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Archive By Section - Nationwide


Zuckerberg reaped $2.3B gain on stock options

MENLO PARK (AP) - Facebook CEO Mark Zuckerberg reaped a gain of nearly $2.3 billion last year when he exercised 60 million stock options just before the online social networking leader's initial public offering.

April 26, 2013 | | Nationwide


GM: New Corvette to start around $52,000

DETROIT (AP) - General Motors said Friday that a base model of the 2014 Corvette Stingray will start at just under $52,000.

April 26, 2013 | | Nationwide


Safeway's sales disappoint amid rising competition

PLEASANTON (AP) - Safeway Inc. reported revenue for the first quarter that missed Wall Street expectations as the grocer worked to hold down prices and stay competitive.

April 25, 2013 | | Nationwide


Amazon reports lower 1Q earnings, higher revenue

NEW YORK (AP) - Amazon.com Inc.'s net income declined in the first three months of the year even though revenue increased 22 percent, as the online retailer continued to spend heavily on order fulfillment and rights to digital content.

April 25, 2013 | | Nationwide


Starbucks' profit shows Americans need coffee fix

NEW YORK (AP) - Americans may not feel optimistic about the economy but they're still spending more at Starbucks.

April 25, 2013 | | Nationwide


Man says insurance won't cover bullet damage

GRAWN, Mich. (AP) - A northern Lower Michigan man is upset insurance doesn't cover the damage done to his mobile home during a neighbor's shootout with police.

April 25, 2013 | | Nationwide


Senate advances bill to tax Internet sales

WASHINGTON (AP) - The Senate moved closer Thursday to passing a bill to tax purchases made over the Internet. But a final vote in the Senate was delayed until senators return from a weeklong vacation.

April 25, 2013 | | Nationwide


Pot smokers can be fired, even in Colo.

DENVER (AP) - Medical and recreational marijuana may be legal in Colorado, but employers in the state can lawfully fire workers who test positive for the drug, even if it was used off duty, according to a court ruling Thursday.

April 25, 2013 | | Nationwide


Exxon 1Q earnings rise, production slips again

NEW YORK (AP) - Growing is hard for a company as big as Exxon.

April 25, 2013 | | Nationwide


Zynga reports lower 1Q revenue, shares fall more than 10 percent

SAN FRANCISCO (AP) - Zynga Inc.'s surprise profit in the first three months of the year got overshadowed by a revenue decline, a drop in the number of users and a lower-than-expected second-quarter forecast.

April 24, 2013 | | Nationwide


Google pays CEO a buck, 4 others get $124M

MOUNTAIN VIEW (AP) - Google CEO Larry Page and his longtime partner Sergey Brin limited their salaries to $1 apiece last year, while four other top executives received combined compensation packages totaling more than $124 million.

April 24, 2013 | | Nationwide


How a phony tweet and computer trades sank stocks by $134 billion

NEW YORK (AP) - For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble.

April 24, 2013 | | Nationwide


Microsoft to hold Xbox event on May 21 to showcase next console

REDMOND, Wash. (AP) - Microsoft is inviting journalists to an Xbox event at its Redmond., Wash., headquarters that will likely shed light on its next video game console.

April 24, 2013 | | Nationwide


Fed: Redesigned $100 bill will be ready by October

WASHINGTON (AP) - The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target.

April 24, 2013 | | Nationwide


Apple to dole out $100B to shareholders

CUPERTINO (AP) - Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. At the same time, the company said revenue for the current quarter could fall from the year before, which would be the first decline in many years.

April 23, 2013 | | Nationwide


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Articles by Section - Nationwide


Get ready for 3% down home loans

WASHINGTON (AP) - Some Americans will soon be able to buy a home with a down payment as low as 3 percent, compared with the current minimum of 5 percent, the mortgage giants Fannie Mae and Freddie Mac say.

December 08, 2014 | | Nationwide


BIG MAC ATTACKS DECLINING

NEW YORK (AP) - Hold the pickles, onions and special sauce. The Big Mac is becoming a victim of finicky tastes.

December 08, 2014 | | Nationwide


Portland asks judge to stop Uber

PORTLAND, Ore. (AP) - Portland leaders are trying to make Uber's stay a short one.

December 08, 2014 | | Nationwide


Average Affordable Care premiums going up in 2015

WASHINGTON (AP) - Many people covered under President Barack Obama's health care law will face higher premiums next year, the administration acknowledged Thursday. While the average increases are modest, it's more fodder for the nation's political battles over health care.

December 04, 2014 | | Nationwide


Starbucks to push more food, offer mobile ordering

NEW YORK (AP) - Starbucks plans to let customers across the U.S. order ahead on their smartphones over the next year, a move that should help shrink lines as it pushes more snacks, sandwiches and even wine.

December 04, 2014 | | Nationwide


Apple says plaintiffs’ iPods not covered by suit

SAN FRANCISCO (AP) - For want of an iPod, a billion-dollar lawsuit may be in jeopardy.

December 04, 2014 | | Nationwide


Medicare Advantage enrollment deadline looms

Millions of Medicare Advantage customers are fast approaching a deadline for a task they'd rather avoid: Researching and then settling on coverage plans for 2015.

December 03, 2014 | By TOM MURPHY AP Business Writer | Nationwide


Air bag maker balks at coast-to-coast recall

WASHINGTON (AP) - Japan's Takata Corp. rejected federal regulators' demand Wednesday for an expanded, nationwide recall of millions of air bags, setting up a possible legal showdown and leaving some drivers to wonder about the safety of their cars.

December 03, 2014 | | Nationwide


House OKs bill to widen federal help for disabled

WASHINGTON (AP) - In a bipartisan show of unity, the House overwhelmingly approved a bill Wednesday to allow Americans with disabilities to open tax-free bank accounts to pay for expenses from education to housing and health care.

December 03, 2014 | | Nationwide


Girl Scouts byting into digital for cookie sales

NEW YORK (AP) - Watch out world, the Girl Scouts are going digital to sell you cookies.

December 02, 2014 | | Nationwide


Cyber Monday gives retailers sales bump

NEW YORK (AP) - Cyber Monday is turning into Cyber Month.

December 02, 2014 | | Nationwide


Death toll from GM ignition switches rises to 36

DETROIT (AP) - At least 36 people have died and 44 have been seriously injured in crashes involving General Motors cars with defective ignition switches.

December 02, 2014 | | Nationwide


Black Friday gets a little less frenzied

NEW YORK (AP) - Black Friday seemed a little less crazy this year.

November 29, 2014 | | Nationwide


Kickoff to Christmas: Thinner crowds, protests, alcohol

NEW YORK (AP) - Black Friday shoppers are starting to look like procrastinators.

November 29, 2014 | | Nationwide


Plunging crude prices hammer energy companies

NEW YORK (AP) - A decision by OPEC this week to maintain current levels of oil production hammered major energy companies in the U.S. and abroad.

November 29, 2014 | | Nationwide


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