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Stocks fell sharply Monday, dragged down by reports that Apple's newest line of phones may not be selling as well as Apple or its investors had hoped.The Dow fell 450 points and the Nasdaq tumbled 2.8%.Apple's stock fell once more after the Wall Street Journal reported that Apple has cut orders for its iPhone XR, iPhone XS and iPhone XS Max.The new iPhones, which Apple unveiled in September, cost more than previous versions. The 9 iPhone XR is the least expensive new iPhone, but it costs more than last year's cheapest model, the iPhone 8.The iPhone XS Max can cost up to ,449. The higher prices -- without many more features -- could be driving customers to keep their current phones longer or buy last year's models.Apple declined to comment about the Journal story or broader concerns about iPhone demand.Shares of Apple fell 4% and have now plunged about 20% from the all-time high it hit a few months ago, when Apple (AAPL) was worth more than trillion.The stock ended a 5-day losing skid on Friday after an analyst at Morgan Stanley suggested that the supplier concerns are overdone.Apple, which is a member of the Dow, was hurting the blue chips too.Several makers of chips and other components used in iPhones have warned of soft sales and profit in recent weeks, citing sluggish demand for higher-end smartphones.To that end, shares of Apple suppliers, such as Qorvo (QRVO), Broadcom (AVGO), Cirrus Logic (CRUS) and even Apple's key Anrdoid phone rival Samsung were all lower Monday too. Samsung also makes chips for iPhones.Investors have other reasons to be concerned about the future of Apple -- as well as other big tech companies for that matter.Apple CEO Tim Cook said on the "Axios on HBO" show Sunday that he expects Washington to crack down on tech firms in the wake of high-profile privacy scandals, such as the Cambridge Analytica problems that have plagued Facebook (FB)."I am not a big fan of regulation," Cook said to Axios on HBO. "I'm a big believer in the free market. But we have to admit when the free market is not working. And it hasn't worked here. I think it's inevitable that there will be some level of regulation."HBO, like CNN, is part of WarnerMedia, which is owned by AT&T (T). 2244

Taylor Swift announced Tuesday morning that she will be releasing an intimate concert film on Disney+.The original film is titled “folklore: the long pond studio sessions” and will premiere at 3 a.m. EST on Wednesday.The film will feature performances of songs from Swift’s latest album “Folklore,” which the singer wrote and recorded during the COVID-19 pandemic.“It’s an album that lets you feel your feelings and it’s a product of isolation,” Swift said in a teaser released for the film.Well it’s 11/24 and 24-11=13 so I’ve got an announcement ?? You haven’t seen this film before ? folklore: the long pond studio sessions will be out tonight at midnight PST on @DisneyPlus! #folkloreOnDisneyPlus pic.twitter.com/BTWSRM0yaI— Taylor Swift (@taylorswift13) November 24, 2020 In the teaser, Swift is accompanied by Jack Antonoff and The National's Aaron Dessner, who collaborated on the album.“This could have been a time that I lost my mind and instead, you know, this album was a real flotation device for both of us,” Swift tells Dessner.According to a press release obtained by “Good Morning America,” Swift will perform each song from “Folklore” in the order they appear on the album. It also reveals that Bon Iver’s Justin Vernon, who is featured on the song “Exile,” will make a guest appearance.Swift told “GMA” on Tuesday that she and her collaborators filmed the performances at Dessner’s Long Pond recording studio in upstate New York in September, using a robotic camera to abide by COVID-19 safety protocols.Tomorrow, you’re invited to an intimate concert of the record-breaking album from @TaylorSwift13. folklore: the long pond studio sessions, an Original Film, is streaming Nov. 25 exclusively on #DisneyPlus. #folkloreOnDisneyPlus pic.twitter.com/PGk8GtG4tF— Disney+ (@disneyplus) November 24, 2020 1826

