far most expensive ever
Apple’s upcoming iPhone 15 Pro Max could be easily its most expensive ever, according to numerous reports. A number of analysts have suggested that Apple could push the price of the more expensive phones up by $200, partly as a response to inflation but also because of a new strategy. Rumours have suggested that Apple is looking to offer new options at the very expensive end of its line-up, in an attempt to encourage growth of its profits. Tim Cook, Apple’s chief executive, appeared to confirmed that strategy during an earnings call earlier this year in which he said that he thought “people are willing to really stretch to get the best they can afford in that category”. Apple has already seemingly attempted that strategy with the Apple Watch Ultra, a new and more expensive version of the wearable, which was released last year. It was a marked change from previous releases, which have seen Apple offer cheaper “SE” versions of the Watch and iPhone, as well as much smaller handsets. Various reports have suggested that Apple is planning to do the same with its iPhone line-up. That could eventually bring an “Ultra” version of the iPhone, reports have suggested, presumably with premium features and other changes intended to encourage customers to buy it. This time around, however, Apple will offer the same line-up as it did with the iPhone 14: a smaller and larger version of both the normal iPhone 15 and the premium iPhone 15 Pro. The larger version of the latter – the iPhone 15 Pro Max – will be the most expensive. This year, the iPhone 15 Pro Max could have even more features that set it apart from the rest of the line-up. Rumours have indicated that Apple is adding a “periscope lens” to the larger phone, which would allow it to offer more zoom without taking up more space. Numerous analysts and reports have suggested that those changes could bring additional cost to the price of the iPhone. The iPhone 14 Pro Max currently costs $1,099 and the new model could be $200 more than that, analysts have indicated. The changes are also set to raise the average selling price of an iPhone, according to a new report from analyst Dan Ives at Wedbush and reported by 9to5mac. It would take the average selling price to $900-$925, he suggested. Apple will reveal the new iPhones – and their price – at an event on Tuesday, 12 September. They are expected to go on sale the following week. The base iPhone 15 is expected to largely be brought in line with the current iPhone 14 Pro, borrowing its chip and the “Dynamic Island” at the top of the display. The iPhone 15 Pro is expected to get a new, more powerful chip, thinner bezels around the display, and an “action button” on the side of the phone. Apple is also expected to move the port at the bottom of of all the new phones from the current Lightning to USB-C.
2023-09-09 00:48
Factbox-Impact of possible strikes on Detroit Three automakers
Factbox-Impact of possible strikes on Detroit Three automakers
A union representing workers at General Motors, Ford Motor and Jeep-maker Stellantis has threatened strikes if a contract
2023-09-09 00:28
UK watchdog to 'ramp up' checks on how banks assess risks
UK watchdog to 'ramp up' checks on how banks assess risks
By Huw Jones LONDON Britain's financial watchdog told banks on Friday it would "ramp up" checks on whether
2023-09-09 00:24
FDIC publishes post-mortem of its supervision of failed First Republic Bank
FDIC publishes post-mortem of its supervision of failed First Republic Bank
WASHINGTON A U.S. banking regulator said its supervisors could have been more aggressive in policing First Republic Bank's
2023-09-09 00:23
Ruling cites deceptive advertising by TurboTax software maker Intuit -FTC
Ruling cites deceptive advertising by TurboTax software maker Intuit -FTC
WASHINGTON (Reuters) -The Federal Trade Commission's (FTC) administrative law judge ruled on Friday that Intuit Inc., the maker of the
2023-09-08 23:49
Kroger and Albertsons sell 400 stores to Piggly Wiggly's parent company
Kroger and Albertsons sell 400 stores to Piggly Wiggly's parent company
Kroger and Albertsons are selling roughly 400 stores to Piggly Wiggly's parent company in an attempt to win antitrust approval for the mega merger between the grocery stores.
2023-09-08 23:47
Column-Mighty dollar shares in Fed's heavy lifting: McGeever
Column-Mighty dollar shares in Fed's heavy lifting: McGeever
By Jamie McGeever ORLANDO, Florida If Federal Reserve officials want U.S. financial conditions to tighten enough to cool
2023-09-08 23:46
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