Wednesday☕️

Trending:
- Apple
- Israel
Markets:
- Yesterday's US market:

- Yesterday's crypto market:

Apple:

- Apple has launched Apple Pay Later, allowing users to apply for loans of $50-$1,000 to make purchases online or through Apple Pay. Apple Pay Later purchases are divided into four payments over six weeks.
- While there are no fees or interest, users must link a debit card to their Apple Wallet to repay the loan. If there is insufficient funds in the user's bank account at the time of repayment, their bank may charge a fee.
- Apple Pay Later uses Mastercard's Installments program, and any store that uses Apple Pay can accept the loans.
Israel:
- Israeli Prime Minister Benjamin Netanyahu has announced he will postpone plans to restructure the judicial system stating he wants to avoid civil war.
- This decision was made in response to strikes and mass protests that caused significant disruption in the country.
- Post announcement, the leader of Israel's biggest trade union stated that the planned strike involving its 800,000 members would be canceled.
Business:
- Sam Bankman-Fried (SBF) is facing a new charge for paying over $40 million in bribes to Chinese officials to unfreeze accounts.
- JPMorgan's CEO, Jamie Dimon, will be required to give a deposition regarding his bank's connections to Jeffrey Epstein.
- Lyft's co-founders are stepping down as CEO and President and from the company's day-to-day operations as they struggle to keep up with rival Uber.
- Disney is cutting 7,000 jobs to reduce costs and will begin its first round of layoffs this week.
- Pepsi has changed its logo for the first time in 15 years.
Statistic
- Asia's top sources of electricity:
- Coal: 52%
- Natural gas: 17%
- Hydro: 14%
- Nuclear: 5%
- Wind: 4%
- Solar: 4%
- Oil: 2%
- Biomass: 2%
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