See Gwyneth Paltrow Alongside Identical Daughter Apple Martin, 15, in Rare Instagram Photo
See Gwyneth Paltrow with Daughter Apple MartinIn honor of the actress’s 47th birthday on Friday, pal Derek Blasberg posted a sweet photo of Paltrow cuddled up with her mom, Blythe Danner, and her 15-year-old daughter, Apple, whom she shares with ex-husband and Coldplay frontman Chris Martin.
Apple Inc shares traded at an all time high Friday after the tech giant removed a controversial app from its App store linked to the Hong Kong protests and traders bet that progress in U.S.-China trade talks could spur smartphone demand.
Apple said the HKMap.live app, which tracked the movements of police and protesters during Hong Kong's months-long clashes, will not longer be available on its App Store after CEO Tim Cook said it could be used to "maliciously target" Hong Kong police. The move follows sharp criticism from government officials in China, as well, who described the app as "poisonous" through an editorial in the state-controlled People's Daily newspaper earlier this week.
An ode to Canada tech stocks after $6 billion in value erased
The best performing sector in Canada has lost its mojo. After eight straight months in the green, tech stocks are now on pace for their first slump this year with about $8.3 billion in market value lost — making them the biggest losers in September. The rotation to value from growth sent stocks like Shopify Inc. on its longest losing streak on record. There was also BlackBerry Ltd.’s 30 per cent collapse this week after reporting a massive earnings miss and forecast cut. Shopify makes up a whopping 35 per cent of the S&P/TSX Information Technology Index, while BlackBerry has about a 3 per cent weighting. The slump in FAANG stocks after U.S.
"The app in question allowed for the crowdsourced reporting and mapping of police checkpoints, protest hotspots, and other information," Cook wrote in a statement. "On its own, this information is benign."
"However, over the past several days we received credible information, from the Hong Kong Cybersecurity and Technology Crime Bureau, as well as from users in Hong Kong, that the app was being used maliciously to target individual officers for violence and to victimize individuals and property where no police are present," he added.
Apple shares were rising 2.7% to change hands at $236.36 each, a move that extends the stock's year-to-date gain to just over 50% and gives it a market value of $1.068 trillion, just below the current $1.073 trillion of Microsoft Corp. .
Report: Chiefs optimistic Hill will be cleared to return vs. Texans
Tyreek Hill is reportedly speeding toward his return. There is "optimism" that the Kansas City Chiefs' star receiver will receive clearance to return for Week 6 after missing four games with a clavicle injury, according to NFL Network's Ian Rapoport. Rapoport added that Hill will undergo a scan on the injury Friday ahead of Sunday's important clash with the Houston Texans, a fellow AFC contender. "Similar to the Sam Darnold situation (with the New York Jets), feelings are one thing, but tests and scans are another thing," Rapoport said.
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Apple is also getting a boost from reports of a positive first day of talks between U.S. and Chinese trade officials in Washington Thursday, and hopes that a near-term agreement on smaller, easier-to-implement policy objectives could potentially freeze tariff increases set for later next week and again on December 15.
The December tariffs, in particular, would be significant for Apple as they would include a 15% levy on iPhones, tablets, laptops and range of consumer tech products made in China.
An August report from JP Morgan estimated that Apple cut iPhone component costs by between $30 and $50, which would help to partially mitigate tariff impacts. It's also sought to shift its manufacturing base out of China as aggressively as possible, among other potential offsets.
Is the World Economy Sliding Into First Recession Since 2009
The global economy is wobbling and whether it topples over is the big question in financial markets, executive suites and the corridors of power. Investors cheered Friday as the U.S. struck a partial trade agreement with China and there were even signs the U.K. may strike a divorce deal with the European Union. But the debate over how close the world is to its first recession since 2009 may soon start swirling again.There will certainly be discussions this week at the International Monetary Fund’s annual meeting in Washington. Bloomberg Economics’ global GDP tracker shows the pace of expansion has slowed to 2.
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Snow-removal company blacklisted by Montreal for charging for service it wasn't providing .
Sylvain Choquette inc. will not be allowed to bid on any new municipal contracts for a period of five years after an investigation revealed the company was falsely claiming to have added wooden extensions its dump trucks’ beds to collect more snow.Sylvain Choquette inc. will not be allowed to bid on any new municipal contracts for a period of five years after an investigation revealed the company was falsely claiming to have added wooden extensions its dump trucks' beds to collect more snow.