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Morning Business Outlook: 12/7/12
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Apple gains on reports of insourcing
- Duration 1:18
- Date Dec 7, 2012
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Apple gains on reports of insourcing
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Good morning stocks rose for a second day on Thursday as investors scooped up technology names the NASDAQ broke a four day losing streak gaining about fifteen points.
The S&P 500 added about five in the Dow Industrials -- forty points the blue chips the only index.
Heading into Friday's session higher on the week.
Apple shares found positive territory on reports -- -- -- saying that's a word you don't -- -- -- the tech giant is reportedly moving some Mac production.
Here to the U west from China next year.
The move is expected to cost apple more than a hundred million dollars but it's a good investment for the company.
After a recent slew of labor issues and bad PR at its Asian factories.
I ain't done with some of your holiday shopping how are you paying for those gifts if the answer is on your credit card.
Then you're likely worried about paying off that -- might fight -- as a quarter of folks surveyed.
It'll need more than three months to pay off their holiday expenses and that is up from 18% said the same thing last year.
And one -- that certainly being racked up student debt and -- possible solution to the growing crisis congressman Tom Petri of Wisconsin wants employers to automatically deduct student loan payments from paychecks.
According to Bloomberg.
That's business for more -- onto foxbusiness.com.
In New York online --