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Archive By Section - Nationwide


Safeway's first quarter profits jump amid cost controls; stock price drops

PLEASANTON (AP) - Grocery chain Safeway Inc. reported a sharp jump in net income for the first quarter, helped in part by strong cost controls.

April 26, 2012 | | Nationwide


Samsung Electronics reports record profit

SEOUL, South Korea (AP) - Samsung Electronics Co., the world's largest consumer electronics firm by revenues, on Friday reported a record-high profit as strong smartphone sales helped mask a drop in semiconductor and TV profit.

April 26, 2012 | | Nationwide


Chrysler posts best quarterly profit in 13 years

DETROIT (AP) - Chrysler had its best quarterly profit in 13 years. Not bad for a company that almost died three years ago.

April 26, 2012 | | Nationwide


Senate votes to slow closing of post offices

WASHINGTON (AP) - The Senate offered a lifeline to the nearly bankrupt U.S. Postal Service on Wednesday, voting to give the struggling agency an $11 billion cash infusion while delaying controversial decisions on closing post offices and ending Saturday delivery.

April 25, 2012 | | Nationwide


Ancestry.com acquiring Archives.com for $100M

PROVO, Utah (AP) - Ancestry.com Inc. will acquire rival family history website Archives.com for about $100 million in cash and assumed liabilities, the companies announced Wednesday.

April 25, 2012 | | Nationwide


Apple's blowout quarter propels Nasdaq to big gain

NEW YORK (AP) - The Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The iPhone maker's stock climbed $50 after the company once again blew past Wall Street's profit forecasts.

April 25, 2012 | | Nationwide


House to vote Friday on student loans

WASHINGTON (AP) - In an escalating election-year clash, the House will vote Friday on a $5.9 billion Republican bill preventing interest rates on federal student loans from doubling this summer, paid for by cutting money from President Barack Obama's health care overhaul law.

April 25, 2012 | | Nationwide


Animal welfare activists get it their way at Burger King

NEW YORK (AP) - In a boost to animal welfare activists looking to get livestock out of cramped cages, Burger King will be the first major U.S. fast-food chain to give all of its chickens and pigs some room to roam.

April 25, 2012 | | Nationwide


Google launches storage service for personal files

SAN JOSE (AP) - Google is hoping to build the world's largest digital filing cabinet in the latest attempt to deepen people's dependence on its services.

April 24, 2012 | | Nationwide


New case of mad cow disease in California

WASHINGTON (AP) - The first new case of mad cow disease in the U.S. since 2006 has been discovered in a dairy cow in California, but health authorities said Tuesday the animal never was a threat to the nation's food supply.

April 24, 2012 | | Nationwide


Mad cow case found, but meat supply deemed safe

U.S. officials announced a case of mad cow disease in a dairy cow in California. It is only the fourth such case detected in the U.S. since the first case was identified in 2003.

April 24, 2012 | | Nationwide


Apple trumps expectations, sells 35M iPhones in 2Q

CUPERTINO (AP) - Apple Inc., the world's most valuable company, trumped skeptics once again by reporting blowout iPhone sales.

April 24, 2012 | | Nationwide


Monthly smartphone bills down at AT&T

NEW YORK (AP) - Hidden in AT&T Inc.'s financial statements is a story that runs counter to its optimistic profit projections: The company is generating less revenue from each new smartphone subscriber.

April 24, 2012 | | Nationwide


Apple's squeeze hits phone companies, other competitors

CUPERTINO (AP) - Apple is set to report another record quarterly profit on Tuesday, continuing the relentless string of results that's made it the world's most valuable company. Those profits don't come out of thin air: A range of businesses -from the company's wireless carrier friends to its PC-making foes- are seeing their profits melt away and flow to Apple's bottom line.

April 23, 2012 | | Nationwide


Facebook’s 1st quarter net income falls

MENLO PARK (AP) - Facebook's first-quarter net income fell 12 percent, weighed down by higher expenses even as its revenue soared, the social networking company said Monday, just a few weeks ahead of its expected initial public offering in May.

April 23, 2012 | | Nationwide


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Articles by Section - 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


Obama Treasury choice withdraws

WASHINGTON (AP) - A Wall Street banker nominated by President Barack Obama to be the third-ranking official at the Treasury Department has pulled out of contention for the post in the face of Democratic opposition, a blow to the White House and a victory for the party's liberal wing.

January 12, 2015 | | Nationwide


Social Security won’t seize tax refunds

WASHINGTON (AP) - People who owe old debts to the Social Security Administration are getting a reprieve this tax season: The federal government won't be seizing their tax refunds.

January 12, 2015 | | Nationwide


Got help paying for health care? Watch your mailbox

WASHINGTON (AP) - If you're among the millions of consumers who got financial help for health insurance last year under President Barack Obama's law, better keep an eye on your mailbox.

January 12, 2015 | | Nationwide


NY elected officials take aim at Uber surge pricing

NEW YORK (AP) - New York's turf war on wheels reached fever pitch Monday as City Council members grilled representatives of the app-based Uber service - a fierce competitor of the city's 13,000 yellow cabs hailed with a flailing hand.

January 12, 2015 | | Nationwide


GADGET SHOW

LAS VEGAS (AP) - One of the biggest changes in television this year will be more channels being available online with no separate cable or satellite subscription. But for would-be cord-cutters, watching live sports online has been elusive - until now. Dish Network Corp. on Monday unveiled an Internet-only subscription offering that includes ESPN.

January 05, 2015 | | Nationwide


Strong dollar makes world travel cheaper

DALLAS (AP) - If you've been putting off a trip abroad because it's too expensive, start packing your bags.

January 05, 2015 | | Nationwide


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