Wells Fargo’s earnings grew at its slowest pace in more than six years in the third quarter, dragged down by deteriorating home loans likely to cause more trouble in months ahead. Despite the real estate market’s rocky conditions, Wells Fargo & Co. (WFC) said Tuesday that its profit edged up by 4 percent to $2.28 billion, or 68 cents per share, in the three months ended in September.
Apple Inc.’s (AAPL) next-generation operating system, Mac OS X Leopard, will be available Oct. 26 for $129, and Apple’s online store is taking preorders, the company said Tuesday. Leopard was originally due in June, but Apple said in April that it needed to divert resources so it could launch the much-anticipated iPhone on time. Such product delays are rare for the Cupertino company.