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Archive By Section - Nationwide


Oil prices rise on unexpected supply drop

NEW YORK (AP) - One day after the price of benchmark crude took the biggest one-day drop this year, it headed up again.

March 21, 2012 | | Nationwide


Safeway, Lucky stop buying "pink slime" meat products

PORTLAND, Ore. (AP) - At least three national supermarket operators have decided to stop buying ground beef that contains the filler now known as "pink slime."

March 21, 2012 | | Nationwide


COMMERCE CORNER

DIAMOND FOODS SUSPENDS DIVIDENDS: SAN FRANCISCO (AP) - Diamond Foods Inc. is suspending its dividend payments to stockholders under a new credit agreement.

March 21, 2012 | | Nationwide


Builders betting on brighter US housing market

WASHINGTON (AP) - U.S. builders are betting that the housing market is finally on the path back to health.

March 20, 2012 | | Nationwide


Employers ask job seekers for Facebook passwords

SEATTLE (AP) - When Justin Bassett interviewed for a new job, he expected the usual questions about experience and references. So he was astonished when the interviewer asked for something else: his Facebook username and password.

March 20, 2012 | | Nationwide


Oracle bounces back in 3Q on new software sales

REDWOOD CITY (AP) - Sales of new software licenses at Oracle accelerated in the latest quarter, easing concerns about customers defecting to less expensive alternatives on the Internet.

March 20, 2012 | | Nationwide


Reports: HP to combine printer, PC divisions

SANTA CLARA (AP) - Hewlett-Packard Co. is combining its printing and PC units to save money, according to published reports.

March 20, 2012 | | Nationwide


Apple to pay dividend, start stock buybacks as value per share closes at more than $600

CUPERTINO (AP) - Apple is finally acknowledging that it has more money than it needs. But don't expect it to cut prices on iPhones and iPads. Instead, the company said on Monday that it will reward its shareholders with a dividend and a stock buyback program.

March 19, 2012 | | Nationwide


Verizon CEO 's pay rose in 2011, despite retiring

NEW YORK (AP) - Despite retiring as CEO of Verizon Communications Inc. in August, Ivan Seidenberg earned more in 2011 than he did in the last two full years of work.

March 19, 2012 | | Nationwide


Adobe Systems posts lower 1Q net income

SAN JOSE, Calif. (AP) - Adobe Systems Inc. said Monday that its fiscal first-quarter net income fell 21 percent, weighed by higher operating costs even as revenue climbed.

March 19, 2012 | | Nationwide


Airline passengers may get a break on electronics

WASHINGTON (AP) - The government is taking a tentative step toward making it easier for airlines to allow passengers to use personal electronic devices such as tablets, e-readers and music players during takeoffs and landings.

March 19, 2012 | | Nationwide


Business nation briefs

CEO DISCOVERS THE RICHER SIDE OF SEARS: NEW YORK (AP) - Sears Holdings Corp. paid its chief executive $9.9 million last year, including incentives the ailing department store operator offered to lure the former technology executive, according to an Associated Press analysis of a regulatory filing.

March 19, 2012 | | Nationwide


Agency checkup nothing to fear

Q: I am a certified public accountant. One of my clients, who signed up for his Social Security about a year ago, just got a letter from Social Security's "Office of Quality Assurance." The people there want to redo his claim for benefits. And they are asking him to bring in his military discharge papers (he was in the Army 40 years ago), his W-2 records for the past 10 years and other documents. What's going on? He's very worried about this.

March 16, 2012 | | Nationwide


Higher gas prices threaten economy if they persist

WASHINGTON (AP) - Inflation remains tame throughout the U.S. economy, with one big exception: gas prices.

March 16, 2012 | | Nationwide


Fans, entrepreneurs among 1st buyers of new iPad

MADISON, Wis. (AP) - Apple's latest iPad drew the customary lines of die-hard fans looking to be first and entrepreneurs looking to make a quick profit.

March 16, 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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