AT&T, Verizon Raise Prices and Test Consumer Budgets

AT&T, Verizon Raise Prices and Test Consumer Budgets

AT&T, Verizon Raise Prices and Test Consumer Budgets

Blackberry stock slips after results top Street view

Blackberry stock slips after results top Street view

BlackBerry Ltd. shares ticked lower in the extended session Thursday after the cybersecurity and IoT company posted a slight beat to Wall Street expectations. BlackBerry  BB, +0.94% shares declined 1.5% after hours, following a 0.9% rise in the regular session to close at $5.37. The company reported a first-quarter loss of $181 million, or a … Read more

Apple Boosting Pay Budget for Workers Amid Tight Labor Market

Apple Boosting Pay Budget for Workers Amid Tight Labor Market

Apple Inc. AAPL 0.11% is boosting pay for workers amid rising inflation, a tight labor market and unionization pushes among hourly store employees. The iPhone maker on Wednesday told employees in an email that the company is increasing its overall compensation budget. Starting pay for hourly workers in the U.S. will rise to $22 an … Read more

Apple Looks to Boost Production Outside China

Apple Looks to Boost Production Outside China

TOKYO— Apple Inc. has told some of its contract manufacturers that it wants to boost production outside China, citing Beijing’s strict anti-Covid policy among other reasons, people involved in the discussions said. India and Vietnam, already sites for a small portion of Apple’s global production, are among the countries getting a closer look from the … Read more

Switzerland’s Central Bank Bought Apple, AMC, Tesla, and Rivian Stock

Switzerland’s Central Bank Bought Apple, AMC, Tesla, and Rivian Stock

Text size Apple stock is holding up better than the broader market. Gabby Jones/Bloomberg The central bank of Switzerland increased positions in some of its largest U.S.-traded equity investments in the first quarter. The Swiss National Bank bought stock of iPhone maker Apple (ticker: AAPL), movie-theater chain AMC Entertainment Holdings (AMC), and electric-vehicle makers Tesla … Read more