Apple, Twitter Expected To Impress

EVERYTHING YOU NEED TO KNOW, RIGHT NOW. #IBTPulse Apple, Twitter Expected To Impress Two of the most-watched technology companies in the world announce quarterly earnings Tuesday. Apple is expected to once again put in a stellar showing, especially after the release of the iPhone 6S in September, but the outlook is less certain for the company's cash cow gadget. At Twitter, which is in the middle of a major overhaul, founder and returning CEO Jack Dorsey will be keen to impress Wall Street with a leaner crew, more features aimed at attracting users, as well as new advertising methods. Will The Federal Reserve Raise Interest Rates? Officials at the U.S. Federal Reserve will begin a two-day meeting Tuesday to debate and decide on the country's monetary policy. While the Fed will not announce its decision until Wednesday, analysts have predicted that the case for a rate hike has become weaker than ever, especially after China's central bank announced its sixth rate cut Friday, only a day after the European Central Bank decided to continue its stimulus program at least until December. Alibaba Expected To Invest In Google-Backed Magic Leap The Chinese e-commerce giant, which will also announce quarterly earnings Tuesday, is poised to lead a $1 billion funding round in Magic Leap, a secretive, augmented-reality startup -- one of the most talked about technology companies in the world that has yet to disclose what product it is working on. Alibaba is expected to pump in about $200 million into the company, which is reportedly set to raise $1 billion. India Woos African Economies In Challenge To China For four days this week, New Delhi is playing host to leaders from 54 African countries as Indian Prime Minister Narendra Modi seeks to exert India's influence in a continent pursued by China for years. While trade between India and Africa has nearly tripled in the past nine years to $70 billion, it is overshadowed by China's trade with Africa, which currently stands at $200 billion. HERE'S WHAT YOU MISSED LAST NIGHT. US Lawmakers Reach Budget Deal House Republicans reached a budget deal with President Barack Obama's administration around midnight Monday, averting a government shutdown and a potential debt crisis. The agreement will raise the federal debt ceiling until March 2017, taking the issue off the table until after the presidential elections. Indonesia Wants To Be Part Of TPP Trade Pact Southeast Asia's largest economy has expressed an interest in joining the U.S.-backed Trans-Pacific Partnership (TPP) trade deal, which will cover 40 percent of world trade, after the country's President Joko Widodo met with U.S. President Barack Obama in Washington. South Asia Earthquake Death Toll Climbs Monday afternoon's massive earthquake that struck northeastern Afghanistan and was also felt in Pakistan and India has so far claimed over 300 lives even as rescue operations continued in the affected areas. See Who's Violating US Environmental, Health And Safety Laws Since 2010, eight large corporations and their subsidiaries have coughed up over $1 billion in penalties for violating environmental, health and safety laws in the U.S. According to a new "Violation Tracker" database, British oil giant BP -- responsible for the disastrous 2010 oil spill in the Gulf of Mexico -- tops the list of violators, with over $25 billion in fines levied on it. 7 Hanover Square, 5th Floor, New York, NY 10004 © 2015 IBT Media Inc. All Rights Reserved. Please add ibtimes@ibtimes.tm00.com to your contacts Unsubscribe | Privacy Policy