China-backed hackers may have infiltrated Apple’s iCloud
FBN’s Liz MacDonald breaks down reports of Apple’s iCloud hack in China and Staples probing a possible payment card data breach.
(Bloomberg) -- Boeing Co. has been in crisis mode ever since the near-catastrophic accident on a 737 Max 9 in early January — and there’s little sign it’s catching a break anytime soon as the next investigation looms — this time involving the flagship 787 Dreamliner model.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortHigh-Tech Trading Firms Race to Grab Bond Market TurfRussians Are Coming to Terms With Putin’s War in UkraineJack Dorsey Leaves Bluesky Board, Cal
(Bloomberg) -- US equity futures dropped as this month’s rally stalled amid a lack of catalysts. Treasury yields and the dollar rose.Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialOne Out of Every 24 New York City Residents Is Now a MillionaireAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackTrump’s Private Life Exposed in Intimate Stormy Daniels TestimonyContracts on the tech-heavy Nasdaq 100 fell 0.5% and those on the S&P 500 also slipped. Sho
While the top- and bottom-line numbers for Spirit Aerosystems (SPR) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Social Security payments may be subject to cuts. Here's what the timing looks like.
You won't believe the amount of money that the bottler intends to return to shareholders.
Investing in cheap stocks brings unique risks because there is usually a reason the companies are undervalued.
Uncertainty is the word of the day, in reference to the near-term economic future. Sentiment will hinge on the inflation numbers due out next week. March’s figure rose to 3.5%, and April’s job numbers showed a marked slowing in the labor market; that combination has stoked fears of stagflation. But – corporate earnings from Q1 are beating expectations, and the stock market has taken a turn for the better with the S&P 500 closing just below 5,200 yesterday. Economic strategists are still optimist
“Those people aren’t just being useless (and being coddled to think useless jobs actually matter—they don’t), but they are also taking money away from the rest of the workforce’s retirement programs.”
U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the matter told Reuters. Tesla’s Autopilot and Full Self-Driving systems assist with steering, braking and lane changes - but are not fully autonomous. While Tesla has warned drivers to stay ready to take over driving, the Justice Department is examining other statements by Tesla and Chief Executive Elon Musk suggesting its cars can drive themselves.
The e-commerce platform expects sales growth to slow in the current quarter. Revenue rose 23% in the first quarter.