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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


Wal-Mart and Target: A tale of 2 discounters for this holiday season

NEW YORK (AP) - This holiday season, the biggest discount chains in the U.S. will tell the tale of two very different shoppers: those that have and those that have not.

November 15, 2012 | | Nationwide


FDA probe: Were deaths linked to energy drink?

WASHINGTON (AP) - Federal health authorities are investigating reports of 13 deaths possibly linked to so-called energy shots and cautioning consumers to talk to their doctors before they take them or other energy drinks.

November 15, 2012 | | Nationwide


Automakers bet on pickup surge

DETROIT (AP) - Auto companies are betting on a surge in pickup sales now that home building is on the rise.

November 15, 2012 | | Nationwide


Facebook jumps on biggest lock-up expiration day

MENLO PARK (AP) - Facebook's stock is up more than 7 percent despite expectations that it would fall because more than 850 million additional shares in the company are being freed up for sale.

November 14, 2012 | | Nationwide


Sandy, careful consumers lower retail sales

WASHINGTON (AP) - Superstorm Sandy combined with cautious consumers to lower retail sales in October and raise concerns about weaker economic growth and a tepid holiday shopping season.

November 14, 2012 | | Nationwide


Lawyer sues Microsoft over Surface tablet storage; says its only ½ of what was promised

LOS ANGELES (AP) - A California lawyer is suing Microsoft Corp., claiming the Surface tablet he bought doesn't have all the storage space the company advertised.

November 14, 2012 | | Nationwide


Diamond Foods restates results, shares tumble

SAN FRANCISCO (AP) - Diamond Foods Inc. effectively wiped away $56.5 million in profit from its books Wednesday after it restated two full years of results.

November 14, 2012 | | Nationwide


Starbucks has a new caffeine addiction: tea

NEW YORK (AP) - Starbucks wants to make the tea shop as ubiquitous as its namesake cafes.

November 14, 2012 | | Nationwide


Zynga CFO Wehner deflects to Facebook

SAN FRANCISCO (AP) - Zynga's finance chief is leaving the troubled online game company to join Facebook.

November 13, 2012 | | Nationwide


Microsoft releases IE 10 browser for Windows 7

SAN FRANCISCO (AP) - The latest version of Microsoft's Web browser is now available to the vast audience connecting to the Internet on personal computers running on the Windows 7 operating system.

November 13, 2012 | | Nationwide


Stocks fall in uneven trading; Home Depot soars

NEW YORK (AP) - U.S. stocks closed lower after uneven trading Tuesday as fears about the "fiscal cliff" and Greece tipped major indexes between gains and losses. A surge in Home Depot's stock prevented a steeper drop for the Dow Jones industrial average.

November 13, 2012 | | Nationwide


Best Buy CEO outlines turnaround plans

NEW YORK (AP) - Best Buy's new CEO said Tuesday that its time for the struggling electronics chain to try to embrace one of its biggest problems, "showrooming" - when customers check out electronics at its stores and then buy them cheaper online.

November 13, 2012 | | Nationwide


Cisco first quarter earnings up 18% as American businesses buying again

SAN JOSE (AP) - Cisco Systems Inc., the world's largest maker of computer networking gear, said Tuesday that U.S. companies are starting to spend again, helping Cisco find more solid footing after some shaky months early this year.

November 13, 2012 | | Nationwide


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Articles by Section - Nationwide


Oil price slumps again as US crude inventories surge

NEW YORK (AP) - Oil prices plunged on Wednesday, ending a four-day rally, after the U.S. government reported that crude inventories surged last week.

February 04, 2015 | | 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


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