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WhatsApp founders own nearly $9B in Facebook stock

MENLO PARK (AP) - WhatsApp founders Jan Koum and Brian Acton received 116 million shares of Facebook stock currently worth nearly $9 billion when they sold their unprofitable messaging service to the social networking leader earlier this month.

October 29, 2014 | | Nation


Oak Valley Banks posts $1.5M net income in 3Q

OAKDALE − Oak Valley Bancorp, the bank holding company for Oak Valley Community Bank and Eastern Sierra Community Bank, for the three months ending Sept. 30 reported consolidated net income available to common shareholders was $1,535,000, or $0.19 per diluted common share.

October 29, 2014 | | Nation


Government pushes air bag maker on replacement parts

DETROIT (AP) - The U.S. government's auto safety agency, responding to criticism of its slow response to safety issues, told the manufacturer of millions of potentially faulty air bags to make replacement parts faster and do more testing to find the cause of the problem.

October 29, 2014 | | Nation


Woman wanted Starbucks discs, settles for $250

OKEMOS, Mich. (AP) - A Michigan woman who wanted homebrewed Starbucks coffee - described by her attorney as "gold" - will accept $250 to end a lawsuit over the company's decision to stop making discs for a specific single-serve machine.

October 29, 2014 | | Nation


Startup to ‘Poynt’ in new direction

PALO ALTO (AP) - A Silicon Valley startup is hoping an upcoming transition to smarter credit and debit cards will persuade millions of U.S. merchants to buy savvier payment terminals for their stores, too.

October 29, 2014 | | Nation


Shutterfly beats 3Q profit forecasts

REDWOOD CITY (AP) - Shutterfly Inc. (SFLY) on Wednesday reported a loss of $46.2 million in its third quarter.

October 29, 2014 | | Nation


UPS predicts 11% hike in December packages

ATLANTA (AP) - UPS expects to deliver more than 34 million packages on the busiest day of the holiday season, double the amount on a normal day.

October 29, 2014 | | Nation


AT&T misled customers over unlimited data

WASHINGTON (AP) - AT&T is being sued by the government over allegations it misled millions of smartphone customers who were promised unlimited data but had their Internet speeds cut by the company - slowing their ability to open web pages or watch streaming video.

October 28, 2014 | | Nation


G&E tops Street forecasts, earns $811 million in 3Q

SAN FRANCISCO (AP) - Pacific Gas & Electric Co. (PCG) on Tuesday reported net income of $811 million in its third quarter.

October 28, 2014 | | Nation


AutoNation halts sales of cars part of air bag recalls

DETROIT (AP) - The head of the nation's biggest car dealership chain says it won't sell used cars being recalled for exploding air bags due to conflicting advice from automakers and lack of direction from the government.

October 28, 2014 | | Nation


Calif. AG: 18.5 million residents’ info exposed from data breaches

LAGUNA BEACH (AP) - Personal information about more than 18.5 million Californians was hacked, stolen or otherwise exposed last year and as many as one-third of those people will become victims of fraud, California Attorney General Kamala Harris said Tuesday in a new report on data breaches in the nation's biggest state.

October 28, 2014 | | Nation


Now in aisle 3 at Lowe’s: robots

NEW YORK (AP) - The robots are coming.

October 28, 2014 | | Nation


Flying drones near stadiums could end in jail

WASHINGTON (AP) - Operators who fly drones or model planes near or over large sports stadiums and auto racetracks are breaking the law and can be fined and imprisoned for up to a year, the Federal Aviation Administration warned in a notice posted on the agency's website.

October 28, 2014 | | Nation


Tim Cook says Apple Pay a success

LAGUNA BEACH. (AP) - Apple CEO Tim Cook said Apple's new mobile payment system had over 1 million activations in the first three days after it became available, and is now more widely used than any competing payment system.

October 28, 2014 | | Nation


Facebook’s advertising revenue soars in 3Q

MENLO PARK (AP) - Facebook grew its advertising revenue by 64 percent in the third quarter, helped by a boost in mobile ads that are becoming an increasingly large chunk of the social networking giant's overall advertising business.

October 28, 2014 | | Nation


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Articles by Section - Nation


New Battle of the Alamo is brewing over shrine revamp

SAN ANTONIO (AP) - Remember the Alamo? A new Texas battle is brewing over how best to do so.

October 21, 2017 | | Nation


Wounded veteran sees student debt forgiven but $62,000 tax bill

BATH TOWNSHIP, Mich. (AP) - The IRS is asking a wounded veteran from Michigan to pay $62,000 in income taxes on the federal government's ...

October 20, 2017 | | Nation


Budget deficit hits $666B, an $80B spike for the year

WASHINGTON (AP) - The federal budget deficit rose to $666 billion in the just-completed fiscal year, a spike that comes as Republicans are moving to draft ...

October 20, 2017 | | Nation


Trump promises tax cuts as Senate GOP paves way with budget

WASHINGTON (AP) - President Donald Trump promised tax cuts Friday "which will be the biggest in the history of our country" following Senate passage of a ...

October 20, 2017 | | Nation


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