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Archive By Section - Nationwide


2012 already looks like a winner for automakers; sales up 11%

DETROIT (AP) - 2012 is already looking like a winner for automakers -- just one month into the year.

February 01, 2012 | | Nationwide


Hot start: Dow and S&P have best January since '97 with 3.4 - 4.4% gains

NEW YORK (AP) - It's the best start for stocks in 15 years.

January 31, 2012 | | Nationwide


Amazon 4Q falls short of Wall Street’s expectations, outlook sends stock lower

NEW YORK (AP) - Shoppers spent more money online this holiday season than ever before, and yet, Amazon -the world's largest Internet retailer- failed to meet Wall Street's sales expectations with its latest financial results.

January 31, 2012 | | Nationwide


Will Facebook deliver an IPO surprise?

NEW YORK (AP) - Facebook founder Mark Zuckerberg turns up at business conventions in a hoodie. "Cocky" is the word used to describe him most often, after "billionaire." He was Time's person of the year at 26.

January 31, 2012 | | Nationwide


Lower returns to raise CalSTRS' unfunded liability

SACRAMENTO (AP) - California's teacher retirement system should lower expectations on its investment earnings in a move that could increase the unfunded liability for the nation's second largest pension fund by nearly $6 billion and require taxpayers to chip in more, according to a consultant's report submitted ahead of the pension board's meeting Thursday.

January 31, 2012 | | Nationwide


Business nation briefs

UNION PACIFIC RECORDS RECORD PROFITS: GILLETTE, Wyo. (AP) - Union Pacific says it was more profitable in 2011 than ever before due in part to coal shipments from Wyoming's Powder River Basin.

January 31, 2012 | | Nationwide


About J.C. Penney's CEO Ron Johnson

NEW YORK (AP) - NAME: Ron Johnson

January 30, 2012 | | Nationwide


JC Penney CEO talks about the chain

NEW YORK (AP) - Everyone in the retail world wants to see if Ron Johnson can work his magic a third time.

January 30, 2012 | | Nationwide


Tech companies team up to combat email scams

NEW YORK (AP) - Google, Facebook and other big tech companies are jointly designing a system for combating email scams known as phishing.

January 30, 2012 | | Nationwide


Private sector unions add members as jobs return

WASHINGTON (AP) - Union membership grew slightly last year, giving labor leaders hope that a period of steep declines has finally bottomed out.

January 27, 2012 | | Nationwide


279,000 federal workers owe IRS back taxes in excess of $3.4 billion & growing

WASHINGTON (AP) - President Barack Obama has preached that all Americans should pay their fair share in taxes, but a government report finds that tens of thousands of federal employees - from staffers in Congress to federal agencies and even Obama's executive office - collectively owe the government billions in back taxes.

January 27, 2012 | | Nationwide


American economy not healthy yet, but it's healing as growth starts picking up

WASHINGTON (AP) - The American economy may not be truly healthy yet, but it's healing.

January 27, 2012 | | Nationwide


Business nation briefs

PG&E FINED $16.8M FOR SHODDY GAS LEAK SURVEYS: SAN FRANCISCO (AP) - State regulators plan to fine Pacific Gas & Electric Co. $16.8 million for failing to perform gas leak surveys in the wake of a deadly pipeline explosion in a San Francisco suburb in 2010.

January 27, 2012 | | Nationwide


Geezers &floozies

Q: I'm part of a group of old geezers who gets together every week at the local coffee place. Social Security is a frequent topic of conversation. At our last meeting, the subject of benefits for divorcees came up.

January 27, 2012 | | Nationwide


Why is investment income taxed less than wage income?

WASHINGTON (AP) - Why do Mitt Romney and other wealthy investors pay lower taxes on the income they make from investments than they would if they earned their millions from wages? Because Congress, through the tax code, has long treated investment more favorably than labor, seeing it as an engine for economic growth that benefits everyone.

January 27, 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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