Archive By Section - Nationwide
Safeway profit slips 6 percent on higher costs
PLEASANTON (AP) - Safeway Inc. said Thursday that its profit slipped 6 percent in the fourth quarter as it paid more to stock its shelves.
The cola wars escalate: Pepsi's mid-calorie soda with 60 calories aims to win back drinkers
NEW YORK (AP) - Pepsi is hoping to win back soda drinkers with a compromise.
Tough times for HP ahead; will investors wait?
PALO ALTO (AP) - Hewlett-Packard Co. plans to spend years turning itself around as it addresses internal problems and battles broader threats from smartphones and tablet computers.
Apple CEO hints company will part with some of its cash
CUPERTINO (AP) - Apple CEO Tim Cook says he believes the world's most valuable company has more money than it needs. His next challenge is to figure out whether Apple should break from the cash-hoarding ways of his predecessor, the late Steve Jobs, and dip into its $98 billion bank account to pay shareholders a dividend this year.
Calif. pledges better mobile privacy disclosures from use of various apps
SAN FRANCISCO (AP) - California is clamping down on nosy mobile applications, telling them they must give people advance warning if they want to keep pulling sensitive information from smartphones and computer tablets.
HP CEO pleads patience as earnings fall 44% during 1st Q
PALO ALTO (AP) - Hewlett-Packard Co. CEO Meg Whitman pleaded for patience Thursday as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world's largest technology companies.
Rising sales point to better year for housing
WASHINGTON (AP) - The housing market is flashing signs of health ahead of the spring-buying season.
Bankruptcy judge approves Solyndra bonuses
WILMINGTON, Del. (AP) - A Delaware bankruptcy judge on Wednesday approved close to $370,000 in bonuses for 20 employees of Solyndra LLC, a solar panel manufacturer that received a half-billion dollar loan from the federal government before declaring bankruptcy.
Netflix bolsters video library as new threat looms from Comcast’s efforts
LOS GATOS (AP) - Netflix's Internet video service is adding more marquee attractions as it braces for a new competitive threat from cable-TV provider Comcast Corp.
Feds investigate problems with side air bags
DETROIT (AP) - Federal safety regulators are investigating a problem with side air bags that may fail to inflate in a crash.
Grubb & Ellis files for Chapter 11 bankruptcy
LOS ANGELES (AP) - Grubb & Ellis Co. said Tuesday it has sought bankruptcy protection as part of a deal to sell most of its assets to the parent of rival commercial real estate services company Newmark Knight Frank.
Wal-Mart’s results show rebounding business
NEW YORK (AP) - Wal-Mart Stores Inc.'s business offers valuable insight into how Americans are reacting in the slow economic recovery: they will spend, but only if they believe they're getting the lowest prices.
For car buyers, it’s harder to end up with a lemon these days from Detroit, overseas
DETROIT (AP) - Car shoppers today are less likely to end up with a lemon.
Sony makes mobile gaming push with handheld Vita
NEW YORK (AP) - Sony is intensifying its push in handheld gaming with a gadget aimed at hardcore players looking for something with a bit more punch than "Angry Birds," ''Words With Friends" and other smartphone pastimes.
Business news briefs
• 1ST INFINITI JX ROLLS OFF TENN ASSEMBLY LINE: SMYRNA, Tenn. (AP) - The first Infiniti JX produced in Tennessee has rolled off the assembly line.
Articles by Section - Nationwide
Microsoft earnings for 4Q tops Street
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.
Apple post biggest earnings gain in nearly two years
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.
Five tips to protect yourself from ID theft
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 recycling smoked cigarette butts
NEW ORLEANS (AP) - In New Orleans, discarded butts are being turned into something useful.
Verizon launches rewards program with tracking
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.
Beef pollutes more than pork, poultry
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.
Microsoft : Design central to its future
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.
What happens to your online accounts when you die?
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?
Strong PayPal growth boosts eBay’s 2Q profit
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.
SoCal hearing addresses oil refinery rules
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 convention bookings up 49%
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.
Univ. of Phoenix faces government financial aid review
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.
Consumer bureau sues law firm
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.
Citigroup to pay $7B in mortgages probe
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.
1,153 Trump Plaza workers to lose jobs
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.
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