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Archive By Section - Nationwide


Safeway profit drops amid growing competition

PLEASANTON (AP) - Safeway Inc. said Thursday that its net income fell 16 percent in the second quarter, as the grocery store operator spent more on advertising and rolled out a new loyalty program to stave off growing competition.

July 19, 2012 | | Nationwide


Walgreen, Express Scripts agree to prescriptions resuming in September

NEW YORK (AP) - The Walgreen pharmacy chain will begin filling prescriptions from customers in the Express Scripts network again starting in September under a new multiyear contract that ends a costly impasse between the companies.

July 19, 2012 | | Nationwide


Chipotle shares hit as 2Q revenue falls short despite earnings jump

DENVER (AP) - Chipotle Mexican Grill Inc.'s earnings soared more than 61 percent in the second quarter but its shares plunged in Thursday after-hours trading after the popular restaurant chain's revenue growth missed expectations.

July 19, 2012 | | Nationwide


Weak economy drags AMD's profit down 40%

SUNNYVALE (AP) - Trouble in the global economy dragged Advanced Micro Devices Inc.'s net income down 40 percent in the second quarter, and the world's second-biggest chipmaker warned that revenue will continue to be hurt through the rest of the summer.

July 19, 2012 | | Nationwide


EBay more than doubles 2Q earnings, revenues go up

SAN JOSE (AP) - EBay Inc. more than doubled its second-quarter net income thanks to higher revenue from its PayPal online payments business and its e-commerce websites.

July 18, 2012 | | Nationwide


Doritos taco eases Yum's China heartburn

LOUISVILLE, Ky. (AP) - Yum Brands Inc. was spared more heartburn from a rare profit setback in China thanks in part to Taco Bell's new take on the taco.

July 18, 2012 | | Nationwide


Google vows to take aim at Mexico's drug cartels with cutting edge tech

WESTLAKE VILLAGE (AP) - Google, so far, has won the search engine wars. Now it wants to target international crime, including Mexico's powerful drug cartels.

July 18, 2012 | | Nationwide


Capital One to pay $210M over marketing tactics

WASHINGTON (AP) - The Obama administration's consumer watchdog agency flexed its enforcement muscles for the first time Wednesday and ordered Capital One Bank to repay millions of credit card customers allegedly tricked into buying costly add-on services.

July 18, 2012 | | Nationwide


Elderly suffer when decisions about their

When is it elder abuse - and when is it an adult child trying to make arrangements for a parent who is losing the ability to cope with the daily activities of living?

July 17, 2012 | | Nationwide


Walnut farm protected from development

LOCKEFORD – John Galeazzi started farming nearly 50 years ago and always dreamed of passing on his legacy to his children and grandchildren. His vision was realized recently when his riverfront walnut orchard in San Joaquin County was permanently shielded from development in a collaboration involving federal, state and local government.

July 17, 2012 | | Nationwide


Business nation briefs

FDA APPROVES HIGHLY ANTICIPATED WEIGHT-LOSS PILL: WASHINGTON (AP) - The Food and Drug Administration on Tuesday approved a new weight loss drug from Vivus Inc. that many doctors consider the most effective therapy in a new generation of anti-obesity pills designed to help patients safely shed pounds.

July 17, 2012 | | Nationwide


WSJ: New iPhone to have thinner screen

CUPERTINO (AP) - A published report says the new iPhone will have a thinner screen. That could leave more room for a larger battery.

July 17, 2012 | | Nationwide


Mayer's top 3 challenges as Yahoo CEO

SAN FRANCISCO (AP) - Like a lot of math geeks, Marissa Mayer enjoys tackling complex problems. She will find plenty of those as the latest CEO at Yahoo. The troubled company has turned into a vexing brain-twister as its financial performance has steadily deteriorated even though it still boasts one of the Internet's biggest audiences and best-known brands.

July 17, 2012 | | Nationwide


Viacom decides not to block 'Daily Show' online

LOS ANGELES (AP) - Viacom has decided to let new episodes of "The Daily Show with Jon Stewart" and "The Colbert Report" be shown on its websites, easing a blockade of online viewings that it imposed last week in a fee dispute with DirecTV.

