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Archive By Section - Nationwide


AT&T gains customers in 4Q, posts big loss

NEW YORK (AP) - The launch of the iPhone 5 helped AT&T attract more new customers in the holiday quarter than it has in three years, but the company posted a big loss because of an annual adjustment to its pension obligations.

January 24, 2013 | | Nationwide


IBM's results lift Dow average to a five-year high

NEW YORK (AP) - Strong earnings from tech giants nudged the stock market to a five-year high Wednesday. Investors drew encouragement from a vote by the House of Representatives to let the government keep paying all of its bills for another four months.

January 23, 2013 | | Nationwide


McDonald's plans 'Fish McBites' to boost slumping fast food sales

NEW YORK (AP) - McDonald's used the Dollar Menu to help lift its profit in the latest quarter. Now the world's biggest hamburger chain is turning to a pipeline of new menu items to boost slumping sales, starting with "Fish McBites."

January 23, 2013 | | Nationwide


Beverage industry, NYC duel over drinks

NEW YORK (AP) - The city defended its groundbreaking size limit on sugary drinks Wednesday as an imperfect but meaningful rein on obesity, while critics said it would hurt small and minority-owned businesses while doing little to help health.

January 23, 2013 | | Nationwide


53 senators urge approval of Keystone XL pipeline route

WASHINGTON (AP) - More than half the Senate on Wednesday urged quick approval of the Keystone XL oil pipeline, ramping up pressure on President Barack Obama to move ahead with the project just days after he promised in his inaugural address to respond vigorously to the threat of climate change.

January 23, 2013 | | Nationwide


Unions suffer sharp membership decline

WASHINGTON (AP) - Union membership plummeted last year to the lowest level since the 1930s as cash-strapped state and local governments shed workers and unions had difficulty organizing new members in the private sector despite signs of an improving economy.

January 23, 2013 | | Nationwide


Apple's profit rocket hits air pocket

CUPERTINO (AP) - Apple Inc. warned Wednesday that its blockbuster sales growth of the last five years is slowing drastically, as iPhone sales start to plateau and the company finds itself lacking in revolutionary new products.

January 23, 2013 | | Nationwide


Feds: 3 nabbed for widespread Gozi computer virus

NEW YORK (AP) - A computer virus that spread to more than a million computers worldwide, including some at NASA, and produced at least $50 million in illegal profits or losses to victims should be a "wake-up call" for banks and consumers unaware of the threat posed by Internet criminals, a prosecutor said Wednesday.

January 23, 2013 | | Nationwide


2012 home sales best in 5 years

WASHINGTON (AP) - U.S. sales of previously occupied homes dipped in December from November, in part because of a limited supply of available homes. But for all of 2012, sales rose to their highest level in five years.

January 22, 2013 | | Nationwide


Wells Fargo increases quarterly dividend

SAN FRANCISCO (AP) - Wells Fargo & Co. is increasing its regular quarterly dividend by 3 cents to 25 cents, an increase of nearly 14 percent.

January 22, 2013 | | Nationwide


Can Apple maintain its shine?

NEW YORK (AP) - For many investors, Apple's best days are behind it. Competitors are catching up, they believe, and the latest iPhone is stumbling.

January 22, 2013 | | Nationwide


It's cowboys v. showgirls in Coke's Super Bowl ad

NEW YORK (AP) - Most people will be cheering for the San Francisco 49ers or Baltimore Ravens during Super Bowl XLVII on Feb. 3.

January 22, 2013 | | Nationwide


Google's 4Q earnings rise 7 percent

MOUNTAIN VIEW (AP) - Google's fourth-quarter earnings rose 7 percent as online advertisers spent more money in pursuit of holiday shoppers.

January 22, 2013 | | Nationwide


Microsoft may invest in Dell buyout

NEW YORK (AP) - Microsoft has joined the negotiations to buy struggling computer maker Dell, according to media reports.

January 22, 2013 | | Nationwide


Glimmer of hope in USA debt talks buoys markets

LONDON (AP) - Hopes that U.S. politicians will be able to reach a deal on raising the government's debt limit, avoiding the risk of a disastrous default, supported global markets on Monday, when Wall Street will remain closed for a holiday.

