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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.

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


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.

August 13, 2012 | | Nationwide


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.

August 13, 2012 | | Nationwide


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.

August 13, 2012 | | Nationwide


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.

August 13, 2012 | | Nationwide


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.

August 13, 2012 | | Nationwide


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.

August 13, 2012 | | Nationwide


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.

August 10, 2012 | | Nationwide


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.

August 10, 2012 | | Nationwide


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.

August 10, 2012 | | Nationwide


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.

August 10, 2012 | | Nationwide


Economic outlook brightens on jobs, recent trade data

Economic outlook brightens on jobs, recent trade data

August 09, 2012 | | Nationwide


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.

August 09, 2012 | | Nationwide


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.

August 09, 2012 | | Nationwide


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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.

February 11, 2015 | | Nationwide


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.

February 11, 2015 | | Nationwide


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.

February 11, 2015 | | Nationwide


Yelp buying East24 online food ordering

NEW YORK (AP) - Competition for online takeout orders is heating up with Yelp's purchase of Eat24.

February 10, 2015 | | Nationwide


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.

February 10, 2015 | | Nationwide


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.

February 10, 2015 | | Nationwide


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.

February 10, 2015 | | Nationwide


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.

February 09, 2015 | | Nationwide


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.

February 09, 2015 | | Nationwide


RadioShack files for bankruptcy

NEW YORK (AP) - A diminished RadioShack will live on, but its future may lie with Sprint.

February 05, 2015 | | Nationwide


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.

February 05, 2015 | | Nationwide


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.

February 05, 2015 | | Nationwide


Symantec tops 3Q profit forecasts

MOUNTAIN VIEW (AP) - Symantec Corp. (SYMC) on Thursday reported fiscal third-quarter net income of $222 million.

February 05, 2015 | | Nationwide


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.

February 04, 2015 | | Nationwide


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.

February 04, 2015 | | Nationwide


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