Us Stocks Subdued As Traders Weigh Apple Launch and Policy Outlook
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Apple Weighs Manufacturing in Indonesia Amid Diversification Drive
Apple will consider making some of its products in Indonesia, Chief Executive Tim Cook said, coming on the heels of a plan by the U.S. tech giant to ramp up investment in neighboring Vietnam.The Wall Street Journal - Tech - Apple -
Siemens and Bilt launch spatial computing electrician training on Apple Vision Pro
Siemens and Bilt have launched a spatial computing app to train electricians using the Apple Vision Pro mixed reality headset.VentureBeat - Tech - Apple -
Apple sends invites to May 7 launch event, new iPads expected
Apple will launch new products on May 7 in an online event, according to invites sent to the media on Tuesday.CNBC - Business - Apple -
Oil prices edge higher as traders weigh potential for disruptions to Middle East supplies
Oil prices were edging lower on Tuesday morning, with Brent futures retreating below $87 a barrel after posting its lowest finish in nearly a month in the previous session.MarketWatch - Business -
What Apple investors should make of stock’s ‘tricky setup’ ahead of earnings
Investors don’t necessarily need to “step in front of” earnings, but BofA says they could buy any pullback ahead of the “biggest WWDC ever.”MarketWatch - Business - Apple -
The rare earths mine becoming a bellwether for US minerals policy
Future of South Africa’s Phalaborwa site may depend on strength of Washington’s supportFinancial Times - Business -
US business group says policy ‘inconsistency’ hurting China investment
AmCham China highlights concerns about lack of regulatory clarity as Beijing seeks to shore up confidenceFinancial Times - Business - China -
US business group says policy ‘inconsistency’ hurting China investment
AmCham China highlights concerns about lack of regulatory clarity as Beijing seeks to shore up confidenceFinancial Times - World - China -
Philip Morris’s stock pulls back premarket as profit beats expectations but outlook misses
Philip Morris’ stock pulled back premarket Tuesday, after the seller of cigarettes and heated tobacco units beat first-quarter profit expectations but provided a downbeat second-quarter outlook.MarketWatch - Business -
Jim Cramer says Apple stock could go even lower but sees plenty of reasons it shouldn't stay down
The tech giant has time and time again proved the naysayers and bears wrong.CNBC - Business - Apple -
US and Philippines to take military drills into contested South China Sea
Expanded annual exercises likely to further strain ties with Beijing after clashes between coast guardsFinancial Times - World - China -
US and Philippine forces launch combat drills in the disputed South China Sea
American and Filipino forces have launched their largest combat exercises in years in a show of allied firepower that will include joint sails with the French navy and a ship-sinking drill near the disputed South China Sea that has alarmed BeijingABC News - World - China -
US and Philippine forces launch combat drills in the disputed South China Sea
American and Filipino forces have launched their largest combat exercises in years in a show of allied firepower that will include joint sails with the French navy and a ship-sinking drill near the disputed South China Sea that has alarmed BeijingABC News - Top stories - China -
Goldman Sachs moves senior banker to Paris in post-Brexit revamp
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continentFinancial Times - Business -
Goldman Sachs moves senior banker to Paris in post-Brexit revamp
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continentFinancial Times - Business -
Goldman Sachs moves senior banker to Paris in post-Brexit revamp
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continentFinancial Times - Business -
Electric cars switch out of fast lane
Also in this newsletter: sharp increase in military spending, Exxon speaks out to defend plastics, flying taxisFinancial Times - World -
The Latest | Failed rocket strike launched on US-led coalition forces base in Syria
A U.S. defense official said that a failed rocket strike was launched Sunday night at a base housing U.S.-led coalition forces at Rumalyn, Syria, marking the first time since Feb. 4 that Iranian-backed militias have attacked a U.S. facility in ...ABC News - World -
Commodity traders bet on big data and AI
Sector pushes to harness latest tech tools as competition from hedge funds intensifiesFinancial Times - Business -
The WSJ Dollar Index Rises 0.01% to 100.51
The dollar finished generally flat on Monday as risk sentiment improved, with investors awaiting U.S. data later this week.The Wall Street Journal - World -
Dollar Expected to Remain Strong
The dollar was weaker against major currencies and the WSJ Dollar Index was slightly lower.The Wall Street Journal - World -
Dollar Expected to Remain Strong
The dollar was weaker against major currencies and the WSJ Dollar Index was slightly lower.The Wall Street Journal - World -
The government’s Rwanda policy takes off
And, Huw Edwards resigns from the BBC on medical adviceBBC News - Top stories -
Shipping's Global Demand Downturn Is Proving Persistent
Freight forwarder Kuehne + Nagel says markets remain subdued despite a slight volume uptick in the first quarter.The Wall Street Journal - World -
‘Games are more important to Apple than ever’: what’s next for Apple Arcade?
