If you have had the same iPhone for three years or longer, Apple may owe you some cash. The company settled a class-action lawsuit for up to $510 million on Monday with customers who complained Apple intentionally released software that slowed down their phones. The tech giant said it wanted to keep the software from gobbling up battery power. Apple will pay $25 per device to affected customers.

Jack Welch, dubbed by Fortune as “manager of the century” for his work at General Electric, died on Sunday of renal failure. He was 84.

Two national cellphone carriers may soon merge to create a new wireless giant. A federal judge has cleared the path for T-Mobile’s $26.5 billion takeover of Sprint. The merger still needs a few more approvals, but T-Mobile expects to close the deal as early as April 1.

Macy’s announced it is closing 125 stores and cutting 2,000 corporate jobs. The department store chain also is closing its offices in Cincinnati and San Francisco, leaving New York City as its sole corporate headquarters. The company didn’t say how many store employees will lose their jobs, but it currently employs about 130,000 people.

Taco Bell announced Thursday it would pay some of its store managers six figures starting later this year. The fast-food chain has had seven consecutive years of sales growth at its restaurants, and it has big plans for the future.

Boeing’s safety problems—and related costs—keep piling up as it tries to return the 737 Max jet to service. On Tuesday, the company recommended that pilots go through simulator training before flying the updated aircraft again. The day before, Boeing announced it discovered a wiring problem in the Max that could cause a short circuit.

The United States saw its biggest shopping day in history on Super Saturday, the last Saturday before Christmas. Sales reached $34.4 billion, trumping Black Friday’s $31.2 billion in sales and Cyber Monday’s $19.1 billion.