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Archive By Section - Nationwide


Safeway's first quarter profits jump amid cost controls; stock price drops

PLEASANTON (AP) - Grocery chain Safeway Inc. reported a sharp jump in net income for the first quarter, helped in part by strong cost controls.

April 26, 2012 | | Nationwide


Samsung Electronics reports record profit

SEOUL, South Korea (AP) - Samsung Electronics Co., the world's largest consumer electronics firm by revenues, on Friday reported a record-high profit as strong smartphone sales helped mask a drop in semiconductor and TV profit.

April 26, 2012 | | Nationwide


Chrysler posts best quarterly profit in 13 years

DETROIT (AP) - Chrysler had its best quarterly profit in 13 years. Not bad for a company that almost died three years ago.

April 26, 2012 | | Nationwide


Senate votes to slow closing of post offices

WASHINGTON (AP) - The Senate offered a lifeline to the nearly bankrupt U.S. Postal Service on Wednesday, voting to give the struggling agency an $11 billion cash infusion while delaying controversial decisions on closing post offices and ending Saturday delivery.

April 25, 2012 | | Nationwide


Ancestry.com acquiring Archives.com for $100M

PROVO, Utah (AP) - Ancestry.com Inc. will acquire rival family history website Archives.com for about $100 million in cash and assumed liabilities, the companies announced Wednesday.

April 25, 2012 | | Nationwide


Apple's blowout quarter propels Nasdaq to big gain

NEW YORK (AP) - The Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The iPhone maker's stock climbed $50 after the company once again blew past Wall Street's profit forecasts.

April 25, 2012 | | Nationwide


House to vote Friday on student loans

WASHINGTON (AP) - In an escalating election-year clash, the House will vote Friday on a $5.9 billion Republican bill preventing interest rates on federal student loans from doubling this summer, paid for by cutting money from President Barack Obama's health care overhaul law.

April 25, 2012 | | Nationwide


Animal welfare activists get it their way at Burger King

NEW YORK (AP) - In a boost to animal welfare activists looking to get livestock out of cramped cages, Burger King will be the first major U.S. fast-food chain to give all of its chickens and pigs some room to roam.

April 25, 2012 | | Nationwide


Google launches storage service for personal files

SAN JOSE (AP) - Google is hoping to build the world's largest digital filing cabinet in the latest attempt to deepen people's dependence on its services.

April 24, 2012 | | Nationwide


New case of mad cow disease in California

WASHINGTON (AP) - The first new case of mad cow disease in the U.S. since 2006 has been discovered in a dairy cow in California, but health authorities said Tuesday the animal never was a threat to the nation's food supply.

April 24, 2012 | | Nationwide


Mad cow case found, but meat supply deemed safe

U.S. officials announced a case of mad cow disease in a dairy cow in California. It is only the fourth such case detected in the U.S. since the first case was identified in 2003.

April 24, 2012 | | Nationwide


Apple trumps expectations, sells 35M iPhones in 2Q

CUPERTINO (AP) - Apple Inc., the world's most valuable company, trumped skeptics once again by reporting blowout iPhone sales.

April 24, 2012 | | Nationwide


Monthly smartphone bills down at AT&T

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.

April 24, 2012 | | Nationwide


Apple's squeeze hits phone companies, other competitors

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.

April 23, 2012 | | Nationwide


Facebook’s 1st quarter net income falls

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.

April 23, 2012 | | Nationwide


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Articles by Section - Nationwide


Investors fret. Yahoo’s stock dips

SUNNYVALE (AP) - Yahoo may be losing some appeal on Wall Street now that U.S. investors can buy directly into Alibaba.

September 22, 2014 | | Nationwide


BUSINESS NEWS FROM ACROSS THE NATION

• STARBUCKS TESTS LATTE WITH STOUT FLAVOR: NEW YORK (AP) - Starbucks is testing a latte that it says has the "savory toasty malt" flavor of a foamy mug of stout.

September 22, 2014 | | Nationwide


Procter & Gamble cancels NFL promotion

NEW YORK (AP) - Procter & Gamble is canceling an on-field breast cancer awareness promotion it had been planning with the National Football League, the latest sponsor to respond to the NFL's growing problems.

September 19, 2014 | | Nationwide


Yahoo may make up to $9.5 billion

SUNNYVALE (AP) - Yahoo is making amends for years of blundering with one smart move: an early investment in Alibaba Group that has turned into a multibillion-dollar boon.

September 19, 2014 | | Nationwide


Your (online) life after death

NEW YORK (AP) - Sure, you have a lot to do today - laundry, bills, dinner - but it's never too early to start planning for your digital afterlife, the fate of your numerous online accounts once you shed this mortal coil.

September 16, 2014 | | Nationwide


UPS expects to hire up to 95,000 workers

DALLAS (AP) - UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season - an increase from last year, when the company was caught unprepared for a boom in online shopping.

September 16, 2014 | | Nationwide


Wal-Mart levied fictional ‘sugar tax’ on soda

ALBANY, N.Y. (AP) - New York's attorney general has settled a false advertising investigation at Wal-Mart, saying some store personnel were citing a nonexistent "sugar tax" on soda.

September 16, 2014 | | Nationwide


Record 4M orders of iPhones

CUPERTINO (AP) - Apple had more than 4 million advance orders of its new, larger iPhones in the first 24 hours, exceeding its initial supply, the company said Monday.

September 15, 2014 | | Nationwide


Envelopes in hotels invite tips for maids

NEW YORK (AP) - Do you leave a tip in your hotel room for the maid? Marriott is launching a program with Maria Shriver to put envelopes in hotel rooms to encourage tipping.

September 15, 2014 | | Nationwide


Minecraft’ could boost mobile reach

NEW YORK (AP) - Microsoft's decision to spend $2.5 billion for the creator of the hit game "Minecraft" could help the Xbox maker grab attention on mobile phones, a new priority for the company.

September 15, 2014 | | Nationwide


Olive Garden defends breadstick policy

NEW YORK (AP) - Olive Garden is defending its practice of giving customers as many breadsticks as they want, saying the policy conveys "Italian generosity."

September 15, 2014 | | Nationwide


Olive Garden investor: Back off on breadsticks

NEW YORK (AP) - Maybe there is such a thing as too many breadsticks.

September 12, 2014 | | Nationwide


Prosecutors target credit card thieves overseas

WASHINGTON (AP) - Criminals from around the world buy and sell stolen credit card information with ease in today's digital age. But if they commit their crime entirely outside the United States, they may be beyond the reach of federal prosecutors.

September 12, 2014 | | Nationwide


Massive new construction tool ready for NASA welding

NEW ORLEANS (AP) - A massive structure described by NASA as the world's largest spacecraft welding tool has been completed at the Michoud (MEE'-shoo) Assembly Center in New Orleans, which was chosen in 2011 to build components of a major new rocket system.

September 12, 2014 | | Nationwide


Feds: Colon supplement makes bogus claims

WASHINGTON (AP) - The federal government says Bayer is making unsupported claims in advertisements for its dietary supplement designed to help with digestion, in violation of a federal court order.

September 12, 2014 | | Nationwide


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