Apple Plans To Shift From China To India
An Article Summarized by CNET Apple is preparing to shift all U.S.-bound iPhone production—around 60 million devices annually—to India by the end of 2026, according to the Financial Times. The move comes amid heightened U.S.-China trade tensions and the threat of steep tariffs, prompting Apple to diversify its supply chain away from China. Although phones…
Jobless Claims Go Up, But In-Line With Expectations
An Article Summarized by Investing.com U.S. jobless claims rose slightly to 222,000 for the week ending April 19, up from 216,000 the week prior, matching economists’ expectations. The four-week moving average, which helps smooth out weekly fluctuations, dipped slightly to 220,250 from 221,000. These figures point to continued stability in the labor market, even as…
Instagram launches Edits App
An Article Summarized by The Verge Instagram has officially launched Edits, a new video editing app aimed at competing with TikTok’s CapCut. Available now for free on iOS and Android, Edits offers advanced tools like AI animations, green screen effects, and subject cutouts—features not found in the regular Instagram app. It also includes project management…
Walgreens Agrees To Pay At Least $300 Million In Opioid Settlement
An Article Summarized by CBS News Walgreens Boots Alliance has agreed to pay $300 million to settle allegations that it unlawfully filled millions of invalid prescriptions for opioids and other controlled substances. According to a complaint filed by the U.S. Department of Justice, Walgreens pharmacists knowingly filled illegitimate prescriptions over more than a decade, including…
Klaus Schwab Officially Out As Head Of World Economic Forum
An Article Summarized by Reuters Klaus Schwab, the 87-year-old founder of the World Economic Forum (WEF), has officially stepped down as Chair and board member after decades of leading the organization. Known for establishing the WEF in 1971 and turning its annual Davos summit into a global hub for business and political leaders, Schwab’s resignation…
AI Fueling Startup Growth
An Article Summarized by CNBC Early-stage startups in Silicon Valley are experiencing unprecedented growth, largely fueled by advancements in artificial intelligence, according to Y Combinator CEO Garry Tan. During the startup accelerator’s winter 2025 demo day, Tan revealed that participating companies grew 10% per week — a record pace for the early-stage venture ecosystem. AI…
Trump Opposed Israeli Strike On Iran, In Favor Of Negotiation
An Article Summarized by Reuters Former U.S. President Donald Trump blocked a planned Israeli strike on Iranian nuclear facilities, choosing instead to pursue diplomatic negotiations aimed at limiting Iran’s nuclear program, according to The New York Times. The report, citing administration officials and other sources, revealed that Israel had developed plans for a strike in…
Zoom Down
An Article Summarized by The Verge Zoom is currently experiencing a significant outage, with users across the country reporting issues accessing video calls and even the platform’s website. According to Downdetector, the disruption began around 3PM ET, and users on X have been sharing their experiences—ranging from being unable to join meetings to getting error…
20,000 IRS Employees Interested In Deferred Resignation
An Article Summarized by CNBC Around 20,000 IRS employees have shown interest in accepting a deferred resignation offer from the Trump administration, potentially shrinking the agency’s workforce by about 20%. If all of them follow through, they will be placed on paid leave through the end of the fiscal year on September 30. This development…
Pennsylvania Man Arrested After Setting Gov. Shapiro’s Home On Fire
An Article Summarized by CBS News A Harrisburg man, Cody Balmer, 38, has been charged with attempted murder, terrorism, aggravated arson, and other crimes after allegedly setting a fire at the Pennsylvania Governor’s Residence early on April 13th. Authorities say Balmer climbed a fence, evaded troopers, and used a homemade incendiary device to start the…