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Archive By Section - Nationwide


Fed links interest rates to 6.5% unemployment

WASHINGTON (AP) - The Federal Reserve said Wednesday that it plans to keep interest rates ultra-low even after unemployment falls close to a normal level - which it thinks could take three more years.

December 12, 2012 | | Nationwide


Business Briefs

NYC MAYOR HITS BRAKES ON PEDICAB RATES DECISION: NEW YORK (AP) - Mayor Michael Bloomberg hit the brakes Wednesday on a proposal to keep tourist-toting pedicabs from charging confusing, sometimes exorbitant rates.

December 12, 2012 | | Nationwide


FAST FACTS

COMING SOON: Changes to Facebook's privacy controls, to make them easier to find and understand.

December 12, 2012 | | Nationwide


Bernanke says fiscal cliff already hurting economy

WASHINGTON (AP) - The U.S. economy is already being hurt by the "fiscal cliff" standoff in Washington, Federal Reserve Chairman Ben Bernanke said Wednesday. But Bernanke said the Fed believes the crisis will be resolved without significant long-term damage.

December 12, 2012 | | Nationwide


Three US airlines adding Internet on overseas flights

NEW YORK (AP) - Airline passengers can already get online 30,000 feet over Oklahoma. Soon U.S. airlines will offer Internet connections over the ocean, too.

December 12, 2012 | | Nationwide


Top chefs join call for gender-neutral Easy-Bake

PROVIDENCE, R.I. (AP) - Some well-known male chefs are getting behind a New Jersey girl's call for Hasbro to make a gender-neutral Easy-Bake Oven.

December 11, 2012 | | Nationwide


Microsoft increases Surface tablet production

NEW YORK (AP) - Microsoft says it's increasing production of its Surface tablets and will sell them in more stores. Staples says it will start carrying them starting Wednesday.

December 11, 2012 | | Nationwide


Exxon: Energy revival has staying power; expects USA to lead world in production

NEW YORK (AP) - Exxon says the energy renaissance in the U.S. will continue and predicts that North America will become a net exporter of oil and natural gas by the middle of the next decade.

December 11, 2012 | | Nationwide


Lawsuit claims A&E's 'Storage Wars' show is rigged

LOS ANGELES (AP) - Some of the valuables found hidden in abandoned lockers on A&E's "Storage Wars" have been added by producers to deceive viewers, a former cast member of the show claims in a lawsuit filed Tuesday.

December 11, 2012 | | Nationwide


Yahoo revamps email to catch up with Gmail

SUNNYVALE (AP) - Yahoo is spiffing up and expanding its email service in an attempt to regain some of the ground lost to a Google alternative that lured away millions of users.

December 11, 2012 | | Nationwide


As 'fiscal cliff' looms, voter angst is palpable

HOOKSETT, N.H. (AP) - Five hundred miles from Washington, the lunch crowd at Robie's Country Store and Deli is filled with angst over America's elected leaders and their latest struggle to prevent a fiscal crisis.

December 11, 2012 | | Nationwide


Wash. sues Fla. firm over text message spam

SEATTLE (AP) - Washington state Attorney General Rob McKenna's office filed has filed a lawsuit targeting a Florida-based company accused of sending people unsolicited text messages, calling it another form of spam that annoys people and costs them money.

December 10, 2012 | | Nationwide


Business Briefs

NEW DIRECTV CUSTOMERS TO PAY $3 A MONTH FOR SPORTS: LOS ANGELES (AP) - DirecTV has started charging new customers $3 more per month if they want a package that includes multiple regional sports networks.

December 10, 2012 | | Nationwide


Treasury announces final AIG stock sale

WASHINGTON (AP) - The U.S. government said Monday that it is selling its remaining shares of American International Group stock, moving to close the books on the government's biggest bailout during the 2008 financial crisis.

December 10, 2012 | | Nationwide


AP source: HSBC to pay $1.9B to settle probe

WASHINGTON (AP) - HSBC, the British banking giant, will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States, a law enforcement official said Monday.

