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PRESS DIGEST- New York Times business news – June 2
June 2 (Reuters) – The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. – The outbreak of protests and riots during the weekend roiled retailers of all stripes, adding new stress to an industry that has already been… Read More
Apple Cuts iPhone Prices in China To Push Sales As Country Reopens Economy
Apple Inc. (NASDAQ: AAPL) has cut prices on the latest iPhone models in China. This comes ahead of a big online shopping festival with the Chinese economy picking up steam after COVID-19 lockdowns. What Happened Apple’s channel partner’s Alibaba Group Holding Ltd (NYSE: BABA) owned e-commerce website Tmall, and JD.com Inc. (NASDAQ: JD), an official… Read More
Tuesday’s News Links
[Reuters] Asia stocks make cautious gains as China worries slow recovery rally [Reuters] U.S. companies issue shares at fastest rate ever, selling the rally [CNBC] Trump threatens to deploy military as George Floyd protests continue to shake the U.S. [Reuters] Explainer: Can Trump send the U.S. military to quell violence at protests? [CNBC] Coronavirus live updates: States accelerate reopening plans;… Read More