Apple cutting iPhone production by 10% in first quarter of 2017

Apple is going to cut production of its top model iPhone starting from the first quarter of 2017. Apple is making this move to avoid accumulated inventory situation like the one it faced in the beginning of the year 2016.

Posted by "Admin"
Updated: January 1, 2017 at 2:57 PM
Published: January 1st, 2017

US trade deficit jumped – Strong US Dollar is to blame?

A strong US Dollar is proving troublesome for exporters in USA. Importers in other countries are now looking for other exporters, as they cannot afford to purchase items from USA while US dollar is trading this high.

Posted by "Admin"
Updated: December 30, 2016 at 2:21 PM
Published: December 30th, 2016

Trump says 8,000 new jobs are coming USA’s way

Sprint Corp and OneWeb LLC are planning to bring 8,000 new jobs to United States of America. Trump was so excited by the news that he took the liberty to break it to the world himself in a brief announcement on Wednesday.

Posted by "Admin"
Updated: December 29, 2016 at 4:14 PM
Published: December 29th, 2016

What is a Toxic Debt or a Toxic Loan?

Toxic Debt is a new phrase that many Americans are now using quite often. In simple words, a toxic debt is a loan/debt that is backed by property(s); the loan becomes worthless, or toxic when the value of the property drops [or become worthless] and the borrower cannot pay it back.

Posted by "Admin"
Updated: December 26, 2016 at 5:54 PM
Published: December 26th, 2016

Vine getting a reboot-Twitter changing it to Vine Camera app

Twitter first announced that it is shutting down the famous Vine app; now they have changed their decision. Instead of shutting down Vine, they are rebooting this service. The new service is called Vine-Camera. It will allow users to take short videos and upload them to Twitter or save them on their Mobile devices.

Posted by "Admin"
Updated: December 21, 2016 at 1:11 PM
Published: December 21st, 2016

Christine Lagarde found guilty but faces no penalty

Chief of IMF [International Monetary Fund,] Christine Lagarde is found guilty on negligence charges by a French court. However, the court didn’t give any punishment to Lagarde. She is walking away in this case as a guilty person who is not going to jail and is not paying any fine.

Posted by "Admin"
Updated: December 20, 2016 at 2:36 PM
Published: December 20th, 2016