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Business Briefs

OLIVE GARDEN OWNER SHIFTS COURSE TO FOCUS ON DEALS: NEW YORK (AP) - After new ad campaigns touting the quality of its food failed to spark sales, the parent company of Olive Garden and Red Lobster is retooling its strategy to attract diners with more promotional deals.

December 20, 2012 | | Nationwide


Watchdog: Fannie, Freddie may have lost over $3 billion

WASHINGTON (AP) - A federal watchdog has found that government-controlled Fannie Mae and Freddie Mac may have lost more than $3 billion from big banks' alleged rigging of a key interest rate.

December 19, 2012 | | Nationwide


Discounts abound as stores try to salvage season

NEW YORK (AP) - When it comes to fat holiday discounts, better late than never.

December 19, 2012 | | Nationwide


Google launches 'scan and match' music service

LOS ANGELES (AP) - Google is turning on a "scan and match" service for Google Music users to store copies of their songs online, offering for free what Apple charges $25 a year for.

December 19, 2012 | | Nationwide


Instagram says users' photos won't appear in ads

MENLO PARK (AP) - Instagram, the popular mobile photo-sharing service now owned by Facebook, said Tuesday that it will remove language from its new terms of service suggesting that users' photos could appear in advertisements.

December 18, 2012 | | Nationwide


Oracle 2Q earnings rise 18 percent to exceed Wall Street expectations

REDWOOD SHORES (AP) - Snapping out of a summertime lull, Oracle's latest quarter demonstrated that companies have been splurging on software and other technology as the year comes to a close, despite uncertainty about the economy's prospects.

December 18, 2012 | | Nationwide


Facebook CEO Zuckerberg donating $500M in stock

MENLO PARK (AP) - Facebook CEO Mark Zuckerberg says he is donating nearly $500 million in stock to a Silicon Valley charity to focus on health and education issues.

December 18, 2012 | | Nationwide


Smartphone makers post big legal wins

SAN FRANCISCO (AP) - Apple and Samsung, the world's top two smartphone makers, each scored a significant victory on different continents that will allow both to keep selling their products without legal interference this holiday season.

December 18, 2012 | | Nationwide


Too big to jail? Execs avoid laundering charges

NEW YORK (AP) - When the Justice Department announced its record $1.9 billion settlement against British bank HSBC last week, prosecutors called it a powerful blow to a dysfunctional institution accused of laundering money for Iran, Libya and Mexico's murderous drug cartels.

December 18, 2012 | | Nationwide


GM boosts pickup truck deals to help reduce inventory

DETROIT (AP) - With Chevy Silverado and GMC Sierra pickup trucks piling up on dealer lots, General Motors is offering generous deals to thin the stock.

December 17, 2012 | | Nationwide


Mass. fines Morgan Stanley $5M over Facebook IPO

BOSTON (AP) - Morgan Stanley, the lead underwriter for Facebook's troubled public stock offering, has agreed to pay $5 million to Massachusetts' securities regulators after they accused it of disclosing a revenue shortfall only to certain analysts and not the general public.

December 17, 2012 | | Nationwide


Tropicana uses the carrot to squeeze juice sales

NEW YORK (AP) - Tropicana wants more people to drink its juice, so it's extending a carrot - and a bushel of other vegetables.

December 17, 2012 | | Nationwide


Unisex Easy-Bake oven on the way from Hasbro

PROVIDENCE, R.I. (AP) - Hasbro says it will soon reveal a gender-neutral Easy-Bake Oven after meeting with a New Jersey girl who started a campaign calling on the toy maker to make one that appeals to all kids.

December 17, 2012 | | Nationwide


Diet Pepsi plans ad campaign following sweetener tweak

Diet Pepsi plans ad campaign following sweetener tweak

December 17, 2012 | | Nationwide


Census to offer Internet option in surveys

WASHINGTON (AP) - For the first time, the Census Bureau is giving U.S. households a chance to respond to government surveys over the Internet, part of a bid to save costs and boost sagging response rates in a digital age.

December 17, 2012 | | Nationwide


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Articles by Section - Nationwide


Google browsing system targets unwanted software

MOUNTAIN VIEW (AP) - Get ready to see more red warning signs online as Google adds ammunition to its technological artillery for targeting devious schemes lurking on websites.

March 12, 2015 | | Nationwide


Intel cuts 1Q revenue forecast, cites weak desktop PC demand

SANTA CLARA (AP) - Intel's stock fell Thursday after the giant chipmaker lowered its first-quarter revenue forecast, citing weak demand for business desktop PCs and a strong dollar that affects revenue from overseas sales.

March 12, 2015 | | Nationwide


Household wealth touches record at nearly $83 trillion

WASHINGTON (AP) - Fueled by higher stock and home values, Americans' net worth reached a record high in the final three months of 2014.

March 12, 2015 | | Nationwide


Fake IRS agents target more than 366,000 in huge tax scam

WASHINGTON (AP) - Fake IRS agents have targeted more than 366,000 people with harassing phone calls demanding payments and threatening jail in the largest scam of its kind in the history of the agency, a federal investigator said Thursday.

March 12, 2015 | | Nationwide


World’s tallest observation wheel falls short on riders

LAS VEGAS (AP) - The world's tallest observation wheel hasn't quite reached the elevated expectations of its owner.

March 09, 2015 | | Nationwide


A golden MacBook, HBO on your iPhone & the Watch

SAN FRANCISCO (AP) - All eyes were focused on the watch, but Apple CEO Tim Cook also unveiled a new MacBook and announced other deals at a company event Monday in San Francisco.

March 09, 2015 | | Nationwide


FDA keeps warning about suicide on Chantix

WASHINGTON (AP) - The Food and Drug Administration is keeping a bold-letter warning on Pfizer's anti-smoking drug Chantix about suicidal behavior and other psychiatric side effects, after reviewing company findings suggesting the drug does not increase those problems.

March 09, 2015 | | Nationwide


Snuggie seller settles charges that it deceived customers

NEW YORK (AP) - The company behind the Snuggie, Perfect Bacon Bowl and other "As Seen on TV" products has agreed to pay $8 million to settle charges that it deceived customers.

March 05, 2015 | | Nationwide


Google providing car insurance quotes in latest net expansion

MOUNTAIN VIEW (AP) - Google is helping California drivers shop for car insurance as part of a new service that could foreshadow the Internet company's latest attempt to shake up a long-established industry.

March 05, 2015 | | Nationwide


FDA study finds hardly any evidence of antibiotics in milk

WASHINGTON (AP) - In an encouraging development for consumers worried about antibiotics in their milk, a new Food and Drug Administration study showed little evidence of drug contamination after surveying almost 2,000 dairy farms.

March 05, 2015 | | Nationwide


Ringling Bros. giving up elephant acts

POLK CITY, Fla. (AP) - The Ringling Bros. and Barnum & Bailey Circus says the "Greatest Show on Earth" will go on without elephants.

March 05, 2015 | | Nationwide


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