News Summary: Apple and stock market edge higher

News Summary: Stock-market indexes eke out gains; Apple climbs after big fall

Associated Press

MORE APPLE: Apple's stock rose more than 1 percent, a day after the tech giant took its worst fall in four years. In separate interviews, CEO Tim Cook said Apple will produce one of its Mac computers in the United States next year and will spend $100 million in 2013 to shift production of the line from China.

DIVIDEND RUSH: Sirius XM Radio joined the ranks of companies planning to reward investors with dividends this month in case taxes rise next year.

INDEXES: The S&P 500 index rose 4.66 points to 1,413.94, while the Nasdaq climbed 15.57 points to 2,989.27.

View Comments (1)

Recommended for You

  • Costco is replacing American Express with Visa and Citi

    Costco has entered a new co-branding agreement...

    Business Insider
  • Science finds the best place to hide from zombies

    When the undead threaten to turn your cerebrum to caviar, where do you run? A new study confirms what you might already suspect, and even offers a specific destination.>

    CNET
  • Ruble Sinks 2nd Day as Russia Faces $20 Billion Debt Repayments

    The currency depreciated 0.8 percent to 62.09 versus the dollar as of 12:03 p.m. in Moscow. Russian government bonds declined, pushing the yield on the five-year note up five basis points to 14.47 percent, the highest in a month on closing basis. Tens of thousands marched through Moscow to honor…

    Bloomberg
  • Watch 'Meet the Press' treat climate change as a big joke

    As you may have heard, Sen. James Inhofe (R-Okla.), who astonishingly enough is chairman of the Senate's Environment and Public Works Committee, brought a snowball to the floor of the U.S. Senate last ...

    Los Angeles Times
  • Play

    5 Things to Consider Doing When Your Credit Score Hits 740

    1. Apply for a better credit card. If you've been drooling over one of the hot new credit cards on the market, especially the ones offering primo rewards, now might be the time to apply. Usually, credit card issuers reserve their best products for folks with excellent credit. Each credit card…

    U.S.News & World Report
  • Construction picks back up, but it's a different gig now

    ORLANDO, Fla. (AP) — As Florida's housing market tanked seven years ago, construction worker David Rager saw jobs dry up. So he left construction, along with 2.3 million others nationwide during the economic downturn, and got a job installing traffic signals and street lights.

    Associated Press
  • Landlord must do walk-through inspection before tenant moves out

    Question: Last month I moved out of my apartment, and the landlord refused to do a walk-through inspection with me. He told me to just leave the keys on the kitchen counter. He then kept part of my security ...

    Los Angeles Times
  • Germany’s New Policy Plan Puts the US on Catch Up

    Germany now proves the point, and Americans should sit up straight and take a long look. Quietly, as the Germans often do things, Berlin’s foreign ministry began a study last year to determine the core principles guiding its relations with the rest of the world. Foreign Minister Frank-Walter…

    The Fiscal Times
  • Play

    Warren Buffett: Citi won't get rich off of Costco deal

    Costco announced on Monday a new credit card program with Citi in a deal that will go into effect in April 2016. Berkshire Hathaway's Warren Buffett reacts to the deal.

    CNBC Videos
  • How the Great Beanie Baby Bubble Went Bust

    It’s been about 20 years since the U.S. suddenly fell in love with the adorable 5-inch Beanie Baby dolls created by Ty Warner. In a new book called The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute, author Zac Bissonnette details how that passionate devotion rose up suddenly…

    The Fiscal Times
  • Sprint's Best Buy plan gives you a phone and service for a flat rate

    Sprint still isn't done inventing new plans and promos in hopes that you'll sign up. Its latest move? It's launching a Best Buy-only plan that gives you both a smartphone and unlimited service for $65 ...

    Engadget
  • Hewlett-Packard Agrees to Acquire Aruba for $2.7 Billion

    Aruba investors will get $24.67 a share, the companies said Monday in a statement. Aruba shares fell 1.5 percent to $24.43 at 9:16 a.m. in New York. The stock climbed 21 percent Wednesday after reports that Hewlett-Packard was considering an acquisition and kept rising in the following days, ending…

    Bloomberg
  • Play

    32,774 ‘Found’ IRS Emails Prompt Criminal Probe

    The reason for the hearing was the targeting of conservative groups by the IRS, prompting an apology by the agency. As early as March 2010, four different IRS offices sought out applications from conservative groups with the words “tea party” or “patriot” in their names and made demands that were…

    The Fiscal Times
  • Finding a Floor in Lumber Liquidators After a Plunge, '60 Minutes' Report

    Does the '60 Minutes' report hurt shares or is bad news priced in?

    TheStreet.com
  • Deere's long term attraction: Buffett

    Warren Buffett, Berkshire Hathaway chairman & CEO, says 10 years from now Deere will be worth more than it is today. Also, Buffett answers a Twitter question on the upside of Deere versus Caterpillar. You have to have your own reasons for buying a stoc...

    CNBC Videos
  • Alcatel-Lucent CEO Says New Growth Strategy Ready Later in 2015

    (Bloomberg) -- Alcatel-Lucent SA, the French network-equipment maker that has cut costs to return to profit, will give details on its growth strategy in the second half as its reorganization plan winds ...

    Bloomberg
  • Parents Owe $14.3 Billion In Outstanding Child Support

    I’ve been working with NPR’s Weekend Edition team to discuss a number of the week. This time it’s $14.3 billion — the total amount of child support awarded to custodial parents that went unpaid in the United States in 2011. I started to look into the granular data behind that number after a reader…

    FiveThirtyEight