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Archive By Section - Nationwide


Apple sags as consumers buy cheaper iPhones

CUPERTINO (AP) - More consumers are buying the least expensive iPhones and iPads, a new phenomenon that is causing Apple's breakneck growth rate to slow.

July 24, 2012 | | Nationwide


JPMorgan to pay $100M in credit card settlement

NEW YORK (AP) - JPMorgan Chase has agreed to pay $100 million to settle a lawsuit by customers who claim the nation's largest bank improperly increased minimum payments on their credit card bills.

July 24, 2012 | | Nationwide


Software maker VMware buys Nicira for $1.26B

PALO ALTO (AP) - Business software maker VMware is buying computer networking specialist Nicira for nearly $1.3 billion.

July 23, 2012 | | Nationwide


2nd triple-digit loss for Dow in 2 days

NEW YORK (AP) - Fear that Spain may need a bailout sent its borrowing costs soaring, the euro to a two-year low against the dollar and stocks around the world tumbling as investors pulled back Monday from all manner of risk.

July 23, 2012 | | Nationwide


McDonald's net income drops in second quarter

NEW YORK (AP) - Not even McDonald's Corp. has an iron stomach when it comes to the global economic downturn.

July 23, 2012 | | Nationwide


Peet's Coffee & Tea going private for $977.6 million

EMERYVILLE (AP) - Peet's Coffee & Tea is being taken private by a German conglomerate for approximately $977.6 million.

July 23, 2012 | | Nationwide


How Apple's phantom taxes helps hide billions in profit

CUPERTINO (AP) - On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won't reflect its true profit, because the company hides some of it with an unusual tax maneuver.

July 23, 2012 | | Nationwide


Cisco to lay off 1,300 employees in latest cutback

SAN JOSE (AP) - Cisco Systems is preparing to lay off about 1,300 workers just a few months after the world's largest maker of computer networking equipment warned that growing economic uncertainty is making it tougher to close sales with its customers.

July 23, 2012 | | Nationwide


Netflix's 2Q results riding on subscriber growth

SAN FRANCISCO (AP) - Netflix will provide an update on the growing popularity of its Internet video service and the death march of its DVD-by-mail rental service Tuesday when the company releases its second-quarter earnings.

July 23, 2012 | | Nationwide


Simple questions with not so simple answers

Q. I enjoy reading your column, but I must complain that sometimes you are too long winded in your answers. Why can't you answer a simple question with a simple answer?

July 20, 2012 | | Nationwide


US has fewest cattle in at least 4 decades

WICHITA, Kan. (AP) - A widespread drought that's forcing ranchers to sell off animals has helped shrink the nation's cattle herd to its smallest number in at least four decades.

July 20, 2012 | | Nationwide


DirecTV, Viacom fight to draw in channel punch-out

LOS ANGELES (AP) - Viacom and DirecTV fought a bruising bout over fees to a draw Friday and agreed to a long-term deal that ended a 10-day channel blackout.

July 20, 2012 | | Nationwide


Ford says plug-in van goes 20 miles on electricity

DETROIT (AP) - Ford says a plug-in electric version of its new C-Max small van will be able to go more than 20 miles on battery power alone, and have a range of 550 miles on a tank of gas.

July 20, 2012 | | Nationwide


Verizon's wireless glows as broadband growth hits wall

NEW YORK (AP) - Verizon Communications Inc., parent of the country's largest cellphone carrier, on Thursday said its net income rose 13 percent in the second quarter as its wireless arm pulled in record profits.

July 19, 2012 | | Nationwide


Google's earnings rise as clicks on ads soar

MOUNTAIN VIEW (AP) - Google is getting even better at showing online ads to the right people at the right time. That enabled the Internet search leader to hit analysts' earnings target for the second quarter and reassure investors about the company's moneymaking prowess.

July 19, 2012 | | Nationwide


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Articles by Section - 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


No more serious safety issues lurking

DETROIT (AP) - A thorough review of General Motors' safety issues is nearing completion and hasn't turned up any more serious problems, the company's CEO said Tuesday.

June 10, 2014 | | Nationwide


Vehicles go on material weight diet

DEARBORN, Mich. (AP) - Roofs made of carbon fiber. Plastic windshields. Bumpers fashioned out of aluminum foam.

June 09, 2014 | | Nationwide


Prodding Congress, Obama acts to ease student debt load

WASHINGTON (AP) - Up to 5 million Americans struggling to make their monthly student loan payments could find relief under a program President Barack Obama expanded Monday, part of an election-year push by Democrats to paint Republicans as blocking common-sense steps that could help the middle class.

June 09, 2014 | | Nationwide


Pot tax collections booming in Colorado

DENVER (AP) - Colorado's marijuana market boomed in April as tens of thousands celebrated the once-underground 4/20 pot holiday.

June 09, 2014 | | Nationwide


Netflix stopping notices that irked Verizon

SAN FRANCISCO (AP) - Netflix will ease up on a month-long finger-pointing campaign that blamed Verizon and other Internet service providers for problems with its video subscription service.

June 09, 2014 | | Nationwide


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