As COVID cases rise, China locks down despite criticism
[ad_1] The COVID-19 restrictions are at the heart of the unrest in China as the country grapples with a rising number of infections after years of quarantine policies. CNN reports…
Apple iPhone wait times have doubled to after Christmas, UBS says
[ad_1] It’s too late to buy an Apple iPhone 14 Pro or Pro Max in time for Christmas, as supply disruptions have caused wait times to double over the past…
Treasury yields waver as traders weigh up growth and Fed concerns
[ad_1] Bond yields recovered early declines as traders weighed worries about a COVID-19 lockdown in China against fears the Fed remains determined to tighten policy agressively. What’s happening The yield…
Apple warns that iPhone 14 Pro and Pro Max shipments will be affected by China production issues
[ad_1] Apple Inc. said Sunday that it now expects lower shipments of its high-end iPhone 14 Pro and iPhone 14 Pro Max devices than it did previously, as COVID-19 issues…
Alibaba and Nio among Chinese stocks surging as hopes build about potential reopening
[ad_1] U.S.-listed shares of Chinese companies were enjoying a sharp rally in premarket trading Tuesday as hopes built about a potential relaxation of the country’s severe measures meant to help…
Apple stock dips amid questions about iPhone production disruptions at Foxconn
[ad_1] Apple Inc. continues to be dogged by concerns about the pandemic’s impact on production after recent reports indicated that strict COVID-19 restrictions in China were affecting Foxconn, which manufactures…
Biden to get updated COVID booster Tuesday, will urge more Americans to get theirs
[ad_1] President Joe Biden will receive his updated COVID-19 booster shot Tuesday, and will encourage more Americans to get theirs, too. NBC News first reported the booster news, which was…
Patients are getting surgeries again, says J&J
[ad_1] Johnson & Johnson JNJ, +0.01% said surgical procedure volumes are returning to pre-pandemic levels in many parts of the world, a trend that cheered Wall Street and could bode…
Cineworld pretax loss narrowed after easing of COVID-19 restrictions
[ad_1] Cineworld Group PLC said Friday that its first-half pretax loss narrowed as revenue rose after the easing of remaining Covid-19 restrictions in the first quarter. The FTSE 250 cinema…
Las Vegas Sands and Wynn Resorts shares lead S&P 500 winners after Macau’s surprise new COVID-19 recovery plan
[ad_1] Shares of casino operators got a big boost Monday after Macau officials announced that an easing of pandemic-era travel restrictions would begin in the coming weeks. News surfaced over…
‘The pandemic is over,’ Biden says on ’60 Minutes’
[ad_1] ““The pandemic is over.”” “The pandemic is over,” President Joe Biden declared in a “60 Minutes” interview that aired Sunday. “We still have a problem with COVID. We’re still…
Fintech company Ocrolus co-authors study on how automation can reduce bias in lending
[ad_1] As regulators and banks ponder ways to correct unfair lending practices to people of color, fintech startup Ocrolus Inc. has taken part in a study that shows that automating…