Asian stocks started off the week on a mixed note Monday after U.S. markets experienced declines Friday, especially with tech stocks. Stocks in South Korea and Japan were especially low to kick off the week.
Here’s what you should know:
Apple Inc. (AAPL)
Apple announced that it is starting a battery replacement program.
The tech giant discovered that there’s a component in a limited number of 13-inch MacBook Pro (non-Touch Bar) units that could fail, which can cause the built-in battery to expand.
Apple is responding to this issue by announcing a battery replacement program for the afflicted 13-inch MacBook Pros, which were manufactured between October 2016 and October 2017.
The company added that this isn’t a safety issue. It is more of a performance problem, and the eligible batteries will be replaced free of charge. You can get your battery replaced with an Apple Authorized Service Provider, go to an Apple Retail Store or mail your MacBook Pro to the Apple Repair Center.
AAPL stock was down 4.1% Friday.
Delta Air Lines, Inc. (DAL)
Delta Air Lines is in hot water after one of its passengers got fined for keeping an apple from an airline flight.
Colorado woman Crystal Tadlock is facing a $500 fine from the U.S. Customs and Border Protection (CBP) after she saved a free apple she receive as a snack from the airline on the way back to the U.S. from Paris, France.
Tadlock said that flight attendants from the Delta Air Lines flight passed out apples in plastic bags as a snack and she put the fruit in her carry-on so she could save it for the second leg of her trip.
Once she got back to the U.S., she went through customs and her bag was chosen randomly for a search. A Customs agent found the apple with the plastic bag that had Delta’s logo on it. She asked if she could throw it away or eat it and the Customs agent said no, ordering her to pay a fine of $500 for failing to declare the fruit.
The minor incident could also lose Tadlock her Global Entry Status, which paves the way for pre-approved, low-risk travelers to have expedited clearance into the U.S.
DAL stock gained 0.6% Friday.
Starbucks Corporation (SBUX)
Starbucks is in trouble again after a hidden camera was found in one of its bathrooms.
A woman was using the coffee shop’s restroom in an Atlanta location and claimed that she found a hidden camera. The camera reportedly had dozens of videos on it, including some footage of people using the bathroom.
The camera was eventually confiscated, but only after the 25-year-old woman found the camera taped under the baby changing station. She let the manager on duty know about the issue and local public safety officers are now investigating the matter.
“We were quite concerned to learn this and are grateful to our customers and partners who took action to involve local authorities,” a Starbucks spokesperson wrote in an email to The Atlanta Journal-Constitution. “We will continue to support them in any way we can.”
SBUX stock declined 2.1% Sunday.
As of this writing, Karl Utermohlen did not hold a position in any of the aforementioned securities.