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GRE Business Report: January 28th

A look at the top business headlines.
Southwest Airlines has unveiled its first international destinations. They will be flying to Aruba, the Bahamas and Jamaica. The new flights are a result of its integration with AirTran Airways. The flights start July 1st. 

Apple's iPhone sales disappointed investors on Wall Street. The company sold a record number of iPhones in the last three months of 2013- 51 million. But analysts were expecting closer to 57 million. Despite strong profits, investors are concerned about the company's sales outlook for the current quarter. As a result, shares fell in after-hours trading. 

The Obama Administration will allow tech companies to release more information about government data requests. Microsoft, Google, Yahoo!, Facebook and LinkedIn sued the government last summer. They wanted to be able to tell customers how many snooping requests they receive and are required by court order to comply with. Under the agreement, companies will be able to tell customers when they have been forced to hand over information to the government. 
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