New York CNN — Former President Donald Trump said he no longer has four cell phones identified by the New York attorney general’s investigation into the Trump Organization’s finances but has turned over his personal phone to be searched as he tries to convince a state judge to lift a civil contempt ruling that so […]
Textsize Apple’s flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin Frayer/Getty Images Manzana stock is in a sorry state, trading now below a price that investors couldn’t resist before—a price that felt it higher in the past several months. This new price—roughly $142 a share on Thursday—is, of course, bad […]
By Stuart Condie SYDNEY–Cloud-accounting software provider Xero Ltd.’s users are more concerned about a shortage of skilled labor than inflation or rising interest rates, Chief Executive Steve Vamos said. New Zealand-based Xero increased staff by 31% over the 12 months through March but its employee costs rose by 34% against the backdrop of what it […]
Google announced several new gadgets during its I/O developer conference on Wednesday, including its long-awaited Pixel Watch, a new budget Pixel 6a phone and headphones. It also teased its flagship Pixel 7 phone, which is coming this fall, and said it’s working on a new tablet. Hardware isn’t a key part of Google’s business, but […]
Unity Software Inc. executives thought they had found a way to avoid fallout from changes in Apple Inc.’s mobile operating system. It turns out they were wrong, and Wall Street punished Unity U, -35.25% stock for it Wednesday. Shares shed more than a third of their value, worth roughly $5 billion in market capitalization, and […]
Lenovo Legion 7photo: Florence Ion/Gizmodo Lenovo is best known for its ThinkPad business laptops, but its Legion series has birthed some of the best gaming systems I’ve used in the past few years. Today, the laptop maker is replacing the old with a new fleet consisting of the Legion 7 and Legion Slim 7, each […]
Citizens Financial Group Inc. launched its Citizens Pay iPhone upgrade plan in 2015 as an early form of the buy-now-pay-later concept that’s in vogue in the payments space. The idea was to take the Citizens CFG, -0.96% brand as a credit provider and combine it with Apple’s AAPL, +1.61% iPhone to help customers avoid waiting […]
A so-called hard landing of the US economy is not going to happen. It’s a false fear. We may have a bumpy landing, but the odds of hard landing — a possible recession — are low for the reasons below. If I am right, it confirms what extremely negative sentiment is already telling us: Stocks […]
Another turnaround Tuesday may be in the cards after a litany of concerns including stagflation dragged the S&P 500 SPX, +1.00% below 4,000 for the first time since 2021. As investors try to regroup from the worst three-day stock stretch in two years, one more hard day of selling for the S&P might be a […]