Market Close Report Shows Mixed Dow and Nasdaq Dips
The closing figures show the Dow Jones Industrial Average at 15,291.66, down 8.68 points or 0.06 percent, while the Nasdaq Composite rests at 3,520.76, slipping 16.50 points or 0.47 percent. Trading ended with modest declines amid cautious investor sentiment.
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DOW
Apple conspired to raise e book prices in 2010 ruling
A New York federal judge ruled that Apple Inc conspired with five major publishers to raise e book prices in spring 2010. Judge Denise Cote cited compelling evidence from Steve Jobs era remarks and said Apple knew publishers could not act alone against Amazon. The ruling noted price hikes of 50 percent or more and identified credibility concerns among witnesses.
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Jobs
Tom Neumayr
Cupertino
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