SAN FRANCISCO - Apple Inc has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors.
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Recent Business News
WASHINGTON - U.S. regulators are expected to vote on May 15 on a new set of so-called "net neutrality" rules aimed at making certain that broadband providers do not slow down or block consumers' access to legal Internet content.
SAN FRANCISCO - Qualcomm Inc on Wednesday posted quarterly revenue that missed expectations as it wrestles with a smartphone market that is losing steam and shifting to China, sending its shares lower.
SAN FRANCISCO - Zynga Inc co-founder Mark Pincus will relinquish the last of his operational duties at the social gaming company starting Wednesday, taking on an advisory role as chief executive Don Mattrick pushes through a restructuring plan.
WASHINGTON - Borrowers seeking to buy a new home say they often do not have time to read final mortgage documents and sometimes find mistakes in their paperwork, the U.S. consumer watchdog said in a report on Wednesday.
Diversification may be helping to smooth out volatility in Goldman's FICC revenue, but it's smoothing out a decline.