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Retailers report weak sales gains for November

NEW YORK (AP) - Black Friday was no match for Superstorm Sandy.

November 29, 2012 | | Nationwide


11 hot cars at the LA Auto Show

The Los Angeles Auto Show opens to the public Friday. Here are some of the most talked-about vehicles that will be making their world debuts at the event:

November 29, 2012 | By DEE-ANN DURBIN AP Auto Writers | Nationwide


Biz Buzz

• Drought threatens to close Mississippi to barges: ST. LOUIS (AP) - After months of drought, companies that ship grain and other goods down the Mississippi River are being haunted by a potential nightmare: If water levels fall too low, the nation's main inland waterway could become impassable to barges just as the harvest heads to market.

November 29, 2012 | | Nationwide


Fed survey: US economy growing at steady pace

WASHINGTON (AP) - A pickup in consumer spending and steady home sales helped lift economic growth from October through early November in most parts of the United States, according to a Federal Reserve survey released Wednesday. The one exception was the Northeast, which was slowed by Superstorm Sandy.

November 28, 2012 | | Nationwide


BP barred from new US gov't contracts, land leases

WASHINGTON (AP) - The Obama administration put a stop to new federal contracts with BP on Wednesday, admonishing the British oil company for a "lack of business integrity" and also disqualifying it indefinitely from winning new leases to drill on taxpayer-owned lands.

November 28, 2012 | | Nationwide


DeCinces indicted for insider trading

LOS ANGELES (AP) - Former Baltimore Orioles all-star Doug DeCinces and three others were indicted Wednesday on insider trading charges involving the use of information prior to the takeover of a medical device company in California, authorities said.

November 28, 2012 | | Nationwide


Strike idles busiest Port of Los Angeles pie

LOS ANGELES (AP) - Striking workers shut down the largest terminal at the Port of Los Angeles for a second day Wednesday, and the job action later widened to close three terminals at the Port of Long Beach, threatening to paralyze the nation's busiest port complex.

November 28, 2012 | | Nationwide


Microsoft: Windows 8 selling well despite PC slump

SAN FRANCISCO (AP) - Microsoft believes the latest version of its Windows operating system is off to a great start, but it's going to take more than that to prove the revamped software will win over enough people to revive the slumping personal computer market.

November 28, 2012 | | Nationwide


NY man suing Facebook wants his lawyer to stay

BUFFALO, N.Y. (AP) - A New York man claiming part ownership of Facebook indicated Tuesday that his lawyer wants off the case because he's received threats, but he opposed the lawyer's motion to withdraw.

November 28, 2012 | | Nationwide


ConAgra gobbles up store brands with Ralcorp deal

NEW YORK (AP) - ConAgra Foods is set to become the nation's biggest maker of store-brand foods, with a $5 billion purchase of Ralcorp that expands its stake in the growing market for cereals, crackers and other packaged foods sold under private labels.

November 27, 2012 | | Nationwide


Stocks slide on 'fiscal cliff' warning

NEW YORK (AP) - Stocks slumped on Wall Street Tuesday after Senate Majority Leader Harry Reid said he was frustrated by the lack of progress in talks over the U.S. budget impasse in Washington.

November 27, 2012 | | Nationwide


Asia stocks fall as talks over US budget stall

BANGKOK (AP) - Lack of progress in negotiations for a deal to avoid a U.S. budget crisis before a January deadline sent Asian stock markets lower on Wednesday.

November 27, 2012 | | Nationwide


Feds seize 132 domain names to stop knockoff sales

BUFFALO, N.Y. (AP) - More than 100 domain names were seized in an international crackdown on websites that sell counterfeit merchandise, federal authorities said Monday, just in time for the biggest online shopping day of the year.

November 27, 2012 | | Nationwide


Facebook stock climbs after upgrade

NEW YORK (AP) - Facebook's stock is climbing after an upgrade from an analyst who believes Wall Street is underestimating the company's potential to grow revenue.

