The Dow Jones Industrial Average is swapping out three of its blue chip companies, in what's being called the biggest shake up of the index in almost a decade. Standard & Poor's announced it's dropping Hewlett Packard, Alcoa and Bank of America at the end of next week. Sliding into their places: Visa, Nike and Goldman Sachs.
In a sign of China's growing importance as a market for Apple, the company will be rolling out its new iPhones simultaneously in the U.S. and China for the first time later this month. There are a few signs, however, that the new models will not find the sort of frenzied demand as before.
Las Vegas is adding an eye-catching tourist attraction, in the form of a huge wheel that can take more than 1,000 people on a ride 550 feet into the sky over the city's famed Strip. The main construction of the wheel, called the High Roller, is nearly finished; it is expected to open in early 2014.
An analysis of data from the Internal Revenue Service shows that incomes for the very wealthiest Americans have grown by nearly a third in recent years in the same period that those for the bottom 99 percent increased by only a fraction.
Passwords are a pain to remember, and they're only partially effective in securing your devices. Now, with a fingerprint scanner built into the new iPhone 5s' home button, biometrics is taking a big step into a much bigger ecosystem. But such scanners raise security and privacy concerns of their own.
Apple is introducing two new iPhone models as it battles for market share with rival phone makers such as Samsung. One of the phones, the iPhone 5C, starts at $99 and is aimed at consumers in the developing world. Apple is also launching a fingerprint called Touch ID that could be used instead of an iPhone password.
Cal Worthington, a man whose used-car ads rose to the level of a cultural phenomenon, has died at age 92. He was a fixture on televisions in California for decades, with zany sales pitches that drew both customers and fame.
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