Avie Schneider

Avie Schneider appears in the following:

Boeing Hits Pause On Forecasts As 737 Max Groundings Continue

Wednesday, April 24, 2019

The aircraft manufacturer said its profits fell 13 percent in the first quarter as it works through "this challenging time." Boeing said the 737 Max crisis has cost it $1 billion so far.

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Samsung Delays Launch Of $2,000 Folding Phone After Reviewers Find Broken Screens

Monday, April 22, 2019

The Galaxy Fold was due to go on sale this Friday, but reviewers discovered bulges, flickering and other problems with its 7.3-inch screen. Samsung says it plans to run further tests.

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Apple Debuts Streaming Video, Payment Card And News Subscription Services

Monday, March 25, 2019

As iPhone sales slow, Apple is rolling out Apple TV+, a service to compete with Netflix, Hulu and other streaming services. It's also offering a virtual credit card and a subscription news service.

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Boeing 737 Max, Involved In 2 Crashes, Is Fastest-Selling Plane In Company's History

Monday, March 11, 2019

The model has been involved in two deadly crashes in less than five months. An analyst says the crashes are unlikely to drastically affect Boeing's sales since the planes are ordered years in advance.

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U.S. Economy Loses Steam, Adding Only 20,000 Jobs Last Month

Friday, March 08, 2019

The economy added far fewer jobs than expected in February, a slowdown from much stronger gains in December and January. But the jobless rate fell to 3.8 percent, and earnings growth picked up.

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Amazon's Latest Retail Shift Means Closing 87 Pop-Up Kiosks

Thursday, March 07, 2019

The giant online retailer is closing all of its U.S. pop-up kiosks, which let customers try and buy gadgets such as smart speakers and tablets. It's the latest change in Amazon's retail strategy.

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Gap To Split Into Two Companies, With Old Navy As Separate Firm

Thursday, February 28, 2019

Gap also said it plans to close about 230 stores over the next two years. The moves are the latest signs of turmoil in the retail industry, as Sears and other chains struggle to stay afloat.

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Microsoft Workers Protest Army Contract With Tech 'Designed To Help People Kill'

Friday, February 22, 2019

They say Microsoft's contract "crossed the line" into weapons development for the first time and that the company is failing to inform its engineers "on the intent of the software they are building."

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Kraft, Oscar Mayer Brands Take A Massive Hit As Tastes Shift

Friday, February 22, 2019

The giant Kraft Heinz food company's stock dropped sharply Friday after it said its Kraft and Oscar Mayer brands are worth $15.4 billion less than previously stated.

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Tribune Publishing Recognizes 'Hartford Courant' Newsroom Union

Friday, February 15, 2019

The parent company of the Hartford, Conn., newspaper has agreed to recognize a new union representing nearly 60 journalists. The move comes just four days after they petitioned to unionize.

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'Hartford Courant' Journalists Petition To Unionize

Monday, February 11, 2019

Members of the Hartford, Conn., newsroom said they are petitioning for a union election while also asking Tribune Publishing, the paper's parent, to voluntarily recognize the union.

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U.S. Added 304,000 Jobs In January; Shutdown Boosted Unemployment To 4 Percent

Friday, February 01, 2019

Job growth picked up for the 100th consecutive month even as hundreds of thousands of federal workers were furloughed during the partial government shutdown. Wage growth held steady.

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Facebook, Google Draw Scrutiny Over Apps That Collected Data From Teens

Wednesday, January 30, 2019

In the latest revelation to raise privacy concerns, the Silicon Valley giants offered adults and teens gift cards for installing apps that would let the companies collect data on their smartphones.

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Fed Says U.S. Growth Is 'Solid,' Keeps Interest Rates Unchanged

Wednesday, January 30, 2019

The labor market continues to get stronger and the economy is growing at a solid rate, the Federal Reserve said. The central bank also said it will be patient as it decides on future rate increases.

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Jack Bogle, Father Of Simple Investing, Dies At 89

Wednesday, January 16, 2019

Bogle, the founder of Vanguard who created the first index mutual fund, died Wednesday, the firm said. He said investors should own a mix of bonds and stocks but shouldn't pay managers to pick them.

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A Warning About U.S. Credit Rating Could Signal Higher Interest Rates

Wednesday, January 09, 2019

A major credit rating agency is warning that a prolonged government shutdown could mean that it will reconsider the nation's AAA rating. That could lead to higher borrowing costs.

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U.S. Adds Stronger-Than-Expected 312,000 Jobs; Unemployment Rises To 3.9 Percent

Friday, January 04, 2019

The economy added 312,000 jobs in December — topping analysts' expectations of 180,000 jobs added. Unemployment climbed as more people felt confident enough to quit their jobs and look for new ones

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China Takes Wind Out Of Apple iPhone Sales

Wednesday, January 02, 2019

Apple cut billions from its revenue estimates amid slower sales in China. In August, Apple became the first private sector company worth $1 trillion, but its stock is down more than 30 percent.

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Trump Invites Congressional Leaders For Talks As Shutdown Continues

Tuesday, January 01, 2019

As the partial government shutdown continued into its second week, the president invited a bipartisan group of lawmakers to the White House for talks. "Let's make a deal?" Trump asked in a tweet.

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Oil Prices Jump After OPEC Agrees To Bigger-Than-Expected Production Cut

Friday, December 07, 2018

Ignoring pressure from President Trump to keep the oil flowing, OPEC, Russia and other producers have agreed to cut production. They hope to stem a 30 percent drop in oil prices in recent weeks.

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