Business Briefing
Retail Skirmish Blocks Apple Pay

Retail Skirmish Blocks Apple Pay
Plan on paying in stores with your shiny new iPhone 6? Not so fast. The decision to not accept Apple Pay by retailers that already have contactless terminals is a "skirmish" rooted in competition.
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LG Surges on Smartphone Sales
South Korea's LG Electronics says its third-quarter profit jumped 87 percent over a year earlier as smartphone sales set a record high, surpassing profits from televisions, LG's other mainstay business.
FTC Says AT&T Misled Customers
AT&T is being sued by the government over allegations it misled millions of smartphone customers who were promised unlimited data but then had their Internet speeds slashed by the company.
Tim Cook Says Apple Pay a Success
Upbeat CEO Tim Cook said Apple's new mobile payment system had over 1 million activations in the first three days after it became available, and is now more widely used than any other system.
Does Twitter Need More Tweeters?
People seem to be more important than money for investors when it comes to one Silicon Valley company: Twitter, which was punished on Wall Street despite more ad sales than expected.
How Well Did Fed's Stimulus Work?
Economists say many goals were met.
Lexus, Toyota Tops for Consumers
Infotainment systems are a big priority.
FCC: Mobile Carriers Posted Data
Private user info accessible via Google.
Google's Rising Star: Sundai Pichar
CEO Larry Page transferring power.
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