Apple isn’t innovating with the iPhone like it used to

Apple isn’t innovating with the iPhone like it used to8:59 AM ET Sat, 12 Oct 2019Apple, the company that created the modern-day smartphone, is relying on technology that customers are already extremely familiar with, like cameras. It’s also taking a backseat when it comes to smartphone innovation. But could the company’s dedication to familiar technology benefit the iPhone lineup?


Apple isn’t innovating with the iPhone like it used to8:59 AM ET Sat, 12 Oct 2019Apple, the company that created the modern-day smartphone, is relying on technology that customers are already extremely familiar with, like cameras. It’s also taking a backseat when it comes to smartphone innovation. But could the company’s dedication to familiar technology benefit the iPhone lineup?
Apple isn’t innovating with the iPhone like it used to Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-12
Keywords: news, cnbc, companies, apple, used, oct, iphone, taking, relying, to859, isnt, technology, smartphone, familiar, innovating, modernday


Apple isn't innovating with the iPhone like it used to

Apple isn’t innovating with the iPhone like it used to

8:59 AM ET Sat, 12 Oct 2019

Apple, the company that created the modern-day smartphone, is relying on technology that customers are already extremely familiar with, like cameras. It’s also taking a backseat when it comes to smartphone innovation. But could the company’s dedication to familiar technology benefit the iPhone lineup?


Company: cnbc, Activity: cnbc, Date: 2019-10-12
Keywords: news, cnbc, companies, apple, used, oct, iphone, taking, relying, to859, isnt, technology, smartphone, familiar, innovating, modernday


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US says China tariffs scheduled to rise on Tuesday suspended; no decision on other tariffs

Trump says the US has come to a substantial phase one deal with…Mnuchin said that the U.S. won’t impose a new round of tariffs on imports of Chinese goods, which were set to go into effect Oct. 15. Politicsread more


Trump says the US has come to a substantial phase one deal with…Mnuchin said that the U.S. won’t impose a new round of tariffs on imports of Chinese goods, which were set to go into effect Oct. 15. Politicsread more
US says China tariffs scheduled to rise on Tuesday suspended; no decision on other tariffs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: tucker higgins
Keywords: news, cnbc, companies, round, set, impose, china, phase, withmnuchin, trump, rise, suspended, decision, oct, wont, substantial, scheduled, tariffs


US says China tariffs scheduled to rise on Tuesday suspended; no decision on other tariffs

Trump says the US has come to a substantial phase one deal with…

Mnuchin said that the U.S. won’t impose a new round of tariffs on imports of Chinese goods, which were set to go into effect Oct. 15.

Politics

read more


Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: tucker higgins
Keywords: news, cnbc, companies, round, set, impose, china, phase, withmnuchin, trump, rise, suspended, decision, oct, wont, substantial, scheduled, tariffs


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US House committee chief Adam Schiff says will ‘accelerate’ impeachment probe

Trump says the US has come to a substantial phase one deal with…Mnuchin said that the U.S. won’t impose a new round of tariffs on imports of Chinese goods, which were set to go into effect Oct. 15. Politicsread more


Trump says the US has come to a substantial phase one deal with…Mnuchin said that the U.S. won’t impose a new round of tariffs on imports of Chinese goods, which were set to go into effect Oct. 15. Politicsread more
US House committee chief Adam Schiff says will ‘accelerate’ impeachment probe Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: kevin breuninger
Keywords: news, cnbc, companies, round, impose, phase, withmnuchin, trump, schiff, impeachment, committee, house, accelerate, wont, chief, substantial, oct, set, probe, tariffs, adam


US House committee chief Adam Schiff says will 'accelerate' impeachment probe

Trump says the US has come to a substantial phase one deal with…

Mnuchin said that the U.S. won’t impose a new round of tariffs on imports of Chinese goods, which were set to go into effect Oct. 15.

