Apple testimony

Apple chief executive Tim Cook must testify in the e-books antitrust case against his company. U.S. District Judge Denise Cote in Manhattan granted the Justice Department’s request to order Cook to testify for four hours.

Apple had tried to block having Cook sit for a deposition, saying it would be “cumulative and duplicative” because the government had already deposed 11 other Apple executives.

Last April, the Justice Department sued Apple and five major book publishers, accusing them of a conspiracy to drive up the prices of digital books.

February’s deficit

The U.S. federal budget deficit grew $203.5 billion in February after a small surplus of $2.9 billion in January.

February’s gap was $28 billion smaller than a year ago, and higher taxes and an improving economy are expected to hold the annual deficit below $1 trillion for the first time since President Barack Obama took office.