November 27, 2012 | | Nationwide


HP investor sues company for handling of 2 deals

SAN FRANCISCO (AP) - Hewlett-Packard now has a legal headache to compound its misery as the company tries to recover from a series of setbacks that have hammered its stock price and raised doubts about its future.

November 27, 2012 | | Nationwide


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Articles by Section - Nationwide


Univ. of Phoenix faces government financial aid review

NEW YORK (AP) - Apollo Education Group said the U.S. Department of Education will review the administration of federal student financial aid programs by its University of Phoenix subsidiary.

July 14, 2014 | | Nationwide


Consumer bureau sues law firm

WASHINGTON (AP) - The Consumer Financial Protection Bureau sued a major debt collection law firm on Monday, alleging it is a "mill" that produces shoddy, mass-produced credit-card collection lawsuits.

July 14, 2014 | | Nationwide


Citigroup to pay $7B in mortgages probe

WASHINGTON (AP) - Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades, the Justice Department said Monday.

July 14, 2014 | | Nationwide


1,153 Trump Plaza workers to lose jobs

ATLANTIC CITY, N.J. (AP) - Job losses at Trump Plaza when the Atlantic City casino shuts down in September will be even worse than expected.

July 14, 2014 | | Nationwide


Survival and defeat in Silicon Valley slum

SAN JOSE (AP) - She's a disheveled woman, upper teeth gone, heavy bags slung over her shoulders as she nervously urges on two friends shoving her overloaded shopping cart up a dirt slope. Maria Esther Salazar has been either homeless, in jail, or squatting at someone else's house for 30 years.

July 08, 2014 | | Nationwide


Firms post most jobs in 7 years in May

WASHINGTON (AP) - U.S. employers advertised more jobs in May than in any month in the past seven years, a sign that this year's strong hiring trend is likely to continue.

July 08, 2014 | | Nationwide


Math, science grads earn top dollar

WASHINGTON (AP) - What you study - math and science are a plus - seems to matter more than whether your alma mater is public or private when it comes to finding a high-paying job after college, according to a report released Tuesday by the Education Department.

July 08, 2014 | | Nationwide


Luxury Rolls-Royce car sales soar

LONDON (AP) - They are rolling symbols of wealth and excess, starting at $263,000 a pop, with many buyers choosing custom options that can easily double the price. And they are more popular than ever before.

July 08, 2014 | | Nationwide


Settlement reached in Remington suit

ST. LOUIS (AP) - One of the nation's leading gun manufacturers has reached a settlement in a nationwide lawsuit claiming a popular hunting rifle has a defective trigger mechanism that can cause injury and death.

July 08, 2014 | | Nationwide


After Aereo, what’s next for Internet TV?

LOS ANGELES (AP) - The Supreme Court shot down Aereo's business model this week, but that doesn't mean customers' desire for a better TV experience is gone.

June 26, 2014 | | Nationwide


Ikea raises hourly pay for US retail workers

NEW YORK (AP) - Ikea's U.S. division is raising the minimum wage for thousands of its retail workers, pegging it to the cost of living in each location, instead of its competition.

June 26, 2014 | | Nationwide


Nike 4th quarter net income tops estimates

NEW YORK (AP) - Nike's fiscal fourth-quarter net income rose 5 percent as higher revenue in most geographic regions offset heavy investments in marketing for the World Cup soccer tournament.

June 26, 2014 | | Nationwide


Stocks move lower on Wall Street, led by banks

NEW YORK (AP) - Stocks are closing lower on Wall Street, with banks posting some of the biggest declines.

June 26, 2014 | | Nationwide


Study: Angelenos spend more on housing than others

LOS ANGELES (AP) - A new study finds half of households in metropolitan Los Angeles spend at least 30 percent of their income on rent or mortgage payments - the highest rate among U.S. cities.

June 26, 2014 | | Nationwide


Analysts predict slower June sales for GM

DETROIT (AP) - A number of analysts are predicting that General Motors' June U.S. sales will underperform the overall auto industry, putting the company in danger of losing market share at a critical time.

June 26, 2014 | | Nationwide


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