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Group of CEOs urges tax hikes, spending cuts

WASHINGTON (AP) - CEOs from more than 80 major U.S. companies are pressing Congress to reduce the federal deficit by raising taxes and cutting spending. The deficit and how to tame it has become a key theme in the presidential campaign.

October 25, 2012 | | Nationwide


Facebook shares post biggest single-day gain

MENLO PARK (AP) - Facebook's stock gained the most in a single day Wednesday since it began trading in May, a sign that the social media company's complicated relationship with Wall Street may be getting brighter.

October 24, 2012 | | Nationwide


Zynga posts 3Q loss, shares jump after-hours

SAM FRANCISCO (AP) - Battered shares of Zynga Inc. soared in after-hours trading Wednesday after the social gaming company posted stronger-than-expected revenue for the third quarter and said it will enter the gambling business.

October 24, 2012 | | Nationwide


Windows 8: Make-or-break moment for Microsoft CEO

SAN FRANCISCO (AP) - Microsoft CEO Steve Ballmer can't afford to be wrong about Windows 8.

October 24, 2012 | | Nationwide


ABC News wants 'pink slime' lawsuit in fed court

NORTH SIOUX CITY, S.D. (AP) - Lawyers for ABC News are asking to have a defamation lawsuit against the company filed by a South Dakota beef processing plant transferred from circuit court to federal court.

October 24, 2012 | | Nationwide


Fed cites moderate growth, takes no new action

Fed cites moderate growth, takes no new action

October 24, 2012 | | Nationwide


Apple's iPad Mini much pricier than rivals

SAN JOSE (AP) - Apple Inc.'s pencil-thin, smaller iPad will cost much more than its competitors, signaling that the company isn't going to get into a mini-tablet price war.

October 23, 2012 | | Nationwide


Facebook 3Q results show mobile ad growth to help send stock up 13 percent

MENLO PARK (AP) - Facebook finally has proof that it can make money from mobile advertising.

October 23, 2012 | | Nationwide


Disabled patients to benefit from coming Medicare change

WASHINGTON (AP) - Thousands of Medicare patients with severe chronic illnesses such as Alzheimer's would get continuing access to rehab and other services under a change agreed to by the Obama administration, advocates said Tuesday.

October 23, 2012 | | Nationwide


Hewlett-Packard wins $180M laptop contract

BOISE, Idaho (AP) - State officials on Tuesday awarded an eight-year, $180 million contract to Hewlett-Packard Co. to provide Idaho high school students and teachers with laptop computers as part of the Students Come First education overhaul.

October 23, 2012 | | Nationwide


DuPont, Xerox, 3M results scare investors

NEW YORK (AP) - Nobody was expecting this round of corporate financial reports to be great. But underwhelming results - particularly revenue, which offers a read on the economy - are still rattling investors.

October 23, 2012 | | Nationwide


Zynga to cut 5 percent of its staff

SAN FRANCISCO (AP) - Online game company Zynga Inc. is eliminating games, studios and jobs in a bid to cut costs.

October 23, 2012 | | Nationwide


United States may soon become world's top oil producing nation

NEW YORK (AP) - U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.

October 23, 2012 | | Nationwide


Business Briefs

BARNES & NOBLE SAYS PIN PADS IN 63 STORES HACKED: NEW YORK (AP) - Barnes & Noble Inc. says devices customers use to swipe credit and debit cards have been tampered with in 63 of its stores in nine states.

October 23, 2012 | | Nationwide


FedEx sees online shoppers powering holiday record

NEW YORK (AP) - FedEx expects to ship a record number of packages during the holidays, thanks to shoppers' growing fondness for buying online.

October 22, 2012 | | Nationwide


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