AP Top Business News At 11:30 p.m. EDT

Apple increases stock buyback, will split stock
SAN FRANCISCO (AP) -- Apple is doling out more of its cash to shareholders and preparing to split its stock for the first time in nine years in an attempt to win back investors fretting about the iPhone maker's slowing sales growth and pace of innovation....

Facebook 1Q results soar; CFO to step down
NEW YORK (AP) -- Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, 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....

Asian stocks mixed on Obama visit, US dip
TOKYO (AP) -- Asian shares lacked a clear direction in early Thursday trading as players took a mostly wait-and-see view ahead of talks between Japan's prime minister and visiting President Barack Obama....

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 were disappointed by the latest round of earnings from U.S. companies....

China to open 8 state industries for investment
BEIJING (AP) -- China's government said it would open 80 projects in eight state-run industries to private and foreign investors as part of efforts to make its slowing economy more efficient....

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....

FCC to propose pay-for-priority Internet standards
LOS ANGELES (AP) -- The Federal Communications Commission is set to propose new open Internet rules that would allow content companies to pay for faster delivery over the so-called "last mile" connection to people's homes, but enhance scrutiny of such deals so they don't harm competition or limit free speech....

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....

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Asian stocks mixed on Obama visit, US dip

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