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Netflix's 2Q results riding on subscriber growth

SAN FRANCISCO (AP) - Netflix will provide an update on the growing popularity of its Internet video service and the death march of its DVD-by-mail rental service Tuesday when the company releases its second-quarter earnings.

July 23, 2012 | | Nationwide


Simple questions with not so simple answers

Q. I enjoy reading your column, but I must complain that sometimes you are too long winded in your answers. Why can't you answer a simple question with a simple answer?

July 20, 2012 | | Nationwide


US has fewest cattle in at least 4 decades

WICHITA, Kan. (AP) - A widespread drought that's forcing ranchers to sell off animals has helped shrink the nation's cattle herd to its smallest number in at least four decades.

July 20, 2012 | | Nationwide


DirecTV, Viacom fight to draw in channel punch-out

LOS ANGELES (AP) - Viacom and DirecTV fought a bruising bout over fees to a draw Friday and agreed to a long-term deal that ended a 10-day channel blackout.

July 20, 2012 | | Nationwide


Ford says plug-in van goes 20 miles on electricity

DETROIT (AP) - Ford says a plug-in electric version of its new C-Max small van will be able to go more than 20 miles on battery power alone, and have a range of 550 miles on a tank of gas.

July 20, 2012 | | Nationwide


Verizon's wireless glows as broadband growth hits wall

NEW YORK (AP) - Verizon Communications Inc., parent of the country's largest cellphone carrier, on Thursday said its net income rose 13 percent in the second quarter as its wireless arm pulled in record profits.

July 19, 2012 | | Nationwide


Google's earnings rise as clicks on ads soar

MOUNTAIN VIEW (AP) - Google is getting even better at showing online ads to the right people at the right time. That enabled the Internet search leader to hit analysts' earnings target for the second quarter and reassure investors about the company's moneymaking prowess.

July 19, 2012 | | Nationwide


Microsoft reports first loss as public software company

LOS ANGELES (AP) - Microsoft posted its first quarterly loss in its 26 years as a public company on Thursday as it declared a struggling online ad business a bust and prepared for one of the biggest product updates in its history.

July 19, 2012 | | Nationwide


Yahoo CEO Mayer's pay deal worth more than $59M

SAN JOSE (AP) - Yahoo is giving its new chief executive Marissa Mayer a compensation package worth more than $59 million over the next several years.

July 19, 2012 | | Nationwide


Safeway profit drops amid growing competition

PLEASANTON (AP) - Safeway Inc. said Thursday that its net income fell 16 percent in the second quarter, as the grocery store operator spent more on advertising and rolled out a new loyalty program to stave off growing competition.

July 19, 2012 | | Nationwide


Walgreen, Express Scripts agree to prescriptions resuming in September

NEW YORK (AP) - The Walgreen pharmacy chain will begin filling prescriptions from customers in the Express Scripts network again starting in September under a new multiyear contract that ends a costly impasse between the companies.

July 19, 2012 | | Nationwide


Chipotle shares hit as 2Q revenue falls short despite earnings jump

DENVER (AP) - Chipotle Mexican Grill Inc.'s earnings soared more than 61 percent in the second quarter but its shares plunged in Thursday after-hours trading after the popular restaurant chain's revenue growth missed expectations.

July 19, 2012 | | Nationwide


Weak economy drags AMD's profit down 40%

SUNNYVALE (AP) - Trouble in the global economy dragged Advanced Micro Devices Inc.'s net income down 40 percent in the second quarter, and the world's second-biggest chipmaker warned that revenue will continue to be hurt through the rest of the summer.

July 19, 2012 | | Nationwide


EBay more than doubles 2Q earnings, revenues go up

SAN JOSE (AP) - EBay Inc. more than doubled its second-quarter net income thanks to higher revenue from its PayPal online payments business and its e-commerce websites.

July 18, 2012 | | Nationwide


Doritos taco eases Yum's China heartburn

LOUISVILLE, Ky. (AP) - Yum Brands Inc. was spared more heartburn from a rare profit setback in China thanks in part to Taco Bell's new take on the taco.

July 18, 2012 | | Nationwide


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Articles by Section - Nationwide


America says no to cappuccino potato chips

NEW YORK (AP) - America has rejected the idea of cappuccino-flavored Lay's potato chips.

