Business

Business and economic news

57 articles• 57 total in category• Page 3 of 4

Fujifilm is raising camera prices by up to $800

Fujifilm is raising camera prices by up to $800

Fujifilm has announced significant price increases across its camera and lens lineup, impacting popular models like the X100VI and X-T5. The X100VI's price has jumped from $1,599 to $1,799, while the X-T5 now costs $1,899, up from $1,699. The high-end GFX100 II has seen the most dramatic increase,

Why Nintendo didn't raise the price of the Switch 2 (yet)

Why Nintendo didn't raise the price of the Switch 2 (yet)

Nintendo is raising prices on nearly all its US hardware ahead of August tariffs, a move signaling a risk-averse strategy. The price increases affect all original Switch models, various accessories, and even a motion-activated alarm clock. The exception is the upcoming Switch 2. This preemptive a

Verizon is upping its fees again

Verizon is upping its fees again

Verizon's April announcement of a three-year price lock on its plans is proving less comprehensive than advertised. While the company maintains the vast majority of customers will see increases of under 30 cents, internal documents and a Reddit thread suggest otherwise. A Verizon spokesperson, Ad

Nintendo Switch prices are going up after this weekend

Nintendo Switch prices are going up after this weekend

Nintendo announced Friday a price increase for its original Switch family of systems and select accessories. The adjustment affects the standard Nintendo Switch, Switch Lite, and Switch OLED models. Certain accessories for the upcoming Switch 2, some amiibo figures, and the Nintendo Alarmo will al

Apple shipped its 3 billionth iPhone

Apple shipped its 3 billionth iPhone

Apple CEO Tim Cook announced today that the company has sold three billion iPhones, a milestone achieved just four years after reaching two billion units. This remarkable growth underscores Apple's continued dominance in the smartphone market, despite facing recent criticism over its AI capabilitie

Apple says Trump’s tariffs are adding another $1 billion to its costs

Apple says Trump’s tariffs are adding another $1 billion to its costs

Apple's Tariff Burden Reaches $800 Million as Revenue Surges Apple CEO Tim Cook revealed Thursday that the company has already absorbed $800 million in costs due to President Trump's tariffs during the June quarter, slightly below the $900 million initially projected in May. This figure is expecte

Microsoft becomes the second $4 trillion company

Microsoft becomes the second $4 trillion company

Microsoft surpasses $4 trillion market cap, fueled by Azure's growth and AI investments. The software giant achieved this milestone for the first time in its fifty-year history, becoming only the second company after Nvidia to reach this valuation. This surge follows the revelation of record-break

Ford's planning a ‘Model T moment' for EVs on August 11th

Ford's planning a ‘Model T moment' for EVs on August 11th

Ford is poised to unveil a groundbreaking electric vehicle (EV) platform and a new vehicle design on August 11th in Kentucky, an event CEO Jim Farley has dubbed a "Model T moment." This announcement, foreshadowed by InsideEVs, comes as Ford's EV division reported a $1.3 billion loss. However, the

Microsoft reports strong cloud earnings, with Windows and Xbox up too

Microsoft reports strong cloud earnings, with Windows and Xbox up too

Microsoft's Fiscal Year 2025 Concludes with Strong Cloud Performance, Despite PC Market Headwinds Microsoft reported a robust fourth quarter, capping off its fiscal year 2025 with $76.4 billion in revenue and a net income of $27.2 billion. This represents an 18 percent increase in revenue and a 24

All of your international packages are about to get more expensive

All of your international packages are about to get more expensive

President Trump issued an executive order Wednesday eliminating the de minimis import exemption, ending duty-free entry for packages valued under $800 from all countries. This follows a similar action earlier this year targeting goods from China and Hong Kong. The change, effective August 29th, wi

Meta is playing the AI game with house money

Meta is playing the AI game with house money

Meta's stock soared over 10 percent Wednesday, fueled by unexpectedly strong second-quarter earnings and a bullish outlook on artificial intelligence. The company reported $47.5 billion in revenue, a 22 percent year-over-year increase, driven by a daily active user base nearing 3.5 billion across i

Layoffs hit CNET as its parent company goes on a buying spree

Layoffs hit CNET as its parent company goes on a buying spree

Ziff Davis, parent company of CNET, ZDNET, PCMag, and Mashable, is laying off 23 employees—15 percent of its unionized workforce. The cuts disproportionately impact CNET, where 19 journalists will lose their positions across finance, broadband, sleep, and the copy desk. Lifehacker, Mashable, and Z

Westpac boss sees case for rate cuts after fall in inflation

Westpac boss sees case for rate cuts after fall in inflation

Westpac, Australia's second-largest retail bank, reports an improving trend in loan arrears, with the bank anticipating future interest rate reductions.

Olympic aquatic centre may be cheaper than thought

Olympic aquatic centre may be cheaper than thought

Brisbane 2032's independent infrastructure authority has retracted earlier statements suggesting the aquatic centre's cost would exceed $1 billion.

Will a new national park protect Sydney’s chlamydia-free koalas?

Will a new national park protect Sydney’s chlamydia-free koalas?

While the state accelerates construction of 73,000 homes on the Cumberland Plain, crucial koala habitat protections are falling behind. Development of vital koala corridors and road crossings is lagging significantly, raising concerns about the impact on the vulnerable marsupial population.

ATO reviews decision to dump Keating tax bill

ATO reviews decision to dump Keating tax bill

The tax office said it would review a decision to write off more than $950,000 in penalties and interest owed by one of Paul Keating’s investment companies.