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Archive By Section - Nationwide


Retailers deliver solid sales gains during January

NEW YORK (AP) - Americans were shopping in January, but not every store was feeling the love.

February 02, 2012 | | Nationwide


FDA: low levels of fungicide in domestic OJ

WASHINGTON (AP) - The Food and Drug Administration says it has found low levels of an illegal fungicide in orange juice samples taken from Florida manufacturers.

February 02, 2012 | | Nationwide


Woman's small claims victory against Honda resonates

LOS ANGELES (AP) - Heather Peter's computer crashed under the onslaught of messages following her unique victory over Honda in small claims court - a win the California woman is hoping will lead other consumers to reject a class action settlement over defective hybrid cars.

February 02, 2012 | | Nationwide


Status update: Facebook to go public, raise $5 billion

NEW YORK (AP) - Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University.

February 01, 2012 | | Nationwide


2012 already looks like a winner for automakers; sales up 11%

DETROIT (AP) - 2012 is already looking like a winner for automakers -- just one month into the year.

February 01, 2012 | | Nationwide


Hot start: Dow and S&P have best January since '97 with 3.4 - 4.4% gains

NEW YORK (AP) - It's the best start for stocks in 15 years.

January 31, 2012 | | Nationwide


Amazon 4Q falls short of Wall Street’s expectations, outlook sends stock lower

NEW YORK (AP) - Shoppers spent more money online this holiday season than ever before, and yet, Amazon -the world's largest Internet retailer- failed to meet Wall Street's sales expectations with its latest financial results.

January 31, 2012 | | Nationwide


Will Facebook deliver an IPO surprise?

NEW YORK (AP) - Facebook founder Mark Zuckerberg turns up at business conventions in a hoodie. "Cocky" is the word used to describe him most often, after "billionaire." He was Time's person of the year at 26.

January 31, 2012 | | Nationwide


Lower returns to raise CalSTRS' unfunded liability

SACRAMENTO (AP) - California's teacher retirement system should lower expectations on its investment earnings in a move that could increase the unfunded liability for the nation's second largest pension fund by nearly $6 billion and require taxpayers to chip in more, according to a consultant's report submitted ahead of the pension board's meeting Thursday.

January 31, 2012 | | Nationwide


Business nation briefs

UNION PACIFIC RECORDS RECORD PROFITS: GILLETTE, Wyo. (AP) - Union Pacific says it was more profitable in 2011 than ever before due in part to coal shipments from Wyoming's Powder River Basin.

January 31, 2012 | | Nationwide


About J.C. Penney's CEO Ron Johnson

NEW YORK (AP) - NAME: Ron Johnson

January 30, 2012 | | Nationwide


JC Penney CEO talks about the chain

NEW YORK (AP) - Everyone in the retail world wants to see if Ron Johnson can work his magic a third time.

January 30, 2012 | | Nationwide


Tech companies team up to combat email scams

NEW YORK (AP) - Google, Facebook and other big tech companies are jointly designing a system for combating email scams known as phishing.

January 30, 2012 | | Nationwide


Private sector unions add members as jobs return

WASHINGTON (AP) - Union membership grew slightly last year, giving labor leaders hope that a period of steep declines has finally bottomed out.

January 27, 2012 | | Nationwide


279,000 federal workers owe IRS back taxes in excess of $3.4 billion & growing

WASHINGTON (AP) - President Barack Obama has preached that all Americans should pay their fair share in taxes, but a government report finds that tens of thousands of federal employees - from staffers in Congress to federal agencies and even Obama's executive office - collectively owe the government billions in back taxes.

January 27, 2012 | | Nationwide


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Articles by Section - Nationwide


Univ. of Phoenix faces government financial aid review

NEW YORK (AP) - Apollo Education Group said the U.S. Department of Education will review the administration of federal student financial aid programs by its University of Phoenix subsidiary.

July 14, 2014 | | Nationwide


Consumer bureau sues law firm

WASHINGTON (AP) - The Consumer Financial Protection Bureau sued a major debt collection law firm on Monday, alleging it is a "mill" that produces shoddy, mass-produced credit-card collection lawsuits.

July 14, 2014 | | Nationwide


Citigroup to pay $7B in mortgages probe

WASHINGTON (AP) - Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades, the Justice Department said Monday.

July 14, 2014 | | Nationwide


1,153 Trump Plaza workers to lose jobs

ATLANTIC CITY, N.J. (AP) - Job losses at Trump Plaza when the Atlantic City casino shuts down in September will be even worse than expected.

July 14, 2014 | | Nationwide


Survival and defeat in Silicon Valley slum

SAN JOSE (AP) - She's a disheveled woman, upper teeth gone, heavy bags slung over her shoulders as she nervously urges on two friends shoving her overloaded shopping cart up a dirt slope. Maria Esther Salazar has been either homeless, in jail, or squatting at someone else's house for 30 years.

July 08, 2014 | | Nationwide


Firms post most jobs in 7 years in May

WASHINGTON (AP) - U.S. employers advertised more jobs in May than in any month in the past seven years, a sign that this year's strong hiring trend is likely to continue.

July 08, 2014 | | Nationwide


Math, science grads earn top dollar

WASHINGTON (AP) - What you study - math and science are a plus - seems to matter more than whether your alma mater is public or private when it comes to finding a high-paying job after college, according to a report released Tuesday by the Education Department.

July 08, 2014 | | Nationwide


Luxury Rolls-Royce car sales soar

LONDON (AP) - They are rolling symbols of wealth and excess, starting at $263,000 a pop, with many buyers choosing custom options that can easily double the price. And they are more popular than ever before.

July 08, 2014 | | Nationwide


Settlement reached in Remington suit

ST. LOUIS (AP) - One of the nation's leading gun manufacturers has reached a settlement in a nationwide lawsuit claiming a popular hunting rifle has a defective trigger mechanism that can cause injury and death.

July 08, 2014 | | Nationwide


After Aereo, what’s next for Internet TV?

LOS ANGELES (AP) - The Supreme Court shot down Aereo's business model this week, but that doesn't mean customers' desire for a better TV experience is gone.

June 26, 2014 | | Nationwide


Ikea raises hourly pay for US retail workers

NEW YORK (AP) - Ikea's U.S. division is raising the minimum wage for thousands of its retail workers, pegging it to the cost of living in each location, instead of its competition.

June 26, 2014 | | Nationwide


Nike 4th quarter net income tops estimates

NEW YORK (AP) - Nike's fiscal fourth-quarter net income rose 5 percent as higher revenue in most geographic regions offset heavy investments in marketing for the World Cup soccer tournament.

June 26, 2014 | | Nationwide


Stocks move lower on Wall Street, led by banks

NEW YORK (AP) - Stocks are closing lower on Wall Street, with banks posting some of the biggest declines.

June 26, 2014 | | Nationwide


Study: Angelenos spend more on housing than others

LOS ANGELES (AP) - A new study finds half of households in metropolitan Los Angeles spend at least 30 percent of their income on rent or mortgage payments - the highest rate among U.S. cities.

June 26, 2014 | | Nationwide


Analysts predict slower June sales for GM

DETROIT (AP) - A number of analysts are predicting that General Motors' June U.S. sales will underperform the overall auto industry, putting the company in danger of losing market share at a critical time.

June 26, 2014 | | Nationwide


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