U.S. Lost Out on iPhone Work 2012

U.S. Lost Out on iPhone Work 2012

Not long ago, Apple boasted that its products were made in America. Today, few are. Almost all of the 70 million iPhones, 30 million iPads and 59 million other products Apple sold last year were manufactured overseas.

Why can’t that work come home? Mr. Obama asked.

Mr. Jobs’s reply was unambiguous. “Those jobs aren’t coming back,” he said, according to another dinner guest.

Waiting for Greek Deal Euro Ends Lower As Investors

Waiting for Greek Deal Euro Ends Lower As Investors

Greece and its private investors appeared close to a deal to write down 50% of the face value of the country's debt by swapping existing bonds for new bonds with longer maturities and lower interest rates.

An agreement could send the euro higher, but traders were in a holding pattern until both sides reached a deal.

SECRET FACTS BEHIND Euro FALLS VS DOLLAR

SECRET FACTS BEHIND Euro FALLS VS DOLLAR

The Euro retreated from a two-week high against the dollar on Friday as investors took profits on a short-covering rally, but cautious hopes Greece may be nearing a deal to avoid a chaotic default may offer support.

The single currency was last down 0.4 percent at $1.2910, falling from a peak of $1.2986 hit in early London trade when it stopped just shy of the key $1.30 level. It remained well above last week's 17-month low of $1.2624.

United States in Black Friday

United States in Black Friday

Black Friday is one of the busiest shopping days in the USA. There are two popular theories as to why the day after Thanksgiving Day is called Black Friday. One theory is that the wheels of vehicles in heavy traffic on the day after Thanksgiving Day left many black markings on the road surface, leading to the term Black Friday.