Former Apple CEO Steve Jobs saw the company through its infancy, its early tremors of doubt, and its wild bouts of success. Among his more significant lessons was this: Being best is more important than being first. How does Jobs, who passed away Oct. 5, 2011, stack up against America's great business leaders when tested by his own rule? Here's a look at how he compares with five of the greats:
Dell stock fell more than 7 percent on Tuesday, even as the company reported a 63 percent increase in second quarter net income. Dell stock earned 48 cents per share, the company said after the market closed.
Shell oil spill: Although the amount of oil involved in the Shell spill off the coast of Scotland is an order of magnitude smaller than BP's 2010 Gulf of Mexico disaster — around 1,300 barrels so far compared to an estimated 4.9 million in the Gulf — the spill undercuts Shell's earlier suggestions that it is a safer company than BP.
Apple Inc. is still number 2 in the US, but for a moment the company surpassed Exxon Mobile to become the most valuable company in America, Tuesday.
Cybersecurity firm McAfee says it infiltrated a 'command and control' server with detailed logs of five years of cyberattacks against targets ranging from the US government to the World Anti-Doping Agency. McAfee suggests a country was behind it. Experts suspect China.
Apple cash now exceeds what the US government has left before it hits the debt limit. Apple cash level is higher even though government spends 10 times more than Apple is worth.
Oil futures slipped 3 cents to $97.38 a barrel for West Texas Intermediate crude. In London, Brent oil futures fell 5 cents to $117.38.
The Gulf oil spill was capped a year ago Friday, but offshore drilling is still far off its pre-spill pace. With a new regulatory agency putting a greater emphasis on safety, the industry might have to adjust to a new normal.
Yellowstone River oil spill: About 150 people showed up at an EPA meeting Wednesday night with questions about health risks, the duration of the cleanup, and whether the oil will permanently damage their livestock or property.
Hundreds of barrels of crude oil spilled into Montana's Yellowstone River after an ExxonMobil pipeline beneath the riverbed ruptured, sending a plume 25 miles downstream and forcing temporary evacuations.