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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


FDA approves injection for melting away double-chin fat

NEW YORK (AP) - The Food and Drug Administration said Wednesday it approved an injection designed to melt away double-chin fat.

April 29, 2015 | | Nationwide


Corinthian students may loans forgiven

WASHINGTON (AP) - A top education official said Wednesday that the 16,000 former Corinthian Colleges students who saw their campuses abruptly close this week will automatically have their federal student loans discharged - but only if they agree to forgo any credits they earned at the schools.

April 29, 2015 | | Nationwide


Forget the watch: Apple’s iPhones are still main event

CUPERTINO (AP) - The iPhone is still the engine behind Apple's phenomenal success, even if attention lately has been focused on its new smartwatch.

April 27, 2015 | | Nationwide


Corinthian closes remaining 28 campuses

WASHINGTON (AP) - Corinthian Colleges canceled classes Monday and shut down all of its remaining 28 ground campuses, displacing about 16,000 students, less than two weeks after the Education Department announced it was fining the for-profit institution $30 million for misrepresentation.

April 27, 2015 | | Nationwide


North Dakota farmers planting crop to be made into jet fuel

BISMARCK, N.D. (AP) - Western North Dakota farmers this year have agreed to plant 6,000 acres of a crop that can be made into jet fuel.

April 27, 2015 | | Nationwide


Google lavishes chairman with $109M pay package

MOUNTAIN VIEW (AP) - Google paid its billionaire Executive Chairman Eric Schmidt nearly $109 million last year while the company's stock slumped.

April 23, 2015 | | Nationwide


Nasdaq sets record high, 15 years after dot-com bubble

NEW YORK (AP) - Fifteen years, one month and thirteen days.

April 23, 2015 | | Nationwide


Trucking group urges move to speed limiters

DETROIT (AP) - The nation's largest trucking industry group wants the government to get moving on a rule requiring electronic speed-limiting devices on big rigs.

April 20, 2015 | | Nationwide


Willie Nelson becomes latest celebrity in marijuana business

SPOKANE, Wash. (AP) - Country music star Willie Nelson announced plans Monday to roll out his own brand of marijuana, capitalizing on his association with pot and the unofficial stoner holiday, 4/20.

April 20, 2015 | | Nationwide


Kraft Mac & Cheese shedding the dyes

NEW YORK (AP) - This is the last year that the original version of Kraft Mac & Cheese sold in the U.S. will contain artificial preservatives or synthetic colors.

April 20, 2015 | | Nationwide


Obama signs overhaul of how Medicare pays doctors

WASHINGTON (AP) - Ending years of last-minute fixes, President Barack Obama on Thursday signed legislation permanently changing how Medicare pays doctors, a rare bipartisan achievement by Democrats and Republicans.

April 17, 2015 | | Nationwide


Don’t panic, college seniors: Jobs for grads likely to grow

WASHINGTON (AP) - The consulting and accounting firm EY is aggressively recruiting on college campuses this spring. The company formerly known as Ernst & Young plans to hire 9,000 graduates from U.S. universities this year, up from 7,500 in 2014. But recruiting isn't as easy as it used to be.

April 17, 2015 | | Nationwide


WikiLeaks site creates online archive of hacked Sony documents

NEW YORK (AP) - Sony's hacking problems aren't over yet.

April 17, 2015 | | Nationwide


US prescription drugs pending jumped 13%

TRENTON, N.J. (AP) - U.S. spending on prescription drugs soared last year, driven up primarily by costly breakthrough medicines, manufacturer price hikes and a surge from millions of people newly insured due to the Affordable Care Act.

April 13, 2015 | | Nationwide


NY attorney general questions work practices of 13 retailers

ALBANY, N.Y. (AP) - New York's attorney general has launched an inquiry into 13 major retailers, questioning the practice of keeping workers on call for shifts on short notice and possible violations of the state requirement to pay hourly staff for at least four hours when they report for work.

April 13, 2015 | | Nationwide


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