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SAN JOSE, Calif. (AP) — Apple's tax break on its overseas profits is turning into a $102 billion boon for shareholders. The iPhone maker is raising its quarterly dividend by 16 percent to 73 cents per share, matching the largest increase since Apple restored the payment under shareholder pressure...
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KNX Midday News with Brian Ping
May 01, 2018 - 1:13 pm
(KNX1070) - Facebook CEO Mark Zuckerberg admitted to he crowd at the company's annual developer conference... that the social media giant dropped the ball on Russian election meddling in the 2016 election. Zuckerberg says Facebook is in the process of finding any "bad actors" when it comes to data...
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CBS News
April 24, 2018 - 12:01 pm
NEW YORK (CBS News) -- Major U.S. stock indexes fell sharply Tuesday as investors sold technology and industrial stocks. Bond yields continue to rise, with the 10-year Treasury note briefly reaching 3 percent for the first time in more than four years. Caterpillar (CAT) had a strong first quarter,...
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CBS News
NEW YORK (AP) — Wells Fargo will pay $1 billion to federal regulators to settle charges tied to its mortgage and auto lending business, the latest chapter in years-long, wide-ranging scandal at the banking giant. However, it appears that none of the $1 billion will go directly to the victims of...
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April 11, 2018 - 1:41 am
NEW YORK (AP) — Mark Zuckerberg faced two days of grilling before House and Senate committees Tuesday and Wednesday to address Facebook's privacy issues and the need for more regulation for the social media site. Yet the hearings in Washington managed to showcase the normally press-shy Zuckerberg's...
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CBS News
April 10, 2018 - 8:17 am
WASHINGTON (CBS News) — Facebook CEO Mark Zuckerberg met one-on-one with a series of key lawmakers Monday. This could be the most important stop on Zuckerberg’s apology tour. The Facebook founder swapped his trademark T-shirt for a suit Monday and waded through throngs of reporters. He ignored a...
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KNX1070
Mottek On Money
April 06, 2018 - 3:23 pm
The former Trump administration Communications Director talks about his White House experience, how it impacted his professional and personal life, the president's use of social media and trade war talk between the U.S. and China. Tune in to Mottek On Money this weekend and hear Anthony Scaramucci'...
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CBS News
April 06, 2018 - 1:33 pm
NEW YORK — Stocks reversed course and fell sharply on Friday as the U.S. considers an even larger round of tariffs on imports from China and the two countries exchange pointed statements. Stocks have changed direction repeatedly this week as investors weighed whether a trade dispute between the two...
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CBS News
March 28, 2018 - 1:09 pm
(CBS News) - It's been a brutal month for Tesla: Analysts are worried about delays shipping its new Model 3, and say it will soon face a cash crunch. Plus there's a government investigation into a recent fatal Model X crash. The stock has now plunged 25 percent in March, following sharp declines...
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CBS News
March 26, 2018 - 2:04 pm
(CBS News) - Technology companies led a sharp rebound for U.S. stocks on Monday as the market made up some of its huge losses from last week. Investors drew encouragement from signs that the U.S. and China are open to negotiating to avert a potential trade dispute. All three major U.S. stock...
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