Former U.S. Treasury Secretary Lawrence Summers has the inside track in the race to succeed Ben Bernanke as chairman of the Federal Reserve, betting at a popular online bookmaker suggests. Irish ... more 
Former U.S. Treasury Secretary Lawrence Summers has the inside track in the race to succeed Ben Bernanke as chairman of the Federal Reserve, betting at a popular online bookmaker suggests. Irish bookmaker Paddy Power offered odds of 1/2 for Summers. That translates to a view that Summers has about a 48 percent chance of being the next Fed chair, a spokesman for the firm said. Billionaire investor Carl Icahn says Apple should buy back more stock. Icahn tweeted that he spoke with Apple CEO Tim Cook and told him the computer company's stock-buyback needs to be boosted immediately. Activist investor Carl Icahn has an eye on Apple. Icahn took to Twitter, where he had so far only sent out 10 tweets since June, to note that his investment group had a "large position in Apple," and that he believed the company to be "extremely undervalued." less 
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Tue, Aug 13, 2013 6:13 PM EDT