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 .
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
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.
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.