Apple backs off plans to increase production of its new eye phones this year. Apple shares were down as much as four point six % at their lows to day. We're here every day bringing you the latest news from the world business and finin plus technology, politics, economics. You can also listen to our radio show, tee p m, mister ton bloomburg radi or watch us on youtube.
Bloomberg News West Coast Correspondent Ed Ludlow reports on Apple backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize. Bloomberg News Finance Reporter Hannah Levitt discusses how a US investigation into unauthorized texting on Wall Street is forcing many of the world’s biggest banks to create a new compliance role: the WhatsApp cop. Bloomberg News Health Care Reporter Angelica Peebles shares the details of her Businessweek Magazine story Big Pharma Chases $55 Billion Prize of Safer Blood Thinners. And we Drive to the Close with Doug Ciocca, CEO at Kavar Capital. Hosts: Carol Massar and Scarlet Fu. Producer: Paul Brennan.
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