Singer Chris Brown's DC trial delayed for months

FILE - This Jan. 8, 2014 file photo shows singer Chris Brown, right, arriving at the District of Columbia Superior Court in Washington. After a brief postponement, singer Chris Brown's trial on an assault charge is scheduled to begin in Washington. Brown's trial had been set for Monday but was delayed while lawyers tried to work out whether his bodyguard will testify. It's unclear whether the trial will start Wednesday, as Brown's lawyers seem to want, or if further legal maneuvering will delay it. (AP Photo/Manuel Balce Ceneta, File)LOS ANGELES (AP) — Singer Chris Brown's trial on an assault charge was put on hold for months Wednesday after prosecutors declined to grant immunity to his bodyguard, who would be a key witness in the case.



Apple expands buybacks by $30 billion, OKs seven-for-one stock split

The Apple logo is pictured on the front of the company's flagship retail store near signs for the central subway project in San Francisco, CaliforniaBy Edwin Chan SAN FRANCISCO (Reuters) - 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. Activist investor Carl Icahn, who had famously called on the iPhone maker to boost its buyback program, tweeted his approval of the move on Wednesday. On Wednesday, Apple reported sales of 43.7 million iPhones in the quarter ended March, far outpacing the roughly 38 million that Wall Street had predicted. But whether Apple can again produce a revolutionary new product remains the central question in investors' and Silicon Valley executives' minds.



Apple increases stock buyback, will split stock

FILE - In this Dec. 23, 2013 file photo, a woman using a phone walks past Apple's logo near its retail outlet in Beijing. Apple reports quarterly earnings on Wednesday, April 23, 2014. (AP Photo/Ng Han Guan, File)CUPERTINO, Calif. (AP) — Apple plans to buy back an additional $30 billion of its stock, raise its quarterly dividend by 8 percent and split its stock for the first time in nine years.



Vote delayed on loan guarantee for World Trade Center developer

World Trade Center developer Larry Silverstein speaks at an event to update the public on the pace of development at the site in New YorkBy Hilary Russ NEW YORK (Reuters) - The board of the Port Authority of New York & New Jersey on Wednesday delayed a scheduled vote on whether to provide $1.2 billion in loan guarantees to World Trade Center developer Larry Silverstein, the latest holdup for the project. The request from Silverstein, who needs Port Authority backing to secure a construction loan for 3 World Trade Center, the complex's next skyscraper, recently became entangled in a debate over the agency's mission after the "Bridgegate" scandal rocked New Jersey Governor Chris Christie's administration. Wednesday's delay came after the Port Authority's chief of staff told the board he had not yet brokered a good enough deal to recommend approval. The loan guarantee is meant to be part of an agreement that would provide hundreds of millions of dollars more to the Port Authority and allow it to foreclose on the $2.4 billion tower if Silverstein cannot pay debt service costs.



Homeowner: 2 teens shot were 'vermin,' not human

Byron Smith, center, makes his way through security at the Morrison County Courthouse, Monday, April 21, 2014, in Little Fall, Minn. The 65-year-old faces two counts of premeditated first-degree murder for the killings of Haile Kifer, 18, and Nick Brady, 17, who broke into his home on Thanksgiving Day 2012. (AP Photo/The Star Tribune, Elizabeth Flores) MANDATORY CREDIT; ST. PAUL PIONEER PRESS OUT; MAGAZINES OUT; TWIN CITIES TV OUT.LITTLE FALLS, Minn. (AP) — Jurors listened Wednesday as a man called two teenagers who broke into his central Minnesota home "vermin" on an audio recording shortly after fatally shooting them.





Close Window