business

Apple’s services slowdown in Q3 potential concern for investors

Apple CEO Tim Cook speaks at Apple’s Worldwide Developer Conference (WWDC) at the San Jose Convention Center in San Jose, California on Monday, June 4, 2018. Josh Edelson | AFP | Getty Images For over half a decade, Apple has been touting its services business as a growth engine that will make up for smart …

Apple’s services slowdown in Q3 potential concern for investors Read More »

Roku Wars of Trouble in the Ad Market. The Stock Is Way Down.

Text size Sales fell in Roku’s streaming player business. Justin Sullivan/Getty Images Roku is the latest casualty of a slowing ad market. Shares of the connected- television firm company fell after the streaming firm warned investors that a slowdown in advertising consumer spending would hurt sales. Roku (ticker: ROKU) reported a second-quarter net loss of …

Roku Wars of Trouble in the Ad Market. The Stock Is Way Down. Read More »

Biden shrugs off recession talk, talks up fighting inflation

WASHINGTON (AP) — President Joe Biden and his administration went all out Thursday to play down a troubling new economic report that added to the evidence of a recession, trying to pull focus instead to major progress on measures to tame inflation, reduce debt and preserve America’s competitive edge. The desire to accentuate the positive …

Biden shrugs off recession talk, talks up fighting inflation Read More »