Apple offers breadcrumbs for a forecast, but is that enough to reassure Wall Street?

Apple Inc.’s breadcrumbs lead back to a familiar place: The iPhone is all that matters. After posting its largest revenue decline in more than six years — led by underwhelming iPhone sales — in its fiscal first-quarter earnings report Thursday, Apple once again refused to provide a traditional forecast for the coming quarter or year. … Read more

Beyond Meat revamps its retail strategy, hires new marketing executive

Beyond Meat Inc. BYND, +19.15%  is revamping its retail sales strategy to center on five major grocers and hiring a new marketing executive as part of an effort to reinvigorate the plant-based food maker’s business. The California-based company is orienting its retail business around Kroger Co. KR, -0.46%, Walmart Inc. WMT, -0.73%,  Publix Super Markets Inc., Costco Wholesale Corp. COST, … Read more

Market pros are feeling so happy about stocks right now, you have to wonder if they’re too bullish

There’s an old saw about how if you lay all the world’s economists end to end, they still won’t point in any one direction or reach a conclusion. There’s no such adage about market technicians, but in the past six weeks it appears that the diehard group of technical analysts have all reached the same … Read more

Opinion: Cities are questioning the point of parking garages

For the past century, the public and private sector appear to have agreed on one thing: the more parking, the better. As a result, cities were built up in ways that devoted valuable space to storing cars, did little to accommodate people who don’t own cars, and forced developers to build expensive parking structures that … Read more

Death and deceit in Malibu: How yogi couple befriended and stole millions from vulnerable rich doctor

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The tragic end of Dr. Mark Sawusch’s life all started in an ice cream shop in Venice Beach. On June 23, 2017, Sawusch — a brilliant, but troubled ophthalmologist who struggled with bipolar disorder — met Anton David and Anna Moore. It was a fateful encounter that would eventually lead to his death and the … Read more

The S&P 500 is flashing signs that the bear market finally could be over

The S&P 500 Index SPX, +1.47% has finally broken through major resistance at 4100. If the breakout holds through today, then it will be a valid one. Furthermore, SPX is now clearly above its declining 200-day moving average, and it is above the downtrend line that has defined the U.S. bear market for over a … Read more

Bridgewater’s Karen Karniol-Tambour promoted to co-CIO, continuing her rise as one of the most powerful women on Wall Street

Trading and investment firm Bridgewater Associates on Thursday promoted Karen Karniol-Tambour to co-chief investment officer as she continues her rise as one of the most powerful women on Wall Street. Hailed by the firm’s co-CEO Nir Bar Dea as “one of our most important leaders at the forefront of a new generation,” Karniol-Tambour, 37, joins … Read more

Okta CEO says layoffs were ‘the last thing I wanted to do’ as company cuts 300 jobs

The wave of software layoffs continued Thursday as Okta Inc. announced that it was cutting 300 jobs. Chief Executive Todd McKinnon disclosed the layoffs, which will affect about 5% of Okta’s OKTA, +4.87% employees, in an email to staffers Thursday that was also posted to the company’s corporate blog. “A workforce reduction like this is … Read more

Here’s the latest, most hopeful news on how to fight Alzheimer’s

The bad news about dementia you already know. It’s currently killing 6 million Americans, which is about six times the total number who have died from Covid-19. And the figures are rising, not falling. About one in three of us will get it. Scientists don’t fully understand what causes dementia. There is no treatment and no cure. And … Read more

Trump aide Hope Hicks joins Dolan team amid controversy over facial recognition at Madison Square Garden

Madison Square Garden has tapped a high-profile spin doctor to help its chairman, James Dolan, deflect criticism of his use of facial-recognition technology. Background: James Dolan defends facial-recognition policy as lawyers sue Madison Square Garden owner: ‘Please don’t come’ Dolan hired former Trump White House communications director Hope Hicks as a consultant at what’s been … Read more