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Archive By Section - Nationwide


BofA in $11.6B mortgage claims settlement

NEW YORK (AP) - Bank of America reached an $11.6 billion settlement with government mortgage agency Fannie Mae to settle claims resulting from mortgage-backed investments that soured during the housing crash, bringing it a step closer to clearing up its legacy of bad home loans.

January 07, 2013 | | Nationwide


Google exec chairman arrives in North Korea

PYONGYANG, North Korea (AP) - Google's chairman wants a firsthand look at North Korea's economy and social media landscape during his private visit Monday to the communist nation, his delegation said, despite misgivings in Washington over the timing of the trip.

January 07, 2013 | | Nationwide


McDonald's expands test flight for chicken wings; no national plans yet

NEW YORK (AP) - First there were McNuggets. Then there were Chicken McBites. Now McDonald's could be adding "Mighty Wings" to its chicken menu.

January 07, 2013 | | Nationwide


Government to require electric cars to make noise

DETROIT (AP) - A government safety agency wants electric and hybrid vehicles to make more noise when traveling at low speeds so pedestrians can hear them coming.

January 07, 2013 | | Nationwide


Lenovo to release giant 27-inch ‘coffee table PC’

LAS VEGAS (AP) - Dismayed that family members are spread out over the house, each with a separate PC or tablet? Lenovo has something it believes will get them back together: a PC the size of a coffee table that works like a gigantic tablet and lets four people use it at once.

January 06, 2013 | | Nationwide


Gain pushes S&P 500 to 5-year high

NEW YORK (AP) - The Standard & Poor's 500 closed at its highest level in five years Friday after a report showed that hiring held up in December, giving stocks an early lift.

January 04, 2013 | | Nationwide


Target ads puts food in spotlight

NEW YORK (AP) - Is Target's grocery aisle ready for its close up?

January 04, 2013 | | Nationwide


Bluefin tuna sells for record $1.76M in Tokyo

TOKYO (AP) - A bluefin tuna sold for a record $1.76 million at a Tokyo auction Saturday, nearly three times the previous high set last year.

January 04, 2013 | | Nationwide


'McDreamy' says he beat Starbucks for coffee chain

SEATTLE (AP) - "Grey's Anatomy" star Patrick Dempsey may be the real "McSteamy."

January 04, 2013 | | Nationwide


Social Security update for 2013

It has been my custom for most of the past 15 years to write a year-end column that summarizes the Social Security changes and updates scheduled to take place the following year.

January 04, 2013 | | Nationwide


Spaceport wants protections from tourist lawsuits

ALBUQUERQUE, N.M. (AP) - Spaceport America officials are urging legislators to limit potential lawsuits from wealthy outer space tourists who take off from New Mexico, saying such a bill is crucial to the future of the project.

January 04, 2013 | | Nationwide


Search engine tailors its results for tablets

SAN FRANCISCO (AP) - The makers of Blekko believe they've built a great alternative to Google, but they're also realistic. They know their two-year-old Internet search engine won't ever supplant Google as the most popular place to search on laptop and desktop computers.

January 04, 2013 | | Nationwide


Job market shrugs off fears of 'fiscal cliff'

WASHINGTON (AP) - The U.S. job market proved resilient in December despite fears that a budget impasse in Washington would send the economy over the fiscal cliff and trigger growth-killing tax hikes and spending cuts.

January 04, 2013 | | Nationwide


Chevy Sonic helps Detroit shake off rust

DETROIT (AP) - When the word reached the Orion Assembly Plant, it spread along the serpentine assembly line like news of a death or natural disaster: General Motors, the biggest automaker in the world, had filed for bankruptcy protection.

January 04, 2013 | | Nationwide


Retailers report higher December sales

NEW YORK (AP) - A last-minute surge in spending saved the holiday shopping season.

January 03, 2013 | | Nationwide


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Articles by Section - Nationwide


Univ. of Phoenix faces government financial aid review

NEW YORK (AP) - Apollo Education Group said the U.S. Department of Education will review the administration of federal student financial aid programs by its University of Phoenix subsidiary.

July 14, 2014 | | Nationwide


Consumer bureau sues law firm

WASHINGTON (AP) - The Consumer Financial Protection Bureau sued a major debt collection law firm on Monday, alleging it is a "mill" that produces shoddy, mass-produced credit-card collection lawsuits.

July 14, 2014 | | Nationwide


Citigroup to pay $7B in mortgages probe

WASHINGTON (AP) - Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades, the Justice Department said Monday.

July 14, 2014 | | Nationwide


1,153 Trump Plaza workers to lose jobs

ATLANTIC CITY, N.J. (AP) - Job losses at Trump Plaza when the Atlantic City casino shuts down in September will be even worse than expected.

July 14, 2014 | | Nationwide


Survival and defeat in Silicon Valley slum

SAN JOSE (AP) - She's a disheveled woman, upper teeth gone, heavy bags slung over her shoulders as she nervously urges on two friends shoving her overloaded shopping cart up a dirt slope. Maria Esther Salazar has been either homeless, in jail, or squatting at someone else's house for 30 years.

July 08, 2014 | | Nationwide


Firms post most jobs in 7 years in May

WASHINGTON (AP) - U.S. employers advertised more jobs in May than in any month in the past seven years, a sign that this year's strong hiring trend is likely to continue.

July 08, 2014 | | Nationwide


Math, science grads earn top dollar

WASHINGTON (AP) - What you study - math and science are a plus - seems to matter more than whether your alma mater is public or private when it comes to finding a high-paying job after college, according to a report released Tuesday by the Education Department.

July 08, 2014 | | Nationwide


Luxury Rolls-Royce car sales soar

LONDON (AP) - They are rolling symbols of wealth and excess, starting at $263,000 a pop, with many buyers choosing custom options that can easily double the price. And they are more popular than ever before.

July 08, 2014 | | Nationwide


Settlement reached in Remington suit

ST. LOUIS (AP) - One of the nation's leading gun manufacturers has reached a settlement in a nationwide lawsuit claiming a popular hunting rifle has a defective trigger mechanism that can cause injury and death.

July 08, 2014 | | Nationwide


After Aereo, what’s next for Internet TV?

LOS ANGELES (AP) - The Supreme Court shot down Aereo's business model this week, but that doesn't mean customers' desire for a better TV experience is gone.

June 26, 2014 | | Nationwide


Ikea raises hourly pay for US retail workers

NEW YORK (AP) - Ikea's U.S. division is raising the minimum wage for thousands of its retail workers, pegging it to the cost of living in each location, instead of its competition.

June 26, 2014 | | Nationwide


Nike 4th quarter net income tops estimates

NEW YORK (AP) - Nike's fiscal fourth-quarter net income rose 5 percent as higher revenue in most geographic regions offset heavy investments in marketing for the World Cup soccer tournament.

June 26, 2014 | | Nationwide


Stocks move lower on Wall Street, led by banks

NEW YORK (AP) - Stocks are closing lower on Wall Street, with banks posting some of the biggest declines.

June 26, 2014 | | Nationwide


Study: Angelenos spend more on housing than others

LOS ANGELES (AP) - A new study finds half of households in metropolitan Los Angeles spend at least 30 percent of their income on rent or mortgage payments - the highest rate among U.S. cities.

June 26, 2014 | | Nationwide


Analysts predict slower June sales for GM

DETROIT (AP) - A number of analysts are predicting that General Motors' June U.S. sales will underperform the overall auto industry, putting the company in danger of losing market share at a critical time.

June 26, 2014 | | Nationwide


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