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Business

Apple CEO Faces Challenge Winning Skeptics

When Apple reports quarterly results Tuesday, big money managers and Wall Street analysts who are still bullish on the company will be sifting through the numbers for signs of hope that the long, painful drop in its share price may be over.

McDonald's Quarterly Earnings Flat

McDonald's said Friday its first-quarter profit was flat from a year earlier as the world's largest hamburger chain continued to face a string of disappointing monthly sales blamed on penny-pinching consumers and intense competition.

FAA Expected to Approve Boeing Dreamliner Battery Fix

The 787 Dreamliner, beset with problems since Chicago-based Boeing first rolled it down the runway, could return to service soon.

Investing for Wealthy Helps Morgan Stanley to Billion-Dollar Profit

Morgan Stanley saw first-quarter profits of nearly $1 billion as good results from its wealth management unit helped it recover from a loss in the same quarter a year earlier.

Business Basics Get Complicated Overseas

Unless a company plans to have business dealings only in the U.S., or only in one particular country other than its own, it can't take a one-size-fits-all approach to cultural sensitivity.

Blackhawk IPO Brings in $230 Million, Shares Rise

Blackhawk Network Holdings, which provides impulse-buy gift cards at the checkout aisle, gifted parent company Safeway with a $230 million IPO and rising stock price on Wall Street.

Dell in Driver's Seat to Buy Back Company

Michael Dell's hopes of buying back Dell, the computer company he created, got a major boost today when private-equity group Blackstone pulled its bid.

GE LEAP Engine to Keep Ohio Workers Busy

GE Aviation will soon produce the new LEAP engine for narrow-bodied, single-aisle airplanes, and GE employees across Southwest Ohio will be involved, company leaders said Thursday.

New Jersey Added 8,100 Jobs in March

A report showing New Jersey's added 8,100 jobs in March white the jobless rate dropped to 9 percent contained a note of caution amid the apparently positive news.

Apple's Stock Is Fading Fast

The last time Apple ran into serious trouble, co-founder Steve Jobs was there to save it. But now, the stock is crashing back to levels not seen since the company's visionary leader died.

Boeing Engineers To Lose Their Jobs

Boeing has begun to ax engineering jobs at its local commercial-airplanes unit as its latest jet programs shift from development to production, and will lay off as many as 700 manufacturing engineers this year.

IBM Likely to Commence Layoffs Following Earnings Report

First-quarter net income at IBM slid year-over-year to $3.03 billion, down from $3.07 billion, IBM said Thursday.

Ad Clicks Mean Bucks for Google

Google reported a 16 percent increase in net profit for the quarter ending in March, citing a 20 percent increase in the total number of clicks on advertisements that appear on Web searches.

PepsiCo, Peltz in Tete-a-tete?

PepsiCo met with Trian Fund Management, which has recently increased its stake in the U.S. snack and beverage giant, PepsiCo says.

FAA May Soon Give Go-ahead for Dreamliner's Return

Federal approval for the Boeing 787 Dreamliner to return to passenger service is expected as early as today.