Cheddar morning business update 9/13: Apple shares fall after iPhone X announcement

Posted: Updated:
Top morning business and technology headlines for Sept. 13, 2017:
  • Apple launched its highly anticipated high end iPhone X Tuesday, but investors were not impressed. The tech company’s shares fell Tuesday following the announcement. Analysts said most of the phone’s functionality had already been leaked, and the big concern is that the phone won't ship until Nov. 3 - much later than expected.
  • Amazon's second headquarters in North America, aka Amazon HQ2, could be built in Boston. Bloomberg reports that several execs are pulling for the city. 
  • Olive Garden’s Never Ending Pasta Pass returns this week. For $100, customers can get unlimited pasta and breadsticks for eight weeks. The pass goes on sale Thursday at 2 p.m. ET at PastaPass.com. Last year, the passes sold out in one second.
  • BusinessMore>>

  • 'Solo' sputters in takeoff at box office with $83.3M

    'Solo' sputters in takeoff at box office with $83.3M

    Sunday, May 27 2018 11:54 AM EDT2018-05-27 15:54:42 GMT
    Sunday, May 27 2018 1:27 PM EDT2018-05-27 17:27:01 GMT
    (Jonathan Olley/Lucasfilm via AP). In this image released by Lucasfilm, Alden Ehrenreich, right, and Joonas Suotamo appear in a scene from "Solo: A Star Wars Story."(Jonathan Olley/Lucasfilm via AP). In this image released by Lucasfilm, Alden Ehrenreich, right, and Joonas Suotamo appear in a scene from "Solo: A Star Wars Story."
    The Han Solo spinoff "Solo: A Star Wars Story" came in well below expectations with an $83.3 million opening weekend at the North American box office.
    The Han Solo spinoff "Solo: A Star Wars Story" came in well below expectations with an $83.3 million opening weekend at the North American box office.
  • Vacant for decades, Detroit's train station may get new life

    Vacant for decades, Detroit's train station may get new life

    Sunday, May 27 2018 9:44 AM EDT2018-05-27 13:44:10 GMT
    Sunday, May 27 2018 1:26 PM EDT2018-05-27 17:26:53 GMT
    (Tanya Moutzalias /The Ann Arbor News via AP, File). FILE - In this Sept. 13, 2017, file photo, guests attend Detroit Homecoming IV at Detroit's most iconic structure, the Michigan Central train station, which opened its doors for the first time since ...(Tanya Moutzalias /The Ann Arbor News via AP, File). FILE - In this Sept. 13, 2017, file photo, guests attend Detroit Homecoming IV at Detroit's most iconic structure, the Michigan Central train station, which opened its doors for the first time since ...
    Vacant for decades and synonymous with urban blight, Detroit's old train station may get new life, locals hope, with Ford Motor Co.
    Vacant for decades and synonymous with urban blight, Detroit's old train station may get new life, locals hope, with Ford Motor Co.
  • Court: Gov't violated privacy law for defrauded students

    Court: Gov't violated privacy law for defrauded students

    Saturday, May 26 2018 5:13 PM EDT2018-05-26 21:13:29 GMT
    Sunday, May 27 2018 1:25 PM EDT2018-05-27 17:25:26 GMT
    Court says Education Department violated privacy law with cheated for-profit students.
    Court says Education Department violated privacy law with cheated for-profit students.
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