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Archive By Section - Nationwide


CVS Caremark 3Q profit up 16% as sales rise

NEW YORK (AP) - CVS Caremark Corp. said Tuesday that its third-quarter earnings climbed 16 percent. The drugstore operator and pharmacy benefits manager posted revenue increases in both businesses, benefiting from new customers won from rivals, and raised its full-year earnings outlook.

November 06, 2012 | | Nationwide




Sandy knocks off big chunk of retail sales

NEW YORK (AP) - Superstorm Sandy knocked off nearly $4 billion of retail sales last week in the hard-hit Mid-Atlantic and Northeast region, nearly 20 percent of the usual total, according to figures released Tuesday by a retail data service.

November 06, 2012 | | Nationwide


New storm whips up looting fears

NEW YORK (AP) -- Richard Chan prowled around his cold, dark Staten Island home with knives and a sword to protect it from thieves, standing his ground as another East Coast storm threatened and police went through neighborhoods with loudspeakers warning people to get out.

November 06, 2012 | | Nationwide


Microsoft, Apple tablets have most profit margin, range from 44% to 46%

LOS ANGELES (AP) - Microsoft and Apple are garnering the highest profit margins for their tablets, followed by Google and then Amazon, according to research firm IHS.

November 05, 2012 | | Nationwide


Apple suit vs. Google over patent rates dismissed

CUPERTINO (AP) - A federal judge in Madison, Wis., on Monday threw out a suit by Apple Inc. claiming that Google subsidiary Motorola Mobility is seeking unreasonably high license fees for the use of patents on wireless technology.

November 05, 2012 | | Nationwide


Netflix moves to block a hostile takeover

LOS GATOS (AP) - Netflix is moving to protect itself against hostile takeovers, less than a week after activist investor Carl Icahn disclosed a stake of nearly 10 percent in the online video company.

November 05, 2012 | | Nationwide


American Suzuki files for bankruptcy protection

BREA (AP) - American Suzuki Motor Corp. has filed for Chapter 11 bankruptcy protection and says it will cease selling automobiles in the U.S. as part of a plan to restructure its business.

November 05, 2012 | | Nationwide


Barea sparks ‘wolves in win vs. Kings

MINNEAPOLIS (AP) - J.J. Barea had 21 points and five assists in 28 minutes for Minnesota, helping the Timberwolves overcome a weak shooting performance in their season opener and beat the Sacramento Kings 92-80 on Friday night.

November 02, 2012 | | Nationwide


Keep it simple, stupid!

I always strive to explain complicated Social Security rules and policies in as simple a manner as possible. And in doing so, I sometimes gloss over the fine points and intricacies of Social Security law, in order to answer someone's question or to make a point. Today's questions come from people who are essentially asking me to "un-simplify" my answers.

November 02, 2012 | | Nationwide


Hyundai, Kia overstated gas mileage, EPA finds

DETROIT (AP) - Hyundai and Kia overstated the gas mileage on 900,000 vehicles in the past three years, a discovery that could result in sanctions from the U.S. government and millions of dollars in payments to car owners.

November 02, 2012 | | Nationwide


Stocks waterlogged by Sandy's mounting

costs as Dow Jones tumbles 139 points

November 02, 2012 | | Nationwide


Solid job growth in last reading before election

WASHINGTON (AP) - The United States added a solid 171,000 jobs in October, and more than a half-million Americans joined the work force, the latest signs that the uneven economic recovery is gaining strength once again.

November 02, 2012 | | Nationwide


Kellogg says Pringles helped fatten profits

NEW YORK (AP) - Kellogg's appetite for salty snacks is helping fatten its profits.

November 01, 2012 | | Nationwide


soft expands Internet, data centers in China

Micro

November 01, 2012 | | Nationwide


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Articles by Section - 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


America says no to cappuccino potato chips

NEW YORK (AP) - America has rejected the idea of cappuccino-flavored Lay's potato chips.

October 20, 2014 | | Nationwide


Apple Pay Q&A

CUPERTINO (AP) - Apple's mobile payment system, Apple Pay, made its debut Monday. Now you can flash your new iPhone in the checkout line to pay for food, clothing and other goods. There's no need to pull out your credit card.

October 20, 2014 | | Nationwide


UPS increases some rates by 4.9%

ATLANTA (AP) - UPS says it is raising rates for a number of its shipping services by an average of 4.9 percent for 2015.

October 20, 2014 | | Nationwide


Record iPhone sales drive Apple’s 3Q beat

CUPERTINO (AP) - The iPhone again proved to be the engine behind Apple's blockbuster financial performance, driving quarterly results well past expectations.

October 20, 2014 | | Nationwide


Not so fast cordcutters: Cable’s far from dead

NEW YORK (AP) - Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. Customers tired of paying big fees for hundreds of channels they never watch just to have access to a few favorite shows might be expected to start cancelling cable service in droves. Get Netflix, throw in HBO, add a network here and there - why would anyone sign up now for cable?

October 20, 2014 | | Nationwide


Thinner iPads, sharper iMacs in Apple’s lineup

CUPERTINO (AP) - Apple unveiled a thinner iPad Thursday with a faster processor and a better camera as it tries to drive excitement for tablets amid slowing demand. The company also released an update to its Mac operating system and introduced a high-resolution iMac model that might appeal to heavy watchers of television over the Internet.

October 16, 2014 | | Nationwide


Google’s 3Q earnings fall as expenses climb 30%

MOUNTAIN VIEW (AP) - Google's third-quarter earnings slipped as the Internet search leader hired nearly 3,000 more employees while pouring more money into its zest for innovation and quest for new markets.

October 16, 2014 | | Nationwide


Apple Pay is bigger bet than gadgets

CUPERTINO (AP) - Apple showed off thinner iPads and a new iMac with a high-resolution display on Thursday. Sleek and stunning, yes, but not likely to spark the next iRevolution. The tech giant's bigger strategic bet is that mobile pay service Apple Pay, debuting Monday, will be the next thing you didn't know you needed - but now can't live without.

October 16, 2014 | | Nationwide


iPhone glass maker to cut 727 jobs at Arizona plant

MESA, Ariz. (AP) - A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant.

October 16, 2014 | | Nationwide


Google tries to upstage Apple

MOUNTAIN VIEW (AP) - Google is coming out with bigger, more expensive versions of its Nexus phone and tablet to attract more of the affluent consumers who faithfully buy each new generation of Apple's iPhone and iPad. It's also releasing a new streaming video and music device, Nexus Player, to compete with Apple TV and Roku, among others.

October 15, 2014 | | Nationwide


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