Politics

read more


Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: kevin breuninger
Keywords: news, cnbc, companies, round, impose, phase, withmnuchin, trump, schiff, impeachment, committee, house, accelerate, wont, chief, substantial, oct, set, probe, tariffs, adam


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US says troops in Syria came under Turkish fire; says area was ‘known by the Turks’ to have Americans present

Trump says the US has come to a substantial phase one deal with…Mnuchin said that the U.S. won’t impose a new round of tariffs on imports of Chinese goods, which were set to go into effect Oct. 15. Politicsread more


Trump says the US has come to a substantial phase one deal with…Mnuchin said that the U.S. won’t impose a new round of tariffs on imports of Chinese goods, which were set to go into effect Oct. 15. Politicsread more
US says troops in Syria came under Turkish fire; says area was ‘known by the Turks’ to have Americans present Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11
Keywords: news, cnbc, companies, present, withmnuchin, substantial, set, impose, phase, americans, turks, wont, tariffs, oct, area, trump, round, known, syria, came, turkish, troops


US says troops in Syria came under Turkish fire; says area was 'known by the Turks' to have Americans present

Trump says the US has come to a substantial phase one deal with…

Mnuchin said that the U.S. won’t impose a new round of tariffs on imports of Chinese goods, which were set to go into effect Oct. 15.

Politics

read more


Company: cnbc, Activity: cnbc, Date: 2019-10-11
Keywords: news, cnbc, companies, present, withmnuchin, substantial, set, impose, phase, americans, turks, wont, tariffs, oct, area, trump, round, known, syria, came, turkish, troops


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Chinese tourism growth slows as overseas travel loses its luster

BEIJING — The rapid growth of Chinese tourism took a bit of a breather during the latest week-long National Day holiday, government data indicate. “Golden Week data point to a slowdown,” Ting Lu, Nomura’s chief China economist, said in the title of a report distributed Wednesday. “As China’s economy has become increasingly reliant on consumption to drive its growth, data from ‘golden weeks’ have become a good barometer of China’s consumption growth trend.” Tourism growth slowed during another go


BEIJING — The rapid growth of Chinese tourism took a bit of a breather during the latest week-long National Day holiday, government data indicate. “Golden Week data point to a slowdown,” Ting Lu, Nomura’s chief China economist, said in the title of a report distributed Wednesday. “As China’s economy has become increasingly reliant on consumption to drive its growth, data from ‘golden weeks’ have become a good barometer of China’s consumption growth trend.” Tourism growth slowed during another go
Chinese tourism growth slows as overseas travel loses its luster Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: evelyn cheng
Keywords: news, cnbc, companies, tourism, chinese, travel, golden, loses, data, consumption, slows, day, days, growth, oct, overseas, week, holiday, million, luster


Chinese tourism growth slows as overseas travel loses its luster

XIAOSHAN AIRPORT, HANGZHOU, ZHEJIANG PROVINCE, CHINA: An outbound tourist group is waiting for check-in in front of the counter of China Customs. Chinese nationals have become the largest number of foreign tourists visiting other countries in 2015 as the number of outbound visitors crossed 120 million, registering an 11 million increase from last year.

BEIJING — The rapid growth of Chinese tourism took a bit of a breather during the latest week-long National Day holiday, government data indicate.

The seven-day vacation from Oct. 1 to Oct. 7 is dubbed “Golden Week” and is one of the few major government-mandated holidays in a country where personal vacation days are few. This year’s National Day was particularly significant domestically since it revolved around massive celebrations on Oct. 1 for the 70th anniversary of the Communist Party’s rule.

Chinese tourist sites received 782 million visits during the holiday, up well over 7% from last year’s 726 million, according to the Ministry of Culture and Tourism. But, that’s slower than reported growth of more than 9% in 2018, and down from a 10% increase in 2017.

Retail and food and beverage sales from Oct. 1 to Oct. 7 grew 8.5% to 1.52 trillion yuan ($212.7 billion), according to the Ministry of Commerce. While a solid figure, that’s a slower pace than the Commerce Ministry’s claims of nearly 10% or higher growth for previous years.

“Golden Week data point to a slowdown,” Ting Lu, Nomura’s chief China economist, said in the title of a report distributed Wednesday. “As China’s economy has become increasingly reliant on consumption to drive its growth, data from ‘golden weeks’ have become a good barometer of China’s consumption growth trend.”

Chinese authorities are trying to boost domestic consumption in an effort to support economic growth. Shortly after a major government meeting in March, authorities announced the May 1 Labor Day holiday would be extended by two days by swapping those working days with weekends, as is typical in China.

Tourism growth slowed during another golden week this year, the Lunar New Year holiday in February. Official numbers for overseas travel during that period were not clear about the actual rate of change.


Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: evelyn cheng
Keywords: news, cnbc, companies, tourism, chinese, travel, golden, loses, data, consumption, slows, day, days, growth, oct, overseas, week, holiday, million, luster


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Brexit deadline could be extended again, says UK lawmaker

With the European Union appearing lukewarm toward U.K. Prime Minister Boris Johnson’s latest Brexit proposal, the deadline for Britain to leave the bloc could once again be pushed back, according to a British lawmaker. The U.K. currently has until Oct. 31 to leave the EU. Britain’s departure has been pushed back multiple times from the original March 29 deadline, after British members of parliament thrice rejected former Prime Minister Theresa May’s withdrawal agreement. He said even though “the


With the European Union appearing lukewarm toward U.K. Prime Minister Boris Johnson’s latest Brexit proposal, the deadline for Britain to leave the bloc could once again be pushed back, according to a British lawmaker. The U.K. currently has until Oct. 31 to leave the EU. Britain’s departure has been pushed back multiple times from the original March 29 deadline, after British members of parliament thrice rejected former Prime Minister Theresa May’s withdrawal agreement. He said even though “the
Brexit deadline could be extended again, says UK lawmaker Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-04  Authors: yen nee lee, holly ellyatt
Keywords: news, cnbc, companies, johnson, lawmaker, extended, extension, oct, election, deadline, brexit, johnsons, prime, deal, minister


Brexit deadline could be extended again, says UK lawmaker

EU flags flutter on the day of Britain’s newly elected prime minister Boris Johnson’s debut in the House of Commons, outside the Houses of Parliament in London on July 25, 2019.

With the European Union appearing lukewarm toward U.K. Prime Minister Boris Johnson’s latest Brexit proposal, the deadline for Britain to leave the bloc could once again be pushed back, according to a British lawmaker.

The U.K. currently has until Oct. 31 to leave the EU. Britain’s departure has been pushed back multiple times from the original March 29 deadline, after British members of parliament thrice rejected former Prime Minister Theresa May’s withdrawal agreement.

If the EU doesn’t agree to Johnson’s proposal, it would have to once again delay the U.K.’s departure to avoid a no-deal Brexit, said Jitesh Gadhia, a member of the House of Lords, the upper chamber of the British parliament.

“If you think about it from the EU perspective and if you look at their choices: Do you seal a deal with Prime Minister Johnson now or do you actually roll the dice on an extension and election hoping that you might have a more favorable counterparty?” Gadhia told CNBC’s Tanvir Gill on Friday at the World Economic Forum in New Delhi, India.

He said even though “the omens aren’t great” on getting the EU to agree to Johnson’s deal, the bloc still appeared to be open to further negotiations.

Within the U.K., a majority of lawmakers want a deal and they have blocked Johnson from taking Britain out of the EU without a deal on Oct. 31. If no deal is in place by Oct. 19, Johnson is bound by law to ask the EU for a delayed departure date.

Another extension would pave the way to a general election in the U.K., according to James Smith, developed markets economist at Dutch bank ING.

“Once an Article 50 extension is secured, the countdown to a general election – perhaps as little as five weeks later – will almost certainly begin,” Smith wrote in a Wednesday note.

— CNBC’s Holly Ellyatt contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-10-04  Authors: yen nee lee, holly ellyatt
Keywords: news, cnbc, companies, johnson, lawmaker, extended, extension, oct, election, deadline, brexit, johnsons, prime, deal, minister


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Zuckerberg: Facebook would ‘fight’ Warren’s plan to break up Big Tech

Zuckerberg: Facebook would ‘fight’ Warren’s plan to break up Big Tech3:33 AM ET Wed, 2 Oct 2019CNBC’s Elizabeth Schulze runs through what you need to know about the leaked audio of Facebook CEO Mark Zuckerberg speaking at two internal meetings.


Zuckerberg: Facebook would ‘fight’ Warren’s plan to break up Big Tech3:33 AM ET Wed, 2 Oct 2019CNBC’s Elizabeth Schulze runs through what you need to know about the leaked audio of Facebook CEO Mark Zuckerberg speaking at two internal meetings.
Zuckerberg: Facebook would ‘fight’ Warren’s plan to break up Big Tech Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-02
Keywords: news, cnbc, companies, warrens, tech, fight, plan, runs, speaking, oct, big, facebook, schulze, break, tech333, zuckerberg, need


Zuckerberg: Facebook would 'fight' Warren's plan to break up Big Tech

Zuckerberg: Facebook would ‘fight’ Warren’s plan to break up Big Tech

3:33 AM ET Wed, 2 Oct 2019

CNBC’s Elizabeth Schulze runs through what you need to know about the leaked audio of Facebook CEO Mark Zuckerberg speaking at two internal meetings.


