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Archive By Section - Nationwide


Facebook shares soar 30% on big 2Q

MENLO PARK - Facebook shares soared 30 percent Thursday after the social media giant pushed aggressively into mobile advertising and reported much-improved second-quarter revenue and profit.

July 25, 2013 | | Nationwide


Amazon.com posts loss, higher revenue

SAN FRANCISCO (AP) - Amazon.com Inc. on Thursday reported a surprise loss in the second quarter, as higher revenue was not enough to make up for rising operating expenses. The world's largest online retailer has been spending heavily on order fulfillment and digital content rights, which continue to weigh on profit margins.

July 25, 2013 | | Nationwide


‘War room' launches Netflix's series

LOS GATOS (AP) - Netflix's Internet video subscription service works around the clock, but it's unusual for more than two dozen of the company's engineers and top managers to be huddled in a conference room at 10:30 on a midsummer Wednesday evening.

July 25, 2013 | | Nationwide


Citymaps aims to make maps social

NEW YORK (AP) - Maps are where it's at. Just ask Google, which bought maps app Waze for nearly $1 billion, or Apple, which snapped up two small mapping startups earlier this month.

July 25, 2013 | | Nationwide


Google unveils Nexus 7, Internet TV device

SAN FRANCISCO (AP) - Google is betting consumers will pay slightly more for a sleeker, more powerful version of its Nexus 7 tablet as the Internet company escalates its rivalry with Apple and Amazon.com in technology's key battleground - the mobile computing market.

July 24, 2013 | | Nationwide


Coca-Cola, Pepsi Cola see soda declines continue

NEW YORK (AP) - It seems that not even Beyonce or new, lower-calorie options can convince Americans to drink more soda.

July 24, 2013 | | Nationwide


Perfect fit: Wonderbra maker buys Maidenform

NEW YORK (AP) - It's the perfect fit.

July 24, 2013 | | Nationwide


Facebook soars after results beat estimates

MENO PARK (AP) - Facebook's stock is flying high after the world's biggest social network posted higher revenue from mobile ads and delivered a healthy second-quarter profit that reversed a loss in the same period a year ago.

July 24, 2013 | | Nationwide


Dell's founder boosts offer to buy the company

NEW YORK (AP) - A group led by Dell's founder raised its offer for the struggling computer maker Wednesday in hopes of attracting more shareholder support for its plan to take the company private.

July 24, 2013 | | Nationwide


Apple's earnings sag, top Street estimates

CUPERTINO (AP) - Apple's sales of older, less expensive iPhones climbed in its latest quarter, highlighting the challenges facing the world's most valuable technology company as it tries to reverse a recent decline in its earnings and prove that it can still innovate.

July 23, 2013 | | Nationwide


AT&T revenue up, profit down as costs rise in 2Q

AT&T revenue up, profit down as costs rise in 2Q

July 23, 2013 | | Nationwide


Starbucks jumping into Greek yogurt craze

NEW YORK (AP) - Starbucks wants a taste of the Greek yogurt craze.

July 23, 2013 | | Nationwide


UP Railroad plans to restore massive steam engine

CHEYENNE, Wyo. (AP) - Union Pacific Railroad says it will try to restore one of the largest steam locomotives ever built to operating condition.

July 23, 2013 | | Nationwide


Cisco inks deal to buy Sourcefire for $2.37 billion

SAN JOSE . (AP) - Cisco said Tuesday that it reached a deal to buy computer network security company Sourcefire for about $2.37 billion in cash.

July 23, 2013 | | Nationwide


Is Apple losing its shine?

Is Apple losing its shine?

July 22, 2013 | | Nationwide


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Articles by Section - Nationwide


Kohl’s 4Q sales metric tops expectations

NEW YORK (AP) - Shares of Kohl's rose Wednesday after the department store operator said it was pleased with its fourth quarter sales and said its base business improved.

February 04, 2015 | | Nationwide


Tech firms hint at more restraint

SAN FRANCISCO (AP) - Technology's big-spending trio of Google, Facebook, and Amazon.com appear to be tightening their belts - at least a notch - in a concession to cost-conscious investors and a strong dollar that's taking a big bite out of their revenue.

February 02, 2015 | | Nationwide


Apple plans to sell as much as $6.5B in bonds

CUPERTINO (AP) - Apple is planning another large bond sale at a time when investors are paying near record premiums for high-quality bonds.

February 02, 2015 | | Nationwide


Viewership record for Super Bowl

NEW YORK (AP) - An estimated 114.4 million people watched New England's thrilling win over Seattle, making it the fifth time in six years that a Super Bowl game has set a record for the most-watched event in U.S. television history.

February 02, 2015 | | Nationwide


HP boss gets raise despite slump

PALO ALTO (AP) - Hewlett-Packard boss Meg Whitman has graduated from the dollar-a-year club, as the struggling company prepares to split up.

February 02, 2015 | | Nationwide


What does Apple do next?

CUPERTINO (AP) - Apple CEO Tim Cook says consumer demand for new iPhones has been "staggering" and "hard to comprehend." That helped the company report record-smashing earnings for its latest quarter and sent the stock climbing more than 7 percent on Wednesday.

January 28, 2015 | | Nationwide


Facebook beats profit expectations

MENLO PARK (AP) - For the seventh quarter in a row Facebook beat profit and revenue forecasts, continuing to win more mobile advertising revenue as most users shift to using the site on smartphones and other portable devices.

January 28, 2015 | | Nationwide


Frenzy forces Vegas White Castle to close

LAS VEGAS (AP) - A 24-hour White Castle location on the Las Vegas Strip that opened to long lines of the burger chain's fans had to close for more than two hours to restock after its grand opening.

January 28, 2015 | | Nationwide


What! Facebook’s down? No storm selfies during outage

MENLO PARK (AP) - No storm selfies, hookups, status updates. With Facebook and Instagram down for nearly an hour overnight, what were legions of users to do?

January 27, 2015 | | Nationwide


iPhone sales smash records

CUPERTINO (AP) - Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.

January 27, 2015 | | Nationwide


Yahoo spinning off Alibaba stake

SUNNYVALE (AP) - Yahoo CEO Marissa Mayer is spinning off the company's $39 billion stake in China's Alibaba Group Holding in a move that wards off a potential shareholder rebellion.

January 27, 2015 | | Nationwide


Parking garages fall to the wrecking ball

DES MOINES, Iowa (AP) - They were supposed to be saviors of downtown, drawing people by offering parking as plentiful as at any suburban shopping mall.

January 27, 2015 | | Nationwide


IBM denies report of mass layoffs

SAN FRANCISCO (AP) - Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.

January 26, 2015 | | Nationwide


Microsoft earnings report doesn’t excite

SAN FRANCISCO (AP) - Big jumps in sales of its Surface tablets, cloud computing software and Lumia smartphones drove Microsoft's quarterly revenue above expectations, as CEO Satya Nadella continues to steer toward the mobile gadget market and shift Microsoft away from its traditional focus on the PC.

January 26, 2015 | | Nationwide


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