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Don’t sweat the iPhone supply chain. It’s just fine

The fortunes of iPhone suppliers are looking strong. First-quarter earnings at Hon Hai Precision Industry Co. show that Apple Inc.’s chief product assembler pumped $2 billion more into its supply chain than a year earlier. Weak iPhone sales can’t be blamed for Hon Hai’s net income slipping 15 percent and missing estimates, because they weren’t weak. Revenue at the Taiwanese ...

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Record UK profits are nothing to sing about

The sight of J Sainsbury Plc CEO Mike Coupe singing ‘we’re in the money’ neatly sums up the dichotomy between those feeling the pinch from Brexit and those who aren’t. UK corporations have rarely been this flush. They reported record pretax profits in the first quarter, according to the Share Centre, a broker. Average revenue growth for members of the ...

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California puts solar on the roof and up for grabs

If we could somehow capture all the energy expended on Twitter when California approved new rooftop solar standards, we’d solve our climate problems immediately. The perpetual emotion machine has cranked up in response to the California Energy Commission passing a new building code that will, among other things, require most low-rise residential buildings constructed after 2019 to have built-in solar-power ...

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