CUPERTINO (AP) - Apple's sales of older, less expensive iPhones climbed in its latest quarter, highlighting the challenges facing the world's most valuable technology company as it tries to reverse a recent decline in its earnings and prove that it can still innovate.
I've written more than a few columns lately about folks who complain because they think the government is cheating them out of Social Security benefits. So many people are convinced that their Social Security benefits were figured incorrectly. I tell them that they should talk to someone at their local Social Security office who can go over the benefit computation with them. They almost always learn that they are being paid correctly. But they still aren't happy.
LAC-MEGANTIC, Quebec (AP) - Insufficient brake force was applied before an oil train came barreling out of nowhere in the middle of the night and slammed into a small town in Quebec, killing 47 people, officials said Friday.
NEW YORK (AP) - A fiery and fatal train derailment earlier this month in Quebec, near the Maine border, highlighted the danger of moving oil by rail, a practice that has grown exponentially as a result of the oil boom and will continue to expand, experts say.
OIL ABOARD: U.S. and Canadian drillers are producing oil faster than new pipelines can be built. As a result, trains have become an unexpected yet vital way to move this bounty of energy. This year, more trains carrying crude will chug across North America than ever before - nearly 1,400 carloads a day. In 2009, there were just 31 carloads a day.
WILMINGTON, Del. (AP) - A hearing on whether to approve the bankruptcy sale of assets of electronics retailer RadioShack opened Thursday with the company seeking court approval of the purported winning bid, and an attorney for a losing bidder describing the auction as a sham and asking a Delaware judge to reopen the sale process.
NEW YORK (AP) - Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of the world's largest food and beverage companies.