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The Chicago Bears fired coach Matt Eberflus on Friday, less than 24 hours after a series of mental lapses unfolded in the chaotic, final 30 seconds of his team’s Thanksgiving Day loss at Detroit. Eberflus’ sacking followed a meeting with Bears Chairman George McCaskey and team President Kevin Warren, according to General Manager Ryan Poles. "We extend our gratitude for his commitment to the Chicago Bears and wish him and his family the best moving forward.”Warren acknowledged the importance of the head-coaching role and emphasized the team's commitment to its fans. Eberflus opted against calling his third and final timeout at that moment. The Thanksgiving Day disaster in Detroit came a month after the Bears lost to the Washington Commanders, 18-15, when Jayden Daniels connected with Noah Brown on a 52-yard Hail Mary as time expired.

Persons: Matt Eberflus, Eberflus ’, George McCaskey, Kevin Warren, Ryan Poles, George, Kevin, Matt, “, ” Warren, Ryan, Teven Jenkins, Cairo Santos, Caleb Williams, Detroit's Za'Darius Smith, Eberflus, Santos, Williams, Rome Odunze, would've, Thomas Brown, Jayden Daniels, Noah Brown, Mary, Tyrique Stevenson, Daniels Organizations: Chicago Bears, Detroit, Bears, Detroit Lions, Lions, Cairo, Rome, Ford, Chicago, NFC, San Francisco 49ers, Washington Locations: Chicago, Toledo, Detroit

Dodgers slugger Shohei Ohtani claimed in court papers this week that his former interpreter is in “wrongful possession” of valuable baseball cards that rightfully belong to him. Ohtani is seeking to recover $325,000 worth of baseball cards that he claims onetime assistant Ippei Mizuhara improperly bought earlier this year, according to a U.S. district court filing by the player and his attorney, Blair Berk. Some of those stolen funds were used on collectibles, Ohtani and his lawyer said in a federal court filing on Tuesday. Japanese baseball player Shohei Ohtani speaks alongside interpreter Ippei Mizuhara at Dodger Stadium in Los Angeles on Dec. 14, 2023. Brown / AFP - Getty Images file“Between January and March 2024, Defendant purchased approximately $325,000 worth of baseball cards at online resellers eBay and Whatnot, with payments drawn on Petitioner’s bank account,” the plaintiffs said.

Persons: Shohei Ohtani, Ohtani, Ippei Mizuhara, Blair Berk, Mizuhara, Frederic J . Brown, ” Organizations: Dodgers, Dodger, Getty, Defendant, Mizuhara, National League, District of Columbia, Sports, MLB Locations: U.S, Los Angeles, AFP, Seoul, California

☆ Xi Jinping's military purge is bleeding into his elite circle of generals commanding China's forces
▼ + stars: | 2024-11-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Adm. Miao Hua is one of six members of an exclusive commission led by Xi that oversees China's military. He's the latest in a string of high-ranking defense officials to be purged from China's military. A top-ranking admiral in China's Central Military Commission — the highest body commanding its forces — has been placed under investigation, the country's defense ministry said on Thursday. AdvertisementTwo vicechairmen of the Central Military Commission have been investigated before, but only after they exited the commission. The push has coincided with Xi's heavy emphasis on modernizing China's military and catching up in strength with US forces.

Persons: Adm, Miao Hua, Xi, —, Wu Qian, Miao, Xi Jinping, Zhang Youxia, Dong Jun, Dong, Li Shangfu, Wei Fenghe, Guo Boxiong, Xu Caihou — Organizations: Commission, People's Liberation Army, PLA Navy, Financial Times, Central Military Commission, CNN Locations: Fujian, Beijing, China

☆ Intel's annual median pay has been stagnant compared to peers like Nvidia and Microsoft
▼ + stars: | 2024-11-29 | by ( Helen Li | ) www.businessinsider.com time to read: +2 min

AdvertisementIntel's median employee pay rose 4% in five years, lagging behind other tech firms. Other tech companies like Nvidia and Microsoft increased pay by at least 12%. Intel's median employee pay has only increased by 4% over the past five years, an analysis of annual proxy statements filed with the SEC showed. Related Video Nearly 50,000 tech workers have been laid off — but there's a hack to avoid layoffsIn 2019, Intel's average employee pay was $96,300. Besides stagnating pay, Intel employees have seen other setbacks.

