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NY judge sends ex-lawyer to prison for 8 years for role in massive tax fraud

NEW YORK (AP) - A former Chicago lawyer who participated in what authorities have called the largest tax fraud in history was sentenced Friday to eight years in prison by a judge who called the scheme to help wealthy clients escape millions of dollars in taxes "breathtaking in its scope and the damage it caused the nation."

March 01, 2013 | | Nationwide


$1B bill in Apple case reduced by $450M

SAN FRANCISCO (AP) - A federal judge on Friday slashed nearly half of the $1 billion damage award a jury ordered Samsung Electronics to pay Apple Inc. after a high-profile trial over the rights to the design and technology running some of the world's most popular smartphones and tablet computers.

March 01, 2013 | | Nationwide


Buffett calls year with 45 pct. Profit jump subpar effort

OMAHA, Neb. (AP) - Most companies would undoubtedly be thrilled with the results Warren Buffett called "subpar" at Berkshire Hathaway because his company's value trailed the overall market.

March 01, 2013 | | Nationwide


Auto sales power ahead in February

DETROIT (AP) - Americans want new cars and trucks, and they're not letting higher gas prices or political dysfunction stand in their way.

March 01, 2013 | | Nationwide


Google clings to cash for acquisitions, tech investment

MOUNTAIN VIEW (AP) - Google plans to cling to its bulging stash of cash to pay for potential acquisitions and other technology investments that might boost future profits, a top executive said Thursday.

February 28, 2013 | | Nationwide


$85 billion in cuts imminent, Senate rejects efforts, finger pointing continues

WASHINGTON (AP) - Squabbling away the hours, the Senate swatted aside last-ditch plans to block $85 billion in broad-based federal spending reductions Thursday as President Barack Obama and Republicans blamed each other for the latest outbreak of gridlock and the administration readied plans to put the cuts into effect.

February 28, 2013 | | Nationwide


Gap's 4th-quarter net income rises 61%

SAN FRANCISCO (AP) - Gap Inc. reported a 61 percent increase in fourth-quarter profits on Thursday, capping a strong year that saw the company's turnaround take hold.

February 28, 2013 | | Nationwide


Facebook buying Atlas ad business from Microsoft

MENLO PARK (AP) - Facebook is buying a set of online advertising tools called Atlas from Microsoft in its latest attempt to build a more effective marketing system around its social network.

February 28, 2013 | | Nationwide


Dow nears record, fueled by strong housing and Fed effort

NEW YORK (AP) - The Dow came within 60 points of its all-time high Wednesday, rising sharply for a second straight day.

February 27, 2013 | | Nationwide


Target 4th quarter hurt by Canada investment, weak holiday sales

NEW YORK (AP) - Target is setting its bullseye on Canada in 2013.

February 27, 2013 | | Nationwide


JC Penney: 4th straight big loss, sales drop

NEW YORK (AP) - Boy, it just wasn't J.C. Penney's year.

February 27, 2013 | | Nationwide


Senate confirms Lew as Treasury secretary

WASHINGTON (AP) - The Senate on Wednesday confirmed Jacob Lew to be Treasury secretary, affirming President Barack Obama's choice of a budget expert at a time when Congress and the White House are at odds over sharp government spending cuts.

February 27, 2013 | | Nationwide


Apple CEO: Great stuff to come

CUPERTINO (AP) - Apple CEO Tim Cook sought to reassure shareholders worried about the company's sagging stock price that the iPhone and iPad maker is on the verge of inventing more breakthrough products that will prove it hasn't lost its creative edge.

February 27, 2013 | | Nationwide


Cuts loom, is government shutdown next?

WASHINGTON (AP) - With big, automatic budget cuts about to kick in, House Republicans are turning to mapping strategy for the next showdown just a month away, when a government shutdown instead of just a slowdown will be at stake.

February 27, 2013 | | Nationwide


Music, movie industry to warn copyright infringers

WASHINGTON (AP) - Internet users who illegally share music, movies or TV shows online may soon get warning notices from their service providers that they are violating copyright law. Ignore the notices, and violators could face an Internet slow-down for 48 hours. Those who claim they're innocent can protest - for a fee.

February 26, 2013 | | Nationwide


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Articles by Section - Nationwide


Tech News

Apple Watch: Soon for sale in stores

June 04, 2015 | | Nationwide


Big insurance premium hikes coming

WASHINGTON, D.C. (AP) - Dozens of health insurers say higher-than-expected care costs and other expenses blindsided them this year, and they're going to have ...

June 01, 2015 | | Nationwide


New Godzilla video game steers clear of nuclear references

TOKYO (AP) - Godzillas galore, including last year's Hollywood version, stomp on buildings, thrashing about and breathing fire, in a video game going on sale ...

June 01, 2015 | | Nationwide


Google tries to demystify account privacy controls

MOUNTAIN VIEW (AP) - Google is making its privacy controls easier to find and understand in an attempt to make the more than 1 billion users ...

June 01, 2015 | | Nationwide


Intel buys into chips powering cloud computing, smarter cars

SAN JOSE (AP) - Intel is buying chip designer Altera for about $16.7 billion in cash to expand its reach into new chip markets that ...

June 01, 2015 | | Nationwide


Protesters rally against Facebook’s ‘fake name’ policy for accounts

MENLO PARK (AP) - Several dozen people gathered at Facebook's headquarters to protest a company policy of asking users to authenticate their identities if questions ...

June 01, 2015 | | Nationwide


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