Oil Trades Near Highest Close in Five Months as OPEC View Looms
Oil held the bulk of a two-day gain that took the US crude benchmark to the highest close since November as traders weighed signs of a tighter global market…
Source: biztoc.com
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US 30-Year Mortgage Rate Drops a Fifth Week to Two-Month Low
US 30-year fixed mortgage rates fell for a fifth-straight week to the lowest level in two months, shoring up demand to buy a home. • None US Core Inflation…
Source: biztoc.com
Apple's Local Tax Arrangement With Hometown Comes Under Fire
A tax agreement between Apple Inc. and its hometown of Cupertino, California, has come under scrutiny from state regulators, potentially slashing the amount…
Source: biztoc.com
Apple Triples India iPhone Output to $7 Billion in China Shift
Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after…
Source: biztoc.com
SoftBank Plans to Sell Majority of Its Stake in Alibaba, FT Says
SoftBank Group Corp. is moving to sell the majority of its stake in Chinese internet giant Alibaba Group Holding Ltd., the Financial Times reported, the…
Source: biztoc.com