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.

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Labor Dept.: 8.8M Job Openings at End of July
Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the second straight month, clear signs that the labor market is cooling in a way that could reduce inflation.
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