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AP Top Business News At 6 p.m. EST

Record iPhone sales drive blowout quarter for Apple
SAN FRANCISCO (AP) -- Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season....

Yahoo to spin off Alibaba stake into separate company
SAN FRANCISCO (AP) -- Yahoo CEO Marissa Mayer is spinning off the company's prized stake in China's Alibaba Group Holding in a move that will enable Yahoo to avoid paying billions of dollars in future taxes....

US company outlooks worry investors, sending stocks lower
U.S. stocks slumped Tuesday after some of the market's largest companies reported disappointing earnings, taking investors on a turbulent ride that deepened the losses for the year....

NYC economy lost $200M from fizzled storm, transit shutdown
NEW YORK (AP) -- New York City lost about $200 million in economic activity in the fizzled snow storm and decision to shut down the transit system, but it wasn't a crippling loss, according to a preliminary estimate from Moody's Analytics....

Big costs drag AT&T to 4Q loss, but revenue up 4 percent
DALLAS (AP) -- AT&T booked a nearly $4 billion loss for the fourth quarter because of a slew of one-time expenses that included a loss on benefit plans, but its revenue grew 4 percent to top expectations....

Jobless-rate moves in 2014: Colorado best, Louisiana worst
WASHINGTON (AP) -- Colorado's unemployment rate fell by a third. Louisiana's jumped nearly a quarter....

Orders for US durable goods stumbled in December
WASHINGTON (AP) -- Orders for long-lasting manufactured goods dropped sharply in December, as U.S. businesses trimmed spending amid escalating worries about the global economy....

What! Facebook's down? No storm selfies during brief outage
SEOUL, South Korea (AP) -- No storm selfies, hookups, status updates. With Facebook and Instagram down for nearly an hour overnight, what were legions of users to do?...

Democrats put brakes on Iran sanctions bill
WASHINGTON (AP) -- Senate Democrats on Tuesday put the brakes on new Iran sanctions legislation, ending for now a looming showdown between Congress and President Barack Obama over negotiations to prevent Tehran from having the capability to make a nuclear weapon....

GOP lawmakers embrace Obama trade push more than Democrats
WASHINGTON (AP) -- It doesn't happen often, but Republican lawmakers on Tuesday gave more support to President Barack Obama than did Democrats on a key issue: trade....

Business Video
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Jobless-rate moves in 2014: Colorado best, Louisiana worst

How the Dow Jones industrial average fared Tuesday

Amgen tops Street 4Q forecasts

Airlines begin digging out from storm in northeastern US

Caterpillar and Microsoft are big market movers

American Airlines interested in offering flights to Cuba

American Express says it will start working in Cuba

Figures on government spending and debt

US company outlooks worry investors, sending stocks lower

US seeks $1.3 million fine for United Airlines over cargo