1) Apple’s Apple Tech development system is being used to breach iPhones, giving hackers access to user data. But users who buy their apps from the Apple store do not have to worry.
2) Airbus is taking it’s A380 super jumbo airliner out of production as airlines turn away from the jumbo jets to concentrate on the smaller jet liners for service. The A380 is a double decker 544 passenger aircraft designed to challenge the Boeing 747, its first flight was in 2005 while the 747 first flew in 1967, however A380 never took hold because airlines preferred the smaller two engine aircraft.
3) Amazon announce it is canceling its plans to build its headquarters in New York, amidst quickly rising opposition by the people in Queens and local politicians opposed to the $2.8 billion dollar tax incentives to Amazon. This means the loss of potentially 25,000 new jobs for the New York area. Also, Amazon announced they will not reopen their search for a city, rather they will concentrate on their second headquarters in Virginia.
4) 14 FEB 19 Stock market closings:
Dow 25,439.39 down 103.88
Nasdaq 7,426.96 up 6.58
S&P 500 2,745.73 down 7.30
10 Year Yield: down at 2.66%
Oil: up at $54.45