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Archive By Section - Nationwide


Lacker: Fed's power to fix economy now limited

WASHINGTON (AP) - A voting member of the Federal Reserve's policy committee is cautioning that the Fed's power to fix the U.S. economy is limited now.

August 15, 2012 | | Nationwide


US economic recovery weakest since World War II

WASHINGTON (AP) - The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression.

August 15, 2012 | | Nationwide


Cisco's 4Q earnings rise 56%

SAN JOSE (AP) - Cisco Systems Inc., the world's largest maker of computer networking equipment, is seeing its ambitions cramped by the global economic turmoil, but results for its latest quarter were strong enough that it announced an increase to its dividend.

August 15, 2012 | | Nationwide


Shatner's Negotiator back in new Priceline spot

LOS ANGELES (AP) - William Shatner's Priceline Negotiator isn't a goner, after all. He just went surfing.

August 15, 2012 | | Nationwide


Facebook insiders can sell stock as 'lock-up' ends

MENLO PARK (AP) - Facebook's early investors and a handful of directors will become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that will give many Facebook employees the same right to sell their shares this fall.

August 14, 2012 | | Nationwide


Deals fatigue? Groupon stock 27 percent down

LOS ANGELES (AP) - Groupon's stock is 27 percent cheaper Tuesday, but that doesn't make it a bargain.

August 14, 2012 | | Nationwide


Camry sheds ho-hum image to snare younger car buyers

DETROIT (AP) - A sporty version of the new Camry is helping the car shed its ho-hum image.

August 14, 2012 | | Nationwide


New toilet technology after 150 years

SEATTLE (AP) - These aren't your typical loos. One uses microwave energy to transform human waste into electricity. Another captures urine and uses it for flushing. And still another turns excrement into charcoal.

August 14, 2012 | | Nationwide


Home Depot sees signs of improving housing market

ATLANTA (AP) - The Home Depot Inc. is feeling more optimistic about the recovery of the housing market after customers spent more on sprucing up their homes in the second quarter.

August 14, 2012 | | Nationwide


Higher retail spending lifts economy hopes

WASHINGTON (AP) - Americans increased their retail spending in July by the most in five months, opening their wallets after a frugal spring and offering hope that the slumping economy may rebound in the second half of the year.

August 14, 2012 | | Nationwide


Luxury cars do poorly in new safety crash tests

DETROIT (AP) - Most midsize luxury cars - including the Mercedes-Benz C-Class - performed poorly in a new frontal crash test developed by the Insurance Institute for Highway Safety.

August 14, 2012 | | Nationwide


Chevron refinery deemed hazardous

RICHMOND (AP) - Structural engineers on Monday deemed the site of a Chevron refinery fire in the San Francisco Bay area hazardous for human entry after looking at the failed pipe that leaked and sent a towering plume of black smoke into the sky.

August 13, 2012 | | Nationwide


Number of new credit cards issued up 4%

LOS ANGELES (AP) - Americans are carrying more credit card debt than a year ago, yet the late-payment rate for card holders remains near an 18-year low, an analysis of consumer-credit data shows.

August 13, 2012 | | Nationwide


Phone companies lose broadband subscribers for 1st time to cable firms

NEW YORK (AP) - Phone companies are losing the high-speed Internet game. In the second quarter, the landline phone industry lost broadband subscribers for the first time, as cable companies continued to pile on new household and small business customers, thanks to the higher speeds they offer in most areas.

August 13, 2012 | | Nationwide


Google cutting 4,000 jobs at Motorola unit

NEW YORK (AP) - Google Inc. is making its largest round of layoffs ever as it announced plans to cut about 4,000 jobs at Motorola Mobility just three months after buying the struggling cellphone pioneer.

August 13, 2012 | | Nationwide


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Articles by Section - Nationwide


6 vehicles impounded in UberX sting

PHILADELPHIA (AP) - The city's parking authority lived up to its threats to impound vehicles and fine drivers participating in the UberX ride-sharing service.

October 27, 2014 | | Nationwide


Blue Christmas for Amazon?

NEW YORK (AP) - It might be a blue Christmas for Amazon.

October 23, 2014 | | Nationwide


Union Pacific 3Q profit chugs ahead 19 percent

OMAHA, Neb. (AP) - Union Pacific Corp. delivered a 19 percent increase in its third-quarter profit as the railroad hauled 7 percent more freight and increased rates.

October 23, 2014 | | Nationwide


Cloud business lifts Microsoft’s quarterly results

SAN FRANCISCO (AP) - Microsoft's quarterly profit and revenue sailed past expectations Thursday, as CEO Satya Nadella's push to embrace cloud computing and diversify into mobile devices helped lift sales by 25 percent.

October 23, 2014 | | 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


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