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Feds: Sting targeted online financial fraud

NEW YORK (AP) - Two dozen people on four continents, including alleged two hackers from New York, have been arrested in an elaborate sting targeting a black market for online financial fraud, federal officials said Tuesday.

June 26, 2012 | | Nationwide


Quest Software gets higher takeover bid of $2.32B

ALISO VIEJO (AP) - Quest Software Inc. said Monday that it received a higher buyout offer worth about $2.32 billion from an unnamed buyer, ramping up the battle for the technology services provider.

June 25, 2012 | | Nationwide


Microsoft buying Internet startup Yammer for $1.2B to add Facebook style sharing

SAN FRANCISCO (AP) - Microsoft is buying Internet startup Yammer for $1.2 billion in an attempt to bring Facebook-like sharing features to its widely used suite of business software applications.

June 25, 2012 | | Nationwide


T-Mobile to buy, swap spectrum with Verizon

NEW YORK (AP) - Verizon Wireless on Monday said that it has agreed to sell some wireless spectrum rights to T-Mobile USA and swap others, in a continuing quest to get regulators to approve a bigger spectrum deal it has worked out with a consortium of cable companies and another wireless carrier.

June 25, 2012 | | Nationwide


Facebook names 1st woman, Sandberg, to board

MENLO PARK (AP) - Facebook's No. 2 executive, Sheryl Sandberg, has become the first woman on the social-networking company's board of directors.

June 25, 2012 | | Nationwide


New-home sales rose at fastest pace in 2 years

WASHINGTON (AP) - Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery is continuing in the U.S. housing market, despite weaker job growth.

June 25, 2012 | | Nationwide


Hawaii’s island of Lanai depends on wealthy owner

HONOLULU (AP) - The 3,200 people living on a rural Hawaiian island that will soon be purchased by billionaire Oracle Corp. CEO Larry Ellison have a laundry list of what they'd like to see him provide.

June 25, 2012 | | Nationwide


Negotiators closing in on student loan interest deal

WASHINGTON (AP) - Congressional bargainers appeared to be closing in on a compromise that would head off a July 1 doubling of interest rates on federal loans to 7.4 million college students and end an election-year battle between President Barack Obama and Congress.

June 25, 2012 | | Nationwide


Study: E-book library borrowing takes slow pace

NEW YORK (AP) - E-book readers have been relatively slow to borrow digital works from the library, frustrated by a limited selection and by not even knowing whether their local branch offers e-releases, according to a new study.

June 25, 2012 | | Nationwide


Bank downgrades could hurt loans, credit cards

NEW YORK (AP) - When a major bank's credit rating is cut, it deals a psychological blow - to customers, the public and financial markets.

June 22, 2012 | | Nationwide


Best time to start benefits?

Q. My husband is 66 years old. I'm only 60. We are having an argument about Social Security. He insists on waiting until age 70 to get his full benefits plus the delayed retirement bonus. I say he should take Social Security now. If he doesn't, he'll be throwing away thousands of dollars. But he says he's run the numbers, and he comes out in the long run by waiting until 70 to take his Social Security. Which one of us is right?

June 22, 2012 | | Nationwide


First Tesla electric sedans hit the road

FREMONT (AP) - Electric car maker Tesla's first mass-market sedans took to the road Friday, but it's not certain whether their debut will make or break the fledgling company.

June 22, 2012 | | Nationwide


It costs $1.36 to charge an iPad for a year

CUPERTINO (AP) - That coffee you're drinking while gazing at your iPad? It cost more than all the electricity needed to run those games, emails, videos and news stories for a year.

June 21, 2012 | | Nationwide


Weak job market weighing on broader economy

WASHINGTON (AP) - The sluggish job market is weighing on the U.S. economy three years after the Great Recession ended. And the signs suggest hiring may not strengthen any time soon.

June 21, 2012 | | Nationwide


Moody's cuts credit ratings of 15 major banks

NEW YORK (AP) - Moody's Investors Service lowered the credit ratings of 15 major banks Thursday, including Bank of America, JPMorgan Chase and Goldman Sachs, saying their long-term prospects for profitability and growth are shrinking.

June 21, 2012 | | Nationwide


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Articles by Section - Nationwide


Social media users shy away from opinions

WASHINGTON (AP) - People who use Facebook and Twitter are less likely than others to share their opinions on hot-button issues, even when they are offline, according to a surprising new survey by the Pew Research Center.

August 26, 2014 | | Nationwide


UN health agency urges crackdown on e-cigarettes

GENEVA (AP) - Governments should have tougher rules for electronic cigarettes - banning their use indoors and putting them off limits for minors - until more evidence can be gathered about their risks, the U.N. health agency said Tuesday.

August 26, 2014 | | Nationwide


Consumer confidence near a 7-year high

WASHINGTON (AP) - U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains.

August 26, 2014 | | Nationwide


New rules could squeeze Malibu wine growers

LOS ANGELES (AP) - The Malibu region's growing wine industry, made up of some 50 commercial vineyards, could be squeezed by proposed regulations that would prohibit new grape growing in a large swath of the Santa Monica Mountains.

August 26, 2014 | | Nationwide


Legal questions arise for fantasy game biz

NEW YORK (AP) - Some of the newest incarnations of fantasy football look a lot more like gambling than intricate, outsmart-your-opponent strategy games.

August 25, 2014 | | Nationwide


Amazon buys Twitch for $970M

NEW YORK (AP) - Amazon is hoping to become the ESPN of video games.

August 25, 2014 | | Nationwide


TiVo to make version for those without cable

NEW YORK (AP) - Here's a sign more households are going without cable or satellite TV: TiVo Inc. is making a digital video recorder just for so-called cord-cutters.

August 25, 2014 | | Nationwide


Fairchild Semiconductor cutting 1,350 jobs

SAN JOSE (AP) - Chip supplier Fairchild Semiconductor is eliminating about 1,350 jobs in the U.S. and Asia - about 15 percent of its total workforce - to reduce costs.

August 25, 2014 | | Nationwide


Like airlines, hotels get fee-happy

NEW YORK (AP) - Forget bad weather, traffic jams and kids asking, "Are we there yet?" The real headache for many travelers is a quickly-growing list of hotel surcharges, even for items they never use.

August 25, 2014 | | Nationwide


Credit card late payments down in 2Q

LOS ANGELES (AP) - Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit.

August 25, 2014 | | Nationwide


Housing recovery on track

WASHINGTON (AP) - A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.

August 21, 2014 | | Nationwide


Russia may close more McDonald’s

MOSCOW (AP) - Russia's food safety agency said Thursday that it was checking McDonald's restaurants around the country, a day after several branches of the chain were shuttered in Moscow.

August 21, 2014 | | Nationwide


Wealth gap widened in the last decade

NEW YORK (AP) - A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer.

August 21, 2014 | | Nationwide


Gap reports higher profit

SAN FRANCISCO (AP) - Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales.

August 21, 2014 | | 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


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