Persons: Pat Gelsinger Organizations: Nvidia, Microsoft, Intel, SEC, Big Tech, AMD, Qualcomm, Business, Department of, Industry, Bloomberg Locations: Ohio, Phoenix

☆ China’s EV price war is so brutal that BYD is trying to pinch its suppliers
▼ + stars: | 2024-11-28 | by ( Juliana Liu | ) edition.cnn.com time to read: +4 min

“In 2025, while there will be great opportunities in the EV market, market competition will also become more intense, entering a decisive battle and knockout rounds,” he wrote. “Annual price negotiations with suppliers are a common practice in the car industry,” he wrote. It is not mandatory, and everyone can negotiate.”For 15 years, China’s car market has been the world’s biggest. “This means the price war … is really stressing the system,” he said. BYD is China’s top carmaker, commanding 16.2% of the overall vehicle market in the first 10 months of the year, according to the China Passenger Car Association.

Persons: Hong Kong CNN —, Zhiqi, ”, “, Li Yunfei, Tesla, It’s, Bill Russo, “ BYD, Tu, Le Organizations: Hong Kong CNN, “, CNN, Weibo, ”, SAIC Motor, European Union, Trump, Tu Le, Ford, General Motors, China Passenger Car Association, EV Locations: China, Hong Kong, Shenzhen, BYD, Shanghai, Weibo, Chongqing

☆ Xi Jinping can't seem to find the right man to be the face of China's military
▼ + stars: | 2024-11-28 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

AdvertisementChina's defense minister, Dong Jun, is being probed for corruption, the FT reported on Wednesday. Xi Jinping and his leaders likely took at least two months to select, vet, and announce Dong in 2023. Less than a year into his post, China's defense minister is now being placed under investigation for graft, according to a new report by The Financial Times. AdvertisementWhen asked about reports of an investigation into Dong, Chinese Foreign Ministry spokesperson Mao Ning curtly dismissed them as rumors. AdvertisementChina's defense minister doesn't typically have operational command of combat forces but is instead a diplomatic and public-facing figure representing the military.

Persons: Dong Jun, Xi Jinping, Dong, Adm, Li Shangfu, Li, Wei Fenghe, Wei, Lloyd Austin, Mao Ning curtly, Xi, Dong's, doesn't Organizations: The Financial Times, People's Liberation Army, PLA Rocket Force, Chinese Communist Party, US, Foreign Ministry, Chinese Foreign Ministry, Business, Dong, Reuters, Central Military Commission, PLA Locations: Laos, Dong, China

Alabama A&M football player Medrick Burnett Jr. died Tuesday after suffering a head injury during a game four weeks ago, officials at the HBCU said. Burnett played in seven games this season after transferring to Alabama A&M from Grambling. “Our Bulldog family is heartbroken by the loss of Medrick Burnett Jr.,” Alabama A&M Director of Athletics Paul Bryant said in a statement. "We pray for his family and teammates at this incredibly difficult time," Mayfair HS said in statement. Alabama A&M, which is 6-5 overall and 4-3 in the Southwestern Athletic Conference (SWAC) action, has one more game this season, on Friday afternoon against Florida A&M in Tallahassee.

Persons: Medrick Burnett Jr, Burnett, Burnett's, Medrick Burnett, Athletics Paul Bryant, “ Medrick Organizations: Alabama, Bulldogs, Alabama State, Magic City, Austin Peay, “, ” Alabama, Athletics, Mayfair High School, Southwestern Athletic Conference, Florida Locations: Grambling, ”, Lakewood , California, Los Angeles, Tallahassee

A Delta flight attendant slashed a co-worker and hotel security guard after a late night and early morning of heavy, “blacked out” drinking, officials said Wednesday. Smith and “several other coworkers were returning to their” riverfront hotel when he started bickering with the victim, New Orleans police said in a statement. While Smith was booked for attempted murder, defense lawyer Thomas Calogero said his client shouldn’t be charged with that alleged crime once the case reaches prosecutors. Calogero said he highly doubts his client will ever be able to work as a flight attendant again. I mean I’m sure he’s going to lose his job at Delta,” the lawyer said.

