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Samsung Electronics Co will halt operations of its last computer factory in China, the South Korean tech giant said on Saturday...The factory shipped $4.3 billion worth of goods out of China in 2012, a figure that had sunk to $1 billion by 2018...
-- Joyce Lee, Reuters

The issue now is just how much more can be asked of this stock cohort at this stage. Apple gained 10% Friday after its results but Amazon failed to rise even 4% and sits below its July high. A faint hint that most of the stupendous business performance is largely in these stocks by now? The Nasdaq 100, too, has surrendered a couple percentage points of outperformance versus the firm but range-bound S&P 500 over the past few weeks.
-- Michael Santoli, CNBC

The SUV-sized rover Perseverance launched at 4:50 a.m. Pacific time aboard a United Launch Alliance Atlas V rocket. The rover is slated to land on Mars on Feb. 18, 2021, landing in the planet’s Jezero Crater. The rover will look for signs of past microbial life and collect rock and soil samples for eventual return to Earth.
-- CBS Los Angeles

"I have reached the conclusion we do not need to change our antitrust laws,” Sensenbrenner told the committee. He subsequently asked Amazon's Bezos to speculate on what might happen if the federal government ordered his company to break into smaller components, saying, "You might have to go to separate places for books or groceries or videos or electronics. How are the consumers helped by that?" Bezos agreed: "They would not be."
-- Rudy Takala, MediaIte

I think it's safe to say that Congressman Sensenbrenner got the memo.

So far this year, Boeing deliveries of new airliners — a critical source of cash for the Chicago company — are down 71%. Boeing recorded 59 orders, but also 382 cancellations, mostly for the troubled Max. Another 323 orders, also mostly for Max planes, were removed from Boeing’s backlog because of uncertainty about the deals going through.
-- David Koenig, Associated Press

CFO Kevin Ozan said that the company expects U.S. same-store sales to be slightly positive in July. Breakfast continues to be the most challenged meal, but the company is stealing market share from its competitors.
-- Amelia Lucas, CNBC

Some of these commuting rituals, like hitting-up Starbucks or McDonald's on the way to work, are never coming back -- Scrib