Tag: North America

Digital in yours hands

Apple and Amazon have fallen for 6 consecutive weeks. There could be more pain to come.

Text size People visit the Apple Store in Grand Central Station in New York. Michael M. Santiago/Getty Images Apple and Amazon.co.uk started the second week of May looking like stocks would extend their six-week losing streaks, the longest since before the pandemic. Over the past six weeks, Apple (ticker: AAPL) and Amazon ( AMZN) fell…
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Wait, Trader Joe was a real guy? | CNN Business

New York CNN Business — It turns out Trader Joe was a real guy, and his shrewd instincts led him to create a counter-cultural grocery store empire. Joe Coulombe, owner of a struggling convenience store in Los Angeles, decided in 1967 to open a chain of grocery stores to appeal to the small but growing…
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Amazon workers vote against New York labor campaign led by grassroots organization behind last month’s victory | CNN Business

CNN Business — The rank-and-file union that made history last month when it formed the first union at an Amazon warehouse in the United States lost a union election at a much smaller facility just across the street. the street. The election, held last week at the Staten Island sorting center known as LDJ5 and…
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Apple released another great quarter. The next might not be as good.

Text size Apple reported better-than-expected results on Thursday, despite a tough comparison to a year ago. Michael M. Santiago/Getty Images Apple managed to deliver another impressive earnings report. For the March quarter, the company exceeded expectations in almost every area, with strong successes for its iPhone, Mac and iPad businesses. As expected, Apple (ticker: AAPL)…
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Ford’s earnings were hit hard by Rivian. Wall Street is happy anyway.

Text size Ford shares have moved about 7% or 8%, up or down, on average after the past four quarterly reports. Justin Sullivan/Getty Images Ford engine reported first-quarter earnings slightly above Wall Street estimates. The outperformance was not significant, but the quarter seemed drama-free, and that was enough for investors in a drama-filled year. Ford…
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