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Latest Business News: Was the Overthrow of Egypt's Government a Coup?

Wochit 1:01 mins

Was the overthrow of Egypt's Islamist government on Wednesday a coup? Much hangs on the exact words used to describe what happened. If the U.S. government determines the Egyptian military carried out a coup, it could affect the $1.5 billion in economic and military assistance Washington gives Egypt each year. Tom Joyce, the former chief executive officer of Knight Capital who helped the trading firm avoid bankruptcy, has resigned from the company just days after its takeover by rival Getco was finalized It's been a quiet first half of the year for Apple as far as new products go, but things are going to pick up very quickly come September. Blog 9to5Mac reports that the company is trying to bolster its retail operations throughout the summer because it plans to launch ?an army of new products this fall?

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