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Archive By Section - Nationwide


Kohl's profit drops but meets Wall St. view

MENOMONEE FALLS, Wis. (AP) - Kohl's second-quarter net income declined 4 percent as expenses climbed, and the retailer trimmed its outlook for the year.

August 15, 2013 | | Nationwide


Wal-Mart cuts profit outlook

NEW YORK (AP) - Wal-Mart Stores Inc., the world's biggest retailer, said the weak global economy continues to batter its low-income shoppers.

August 15, 2013 | | Nationwide


Facebook to test mobile payments service apps

NEW YORK (AP) - Facebook plans to test a mobile payments service that lets users make purchases inside mobile applications using payment information they have added to their account on the social network.

August 15, 2013 | | Nationwide


Ed Dept. makes changes to PLUS loans

WASHINGTON (AP) - The Obama administration, under pressure from black college presidents and lawmakers, has made changes to the PLUS loan program that may help thousands of families qualify for the college financial aid.

August 15, 2013 | | Nationwide


AMR bankruptcy plan OK questioned

NEW YORK (AP) - Lawyers for American Airlines pressed a judge Thursday to approve the company's plan to merge with US Airways and exit bankruptcy protection, but the judge delayed a ruling because of the federal government's lawsuit against the merger.

August 15, 2013 | | Nationwide


Postal Service revamps priority mail

WASHINGTON (AP) - The financially struggling U.S. Postal Service is revamping its priority mail program to raise revenue and drive new growth in its package delivery business.

August 14, 2013 | | Nationwide


Cisco profit grows but plans to cut 4,000 jobs

SAN JOSE (AP) - Cisco's earnings and revenue grew in the latest quarter as demand for its computer networking equipment increased. But CEO John Chambers called the global economy "challenging and inconsistent" and the company said it is cutting about 4,000 jobs, or about 5 percent of its work force.

August 14, 2013 | | Nationwide


Microsoft sets Oct. 17 release for Windows 8.1

SAN FRANCISCO (AP) - Consumers waiting for Microsoft's revamped version of its latest Windows operating system will be able to get the software beginning Oct. 17.

August 14, 2013 | | Nationwide


Airline mergers have led to higher fares

NEW YORK (AP) - The government is trying to put a stop to rising airfares and fees by blocking the latest airline merger - but for fliers, it's already too late.

August 14, 2013 | | Nationwide


Vehicle-charging company warns about prospects

SAN FRANCISCO (AP) - Ecotality Inc., which makes charging systems for electric vehicles, said Monday that it could be forced into a sale or bankruptcy filing "in the very near future" after disappointing sales and suspension of payments from the federal government.

August 13, 2013 | | Nationwide


Race-based claims thrown out in lawsuit

SAVANNAH, Ga. (AP) - A federal judge Monday threw out race discrimination claims by a former Savannah restaurant manager whose lawsuit against Paula Deen has already cost the celebrity cook a valuable chunk of her culinary empire.

August 13, 2013 | | Nationwide


BlackBerry weighs putting itself up for sale

TORONTO (AP) - BlackBerry will consider selling itself after the long-awaited debut of its new phones failed to turn around the struggling smartphone maker.

August 13, 2013 | | Nationwide


Mexico salad mix production halted after stomach bug

DES MOINES, Iowa (AP) - A Mexico processing facility voluntarily suspended production of salad mix that's been linked to the outbreak of a stomach bug in Iowa and Nebraska, a California company announced Monday.

August 13, 2013 | | Nationwide


Outages cost economy $33B yearly

NEW YORK (AP) - The cost of weather-related power outages is high and rising as storms grow more severe and the U.S. electric grid gets older, according to an Obama Administration report that calls for increased spending on the nation's electric power system.

August 13, 2013 | | Nationwide


Average credit card debt per borrower dips

LOS ANGELES (AP) - Americans remain stingy about carrying credit card balances and are making more of an effort to make timely payments, trends that have helped whittle the rate of late payments on credit cards down to the lowest level in nearly 20 years.

August 13, 2013 | | Nationwide


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Articles by Section - 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


What! Facebook’s down? No storm selfies during outage

MENLO PARK (AP) - No storm selfies, hookups, status updates. With Facebook and Instagram down for nearly an hour overnight, what were legions of users to do?

January 27, 2015 | | Nationwide


iPhone sales smash records

CUPERTINO (AP) - Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.

January 27, 2015 | | Nationwide


Yahoo spinning off Alibaba stake

SUNNYVALE (AP) - Yahoo CEO Marissa Mayer is spinning off the company's $39 billion stake in China's Alibaba Group Holding in a move that wards off a potential shareholder rebellion.

January 27, 2015 | | Nationwide


Parking garages fall to the wrecking ball

DES MOINES, Iowa (AP) - They were supposed to be saviors of downtown, drawing people by offering parking as plentiful as at any suburban shopping mall.

January 27, 2015 | | Nationwide


IBM denies report of mass layoffs

SAN FRANCISCO (AP) - Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.

January 26, 2015 | | Nationwide


Microsoft earnings report doesn’t excite

SAN FRANCISCO (AP) - Big jumps in sales of its Surface tablets, cloud computing software and Lumia smartphones drove Microsoft's quarterly revenue above expectations, as CEO Satya Nadella continues to steer toward the mobile gadget market and shift Microsoft away from its traditional focus on the PC.

January 26, 2015 | | Nationwide


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