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Archive By Section - Nationwide


Buffett puts money in ketchup, buys Heinz

NEW YORK (AP) - Billionaire Warren Buffett, the most closely watched investor in America, is putting his money in ketchup, agreeing Thursday to buy H.J. Heinz Co. for $23.3 billion in the richest deal ever in the food industry.

February 14, 2013 | | Nationwide


Sharp fall in US jobless claims boosts outlook

WASHINGTON (AP) - The outlook for the U.S. job market is brightening after a government report showed a sharp drop in the number of Americans applying for unemployment benefits.

February 14, 2013 | | Nationwide


US Airways lands $11 billion merger with American to create world’s largest

DALLAS (AP) - US Airways CEO Doug Parker has landed the big merger he sought for years. Now the soon-to-be CEO of the new American Airlines has to make it work.

February 14, 2013 | | Nationwide


Carnival cancels 12 more cruises on troubled ship

HOUSTON (AP) - Carnival Cruise Lines has canceled a dozen more planned voyages aboard the Triumph and acknowledged that the crippled ship had been plagued by other mechanical problems in the weeks before an engine-room fire left it powerless in the Gulf of Mexico.

February 13, 2013 | | Nationwide


Bizz Buzz

Monster changes label to qualify as 'drink' by FDA

February 13, 2013 | | Nationwide


Cisco's fiscal 2nd quarter earnings earnings above Street expectations

SAN JOSE (AP) - Cisco's latest quarterly report provided further evidence that spending on technology gear is rising modestly in most parts of the world, despite persisting concerns about a still-shaky economy.

February 13, 2013 | | Nationwide


American Airlines, US Airways to merge

DALLAS (AP) - American Airlines and US Airways will merge and create the world's biggest airline. The boards of both companies approved the deal late Wednesday, according to four people close to the situation.

February 13, 2013 | | Nationwide


Yahoo CEO plans to prune company's mobile phone apps

SUN NYVALE (AP) - Yahoo CEO Marissa Mayer thinks the Internet company will be able to please more people with fewer smartphone applications.

February 12, 2013 | | Nationwide


Dow closes at highest level of year, nears record

NEW YORK (AP) - The Dow rose to its highest close of the year, putting it within 1 percent of its record. Stocks gained after impressive results from two big consumer brands.

February 12, 2013 | | Nationwide


CEO: Shareholder lawsuit is 'silly sideshow'

CUPERTINO (AP) - Apple CEO Tim Cook is calling a shareholder lawsuit against the company a "silly sideshow," even as he said he is open to looking at the shareholder's proposals for sharing more cash with investors.

February 12, 2013 | | Nationwide


Federal Trade Communications: 1 in 4 have errors in credit report

WASHINGTON (AP) - One in four consumers found an error in a credit report issued by a major agency, according to a government study released Monday.

February 11, 2013 | | Nationwide


Maker's Mark cutting bourbon alcohol volume

LOUISVILLE, Ky. (AP) - The producer of Maker's Mark bourbon is cutting - likely permanently - the amount of alcohol in each bottle to stretch every drop of the famous Kentucky whiskey. The alcohol volume is being lowered from its historic level of 45 percent to 42 percent - or 90 proof to 84 proof.

February 11, 2013 | | Nationwide


Need surgery? Good luck getting hospital cost

CHICAGO (AP) - Want to know how much a hip replacement will cost? Many hospitals won't be able to tell you, at least not right away - if at all. And if you shop around and find centers that can quote a price, the amounts could vary astronomically, a study found.

February 11, 2013 | | Nationwide


Mountain Dew introduces a breakfast drink

NEW YORK (AP) - If you don't like coffee or tea, Mountain Dew has a new breakfast drink that might perk you up.

February 11, 2013 | | Nationwide


Postal Service lost $1.3B over quarter

WASHINGTON (AP) - The U.S. Postal Service lost $1.3 billion in the final three months of last year, despite a blizzard of campaign advertising for the fall political elections and a big holiday mail and shipping season.

