Apple reports slumping iPhone sales as global demand weakens
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Gap Snaps Slump With Sales Gain
The company posted higher quarterly sales in an early sign that its new leader’s plan for turning around the beleaguered retailer is starting to pay off.The Wall Street Journal - Business -
Pending home sales in April slump to lowest level since the start of the pandemic
Pending home sales were down in every region of the country, but they fell hardest in the Midwest and West.CNBC - Business -
Pending home sales in April slump to lowest level since the start of the pandemic
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association of Realtors.NBC News - Top stories -
South African voters put weakened ANC in bind
Party might be forced into a coalition with radical left-wingers or a free-market groupFinancial Times - Business -
The best Apple MacBook for every type of user in 2024
Discover everything you need to know when purchasing a new Apple MacBook laptop.CBS News - Top stories - Apple -
Kompany demands aggression from Bayern
New Bayern Munich manager Vincent Kompany outlined his expectations for the Bundesliga side on Thursday.ESPN - Sports -
Chicago business-activity index weakens to lowest level in four years
Index drops to 35.4, well below 40.8 expectedMarketWatch - Business -
Global M&A lurches back to life
After a weak 2023, a recent flurry of deals is the latest sign of a revival in activity. However political uncertainty is holding back some takeoversFinancial Times - Business -
Apple Supplier STMicroelectronics to Build $5.4 Billion Chip Plant in Italy
STMicroelectronics is planning a new manufacturing plant in Italy for an investment of around $5.4 billion that will come with state support, as the chip maker jockeys for position in the semiconductor market’s recovery.The Wall Street Journal - World - Apple -
Apple iPad Air (M2, 2024) Review: Bigger and Slightly Brighter
Apple's lightweight tablet comes equipped with a faster processor, but it's the bigger screen that steals the spotlight.Wired - Tech - Apple -
Crockett defends capitalizing on Greene insult: 'There was a demand'
Rep. Jasmine Crockett (D-Texas) on Thursday defended fundraising off the “bleach-blonde, bad-built butch body” insult she directed at Rep. Marjorie Taylor Greene (R-Ga.) amid a heated exchange between the two lawmakers during a committee hearing ...The Hill - Politics -
Interest Relief for Households Will Be Slow in Coming Globally
Indebted households won’t see immediate improvement in their debt interest-servicing burden until next year at the earliest, even though central bankers are likely to start cutting rates later this year, Fitch Ratings says.The Wall Street Journal - World -
Global tourism is booming. These people would rather it wasn’t
Locals in some of the world's tourism hotspots say they are being overwhelmed. What can be done about it?BBC News - Top stories -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of 06/03/24ABC News - Entertainment -
JD Sports shares slump as retailer scrapes bottom end of profit guidance
JD Sports reported an 8% drop in its pre-tax profits, to £917 million, that saw it achieve the bottom end of its £915-£925 million guidanceMarketWatch - Business -
Dell Cites Rising AI Server Costs As Profits Slump
The computer maker said it would miss its earlier estimates for the current quarter, sending shares down sharply.Inc. - Business -
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Surging Demand Nearly Broke Their Businesses. What They Learned Is a Case Study in Resilience
When is too much of a good thing potentiallycatastrophic? These founders explain how they managed their customer relationships and supply chains after a surge of purchases.Inc. - Business -
Popular Apple And Beelink Mini PCs Are Even More Budget-Friendly Than Usual At Amazon
Mini PCs are a nice alternative to full-size desktops or laptops. They can be used with standard keyboards, mice, and monitors just like a regular desktop PC, but they're more affordable. Their small, compact size also makes them easy to fit on ...GameSpot - Tech - Apple -
‘Termination shock’: cut in ship pollution sparked global heating spurt
Sudden cut in pollution in 2020 meant less shade from sun and was ‘substantial’ factor in record surface temperatures in 2023, study finds. The slashing of pollution from shipping in 2020 led to a big “termination shock” that is estimated have ...The Guardian - World -
Global inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - World -
Frost on Trump conviction: Most Americans ready to move past 'global embarrassment'
