With the chairman in the midst of a sales lunch, whose as the company has a plan b. And the cost of being cool. A former executive testifies the Company Fired thousands of workers in recent years in an effort to compete with Companies Like google and amazon. The latest on multiple age discrimination lawsuits facing big blue. Our top story of the week, apple earnings. The tech giant forecasting revenues that topped analyst estimates, and services now contribute to a fifth of total sales. They also reported the iphone represented 45 of revenue, the first time it has made up half of sales. In a way, this is progress towards apples less reliance on the flagship product and more on new lines of business. I got reaction from bloomberg businessweeks max chafkin and a Portfolio Manager, dan morgan, who manages apple stock for his clients. Dan it was interesting, if you would have told me they would have missed on both services and revenue, i would have said there was no way they would beat on
Antitrust probe into facebook, looking squarely at the social networks buys. And cloud wars. A new u. S. Defense secretary, mark esper, says he will review the pentagons 10 billion cloud contract and concerns it is amazon is getting an unfair advantage. This following President Trumps concerns. But first to our top story. President trump up ripley abruptly escalated his trade war with china thursday, tweeting during the talks, the u. S. Will start on super one, putting a small additional tariff of 10 on the remaining 300 billion of goods and products coming from china into our country. This does not include the 250 billion already tariffed at 25 . This after failing to come to an agreement in recent talks in shanghai. Tech stocks including apple plunged on the news. Tariffs in may included tech goods including most of apples major products. Earlier, asked about if he is concerned about the reaction. Listen to what he had to say. Pres. Trump im not concerned at all. People are not under
More details emerge about the antitrust probe into facebook, looking squarely at the social networks buys. And cloud wars. A new u. S. Defense secretary, mark esper, says he will review the pentagons 10 billion cloud contract and concerns it is getting an unfair advantage. This following President Trumps concerns. But first to our top story. President trump up ripley escalated his trade war with china thursday, tweeting during the talks, the u. S. Will start on super one, putting a small additional tariff of 10 on the remaining 300 billion of goods and products coming from china into our country. This does not include the 250 billion dollars already terrorist at 25 . This after failing to come to an agreement in recent talks in shanghai. Tech stocks including apple plunged on the news. Included tech goods including most of apples major products. Earlier, asked about if he is concerned about the reaction. Listens to what he had to say. Im not concerned at all. People are not understandi
15pound rock 20 feet in the air. Reporter but chp says it found no evidence of anyone throwing anything onto the highway. Meantime caltrans said it subjected contracts for emergency projects. The work will be for approximately five miles of 680 southbound and one mile of state route 24. Weve had four, five months of heavy rain, inclement weather that further deteriorates the roadway. Reporter due to the heavy rains, caltrans says maintenance crews have conducted sweeping operations approximately ten times since late december to clean up loose materials. In walnut creek, melanie woodrow, abc 7 news. To developing news now. A threeday ordeal is over tonight for evacuees living near the oroville dam. Butte county officials lifted the Evacuation Order for nearly 200,000 people in the oroville area south of chico. We learned a short time ago that fema approved governor browns request for federal assistance with the flooding threat. Officials say the damaged main spillway has been stable for
Damaged along the same stretch of road. Good evening on that you for joining us. Im ama daetz. And im dan ashley. No one hurt but dozens of people said theyve had their windshields and sun roofs smashed while driving. The damage is clustered around highway 24 outside of chestnut creek. The chp thought someone was throwing objects down onto the freeway. They revealed the cause is something else. Reporter Melanie Woodrow shows you the answer came when they looked in a different direction. Reporter shattered windshields, broken glass, and a deafening sound. I immediately thought it was a gunshot. Reporter not once, not twice it was such a scary moment, and i can still hear the sound. It was just awful. Reporter but dozens of times since december. Today we had about 55 repo reported to chp. Reporter where interstate 680 meets 24 near an overpass. Luckily no one was seriously injured. Now chp says its not someone who is responsible, its something. All of the evidence weve gathered through o