NEW YORK (AP) - Hidden in AT&T Inc.'s financial statements is a story that runs counter to its optimistic profit projections: The company is generating less revenue from each new smartphone subscriber.
CUPERTINO (AP) - Apple is set to report another record quarterly profit on Tuesday, continuing the relentless string of results that's made it the world's most valuable company. Those profits don't come out of thin air: A range of businesses -from the company's wireless carrier friends to its PC-making foes- are seeing their profits melt away and flow to Apple's bottom line.
MENLO PARK (AP) - Facebook's first-quarter net income fell 12 percent, weighed down by higher expenses even as its revenue soared, the social networking company said Monday, just a few weeks ahead of its expected initial public offering in May.
WASHINGTON (AP) - Social Security is rushing even faster toward insolvency, driven by retiring baby boomers, a weak economy and politicians' reluctance to take painful action to fix the huge retirement and disability program.
SAN FRANCISCO (AP) - Netflix's comeback from a customer backlash accelerated during the first quarter, but the recovery wasn't impressive enough to ease more pressing concerns about the Internet video subscription service's ability to cope with tougher competition.
SANTA CLARA (AP) - Intel Corp. said Monday that PCs with chips from its new generation of processors, featuring a revolutionary design, will be available this week.
ATLANTA (AP) - Baseball is back, which means die-hard fans like me are hungry for updates and highlights when we're not near our televisions or computers.
NEW YORK (AP) - The worst appears to be over. Gasoline prices are going down.
Sometimes I am just blown away by the reaction I get to a column. I write what I think is the most innocuous and non-controversial answer to someone's question about Social Security benefits - and then, out of the blue, my email inbox is flooded with letters. Some of them have an inquisitive "this can't possibly be true" tone, while others are downright angry.
SAN FRANCISCO (AP) - Shifting from Google's CEO to executive chairman proved to be lucrative career move for Eric Schmidt.
LOS ANGELES (AP) - Disney movie studio boss Rich Ross stepped down on Friday, taking the fall for at least a couple of over-budgeted bombs as Hollywood shies away from taking risks on big blockbusters.
DETROIT (AP) - For the first time in more than 20 years, U.S. automakers are questioning a pillar of manufacturing: The practice of bringing parts to assembly lines right before they're used.
OMAHA, Neb. (AP) - Strong earnings reports from two of the nation's biggest freight railroads show that the U.S. economy is continuing its long, slow recovery.
LOUISVILLE, Ky. (AP) - Taco Bell's new take on the taco, featuring orange Doritos dust, has helped put the sizzle back in its U.S. sales after a nearly yearlong slump stemming from a short-lived lawsuit that caused the chain some queasiness.
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.
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.
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.
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.
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.
WASHINGTON (AP) - U.S. employers advertised more jobs in May than in any month in the past seven years, a sign that this year's strong hiring trend is likely to continue.
WASHINGTON (AP) - What you study - math and science are a plus - seems to matter more than whether your alma mater is public or private when it comes to finding a high-paying job after college, according to a report released Tuesday by the Education Department.
LONDON (AP) - They are rolling symbols of wealth and excess, starting at $263,000 a pop, with many buyers choosing custom options that can easily double the price. And they are more popular than ever before.
ST. LOUIS (AP) - One of the nation's leading gun manufacturers has reached a settlement in a nationwide lawsuit claiming a popular hunting rifle has a defective trigger mechanism that can cause injury and death.
LOS ANGELES (AP) - The Supreme Court shot down Aereo's business model this week, but that doesn't mean customers' desire for a better TV experience is gone.
NEW YORK (AP) - Ikea's U.S. division is raising the minimum wage for thousands of its retail workers, pegging it to the cost of living in each location, instead of its competition.
NEW YORK (AP) - Nike's fiscal fourth-quarter net income rose 5 percent as higher revenue in most geographic regions offset heavy investments in marketing for the World Cup soccer tournament.
NEW YORK (AP) - Stocks are closing lower on Wall Street, with banks posting some of the biggest declines.
LOS ANGELES (AP) - A new study finds half of households in metropolitan Los Angeles spend at least 30 percent of their income on rent or mortgage payments - the highest rate among U.S. cities.
DETROIT (AP) - A number of analysts are predicting that General Motors' June U.S. sales will underperform the overall auto industry, putting the company in danger of losing market share at a critical time.