Apple announced higher-than-expected earnings for the most recent quarter — profits nearly doubled over last year. Apple's stock is back up, after falling in recent weeks over fears of a slowdown in iPhone sales. Those fears proved unfounded. Sales of iPhone and iPads beat company estimates.
Paying for college is kind of like solving a mystery. What do four years of college really cost? Are your loans government or private? And when you graduate, how much will you really owe? Many students and parents don't have a clue.
China is now the world's largest car market, and a crucial one for Detroit companies. Chinese consumers bought 18.5 million vehicles last year, and foreigners, especially Americans, have played a key role in developing the industry. But that's changing, as Beijing tries to strengthen domestic carmakers.
Policymakers at the Federal Reserve wrap up a two-day meeting Wednesday and will explain what they plan to do about interest rates. The consensus seems to be they'll keep short-term rates near zero to help support the lagging economy.
James Murdoch appeared on Tuesday before the U.K.'s Leveson inquiry, which is examining media practices. He and his father Rupert have to answer questions surrounding the phone-hacking scandal. In particular, the panel is examining the influence the world's most power media tycoon may have wielded through his political ties.
Wal-Mart could face significant legal liability following a report accusing the company of systematic bribery in Mexico. A report in The New York Times claims Wal-Mart officials in Mexico paid more than $20 million in bribes to help the company open more stores there. The story also says top Wal-Mart executives in the U.S. looked the other way. The company's stock price fell nearly 5 percent Monday.
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