Apple expands buybacks by $30 billion, OKs 7-for-1 stock split

SAN FRANCISCO - Apple Inc has approved another $30 billion (17.8 billion pounds) 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. | Video

Recent Business News


UK plans tougher pay rules for top company executives 12:12am BST

LONDON - Britain's stock-market listed companies should be able to claw back bonuses paid to poorly performing executive board members, a regulator proposed on Thursday, mirroring steps already being taken by banks.


UK employers agree average 2.5 percent pay rise in first quarter - survey 3:39am BST

LONDON - British employers raised pay in the first three months of 2014 at the same pace as a year ago, although current low levels of inflation should improve workers' spending power, a survey showed on Thursday.


Moving oil by rail safely major industry concern - Buffett 3:38am BST

NEW YORK - Warren Buffett, chairman of conglomerate Berkshire Hathaway , said on Wednesday that safety is a major priority for the rail industry, after a recent spate of accidents raised concerns about how to transport oil safely.


UK car manufacturers grow again in March after retooling 12:03am BST

LONDON - British car production returned to growth in March after some automakers completed retooling to make new models, an industry body said on Thursday, in another sign of momentum in the country's manufacturing sector.

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