Business

Apple’s decision to split its shares was made to help make investors more accessible, CNBC’s Jim Cramer said Friday, referring to a conversation he had with its CEO, Tim Cook. “I think Apple is making the right decision. Tim said to me last night, ‘Hey, I want more people in …

Huawei shipped 55.8 million devices in the second quarter of 2020, according to Canalys. César Salza / CNET Huawei shipped more phones worldwide than any other provider for the first time in the second quarter of 2020, tech market analysts Canalys, Counterpoint and IDC reported. It is the first time …

(Bloomberg) – Exxon Mobil Corp. and Chevron Corp. recorded the worst losses in a generation after the pandemic and a combined global excess of crude to hit almost all parts of their businesses. Exxon’s loss of $ 1.1 billion in the second quarter was the deepest in the company’s modern …

Fisker Inc. has been on investors’ radar lately as it negotiates a merger deal with Spartan Energy (NYSE: SPAQ). If this merger succeeds in closing, the company will benefit from a $ 1 billion cash infusion, enough to bring the fully electric Fisker Ocean to market by 2022. According to …

People watch the Trolls movie from their cars, separated from other cars by a 10-foot orange fence in an effort to respect social distancing amid the new coronavirus pandemic, at Ocala’s drive-in cinema in Ocala, Florida. , on April 25, 2020. Vic Micolucci | AFP | fake pictures Universal may …