Apple profit soars; Tariff threats; Tesla earnings
1. Apple profits: Apple sold essentially the same number of iPhones last quarter as it did a year prior, but sales and profits soared as it made more money from higher-priced devices.
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Huawei beats Apple in smartphone sales for the first time
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Reliable Sources: POTUS rallies show hostility toward press, others
Exec summary: Happy August! Or should I say, happy August? We shall see. I'm back from a few days up in Burlington, VT... Thank you, Oliver Darcy, for manning this letter while I was away... Now here's the day's media news...
This app works like Tinder -- for female friendships
One Friday night, Elva Carri wanted to go out dancing, but her friends were all too busy.
iPhone sales were flat but Apple's profit jumped 32%
Apple sold essentially the same number of iPhones last quarter as it did a year prior, but sales and profits soared as it made more money from higher-priced devices.
Apple is within striking distance of $1,000,000,000,000
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Place your bets: The NBA just struck a deal with a casino
The NBA is going all in on sports gambling.
Pampers and Charmin are getting more expensive
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Americans are rushing to invest in Switzerland
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The GDP report was great. Now what?
It's a big moment for the economy.
The $4.5 trillion experiment rattling markets
A series of mini-storms have swept financial markets around the world this year.
Facebook takes down suspected Russian network of pages
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US suspends trade benefit for Rwanda over used clothing
The Trump administration has suspended a benefit that allows Rwanda to export clothing to the United States without facing tariffs.
Customers got sick at a Chipotle in Ohio, and the stock is down 6%
Chipotle isn't having a very joyous National Avocado Day.
Interest rates are going up. Here's what to do
After nearly a decade of keeping interest rates at rock-bottom levels, the Federal Reserve has finally started raising the benchmark rate it charges financial institutions. That means banks are also raising rates they charge consumers.
MoviePass is raising its price and cutting access to blockbusters
MoviePass is making big changes in a bid to stay alive.
Half of the music group behind Kendrick Lamar and U2 is for sale. Who will bite?
The chance to own a piece of the music group behind Lady Gaga and Kendrick Lamar could lure big tech deeper into the streaming business.
Why men get the 'glamour work' assignments more than women
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Why gold is plunging despite market volatility
Gold is supposed to be a haven, a place for investors to turn during tumultuous times.
Amazon HQ2 bid is already paying off for some cities
Birmingham, Alabama's bid for Amazon's second headquarters wasn't enough to take first place, but it did earn the city its first fulfillment center from the tech giant.
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