How powerful is Apple? Just the rumor of it entering the streaming music business rattled potential competitors.
Shares tank 18% on chatter that Apple is looking at developing an online radio service.
Here's a closer look at the Internet radio company's latest earnings report.
The ECB downplays a report about planned bond buying to stem the region's debt crisis. Aetna will buy Coventry Health in a $5.7 billion deal. Lowe's slumps on weak earnings. Apple hits a new high as Facebook is up from new low.
Healthy subscriber gains are backed by growth in auto sales.
The entertainment giant is due to report after the close, and the satellite radio company's result topped expectations.
SanDisk is upgraded to 'above average,' and AMD is downgraded to 'hold.'
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MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.