Business

Oil prices nod up as US fuel supply falls and sanctions on Iran loom
Business

Oil prices nod up as US fuel supply falls and sanctions on Iran loom

Oil prices inched up on Thursday, extending solid gains from the previous session on a fall in U.S. crude inventories and expected disruptions to supply from Iran and Venezuela. International were at $77.21 per barrel at 0114 GMT, up 7 cents from their last close. U.S. were up 14 cents […]

Apple buys startup that makes lenses for augmented reality glasses
Business

Apple buys startup that makes lenses for augmented reality glasses

has acquired a start-up focused on making lenses for augmented reality glasses, the company confirmed on Wednesday, a signal Apple has ambitions to make a wearable device that would superimpose digital information on the real world. Apple confirmed it acquired Longmont, -based Akonia Holographics. “Apple buys smaller companies from time […]

Trump says ‘no reason‘ for military exercises with South Korea despite stalled nuke talks with North
Business

Trump says ‘no reason‘ for military exercises with South Korea despite stalled nuke talks with North

President Donald Trump on Wednesday indicated that the U.S. will not participate in joint military exercises with South Korea, citing his “warm” relationship with North Korean leader Kim Jong Un, even as U.S. efforts to denuclearize the reclusive dictatorship have stalled. “There is no reason at this time to be […]

Sheryl Sandberg will donate her SurveyMonkey stake to foundation she started with Dave Goldberg
Business

Sheryl Sandberg will donate her SurveyMonkey stake to foundation she started with Dave Goldberg

Facebook‘s joined the board of SurveyMonkey in 2015, shortly after her husband and the company‘s CEO, Dave Goldberg, died suddenly while on vacation in Mexico. Sandberg, who now owns 9.9 percent of the company, is giving it all to charity. “Ms. Sandberg plans to donate all shares beneficially owned by […]

The Fed may finally see the change in inflation trend it‘s been looking for
Business

The Fed may finally see the change in inflation trend it‘s been looking for

Finally, the Fed may see the start of the inflation trend it‘s been waiting for — and that could provide some reinforcement for markets that it‘s seriously on a path to raise interest rates two more times this year and several more next year. The Fed has long targeted 2 […]