President Donald Trump vowed to enact “at least” a 25% tariff on iPhones that are not manufactured and built in the United States — in a sharp warning to Apple CEO Tim Cook.
Read More Trump threatens 25% tariff on Apple after company shifts iPhone manufacturing to India
Elon Musk’s company Tesla said on Wednesday that it expects to achieve slight growth in vehicle deliveries this year and reported a higher-than-expected profit margin for the third quarter, sending shares up 5% after hours.
Read More Tesla Shares Soar After Company Announces Better-Than-Expected Profit Of $2B
Walgreens announced Tuesday that it plans to close 1,200 stores over the next three years as it looks to downsize.
Read More Walgreens Closing 1,200 Stores Over The Next 3 Years
American Water Works has reported an unspecified cyberattack on its IT systems on Monday, which supplies drinking water and wastewater services to over 14 million people.
Read More Water Supplier American Water Works Says It Was Hit By Cyberattack
Sports Brand Nike announced on Thursday, that CEO John Donahoe will retire after more than five years of being in charge of the company as the brand has struggled recently with sales and other competition.
Read More Nike CEO To Retire As Sportswear Company Sales Drop
Alaska Airlines has closed its $1 billion acquisition of Hawaiian Airlines which will remain as a separate brand.
Read More Alaska Airlines Closes $1.9B Purchase Of Hawaiian Airlines