đ Apple is flexing
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Hereâs what you need to know
Apple wonât back off on stock buybacks. The tech giant authorized another $90 billion in share buybacks this year, flexing its financial muscle in the face of declining revenue.
HSBC shareholders will share their two cents about restructuring. A potential spinoff of the British lenderâs Asia business is on the table, and one activist investor in particular is being very, very vocal about it all.
China says its domestic tourism packed an extra bag. Tourists made 274 million trips throughout mainland China over the May Day holiday break, its travel ministry said, up 19% over the same period in 2019.
French oil giant Total is getting petty. In a lawsuit against Greenpeace France and climate consulting company Factor-X, Total sought $1.10 in damages over a report that claimed it significantly underestimated emissions.
Tesla, on the other hand, is finally disclosing the full extent of its carbon emissions. For the first time, the EV maker is accounting for some of the impact its supply chain is having on the climate.
Indian media companies are hurting. A global downturn in advertising revenues has squeezed the quarterly profits of flagships such as Hindustan Times, New Delhi Television, and Zee.
What to expect from the coronation of King Charles III
11:00: Time the coronation service begins on May 6, British Summer Time
Quartz reporter Julia Malleck found four other big numbers to know about the coronation, including how much the Stone of Scone weighs (thatâs a real thing), and the number of individually-wrapped chocolates used to create a lifesize King Charles III sculpture.
How to drink mezcal sustainably
For decades now on Cinco de Mayo, Americans have consumed thousands of liters of tequila and Mexican beerâsometimes more, in fact, than they do on Super Bowl Sunday. The holiday, which was never a major Mexican celebration to begin with, has been crafted by American party and liquor companies into an occasion for celebratory drinking.
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Surprising discoveries
Selfie stupidity at Yosemite isnât a new phenomenon. As far back as 1890, photo-chasers were balancing on one leg at the cliffâs edge, and even rolling up a car to the mouth of a 3,000-foot-drop.
Climate change means fewer chicks. The worrying trend is particularly affecting birds that migrate.
In the US, there are more Subway stores than Starbucks. Is it any surprise then that the banking sectorâs white knight is also helping out the countryâs largest restaurant chain?
Indian jewelry is getting less shiny. But moving away from gold and silver is all in the name of sustainability.
Grapefruits arenât natural. Theyâre bred, and they were showcased at the Worldâs Fair as a food invention. Hear what other foods were invented and flaunted at the global exhibition in the latest episode of the Quartz Obsession podcast.
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