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Business nation briefs

REPORT SAYS APPLE TO UNVEIL NEW IPAD IN MARCH: SAN FRANCISCO (AP) - A news report says Apple plans to unveil a new iPad early next month.

February 09, 2012 | | Nationwide


Diamond Foods names new CEO on audit results; stock plunges more than 43 percent

SAN FRANCISCO (AP) - Diamond Foods Inc. is replacing its CEO and chief financial officer after an internal investigation found that the company improperly accounted for payments to walnut growers and it needs to restate two years of financial results.

February 08, 2012 | | Nationwide


Cisco beats estimates with 2Q earnings, sales

SAN JOSE (AP) - Cisco, the world's largest maker of computer networking equipment, on Wednesday said that its net income jumped 44 percent in the latest quarter as it continues to put last year's slump behind it.

February 08, 2012 | | Nationwide


Lawsuit seeks to block Google's privacy changes

SAN FRANCISCO (AP) - A consumer watchdog group is suing the Federal Trade Commission in an attempt to prevent Google from making sweeping changes to its privacy policies next month.

February 08, 2012 | | Nationwide


Lawsuit seeks to block Google's privacy changes

SAN FRANCISCO (AP) - A consumer watchdog group is suing the Federal Trade Commission in an attempt to prevent Google from making sweeping changes to its privacy policies next month.

February 08, 2012 | | Nationwide


Business nation briefs

SPRINT POSTS DEEPER 4Q LOSS ON IPHONE COSTS: NEW YORK (AP) - Sprint dug deep into its pockets in the latest quarter to put iPhones in the hands of its customers. The perennially money-losing company on Wednesday posted its largest loss in three years.

February 08, 2012 | | Nationwide


Chairman, 3 others out in Yahoo shake-up

SAN FRANCISCO (AP) - Yahoo Chairman Roy Bostock and three longtime board members are stepping down, submitting to the demands of many frustrated shareholders who blame them for contributing to the follies that have dragged down the Internet company's revenue and stock price.

February 07, 2012 | | Nationwide


No cigar: Economic embargo on Cuba turns 50

HAVANA (AP) - When it started, American teenagers were doing "The Twist." The United States had yet to put a man into orbit around the Earth. And a first-class U.S. postage stamp cost 4 cents.

February 07, 2012 | | Nationwide


Looking for work? There may be an app for that coming soon for smart phones

SAN FRANCISCO (AP) - Looking for a promising career in a lousy economy? A new study suggests you're apt to find it in apps - the services and tools built to run on smartphones, computer tablets and Facebook's online social network.

February 07, 2012 | | Nationwide


Brown appointee for bank regulator an insider

SACRAMENTO (AP) - Gov. Jerry Brown's appointee to head the department that oversees banking, financial and consumer regulations in California led a trade association that fought against tighter lending restrictions before the subprime mortgage crisis exploded and was an executive with Washington Mutual when the now-failed bank was among the most aggressive marketers of loans to high-risk borrowers.

February 07, 2012 | | Nationwide


Yum Brands posts delicious 30 percent 4th-qtr profit rise

LOUISVILLE, Ky. (AP) - Yum Brands Inc., owner of the Pizza Hut, Taco Bell and KFC fast-food chains, said Monday that its fourth-quarter profit rose 30 percent with a recipe of strong overseas growth mixed with a sales turnaround at Pizza Hut in the U.S.

February 06, 2012 | | Nationwide


corporate profits aren't what they seem at $230 billion in 2011

NEW YORK (AP) - Is the great profit engine of corporate America running out of steam?

February 06, 2012 | | Nationwide


NJ eyes hand-held gambling\devices for use inside casinos

ATLANTIC CITY, N.J. (AP) - Gamblers at Atlantic City casinos may someday be able to place bets while standing in line for dinner, in a lounge, or beside a swimming pool.

February 06, 2012 | | Nationwide


Verizon to set up streaming service with Redbox & its DVD rental kiosks

NEW YORK (AP) - Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.

February 06, 2012 | | Nationwide


Large charitable donations on the rise

SEATTLE (AP) - Money donated by the nation's most chartable people is starting to catch up with pre-recession giving, thanks in part to some very large bequests from a few donors.

February 06, 2012 | | Nationwide


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Articles by Section - Nationwide


User growth not much to Tweet about

SAN FRANCISCO (AP) - Twitter's third-quarter revenue outpaced expectations, but investors concerned about user growth and holiday-quarter revenue clipped the company's stock price late Monday.

October 27, 2014 | | Nationwide


Dunkin’ rolls out ‘Croissant Donut’

NEW YORK (AP) - Dunkin' Donuts plans to roll out a croissant-doughnut hybrid in the U.S. next week, but the company says please don't call it a "Cronut."

October 27, 2014 | | Nationwide


Pending home sales rise modestly in September

WASHINGTON (AP) - The number of Americans signing contracts to buy homes ticked up only slightly in September, as it remained difficult to qualify for mortgage financing.

October 27, 2014 | | Nationwide


Toyota tops Consumer Reports rankings

DETROIT (AP) - Toyota continues its winning streak atop Consumer Reports' annual reliability rankings.

October 27, 2014 | | Nationwide


6 vehicles impounded in UberX sting

PHILADELPHIA (AP) - The city's parking authority lived up to its threats to impound vehicles and fine drivers participating in the UberX ride-sharing service.

October 27, 2014 | | 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


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