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Financial Performance
iPhone 15 Pro Owners Complain About Overheating Problems
The issue threatens Apple’s premium phones, a cash cow essential to its growth and profits. Source link
Rupert Murdoch to Step Down as Chair of Fox and News Corp
Murdoch will exit roles atop News Corp and Fox in November and will be appointed chairman emeritus. Source link
Talks Set to Resume in Detroit Amid Threat of Expanding Strike
Wages remain focal point, and investors already are sizing up the potential hits to the automakers’ bottom lines. Source link
San Francisco Office Market Shows Signs of Life
Sales are slowly materializing as some sellers are finally accepting much lower prices. Source link
Apple Counts on Wireless Carriers to Avoid an iPhone Slump
AT&T, Verizon and T-Mobile are returning to deep discounts on phones for customers who commit to top-tier plans. Source link
American Airlines Cuts Profit View as Pilots’ Contract Weighs on Bottom Line
What to Read Next Source link
SpaceX's Starlink Demonstrates Its Power but Still Needs Growth
Revenue at the satellite-internet business jumped to $1.4 billion last year but has fallen short of Musk’s financial projections. Source link
Apple Tests Limits for Most Expensive iPhones
The tech company is expected to raise prices by $100 on some premium models next week. Source link
Roku to Cut 10% of Staff to Rein In Rising Expenses
The streaming platform also projected fiscal third-quarter results ahead of its prior guidance. Source link
Tyson Foods Couldn't Produce Enough Chicken. Now It Has Too Much.
The company is closing chicken plants after some say it went too far in building up the business, which produces one-fifth of U.S. supply. Source