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Apple Issues Major Update on Conditions in Supply Chain

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    FBN's Adam Shapiro breaks down afternoon market news.

  • Duration 0:55
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I'm Adam Shapiro with your -- business -- US stocks are slipping after breaking news this -- from -- French newspaper that's Standard and Poor's will cut Italy Spain and Portugal's credit rating -- two notches.

And plan to cut France by one right now the Dow is down triple digits 115 points apple has agreed to let outside monitors into factories.

In China to examine the working conditions there the move comes as apple faces pressure from human rights and environmental groups following the deaths of fifteen people.

And one of its Chinese parts suppliers California makes a move for the environment the statements require cell phones tablets and hundreds of other electronic devices.

To have energy efficient battery charges beginning next year despite objections from consumer product makers the California energy commission voted.

To regulate regular charges.

That's the latest from the Fox Business -- giving you the -- to prosper.