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.

Business

Boeing seeks $60 bn in US support for aerospace industry

Boeing is seeking at least $60 billion in federal support for the aerospace industry to help it navigate a battered aviation environment due to the new coronavirus, company officials said Wednesday.