NEWS-03
JetBlue`s cabin get a makeover.>
markets in Asia got a boost after Wall Street`s rebound. Tokyo`s Nikkei
rose more than two percent to finish near a two-month high.>
On the CBS MoneyWatch, sales of Apple`s iPhone hit a bump and JetBlue`s cabin gets makeover-- get a makeover, rather. Jim-- Jill Wagner is at the New York Stock Exchange with that and more. Good morning, Jill.
JILL WAGNER: Good morning, Anne-Marie. China and Shanghai Composite fell this morning but other stock markets in Asia got a boost after Wall Street`s rebound. Tokyo`s Nikkei rose more than two percent to finish near a two-month high. Hong Kong`s Hang Seng added one percent. Oil prices jumped four percent yesterday and that sent stocks on Wall Street higher. The Dow gained two hundred and eighty-two points. The S&P rose twenty-six. The NASDAQ gained forty-nine.
Trouble may be brewing at Apple. Apple says it expects sales of iPhones to decline in the first quarter of this year. So that would be the first time that`s happened in thirteen years. In the last quarter of 2015 during the holiday season, Apple sold 74.8 million iPhones. That`s a record but it is the slowest rate of growth since iPhones were introduced in 2007. Apple says revenue could fall over eight and a half percent during the January to March quarter.
Weight Watchers` stock is soaring. Thanks to Oprah`s weight loss. The stock jumped almost twenty percent yesterday after a new commercial starring Winfrey aired. She says she lost twenty-six pounds on the Weight Watchers plan and ate bread every day. Winfrey owns about six and a half million shares of Weight Watchers, so that means that she made about twelve and a half million dollars on paper.
JetBlue is redesigning the cabins of its Airbus fleet to include free Wi-Fi and larger seatback TV screens. The new Wi-Fi- system will let flyers stay connected gate-to-gate. JetBlue says the new seats will have more leg room, power outlets, and USB ports. Those updates will take about three years to complete.
And last weekend`s big snowstorm hit Broadway`s box offices hard. Saturday`s performances were cancelled. Attendance for the week was down by over eighty-three thousand. Grosses for the week ending in-- on Sunday were down 1.3 percent from the previous week. Every show lost money. And I heard about a lot of people with Hamilton tickets who were not happy.
ANNE-MARIE GREEN: Oh.
JILL WAGNER: Anne-Marie.
ANNE-MARIE GREEN: I can imagine. They are pretty hard to get your hands on for sure. Yeah, a lot of people were pretty disappointed. Jill Wagner at the New York Stock Exchange. Thanks a lot, Jill.
Coming up in sports, Peyton Manning`s possible finale? We will show you what the Broncos quarterback said to coach Bill Belichick that`s spurring talk of his retirement.
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