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Archive By Section - Nationwide


JPMorgan to pay $100M in credit card settlement

NEW YORK (AP) - JPMorgan Chase has agreed to pay $100 million to settle a lawsuit by customers who claim the nation's largest bank improperly increased minimum payments on their credit card bills.

July 24, 2012 | | Nationwide


Software maker VMware buys Nicira for $1.26B

PALO ALTO (AP) - Business software maker VMware is buying computer networking specialist Nicira for nearly $1.3 billion.

July 23, 2012 | | Nationwide


2nd triple-digit loss for Dow in 2 days

NEW YORK (AP) - Fear that Spain may need a bailout sent its borrowing costs soaring, the euro to a two-year low against the dollar and stocks around the world tumbling as investors pulled back Monday from all manner of risk.

July 23, 2012 | | Nationwide


McDonald's net income drops in second quarter

NEW YORK (AP) - Not even McDonald's Corp. has an iron stomach when it comes to the global economic downturn.

July 23, 2012 | | Nationwide


Peet's Coffee & Tea going private for $977.6 million

EMERYVILLE (AP) - Peet's Coffee & Tea is being taken private by a German conglomerate for approximately $977.6 million.

July 23, 2012 | | Nationwide


How Apple's phantom taxes helps hide billions in profit

CUPERTINO (AP) - On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won't reflect its true profit, because the company hides some of it with an unusual tax maneuver.

July 23, 2012 | | Nationwide


Cisco to lay off 1,300 employees in latest cutback

SAN JOSE (AP) - Cisco Systems is preparing to lay off about 1,300 workers just a few months after the world's largest maker of computer networking equipment warned that growing economic uncertainty is making it tougher to close sales with its customers.

July 23, 2012 | | Nationwide


Netflix's 2Q results riding on subscriber growth

SAN FRANCISCO (AP) - Netflix will provide an update on the growing popularity of its Internet video service and the death march of its DVD-by-mail rental service Tuesday when the company releases its second-quarter earnings.

July 23, 2012 | | Nationwide


Simple questions with not so simple answers

Q. I enjoy reading your column, but I must complain that sometimes you are too long winded in your answers. Why can't you answer a simple question with a simple answer?

July 20, 2012 | | Nationwide


US has fewest cattle in at least 4 decades

WICHITA, Kan. (AP) - A widespread drought that's forcing ranchers to sell off animals has helped shrink the nation's cattle herd to its smallest number in at least four decades.

July 20, 2012 | | Nationwide


DirecTV, Viacom fight to draw in channel punch-out

LOS ANGELES (AP) - Viacom and DirecTV fought a bruising bout over fees to a draw Friday and agreed to a long-term deal that ended a 10-day channel blackout.

July 20, 2012 | | Nationwide


Ford says plug-in van goes 20 miles on electricity

DETROIT (AP) - Ford says a plug-in electric version of its new C-Max small van will be able to go more than 20 miles on battery power alone, and have a range of 550 miles on a tank of gas.

July 20, 2012 | | Nationwide


Verizon's wireless glows as broadband growth hits wall

NEW YORK (AP) - Verizon Communications Inc., parent of the country's largest cellphone carrier, on Thursday said its net income rose 13 percent in the second quarter as its wireless arm pulled in record profits.

July 19, 2012 | | Nationwide


Google's earnings rise as clicks on ads soar

MOUNTAIN VIEW (AP) - Google is getting even better at showing online ads to the right people at the right time. That enabled the Internet search leader to hit analysts' earnings target for the second quarter and reassure investors about the company's moneymaking prowess.

July 19, 2012 | | Nationwide


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


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Articles by Section - Nationwide


What! Facebook’s down? No storm selfies during outage

MENLO PARK (AP) - No storm selfies, hookups, status updates. With Facebook and Instagram down for nearly an hour overnight, what were legions of users to do?

January 27, 2015 | | Nationwide


iPhone sales smash records

CUPERTINO (AP) - Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.

January 27, 2015 | | Nationwide


Yahoo spinning off Alibaba stake

SUNNYVALE (AP) - Yahoo CEO Marissa Mayer is spinning off the company's $39 billion stake in China's Alibaba Group Holding in a move that wards off a potential shareholder rebellion.

January 27, 2015 | | Nationwide


Parking garages fall to the wrecking ball

DES MOINES, Iowa (AP) - They were supposed to be saviors of downtown, drawing people by offering parking as plentiful as at any suburban shopping mall.

January 27, 2015 | | Nationwide


IBM denies report of mass layoffs

SAN FRANCISCO (AP) - Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.

January 26, 2015 | | Nationwide


Microsoft earnings report doesn’t excite

SAN FRANCISCO (AP) - Big jumps in sales of its Surface tablets, cloud computing software and Lumia smartphones drove Microsoft's quarterly revenue above expectations, as CEO Satya Nadella continues to steer toward the mobile gadget market and shift Microsoft away from its traditional focus on the PC.

January 26, 2015 | | Nationwide


Starbucks’ 1Q profits soar on strong traffic

NEW YORK (AP) - Starbucks Corp.'s fiscal first-quarter earnings soared 82 percent as the coffee chain attracted more customers around the globe who snapped up an expanded offering of food and drinks over the holidays.

January 22, 2015 | | Nationwide


Microsoft to show off more Windows 10 features today

REDMOND, Washington (AP) - Microsoft will use an event today to offer a wider glimpse of the next version of Windows.

January 20, 2015 | | Nationwide


Netflix adds 4.3M more subscribers

SAN FRANCISCO (AP) - Coming off its best quarter yet, Netflix is accelerating its international expansion in hopes its original programming will hook millions more subscribers on the Internet video service.

January 20, 2015 | | Nationwide


US settles case over fake Facebook page

WASHINGTON (AP) - The Justice Department has reached a $134,000 settlement with a New York woman after federal drug agents used information from her cellphone to set up a fake Facebook page in her identity, a tactic that raised privacy concerns and led to a federal government review of the ruse, according to court papers filed Tuesday.

January 20, 2015 | | Nationwide


Twitter buys ZipDial in bid for users in emerging markets

SAN FRANCISCO (AP) - Twitter said Tuesday that it plans to buy Indian mobile marketing company ZipDial as it tries to reach new users in developing regions.

January 20, 2015 | | Nationwide


Does Airbnb help or hurt affordable housing?

NEW YORK (AP) - They cater to travelers, but Airbnb and other short-term rental sites are sparking debate over an issue few tourists are likely to unpack: affordable housing.

January 20, 2015 | | Nationwide


Cheap oil means spending changes

WASHINGTON (AP) - Cheap oil doesn't only mean cheaper gas in the tank. It means that a car dealer in Illinois is shuffling the inventory of models he'll be selling, that more students in Wisconsin may get school-provided iPads, that some planned projects in a Southern California city will get delayed, and that some expected oilfield hiring in North Dakota and Texas may not happen.

January 19, 2015 | | Nationwide


BUSINESS NEWS

• AMAZON BRANCHING OUT FROM TV SERIES TO MOVIE PRODUCTION: SEATTLE (AP) - Amazon Studios is branching out from television series to movies, announcing plans to begin producing and acquiring original movies for theatrical release and, within weeks, video streaming.

January 19, 2015 | | Nationwide


Pumpkin seed: Future cash crop for Oregon?

ONTARIO, Ore. (AP) - Eastern Oregon and western Idaho already produce many of the nation's decorative pumpkins. Now an economic development official is exploring whether the area could support production of pumpkin seeds for healthy snack foods.

January 19, 2015 | | Nationwide


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