SAN FRANCISCO (AP) - Wells Fargo's profit jumped 13 percent in the first three months of the year, thanks to strong mortgage lending and a drop in delinquent loans, the bank said Friday.
Well, dear readers: do you want the good news ... or the bad news? Let me get the bad news out of the way first. I've been working on a new fact sheet for my readers (that's actually the good news - but more about that in a minute); and as part of my research, I've discovered that I haven't been completely clear in some past columns when explaining the coordination between taking reduced benefits on your own Social Security record and any possible benefits you might be due on your spouse's Social Security record.
NEW YORK (AP) - Earnings reports from two major banks Friday painted a picture of a healing housing market, with more Americans taking out mortgages, paying them on time and taking advantage of low interest rates to refinance.
DETROIT (AP) - Americans are buying record numbers of hybrid and electric cars as gas prices climb and new models arrive in showrooms, giving the vehicles their greatest share yet of the U.S. auto market.
LOS ANGELES (AP) - U.S. retail sales of video game hardware, software and accessories fell 25 percent in March from a year earlier to $1.1 billion. It marked the fourth month of decline as Sony Corp.'s new PS Vita handheld failed to spark a turnaround.
MOUNTAIN VIEW (AP) - Google improved its short-term finances even as it seeks to preserve its long-term interests.
Recovery threatened by runaway student loan debt
SACRAMENTO – Counterfeiters, smugglers and other illegal operators in the Underground Economy are depriving California of an estimated $8 billion in state taxes that could be spent on schools, public safety, hospitals and other essential services.
SANTA CLARA (AP) - Hewlett-Packard Co. is showing signs of recovery as it strengthened its position as the world's largest maker of personal computers and gained back some of the business it had lost while weighing whether to dump its PC division.
WASHINGTON (AP) - The Obama administration's consumer financial watchdog agency is backing off a plan to limit big upfront fees on credit cards, a move that could hit borrowers with poor credit histories especially hard.
NEW YORK (AP) - Google is tweaking its social network, Google Plus, to make it easier to use and to distinguish it from rival Facebook.
ROSEMEAD (AP) - Wal-Mart Stores Inc. previewed its "Disc to Digital" service for converting DVDs into an online library on Wednesday. Based on my experience, I'd give it a six out of 10.
NEW YORK (AP) - Samsung Electronics Co., Apple's biggest competitor in the market for iPad-sized tablet computers, is updating its line to include a feature that lets a tablet act as a universal remote control for an entertainment center.
WASHINGTON (AP) - The government says avid best-seller readers who use electronic books have been getting ripped off. Tina Fey's "Bossy Pants," Tim Tebow's "Through My Eyes" and Keith Richards' "'Life" - maybe they should have cost less.
NEW YORK (AP) - The price of natural gas has dropped below $2 for the first time in more than a decade.
REDMOND, Wash. (AP) - Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units - Nokia phones and Bing search - would become profitable in 2016.
CUPERTINO (AP) - Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.
NEW YORK (AP) - It's an almost weekly occurrence: On Tuesday, Goodwill said its computer systems may have been hacked, leading to the possible theft of customers' credit and debit card information. The nonprofit agency, which operates 2,900 stores in the U.S., said it is working with federal investigators to look into a possible breach.
NEW ORLEANS (AP) - In New Orleans, discarded butts are being turned into something useful.
NEW YORK (AP) - Verizon Wireless is launching a nationwide loyalty program this week for its 100-million-plus subscribers. There's a twist, though: To earn points for every dollar spent, subscribers must consent to have their movements tracked so the company can help target ads that match their interests.
WASHINGTON (AP) - Raising beef for the American dinner table does far more damage to the environment than producing pork, poultry, eggs or dairy, a new study says.
REDMOND, Wash. (AP) - Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food - or "food concepts," he says, for people on the go. Among them: dried noodles that come wrapped around a pair of chopsticks; a tubular meal that can be pulled with two fingers from a car cup holder base; and a fork that squeezes out sauce.
WASHINGTON (AP) - You've probably decided who gets the house or that family heirloom up in the attic when you die. But what about your email account and all those photos stored online?
SAN JOSE (AP) - EBay said Wednesday that its second-quarter net income rose 6 percent, as strong growth from its PayPal payments business offset lower-than-expected revenue that was hampered by a global password reset after a cyberattack.
LOS ANGELES (AP) - Residents of modest neighborhoods near three of the largest oil refineries in California called on the Environmental Protection Agency on Wednesday to crack down on plant emissions, saying the pollution is choking their children and endangering their health.
RENO, Nev. (AP) - Northern Nevada tourism officials say they've seen a significant spike in convention bookings, but continue to struggle with a drop in government business because of a misconception that casino resorts cost more than other hotels.
NEW YORK (AP) - Apollo Education Group said the U.S. Department of Education will review the administration of federal student financial aid programs by its University of Phoenix subsidiary.
WASHINGTON (AP) - The Consumer Financial Protection Bureau sued a major debt collection law firm on Monday, alleging it is a "mill" that produces shoddy, mass-produced credit-card collection lawsuits.
WASHINGTON (AP) - Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades, the Justice Department said Monday.
ATLANTIC CITY, N.J. (AP) - Job losses at Trump Plaza when the Atlantic City casino shuts down in September will be even worse than expected.