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Archive By Section - Nationwide


How a phony tweet and computer trades sank stocks by $134 billion

NEW YORK (AP) - For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble.

April 24, 2013 | | Nationwide


Microsoft to hold Xbox event on May 21 to showcase next console

REDMOND, Wash. (AP) - Microsoft is inviting journalists to an Xbox event at its Redmond., Wash., headquarters that will likely shed light on its next video game console.

April 24, 2013 | | Nationwide


Fed: Redesigned $100 bill will be ready by October

WASHINGTON (AP) - The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target.

April 24, 2013 | | Nationwide


Apple to dole out $100B to shareholders

CUPERTINO (AP) - Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. At the same time, the company said revenue for the current quarter could fall from the year before, which would be the first decline in many years.

April 23, 2013 | | Nationwide


US immigration bill could slow Indian outsourcers

MUMBAI, India (AP) - Low cost efficiency put India's outsourcing companies at the heart of global business and created a multibillion dollar industry that for years has skated over criticism it was eliminating white collar jobs in rich nations. Now, the industry's long-held fears of a backlash are being realized in its crucial U.S. market.

April 23, 2013 | | Nationwide


AT&T loses contract phone subscribers in 1Q

DALLAS (AP) - AT&T lost phone subscribers from its contract-based plans for the first time in the latest quarter, in a sign that growth in the industry is stalling now that most Americans have smartphones.

April 23, 2013 | | Nationwide


Judge OKs NYC plan for 'e-hailing' yellow taxi cabs

NEW YORK (AP) - The city can experiment with letting taxi seekers hail rides electronically, a judge said Tuesday in a ruling that could clear the way for riders to summon the city's signature yellow cabs with smartphone apps instead of raised arms.

April 23, 2013 | | Nationwide


Wells Fargo raises quarterly dividend to 30 cents

SAN FRANCISCO (AP) - Wells Fargo is raising its quarterly dividend to 30 cents, from 25 cents.

April 23, 2013 | | Nationwide


Home sales slip slip as supply remains tight

WASHINGTON (AP) - Sales of previously occupied U.S. homes dipped in March as the supply remained tight. But the sales pace remained ahead of last year's.

April 22, 2013 | | Nationwide


Netflix's subscriber gains catapult stock

SAN FRANCISCO (AP) - Netflix's move to compete against traditional cable-TV channels with original programming is pulling in more subscribers to its Internet video service and winning back investors who doubted the company's ability to cultivate distinctive entertainment.

April 22, 2013 | | Nationwide


Audit: Vegas taxis overcharged $15M to airport

LAS VEGAS (AP) - Clark County taxicab drivers taking tourists on the scenic route to and from the airport overcharged their passengers an estimated $14.8 million last year, according to a legislative audit released Monday.

April 22, 2013 | | Nationwide


Oak Valley Bank: Net income of $1.3 million for first quarter

OAKDALE − Oak Valley Bancorp - the bank holding company for Oak Valley Community Bank and Eastern Sierra Community Bank - recently reported consolidated net income of $1.3 million for the first quarter.

April 22, 2013 | | Nationwide


McDonald's fails to boost sales with Dollar Menu as sales slump

NEW YORK (AP) - McDonald's managed to eke out a higher profit for its first quarter even as the world's biggest hamburger chain failed to lift sales with its Dollar Menu.

April 19, 2013 | | Nationwide


Social Security is an entitlement

Q: It really gets my goat when I hear politicians refer to Social Security as an entitlement. I worked all my life and paid Social Security taxes all my life. How can they call that an entitlement?

April 19, 2013 | | Nationwide


Suitors back away from Dell bids amid PC slump

NEW YORK (AP) - Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell, and billionaire investor Carl Icahn is reportedly unlikely to follow through on his preliminary acquisition offer, as suitors digest studies showing a staggering decline in PC sales.

April 19, 2013 | | Nationwide


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Articles by Section - Nationwide


When corporations make mistakes

NEW YORK (AP) - It was a tempest in a coffee cup.

March 27, 2015 | | Nationwide


Diet sodas fall in US; Pepsi takes back No. 2 sales spot

NEW YORK (AP) - Americans bought less soda for the 10th straight year in 2014, with diet sodas shrinking more than their sugary counterparts, according to a report released Thursday.

March 26, 2015 | | Nationwide


Bankruptcy hearing could decide fate of RadioShack

WILMINGTON, Del. (AP) - A hearing on whether to approve the bankruptcy sale of assets of electronics retailer RadioShack opened Thursday with the company seeking court approval of the purported winning bid, and an attorney for a losing bidder describing the auction as a sham and asking a Delaware judge to reopen the sale process.

March 26, 2015 | | Nationwide


‘American Idol’-like talent competition

LOS ANGELES (AP) - For anyone who's ever dreamed of being on "American Idol" or "The Voice" as a performer or judge, a new app seeks to make their fantasy come true.

March 26, 2015 | | Nationwide


New Samsung, HTC phones out April 10

NEW YORK (AP) - New phones from Samsung and HTC will be available in U.S. stores starting April 10.

March 26, 2015 | | Nationwide


FACEBOOK’S MESSENGER

SAN FRANCISCO (AP) - Facebook's Messenger app is evolving into a multitasking tool equipped to send an animated fist bump to a friend at one moment and then get a little business done in the next.

March 25, 2015 | | Nationwide


House panel passes bill banning IRS from using private email

WASHINGTON (AP) - IRS workers would be prohibited from using private email to conduct official business under a bipartisan bill passed Wednesday by the House Ways and Means Committee.

March 25, 2015 | | Nationwide


Heinz buys Kraft to build food giant

NEW YORK (AP) - Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of the world's largest food and beverage companies.

March 25, 2015 | | Nationwide


2 Internet provides sue over neutrality

NEW YORK (AP) - The FCC says the first lawsuits filed against the government's new Internet traffic rules are "premature" and may be dismissed because they were filed too early.

March 25, 2015 | | Nationwide


SeaWorld counters disparaging documentary

ORLANDO, Fla. (AP) - SeaWorld Entertainment Inc. is mounting a public defense of its animal handling in a new advertising campaign that began Monday, after a highly critical 2013 documentary left the park with declining revenue and attendance.

March 24, 2015 | | Nationwide


Drillers scramble to thwart OPEC

NEW YORK (AP) - OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought the U.S. one of the biggest booms in the history of the global oil industry.

March 24, 2015 | | Nationwide


Uber says CFO Brent Callinicos leaving

SAN FRANCISCO (AP) - Ride-sharing company Uber said Monday that CFO Brent Callinicos is leaving the company to spend more time with his family.

March 16, 2015 | | Nationwide


McDonald’s workers detail job hazards

NEW YORK (AP) - McDonald's workers in 19 cities have filed complaints over burns from popping grease, a lack of protective equipment and other workplace hazards, according to labor organizers.

March 16, 2015 | | Nationwide


Does health go better with Coke? That’s new marketing strategy

NEW YORK (AP) - Coca-Cola is working with fitness and nutrition experts who suggest its soda as a treat at a time when the world's biggest beverage maker is being blamed for helping to fuel obesity rates.

March 16, 2015 | | Nationwide


Cablevision hopes to attract Internet customers with HBO Now

NEW YORK (AP) - Cablevision is offering the new HBO Now online service to its Internet customers, even though the service could persuade more people to drop their cable TV packages.

March 16, 2015 | | Nationwide


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