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(Reuters) - J.P.Morgan on Tuesday became the second brokerage in two weeks to cut its forecast for Apple Inc's iPhone sales for the crucial holiday quarter as the global chip shortage and factory closures in Asia finally catch up to the technology giant.
LONDON (Reuters) - With electric car sales soaring and regulations increasingly favouring zero-emission vehicles, a flurry of announcements on Monday showed how the global auto industry has kicked into a higher gear as it races to speed past the fossil-fuel car era.
LONDON (Reuters) - Five members of the U.S. House Judiciary committee wrote to Amazon.com Inc's chief executive Sunday, and accused the company's top executives, including founder Jeff Bezos, of either misleading Congress or possibly lying to it about Amazon's business practices.
(Reuters) -Apple Inc on Monday announced two new MacBook Pro models that run on more powerful in-house chips, furthering its break from previous supplier Intel Corp and showing its strategy for setting its machines apart from the rest of the PC industry.
TAIPEI (Reuters) -Taiwan's Foxconn unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consumer electronics for Apple Inc and other tech firms.
(Reuters) - Michigan-based Our Next Energy, which is developing an advanced battery for electric vehicles, has raised $25 million from investors ranging from German automaker BMW to a clean technology venture firm headed by Microsoft co-founder Bill Gates, the young company said on Monday.
LONDON: Cost pressures, supply-chain chaos and a reopening letdown are set to plague Europe’s third-quarter earnings season, setting investors up for more disappointment than elation.
SAN FRANCISCO (Reuters) - An Apple employee who led fellow workers in publicly sharing instances of what they called harassment and discrimination at the company said on Thursday that she had been fired.
SEOUL (Reuters) - Apple Inc was on a collision course with South Korea on Friday over new requirements that it stop forcing app developers to use its payment systems, with a government official warning of a possible investigation into the iPhone maker's compliance.
NEW YORK: The S&P 500 and Nasdaq ended higher on Wednesday, led by gains in shares of big growth names like Amazon.com and Microsoft, but JPMorgan shares fell and weighed on the index even though the bank beat earnings expectations.