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Archive By Section - Nationwide


Diamond Foods restates results, shares tumble

SAN FRANCISCO (AP) - Diamond Foods Inc. effectively wiped away $56.5 million in profit from its books Wednesday after it restated two full years of results.

November 14, 2012 | | Nationwide


Starbucks has a new caffeine addiction: tea

NEW YORK (AP) - Starbucks wants to make the tea shop as ubiquitous as its namesake cafes.

November 14, 2012 | | Nationwide


Zynga CFO Wehner deflects to Facebook

SAN FRANCISCO (AP) - Zynga's finance chief is leaving the troubled online game company to join Facebook.

November 13, 2012 | | Nationwide


Microsoft releases IE 10 browser for Windows 7

SAN FRANCISCO (AP) - The latest version of Microsoft's Web browser is now available to the vast audience connecting to the Internet on personal computers running on the Windows 7 operating system.

November 13, 2012 | | Nationwide


Stocks fall in uneven trading; Home Depot soars

NEW YORK (AP) - U.S. stocks closed lower after uneven trading Tuesday as fears about the "fiscal cliff" and Greece tipped major indexes between gains and losses. A surge in Home Depot's stock prevented a steeper drop for the Dow Jones industrial average.

November 13, 2012 | | Nationwide


Best Buy CEO outlines turnaround plans

NEW YORK (AP) - Best Buy's new CEO said Tuesday that its time for the struggling electronics chain to try to embrace one of its biggest problems, "showrooming" - when customers check out electronics at its stores and then buy them cheaper online.

November 13, 2012 | | Nationwide


Cisco first quarter earnings up 18% as American businesses buying again

SAN JOSE (AP) - Cisco Systems Inc., the world's largest maker of computer networking gear, said Tuesday that U.S. companies are starting to spend again, helping Cisco find more solid footing after some shaky months early this year.

November 13, 2012 | | Nationwide


More women have driver's licenses than men

WASHINGTON (AP) - Women have passed men on the nation's roads. More women than men now have driver's licenses, a reversal of a longtime gender gap behind the wheel that transportation researchers say is likely to have safety and economic implications.

November 12, 2012 | | Nationwide


Penney is the day's biggest stock loser

NEW YORK (AP) - J.C. Penney Co. executives may be confident in the department-store chain's everyday low pricing strategy, but its investors are panicking.

November 12, 2012 | | Nationwide


Victoria's Secret apologizes for use of Indian headdress

FLAGSTAFF, Ariz. (AP) - Victoria's Secret has apologized for putting a Native American-style headdress on a model for its annual fashion show.

November 12, 2012 | | Nationwide


RIM to unveil new BlackBerry phones on Jan. 30.

TORONTO (AP) - Research In Motion said Monday that it will hold an official launch event for its new BlackBerry 10 smartphones on Jan. 30. The new phones are seen as critical to RIM's survival.

November 12, 2012 | | Nationwide


Late-payment rate on mortgages declined in 3Q to 5.41 percent

LOS ANGELES (AP) - U.S. homeowners are doing a better job of keeping up with their mortgage payments, aided by an improving housing market and low interest rates that are making it easier to refinance.

November 12, 2012 | | Nationwide


Sliding doors. Seats 7. Not a minivan, Ford says

DEARBORN, Mich. (AP) - It looks like a minivan. It has sliding doors like a minivan. So why isn't Ford calling its new seven-seater a minivan?

November 12, 2012 | | Nationwide


Obama: Compromise, but not on tax cuts for rich

WASHINGTON (AP) - An economic calamity looming, President Barack Obama on Friday signaled willingness to compromise with Republicans, declaring he was not "wedded to every detail" of his tax-and-spending approach to prevent deep and widespread pain in the new year. But he insisted his re-election gave him a mandate to raise taxes on wealthier Americans.

November 09, 2012 | | Nationwide


J.C. Penney reports hefty 3Q loss

NEW YORK (AP) - J.C. Penney Co. is hoping it has hit rock bottom.

November 09, 2012 | | 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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