Apple CEO Tim Cook attends the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 26, 2018. Jason Lee | Reuters Factories in China, the center of the electronics industry’s supply chain, have been closed for an extended Lunar New Year holiday and the outbreak of the […]

CEO Of Netflix, Reed Hastings, attends the red carpet during the Netflix presentation party at the Invernadero del Palacio de Cristal de la Arganzuela on April 4, 2019 in Madrid, Spain. Juan Naharro Gimenez | Getty Images For the first time, Netflix has published the number of requests it’s received from governments to remove content […]

Motorola Razr with folding display Motorola Verizon on Thursday officially launched the Moto Razr. It’s a new twist on the popular Motorola Razr V3 that first launched in 2004 and quickly became one of the most popular flip phones of the early 2000s. The latest version has a foldable screen, similar to the one introduced […]

The IRS updated the fleet-average and vehicle cents-per-mile valuation rules described in Regs. Secs. 1.61-21(d) and (e), respectively, to align the limitations on the maximum vehicle fair market values (FMVs) for use of these special valuation rules with recent statutory changes made to the depreciation limitations in Sec. 280F (T.D. 9893). The regulations finalize, without […]

Check out the companies making headlines before the bell: Clorox (CLX) – The household products maker beat estimates by 15 cents a share, with quarterly earnings of $1.46 per share. Revenue also topped estimates and Clorox raised its full-year outlook as cost savings and price increases made up for increased costs. McKesson (MCK) – The […]

Check out the companies making headlines before the bell: Las Vegas Sands (LVS), Wynn Resorts (WYNN) – These will be among casino stocks on watch, on news that gambling revenue in Macao fell a worse-than-expected 11.3% amid the spread of the coronavirus. Delta Air Lines (DAL), American Airlines (AAL), United Airlines (UAL) – These and other […]

Apple staff (red t-shirt) and a customer (R) wearing protective facemasks are seen inside of an Apple store in Beijing on January 30, 2020 NICOLAS ASFOURI Apple’s decision to temporarily shutter its stores in China as a result of the new coronavirus could delay up to 1 million iPhone sales but is unlikely to have […]

DETROIT – General Motors is playing to its strengths from a profitability and product standpoint by resurrecting Hummer as an all-electric vehicle under its GMC truck and SUV brand, according to officials. The automaker is attempting to cash-in on the reputation of an already-established brand while removing any “negative baggage” of the gas-guzzling, environment-harming Hummers […]

Secretary of Health and Human Services Alex Azar and members of the Trump Administration’s Coronavirus Task Force hold a press briefing at the White House on January 31, 2020 in Washington, DC. Sarah Silbiger | Getty Images U.S. health officials have instituted a mandatory 14-day quarantine of Americans traveling from China, starting this Sunday, marking […]

Sen. Bernie Sanders holds a campaign rally in Detroit, October 27, 2019. Rebecca Cook | Reuters Bernie Sanders has jumped into a virtual tie with Joe Biden nationally just before the first nominating contests in the 2020 Democratic presidential primary, according to an NBC News/Wall Street Journal poll released Friday. The Vermont senator has the […]