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.
Janisse Quiñones, who oversees the city’s electric grid and water supply, will step down effective March 27 as part of what the mayor described as a “planned transition.”...