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Facebook raises IPO price as offering nears

NEW YORK (AP) - Already expected to be the largest-ever initial public offering for an Internet company, Facebook is making its IPO even bigger.

May 15, 2012 | | Nationwide


Half of Americans call Facebook a fad

NEW YORK (AP) - Half of Americans think Facebook is a passing fad, according to the results of a new Associated Press-CNBC poll. And, in the run-up to the social network's initial public offering of stock, half of Americans also say the social network's expected asking price is too high.

May 15, 2012 | | Nationwide


Penney has 1Q loss as new pricing repels shoppers

NEW YORK (AP) - Turns out, J.C. Penney shoppers don't prefer predictable pricing over blockbuster bargains - at least not yet.

May 15, 2012 | | Nationwide


Lack of trust in Facebook may hold back ad sales

NEW YORK (AP) - Facebook's reach is wide but not deep. Few users surveyed in an Associated Press-CNBC poll say they click on the site's ads or buy the virtual goods that make money for it.

May 15, 2012 | | Nationwide


Facebook IPO shares tough task for small investors

CHICAGO (AP) - Hoping to get in on Facebook's hotly anticipated public stock offering? You'll need Facebook friends at very high levels - or a lot of money.

May 14, 2012 | | Nationwide


USPS halts closure of 600 urban stations

DES MOINES, Iowa (AP) - The U.S. Postal Service said Monday its decision to halt the closing of more than 3,700 post offices includes roughly 600 urban and suburban postal branch offices and satellite stations.

May 14, 2012 | | Nationwide


West Coast spike in gas prices tied to shuttered oil refineries

PORTLAND, Ore. (AP) - Motorists across most of the country have been getting a break on the price of gas, but not on the West Coast.

May 14, 2012 | | Nationwide


Hyundai car probed after air bag cuts owner's ear

DETROIT (AP) - Federal safety regulators are investigating a complaint that a car owner's ear was cut in half when a side air bag inflated in a Hyundai Elantra.

May 14, 2012 | | Nationwide


Revolving door: Yahoo ushers out another CEO

SAN FRANCISCO (AP) - Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never received.

May 14, 2012 | | Nationwide


No sign of shareholder revolt against Chase CEO

NEW YORK (AP) - JPMorgan Chase CEO Jamie Dimon owned up to stock analysts and went on TV to accept blame for a $2 billion trading mistake. Next he faces shareholders, who are considerably less wealthy since the blunder was disclosed.

May 14, 2012 | | Nationwide


Gambling with Social Security

I find it rather curious that baby boomers, many of whom, in their youth, decried the accumulation of wealth and the materialism of their parents, are the first generation in history to regard Social Security not as the safety net it was intended to be but rather as a pot of gravy to pour over their already meaty investment portfolios.

May 11, 2012 | | Nationwide


Again? Wal-Mart's rep takes another beating

NEW YORK (AP) - In business, you're only as good as your last good deed.

May 11, 2012 | | Nationwide


FDA reviews first rapid, take-home test for HIV

WASHINGTON (AP) - The Food and Drug Administration is considering approval of the first over-the-counter HIV test that would allow consumers to quickly test themselves for the virus at home, without medical supervision.

May 11, 2012 | | Nationwide


FDA delays rules meant to ease sunscreen confusion

WASHINGTON (AP) - Sunscreen confusion won't be over before summer after all. The government is bowing to industry requests for more time to make clear how much protection their lotions really offer.

May 11, 2012 | | Nationwide


Court won't order Google-NSA interactions released

WASHINGTON (AP) - A federal appeals court has turned down a Freedom of Information Act request to disclose National Security Agency records about the 2010 cyberattack on Google users in China.

May 11, 2012 | | Nationwide


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Articles by Section - Nationwide


FTC: Operators of jerk.com site misled consumers

WASHINGTON (AP) - The Federal Trade Commission says the operators of a website called Jerk.com are the ones behaving badly.

April 07, 2014 | | Nationwide


Medicare Advantage pay hike seen

WASHINGTON (AP) - The government has raised its payment estimate for Medicare Advantage plans months ahead of a busy election season during which cuts to the program promise to be a key focus for politicians and voters.

April 07, 2014 | | Nationwide


Yum tests new chicken restaurant

NEW YORK (AP) - As KFC struggles in the U.S., parent company Yum Brands is testing a new chicken restaurant called Super Chix.

April 07, 2014 | | Nationwide


Google’s unorthodox stock split

MOUNTAIN VIEW (AP) - Google is poised to split its stock using an unusual method aimed at keeping co-founders Larry Page and Sergey Brin in control of the Internet's most powerful company.

April 01, 2014 | | Nationwide


13 GM traffic deaths are tied to 57-cent part

WASHINGTON (AP) - The fix for a faulty ignition switch linked to 13 traffic deaths would have cost just 57 cents, members of Congress said Tuesday as they demanded answers from General Motors' new CEO on why the automaker took 10 years to recall cars with the defect.

April 01, 2014 | | Nationwide


Temporary Medicare fees fix gets OK

WASHINGTON (AP) - President Barack Obama Tuesday signed into law legislation to give doctors temporary relief from a flawed Medicare payment formula that threatened them with a 24 percent cut in their fees.

April 01, 2014 | | Nationwide


Senates laud Caterpillar tax strategy

WASHINGTON (AP) - Caterpillar Inc. executives defended a tax strategy Tuesday that has saved the manufacturing giant billions in U.S. taxes. They got support from Republican senators, including one who said the company deserves an award.

April 01, 2014 | | Nationwide


Riders wowed by view from 550-foot Vegas Ferris wheel

LAS VEGAS (AP) - Tourists began taking in the view Monday from a skyline-changing observation wheel that offers a unique overview of sparkling Las Vegas Strip resorts, wide skies and craggy brown mountains in the distance.

March 31, 2014 | | Nationwide


GM recall: Many victims were young motorists

DETROIT (AP) - As the deaths are tallied from General Motors' delayed recall of compact cars, one thing is becoming clear: Of those killed, the majority were young.

March 31, 2014 | | Nationwide


NHTSA requiring rearview cameras

WASHINGTON (AP) - Years late, the Transportation Department issued a rule Monday that will require rearview technology in all new cars and many light trucks - an effort to reduce deaths and serious injuries caused by backup accidents.

March 31, 2014 | | Nationwide


Dating site protests anti- gay-marriage contributor

SAN JOSE (AP) - An online dating service is encouraging its users to stop using the Firefox web browser because the new CEO of the company that makes it supported California's former gay marriage ban.

March 31, 2014 | | Nationwide


Office apps for iPad ushers in new era

SAN FRANCISCO (AP) - Microsoft has released an iPad version of its popular Office software suite, a breakthrough heralding a new era under a CEO who promises to focus more on the devices that people are using instead of trying to protect the company's lucrative Windows franchise.

March 27, 2014 | | Nationwide


$1 trillion student loan debt widens US wealth gap

NEW YORK (AP) - Every month that Gregory Zbylut pays $1,300 toward his law school loans is another month of not qualifying for a decent mortgage.

March 27, 2014 | | Nationwide


Judge won’t dismiss ‘pink slime’ suit

ELK POINT, S.D. (AP) - A South Dakota judge on Thursday refused to throw out a defamation lawsuit against ABC related to its coverage of a meat product called lean, finely textured beef, which critics have dubbed "pink slime."

March 27, 2014 | | Nationwide


Taco Bell’s ads star real-life Ronald McDonalds

NEW YORK (AP) - Taco Bell is name-dropping an unlikely clown to promote its new breakfast menu - Ronald McDonald.

March 27, 2014 | | Nationwide


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