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Archive By Section - Nationwide


Yelp reports narrower 4Q loss as revenue climbs to $41.2 million

SAN FRANCISCO (AP) - Online reviews site Yelp Inc. reported a narrower fourth-quarter loss on Wednesday as visitors to its website and apps grew from a year ago, before it had gone public.

February 06, 2013 | | Nationwide


CVS Caremark's 4Q profit rises 6%

NEW YORK (AP) - CVS Caremark's fourth-quarter earnings climbed 6 percent, as revenue from its established drugstores grew and new customers helped its pharmacy services segment.

February 06, 2013 | | Nationwide


Treasury resumes borrowing, repays pension fund

WASHINGTON (AP) - The Treasury Department said Wednesday that it has resumed borrowing now that Congress has approved a temporary measure that allows the government to take on billions of dollars in debt to fund its most basic operations.

February 06, 2013 | | Nationwide


Railroads expect to hire 11,000 this year

OMAHA, Neb. (AP) - America's major freight railroads expect to hire 11,000 people and invest $13 billion in their rail networks and equipment this year.

February 06, 2013 | | Nationwide


Visa's fiscal 1Q net income jumps 25%

LOS ANGELES (AP) - Shoppers hit stores for the holidays in the final months of 2012 and it seems many of them were armed with credit and debit cards using the Visa network.

February 06, 2013 | | Nationwide


Personal computer maker Dell to go private in $24.4B deal led by founder

SAN FRANCISCO (AP) - Slumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since the Great Recession dried up the financing for such risky maneuvers.

February 05, 2013 | | Nationwide


Shutterfly shares soar on 50% profit growth

REDWOOD CITY (AP) - Shutterfly Inc. on Tuesday reported a 50 percent jump in quarterly profit as more customers snapped up its photo prints, photo gifts and stationery during the holidays. The results blew past Wall Street estimates and the online photo service also forecast better-than-expected results for 2013.

February 05, 2013 | | Nationwide


Monopoly fans vote to toss 1 token, add new piece

PAWTUCKET, R.I. (AP) - The end is near for the shoe, wheelbarrow or iron in the classic Monopoly game as fans vote in the final hours on which token to eliminate and which piece to replace it.

February 05, 2013 | | Nationwide


Zynga 4Q loss narrows as game maker cuts costs

SAN FRANCISCO (AP) - Online games company Zynga said its loss narrowed in the latest quarter even though revenue was largely unchanged as the company cut expenses by laying off workers, closing offices and shutting down poorly performing games.

February 05, 2013 | | Nationwide


18 charged in $200M credit card fraud

NEWARK, N.J. (AP) - Eighteen people have been charged in what may be one of the nation's largest credit card fraud rings, a sprawling international scam that duped credit rating agencies and used thousands of fake identities to steal at least $200 million, federal authorities said Tuesday.

February 05, 2013 | | Nationwide


Twitter grabs Super Bowl spotlight with record 24.1 million posts Sunday

SAN FRANCISCO (AP) - Beyonce's splashy show, a freak power outage, and -oh, yeah- a captivating game of football combined to generate a record 24.1 million posts on Twitter during Sunday night's Super Bowl.

February 04, 2013 | | Nationwide


McDonald's to put 'Fish McBites' in Happy Meals

NEW YORK (AP) - McDonald's says it is offering its first new Happy Meal entree in a decade: Fish McBites.

February 04, 2013 | | Nationwide


Oracle to buy Acme Packet for about $2.1B

REDWOOD SHORES (AP) - Oracle will Acme Packet Inc., which makes equipment for telecommunications companies, for about $2.1 billion.

February 04, 2013 | | Nationwide


Beer will help power Alaska brewery

JUNEAU, Alaska (AP) - The Alaskan Brewing Co. is going green, but instead of looking to solar and wind energy, it has turned to a very familiar source: beer.

February 04, 2013 | | Nationwide


Test shows Polish 'beef' 75% horsemeat

DUBLIN (AP) - Ireland's government announced Monday that DNA testing has confirmed that Polish meat offcuts imported into Ireland and labeled as beef actually contain up to 75 percent horsemeat, a discovery made as Ireland's food-standards scandal forced a second burger manufacturer to shut operations.

February 04, 2013 | | Nationwide


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Articles by Section - Nationwide


Enticing low rates, but impact on refinancing could be limited

WASHINGTON (AP) - With mortgage rates sliding for a fifth straight week, the possibility of locking in a rate below 4 percent is tempting for consumers and could unleash a wave of refinancing. It may even convince some Americans to buy their first home.

October 23, 2014 | | Nationwide


PulteGroup tops earnings outlook

ATLANTA (AP) - PulteGroup Inc. on Thursday reported third-quarter net income of $140.5 million.

October 23, 2014 | | Nationwide


NEWS FROM BUSINESS WORLD

• CAMEL MAKER REYNOLDS SNUFFS OUT WORKPLACE SMOKING: RICHMOND, Va. (AP) - Camel cigarette maker Reynolds American Inc. is snuffing out smoking in its offices and buildings.

October 22, 2014 | | Nationwide


Early Apple computer sells for $905K

NEW YORK (AP) - A vintage Apple computer that was one of only 50 made in Steve Jobs' garage in 1976 sold for $905,000 at auction on Wednesday, far exceeding pre-sale estimates and outdoing a previous high price of more than $671,000 paid in Germany last year.

October 22, 2014 | | Nationwide


Social Security benefits up an average of $20 a month during 2015

WASHINGTON (AP) - Come January, nearly 60 million Social Security recipients will get benefit increases averaging $20 a month, the third straight year of historically small pay hikes.

October 22, 2014 | | Nationwide


McDonald’s new menu plan: Have it your way

NEW YORK (AP) - After posting yet another disappointing quarter, McDonald's CEO Don Thompson said Tuesday the company hasn't been keeping up with the times and that changes are in store for its U.S. restaurants.

October 21, 2014 | | Nationwide


TWEAKER TOYS

NEW YORK (AP) - Toys R Us is pulling its four collectible dolls based on characters from AMC's hit series "Breaking Bad" after taking heat from a Florida mom who launched a petition campaign last week.

October 21, 2014 | | 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


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