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Archive By Section - Nationwide


Penney shares soar on upbeat outlook for 2012 following pricing strategy shift

NEW YORK (AP) - J.C. Penney Co. shares soared nearly 19 percent Thursday after the department store chain delivered a 2012 profit outlook that was well above analysts' projections.

January 26, 2012 | | Nationwide


Taco Bell enters crowded fast food breakfast arena

LOUISVILLE, Ky. (AP) - Yo quiero Taco Bell breakfast burrito!

January 26, 2012 | | Nationwide


Business nation briefs

MOTOROLA SUFFERS 4Q LOSS AS GOOGLE SALE LOOMS: LIBERTYVILLE, Ill. (AP) - Motorola Mobility sank to a fourth-quarter loss while trying to close its proposed $12.5 billion sale to Google. The setback, announced Thursday, came amid fierce competition in the markets for smartphones and tablet computers.

January 26, 2012 | | Nationwide


Fed says full recovery could take 3 more years

WASHINGTON (AP) - The Federal Reserve signaled Wednesday that a full economic recovery could take nearly three more years, and it went further than ever to assure consumers and businesses that they will be able to borrow cheaply well into the future.

January 26, 2012 | | Nationwide


Netflix customers return stock soars

SAN FRANCISCO (AP) - Netflix has regained almost as many customers as it lost following an unpopular price increase, signaling that the video subscription service is healing from its self-inflicted wounds.

January 26, 2012 | | Nationwide


Apple briefly passes Exxon as most valuable firm

NEW YORK (AP) - Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

January 26, 2012 | | Nationwide


Fed says full recovery could take 3 more years

WASHINGTON (AP) - The Federal Reserve signaled Wednesday that a full economic recovery could take nearly three more years, and it went further than ever to assure consumers and businesses that they will be able to borrow cheaply well into the future.

January 25, 2012 | | Nationwide


Netflix customers return stock soars

SAN FRANCISCO (AP) - Netflix has regained almost as many customers as it lost following an unpopular price increase, signaling that the video subscription service is healing from its self-inflicted wounds.

January 25, 2012 | | Nationwide


Apple briefly passes Exxon as most valuable firm

NEW YORK (AP) - Apple briefly surpassed Exxon as the most valuable U.S. company after an excellent quarter, though the oil company has regained the lead at the market's close.

January 25, 2012 | | Nationwide


Apple doubles iPhone sales in 1Q

CUPERTINO (AP) - The iPhone is taking over Apple.

January 24, 2012 | | Nationwide


Payroll tax negotiations open amid optimism

WASHINGTON (AP) - Negotiations to renew a payroll tax cut for 160 million workers and jobless benefits for millions more kicked off on Capitol Hill on Tuesday, with both sides optimistic of an agreement despite last year's bitter battles over President Barack Obama's jobs proposals.

January 24, 2012 | | Nationwide


Verizon posts $2B 4Q loss on pension plan; iPhone usage gamble

NEW YORK (AP) - Verizon paid dearly to put iPhones in the hands of subscribers in the latest quarter, holding back its profits in the hope that its customers will rack up higher monthly bills and stay loyal.

January 24, 2012 | | Nationwide




Study finds tablet, e-book ownership soared in 90 days

SAN FRANCISCO (AP) - Tablets and e-readers were a popular gift over the holidays, so much so that the number of people who own them nearly doubled between mid-December and January, a new study finds.

January 23, 2012 | | Nationwide


Starbucks adding brew that can get you a different kind of buzz

SEATTLE (AP) - Starbucks Corp., the company that proved there's no such thing as paying too much for a cup of coffee, is expanding its experiment with two other elixirs that Americans love, wine and beer.

January 23, 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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