Tell us volatility is back, but were not seeing it. This morning the vix is trading at 10. It marked the second time this year that the vix traded below 10. Overnight in asia, take a look and youll see the nikkei was up by 0. 7 . Hang seng was up by a third of a percent. The shanghai was down by a third of a percentage point. In europe, some of the early trading, things are relatively calm. Ftse up by a half percentage point. Modest gains for the cac and dax. Among the top stories, big news out of hollywood. The Writers Guild of america reaching a tentative agreement with the alliance of Motion Picture and Television Producers avoiding a Writers Strike. They reached an agreement just after midnight. The Writers Guild had threatened to strike today if an agreement was not in place. Infosys making a big bet on america. The Company Announcing it will create 10,000 jobs here in the United States of the next two years. Those jobs will focus on the cloud, Artificial Intelligence and big data
Announcer this is nightly Business Report with Tyler Mathisen and sue herer surprise decline. Shipments of apples flagship product, the iphone, fell, rambling up pressure that its next model be a blockbuster. We will work incredibly hard to reearn not your business necessarily, but your trust. Uniteds ceo apologizes again for that infamous incident last month when a doctor was dragged from his flight. In lawmakers made clear that either he fixes the mess or they will. Deep cuts. Kansas slashed taxes to revive the economy. But what happened next . Those stories and more tonight on nightly Business Report for tuesday, may 2. Good evening, everyone, and welcome. The numbers are enormous. But perhaps not enormous enough. Apple, the worlds most valuable publicly traded company sold more than 50 million iphones in the most recent quarter. That was a decline, though, from a year ago. That could be a sign that consumers are actually just waiting to spend their money on the next 10th Anniversar
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