Company: cnbc, Activity: cnbc, Date: 2019-10-02
Keywords: news, cnbc, companies, warrens, tech, fight, plan, runs, speaking, oct, big, facebook, schulze, break, tech333, zuckerberg, need


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Singapore’s fake news law is ‘enabling’ free speech: Minister

Singapore’s fake news law is ‘enabling’ free speech: Minister12:32 AM ET Wed, 2 Oct 2019S Iswaran, Singapore’s minister for communications and information, says the country’s new law, which targets fake news, is about “enabling” free speech rather than “controlling” it.


Singapore’s fake news law is ‘enabling’ free speech: Minister12:32 AM ET Wed, 2 Oct 2019S Iswaran, Singapore’s minister for communications and information, says the country’s new law, which targets fake news, is about “enabling” free speech rather than “controlling” it.
Singapore’s fake news law is ‘enabling’ free speech: Minister Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-02
Keywords: news, cnbc, companies, enabling, minister1232, oct, free, targets, singapores, fake, law, minister, speech


Singapore's fake news law is 'enabling' free speech: Minister

Singapore’s fake news law is ‘enabling’ free speech: Minister

12:32 AM ET Wed, 2 Oct 2019

S Iswaran, Singapore’s minister for communications and information, says the country’s new law, which targets fake news, is about “enabling” free speech rather than “controlling” it.


Company: cnbc, Activity: cnbc, Date: 2019-10-02
Keywords: news, cnbc, companies, enabling, minister1232, oct, free, targets, singapores, fake, law, minister, speech


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The clock is ticking for taxpayers who filed for an extension

Julie Thurston | Getty ImagesIt’s cram time for entrepreneurs and other taxpayers with complicated income tax returns. That’s because the Oct. 15 deadline for taxpayers who filed for an extension with the IRS is right around the corner. Though these same taxpayers were able to get more time to work on their 2018 tax returns, they still needed to pay any taxes owed by April 15. It was the first time taxpayers submitted returns under the Tax Cuts and Jobs Act. For starters, investors in partnershi


Julie Thurston | Getty ImagesIt’s cram time for entrepreneurs and other taxpayers with complicated income tax returns. That’s because the Oct. 15 deadline for taxpayers who filed for an extension with the IRS is right around the corner. Though these same taxpayers were able to get more time to work on their 2018 tax returns, they still needed to pay any taxes owed by April 15. It was the first time taxpayers submitted returns under the Tax Cuts and Jobs Act. For starters, investors in partnershi
The clock is ticking for taxpayers who filed for an extension Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-28  Authors: darla mercado
Keywords: news, cnbc, companies, clock, returns, owners, irs, ticking, deduction, wait, income, oct, extension, taxpayers, filed, tax


The clock is ticking for taxpayers who filed for an extension

Julie Thurston | Getty Images

It’s cram time for entrepreneurs and other taxpayers with complicated income tax returns. That’s because the Oct. 15 deadline for taxpayers who filed for an extension with the IRS is right around the corner. Though these same taxpayers were able to get more time to work on their 2018 tax returns, they still needed to pay any taxes owed by April 15. If you’re on track to miss the Oct. 15 deadline, prepare to pay a 5% “failure to file” penalty, so try not to wait until the last minute.

“You would think most people going out to Oct. 15 would be better prepared, but no — they still get it in very close to the deadline,” said David Oransky, a CPA with Laminar Wealth in Chesterfield, Missouri. The 2018 tax season was a complicated one for accountants and filers. It was the first time taxpayers submitted returns under the Tax Cuts and Jobs Act. The new law nearly doubled the standard deduction, eliminated personal exemptions and put new limits on certain itemized deductions. A new 20% tax break for entrepreneurs — the qualified business income deduction — also came with its share of complexities, which led accountants to encourage those filers to ask for more time. Here’s what taxpayers should know if they’re about to hit that extension deadline.

Why the delay

Hero Images | Getty Images

Accountants pointed to a handful of factors around why filers are submitting late returns. For starters, investors in partnerships need to obtain Schedule K-1 from those businesses in order to file their own personal tax returns. These forms detail the investor’s share of income from the partnership — and they often don’t show up until late spring. Further, small-business owners — including the owners of those partnerships themselves — were eager to see if they were eligible for the new 20% qualified business income deduction. The regulations underlying this new deduction were in flux for most of 2018 and part of 2019.

