How inflation will affect Apple

Wealthy customers will help Apple resist the effects of inflation

An employee arranges Apple iPhones as a customer shop at an Apple store. mike segar | Reuters The last time Apple faced an inflationary environment like this, it had been a public company for less than a year and its best-selling product was the Apple II home computer. In May, the annual inflation rate in … Read more

Wealthy customers will help Apple resist the effects of inflation

Wealthy customers will help Apple resist the effects of inflation

An employee arranges Apple iPhones as a customer shop at an Apple store. mike segar | Reuters The last time Apple faced an inflationary environment like this, it had been a public company for less than a year and its best-selling product was the Apple II home computer. In May, the annual inflation rate in … Read more

Google memo to employees on Roe v. wade overturn

Google memo to employees on Roe v.  wade overturn

Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the US Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Google sent a companywide email Friday about the historic Supreme Court ruling overturning Roe v. Wade, explaining employees in affected … Read more

Disney, Apple and Amazon keep waiting as NFL considers Sunday Ticket offers

Disney, Apple and Amazon keep waiting as NFL considers Sunday Ticket offers

DK Metcalf, of the Seattle Seahawks, during a Meet & Greet with DIRECTV NFL SUNDAY TICKET subscribers at the DIRECTV NFL SUNDAY TICKET Lounge on Saturday Feb. 1, 2020, in Miami, FL. Peter Barreras | PA Disney, Apple and Amazon have all submitted bids to become the new broadcast rights owner of the National Football … Read more

Amazon CEO acknowledges loss of Black leaders in internal memo

Amazon CEO acknowledges loss of Black leaders in internal memo

Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. david ryder | Bloomberg | Getty Images Amazon CEO Andy Jassy acknowledged losing two top Black executives, who led warehouses and transportation, in a company email Tuesday night. Jassy’s email sang the executives’ praises, adding that he’s “truly sorry to … Read more

Here are the best deals

Here are the best deals

Amazon Prime Day is one of the most anticipated shopping events of the year. But in 2022, shoppers may be less interested in backyard entertaining or Black Friday-type deals and more eager to score discounts on consumer staples to counteract runaway inflation. “People who want to participate in Prime Day are going to be focusing … Read more

Coinbase lays off 18% as execs prepare for recession, ‘crypto winter’

Coinbase lays off 18% as execs prepare for recession, 'crypto winter'

Coinbase Founder and CEO Brian Armstrong attend Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices. The cryptocurrency exchange will cut 18% of full-time jobs, according … Read more

5 things to know before the stock market opens Friday, June 10

5 things to know before the stock market opens Friday, June 10

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street turns decisively lower after another hot inflation report Traders work on the floor of the New York Stock Exchange NYSE US stock futures turned sharply lower after Friday’s before-the-bell inflation report showed a bigger-than-expected increase. … Read more

Why Franchise Group wants to buy Kohl’s and what could happen next

Why Franchise Group wants to buy Kohl's and what could happen next

Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images A little-known conglomerate of companies including the Vitamin Shoppe, Pet Supplies Plus and a home furnishing chain called Buddy’s is suddenly the talk of the retail industry. Franchise Group, a publicly traded business with a market capitalization of about $1.6 … Read more

Amazon consumer chief Dave Clark to join Flexport as its new CEO

Amazon consumer chief Dave Clark to join Flexport as its new CEO

Dave Clark, Amazon’s senior vice president of worldwide operations. Lindsey Wasson | Reuters Supply chain software start-up Flexport has tapped Dave Clark, Amazon’s worldwide consumer chief, to serve as its new CEO. Clark will take the helm at Flexport on Sept. 1, Flexport announced Wednesday. Flexport founder and CEO Ryan Petersen will transition into the … Read more