Einhorn Raises Apple Bet, Praises Capital Plan

May 7 (Bloomberg) -- Hedge fund manager David Einhorn said he increased his bet on Apple Inc. and that the iPhone maker took a "major step forward" by issuing debt so it could return cash to investors. Einhorn spoke on a teleconference today held by his Greenlight Capital Re Ltd. reinsurer. (This is an excerpt. Source: Bloomberg)
Toyota Turns to Telenav for Navigation in Vehicles
29:13 - Toyota has shunned Apple and Google and has chosen a lesser-known company to provide the navigation systems for its vehicles. Bloomberg’s Craig Trudell reports on “Trending Business.” (Source: Bloomberg)
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