Intel's CEO in the crosshairs after news he sold $24 million worth of stock after the company learned of a security flaw in its flagship product. Plus Tesla only delivered 1,550 Model 3s in the fourth quarter, well below estimates.
Plus the eastern U.S. is getting hammered by the "bomb cyclone." We break down the science behind this historic storm.
And drama is heating up in Washington, after the president lashed out against Steve Bannon and former campaign manager Paul Manafort sued FBI special counsel Robert Mueller. We get you the latest details.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!