Pegatron Denies Falling iPad Mini Demand, Mother's Day Spending Soars, 1 WTC Spire Installed

Apple supplier Pegatron refutes reports claiming that falling iPad mini demand is to blame for the tech company’s expected 25 to 30 percent decline in second quarter revenue.

This year Mother’s Day spending is expected to reach $18.6 billion with the estimated average at $171, up 5% from last year.

The U.S. Postal Service announced a $1.9 billion loss over the second quarter.   

Installation of the silver spire atop New York City’s One World Trade Center was completed Friday morning, bringing the building to its full height of 1,776 feet.

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