Here’s a have a look at Tuesday’s enterprise headlines with Jane King:
Fuel costs have climbed to the very best stage of the 12 months on Monday, reaching $3.88 a gallon, in response to Triple A. This enhance is because of oil costs exceeding $92 a barrel. The value of fuel has risen by 5 cents simply this week. Nevertheless, the present common in Central Indiana is $3.62 a gallon, which is barely decrease than it was every week in the past.
Clorox warns of a possible scarcity of wipes because of a cyberattack the corporate skilled final month. This scarcity is anticipated to affect their first quarter earnings. Clorox additionally owns different merchandise corresponding to Pine sol, Recent Begin cat litter, and Hidden Valley ranch.
Apple is experiencing sturdy demand for his or her new iPhones. Inside checks recommend that the demand is surpassing the availability, in response to stories from Goldman Sachs and Wedbush.
Amazon’s Fall Prime Day sale will happen on October 10-11 and is now known as Prime Massive Deal Days. This occasion is designed to kick off the early vacation buying season, occurring earlier than Black Friday and Cyber Monday.
A survey carried out by OnePoll in partnership with Intimina discovered that 65% of mothers use social media, whereas 26% don’t. Apparently, those that use social media are greater than 4 occasions prone to really feel like a nasty mother or father. The survey additionally revealed that seeing different mothers on TV or social media pressures respondents so as to add issues to their day by day routines, corresponding to exercising, cooking, and waking up early.