Tuesday , 16 December 2025

Recent Posts

Apple taps first insider to lead retail for a post-iPhone era

Bloomberg Apple Inc. named its third retail chief in seven years, seeking to shake up store operations while casting about for the next big hit as the iPhone era wanes. Apple said company veteran Deirdre O’Brien will replace Angela Ahrendts, who served in the role for about five years. O’Brien is the first insider tapped to run the Apple division …

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Boeing sued for negligence in Malibu wildfire

Bloomberg Boeing Co. was accused of negligence tied to a wildfire that tore through Malibu, California, in November and that purportedly started on the grounds of the nearby, disused Rocketdyne testing site. A group of homeowners sued Boeing along with Edison International, the parent of the utility they say was at fault in igniting the fire, in Los Angeles. They …

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US retail sales slowing this year as economy cools off

Bloomberg Retail sales growth in the US is expected to slow down in 2019 amid cooling economic conditions, according to the National Retail Federation, an industry trade group. Americans will boost retail spending by 3.8 percent to 4.4 percent this year, the NRF said. For comparison, preliminary estimates show that sales rose 4.6 percent in 2018, according to the group. …

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