With people increasingly plugged in to mobile devices, drivers are also more distracted than ever, according to a safety group.» Read More
*Kering suit says Alibaba a conduit for counterfeiters. Executive Chairman Jack Ma was speaking after Gucci, Yves Saint Laurent and other brands owned by Kering sued Alibaba in the United States on Friday, accusing it of knowingly making it possible for counterfeiters to sell their products throughout the world. Apple Chief Executive Tim Cook was quoted by...
IHS CEO Scott Key disagrees with Carl Icahn's comments that Apple's growth prospects will receive a boost from smart car development.
Michael Yoshikami, founder & CEO of Destination Wealth Management, discusses Carl Icahn's open letter to Apple CEO Tim Cook about how he believes Apple's stock is worth about $240
Daniel Ives, managing director and senior analyst at FBR Capital Markets, says China will be "front and center" in Apple's growth story moving forward.
The "Fast Money" traders give their final trades of the day.
NEW YORK, May 18- Wall Street stocks rose on Monday to record highs on hopes the Federal Reserve will hold off raising interest rates, while the dollar rallied and Greek bond yields jumped on worries the nation will not be able to make its debt payments. Oil prices retreated, as supply worries triggered by advances by Islamic State militants in Iraq eased.
U.S. stocks closed higher, with the Dow and S&P setting records, as investors shook off concerns about Greek debt and a renewed rise in bond yields.
Carl Icahn has a new obsession with cars. After plunging $100 million into Lyft, Icahn is writing at length about Apple's role in the market.
NEW YORK/ SAN FRANCISCO, May 18- Apple Inc was handed a mixed ruling by a U.S. appeals court in the latest twist in a blockbuster intellectual property battle with Samsung Electronics Co Ltd, as a prior patent infringement verdict was upheld but a trademark finding that the iPhone's appearance could be protected was thrown out. That means up to 40 percent of a $930...
Gavin Baker said he hopes Carl Icahn's bullish call on Apple turns out to be correct, and here's why.
SAN FRANCISCO— A federal appeals court has upheld a jury's finding that Samsung illegally copied some patented features in Apple's iPhone, but it sided with Samsung on one point that could reduce the $930 million in damages the South Korean company had been ordered to pay. But I don't think the litigation has served all the purposes that Apple and Samsung...
A new UBS survey finds interest in the Apple Watch waning, but demand for the device is strongest in China.
May 18- Billionaire investor Carl Icahn said Apple Inc's stock was "still dramatically undervalued" and that it should be trading at $240, up from his earlier estimate of $216. Apple boosted its share repurchase program in April to $140 billion from $90 billion announced last year and raised quarterly dividend by 11 percent to 52 cents per share.
Carl Icahn has sent an open letter to Tim Cook saying its shares are undervalued and pushing for a much larger buyback.
Apple has acquired yet another mapping technology company. That could mean major improvements in Apple Maps after its botched introduction in 2012.
In a letter to Apple CEO Tim Cook, activist investor Carl Icahn wrote that he values Apple shares at $240 today.
NEW YORK, May 18- A U.S. appeals court on Monday reversed part of a $930 million verdict that Apple Inc won in 2012 against Samsung Electronics Co Ltd, saying the iPhone maker's trademark-related appearance could not be protected. In a highly anticipated ruling stemming from the global smartphone wars, the U.S. Court of Appeals for the Federal Circuit in...
The Dow hit a fresh all-time high on Monday morning. But the big milestone could come later this year.
May 18- Apple Inc remains "dramatically undervalued", activist investor Carl Icahn said on Monday, adding that it was time for the iPhone maker to execute a much larger share buyback.
Here's the real reason why Netflix is at $600, says Michael Yoshikami.