The Dow Jones Average plunged Tuesday afternoon, but recovered quickly after it was revealed that an Associated Press tweet about explosions at the White House was fake. The AP acknowledged that its Twitter account had been hacked.
Apple says it will pay out $100 billion to its shareholders in stock buy backs and increased dividends by the end of 2015. On Tuesday, the company announced its first profit decline in a decade. Slowing sales of the Apple iPhone are blamed for the disappointing profit results.
In Boston on Tuesday, residents and business owners on Boylston Street were allowed to return for the first time since last week's bombings. They returned to stores with windows blown out, restaurants with the remains of uneaten meals still sitting on tables and barricades to keep the public away from the scene.
Boeing and the Federal Aviation Authority may be in for another day of tough questions as the National Transportation Safety Board continues its probe of batteries on the 787 Dreamliner. Two severe battery failures prompted the world-wide grounding of the fleet in January.
The U.S. Senate is poised to pass the Marketplace Fairness Act that allows states to collect taxes from out-of-state merchants. Tax policy experts say this long-sought bill brings fairness to the tax system and much needed money to state and local governments. But small online sellers are incensed at what they see as a new tax burden.
People who measure risk and uncertainty ranked in the top spot of the survey by CareerCast.com. At the bottom of the list with reporters are flight attendants, roofers, mail carriers, meter readers, dish washers and lumber jacks.
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