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Funds reconsider investments in gun makers

ALBANY, N.Y. (AP) - From California to New York, teacher and public-worker retirement funds are reconsidering their investments in gun makers and confronting an uncomfortable fact: Their pensions have supported the manufacture of deadly weapons, in some cases the same type of gun used in the Connecticut school shooting.

December 20, 2012 | | Nationwide


Business Briefs

OLIVE GARDEN OWNER SHIFTS COURSE TO FOCUS ON DEALS: NEW YORK (AP) - After new ad campaigns touting the quality of its food failed to spark sales, the parent company of Olive Garden and Red Lobster is retooling its strategy to attract diners with more promotional deals.

December 20, 2012 | | Nationwide


Watchdog: Fannie, Freddie may have lost over $3 billion

WASHINGTON (AP) - A federal watchdog has found that government-controlled Fannie Mae and Freddie Mac may have lost more than $3 billion from big banks' alleged rigging of a key interest rate.

December 19, 2012 | | Nationwide


Discounts abound as stores try to salvage season

NEW YORK (AP) - When it comes to fat holiday discounts, better late than never.

December 19, 2012 | | Nationwide


Google launches 'scan and match' music service

LOS ANGELES (AP) - Google is turning on a "scan and match" service for Google Music users to store copies of their songs online, offering for free what Apple charges $25 a year for.

December 19, 2012 | | Nationwide


Instagram says users' photos won't appear in ads

MENLO PARK (AP) - Instagram, the popular mobile photo-sharing service now owned by Facebook, said Tuesday that it will remove language from its new terms of service suggesting that users' photos could appear in advertisements.

December 18, 2012 | | Nationwide


Oracle 2Q earnings rise 18 percent to exceed Wall Street expectations

REDWOOD SHORES (AP) - Snapping out of a summertime lull, Oracle's latest quarter demonstrated that companies have been splurging on software and other technology as the year comes to a close, despite uncertainty about the economy's prospects.

December 18, 2012 | | Nationwide


Facebook CEO Zuckerberg donating $500M in stock

MENLO PARK (AP) - Facebook CEO Mark Zuckerberg says he is donating nearly $500 million in stock to a Silicon Valley charity to focus on health and education issues.

December 18, 2012 | | Nationwide


Smartphone makers post big legal wins

SAN FRANCISCO (AP) - Apple and Samsung, the world's top two smartphone makers, each scored a significant victory on different continents that will allow both to keep selling their products without legal interference this holiday season.

December 18, 2012 | | Nationwide


Too big to jail? Execs avoid laundering charges

NEW YORK (AP) - When the Justice Department announced its record $1.9 billion settlement against British bank HSBC last week, prosecutors called it a powerful blow to a dysfunctional institution accused of laundering money for Iran, Libya and Mexico's murderous drug cartels.

December 18, 2012 | | Nationwide


GM boosts pickup truck deals to help reduce inventory

DETROIT (AP) - With Chevy Silverado and GMC Sierra pickup trucks piling up on dealer lots, General Motors is offering generous deals to thin the stock.

December 17, 2012 | | Nationwide


Mass. fines Morgan Stanley $5M over Facebook IPO

BOSTON (AP) - Morgan Stanley, the lead underwriter for Facebook's troubled public stock offering, has agreed to pay $5 million to Massachusetts' securities regulators after they accused it of disclosing a revenue shortfall only to certain analysts and not the general public.

December 17, 2012 | | Nationwide


Tropicana uses the carrot to squeeze juice sales

NEW YORK (AP) - Tropicana wants more people to drink its juice, so it's extending a carrot - and a bushel of other vegetables.

December 17, 2012 | | Nationwide


Unisex Easy-Bake oven on the way from Hasbro

PROVIDENCE, R.I. (AP) - Hasbro says it will soon reveal a gender-neutral Easy-Bake Oven after meeting with a New Jersey girl who started a campaign calling on the toy maker to make one that appeals to all kids.

