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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


Yahoo's interim CEO faces off with shareholders

SAN FRANCISCO (AP) - Yahoo's restless shareholders let interim CEO Ross Levinsohn know that they won't give him much time to fix the troubled company if he gets the job on a permanent basis.

July 12, 2012 | | Nationwide


Scranton mayor slashes city workers' pay to minimum wage in budget move

SCRANTON, Pa. (AP) - A fiscal and political crisis in the nearly-broke northeastern Pennsylvania city of Scranton deepened Tuesday as public employee unions sought to have the mayor held in contempt of court after he defied a judge and slashed workers' pay to minimum wage.

July 10, 2012 | | Nationwide


Openings rose in May, good sign for hiring

WASHINGTON (AP) - U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring.

July 10, 2012 | | Nationwide


Dems want tax cuts for businesses that hire

WASHINGTON (AP) - Democrats began trying to push a bill through the Senate Tuesday slicing taxes for businesses that hire new workers and buy major new equipment. They ran straight into opposition from Republicans who complained that the measure was too timid and sought to refocus the debate on their own economic priorities.

July 10, 2012 | | Nationwide


Comcast sells A&E stake to Disney, Hearst for $3B

NEW YORK (AP) - Comcast's NBCUniversal is selling its stake in A&E Television Networks to Disney and Hearst for $3.03 billion in cash.

July 10, 2012 | | Nationwide


Fitch Ratings keeps United States at top 'AAA' credit rating

WASHINGTON (AP) - Fitch Ratings has retained the U.S. at its top 'AAA' credit rating but also left the outlook negative, citing the failure of Congress and the Obama administration to forge an agreement on reducing the budget deficit.

July 10, 2012 | | Nationwide


Gov't agency proposes simpler mortgage forms

WASHINGTON (AP) - The government proposed rules Monday to help Americans understand the costs and risks of getting a mortgage.

July 09, 2012 | | Nationwide


Americans step up credit card use sharply in May to highest point since Nov. 2007

WASHINGTON (AP) - Americans put more on their credit cards in May than in any single month since November 2007, one month before the Great Recession began.

July 09, 2012 | | Nationwide


Surveillance requests to cellphone carriers surge

WASHINGTON (AP) - Law enforcement agencies in the U.S. made more than 1.3 million requests for consumers' cellphone records in 2011, an alarming surge over previous years that reflected the increasingly gray area between privacy and technology.

July 09, 2012 | | Nationwide


USDA reports corn in 18 states hurt by ongoing drought

DES MOINES, Iowa (AP) - Corn and soybean prices surged Monday after the latest government report showed a widespread drought in the middle of the country is hurting this year's crop.

July 09, 2012 | | Nationwide


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Articles by Section - Nationwide


Amazon debuts mobile payment app, card reader

NEW YORK (AP) - Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through their smartphones and tablets.

August 13, 2014 | | Nationwide


Apple bans use of 2 chemicals in iPhone

SAN FRANCISCO (AP) - Apple is banning the use of two potentially hazardous chemicals during the final assembly of iPhones and iPads as part of the company's latest commitment to protect the factory workers who build its trendy devices.

August 13, 2014 | | Nationwide


Cisco to lay off up to 6,000 workers

SAN JOSE (AP) - Cisco said Wednesday that it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring.

August 13, 2014 | | Nationwide


PBS’ antiques show finds $1M baseball trove

LOS ANGELES (AP) - The PBS series "Antiques Roadshow" says it hit a home run with a collection of 1870s Boston baseball memorabilia.

August 12, 2014 | | Nationwide


Asbestos sales flourish in Asia

VAISHALI, India (AP) - The executives mingled over tea and sugar cookies, and the chatter was upbeat. Their industry, they said at the conference in the Indian capital, saves lives and brings roofs, walls and pipes to some of the world's poorest people.

August 12, 2014 | | Nationwide


‘Advanced Warfare’ jumps Call of Duty predecessors

FOSTER CITY (AP) - It feels like a well-armed Christmas morning at Sledgehammer Games.

August 11, 2014 | | Nationwide


Postal Service loses $2 billion this past spring

WASHINGTON (AP) - The U.S. Postal Service lost $2 billion this spring despite increasing its volume and charging consumers more money to send mail, officials said Monday.

August 11, 2014 | | Nationwide


FDA OKs DNA-based test for colon cancer

WASHINGTON (AP) - The Food and Drug Administration on Monday approved the first screening test for colon cancer that uses patients' DNA to help spot potentially deadly tumors and growths.

August 11, 2014 | | Nationwide


Yelp CEO reviews own business

SAN FRANCISCO (AP) - After Yelp posted the first quarterly profit in its history last week, the online business review site got panned on Wall Street. The company's stock plummeted 11 percent the day after the results came out, wiping out its gains for the year.

August 06, 2014 | | Nationwide


Ways to create better, stronger passwords

NEW YORK (AP) - With the recent news that a Russian hacker ring has amassed some 1.2 billion username and password combinations, it's a good time to review ways to protect yourself online.

August 06, 2014 | | Nationwide


Spiked Sprint- T-Mobile deal may mean lower plan prices

NEW YORK (AP) - The collapse of Sprint's push to buy T-Mobile US could mean fresh options in wireless plans and lower prices for U.S. consumers. But in the long run, tougher competition on prices could lead to slower service and slower expansion of coverage.

August 06, 2014 | | Nationwide


Pandora cuts first-ever direct deal

LOS ANGELES (AP) - Internet radio leader Pandora has come to its first-ever direct licensing deal with artists, a wide-ranging agreement with independent label group Merlin that both said would mean higher payments to artists and more play for them on Pandora stations.

August 06, 2014 | | Nationwide


Wealth gap is slowing growth

WASHINGTON (AP) - Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession.

August 05, 2014 | | Nationwide


Obama seeks executive ways to limit ways to shrink taxes

WASHINGTON (AP) - Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent American companies from reincorporating overseas to shirk U.S. taxes, officials said Tuesday.

August 05, 2014 | | Nationwide


Boom in aspiring real estate brokers

MIAMI (AP) - To motivate a classroom packed with 87 aspiring real estate agents, instructor Keith Grandy started off his one-week, intensive course with the promise of big money: With hard work, fresh licensees in the Miami metro area could make $100,000 a year if they complete at least two transactions per month, according to current property prices and commissions.

August 05, 2014 | | Nationwide


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