With Apple's stock falling more than 8% at one point on Tuesday, activist investor Carly Icahn swooped in and bought another $500 million worth of shares.
Apple reported iPhone sales Monday that fell well short of analyst estimates as well as guidance for the next quarter that also was lower than expected, sending the stock falling more than 5% in after-hours trading.
Apple reports earnings Monday after the stock markets close, and as usual every word and number will be scrutinized for clues that will lead to sweeping judgments about the company's health or decline.
The California Department of Motor Vehicles has joined the California Highway Patrol in withdrawing safety guidelines for motorcycle lane-splitting.
The annual Playboy Jazz Festival wrapped its 36th edition Sunday at the Hollywood Bowl with the usual blend of smooth sounds, searing sun and celebrities sitting in box seats (I see you, Tavis Smiley). Our man Sean J. O’Connell wrote a thoughtful overview of the two-day program, but several acts – including George Benson and the not especially jazzy Fantasia -- performed after his deadline for Monday’s paper. Here are five thoughts on those late-breaking festivities. 1. José James is doing himself no favors. Last week the young New York singer released “While You Were Sleeping,” the anticipated follow-up to his excellent 2013 disc, “No Beginning...