Apple is issuing an apology to customers and offering a $50 discount on battery replacements for a year. The statement comes as the company faces a firestorm -- including several lawsuits -- after admitting it slowed down the performance of older iPhones as their batteries deteriorated. The discounted $29 batteries will be available to customers with an iPhone 6 or higher through December, 2018.
Netflix's latest original film may not be getting great reviews, but it appears people are still watching it. Some 11 million people viewed the Will-Smith-helmed "Bright" in the first three days since its release, according to Nielsen. That compares to the 3 million who watched the crown...and the nearly 16 million who tuned in for the second season of stranger things.
.The 90 million dollar movie, directed by the man behind the similarly panned "Suicide Squad," has brought in scathing reviews...but Netflix has already ordered a sequel.
Professional networking platform LinkedIn says it's laying off more than 700 workers and shuttering its China jobs app, in the latest round of tech industry downsizing.
Tyson Foods suffered a surprise loss in the second quarter, something not since 2009, and cut its sales forecast due to the cost of plant closures and layoffs.
Cheddar News checks in on what to look for on The Day Ahead as President Joe Biden meets with House Speaker Kevin McCarthy to look to resolve the debt ceiling debate. Earnings are also slated to be reported from companies including Airbnb, AMC Networks, Electronic Arts and Nintendo.
A study on the U.S. banking system found nearly 190 banks are at risk of failure. Preston D. Cherry, founder and president of Concurrent Financial Planning, joined Cheddar News to explain the process if you have a mortgage with a bank that collapses.
Americans have bet over $220 billion on sports with legal gambling outlets in the five years since the U.S. Supreme Court cleared the way for all 50 states to offer it.
Melissa Brown, managing director of applied research with Qontigo, joined Cheddar News to discuss a new start to the trading week as the market edged lower in a mixed-performance day. Investors also await the meeting between President Joe Biden and House Speaker Kevin McCarthy to look to resolve its debt ceiling debate.
Bobbi Rebell, chief financial officer of Financial Wellness Strategies and author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart, gives the top four reasons people struggle financially.
