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chinese-smartphone-042618.jpg Smartphone shipments in China have significantly declined in the first quarter of 2018, according to a report from research firm Canalys. According to the report, smartphone shipments in China suffered their biggest ever decline in first quarter, down by more than 21% annually to 91 million units. Eight...

Bill Harris, Co-founder and former CEO of Paypal, claims Bitcoin to be the greatest scam in history. Harris wrote his opinion on Bitcoin in report that was published on Recode. "In my opinion, it's a colossal pump-and-dump scheme, the likes of which the world has never seen," Harris said. "In a...

Amazon.com Inc. (AMZN) Thursday reported a first-quarter profit that more than doubled from a year ago, driven largely by a huge 46 percent growth in revenues. Shares of the online retailer gained 6 percent in extended session. Seattle, Washington-based Amazon reported first-quarter profit of $1.63...

Software giant Microsoft Corp. (MSFT), Thursday reported an increase in profit for the third-quarter that trumped analysts' estimates, driven largely by strong growth in cloud business, as the software giant continues its transition from key software business to cloud business. Redmond, Washington-based...

wallstreet-011215_26apr18.jpg Stocks moved sharply higher over the course of the trading session on Thursday, as traders reacted positively to latest batch of earnings news. The major averages climbed firmly into positive territory after ending the previous session mixed.

scott-pruitt-042618.jpg Embattled Environmental Protection Agency Administrator Scott Pruitt faced harsh criticism from Democratic lawmakers on Thursday as he testified before the House Energy and Commerce Committee. Pruitt was invited to testify to the committee about the EPA's budget, although the questions largely centered...

mgm-042618.jpg MGM Resorts International Thursday announced that it will open its $960 million casino and entertainment complex MGM Springfield in New England on August 24, 2018. "A testament to a decade of collaboration between the City of Springfield and MGM Resorts, MGM Springfield will pay tribute to the city's...

mike-pompeo-042418.jpg While President Donald Trump suffered a setback earlier in the day with Rear Admiral Ronny Jackson, M.D., withdrawing his nomination to be Veterans Affairs Secretary, the president will have his choice as the new Secretary of State. The Senate voted 57 to 42 on Thursday to confirm CIA Director Mike...

robert-mueller-042618.jpg Members of the Senate Judiciary Committee voted Thursday to advance legislation designed to protect Special Counsel Robert Mueller from being fired without cause. The committee voted 14 to 7 in favor of the bill, which includes a provision that would allow a special counsel to challenge his or her firing in court.

wallstreet1-121214_26apr18.jpg After moving significantly higher early in the session, stocks continue to see notable strength in mid-day trading on Thursday. The major averages have pulled back off their best levels of the day but remain firmly in positive territory.

draghi-042618.jpg Eurozone growth momentum has softened since the start of the year, but is expected to remain solid and broad-based, European Central Bank President Mario Draghi said Thursday. "This moderation may in part reflect a pull-back from the high pace of growth observed at the end of last year, while temporary factors may also be at work," Draghi said in the introductory statement.

macron-trump-nucleardeal-042618.jpg French President Emmanuel Macron said his efforts to convince his American counterpart Donald Trump of the importance to stay in a nuclear deal that U.S.-led major powers signed with Iran in 2015 has apparently failed. "My view -- I don't know what your President will decide -- is that he will get...

noob-crypto-042618.jpg In crypto sphere, a NOOB is someone who is new to the cryptocurrency world and inexperienced in the ways of it. The NOOB would have little knowledge of the different cryptocurrencies, their venues, discussion forums and the slang used.

ronny-l-jackson-042418.jpg Facing allegations of misconduct, Rear Admiral Ronny Jackson, M.D., announced Thursday he is withdrawing his nomination to be Secretary of the Department of Veterans Affairs. The withdrawal comes as Jackson, who has served as a White House physician since 2006, has been accused of creating a toxic...

philippines-crypto-exchanges-042618.jpg The Philippine government for the first time has granted permission to operate cryptocurrency exchanges in the country. Cagayan Economic Zone Authority (CEZA) is about to issue license to 10 platforms for Blockchain and cryptocurrency companies to operate in the exclusive Economic Zone to take advantage of tax perks while generating employment, Reuters reported. "They are Japanese, Hong Kong, Ma

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