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Archive By Section - Nationwide


Peet's Coffee & Tea going private for $977.6 million

EMERYVILLE (AP) - Peet's Coffee & Tea is being taken private by a German conglomerate for approximately $977.6 million.

July 23, 2012 | | Nationwide


How Apple's phantom taxes helps hide billions in profit

CUPERTINO (AP) - On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won't reflect its true profit, because the company hides some of it with an unusual tax maneuver.

July 23, 2012 | | Nationwide


Cisco to lay off 1,300 employees in latest cutback

SAN JOSE (AP) - Cisco Systems is preparing to lay off about 1,300 workers just a few months after the world's largest maker of computer networking equipment warned that growing economic uncertainty is making it tougher to close sales with its customers.

July 23, 2012 | | Nationwide


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


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Articles by Section - Nationwide


Volvo Cars plans to open US plant

DETROIT (AP) - Volvo Cars is planning to build its first-ever U.S. assembly plant as part of a push to increase sales here.

March 30, 2015 | | Nationwide


StubHub sues Ticketmaster

NEW YORK (AP) - StubHub is suing Ticketmaster and the Golden State Warriors, alleging it unfairly required fans looking to resell tickets to use Ticketmaster's resale exchange.

March 30, 2015 | | Nationwide


Tesla to unveil new product likely a battery

DETROIT (AP) - Tesla Motors says it will reveal a new product next month, but it's not a car.

March 30, 2015 | | Nationwide


When corporations make mistakes

NEW YORK (AP) - It was a tempest in a coffee cup.

March 27, 2015 | | Nationwide


Diet sodas fall in US; Pepsi takes back No. 2 sales spot

NEW YORK (AP) - Americans bought less soda for the 10th straight year in 2014, with diet sodas shrinking more than their sugary counterparts, according to a report released Thursday.

March 26, 2015 | | Nationwide


Bankruptcy hearing could decide fate of RadioShack

WILMINGTON, Del. (AP) - A hearing on whether to approve the bankruptcy sale of assets of electronics retailer RadioShack opened Thursday with the company seeking court approval of the purported winning bid, and an attorney for a losing bidder describing the auction as a sham and asking a Delaware judge to reopen the sale process.

March 26, 2015 | | Nationwide


‘American Idol’-like talent competition

LOS ANGELES (AP) - For anyone who's ever dreamed of being on "American Idol" or "The Voice" as a performer or judge, a new app seeks to make their fantasy come true.

March 26, 2015 | | Nationwide


New Samsung, HTC phones out April 10

NEW YORK (AP) - New phones from Samsung and HTC will be available in U.S. stores starting April 10.

March 26, 2015 | | Nationwide


FACEBOOK’S MESSENGER

SAN FRANCISCO (AP) - Facebook's Messenger app is evolving into a multitasking tool equipped to send an animated fist bump to a friend at one moment and then get a little business done in the next.

March 25, 2015 | | Nationwide


House panel passes bill banning IRS from using private email

WASHINGTON (AP) - IRS workers would be prohibited from using private email to conduct official business under a bipartisan bill passed Wednesday by the House Ways and Means Committee.

March 25, 2015 | | Nationwide


Heinz buys Kraft to build food giant

NEW YORK (AP) - Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of the world's largest food and beverage companies.

March 25, 2015 | | Nationwide


2 Internet provides sue over neutrality

NEW YORK (AP) - The FCC says the first lawsuits filed against the government's new Internet traffic rules are "premature" and may be dismissed because they were filed too early.

March 25, 2015 | | Nationwide


SeaWorld counters disparaging documentary

ORLANDO, Fla. (AP) - SeaWorld Entertainment Inc. is mounting a public defense of its animal handling in a new advertising campaign that began Monday, after a highly critical 2013 documentary left the park with declining revenue and attendance.

March 24, 2015 | | Nationwide


Drillers scramble to thwart OPEC

NEW YORK (AP) - OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought the U.S. one of the biggest booms in the history of the global oil industry.

March 24, 2015 | | Nationwide


Uber says CFO Brent Callinicos leaving

SAN FRANCISCO (AP) - Ride-sharing company Uber said Monday that CFO Brent Callinicos is leaving the company to spend more time with his family.

March 16, 2015 | | Nationwide


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