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Entering Hollywood Apple Inc will set up a new regional headquarters in Los Angeles
Apple Inc said on Friday that it would build a new regional headquarters at the border of Culver City, Calif., and Los Angeles, indicating that the company will continue to invest to become a major player in Hollywood. Apple Inc said the regional headquarters, with an area of 550000 square feet, will span two office buildings and will accommodate teams engaged in Apple TV+, Apple Music, engineering and artificial intelligence. Apple Inc's new headquarters marks that the company will continue to invest in creating content for Apple TV+ and that it will continue to recruit and expand in Hollywood. Apple TV+ is apple
Yahoo CEO announces resignation, dating app Tinder CEO takes over
Sina Technology News Beijing time on the evening of Sept. 10, it is reported that Yahoo CEO Guru ran Pan (Guru Gowrappan) announced today that he will resign as CEO and be succeeded by Tinder CEO Jim Lanzorn (Jim Lanzone), a dating app. Apollo Global Management, a private equity firm, announced earlier this month that it had completed its acquisition of Yahoo from Verizon Communications Inc in a deal worth about $5 billion. Today, Yahoo CEO Gu ran Pan said in a memo to employees that the company has opened
The rise in residential prices in the US reached a new high in June, driven by low interest rates and tight housing
In a situation where housing supply is tight, low-interest loans spurred buyers to compete for prices, and US housing prices once again recorded the biggest increase in more than 30 years.
Bank of America says the Fed's new policy framework means it can implement a “buy on dips” strategy on US Treasury bonds
Bank of America's Ralph Axel wrote in a report to customers on Tuesday that, given the Federal Reserve's new policy framework, buyers are likely to emerge when the yield on 10-year US Treasury bonds approaches 1.5%. The current 10-year yield is around 1.28%, below the midpoint of this year's 0.905%-1.774% range. Axel said that the Fed's flexible average inflation target framework “has a high probability of causing the Fed to stay on hold for a long time, or even cut interest rates without a threat of recession.” Given global deflationary pressure, 10-year interest rates “could reasonably remain very low, and
Toyota's share price broke through 10,000 yen for the first time to reach an all-time high.
Toyota shares rose 1.2%, hitting an all-time high of 10010 yen for the first time. The East Stock Exchange Transportation equipment Index rose 0.8%, and the East Stock Exchange Index rose 0.8%. Toyota shares have risen 26% this year.
Demand for masks in the United States drops sharply Honeywell closes two mask factories
Honeywell International has announced that it will close two N95 mask plants that were hastily put into production last year in response to a surge in demand during the outbreak, as fewer people wear masks in the United States as vaccines are rolled out. A Honeywell spokesman said the closure would affect about 470 employees at the Smithfield plant in Rhode Island and 700 at the Phoenix plant. At present, many states in the United States have stopped requiring people to wear masks, and the vaccine has given more people the confidence to give up wearing masks. "We are seeing a sharp decline in demand for N95 masks," the spokesman said. " He said that the company will continue to be in office.
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