Cash | featured news

Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. At the same time, the company said revenue for the current quarter could fall from the year before, which would be the first decline in many years.

Researchers are reporting success with using cash incentives to help people lose weight. In a yearlong study, people were offered a chance to win or lose $20 a month if they met certain diet goals. They lost an average of 9 pounds compared to just over 2 pounds for other study participants who were not offered the chance to win money if they shed pounds.

It’s “cash only” now for tourists at the Vatican wanting to pay for museum tickets, souvenirs and other services after Italy’s central bank decided to block electronic payments, including credit cards, at the tiny city-state.

In a scene that one witness described as like a movie, dozens of motorists driving on a highway in Maryland stopped their cars to grab fistfuls from a “snow globe of cash” lost from an armored truck Friday morning.

Apple, one of the world’s richest companies, will reward investors with a dividend- and share-purchase program totaling $45 billion over three years, the company said Monday. In a departure from the direction of late chief executive Steve Jobs, Apple will significantly draw from its massive $98 billion cash war chest to initiate a quarterly dividend of $2.65 per share sometime in the fiscal quarter beginning July 1.

Apple has finally decided what to do with its cash hoard of nearly $100 billion. The company issued an unusual media alert on Sunday evening saying it planned to announce on Monday morning the long-awaited outcome to a discussion about what to do with its cash balance.

Australian police were looking for the owner of a suitcase "full of money" that was left at a restaurant on Tuesday. Ten Network television reported the luggage found at Cafe Marco in the Burwood district of Sydney contained about 1 million Australian dollars ($1 million) in $50 notes.

Maybe the cash-strapped U.S. government should start selling iPads. According to the latest statement from the U.S. Treasury, the government had an operating cash balance Wednesday of $73.8 billion. That's still a lot of money, but it's less than what Steve Jobs has lying around.

A worker at a furniture liquidation business found bundles of cash hidden in the back of an armoire. The owners of the company, Liz and Mark Thompson of ET Estate Sales & Liquidation, traced the furniture to an estate sale and were able to return $20,000 to the family of the owner.

A letter carrier who has worked in this town for the past nine years has been charged with stealing cash, gift cards, debit and credit cards from the very mail she was paid to deliver, authorities said Wednesday.