China’s gross domestic product for the quarter through June grew only 0.4% from a year earlier, as Shanghai’s lockdown and other Covid-19 restrictions dealt a serious blow to the world’s second-largest economy, Reuters and other news outlets reported. The figure, weaker than analysts’ forecast for a 1% increase according to Reuters, marks a dramatic slowdown from the previous quarter, when GDP...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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