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Thursday Apple Rumors: Apple Delays iPhone 6 Plus Battery Replacements

Top Finance News - Thu, 01/11/2018 - 2:05pm

Leading the Apple Inc. (NASDAQ:AAPL) rumor mill today is news of iPhone 6 Plus battery replacements being delayed. As a result, AAPL is having to delay the battery replacement offer for this device. Owners of an iPhone 6 Plus that are planning to replace the battery will have to wait until late March or early April.

What Is the Difference Between Single & Married Tax Withholding?

Top Finance News - Thu, 01/11/2018 - 1:58pm

Employees know that keeping up with the taxes withheld from their paychecks can be a complicated process. Here's a simple explanation of the single and married tax withholding rates.

Sen. Warren dodges questions about Trump’s tax reform plan

Top Finance News - Thu, 01/11/2018 - 12:46pm

Fox News’ Bret Baier discusses his interview with Sen. Elizabeth Warren (D-Mass.) on “Special Report” on Wednesday.

Gambling companies are cashing in on one of the hottest trends sweeping crypto

Top Finance News - Thu, 01/11/2018 - 12:28pm

Investing in an initial coin offering (ICO) is a bit of a gamble in and of itself, so it's fitting that more gambling and gaming companies have raised money via the fundraising method than any other category. A wide-ranging report by Credit Suisse, the Switzerland-based bank found, found a "high number of gaming and gambling companies" have used the mechanism to raise money. According to the Credit Suisse report, gambling companies such as casinos have a lot to gain from blockchain and cryptocurrencies.

Putin Says North Korea’s Kim ‘Won This Match’ on Nuclear Weapons

Top Finance News - Thu, 01/11/2018 - 12:17pm

Russian President Vladimir Putin said North Korean leader Kim Jong Un has “won this match” in the contest to acquire nuclear weapons.

An infamous mystery trader refuses to give up on a bet that the stock market will go nuts

Top Finance News - Thu, 01/11/2018 - 12:11pm

The wager is on a large increase in the CBOE Volatility Index, which serves as the stock market's fear gauge, and has been suppressed for most of the past year. Just six weeks after rolling over a massive wager that the CBOE Volatility Index, or VIX, would surge from its subdued levels by January, the volatility vigilante has essentially extended that bet into February. Known to some as the "VIX Elephant," the mystery investor has stubbornly clung to this trade since initiating it on July 21 of last year.

Tax reform will be 'gravy' for the banks

Top Finance News - Thu, 01/11/2018 - 11:25am

Expect some big one-time write-downs for Q4.

Why the Hot Cryptocurrency Ripple is Going Down in Flames

Top Finance News - Thu, 01/11/2018 - 11:22am

There are a few separate issues.

How Jay Leno refuses to spend his money

Top Finance News - Thu, 01/11/2018 - 10:55am

This common purchase "seems like a complete waste of money," says former "Tonight Show" host Jay Leno.

These 3 Dividend Giants Are Safer Than You Think

Top Finance News - Thu, 01/11/2018 - 10:33am

Concerns about these stocks and their dividends are overblown.

Ripple's XRP is exploding after announcing a partnership with MoneyGram to speed up transfers (MGI)

Top Finance News - Thu, 01/11/2018 - 10:17am

MoneyGram has partnered with Ripple to use its XRP cryptocurrency in money transfers. Shares of MoneyGram, the second-largest money transfer company in the world, spiked as much 12.75% Thursday after the company said it had signed a partnership with Ripple to test using the company’s XRP cryptocurrency to improve transfer settlement times and costs. XRP is climbing as well, spiking as much as 14%.

Everyone is making the same big mistake about electric cars (TSLA)

Top Finance News - Thu, 01/11/2018 - 10:07am

Electric cars are cheaper to own over the long term than gas-powered vehicles. Compared to just a decade ago, we have a lot more choices when it comes to buying an electric car. Short-range EVs such as the Nissan Leaf and the BMW i3 have been around for years, and long-range, mass-market EVs like the Chevy Bolt and Tesla Model S have started to arrive.

Lockheed enhances capability of its Aegis missile-defense system

Top Finance News - Thu, 01/11/2018 - 9:04am

With this technology, the Aegis missile-defense system - a collection of radar stations and interceptors - will be simultaneously able to detect threats from longer distances and combat targets with reduced reaction time, the U.S. weapons maker said. In December, Japan decided to expand its ballistic missile defense system with Lockheed's ground-based Aegis in response to a growing threat from North Korean rockets. Japan intends to build two Aegis Ashore batteries that will likely cost at least $2 billion and are not expected to be operational at least until 2023.

Here's What Celgene's Management Just Said About Its Future

Top Finance News - Thu, 01/11/2018 - 9:00am

An optimistic outlook could spark interest in the large-cap biotech's shares.

How Safe Are Altria Group Inc (MO) and Its Dividend?

Top Finance News - Thu, 01/11/2018 - 8:47am

It all comes down to the length of your investing horizon.

Why the Earnings Streak Will Continue for NVIDIA (NVDA)

Top Finance News - Thu, 01/11/2018 - 8:39am

NVIDIA (NVDA) boasts a favorable Zacks Rank and a positive Earnings ESP, which is a great sign of a coming earnings beat.

Walmart is raising wages and issuing bonuses after tax reform (WMT)

Top Finance News - Thu, 01/11/2018 - 8:23am

Walmart is raising wages and issuing one time bonuses to employees. Walmart said it will raise the starting wage for its employees, and issue one time bonuses up to $1,000, as a direct result of the new US tax plan. Walmart is raising its starting hourly wage to $11, a move that will cost the company $300 million in addition to previously planned wage hikes.

Too hot to handle? Shell's Gaza gas field sale hits problems

Top Finance News - Thu, 01/11/2018 - 8:13am

It may prove to be Royal Dutch Shell's hardest sell. The Anglo-Dutch group is struggling to find a buyer for its gas field off the Gaza Strip, even among energy companies long used to dealing with projects fraught with political and security risks. At least one European company has shown interest in the undeveloped Gaza Marine field following a reconciliation deal in October between the two rival Palestinian factions, a source involved in the talks said.

Wal-Mart Raises Hourly Wage to $11 in Wake of Tax Overhaul

Top Finance News - Thu, 01/11/2018 - 8:01am

Wal-Mart Stores Inc. is boosting its starting hourly wage to $11 and delivering bonuses to employees, capitalizing on the U.S. tax overhaul to stay competitive in a tightening labor market.