Amid supply chain difficulties stemming from China's zero-COVID policy, Foxconn's founder reportedly urged Chinese leaders to ease some of the country's guidelines.
If you've ever wondered why Wall Street professionals and everyday investors pay such close attention to what Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been buying or selling, just take a closer look at his track record. Since taking the reins in 1965, the Oracle of Omaha has led his company's Class A shares (BRK.A) to an aggregate return of 3,641,613% (through Dec. 31, 2021). Warren Buffett's success has been driven by a mammoth list of factors, including his long-term mindset and attraction to dividend stocks and cyclical businesses.
Hundreds of Apple workers in Australia are preparing to go on a strike ahead of Christmas to demand better working conditions and wages, union leaders and staff said, a move likely to hurt the iPhone maker's sales and services in the country. The less than two-day strike by about 200 of Apple's roughly 4,000 employees in Australia comes as the U.S. tech giant faces disruptions due to worker unrest in its main iPhone plant in China. Members of Australia's Retail and Fast Food Workers Union (RAFFWU) are asking Apple Inc for fixed rosters, known hours of work, weekends of two consecutive days and an agreed annual wage rise.