January 21, 2013 | | Nationwide


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Articles by Section - Nationwide


User growth not much to Tweet about

SAN FRANCISCO (AP) - Twitter's third-quarter revenue outpaced expectations, but investors concerned about user growth and holiday-quarter revenue clipped the company's stock price late Monday.

October 27, 2014 | | Nationwide


Dunkin’ rolls out ‘Croissant Donut’

NEW YORK (AP) - Dunkin' Donuts plans to roll out a croissant-doughnut hybrid in the U.S. next week, but the company says please don't call it a "Cronut."

October 27, 2014 | | Nationwide


Pending home sales rise modestly in September

WASHINGTON (AP) - The number of Americans signing contracts to buy homes ticked up only slightly in September, as it remained difficult to qualify for mortgage financing.

October 27, 2014 | | Nationwide


Toyota tops Consumer Reports rankings

DETROIT (AP) - Toyota continues its winning streak atop Consumer Reports' annual reliability rankings.

October 27, 2014 | | Nationwide


6 vehicles impounded in UberX sting

PHILADELPHIA (AP) - The city's parking authority lived up to its threats to impound vehicles and fine drivers participating in the UberX ride-sharing service.

October 27, 2014 | | Nationwide


Blue Christmas for Amazon?

NEW YORK (AP) - It might be a blue Christmas for Amazon.

October 23, 2014 | | Nationwide


Union Pacific 3Q profit chugs ahead 19 percent

OMAHA, Neb. (AP) - Union Pacific Corp. delivered a 19 percent increase in its third-quarter profit as the railroad hauled 7 percent more freight and increased rates.

October 23, 2014 | | Nationwide


Cloud business lifts Microsoft’s quarterly results

SAN FRANCISCO (AP) - Microsoft's quarterly profit and revenue sailed past expectations Thursday, as CEO Satya Nadella's push to embrace cloud computing and diversify into mobile devices helped lift sales by 25 percent.

October 23, 2014 | | Nationwide


Enticing low rates, but impact on refinancing could be limited

WASHINGTON (AP) - With mortgage rates sliding for a fifth straight week, the possibility of locking in a rate below 4 percent is tempting for consumers and could unleash a wave of refinancing. It may even convince some Americans to buy their first home.

October 23, 2014 | | Nationwide


PulteGroup tops earnings outlook

ATLANTA (AP) - PulteGroup Inc. on Thursday reported third-quarter net income of $140.5 million.

October 23, 2014 | | Nationwide


NEWS FROM BUSINESS WORLD

• CAMEL MAKER REYNOLDS SNUFFS OUT WORKPLACE SMOKING: RICHMOND, Va. (AP) - Camel cigarette maker Reynolds American Inc. is snuffing out smoking in its offices and buildings.

October 22, 2014 | | Nationwide


Early Apple computer sells for $905K

NEW YORK (AP) - A vintage Apple computer that was one of only 50 made in Steve Jobs' garage in 1976 sold for $905,000 at auction on Wednesday, far exceeding pre-sale estimates and outdoing a previous high price of more than $671,000 paid in Germany last year.

October 22, 2014 | | Nationwide


Social Security benefits up an average of $20 a month during 2015

WASHINGTON (AP) - Come January, nearly 60 million Social Security recipients will get benefit increases averaging $20 a month, the third straight year of historically small pay hikes.

October 22, 2014 | | Nationwide


McDonald’s new menu plan: Have it your way

NEW YORK (AP) - After posting yet another disappointing quarter, McDonald's CEO Don Thompson said Tuesday the company hasn't been keeping up with the times and that changes are in store for its U.S. restaurants.

October 21, 2014 | | Nationwide


TWEAKER TOYS

NEW YORK (AP) - Toys R Us is pulling its four collectible dolls based on characters from AMC's hit series "Breaking Bad" after taking heat from a Florida mom who launched a petition campaign last week.

October 21, 2014 | | Nationwide


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