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Archive By Section - Nationwide


Facebook's day of reckoning: 2Q earnings report

MENLO PARK (AP) - It's showtime for Facebook. Call it the second act after its rocky initial public offering two months ago. On Thursday, the company will take the spotlight once again for its first earnings report as a public company.

July 25, 2012 | | Nationwide


Symantec fires CEO, chairman replaces him

MOUNTAIN VIEW (AP) - Symantec has fired its CEO, Enrique Salem, and replaced him with Chairman Steve Bennett.

July 25, 2012 | | Nationwide


New Mac operating system goes on sale today

New Mac operating system goes on sale today

July 24, 2012 | | Nationwide


Apple sags as consumers buy cheaper iPhones

CUPERTINO (AP) - More consumers are buying the least expensive iPhones and iPads, a new phenomenon that is causing Apple's breakneck growth rate to slow.

July 24, 2012 | | Nationwide


JPMorgan to pay $100M in credit card settlement

NEW YORK (AP) - JPMorgan Chase has agreed to pay $100 million to settle a lawsuit by customers who claim the nation's largest bank improperly increased minimum payments on their credit card bills.

July 24, 2012 | | Nationwide


Software maker VMware buys Nicira for $1.26B

PALO ALTO (AP) - Business software maker VMware is buying computer networking specialist Nicira for nearly $1.3 billion.

July 23, 2012 | | Nationwide


2nd triple-digit loss for Dow in 2 days

NEW YORK (AP) - Fear that Spain may need a bailout sent its borrowing costs soaring, the euro to a two-year low against the dollar and stocks around the world tumbling as investors pulled back Monday from all manner of risk.

July 23, 2012 | | Nationwide


McDonald's net income drops in second quarter

NEW YORK (AP) - Not even McDonald's Corp. has an iron stomach when it comes to the global economic downturn.

July 23, 2012 | | Nationwide


Peet's Coffee & Tea going private for $977.6 million

EMERYVILLE (AP) - Peet's Coffee & Tea is being taken private by a German conglomerate for approximately $977.6 million.

July 23, 2012 | | Nationwide


How Apple's phantom taxes helps hide billions in profit

CUPERTINO (AP) - On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won't reflect its true profit, because the company hides some of it with an unusual tax maneuver.

July 23, 2012 | | Nationwide


Cisco to lay off 1,300 employees in latest cutback

SAN JOSE (AP) - Cisco Systems is preparing to lay off about 1,300 workers just a few months after the world's largest maker of computer networking equipment warned that growing economic uncertainty is making it tougher to close sales with its customers.

July 23, 2012 | | Nationwide


Netflix's 2Q results riding on subscriber growth

SAN FRANCISCO (AP) - Netflix will provide an update on the growing popularity of its Internet video service and the death march of its DVD-by-mail rental service Tuesday when the company releases its second-quarter earnings.

July 23, 2012 | | Nationwide


Simple questions with not so simple answers

Q. I enjoy reading your column, but I must complain that sometimes you are too long winded in your answers. Why can't you answer a simple question with a simple answer?

July 20, 2012 | | Nationwide


US has fewest cattle in at least 4 decades

WICHITA, Kan. (AP) - A widespread drought that's forcing ranchers to sell off animals has helped shrink the nation's cattle herd to its smallest number in at least four decades.

July 20, 2012 | | Nationwide


DirecTV, Viacom fight to draw in channel punch-out

LOS ANGELES (AP) - Viacom and DirecTV fought a bruising bout over fees to a draw Friday and agreed to a long-term deal that ended a 10-day channel blackout.

July 20, 2012 | | Nationwide


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Articles by Section - Nationwide


GameStop hires 25,000 seasonal workers, up 47%

GRAPEVINE, Texas (AP) - Gamers rejoice: GameStop is almost doubling its number of seasonal workers this holiday season as it prepares to deal with strong demand for new video games and the new iPhone.

September 26, 2014 | | Nationwide


DirecTV shareholders OK $48.5B sale

NEW YORK (AP) - AT&T's proposed $48.5 billion acquisition of DirecTV is moving forward as shareholders of the country's largest satellite TV broadcaster approved the deal. But it still needs regulatory approval.

September 26, 2014 | | Nationwide


Ways to hide, secure phone data

NEW YORK (AP) - Apple got a lot of attention last week when it released a new privacy policy along with a declaration that police can't get to your password-protected data.

September 22, 2014 | | Nationwide


Detroit tells judge: We can’t give away free water

DETROIT (AP) - Detroit's water department defended its shutoff policy Monday and warned that free service to people with unpaid bills could be "very devastating" to the bottom line.

September 22, 2014 | | Nationwide


Cracks down on moving overseas

WASHINGTON (AP) - The Obama administration cracked down Monday on certain overseas corporate mergers and acquisitions, aiming to curb American companies from shifting their ownership abroad to shirk paying U.S. taxes.

September 22, 2014 | | Nationwide


Investors fret. Yahoo’s stock dips

SUNNYVALE (AP) - Yahoo may be losing some appeal on Wall Street now that U.S. investors can buy directly into Alibaba.

September 22, 2014 | | Nationwide


BUSINESS NEWS FROM ACROSS THE NATION

• STARBUCKS TESTS LATTE WITH STOUT FLAVOR: NEW YORK (AP) - Starbucks is testing a latte that it says has the "savory toasty malt" flavor of a foamy mug of stout.

September 22, 2014 | | Nationwide


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