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Microsoft reports first loss as public software company

LOS ANGELES (AP) - Microsoft posted its first quarterly loss in its 26 years as a public company on Thursday as it declared a struggling online ad business a bust and prepared for one of the biggest product updates in its history.

July 19, 2012 | | Nationwide


Yahoo CEO Mayer's pay deal worth more than $59M

SAN JOSE (AP) - Yahoo is giving its new chief executive Marissa Mayer a compensation package worth more than $59 million over the next several years.

July 19, 2012 | | 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


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Articles by Section - Nationwide


Burger King nixes lower-calorie ‘Satisfries’

NEW YORK (AP) - Burger King is getting rid of its lower-calorie french fries at most restaurants after less than a year.

August 13, 2014 | | Nationwide


Amazon debuts mobile payment app, card reader

NEW YORK (AP) - Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through their smartphones and tablets.

August 13, 2014 | | Nationwide


Apple bans use of 2 chemicals in iPhone

SAN FRANCISCO (AP) - Apple is banning the use of two potentially hazardous chemicals during the final assembly of iPhones and iPads as part of the company's latest commitment to protect the factory workers who build its trendy devices.

August 13, 2014 | | Nationwide


Cisco to lay off up to 6,000 workers

SAN JOSE (AP) - Cisco said Wednesday that it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring.

August 13, 2014 | | Nationwide


PBS’ antiques show finds $1M baseball trove

LOS ANGELES (AP) - The PBS series "Antiques Roadshow" says it hit a home run with a collection of 1870s Boston baseball memorabilia.

August 12, 2014 | | Nationwide


Asbestos sales flourish in Asia

VAISHALI, India (AP) - The executives mingled over tea and sugar cookies, and the chatter was upbeat. Their industry, they said at the conference in the Indian capital, saves lives and brings roofs, walls and pipes to some of the world's poorest people.

August 12, 2014 | | Nationwide


‘Advanced Warfare’ jumps Call of Duty predecessors

FOSTER CITY (AP) - It feels like a well-armed Christmas morning at Sledgehammer Games.

August 11, 2014 | | Nationwide


Postal Service loses $2 billion this past spring

WASHINGTON (AP) - The U.S. Postal Service lost $2 billion this spring despite increasing its volume and charging consumers more money to send mail, officials said Monday.

August 11, 2014 | | Nationwide


FDA OKs DNA-based test for colon cancer

WASHINGTON (AP) - The Food and Drug Administration on Monday approved the first screening test for colon cancer that uses patients' DNA to help spot potentially deadly tumors and growths.

August 11, 2014 | | Nationwide


Yelp CEO reviews own business

SAN FRANCISCO (AP) - After Yelp posted the first quarterly profit in its history last week, the online business review site got panned on Wall Street. The company's stock plummeted 11 percent the day after the results came out, wiping out its gains for the year.

August 06, 2014 | | Nationwide


Ways to create better, stronger passwords

NEW YORK (AP) - With the recent news that a Russian hacker ring has amassed some 1.2 billion username and password combinations, it's a good time to review ways to protect yourself online.

August 06, 2014 | | Nationwide


Spiked Sprint- T-Mobile deal may mean lower plan prices

NEW YORK (AP) - The collapse of Sprint's push to buy T-Mobile US could mean fresh options in wireless plans and lower prices for U.S. consumers. But in the long run, tougher competition on prices could lead to slower service and slower expansion of coverage.

August 06, 2014 | | Nationwide


Pandora cuts first-ever direct deal

LOS ANGELES (AP) - Internet radio leader Pandora has come to its first-ever direct licensing deal with artists, a wide-ranging agreement with independent label group Merlin that both said would mean higher payments to artists and more play for them on Pandora stations.

August 06, 2014 | | Nationwide


Wealth gap is slowing growth

WASHINGTON (AP) - Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession.

August 05, 2014 | | Nationwide


Obama seeks executive ways to limit ways to shrink taxes

WASHINGTON (AP) - Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent American companies from reincorporating overseas to shirk U.S. taxes, officials said Tuesday.

August 05, 2014 | | Nationwide


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