Violence in the Middle East Stirs Markets

Oil headed for the fourth weekly decline in five in New York as applications for jobless benefits rose and stockpiles climbed to the highest level since July in the U.S., the world’s biggest crude user.

Apple Only Spends 3.5% of Revenue on R&D
08:59 - Compared with its resources, Apple has remained relatively quiet. It spent just 3.5 percent ($8.1 billion) of its $233 billion in revenue in fiscal 2015 on research and development, a lower percentage than every other large U.S. technology company, data compiled by Bloomberg show. Bloomberg's Mark Milian reports on "Bloomberg Markets." (Source: Bloomberg)
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