The 2020 holiday shopping season will be different from all other years due to the coronavirus pandemic.Target on Thursday became the latest major retailer to outline how it will attempt to keep is employees safe during the busy holiday shopping season.For one, Target expects to match 2019 hiring levels despite a downtrodden economy. The company said that it will double its staff dedicated to contactless shopping options, like its “Drive Up” service.Target said that seasonal employees will be given free access to virtual doctor visits through the end of the year, backup daycare, mental health services, and PPE. Seasonal employees, in addition to current staff, will also be paid for up to 14 days if required to quarantine or have a confirmed coronavirus-related illness."The success of our business strategy rests on the strength of our team and their ability to adjust quickly to the needs of our guests and their changing shopping patterns," said Melissa Kremer, Target's Chief Human Resources Officer. "Throughout the year, the team has successfully balanced strong demand in our stores with surging digital volume. Knowing that the holiday season will be unlike any other, we're building in even more flexibility to make sure Target remains a safe and convenient place to work and shop, while investing in our team's industry-leading pay and benefits." 1373

Tennis star Venus Williams has reached a settlement in the wrongful death suit centered around a fatal car accident, according to court documents.The accident, in which the other driver's Hyundai Accent crashed into Williams' Toyota Sequoia, resulted in the death of Jerome Barson two weeks later. His wife, Linda, was driving and was injured when the crash happened at an intersection in Palm Beach Gardens.Court filings from last week show that the case was dismissed with prejudice after a settlement was reached between Williams and Barson's estate, but the settlement amount was not listed.No charges were filed against the tennis star and a second driver over the crash in June 2017, Florida authorities said.An investigation supported by video surveillance showed Williams did not violate the other driver's right of way, the Palm Beach Gardens Police said in an investigative report obtained by CNN affiliate WPBF."Based upon this investigation and relevant Florida state statutes, no charges will be filed in this case," the report said. 1054

TALLAHASSEE, Fla. - The Tallahassee Police Department announced Tuesday the outcome of a "large-scale" human trafficking investigation that resulted in 178 people being arrested.The department recently concluded a two-year-long operation, called "Operation Stolen Innocence," involving human trafficking and child sex trafficking right within the Capital City community.TPD Chief Revell said that it started with an investigation after a 13-year-old child’s image was seen on a prostitution website. Investigators with TPD’s Special Victims Unit set up an operation to rescue the child to ensure her safety. Operation Stolen Innocence involved underaged people being sex trafficked right here in Tallahassee. @abc27 pic.twitter.com/mZjRn7kDD3— Jada E. Williams (@JadaEWilliams) November 17, 2020 The investigation began in November 2018. Since then, 106 people have been charged with felonies and 72 with misdemeanors. Nineteen people also face federal charges, according to Revell.Charges range from solicitation of prostitution to human trafficking of a minor. Police said all suspects are from the southeast region, spanning all the way to Mississippi and Alabama.Revell said that he's "never been a case of this magnitude" in the 30 years he's been in Tallahassee. One of the investigators who was praised for her work on the case called the initial case that leads to dozens of arrests "horrific." More than 170 people were arrested in connection to Operation Stolen Innocence. Charges range from misdemeanor to felony. @abc27 pic.twitter.com/K5cGQNcU2A— Jada E. Williams (@JadaEWilliams) November 17, 2020 "We know it's going on in our community. We need to address this and we know it takes state and federal partners," Revell said.TPD did not release any specifics on individual cases to prevent from identifying any of the victims.Now, police are asking other victims to come forward. They said some of the most common ways to recognize a potential human trafficking victim are:The person appears malnourished.They show signs of physical injuries or abuse.They avoid eye contact, social interaction, and law enforcement.They do not have official identification or personal possessions.They are never away from people.If you see something, say something and call TPD at 850-891-4200. You can also remain anonymous by calling Crime Stoppers at 850-891-TIPS.Revell, other representatives from the agency, as well as representatives from the United States Attorney’s Office Northern District of Florida, State Attorney’s Office for the Second Judicial Circuit, Homeland Security, United States Marshal Service, Florida Department of Law Enforcement, and the Leon County Sheriff’s Office, were in attendance for the announcement Tuesday morning.WTXL was at the event and streamed it live on Facebook. You can watch the full announcement below: This story was first reported by WTXL Staff in Tallahassee, Florida. 2941

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