Archive By Section - Nationwide
HP's 2Q offers hope even as 2-year revenue slump deepens
PALO ALTO (AP) - Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on more profitable areas of technology appear to be easing the pain.
Tesla uses stock, note sale to repay federal government
PALO ALTO (AP) - Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early.
Apple's Cook faces taxing questions
WASHINGTON (AP) - The Senate dragged Apple Inc., the world's most valuable company, into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions in U.S. taxes.
Eminem's publisher sues Facebook over song
DETROIT (AP) - Eminem's song publisher is suing Facebook and an ad agency in Detroit federal court, saying they appropriated one of the rapper's songs.
Poll: Teens migrating to Twitter
WASHINGTON (AP) - Twitter is booming as a social media destination for teenagers who complain about too many adults and too much drama on Facebook, according to a new study published Tuesday about online behavior. It said teens are sharing more personal information about themselves even as they try to protect their online reputations.
Microsoft touts Xbox One as all-in-1 entertainment
REDMOND, Wash. (AP) - Microsoft thinks it has the one.
Yahoo reboots Flickr, offers 1 terabyte of storage
NEW YORK (AP) - Fresh on the heels of its $1.1 billion acquisition of Tumblr, Yahoo says it is rebooting its languishing photo-sharing site Flickr with plans to make it "awesome" again.
Yahoo looks to regain its cool
SAN FRANCISCO (AP) - After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr in a risky acquisition that revolves around the vision and instincts of a 26-year-old entrepreneur who dropped out of high school to pursue his dream of bringing more beauty and creativity to the Internet.
Edison, CPUC reach $37M deal over canyon fire
LOS ANGELES (AP) - The California Public Utilities Commission has reached a proposed $37 million settlement with Southern California Edison over fallen power lines blamed for starting the October 2007 Malibu Canyon Fire.
Apple uses firms outside US to avoid taxes
WASHINGTON (AP) - Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found.
Feds again delay San Onofre nuke restart decision
LOS ANGELES (AP) - Federal regulators have indefinitely delayed a decision on the proposed restart of the shuttered San Onofre nuclear power plant in California, raising new questions Monday about whether the twin reactors will produce electricity again.
Both sides can’t be right
Here is an email from Phil: "I think the Social Security disability program is a complete rip off. I know lots of people getting disability checks who don't deserve them. It seems like anyone can get on disability. Simply get a doctor to sign statement saying you are disabled, and the checks start rolling in. What can we do to stop this scam?"
A year after IPO, Facebook aims to be ad colossus
MENLO PARK (AP) - It was supposed to be our IPO, the people's public offering.
Report: Yahoo nearing $1.1B purchase of Tumblr
NEW YORK (AP) - Yahoo may be on the verge of closing its biggest acquisition under CEO Marissa Mayer, as she tries to attract more traffic and advertising to the Internet company's website.
Articles by Section - 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Google shows off new Android gadgets at conference
SAN FRANCISCO (AP) - Some 1 billion people are now using Android devices, Google said as the company kicked off its two-day developer conference Wednesday in San Francisco.
Stocks edge higher despite economic data
NEW YORK (AP) - The U.S. stock market inched modestly higher Wednesday, recovering more than half of what it lost the day before, as investors were able to set aside two disappointing economic reports.
Justices rule for broadcasters in fight with Aereo
WASHINGTON (AP) - The Supreme Court ruled Wednesday that a startup Internet company has to pay broadcasters when it takes television programs from the airwaves and allows subscribers to watch them on smartphones and other portable devices.
Moody’s upgrades California’s credit to Aa3
SACRAMENTO (AP) - California's credit rating is rebounding, reflecting the relative stability of its state budget.
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