Apple acknowledges that it deliberately slows down some older iPhones as their batteries age. The company sayd its software "throttles" apps and processes, such as Snapchat filters, that require more computing power, in order to keep the phones from unexpectedly shutting down.
Another day., another health scare at Chipotle. The Los Angeles health department is investigating reports that customers got sick after eating at one of the chain's restaurants. Concerns sent Chipotle stock down more than 3 percent on Wednesday.
Some major corporations are already making good on President Trump's promise that corporate tax cuts will help middle-class Americans.
AT&T and Comcast say they will give employees a thousand dollar bonus following the passage of tax reform. Meanwhile, banking giants Wells Fargo and Fifth Third bank saying they'll raise the minimum wage they pay employees once the bill is signed into law.
A majority of Americans support higher pay for auto workers who are on strike against Detroit's Big Three carmakers, although approval of the workers' other demands is more mixed, according to a poll from The Associated Press-NORC Center for Public Affairs Research.
The ongoing United Auto Workers strike expanded Thursday in a major blow to Ford as the union ordered 8700 workers to walk off the job at the automaker giant's largest plant.
A retired bank official testified that former president Donald Trump obtained hundreds of millions of dollars in loans based on financial statements that have since been deemed fraudulent.
