Apple stock has dropped sharply since it announced earnings that disappointed analysts. Now the tech tastemaker is paying another price, losing its crown as the world's most valuable company to Exxon Mobil. Exxon's market capitalization totaled $417 billion Friday, $4 billion more than Apple's.
The Los Angeles Dodgers and Time-Warner Cable are expected to announce a deal that would give the team its own channel. The cable giant would handle distribution and operations. The Dodgers channel would pay the team roughly $7 billion over at least 20 years.
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