Business Highlights

___ Commerce locks up and retail sales plunge unprecedented 8.7% WASHINGTON (AP) — U.S. retail sales plummeted 8.7% in March, a record drop as the viral outbreak cl...

Apple rolls out cheaper iPhone as pandemic curbs spending

NEW YORK (AP) — Apple is releasing a new iPhone that will be vastly cheaper than the models it rolled out last fall at a time when the economy was booming and the pandemic had yet to force people to r...

2 Taiwan companies win Apple orders due to defects in China's red supply chain

TAIPEI (Taiwan News) — Due to production issues and a high defect rate with a key cog in China's "red supply chain," Apple has transferred orders to Taiwanese manufacturers as it r...

Taiwan's Pegatron shares soar after reporting strong net profit in Q3

Shares in Pegatron Corp. moved sharply higher Friday after the contract electronics maker reported a strong bottom line for the third quarter a day earlier, dealers said. The strong third quarter e...

Taiwan Hon Hai reports highest-ever October sales

On the back of the debut of the latest smartphones from Apple Inc., Hon Hai Precision Industry Co., one of the most important iPhone assemblers, reported Tuesday that sales hit the highest level ever ...

Taiwan’s Foxconn to make iPhone XR and eventually iPhone 11 in India

TAIPEI (Taiwan News) – The Foxconn Technology Group is expanding its operations in India with the manufacturing of the iPhone XR, while Apple Inc. was also planning to make the newer iPhone 11 i...

Business Highlights

___ Solid company earnings power broad rally for US stocks NEW YORK (AP) — Stocks notched solid gains on Wall Street Tuesday as investors welcomed surprisingly good...

Apple, Disney advance while HP Inc., Avnet pull back

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday. HP Inc., down $1.76 to $16.64 The new CEO of the maker of personal computers and printe...

Taiwan shares soar over 130 points, led by 'Apple concept' stocks

Shares in Taiwan moved sharply higher Tuesday, jumping more than 130 points as major suppliers to Apple Inc. received a significant boost from the strong showing of shares in the U.S. consumer electro...

How to navigate new privacy features in Apple iPhone update

NEW YORK (AP) — Apple's iOS 13 software update comes with plenty of privacy enhancements. For instance, you'll be able to sign in to third-party services with your Apple ID account r...

Apple takes on Netflix with a $5-a-month streaming service

CUPERTINO, Calif. (AP) — Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning o...

Apple's new offerings: Cheaper iPhone, streaming TV

CUPERTINO, Calif. (AP) — Apple is dangling deals for its new phones and TV streaming service as it seeks to offset slumping device sales with new services. Here's a look at what Appl...