The head of the company’s gaming subscription service explains its priorities as it anticipates the Vision Pro revolution, and tries to bring originality to a market still dominated by free to play mobile titles. When Apple launched its games ...The Guardian - World - Apple -
Why Apple is betting big on India
Apple has recently made an aggressive play to expand operations on both the manufacturing and sales front in India.CNBC - Business - Apple -
Novartis shares jump as drugmaker boosts outlook
Novartis shares rallied on Tuesday as the Swiss drugmaker raised its outlook for the year after seeing strong demand for heart and psoriasis drugs.MarketWatch - Business -
Biden’s energy policies are fuelling Trump’s campaign in Pennsylvania
A pause on new liquefied natural gas projects has angered the shale gas industry in a critical election swing stateFinancial Times - World - Joe Biden -
Biden’s energy policies are fuelling Trump’s campaign in Pennsylvania
A pause on new liquefied natural gas projects has angered the shale gas industry in a critical election swing stateFinancial Times - Business - Joe Biden -
Conservatives are misguided in embracing big government industrial policy
Manufacturing matters. But industrial policy of the type pushed by Rubio has failed and will continue to fail.The Hill - Politics -
Sources: Rory to return to PGA Tour policy board
Rory McIlroy, who resigned in November, is poised to return to the PGA Tour's policy board pending a vote, sources confirmed to ESPN.ESPN - Sports -
The Green Lobby vs. U.S. Foreign Policy
More Alaskan oil and gas could help right now.The Wall Street Journal - World -
FirstFT: Traders build up bets of Fed interest rate rise
Also in today’s newsletter, Ukraine aid and the opening of Trump’s trialFinancial Times - World - Federal Reserve -
Treasury yields fall after S&P surveys show U.S. economy losing some momentum
Yields on U.S. government debt slipped Tuesday morning after data showed that weaker demand weighed on the pace of expansion in business activity this month.MarketWatch - Business -
My Life Outside of the Apple Vision Pro
Apple's mixed-reality headset is impossible to ignore and, one WIRED writer finds, can create a wall of isolation between partners.Wired - Tech - Apple -
Looking for Prestige History Dramas? Try Apple TV+
Series such as “Franklin” and “Manhunt” have turned AppleTV+ into a home for a certain style of period stories.The Wall Street Journal - World - Apple -
China Orders Apple to Remove Popular Messaging Apps
WhatsApp, Signal and Telegram among apps cut from iPhone app store to comply with censorship demand.The Wall Street Journal - Tech - China -
Nordstrom Family Weighs Taking Retailer Private
The department-store chain has formed a special board committee and tapped bankers to consider a potential bid.The Wall Street Journal - Business -
Listen Live: Supreme Court weighs anti-camping ordinances aimed at homeless
The Supreme Court is weighing whether efforts to address homelessness in Grants Pass, Oregon, violated the Constitution's prohibition on cruel and unusual punishment.CBS News - Top stories -
Supreme Court weighs constitutionality of anti-camping ordinances
The Supreme Court heard arguments Monday over local laws to combat homeless encampments in Grants Pass, Oregon. The court will weigh whether the laws banning public camping violate the Eighth Amendment. CBS News' Carter Evans reports.CBS News - Top stories