The Business-Offloading Edition Saturday, July 1, 2023

Goldman Is Looking For A Way Out Of Its Partnership With Apple, by AnnaMaria Andriotis, WSJ

[Goldman Sachs] is in talks to offload those businesses and its credit-card partnership to Amex, according to people familiar with the discussions. Goldman has also discussed transferring its card partnership with General Motors to Amex or another issuer, some of the people said.

A deal with Amex isn’t imminent or assured, people familiar with the conversations said, and it could take a while to transfer the partnership in any case. Apple would have to agree to a transfer. The tech company is aware of the talks, which have been ongoing for months, the people said.


Apple Adjusts Trade-In Values For iPhones, iPads, Macs, And More, by Joe Rossignol, MacRumors

Apple today adjusted its estimated trade-in values for select iPhone, iPad, Mac, Apple Watch, and Android smartphone models in the United States, with some devices slightly increasing in value and others seeing decreases.

Louisville Psychologist Creates App To Help People With Dementia And Amnesia, by Molly Jett,

It gives people with dementia and amnesia access to games and homework assignments. It is geared to help track progress.


Apple's Market Value Ends Above $3 Trillion For First Time, by Noel Randewich and Tiyashi Datta, Reuters

Apple Inc's stock market value ended a trading session above $3 trillion for the first time on Friday, lifted by signs of improving inflation and bets that the iPhone maker will successfully expand into new markets.

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