Apple reportedly plans major expansion of iPhone production in India
Apple Inc. is planning a massive expansion of iPhone manufacturing in India, according to multiple reports Thursday. The Wall Street Journal reported Thursday night that Apple AAPL, +1.01% plans to make more than 50 million iPhones a year with its suppliers in India within the coming years, accounting for about a quarter of the tech […]
PGA Tour star Jon Rahm signs with Saudi-backed LIV
Jon Rahm of Spain celebrates making a putt for birdie on the 18th green during the final round of the 2021 U.S. Open at Torrey Pines Golf Course (South Course) on June 20, 2021 in San Diego, California. Sean M. Haffey | Getty Images Sport | Getty Images Golf superstar Jon Rahm officially signed on […]
‘I didn’t see how this could happen’: My brother drained $200K from my mother’s savings
I read and hear so much about adult siblings who always got along, but suddenly start fighting among themselves when they are about to inherit their parents’ estate. I didn’t see how this could happen to my family — until now. We’re not at that point, but things are getting tense. I am the middle […]
Lululemon (LULU) earnings Q3 2023
Black Friday shoppers at a Lululemon store at the Garden State Plaza in New Jersey. Mike Calia | CNBC Lululemon on Thursday said it saw strong third-quarter demand and a positive start to the holiday shopping season, but the retailer’s shares fell in extended trading after it gave a tepid fourth-quarter outlook. Here’s how the […]
National Retail Federation walks back key organized retail crime claim
The leading retail lobbying group has walked back a key claim about shrink, or inventory losses from various sources, after a news investigation revealed that the analysis was incorrect. The Friday retraction from the National Retail Federation underscores just how difficult it is for the industry to accurately measure the impact and source of inventory […]
How watching the Republican debates can make you a better investor
“We see what we want to see. Overcoming bias is a big step forward to investment success.” In a roundabout way, the Republican presidential debates could make you a better investor. The key is realizing that your assessment of the candidates’ performances is a function of your prior political beliefs. If you support Nikki Haley, […]
Biden administration asserts power to seize drug patents
President Joe Biden speaks about protecting Social Security, Medicare, and lowering prescription drug costs, during a visit to OB Johnson Park and Community Center, in Hallandale Beach, Florida, on Nov. 1, 2022. Kevin Lamarque | Reuters The Biden administration on Thursday opened the door to seizing the patents of certain costly medications from drugmakers in […]
Opinion: Do you support defense spending that creates U.S. jobs? Then Ukraine matters.
“Helping Ukraine helps American workers.” Sometimes the way issues are framed in Washington can seem backwards. Take the debate about providing military aid to Ukraine in its fight against Russia. Support for Ukraine is falling among Americans of both parties, according to a recent Reuters/Ipsos poll. It said that 41% of respondents agreed with a […]
Disney+ adding Hulu integration as streaming bundles accelerate
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney is beginning to roll out a Hulu integration on its Disney+ streaming platform in a bid to bundle subscribers. The full launch is expected March 2024, Disney […]
Aims to open nearly 9,000 restaurants
McDonald’s wants to open more than 8,800 locations and add 100 million members to its loyalty program by 2027. The targets are part of the fast-food giant’s long-term plans to grow sales across its already sprawling restaurant footprint. McDonald’s announced its new goals ahead of its investor day on Wednesday, as it looks to persuade […]
