Archive By Section - 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.
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.
Chevron refinery deemed hazardous
RICHMOND (AP) - Structural engineers on Monday deemed the site of a Chevron refinery fire in the San Francisco Bay area hazardous for human entry after looking at the failed pipe that leaked and sent a towering plume of black smoke into the sky.
Number of new credit cards issued up 4%
LOS ANGELES (AP) - Americans are carrying more credit card debt than a year ago, yet the late-payment rate for card holders remains near an 18-year low, an analysis of consumer-credit data shows.
Phone companies lose broadband subscribers for 1st time to cable firms
NEW YORK (AP) - Phone companies are losing the high-speed Internet game. In the second quarter, the landline phone industry lost broadband subscribers for the first time, as cable companies continued to pile on new household and small business customers, thanks to the higher speeds they offer in most areas.
Google cutting 4,000 jobs at Motorola unit
NEW YORK (AP) - Google Inc. is making its largest round of layoffs ever as it announced plans to cut about 4,000 jobs at Motorola Mobility just three months after buying the struggling cellphone pioneer.
Judge tentatively OKs $40M Skechers settlement
LOUISVILLE, Ky. (AP) - A federal judge on Monday tentatively approved a $40 million settlement between Skechers USA Inc. and consumers who bought the toning shoes after ads made unfounded claims that the footwear would help people lose weight and strengthen muscles.
Falling GM stock raises government loss on bailout
DETROIT (AP) - U.S. taxpayers will lose $3.3 billion more on the auto industry bailout than the government predicted two months ago, hurt by General Motors' falling stock price.
A quick explanation of those darn Social Security offsets
I can tell from my emails that it's time for me to once again tackle the touchy subject of those misunderstood Social Security offsets. And because so many people don't understand the law, they mistakenly think they are being singled out for Social Security reductions that don't impact anyone else. And they are simply wrong about that.
Federal budget deficit totals $974B through July
WASHINGTON (AP) - The U.S. federal budget deficit increased $70 billion in July and is on track to top $1 trillion for the fourth straight year.
CEO salvages JC Penney 2Q earnings disaster
NEW YORK (AP) - J.C. Penney Co. CEO Ron Johnson hasn't run out of magic yet, as far as Wall Street is concerned.
Corn estimates drop amid deepening drought
ST. LOUIS (AP) - A deepening drought in the nation's farm states has cut further into this fall's harvest, with farmers now expected to pull from their fields the lowest corn yield in more than a decade.
Economic outlook brightens on jobs, recent trade data
Economic outlook brightens on jobs, recent trade data
Health care law's tax hikes are coming
WASHINGTON (AP) - Who gets thumped by higher taxes in President Barack Obama's health care law? The wealthiest 2 percent of Americans will take the biggest hit, starting next year. And the pain will be shared by some who aren't so well off - people swept up in a hodgepodge of smaller tax changes that will help finance health coverage for millions in need.
GM may have electric car breakthrough
DETROIT (AP) - A small battery company backed by General Motors is working on breakthrough technology that could power an electric car 100 or even 200 miles on a single charge in the next two-to-four years, GM's CEO said Thursday.
Articles by Section - Nationwide
Tesla’s 4Q profit falls on strong dollar, delayed shipments
FREMONT (AP) - Electric car maker Tesla Motors' fourth-quarter loss widened to $107.6 million because of the impact of the strong dollar and a delay in shipments of its new all-wheel-drive Model S sedan.
Cybersecurity firm FireEye stock up
SAN FRANCISCO (AP) - FireEye Inc., the high-profile computer security company called in to investigate massive hacks at Sony Pictures and Anthem, reported fourth-quarter earnings Wednesday that show its business is growing but profit so far remains elusive.
Panera beats profit forecasts
ST. LOUIS (AP) - ST. LOUIS (AP) - Panera Bread Co. (PNRA) on Wednesday reported fourth-quarter net income of $48.5 million.
Yelp buying East24 online food ordering
NEW YORK (AP) - Competition for online takeout orders is heating up with Yelp's purchase of Eat24.
Samsung smart TVs eavesdropping?
SEOUL, South Korea (AP) - Watch what you say in your living room. Samsung's smart TV could be listening. And sharing.
Flipboard magazines not just for mobile devices anymore
PALO ALTO (AP) - Smartphones and tablets have been pushing the personal computer aside, thanks in part to popular apps made by mobile-first entrepreneurs like Flipboard CEO Mike McCue.
Apple sets US record with market value above $700B
CUPERTINO (AP) - Apple has set a record on Wall Street: It's the first U.S. company to be worth more than $700 billion based on the value of its stock at the close of trading Tuesday.
California formally opens large solar plant
RIVERSIDE (AP) - One of the nation's largest solar projects was dedicated Monday in the Riverside County desert, as California rushes to expand its use of green power to meet the state's renewable energy requirements.
Is doctor’s office most dangerous place for data?
NEW YORK (AP) - Everyone worries about stolen credit cards or hacked bank accounts, but just visiting the doctor may put you at greater risk for identity fraud.
RadioShack files for bankruptcy
NEW YORK (AP) - A diminished RadioShack will live on, but its future may lie with Sprint.
Yelp beats Street 4Q forecasts with $32.7 million
SAN FRANCISCO (AP) - Yelp Inc. (YELP) on Thursday reported fourth-quarter net income of $32.7 million, after reporting a loss in the same period a year earlier.
Twitter shares flying high
SAN FRANCISCO (AP) - Twitter shares flew nearly 10 percent higher aftermarket, as the messaging service shrank losses and nearly doubled quarterly revenue by drawing more users and expanding its advertising offerings.
Symantec tops 3Q profit forecasts
MOUNTAIN VIEW (AP) - Symantec Corp. (SYMC) on Thursday reported fiscal third-quarter net income of $222 million.
Staples buys Office Depot for $6B to keep pace with change
NEW YORK (AP) - Evolving shopping habits have forced yet another retailer to think outside of the box.
Shutdown could be 5 days away
LOS ANGELES (AP) - West Coast seaports could shut down in as soon as five days - hobbling U.S. trade with Asia - if dockworkers and their employers cannot reach a new contract, the head of a maritime association warned Wednesday in remarks intended to pressure an agreement after nine months of negotiations.
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