Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6% in extended trade. Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company's history.
The U.S. Supreme Court recently heard arguments in a case that could redefine one of the most consequential questions in American law: Who is entitled to...