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How do you like them apples?Apple just became the first American public company to cross trillion in value.The iPhone maker achieved that big number on Thursday when the stock passed 7.04 a share. Apple is now up more than 20% this year.Shares surged after Apple reported earnings that topped forecasts and a healthy outlook on Wednesday.Even though some think Apple needs a new product to keep sales and profits booming, Apple has rallied past the trillion level thanks to solid sales of the iPhone 8 and X -- particularly in China and Japan -- and surging services revenue from the App Store.Related: Apple is showering its investors with cashApple is benefiting from investor euphoria surrounding the tech sector broadly as well -- and it could soon have company in the trillion dollar club.Amazon, Google owner Alphabet and Microsoft have all rallied to near record highs this year, too. Amazon is worth nearly 0 billion while Google and Microsoft are each now worth more than 0 billion.Apple is not the first publicly traded company in the world to surpass the trillion dollar mark though.Oil giant PetroChina briefly topped a trillion dollar valuation in 2007 when its stock began trading in Shanghai, but shares quickly plunged afterward. PetroChina, which is also listed on the New York Stock Exchange, is now worth about 5 billion.The-CNN-Wire 1375
In a joint status update filed in federal court, Special Counsel Robert Mueller's team claimed that former Trump campaign head Paul Manafort had lied to investigators after promising to cooperate with Mueller as part of a plea agreement. On Sept. 14, Manafort pleaded guilty on charges of conspiracy to defraud the United States and witness tampering. Manafort has remained in prison awaiting sentencing. Part of the update reads: "The plea agreement provides that if the defendant fails to fulfill completely “each and every one” of his obligations under this agreement, or “engages in any criminal activity prior to sentencing,” the defendant will be in breach of the agreement. A breach relieves the government of any obligations it has under the agreement, including its agreement to a reduction in the Sentencing Guidelines for acceptance of responsibility, but leaves intact all the obligations of the defendant as well as his guilty pleas."Manafort's counsel disputed the FBI's claims. The report states, "After signing the plea agreement, Manafort met with the government on numerous occasions and answered the government’s questions. Manafort has provided information to the government in an effort to live up to his cooperation obligations. He believes he has provided truthful information and does not agree with the government’s characterization or that he has breached the agreement. Given the conflict in the parties’ positions, there is no reason to delay the sentencing herein, and he asks the Court to set a sentencing date in this matter." 1595
IMPERIAL BEACH, Calif. (KGTV) — Nine local couples will say their "I dos" at a South Bay car wash Friday.The couples are set to marry on Valentine's Day in a group ceremony at Soapy Joe's in Imperial Beach. The car wash will host the free ceremony with a 50-foot aisle featuring overhead vacuums booming into ceremonial arches, as LED lights and flowers surround the couples. Couples will walk down the aisle to live music and the company's "Soapy" character will act as the ring bearer.RELATED: San Diego dog groomer to set people kissing dogs world recordThe couples include an artist and military veteran, a pair of high school sweethearts, and two people who has already overcome a lot together following medical setbacks, according to the business."We welcome all couples to participate in the 'Tunnel of Love' wedding, and hope to see the military community represented in the participants. By performing this group ceremony, we’re creating a fun way to bring our community together for what is one of life’s most special occasions," said Ron Deimling, Soapy Joe's vice president of customer experience.As an added bonus, the couples will get free car washes for the life of their car and 0 in wedding gifts for their registry. One lucky couple will also win a five-day, four-night honeymoon cruise to Mexico from the company.RELATED: SDG&E: Keep Valentine's Day Mylar balloons away from power linesFriday, the San Diego County Clerk expects to marry more than 100 couples. An average wedding in San Diego can also run more than ,000, according to Business Insider. The car wash hopes this takes that stress and financial pressure off these newlyweds as they begin their futures together."This is a fun alternative for couples to make it official without the costs associated with traditional weddings, or long waits at the county courthouse on Valentine’s Day," said Anne Mauler, vice president of marketing for Soapy Joe’s. 1945
HOUSTON (AP) — Mourners in George Floyd’s hometown of Houston will be able to view his casket as the series of memorials in his honor reach their final stop.A six-hour public viewing will be held from 12 to 6 p.m. CT Monday at Fountain of Praise on the city’s southwest side.Visitors must wear a mask and gloves to comply with coronavirus-related guidelines.Floyd’s funeral and burial will be Tuesday. That service is set to start at 11 a.m. CT at the same Houston church. Due to social distancing guidelines, it will be limited to 500 people, which will include family and close friends.Floyd died May 25 after a Minneapolis police officer pressed his knee into his neck for several minutes even after he stopped responding.Floyd’s death has inspired international protests and drawn new attention to the treatment of African Americans by police. 855
If flying is one of your fears, you're not alone. One class has been helping people overcome the fear for decades, by debunking some of the concerns keeping you on the ground."The plane just dropped suddenly," one woman remembers."We actually went up in an airplane and found out afterwards we had gone up in a hurricane," another woman recalls."What really scares me is somebody blowing something up on purpose," one traveler says."I actually thought I was going to die, says another traveler."It's led to some odd routines. "I have to like touch all four sides of the door on the way in and you know with the seats," says one passenger. "And count to 100 during take off."It has almost led do some missed opportunities."I thought ok I'll just never fly again I'm old I don't care," one woman says. "But my daughter is going to college and I want to go with her."That's why these people have decided to not only share but face their fears in this Fear of Flying Clinic. Students learn it's not the fear that's the problem but the way they think about it. And once that changes so does the fear."It's not easy to do because you do have a whole set up of automatic beliefs that are causing you trouble," says one of the class instructors.That's why debunking students' biggest fears is so important."I have some very disappointing news for you all about turbulence," says commercial pilot Captain Mark Connell. "We don't care. It doesn't make much difference to us."As scary as it might feel, Captain Connell compares a plane hitting turbulence to a car hitting a pothole. He covers everything from turbulence and weather, to pilot training and preparedness."There's something helpful about that to think to yourself well he flies planes all the time and he's not scared so I probably shouldn't be scared either," says Mimi Kravetz.Kravetz has been scared of flying since she was 10."When there's turbulence on an airplane, my heart starts beating quicker. I feel really panicky. I can't focus. I can't sleep and I wanted to get out of that feeling," Kravetz says.Now she's ready to face her fear. "It'll be interesting on Monday to try and go in to see if I can replace my current set of thoughts with a set of new ones," Kravetz says.And get into the air with as much ease as the plane she's riding in. 2351