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Archive By Section - Nationwide


Intel CEO to retire in surprise move

SANTA CLARA (AP) - Intel CEO Paul Otellini is retiring in May, giving the world's largest maker of microprocessors six months to find a new leader as it confronts two major challenges: a shaky economy and a shift toward mobile devices that is reducing demand for its PC chips.

November 19, 2012 | | Nationwide


Twinkies maker Hostess lives at least another day for private labor mediation

WHITE PLAINS, N.Y. (AP) - Twinkies will live to see another day.

November 19, 2012 | | Nationwide


5 banks have cut mortgage balances by $6.3B

LOS ANGELES (AP) - Five of the biggest U.S. banks have cut struggling homeowners' mortgage balances by $6.3 billion, part of a total $26.1 billion in home loan relief provided under a landmark settlement over foreclosure abuses.

November 19, 2012 | | Nationwide


Average credit card debt per borrower up

LOS ANGELES (AP) - Americans cranked up their use of credit cards in the third quarter, racking up more debt than a year ago, while also being less diligent about making payments on time, an analysis of consumer-credit data shows.

November 19, 2012 | | Nationwide


Ford to bring smaller engine in 2014 Fiesta

DEARBORN, Mich. (AP) - Ford is bringing its smallest engine to the U.S. in the race to meet stricter government fuel economy rules.

November 19, 2012 | | Nationwide


Twinkies likely to survive sale of Hostess

DETROIT (AP) - Twinkie lovers, relax.

November 18, 2012 | | Nationwide


J.C. Penney CEO tries to change the way Americans shop

NEW YORK (AP) - J.C. Penney CEO Ron Johnson seems unfazed that the department store chain's mounting losses and sales declines have led to growing criticism of his plan to change the way we shop. Perhaps that's because this isn't the first time during Johnson's 30-year career that he's attempted what seemed impossible.

November 18, 2012 | | Nationwide


State jobless rate dips to 10.1 percent

LOS ANGELES (AP) - California continued its economic recovery as the unemployment rate dipped to 10.1 percent in October, led by increases in private sector jobs such as construction, retail and well-paying professional work.

November 17, 2012 | | Nationwide


Twinkie maker Hostess reaches the end of the line

NEW YORK (AP) - Twinkies may not last forever after all.

November 16, 2012 | | Nationwide


SOCIAL SECURITY

Spousal Benefit Clarifications

November 16, 2012 | | Nationwide


Pension insurer runs record $34B deficit

WASHINGTON (AP) - The federal agency that insures pensions for more than 40 million Americans last year ran the widest deficit in its 38-year history.

November 16, 2012 | | Nationwide


Sex offender was festival volunteer at San Jose Catholic church school

SAN JOSE (AP) - A California registered sex offender convicted of molesting a relative was caught volunteering at a Catholic elementary school festival, but he was not arrested because he had a permission letter from a church official.

November 15, 2012 | | Nationwide


Oakland tries to avoid federal takeover of police department

OAKLAND (AP) - A federal judge has ordered city officials to negotiate with two lawyers who want the embattled Oakland Police Department to become the first in the nation to be taken over by the federal government.

November 15, 2012 | | Nationwide


BP agrees to pay $4.5B; 3 employees charged

NEW ORLEANS (AP) - A day of reckoning arrived for BP on Thursday as the oil giant agreed to plead guilty to a raft of charges in the deadly Gulf of Mexico spill and pay a record $4.5 billion, including the biggest criminal fine in U.S. history. Three BP employees were also charged, two of them with manslaughter.

November 15, 2012 | | Nationwide


Govt files charges in 'business opportunity' scams

WASHINGTON (AP) - The government has filed criminal and civil charges against several individuals and companies accused of ripping off unemployed and other vulnerable people with work-at-home and other business scams.

November 15, 2012 | | Nationwide


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Articles by Section - Nationwide


Credit card late payments down in 2Q

LOS ANGELES (AP) - Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit.

August 25, 2014 | | Nationwide


Housing recovery on track

WASHINGTON (AP) - A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.

August 21, 2014 | | Nationwide


Russia may close more McDonald’s

MOSCOW (AP) - Russia's food safety agency said Thursday that it was checking McDonald's restaurants around the country, a day after several branches of the chain were shuttered in Moscow.

August 21, 2014 | | Nationwide


Wealth gap widened in the last decade

NEW YORK (AP) - A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer.

August 21, 2014 | | Nationwide


Gap reports higher profit

SAN FRANCISCO (AP) - Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales.

August 21, 2014 | | Nationwide


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