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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


Credit card late payments down in 2Q

LOS ANGELES (AP) - Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit.

August 25, 2014 | | Nationwide


Housing recovery on track

WASHINGTON (AP) - A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.

August 21, 2014 | | Nationwide


Russia may close more McDonald’s

MOSCOW (AP) - Russia's food safety agency said Thursday that it was checking McDonald's restaurants around the country, a day after several branches of the chain were shuttered in Moscow.

August 21, 2014 | | Nationwide


Wealth gap widened in the last decade

NEW YORK (AP) - A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer.

August 21, 2014 | | Nationwide


Gap reports higher profit

SAN FRANCISCO (AP) - Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales.

August 21, 2014 | | Nationwide


Burger King nixes lower-calorie ‘Satisfries’

NEW YORK (AP) - Burger King is getting rid of its lower-calorie french fries at most restaurants after less than a year.

August 13, 2014 | | Nationwide


Amazon debuts mobile payment app, card reader

NEW YORK (AP) - Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through their smartphones and tablets.

August 13, 2014 | | Nationwide


Apple bans use of 2 chemicals in iPhone

SAN FRANCISCO (AP) - Apple is banning the use of two potentially hazardous chemicals during the final assembly of iPhones and iPads as part of the company's latest commitment to protect the factory workers who build its trendy devices.

August 13, 2014 | | Nationwide


Cisco to lay off up to 6,000 workers

SAN JOSE (AP) - Cisco said Wednesday that it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring.

August 13, 2014 | | Nationwide


PBS’ antiques show finds $1M baseball trove

LOS ANGELES (AP) - The PBS series "Antiques Roadshow" says it hit a home run with a collection of 1870s Boston baseball memorabilia.

August 12, 2014 | | Nationwide


Asbestos sales flourish in Asia

VAISHALI, India (AP) - The executives mingled over tea and sugar cookies, and the chatter was upbeat. Their industry, they said at the conference in the Indian capital, saves lives and brings roofs, walls and pipes to some of the world's poorest people.

August 12, 2014 | | Nationwide


‘Advanced Warfare’ jumps Call of Duty predecessors

FOSTER CITY (AP) - It feels like a well-armed Christmas morning at Sledgehammer Games.

August 11, 2014 | | Nationwide


Postal Service loses $2 billion this past spring

WASHINGTON (AP) - The U.S. Postal Service lost $2 billion this spring despite increasing its volume and charging consumers more money to send mail, officials said Monday.

August 11, 2014 | | Nationwide


FDA OKs DNA-based test for colon cancer

WASHINGTON (AP) - The Food and Drug Administration on Monday approved the first screening test for colon cancer that uses patients' DNA to help spot potentially deadly tumors and growths.

August 11, 2014 | | Nationwide


Yelp CEO reviews own business

SAN FRANCISCO (AP) - After Yelp posted the first quarterly profit in its history last week, the online business review site got panned on Wall Street. The company's stock plummeted 11 percent the day after the results came out, wiping out its gains for the year.

August 06, 2014 | | Nationwide


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