February 08, 2013 | | Nationwide


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Articles by Section - Nationwide


Staples buys Office Depot for $6B to keep pace with change

NEW YORK (AP) - Evolving shopping habits have forced yet another retailer to think outside of the box.

February 04, 2015 | | Nationwide


Shutdown could be 5 days away

LOS ANGELES (AP) - West Coast seaports could shut down in as soon as five days - hobbling U.S. trade with Asia - if dockworkers and their employers cannot reach a new contract, the head of a maritime association warned Wednesday in remarks intended to pressure an agreement after nine months of negotiations.

February 04, 2015 | | Nationwide


Samsung launches Tizen-powered TVs

SEOUL, South Korea (AP) - South Korean electronics giant Samsung Electronics Co. is starting domestic sales of televisions powered by its internally developed operating system.

February 04, 2015 | | Nationwide


Oil price slumps again as US crude inventories surge

NEW YORK (AP) - Oil prices plunged on Wednesday, ending a four-day rally, after the U.S. government reported that crude inventories surged last week.

February 04, 2015 | | Nationwide


Kohl’s 4Q sales metric tops expectations

NEW YORK (AP) - Shares of Kohl's rose Wednesday after the department store operator said it was pleased with its fourth quarter sales and said its base business improved.

February 04, 2015 | | Nationwide


Tech firms hint at more restraint

SAN FRANCISCO (AP) - Technology's big-spending trio of Google, Facebook, and Amazon.com appear to be tightening their belts - at least a notch - in a concession to cost-conscious investors and a strong dollar that's taking a big bite out of their revenue.

February 02, 2015 | | Nationwide


Apple plans to sell as much as $6.5B in bonds

CUPERTINO (AP) - Apple is planning another large bond sale at a time when investors are paying near record premiums for high-quality bonds.

February 02, 2015 | | Nationwide


Viewership record for Super Bowl

NEW YORK (AP) - An estimated 114.4 million people watched New England's thrilling win over Seattle, making it the fifth time in six years that a Super Bowl game has set a record for the most-watched event in U.S. television history.

February 02, 2015 | | Nationwide


HP boss gets raise despite slump

PALO ALTO (AP) - Hewlett-Packard boss Meg Whitman has graduated from the dollar-a-year club, as the struggling company prepares to split up.

February 02, 2015 | | Nationwide


What does Apple do next?

CUPERTINO (AP) - Apple CEO Tim Cook says consumer demand for new iPhones has been "staggering" and "hard to comprehend." That helped the company report record-smashing earnings for its latest quarter and sent the stock climbing more than 7 percent on Wednesday.

January 28, 2015 | | Nationwide


Facebook beats profit expectations

MENLO PARK (AP) - For the seventh quarter in a row Facebook beat profit and revenue forecasts, continuing to win more mobile advertising revenue as most users shift to using the site on smartphones and other portable devices.

January 28, 2015 | | Nationwide


Frenzy forces Vegas White Castle to close

LAS VEGAS (AP) - A 24-hour White Castle location on the Las Vegas Strip that opened to long lines of the burger chain's fans had to close for more than two hours to restock after its grand opening.

January 28, 2015 | | Nationwide


What! Facebook’s down? No storm selfies during outage

MENLO PARK (AP) - No storm selfies, hookups, status updates. With Facebook and Instagram down for nearly an hour overnight, what were legions of users to do?

January 27, 2015 | | Nationwide


iPhone sales smash records

CUPERTINO (AP) - Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.

January 27, 2015 | | Nationwide


Yahoo spinning off Alibaba stake

SUNNYVALE (AP) - Yahoo CEO Marissa Mayer is spinning off the company's $39 billion stake in China's Alibaba Group Holding in a move that wards off a potential shareholder rebellion.

January 27, 2015 | | Nationwide


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