AP Top Business News At 5:11 p.m. EDT

Apple reports record 39.3 million iPhone sales
SAN FRANCISCO (AP) -- Excitement for Apple's new iPhone 6 and 6 Plus models drove sales of a record 39.3 million iPhones in the last quarter, boosting the company's earnings and revenue well above expectations....

GOP governors don't see 'Obamacare' going away
WASHINGTON (AP) -- While Republicans in Congress shout, "Repeal Obamacare," GOP governors in many states have quietly accepted the law's major Medicaid expansion. Even if their party wins control of the Senate in the upcoming elections, they just don't see the law going away....

Not so fast cordcutters_cable's not going anywhere
NEW YORK (AP) -- Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. Customers tired of paying big fees for hundreds of channels they never watch just to have access to a few favorite shows might be expected to start cancelling cable service in droves. Get Netflix, throw in HBO, add a network here and there - why would anyone sign up now for cable?...

Apple Pay Q&A: What you need to know
CUPERTINO, Calif. (AP) -- Apple's mobile payment system, Apple Pay, made its debut Monday. Now you can flash your new iPhone in the checkout line to pay for food, clothing and other goods. There's no need to pull out your credit card....

US stocks quietly move higher; IBM disappoints
NEW YORK (AP) -- The U.S. stock market moved quietly higher Monday as investors decided to step back into a market that was rattled by white-knuckle turbulence last week....

At A Glance: The cost of cable vs. a la carte
Is a la carte streaming a better deal?...

US agency warns car owners to get air bags fixed
DETROIT (AP) -- A potential safety crisis over defective air bags widened Monday as the U.S. government issued an urgent plea to more than 4.7 million people to get their cars fixed....

IBM 3Q disappoints as it sheds 'empty calories'
NEW YORK (AP) -- IBM disappointed investors Monday, reporting weak revenue growth again and a big charge to shed its costly chipmaking division as the tech giant tries to steer its business toward cloud computing and social-mobile services. Shares fell more than 7 percent as investors sold off sharply and the stock dragged the Dow 30 into the red....

Urgent-care clinics ill-equipped to treat Ebola
A new concern over the spread of Ebola surfaced recently when a Dallas County sheriff's deputy who searched the apartment of the first patient to die from the virus in the U.S. started feeling ill and went to an urgent-care center....

Survey: Pay raises rarer despite strong US hiring
WASHINGTON (AP) -- U.S. businesses were much less likely to boost pay in the third quarter than in previous months, even as hiring remained healthy, a sign that wage gains may remain weak in the coming months....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
US regulator: Fannie, Freddie in deal with banks

UPS increases some shipping rates by 4.9 percent

How the Dow Jones industrial average did Monday

US stocks quietly move higher; IBM disappoints

Chipotle's profit tops expectations as sales surge

IBM and CSX are big market movers

US stocks close higher as turbulence fades

Ikea makes push for growth

Sears plans to raise more cash via rights offering

US airlines raise base fares on domestic flights


Latest News
Advertisement