Apple Inc. posted quarterly results Thursday that shattered previous records, answering the concerns of jittery investors about the toll supply chain constraints are having on the world’s biggest company. Chief Executive Tim Cook said in an interview those challenges are improving. Shares rose more than 4% after markets closed Thursday in New York, following Apple’s report that…
Category: World
Bring a Trailer sold $829M in cars in 2021, walloping auction houses
A record-breaking $1.9 million Porsche sale isn’t the only big news from Bring a Trailer these days. In 2021 the online car auction site sold $828.7 million worth of cars, a 108% gain over the $398 million it sold in 2020 — and a full quarter-billion dollars ahead of its closest live-auction-house competitor. The news soundly beats the…
World Hits Record Daily Covid Cases as Omicron Mars Christmas
Global Covid-19 cases hit a daily record on Monday, disrupting the holiday season a year after vaccines first started rolling out and two years after the emergence of the virus that many hoped would be fleeting. Most Read from Bloomberg Coronavirus Can Persist for Months After Traversing Body CDC Reduces Isolation Time; Apple Shuts NYC…
NY CASES HIT NEW PANDEMIC HIGH
‘This Is a Whole New Animal:’ NY Reports Highest Single-Day Case Total of Pandemic The share of people testing positive in New York City doubled in three days this week, and one of the mayor’s top health experts says it’s an indication of omicron evading immunity in a way no other variant had before. Almost…
US wins appeal over extradition of WikiLeaks founder Assange
The United States government has won an appeal at Britain’s High Court over the extradition of WikiLeaks founder Julian Assange. Friday’s ruling, which overturns an earlier decision, means 50-year-old Assange may now be closer to being sent from London’s high-security Belmarsh prison to the US, where he would face spying charges over WikiLeaks’ publication of…
Virgil Abloh Dies of Cancer at 41
PARIS – Virgil Abloh, the founder of luxury streetwear brand Off-White and artistic director of men’s wear at Louis Vuitton, has died from cancer at the age of 41. One of the most influential designers of his generation, Abloh had been privately battling the disease for several years, LVMH Moët Hennessy Louis Vuitton said in a statement on Sunday. The designer died in…
The Rittenhouse Verdict is Only Shocking if You Followed the Last Year of Terrible Reporting
A year of pronouncing the “Kenosha shooter” a murderer could have serious real-world consequences Kyle Rittenhouse was found not guilty on all six charges today, already causing a great exploding of heads in the pundit-o-sphere. Unrest wouldn’t be surprising. How could it be otherwise? Colleagues in national media spent over a year telling the country the 18-year-old was not just…
Tom Ford: Cancel culture inhibits fashion
Tom Ford says cancel culture “inhibits design”. The 60-year-old fashion muse – behind the iconic eponymous label – says the fact “everything is now considered appropriation” is limiting fashion. Speaking to The Guardian newspaper, Ford said: “Cancel culture inhibits design because rather than feeling free, the tendency is to start locked into a set of…
Biden says US will defend Taiwan if China attacks
President Joe Biden said the US would defend Taiwan if China attacked, in an apparent departure from a long-held US foreign policy position. But a White House spokesman later told some US media outlets that his remarks did not signify a change in policy. The US has a law which requires it to help Taiwan…
China sends 77 warplanes into Taiwan defense zone over two days, Taipei says
Taipei, Taiwan (CNN)Taiwan has reported a record number of incursions by Chinese warplanes into its air defense identification zone (ADIZ) for the second day in a row, Taiwan’s Ministry of National Defense said on Saturday night. The self-governing island said a total of 39 Chinese military aircraft entered the ADIZ on Saturday, one more than the…
