Apple apologizes for slowing iPhones, offers discounted batteries

Apple on Thursday apologized to its customers for slowing down performance of older iPhone models and said it would discount replacement batteries for some of its handsets. The move by Apple responded to an uproar from iPhone users — and a series of lawsuits — after news of the battery problems stoked concerns the company was… Please follow and like us:

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Trump Touts Progress on Rolling Back Federal Regulations

With the ceremonial flourish of oversized golden scissors slicing a giant piece of red tape, U.S. President Donald Trump symbolically cut through decades of regulations on Thursday. “So, this is what we have now,” the former reality television program host said, gesturing toward a 190-centimeter-high pile of what was said to be 185,000 sheets of paper.… Please follow and like us:

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Tesla was under federal investigation over Model 3 and may still be, report says

PALO ALTO, Calif. — The Securities and Exchange Commission investigated Tesla over how it was selling its Model 3 sedan, but the company didn’t tell investors about it, and may still be under federal investigation, according to a new report. The firm led by CEO Elon Musk was under investigation by the securities regulator from June… Please follow and like us:

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Qualcomm Trying To Get iPhone X Banned In US

A new set of legal filings from telecommunications equipment maker Qualcomm in its ongoing court battle with Apple will seek to ban the sale of iPhone X offered by multiple carriers in the United States. According to the three new lawsuits filed by the company this week, Qualcomm has accused Apple of infringing on 16 separate… Please follow and like us:

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Mick Mulvaney seeks more Trump appointees to help him ‘refocus’ consumer bureau

Interim Consumer Financial Protection Bureau Director Mick Mulvaney said Thursday that he wants to bring more Trump political appointees on board at the agency as he pores over its books and considers halting dozens of pending cases targeting businesses. “We’re trying to get help over here,” Mr. Mulvaney told The Washington Times in an interview. “It’s… Please follow and like us:

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Equifax puts price tag on massive data breach: $140 million

The Equifax data breach that compromised the personal information of roughly 145 million Americans this year will likely cost the company upwards of $140 million in 2017, according to the credit rating agency. Equifax said in a fourth-quarter profit outlook released Friday that it expects the data breach disclosed in September will hurt sales and result… Please follow and like us:

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Los Angeles Times, other news outlets file lawsuits to obtain Las Vegas shooting records

LOS ANGELES — Attorneys representing a consortium of news outlets including the Los Angeles Times filed two lawsuits in Nevada on Wednesday night asking officials to turn over law enforcement records related to the Oct. 1 massacre in Las Vegas that left 58 people dead. A month after the shooting, many questions remain unanswered about why… Please follow and like us:

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Here Are Some Of The People Behind Skyrocketing Drug Prices

Why do Americans continue to pay the highest prices for medicine in the world? The answer lies in the fact that lawmakers have sculpted specific policies, often not found in many other nations, that boost pharmaceutical industry profits. Meanwhile, the drug industry has spent $61 million on state elections and nearly $67 million on federal elections… Please follow and like us:

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Deutsche Bank hopes to mount comeback with surge in profit

Frankfurt (dpa) – Deutsche Bank posted a surge in first-quarter profit on Thursday as it attempts to mount a turnaround in its financial fortunes after two tough years marked by costly lawsuits and weak earnings resulting from low interest rates. Frankfurt-based Deutsche said net profit more than doubled to a higher-than-forecast 575 million euros (626.4 million… Please follow and like us:

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