Apple Inc
Eli Lilly says Indiana’s abortion law will lead the drugmaker to grow in other states
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Drugmaker Eli Lilly, one of the biggest employers in Indiana, said that the state’s newly passed law restricting abortions will cause the company to grow away from its home turf. […]
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Oil companies are giving back tons of cash — and other things we’ve learned this earnings season
A trader works at the New York Stock Exchange NYSE in New York, the United States, May 18, 2022. U.S. stocks plummeted on Wednesday as weak earnings from major retailers stoked concerns about the impact of inflation. Michael Nagle | Xinhua News Agency | Getty Images Source
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Tech industry’s critical policy issues likely tabled as Congress heads for recess
U.S. House Speaker Nancy Pelosi shakes hands with Senate Majority Leader Chuck Schumer at the start of a discussion with historians on how to “establish and preserve the narrative of January 6th” on the one-year anniversary of the attack on the Capitol in Washington, January 6, 2022. Al Drago | Pool | Reuters Congress is […]
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Unions are forming at Starbucks, Apple and Google. Here’s why workers are organizing now
For decades, union membership has been on the decline. Yet in the last few months, workers have been organizing at a pace this country hasn’t seen since the Great Depression. Amazon has captured headlines for union drives at its warehouses, including a successful effort on New York’s Staten Island. But activity is picking up elsewhere […]
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Taiwan’s trade with China is far bigger than its trade with the U.S.
Container trucks line up to enter the Port of Keelung in Keelung, Taiwan. Data show that Taiwan depends more on China for trade than it does on the U.S. Billy H.C. Kwok | Bloomberg | Getty Images BEIJING — Data show that Taiwan depends more on China for trade than it does on the U.S., […]
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Goldman Sachs, bank behind the Apple Card, says regulators are investigating its credit card practices
Goldman Sachs CEO David Michael Solomon attends a discussion on “Women Entrepreneurs Through Finance and Markets” at the World Bank on October 18, 2019 in Washington, DC. Olivier Douliery | AFP | Getty Images Goldman Sachs said that its credit-card business is being investigated by the Consumer Financial Protection Bureau over a range of billing […]
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Gadget season is here — new folding phones, watches and earbuds are coming
Apple launches the iPhone 13 in the UK Ming Yeung | Getty Images Apple, Google, Amazon, Samsung and other firms are teeing up for a busy fall filled with lots of new gadget launches. It’s like clockwork. Big tech companies launch the latest products, like phones, watches, or even robots and flying security drones, beginning […]
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Why this analyst believes advertising is the next big revenue driver for Apple
Advertising is the next revenue driver for technology giant Apple and the company is already making strides toward building it, according to Needham’s Laura Martin. “We believe advertising could be a meaningful upside driver for AAPL’s Services revenues and gross profit, especially based on AMZN’s success in growing its advertising business to $37B in 2022E, […]
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Pelosi’s Taiwan trip puts the world’s biggest chipmaker back in the spotlight of U.S.-China rivalry
Taiwan Semiconductor Manufacturing Company (TSMC) is the biggest contract chipmaker in the world. But it has been thrust in the middle of U.S.-China geopolitical tensions. logo displayed on the screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images U.S. House Speaker Nancy Pelosi may have left Taiwan but the visit has cast a spotlight […]
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As most streaming stocks struggle, Spotify stands out as a subscription success story
Spotify does not deserve the same treatment as other streaming companies, according to a growing number of people on Wall Street. “I think that is the most interesting name that people have completely written off,” LightShed Partners’ Rich Greenfield said last week on CNBC’s ” Squawk Box .” Shares of the streaming company are down […]
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