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Bay Area briefs

PG&E MEMO SAYS DOWNGRADING LEAKS COULD CUT COSTS: SAN FRANCISCO (AP) - A Pacific Gas & Electric Co. memo from a few years before the deadly San Bruno pipeline explosion suggested that managers might want to consider downgrading leaks found on natural gas lines, instead of fixing them.

July 16, 2012 | | Nationwide


Google exec Mayer named Yahoo CEO

SUNNYVALE (AP) - Yahoo is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years as the company struggles to rebound from financial malaise and internal turmoil.

July 16, 2012 | | Nationwide


Consumer bureau to police credit reporting bureaus

NEW YORK (AP) - The companies that determine Americans' credit scores are about to come under scrutiny by the country's new consumer watchdog.

July 16, 2012 | | Nationwide


Needles found in sandwiches on 4 Delta flights

MINNEAPOLIS (AP) - Delta Air Lines Inc. and the FBI are trying to figure out how needles got into turkey sandwiches served aboard four flights from Amsterdam. One passenger was injured.

July 16, 2012 | | Nationwide


War on pensions moves to new target in Stockton

When I wrote about the coming "Public Pension Wars" a few years ago, the responses ranged from astounded to angry. The very idea that a state or municipality could change pension contribution requirements - in the middle of an employee's career - was shocking.

July 13, 2012 | | Nationwide


Macy's wins temporary block against Martha Stewart

NEW YORK (AP) - J.C. Penney's woes keep piling on. In the latest string of troubles, Macy's won a preliminary injunction against Martha Stewart Living that would prevent it from selling some of its products at the chain.

July 13, 2012 | | Nationwide


Prosecutor: Iowa-based CEO carried out $200M fraud

CEDAR RAPIDS, Iowa (AP) - The chief executive of an Iowa-based brokerage firm admitted in a tell-all suicide note that he carried out an elaborate fraud scheme in which he embezzled at least $100 million from customers over two decades, federal investigators said Friday.

July 13, 2012 | | Nationwide


Suspending your benefits before they even start

Q. I am about to turn 66 years old. I was planning to wait until age 70 to file for my Social Security benefits because I wanted to get the delayed retirement bonus you mention so often in your column. But I found an article on the web that encourages people like me to file at age 66 and then immediately suspend my benefits. That way, if I change my mind before age 70, I can go back and get retroactive benefits until age 66. What do you know about this?

July 13, 2012 | | Nationwide


Developers pull plans for New Mexico ghost town to study new technology

ALBUQUERQUE, N.M. (AP) - The company behind plans to build a scientific ghost town says it is pulling out of a deal to develop the make-believe city near Hobbs.

July 13, 2012 | | Nationwide


US rowing team outfitted with Philly-made gear

PHILADELPHIA (AP) - While lawmakers in Congress continue fuming about uniforms for the U.S. Olympic team being made in China, a Philadelphia company is looking forward to seeing its locally-made apparel being worn by American rowers.

July 13, 2012 | | Nationwide


Visa, MasterCard in $6B settlement over card fees

NEW YORK (AP) - Visa, MasterCard and major banks agreed to pay retailers at least $6 billion to settle a long-running lawsuit that alleged the card issuers conspired to fix the fees that stores pay to accept credit cards. As part of the settlement, announced late Friday, stores from Rite Aid to Kroger will be allowed to charge customers more if they pay using a credit card.

July 13, 2012 | | Nationwide


NM on verge of repossessing state's supercomputer

ALBUQUERQUE, N.M. (AP) - Gov. Susana Martinez's administration is on the verge of taking back New Mexico's $11 million supercomputer known as "Encanto" from the nonprofit group set up to operate it.

July 12, 2012 | | Nationwide


Yahoo confirms theft of 450,000 users' passwords

LONDON (AP) - Some 450,000 Yahoo users' email addresses and passwords have been leaked because of a security breach, the company confirmed Thursday, adding that just a small fraction of the stolen passwords were valid.

July 12, 2012 | | Nationwide


Scam claiming President Obama offering to pay utility bills proves costly for thousands

MADISON, Wis. (AP) - As much as President Barack Obama wants your vote, he's not actually offering to pay your monthly bills.

July 12, 2012 | | Nationwide


NBC launches 2 apps to watch the Olympics

NEW YORK (AP) - NBC launched two mobile apps that will let people watch Olympics events as they happen, look up athlete profiles and access other extra content on their iPads, iPhones and certain Android devices.

July 12, 2012 | | Nationwide


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Articles by Section - Nationwide


Is doctor’s office most dangerous place for data?

NEW YORK (AP) - Everyone worries about stolen credit cards or hacked bank accounts, but just visiting the doctor may put you at greater risk for identity fraud.

February 09, 2015 | | Nationwide


RadioShack files for bankruptcy

NEW YORK (AP) - A diminished RadioShack will live on, but its future may lie with Sprint.

February 05, 2015 | | Nationwide


Yelp beats Street 4Q forecasts with $32.7 million

SAN FRANCISCO (AP) - Yelp Inc. (YELP) on Thursday reported fourth-quarter net income of $32.7 million, after reporting a loss in the same period a year earlier.

February 05, 2015 | | Nationwide


Twitter shares flying high

SAN FRANCISCO (AP) - Twitter shares flew nearly 10 percent higher aftermarket, as the messaging service shrank losses and nearly doubled quarterly revenue by drawing more users and expanding its advertising offerings.

February 05, 2015 | | Nationwide


Symantec tops 3Q profit forecasts

MOUNTAIN VIEW (AP) - Symantec Corp. (SYMC) on Thursday reported fiscal third-quarter net income of $222 million.

February 05, 2015 | | Nationwide


Staples buys Office Depot for $6B to keep pace with change

NEW YORK (AP) - Evolving shopping habits have forced yet another retailer to think outside of the box.

February 04, 2015 | | Nationwide


Shutdown could be 5 days away

LOS ANGELES (AP) - West Coast seaports could shut down in as soon as five days - hobbling U.S. trade with Asia - if dockworkers and their employers cannot reach a new contract, the head of a maritime association warned Wednesday in remarks intended to pressure an agreement after nine months of negotiations.

February 04, 2015 | | Nationwide


Samsung launches Tizen-powered TVs

SEOUL, South Korea (AP) - South Korean electronics giant Samsung Electronics Co. is starting domestic sales of televisions powered by its internally developed operating system.

February 04, 2015 | | Nationwide


Oil price slumps again as US crude inventories surge

NEW YORK (AP) - Oil prices plunged on Wednesday, ending a four-day rally, after the U.S. government reported that crude inventories surged last week.

February 04, 2015 | | 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


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