Apple employee died of self-inflicted gunshot wound: police Apr 28, 2016 07:55PM

By Dan Whitcomb

(Reuters) - The Apple Inc (NASDAQ: AAPL) employee found dead at the company's California headquarters committed suicide, dying of a self-inflicted gunshot to the head, police said on Thursday.

The victim, who was found on Wednesday deceased in a conference room at Apple's campus in Silicon Valley, was identified as 25-year-old Edward Thomas Mackowiak of Santa Clara, California.

"The Medical Examiner determined... (continue reading...)


7.3 magnitude earthquake near Vanuatu Apr 28, 2016 03:41PM

7.3 magnitude earthquake near Vanuatu


Sanders says to lay off hundreds of campaign workers: NY Times Apr 27, 2016 04:39PM

WASHINGTON (Reuters) - Democratic presidential candidate Bernie Sanders said on Wednesday he is planning to lay off hundreds of campaign workers nationwide and focus on winning in California, the New York Times reported on Wednesday.

Sanders, a U.S. senator from Vermont, told the Times in an interview he planned to remain in the race despite losing four of five states in primary voting on Tuesday, putting him further behind rival Hillary Clinton.... (continue reading...)


U.S. longer-dated bonds rally as Fed keeps option on June hike Apr 27, 2016 03:17PM

By Richard Leong

NEW YORK (Reuters) - Longer-dated U.S. Treasury debt prices jumped on Wednesday, snapping a seven-day streak of losses, as the Federal Reserve left the door open for an interest rate increase in June, making shorter-dated government debt less appealing.

A wave of buying in 10- and 30-year Treasuries emerged as traders piled into curve-flattening trades that favor these longer debt maturities over short-dated ones, investors... (continue reading...)


After massive drop, is Apple cheap enough? Apr 27, 2016 03:00PM

By Rodrigo Campos

NEW YORK (Reuters) - If Apple (NASDAQ: AAPL) could cash in the value it lost in the first minute of trading on Wednesday, it would be nearly enough to buy General Motors, Target or Caterpillar.

In fact, the $48 billion-or-so the iPhone maker's stock shed at its session low could buy any one of nearly 400 components of the S&P 500. Various measures of valuation suggest the stock is probably still cheap - and has been for some... (continue reading...)


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