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Feds: Sting targeted online financial fraud

NEW YORK (AP) - Two dozen people on four continents, including alleged two hackers from New York, have been arrested in an elaborate sting targeting a black market for online financial fraud, federal officials said Tuesday.

June 26, 2012 | | Nationwide


Quest Software gets higher takeover bid of $2.32B

ALISO VIEJO (AP) - Quest Software Inc. said Monday that it received a higher buyout offer worth about $2.32 billion from an unnamed buyer, ramping up the battle for the technology services provider.

June 25, 2012 | | Nationwide


Microsoft buying Internet startup Yammer for $1.2B to add Facebook style sharing

SAN FRANCISCO (AP) - Microsoft is buying Internet startup Yammer for $1.2 billion in an attempt to bring Facebook-like sharing features to its widely used suite of business software applications.

June 25, 2012 | | Nationwide


T-Mobile to buy, swap spectrum with Verizon

NEW YORK (AP) - Verizon Wireless on Monday said that it has agreed to sell some wireless spectrum rights to T-Mobile USA and swap others, in a continuing quest to get regulators to approve a bigger spectrum deal it has worked out with a consortium of cable companies and another wireless carrier.

June 25, 2012 | | Nationwide


Facebook names 1st woman, Sandberg, to board

MENLO PARK (AP) - Facebook's No. 2 executive, Sheryl Sandberg, has become the first woman on the social-networking company's board of directors.

June 25, 2012 | | Nationwide


New-home sales rose at fastest pace in 2 years

WASHINGTON (AP) - Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery is continuing in the U.S. housing market, despite weaker job growth.

June 25, 2012 | | Nationwide


Hawaii’s island of Lanai depends on wealthy owner

HONOLULU (AP) - The 3,200 people living on a rural Hawaiian island that will soon be purchased by billionaire Oracle Corp. CEO Larry Ellison have a laundry list of what they'd like to see him provide.

June 25, 2012 | | Nationwide


Negotiators closing in on student loan interest deal

WASHINGTON (AP) - Congressional bargainers appeared to be closing in on a compromise that would head off a July 1 doubling of interest rates on federal loans to 7.4 million college students and end an election-year battle between President Barack Obama and Congress.

June 25, 2012 | | Nationwide


Study: E-book library borrowing takes slow pace

NEW YORK (AP) - E-book readers have been relatively slow to borrow digital works from the library, frustrated by a limited selection and by not even knowing whether their local branch offers e-releases, according to a new study.

June 25, 2012 | | Nationwide


Bank downgrades could hurt loans, credit cards

NEW YORK (AP) - When a major bank's credit rating is cut, it deals a psychological blow - to customers, the public and financial markets.

June 22, 2012 | | Nationwide


Best time to start benefits?

Q. My husband is 66 years old. I'm only 60. We are having an argument about Social Security. He insists on waiting until age 70 to get his full benefits plus the delayed retirement bonus. I say he should take Social Security now. If he doesn't, he'll be throwing away thousands of dollars. But he says he's run the numbers, and he comes out in the long run by waiting until 70 to take his Social Security. Which one of us is right?

June 22, 2012 | | Nationwide


First Tesla electric sedans hit the road

FREMONT (AP) - Electric car maker Tesla's first mass-market sedans took to the road Friday, but it's not certain whether their debut will make or break the fledgling company.

June 22, 2012 | | Nationwide


It costs $1.36 to charge an iPad for a year

CUPERTINO (AP) - That coffee you're drinking while gazing at your iPad? It cost more than all the electricity needed to run those games, emails, videos and news stories for a year.

June 21, 2012 | | Nationwide


Weak job market weighing on broader economy

WASHINGTON (AP) - The sluggish job market is weighing on the U.S. economy three years after the Great Recession ended. And the signs suggest hiring may not strengthen any time soon.

June 21, 2012 | | Nationwide


Moody's cuts credit ratings of 15 major banks

NEW YORK (AP) - Moody's Investors Service lowered the credit ratings of 15 major banks Thursday, including Bank of America, JPMorgan Chase and Goldman Sachs, saying their long-term prospects for profitability and growth are shrinking.

June 21, 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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