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Apple and Amazon’s Race to $100 Billion

The pandemic may have forced Apple Inc. to delay its big iPhone launch by a few weeks, but there is a silver lining in this particular cloud. During its fiscal third-quarter earnings call on Thursday, Apple confirmed that this year’s crop of flagship iPhones will launch a few weeks later than the normal late September…

The pandemic may have forced Apple Inc. to delay its big iPhone launch by a few weeks, but there is a silver lining in this particular cloud.

During its fiscal third-quarter earnings call on Thursday, Apple confirmed that this year’s crop of flagship iPhones will launch a few weeks later than the normal late September window. This counts as a major disclosure from a company that normally doesn’t breathe a word about future products, though it was also Apple’s worst-kept secret by this point. The Wall Street Journal reported…

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Robert Iger stepped aside as chief executive of Walt Disney Co., though he will retain significant power over the company that he expanded into Hollywood’s biggest and most powerful entertainment conglomerate over a more than 14-year tenure. Disney on Tuesday named the company’s head of parks and resorts, Bob Chapek, CEO effective immediately. But Mr.…

BP CEO Bob Dudley to Step Down, Followed by Oil-Drilling Chief

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