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Archive By Section - Nationwide


Facebook plunges to $19.69 per share

MENLO PARK (AP) - Facebook's stock plunged to a new low Thursday as some of the social networking leader's early backers got their first chance to sell their shares since the company's initial public offering went awry.

August 16, 2012 | | Nationwide


People affected by refinery fire sue Chevron

RICHMOND (AP) - Nine people have sued Chevron Corp. over a California refinery fire that sent thousands to hospitals with respiratory issues and contributed to higher gasoline prices on the West Coast.

August 16, 2012 | | Nationwide


Olympic swimmer Michael Phelps again graces Wheaties cereal boxes

NEW YORK (AP) - With another six Olympic medals around his neck, swimmer Michael Phelps is once again touting the breakfast of champions.

August 16, 2012 | | Nationwide


Target raises profit outlook on solid 2Q sales

MINNEAPOLIS (AP) - Target Corp. raised its full-year profit projection Wednesday after the cheap-chic discounter reported better-than-expected second-quarter revenue that showed healthy spending in food, beauty, fashion and other items.

August 15, 2012 | | Nationwide


Lacker: Fed's power to fix economy now limited

WASHINGTON (AP) - A voting member of the Federal Reserve's policy committee is cautioning that the Fed's power to fix the U.S. economy is limited now.

August 15, 2012 | | Nationwide


US economic recovery weakest since World War II

WASHINGTON (AP) - The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression.

August 15, 2012 | | Nationwide


Cisco's 4Q earnings rise 56%

SAN JOSE (AP) - Cisco Systems Inc., the world's largest maker of computer networking equipment, is seeing its ambitions cramped by the global economic turmoil, but results for its latest quarter were strong enough that it announced an increase to its dividend.

August 15, 2012 | | Nationwide


Shatner's Negotiator back in new Priceline spot

LOS ANGELES (AP) - William Shatner's Priceline Negotiator isn't a goner, after all. He just went surfing.

August 15, 2012 | | Nationwide


Facebook insiders can sell stock as 'lock-up' ends

MENLO PARK (AP) - Facebook's early investors and a handful of directors will become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that will give many Facebook employees the same right to sell their shares this fall.

August 14, 2012 | | Nationwide


Deals fatigue? Groupon stock 27 percent down

LOS ANGELES (AP) - Groupon's stock is 27 percent cheaper Tuesday, but that doesn't make it a bargain.

August 14, 2012 | | Nationwide


Camry sheds ho-hum image to snare younger car buyers

DETROIT (AP) - A sporty version of the new Camry is helping the car shed its ho-hum image.

August 14, 2012 | | Nationwide


New toilet technology after 150 years

SEATTLE (AP) - These aren't your typical loos. One uses microwave energy to transform human waste into electricity. Another captures urine and uses it for flushing. And still another turns excrement into charcoal.

August 14, 2012 | | Nationwide


Home Depot sees signs of improving housing market

ATLANTA (AP) - The Home Depot Inc. is feeling more optimistic about the recovery of the housing market after customers spent more on sprucing up their homes in the second quarter.

August 14, 2012 | | Nationwide


Higher retail spending lifts economy hopes

WASHINGTON (AP) - Americans increased their retail spending in July by the most in five months, opening their wallets after a frugal spring and offering hope that the slumping economy may rebound in the second half of the year.

August 14, 2012 | | Nationwide


Luxury cars do poorly in new safety crash tests

DETROIT (AP) - Most midsize luxury cars - including the Mercedes-Benz C-Class - performed poorly in a new frontal crash test developed by the Insurance Institute for Highway Safety.

August 14, 2012 | | 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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