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COMMERCE CORNER

GM POSTS ITS HIGHEST PROFIT EVER: $7.6 BILLION: DETROIT (AP) - Just two years after it was rescued and reconstituted through bankruptcy and a government bailout, General Motors Co. cruised through 2011 to post the biggest profit in its history.

February 16, 2012 | | Nationwide


Lawmakers work out last details on payroll tax cut

WASHINGTON (AP) - Calling quits to a bruising election-year fight, negotiators on Capitol Hill worked into Wednesday night ironing out final details of an agreement to extend a cut in the payroll taxes paid by most Americans. The legislation also would renew jobless benefits for millions more.

February 15, 2012 | | Nationwide


SanDisk buys software manufacturer FlashSoft

MILPITAS (AP) - SanDisk Corp., which makes flash memory, on Wednesday said that it had acquired FlashSoft Corp., a venture-funded startup that makes software that helps speed up servers with flash memory.

February 15, 2012 | | Nationwide


GM plans to freeze salaried workers' pensions

DETROIT (AP) - General Motors Co. plans to freeze its U.S. pension plan for longtime white-collar workers and give all salaried employees annual bonuses but not pay raises in an effort to hold down expenses, officials announced Wednesday.

February 15, 2012 | | Nationwide


Facts about Pringles chips

Below is some trivia about Pringles chips, which Kellogg said it will buy from Procter & Gamble for $2.7 billion.

February 15, 2012 | | Nationwide


With Pringles, Kellogg looks to expand overseas by serving craving for snacks

NEW YORK (AP) - Kellogg is hoping Pringles will satisfy its craving for a salty snack.

February 15, 2012 | | Nationwide


Ali, Jenner, Retton appear on retro Wheaties boxes

LOS ANGELES (AP) - Muhammad Ali, Bruce Jenner and Mary Lou Retton are appearing on new Wheaties boxes featuring retro images of the Olympic champions.

February 15, 2012 | | Nationwide


New Vegas museum highlights mob bosses, tommy guns in bid to lure tourists

LAS VEGAS (AP) - In one room, a ghastly photo wall of bloody, uncensored images showcases the mob's greatest hits.

February 14, 2012 | | Nationwide


Yahoo's talks to sell Asian assets unravel

SAN FRANCISCO (AP) - As Yahoo tries to head in a new direction, the fate of the struggling Internet company's Asian holdings remains in limbo.

February 14, 2012 | | Nationwide


White House threatens veto of GOP's highway bill

WASHINGTON (AP) - After years of procrastination, the White House and Congress have suddenly boosted a long-term plan to improve the nation's roads, bridges and transit systems to the top of the political agenda.

February 14, 2012 | | Nationwide


Negotiators reach tentative payroll tax cut agreement

WASHINGTON (AP) - House-Senate talks on renewing a payroll tax cut that delivers about $20 a week to the average worker yielded a tentative agreement Tuesday, with lawmakers planning to unveil the pact Wednesday and sending the measure to President Barack Obama as early as this week.

February 14, 2012 | | Nationwide


January retail sales gain points to modest growth

WASHINGTON (AP) - Americans rebounded from a weak holiday season and stepped up spending on retail goods in January. The latest government report on retail sales pointed to a slowly improving economy.

February 14, 2012 | | Nationwide


Apple stock breaks $500 level with 1.9% jump continuing rally

NEW YORK (AP) - Apple's stock broke above $500 for the first time Monday. It was the latest step in a rally that began more than two weeks ago, when the company reported staggering sales and profits for the holiday quarter.

February 13, 2012 | | Nationwide


McDonald's asks suppliers to stop using hog crates for pregnant sows

DES MOINES, Iowa (AP) - McDonald's Corp. said Monday it will require its U.S. pork suppliers to provide plans by May to phase out crates that tightly confine pregnant sows, a move that one animal rights group predicted would have "a seismic impact" on the industry.

February 13, 2012 | | Nationwide


House GOP have backup on payroll tax

House GOP have backup on payroll tax

February 13, 2012 | | Nationwide


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Articles by Section - Nationwide


Fired Yahoo exec gets $58M

SUNNYVALE (AP) - Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.

April 16, 2014 | | Nationwide


Google’s 1Q earnings disappoint

MOUNTAIN VIEW (AP) - Google's first-quarter earnings growth faltered as the Internet's most influential company grappled with a persistent downturn in advertising prices while spending more money to hire employees and invest in daring ideas.

April 16, 2014 | | Nationwide


Home sales of $10 million rise in Conn.

NEW HAVEN, Conn. (AP) - Connecticut's Gold Coast is living up to its name, with a record $120 million sale of a waterfront estate in Greenwich leading an increase in sales of homes for more than $10 million.

April 16, 2014 | | Nationwide


IRS may use private tax collectors

WASHINGTON (AP) - A public employees union is fighting a bipartisan effort in Congress to force the Internal Revenue Service to hire private contractors to collect some delinquent taxes.

April 15, 2014 | | Nationwide


Coca-Cola sells more drinks but global soda sales fizzling

NEW YORK (AP) - Coca-Cola, the world's biggest beverage maker, said Tuesday that the amount of soda it sold globally fell for first time in 15 years.

April 15, 2014 | | Nationwide


Intel reports lower 1Q net income, higher revenue flow

SANTA CLARA (AP) - Intel's earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors and its data center services.

April 15, 2014 | | Nationwide


Yahoo’s 1Q highlighted by Alibaba, modest ad gains as earnings decline

SUNNYVALE (AP) - Yahoo is prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer.

April 15, 2014 | | Nationwide


New LA Register newspaper embraces print in digital world

LOS ANGELES (AP) - Aaron Kushner believes he can launch and grow a print newspaper in a world gone digital.

April 15, 2014 | | Nationwide


Twitter buys data analytics partner Gnip

SAN FRANCISCO (AP) - Twitter says it has bought its data partner Gnip, which provides analysis of the more than 500 million tweets its users share each day - to advertisers, academic institutions, politicians and other customers.

April 15, 2014 | | Nationwide


Southern California home prices climb

SAN DIEGO (AP) - Southern California's median home sale price hit $400,000 in March to set a fresh six-year high as tight supplies limited sales, a research firm said Tuesday.

April 15, 2014 | | Nationwide


Windows Phone advances with 8.1 software update

NEW YORK (AP) - Microsoft's new Windows system for smartphones addresses many of the shortcomings in previous versions.

April 15, 2014 | | Nationwide


Is hot market for IPOs cooling off?

NEW YORK (AP) - A hot market for initial public offerings may soon face a cooler reception from investors.

April 14, 2014 | | Nationwide


April 15 not much of a real deadline for most taxpayers

WASHINGTON (AP) - The calendar shows April 15, and you haven't even started on your federal tax return? Chances are, you don't need to fret.

April 14, 2014 | | Nationwide


Samsung phone durable, but iPhone has edge

NEW YORK (AP) - Samsung's new Galaxy S5 smartphone is more durable than last year's model and other leading Android phones, but the iPhone 5s outperformed all of them in part because of its smaller size, a new study finds.

April 14, 2014 | | Nationwide


End of Windows XP support spells trouble for 30% of world’s computers

NEW YORK (AP) - Microsoft will end support for the persistently popular Windows XP on Tuesday, and the move could put everything from the operations of heavy industry to the identities of everyday people in danger.

April 07, 2014 | | Nationwide


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