Business

Warner Music surges in Nasdaq debut after IPO raises $1.9 bln

Warner Music Group, one of the globe's "big three" recording companies, jumped in its market debut Wednesday after raising more than $1.9 billion in an initial public offering that underscores how streaming has reinvigorated ...

Business

Apple pinched by pandemic; profit, iPhone sales decline

Apple's profit dipped slightly while revenues rose in the January-March quarter, reflecting early fallout from a coronavirus pandemic that shut down its factories and then forced hundreds of Apple retail stores to close.

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