Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday, sending shares slipping despite the promise of better-than-expected holiday sales. "In essence, in China and elsewhere, while Apple’s products are still seen favorably, the distance between Apple and its competitors is nowhere near as great as it once was," Neil Saunders, head of retail research firm Conlumino, wrote in a note. Apple shares fell 2.8 percent to $114.99 in after-hours trading.
By Nigel Stephenson LONDON (Reuters) - Paul Beatty was on Tuesday named as the first American to win the prestigious Man Booker fiction prize, for "The Sellout", a biting satire on race relations in the United States. The narrator of "The Sellout", an African-American called "Bonbon" tries to put his Californian town back on the map, from which it has been officially removed, by re-introducing slavery and segregation in its high school. The 289-page novel begins with "Bonbon" facing a hearing in the Supreme Court, looking back over the events that led up to that point.
The bronze lions guarding the steps of Chicago's Art Institute are decked out in giant caps emblazoned with the blue and red logo of the city's baseball team. As the Cubs attempt to win a coveted World Series championship for the first time in more than a century, the Windy City is plastered in their colors -- and Chicagoans can barely believe what is happening. "We might be seeing something that we haven't seen in over a hundred years," said Peyton Hester, 28, who had come to replace his worn-out Cubs hat at a store across the street from the team's home stadium Wrigley Field.