PHOENIX (AP) Apollo Group Inc. said Tuesday that its fiscal fourth-quarter net income tumbled 60 percent, hurt by higher costs and declining enrollment at the University of Phoenix. To cope, the for-profit education company plans to close 115 of the university's mostly smaller locations, a move that will affect 13,000 students.
SANTA CLARA (AP) - Intel Corp., the world's largest chipmaker, expects cold winds to blow this fall, as consumers shift their spending toward tablets and a weak global economy curbs corporate spending on computers.
Federal student loans are about to become a larger financial crisis than the mortgage disaster. With $1 trillion in student loans outstanding - and more being added every year - cutting the interest rates on federal student loans is a topic that both parties should agree upon immediately.
SAN JOSE (AP) - EBay's PayPal unit is planning layoffs in the coming weeks as it tries to refocus and operate more like an agile startup than a large company, according to people familiar with the matter.
No matter who is picked as president in the upcoming election, in today's column, I will tell you what he will do about Social Security reform. But before I get to that, I must once again go over the reason why reform is needed.
TRENTON, N.J. (AP) - New Jersey has petitioned the U.S. Supreme Court to hear a case that could help the government claim at least $15 million a year in unspent gift card revenue from retailers to help balance the state budget.
NEW YORK (AP) - Soda makers, restaurateurs and other businesses sued Friday to try to block the city's unprecedented move to restrict sales of super-sized, sugary drinks, an effort the city called a coup for public health but the businesses view as wrong-minded meddling.
SAN DIEGO (AP) - Southern California home prices posted a sixth straight annual increase in September as buying shifted to more expensive houses along the coast and the supply of heavily discounted foreclosed properties dwindled, a research firm reported Friday.
WILMINGTON, Del. (AP) - A hearing on whether to approve the bankruptcy sale of assets of electronics retailer RadioShack opened Thursday with the company seeking court approval of the purported winning bid, and an attorney for a losing bidder describing the auction as a sham and asking a Delaware judge to reopen the sale process.
NEW YORK (AP) - Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of the world's largest food and beverage companies.