Business News

AP Top Business News At 5 p.m. EDT

Apple increases stock buyback, will split stock
CUPERTINO, Calif. (AP) -- Apple plans to buy back an additional $30 billion of its stock, raise its quarterly dividend by 8 percent and split its stock for the first time in nine years....

Facebook 1Q results soar; CFO to step down
NEW YORK (AP) -- Facebook's first-quarter earnings and revenue grew sharply, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue....

Russian social media CEO quits, flees country
MOSCOW (AP) -- The founder of Russia's leading social media network - a wunderkind often described as Russia's Mark Zuckerberg - has left his post as CEO and fled the country as cronies of President Vladimir Putin have made steady inroads into the company's ownership....

US stocks edge lower after a six-day rise
NEW YORK (AP) -- Stocks edged mostly lower Wednesday, breaking a six-day winning streak, as investors reacted to another round of quarterly earnings reports from U.S. companies....

Wellness programs grow more popular with employers
That little voice nagging you to put down the cake and lace up the running shoes is increasingly coming from your employer and is likely to grow louder with a looming change under the federal health care overhaul....

Q&A: A French economist's grim view of wealth gap
NEW YORK (AP) -- If you'd like to live in Downton Abbey, the good news is that our economy has entered a second Gilded Age of opulence and elegance....

Spy plane outlasts Cold War, but not defense cuts
WASHINGTON (AP) -- The U-2 spy plane outlasted the Cold War, outlived its successor and proved crucial a half-century ago when two superpowers were on the brink of nuclear war....

Gay business owners still face challenges
NEW YORK (AP) -- It happens a few times a year: A customer refuses to work with Dave Greenbaum because he's gay....

Amazon snares classic shows in deal with HBO
NEW YORK (AP) -- Fans of classic HBO shows like "The Sopranos" and "The Wire" will soon have access to those series and more through Amazon Prime in the first online streaming deal signed by the cable network....

Buffett disapproves of Coca-Cola's pay plan
NEW YORK (AP) -- Warren Buffett says he disapproves of Coca-Cola's highly contested pay plan for its executives....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Safeway reports 1st-quarter loss

Chobani secures $750M investment from TPG

Buffett disapproves of Coca-Cola's pay plan

Buffett says stock prices are in reasonable range

Figures on government spending and debt

Gold prices edge up for the first time in a week

ND OKs power line in historic battlefield area

Oil falls as US oil supplies rise by 3.5M barrels

Correction: Earns-Discover Financial story

Norfolk Southern railroad 1Q profit falls 18 pct


  • 490 First Avenue South
  • St. Petersburg, FL 33701
  • 727-893-8111