Long-awaited video service expected from Apple on Monday

Apple is expected to announce Monday that it's launching a video service that could compete with Netflix, Amazon and cable TV itself.It's a long-awaited attempt from the iPhone maker, several years after Netflix turned "binge watching" into a worldwide phenomenon.The new video service is expected to have original TV shows and movies that reportedly cost Apple more than $1 billion — far less than Netflix and HBO spend every year.Also expected is a subscription service consisting of news, en