Monthly Archives: October 2021

Supply chain woes cost Apple $6 billion in sales during the company’s fiscal fourth quarter, which missed Wall Street expectations, and Chief Executive Tim Cook said that the impact will be even worse during the current holiday sales quarter. Cook told Reuters on Thursday…

 Amazon on Thursday reported a slump in profit that it expects will continue through the holiday quarter, as heavy spending to maintain delivery operations diminishes the company’s windfall from online shopping. Shares fell 4% in after-hours trade. After a year of blockbuster…

 Dogecoin, watch out! Meme-based cryptocurrency Shiba Inu soared more than 45% over the last 24 hours, muscling its way into the top 10 largest digital tokens by market capitalization. Shiba Inu is a spinoff of Dogecoin, itself born as a satire of a cryptocurrency frenzy in…

High prices for trucks and SUVs helped General Motors post a $2.4 billion third-quarter profit, but the income was 40% lower than a year ago due to short supplies of new vehicles because of a global computer chip shortage. The earnings fell…

When McDonald’s messes up a drive-thru order consumers can soon blame a computer for their missing fries or Egg McMuffin. The largest restaurant company in the world is teaming up with IBM in a partnership that is supposed to improve its drive-thru…