Newsmakers
NYC Comptroller Says Apple’s Workers’ Rights Assessment Lacks Credibility.
Brad Lander said a report by law firm Jenner & Block lacks rigor, expertise and worker input.
Search results for: Apple
Market Moves
Market Cap Race: How Does Apple Stay in Contention With Microsoft?
The iPhone maker has flat revenue at best, while the software titan enjoys major top-line growth.
Market Moves
Will Microsoft Overtake Apple in Market Cap Sweepstakes?
The iPhone maker faces hurdles, while its rival appears to have a smoother path.
Market Moves
Will Apple’s Rotten Showing Continue? Watch the New iPhone Release
The company’s key product, the latest version of which will be unveiled Tuesday, has boosted the stock in the past.
Asset Allocation
Norway Pension Giant Seeks To Remove ‘Rotten Apples’ From Portfolio
CEO Nicolai Tangen acknowledged that Norges Bank Investment Management ‘lost a considerable sum’ from the Silicon Valley Bank failure.
Corporate Moves
NYC Pension Fund-Led Group Strikes Deal With Apple on Workers’ Rights to Organize
Tech giant agrees to publish independent assessment on employees’ rights to unionize.
News
Saudi Aramco Jumps Past Apple to Become World’s Most Valuable Company
Oil prices are on fire, while tech’s appeal has cooled amid rising interest rates.
Asset Allocation
Apple Is Almost Half of Onetime Tech-Phobe Buffett’s Portfolio
The Berkshire chief admiringly calls the iPhone firm his ‘third business.’
Asset Allocation
Microsoft Threatens Apple’s Market Cap Supremacy
Both once seen as has-beens, the two tech giants draw closer as the software firm picks up speed.
Regulation
UK Pension Cleared to Sue Apple over Alleged Misleading China Comments
Judge says it ‘strains credulity’ that CEO Tim Cook was unaware of potential impact of trade tensions on iPhone sales in China.
Asset Allocation
CalPERS Sells Apple Stock, Invests in Microchips, Pharmaceuticals, Cannabis
The iPhone maker has enjoyed a large rally, but an ongoing trade war with China and the possibility of increasing regulation after a November election have dampened investor enthusiasm.
Market Moves
NYC Owns $1 Billion Stake in Amazon, Which Just Snubbed the Big Apple
The city’s five pension plans are major stockholders in the company that is escaping from New York.
Newsmakers
Largest Sovereign Wealth Fund Takes $3 Billion-Plus Hit on Apple Shares
The tech giant’s Q1 sales warning sends Norway’s Government Pension Fund Global’s near $10 billion investment for a loop.
Texas Teachers Grapples with Lowering 8% Return Assumptions
Split board debates two plans, but lowered rate must also receive lawmakers’ approval.
CalSTRS Releases Statement on Letter to Apple
Letter calls for tech giant to offer parents more tools to curb children’s “screen” behavior.