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MONEY NEWS

Apple store in mall

John Gress/Reuters

Apple shares soar on increased buyback

Shares of Apple soared 8% in after-hours trading on Wednesday after upping its share buyback and dividend. The company also handily beat Wall Street's profit and sales estimates for the past quarter.

Apple said it will increase its share repurchase pr...

waitress serving food at restaurant

iStock / webphotographeer

Many low-wage workers not protected by minimum wage

President Barack Obama's push to raise the federal minimum wage to $10.10 an hour, coupled with recent state-level increases, is welcome news for many people getting by on small paychecks. But not every low-wage worker has to be paid the minimum wage.

Summer Infant video baby monitor

From cpsc.gov

800,000 baby monitor batteries recalled

About 800,000 rechargeable batteries used in the Summer Infant infant video monitors are being recalled because of burn hazards, according to the U.S. government.

New York Stock Exchange floor

CNN

Stocks: The win streak is over

Wall Street failed to extend its win streak to seven days on Wednesday as investors took their feet off the gas.

The Dow Jones industrial average and S&P 500 posted minor losses while the Nasdaq landed solidly in the red (down 0.83%) amid more biotech...

AIG

John R. Coughlin/CNNMoney

AIG cyber insurance covers bodily harm

Who says the digital world and the physical one are separate?

Amazon logo

Damir Loretic/CNN

Reports say an Amazon phone is close

After more than two years of hints and leaks, the long-awaited Amazon phone appears to be almost ready for its debut.

Starbucks

Sara Bonisteel/CNN

Starbucks may buy a stake in SodaStream

Investors guzzled down shares of SodaStream International on Wednesday amid speculation the Israeli company could sell a stake to coffee giant Starbucks.

Staples store

Bård Edlund/CNNMoney

Postal workers to protest at Staples

Staples shoppers could face a postal workers' picket line on Thursday.

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