A dormant crypto whale just bet $7 million on the Trump memecoin after a new Mar-a-Lago gala was announced, sparking a 60% rally for the struggling token.
BUSINESS
Global oil prices climb back above $100 as U.S. waiver on some Russian oil sanctions fails to quell supply concerns
A temporary U.S. removal of sanctions on Russian tankers at sea failed to calm concerns over prolonged disruptions to the flow of crude through the Strait of Hormuz.
BTS Reveals ‘ARIRANG’ Album Covers And Animated Trailer — How It’s All Connected
BTS releases the album covers and animated trailer for ‘ARIRANG.’ Everything that the group reveals is all connected: the logo, the themes, symbols, and more.
Europe Negotiating With Iran For Oil Access Through Strait—As U.S. Still Blocked—Report Says
Nearly 100 countries have reported increased gas prices since the attacks on Iran by the US and Israel.
Ruth E. Carter Honored At The Inaugural Camille Rose Art Of Glam: Honoring The Hands Behind The Beauty Awards Dinner
On March 11th, the founder of beloved beauty brand Camille Rose, Janell Stephens, launched Art of Glam: Honoring the Hands Behind the Beauty, which recognized the beauty architects behind some of the notable talents, films, and television series at The Maybourne Hotel in Beverly Hills, California, during a buzzy Oscar week.
You Make Enough Decisions Every Day — Here’s a Simple Meal System Built for Your Busy Schedule
Meal planning is supposed to save entrepreneurs time and money, and support better energy and focus — but most plans fail because they’re built for ideal weeks instead of real schedules. Here’s how to design a plan that actually holds up.
After Her Sister’s Tragic Death, This English Teacher Turned Tip Money Into a $20 Kindness Challenge for Students — Now It’s a Nonprofit Reaching 425 Kids
The challenge began as one class project funded with her late sister’s tip money, and has since grown into a nonprofit.
Gen Z Parents Are ‘Career Co-Piloting’ Their Kids — Joining Interviews, Contacting Employers, and Negotiating Salaries
A survey of 1,001 Gen Z workers reveals the surprising extent of parental involvement in early career decisions, from resumes to workplace visits.
Does Apple pay dividends? A history of rewarding shareholders
Apple is the second-largest company in the world by market value. It also has one of the largest cash piles among U.S. publicly traded companies, and that makes it attractive portfolio fodder for investors. Earnings and cash on hand enable companies to reward investors with dividends, and Apple is no exception. Here’s a history of Apple’s dividend payments and why it had stopped paying when founder Steve Jobs returned in his second turn as CEO in 1997.Apple dividend quick facts*Yield: 0.40%Payout Ratio: 13.90%Frequency: Quarterly*Based on Apple’s March 12, 2026 stock price, fiscal year 2025 earnings, and 2025 total dividends.How often does Apple pay dividends?Apple pays dividends on a quarterly basis. The first quarterly dividend payment during the regular calendar year is typically made in the middle of February, followed by the middle of May for the second, the middle of August for the third, and the middle of November for the fourth.Related: How many employees does Apple have? A deeper look at the tech giant’s workforceWhen did Apple start paying dividends?Apple made its first dividend payment on June 15, 1987, in the amount of 6 cents per share. It was declared on April 22, 1987, to shareholders of record as of May 15, 1987.However, Apple stopped paying dividends after 1995 because the company posted its first annual loss in its fiscal year 1996, and it was trying to retain cash. Its net loss was $816 million, due to an 11% drop in sales to $9.8 billion from the year earlier. Losses widened to $1 billion in 1997, the year Steve Jobs returned as CEO, but Apple quickly returned to profitability in 1998.When did Apple resume dividend payments?Apple resumed paying dividends in 2012 after growing its cash reserves.After Jobs returned as CEO for a second time in 1997, he focused on building the company’s cash pile but didn’t pay dividends. After Jobs passed in late 2011, Apple resumed paying dividends. It paid a quarterly dividend of $2.65 per share on August 16, 2012. The dividend was large relative to its stock price, and in 2012, the stock price ranged from $354 to $705. Its cash and cash equivalents totaled $10.74 billion in 2012, up significantly from $1.48 billion in 1998 — Jobs’ first full year as CEO.The resumption of dividend payments attracted billionaire investor Warren Buffet — known for investing in companies for their dividends — who bought Apple through Berkshire Hathaway in 2016. As of early 2026, Apple was Berkshire’s biggest stockholding by value. Apple’s cash pile in fiscal 2025 was $35.93 billion, and it paid $1.04 in total dividends per share for the calendar year.More on Apple:Where is Apple’s headquarters? A spaceship-like office with thousands of treesWho owns Apple? Institutional holdings & executives’ sharesSteve Jobs’ net worth: How rich Apple’s founder could have beenIs Apple a dividend aristocrat? Apple isn’t yet a dividend aristocrat, a moniker that is usually applied to a company that has paid dividends for at least 25 consecutive years. Since resuming dividend payments in 2012, it will have to wait until 2037 to be named a dividend aristocrat.The S&P 500 Dividend Aristocrats Index has 69 component stocks, including McDonald’s and IBM.Is Apple’s dividend safe? As long as Apple maintains its cash pile and remains profitable, the company is likely to continue paying dividends. In its fiscal year 2025, its cash and cash equivalents amounted to $35.93 billion, and its net income was $112 billion. So, for now, Apple’s dividends seem unlikely to disappear.
