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Apple Inc. (AAPL) has asked its major suppliers to evaluate the cost implications of moving 15% to 30% of their production capacity from China to Southeast Asia as it prepares for a fundamental restructuring of its supply chain, the Nikkei Asian Review reported. Apple's request was triggered by the...

Dell Technologies Inc., HP Inc., Intel Corp. and Microsoft Corp. opposed President Donald Trump's proposed tariffs on laptop computers and tablets among $300 billion in Chinese goods targeted for duties. The companies submitted joint comments opposing the tariff escalation, saying it would hurt consumer...

UnitedHealth Group Inc (UNH) received anti-trust approval to buy DaVita Inc's primary and urgent care unit for $4.3 billion, the Federal Trade Commission said. UnitedHealth Group and DaVita Inc. have agreed to a settlement to resolve Federal Trade Commission allegations that UnitedHealth Group's proposed...

pharmaup-jun19.jpg The following are some of today's top gainers in the pharma/biotech sector.

American Airlines (AAL) agreed to acquire 50 Airbus A321XLR aircraft, the new longer-range version of Airbus' A321neo. The purchase agreement includes the conversion of 30 of American's existing A321neo slots to A321XLRs and incremental orders for an additional 20 A321XLRs, Airbus said in a statement. Airbus...

Business software giant Oracle Corp. (ORCL), Wednesday reported a fourth-quarter profit and revenues that trumped Wall Street estimates, reflecting growth in cloud services revenues. Redwood Shores, California-based Oracle reported fourth-quarter profit of $3.74 billion or $1.07 per share, up from...

Oracle Corp. (ORCL) released a profit for its fourth quarter that climbed from last year. The company's bottom line totaled $3.74 billion, or $1.07 per share. This compares with $3.28 billion, or $0.79 per share, in last year's fourth quarter. Excluding items, Oracle Corp. reported adjusted earnings...

panerabread-061919.jpg Panera is revamping its menu and has introduced 10 new dinner items to its list as the sandwich chain wants its customers to visit them for even dinner. Panera on Wednesday announced that it is testing an entirely new dinner menu featuring items such as flatbreads, bowls, meatier sandwiches as well...

consumerproduct-jun19.jpg Ann Marie Buerkle, the acting chairwoman of the Consumer Product Safety Commission, has announced her decision to step down as the head of the federal regulatory agency at the end of her term in October. "I have notified the White House that I am withdrawing my nominations to serve as Chairman of...

tacobell-nba-061919.jpg Taco Bell website and mobile app was not able to cope with the chain's free taco giveaway on Tuesday and were down for many users, according to comments by fans on social media. Taco Bell is a Mexican-inspired restaurant chain owned by Yum! Brands Inc. Tuesday's giveaway was part of Taco Bell's "Steal a Game, Steal a Taco" promotion for the NBA finals.

ecigarette-061919.jpg San Francisco is set to become the first city in the U.S. to block the sale of e-cigarettes. City supervisors voted unanimously on Tuesday to ban the sale and distribution of e-cigarettes in city limits as well as a ban on manufacturing of e-cigarettes on city property. There will be a final vote to enact the ordinance before it becomes law, that may take six to seven months.

recall-jun19.jpg Home Meridian has announced recall of about 520 Copeland Corner Curio cabinets due to a risk of tip-over. According to Home Meridian, the recalled curio cabinets are unstable if they are not anchored to the wall, which poses a significant risk of tip-over and entrapment resulting in death or injuries...

reeses-take5-061919.jpg Hershey decided to replace its green and black label of Take 5 bar with new, attractive packaging. It will be marketed as Reese's peanut butter with a catchy orange wrapper. However, the ingredients will not change.

Anglo-Australian mining giant Rio Tinto Plc (RTNTF, RIO, RIO.L, RTPPF) further reduced its guidance for iron ore shipments from the Pilbara region of Australia in fiscal year 2019. The company said its iron ore business is currently experiencing mine operational challenges, particularly in the Greater...

Eros International Plc (EROS) said that it will evaluate and explore strategic alternatives for the company. Eros has engaged Citigroup Global Markets Inc. as its strategic advisor and Gibson, Dunn & Crutcher LLP as legal advisor. "There can be no assurance that this review process will result in...

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