Business & Economy
Associated Press/Photo by John Minchillo

Pandemic shrinks U.S. economy

by Lynde Langdon
Posted 3/16/20, 12:22 pm

Stocks lost at least 6 percent of their value in Monday morning trading on Wall Street. Airlines, restaurants, and other major swaths of the U.S. economy are slowing down or closing shop completely due to the coronavirus outbreak.

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Associated Press/Photo by Kiichiro Sato (file)

Apple settles iPhone battery lawsuit

by Lynde Langdon
Posted 3/03/20, 10:38 am

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.

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Associated Press/Photo by Richard Drew (file)

Former GE chief Jack Welch dies

by Rachel Lynn Aldrich
Posted 3/02/20, 11:41 am

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.

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