December 17, 2012 | | Nationwide


Diet Pepsi plans ad campaign following sweetener tweak

Diet Pepsi plans ad campaign following sweetener tweak

December 17, 2012 | | Nationwide


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Articles by Section - Nationwide


AT&T says DirecTV deal could slow price hikes

NEW YORK (AP) - AT&T's CEO told Congress Tuesday that his company's purchase of DirecTV will help slow increases in programming prices, but won't lead to a decrease in prices.

June 24, 2014 | | Nationwide


Obama says US should have paid maternity leave

WASHINGTON (AP) - President Barack Obama said Monday that the United States should join the rest of the industrialized world and offer paid leave for mothers of newborns.

June 23, 2014 | | Nationwide


Stocks slip below records; FMC falls

NEW YORK (AP) - Stocks fell for the first time in seven days, ending a run that had pushed the indexes to all-time highs, as investors assessed corporate news.

June 23, 2014 | | Nationwide


Court raises bar for securities class action cases

WASHINGTON (AP) - The Supreme Court on Monday made it tougher for investors to join together to sue corporations for securities fraud, a decision that could curb the number of multimillion-dollar legal settlements companies pay out each year.

June 23, 2014 | | Nationwide


Automakers to recall air bags in humid parts of US

DETROIT (AP) - Faulty air bags - which have already led to the recall of millions of cars worldwide - are being blamed for a new round of recalls in the U.S.

June 23, 2014 | | Nationwide


Domino’s offers a ‘Siri’ for mobile orders

NEW YORK (AP) - Domino's is introducing its own version of Siri.

June 16, 2014 | | Nationwide


GM recalls 3.4M more cars for ignition problems

DETROIT (AP) - General Motors says it needs to change or replace the keys for about 3.4 million cars because they could cause the ignition switch to move out of position if they're carrying too much weight.

June 16, 2014 | | Nationwide


DreamWorks mixing faves, newbies in debut

LOS ANGELES (AP) - When AwesomenessTV launched as a YouTube channel two years ago, it was a bet by veteran TV and movie producer Brian Robbins on the ability of teen and tween audiences to find videos they love to watch online.

June 16, 2014 | | Nationwide


FAA OKs commercial drone flights

WASHINGTON (AP) - The Federal Aviation Administration said Tuesday it has granted the first permission for commercial drone flights over land, the latest effort by the agency to show it is loosening restrictions on commercial uses of the unmanned aircraft.

June 10, 2014 | | Nationwide


You have the right to pay taxes

WASHINGTON (AP) - The Internal Revenue Service wants to read taxpayers their rights.

June 10, 2014 | | Nationwide


Hershey clashes with Maryland candidate

WASHINGTON (AP) - The Hershey company says a Maryland candidate is milking its classic chocolate bar for political gain.

June 10, 2014 | | Nationwide


Social Security judges rubber- stamp claims

WASHINGTON (AP) - Amid complaints about lengthy waits for Social Security disability benefits, congressional investigators say nearly 200 administrative judges have been rubber-stamping claims, approving billions of dollars in lifetime payments from the cash-strapped program.

June 10, 2014 | | Nationwide


No more serious safety issues lurking

DETROIT (AP) - A thorough review of General Motors' safety issues is nearing completion and hasn't turned up any more serious problems, the company's CEO said Tuesday.

June 10, 2014 | | Nationwide


Vehicles go on material weight diet

DEARBORN, Mich. (AP) - Roofs made of carbon fiber. Plastic windshields. Bumpers fashioned out of aluminum foam.

June 09, 2014 | | Nationwide


Prodding Congress, Obama acts to ease student debt load

WASHINGTON (AP) - Up to 5 million Americans struggling to make their monthly student loan payments could find relief under a program President Barack Obama expanded Monday, part of an election-year push by Democrats to paint Republicans as blocking common-sense steps that could help the middle class.

June 09, 2014 | | Nationwide


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