Persons: Joshua Smith, Smith, “, Thomas Calogero, Calogero, ” Organizations: New Orleans police, Poydras, Delta, Association of Locations: New Orleans

Three American citizens who had been detained in China were released, a State Department spokesperson said Wednesday. Li, 70, who is from Long Island, New York, was detained in 2016 and sentenced to 10 years in 2018 on espionage charges his family says are baseless. The announcement on Wednesday follows the surprise release in September of American pastor David Lin, whom like Li and Swidan the U.S. had classified as wrongfully detained. He had been jailed in China since 2006 after being sentenced to life in prison on charges of contract fraud. Other families who appeared at the hearing are still waiting for the return of loved ones detained in China, including Nelson Wells Jr. and Dawn Hunt.

Persons: Mark Swidan, Kai Li, John Leung, Li, Leung, Chuck Schumer, Li’s, Harrison Li, “, ”, David Lin, Biden, Joe Biden, Xi Jinping, Swidan’s, Katherine Swidan, ” Li, Nelson Wells Jr, Dawn Hunt Organizations: State Department, United, Politico, ., Hua Foundation, Chinese Foreign Ministry, Economic Cooperation, Congressional, Commission Locations: China, Long Island , New York, Texas, United Nations, American, Hong Kong, Beijing, United States, U.S, Huntington , New York, New York, Asia, Peru, Russia

☆ Stocks making the biggest moves midday: Nordstrom, Dell, SolarEdge Technologies and more
▼ + stars: | 2024-11-27 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +4 min

Nordstrom's third-quarter revenue of $3.46 billion did come in above the $3.35 billion LSEG consensus. HP said it expects earnings, excluding items, to range between 70 cents per share and 76 cents per share, versus a FactSet estimate of 85 cents per share. Dell Technologies — The PC maker saw shares plunge 13% after the firm reported a revenue miss and forecast fourth-quarter revenue and earnings below Wall Street expectations. Autodesk expects earnings per share to be between $2.10 and $2.16, excluding items, and revenue of $1.623 billion to $1.638 billion. Analysts surveyed by LSEG were looking for earnings of $2.12 per share on $1.62 billion in revenue.

Persons: Nordstrom, Erik Nordstrom, Nordstrom's, Stocks, Robinhood, George Kurtz, Ambarella, LSEG, StreetAccount, Janesh Moorjani, SolarEdge, Symbotic, Yun Li, Tanaya Macheel, Michelle Fox, Jesse Pound, Samantha Subin, Sean Conlon Organizations: HP —, HP, Outfitters, LSEG, Revenue, Dell Technologies, Dell, Autodesk, SolarEdge Technologies

☆ Tesla and BYD are gearing up for another round in China's brutal EV battle
▼ + stars: | 2024-11-27 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

BYD is asking suppliers to cut prices and Tesla is rolling out more discounts. The price war is putting some smaller Chinese players under financial pressure. BYD and Tesla have been playing a game of how-low-can-you-go on EV prices in China for the past year, and they don't seem to be slowing down anytime soon. The rivals are asking suppliers to cut prices and rolling out discounts as they prepare for another round in an ongoing EV battle. Elon Musk's automaker kicked off China's EV price war last April, and is attempting to boost sales as it seeks to deliver a record number of cars this year.

Persons: Tesla, Li Yunfei, Aly, BYD, Elon Organizations: Bloomberg, Weibo, Tesla, REUTERS, Elon Musk's, Business Locations: China, Shanghai

☆ US secures release of 3 Americans in prisoner swap with China
▼ + stars: | 2024-11-27 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +3 min

CNN —Three Americans who had been detained in China for years have been released in a prisoner swap between Washington and Beijing. On Wednesday, the US also lowered its travel advisory level to Level 2: Exercise increased caution for mainland China. “Thanks to this Administration’s efforts and diplomacy with the PRC, all of the wrongfully detained Americans in the PRC are home,” the spokesperson said Wednesday. Li and Swidan had been designated as wrongfully detained by the US State Department. Another wrongfully detained American, David Lin, was freed from China in September.