July 17, 2012 | | Nationwide


Drought now grips more than half of the nation; crop losses feared

WALTONVILLE, Ill. (AP) - The nation's widest drought in decades is spreading, with more than half of the continental United States now in some stage of drought and most of the rest enduring abnormally dry conditions.

July 16, 2012 | | Nationwide


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Articles by Section - Nationwide


Microsoft earnings for 4Q tops Street

REDMOND, Wash. (AP) - Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units - Nokia phones and Bing search - would become profitable in 2016.

July 22, 2014 | | Nationwide


Apple post biggest earnings gain in nearly two years

CUPERTINO (AP) - Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.

July 22, 2014 | | Nationwide


Five tips to protect yourself from ID theft

NEW YORK (AP) - It's an almost weekly occurrence: On Tuesday, Goodwill said its computer systems may have been hacked, leading to the possible theft of customers' credit and debit card information. The nonprofit agency, which operates 2,900 stores in the U.S., said it is working with federal investigators to look into a possible breach.

July 22, 2014 | | Nationwide


New Orleans recycling smoked cigarette butts

NEW ORLEANS (AP) - In New Orleans, discarded butts are being turned into something useful.

July 21, 2014 | | Nationwide


Verizon launches rewards program with tracking

NEW YORK (AP) - Verizon Wireless is launching a nationwide loyalty program this week for its 100-million-plus subscribers. There's a twist, though: To earn points for every dollar spent, subscribers must consent to have their movements tracked so the company can help target ads that match their interests.

July 21, 2014 | | Nationwide


Beef pollutes more than pork, poultry

WASHINGTON (AP) - Raising beef for the American dinner table does far more damage to the environment than producing pork, poultry, eggs or dairy, a new study says.

July 21, 2014 | | Nationwide


Microsoft : Design central to its future

REDMOND, Wash. (AP) - Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food - or "food concepts," he says, for people on the go. Among them: dried noodles that come wrapped around a pair of chopsticks; a tubular meal that can be pulled with two fingers from a car cup holder base; and a fork that squeezes out sauce.

July 21, 2014 | | Nationwide


What happens to your online accounts when you die?

WASHINGTON (AP) - You've probably decided who gets the house or that family heirloom up in the attic when you die. But what about your email account and all those photos stored online?

July 16, 2014 | | Nationwide


Strong PayPal growth boosts eBay’s 2Q profit

SAN JOSE (AP) - EBay said Wednesday that its second-quarter net income rose 6 percent, as strong growth from its PayPal payments business offset lower-than-expected revenue that was hampered by a global password reset after a cyberattack.

July 16, 2014 | | Nationwide


SoCal hearing addresses oil refinery rules

LOS ANGELES (AP) - Residents of modest neighborhoods near three of the largest oil refineries in California called on the Environmental Protection Agency on Wednesday to crack down on plant emissions, saying the pollution is choking their children and endangering their health.

July 16, 2014 | | Nationwide


Reno convention bookings up 49%

RENO, Nev. (AP) - Northern Nevada tourism officials say they've seen a significant spike in convention bookings, but continue to struggle with a drop in government business because of a misconception that casino resorts cost more than other hotels.

July 14, 2014 | | Nationwide


Univ. of Phoenix faces government financial aid review

NEW YORK (AP) - Apollo Education Group said the U.S. Department of Education will review the administration of federal student financial aid programs by its University of Phoenix subsidiary.

July 14, 2014 | | Nationwide


Consumer bureau sues law firm

WASHINGTON (AP) - The Consumer Financial Protection Bureau sued a major debt collection law firm on Monday, alleging it is a "mill" that produces shoddy, mass-produced credit-card collection lawsuits.

July 14, 2014 | | Nationwide


Citigroup to pay $7B in mortgages probe

WASHINGTON (AP) - Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades, the Justice Department said Monday.

July 14, 2014 | | Nationwide


1,153 Trump Plaza workers to lose jobs

ATLANTIC CITY, N.J. (AP) - Job losses at Trump Plaza when the Atlantic City casino shuts down in September will be even worse than expected.

July 14, 2014 | | Nationwide


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