Could we say Apple's apps have appeal and approval and are apparently appreciated and applauded? Apple's stock price rose 100.9% in 2019 and right now is at $302.85, a gain of 1.5%. On January 28, Apple will report its 4th-quarter earnings.
Apple's App Store just brought in a whopping $1.42 billion in one week, setting a new record
https://www.businessinsider.com/appl...as-week-2020-1
Quibi – the name is short for "quick bites" – is a new mobile streaming service created by Jeffrey Katzenberg and scheduled to launch on April 6. Its first-year goal is to have 175 shows and 8,500 episodes. Quibi will cost $4.99 a month with ads or $7.99 a month without ads. Quibi has raised $1 billion from 11 investors and several movie studios, including Disney, which launched its own streaming service November 12. Quibi has just raised an additional $400 million from unnamed investors.
Quibi raises $400 million to make more bite-sized shows
https://www.latimes.com/entertainmen...ion-investment
In October 2018, a Boeing 737 Max crashed into the Java Sea, killing all 189 aboard. In March 2019, a Boeing 737 Max crashed in Ethiopia, killing all 157 aboard. In December 2019, Boeing CEO Dennis Muilenburg was fired. On January 10, 2020, we learn Muilenberg won't need to look for another job until at least the 30th century. This is outrageous!
Boeing's fired CEO got his $62 million payout confirmed the same day 2,800 people in the 737 Max supply chain were laid off
https://www.businessinsider.com/boei...layoffs-2020-1
Albertsons, founded by Joe Albertson in 1939 in Boise, owns Vons, Safeway, Shaw's, Acme, Jewel-Osco and several other chains and is North America's second-largest supermarket operator behind Kroger, which owns Ralphs, Dillons, Roundy's, Fred Meyer, Food 4 Less and several other chains. Albertsons attempted to go public in 2015 and tried again in 2018. Attempt #3 is imminent and could value the company at $19 billion.
Albertsons prepares for an IPO, again
Private-equity owners look to take No. 2 US supermarket operator public amid strong stock market.
https://www.wsj.com/articles/alberts...in-11578941243
William Boeing and George Westervelt founded Pacific Aero Products Company in 1916 in Seattle. It became Boeing Airplane Company a year later. The first plane manufactured was the B&W Model 1 Seaplane. In 2019, Boeing saw more orders canceled than placed. The main reasons: trade wars and the crashes of two 737 Max planes.
Boeing had its worst year in 3 decades and lost the title of world's biggest plane-maker
https://www.businessinsider.com/boei...ve-2019-2020-1
What manufacturers need to do is develop a tube that allows us to gradually use all the toothpaste in it instead of having to discard it even though it isn't empty. By the way, what is now the Colgate-Palmolive company began in 1806 when William Colgate opened a store in New York City to sell soap and candles. Colgate began selling toothpaste in 1873. It originally came in a jar. Tubes were introduced in 1896.
Colgate finally launches a recyclable toothpaste tube. It's made from the same kind of plastic as milk jugs.
https://www.cnn.com/2020/01/15/busin...rnd/index.html
The cofounders said the decision to close all their stores is due in part to an "immense change in the way people shop." Translation: "Amazon."
Opening Ceremony, the high-end retailer beloved by millennials, is shuttering all its stores in 2020 – and it's just the latest victim of the retail apocalypse
https://www.businessinsider.com/open...8-years-2020-1
The Bose Corporation, founded in 1964 by electrical engineer and MIT professor Amar Bose, manufactures stereo speakers, headphones, aviation headsets, home audio systems and automobile sound systems. The first Bose retail store opened in 1993 in Kittery, Maine. Bose now has 249 stores worldwide and nearly half of them – all the stores in North America, Europe, Japan and Australia – will close.
Bose is closing 119 stores worldwide
https://www.cnn.com/2020/01/16/busin...res/index.html
Memo to Disney CEO Bob Iger: It would have made more sense to drop the '20th Century' and call the studio 'Fox.'
Disney drops 'Fox' name and will rebrand its movie studio as '20th Century'
https://www.cnn.com/2020/01/17/media...and/index.html
After the markets closed today, Netflix posted its fourth-quarter earnings. Globally, Netflix added more subscribers than they had expected. In the US and Canada, Netflix added fewer subscribers than expected. Blame Disney+. Netflix shares closed today at 338.11, a loss of 1.56 (0.46%). Disney fell 0.67 (0.46%) to close at 143.56.
Netflix crushed growth targets internationally during Q4 but missed in the US, where rivals such as Disney+ emerged
https://www.businessinsider.com/netf...nalysis-2020-1
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