Persons: Mark Swidan, Kai Li, John Leung, “, Li, Swidan, David Lin, Donald Trump, Biden, Joe Biden, Antony Blinken, Jake Sullivan, Harrison Li, Kai Li’s, it’s, Mark Swidan’s, Katherine Swidan, Leung, CNN’s Evan Perez Organizations: CNN, National Security, Politico, US State Department, Embassy Locations: China, Washington, Beijing, People’s Republic of China, ”, United States

☆ Animal rights extremist wanted for U.S. bombings caught in Wales after more than 20 years on the run
▼ + stars: | 2024-11-26 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Michael-Kosnar-Circle-Byline-Template.Jpg | Michael Kosnar | ) www.nbcnews.com time to read: +1 min

An animal rights extremist believed to be behind a pair of bombings in Northern California over two decades ago was caught in Wales on Monday, authorities said. FBI Director Christopher Wray celebrated the capture of Daniel Andreas San Diego, 46, saying on Tuesday the suspect will finally be held "accountable" for his alleged acts of "violence and destruction." He's also accused of sending a "bomb strapped with nails" that went off at a nutritional company, Shaklee Corp., in nearby Pleasanton, on Sept. 26, 2003. The FBI believed that San Diego, who was born in Berkeley, bombed the firms because they had worked with another lab that had conducted animals experiments. “There’s a right way and a wrong way to express your views in our country, and turning to violence and destruction of property is not the right way," Wray added.

Persons: Christopher Wray, Daniel Andreas San, “ Daniel San Diego’s, ” Wray, He's, There’s, Wray Organizations: FBI, Chiron Corp, Shaklee Corp Locations: Northern California, Wales, Daniel Andreas San Diego, San Francisco, Diego, Emeryville, Pleasanton, San Diego, Berkeley

Traffic infractions against Miami Dolphins wide receiver Tyreek Hill — which escalated to a tense police confrontation caught on video two months ago — were summarily dismissed on Monday when officers didn't come to court, records showed. Bystanders recorded video of Hill lying face down on the ground as officers placed his hands behind his back and appeared to cuff him. At least two Dolphins teammates, tight end Jonnu Smith and defensive lineman Calais Campbell, were driving by, saw Hill pulled over and stopped to help. All of those Dolphins made it to their Sept. 8 season opener, won by Miami, 20-17, over the visiting Jacksonville Jaguars. “If I wasn’t Tyreek Hill, Lord knows, I probably would have been, like, worst-case scenario, I would have been shot or would have been locked up” and “put behind bars, you know, for a simple speeding ticket,” Hill told NBC News a day after the incident.

Persons: —, didn't, Hill, Patricia Henrys, Andy Slater, Jonnu Smith, Calais Campbell, Campbell, Walter Payton Man, “, ” Hill Organizations: Miami Dolphins, Dade, Dolphins, Miami, Jacksonville Jaguars, NBC Locations: Miami, Dade County

☆ Donald Trump selects Kevin Hassett to lead National Economic Council
▼ + stars: | 2024-11-26 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

White House Council of Economic Advisers Chairman Kevin Hassett addresses reporters during the daily briefing at the White House in Washington, U.S. February 22, 2018. President-elect Donald Trump picked Kevin Hassett to lead the National Economic Council, a role that puts him at the center of the administration's policy-making discussions from trade to taxes and deregulation. The move brings Trump closer to rounding out his economic team, with U.S. trade representative being the last of the key positions left. During Trump's first administration, Hassett served as the chairman of the Council of Economic Advisers for two years, supporting the Republican's corporate tax cuts and defending Trump's punitive tariffs. Hassett previously served as a scholar of fiscal policy at the conservative American Enterprise Institute think tank before Trump nominated him to the White House role in 2017.

Persons: Kevin Hassett, Donald Trump, Trump, Hassett, Trump's, Jared Kushner, Scott Bessent Organizations: White, Council, Economic, National Economic Council, Trump, U.S, of Economic Advisers, American Enterprise Institute, Group Locations: Washington , U.S, Mexico, Canada

☆ Hong Kong’s Top Court Upholds Rights of Same-Sex Married Couples
▼ + stars: | 2024-11-26 | by ( Tiffany May | More About Tiffany May | ) www.nytimes.com time to read: +1 min

Hong Kong’s top court ruled on Tuesday to uphold inheritance and public housing benefits for same-sex married couples, a decision that supporters hailed as an important step toward expanding gay rights in the territory. Hong Kong does not recognize same-sex marriage, but the rulings brought an end to two protracted legal battles involving couples who married overseas. Nick Infinger, who married his husband in Canada, sued Hong Kong’s Housing Authority in 2018 after their joint application for public housing was denied. Mr. Ng died in 2020, and lower courts subsequently ruled in his favor. His husband, Henry Li, contested the Hong Kong government’s efforts to appeal those rulings.

