MENO PARK (AP) - Facebook's stock is flying high after the world's biggest social network posted higher revenue from mobile ads and delivered a healthy second-quarter profit that reversed a loss in the same period a year ago.
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.
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.