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Archive By Section - 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


American economy not healthy yet, but it's healing as growth starts picking up

WASHINGTON (AP) - The American economy may not be truly healthy yet, but it's healing.

January 27, 2012 | | Nationwide


Business nation briefs

PG&E FINED $16.8M FOR SHODDY GAS LEAK SURVEYS: SAN FRANCISCO (AP) - State regulators plan to fine Pacific Gas & Electric Co. $16.8 million for failing to perform gas leak surveys in the wake of a deadly pipeline explosion in a San Francisco suburb in 2010.

January 27, 2012 | | Nationwide


Geezers &floozies

Q: I'm part of a group of old geezers who gets together every week at the local coffee place. Social Security is a frequent topic of conversation. At our last meeting, the subject of benefits for divorcees came up.

January 27, 2012 | | Nationwide


Why is investment income taxed less than wage income?

WASHINGTON (AP) - Why do Mitt Romney and other wealthy investors pay lower taxes on the income they make from investments than they would if they earned their millions from wages? Because Congress, through the tax code, has long treated investment more favorably than labor, seeing it as an engine for economic growth that benefits everyone.

January 27, 2012 | | Nationwide


Facebook IPO could value it among top firms with value between $75 billion & $100 billion

LOS ANGELES (AP) - When Facebook makes its long-expected debut as a public company this spring, the social-networking company will likely vault into the ranks of the largest public companies in the world, alongside McDonald's, Amazon.com and Bank of America.

January 27, 2012 | | Nationwide


Behind Obama's financial aid 'shopping sheets'

NEW YORK (AP) - President Barack Obama wants to make it easier to size up the cost of college.

January 27, 2012 | | Nationwide


Smokers need not apply for Ohio casinos jobs

CINCINNATI (AP) - Smokers won't be hired at new casinos in Columbus and Toledo, a ban that's been adopted in other industries as employers try to hold down health care costs.

January 26, 2012 | | Nationwide


Gains as businesses spend more, fire less

WASHINGTON (AP) - Businesses are growing more confident in the economy, investing in more equipment and laying off fewer workers.

January 26, 2012 | | Nationwide


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Articles by Section - Nationwide


America says no to cappuccino potato chips

NEW YORK (AP) - America has rejected the idea of cappuccino-flavored Lay's potato chips.

October 20, 2014 | | Nationwide


Apple Pay Q&A

CUPERTINO (AP) - Apple's mobile payment system, Apple Pay, made its debut Monday. Now you can flash your new iPhone in the checkout line to pay for food, clothing and other goods. There's no need to pull out your credit card.

October 20, 2014 | | Nationwide


UPS increases some rates by 4.9%

ATLANTA (AP) - UPS says it is raising rates for a number of its shipping services by an average of 4.9 percent for 2015.

October 20, 2014 | | Nationwide


Record iPhone sales drive Apple’s 3Q beat

CUPERTINO (AP) - The iPhone again proved to be the engine behind Apple's blockbuster financial performance, driving quarterly results well past expectations.

October 20, 2014 | | Nationwide


Not so fast cordcutters: Cable’s far from dead

NEW YORK (AP) - Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. Customers tired of paying big fees for hundreds of channels they never watch just to have access to a few favorite shows might be expected to start cancelling cable service in droves. Get Netflix, throw in HBO, add a network here and there - why would anyone sign up now for cable?

October 20, 2014 | | Nationwide


Thinner iPads, sharper iMacs in Apple’s lineup

CUPERTINO (AP) - Apple unveiled a thinner iPad Thursday with a faster processor and a better camera as it tries to drive excitement for tablets amid slowing demand. The company also released an update to its Mac operating system and introduced a high-resolution iMac model that might appeal to heavy watchers of television over the Internet.

October 16, 2014 | | Nationwide


Google’s 3Q earnings fall as expenses climb 30%

MOUNTAIN VIEW (AP) - Google's third-quarter earnings slipped as the Internet search leader hired nearly 3,000 more employees while pouring more money into its zest for innovation and quest for new markets.

October 16, 2014 | | Nationwide


Apple Pay is bigger bet than gadgets

CUPERTINO (AP) - Apple showed off thinner iPads and a new iMac with a high-resolution display on Thursday. Sleek and stunning, yes, but not likely to spark the next iRevolution. The tech giant's bigger strategic bet is that mobile pay service Apple Pay, debuting Monday, will be the next thing you didn't know you needed - but now can't live without.

October 16, 2014 | | Nationwide


iPhone glass maker to cut 727 jobs at Arizona plant

MESA, Ariz. (AP) - A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant.

October 16, 2014 | | Nationwide


Google tries to upstage Apple

MOUNTAIN VIEW (AP) - Google is coming out with bigger, more expensive versions of its Nexus phone and tablet to attract more of the affluent consumers who faithfully buy each new generation of Apple's iPhone and iPad. It's also releasing a new streaming video and music device, Nexus Player, to compete with Apple TV and Roku, among others.

October 15, 2014 | | Nationwide


Netflix’s stock plunges, subscriber growth slips

SAN FRANCISCO (AP) - This is a sequel that Netflix shareholders never wanted to see: The world's largest Internet video service has once again turned off potential viewers with a price increase that is punishing the company's stock price.

October 15, 2014 | | Nationwide


HBO Go-ing away from cable, will stand on its own

NEW YORK (AP) - Next year HBO is cutting the cord and selling its popular streaming video service HBO Go as a stand-alone product, as more Americans choose to watch the Web, not the TV. Viewers longing to see "Game of Thrones", "True Detective" and "Veep" will no longer have to pay big bucks for cable and satellite contracts. So, is this the end of pay-TV as we know it?

October 15, 2014 | | Nationwide


Wal-Mart cuts sales outlook due to economy

NEW YORK (AP) - Wal-Mart Stores Inc. cut its revenue outlook for its current fiscal year as it announced it is scaling back its expansion plans for its supercenters next year and stepping up investments in its online operations.

October 15, 2014 | | Nationwide


HP resumes buyback of stock

PALO ALTO (AP) - PC maker Hewlett-Packard said Wednesday it is resuming buybacks and reaffirmed its guidance for 2014 and 2015.

October 15, 2014 | | Nationwide


Twitter to be used for payments at French stores

PARIS (AP) - Did someone spot you money for lunch two weeks ago? In France, Twitter users can now publicly repay debts, donate to charity or chip in for a gift with a new payment service backed by the country's second-largest banking service.

October 14, 2014 | | Nationwide


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