Persons: Hong, Nick Infinger, Edgar Ng, Ng, Henry Li Organizations: Hong, Housing Authority Locations: Hong Kong, Canada, Britain

☆ Tim Cook and other U.S. executives attend China expo, meet officials as Trump tariff threat looms
▼ + stars: | 2024-11-26 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A view of the exterior of the China International Exhibition Center (Shunyi Hall), venue for the second China International Supply Chain Expo (CISCE), on November 26, 2024 in Beijing, China. American business leaders are in China this week for meetings with officials and a high-profile supply chain expo as trade threats from a second Donald Trump presidency mount. Among them is Apple CEO Tim Cook, who will be in attendance for the second annual 'China International Supply Chain Expo,' which kicked off Tuesday. Ahead of the expo, the CEO met with Chinese Premier Li Qiang alongside other top executives from global companies, the American Chamber of Commerce in China said in a social media post. Organized by the China International Exhibition Center Group, the second CISCE expo will focus on key supply chains, such as advanced manufacturing, green and digital technology as well as supply chain services.

Persons: Donald Trump, Tim Cook, We're, Cook, Premier Li Qiang Organizations: China International Exhibition, China, Chain, Apple, China International, Premier, American Chamber of Commerce, CNBC, Corning, Rio Tinto, Lenovo, China International Exhibition Center Locations: Beijing, China, American, Rio

☆ Trump's Mexican tariffs threaten to make life more difficult for automakers — including Tesla and BYD
▼ + stars: | 2024-11-26 | by ( Tom Carter | ) www.businessinsider.com time to read: +7 min

AdvertisementDonald Trump has vowed to hit Mexico with a 25% tariff, which would affect automakers including Tesla. The threat of tariffs on Mexico has also put a $10 billion new factory proposed by Elon Musk in limbo. Musk backed Trump's election campaign and has been given a role to target wasteful government spending. The world's richest person praised Trump's proposed tariffs on Mexico and China in an X post on Monday, saying they would be "highly effective." Analysts told BI that the tariffs floated by Trump would deter automakers such as Tesla from investing south of the border.

Persons: Donald Trump, Tesla, Trump, Elon Musk, Donald Trump's, Alex Brandon, Musk, Trump's, Sam Fiorani, Fiorani, Ford, Stellantis, David Whiston, Scott Olson, BYD, Stella Li, Stephanie Brinley, Alanis King, Brinley Organizations: Truth, Elon, AP, Investment, UBS, Trump, AutoForecast Solutions, General Motors, GM, Ford, Getty, Toyota, Tacoma, Nissan, Volkswagen, EV, BYD, SAIC, Reuters, Street Journal, Chrysler, BMW, P Global, Toyota Tacoma Locations: Mexico, Monterrey, China, Detroit, United States, Cuautitlan, Toluca, San Luis Potosí

☆ Bank of America sees 11% gain for S&P 500 next year and even bigger returns for certain stocks
▼ + stars: | 2024-11-26 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

The Wall Street firm set its 2025 S & P 500 target at 6,666, which implies an 11% upside from current levels. .SPX YTD mountain S & P 500 In particular, BofA said it is bullish on financials, discretionary, materials, real estate and utilities. The firm expects bank stocks to benefit from a return in merger and acquisition activities as well as optimism around deregulation under a Donald Trump administration. Deutsche Bank sees the S & P 500 hitting 7,000 in 2025 on the back of rising risk appetite. Goldman also projected an 11% S & P 500 return for next year.

Persons: Savita Subramanian, BofA, Donald Trump, Goldman Organizations: of America, BofA Securities, Wall, Deutsche Bank, UBS

A white Florida woman who fatally shot her Black neighbor through a locked door was sentenced to 25 years in prison Monday for the "completely unnecessary" gunfire. Marion County Circuit Court Judge Robert Hodges said Susan Louise Lorincz, 60, did "significant harm" to the victim and her family. Pamela Dias, the victim's mother, said the slaying has impacted every aspect of her life. When Owens knocked on her door, the defense team's psychologist said Monday that Lorincz’s PTSD led her to make a tragically bad choice. “She’s perceiving that the door, the locked door with the bolt, will not hold, and that Ms. Owens is going to victimize her.

