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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
TechApple

Apple store closures extended to ‘until further notice’

By
Don Reisinger
Don Reisinger
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By
Don Reisinger
Don Reisinger
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March 17, 2020, 2:24 PM ET

Apple has opened the door to extending a previously announced closure of most of its stores due to the coronavirus outbreak.

In an important change to its website on Tuesday, Apple said that its stores outside of mainland China “are closed until further notice” rather than until March 27, as the company had said on Saturday.

Apple did not immediately respond to a request for comment about the change.

On Saturday, Apple CEO Tim Cook said the store closures were intended to increase social distancing to keep both employees and customers safe.

The iPhone maker’s change in messaging may have been a response to the White House on Monday recommending a 15-day social-distancing period aimed at stopping the spread of COVID-19. Other countries, such as France and Italy, have taken drastic steps to blunt the virus’ impact.

Apple is shifting to the possibility that many countries won’t have COVID-19 under control by March 27, and that it will therefore have to keep stores closed longer.

Whatever the case, it’s unlikely that closing stores for a longer period will hurt Apple’s overall business more than is already case, analysts told Fortune on Monday. They predicted that many shoppers would shift their buying online, allowing Apple to still turn a profit rather than having to dip into its massive $200 billion cash hoard.

More must-read stories from Fortune:

—Inside Xerox’s audacious quest to buy much bigger rival HP
—How A.I. is aiding the coronavirus fight
—How early GPS gadget maker Garmin mapped out success against big tech
—Dormant PayPal Credit accounts are coming back to hurt credit scores
—WATCH: Best earbuds in 2020: Apple AirPods Pro Vs. Sony WF-1000XM3

Catch up with Data Sheet, Fortune’s daily digest on the business of tech.

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By Don Reisinger
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