(CNN) – Apple has announced plans to invest $500 billion in the U.S. over the next four years. The tech company said the investment will create 20,000 jobs. Monday’s announcement comes weeks after President Donald Trump imposed a 10% tariff on all imports from China. Most of Apple’s iPhones are manufactured in China. The multi-billion…
Walmart is pulling back its DEI programs amid backlash from a conservative activist. Robby Starbuck has led social media campaigns against companies for their DEI practices. Other companies that withdrew or toned down their DEI initiatives include Lowe’s and Ford. Walmart is the latest company to roll back its diversity, equity, and inclusion initiatives amid…
WASHINGTON (AP) — The Supreme Court on Wednesday seemed likely to keep alive a class-action lawsuit accusing Nvidia of misleading investors about its dependence on selling computer chips for the mining of volatile cryptocurrency. The justices heard arguments in the tech company’s appeal of a lower-court ruling allowing a 2018 suit led by a Swedish…
Good morning. As voters choose the next U.S. president, there’s a question of how the markets will react to the results. Analysts in the banking sector are weighing in. A report released on Nov. 1 by J.P. Morgan Wealth Management notes that following an election, volatility in the stock market may be elevated. However, since…