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Business Briefs

Feds still looking at Wal-Mart dispute

November 20, 2012 | | Nationwide

Sandy triggering rental car shortage

NEW YORK (AP) - Thanksgiving travelers who have yet to rent a car in the Northeast are out of luck: Superstorm Sandy has created a shortage.

November 20, 2012 | | Nationwide

OB/GYNs back over-the-counter birth control pills to make them easily available

WASHINGTON (AP) - No prescription or doctor's exam needed: The nation's largest group of obstetricians and gynecologists says birth control pills should be sold over the counter, like condoms.

November 20, 2012 | | Nationwide

Apple climbs; Topeka calls share sell-off 'insane'

CUPERTINO (AP) - Shares of Apple jumped over 7 percent Monday, with one analyst calling a two-month sell-off in shares of the most valuable company on earth "insanely insane."

November 19, 2012 | | 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


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

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