COMPANIES

China Fake Apple Store Managers Claim Products Are Real

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Investigations are underway as over four retail shops, in the southern Chinese city of Kunming, were discovered to be posing as fake Apple stores. Customers and even staff were fooled by the Apple products, whether they were real or selling fakes counterfeit versions. The store itself has been impressive in terms of decorating and matching furniture to legitimate Apple stores.
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McDonald's McChallenge: Keeping Up With the McCafe, Enhanced Menu

McDonald's is on a roll, increasing second quarter profits in a lackluster market. The company has fared well with success from its McCafe beverages and other menu enhancements, but the additions can be complicated in a fast food restaurant. How McDonald's handles continued menu enhancements will determine the company's success from this point going forward.
Mortgage Rates Hit All-time Low

Five Tips for U.S. Home Sellers

There's no way to sugarcoat it: the U.S. housing market remains a buyer's market. That said, are there ways home sellers can better-position their home for a sale amid such intense competition? Indeed there are, and here are five.
At Issue: U.S. Economy

Does GE Provide a Snapshot of the U.S. Economy?

Is there a way to get a quick-read on the U.S. economy, for those who are time-pressed, and don't have time to review the latest economic reports from the U.S. Federal Reserve? Indeed there is: review the performance of diversified industrial giant General Electric (GE).
Microsoft offers $250K Reward to Fight Hackers

Can Microsoft Survive the PC Slowdown?

Microsoft beat Q4 earnings expectations on Thursday with most business units driving double digit growth, but its flagship Windows arm continues to be burdened by sluggish PC growth.
James Murdoch

Did James Murdoch Know about 'For Neville' Email?

The News of the World scandal is creating diverging accounts of who knew what when it came to media executive James Murdoch's recent testimony about a phone hacking before a parliamentary panel in London.
GE CEO Jeff Immelt

GE's Immelt Overcoming Welch's Legacy

GE chairman and CEO Jeff Immelt had big shoes to fill in following Jack Welch as the company's leader. He's faced stiff challenges, but he's reshaping the company and starting to win.
Merger

Express Scripts to Buy Medco Health For $29B, Shares Up

Express Scripts, Inc. (NASDAQ:ESRX) said it agreed to buy Medco Health Solutions, Inc. (NYSE:MHS) for $29.1 billion cash and stock deal that would see Express Scripts becoming the largest pharmacy-benefits manager in the U.S.
Apple Inc

Apple's Cash Hoard: Keeping the Powder Dry, says CEO Jobs

Apple is hoarding record amounts of cash, currently holding $76 billion. But the company has not historically made big acquisitions. CEO Steve Jobs says Apple is merely keeping its "powder dry" for strategic opportunities in the future.
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Who is 'Arab Slayer' Mark Stroman?

Texas White supremacist Mark Anthony Stroman, who got into a shooting rampage aimed at people of Middle Eastern origin a week after the 9/11 attack on the US in 2001, has been executed. The following are some details about the life, beliefs and crime of Stroman:

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