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Apple Inc’s Revenue Drops for the Second Consecutive Quarer on iPhone Slump

Apple Inc’s Revenue Drops for the Second Consecutive Quarer on iPhone Slump

Tuesday, in its quarterly earnings report, Apple Inc. said profit dropped twenty seven percent in the fiscal third quarter which ended on June 25.

Federal judge to consider Volkswagen’s $15 billion settlement

Federal judge to consider Volkswagen’s $15 billion settlement

A federal judge is scheduled to consider a $15 billion settlement offered by Volkswagen over its diesel emissions cheating scandal.U.S. District Court Judge Charles Breyer will consider the settlement case on Tuesday.

Demand for Treasury’s Auction Weak as Traders Expect an Interest Hike this Year

Demand for Treasury’s Auction Weak as Traders Expect an Interest Hike this Year

The U.S Treasury's auction of two-year notes failed to generate expected steam as demand remained the lowest since 2008. It resulted mostly because bond traders bet that this week, Federal Reserve policy makers will admit there are signs of economic strength which has a direct relation to the Federal Reserve's consideration of an increase in the interest rate this year.

Solar Impulse 2 Completes Its Historic Journey Round the World and Lands in Abu Dhabi

Solar Impulse 2 Completes Its Historic Journey Round the World and Lands in Abu

Solar Impulse 2, the flight running on only Sun's energy completed its journey round the world.
 
On Tuesday, the Solar Impulse created history as touched Abu Dhabi, its starting point for the round the world trip in March 2015. It undertook a journey of 25,000 miles (40,000-kilometer) for more than one year with sixteen stops.

Telecom Giant Verizon Buys Yahoo and Plans to Merge it with AOL Unit

Telecom Giant Verizon Buys Yahoo and Plans to Merge it with AOL Unit

Yahoo, once the darling of Silicon Valley and one of the most prominent names on the Internet, was founded in 1994. It remained a dominant player for years but gradually lost its shine with competition coming in from Google, Facebook Inc and others.

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