The market has been in denial about an "inflation wolverine" and could now face multiple bear markets, according to Bill Smead of Smead Capital Management.
CNBC's Andrew Ross Sorkin and Alex Sherman reported Thursday that Claure was preparing to resign from the company, citing people familiar with the matter.
Annual smartphone shipment grew 4% year on year to 1.39 billion handsets in 2021 even as the impact of Covid and a worldwide chip shortage hampered supplies.
A new ranking analyzed 118 countries for road trip factors, such as sights, road quality, gas prices and landscapes. Here are the five that came out on top.
Inflation hasn't hurt Apple's business, which reported rising gross margins in the December quarter, and Apple hasn't raised prices in response to inflation in the U.S.
The Kremlin has given its response to U.S. security proposals that were hand-delivered to Moscow, saying it believes Russian views had not been taken into account.
Meituan will now let users pay for offline services from hotels to movie theatre tickets with China's digital currency, known as the digital yuan or e-CNY.
Germany has provoked outrage in some quarters after it offered to supply 5,000 military helmets to Ukraine to help defend against a possible Russian invasion.
From the re-opening of bars and restaurants to the dropping of legal requirements for masks, many of Europe's biggest economies are now relaxing Covid rules.
Microsoft-backed OpenAI, the artificial intelligence lab that competes with Alphabet's DeepMind and Meta AI, says it has raised $250 million from investors.