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Archive By Section - Nationwide


Intel CEO to retire in surprise move

SANTA CLARA (AP) - Intel CEO Paul Otellini is retiring in May, giving the world's largest maker of microprocessors six months to find a new leader as it confronts two major challenges: a shaky economy and a shift toward mobile devices that is reducing demand for its PC chips.

November 19, 2012 | | Nationwide


Twinkies maker Hostess lives at least another day for private labor mediation

WHITE PLAINS, N.Y. (AP) - Twinkies will live to see another day.

November 19, 2012 | | Nationwide


5 banks have cut mortgage balances by $6.3B

LOS ANGELES (AP) - Five of the biggest U.S. banks have cut struggling homeowners' mortgage balances by $6.3 billion, part of a total $26.1 billion in home loan relief provided under a landmark settlement over foreclosure abuses.

November 19, 2012 | | Nationwide


Average credit card debt per borrower up

LOS ANGELES (AP) - Americans cranked up their use of credit cards in the third quarter, racking up more debt than a year ago, while also being less diligent about making payments on time, an analysis of consumer-credit data shows.

November 19, 2012 | | Nationwide


Ford to bring smaller engine in 2014 Fiesta

DEARBORN, Mich. (AP) - Ford is bringing its smallest engine to the U.S. in the race to meet stricter government fuel economy rules.

November 19, 2012 | | Nationwide


Twinkies likely to survive sale of Hostess

DETROIT (AP) - Twinkie lovers, relax.

November 18, 2012 | | Nationwide


J.C. Penney CEO tries to change the way Americans shop

NEW YORK (AP) - J.C. Penney CEO Ron Johnson seems unfazed that the department store chain's mounting losses and sales declines have led to growing criticism of his plan to change the way we shop. Perhaps that's because this isn't the first time during Johnson's 30-year career that he's attempted what seemed impossible.

November 18, 2012 | | Nationwide


State jobless rate dips to 10.1 percent

LOS ANGELES (AP) - California continued its economic recovery as the unemployment rate dipped to 10.1 percent in October, led by increases in private sector jobs such as construction, retail and well-paying professional work.

November 17, 2012 | | Nationwide


Twinkie maker Hostess reaches the end of the line

NEW YORK (AP) - Twinkies may not last forever after all.

November 16, 2012 | | Nationwide


SOCIAL SECURITY

Spousal Benefit Clarifications

November 16, 2012 | | Nationwide


Pension insurer runs record $34B deficit

WASHINGTON (AP) - The federal agency that insures pensions for more than 40 million Americans last year ran the widest deficit in its 38-year history.

November 16, 2012 | | Nationwide


Sex offender was festival volunteer at San Jose Catholic church school

SAN JOSE (AP) - A California registered sex offender convicted of molesting a relative was caught volunteering at a Catholic elementary school festival, but he was not arrested because he had a permission letter from a church official.

November 15, 2012 | | Nationwide


Oakland tries to avoid federal takeover of police department

OAKLAND (AP) - A federal judge has ordered city officials to negotiate with two lawyers who want the embattled Oakland Police Department to become the first in the nation to be taken over by the federal government.

November 15, 2012 | | Nationwide


BP agrees to pay $4.5B; 3 employees charged

NEW ORLEANS (AP) - A day of reckoning arrived for BP on Thursday as the oil giant agreed to plead guilty to a raft of charges in the deadly Gulf of Mexico spill and pay a record $4.5 billion, including the biggest criminal fine in U.S. history. Three BP employees were also charged, two of them with manslaughter.

November 15, 2012 | | Nationwide


Govt files charges in 'business opportunity' scams

WASHINGTON (AP) - The government has filed criminal and civil charges against several individuals and companies accused of ripping off unemployed and other vulnerable people with work-at-home and other business scams.

November 15, 2012 | | Nationwide


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Articles by Section - Nationwide


Chicken Fries lift Burger King sales

NEW YORK (AP) - Burger King said bringing back its "Chicken Fries" helped sales jump in the U.S. and Canada by the biggest amount in two years.

November 04, 2014 | | Nationwide


‘Call of Duty’ helps game firm score big

SANTA MONICA (AP) - Activision Blizzard Inc., maker of the blockbuster "Call of Duty" video game franchise, said Tuesday that strong sales led to better-than-expected results for its third quarter and raised its full-year forecast. The stock jumped in after-hours trading.

November 04, 2014 | | Nationwide


NEWS FROM BUSINESS WORLD

CVS'S 3Q BENEFITS FROM GENERICS, SPECIALTY DRUGS: WOONSOCKET, R.I. (AP) - CVS Health Corp. reported better-than-expected third-quarter earnings Tuesday as increased use of specialty drugs helped offset missing sales of tobacco products, which the company stopped selling this fall.

November 04, 2014 | | Nationwide


Analyst expects $89B in online holiday sales

NEW YORK (AP) - This year more Americans than ever are expected to make their lists, check them twice, and then click the "add to cart" button.

November 03, 2014 | | Nationwide


Skip check-in; latest hotel room key is your phone

NEW YORK (AP) - Hotels don't want guests to have to linger at the front desk - or even stop by at all.

November 03, 2014 | | Nationwide


Red Lobster goes back into its shell

NEW YORK (AP) - It turns out people go to Red Lobster for the seafood.

November 03, 2014 | | Nationwide


Judge won’t block health screenings

MINNEAPOLIS (AP) - A federal judge on Monday said Honeywell Inc. could begin penalizing workers who refuse to take medical or biometric tests.

November 03, 2014 | | Nationwide


User growth not much to Tweet about

SAN FRANCISCO (AP) - Twitter's third-quarter revenue outpaced expectations, but investors concerned about user growth and holiday-quarter revenue clipped the company's stock price late Monday.

October 27, 2014 | | Nationwide


Dunkin’ rolls out ‘Croissant Donut’

NEW YORK (AP) - Dunkin' Donuts plans to roll out a croissant-doughnut hybrid in the U.S. next week, but the company says please don't call it a "Cronut."

October 27, 2014 | | Nationwide


Pending home sales rise modestly in September

WASHINGTON (AP) - The number of Americans signing contracts to buy homes ticked up only slightly in September, as it remained difficult to qualify for mortgage financing.

October 27, 2014 | | Nationwide


Toyota tops Consumer Reports rankings

DETROIT (AP) - Toyota continues its winning streak atop Consumer Reports' annual reliability rankings.

October 27, 2014 | | Nationwide


6 vehicles impounded in UberX sting

PHILADELPHIA (AP) - The city's parking authority lived up to its threats to impound vehicles and fine drivers participating in the UberX ride-sharing service.

October 27, 2014 | | Nationwide


Blue Christmas for Amazon?

NEW YORK (AP) - It might be a blue Christmas for Amazon.

October 23, 2014 | | Nationwide


Union Pacific 3Q profit chugs ahead 19 percent

OMAHA, Neb. (AP) - Union Pacific Corp. delivered a 19 percent increase in its third-quarter profit as the railroad hauled 7 percent more freight and increased rates.

October 23, 2014 | | Nationwide


Cloud business lifts Microsoft’s quarterly results

SAN FRANCISCO (AP) - Microsoft's quarterly profit and revenue sailed past expectations Thursday, as CEO Satya Nadella's push to embrace cloud computing and diversify into mobile devices helped lift sales by 25 percent.

October 23, 2014 | | Nationwide


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