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Archive By Section - 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


Atari US files for Chapter 11 to separate from parent company

NEW YORK (AP) - Video game maker Atari's U.S. operations have filed for Chapter 11 bankruptcy protection in an effort to separate from their French parent company, which is filing a similar motion separately in France.

January 21, 2013 | | Nationwide


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Articles by Section - Nationwide


What does Apple do next?

CUPERTINO (AP) - Apple CEO Tim Cook says consumer demand for new iPhones has been "staggering" and "hard to comprehend." That helped the company report record-smashing earnings for its latest quarter and sent the stock climbing more than 7 percent on Wednesday.

January 28, 2015 | | Nationwide


Facebook beats profit expectations

MENLO PARK (AP) - For the seventh quarter in a row Facebook beat profit and revenue forecasts, continuing to win more mobile advertising revenue as most users shift to using the site on smartphones and other portable devices.

January 28, 2015 | | Nationwide


Frenzy forces Vegas White Castle to close

LAS VEGAS (AP) - A 24-hour White Castle location on the Las Vegas Strip that opened to long lines of the burger chain's fans had to close for more than two hours to restock after its grand opening.

January 28, 2015 | | Nationwide


What! Facebook’s down? No storm selfies during outage

MENLO PARK (AP) - No storm selfies, hookups, status updates. With Facebook and Instagram down for nearly an hour overnight, what were legions of users to do?

January 27, 2015 | | Nationwide


iPhone sales smash records

CUPERTINO (AP) - Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.

January 27, 2015 | | Nationwide


Yahoo spinning off Alibaba stake

SUNNYVALE (AP) - Yahoo CEO Marissa Mayer is spinning off the company's $39 billion stake in China's Alibaba Group Holding in a move that wards off a potential shareholder rebellion.

January 27, 2015 | | Nationwide


Parking garages fall to the wrecking ball

DES MOINES, Iowa (AP) - They were supposed to be saviors of downtown, drawing people by offering parking as plentiful as at any suburban shopping mall.

January 27, 2015 | | Nationwide


IBM denies report of mass layoffs

SAN FRANCISCO (AP) - Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.

January 26, 2015 | | Nationwide


Microsoft earnings report doesn’t excite

SAN FRANCISCO (AP) - Big jumps in sales of its Surface tablets, cloud computing software and Lumia smartphones drove Microsoft's quarterly revenue above expectations, as CEO Satya Nadella continues to steer toward the mobile gadget market and shift Microsoft away from its traditional focus on the PC.

January 26, 2015 | | Nationwide


Starbucks’ 1Q profits soar on strong traffic

NEW YORK (AP) - Starbucks Corp.'s fiscal first-quarter earnings soared 82 percent as the coffee chain attracted more customers around the globe who snapped up an expanded offering of food and drinks over the holidays.

January 22, 2015 | | Nationwide


Microsoft to show off more Windows 10 features today

REDMOND, Washington (AP) - Microsoft will use an event today to offer a wider glimpse of the next version of Windows.

January 20, 2015 | | Nationwide


Netflix adds 4.3M more subscribers

SAN FRANCISCO (AP) - Coming off its best quarter yet, Netflix is accelerating its international expansion in hopes its original programming will hook millions more subscribers on the Internet video service.

January 20, 2015 | | Nationwide


US settles case over fake Facebook page

WASHINGTON (AP) - The Justice Department has reached a $134,000 settlement with a New York woman after federal drug agents used information from her cellphone to set up a fake Facebook page in her identity, a tactic that raised privacy concerns and led to a federal government review of the ruse, according to court papers filed Tuesday.

January 20, 2015 | | Nationwide


Twitter buys ZipDial in bid for users in emerging markets

SAN FRANCISCO (AP) - Twitter said Tuesday that it plans to buy Indian mobile marketing company ZipDial as it tries to reach new users in developing regions.

January 20, 2015 | | Nationwide


Does Airbnb help or hurt affordable housing?

NEW YORK (AP) - They cater to travelers, but Airbnb and other short-term rental sites are sparking debate over an issue few tourists are likely to unpack: affordable housing.

January 20, 2015 | | Nationwide


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