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Business nation briefs

FDA APPROVES HIGHLY ANTICIPATED WEIGHT-LOSS PILL: WASHINGTON (AP) - The Food and Drug Administration on Tuesday approved a new weight loss drug from Vivus Inc. that many doctors consider the most effective therapy in a new generation of anti-obesity pills designed to help patients safely shed pounds.

July 17, 2012 | | Nationwide


WSJ: New iPhone to have thinner screen

CUPERTINO (AP) - A published report says the new iPhone will have a thinner screen. That could leave more room for a larger battery.

July 17, 2012 | | Nationwide


Mayer's top 3 challenges as Yahoo CEO

SAN FRANCISCO (AP) - Like a lot of math geeks, Marissa Mayer enjoys tackling complex problems. She will find plenty of those as the latest CEO at Yahoo. The troubled company has turned into a vexing brain-twister as its financial performance has steadily deteriorated even though it still boasts one of the Internet's biggest audiences and best-known brands.

July 17, 2012 | | Nationwide


Viacom decides not to block 'Daily Show' online

LOS ANGELES (AP) - Viacom has decided to let new episodes of "The Daily Show with Jon Stewart" and "The Colbert Report" be shown on its websites, easing a blockade of online viewings that it imposed last week in a fee dispute with DirecTV.

July 17, 2012 | | Nationwide


Drought now grips more than half of the nation; crop losses feared

WALTONVILLE, Ill. (AP) - The nation's widest drought in decades is spreading, with more than half of the continental United States now in some stage of drought and most of the rest enduring abnormally dry conditions.

July 16, 2012 | | Nationwide


Bay Area briefs

PG&E MEMO SAYS DOWNGRADING LEAKS COULD CUT COSTS: SAN FRANCISCO (AP) - A Pacific Gas & Electric Co. memo from a few years before the deadly San Bruno pipeline explosion suggested that managers might want to consider downgrading leaks found on natural gas lines, instead of fixing them.

July 16, 2012 | | Nationwide


Google exec Mayer named Yahoo CEO

SUNNYVALE (AP) - Yahoo is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years as the company struggles to rebound from financial malaise and internal turmoil.

July 16, 2012 | | Nationwide


Consumer bureau to police credit reporting bureaus

NEW YORK (AP) - The companies that determine Americans' credit scores are about to come under scrutiny by the country's new consumer watchdog.

July 16, 2012 | | Nationwide


Needles found in sandwiches on 4 Delta flights

MINNEAPOLIS (AP) - Delta Air Lines Inc. and the FBI are trying to figure out how needles got into turkey sandwiches served aboard four flights from Amsterdam. One passenger was injured.

July 16, 2012 | | Nationwide


War on pensions moves to new target in Stockton

When I wrote about the coming "Public Pension Wars" a few years ago, the responses ranged from astounded to angry. The very idea that a state or municipality could change pension contribution requirements - in the middle of an employee's career - was shocking.

July 13, 2012 | | Nationwide


Macy's wins temporary block against Martha Stewart

NEW YORK (AP) - J.C. Penney's woes keep piling on. In the latest string of troubles, Macy's won a preliminary injunction against Martha Stewart Living that would prevent it from selling some of its products at the chain.

July 13, 2012 | | Nationwide


Prosecutor: Iowa-based CEO carried out $200M fraud

CEDAR RAPIDS, Iowa (AP) - The chief executive of an Iowa-based brokerage firm admitted in a tell-all suicide note that he carried out an elaborate fraud scheme in which he embezzled at least $100 million from customers over two decades, federal investigators said Friday.

July 13, 2012 | | Nationwide


Suspending your benefits before they even start

Q. I am about to turn 66 years old. I was planning to wait until age 70 to file for my Social Security benefits because I wanted to get the delayed retirement bonus you mention so often in your column. But I found an article on the web that encourages people like me to file at age 66 and then immediately suspend my benefits. That way, if I change my mind before age 70, I can go back and get retroactive benefits until age 66. What do you know about this?

July 13, 2012 | | Nationwide


Developers pull plans for New Mexico ghost town to study new technology

ALBUQUERQUE, N.M. (AP) - The company behind plans to build a scientific ghost town says it is pulling out of a deal to develop the make-believe city near Hobbs.

July 13, 2012 | | Nationwide


US rowing team outfitted with Philly-made gear

PHILADELPHIA (AP) - While lawmakers in Congress continue fuming about uniforms for the U.S. Olympic team being made in China, a Philadelphia company is looking forward to seeing its locally-made apparel being worn by American rowers.

July 13, 2012 | | Nationwide


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Articles by Section - Nationwide


Apple post biggest earnings gain in nearly two years

CUPERTINO (AP) - Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.

July 22, 2014 | | Nationwide


Five tips to protect yourself from ID theft

NEW YORK (AP) - It's an almost weekly occurrence: On Tuesday, Goodwill said its computer systems may have been hacked, leading to the possible theft of customers' credit and debit card information. The nonprofit agency, which operates 2,900 stores in the U.S., said it is working with federal investigators to look into a possible breach.

July 22, 2014 | | Nationwide


New Orleans recycling smoked cigarette butts

NEW ORLEANS (AP) - In New Orleans, discarded butts are being turned into something useful.

July 21, 2014 | | Nationwide


Verizon launches rewards program with tracking

NEW YORK (AP) - Verizon Wireless is launching a nationwide loyalty program this week for its 100-million-plus subscribers. There's a twist, though: To earn points for every dollar spent, subscribers must consent to have their movements tracked so the company can help target ads that match their interests.

July 21, 2014 | | Nationwide


Beef pollutes more than pork, poultry

WASHINGTON (AP) - Raising beef for the American dinner table does far more damage to the environment than producing pork, poultry, eggs or dairy, a new study says.

July 21, 2014 | | Nationwide


Microsoft : Design central to its future

REDMOND, Wash. (AP) - Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food - or "food concepts," he says, for people on the go. Among them: dried noodles that come wrapped around a pair of chopsticks; a tubular meal that can be pulled with two fingers from a car cup holder base; and a fork that squeezes out sauce.

July 21, 2014 | | Nationwide


What happens to your online accounts when you die?

WASHINGTON (AP) - You've probably decided who gets the house or that family heirloom up in the attic when you die. But what about your email account and all those photos stored online?

July 16, 2014 | | Nationwide


Strong PayPal growth boosts eBay’s 2Q profit

SAN JOSE (AP) - EBay said Wednesday that its second-quarter net income rose 6 percent, as strong growth from its PayPal payments business offset lower-than-expected revenue that was hampered by a global password reset after a cyberattack.

July 16, 2014 | | Nationwide


SoCal hearing addresses oil refinery rules

LOS ANGELES (AP) - Residents of modest neighborhoods near three of the largest oil refineries in California called on the Environmental Protection Agency on Wednesday to crack down on plant emissions, saying the pollution is choking their children and endangering their health.

July 16, 2014 | | Nationwide


Reno convention bookings up 49%

RENO, Nev. (AP) - Northern Nevada tourism officials say they've seen a significant spike in convention bookings, but continue to struggle with a drop in government business because of a misconception that casino resorts cost more than other hotels.

July 14, 2014 | | 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


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