SAN FRANCISCO (AP) - Activist investor Carl Icahn is pressuring Apple to spend $150 billion buying back its own stock, a target that would more than double the amount that the company's board authorized in a previous attempt to placate frustrated shareholders.
Q: I have a neighbor who is in his early 50s. He is a pilot for a major airline and makes pretty good money. He and his wife have several children, one of whom has a rather severe case of Down syndrome. I have heard that this 21-year-old son is collecting about $2,000 per month in welfare benefits from Social Security. Don't get me wrong. I would never want to trade places with these people. But I am just wondering how rich people qualify for welfare benefits? And I'm also wondering why this kid is getting Social ...
WASHINGTON (AP) - With the blessing of an influential advisory panel, federal regulators are closer to letting airline passengers use their smartphones, tablets, e-readers and other electronic gadgets during takeoffs and landings.
PLANO, Texas (AP) - J.C. Penney Co. plans to sell up to 96.6 million shares of common stock in a public offering, evidence the chain is looking to shore up its cash reserves ahead of what is expected to be a fiercely competitive holiday shopping season.
SACRAMENTO (AP) - California's labor secretary has ordered the state's Employment Development Department to immediately begin distributing unemployment checks that have been delayed because of computer problems.
SAN FRANCISCO (AP) - Two San Francisco federal judges say juries will have to decide whether drivers for Uber and Lyft were independent contractors, or employees of the ride-hailing companies with all of the protections and benefits the state affords regular workers.
SANTA CLARA (AP) - Intel's stock fell Thursday after the giant chipmaker lowered its first-quarter revenue forecast, citing weak demand for business desktop PCs and a strong dollar that affects revenue from overseas sales.
WASHINGTON (AP) - Fake IRS agents have targeted more than 366,000 people with harassing phone calls demanding payments and threatening jail in the largest scam of its kind in the history of the agency, a federal investigator said Thursday.
WASHINGTON (AP) - The Food and Drug Administration is keeping a bold-letter warning on Pfizer's anti-smoking drug Chantix about suicidal behavior and other psychiatric side effects, after reviewing company findings suggesting the drug does not increase those problems.