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In this article AAPL Halfway through third-quarter earnings season, and there are two key catalysts:  Demand is strong. Cost inflation and supply-chain issues are the main headwind, but companies are learning to navigate through them.  In some cases, supply chain disruption has taken a serious toll. Apple CEO Tim Cook said supply chain issues had cost
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Photo by Mike Kline (notkalvin) | Moment | Getty Images Proposed legislation unveiled Thursday as part of Democrats’ $1.75 trillion social and climate spending plan would close a tax loophole for cryptocurrency investors. The Build Back Better Act would subject crypto transactions to “wash sale” rules, an anti-abuse measure that currently applies to stocks, bonds
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In this article AAPL Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed to larger-than-expected supply constraints on iPhones, iPads, and Macs.   Apple fell over 4% in extended trading.   “We had a very strong performance despite larger than expected supply constraints, which we estimate to
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Paige Montgomery with daughter Penelope Paige Montgomery Women have been disproportionately impacted by job loss during this pandemic, and mothers have been hit even harder.  Since February 2020, the economy has experienced a decline of nearly 5 million jobs — and women account for 57.5% of those losses, according to the National Women’s Law Center.
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In this article WH The CEO of Wyndham Hotels & Resorts told CNBC on Thursday that strong travel demand in the U.S. has helped the company shake off its pandemic-related slowdown. While some industries have had trouble bouncing back after Covid pandemic disruptions, business at Wyndham is “absolutely stronger than before the pandemic,” CEO Geoff
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In this article AMZN Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon will report third-quarter earnings after the market close on Thursday. Here’s what analysts are expecting: Earnings: $8.92 per share, according to analysts
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