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Congress looks at doing away with the one dollar bill

WASHINGTON (AP) - American consumers have shown about as much appetite for the $1 coin as kids do their spinach. They may not know what's best for them either. Congressional auditors say doing away with dollar bills entirely and replacing them with dollar coins could save taxpayers some $4.4 billion over the next 30 years.

November 30, 2012 | | Nationwide


Sandy delivers heavy blow to US economy

WASHINGTON (AP) - Superstorm Sandy packed a bigger economic punch than most people had thought.

November 29, 2012 | | Nationwide


Ross Stores says sales improved in November

PLEASANTON (AP) - Ross Stores Inc. said Thursday that its revenue at stores open at least a year rose 2 percent in November, missing Wall Street expectations.

November 29, 2012 | | Nationwide


Stocks rise and fall with twists in budget talks

NEW YORK (AP) - Optimism that a budget deal will be reached in Washington sent stocks modestly higher Thursday. A pair of economic reports also brightened the mood.

November 29, 2012 | | Nationwide


Retailers report weak sales gains for November

NEW YORK (AP) - Black Friday was no match for Superstorm Sandy.

November 29, 2012 | | Nationwide


11 hot cars at the LA Auto Show

The Los Angeles Auto Show opens to the public Friday. Here are some of the most talked-about vehicles that will be making their world debuts at the event:

November 29, 2012 | By DEE-ANN DURBIN AP Auto Writers | Nationwide


Biz Buzz

• Drought threatens to close Mississippi to barges: ST. LOUIS (AP) - After months of drought, companies that ship grain and other goods down the Mississippi River are being haunted by a potential nightmare: If water levels fall too low, the nation's main inland waterway could become impassable to barges just as the harvest heads to market.

November 29, 2012 | | Nationwide


Fed survey: US economy growing at steady pace

WASHINGTON (AP) - A pickup in consumer spending and steady home sales helped lift economic growth from October through early November in most parts of the United States, according to a Federal Reserve survey released Wednesday. The one exception was the Northeast, which was slowed by Superstorm Sandy.

November 28, 2012 | | Nationwide


BP barred from new US gov't contracts, land leases

WASHINGTON (AP) - The Obama administration put a stop to new federal contracts with BP on Wednesday, admonishing the British oil company for a "lack of business integrity" and also disqualifying it indefinitely from winning new leases to drill on taxpayer-owned lands.

November 28, 2012 | | Nationwide


DeCinces indicted for insider trading

LOS ANGELES (AP) - Former Baltimore Orioles all-star Doug DeCinces and three others were indicted Wednesday on insider trading charges involving the use of information prior to the takeover of a medical device company in California, authorities said.

November 28, 2012 | | Nationwide


Strike idles busiest Port of Los Angeles pie

LOS ANGELES (AP) - Striking workers shut down the largest terminal at the Port of Los Angeles for a second day Wednesday, and the job action later widened to close three terminals at the Port of Long Beach, threatening to paralyze the nation's busiest port complex.

November 28, 2012 | | Nationwide


Microsoft: Windows 8 selling well despite PC slump

SAN FRANCISCO (AP) - Microsoft believes the latest version of its Windows operating system is off to a great start, but it's going to take more than that to prove the revamped software will win over enough people to revive the slumping personal computer market.

November 28, 2012 | | Nationwide


NY man suing Facebook wants his lawyer to stay

BUFFALO, N.Y. (AP) - A New York man claiming part ownership of Facebook indicated Tuesday that his lawyer wants off the case because he's received threats, but he opposed the lawyer's motion to withdraw.

November 28, 2012 | | Nationwide


ConAgra gobbles up store brands with Ralcorp deal

NEW YORK (AP) - ConAgra Foods is set to become the nation's biggest maker of store-brand foods, with a $5 billion purchase of Ralcorp that expands its stake in the growing market for cereals, crackers and other packaged foods sold under private labels.

November 27, 2012 | | Nationwide


Stocks slide on 'fiscal cliff' warning

NEW YORK (AP) - Stocks slumped on Wall Street Tuesday after Senate Majority Leader Harry Reid said he was frustrated by the lack of progress in talks over the U.S. budget impasse in Washington.

November 27, 2012 | | 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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