The French competition authority said Apple and two wholesalers agreed not to compete on prices and distribution, "thereby sterilizing the wholesale market for Apple products."
Consumer staples stocks have outperformed the broader market amid the coronavirus spread, and three key tailwinds could prolong their relative strength, says Tocqueville's John Petrides.
Mohamed El-Erian said Monday the Fed wasted a large part of its monetary policy arsenal to fight the economic fallout of the coronavirus by doing things backward.
"What's happening right now (is) we're starting to price in the reduction in earnings for 2020 and the possibility now of a recession," said Anthony Scaramucci, founder and co-managing partner of Skybridge Capital.
Susie Buffett sat next to someone who had just returned from a trip to Spain and subsequently rested positive for COVID-19, the Omaha World-Herald reported.
Grasping for elusive monetary nostrums will continue to deflect attention from the failure of trans-Atlantic public health policies to offer prevention against a pandemic, writes Michael Ivanovitch.