Apple share price hits record August 19, 2014 Apple saw its share price soar today to $100.53, beating September 2012's record of $100.30. Analysts have been advising investors to put their money in Apple despite a strong run up as expectation mounts regarding the new iPhone, expected to be released on September 9. iTunes Chief Eddy Cue has called Apple's 2014 product releases [...]
Superbowl: NFL asks acts to pay to perform at halftime August 19, 2014 Artists don't expect to be paid for their performances at halftime during the Super Bowl. Being surrounded by the adoration of thousands and adored via television by millions is usually enough to entice the biggest names. Then again, everything is worth what someone is willing to pay for it. According to the Wall Street Journal, [...]
Standard Chartered banned from dealing with high-risk clients as part of $300m settlement August 19, 2014 For Standard Chartered (SC), $300m is not enough to sate the regulators. In addition to the settlement, the New York Department of Financial Services (DFS) has blocked the UK bank from dealings with certain high-risk clients, including some Hong Kong business customers and others in the United Arab Emirates. SC will also not be permitted [...]
Steve Ballmer steps down from Microsoft’s board August 19, 2014 Steve Ballmer, the Microsoft ex-chief executive behind one of the most impassioned rants ever captured on camera and uploaded to Youtube, has stepped down from the company's board. Ballmer's passing was announced last year, to be completed once Microsoft had found a successor, which they did in February. Satya Nadella was the anointed one. By stepping down from the [...]
Balfour Beatty share price leaps as Carillion raises merger offer August 19, 2014 Carillion has upped its offer for Balfour Beatty for a third time as the deadline looms for a potential mega-merger between the two construction firms. The renewed offer values Balfour Beatty at more than £2bn and offers shareholders a 58.27 per cent share in the new company, up on the previous offer of 56.5 per [...]
Independence for a healthy Scotland: Yes campaign focuses on national health service August 19, 2014 Scotland's First Minister Alex Salmond is focusing on the benefits that an independent Scotland could bring to the country's National Health Service. Saving the Scottish NHS from the effects of an increased private sector role in the English health service is now a top priority for Salmond, according to the FT. The fact [...]
US inflation hits the target as UK sees a dip August 19, 2014 The Federal reserve will be happy today: inflation in the US was 0.1 per cent in July, down from 0.3 per cent in June. Importantly that puts the annual rate at two per cent, right on the money. None of this is particularly surprising: analysts had forecast the US figures. The Fed's monetary policy decisions [...]
Swing Copters: The new game by Flappy Bird’s creator comes out on Thursday August 19, 2014 Deep breath: Dong Nguyen, the man behind Flappy Bird, says he is in the process of creating a new game. This version is called Swing Copters, and it will be available to download on Thursday. The previews released by Nguyen feel eerily familiar: whereas Flappy Bird players touched the screen to keep their feathered friend [...]
YouTube Music Key: Here’s what we know about Google’s music video subscription service to rival Spotify and iTunes August 19, 2014 Google is poised to launch its music streaming app to rival Spotify and Apple’s iTunes appear, according to details about the service that have apparently leaked online. Mooted for a summer release date when YouTube first announced its plans back in June, the service will be called “YouTube Music Key” and priced at $9.99 a month [...]
Former London Lehman Brothers workers will be paid their pensions in full August 19, 2014 Former employees of Lehman Brothers have won a battle to have their pensions paid in full, after The Pensions Regulator brokered a deal worth £184m with the remaining parts of the collapsed US investment bank. Under the deal, the scheme's 2,400 members, will receive £75,000 each. Back in 2010, two years after the bank's collapse, [...]