Rep. Maxwell Frost (D-Fla.) commented on former President Trump’s recent conviction in his New York hush money case, saying most Americans are ready to move past “the global embarrassment that is Donald Trump.” “It’s a sad day for our country,” ...The Hill - Politics - Donald Trump -
Global cricket set for its biggest stage yet with ambition to break America
The T20 World Cup starts in the US this weekend and, while the Caribbean is hosting more games, there is little doubt where the potential for growth lies. Spread across six Caribbean countries and the United States of America, where some folks ...The Guardian - World -
Shares in Trump Media slump after former president convicted in hush money trial
Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, are slumping before the opening bell after former President Donald Trump was convicted in his hush money trialABC News - Tech - Donald Trump -
Shohei Ohtani's perfect remedy for a slump was comically bad Mets and their glove-tossing reliever
Dodgers manager Dave Roberts (probably) couldn't forecast this level of Mets ineptitude, but he did predict an Ohtani breakout in his pregame media scrum.Yahoo Sports - Sports - MLB -
Power for Sale: inside Europe’s Qatargate scandal
Our new podcast series investigates the fine line between influence and corruption in the European parliamentFinancial Times - Business -
The Fallout Board Game Is On Sale For A Great Price At Amazon
Prime Video's Fallout adaptation has led to a resurgence in popularity for the original video game series, but there's also another cool way to interact with the post-apocalyptic wasteland. Fantasy Flight Games' officially licensed Fallout board ...GameSpot - Tech -
Sony Days of Play Sale: Consoles, Games, and More
From games to consoles to accessories, Sony PlayStation gear is heavily discounted through June 12.Wired - Tech -
U.S. crude oil falls more than 1%, on pace for worst month of year as gasoline demand is soft
U.S. crude oil having its worst monthly performance since December.CNBC - Business -
Dell earnings show fervent AI demand, but margin talk sends stock sliding
Shipments of AI servers more than doubled sequentially to $1.7 billion.MarketWatch - Business -
Why Dell’s stock had its worst day since 2018 despite strong AI demand
Investors are “likely to get anxious relative to the cost of driving the strong revenue-growth trajectory,” according to JPMorgan.MarketWatch - Business -
Jim Jordan demands Bragg testimony following Trump hush money guilty verdict
House Judiciary Chair Jim Jordan (R-Ohio) said Friday he would demand testimony from Manhattan District Attorney Alvin Bragg (D) and another top prosecutors who worked on former President Trump’s hush money case. A post on the social platform X ...The Hill - Politics - Donald Trump -
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France is aiming to become a global AI superpower — but not without help from U.S. Big Tech
The Viva Technology conference in Paris last week was buzzing with talk about how far France has come as a leader in artificial intelligence.CNBC - Business -
Skydance Media submitted a sweetened bid for Paramount Global that Paramount directors are expected to review shortly.
Skydance Media submitted a sweetened bid for Paramount Global that Paramount directors are expected to review shortly.The Wall Street Journal - World -
Biden says Trump’s claim of rigged trial is ‘dangerous’ and ‘reckless’ in White House speech – live
The president said ‘Donald Trump was given every opportunity to defend himself’ and ‘no one is above the law’. While Donald Trump and his team argued for a change of venue for the New York hush money trial because Manhattan was so heavily ...The Guardian - World - Joe Biden -
VF Corp.’s stock rises after ex-Lululemon chief product officer joins Vans as global brand president
VF Corp.’s stock rises after ex-Lululemon chief product officer Sun Choe joins Vans as global brand president.MarketWatch - Business -
Saudi Arabia to sell $12bn worth of Saudi Aramco shares
Offering in world’s largest oil exporter to be set in range of SR26.7-SR29 as kingdom seeks fresh capitalFinancial Times - Business -
Hormel misses on sales as ‘whole-bird turkeys’ see significant weakness
Hormel Foods, the parent of food brands including Skippy, Spam, Dinty Moore and La Victoria, beat fiscal second-quarter earnings expectations and raised its full-year outlook as profit margins improved, but fell short on sales.MarketWatch - Business -
Best Buy’s stock surges as overall sales fall but laptop revenue rises
Best Buy pointed to a larger membership base and “improvements in our customer experiences.”MarketWatch - Business