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Business

  • World Cup defeat hurts stocks
    Argentina and Germany face off in the World Cup final on Sunday and investors in both countries will do well to be alert to potential drops on their stock markets the day after in case of defeat.
  • Big Tobacco companies in merger talks
    Big Tobacco may soon get smaller. The makers of Camel and Newport cigarettes said Friday they are in talks to combine two of the nation’s oldest tobacco companies. A deal between Reynolds American Inc.
  • Jobs coming to Kosciusko
    Kosciusko County will be getting a boost to its employment base after a business requested a $22 million tax abatement this week for new equipment.
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Exxon passes Apple as world’s most valuable company

NEW YORK – Exxon has surpassed Apple as world’s most valuable company after the tech company’s stock falls.

Apple Inc.’s stock has been falling since an earnings report on Wednesday. It fell another 1.8 percent on Friday to $442.60 for a market capitalization of $415.6 billion.

Exxon Mobil Corp. was mostly unchanged and has a market capitalization of $416.2 billion.

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