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Archive By Section - Nationwide


Fed links interest rates to 6.5% unemployment

WASHINGTON (AP) - The Federal Reserve said Wednesday that it plans to keep interest rates ultra-low even after unemployment falls close to a normal level - which it thinks could take three more years.

December 12, 2012 | | Nationwide


Business Briefs

NYC MAYOR HITS BRAKES ON PEDICAB RATES DECISION: NEW YORK (AP) - Mayor Michael Bloomberg hit the brakes Wednesday on a proposal to keep tourist-toting pedicabs from charging confusing, sometimes exorbitant rates.

December 12, 2012 | | Nationwide


FAST FACTS

COMING SOON: Changes to Facebook's privacy controls, to make them easier to find and understand.

December 12, 2012 | | Nationwide


Bernanke says fiscal cliff already hurting economy

WASHINGTON (AP) - The U.S. economy is already being hurt by the "fiscal cliff" standoff in Washington, Federal Reserve Chairman Ben Bernanke said Wednesday. But Bernanke said the Fed believes the crisis will be resolved without significant long-term damage.

December 12, 2012 | | Nationwide


Three US airlines adding Internet on overseas flights

NEW YORK (AP) - Airline passengers can already get online 30,000 feet over Oklahoma. Soon U.S. airlines will offer Internet connections over the ocean, too.

December 12, 2012 | | Nationwide


Top chefs join call for gender-neutral Easy-Bake

PROVIDENCE, R.I. (AP) - Some well-known male chefs are getting behind a New Jersey girl's call for Hasbro to make a gender-neutral Easy-Bake Oven.

December 11, 2012 | | Nationwide


Microsoft increases Surface tablet production

NEW YORK (AP) - Microsoft says it's increasing production of its Surface tablets and will sell them in more stores. Staples says it will start carrying them starting Wednesday.

December 11, 2012 | | Nationwide


Exxon: Energy revival has staying power; expects USA to lead world in production

NEW YORK (AP) - Exxon says the energy renaissance in the U.S. will continue and predicts that North America will become a net exporter of oil and natural gas by the middle of the next decade.

December 11, 2012 | | Nationwide


Lawsuit claims A&E's 'Storage Wars' show is rigged

LOS ANGELES (AP) - Some of the valuables found hidden in abandoned lockers on A&E's "Storage Wars" have been added by producers to deceive viewers, a former cast member of the show claims in a lawsuit filed Tuesday.

December 11, 2012 | | Nationwide


Yahoo revamps email to catch up with Gmail

SUNNYVALE (AP) - Yahoo is spiffing up and expanding its email service in an attempt to regain some of the ground lost to a Google alternative that lured away millions of users.

December 11, 2012 | | Nationwide


As 'fiscal cliff' looms, voter angst is palpable

HOOKSETT, N.H. (AP) - Five hundred miles from Washington, the lunch crowd at Robie's Country Store and Deli is filled with angst over America's elected leaders and their latest struggle to prevent a fiscal crisis.

December 11, 2012 | | Nationwide


Wash. sues Fla. firm over text message spam

SEATTLE (AP) - Washington state Attorney General Rob McKenna's office filed has filed a lawsuit targeting a Florida-based company accused of sending people unsolicited text messages, calling it another form of spam that annoys people and costs them money.

December 10, 2012 | | Nationwide


Business Briefs

NEW DIRECTV CUSTOMERS TO PAY $3 A MONTH FOR SPORTS: LOS ANGELES (AP) - DirecTV has started charging new customers $3 more per month if they want a package that includes multiple regional sports networks.

December 10, 2012 | | Nationwide


Treasury announces final AIG stock sale

WASHINGTON (AP) - The U.S. government said Monday that it is selling its remaining shares of American International Group stock, moving to close the books on the government's biggest bailout during the 2008 financial crisis.

December 10, 2012 | | Nationwide


AP source: HSBC to pay $1.9B to settle probe

WASHINGTON (AP) - HSBC, the British banking giant, will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States, a law enforcement official said Monday.

December 10, 2012 | | Nationwide


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Articles by Section - Nationwide


FDA: little evidence to drop Chantix boxed suicide warning

WASHINGTON (AP) - Federal regulators say Pfizer has provided low-quality evidence to support its request to remove a bold-letter warning from its anti-smoking drug Chantix about suicidal behavior.

October 14, 2014 | | Nationwide


Yelp battles extortion claims

SAN FRANCISCO (AP) - First the chefs of a small Italian restaurant got mad at online review site Yelp. Instead of trying to get better reviews, they decided to take a different approach: get terrible ones.

October 13, 2014 | | Nationwide


Banks harvest callers’ voiceprints from recordings to fight fraud

LONDON (AP) - "This call may be monitored."

October 13, 2014 | | Nationwide


Aaron’s rent-to-own to pay $28 million

LOS ANGELES (AP) - The nation's second-largest chain of rent-to-own furniture and appliance stores has agreed to pay $28.4 million to settle a case in which it allegedly violated California's consumer protection and privacy laws, attorney general Kamala Harris announced Monday.

October 13, 2014 | | Nationwide


Houston Astros improvement costs mogul

HOUSTON (AP) - The Houston Astros' improvement this year from baseball's worst team cost a Houston furniture mogul Jim McIngvale more than $4 million to make good on a promise to fans.

October 13, 2014 | | Nationwide


McDonald’s invites icky questions about its food to counter erroneous perceptions

NEW YORK (AP) - McDonald's wants to explain why its burgers may not rot and that there are no worms in its beef.

October 13, 2014 | | Nationwide


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