Archive By Section - 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.
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.
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.
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.
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.
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.
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.
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.
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.
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?
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.
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.
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.
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.
Google stock split wins approval; CEO loses voice
SAN FRANCISCO (AP) - Google shareholders gave CEO Larry Page what he wanted Thursday by approving an unconventional stock split meant to cement his authority, but he wasn't around to hail the victory.
Articles by Section - Nationwide
Netflix adds 4.3M more subscribers
SAN FRANCISCO (AP) - Coming off its best quarter yet, Netflix is accelerating its international expansion in hopes its original programming will hook millions more subscribers on the Internet video service.
US settles case over fake Facebook page
WASHINGTON (AP) - The Justice Department has reached a $134,000 settlement with a New York woman after federal drug agents used information from her cellphone to set up a fake Facebook page in her identity, a tactic that raised privacy concerns and led to a federal government review of the ruse, according to court papers filed Tuesday.
Twitter buys ZipDial in bid for users in emerging markets
SAN FRANCISCO (AP) - Twitter said Tuesday that it plans to buy Indian mobile marketing company ZipDial as it tries to reach new users in developing regions.
Does Airbnb help or hurt affordable housing?
NEW YORK (AP) - They cater to travelers, but Airbnb and other short-term rental sites are sparking debate over an issue few tourists are likely to unpack: affordable housing.
Cheap oil means spending changes
WASHINGTON (AP) - Cheap oil doesn't only mean cheaper gas in the tank. It means that a car dealer in Illinois is shuffling the inventory of models he'll be selling, that more students in Wisconsin may get school-provided iPads, that some planned projects in a Southern California city will get delayed, and that some expected oilfield hiring in North Dakota and Texas may not happen.
BUSINESS NEWS
• AMAZON BRANCHING OUT FROM TV SERIES TO MOVIE PRODUCTION: SEATTLE (AP) - Amazon Studios is branching out from television series to movies, announcing plans to begin producing and acquiring original movies for theatrical release and, within weeks, video streaming.
Pumpkin seed: Future cash crop for Oregon?
ONTARIO, Ore. (AP) - Eastern Oregon and western Idaho already produce many of the nation's decorative pumpkins. Now an economic development official is exploring whether the area could support production of pumpkin seeds for healthy snack foods.
Obama Treasury choice withdraws
WASHINGTON (AP) - A Wall Street banker nominated by President Barack Obama to be the third-ranking official at the Treasury Department has pulled out of contention for the post in the face of Democratic opposition, a blow to the White House and a victory for the party's liberal wing.
Social Security won’t seize tax refunds
WASHINGTON (AP) - People who owe old debts to the Social Security Administration are getting a reprieve this tax season: The federal government won't be seizing their tax refunds.
Got help paying for health care? Watch your mailbox
WASHINGTON (AP) - If you're among the millions of consumers who got financial help for health insurance last year under President Barack Obama's law, better keep an eye on your mailbox.
NY elected officials take aim at Uber surge pricing
NEW YORK (AP) - New York's turf war on wheels reached fever pitch Monday as City Council members grilled representatives of the app-based Uber service - a fierce competitor of the city's 13,000 yellow cabs hailed with a flailing hand.
GADGET SHOW
LAS VEGAS (AP) - One of the biggest changes in television this year will be more channels being available online with no separate cable or satellite subscription. But for would-be cord-cutters, watching live sports online has been elusive - until now. Dish Network Corp. on Monday unveiled an Internet-only subscription offering that includes ESPN.
Strong dollar makes world travel cheaper
DALLAS (AP) - If you've been putting off a trip abroad because it's too expensive, start packing your bags.
Gadgets raise your home’s IQ
LAS VEGAS (AP) - Imagine a world in which your garage door opens automatically as you pull into the driveway. The living room lights and heater turn on - perhaps the oven starts warming up, too. In the so-called "smart home," cars, appliances and other devices all have sensors and Internet connectivity to think and act for themselves, and make your life easier.
Petco pulls Chinese treats amid fears they sickened pets
LOS ANGELES (AP) - Petco said Monday it has removed all remaining Chinese-made dog and cat treats from its website and stores nationwide because of concerns they have sickened thousands of pets and killed 1,000 dogs in the U.S. since 2007.
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