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Business news in brief

Posted: September 19, 2012 at 4:06 a.m.

QUOTE OF THE DAY “The world economy has absorbed an incredible increase in the price of fuel.” Fred Smith, FedEx Chief Executive Officer Article, 1D Apple stock tops $700 on Nasdaq NEW YORK — Apple’s stock price reached $700 for the first time Tuesday, setting a record for the company the day after it announced that orders for its iPhone 5 topped 2 million in the first 24 hours.

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Business, Pages 26 on 09/19/2012

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