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Apple's market cap topped $3 trillion on Friday, as its shares climbed about 1% to a new high and passed the $190.73 price required to hit the milestone, according to CNBC's most recent share count.

Apple was the first company to hit a $3 trillion market cap during intraday trading in January 2022, but it failed to close at that level. It has another shot to do that on Friday.

It shows investors remain bullish on the stock and Apple's portfolio of products and services, despite the company's warning in May that its current quarter revenue is expected to fall about 3%.

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An artificial sweetener commonly used in thousands of products including diet soda, ice cream and chewing gum is to be listed as posing a possible cancer risk to humans, according to reports.

Aspartame will be listed as "possibly carcinogenic to humans" from next month based on the findings of the World Health Organization.

The food industry has expressed serious concerns about the reports.

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U.S.-based chief executives flew a lot last year, as corporate spending on private planes hit a 10-year high.

Companies on the S&P 500 spent $41.3 million on private jets for their chief executives last year, according to the Financial Times citing data compiled by ISS Corporate Solutions, an investment advisory firm. It's a 22% jump in spending from 2021, which was then a 10-year record as well.

Just over 5% of that total was spent by just one company: Meta. The Facebook- and Instagram-owner spent $2.3 million on flights for CEO Mark Zuckerberg, putting it at the biggest spender on private jets among S&P 500 companies.

But Meta spent even more on its other executives. The company paid over $4 million on private flights for Sheryl Sandberg, then Meta's chief operating officer, according to the company's annual report. (Sandberg stepped down as COO last August, and ceased to be an employee in September.) Meta also reported spending millions on personal security for both Zuckerberg and Sandberg.

Three other S&P 500 companies spent more than $1 million on private jets for the CEOs: Lockheed Martin, Las Vegas Sands and Netflix, according to the Financial Times.

Spending on private aviation jumped during the COVID pandemic. As commercial airlines cut routes, executives turned to charter companies to get them from place to place.

Reported by Yahoo Finance

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