December 10, 2012 | | Nationwide


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Articles by Section - Nationwide


Pizza Hut’s revamp: Curry crusts & balsamic drizzle

NEW YORK (AP) - Pizza Hut is letting customers play mad scientist, giving them the freedom to make pies with honey Sriracha sauce or add curry flavor to the crusts.

November 10, 2014 | | Nationwide


Target offers early access to Black Friday deals

MINNEAPOLIS (AP) - Target is planning to offer Black Friday deals before the Thanksgiving holiday, in its latest move to boost sluggish sales heading into the holiday shopping season.

November 10, 2014 | | Nationwide


Postal Service victim of hacking attack

WASHINGTON (AP) - The U.S. Postal Service said Monday it had been hacked, potentially compromising sensitive information about its employees such as names and addresses, Social Security numbers, emergency contacts and other information.

November 10, 2014 | | Nationwide


ARBY’S Q&A

NEW YORK (AP) - Arby's, the chain known for its roast beef sandwiches, is trying to stand out in the crowded fast-food industry. It's marketing its meats as being of superior quality and pushing to let customers know they can order sandwiches sans onions or mayo.

November 04, 2014 | | Nationwide


Oil prices tumble on Saudi discount move for US sales

LONDON (AP) - Oil prices slumped to multi-year lows on Tuesday after Saudi Arabia cut the price of oil sold to the U.S., a move that is shaking an already volatile market but will likely give the world economy an unexpected stimulus.

November 04, 2014 | | Nationwide


Chicken Fries lift Burger King sales

NEW YORK (AP) - Burger King said bringing back its "Chicken Fries" helped sales jump in the U.S. and Canada by the biggest amount in two years.

November 04, 2014 | | Nationwide


‘Call of Duty’ helps game firm score big

SANTA MONICA (AP) - Activision Blizzard Inc., maker of the blockbuster "Call of Duty" video game franchise, said Tuesday that strong sales led to better-than-expected results for its third quarter and raised its full-year forecast. The stock jumped in after-hours trading.

November 04, 2014 | | Nationwide


NEWS FROM BUSINESS WORLD

CVS'S 3Q BENEFITS FROM GENERICS, SPECIALTY DRUGS: WOONSOCKET, R.I. (AP) - CVS Health Corp. reported better-than-expected third-quarter earnings Tuesday as increased use of specialty drugs helped offset missing sales of tobacco products, which the company stopped selling this fall.

November 04, 2014 | | Nationwide


Analyst expects $89B in online holiday sales

NEW YORK (AP) - This year more Americans than ever are expected to make their lists, check them twice, and then click the "add to cart" button.

November 03, 2014 | | Nationwide


Skip check-in; latest hotel room key is your phone

NEW YORK (AP) - Hotels don't want guests to have to linger at the front desk - or even stop by at all.

November 03, 2014 | | Nationwide


Red Lobster goes back into its shell

NEW YORK (AP) - It turns out people go to Red Lobster for the seafood.

November 03, 2014 | | Nationwide


Judge won’t block health screenings

MINNEAPOLIS (AP) - A federal judge on Monday said Honeywell Inc. could begin penalizing workers who refuse to take medical or biometric tests.

November 03, 2014 | | Nationwide


User growth not much to Tweet about

SAN FRANCISCO (AP) - Twitter's third-quarter revenue outpaced expectations, but investors concerned about user growth and holiday-quarter revenue clipped the company's stock price late Monday.

October 27, 2014 | | Nationwide


Dunkin’ rolls out ‘Croissant Donut’

NEW YORK (AP) - Dunkin' Donuts plans to roll out a croissant-doughnut hybrid in the U.S. next week, but the company says please don't call it a "Cronut."

October 27, 2014 | | Nationwide


Pending home sales rise modestly in September

WASHINGTON (AP) - The number of Americans signing contracts to buy homes ticked up only slightly in September, as it remained difficult to qualify for mortgage financing.

October 27, 2014 | | Nationwide


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