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Archive By Section - Nationwide


Penney has 1Q loss as new pricing repels shoppers

NEW YORK (AP) - Turns out, J.C. Penney shoppers don't prefer predictable pricing over blockbuster bargains - at least not yet.

May 15, 2012 | | Nationwide


Lack of trust in Facebook may hold back ad sales

NEW YORK (AP) - Facebook's reach is wide but not deep. Few users surveyed in an Associated Press-CNBC poll say they click on the site's ads or buy the virtual goods that make money for it.

May 15, 2012 | | Nationwide


Facebook IPO shares tough task for small investors

CHICAGO (AP) - Hoping to get in on Facebook's hotly anticipated public stock offering? You'll need Facebook friends at very high levels - or a lot of money.

May 14, 2012 | | Nationwide


USPS halts closure of 600 urban stations

DES MOINES, Iowa (AP) - The U.S. Postal Service said Monday its decision to halt the closing of more than 3,700 post offices includes roughly 600 urban and suburban postal branch offices and satellite stations.

May 14, 2012 | | Nationwide


West Coast spike in gas prices tied to shuttered oil refineries

PORTLAND, Ore. (AP) - Motorists across most of the country have been getting a break on the price of gas, but not on the West Coast.

May 14, 2012 | | Nationwide


Hyundai car probed after air bag cuts owner's ear

DETROIT (AP) - Federal safety regulators are investigating a complaint that a car owner's ear was cut in half when a side air bag inflated in a Hyundai Elantra.

May 14, 2012 | | Nationwide


Revolving door: Yahoo ushers out another CEO

SAN FRANCISCO (AP) - Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never received.

May 14, 2012 | | Nationwide


No sign of shareholder revolt against Chase CEO

NEW YORK (AP) - JPMorgan Chase CEO Jamie Dimon owned up to stock analysts and went on TV to accept blame for a $2 billion trading mistake. Next he faces shareholders, who are considerably less wealthy since the blunder was disclosed.

May 14, 2012 | | Nationwide


Gambling with Social Security

I find it rather curious that baby boomers, many of whom, in their youth, decried the accumulation of wealth and the materialism of their parents, are the first generation in history to regard Social Security not as the safety net it was intended to be but rather as a pot of gravy to pour over their already meaty investment portfolios.

May 11, 2012 | | Nationwide


Again? Wal-Mart's rep takes another beating

NEW YORK (AP) - In business, you're only as good as your last good deed.

May 11, 2012 | | Nationwide


FDA reviews first rapid, take-home test for HIV

WASHINGTON (AP) - The Food and Drug Administration is considering approval of the first over-the-counter HIV test that would allow consumers to quickly test themselves for the virus at home, without medical supervision.

May 11, 2012 | | Nationwide


FDA delays rules meant to ease sunscreen confusion

WASHINGTON (AP) - Sunscreen confusion won't be over before summer after all. The government is bowing to industry requests for more time to make clear how much protection their lotions really offer.

May 11, 2012 | | Nationwide


Court won't order Google-NSA interactions released

WASHINGTON (AP) - A federal appeals court has turned down a Freedom of Information Act request to disclose National Security Agency records about the 2010 cyberattack on Google users in China.

May 11, 2012 | | Nationwide


Facebook updates data use policy to give more info

MENLO PARK (AP) - Facebook is updating its data use policy in an attempt to give people more clarity on how the company uses information they share.

May 11, 2012 | | Nationwide


Yahoo CEO says he didn't mislead company

SAN FRANCISCO (AP) - Yahoo CEO Scott Thompson is assuring his colleagues that he didn't supply the incorrect information that led the troubled Internet company to list a bogus college degree in his official biography, according to a person familiar with the matter.

May 10, 2012 | | Nationwide


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Articles by Section - Nationwide


Blue Christmas for Amazon?

NEW YORK (AP) - It might be a blue Christmas for Amazon.

October 23, 2014 | | Nationwide


Union Pacific 3Q profit chugs ahead 19 percent

OMAHA, Neb. (AP) - Union Pacific Corp. delivered a 19 percent increase in its third-quarter profit as the railroad hauled 7 percent more freight and increased rates.

October 23, 2014 | | Nationwide


Cloud business lifts Microsoft’s quarterly results

SAN FRANCISCO (AP) - Microsoft's quarterly profit and revenue sailed past expectations Thursday, as CEO Satya Nadella's push to embrace cloud computing and diversify into mobile devices helped lift sales by 25 percent.

October 23, 2014 | | Nationwide


Enticing low rates, but impact on refinancing could be limited

WASHINGTON (AP) - With mortgage rates sliding for a fifth straight week, the possibility of locking in a rate below 4 percent is tempting for consumers and could unleash a wave of refinancing. It may even convince some Americans to buy their first home.

October 23, 2014 | | Nationwide


PulteGroup tops earnings outlook

ATLANTA (AP) - PulteGroup Inc. on Thursday reported third-quarter net income of $140.5 million.

October 23, 2014 | | Nationwide


NEWS FROM BUSINESS WORLD

• CAMEL MAKER REYNOLDS SNUFFS OUT WORKPLACE SMOKING: RICHMOND, Va. (AP) - Camel cigarette maker Reynolds American Inc. is snuffing out smoking in its offices and buildings.

October 22, 2014 | | Nationwide


Early Apple computer sells for $905K

NEW YORK (AP) - A vintage Apple computer that was one of only 50 made in Steve Jobs' garage in 1976 sold for $905,000 at auction on Wednesday, far exceeding pre-sale estimates and outdoing a previous high price of more than $671,000 paid in Germany last year.

October 22, 2014 | | Nationwide


Social Security benefits up an average of $20 a month during 2015

WASHINGTON (AP) - Come January, nearly 60 million Social Security recipients will get benefit increases averaging $20 a month, the third straight year of historically small pay hikes.

October 22, 2014 | | Nationwide


McDonald’s new menu plan: Have it your way

NEW YORK (AP) - After posting yet another disappointing quarter, McDonald's CEO Don Thompson said Tuesday the company hasn't been keeping up with the times and that changes are in store for its U.S. restaurants.

October 21, 2014 | | Nationwide


TWEAKER TOYS

NEW YORK (AP) - Toys R Us is pulling its four collectible dolls based on characters from AMC's hit series "Breaking Bad" after taking heat from a Florida mom who launched a petition campaign last week.

October 21, 2014 | | Nationwide


America says no to cappuccino potato chips

NEW YORK (AP) - America has rejected the idea of cappuccino-flavored Lay's potato chips.

October 20, 2014 | | Nationwide


Apple Pay Q&A

CUPERTINO (AP) - Apple's mobile payment system, Apple Pay, made its debut Monday. Now you can flash your new iPhone in the checkout line to pay for food, clothing and other goods. There's no need to pull out your credit card.

October 20, 2014 | | Nationwide


UPS increases some rates by 4.9%

ATLANTA (AP) - UPS says it is raising rates for a number of its shipping services by an average of 4.9 percent for 2015.

October 20, 2014 | | Nationwide


Record iPhone sales drive Apple’s 3Q beat

CUPERTINO (AP) - The iPhone again proved to be the engine behind Apple's blockbuster financial performance, driving quarterly results well past expectations.

October 20, 2014 | | Nationwide


Not so fast cordcutters: Cable’s far from dead

NEW YORK (AP) - Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. Customers tired of paying big fees for hundreds of channels they never watch just to have access to a few favorite shows might be expected to start cancelling cable service in droves. Get Netflix, throw in HBO, add a network here and there - why would anyone sign up now for cable?

October 20, 2014 | | Nationwide


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