Apple’s amazing quarter: It raised prices and gained more customers

Apple CEO Tim Cook. (AP Photo/Marcio Jose Sanchez)

The company handily beat Wall Street expectations for profits, largely on red-hot sales of the iPhone.

    Latest News

    The NFL is dropping its tax-exempt status. Why that ends up helping them out

    The NFL is dropping its tax-exempt status. Why that ends up helping them out

    The NFL’s headquarters will need to pay taxes on income, but they won’t have to share details about executive pay.

    Main Street Morning: What CEOs can learn from Bruce Jenner

    Main Street Morning: What CEOs can learn from Bruce Jenner

    Our rundown of news affecting start-ups and small businesses.

    U.S. to set tougher standards for companies running Medicaid

    U.S. to set tougher standards for companies running Medicaid

    Many states use insurance companies to manage care, but consumers complain about service.

    Digital media firms show off their best stuff at the annual ‘NewFronts’ ritual

    Digital media firms show off their best stuff at the annual ‘NewFronts’ ritual

    Companies such as Buzzfeed, Conde Nast and others are trying to lure valuable advertising dollars.

    Column

    Blaming and fleecing the ‘rich’ won’t fix Social Security

    Truth is, liberals and conservatives are wrong about “the rich” benefiting unfairly from Social Security.

    High court to consider lawsuits over personal data

    High court to consider lawsuits over personal data

    The Supreme Court said Monday it will decide whether Web sites and other firms that collect personal data can be sued for publishing inaccurate information even if the mistakes don’t cause any actual harm.

    Columnists

    Michelle Singletary

    Michelle Singletary

    How to make kids financially foolproof

    The FoolProof Foundation has clever online financial literacy resources.

    Barry Ritholtz

    Barry Ritholtz

    The remarkable life and lessons
    of the $8 million janitor

    The Vermont gas station attendant who quietly accumulated a fortune.

    Allan Sloan

    Allan Sloan

    Blaming and fleecing the ‘rich’ won’t fix Social Security

    Truth is, liberals and conservatives are wrong about “the rich” benefiting unfairly from Social Security.

    Warren Brown

    Warren Brown

    On Wheels: The Chevy Cruze, in need of ‘finishing’

    Warren Brown finds promise in the diesel version but says there’s more work to be done.

    Market News

    Stocks move mostly higher; Health care rebounds

    Stocks move mostly higher; Health care rebounds

    Stocks are moving mostly higher as the health care sector rebounds from a slump the day before.

    Wonkblog

    These two maps show the shocking inequality in Baltimore

    How vacant houses trace the boundaries of Baltimore’s black neighborhoods.

    Sure, that food has the government’s “organic” label. But that doesn’t mean it was made without man-made chemicals.

    Sure, that food has the government’s “organic” label. But that doesn’t mean it was made without man-made chemicals.

    A panel this week will look at which synthetic substances can be considered organic. For a movement largely built around skepticism toward synthetic pesticides and additives, the task of choosing the exceptions can be particularly delicate.

    Why it was only a matter of time before city exploded

    Why it was only a matter of time before city exploded

    ESSAY | A combustible mix of poverty, crime and hopelessness juxtaposed against pockets of old-money affluence.

    More from Wonkblog

    On Leadership

    Salesforce CEO combs through 16,000 workers’ salaries to make sure women are paid fairly

    Salesforce CEO combs through 16,000 workers’ salaries to make sure women are paid fairly

    Marc Benioff has already given some women raises, after finding differences in their pay.

    What makes some federal agencies better than others at innovation

    What makes some federal agencies better than others at innovation

    Government-wide employee data suggest that much more needs to be done to foster innovation within agencies.

    More from On Leadership

    Get There

    CFPB fines Regions Bank $7.5 million for overdraft fees

    CFPB fines Regions Bank $7.5 million for overdraft fees

    The consumer watchdog says the bank kept charging overdraft fees for almost a year after discovering the violation.

    Why people retire when they want to keep working — and what companies can do to help

    Why people retire when they want to keep working — and what companies can do to help

    Some of the changes that could help people stay in their jobs longer would help all workers, analysts say.

    The Switch

    Watch an unpiloted Russian spacecraft spin out of control in space

    Watch an unpiloted Russian spacecraft spin out of control in space

    A Russian space craft launched to deliver cargo to the International Space Station encountered is in trouble.

    Amazon adds another marketplace: Amazon Business

    Amazon adds another marketplace: Amazon Business

    From ballpoint pens to a $60,000 hydraulic press brake, the new shopping destination for businesses expands Amazon’s reach.

    More from The Switch