Avie Schneider
Stories
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Technology
Apple Launches Video Streaming Service For $4.99 A Month
Apple is entering the video streaming race, taking on Netflix, Disney and others with a new monthly subscription of $4.99. The company also announced new iPhones, as their sales have been slowing.
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National
Google, YouTube To Pay $170 Million Penalty Over Collecting Kids' Personal Info
Google and its YouTube subsidiary are settling allegations that YouTube collected personal information from children without their parents' consent, the Federal Trade Commission said.
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Politics
Trade War Heats Up Again As China Sets Tariffs On $75 Billion In U.S. Goods, Autos
China says it will slap tariffs on autos and thousands of other U.S. goods. It's an escalation of a trade war that has rippled through the world economy and raised fears of a U.S. recession.
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National
With Jobs Numbers Like These, It's Hard To See Why The Economy Is Slowing
The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.
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Politics
No U.S.-China Trade Deal Yet; Talks To Resume In September
The White House called the brief talks in Shanghai this week between top U.S. and Chinese officials "constructive" and said negotiations are expected to pick up again in early September.
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National
U.S. Economy Slows: Trump's 3% Growth Pledge Now In Rearview Mirror
The U.S. growth rate fell to 2.1% in the second quarter amid a slowdown in exports. The Trump administration has targeted a growth rate of 3% or above, citing the Republican tax cuts passed in 2017.
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Law & Courts
FTC To Hold Facebook CEO Mark Zuckerberg Liable For Any Future Privacy Violations
Under a settlement with the Federal Trade Commission, the company will pay $5 billion and its co-founder could be subject to penalties if Facebook doesn't comply with the agreement.
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Business
As 737 Max Grounding Drags On, Boeing's Bottom Line Takes A Hit
Four months after its top-selling 737 Max airliner was grounded worldwide, Boeing announced a 35% drop in revenues and a loss of $2.9 billion in the second quarter.
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National
Equifax To Pay Up To $700 Million In Data Breach Settlement
The credit reporting agency will pay up to $700 million in fines and monetary relief to consumers over a massive 2017 data breach that affected more than 148 million people.
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Technology
Tech Firms To Face Lawmakers Over Antitrust, Digital Currency
Lawmakers in the Senate and House will question lobbyists and officials from Facebook, Google, Amazon and Apple on an array of issues, including whether they're so big they stifle competition.