Apple introduces 2 new iPhone models
CUPERTINO, Calif. - Apple will offer two distinct versions of the latest iPhones - a cheaper one made of plastic and another that aims to be "the gold standard of smartphones" and reads your fingerprint.
The company that changed cellphones forever unveiled the latest iPhone models, available on Friday, Sept. 20, during an event at its Cupertino, Calif., headquarters. The move comes as Apple tries to fend off Samsung and other competitors in the competitive smartphone market.
Ex-Massey official sentenced to prison
BECKLEY, W.Va. - A former Massey Energy mine executive who acknowledged he conspired in an illegal advance-warning scheme at West Virginia coal mines has been ordered to spend 3 1/2 years in prison.
U.S. District Judge Irene Berger sentenced David Hughart on conspiracy charges Tuesday that arose from a criminal investigation of West Virginia's Upper Big Branch mine disaster.
Hughart acknowledged he helped ensure miners at other Massey operations got illegal advance warning of surprise safety inspections.
Tesco finds buyer for 150 of its U.S. stores
LONDON - Tesco, Britain's largest retailer by sales, has agreed to sell 150 of its lossmaking Fresh & Easy stores in the United States to a U.S. investment firm.
The company said Tuesday that the deal with Yucaipa Companies does not include 50 further stores, which will be closed in the coming weeks.
Nonetheless, Tesco chief executive Philip Clarke said more than 4,000 jobs will be protected by the sale.
Dow adds Goldman Sachs, Nike, Visa
NEW YORK - The barometer of America's stock market - the Dow Jones industrial average - is getting a makeover.
Alcoa, Bank of America, and Hewlett-Packard are being dropped from the index of America's 30 top companies and replaced by Goldman Sachs, Nike, and Visa.
It's the index's biggest change in almost a decade. Dow will make the switches, which take effect Sept. 23, because of the falling stock prices of the removed companies and a need to more accurately represent the economy.