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Dell's $24.4B deal opposed by major stockholder

SAN FRANCISCO (AP) - Dell Inc.'s decision to sell itself for $24.4 billion to a group led by its founder and CEO is being ridiculed as a rotten deal by a major shareholder who estimates the slumping personal computer maker is really worth $42 billion.

February 08, 2013 | | Nationwide


McDonald's sales fall with tough year ahead

NEW YORK (AP) - McDonald's says a key sales figure dropped again in January as the world's biggest hamburger chain struggled to grow in the U.S. and saw a severe decline in Asia.

February 08, 2013 | | Nationwide


We just don’t want widows “living in sin!”

Q: I've been rereading some of your past articles online. You usually explain Social Security rules pretty well. But there is one situation I am having trouble with. A 62-year-old woman who is married to a slightly younger man wrote to ask if she could get benefits from her older ex-husband's Social Security record. You said no. You went on to explain that as long as she was married to husband number two, she can't get benefits from husband number one. But in another column, a 63-year-old woman who was getting widow's benefits asked if she ...

February 08, 2013 | | Nationwide


Lay's asking what chips you like

NEW YORK (AP) - The next Lay's potato chip will taste like chicken and waffles. Or cheesy garlic bread. Or Sriracha, a hot sauce often used in Thai dishes.

February 08, 2013 | | Nationwide


Bizz Buzz

S&P 500 hits 5-year high, extends rally

February 08, 2013 | | Nationwide


IRS cracking down on ID theft, tax fraud

MIAMI (AP) - With tax filing season heating up, an aggressive Internal Revenue Service crackdown is targeting the growing problem of criminals who use stolen identities to seek tens of thousands of dollars in fraudulent tax refunds.

February 07, 2013 | | Nationwide


Investor sues Apple, wants more cash

CUPERTINO (AP) - With its annual meeting looming and its stock on the decline, Apple is facing a rebellion from an influential investor who wants the company to stop stockpiling cash and give it to shareholders instead.

February 07, 2013 | | Nationwide


Yahoo taps into Google's ad network, expertise

SAN FRANCISCO (AP) - Yahoo is counting on rival Google to help accelerate its revenue growth.

February 06, 2013 | | Nationwide


Yelp reports narrower 4Q loss as revenue climbs to $41.2 million

SAN FRANCISCO (AP) - Online reviews site Yelp Inc. reported a narrower fourth-quarter loss on Wednesday as visitors to its website and apps grew from a year ago, before it had gone public.

February 06, 2013 | | Nationwide


CVS Caremark's 4Q profit rises 6%

NEW YORK (AP) - CVS Caremark's fourth-quarter earnings climbed 6 percent, as revenue from its established drugstores grew and new customers helped its pharmacy services segment.

February 06, 2013 | | Nationwide


Treasury resumes borrowing, repays pension fund

WASHINGTON (AP) - The Treasury Department said Wednesday that it has resumed borrowing now that Congress has approved a temporary measure that allows the government to take on billions of dollars in debt to fund its most basic operations.

February 06, 2013 | | Nationwide


Railroads expect to hire 11,000 this year

OMAHA, Neb. (AP) - America's major freight railroads expect to hire 11,000 people and invest $13 billion in their rail networks and equipment this year.

February 06, 2013 | | Nationwide


Visa's fiscal 1Q net income jumps 25%

LOS ANGELES (AP) - Shoppers hit stores for the holidays in the final months of 2012 and it seems many of them were armed with credit and debit cards using the Visa network.

February 06, 2013 | | Nationwide


Personal computer maker Dell to go private in $24.4B deal led by founder

SAN FRANCISCO (AP) - Slumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since the Great Recession dried up the financing for such risky maneuvers.

February 05, 2013 | | Nationwide


Shutterfly shares soar on 50% profit growth

REDWOOD CITY (AP) - Shutterfly Inc. on Tuesday reported a 50 percent jump in quarterly profit as more customers snapped up its photo prints, photo gifts and stationery during the holidays. The results blew past Wall Street estimates and the online photo service also forecast better-than-expected results for 2013.

February 05, 2013 | | Nationwide


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Articles by Section - Nationwide


BUSINESS NEWS

• ALIBABA OPENS DATA CENTER IN SILICON VALLEY: SAN JOSE (AP) - The cloud-computing unit of Chinese e-commerce powerhouse Alibaba is making its first foray into the U.S. by opening a data center in Silicon Valley.

March 04, 2015 | | Nationwide


Sony plans to launch gaming virtual-reality headset in 2016

SAN FRANCISCO (AP) - Sony plans on putting its virtual-reality headset on consumers' noggins next year.

March 04, 2015 | | Nationwide


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