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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 22, 2018
Page
4
Hundreds lined up at Apple stores worldwide for iPhone XS and XS Max launch as prices rose up to 200 dollars from last year’s iPhone X. Online orders dominated, with many buyers awaiting delivery on launch day and wait times extending to early October in the United States.
Under Armour plans a three percent global workforce reduction, about 400 roles, by April as the final piece of a 2018 restructuring costing up to 220 million dollars. The move aims to simplify the organization, boost cost efficiencies, and shift resources to drive operating leverage into 2019 and beyond.
London Comcast and Twenty-First Century Fox press toward a quick fire auction for Sky after no side withdraws. The Takeover Panel sets a three round private auction with bids via phone or email as Sky's independent directors weigh the $34 billion offers and potential Disney backing.
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