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Archive By Section - Nationwide


Cisco to lay off 1,300 employees in latest cutback

SAN JOSE (AP) - Cisco Systems is preparing to lay off about 1,300 workers just a few months after the world's largest maker of computer networking equipment warned that growing economic uncertainty is making it tougher to close sales with its customers.

July 23, 2012 | | Nationwide


Netflix's 2Q results riding on subscriber growth

SAN FRANCISCO (AP) - Netflix will provide an update on the growing popularity of its Internet video service and the death march of its DVD-by-mail rental service Tuesday when the company releases its second-quarter earnings.

July 23, 2012 | | Nationwide


Simple questions with not so simple answers

Q. I enjoy reading your column, but I must complain that sometimes you are too long winded in your answers. Why can't you answer a simple question with a simple answer?

July 20, 2012 | | Nationwide


US has fewest cattle in at least 4 decades

WICHITA, Kan. (AP) - A widespread drought that's forcing ranchers to sell off animals has helped shrink the nation's cattle herd to its smallest number in at least four decades.

July 20, 2012 | | Nationwide


DirecTV, Viacom fight to draw in channel punch-out

LOS ANGELES (AP) - Viacom and DirecTV fought a bruising bout over fees to a draw Friday and agreed to a long-term deal that ended a 10-day channel blackout.

July 20, 2012 | | Nationwide


Ford says plug-in van goes 20 miles on electricity

DETROIT (AP) - Ford says a plug-in electric version of its new C-Max small van will be able to go more than 20 miles on battery power alone, and have a range of 550 miles on a tank of gas.

July 20, 2012 | | Nationwide


Verizon's wireless glows as broadband growth hits wall

NEW YORK (AP) - Verizon Communications Inc., parent of the country's largest cellphone carrier, on Thursday said its net income rose 13 percent in the second quarter as its wireless arm pulled in record profits.

July 19, 2012 | | Nationwide


Google's earnings rise as clicks on ads soar

MOUNTAIN VIEW (AP) - Google is getting even better at showing online ads to the right people at the right time. That enabled the Internet search leader to hit analysts' earnings target for the second quarter and reassure investors about the company's moneymaking prowess.

July 19, 2012 | | Nationwide


Microsoft reports first loss as public software company

LOS ANGELES (AP) - Microsoft posted its first quarterly loss in its 26 years as a public company on Thursday as it declared a struggling online ad business a bust and prepared for one of the biggest product updates in its history.

July 19, 2012 | | Nationwide


Yahoo CEO Mayer's pay deal worth more than $59M

SAN JOSE (AP) - Yahoo is giving its new chief executive Marissa Mayer a compensation package worth more than $59 million over the next several years.

July 19, 2012 | | Nationwide


Safeway profit drops amid growing competition

PLEASANTON (AP) - Safeway Inc. said Thursday that its net income fell 16 percent in the second quarter, as the grocery store operator spent more on advertising and rolled out a new loyalty program to stave off growing competition.

July 19, 2012 | | Nationwide


Walgreen, Express Scripts agree to prescriptions resuming in September

NEW YORK (AP) - The Walgreen pharmacy chain will begin filling prescriptions from customers in the Express Scripts network again starting in September under a new multiyear contract that ends a costly impasse between the companies.

July 19, 2012 | | Nationwide


Chipotle shares hit as 2Q revenue falls short despite earnings jump

DENVER (AP) - Chipotle Mexican Grill Inc.'s earnings soared more than 61 percent in the second quarter but its shares plunged in Thursday after-hours trading after the popular restaurant chain's revenue growth missed expectations.

July 19, 2012 | | Nationwide


Weak economy drags AMD's profit down 40%

SUNNYVALE (AP) - Trouble in the global economy dragged Advanced Micro Devices Inc.'s net income down 40 percent in the second quarter, and the world's second-biggest chipmaker warned that revenue will continue to be hurt through the rest of the summer.

July 19, 2012 | | Nationwide


EBay more than doubles 2Q earnings, revenues go up

SAN JOSE (AP) - EBay Inc. more than doubled its second-quarter net income thanks to higher revenue from its PayPal online payments business and its e-commerce websites.

July 18, 2012 | | Nationwide


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Articles by Section - Nationwide


Legal questions arise for fantasy game biz

NEW YORK (AP) - Some of the newest incarnations of fantasy football look a lot more like gambling than intricate, outsmart-your-opponent strategy games.

August 25, 2014 | | Nationwide


Amazon buys Twitch for $970M

NEW YORK (AP) - Amazon is hoping to become the ESPN of video games.

August 25, 2014 | | Nationwide


TiVo to make version for those without cable

NEW YORK (AP) - Here's a sign more households are going without cable or satellite TV: TiVo Inc. is making a digital video recorder just for so-called cord-cutters.

August 25, 2014 | | Nationwide


Fairchild Semiconductor cutting 1,350 jobs

SAN JOSE (AP) - Chip supplier Fairchild Semiconductor is eliminating about 1,350 jobs in the U.S. and Asia - about 15 percent of its total workforce - to reduce costs.

August 25, 2014 | | Nationwide


Like airlines, hotels get fee-happy

NEW YORK (AP) - Forget bad weather, traffic jams and kids asking, "Are we there yet?" The real headache for many travelers is a quickly-growing list of hotel surcharges, even for items they never use.

August 25, 2014 | | Nationwide


Credit card late payments down in 2Q

LOS ANGELES (AP) - Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit.

August 25, 2014 | | Nationwide


Housing recovery on track

WASHINGTON (AP) - A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.

August 21, 2014 | | Nationwide


Russia may close more McDonald’s

MOSCOW (AP) - Russia's food safety agency said Thursday that it was checking McDonald's restaurants around the country, a day after several branches of the chain were shuttered in Moscow.

August 21, 2014 | | Nationwide


Wealth gap widened in the last decade

NEW YORK (AP) - A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer.

August 21, 2014 | | Nationwide


Gap reports higher profit

SAN FRANCISCO (AP) - Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales.

August 21, 2014 | | Nationwide


Burger King nixes lower-calorie ‘Satisfries’

NEW YORK (AP) - Burger King is getting rid of its lower-calorie french fries at most restaurants after less than a year.

August 13, 2014 | | Nationwide


Amazon debuts mobile payment app, card reader

NEW YORK (AP) - Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through their smartphones and tablets.

August 13, 2014 | | Nationwide


Apple bans use of 2 chemicals in iPhone

SAN FRANCISCO (AP) - Apple is banning the use of two potentially hazardous chemicals during the final assembly of iPhones and iPads as part of the company's latest commitment to protect the factory workers who build its trendy devices.

August 13, 2014 | | Nationwide


Cisco to lay off up to 6,000 workers

SAN JOSE (AP) - Cisco said Wednesday that it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring.

August 13, 2014 | | Nationwide


PBS’ antiques show finds $1M baseball trove

LOS ANGELES (AP) - The PBS series "Antiques Roadshow" says it hit a home run with a collection of 1870s Boston baseball memorabilia.

August 12, 2014 | | Nationwide


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