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Archive By Section - Nationwide


Companies struggle to popularize mobile money; consumers leery

BARCELONA, Spain (AP) - Mobile money may seem like a hot concept, but consumers aren't warming to it.

March 01, 2013 | | Nationwide


NY judge sends ex-lawyer to prison for 8 years for role in massive tax fraud

NEW YORK (AP) - A former Chicago lawyer who participated in what authorities have called the largest tax fraud in history was sentenced Friday to eight years in prison by a judge who called the scheme to help wealthy clients escape millions of dollars in taxes "breathtaking in its scope and the damage it caused the nation."

March 01, 2013 | | Nationwide


$1B bill in Apple case reduced by $450M

SAN FRANCISCO (AP) - A federal judge on Friday slashed nearly half of the $1 billion damage award a jury ordered Samsung Electronics to pay Apple Inc. after a high-profile trial over the rights to the design and technology running some of the world's most popular smartphones and tablet computers.

March 01, 2013 | | Nationwide


Buffett calls year with 45 pct. Profit jump subpar effort

OMAHA, Neb. (AP) - Most companies would undoubtedly be thrilled with the results Warren Buffett called "subpar" at Berkshire Hathaway because his company's value trailed the overall market.

March 01, 2013 | | Nationwide


Auto sales power ahead in February

DETROIT (AP) - Americans want new cars and trucks, and they're not letting higher gas prices or political dysfunction stand in their way.

March 01, 2013 | | Nationwide


Google clings to cash for acquisitions, tech investment

MOUNTAIN VIEW (AP) - Google plans to cling to its bulging stash of cash to pay for potential acquisitions and other technology investments that might boost future profits, a top executive said Thursday.

February 28, 2013 | | Nationwide


$85 billion in cuts imminent, Senate rejects efforts, finger pointing continues

WASHINGTON (AP) - Squabbling away the hours, the Senate swatted aside last-ditch plans to block $85 billion in broad-based federal spending reductions Thursday as President Barack Obama and Republicans blamed each other for the latest outbreak of gridlock and the administration readied plans to put the cuts into effect.

February 28, 2013 | | Nationwide


Gap's 4th-quarter net income rises 61%

SAN FRANCISCO (AP) - Gap Inc. reported a 61 percent increase in fourth-quarter profits on Thursday, capping a strong year that saw the company's turnaround take hold.

February 28, 2013 | | Nationwide


Facebook buying Atlas ad business from Microsoft

MENLO PARK (AP) - Facebook is buying a set of online advertising tools called Atlas from Microsoft in its latest attempt to build a more effective marketing system around its social network.

February 28, 2013 | | Nationwide


Dow nears record, fueled by strong housing and Fed effort

NEW YORK (AP) - The Dow came within 60 points of its all-time high Wednesday, rising sharply for a second straight day.

February 27, 2013 | | Nationwide


Target 4th quarter hurt by Canada investment, weak holiday sales

NEW YORK (AP) - Target is setting its bullseye on Canada in 2013.

February 27, 2013 | | Nationwide


JC Penney: 4th straight big loss, sales drop

NEW YORK (AP) - Boy, it just wasn't J.C. Penney's year.

February 27, 2013 | | Nationwide


Senate confirms Lew as Treasury secretary

WASHINGTON (AP) - The Senate on Wednesday confirmed Jacob Lew to be Treasury secretary, affirming President Barack Obama's choice of a budget expert at a time when Congress and the White House are at odds over sharp government spending cuts.

February 27, 2013 | | Nationwide


Apple CEO: Great stuff to come

CUPERTINO (AP) - Apple CEO Tim Cook sought to reassure shareholders worried about the company's sagging stock price that the iPhone and iPad maker is on the verge of inventing more breakthrough products that will prove it hasn't lost its creative edge.

February 27, 2013 | | Nationwide


Cuts loom, is government shutdown next?

WASHINGTON (AP) - With big, automatic budget cuts about to kick in, House Republicans are turning to mapping strategy for the next showdown just a month away, when a government shutdown instead of just a slowdown will be at stake.

February 27, 2013 | | 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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