Business News Weekly ─ March 11, 2109 

“It is prime time for smart watches” ─ from an article in the Wall Street Journal. Actually 50 million were sold in 2018, with Apple share around 45%. Apple’s piece was $9.9 billion so this is not a fad. Prices are still in the $300 and up.

“Tesla’s price cuts prompt backlash in China” ─ from an article in the Wall Street Journal. The problem is buyers are complaining because they paid a much higher price. 

“Amazon plans a new grocery chain” ─ from an article in the Wall Street Journal. Markets in big cities would move the online giant further into physical retail. This would be independent of Whole Foods. The giant plans to open his first outlet in Los Angeles this year.

“Pricey phones get cool reception” ─ from an article in the Wall Street Journal. Folding – screen devices cost around $2000; carriers don’t expect a stampede of buyers.

“Keeping talent America trains” ─ from an article in the Wall Street Journal. Pres. Trump says he supports more legal immigration based on merit. A study shows that foreign grads don’t steal American jobs.

Chinese hackers target colleges for maritime military secrets. Chinese hackers have targeted more than two dozen universities in the US and around the globe as part of an elaborate scheme to steal research about maritime technology being developed for military use.