Apple patents discreet 911 calls

The markets advanced during the midday with the Dow gaining 44 points to 21,619. Nasdaq climbed 38 points to 6,382.


Apple received a patent for a discreet way to call 911 during an emergency. Users can preprogram their phones to contact emergency services when a certain finger or a sequence of fingers are used on the iPhone screen. Once activated, the location of the phone will be transmitted to emergency responders while audio or video can also be livestreamed.


A jury in New York sided with General Motors in a suit filed by a man who claimed that a defective ignition switch caused his accident. GM had recalled 2.6 million vehicles in 2014 to replace a faulty ignition switch. But, the plaintiff's car had an updated version of the ignition switch.


Crown Castle International will pay approximately $7.1 million in cash to acquire Lightower Fiber Networks. The wireless tower operator has been pursuing opportunities to diversify its tower business and expand its fiber footprint. Lighttower is expected to add between $465 million to $485 million to adjusted funds from operations and contribute approximately $850 million to $870 million in site rental revenue.


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 gained 10 points to 2,471. Bitcoin tumbled $49 to $2261.


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