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Business nation briefs

MOTOROLA SUFFERS 4Q LOSS AS GOOGLE SALE LOOMS: LIBERTYVILLE, Ill. (AP) - Motorola Mobility sank to a fourth-quarter loss while trying to close its proposed $12.5 billion sale to Google. The setback, announced Thursday, came amid fierce competition in the markets for smartphones and tablet computers.

January 26, 2012 | | Nationwide


Fed says full recovery could take 3 more years

WASHINGTON (AP) - The Federal Reserve signaled Wednesday that a full economic recovery could take nearly three more years, and it went further than ever to assure consumers and businesses that they will be able to borrow cheaply well into the future.

January 26, 2012 | | Nationwide


Netflix customers return stock soars

SAN FRANCISCO (AP) - Netflix has regained almost as many customers as it lost following an unpopular price increase, signaling that the video subscription service is healing from its self-inflicted wounds.

January 26, 2012 | | Nationwide


Apple briefly passes Exxon as most valuable firm

NEW YORK (AP) - Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

January 26, 2012 | | Nationwide


Fed says full recovery could take 3 more years

WASHINGTON (AP) - The Federal Reserve signaled Wednesday that a full economic recovery could take nearly three more years, and it went further than ever to assure consumers and businesses that they will be able to borrow cheaply well into the future.

January 25, 2012 | | Nationwide


Netflix customers return stock soars

SAN FRANCISCO (AP) - Netflix has regained almost as many customers as it lost following an unpopular price increase, signaling that the video subscription service is healing from its self-inflicted wounds.

January 25, 2012 | | Nationwide


Apple briefly passes Exxon as most valuable firm

NEW YORK (AP) - Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

January 25, 2012 | | Nationwide


Apple doubles iPhone sales in 1Q

CUPERTINO (AP) - The iPhone is taking over Apple.

January 24, 2012 | | Nationwide


Payroll tax negotiations open amid optimism

WASHINGTON (AP) - Negotiations to renew a payroll tax cut for 160 million workers and jobless benefits for millions more kicked off on Capitol Hill on Tuesday, with both sides optimistic of an agreement despite last year's bitter battles over President Barack Obama's jobs proposals.

January 24, 2012 | | Nationwide


Verizon posts $2B 4Q loss on pension plan; iPhone usage gamble

NEW YORK (AP) - Verizon paid dearly to put iPhones in the hands of subscribers in the latest quarter, holding back its profits in the hope that its customers will rack up higher monthly bills and stay loyal.

January 24, 2012 | | Nationwide




Study finds tablet, e-book ownership soared in 90 days

SAN FRANCISCO (AP) - Tablets and e-readers were a popular gift over the holidays, so much so that the number of people who own them nearly doubled between mid-December and January, a new study finds.

January 23, 2012 | | Nationwide


Starbucks adding brew that can get you a different kind of buzz

SEATTLE (AP) - Starbucks Corp., the company that proved there's no such thing as paying too much for a cup of coffee, is expanding its experiment with two other elixirs that Americans love, wine and beer.

January 23, 2012 | | Nationwide


Fed likely to hint of no rate increase in works before 2014

WASHINGTON (AP) - It could be quite a while yet before the Federal Reserve starts raising the interest rates it's kept at record lows for three years.

January 23, 2012 | | Nationwide


Business nation briefs

INTEL BUYS INFINIBAND UNIT FROM QLOGIC FOR $125M: SANTA CLARA (AP) - Intel Corp. on Monday said it had agreed to buy Qlogic Corp.'s line of Infiniband adapters, used to tie processors together into supercomputing clusters, for $125 million.

January 23, 2012 | | Nationwide


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Articles by Section - Nationwide


Procter & Gamble cancels NFL promotion

NEW YORK (AP) - Procter & Gamble is canceling an on-field breast cancer awareness promotion it had been planning with the National Football League, the latest sponsor to respond to the NFL's growing problems.

September 19, 2014 | | Nationwide


Yahoo may make up to $9.5 billion

SUNNYVALE (AP) - Yahoo is making amends for years of blundering with one smart move: an early investment in Alibaba Group that has turned into a multibillion-dollar boon.

September 19, 2014 | | Nationwide


Your (online) life after death

NEW YORK (AP) - Sure, you have a lot to do today - laundry, bills, dinner - but it's never too early to start planning for your digital afterlife, the fate of your numerous online accounts once you shed this mortal coil.

September 16, 2014 | | Nationwide


UPS expects to hire up to 95,000 workers

DALLAS (AP) - UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season - an increase from last year, when the company was caught unprepared for a boom in online shopping.

September 16, 2014 | | Nationwide


Wal-Mart levied fictional ‘sugar tax’ on soda

ALBANY, N.Y. (AP) - New York's attorney general has settled a false advertising investigation at Wal-Mart, saying some store personnel were citing a nonexistent "sugar tax" on soda.

September 16, 2014 | | Nationwide


Record 4M orders of iPhones

CUPERTINO (AP) - Apple had more than 4 million advance orders of its new, larger iPhones in the first 24 hours, exceeding its initial supply, the company said Monday.

September 15, 2014 | | Nationwide


Envelopes in hotels invite tips for maids

NEW YORK (AP) - Do you leave a tip in your hotel room for the maid? Marriott is launching a program with Maria Shriver to put envelopes in hotel rooms to encourage tipping.

September 15, 2014 | | Nationwide


Minecraft’ could boost mobile reach

NEW YORK (AP) - Microsoft's decision to spend $2.5 billion for the creator of the hit game "Minecraft" could help the Xbox maker grab attention on mobile phones, a new priority for the company.

September 15, 2014 | | Nationwide


Olive Garden defends breadstick policy

NEW YORK (AP) - Olive Garden is defending its practice of giving customers as many breadsticks as they want, saying the policy conveys "Italian generosity."

September 15, 2014 | | Nationwide


Olive Garden investor: Back off on breadsticks

NEW YORK (AP) - Maybe there is such a thing as too many breadsticks.

September 12, 2014 | | Nationwide


Prosecutors target credit card thieves overseas

WASHINGTON (AP) - Criminals from around the world buy and sell stolen credit card information with ease in today's digital age. But if they commit their crime entirely outside the United States, they may be beyond the reach of federal prosecutors.

September 12, 2014 | | Nationwide


Massive new construction tool ready for NASA welding

NEW ORLEANS (AP) - A massive structure described by NASA as the world's largest spacecraft welding tool has been completed at the Michoud (MEE'-shoo) Assembly Center in New Orleans, which was chosen in 2011 to build components of a major new rocket system.

September 12, 2014 | | Nationwide


Feds: Colon supplement makes bogus claims

WASHINGTON (AP) - The federal government says Bayer is making unsupported claims in advertisements for its dietary supplement designed to help with digestion, in violation of a federal court order.

September 12, 2014 | | Nationwide


Silicon Valley struggles to speak FDA’s language

SAN JOSE (AP) - From Apple's new smartwatch that tracks heartbeats to contact lenses that measure blood sugar - Silicon Valley is pouring billions into gadgets and apps designed to transform health care. But the tech giants that have famously disrupted so many industries are now facing their own unexpected disruption: regulation.

September 11, 2014 | | Nationwide


Shoppers may shrug off Home Depot hack

NEW YORK (AP) - Home Depot's data breach could wind up being among the largest ever for a retailer, but that may not matter to its millions of customers.

September 11, 2014 | | Nationwide


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