The IRS proposed new guidance on this tax break in January 2019 and finalized a safe harbor for real estate owners in September. It was ultimately a better idea to wait for clarity, rather than rush the returns to the IRS in April, accountants said. “While we have an idea on a client’s situation as to whether they’re a trade or business, we were waiting until later for additional guidance,” said Chris Hesse, CPA and chair of the American Institute of CPAs’ tax executive committee. “We think your risk goes down if we wait as long as possible to file,” he said.

Planning takeaways

Hero Images | Getty Images


Company: cnbc, Activity: cnbc, Date: 2019-09-28  Authors: darla mercado
Keywords: news, cnbc, companies, clock, returns, owners, irs, ticking, deduction, wait, income, oct, extension, taxpayers, filed, tax


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Rent the Runway stops taking new customers as inventory and supply chain issues mount

Rent the Runway isn’t accepting any new subscribers or new event rentals at least until Oct. 15, as the clothing platform runs into a slew of inventory and supply chain issues and struggles to keep up with customers’ demands. We expect this upgrade to be completed by Oct. 15 or sooner, at which point you will experience much improved availability of styles.” She said Rent the Runway would be making “significant changes to our operation” in the coming weeks, promising customers “you should feel t


Rent the Runway isn’t accepting any new subscribers or new event rentals at least until Oct. 15, as the clothing platform runs into a slew of inventory and supply chain issues and struggles to keep up with customers’ demands. We expect this upgrade to be completed by Oct. 15 or sooner, at which point you will experience much improved availability of styles.” She said Rent the Runway would be making “significant changes to our operation” in the coming weeks, promising customers “you should feel t
Rent the Runway stops taking new customers as inventory and supply chain issues mount Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-09-27  Authors: lauren thomas
Keywords: news, cnbc, companies, runway, supply, rent, stops, issues, customers, company, inventory, taking, chain, mount, oct, delays, subscribers, current


Rent the Runway stops taking new customers as inventory and supply chain issues mount

Rent the Runway isn’t accepting any new subscribers or new event rentals at least until Oct. 15, as the clothing platform runs into a slew of inventory and supply chain issues and struggles to keep up with customers’ demands.

Co-founder and CEO Jenn Hyman sent an email to current subscribers on Friday morning that said, in part:

“I’m reaching out to further update you on delays that some of you have experienced in receiving your orders over the last few weeks. The delays, which began Sept. 13, are due to unforeseen issues associated with a significant software transformation that we are executing in our fulfillment operation. Our technical team is working to fix these issues as quickly as possible. We expect this upgrade to be completed by Oct. 15 or sooner, at which point you will experience much improved availability of styles.” …

“So that we can focus entirely on you, our current customers, while we fix these issues, we will not be accepting new subscribers or new event rental orders to be delivered before Oct. 15.”

Hyman said current subscribers could still expect shipment delays of an additional one to two days, up until Oct. 15, advising people to order “a few days in advance of your normal schedule.”

A representative from the company didn’t immediately respond to CNBC’s request for additional comment.

Last week, Hyman had sent an email to existing customers, as complaints started to roll in about out-of-stock sizes and late order deliveries. She said Rent the Runway would be making “significant changes to our operation” in the coming weeks, promising customers “you should feel this improvement within the next three weeks.”

The company had also recently started handing out upwards of $200 in cash to customers who never received their orders.

Business of Fashion reported earlier this week that Rent the Runway’s head of supply chain, Marv Cunningham, will be stepping down at the end of the month, amid the turmoil.

Rent the Runway earlier this year received a new round of financing that boosted its private-market valuation to $1 billion. The company has now raised more than $330 million.

The business, which offers monthly plans costing $89 and $159 — depending on the frequency of exchanging clothing and accessories — appeals to women who want to avoid wearing the same thing twice, or who want the flexibility to try new and designer brands.

Rent the Runway had been growing its physical footprint and opening more standalone locations, where women can swap out items and pick new ones, instead of having to wait on returns to be accepted via mail. It has also partnered with WeWork and Nordstrom to put drop-off boxes in some office and retail locations.

— CNBC’s Megan Graham and Angelica LaVito contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-09-27  Authors: lauren thomas
Keywords: news, cnbc, companies, runway, supply, rent, stops, issues, customers, company, inventory, taking, chain, mount, oct, delays, subscribers, current


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