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Archive By Section - Nationwide


Facebook valued at up to $95B in IPO price range

NEW YORK (AP) - Facebook, the company that turned the social Web into a cultural and business phenomenon, is worth as much as $95 billion, according to the price range for its upcoming initial public offering of stock.

May 03, 2012 | | Nationwide


Yahoo confirms misleading info on new CEO's resume

SAN FRANCISCO (AP) - A disgruntled Yahoo shareholder questioned the qualifications and integrity of recently hired CEO Scott Thompson after exposing a misrepresentation about the executive's education.

May 03, 2012 | | Nationwide


Samsung reveals new flagship Galaxy smartphone

NEW YORK (AP) - Samsung Electronics Co.'s latest Galaxy phone will have a high-definition touch screen that's nearly twice the size of the iPhone, while being thinner and lighter than Apple's phone.

May 03, 2012 | | Nationwide


Pepsi brings back Michael Jackson in promotion

NEW YORK (AP) - PepsiCo Inc. is going on a reunion tour with The King of Pop.

May 03, 2012 | | Nationwide


Target phasing out Amazon's Kindle

NEW YORK (AP) - Target Corp. is phasing out Amazon.com Inc.'s e-reader Kindle at its more than 1,700 stores and its website.

May 02, 2012 | | Nationwide


Visa profit rises 30 percent as card use rises

NEW YORK (AP) - Visa said Wednesday that its profit for the first three months of the year was up 30 percent from the year before, primarily because credit card use rose in the United States and overseas.

May 02, 2012 | | Nationwide


Private survey shows hiring slowed last month with just 119,000 positions added

WASHINGTON (AP) - A private survey shows U.S. businesses sharply reduced hiring in April, a cautionary sign two days before the government reports on monthly job growth.

May 02, 2012 | | Nationwide


'The Scream' fetches record $119.9 million

NEW YORK (AP) - One of the art world's most recognizable images - Edvard Munch's "The Scream" - sold Wednesday for a record $119,922,500 at auction in New York City.

May 02, 2012 | | Nationwide


Ex-AOL exec calls Facebook new 'walled garden'

BEVERLY HILLS (AP) - A former AOL executive says Facebook has a lot in common with the one-time online powerhouse.

May 01, 2012 | | Nationwide


BlackBerry-maker RIM unveils prototype

TORONTO (AP) - Research In Motion's new chief executive unveiled a newly-designed BlackBerry smartphone prototype powered by a re-imagined operating system -the very software the company has pinned its future on.

May 01, 2012 | | Nationwide


Factory growth shows economy more resilient

WASHINGTON (AP) - U.S. manufacturing grew last month at the fastest pace in 10 months, suggesting that the economy is healthier than recent data had indicated.

May 01, 2012 | | Nationwide




Consumer spending slowed in March, income increased

WASHINGTON (AP) - Americans increased their spending more slowly in March, a sign that scant pay increases may be causing consumers to become more cautious.

April 30, 2012 | | Nationwide


Prison time for making, selling counterfeit music

FRESNO - Victor Puga Quiroz, 28, of Modesto, and Martin Munoz Peralta, 40, of San Jose, pleaded guilty Monday to conspiring to commit criminal copyright infringement and traffic in counterfeit labels, illicit labels and counterfeit documentation and packaging.

April 30, 2012 | | Nationwide


Coca-Cola denies Monster drink acquisition rumors

NEW YORK (AP) - Monster Beverage Corp.'s shares soared on Monday following a report that Coca-Cola Co. was considering buying the energy drink maker, but the world's biggest soft drink maker later denied the discussions are under way.

April 30, 2012 | | Nationwide


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Articles by Section - Nationwide


Target offers early access to Black Friday deals

MINNEAPOLIS (AP) - Target is planning to offer Black Friday deals before the Thanksgiving holiday, in its latest move to boost sluggish sales heading into the holiday shopping season.

November 10, 2014 | | Nationwide


Postal Service victim of hacking attack

WASHINGTON (AP) - The U.S. Postal Service said Monday it had been hacked, potentially compromising sensitive information about its employees such as names and addresses, Social Security numbers, emergency contacts and other information.

November 10, 2014 | | Nationwide


ARBY’S Q&A

NEW YORK (AP) - Arby's, the chain known for its roast beef sandwiches, is trying to stand out in the crowded fast-food industry. It's marketing its meats as being of superior quality and pushing to let customers know they can order sandwiches sans onions or mayo.

November 04, 2014 | | Nationwide


Oil prices tumble on Saudi discount move for US sales

LONDON (AP) - Oil prices slumped to multi-year lows on Tuesday after Saudi Arabia cut the price of oil sold to the U.S., a move that is shaking an already volatile market but will likely give the world economy an unexpected stimulus.

November 04, 2014 | | Nationwide


Chicken Fries lift Burger King sales

NEW YORK (AP) - Burger King said bringing back its "Chicken Fries" helped sales jump in the U.S. and Canada by the biggest amount in two years.

November 04, 2014 | | Nationwide


‘Call of Duty’ helps game firm score big

SANTA MONICA (AP) - Activision Blizzard Inc., maker of the blockbuster "Call of Duty" video game franchise, said Tuesday that strong sales led to better-than-expected results for its third quarter and raised its full-year forecast. The stock jumped in after-hours trading.

November 04, 2014 | | Nationwide


NEWS FROM BUSINESS WORLD

CVS'S 3Q BENEFITS FROM GENERICS, SPECIALTY DRUGS: WOONSOCKET, R.I. (AP) - CVS Health Corp. reported better-than-expected third-quarter earnings Tuesday as increased use of specialty drugs helped offset missing sales of tobacco products, which the company stopped selling this fall.

November 04, 2014 | | Nationwide


Analyst expects $89B in online holiday sales

NEW YORK (AP) - This year more Americans than ever are expected to make their lists, check them twice, and then click the "add to cart" button.

November 03, 2014 | | Nationwide


Skip check-in; latest hotel room key is your phone

NEW YORK (AP) - Hotels don't want guests to have to linger at the front desk - or even stop by at all.

November 03, 2014 | | Nationwide


Red Lobster goes back into its shell

NEW YORK (AP) - It turns out people go to Red Lobster for the seafood.

November 03, 2014 | | Nationwide


Judge won’t block health screenings

MINNEAPOLIS (AP) - A federal judge on Monday said Honeywell Inc. could begin penalizing workers who refuse to take medical or biometric tests.

November 03, 2014 | | Nationwide


User growth not much to Tweet about

SAN FRANCISCO (AP) - Twitter's third-quarter revenue outpaced expectations, but investors concerned about user growth and holiday-quarter revenue clipped the company's stock price late Monday.

October 27, 2014 | | Nationwide


Dunkin’ rolls out ‘Croissant Donut’

NEW YORK (AP) - Dunkin' Donuts plans to roll out a croissant-doughnut hybrid in the U.S. next week, but the company says please don't call it a "Cronut."

October 27, 2014 | | Nationwide


Pending home sales rise modestly in September

WASHINGTON (AP) - The number of Americans signing contracts to buy homes ticked up only slightly in September, as it remained difficult to qualify for mortgage financing.

October 27, 2014 | | Nationwide


Toyota tops Consumer Reports rankings

DETROIT (AP) - Toyota continues its winning streak atop Consumer Reports' annual reliability rankings.

October 27, 2014 | | Nationwide


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