FROM Dan Gallagher
Apple to Use Cash Stockpile for Dividends, Stock Buybacks The late Steve Jobs insisted that paying dividends would not increase company value for shareholders, but Apple's accumulated almost $100 billion in cash. During the eight years the co-founder was not with the company, Apple paid dividends, but when Jobs returned in 1995, the practice was discontinued. His successor, Tim Cook, says things are about to change. After stock hit $600 a share last week, Apple's going to distribute some of that $100 billion in cash. Dan Gallagher is technology editor at MarketWatch .
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?