NEW YORK (AP) — A Wall Street analyst is setting the highest price target yet for Apple shares, valuing them at $1,001 each, or 63 percent more than their current price. Topeka Capital Markets analyst Brian White says the Cupertino company's current stock price does not reflect its rapid growth in the last years, nor its future growth prospects. He's basing his price target on his estimate for Apple's calendar-year 2013 earnings, multiplied by 17. ...
DALLAS (AP) - Allegiant Air will charge passengers $35 to carry their own bag on board the plane and stow it in an overhead bin. The change starts with flights booked on Wednesday, said spokesman Brian Davis. Passengers who pay online when they book travel will pay less, but the price hasn't been set, he said. Each passenger ...
DETROIT (AP) - The U.S. government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse.
UNITED NATIONS (AP) - The number of city dwellers is at an all-time high of about 3.5 billion and will nearly double in the next 30 to 40 years, with almost all the growth in developing countries, the head of the U.N. agency focusing on cities said Monday.
OAK BROOK, Ill. (AP) - McDonald's said Monday that a key sales figure slipped 0.8 percent in the U.S. last month, as the world's biggest hamburger chain faced tough competition and flat traffic. Sales at stores open at least a year is a key gauge of health because it excludes results from stores recently opened or closed. Shares slipped 1.1 percent Monday. Globally, the sales figure rose 0.5 percent in November, the same as in ...
NEW YORK (AP) - GPS will tell you how to get to the nearest Apple store. With iBeacon, Apple hopes to guide you around once you're inside, whether it's to pick up an order, upgrade to a new iPhone or shop for a pair of headphones.
DENVER (AP) - A baker who refused to make a wedding cake for a same-sex ceremony must serve gay couples despite his religious beliefs or face fines, a judge said Friday.
WASHINGTON (AP) - Saying the government should lead by example, President Barack Obama on Thursday ordered the federal government to nearly triple its use of renewable sources for electricity by 2020.
NEW YORK (AP) - AT&T is joining T-Mobile in reducing monthly fees for people who pay for their own devices.
NEW YORK (AP) - The outlook for hiring is improving and the economy is growing at its fastest pace in more than a year, so what's the bad news for the stock market?
DEARBORN, Mich. (AP) - The Ford Mustang is still galloping at 50.
JEFFERSON CITY, Mo. (AP) - With Boeing the king of U.S. aircraft manufacturing, more than a dozen states are groveling before the throne for a share of the riches to be made from the next-generation 777 jetliner.