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Alibaba co-founder Jack Ma to retire: New York Times

Ma was quoted as telling the paper he would step down on Sept. 10 to pursue philanthropy in education. Alibaba was not available for comment outside business hours. Ma, a former tour guide, English teacher and self-styled “China’s Forrest Gump,” would remain on the company’s board of directors and continue to mentor the company’s management, the New York Times said. …read more […]

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Alibaba co-founder Jack Ma to retire – New York Times

Ma was quoted as telling the paper he would step down on Sept. 10 to pursue philanthropy in education. Alibaba was not available for comment outside business hours. Ma, a former tour guide, English teacher and self-styled “China’s Forrest Gump,” would remain on the company’s board of directors and continue to mentor the company’s management, the New York Times said. …read more […]

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Apple says U.S. tariffs on China would hit ‘wide range’ of products

Apple does not disclose specific revenues for most of the affected products, but the Apple Watch may be the biggest seller. It brought in about $6.1 billion(4.72 billion pounds) in revenue last year, according to an estimate from analyst firm Bernstein, a small portion of Apple’s $229 billion in overall sales. …read more […]

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Apple says U.S. tariffs on China would hit ‘wide range’ of products

Apple does not disclose specific revenues for most of the affected products, but the Apple Watch may be the biggest seller. It brought in about $6.1 billion in revenue last year, according to an estimate from analyst firm Bernstein, a small portion of Apple’s $229 billion in overall sales. …read more […]

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Obama: 'Suddenly Deficits Do Not Matter'

Former President Barack Obama stepped back into the political fray on Friday, delivering a blistering rebuke of President Trump and the Republican Party while signaling how he plans to campaign on behalf of Democrats ahead of November’s midterm elections, which he called more important than any he could remember. Speaking at the University of Illinois Urbana-Champaign, Obama said Trump is “capitalizing on resentments that politicians have been fanning for years” and accused Republicans adopting a politics of fear and anger. “Over the past few decades, the politics of division and resentment and paranoia has unfortunately found a home …read more […]