Bloomberg has learned that Apple Inc. doubled production of iPhones in India last fiscal year. This suggests Apple is accelerating efforts to cut its longstanding reliance on China as geopolitical tensions mount. Sankalp Phartiyal reports on Bloomberg Television.
Intel will receive $8.5 billion in grants and as much as $11 billion in loans from the US to help fund an expansion of its domestic semiconductor factories. Tom Mackenzie reports on Bloomberg Television.
European Union antitrust chief Margrethe Vestager discusses the European Commission’s decision to fine Apple Inc. €1.8 billion ($2 billion) for allegedly shutting out music-streaming rivals on its platforms. Apple is appealing the decision. Vestager has been focused…
CNBC’s Deirdre Bosa reports on news from Amazon’s former chief executive.
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USPS faces a huge $6.5 billion loss and declining mail volume. Critics point to mismanagement and call for urgent action. Read More: https://nextnewsnetwork.com/2023/11/16/uspss-10-year-plan-falters-amid-staggering-losses-a-glitch-or-sinking-ship/ #news
Matt Taylor, Jefferies analyst, and Dan Dolev, managing director at Mizuho Securities, join ‘The Exchange’ to discuss how new weight loss drugs could decline revenue for restaurant transaction platforms Toast Tab, and how weight loss…
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