October 20, 2014 | | Nationwide


Apple Pay Q&A

CUPERTINO (AP) - Apple's mobile payment system, Apple Pay, made its debut Monday. Now you can flash your new iPhone in the checkout line to pay for food, clothing and other goods. There's no need to pull out your credit card.

October 20, 2014 | | Nationwide


UPS increases some rates by 4.9%

ATLANTA (AP) - UPS says it is raising rates for a number of its shipping services by an average of 4.9 percent for 2015.

October 20, 2014 | | Nationwide


Record iPhone sales drive Apple’s 3Q beat

CUPERTINO (AP) - The iPhone again proved to be the engine behind Apple's blockbuster financial performance, driving quarterly results well past expectations.

October 20, 2014 | | Nationwide


Not so fast cordcutters: Cable’s far from dead

NEW YORK (AP) - Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. Customers tired of paying big fees for hundreds of channels they never watch just to have access to a few favorite shows might be expected to start cancelling cable service in droves. Get Netflix, throw in HBO, add a network here and there - why would anyone sign up now for cable?

October 20, 2014 | | Nationwide


Thinner iPads, sharper iMacs in Apple’s lineup

CUPERTINO (AP) - Apple unveiled a thinner iPad Thursday with a faster processor and a better camera as it tries to drive excitement for tablets amid slowing demand. The company also released an update to its Mac operating system and introduced a high-resolution iMac model that might appeal to heavy watchers of television over the Internet.

October 16, 2014 | | Nationwide


Google’s 3Q earnings fall as expenses climb 30%

MOUNTAIN VIEW (AP) - Google's third-quarter earnings slipped as the Internet search leader hired nearly 3,000 more employees while pouring more money into its zest for innovation and quest for new markets.

October 16, 2014 | | Nationwide


Apple Pay is bigger bet than gadgets

CUPERTINO (AP) - Apple showed off thinner iPads and a new iMac with a high-resolution display on Thursday. Sleek and stunning, yes, but not likely to spark the next iRevolution. The tech giant's bigger strategic bet is that mobile pay service Apple Pay, debuting Monday, will be the next thing you didn't know you needed - but now can't live without.

October 16, 2014 | | Nationwide


iPhone glass maker to cut 727 jobs at Arizona plant

MESA, Ariz. (AP) - A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant.

October 16, 2014 | | Nationwide


Google tries to upstage Apple

MOUNTAIN VIEW (AP) - Google is coming out with bigger, more expensive versions of its Nexus phone and tablet to attract more of the affluent consumers who faithfully buy each new generation of Apple's iPhone and iPad. It's also releasing a new streaming video and music device, Nexus Player, to compete with Apple TV and Roku, among others.

October 15, 2014 | | Nationwide


Netflix’s stock plunges, subscriber growth slips

SAN FRANCISCO (AP) - This is a sequel that Netflix shareholders never wanted to see: The world's largest Internet video service has once again turned off potential viewers with a price increase that is punishing the company's stock price.

October 15, 2014 | | Nationwide


HBO Go-ing away from cable, will stand on its own

NEW YORK (AP) - Next year HBO is cutting the cord and selling its popular streaming video service HBO Go as a stand-alone product, as more Americans choose to watch the Web, not the TV. Viewers longing to see "Game of Thrones", "True Detective" and "Veep" will no longer have to pay big bucks for cable and satellite contracts. So, is this the end of pay-TV as we know it?

October 15, 2014 | | Nationwide


Wal-Mart cuts sales outlook due to economy

NEW YORK (AP) - Wal-Mart Stores Inc. cut its revenue outlook for its current fiscal year as it announced it is scaling back its expansion plans for its supercenters next year and stepping up investments in its online operations.

October 15, 2014 | | Nationwide


HP resumes buyback of stock

PALO ALTO (AP) - PC maker Hewlett-Packard said Wednesday it is resuming buybacks and reaffirmed its guidance for 2014 and 2015.

October 15, 2014 | | Nationwide


Twitter to be used for payments at French stores

PARIS (AP) - Did someone spot you money for lunch two weeks ago? In France, Twitter users can now publicly repay debts, donate to charity or chip in for a gift with a new payment service backed by the country's second-largest banking service.

October 14, 2014 | | Nationwide


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