Technology

Wall St Drops After BOJ Decision; Apple Weighs

U.S. stocks closed down on Thursday as the Bank of Japan's shocking call to cap monetary stimulus continued to rattle investors while a late day decline in Apple shares on remarks from billionaire investor Carl Icahn added to selling pressure.

Sony Reports Biggest FY Profit in 8 Years

Japanese electronics maker Sony on Thursday reported its biggest annual operating profit since fiscal 2007 due to cost cuts in its struggling smartphone business and brisk demand for PlayStation 4 videogames.