Persons: Robert Hodges, Susan Louise Lorincz, Lorincz, Ajike “ AJ ” Owens, Owens, Pamela Dias, ” Dias, “ I‘m, ” Owens, " Dias, Susan, Lorincz’s, Jenny Castillo, “, ” Lorincz wasn’t, Billy Woods, ” Organizations: Marion, Walt Disney Locations: Florida, Marion County, Ocala

☆ Deutsche Bank sees the S&P 500 hitting 7,000 in 2025 on the back of rising risk appetite
▼ + stars: | 2024-11-25 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Binky Chadha, Deutsche Bank chief global strategist, set a year-end 2025 target for the S & P 500 of 7000, which would translate into a 17% gain from current levels. "We see S & P 500 buybacks rising from an annual run rate of $1.1 trillion currently to about $1.3 trillion next year, rising in line with earnings. .SPX YTD mountain S & P 500 The S & P 500 is looking to wrap up a strong 2024 with a bang, thanks to optimism toward President-elect Donald Trump 's market-friendly policies. For 2025, Deutsche Bank sees stronger growth in the U.S. on the back of potential tax cuts and a deregulation push under the incoming Trump administration. Deutsche Bank is not the first Wall Street firm to release a rosy equity outlook after the presidential election.

Persons: Binky, Chadha, Donald Trump, Trump, Goldman Sachs Organizations: Deutsche Bank, Fed, UBS Locations: U.S

☆ Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion
▼ + stars: | 2024-11-25 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Buffett believes family wealth dynasties could have negative consequences such as eroding personal growth and complicating relationships. "I've never wished to create a dynasty or pursue any plan that extended beyond the children," Buffett wrote in a lengthy letter Monday. He has appointed three trustees of his charitable trust to potentially succeed his children in disbursing his wealth. They are also somewhat younger than my children," Buffett wrote. He said he's built strong trust in his children's managerial ability and philanthropic ambition through years of observation.

Persons: Warren Buffett, Buffett, I've, Susie, Howie, Peter, disburse, he's Organizations: Oracle, BNSF Railway Locations: Berkshire Hathaway, Berkshire, Omaha , Nebraska, Omaha, Buffett's Berkshire

☆ Stocks making the biggest moves midday: Bath & Body Works, Robinhood, Macy's and more
▼ + stars: | 2024-11-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Bath & Body Works — The Ohio-based personal care company climbed more than 16%, on pace for its best day since November 2022. The retailer raised its forecast for full-year adjusted profit and said it expects a smaller drop in annual sales, boosted by solid demand for personal care products and new store offerings. Robinhood — The financial services provider surged 5% after Morgan Stanley upgraded it to overweight, citing upside from President-elect Donald Trump's looming second term in office. Target's shares have lost about 12% year to date and the stock's 3.6% dividend yield is very "attractive," the firm said. Abercrombie & Fitch — The retailer gained 4% ahead of its third-quarter earnings release , expected Tuesday morning.

Persons: Morgan Stanley, Donald Trump's, Macy's, Oppenheimer, AGCO, Gordon, Abercrombie, Fitch, Biohaven, Piper Sandler, CNBC's Hakyung Kim, Jesse Pound, Yun Li, Michelle Fox, Pia Singh, Scott Schnipper Organizations: Farm Equipment Limited, Gordon Haskett Research, Intel, CNBC, Commerce Department, U.S, Bancorp, Citigroup, Arm, UBS, Santander — ADRs, BDO, Nasdaq, Truist Securities Locations: The Ohio, New York, The Minneapolis, British, Spanish, Santander

☆ Tim Cook heads to China for the 3rd time this year as Apple braces for Trump trade policies
▼ + stars: | 2024-11-25 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementApple CEO Tim Cook is visiting China for the third time this year. Cook attended discussions focused on supply chain and trade issues, per Bloomberg. Apple CEO Tim Cook is visiting China for at least the third time this year as the tech giant prepares for president-elect Donald Trump's proposed import tariffs and the impact on global trade. AdvertisementAccording to Bloomberg, the discussion was focused on supply chain and trade issues. AdvertisementCook has made at least three public appearances in China this year to show his commitment to the country.

Persons: Tim Cook, Cook, Donald Trump's, Premier Li Qiang, Trump Organizations: Bloomberg, Apple, Premier, Beijing, Trump, Companies, China Central Television, Huawei Locations: China, Beijing

☆ Tim Cook heads to China for the 3rd time this year as Apple prepares for Trump trade policies
▼ + stars: | 2024-11-25 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

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