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BUSINESS
October 20, 2011 | By David K. Randall and Matthew Craft, Associated Press
NEW YORK - A rare earnings miss by Apple pulled down technology stocks Wednesday. Broad market indexes turned lower in late-afternoon trading on reports of an impasse in talks to resolve Europe's debt crisis. The leaders of Germany, France, the International Monetary Fund, and the European Central Bank met Wednesday in preparation for a summit scheduled for this weekend. Markets sank and the price of oil fell after a report came out that French President Nicolas Sarkozy said Germany and France were in a deadlock over how to expand an emergency fund.
FOOD
October 16, 1996 | By Marilynn Marter, INQUIRER FOOD WRITER
As with so many other things, we often pick apples based on their looks. That explains why Red Delicious is by far the most popular apple variety at retail stores, accounting for roughly 40 percent of the apples sold in the United States. Think of it as the Miss America of appledom. It combines a pretty red face and shapely figure with youthful sweetness and endurance. For many people, it's the only apple they know. But it doesn't stand up to the heat of cooking or canning.
BUSINESS
September 13, 2013 | By Erin E. Arvedlund, Inquirer Columnist
Whether you are bullish or bearish on Apple (symbol: APPL), the maker of iPhones and iPads represents an enormous influence in the stock market. Here are some ways to find Apple in your portfolio - whether you are a buyer or a seller. Apple on Tuesday introduced two newly priced phones, an action investors didn't like. We'll see if consumers feel differently. Sellers pushed the stock down roughly 5 percent to $467. For bulls, this is a buying opportunity. For bears, here are some ways to weed out the technology giant from your portfolio.
BUSINESS
September 12, 2013 | By Jeff Gelles, Inquirer Columnist
A fingerprint sensor to provide the ultimate security. A dual-flash camera that reads color temperatures and adapts. A 64-bit processor that adds speed and power. It's easy to shrug off the latest advances from Apple, which largely seemed to confirm Silicon Valley rumors Tuesday when it unveiled two new iPhones, the 5S and the 5C, that will go on sale Sept. 20. Yes, it's true: The top-of-the-line iPhone 5S will boast built-in fingerprint authentication, to add a layer of security that would seem sci-fi spectacular if Disney didn't already use something similar at its theme parks.
BUSINESS
August 29, 2012 | By Paul Elias, Associated Press
SAN FRANCISCO - Apple Inc. on Monday gave a federal judge a list of eight Samsung Electronics Co. products that it wants pulled from shelves and banned from the U.S. market. U.S. District Judge Lucy Koh asked for the list after a jury in San Jose last week slammed Samsung with a $1.05 billion verdict, finding that the South Korean technology giant had "willfully" copied Apple's iPhone and iPad in creating and marketing the products. Samsung plans an appeal. The products that Apple wants banished from the United States are all smartphones: Galaxy S 4G, Galaxy S2 AT&T, Galaxy S2, Galaxy S2 T-Mobile, Galaxy S2 Epic 4G, Galaxy S Showcase, Droid Charge and Galaxy Prevail.
BUSINESS
August 10, 2011 | By Barbara Ortutay, Associated Press
NEW YORK - Apple briefly surpassed Exxon Mobil on Tuesday as the nation's most valuable company. The maker of iPhones and iPads had the lead for much of the afternoon before its stock closed just behind Exxon's. The two companies are so close that Apple is likely to keep the top spot soon. Apple Inc.'s stock gained 5.89 percent to $374.01 on Tuesday, bringing its market capitalization to about $347 billion. Exxon Mobil Corp.'s stock, meanwhile, closed up 2.07 percent at $71.64.
BUSINESS
August 18, 2011 | By Kelly Olsen, Associated Press
SEOUL, South Korea - A group of 27,000 South Koreans is suing Apple for $26 million for what they say are privacy violations from the collection of iPhone user location information. Each person in the suit is seeking 1 million won ($932) in damages, Kim Hyeong Seok, one of their attorneys, said Wednesday. He said they were targeting Apple Inc. and its South Korean unit to "protect privacy" rights. Apple spokesman Steve Park in Seoul declined to comment. Apple has faced complaints and criticisms since it said in April that its iPhones were storing locations of nearby cellphone towers and WiFi hot spots for up to a year.
NEWS
April 1, 1993 | By S. Joseph Hagenmayer, INQUIRER CORRESPONDENT
Frances Jane Cathers, 75, a longtime Browns Mills craftswoman who continued making apple head dolls even after losing her sight six years ago, died Sunday at Memorial Hospital of Burlington County, Mount Holly. Mrs. Cathers' apple head creations - made from carving a face in a peeled apple and then allowing the apple to dry and shrivel - won three blue ribbons and three red ribbons at the annual Burlington County Farm Fair after she had lost her sight, said her husband, Howard R. Cathers Jr. He made doll furniture and accessories for her. Mrs. Cathers began making dolls in the early 1950s.
BUSINESS
February 12, 2013 | By Mike Armstrong, Inquirer Columnist
There are many things to call Apple Inc. Maker of the iPhone, iPad, and other must-have products. The world's most innovative company, and the world's most valuable company (at times). Allow me to add to the list: "Major buyer of Pennsylvania tax credits. " The Cupertino, Calif.-based technology Goliath may have more cash than investor David Einhorn believes is prudent, but Apple isn't foolish when comes to taxes. Apple apparently is trying to reduce its tax liability in Pennsylvania by buying up tax credits from other companies here.
NEWS
April 26, 2012
WASHINGTON - A Pentagon official signaled on Wednesday that the Army could lay off as many as 24,000 enlisted personnel and up to 5,000 officers within five years to meet a projected reduction in the force driven by budget cuts and the winding down of two wars. Pressed on the possibility of involuntary terminations, Thomas Lamont, an assistant secretary of the Army, told a Senate Armed Services panel that layoffs were possible as the Army shrinks from a peak of 570,000 to 490,000.
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