Apple Unveils New iPhone
Airtime: Mon. Jun. 7 2010 | 1:40 PM ET
Apple unveiled a new version of the iPhone, which has more than 100 new features. Tech columnist Dan Ackerman shares his reaction.
Airtime: Mon. Jun. 7 2010 | 1:40 PM ET
Apple unveiled a new version of the iPhone, which has more than 100 new features. Tech columnist Dan Ackerman shares his reaction.
There will be a correction in the stock market “at some point,” Anthony Fry from Evercore Partners told CNBC Wednesday. But it’s unclear when that correction will occur, he added.
Insiders at Red Hat and CarMax are among the latest to trim stakes. Barrons.com’s John Kimelman reports.
West African-focused miner Randgold Resources reported a 79% jump in full-year profit, benefiting from high gold prices and record production. It plans to raise its full-year dividend by 30%. “It was a great year,” CEO Mark Bristow said Monday. “We strengthened our balance sheet through last year.”
Currencies are not the only tool with which Asian countries should use to control heavy capital inflows, Anoop Singh, Asia Pacific Director at the IMF tells CNBC’s Oriel Morrison
G20 finance ministers have thrown out the idea for group tax on the banking sector to pay for future crises, with emphasis instead on new capital requirement rules to keep that sector healthy. South Korea’s finance minister, Yoon Jeung-hyun, tells CNBC’s Chloe Cho what progress was made on “Too Big to Fail.”
“The Spanish economy is in a fix; the figures are really grim,” Robert Robinson from ICADE told CNBC Tuesday. The Spanish government has been going through an “ostrich syndrome” and hoping the problem will go away, but things will get worse before they get better, he said.