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Archive By Section - Nationwide


How a phony tweet and computer trades sank stocks by $134 billion

NEW YORK (AP) - For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble.

April 24, 2013 | | Nationwide


Microsoft to hold Xbox event on May 21 to showcase next console

REDMOND, Wash. (AP) - Microsoft is inviting journalists to an Xbox event at its Redmond., Wash., headquarters that will likely shed light on its next video game console.

April 24, 2013 | | Nationwide


Fed: Redesigned $100 bill will be ready by October

WASHINGTON (AP) - The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target.

April 24, 2013 | | Nationwide


Apple to dole out $100B to shareholders

CUPERTINO (AP) - Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. At the same time, the company said revenue for the current quarter could fall from the year before, which would be the first decline in many years.

April 23, 2013 | | Nationwide


US immigration bill could slow Indian outsourcers

MUMBAI, India (AP) - Low cost efficiency put India's outsourcing companies at the heart of global business and created a multibillion dollar industry that for years has skated over criticism it was eliminating white collar jobs in rich nations. Now, the industry's long-held fears of a backlash are being realized in its crucial U.S. market.

April 23, 2013 | | Nationwide


AT&T loses contract phone subscribers in 1Q

DALLAS (AP) - AT&T lost phone subscribers from its contract-based plans for the first time in the latest quarter, in a sign that growth in the industry is stalling now that most Americans have smartphones.

April 23, 2013 | | Nationwide


Judge OKs NYC plan for 'e-hailing' yellow taxi cabs

NEW YORK (AP) - The city can experiment with letting taxi seekers hail rides electronically, a judge said Tuesday in a ruling that could clear the way for riders to summon the city's signature yellow cabs with smartphone apps instead of raised arms.

April 23, 2013 | | Nationwide


Wells Fargo raises quarterly dividend to 30 cents

SAN FRANCISCO (AP) - Wells Fargo is raising its quarterly dividend to 30 cents, from 25 cents.

April 23, 2013 | | Nationwide


Home sales slip slip as supply remains tight

WASHINGTON (AP) - Sales of previously occupied U.S. homes dipped in March as the supply remained tight. But the sales pace remained ahead of last year's.

April 22, 2013 | | Nationwide


Netflix's subscriber gains catapult stock

SAN FRANCISCO (AP) - Netflix's move to compete against traditional cable-TV channels with original programming is pulling in more subscribers to its Internet video service and winning back investors who doubted the company's ability to cultivate distinctive entertainment.

April 22, 2013 | | Nationwide


Audit: Vegas taxis overcharged $15M to airport

LAS VEGAS (AP) - Clark County taxicab drivers taking tourists on the scenic route to and from the airport overcharged their passengers an estimated $14.8 million last year, according to a legislative audit released Monday.

April 22, 2013 | | Nationwide


Oak Valley Bank: Net income of $1.3 million for first quarter

OAKDALE − Oak Valley Bancorp - the bank holding company for Oak Valley Community Bank and Eastern Sierra Community Bank - recently reported consolidated net income of $1.3 million for the first quarter.

April 22, 2013 | | Nationwide


McDonald's fails to boost sales with Dollar Menu as sales slump

NEW YORK (AP) - McDonald's managed to eke out a higher profit for its first quarter even as the world's biggest hamburger chain failed to lift sales with its Dollar Menu.

April 19, 2013 | | Nationwide


Social Security is an entitlement

Q: It really gets my goat when I hear politicians refer to Social Security as an entitlement. I worked all my life and paid Social Security taxes all my life. How can they call that an entitlement?

April 19, 2013 | | Nationwide


Suitors back away from Dell bids amid PC slump

NEW YORK (AP) - Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell, and billionaire investor Carl Icahn is reportedly unlikely to follow through on his preliminary acquisition offer, as suitors digest studies showing a staggering decline in PC sales.

April 19, 2013 | | Nationwide


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Articles by Section - Nationwide


Why a grim US economic picture is brightening

WASHINGTON (AP) - When the government updates its estimate Wednesday of how the U.S. economy fared last quarter, the number is pretty sure to be ugly. Horrible even.

June 24, 2014 | | Nationwide


Stocks end lower as traders sell blue chips

NEW YORK (AP) - The stock market had its biggest decline in two weeks Tuesday, led by a sell-off in blue-chip bank and energy stocks. Homebuilders rose after the government reported sales of new homes rose in May to the highest level in six years.

June 24, 2014 | | Nationwide


Eyes on you: Experts reveal police hacking methods

LONDON (AP) - Law enforcement agencies across the globe are taking a page out of the hacker's handbook, using targets' own phones and computers to spy on them with methods traditionally associated with cybercriminals, two computer security groups said Tuesday.

June 24, 2014 | | 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


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