81-year-old food icon, Hronis, files Chapter 11 bankruptcy
Many Americans have been trading down. That’s what some retail leaders, including Walmart and McDonald’s, have talked about.”We drove positive transaction counts and unit volumes, and we’re gaining market share in grocery and general merchandise, including here in the U.S., where we saw strength across income cohorts and especially with higher income households,” former Walmart CEO Doug McMillon said during his company’s third-quarter earnings call.McDonald’s CEO Chris Kempczinski noted during his company’s first-quarter earnings call that his chain has seen weakness with lower and middle-income consumers. “Traffic growth from the high-income cohort remains solid, illustrating the divided U.S. economy, where low and middle-income consumers in particular are being weighed down by the cumulative impact of inflation and heightened anxiety about the economic outlook,” he said.Americans are trading down in their shopping and dining choices, and that has contributed to a number of Chapter 11 bankruptcy filings, including a March 6 filing by Hronis, a large producer of fresh fruit and citrus marketed under a number of retail brands. “When the economy goes down, so does the quality of our diets”Fresh and healthy foods generally cost more than those that aren’t as good for you. “Fruits and vegetables appear more expensive than less healthy foods when the price is measured by calories rather than by weight or by amount in an average serving. The price measure has a large effect on which foods are determined more expensive,” the USDA shared.Fresh foods also spoil and don’t last as long as packaged foods.During the Great Recession in 2008, Americans did actually eat less healthy food, according to Nutrition.org.More Bankruptcy:Key auto parts and services company files Chapter 11 bankruptcyKey travel brand files for Chapter 11 bankruptcySelf-driving-car company files for Chapter 11 bankruptcy protection”Adults overall ate more refined grains and solid fats, and children increased their intake of added sugar during the recession. The impacts of the downturn were especially pronounced in food-insecure households, where individuals significantly reduced their intake of protein and dark green vegetables while increasing total sugars,” the website shared.Adam Drewnowskiand Nicole Darmon shared a deeper look at that problem in their Journal of Nutrition article Food choices and diet costs: an economic analysis.”Added sugars and added fats are far more affordable than are the recommended ‘healthful’ diets based on lean meats, whole grains, and fresh vegetables and fruit. There is an inverse relationship between energy density of foods (kJ/g) and energy cost ($/MJ), such that energy-dense grains, fats, and sweets represent the lowest-cost dietary options to the consumer,” they wrote.That’s a dangerous recipe for Hronis, which has been selling fresh fruit and citrus since 1945.
Fresh fruit tends to be more expensive than less healthy options.Pixabay
Hronis files for Chapter 11 bankruptcy“On Friday, we voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court because it provides the best path forward for our business. This process preserves our company’s 80-year family legacy, maintains surety of supply for our customers during the 2026 season, and allows us to pursue strategic alternatives,” Hronis Vice President Peter Hronis told Blue Book.The company has the support of its senior lender and plans to continue its operations.California-based fruit grower Hronis, Inc. filed for Chapter 11 bankruptcy protection on March 6, 2026, in the U.S. Bankruptcy Court for the Eastern District of California, according to Bankruptcy Observer.The case is being overseen by Judge Rene Lastreto II and was filed under case number 26-10978, added Inforuptcy.Court filings estimate the company’s assets and liabilities each between $50 million and $100 million, according to documents on PacerMonitor.The bankruptcy filing includes Hronis, Inc. and multiple affiliated entities in a multi-debtor Chapter 11 case, according to Elevenflo.com.Peter Hronis tried to paint the move as a positive.”We are moving forward with the upcoming growing season, and customers can depend on the surety of supply from Hronis for the 2026 season. We will produce, pack, and ship grapes as planned,” he said.The family members also tried to make it clear that the plan is to emerge from bankruptcy as a going concern.“I know the word ‘bankruptcy’ can have negative connotations, but in reality, it is often a strategic step companies take to stabilize their businesses and position them for long-term success,” he added. Related: Beloved rum, bourbon, vodka brand files Chapter 7 bankruptcy